Charming Gifts
of Practical Value
For Ladies
Brush Sets in attractive Gift Cases Including Brush, Comb and Mirror. Some with handles Others Pastel of plastic. Nylon Bristles. Enamel Backs with Floral Designs.
For Men
Shaving Sets in Leather Cases.
A. S. WATSON & CO., LTD.
HONG KONG DISPENSARY
Alexandra Bldg.
Telephone 31261.
TKACHENKO'S
THE CHINA : MAIL, - FRIDAY, : DECEMBER 19, 1947,2 1121
CHINA LIGHT REPORT Substantial Profit Last Year
Reductions In Charges
A reduction in light and power charges in Kow- loon was announced by the chairman at the annual general meeting of shareholders of the China Light and Power Co., Ltd., on Wednes- day. Owing to extreme pressure on space, the chairman's speech had to be held out until to- day. Mr. A. Raymond said in part: "Since, our last meeting on April [th this year, I am happy to Able to inform you that steady pro- been made towards rr. gefes, has habilitating the company's undertak ing, resulting in improved service to
consumers."
odr
he
of
Our 12,500 K.W. High Pressure Turbine came into operation towards the end of July and is contributing materially to the company's carning
A further 20,000 K.W. High Power. Pressure Turbine is in course erection, and is expected to be ready fur juad the middle of Aprit next
by
will remember year. Shareholders this machite replaces the set ordered
diverted to Russia.
CON
and
to is cems per unit, Reductions will also be allowed on bulk fale tracts, and rates for fighting power now ruling in the New Ter-
hories.
Hire Purchase
Controls
Washington, Dec. 17. The United States Senato today passed by a voice vote and sent to the House of Representatives legfala- tion to restore the controls on hire-purchase buying until March 15.
GK-
The re-establishment of these controls, which pired on October 31, was one of the steps. President Truman arged in his 10- point anti-inflation Dro-
Framme.-Reuter.
is therefore the first time in seven years that the company has been able to give a return to He shareholders. Your Directors have taken this point into careful consideration when re commending the present dividend.
Commitments
"Now as
regards commitments, you will notice from the foot-note to of the Balance Sheet that a sum
. 8. WATSON. & COMPANY LIMITED,
NOTICE TO SHAREHOLDERS.
NOTICE is hereby given that, ari Extraordinary General' Mdet!" Ing. of the Company, will be held at the Hong Kong Hotel, Pedtler Street Victoria in the Colony of Hongkonir at 18 o'clock risen on Wednesday the Bigts day at December 1947. for the purpose of considering and if thought fit pasting the following Rosolution Be an Ordinary Resolution. *,,
"That the authorised capitat of the Company be increased from its present capital of
divided $1,500,000:00
into 150,000 shares of 10:00 each (of which the whole have boon legued) to $6,000,000:00 by the creation of 450.000 additional shares of the nominal value of $10:00 each ond that uch additional shares as aforesaid shall Be issued at such time or umej and upon auch. terms, and conditions an the Company's Hoard of Directors ~ in the absolute discretion shall th At."
NOTICE is also given that if the above Resolution is duly passed it lasthe intention of the
in 1940, which, due to the war, wa Factories, 20 Rice Mill. 21 Rubber 11 Boller Spares 6,700, Distribution / Directors not to transfer any
acems
over
The mortess in the rehabilitation of the industries in Kowloon and the New Territories is very gratifying. During the 12 months under review 113 factories were connected to the which Company's mains, amonget ares-18 Electric Bull Factories, sh Buton Factories, 12 Dyeing Factories, Factories, 50
ร 12 Electro-plating Engineering Factories, 18 Flour Mill, Foun 14 Glass Factories, 18 Iron
193,000, is due for payment in the near future. This sum is made up as dries, 110 Knitting Factories, 13 Metal Ware, Factories, 16 Printing follows:-No. 13 Boller £112,000 No. are awaiting the arrival of Factories. 7 Shipyards, 45 Timber Plane 29,100, Cables 24,350, Station Shares of the Company for a Ma period of two weeks from the the remaining portions of the 200,000 yards, 40 Weaving Factories, and 10 Plant 1,400, Sundry Stores &
15th., day of January 1948 to b. International Combustion boiler Woodwark Factories. Finally four terials 11,250. Total 193,000. unit ordered before the war. Inriden- new cotton spinning factories are in
"In addition, on a survey of the the 28th day of January 1948 erection."
dates both Company's requirements ally, this new unit is being equipped source of
clusive. The! for all firing.
"Though the load is will below period covering the next five years, Directors will offer to the persons "Thanks to
to the valuable assistance pre-war level, the advent of new in-
there Arc knawa
commitments appearing on the 14th January of the S. T. & .. the flow of coal to dustries indicates a prospective deanmunting to 350,000. This includes 1948 in the Register containing the company's bins has allowed us mand which should be provided for." the cost of the new turbine, Distribu- particulars of shareholders and to keep a sufficient stock to meer
The Future
tion Department replacements, * of persons who. in the opinion of Dir anticipated needs. The quality
"Looking to the future, it
new "Stores" to replace the pre-war the Company would be on that of the coal, however, is very poor clear to your Board that the Company building which was demolished dur date entitled to be entered in the As compared with 1941 shipment), and the price will remains extremely must, as has been its practice hithering the war, etc,
to, plan ahead. With the in view. "You will notice that the balance Register of members (when-rel де Shareholders corlatructed). your information, in 1941 they are negotiating with suppliers of loss carried forward on Septem qur average cost of coal was proximately $12 per ton. The average con K.W. turbine act. The delivery taking into consideration the credit shares of the
a for the purchase of yet another 20, ber 30th 1946, was $756,947. After one hundred and fifty thousand Company of Agure for 1947 approximately 597 per ton, or saipe 203 per cent in exate Indicated in the second half of balance of the profit and less account the nominal value of: $10:00 1952, by which sime it is estimated amaunting to $4,122,978. and making each created in accordance with the set will he needed.!
due allowance for the appropriation the above Resolution all at, ☎ "I am sure you expect me to any of $923.604 in respect of the interim promiltim of $10. per share and "With a view to reducing costs, ex. something about the Call of $2 on dichtend of cents per share on July on the footing that the full petitments in oll-firing were carried the partly-paid shares, the due date 3rd 1947, there is a balance available nominal value of each share Liqueurn out on certain of our boiler plant of payment for which was January for distribution amounting to $2,442, taken up plus the premium
experiments which succeeded beyond 5th 1942. Owing to the war and the 427.
(making together: $20. "I now take pleasure in proposing share), shall be paid in full on our expectation. The company, w subsequent prevailing Moraariumi, festunate in securing some seil the matter raust still remain In the
of the sanctioning
Taterim equipment focally and all praise. Reservations for X-mas night and New Year due to our technical staff in the ger consideration, have, decided to
suspense Your Directors, after due Dividend, of 35 cent sper share and acceptance of the offer and tri acalso that the balance available be any-care not later than the 30th April 1948 and so that each such erating station for their resourceful cept. this Call of $2 per share upon dealt with in the fovarind of si per person as aforesaid pe hls ness and untiring effort in adopting the lifting
Moratoriumi. To pay a final dividind.of pett of the to our use."
Adequate Aptite will of course, share on fully-paid bares, and approved nomine shall be ent Turning to the distribution of cur- given to those consenteils ex-shares, less tax deductible under the one new share for every one proportionate amount on partly paid titled to apply for and take up rent considerable tillitationected, planation is the fevervelde insurance thland Revenue Ordinance of 1947, untied share which according This was a conly tem and had fo We have in mind the
creation of 1 amovating tu be done owing to wholesale damage fund" whereby the company can 375,000,-. To carry, by looters during the Occupation. At
its own fre carey.
in; year's. At eventually
RESTAURANT & CONFECTIONARY
3, Hankow Road, Gr. & 1st flour, Kowloon,
The ONLY real Russian Restaurant in the Colons best & choicest Russian .dishes,
Well assorted and selected
served with or without meals.
Vodka. Wines and
All kind of Parties catered for.
Dinners accepted Phone 50559
CLASSICAL MUSIC Every Night (1st Floor)
DAILY TIFFIN
from 12.00 a.m.
DINNER
up to 8,00 p.m. A la Carle served at all hours.
with the
OUR CONFECTIONERY takes orders for X-mas Cakes. We have a choice selections of Tarts, Cakes, Cookies, Chocolates and Sweets for all tastes.
A Handsome
Desk Set!
No More
Spilled Ink!
SHEAFFER'S
SAFEGUARD RESERVOIC
Tip i, for it, even overturn it... without spilling the writing fluid. Yes, you can now buy an inexpensive, high quality desk set that's safe and highly officient, Sheaffer's Safeguard Reservoir Desk Sat is the most practical set of is type for all-around writing service... in home, school, study or office. Fountain Pen action of the pen keeps its 'point moist and always'rendy for writing... writes several full pages without ro-dipping. Interior design of the bare minimizes messy and annoying fluid evaporaź tion. Black plastic boss, with gold plate, is durable and attractive. Stop in today and see and compare this quality, low-priced desk set.
...
OBTAINABLE AT AIL LEADING: STORES:
UNIVERSAL SALES (China) INC.
Telephone, 34104..
French Banic, Building.
AGENTS FOR:- SEYMOUR & CO., INC.
APD5.
high.
For
cess of pre-war.
it to
real,
Experiments.
overhauled."
4
Account
per
auch register as aforeslit-la Héld by oneh-such-person-on-the 14th approximately.January 1948.The shares, so
the same time neveral thousands of surance, and the allocation of $206, $67,000 Total $2,442,000, meter boards have been replaced and 244 to this reserve, together, with the Mr. AR Brown and was carried. as from the 1st day of May 1949
the This proposal
was seconded by offered shall rank for diyldend the service connections completely extring typhoon reserve, makes
oral of three lakhy' of dollars. This
The
president proposed that the The Diretor will dispose of During the
If the first year under
the policy of mak Report and Statement of Accounts any share offered as, aforensic tep Beacon Hill Sub-station and the 22 ing available, a fund which could be for the twelve months ended Sep in the event of non acceptance by
Thir
10th 1947, be adopted, we payment therefor by. auch per Louise Tower Line to Tower act off against contingencies.
πnded by Mr. Peter H. Sin and song as aforesaid
26. were completely dismantled all sum has since been invested on ac-
or their the equipment
returned 30. Storet count of this fund. This was necessitated by the fact that Whilst on this subject, I want to
Mr. L. Kadeorle and Mr. H.D. approved nominees on or before losters we're removing the transmit inform shareholders that we have, Benham were re-elected as director the 80th day of April 1948 at sion line faster than'öür' Engineering | since Staff could replace it, even though cover the reocupation, discontinued for the ensuing year. Mesurs. Peat such time or times and upon such insurance against. earth- Marwick, Mitchell & Company and terms and conditions as they
fire risks. Messrs. Lowe, Bingham & Matthews, may decide. sarthquake the line was fully.energized 'at 22,000 quake turning, to the proft and I were re-elected
auditors.
most
dangeroil
and
volts. This was a operation on ike turs and is surprising that it did like to press that the last pre-war er-
line
-
A. Raymond, L.
It la most important that any
Those present at..the.
the meeting persons who have purchased of the depreda- | Ioss--appropriaųoa... account, I should: Mrs. hoy cause more fatalliÏçı. Aldinary general meeting was advertia- | Kadoorie, MK, Lo, H.D. Benha shares in the Company but whosk plies to the New Territories are nowed to be held on December 21it 1941. 11. Kadoorie. (Directors), F.C. Clems names do not appear in such route via our Laichikek Sub-staito The priced accounts had been eit- (Manager), P./W.A. Wood (Secre-register as aforesaid in respect
tal rulated which showed an undistri Manager?;,
and C.F. Wood (Deputy take advantage of the offer. thereof should, they wish th un the tubular steel póle
erected by our own staff of this sum was earmarked
ed pro
profit of $1,114,453.10. The hulk 1941.
Shareholders present were Meur: present their trapsters for re- "Considerable progress has bệch | payment of ›
ydient of Hividends, but owing toy Lau King: C. Wang, Yeung Tierequisite share calce Jandar
ving H. Kaufholz, A.R. Brown, Lau Hok gistration accompanied by the made rehabilitating Wreet lighting in the outbreak of hostilities, the loy aid it is estimated that 90 per cent meeting had to be cancelled and of kip, PH. Sin, E. Grant Smith, B. before the 14th day of January
has been to course this whole sum and addition. Abraha Lo Kin-fal, Mok, Ying-tic, The offer will be › made -
E.S. Pre-war-lighting
Abraham, P.A. 1948.72998 earnings of toźne two. lakhà of dof- Waller, Lo The Meter Section the Staff | lats from October 1st to December P. Loureire, P.M.N. Ja Silva, E.R.
of the
for
have been kept extremely busy en 8th 1941 were absorbed by the huge Zimmern, M.B. Guterres and A. Notice sent by Post to each such Ideavouring to minimise thefts of cus: lowes consequent upon the war. This des Alvares.
rent,tampering with meters, troubles of this nature. Due to these efforts, losses have been substantially Felio-Text-Meter-Staff-have-algo
had a vers
a very busy year, an they have, bern --rehabilitating many thousand of old meters which ordinarily would have been scrapped,, but which, 4t present, are valuable due to the very | home delivery offered, þy manufactur-
ers of this type of equipment."
factors contributing to the profi
your-ate. (1). The greasy creased industrial and lighting ide mand, (b).
The ph
on the bind
[of current
rampant since "the liberation. A year ako we were losing bout, 11 per cent of revenus through this pource (B). The enving
fin hak resulted
A BRITISH CROSS WORD PUZZLE
8
2
12
from cheersloh.of pall of our høller plant to operate on oil fuel, ar (d) This seduced cost of resulting from
of generation the opération, of offr $2,500 K.W. Higs Preisure” Türbini. "On the question of this.company consumer
charger, your Directore have been ever mludful of their:ab ligations towards the public, and jo 25 this connection 2 would like to drawi your attention to the progressive policy which has been followed."
Reductions
"O 12th Apell I had pleasure in adnouncing a frat reduction in. 14100 which came into force as from May 1st 1947. Between this date and Stp femper, that is in space of four months—we have been able to effect three, reductions resulting in a net difference ne follows:
"From 7121 cents to 44 cents per units lighting.
Bf
[28]
10
23
26
Clúei Across. 1 Overwhelma. 18. Eats away. 5 Perfect. 20 Fope.
22 Stringed 1. Make.
instrument. Réparation.
Club golf. 21 Feel.
25 Rive.
"From 27.72 cents to 19, cents per 10 Dwub. unit of power
ΚΑΙ
Alsof an appropriate reduction in Espel. bulk rate contracts and in the New 1 Levels.
11 Stage bow..
26 Road.
27 Weight.
21 Common
place. 4
29 Callings
Yesterday's.
s. Crossw
sword
16 Shaw regret leasure to be
fs now my arkat pleasure,
be able to announce the follow
fuither·redsfetion which; will,:coins
5 16
*
HI
Clues Down
Commanded to appear:
Helped. Couple.
Gulded.
Contracts
for a
7 Diminish. 14 Wrenched. 15. Put-down,
16 Favour,
17 Countryman.
19 Oppone
21: Superiar.
premium. --| 24 Always. ̧
Heraph as aforesaid, specifying
the number of shares to which
cach auch personile entitled, and such offer if not, accepted eithe
Peninsular
Page
& Oriental
STEAM NAVIGATION COMPANY
MHIP
“RUBY, STONE"
"ORMARA". #TREVOSE" "STRATHNAVER” "ORMARA" “TARVETHOR" "EMPIRE BRENT"
"TREVAYLOR” "CANTON"
·SHIP
"BOCOTEA”
"RUBY STONE” *“TREVOBE" -
"STRATHINAVER" "LANCASHIRE" "ORMARA" "ORMARA"
TREVETHOR" "EMPIRE BRENT"
"TREVAYLOR” "CANTON"
British
· ‘ARRIVALS
FROM
DUR
18th Dec.
19th Dec,
22nd Dec.
27th Doc.
9th Jan.
18th Jan.
25th Jan.
13th Feb.
10th Feb.
JEDAN Singapore Shanghai Kare Shanghat ¡U.K, vis 8tmits ‚U.K‚· via: Straits .UK. via Straits
UK. via Straits.
SAILINGS
TO
Genoa, Marseilles, Havre, London, Antwerp, Rotterdam (Amsterdam) via Straits & Colombo Bombay via. Atraits „Genoa. London
Antwerp Rotterdam (Amsterdam) via Straits & Colombo U.K. Shanghai Shanghal
& Colombo
BAILING
19th Dec,
20th Dec.
24th Dec.
24th Doo.
21th Dec.
20th Dec.
Bombay via Straits
11th : Jan.
18th Jan.
26th Jan.
18th Feb.
U.K, vin' Stralis
Bird Feb.
Shanghai
Shanghai
Shanghai
India
STEAM NAVIGATION CO., LTD.
SHIP
"SANGOLA” "BANGOLA"
SHIP
"BANGOLA” “SANGOLA”
Eastern &
APCAR LINE
ARRIVALS
FROM
.....Calcatia vla Straits „Shanghai: & Amoy
SAILINGS
TO
Amoy & Shanghai
&, Rangoon Calentia via: Straits
MARSTRALERS
DUE
31st Des
13th Jan.
SAILING
2nd Jan,
13th Jan.
Australian
STEAMSHIP COMPANY LIMITED
SHIP'S
NELLORE NANKIN"
ARRIVALS
from
Australia
For full particulars apply tu
Due
Mid January
Early March
MACKINNON, MACKENZIE & CO.
Telephone Nos. 27721-4.
•NATERMAN
on behalf of such i patson or file STEAMSHIP
nomined on or before the 80th
day of April 1948, will ish doém
ed to be declinet
JOHN D. HUMPHREYS
SON LIMITED
General Mankgath.
EUROREAN'
·YMU. AGX - “SANTA OLAUS CARNIVAL” For ALL the Family.
“All He Fun of the Fair. SATURDAY," Delimber 20th)
Stalis
in YM.CIA; Kowloon,: - Carnival Openadi 2,80 · by Mrs. F. C. Clemo.
Contesta.
Bideshows
Gipsy Tent
Floor Bhows
Refreshments.
No Admission Charge.
LA SALLE OLD BOYS' “...ASSOCIATION”“ REUNTON, DINNER.
Subject to favourable (response, the above... will be held on the
CORPORATION
MOBILE, ALAUSA.
Expected arrivals from U.S. Atlantic Ports:
28. “JEAN LAFTTTE" ...........................................
13 "FAIRPORT””
1.5. *!!KYSKA"
·In. Port Due 6th JaNUSTY Due End January
For freight and further particulars apply:-- WALLEM & COMPANY Agents.
Hongkong Shanghai Bank Bldg.
Chinese Freight Agentaj "HIN FAT & CO. LTD. Tel:; 28558, 288287&. 23483.
‚TCL -34157-9.
IVARAN LINES FAR EAST SERVICE
23rd. December 1947 at 7.20. p.m. Expected arrivals from U.S. ATLANTIC PORTS:
at the Care Wiseman. EyNo seca. sion will also be in honour of the Rev, - Brother Caselan, who wi be leaving the Colony for a long,
deserved; hoildays Please telephone"":92848 or write, to the undermentioned c/o
1) Error, 26 Wahi, 29 Annexed, 10 George Building" c* House" Bl Ripė, 31 Pado, 12. Story, 33 Tidy..*
for particulars to do Hongkong, Dawa-1 Grimg2
4 Meinder
4 with the oocaalony respon Unite, Trod, Ful, Snips 11M. CASTRO
into force, a from 1st January from sparken FRESH Era 13 Omit, 14, Late, -15 Demon, -1948 pa je u plastig —Ačrets) F„Funty 74Cred) 8: Ruin,:42. Bław, Lat, Lien, 202 Director: 32
"Lighting from: 44 cents 167:40 9. Bild, 10 Eminent, 12 Dol, 15 Dried, Erne, 20
cents per unit, Power-frost :19.čenie...HELT F÷Edler, 120 Laic):22. Kait, 234, as Weled, "27, Afar A
M.V, NEVARANY:
expected arrive 24th December Loading for 1:5. ATLANTIC PORTS via PANAMA:........
about 28th December IRLY.""IVARAN”
For freight & farther particulars suply
WALLEM & COMPANY
751:34177-8-9,
"Old Boys": Associations
Chidom Freight: Agentát SHEN SPPAT, MI COMUN