Page
THE UNITED ASBESTOS ORIENTAL AGENCY, LTD..
Central 238.
2, Quoon's Bulidings.
SOLE AGENTS FOR
THE HONGKONG DAILY PRESS, WEDNESDAY, MAY 7TH, 1924
BELL'S UNITED ASBESTOS CO. LTD..
MANUFACTURERS OF
-Victor Metallic." "Dagger,"
"Reefor" Packings
Ball's Asbestos Compositions..
Quadruple" and
-Salamander" Engine & Cylinder Oils.
“Salamanderite Jointing"
UNUSUAL OPPORTUNITY for A SHORT TIME ONLY
A Select Assortment of
DRAWN WORK
AND #
LACES
At 20 BELOW ACTUAL COST
AT
'DO BE CHAIRFUL
31
COMPANY
51. Queen's Road Central
JEAN VALJEAN
BEST
MANILA CIGARS
EX LA PERLA DEL ORIENTE.
MANUFACTURED BY EL OBIENTE
MANILA
Reina Victoria
Perfectos
100's $10.75
++1
25's 3.90 25's 4.50 25's 7.95
Half-A-Corona
Bankers
TABAQUERIA FILIPINA,
38, Queens Road Central.
PIANOS FOR SALE OR HIRE.
TSANG FOOK PIANO CO.
TEL. 197,
941, Wanchu BOLD,
CAMMELL LAIRD & Co., LTD. Controlling THE LEEDS FORGE CO., XEWLAY WHEEL CO., ER. Birkenhead, Sheffield, Nottingham. Birmingham,
Leeds. Penistone and London.
RAILWAY & TRAM WHEELS & AXLES TYRES, STEEL CASTINGS & FORGINGS.
13. PEKING ROAD. SHANGHAI
PERFUMERY
Manufactured by
RIGAUD, PARIS.
" AIRB
EMBALSAMADO"
***MAXY GARDEN"
** HORA GARIKOSAL"
*** DULCE - MIA”*
"LILAS RIGAUD”
Obtainable Eroar
VICENTE ATIENZA,
18, NATHAN ED. KOWLOON
TIL. K. 155.
Flas
The CITROEN.
The Last Word in Car-Economy
RUNNING COSTS LOWER
Less Tyres
Lesa Oil
Wiumer 3 years running 1990-21-22. Grand Prix for Law Consumption
Cars for Sale':
LEPACK CO., LTD.
50-59, Queon's Rd. C.
COMPANY REPORTS.
CANTON INSURANCE OFFICE *LIMITED.
The report for presentation to the shareholders at the forty-thiul ordinary meeting states;--
|
THE SAIGON RICE MARKET.
Messrs W. G., Hale & Co., Ltd", of Saigon in their latest circular dated April 16th, say-During the last fortnight, our prices have continuously advanced, market in Hongkong being particularly although" very poor business passed, the weak. But the arrivals of paddy were The General Agents (Measts Jardine, insufficient to meet requirements. This Matheson & Co, Ltd.) and Consulting determined a big rise in the prices, in- Committee have pleasure, in submitting asmuch as it is rumoured, that the Snal statement of the affairs of the office made out-turn will not be so good as expected. up to 31st December, 1923, in sterling and In the last few days, prices bave Hongkong currency.
slightly receded, no busienss being effect.
10 Account-After paying an interimed, and market closes weak.. dividend of $15 per share on 10th May, 1623, the amount standing to the credit of this account is $1,188,319.43.
This, it is resolved to deal with in the following manner :-----
To pay a final dividend of
$99 per share ......
$920,000.00
To add to sterling reserve "...
Paddy-The rumour that the crop! would not be as good as expected is net yet officially confirmed, but from the last reports received, it appears that in some districts most of the paddy ears though. very beautiful in appearance contain many empty grains.
fund £23,000 ............
...... 915,248.8-1 The Compagnie de Commerce et de To add to reinsurance, faad 250,000.00 | Navigation P'Extreme Orient" of Saigon, To add to underwriting sus pense account to close the year 199
write:-
The position of our market has sud- 300,072.83
denly firmed up in consequence of a strong demand from Japan. It is known $1,199,319.43 that this courtry is a buyer of a certaig
-1983 Account-The amount standing quantity of rice of which it is ia great al credit of this account is 82,126,94363red for the mouths of May and June, Out of this the General Agents and Con-tremely cautious or future deliveries and In this expectation, sellers remain ex- sulting Committee have declared an interin dividend of 819 per share absorb will not sell on specalation which might ing $150,000. The balance of $1,040.923.63 tout against them. Paddy is he will be carried forward, ·
comming more and more scarce ned, Consulting Committee.-The Hon. Sirotwithstanding the high prices now Paul Chater, CM.G, Sir Robert He ruling, bolders are not eager to sell. Tang. Mesars. A. H. Compton, A. S that 435,000 tons of rice has already been Gublay, Henry Humphreys, T. E. Pearce exported since the beginning of the year, and II. P. White retire but, being which represents a good part of the orop. "eligible, offer themselves for re-election."
Attention must also be drawn on the fact
Auditors. The accounts have been in our opinion, present prices should rua audited by the Hon Mr. A. R. Lowe, still higher, or at least remin at their F.C.A., and Mr. J. Hennessey Smith, present figure
F.S.A.A., the latter in place of Mr. H. The total amount of rice exported Perey Smith, F.C.A., on leave.
from January 1st to April 4th, 1924, is: Mr. H. Percy Smith, F.C.A., and tha|100,813 tons, against 422,873 'in, 1923: Hon. Mr. A. R. Lowe, F.C.A., being eligible, offer themselves for re-election.
UNION-INSURANCE SOCIETY OF
CANTON.
The report for representation to the shareholders states:
The Board has now to lay before the shareholders a balance sheet containing a summary of the property and liabilities of the Society on December 31st, 1923, and a statement of working accounts. -
192 Account. After payment of the interim dividend of 2t/- per share and the bonus of 20 per cent. to contributors passed at the last annual meeting, there remains a balance of £372,998. 16s. Sd. as per annexed statement.
The Board recommends that this "sum be appropriated as follows:-
A fins dividend to share "
holders ct. 16/-
per
share of 111,000 shares. 84,500.
To be carried forward to,
underwriting sUS DI
INSULIN AT 2H. A DOSE.
DIABETES TREATMENT FOR ALL.
The new process devised by De.. Dodds and Dr. Dass for the production of insulin, used in the treatment of diabetes, cost, writes a on a large scale at a low co to ijd, a don, or about 2x. 101. a week. medical correspondent, reduces the
Frica
Insulin when årst introduced cost about
35. & wek and gradually became cheap. until lately it stood at about 9. 1d. a
week.
Modical School, in an announcement on The dean of the Middlesex Hospital
chemical Department of the Bland-Sution the preparation of insulin in the Bio
Institute of Pathology, states that costa of preparation have been so reduced that they have been able to recommend an in- 0.0.) mediate reduction to something under
for 100 elifical units (ten doses) for hos. pital patients.
account to close the nu- emunt for the year-102 34,168, 16.8. | 3.
1 Account-The Lalance of working acean on December 31, 1923. was £61019.4.9% as per annexed statement.
The Board recommends that an in- terin dividend of 24/- per share be paid to abareholders, absorbing £133,200, that a bonus of 20 per cent. be paid to con- tributors, absorbing about £50,000, and that the remainder be carried forward. Directors. Since the ..läst gezieral meeting. Mr. A. O. Lang, Mr. G. Dodwell, Bir. E. V. D. Parr and Mr. G. T. Edkins resigned from the Board on leaving the Colour and Mr. J. P. Warren, Mr. C. G. S. Mackie and Mr. P. M. Young have joined the Board.
In accordance with the Articles of As- sociation, Mr. D. Q. Russell and Mr. J. A. Plummer retire, but offer them- selves for re-election.
Auditors. Mesars. Lowe, Bingham Matthews, and Mr. C. Bernard Brown, Chartered Accountants, retire, but offer themselves for re-election.
THE CHINA FIRE INSURANCE
CO., LTD.
The report of this Company states:--- The Directors have now the pleasure to submit their annual report and state- ment of the Company's account made up to December 31st last.
1029 Account.-This account shows & nct profit on working of $904,270.09, which sum it is proposed to apportion as follows -
Dividend of $7 and bonus of $3 per share ca 20,000 shares
To carry forward to under- writing suspense - AC-
count
1023 Acconat.-The balance
at credit of this ne count is
...
$800,000.00
704,378,02
$904,375,02
..$1,366.789.01
Directors. Since the läst general meet- ing, Mr. A. O. Jang, Mr. G. M. Dod well, and Mr. E V. D. Parr resigned from the Board on leaving the Colony, and Mr. J. P. Warren and Mr. C. G: 8. Mackie have joined the Board.
In accordance with the Articles of As- sociation, Mr. D. O. Hansel and Mr. J A. Plummer retire but offer themselves for re-election.
Auditors.-The annexed accounts have been audited by Messra. Lowe, Bingham & Matthews and Mr. C. Bernard Brown, who offer themselves for re-election.
The Home Ministry of Health announce that a Royal charter has been granted for the incorporation of the governing body of the London School of Hygiene and Tro- pical Medicine, which is to be established na a result of the donation of $2,000,000 given by the Eockefeller Foundation for the purpose,
QUEEN'S THEATRE
PLEASURE HOUSE DE LUXE
QUEEN'S ROAD CENTRAL
Commencing MAY 6th to 8th,
AT 230, 5.15, 7.15 & 9.15 P.M.
AL-LICHTMAN
PRESENTS
MIRIAM COOPER AND
GASTON GLASS
IN
"DAUGHTERS OF THE RICH"
Telephone K711
in 6 parts.
USUAL PRICES.
BOOKING AT THE THEATRE.
BICYCLES
`LADIES', GENTtlemen's or Tandem FOR HIRE OR SALE
NEW RACER JUST ARRIVED.
Telephone K711.
Excellent Opportunities for Competants in Bicycle Races.
HANG LEE CYCLE CO.,
29, HAFENO ROAD, KOWLOON, Next to PARADO HOTEL...
The Day of the Knight is Here !
IT IS THE
WILLYS KNIGHT
Simplest and most trouble-free type of motor ever invented.
It has the most disinctive and gracefully balanced body of any car
in the market.
1.-The Willys-Knight car is the four cylinder motored car that makes the six
unnecessary.
The Knight motor is steam principle. The valves are two cylindrical sleeves with rectangular slots or porta which when they register with each other and the porta in the block allow the ingress and egreas of the goes without obstruction. These wide open pasinges, particularly on the exhaust side, permit a more thorough cleaning of the burnt gases from the combustion chamber than any other type of motor, so that every ounce of energy avaliable is atilized from the explosive mixture, which gives as such tremendona power
"
2-It has no valve to grind and no carbon to clean.
The combustion chamber incompletely surrounded by water and an alloy pistos noted for its great her. radiating qualities in wed so neither, the combustion chamber nor the head of the piston geta hot enough to hike the residue from the expored gases to form carbon while there is still enough heat maintained to handie the explosive mixture effectively.
1:
3-It is the only type of motor that improves with use
̈- While carbon can not form in the commation chamber, still a certain amount of the residue from the barah gases works up behind the wide sealing ring in the cylinder head and, so this building in process obtains, it keeps pushing this waling ring, more tightly against the inner sleeve until it completely seals the compression chanter developing more power with every mile the motor is drawn.
-It is the only type of motor that wears in while other wears out.
All parts in the Willys Knight car are assembled with wide cicárance between each other and oil in forced into these clearances under heavy presatire so that the entire assembly is lapping or wearing in on these heavy films of oil instead of weating out. In other words, every bearing in this motor is an oil bearing instead of a metal to metal bearing which is necessary in the constraction of a poppet valve motor in order to keep it quiet with subsequent quick, wear and nois.
It has eliminated one hundred and sixty two quick wearing parts necessary in the operation of a cylindered poppel valve motor. There are no hammering parts such as cams striking against push rods, push rods against valve stems, ze valve heads stapping back into their seats through the medium of heavy springs, etc
THE
MERCURY MOTOR CAR CO,
Sole Distributors,
59-61, Des Voeux Road Central.
Telephone No. 977.
Head Office: 1st floor, Telephone 130,