1938-03-23 — Page 21

Hongkong Telegraph 港電新報 士蔑新聞 All

COLONY TENNIS TOURNEY

Resumes To-morrow

• If Ground Is Fit

No play will be possible to-day in the Colony Tennis Championships at the Hongkong Cricket Club, but if there is no more rain, the ground will probably be fit for play to-morrow.

The following is a revised list of mntehen for to-morrow and Friday!

TO-MORROW

Open Singles-Paul Kong v. F. H. Kwok; J. A. H. Douglass v. W. A. Sander: W. C. Itung v. George Choa. Open Doubles. Owen Hughes and T. A. Pearce v. Luk Ding-cheung and Wong Shiu-wing.

Club Championship.-H. J. Arm- strong v. L. Goldman; G. W. Sewell v. J. C. Pool:

Handicap Singles-W, M. Burton v. A, C. I, Bowker.

Handicap Mixed Doubles.-F. V. Harrison and Miss D. Dodwell v. Mr. and Mrs. J. T. Prior.

FRIDAY

Open Singles-Lee Wal-long V. Wong Shin-wing: W. C. Hung or George Chon v. I. M. A. Razack; Leung Ping-chiu v. S. V. Liang,

Open Doubics.Taul Wal-pui and Toul Yun-pui v. A. V. Gosano and A. V. Remedios (Stand Court).

Handicap Singles.-G. W. Sewell v. R. M. M. King: J. A. H. Douglass v. E. R. Childe.

Handicap Mixed Doubles---J. F. L. Smalley and Miss J. Smalley v. Mr. and Mrs. J. J. Ferguson; T. E. Nave and Miss A. Tylor v. H. J. Armstrong and Mrs. James Hull: J. B. Stewart and Miss J. Weller v. T. C. Monaghan and Mrs. Whyte Smith,

SPORT

ADVTS.

THE HONG KONG JOCKEY CLUB.

THE SECOND EXTRA RACE MEETING Will be held (weather, permitting) at HAPPY VALLEY on SATURDAY, 20th March, 1938, com- mencing at 2.00 pan.

The First Bell will be rung at 1.30 p.m.

MEMBERS' ENCLOSURE

No One without a badge will be admitted to the Members' Enclosure. Badges admitting Non-Members to the Members' Enclosure and Club Rooms at $5.00 for Gentlemen and $3.00 for Ladies (Both including tax) are obtainable through the SECRET- ARY upon the personal application of a Member, such Member to be responsible for all visitors introduced by him, and for Payment of All Chits, &c.

The Secretary's Office, 1st floor, Exchange Building, (Tel. 27794) will close at 12.15 p.m.

TIMns are obtainable at the Club ure ordered

House provided they

from the No. 1 Boy in

Telephono 21920.-

advance.

PUBLIC ENCLOSURE

the

The Price of Admission to Publie Enclosure is $1.00 including Tax, for all Persons including Ladies, and is payable at the Gate. Soldiers and Saltors in Uniform are admed Half Price.

By Order,

C. B. BROWN,

Secretary. Hongkong, 21st March, 1030.

/SHE SAW THE

MAN

SHE

LOVED pass judg-

ment on a murder he, himself, committed!

Secret

Kent

Jane

Tribute To British Tennis Ace

Harc's Service And Overhead Play

London.

C. E. Hare, the British Davis Cup player, is considered to have, with David Jones, the best service and also to be this best player overhead, according to a list drawn up by an American writer for the American magazine, Laron Temiz, in which he gives the best exponents of the various aspects of the game of lawn tennis..

Here is the list: best court man- ner-Gottfried Cramoi; best service C. E. Hure and David Jones: best volley-R. L. Riggs; best forehand--

Cramm; best backhand- Gottfried Donald

best Budge: overhead-C. E. Hare; best half-volley-G. Mangin Glibert Hunt; fastest J. and Yamagishi: slowald

slowest-J. McDiormid;

e: stcudi most severe-Donald Budge; est-B. M. Grant and R. L. Riggs: headlest-F, Parker: least graceful- A. II. Hendrix; best lobber-Riggs: most promising-D. MeNeill; best drop shot-Yamagishi; best chop-F. Parker.-Reuter.

SHARE PRICES

The following is the list of local thare quotations issued this inorning: Banks

H.K. Banics, $1,515 b.

H.K. Banks, Lon. Reg), £90 1.

THE HONGKONG... TELEGRAPH. WEDNESDAY, MARCH

Pat Paterson and Kenny Baker in Waller Wanger's Street," showing to-morrow at the King's Theatre.

INCREASED PROFITS REPORTED

Hongkong Realty Co. Statement

To Shareholders

A considerable increase in profits was recorded at the ordinary yearly

Chartered Banks, £114 n. ex-div.meeting of shareholders of the Hong Mercantile Bank, A. and B. £28 Mercantile Bank, C., £14 n. East Asin Bank, $80 b.

Insurances

Cunion Ins, $275 7. Union Ins., $530 b. and sa. China Underwrites, $2.10 b. H.K. Fire In.. $245 n.

Shipping

Douglas, $67 b. H.K. Steamboats, $15% 11. Indo-Chinos (Prof.), $31 n. Indo-Chinus (Def.), $24 n. Shell Bearer, 80/104 n. Union Waterboats, $9 Docks etc. H.K. & W.

n.

H.K. W. harves, $133.

$331/2 b Providents

$3.45 b. (old) Providents (new), $1.45 b. New Engineerings, Sh. $3 n.

Docks, Sh. $100 n. Shanghai Kallan Mining Adm., 15/6 n.. Haubs, $7.00 n.

Venz: Goldfield, 34 n. Hongkong Mines 10 ets. n.

Philippine Mining Antamoks, P. 52 sa. Alaks, P. 27 sa. Bagulo Gold, P. 20 sa. Benguet Consol., P. 0.60' sa. Benguet Explor→→ Big Wedge, P.-

Coen Groves, P. 55 sa. 'Consolidated Mines, P. .011 sa.

Demonstrations, P. 35% sa.

E. Mindanao, P.

Gumaur G'fields, P.

Ipa

Ing Gold, P. 1.X.L., P. 70 sa.

Itogons, P.

Masbate Consols., P.-

Min. Resources, F.-

Northern Min., P. ---

Parucale Gumaus. P. 2011⁄2 sa. Salacot Mining, P.

San Mauricio, P. 51 s.

United

P. 10 su.

Sur P. 41 BR.

Land

Hotels, etc.

H. and S. Hotels, $0% 8. H.K. Lands, $36

H.K. Lands, 4% Deben $100 b. S'hat Lands, Sh. $7 n.

phrin Lands, Sh. -

$04 D. H.I. Realtics, $5.90 n. Chinese Estates, 305 b. China Realties, Sh. China Debent,

Public Ulties H.K. Tramways. $15% b. Peak Trams (old), $7 b. Peak Trams

(new), $3% n. Star Ferries, $84 b.

China

Yaumati Ferries (old), $281⁄2 n.

Light (old), $11.90 h. China Light (ol China Light (new), $0.10 b. H.K. Electric, $5834 s. Macao Electric, $104 11. Sandakan Lights, $1432 b. Telephone (old), $27 n. Telephone (new), $10.00 n. China Buses, Sh. Singapore

Singapore 'tions, 22/6 n.

22/0 n. Industrials Cald: Macg. (old), Sh. $144 n.

Cold: Macg. (Pref.), Sh. $12

n.

Canton Ices. $1.70 n.

Cemení, $174 h

H.K. Ropes $4.06 n.

Blotes, &c.

Dairy Farm, $25% b. Watsons, $6 b. x.d. Lune Crawfords, $04 n. Sinceres, $2.20 b.

Wing On TIC. $39 n.

William Powell, Ltd.. 60 cts. 11. Cotton Milla

Ewo Colton, Sh. $14 n.

S'hai Cotton (old), Sh. $72 n. Zoong Sings, Sh.

Wing On Textiles, Sh. -

Miscellaneous

H.K. Entertainments, $6,70 n. Constructions, $1

Vibro Piling, $5% 5.

b.

Ch. Govt. 5% 1925 G$Bds., 70%

н..

kong Realty & Trust Co., Ltd., held at Exchange Building this morning.

Mr. John Fleming, Chairman of the Board of Directors, said the Lido and the bungalows at Repulse Bay, in its vicinity, were making money. A dividend of 25 cents per share and the restoration of directors' fee cuta indications the returning

of were

of the Company, prosperity of

There were present Messrs. J. E. M. Raymond, Fleming (Chairman), E. Hon. Sir Shuuson Chow, P. K. Kwolt.

**52nd

LONDON STOCK EXCHANGE

1988.

AUTONOMY BUILT

ON FORCE "Times" Not Impressed

By Japan's Policy For China's Welfare

London, Mar. 23. The new Government in Central China to be inaugurated at Nanking Is the subject of a leader in the Times

to-day. The leader says that Japanese officials have declared that the organisation of the Chinese Mori- time Customs in Shanghai will be maintained intact, and the Japanese Government is known

to hold the viely that foreign debt service should continue to be the first charge on customs revenues.

But any satisfaction which foreign holders of Chinese bonds might de- rive from this circumstance is likely to be dashed by their knowledge of the tragle plight of Shanghai and its hinterland, which are producing. nothing and living on their capital,

The new Nanking administration, therefore, seems unlikely to contri-

| YESTERDAY'S CABLED bute to the rejuvenation of China for

QUOTATIONS

London, Mar. 22.

Mar. 21 Mar, 22

Wer Loan 34% (Red

which the Japanese Government pro- tesses a desire. It is handicapped by its origin and the bitterness ebgen- dered by the Japanese excesses dur- ing the first week after the fall of

after 1052) £101.9/10 101.11/18 Nanking. It represents nothing but

1913

Chinese Dr Criep Loan, Chinese 6 Heorg. Loan,

1013 (Ldn, Is.) Chinese 64

Notes, 1925 (Vickers}' Chinese Imperial Itly 6% Honan Rly 5 1005

Loan.**

Hukuang fly 8%, 1911 liukuang Itly. 6% 1911

(German kanac) Lung Tring & U. ita fly.

Sharghal-Nanking

the conquerors' will, and could not survive their defeat or departure for a day.

Chiang Kai-shek's Government is fighting on in the belief it can hold out longer than the enemy, and that in a few months' time he will be sceking to escape from the "Invader's dilemma."

more

In the meantime, Japan's attempts to set up "autonomous" governments In its place will trouble the Central

Government no

than does Japan's refusal to "recognise" the | Government which her army and air force have been doing their best to destroy for the last six months.--- Reuter,

Canton-Kawloon Rly. 5% Chinese 4% Geld Loan,

1800 (Brittal Issue) Chinese 5% Gold Bonds.

1925-47

21

21

74

74

+

CONT

70

Chinese 4% Anglo

French Loan, 1008 ....

DO

18

50

50

Gal

18

17

CO

0012

40

20

27

27

37% 1013

BO

20

40

40

Tientsin-Pukow Riy

24

A

Tientsin-Pukow Rly. 6%.

(Ger. Stpd.)

20

ZJ

23

25

25

23

Japan & Sierling Loan,

1007

495

4835

39

3815

BROTHER

xx 50

RETURNS

29

00

01

DI

TO GOLF

15/0

15/0

7/0

-London, Mur. I.

3/3

3/3

38/-

Brit. Stpd.)

T. E. Pearce, (Directors), J. H. Tag-Tirmisin-kow Rly. S

Director) F.

C.

(Brit, Sipd. Supl, Loan)

Hart Cretary), Wm. C. Clarkc. Tientsin-Pukow fly. B

Barry

P. H. Suckling, M. A. d'Eca, M. Corio (Shareholders).

The Chairman said:

year,

(Ger, Sipd, Supi, Loan)

Japan G% Sterling Loan, 1029. German 1 International

Lonn, 1934 .....

59

The proft for the year under re- view amounted to $57,104.68, which, together with the sum of $55,001.80 brought forward from the previous makes available $112,766.48 for allocation, and the recommendation of your Board in this regard is to pay a dividend of 25 cents per Share, Chosen Corporation.... absorbing $50,000.00, and carry for-rekin Syndicate........ ward the remaining balance of $82,- 760.48 to the 1938 Account.

Chartered Bank of IA.

& C............ 111⁄2 xd 13« 11.K. Tha Banking Corp. (dn. Reg.). 1.K. & S'hal Banking Corp. (Cal. Reg.) .... Chinese Engineering

Mining (bearer)

PERUSAL OF ACCOUNTS

T

Shanghal Elec. Construe-

tion Co.

S'hal Waterworks Co.

"A"

A perusal of the profit and loss Union Insurance Society account reveals that the profit for of Canton

approximately Gula Kalumpang Rubber 1937 increased by $47,500 by comparison with the pre- Allied Ironfounders ..... the principal contribut- Ansoc. & Elec. Industries eeding year, ing

factors in the presentation of Austin Motors, ord. ... such R satisfactory result being the Cable & Wireless. Now

of augmentation

from dividends on investments by some $16,000 and a turnover of $24.000 in the balance of working account from

01

and reflects

revenue

the

Form, ord............. British-American Tobacco

(bearer) Cammell Laird, ord

ord..... Mexican Eagic Courtaulds

Drop Forg

a debit item of $13,374.00 to credit Distillers accrued on operation of the Repulse General Elec. (England)

Duntop, Rubber Bay Lide and the Company's bunga- Guinness A) Son & Co. lows adjacent thereto, less such ad- Hawker Siddeley Aircraft ministrative charges not specifically Imperia Acroplane

Chemical Indus itemised in the profit and loss acorks & Spencer "A",

Imperial Tobacco count,

Increasing Rolls Royce patronage extended these assets dur-Leyland Motors ing the past year.

The Lido Estab-Tate & Lyle ing the lishment recorded a considerable Turner & Newail revenue gain in 1937 and there is United Steel

Smethwick little doubt but that with the passing inga of time the public is becoming more Armstrongs

Stevens, ord. appreciative of the amenities it offers. Vickers, erd.

Pressed Steel, ord. The bunaglows, for the first since erection, contributed in minor degree to the

profits, and general constant occupation, a very gratifying feature being that no vacancies existed even prior to the abnormal accommodation problem that faced the Colony in the latter stage of the year just ended.

BALANCE SHEET

were

In

year Woolworthe

Anglo-Dutch

Rubber Plantation Invest. Burma Corporation Commonwealth Mining Maraman Investments Randfontein Eztates Exploration Co. Sub-Nigel

Tanami Cold Mining Anglo-Iranian

Burma's

The balance sheet, I would submit, Shell Trans, & Trad. calls for no

on

no particular comment ny part excepting that the market value of investments shows consider- able decline on comparison with the: value shown in

previously

the

issued balance sheet; with

the

recent rise in values, however, the difference kas. at the moment, been almost

(bearer)

اروق

COTTON'S

ས ོ--ཡ-

Leslie Cotton, brother of Henry, bag returned to professional

Tel. 28151.

WASHING HATS

for

-

LITTLE GIRLS & BOYS

IN

WHITE

ALSO

White with green & Red underlining

$2.50 Children's Department

MEZZANINE FLOOR.

2 LANE CRAWFORD'S

The House of Quality & Service

Those who know....

Insist on

LEWO

Nom. Nam. after three years' absence. He gave 2514

31

25%

up his position at Coulsdon Court

Nom. Nom. Club for the estate business. Using his brother's methods, he is to teach golf for at least two months. He

31

Nom. Nom.

21/3 xd 21/ xd gives lessons in his garden, where

20/9 21/0

36/0 xd 36/7 27/0

20/0

GO

60

90/3 01/3 3/3 x 8/4 14/6 15/1 39/4 30/40 3/0 04/0 27/3 x 28/3 60/4% 69/7

115/- 115/

23/0

2/10347/8

29/0 30744 132/0 333/7

49715% 49/41, 58/0 83/D 70/3 17/3 25/770/3 77/14 80/- 20/14 28/3

he has floodlit nets. Leslie Cotton,

who is a year older than Henry.

has decided to play in some of the big tournaments this season. Reuter.

MANILA SHARES

The following business done quota. tions were received after the close of the morning session by Swan, Cul- bertson & Fritz from their Manila affice:

Benguet Consolidated

Demonstration

Anlamok

Atok

17/0

17/9

Bagulo Gold

0/3

0/3

13/3

Coco Grove

21/0

22/..

Consolidated Mines

02/3

24/3

237

1.X.L...

Paracale Cumaus

22/1

22/-

San Mauricio

10/3 10/3

2/48

2/-

17/6 17/6 41/7

12/0

2/0 2/0

Od.

197/0 19/0

ad,

73/11% 70/9

104/4 104/4

08/10% 0/10 -Reuter.

CHINESE SILVER

FOR AMERICA

New York, Mar. 22.

Business Done Prices in Pesos

12714

Unquated

9.30

G3

Unquoted

Linquated

Unquated

47

.1744

Unquofed

Suyog

United Paracale

The tone of the market;-Dull.

covered and the returns for the cur- The s.s. American Trader, brought stops pain

rent year give premise of materially 2,000 boxes of Chinese silver coins exceeding the dividends brought to from London to-day. It is under- credit for

1937. My predecessor stood they were valued at US. mentioned to you a year ago that $4,500,000.-United Press. your Board intended seeking from

of the

Government

count for the year 1938, and I shall some revision building covenants attaching to three ebliged it nome shareholder will undeveloped properties R. B. Lots 360 kindly second such proposal where- und 357 at Repulse Bay: resultant Accounts may be raised.

upon questions as to the report and upon the representations made, an extension of fulfilment time until

Mr. Clark

October 28, 1939, has been granted, maiion was adonded- and

and

the relevant notation in the

the

Suckling Cario, Mr. E. M

of Mr. On the motion by Mr.

re-elected Directors."

balance sheet has accordingly bed and Mr. P. K. Kwok were

emended.

ADEQUATE PROFITS

The proft for the year being The re-election of Messrs. Lin- purpose, your stend & Davis, auditors, was proposed by Mr. d'Eco and seconded by Mr.

adequate for the

Board are recommending the pay-

ment of a small dividend of twenty- Clark, and approved.

This concluded the business of the

ve cents per share, which I trust H.K. Govt. 4% Loan 0% prm. n.

will receive your approval. I take meeting. H.K. Govt. 3% Loan 1% pem. having regard to present indications, this opportunity of staling that,

Wallace Harpers, $01⁄2 n.

it is considered the payment of such Muramans Inv., (Lon.), s/- 17/0 n.

divident

can be maintained in Morsinans Ins. (H.K.), s/- 3/10 b. is not proposed to continue payment future and in the circumstances it

of directors, fees upon the reduced scale which was operative during past year. There

UNCLAIMED TELEGRAMS

I

The following unclaimed telegrams are awaiting collection at the offices

the

NEW 1938.

appearing to be no other matters to which useful reference can be made, I now beg.formally to propose that from the balance of

of the Great Northern Telegraph $112,708.48 standing at the credit of Company:

profit and loss account at December Aiers, R.M.S. Ranpura, Durst 31, 1987, h dividend of 25 cents per

ALHAMBRA Hongkong Hotel Daodingwang share on 200,000 shares be paild, and

Metropola Hotel, 0422,

All are from Shanghat,

the then rembinng balance of $52,- 706.48 be corried forward to the ac-

ZENITHO

CHLONG BISTANCE –

RADIO

in 3 seconds

CORNS

are killed and loosened with just ono applica- tion of Gets-It. A drop or two ends the torture of throbbing corns.' A few days later you can lift off the coră ---- root and all.

GETS-IT

Makes you forget corns.

SEND THIS COUPON TODAY

SCIENTIFIC" SERVICE CO. National Bank Bidg. Hongkong Without obligation, send me neg catalogue of the 1135. ZENITH RADIO.

STATE EXPRESS

555

THE WORLD'S

PREMIER HIGH-CLASS CIGARETTE

$1.20

for

50

MADE IN ENGLAND

Ardath Tobacco Co. Ltd.

210 PICCADILLY, LONDON. VII

QUEEN'S

11.00 a.m. SATURDAY & SUNDAY

"

JUNGLE

(PART. 2)

JIM"

THRILLS ! CHILLS I SPILLS ↑ "KILLS !

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