Just spring: to advise the Chinese roused hopes of a possible xeorgani- N#*k sation of a general nature, but the Subsequent "deterioration "of the Poligical situation put this out of the question. With no. prospect of redyetion of the regional armed fordes, the Government's "military expenses" continue to drain the exchequer and to add to the curvant deficit which at present. exceeds 12 million dollars 'a month, standing domestic bonds have in-"it creased driving the year by over 200 million dollars, face value, bringing the, total to nearly 100" millions. 'The Central Government's credit as reflected in the market price of thole loans has fallen disastrously and' the situation calls for speedy!
Rubber Review, Chinese Government Bonds, etc.
Company's Notices
Rubber Review:~The following informs The Hongkong and Shanghai Hotels, Ltd:—The Ordinary Yearly ied by Meeting will be held ut the Registered Office of the Company, Hongkong, on Friday, Match 18, 1982, at 11 a.m. The Transfer Books will be closed London, February 26 from March 2 to 18, 1932, both days inclusive. porte that " repaneutative of The New Engineering and Shipbuilding Works, Ltd.—Tho Annual eae pee raul areivdl the Hague General Meeting will be held in the Board Room of Messrs. Arnhvld ion with rotrietion rosed sight hopes in this market and caw rubber & Ca., Ltd, Shanghai on Monday, March 7, 1992, at 4 p.m, prices tallied somewhat... The improvement, however, pay 8 per cent. on Preference shaves and a Dividend of 5 per the market laderly expecially marked wreaks, langoly ramule ent, on Ordinary shares, of vives and absence of sufticint sappert The Twansfer Books will be closed from February 27 to March, 7, 1932, both days inclusive.
New York, March 3:—~ The Shanghai Loan and Investment Ca., Ltd.—The 13th Ordinary rs during the past week dew General Meeting will be held at No. 1 The Bund, Shanghai, on Tuesday, houses and, later, receded March 8, 1932, at 11.45 am, The Transfer Books will be closed from ouncement which Brought.
March 4 to & 1992, both days inclusive,
wed on the yurstion of restriction, At the precut time the market ' March, 1932, at 4.18 p.m. To pay a dividend of 7% on the Preference em nowt from Artntrdam tthe effect that ne Soon ad yet Meeting "wil be held at "Nia. ¥ Wrench Band, Shang, on" Mandeye TOL ter Coy Ltd—The 20th, Annual Gene lo listless has ut nat ts cay of bay Feber shares and a dividend of Tls, 2.50 a share on the Orinary shares. The Transfer Books be closed from 27th February to 7th March, 1932, inclusive.
EH. Marden & Ca. Ltd—At a me ing of the Board of urn the New one Spot Fob, 25 suis Singapore to shareholders at the forthcoming annual general meeting to. be held Directors held on 23rd February, 1992, it was decided to recommend ApriJuve Spot Apr. June on Wednesday, April 6, 1982, at 10 Hankow Road, Shanghai. To pay a dividend of Tael 1 per shave, 1 The Ewo Cotton Mills—At a meeting of the Consulting Com:
mittee held on 23rd February, 1932, it was decided to recommend. a Share Market Report: the Shanghai Stock Exe Lut in view of the rotation of Ivutilities and the possibility of fective to-day oF to-narront, ie fe anticipated that the wx clonal ISSD per sare on Grainaty' shares, cons Stidend of 8% per-share on Preference shares'and'n divi Bee Bute Plantations (10913), Ltd—The 19th Annual General Meets will reopen shortly.
Govt. Bonds:—With ths 1 outlook due to the cessation ing will be held at No, 2 Canton Road, Shanghai, on Thursday, March 10,°1883, a noone The Teanster' Books "wil! be" closed "tow ofa definite true, Htowle Ts ntrengehened considerably below. upprouchime very near to the cant Ue oval of january lost.
5% Reon. Loan, 1913, Brith Tome 5% Cold Loan, io 5 foes 5% Gold Loan, 1926, stamped (Per 0.4500)
{5% Imperial Railway Bonds.
Shanghai-Nenking Rollway Bonds '8% Sthal-H'chow-Niagpo Railway Bande Ghinese Kaglneerion & Mining Ca. "Bearee™
Shenghat Blectsto Construction Ca. "Bearer" kong & Shanghai Banking Corporation Chartered Dunk of LA. Chioa March 7 to 10, 1982, both days inclusive. mance Corporation.—The Annual General Meeting will be [held at 4 Hankow Road, Shanghai, on Monday, March 14, 1982, at 4 p.m, 'The 'Transfer Books will be cloved from March t to' 14, 10902, Foth days toclosve, "The China General Omnibus Ca, Ltd—Tho 9th Annual General Meeting will be held at the offices of the General Managers of the Company, 3rd floor, Sassoon House, Shanghai, at 4 p.m. on Tuesday, March 8, 1932. The Transfer Books will be closed from February 23 March 8, 1932, both days inclusive.
The Shanghai Seremban Rabber Estates, Ltd—The 17th Annual General- Meeting will be held at No. 10 Canton Road, Shanghai, on Tuesday, March 15, 1932, at 11.45 a.m. The Transfer books will be closed from March 10 to 15, 1932, both days inclusive, The Shanghai Waterworks Fittings Ca., Ltd.—The Annual General Meeting will be held at No. 484 Kiangse Road, Shanghai, on Friday, Match 18, 1932, at 12 noon. To pay a dividend of 10 per cent. and 'a bonus of 5 per cent, The Transfer Books will be closed March 9 to 18, 109 both days inclusive The Shanghat Waterworks Ca, Lid—The Annual General. Meeting willie held at No. 484 Kangse lead, Shanghai, on Thureday, March 1882, ut 12 noon.
A final dividend on Agreement Consumers' Account of 51% (or 23/6 per shares) on "A" shares, 31% (or 9.3d. per share) on "B" shares, and 43% (or 11.74. per share) on "C" shares, and a dividend 0 Extra-Agreement and Shipping Consumers' Account of 4/2 per "A"
covered by Shanghai Certificates and shares on Shanghai Register at shares and 24d. per "B" shares, The dividends will be paid on shares exchange 1/11 per tael. The Transfer Books will be closed from Murch 17 to 31, 1982, both days inclusive.
Asia Life Insurance Co—The Annual Meeting will be held in the Board Room of the Company on the 7th floor at No. 17 The Bund, Shanghai, on Monday, March 7, 1932, at 4.80 p.m. and drastic measures of reform and a particularly trying one for Which, to be effective, must-however Grayburn, who, in addition, was start on the political plane. Some handicapped by' illness for. con-encouragement may be gleaned from siderable period. shall be pleased to answer to the best of my ability any question shareholders may care to ask. jand where his kindly and helpful advice was always at our disposal. We regret. his death very much The Seconder of the propose! indeed, the fact that the sane and salutary The figures of the last year are sai Before seconding the adoption of fed this year with possibly more than Ht: Chairman and Gentlemen, [counts of the Bank gentlemen, aport and Acinfluence of the Chinese bankers is] not so good as we have apparently steadily increasing. in customed to, but they reflect great the conduct of the National finance. credit on the management and all afer cee Econ would [ordinary iterest for 1 was felt 9 Teibaite: to) Sta concerned. Te fe therefore with all Ferre cit oth what many, that after the. trying cas more regret of the Directors to express our recommend the usual bonus to staff. tors are unable tothe death of Sir Stabb, Sir Newton through we could not expect equally is our
Text read from the printed page and cleaned; old type leaves the occasional error.