Page
THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.
SOLE AGENTS FOR -
“PUDLO ”
Makes Cement Waterproof
66
FEUSOL
59
The Immovable Fire Cement
it
(Pal, Central 238.
THE HONGKONG" DAILY PRESS, TUESDAY, MARCH 3RD,
2, Queen's Building.
QUEEN'S THEATRE.
Tuesday to Thursday, March 3rd to 5th,
at 5.15 p.m. & 9.15 p.m."
Special Engagement
KITTY BARLOW
England's Favourite Musical Comedy Star in Songs and Stories.
Impersonations-Pianologue.
IRENEWEST
America's Expert Dancer
ALSO SHOWING
ANITA STEWART
in her most sumptuous prolaction.
"THE INVISIBLE FEAR"
A First National Attraction."
PRICES OF ADMISSION:
At 5.15 p.m.-$1.20, $1.00 & 50 Cts..... At. 9.15 p.m.-$1.50, $1.00 & 60 Cts.
FOUNDATIONS
PROMPT AND EFFICIENT SERVICE ENSURED BY "ADOPTING
THE "FRANKI" PILING SYSTEM
EXAMPLES—
CONTRACT No. 40 GODOWN (3 Storey, High) for THE CHINA PROVIDENT LOAN & MORT. GAGE CO., LTD., at WEST POINT. TOTAL WEIGHT on Foundations, 12,000 Ton FOUNDATIONS STARTED... .... 15th Oct. 1924 FOUNDATIONS COMPLETED 15th Dec, 1924
(Time-52 Actual Working Days.)
CONTRACT No. 44 GODOWN (+ Storeys High) for THE WING)
ON CO., LTD., at WEST POINT.
TOTAL WEIGHTON EDENDATIONS.11,654 Tore CONTRACT SIGNED
...17th Dec, 1924 FOUNDATIONS STARTED
25th Dec., 1994 FOUNDATIONS COMPLETED ...23rd Feb, 1995
(Tibe-53 Actual Working Daya.)
Ask for illustrated Booklet and fall information from the
HONGKONG ENGINEERING & CONSTRUCTION CO., LTD.
ST. GEORGE'S BUILDING, CHATER ROAD,
Telephone Central 4581 (Two Lines).
This Notice should remind you of Two Things.
You should be present in the Theatre Royal ·
on One of These Dates to See and Hear
THE GONDOLIERS,
and you should visit ANDERSON'S Now.
MARCH 20th, 21st, 23rd, 25th, 26th, 27th and 28th,
PROMONTA
The most effective nerve-food and strengthening medicine.
BOLE AGENTS:
BORNEMANN & CO., HONGKONG Queen's Road, Asiatic Building. CANTON-No. 17, Teu Yuen Ha Kai.
COMPANY MEETING.
NEW ENGINEERING ·ÂND `SHIP. BUILDING WORKS, LTD.
The annual general meeting of the New Engineering and Shipbuilding, Works. Ltd.. Shanghai, was held on the 24th.
Mr. H. E. Arnhold. who presided, said in the course of his speech
The amount standing to the credit of profit and loss account, including Tis. 48,437,01 carried forward from last year, amounts to Tls. 176,294.00, which is re- commended for appropriation as follows:
Tla To pay a dividend of 13 per rent. OR the ordinary
Tä
shares......
..................................137,300,00
pay the preference share dividend of 5 per cent. 190,000.00 To carry forward balance... 98,784.03
Total
............Tls. 376.201.03
You will. I feel sure, be glad to hear that the year under review shows a sub- stantial increase 'in our; derivities, not only as compared with, 1959 but also with the previous year, and the results are) mainly attributable to th turuoser covering repair work, Jargely due to the increasing number of vessels visiting this part and thereby offering a wider "scope to our business.
"
We have also been kept extremely buss with
construction work, having built and delivered during this period no less than 40 craft ranging from small motor boats to sea-going vessels, and I am glad to be able to state that the pres Beat year has opened well in this direc Lion, the Company having recently, con- tracted for the construction of several craft, two of which are of very fair size. ther inquiries to hand indicate that during the course of the year we shall te afforded oppe tunity for further ac tivity on the side of our business.
Referéner to the balance sheet wilf show you that there has again been a call for capital expenditure, all of which have been financed out of current pro- 5ts, without in any way adversely affect- ing our cash balance available for the payment of the dividends which you will presently be asked to sanction...
The Report and Accourts were adopt
MAUDE BRENNAN
Has Just Received A Large Consignment of Very Stylish Spring and Summer Hats, Call Early and make your Choice:
ASIATIO BUILDING.
HONGKONG IMPORTS.
The following notes are from the fort-
of the nightly circalar
Hongkong General Chamber of Commerce, dated February 7th:-
Cotton Piece Goods and Faner Cotton" Goods-The market remains changed and until the political horizon clears little improvement is to be looked for. Cnrest in adjoining provinces is all- versely affecting clearances. Latest cotton quotations to land are those of February 26th. Mid. Am. 13.00d. Eg. Sakallerides SILVER REVIEW FOR 1924. 33.00. The Manchester market is steady.
ed.
Cotton Yarri.-Qur market has shown
The paramount features characterising no improvement during the last fort- the silver market during 1994 were pur night and remains dall and depressed. chases by Continental countries and the Dealers are afraid to operate owing to somewhat reduced world's output. says the unsettled state of affairs in Canton. a report issued by the Chinese-American Nominal quotations are as follows: Bank of Commerce. The Continent of No. 108 at 8220 to 8230, No. 19 ilt 8920 Europe, having been a seller for inaay to 8235. No. 16 at 8936 to 8210, Nos. 208 years past, began to buy silver in the late at $250 to $. Arrivals. 2,630. Ship- Spring The production of silver in 1924.ments, xil. Sales, nit, Unsold stock, according to reliable preliminary esti 11,300 bales. Bargains, 2,000 balen. mates, amounted to "$4,792,216 ounces,, Woollens-Sales of serge on a fair decrease of 8,543,000 ounces as compared scale are reported, but otherwise marketi with the preceding year."
is dull. - Yet we maintain that these two factors were ofset by the considerably reduced supplies which were absorbed by China in 1024, when this country imported only 44,734 hars of silver as compared with Flour, Stock, 650,000 sackя. Market 71,316 bars in 1923 The difference repre-steady. Quotations: American Patent. sents a quantity of roughly 27 million
Ounces.
If the course of the first seven months of the year the provincial mints had a very saall output of dollars, as the low rate prevailing then made minting unprofit able. The last four months of 1924 wit nessed a confiderafile rise in the price of the dollar, but then it became impossible.
Raw Cottons.-There is no change to report
Metals.-Business stagnant, and clear.
ances poor,
$4.50 per sack: American Straight, 24.05 per sack: Azerican Cut off. $4 per sack; Shanghai Bour. 83.63 per sack: Aus tralian No. 1, $4.05 per sack; Canadian Cut off, $3.60 per sack.
Sundries. Markét quiet. Bugar-Market dull.
Salipetre,-Brisk demands forthcoming
to operate the mints owing to the civil from Walchow and Kongmoon Districts
The mints in China during 1924 for 10 per cent, refraction.
war.
bought only 10,300 bars of silver at Shang- bai as compared with 50,200 in 1921. One silver bar iepresents roughly 1,000 ounces in weight.
As pointed out in dur previous monthly reports there is a distinct tendency to make New York the principal silver nar- ket of the world. The foundation of a Silver Association in Amerien during the year under review was helpful in this at- tempt. We have often had the opportu nity to show that China's requirements of silver are filled to, a large extent by America. In 1924 about 32 million ounces of bar silver were landed, at Shanghai from the United States against roughly 11 million ounces from Great Britain. The importance of the former country as a supplier of silver is emphasized much clearer by the fact that during 1994 the United States made direct shipments of bar silver to India, amounting to 80 mil- lion ounces.
In attempting to compare silver prices one has to take into account the fluctua tions in the cross rate. In Jantiary of 1994 the latter wont as low as 4.204, but at the close of the year it had risen to 4.73. However, when comparing prices ruling during certain years, one has to leave these fluctuations aside. The range of prices of bar. silver in London, during the past three years, have been more moderate than during preceding terms, 48 may be seen from the following com parison of London quotations in pence per standard ounce: «
7
1024 1993 1992 1921 1920 1919 1918 'sl.
d. d:
Highest silver price: 36 33 4 432.891 708 401 Lowest silver price: 31 30 Range of silver price: 41 312
307 307 382 473 424
71 127 50 31 7
HONGKONG SHARE MARKET.
CLOSING QUOTATIONS.
J
MARCH 2ND, 1925. Hongkong and Shanghai
Bazka
...81.227 1. * Canton InkNYSZESE --.........$755 'com. Hozgkong Fire Insurances .. $710 nom. Gaisa InkaraZESS_144441ARI
$200 b.. Douglas Steamshipe......
C. & M. Steamboats...$35 sä,
Ferries
Waterboata "Shell" Transporta
Langkata Kowloon Wharres... Dooks..
Dock
ELK. & S. Hotels.
Hongkong
Humphrys Estates Ewo
som.
98/64 nom.
11, 204 b.
****** $141 R
...Tim. 118 b.
$17
Shanghai Cotton..... Orientals
$96.3.
1J
20 a., $191b. T. 12.10 b.
Th. 60% nom.
Tu, 3.60 b.
$131.
..$26 b.
Cement (combined) $28 b., $281 s. China Lights... (combined) $28 nom.
J(old) Providenta Dairy Farme Electrics Hongkong Ropes (combinad) 154) noma Tramways ..
Watsons Peak Tra
357 nom!
((xow) $x, Told) $23.nom. b-buytra; s-sellers; an—sales.
DIVIDEND ANNOUNCEMENT. HONGKONG AND WHAMPOA DOCK CO., LTD.
Bubject to Gual audit the Directors of the Hongkong and Whampoa Dock Co., Ltd., will recommend at the forthcoming annual general meeting of 'shareholders
The internal circulation of England to be held on Monday, the 30th inst., in, for all practical purposes, carried that the amount at credit of proft and through by the machinery of the cheque dealt with as follows:--
lote account at 1st December, 1924; be currency-Sir D. Drummond Frater.
You often hear America described a the Land of the Dollar. and I should be the last one to deny ibat you do occa sionally hear of the dollar, there; but America is also the load of great idealis tic movemedir. H. A. L. Fisher,
Pay a final dividend of $2 per share on account of the year 1994 absorbing $120,000 Make provision for a doubtful
debt contracted In 1923.200,000 Carry forward to next year
About
1935
Just Protoplasms
"Jenkyn," he said, "You and I are just two protoplasms whirling through space on a lump of dust. We both have our worries and our joys, and it's up to us to do a good turn when
we can.
Then he puffed some fragrant Kensitas smokę, and said: "You did your good turn by introducing Kensitas
Yes, Jenkyn, you're right, Kensitas are "as good as really good cigarettes can be.”
Kensitas
the preferred cigarette
1. WIX & SONS - LTD»» IN-44 PICCADILLY · LONDON »W.1- ENG | Whalenile smip: DONNELLY & WHYTE Dirzelbators for Mourkong and
South Chine, 2 QUEEN'S BUILDINGS Telephone: Central £38.
A Glamourous Romance
of the last of the Dandies !
Jenkyn
Obtainable as Lane, Crawford, Ltd. Tabaqueria Flipice. Grasca-Berotian
Tobacco "tor
and all high-class. Fobacconists
At 95 cents
per un of 50-
HONGKONG AMUSEMENTS, LTD.
are proud to present
the dreať dramatic actor
JOHN BARRYMORE
in
A wondeful recreation of the England of a bundred years ago,
"BEAU BRUMMEL
Mary Astor
with
an all star supporting cast
including
Alec B Francis
Irene Rich Willard, Louis
and Carmel Myers
A Classic of the Screen
TO-DAY Hill SATURDAY,
at 230 p.m., 5.15 pm, 7.15 p.m. and 9.15 p.m.
TRENTODOMET
You could
• Cinthis/
cutested witha TRUSCON
TRUSCON WATERPROOFING FASTE-For rendering con- crete impervious to water.
TRUSCON STONETEX - For dampproofing Preserving, Decorating Exterior Masonry Walls.`
TRUSCON METALLIC FLOUR" HARDENER
Hardens and
increases the density of Cement Floors, providing greatest existance to wear.
み
TRUSCON AGATEX is a Chemical Floor Hardener that will Transform a Dusting or Granulating Floor to a Hard Smooth Wearing surfacing.
SHEWAN, TOMES & CO., Representatives,
St. Georges Building, HONGKONG.
PIANOS FOR SALE OR
TzL. 4648
HIRE.
TSANG FOOK PIANO CO.,
No. 8. Dra Vaux Boad Central (Erfrance Ice House Street).
We specialize in pipes of leading patterns, novel assorted shapes and best finish. A regular stock is held of the following?"
"DUNHILL" "BARLING"
ETO
“LOEWE "WEINGOTT
"B.B.B."
'ORLIK'
ETC.
TABAQUERIA FILIPINA.
38, Queen's Road Central