CLASSIFIED ADVERTISEMENTS
25 words $2.00
for 3 days prepaid
AGENT WANTED.
DISTRICT Manager to handle circu- lution for lending American magazine publishers. Transportation, Office, Advertising furnlihed quallacant, Welle M A. Steele, 6 Columbus Circle, New York City.
FOR SALE.
FOR BALE-Ford V8 1035 Drop Hend Coupe. Excellent condition. $1,850. Box No. 447, "Hongkong Telegraph."
U.S. COMMODITY PRICES
May
July
LATEST CABLED
October
QUOTATIONS
New York, March 23.
New York Collon
December
Jan. (1038)
Mar. (1939)
Spot
Opening Closing 8.54/53 8.61/62 8.50/00
8.88/00
0.01/02
0.72/72
1.61/31
8.73/73
8.04/04
8.75/77
1.60/67
8.76/76
8.07
The First Notice Day for May
Cotton is April 20.
New York Rubber
May
13.10/11 12.89/89
July
13.18/13
13.00/02
September
13.30/32
December ... 13.51/47
January
13.15/18 13.37/36 13.43N Sales for the day:-5,440 tons.
Chicago Wheat
004/88% 8334/8314
May
July
Sept.
THE HONGKONG
NEW ADVERTISEMENTS, KOWLOON ́RESIDENTS'
HONG KONG CLUB
Notice
Tho Ninoty Fourth Yearly General Mooting of the Mombers of the Hong Kong Club will be hold in the Club House on Thurs day, the 24th March, 1938, at 6.30
By ordor,
p.m.
B. I. KERR,
Secretary, Hongkong, 14th March, 1938,
HONGKONG & WHAMPOA
DOCK CO., LTD.
NOTICE IS HEREBY GIVEN that the Ordinary Yearly Meeting of Shareholders will be held in the Offices of the Company, 2 Queen's Building, Hongkong, on Monday, 28th March, 1939, at Noon for consideration of the Directors' Report and Statement of Accounts for the year ending | 31st December, 1937.
The Share Register and Trans- fer Book will be closed from 12th to 28th March, 1938, both days Inclusive.
BY ORDER OF THE BOARD OF
DIRECTORS,
E. COCK, Chief Manager. ffongkong, 3rd March, 1938,
THE INDO-CHINA STEAM NAVIGATION CO., LTD.
Ordinary The Fifty-seventh General Meeting of the Company will be held at tho Offices of the General Managers, Messrs. Jar- dine, Matheson & Co., Ltd., Pedder 864/86 Street, Hong Kong, on Thursday, 034/8331st March, 1938, at noon, for the 034/83% purpose of receiving the Report 10,207,000 bushels of the Directora, passing the Accounts, and electing Directors and Auditors.
Tuesday's Sales:-
50/50%
The Transfer Books of the 619%/615% 610%/01
62%/62% Company will be closed from the 24th March to 14th April inclu- sive.
Chicago Corn
May
507;/50%
July
Sept.
Winnipeg Whent
May
July October
1104/110% 1159/115% 10714/10734 10624/107
00%/9014
NEW YORK
STOCK
EXCHANGE
SWAN, CULBERTSON & FRITZ LATEST REPORTS
New York, Mur. 23.
|
ASSOCIATION.
THE RENTS QUESTION..
aro
TELEGRAPH.
Following upon an interview with the Rents Commission, those persons who have answered the Association's questionnaire requested to call upon the Com- mission between the hours of 9 a.m, to I p.m. and 2 p.m. to 4 p.m.- on Saturday, 28th March, at the Urban Council Chamber, top floor, Post Ofco Building.
They should bring with them rent receipts, landlord's or solici tor's letters announcing AN increase of rent 'or giving notice to quit, and tenancy agreements, if any.
The Association, boing bound to treat all answers to its ques- tionnaire as confidential, is unablo to forward them to the Commis- sion. It is therefore important that persons who wish their cases to be considered by the Commis- alon should themselves bring them to the notice of the Commission on Saturday, 26th March.
R. BALDWIN,
Hon. Secretary..
NOTICE
An Old Blues' Dinner will be held on 29th March.
Any Old Blues who have not already been notified by letter are requested to communicate with J. P. Meintyre, at 42, Kennedy Road, Haugkong.
NOTICE
Messrs. John I. Thornycroft & Co., Limited have moved their Building, First Floor, Hongkong.― Executive Offices to St. George'n
Telephone No. 22363,-
UNION INSURANCE SOCIETY OF CANTON, LTD,
Notice to Shareholders
NOTICE IS HEREBY GIVEN that the ORDINARY YEARLY MEETING of the Society will be
By order of the Board,
JARDINE, MATHESON & | held at the IIEAD OFFICE, Union
CO., LTD.
Building, Hong Kong, on WED. General Managera. NESDAY, 13th APRIL, 1938, at. 11 .m., for the purpose of recelv- ing the Report of the Directors and the Statements of Account to 31st December, 1937, and of declaring Dividend, etc.
THE HONGKONG FIRE INSURANCE CO., LTD.
Notice to Shareholders.
Ordinary The Sixty-ninth 5. C. & F, correspondent cables: Stocks: The market is due for a General Mouting of Shareholders technical rally, but we expect subse will be held at the Offices of the quent weakness. The establishment undersigned on Tuesday, the 29th of new bear-market lows is an un-March, 1938, at Noon, for the Cotton: The market showed early purpose of receiving the Report of weakness on the action of stocks and the General Manngore, together the repetition of unfavourable statla-with a statement of Accounts for tics. The technical position of
the market at present should enable the year ended the 31st December,
favourable 1937.
favourable indication..
Pon
response to any
115 a scarcity of con-
The SHARE TRANSFER BOOKS of the Society will be CLOSED from 25th MARCH to 13th APRIL, Both Days inclusive.
By Order of the Board,
A. W. HUGHES,
General Manager. Hongkong, 14th March, 1938.
The Share Reglator and Trans- THE CHINA FIRE INSURANCE
tracts is apparent on any small upfer Books will be closed from the turns in price. The spot and textile markets are sluggish. Intense cull-15th to the 29th March, 1938, both vation of the new-crop on the re-days inclusive. duced acreage Is Indicated.
Wheat: Better cables from abroad, scattered reports of frost and ex- ports of probably over 600,000 bushels had a steadying effect on the mar-|
ket.
Corn: The market is steady and conditions are unchanged, Exports! totalled 500 000 bushels.
Rubber: February shipment of]
JARDINE, MATHESON &
CO., LTD. General Managers, The Hongkong Firo Insurance
Co., Ltd. Hongkong, 7th March, 1988.
COMPANY, LTD.
Notice to Shareholders
NOTICE IS HEREBY GIVEN that the SIXTY-NINTH ORDIN- ARY YEARLY MEETING of the Company will be held at its HEAD OFFICE, Union Building, Hong Kong, on WEDNESDAY, 13tй. APRIL, 1938, at 11.20 a.m., for the casings totalled 2,348,049 and oftickers were minutes late, Active purpos6 of receiving the Report tubes 2,100,020. February produc-issues were down from 1 to 4 points,
of the Directors and the State- tion of casings was 2,211,688 and of while inactive stocks declined from
2,105,200. February
ments of Account to 31st Decem- inven 14
10 9 points. The Street blames to- tories show casings at 10,833,030 and day's Bquidation principally On ber, 1937, and of declaring Divi- lubes at 10,181,093. The weakness President Roosevelt's address. Rails dends, etc. of the Singapore market and free reacted to unfavourable earnings offerings of retuai rubber met with reports. The weakness of some little factory interest. Estimates of other leading issues is reported to be the probable quota range from "no reflected in investment trust selling change to 50%.
U.S.
tubes
The SHARE TRANSFER BOOKS of the Company will be CLOSED from 26th MARCH to 13th APRIL,
Sugar: The market showed earic Steel, preferred, was below 100 Both Days inclusive.
the first time in years. Utilities weakness on scattered liquidation. were hard hit. Coppers, golds and Prices steadied on Cuban covering, slivers were downward. Mail-orders
us the United States offelally ratifled lost a fraction of В
yesterday's markets:
the International Sugar Agreement. Dow Jones Aver.
3. C. & F. Dow Jones summary of 30 Industrials
Mar. 22
point.
Close
117.11 114.38
20 Rails
The entire market to-day touched 20 Ulities new lows since 1035. Rail stocks 40 Bonds
22.02
21.75
17.50
17.30
and bonds again showed lows alnce 11 Commodity In- 1032, Trading was heavy and thei
10.89
86.15
dox
51.29
$1.14
COPIES OF
PHOTOGRAPHS
by "Staff Photographer" appearing in the
“SOUTH CHINA MORNING POST".
and
"THE HONGKONG TELEGRAPH" may be purchased
at the Business Office · of "The Hongkong Telograph”. Morning Post Building, Wyndham Street.
By Order of the Board,
A. W. HUGHES,
General Manager. Hongkong, 14th March, 1938.
BRITISH TRADERS' INSURANCE COMPANY, LTD.
Notice to Shareholders.
NOTICE IS HEREBY GIVEN that the SEVENTY-SECOND OR- DINARY YEARLY MEETING of the Company will be held at its HEAD OFFICE, Union Building, Hong Kong, on Wednesday, 13th APRIL, 1938, at 11.25 a.m., for the purpose of receiving the Report of the Directors and the State- monta of Account to 31st Decem. ber, 1937, and of declaring Divi- dond, etc.
The SHARE TRANSFER BOOKS of the Company will be CLOSED from 26th MARCH to 19th APRIL, Both Daya Inclusive.
By Order of the Board,
A. W. HUGHES,
-General-Manager.
Hongkong, 14th March, 1988.
THURSDAY, MARCH 24, 1938.
J. ULLMANN
& CO.
Established 1860
ANNOUNCE THE ARRIVAL
OF A NEW ASSORTMENT
OF WATERPROOF MODERN
WATCHES
RECORD
SOME QUALITIES:
WATERPROOF
SHOCK-ABSORBER
. ANTI-MAGNETIC
DUSTPROOF
. UNBREAKABLE CLASS
. 15 RUBIES
• PERSPIRATION-PROOF
STAINLESS STEEL
MODERN CASE
. STAINLESS STEEL
BRACELET
SIMPLE & SAFE
WINDING SYSTEM
ACCURATE TIME
GUARANTEED.
GUARANTEE GIVEN VALID
FOR HONGKONG, SHANG-
HAI, TIENTSIN, SINGAPORE,
LONDON, PARIS, GENEVA.
One Price Only
$75,00
J. ULLMANN
& CO. Chater Road.
Claims Wages For Patriotic Campaign
Bank Manager On
Witness Stand
Further evidence In the claim for remuneration of $818,33 against the Hon. Sir Shouson Chew, Mr. Kan of Tong-po, manager of the Bank Eust Asta, Mr. Li Sing-kui, Chairman of the Chinese Chember of Com- J. Chen, merce, and Mr. Shou Manager of the Bank of China, brought by Mr. Francis Yee, was heard before Mr. Justice R. E. Lind- sell at the Summary Court this morning.
The claim against the four defen- dants, who were stated to have been delegated by the Chinese Govern- ment to take charge of the sold of Salvation Bonds in Hongkong, is in connection with the advertising cam- paign for the bonds.
The plaintiff was represented by Mr. M. A. da Silva, while Mr. Peter H. Sin appeared for Sir- Shouson Chow and Mr. Shou J. Chen. Mr. C. Y. Kwan was for the other two defendants.
A counter-claim for damages in the sum of $385 was brought by Sir Shouson Chow and Mr. Chen. The elaim is for alleged breach of duty by plaintiff in authorising or procur- ing the printing of 10,000 posters.
Mr. Shou J. Chen continued giving evidence from the previous hearing when he said that the committee had never sanctioned or tried to put up any poster, and that it was definitely decided that they would not make use of posters.
The sub-manager of the Bank of China, Dr. S. F. Lam was then ques- tloned by Mr. Sin, and in reply said that he was not a member of the Bond Committee. No rough sketch of the poster had been shown to him by the plaintiff before the printing, and when the bill arrived for the posters he took the plaintiff to see Mr. Chen who was annoyed about it as he had not approved of the poster.
HAD NO AUTHORITY
Dr. Lom further salt that if plain- tiff had asked him to approve the rough sketch at the poster he could
ገዳ he had not have done so authority to do so.
по
Mr. C. Y. Kwan who is acting for the second and third defendants, then submitted that there was no case to answer in respect to his own clients, as in the writ his clients were sued personally, and there was nothing either in the title or the endorsement suggesting that his clients were sued In their representative capacity,
After citing from different legal authorities, His Lordship said they might possibly save some time if any other evidence could be brought up after the summing up of Mr. Sin's case had been heard.
SUMS UP CASE
Mr. Sin then summed up his case and said that the defence clearly embodied in letter written by him to Mesars. Deacons, who were acting for plaintiff, on November 27.
The claim on the part of the plaintiff is that he was employed to conduct an advertising compaign in respect of the sale in Hongkong of the Bonds, and that the campaign was terminated on March 31, 1938.
It was agreed that his remunera- tion should be $200 per month as from November 1, 1937, and that he was wrongfully dismissed on Novem- ber 13. To succeed the plaintif must prove conclusively that he was so employed upon the basis alleged by him. The campaign may operate until March 31, 1938, but it does not follow that the plaintiff will be engaged unill then.
$0
An allowance of about $150 a month was hinted by the plaintiff himself, and even on October 18 no specific allowance had been arrived at between him and my clients. The fact thut No arrangement for remuneration had been made can be seen even on the receipts, as plaintiff signed for different amounts as much for allowance, counsel sold.
rely The plaintiff now seeks upon the arrangement made on Octo- ber 26, that his salary should be $200 a month from November 1; the $200 to include pay for his two helpers. If that is true, the plaintiff could be dismissed instantly for his miscon duct.
HAD NO SANCTION
to
The plaintiff had without sanction or authority exhibited the posters on buses and troms, und It is absolutely clear that without authority he ordered the printing of 10,000 posters and exhibited them, counsel went on.
It was clearly made known to him thint for amounts over $50, permis- sion must first be obtained.
If Mr. Chen had given the order to the plaintiff for the posters he would not havo made such fuse when the printer called for payment. That fact is substantiated by Dr, Lam who was present at the time, counsel submitted,
On the evidence shown, the first and fourth defendants rightly terminated the plaintiff's engagement. Judgment was also asked for the counter-claim, as it had clearly been shown that no permission had been given by Dr. Lam or Mr. Chen, said Mr. Sin.
The case is proceeding.
POST
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Thurs., Mar, 24, 5 p.m.
Sinklong....Fri., Mar. 25, 8.30 a.m.
Air Mail for Bian, Lanchow and Eurasia Planc ........FrL, Mar. 25,
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Reg., Mar. 25, 12.45 p.m. Ord........
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14th April-and
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*Europe via
Mar. 25, noon.
G. P. O. and K. P. 0. Parcels, Reg,...
Strafts, Ceylon, India, Aden, Egypt Bangalore
and Europe via Marselles due Marseilles, 27th April.
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.Mar. 25, 1.45 pm. .Mar. 25, 2.30 p.m. Fri, Mar. 25.
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Kwelyang and Chungking by the "C.N.A.C." Altways Direct Ber- vico"
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Ord.,
.Mar. 25, 4.15 p.m. Mar. 25, 6 p.m.
Emp. of Japan Fri, Mar. 26, 4,30 p.m.
K.P.O.
Reg.,
.Mar, 25, 5 p.m.
Ord..
.Mar. 25, 5 p.m.
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Reg., Ord.. American
Mar, 25, 5 p.m. Mar. 26, 6 am.
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SHARE PRICES
The following is the list of local share quotations issued this morning: Banka
.Mar. 26, 8 am
Mar. 20, 9 .m.
EXCHANGE RATES
Sta..
II.K. Banks, $1,520 sa, H.K. Banks, (Lon. Reg), £90 n. Chartered Banks, £11% n. Mercantile Bank, A. and B. £28 n. so Mercantile Bank, C., £14 m. East Asla Bank, $80 b. -
Ensurances Canton Ina, $275 n. Union Ins.. $530 b. China Underwriters, $2 sa. H.K. Fire In $245 n.
Shipping Douglas, $87 b.
H.K. Steamboats, $151⁄2 n. Indo-Chines (Prof.), $51 n. Indo-Chinas (Def.), $24 n. Shell Bearer, 05/-n. Union Waterboats, 39 n.
Decks etc.
H.K.
& W.
H.K. W. $133 n.
$334 b. Providents
$3.45 b. Providents (new), $1.45 b. New Engineerings, Sh. $3 n. Shanghal Docks, Sh. $100 n. Kailan Mining Adm., 15/0 n. Raubs, $7.00 n. Venz:
Goldfield, $4 n. Hongkong Mines 10 cte. n.
Philippine Minior Antamoks, P. 51 so. Aloks, P. 271 sn. Bagulo Gold, P. 20 sa. Benguet Consol., P. 9.50 so, Benguet Explor., - Big Wedge, P. ---
Coca Groves, P. 55 sa. Consolidated Mines, P. 011 sa. Demonstrations, P. 3514 sa.
E.
Budamao. P.-
Ipe
G'fields, P.-
P. whe
F..71 m.
P. P
Masbate Console, F. --` Min. Resources, P. -- Northern Min, P. -- Poracale Gumnus, P. 201⁄2 so. Salacot Mining, P. --- San Mauricio, P. 40 an. Suyoc Consol., P. ‚171⁄21⁄2 80. United Paracales, P. 41 sa.
Lands, Hotels, etc.
H. and S. Hotels, $0% su, H.K. Lands, $38. H.K. Lands, 4% Deben $100 b. S'hal Lands, Sh. #7 n. Metropoiltan Lands, Bh. —- Humphries, $9% n. H.K. Nealties, $5.05 n. x.d. Chinese Estates, 305 b. Chins Realties, Bhi --- China Debent, -
Pablio Utilities HK. Tramways, $15 Paak Trama (old), #7 b. Peak Trama (new), 83% m Star Tarries, $84 h. Yaumati Terries (old), #28 n.
b.
Helsingfors. Shanghai New York. Vienna Amsterdam. Prague.
Mar. 18. Mar. 21.
.162.11/16
Paris... Geneva.
.21.63%
162 21.034
Berlin. Athens
.12.37%2
12.3794
.5471%
547/2
Milan
.04%
94
Olsa
18.90
10,90
.22.40
22.40
.19.42
1647
19.42
2201
22616
.4.00
1.98
.20
B.97
Madrid.
.14118 .Nom.
26 8.974
142 Nom
.110
110
Hongkong Bombay. Montreal. Brussels..
1/2jk
1/2
1/0%
1/0
.4.99
.29.40
Yokohama.
.1/1
4.08% 29.504 1/172
6774 .21%
6772
21
212
2014
20. 101.
Lisbon
Belgrade Bucharest Montevideo, Rio de Janeiro..218 Silver (Spot)....20% Silver (forward):20 War Loan.......101
216 17714
-British Wireless.
China Light (old), $11.90 b. China Light (new), $9.10 n. H.K. Electric, $68% 8. Macao Electric, $10 n. Sandakan Lights, $141 b. Telephone (old), $272 n. Telephone (new), $10.00 n. China Buses, Sh. Singapore Tractions, 22/G Singapore Pret., 22/8 n.
Industrials
Cald: Macg. (old), Sh. $14_n. Cald: Macg. (Pref.), S. $124 n. Canton Icts. $1.70 n. Cement, $17 b
II.K. Nopea $4.08_n.
Biores, &c. Dairy Farm, $25 b. Watsons, $0% b.
Lane Crawfords. $91⁄4 n. Sinceres, $2.20 b. Wing On (H.K.), $30 n. William Powell, Ltd., 80 cts, b.
Cotton Mil Ewo Colton, Sh. $13.00 n. Shel Cotton (old), Sh. $72 n. Zoong Sings, Sh.
Wing On Textiles, Sh.--
Miscellaneous II.K. Entertainments, $0.70 n. Constructions, $11⁄2 b. Vibro Piling, $0% 6.
Ch. Govt. 5% 1925 G$Bds, 70% 25. H.K. Govt. 4% Loan 6% præt. n. H.K. Govt. 8% Loan 1% pa.
Wallace Harpers, 39% b. Marsmans Inv., (kon.), x/- 14/8-n. Marsmans Ins. (H.K.), W. 3/10 b
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