THE CHINA MAIL, WEDNESDAY, MARCH 13, 1935
HONG KONG ELECTRIC COMPETITION FOR HONG KONG ROPE
COMPANY MEETING
(Continued from Page P)
"The fall in lighting consumption- commenced in 1933, The figure fucreased over 1930-31 by nearly
2,000,000 units, and this was aug mented during 1982. by a further 449,807 units. The year 1934, how- every showed a decrease of over, 600,000 units and 1934 a further decline of over 1,000,000 units.
"You will remember also that the weather conditions, during the your under review were abnormal 'as we had one of the coolest aum- mery on record which meant a large! diminution in the use of current for fany***
400. Metres To Good
lowever, I am glad to be ablá| 'to' say that"' the index figure of "meters "connected," which at onoj time showed a falling off has since) 'recovered, and 'we. finished up the year by being over 400. meters to the good, when compared with the previous year, This of course is due to the increased use of current for heating and power purposes, We are using every endenvour encourage power consumers bỷ giv- ing extremely advantageous rates, and in connection with current for. heating and cooking purposes we have introduced special tariffs| which comparò "very favourably, with the beat Fator at home.
to
There are certainly indications that we have passed through the worst phases of the "electrical de- pression," if I may coli the phrase,| and that we shall once again be able to Inok forward to an increase in the output.
CHILDREN
PICTURE COLOURING CONTEST
Here is a simple competition for children only grown-ups this time!
Temple, and you may win two tic- Colour in this picture of Shirley kets for Shirley Temple's- latest picture "Bright Eyes," which com- mences at the King's Theatre on Saturday.
יו
Only children under ten years of "The unita sold this year are age are eligible to enter this com practically the same as for last petition,
year, in spite of the diminution of
The picture of Shirley may be lighting units sold, and the as e coloured in either water colour or counted for by the fact I have al-pasteln. ready mentioned, that the power and especially the heating units are on the upgrade.
to
All entries are to be sent "Colour Competition, e/o The China Mail, by noon on Friday, with full name and address of the com- petitor attached.
New Plant Purchase "Postponed "Last year I indicated that it was essential to keep our Station The three best entries will be up-to-date in every respect and awarded two dress circle tickets to that we anticipated heavy expon-jace Shirley Temple in "Bright Eyes" diture in this connection during at the King's Theatre. the next year or two. What I had
in mind was the fact that we had
hoped to place orders early in
MANUFACTURING
COMPANY LTD.
Continued from Page 9).
Chairman's Speech
The Chairman, addressing the meeting, said:-"The gross re- venue amounts to $68,074.69 and after deducting Directors' and Au- ditors' Fees Depreciation, Inter- jest and Commission to General not for the Managers, there remains - a nett
profit of $19,160,96 for the year.
"This amount, added to the ba- lance carried forward from the previous year, makes a sum of $92,833.20 available for appropria- tion..
"Depreciation on Buildings, Plant, and Machinery has been calculated on the usual basis and Stocks and Stores taken in at cost or under. The Company's Investments have been written down to market value as at December 31, 1934, a depre- elation of $11,265.80. Profit on working shows a considerable de- crease, as compared with the figure placed before you for the previous year and this is accounted for by restricted sales and high rate of exchange for exports.
Markets Affected "Competition is very keen and the high level of exchange puts us at s disadvantage in markets where we have hitherto done a good business. We had been hoping that under the achome for Empire Preference' we would find inducements to sell our products in Empire markets, but so far we have had very little success, and we look forward with interest to the report of the Economic Com mittee which has been dealing with problems such as we have to contend with. We hope that goods produced in Hong Kong may be accorded a fuller micasure of preference in other parts of the Empire than is the case at present. :
"Revenue derived from rents is $11,576.10 better than for the year 1938, but in this connection we have to report that on December 31 Inst the Air Ministry gave up the portion of our Ma-tau-kok factory which they have occupied for many years.
now
The 'Military occupy a portion of the Ma-tau-kok Authorities still. property and negotiation are going on for a further area. As regards our 28 Chinese houses at Kennedy Town, notwithstanding
1935 for an extension of plant at "In spite of the very considerand without doubt is well fitted to North Point, but in view of the able diminution of the lighting re-manage and to keep our Installa lessening of the usual upward venue which forms the major portion to the fore in the way of gen trend of the output your Directoration of the total turnover, it is eral, efficiency.. decided to postpone the purchase very satisfactory that the results Mr. Mackle'a Departure of new plant for the time being, are as good as in the two preced- "Our Chairman, the Hon. Mr. C. the fact that rents were reduced is "There are indicatics, how-ing years-by this I mean that the G. S. Mackie, has not referred to November last to meet the competi ever, of one or two large loads to nett pront is practically the same his own Impending departure for tion of similar houses in that be connected to our mains within as for the two preceding years, the Homeland after having spent locality, only 40 per cent of our the next twelve months, and I am 1932 and 1933. Our dividend and so many years so usefully amongst houses are occupied and this would of the opinion that the new
bonus have been maintained and us, I can only reiterate what has appear to reflect the general paucity tension of plant will have to be this reflects the greatest credit on already been said in so many quar-in the demand for accommodation ordered either towards the end of everyone concerned in the hand-ters that his services will be a in the Kennedy Town area, this year or early in 1936, which ing of the Company's affairs dur-distinct loss to this Colony, and in Declaration of Dividend
and difficult particular to this Company. I am "I now beg to propose that the may, an foreshadowed, necessitate ing these uncertain the calling up of fresh capital. „
times. I am especially pleased to sure Sir, that you have many use Report and Accounts as submitted "We have completed the pur-note that only $4,224 is outstand-ful years before you and chase of land at North Point tong against bad and doubtful certain that this Meeting will join amount of $92,883.20 at credit of I feel be adopted and passed, and the which I have. Flready referred in debts-this is indeed minute when or in wishing you Good Health Profit and Loss Account be dis- this speech and in my speech at our total trading Agures are taken and Prosperity in the Homeland tributed as follows: our last Annual Meeting.
ex*
into consideration.
This
has consolidated 'the area and we
Attractive Rates
atorea.
Mr. Butcher Tributed
+
have
or whereever your activities may To pay a dividend of. 15 take you.".
cents per share, absorbing $30,000.00) Election Of Officials
To carry forward to eredit The appointments of the Hon.
of-next year's account.. $62,513.20 Mr. P. C. Potts seconded the re con-ed unanimously.
Directors Re-elected.
The re-election of the Hon. Mr.
A
What is the ADVERTISING
IF
USE of
the claims made are proved a fallacy? Would you bay that article a second time? While advertising is a powerful force in educating as to the uses. merits or money saving advantages of a product, the people are the judges when they make their first purchase. Delivering the goods" is what they demand, and the scrap heap of failures is piled with goods that could not stand the test of public judg menca" "ASPRO' messages are carefully planned to prove what ASPRO can do to alleviate pain and suffering, and the reason of its success through- out the civilised world is simple, because it fulfils all claims made for it. Its purity is its 'safety," and its quick action the healing service humanity appreciates. ASPRO conforms to the standard of purity laid down by the British Pharmacopoeia (the guiding authority of the Medical Profession) and the 15 uses enumerated below make it an iqvaluable quick first-aid emergency in every home. TRYK FUMA
ASPRO
GIVES QUICK AND SAFE RESULTS
Great Relief After 14 Years' Buffering
2.Thomas, St., Lewisham,
N.S.W.
28/2/33. Dear Sirs,
I have been suffering from Rheumatism and. Rheumatoid Arthritis for 12 10:14 year have taken a course of ASPRO' Tablets three after each meal and often, when, in pain, have taken an extra dose, belote going
bed obtained very great relief 'from this treatment; in fact, do not know how I could have continued to move about without "ASPRO
The pain has gradually improved, wad, now I find I need to take ASPRO only occasionally, confidentially recommend. ASPRO to all sufferers from rheumatisın.
(Sgd.) A. H. BURNS."
10F/34. danla b
can
15 PROVED USES
]—it reßeros Hundachas in %, to lê minutes.
· 2—It belig""Süvel:Slem
to the lasplosa: visu
29-3--li sraliavsa) Shenma»
tism in one night,
itis, and Neuralgim, yury 5--Take ASPRO to re-
lieve Toothasha. 6-ASPRO taken
cording to directiona
·will-smnek, up a Cold- or.Fla attack in 24 bouri.
711 bringe relief with. out harming the heart.. 8--It soothes away- Irri^""
DODWELL & CO,,'
DISTRIBUTORS A; Three Packings: 5′%, 70%, 27
ROTARIANS MEET
AT H. K. HOTEL
HANSAR
Weekly Tiffin Party
now have nearly 240,000 square in past years comments feet of additional land for storage been made with regard to attract- and extension purposes. One valuing power and heating consumers Mr. J. J. Paterson and Mr. S.. H. port and accounts, which were pass able anset of the new land is the and I note with pleasure that the Dodwell as Directors were sea wall which will enable us to Company is now introducing atfirmed on the motion of Mr. B. take delivery of coal direct ex It is also pleasing to see the man-A. Stevenson,
tractive rates for these services. Wong Tape and seconded by Mr. ship" thereby considerably reduc ing the landed cost. It will also ner in which electrical devices of The Hon. Mr. T. N. Chau pro-són as Directors was proposed by speaker at yesterday's Rotary Club J. P. Braga and Mr. S. T. William Mr.: H. C. Macnamara was the facilitate deliveries of plant and all kinds are being so prominent posed that Sir Robert Ho Tung; Mr. W. McLean, and seconded by Mr. Tiffin held at the Hong Kong Hotel!
ly displayed in the Company's new Kt, and the Hon. Mr. C. Gordonc. W. L. Cole.. Showrooms in the Gloucester Mackie be re-elected as Directors. Mr. H. Dwyer, proposed and Mr. president, presided.JM Building.
Roof Garden Mr. M. K. Lo, the "In thanking the Manager and Staff for their good services durference from the Chair regarding Messrs. Linstead and Davies Fleming and Messra; Linstead and mainly with the reforms instigat
"It is gratifying to note the re- Ping-sun.
This was seconded by Mr. Wong J, Dick seconded the re-election of Taking as his subject "The Re ing the year under review I wish the probable extension of plant were re-elected auditors for to Davis, as auditors.
Messrs. Percy Smith, Seth and form of Law, the speaker dealt to make special reference to Mr.which will mean capital adjust ensuing year at a remuneration of Butcher, who, owing to indifferent ment-further I am also glad to $2,600 per annum on the proposal health, has decided to retire from observe that the Company have of Mr. A. McKellar and seconded the Far East. During his man- agement the Company has continu
purchased a very useful area of by Mr. B. M.-Currie, ed to prosper and he has to a great our property at North Point which sea-walled land connecting with extent been responsible for bring will allow for further expansion Ing the Station to its present high and also we can now look forward state of efficiency by introducing to incoming coal carrying vessels high pressure, high temperature, discharging their cargoes direct steam driven generating plant into our Installation. thereby considerably reducing the step in the right direction as it is running costs. He has also drawn obvious that, further economies dealers. The outside markets were Sanitary Board held yesterday, the 6. Malcolm (of Hong Kong); G. up the plans for the proposed fur will be reflected in future Balance steady, but quiet, on a little factory need for more public latrines in the G. Chen, (Nanking)," and G.:Hys-
ther extensions, which will be of
Sheets.
great assistance to his successor,
8
This is a
NEW YORK STOCK MARKET
(Continued From: Page 6)
buying, y
SANITARY BOARD- MEETING
Latrine Programmes Discussed
ed by Napoleon Bonaparte and Je- remy Bentham, but at the conclu sion of his speech raised the In- teresting question of a 'lack of mor dernity in law administration which affected the large class of commercial litigants.
the chair, and the following guests Mr. M. K. Lo, President, was In
were welcomed: Messrs. J., HR Hance, Ng Tam-leong, Zea Yue
At the fortnightly meeting of the vim, Dr. F. M. Ozorio, and E. W.
Mr. Sorby. We are indeed sorry
Mr. Borby Welcomed
Jaland and Kowloon was stressed by lop; (Canton). "Sugar: The market continued to the President, Mr. WJ. Carrie, The Chief Justice, Mr. Justice to lose the services of such
"The Chairman made special be dull Futures ruled slightly Present at the meeting were the A. D. A Macgregor in proposing "valuable Manager and we wish reference in his speech to our heavy, while actuale remained un Vice-President, the Hon. Mr. R. M. vote of thanks to the speaker, him and Mrs. Butcher many years are indeed sorry to learn that he Cuban developments. The price for cal Officer of Health, Mr. L. C..F. only a lawyer but was a scholarly Manager, Mr. J. D. Butcher-we changed Both sides are awaiting Henderson, Dr. G. W. Fope, Medi-sald that Mr. Macnamara was not of happiness in the Old Country," Mr. Williamson's Speech
has tendered his resignation from Refined sugar is unchanged. Bellamy, Mr. F. C. Hall, Mr. C. J. and witty speaker on the Hghter Mr. S. T. Williamson, in second-health.
the Company owing to indifférent Flash Studebaker New Common Roe (Secretary) and Mr. Im Ping-side of English verse: Not only ing the proposal said:
He has given excellent stock was listed at the close of the tseung (Apsistant Secretary), was Napoleon'a codification of law service to the Company during the market at 23%.
Mr. Carrie said that no new public, well known in Egypt but there "In seconding the Chairman's few years he has been in Hong Mesara. E. A. Fierce & Company's latrines were built in 1984 and none were three parts of the Bri speech at this Meeting, I am con- Kong and he will be greatly miss report on the opening of the mar were being erected this year with Empire St. Lucia, Mauri 'fident that I am expressing the jed, and I am sure we all hope that kets feelings of the Shareholders gen- in the climate of his Native Land The opening of Wall Street to-day
the exception of two small ones erally in congratulating the Direc- he will soon be restored to good was mix tors and Management on the satis health we wish him a long and up on
Balightly question and the Board shou factory results for the period unhappy retirement, and I take this
der review, which in many quar | opport tors has been considered a dimeult Sorby
given
with:
On the cotton welcoming. Mr. V. foreign
Your ew Manager, he has the for many years. The
pre 'of these drections next year,
trine programmes
Kowloon for 1936 had bee to members; and appro
where judga
colleitors trained.
tise
model.
KOMOR
KOMOR HONG KONG
New goods
From 50 cts. to
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in"plain" Agures.
Temperature.
Sciatica und
With ASPRO pe 11-It can be lakin at any
at House, at Business jl daywhere di avery
where.g
12-It gives great relief to
13-It relieras ill affor
14-It relieves Dragos and Malaria by reducing the Fever." 135-As a Gargli "ASPRO" „la supderful for Sore Tkroaks and Tensilitis,
Building
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Hoor, Hong Ko
DeVoe