WATSON'S
Celebrated
DRY GINGER ALE
Its unique "dryness", delightful aroma and rich flavour are features which give this beverage the IMMENSE POPULARITY it deserves..
It has been repeatedly declared by travellers, tourists and others, that WATSON'S DRY GINGER ALE is UNEQUALLED by any similar product throughout the world.
A. S. WATSON & CO., LTD.
AERATED WATER MANUFACTURERS, ESTABLISHED 1841.
GRAYS
THE CHINA MAIL.
WHITEAWAYS
NEW VALUES
IN
MEN'S HANDKERCHIEFS BRITISH MANUFACTURE.
No. 4281.
B.V. G.16.
Men's White Lawn Hem-
stitched Handkerchiefs. Soft
finish, ready for use. Size:
18 inches square.
BASIC
VALUE
PRICE:
$3.50 doz.
Fine White Lawn Handkerchiefs. Hemstitched 1inch hem. Laundered ready for use. 18 inches square.
PRICE: $7.50.doz.
PRICE: $8.50 doz,
No. 22P1.
YELLOW
Alexandra Bldg-
and
Hong Kong Hotel
Men's Hemstitched Lawn Handkerchiefs. dered. Ready for use.. I inch hem. squarc.
Fully laun-
Size: 19 inches
LANTERN SHOPS
LINENS, LINGERIE,
MEN'S PYJAMAS, DRESSING GOWNS, SMOKING JACKETS, PEKING JEWELLERY,
and RUGS.
SHANGHAI
TONG KONG
After
NESTLÉS
MÄLTED MILK
MANILA
MEN'S OUTFITTING DEPT. WHITEAWAY, LAIDLAW & CO., LTD.
The China Mail.
sincerely hoped that no further extremist notions cause the Re- publicans to revert to their radicali Hong Kong, Wednesday, June 8, 1932.outlook before the London con-
ference concludes.
Irish Dispute.
Personal Pars,
Mr. George A. Walker, I.S.O., who has been for 24 years in the ser vice of the Kowloon-Canton Rail way, and has just relinquished the post of Traffic Manager and Store- keeper, left the Colony by the N.Y.K. liner Hiye Maru yesterday, on retirement, and is proceeding to England via Canada. He was awarded the Imperial Service Order, for long and faithful service, in the King's Birthday Honour, on June 9.
News in Brief.
The return of notifiable diseases for the 24 hours ending June 7, shows one case each of enterte fever
WEDNESDAY, JUNE 8, 1932.
LANE, CRAWFORD, LTD., SUCCESSFUL.
NEW RECORD ESTABLTHED IN WORKING ACCOUNT.
Net Profit of $227,292.57.
BONUS FOR STAFF.
A net profit for the year of $227,292.57, was reported at the tenth Ordinary Yearly Meeting of 'Messrs. Lane, Crawford, Ltd., held in Exchange Building this morning.
A record working profit in the history of the firm was recorded, the amount being $249,029.13, and every department of the busi ness is now working at a profit. A dividend of 30 cents on old shares and a proportionate amount on new shares, with a bonus of 20 cents on old shares and a proportionate amount or new shares, was and meningitis. * proposed, absorbing $69,312.20, while a bonus, to the staff. absorbs
$18,170.08.
A Chinese woman, Yip Hai, who was knocked down by a motor lorry In Des Voeux Road Central died from her injuries in hospital at 2 p.m. yesterday.
The Chairman said; "Before proceeding to report on the affairs of the Company, I desire to record, with feelings of deep regret, the loss we have As 1. result of alighting sustained by the death of Mr. from 1 tram car which M. Manuk. on 7th April. was still in motion in Johnston late Mr. Manuk was one of the Road yesterday, a woman, Ng Lim- original Directors, and served king (16) suffered injuries to her the Company continuously since head, and was removed to the Gov-1922. ernment Civil Hospital.
The
-Building. In September last the First and Second Mortgages on Ex- change Building were readjusted, and the Hong Kong & Shanghai Banking Corporation took over the balance of the Second Mortgage the Hong Kong Realty & Trust Co., which was previously in favour of
Ltd. We are grateful to our Bankers for the assistance they have rendered the Company In this We also suffered a severe loss connection. Their action in taking by the death of Mr. H. E. Scriven,
over the balance of the Second. In an attempt to commit suicide, Manager of our Furnishing De Mortgage is of silitantial benefit a woman, Li Sum (20) living at 58 Reclamation Street, jumped into the pany in 1904 and gave the firm
partment, who joined the Com-interest payable.
to our Company induction of the harbour at Chatham Road praya valuable service. near No. 8 railway bridge.
The total of Sundry Oditgrain was rescued by a male, Fan Kee, of accounts for the year ended 29th
The report and statement of loss this year by some $30,000 3 Lau Lung Hang, and sent to the February, 1932, having been in have to inform you that depre- In connection with Depreciation: Kowloon Hospital.
clation on the Company's property, Exchange Building and 15 Burrows Street, is similar to last year's. figure.
She
WARM FAREWELL TO THOMAS, HAILSHAM.
(Continued from Page 1.)
From the Great
Great Interest.
London, Earlier. "interest has been
Improvement in Anglo- cabled reports it appears that the aroused in 'Ireland by the visit visit of Mr. Thomas and Lord of the Dominions Secretary, Mr. Hailsham was very successful and day.
Thomas and Lord Hailsham, to
warm They discussed with Mr. De record-Valera, Free State President, and Mr. Geoghegan, Minister of Visits
Justice, the present difficulty be British officials
tween the two countries in rela-
The splendid improvement in theja pleasing aspect was the Anglo-Irish situation, consequent farewell they were upon De Valera's modified attitude ed when leaving Dublin, and the resultant opening of by prominent
SWIMMING relations, is very cheerful neve are
TOW
Hswim can be! One of
exhilarating a
the healthiest of sports, but one that makes great demands on your physical resources. A glass of Nestle's Malted Milk will effectively restore any loss of energy, and will dispel the tendency to fatigue and lassitude that so often follows after long periods in the water.
Prepared from the purest full-cream milk blended with Malted Barley and Wheat, Nestle's Malted Milk is an excellent tonic food and acts as a stimulant to the entire system. See that a glass awaits you after every díp.
Nestle's Malted Milk is easily soluble in either hot or cold water, and therefore takes only a very few moments to prepare.
NESTLE'S
MALTED MILK
NEED TO BUY A NEW DRESS.
TO: GO TO THE SPECIAL
· HOTEL DANCES.
JUST SEND US YOUR OLD
ONE WE WILL MAKE IT LOOK LIKE NEW.
INTERNATIONAL DRY CLEANING & DYEING CO.
your hands for the prescribed period, I will, with your permis- sion, take them as read.. after making due allowance for The nett profit for the year,
depreciation, is $227,292.57, which, added to the balance brought forward from last year, viz.: $29,372.86, makes the amount of $256,665.43 available, for distribution. This amount your Directors propose should
be allocated as follows:-
To General Reserve, $150,000. To Dividend ($41,587.32) and Bonus ($27,724.88), $69,312.20. To Bonus to Staff, $18,170.08. To Carry forward to new ac- count, $19,183.15.
Total, $255,665.43,
profit.
of
been
Bakery and Cold Storage Plant have been written down by very reasonable amount.
Furniture and Fittings,testau rant Utensils, etc. have been depre- ciated in accordance with the policy of previous years."
י
The Stocks of the Company, as depreciated where Necessary, valued by Management have been
The Cash posltid you will netice, la considerably improved, This year we show a credit balance of $64,033.07 as compared with an. overdraft of $224,640.43 last year..
Returning to the proposed alloca- tion; I would state that your Diroc- tors' consider the placing of. $150,000 to General Reserve a opinion that it is desirable to sug- sound policy, as they are of the ment the Company's reserve on ever possible. As a result of the transfer our General Reserve will. stand at two lakhs.
With regard to the Dividend :: The proposal this year is to pay.30 cents per Share on old Shares, and 1 proportionate sum on new Shares, Regarding the Bonus of 20 centa
per Share on old Shares and pro- ortionate amount on new Shares: my remarks anent the result of the
additional distribution. year's working will explain why your Board are in favour of this
The Bonus to Staff, I feel sure,
Our Staff is a particularly hard
extent due to their efforts that we are able to present auch an excel- lent report.
rare events and at ation to negotiations in connec- I trust that this proposel will and promotes a greater optimism time
when aome hostile de- tion with the Ottawa Confer meet with your approval. not only for the satisfactory settle monstration may well have occur ence.
Dealing with the accounts: ment of the dispute but also for a red it is gratifying to note that the various Irish Ministers and en- attention to the large increase in Afterwards they visited the It is with pleasure that I draw successful Imperial Conference at British delegates proved popular tertained Mr. De Valera at lun- the result of our working profit Ottawa next month. The threat to with the Irish crowds. This re-cheon in their hotel, where the as compared with the previous Empire Unity was a serious one and flects not only the body of Irish conversations were continued. year. The amount -$249,029.13 boded ill for the future relations opinion on the dispute but also
De Valera to Go to London. is a record in the history of It is expected that Mr. De the Company, and has between Ireland and the rest of the illustrates a useful point which Valera will cross the Channel on made possible mainly by an ap Empire. Ever since De Valera's should be kept in mind for the Thursday night to resume thepreciable increase in turnover, election to the Presidency open future.
conversations in London.
coupled with the substantial British leaders are too rupture has appeared imminent seldom in Ireland and their disin- following statement was issued over
After to-day's meeting the saying resultant from the taking Exchange Building, with London,
the Republican clination to cross the Irish Chan from the Government building, which we were able to do owing leader's dogged obstinaney blocking nel would appear, on the face of Dublin; "Mr. Thomas and Lord the assistance we received the way to any conferences which Mr. Thomas' visit, to be an unfor- tion with the President and the and Shanghal Banking Corpora- Hailsham had an hour's consulta- from our bankers, the Hong Kong may have provided an immediate tunate omission.
Unquestionably Minister for Justice, this morn- tion and to whom we tender our remedy. Lacking a majority in much of the wrongs claimed by the ing. There was a preliminary appreciations. It is gratifying to passage of his Oath Bill through imagined and result from a mite. followed by a discussion in Lon.our business is now working at a working one, and it is to a great the Dail, De Valera secured the Irish at the hands of England are exchange of views, which will be note that every department of will meet with your approval. don on Friday, as already arrang- Irish ed." British Wireless Service.
The item "Profit on Exchange Parley with De Valera. $7,070.97" represents, the ad- Mr. Thomas and Lord Hail-justment of sterling accounts
The Bill is now before the Senate activities in Britain that they are tish Government by Mr. De year this item stood at $2,576.18 to an invitation sent to the Bri and our London agents. Last where it has evoked much bitter so easily led by the violent and Valera, President of the Irish on the debit side.
During the year; the lay-out of comment even by those who plausibly "Red" oratorą who Free State, for a preliminary With regard to "Profit on sale the Main Store was altered, and. formerly were accounted supporters abound in Ireland,
discussion on the present difficul- of Investment", when address the Mezzanine Floor extended in- The fre- ties between the two countries in ing you last year, I mentioned order to provide necessary attra of De Valers, and it is certain that quent visits by prominent Bri-relation to the negotiation in that our interest in Messrs. Wm. space. The alterations have proved if the Bill is finally passed it will tish officials would do much connection with the Ottawa Con- Powell, Ltd, had been disposed very satisfactory, allowing more be amended to such an extent as to remove the misapprehen- fereilce.
of on satisfactory terms, The room for displaying goods to the to be almost unrecognisable. This sion as well as providing a closer tude with regard to the discus- vestment is now shown in the space undoubtedly provides better The British Government's atti-profit from the sale of this in-, best advantage, and the increased was one of the main reasons for contact between the two countries. sion with Mr. De Valera may be figure $40,222.30
shopping comfort. the President's sudden change of It seems almost inconceivable now summed up in the words of Mr. "Repairs and Renewals' show mind, while he was, being made to that the conversations which are Thomas, who before leaving an increase this year, owing to realise that Britain's reply that any to be resumed in London to-morrow going full of hope, but clearly re-arranging the store.
Euston for Dublin said: "I am expenditure mada necessary by tampering with the Treaty would will be fruitless and it is almost conscious of my responsibilities." be regarded as repudiation would certain that the Oath Bill will be
You will notice that the item "Bad" and. Doubtful Debte" does
Account this year, the reason be
securing the support of the small apprehension of the facts. Labour group. The price for that people are rather insular and, support is of course unknown, but it is owing to their lack of
it would not be inconsiderable, familiarity with conditions sham went to Dublin in response current between our office here
its
and
factorily explains the accounts be
I think, Gentlemen, that saL16-
Lore you,
The continual fluctuation of ex- change rates during the year in- volved repeated adjustment of sell- ing prices, but I am pleased to gay... that we were able to maintain very competitive quotations. We have be followed attended with disas dropped, although De Valera may THE SORROWS OF GARDENING. not appear in the Profit and Loss strictly adhered to the principle of trous results in Ireland, which finds apoll the operation through an "I hope we may hit upon the ing that all debts written off had goods, and our reputation for being supplying only the beat quality chief market in England, attempt at some foolhardy measure right thing, for I share the love of already been reserved for in full thoroughly up to date has been Farmers and producers of all in order to save face. The land Francis Bacon for a lawn, in previous years
maintained. (la this connection classes have petitioned the Govern annuities may prove something of
"My affection for the lawn Is The amount $656.18 for New in London, Paris, and New York.
our thanks ars due to our Buyers ment, and the large number of a stumbling-block, but the Intro- tion it demands. If it is to be tors Fees, etc., in connection Mannger, and Secretary, Mr. A. W. something tempered by the atten- Issue Expenses, covers Solici- I should here like, to refer to our Irish citizens in the civil and other duction of some semblance of pleasing to the eye it must be rolled with the issue of the balance of Brown Mr. Brown joined the services have evinced considerable harmony into the degotiations at least once a week and cut once the Company's Share Capital Company in February 1921, and apprehension. De Valera has lost gives ground for the belief that moments if plantain, clover and during the year under review
week, and weeded at all spare which was offered to members took up, Secretarial duties, in 1924. prestige through his persistence in the whole dispute will be success- sundry other unwanted green stuff I propose to deal with "Depre- Manager of the Company and our We have now appointed him. the pursuing a measure that would fully cleared before
thwa' is to be kept within bounds. ciation when referring to Balcondence in him has been more have coat his country dearly By Conference.
with ance Sheet items.
than justideda Work immer Turding to the Balance Sheer,
work he has put autumnAs already
In the
his invitation to Mr. Thomas to attend a conference at Dublin he has opened the way to a remed and If he continues his
secom
to rec
MINING REPORT
And what is ta out abad means fallen leaves
daily soma or rake till the or the worms, with petita for dead
ors decided to
the Comp
the