Page
"DECOLITE"
FIRE-RESISTING FLOORING
#
(Awarded Gold Mois) Franco-British Exhibition)
JOINTLESS, HYGIENIO & NON-SLIPPING
Laid by Our Own Workmen on
N
STEEL, WOOD OR CONCRETE.
THE HONGKONG DAILY PRESS, THURSDAY, MARCH
THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.
Tel. Central 296.
2, Queen's Buildings.
COMPANY REPORT.
WATSON'S DIVIDEND.
Messrs. A. . Watson & Co.. Ltd., in- form us that
Subject to audit, the Prefts
Yor the year ended October
31st, 1994, amount to ..... $26,304.0 which together with the
amount brought "forward from 1991
Total
which the Directors will re- commend be allocated as follows:-
To pay a Dividend
of 10 per
ccat.
which will absorb $90,000.00
To pay a Boons of
-10 per cent. which
will absorb
Place to Reserve
Fand
*88,738.97
$1024,723.36
QUEEN'S THEATRE.
TO-DAY, at 5.15 p.m.
& 9.15 p.m. FAREWELL. PERFORMANCES
KITTY BARLOW England's Favourite Musical Comedy Star in
Songs and Stories.
IRENE WEST
America Expert Dancer
'ALSO SHOWING
ANITA STEWART
in her most sumptuous production, "THE INVISIBLE FEAR
A First National Attraction.
TO-MORROW, at 5.15 p.m., 2.15 pm.
BY SPECIAL REQUEST
"
"THE INVISIBLE FEAR."
THEATRE
ROYAL.
HONGKONG A.D. C.
CHARITY PERFORMANCE
FRENCH LEAVE'
IN AID OF
THE LADIES' BENEVOLENT FUND
WEDNESDAY, 11th MARCH, 9.30 p.m.
Tickets can be exchanged for vouchers for seats in the Circle or Stalls and can be obtained at ANDERSON's on Friday, Baturday and Monday, the 6th, 7th and 9th inst. General Booking Opens Tuesday, 10th inst.
Usual Prices-$3, $2 & $1.
FOUNDATIONS
PROMPT AND EFFICIENT SERVICE ENSURED BY ADOPTING
THE "FRANKI" PILING SYSTEM
EXAMPLES"
CONTRACT. No. 40 GODOWN (5 Storeys High) for THE CHINA PROVIDENT LOAN & MOET- GAGE CO., LTD., at WEST POINT. TOTAL WEIGHT ON FOUNDATIONS..12,000 Tama FOUNDATIONS STARTED... ...15th Oct, 1924 FOUNDATIONS COMPLETED...15th Dec, 1924
(Time 52 Actual Working Days.).
CONTRACT No. 44 GODOWN (4 Storojs High) for THE WING{
ON CO., LTD., ■t WEST POINT. TOTAL WEIGHT OF FOUNDATION 11,656 Toss CONTACT SIGNED
...17th Dec, 1924 FOUNDATIONS STARTER ...25th Dec., 1924 FOUNDATIONS COMPLETED *....23rd Feb., 1925
(Time-53 Actual Working Days.).
Ask for illustrated Booklet and full information, from the
HONGKONG ENGINEERING" & CONSTRUCTION CO., LTD.
ST. GEORGE'S BUILDING, OHATER ROAD,
Telephone Central 4681 (Two Lines)...
90,000,00
30,000.00
Write off Building
Improvements
Write of Marine Lot
No. 28 and Build.
ingy
Pay to Staff Provi-
dent Fund
10,000,00
20,000.00.
7,300.00.
Pay to Chinese Stift
Superannuation
And carry forward
Fund
to next account ... 48,723.06
7,500.00
THE GOLDEN £.
$381,793.06
MR. MCKENNA ON ITS MORAL VALUE.
Mr. Reginald McKiona, who presided Fat the ordinary general meeting of share- holders of the Midland Bank at Cannot Street Hotel. E.C., recently, discussed the close ennnection which exists. be- tween currency value and the volume of,, credit, and the possibility of a more effec tice use of credit control as a means of modifying Buctuations in price levels.. Following were points in his speech :-
The pound sterling is finding its way back to parity and will probably soon, stand at its full gold value, not because it will have climbed uphill to meet the dollar, but because the dollar cader pressure of the surplus supply of gold will have comé down to the level of the pound.
The rise of sterling in relation to the dollar häs, gone considerably ahead of changes in price level, but if the rise is maintained we may be sure price levels will finally conform to the new relation of value between the currencies.
An advantage of the gold standard is its moral efect A nation "will think better of itself, will almost regard itself as more honest, if its currency is conver tible into gold.
Bestoration of Europe cannot bring us prosperity ualess our internal conditions are sound. The pressure of taxes, which is far heavier in this country than in any other in the world, is too great for our trade to hear. It eats deep into the reserves indispenable for business expan sion:
Economy in national expenditure is vital. Every shilling saved now and de- voted to relief of taxation will come back to the revenue in future years in larger receipts from more prosperous industry.
BANK'S £6,000,000,000.
ONLY ONE FORGERY DESPITE ERRATIC SIGNATURES.
Giving evidence in the Court of Ses- sion, Edinburgh, recently in a en,000 claim against the Bank of England by the executors
of the late Mr. John Wilson, of Edinburgh, Mr. W. B. Thorpe, principal of the Transfer by Deed Office of the Bank of England, said that us, the result of the Bank's experience the 'card system for proving signatures had been discarded. People complained that they were getting ten or twelve cards, and that
יד
1925
Hope or Curiosity
I think sometindes the word "
curiosity is just another name for "hope." You might fancy that it was curiosity that made you smoke your first Kensitas-no, sir, it was really hope, the hope that you would. find Kensitas a really good cigarette; better than the kind you had been smoking.
But it is a fact, sir, that after you smoked that first Kensitas and experienced the cool, rare old blend of prime Virginie you continued to smoke Kensitas, because you found that's Kensitas are
as good as really good cigarettes
C be."
Kensitas
Hannahorus:
the preferred cigarette
1. WIX & SONS - LTD - 17456 PICCADILLY - LONDON WIE- ENG. Wholesale wily » DONNELLY & WHYTE, Distributors for Hongkong, and, South Chiu, X QUEEN'S BUILDINGS Telephone: Central ats,
Jenkyn
·Obtainable at Lane, Crawford,
Ltd. Tabaqueria Filipina. Granto-Exypciza,
Tobacco Store. and at high-class
At 95 cents
„pér tin of 50
TO-DAY HI SATURDAY 2.30 P.I 5.10 7.15 p.m. & 9.20 p.m. at THE WARNER BROS.
present
CORONET
John Barrymore
Wh
MARY ASTOR," CARMEL MYERS, IRENE RICH WILLARD LOUIS ALEC FRANCIS, RICHARD TÜCKER,
DIRECTED BY HARRY BEAUMONT
MAUDE BRENNAN
Has Just Received A Large Consignment of Very Stylish Spring and Summer Hats, Call Early and make your Choice.
"ASIATIC BUILDING.
is was no wonder the Government could. B. WARREN & CO., LTD.
not pay its way. These cards came back to the Bunk signed by anybody other than the stockholder,
The number of registered accounts in the books of the Bank of England, said Mr. Thorpe, was just over three million. They represented a capital of about £6,000,000,000.
The Bank were so super-cautious about transfers that business was apt to be impeded. In only one case before these alleged forgeries had there been a forged transfer. In that case the Bank, at their own expense." took steps to bring the forgers to justice.
HONGKONG SHARE MARKET. CLOSING QUOTATIONS.
·Marca 4ru, 1925. Hongkong and Shanghai
Banku...
...$1,210.b.. 1,240 m. Canton Engerandes mechani...$740 b., 745 x *Hongkong Fire Insurancom $710 nota. Union Invurandei
Douglas Steamships............................... $38 b. H.K., O. & M. Blemmboats, 136 r. do sau * Fiber Terziós command. $70 h., 81 z. Waterbante
$171 nom. Shal Transporte........... 9316
kin Sugar Langkat. Kowloon Whampo Docks Shanghai Docks
H.K. & S. Hotels..... Hongkong
Lands umphreys Extates Ewe Mills
++
hom.
SANITARY &"HEATING
ENGINEERS.
TEL. €269.
We beg to Announce the Open ing of our NEW SHOWROOM on GROUND FLOOR of CHINA BUILDING, QUEEN'S ROAD CENTRAL
(Facing QUEEN'S THEATRE)
Inspection Cordially Invited.
122b,& as
SUZUKI & Co., Ltd.
$193, K
$236 N.
Sols Agents..
118
$176, & $96. ..$19) b., 299. Tia. 157 b. & sa. ......T.601 Dom.
...Ti 4 b. Comenta (combined) $27. &
10. Ha, fill. China Löghts... (combined) $28.
ve nom. Providenta (fold)
Shanghai Cottons Orientals
seedimaa sam
Dairy Farma Electrics
k
zom.
25b. & as.
1551 b, fi sa
........$21 1. & na,
Hongkong Bopes (combined) $54) nom.
TYRDAWAY
Watarni
Peak Trans.
field) $23 nom.
{(new) 33 nam. ellers; sa-sales.
(1-85
SAKURA BEER
Tel. Central 464, 400. Uhins Building, 1st Floor,
Beau
Brummel
WORLD THEATRE.
TO-DAY TILL SATURDAY, 5.15 p.m. & 9.15 p.m.
THE BEST BRITISH PICTURE EVER PRODUCED
CHARLES DICKENS'
IMMORTAL MASTERPIKUE
"OUR MUTUAL FRIEND
ALL THE TENDER PATHOS AND EXQUISITE FEELING OF. CHARLES DICKENS' IMMORTAL STORY HAS BEEN BROUGHT TO THE SCREEN IN THIS PICTURIZATION OF YOUR FAVORITE AUTHOR'S WORLD FAMOUS NOVEL.
-CHARMING IN 118 FIDELITY TO THE CELEBRATED AUTHOR'S CHARACTER DRAWING, FUNNY CHARACTERS, SUSPENSE, HATRED »FOR THE VILLAINS OF THE PIECE. FOR FATHER. MOTHER, FISTER, BROTHER-IT WILL GIVE AN EVENING OF RARE ENTER- TAINMENT.
WITH SPECIAL MUSICAL SETTING
AT REASONABLE PRICES.
BY SPECIAL REQUEST
Romantic KOENIGSMARK " Will be Shown Again Soon. TO-DAY TILL SATURDAY, 2.30 p.m. & 7.16 p.m.
THE LATEST AND BEST CHINESE FEATURE
"HOW ROAD DIVERGED
Also CHARLIE CHAPLIN in "EASY STREET!"
PROMONTA
The most effective nerve-food and strengthening medicine.
BOLE-AGENTS;
BORNEMANN & CO., HONGKONG Queen's Road, Asiatic Building CANTON-No 17, Ten Yuen Ha Kai
"