1933-05-26 — Page 13

TO-MORROW'S RACES

GOOD FIELDS PROMISED AT. VALLEY

A FEW LIKELY WINNERS With the Happy Valley course In rides him he a worth the plak of condition and substansidering.

con

THE HONGKONG TELEGRAPH. FRIDAY, MAY 26, 1933.

tfal entries having been received CROCODILE HANDICAP. for all events to-morrow's Seventh Warrington will probably appear Extra Meeting of the Hongkong here instead of running early in Jockey Club is sure to attract an- the programme and his chances of of racing winning again are quite rosy, if other good attendance

recent form is considered. Bur- enthusiasts.

gomaster finished in the eight po altion running after Warrington last time, and despite its light burden of 145 lbs I am afraid it cannot win, unless the pony has the last improved greatly alnce meeting. King Salmon ran dis- appointingly and for this reason i will depend on Charming Face or Partnership for my place money

S.N. Pan will be riding a num ber of good poules and this marks his first appearance since his re- cent absence In Shanghai.

The May Handicap for "A" an "H" Clansea ponies reems to me like a return match between Sadko and Bag and Baggage, which suffered bet. a glorious defeat last time running in about the same company over

Chan five furlongs. Mr. yung's candidate has

in

|

few

THE FUTILITY OF TINKERING

men, I have very much pleasure in which the company "used for A conding the adoption of the Report great number of years does not and the Revenue Accounts and the meet with the requirements of tó-

alance Sheet as presented and, as an old shareholder in this Society, day, and the present form of ren- which has had such a long and fuller information of our position. dering our accounta’will give you cessful career and will shortly completing the centenary of existence, I would crave leave to add a few remarks.

ba its

(Continued from Page 0.) after having set up a reserve of 40% amounting to £260,367.15.6d. to meet claims upon unexpired rinks. You In the first place I should like to will notice besides this reserve

to we say that it is very gratifying have an additional reserve of £100,- shareholders that this Company, in

clAAECA 428.14.48. Certain

of our the difficult times through which we Fire business have not been giving have been passing, in able to continuo satisfactory results during the Inst to pay is usual dividend of 2 a years, but previous to this these share, which amounts to 50% of the pro- paid-up capital of the Company particular ecctions made good fits. This position is receiving our Also it is a matter for satisfaction attention and we have every hope that that our Reinsurance Fund which is a change for the better will take place. an additional Reserve, stands at tho The Accident and General business large figure of over a million pounds for last year shows a pront of 10.31% sterling which I consider very satisfactory. You will notice that we have set up reserve of 40% of the premium in- come for unexpired risks amounting to £89,788.2.10d. and that we have an additional reserve of £48,262.7, 24.

PHILLIPAR DISASTER..

to. With a decreased income and the

The 1931 Marine Account bas been closed and the profit of $130,027.04 carried to groft and Loss Account. The Marine Fund at the end of the year Including the additional reserve amounted to $1,073,476,80,

The Fire Account has been 40 per cent for unexpired risks closed by setting up a reserve of and a profit of $8,202.93 carried to the Profit and Loss Account.

The Accident and General Ac- count has been dealt with in a similar manner to the Fire Ac- count and a prollt of $38,237.07

Account.

CAR PARKING IN

ALLEY

EUROPEAN CAUTIONED

BY MAGISTRATE

13

SPORT ADVTS.

THE HONGKONG JOCKEY CLUB.

The SEVENTH EXTRA RACE MEETING will be held (Weather Per- mitting) at HAPPY VALLEY on Saturday, 27th May, 1933, cont- mencing nt 2.00 p.m.

The First Bell will be Rùng 1.30 p.m. this

Mr. J. 1. S. Smith, of the New Zealand Forcata Company, was summoned before Mr. Schofield, at the Central Magistracy morning, for causing an obstrue- tian by parking his car i the Gloucester Building on May 13. alley between Lane Crawford's and

Mr. Smith admitted parking the ear there, but said he did not know he was causing 2433 obstruction. He had parked his ear quite close to the wall.

Sub-Inspector Saunders said

MEMBERS' ENCLOSURE.. -Members are notified that they and their Ladies must wear their Badges prominently dleplayed.

No One without a Badge will be admitted to the Members Enclosure.

Badges admitting Non-alembers to the Members' Enclosure and Club Roonis at $5.00 for Gentlemen and $9.00 for Ladies (Both including Tax) are obtainable through the SECRET

are invented, is the fact that in the enrried to the Proft and Loss) that the summons was taken out/ARY upon the personal application at

AN OPTIMIST.

four-

Board of Directors.

car

Another subject for congratula- tion, as showing how well our funds year 1982 (a year in

which the mony firat-rate con-

as a result of complaints from dividends of cerns have shown nerious diminution) With These remarks I beg to pro- Lane Crawford's. He went down this Society has collected the num of

the pose the adoption of the Report, to this alley and anw £230,000 2. Id. for Interest and Revenue Accounts and Balance parked there with another vehicle, dividendn on our inveatments

Sheet na presented.

the owner of which would also be The 1932 Marine Account, norinal

against the sum of £253,404. Gs. 8d. in most respects, was unfortunately in the comparatively prosperous year The motion was seconded by summoned. The alley was a pri interested in severni major casualties, 1931. In short thin Company was,Fr. Leigh Gardner and carried un-vate thoroughfare used by the notably the "Georges Phlipper" and for 1932, in the fortunate position of animously.

Gloucester Buildings, the Hong "L'Atlantique" steamers and though being able to pay well over

On the motion of Mr. J. Bent-kong and Shanghai Hotels and THE NOVICE EVENT. such losses must be expected to have afths of the amount required to meet jey, reconded by Mr. F. II. Farne, Lane Crawfords for their motor Wing The last novice race, provided a material effect upon the final out- since been Orlando with a big dividend and turn of the year's underwriting, they cost of its 1932 dividend, out of Mr. J. Owen Hughes and Mr. T. lorries, and for other work carried the interent on its Investments. Sure- A. Mitchell were re-elected the out by the Arms. It meant ob- riven a good rest and running over still blæger dividends for the need not unduly depress us as knocks by this is a very sound position.

struction in Des Voeux Rond when ita favourite distance of one and placed ponies. To-morrow's event of this nature are to be expected when conducting a world Marine business half miles Bag and Baggage, with may likely provide Another upset, such as the Society's necount amounts

Mesura. Lowe, Bingham and cars had to be taken out. It was Matthews and Messrs. Linstead not a serious case, but the prac A.J.P. Heard in the unddle, should as the ponles are about even

At the same time it will be noted

and Davis were re-elected audi- tice of parking cars in alleys next redeem its past failure. The same their chances of winning and quite heavy losses referred in, I am afraid from war Profit and Lonx Accounts ..stablo has another strong repre- a number of them look good. The

we cannot expect a very favourable that the actual proft male on the fors, at a remuneration of $1,500 to the buildings had got to be sentative in Gay Crusader, which Gadwall is carrying only 168 and out-turn from the 1932 Marine Ac- 1031 Marine Account and on the Ae- ench, on the motion of Mr. B. M.stopped. If the police allowed it

ellent Account is satisfactory.

C. da Cunha, seconded by Mr. Ato continue, people would regard should run close to the winners, he is remembered for having run count.

There has been in all classes of

these alleys as parking placea, A. Alven. Sitting Bull, nn old favourite, and close to Orlando. Banjolinn in to

business a falling off in the premium King's Justice, which returned at Chanson's mount and it may

incomes. The consolidated premium excellent morning trial gallop of score the long overdue win for its

tremnes for the previous year amount Wednesday morning registering young owner. Golly Eyes and

ed to 993.828.14.td. in the ease of 2.05 over the mile distance, are the White Butterly are'nt so bad fur

Marine. £656,579.10.38. Fire, and only candidates which share some this medium distance event. All 835,1.01. Accident and chanes of getting close to the placed considered. I like Banjolina beateral. Some diminution in ponies.

here with The Gadwall as my sec- come was of course inevitable. Never Fond choice.

theless smaller income gork

to emphasise expenses ratios which we are making every effort to reduce.

Following our usual

our custom investiments have been valued at or below market prices ruling as at the 31st December last and our Inbilities and assets are included at the changes ruling as at the chase of the year.

mosl

STONECUTTERS HANDICAP.

It has always been the dimeult task of a tipster to select the winners over a sprint event and ) In particular when the selection con- cerns that of "B" or "C" Class ponies. The Stencentters Handi- . Alexandra eap is no exception.

Hall wen so convincingly over alx as furlongs last time out that despite at the increase of Ofteen be in weight the same pony still looks promising ! to me.

Both Royal Flush mul Tillicum bave been shaping remark- ably well lately and either of them is a good place-getter. Dee strikes me as a good outsider bet. Solar Star, winner of last meeting, is a possibility.

BRISBANE SUMMER HANDICAP. ;

RISES CURTAIN

TENNIS SEASON

ON

(Continued from Page 93.

נגו

BRITISH TRADERS

S HI,

MEETING

(LT)

!

In regard to the near future, I am bold enough to confess that m an

In this particular case, the car optimist, and that I have great hopes

was parked on the left against the that the World Economic Conferener.

wall, and underneath the fire ex at which all the principal Nations of

mean cape. It would also the World will be represented, will

obstruction to fire engines enter- Gen-mark a turning-point In the slough The annual meeting of the Bri-ing, were a fire to break out there.

in of depression of the past few years, tish Traders' Insurance Company, There were plenty of parking!

and that wise measures of inter-d. was held in the Union Build-places in Chater Rood and Con- national agreement will set the wheelsing this morning.

aught Rond. The Chairman of Directors (Me. Mr. Schofield administered

Dodwell) presided, and caution on the accused, others present were the Hon. Mr. C.G.S. Mackie, Messrs. C. Blaker, T. A. Mitchell, K. S. Morrison Even in the Far East, i seem to (drectors), Hon. Mr. Paul Lauder discern some hope in the fact that! the statesmen and huius men of general manager) and Messrs. both China and Japan are beginning J. W. Alaluister, J. Bentley, B.M.C. realize that it is much wiserda Cunha. Lelgh Garner, II. C

to trade with one Gray and V.R.V. Ribeiro. Pennomic policy

another than to ineur huge and un- reproductive war expediture in fight. ing against one another.

You will notice that our Exchange they are on their own pastures | and Investment Pluctuation Account Happy Valley.

stands at a very favourable Bgure and shows anterial increase over the pre- vimas year. The reinsurance fund of £1,0339,814,16,5d. is in the nature of nu dilitional and free reserve to thei deserves set up in the varioue funds.

PROGRAMME.

1.K.C. "A" K.C.C.MA“

The card for Monday is

"A" DIVISION,

C.R.C. "A" H.K.C.C. "A" " SCA.A. "A" C.R.C. "B* €.C.C. "A"

S.C.A.A. "I" University "A" y Recreio "A" My selections are:

V

CASH CONSIDERABLE.

at world trade going again and will improve commodity prices and inter- national exchange conditions, whilst reguring the very heavy burden of unemployment.

Con-

The amount of ensh the Society and Manager and the Staf of this afiliated Companies have on deposit | Society for the very able and and on current account as at the scientious manner in which they have close of the gear is considerable, but attended to our interests throughout

that I must be remembered

our the difficult year 1032.

Chairman's Speech

FANLING GOLF

STARTING TIMES

a Member, such Mamber to be respon- ible for all visitors introduced by him, and for Payment of All Chits, etc.

The Secretary's Office, 3rd Floor, Gloucester Building, (Tel. 27704). will close at 12 o'clock Noon.

Badges admitting to Members' En- clonure will NOT be on sale of the Race Course.

On No Pretext will Children be

permitted in either Enclosure during the Meeting.

Tifins are obtainable at the Club House provided they are ordered from the No. 1 Boy in advance. Telophone 21020.

PUBLIC ENCLOSURE. The Price of Admission to the Public Enclosure ie $2.00 including Tax, for all Persons, including Ladies, and is payable at the Gate. Soldiers and Sailora in Uniform are admitted Half Price.

Bookmakers, Tic Tac Men, &c., will not permitted to operate within the Precincts of the Hongkong Jockey Club during the Race Meeting.

By Order,

C. B. BROWN,

Secretary, Hongkong, 22nd May, 1933.

THE MACAO JOCKEY CLUE.

PROGRAMME and ENTRY FORMS for the Fifth Extra Race Meeting to be held in Macno on Sunday, 11th June, 1933, may be obtained at the Sports Club. Hong- kong Jockey Club Stables, or al the Offices of Messrs. Percy Smith, 9.32 a.m. A. Stokkink, R. A. Rod-Seth & Fleming, 6, Des Voeux

FOR SUNDAY Starting times for Sunday over the New Course at Fanling given below.

NEW COURSE.

are

9.30 a.m. G. T. May, R. C. Webb. 9.40 a.m. J. H. McElney, C. Austin, 0.44 n.m. A. G. Donn, J, R. Swales. Comdr. Lloyd.

9.48 a.m. Comdr. R. H. McBean, Lt.

I moving the adoption of the Before I resume my seat, I desire, report, revenue accounts and bal-

behalf of the shareholders, la ex-ance sheet, the Chairman said:-gers, press our very hearty thunks to the Gentlemen, I propose, with your Board of Directors, the General

permission, to take the report, revenue accounts and balance You will notice sheet as read. that the method in which our bal ance sheet is presented has been altered, and your directors believe that the present form of issuing our accounts will commend itself to you. The old form of balance sheet which the company used for the Board of a great number of years does not Directors. reat

meet with the requirements, of Le "We are all glad to see, that Mr. day and the present form

Hughes has recovered from his rendering our accounts will give lness," said Mr. Brearley.

the

To win:-J.R.C. "A", "C.R.C.siness is very widespread and with "H", Craigengower, Recreio. Ta the difficulties of exchange draw:--HAL,C.C. and K.C.C.

present time has been considered desirable to maintain adequate cash balances at our numerous Branches

Woodland Stag has not been so fortunate in securing first prizes this season since it changed to the L. Dunbar stable, but to-morrow afternoon under G. Frost agnin

SOME OF THE TEAMS. the same combination should run

Throughout the world. The invest away from the rest of the field here.

The following are some of the ment of our funds niso presents dif.

ficulties but shareholders may City of Brisbane and Friar Tuck selected teams: are the two place-getters here, H.R.C.C.-D.H. Hazell and R.H.sured that their employment to the because of the disappointing show Wild; L. Golinian and CA Wright: greatest advantage is receiving the of The Giraffe In the Sixth Extra. Armstrong and G.W. Sewellry close attention of your Board.

Meeting.

The Report was adopted.

CTHER BUSINESS.

Mr. A. Brearley moved that Mr. J. Owen-Hughes and Mr. T. A. Mitchell

reselected to

Mr.

of

our

of

of you fuller information The motion was decorded by view of the changed conditions

position. K.C.C.-E.C. and E.F. Fincher: of business our expenses have been H. G. Brayfield and curried

The 1931 Marine Account has A.E.P. Guest and W. Hyde: R.B. receiving extremely clase scrutiny and

animously, Humbly and S.A. Gray."

helpful economies in varinus direc-

Messrs. Lowe, Binghum and Mat- been closed and the profit Itam-finna have been and are being given hews and Messrs. Linstead and Davis £16,252,68,8d. carried to Profit and LR.:-8.A. and B.D.

effect to. These economies

were re-elected auditors at be

re-Loss Account. The Marine Fund jalm; J.A. Casaumbley and 1.3.A.

muneration of $3,000 each, on the at the end of the your including Society and of its affiliated Com

"I mention these

ed by Mr. L. E. N. Ryan.

£134,184. 128, 4d. icularly to you

Those present were Mcasra, Stanley II. Dodwell (Chairman), C. Binker,

LAMA HANDICAP "P", Adam and Amoy which have been knocking at the door for some time by collecting moneys should be most prominent Jahn or F.D. Pereira.

fre

number of place Bazuck; A.R. Minu and AH. Run- ing willingly shared by the staff of nution of Mr. W. H. S. Dent, second-i the additional reserve amounted to

in the running here. Amoy, I un- Club de Regrejo:-F.J. Realios

I

ns I

changes

I think it is these depressed times we are taking every reasonable step to adjust our- selves to a more restricted tende.

INTEREST EARNINGS.

2

The Fire Account has been clus.

derstand. will be run under a new and H.A. Burros:; L.A. Ribeiro and right that you should know that in, Owen Hughes, Hon. Mr. G. G. s. by setting up a reserve of 40 jockey this time and this should A. Remedios; G.A. Barretto and

Mackie, T. Mitchell S. Mor: per cent. for anexpired risks and be an asset in its favour. The dis- G.d. Noronha.

C.R.C. "A":-Ho Kalau and tance suits both ponies, as well as

Paula profit of £1,002.12.0d. carried to world (directers), Hon. Mr.

Lauder (general manager), J. W. the Profit and Loss Account. Valley Hall which is in the care of 1su Wai-pui: M. W. and M. K.

Alabaster, C. Bewley Bird, T. H. G. The Accident and General Ac- S.N. Pan. The winner should Lo: u Tak-chouk and Ng Sze-

Brayfield, A. Brearley, C. Bernard count has been dealt with in come from one of the three ponies kwong.

Brown, Hon. Mr. Chau Taun Nis, similar manner to the Fire Ac- mentioned, if Warrington is re-

C.R.C. "E":-W. C. Hang and

With regard to the amount of our B. M. C. da Cunha, W. H. S. Dent, count and a profit of 51.779.12s. 6d. serval for the latter event confined Chu Chun-chui; H. Lo and interest urnings you will notice B. B. L. Dowbiggin, 0.B., Aenrried to the Profit and Loss Ac- - to subscription grifins. Other Tak-kan; Ng Kam-ching and Tsoi from our Profit and Loss Account Dastur, John Fleming, H. C. Gras, count.

that these total £236,000.2%. 1d. This Leigh Garner, Ip Lan Chuen, M. II. wine Warrington is the seterted | Ving-fan,

With these remarks 1 beg to figure compares with £253,164. 5. 8d. Ivy, Allen Keith, J. L. McPherson, Sir winer hero..

S.C.A.A. "A"-Lee Waitso, the previous year ar a Woon-tsui: Luk Ding-cheung: Luk

decline of Henry E. Pollock, K., K.C., F. C. propose the adoption of the Re- POLO PONY SCURRY. Chun-cheung: Be Wai-hing, Wong 1,464. 38, 7d. You are all aware of Potts, James Ormiston, R. C. Rusker, part, Revenue Accounts and Bal-

Shiu-wing.

the diminution in interest that has V.H. V. Ribeiro, L., E N. Ryan, J. B. ance Sheet as presented. The biggest uncertainty in to- S.C.A.A. "I"-Chan Sp. Lee Yue. been going on all over the world and Ross, S. A. Slean, V. F. Soares, M.A.

Mr. H. C. Gray seconded the morrow's meating should come from wing; To Chung-yan, Lak Kang- in consequence it was not possible. Souza, P. V. Stapleton, D. V. motion, which was carried unani-

to maintain our the unofilelel race, the Polo Pony cheung; Chu Yan-Took, Taang Chung-

Interest nt its Steavenson, R. L. Stewart, Sum Pak-mously. former higher figure. This position ming. Teo Choon-hinn, G. G. N. Tin- Scurry over only three furlongs. nin.

Menara. J. Owen-Hughes and T. S.C.A.A. "O".—Wang,

of our affairs is being given close son. H. C. B. Way, J. F. Wright and A. Mitchell were re-elected to the A good start may land the winner in such a race and backers

Leung Ting-kau; Lul Kwai.fun, Ho study, and we hope in the course of Ilo Kom-tong, 0.B.E.

Board of Directors on the motion . warned to consider, above all, the in-kan: Ip Cho-pong, Chung Yurtime for some improvement.

of Mr. J. W. Alabaster seconded positions secured in the drawing for kwong.

by Mr. B.M.C. da Cunha. the ralla. Celerity, Doanabella and The Quail are ponies which im- pressed in their recent appeurances | In Kwanti and ench

a good sprinter. For those who prefer an outsider Bay of Calamity, Esculado, Grey Dawn and Jimmy are good possibilities.

are

Fook-nam,

STARTLING CRICKET

.

You will notice that after paying the same dividend and the setting up of adequate reserves we are carrying forward slightly more tha we brought forward at the beginning of the year.

I think the Sority owes a grent debt of gratitude to the General (Continued from Page 9.) Manager and Staff for their very loyal and efficient work, The con- Essex. Hammond und his col- duct of an insurance business in these "NIL DESPERANDUM STAKES. leagues had a miserable time most difcult timen is a particularly against the bowling of Nichols and anxious task and I think the figuren Melody ran auch a magnificent Daer, and although Sinfeld per- before you may be considered satis second to. Gay Butterfly in the last formed well with the ball for the factory.. meeting. I suppose the punters will losers, Essex eventually obtained have little hesitation in following the required runs with the lows of him in this race for non-winning four wickets. subscription grifilms. Melody is

suited by the distance and G.U, da

RESULTS.

Roza should add another win to Essex (187 and 116 for 6) hts Hot for this season. Now's Gloucester (139 and

wickets.

160) by

MR. BURNIE RETIRING.

CHINA FIRE MEETING

SATISFACTORY POSITION.

The position of the China Fire Insurance Company, Ltd. was re- viewed by the Chairman of tore, Mr. S.H. Dodwell at the an nuni meeting held in the Union

Building this morning.

Those prezent, were

On the motion of Mr. Leigh Gardner, seconded by Mr. V.R.V. Ribeiro, Messrs. Lowe, Bingham and Matthews and Messrs. Lin- stead and Davis were re-olected auditors

remuneration of at $1,500 enchi

MR. M. K. LO ROBBED RELEASED PRISONER RETURNS TO GAOL

A Chinese discharged from pel- Morrison son on Wednesday on the comple- beat year 1898, will be retiring from our (directors), Hon. Mr. Paul Lauder tion of a six weeks' term, appeared

Measts,

You will be sorry to hear that our Stanley 11. Dodwell (chairman), Shanghal Manager, Mr. C. M. GC. Binker, Hon. Mr. G.G.S. Mackie, Burnie, who came to the East in the T.A. Mitchell, K.S.

4 service at the end of this month. Mr.

The Time is good for n place Derby (322) bent Leicester (115 with Darlen or Bold General pro-and 121) by an innings and 86 runs). bably accuring the third position. Sussex (380-9 dec.) brat Somerset (12 mnd 95) by an innings and 161 LANTAO HANDICAP "g".

HONOURS LIST. BATTING.

When Davon scored in the last meeting many considered it a very Longridge, James (Sunsex) narrow win for E.0. Butler's

Somerset

mount. but personally I think Lee (Derby) v Leicester

Devon would have won with galle

BOWLING.

Chairman's Review.

the

Kome

Burnie has done most valuable sereneral manager), JW. Alabas-before Mr. Wynne-Jones in vice for the Society and its afiliated for. J. Bentley, A.A. Alves, B.M.X. Central Police Court this morning, Companies and I amn sure you will da Cunha, F. Farne, Lalgh charged with the theft of Al! Join with me in wishing him a Gardner, and H.C. Gray.

clothing from the servants' quar- long and a very happy retirement.

the Lors of 62, Conduit Road, Since we last mot Mr. A. W.

residence of Mr. H. K. Lo. Sen- Hughes as you will notice from the Report, has been appointed Inspector In moving the adoption of the tence of three months' hard la of the Society and its aliated Com-report, revenue accounts and babour was given, his Worship re- 134 panles and we feel sure that his In Innee sheet, the Chairman said: marking, the defendant was a most

htitative and vigour will be helpful| Gentlemen, I propose, with your extraordinary young man.

107

to our business in the various parts permission, to take the report, ro Inspector Brennan, prosecuting,

of the world he visits.

the

ex-

With these remarks I beg to pro-

venue accounts and balance sheet said the defondant was an pose the adoption of

Report, as read. You will notice that the employee at the house, and he Revenue Accounts and Balance Sheet method in which our balance sheet knew the ropes rather well, 11ts as presented. "

is presented has been altered, and previous conviction was for the your directors bellove that the theft of a bicycle from the same present form of issuing our ant was arrested entering a pawn- house On this occasion, defend-

a lot to spare if the pony had run

of

harshly dealt with and he should Sinfeld Essex

a bit faster in the initial stage of Tale (Bussex) v Somerset 5 for 13 that event. With an increase

and eight pounds Davon has not been too Nichols (Essex) Gloucester 7 for 32

(Gloucester 5

$ for 30 win again over six furlongs. The Deer (Eanex) v Gloucester & for 38

1 for 37

for

a bad start last time and if Frost;

SIR HENRY POLLOCK SECONDS.

Router. Ing, sald:——Mr. Chairman ante Gentle "The

Rainstorm and Imporial Hall look Langridge, James (Sussex)

defplorebellared

The Han Six Hamp: Bateck, wound, county all common fo

itself to you:

"WITCOL

Road, Central.

ni

Entries CLOSE

3 p.m. ou Tuesday, 30th May, 1933.

The "SPALDING"

"H" Type Tennis Ball is the ideal ball for Hong-Kong

DURABLE and CONTROLLABLE

SPALDING

TENNIS BALLS

Distributors for Hong-Kong GILMAN and Co.

SWAN, CULBERTSON & FRIIZ.

Investment bankera and brokers in securities and commodities

Daily New York and London Stock Exchange Servicé ». Commodity Futures on the principal American markets.

Members of New York Cotton Exchange.

Members of National Raw Silk Exchange Inc., New York. Members of The Rubber Exchange of New York, Inc. Members of The National Metal Exchange, Inc., New York. Members of Chicago Board of Trade.

Correspondents for Hayden, Stone & Co.

Cable Address: Swanstock,, Telophone 27263.

Asia Life Building, 14, Queen's Road, Hongkong.