Page
THE HONGKONG DAILY PRESS, FRIDAY, FEBRUARY 19TH, 1926
THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.
Tel. Central 236.
1, Queen's Buildings.
SOLE AGENTS FOR
BELL'S UNITED ASBESTOS CO. LTD...
MANUFACTURERS OF
"Viator Metallio," "Dagger," ("Quadruple'
"Roofer" Packings.
Bell's Asbestos Compositions.
"Salamander" Engine & Cylinder Olls
"Salamanderite Jointing."
and
COMPANY REPORT. HONGKONG, & KOWLOON WHARE & GODOWN CO., LTD.
The report for presentation to share holders at the thirty-ninth ordinary an nual meeting states --
The Directors beg to submit to share holders their report with a statement of accounts for the year ended 31st Decem- ber, 1825.
The profit on working, was 8952,314.11 as compared with 81,432,514.98 in 1924.
The balance for the year, after deduct- ing Directors and Auditors' fees, allow. ing for depreciation and bad and doubt ful debts, paying for ordinary repairs and retiring bonuses to former Secretary
HONGKONG STOCK EXCHANGE.
CLOSING QUOTATIONS.
FRIRUARY 18TH, 1928.
.31,045 bar. 2120 пот.
Hongkong Bank ..... Chartered Bank...
Do, Lundan Mercantile Bank, A. & Bundl
Do
TO-DAY
nom
......₤13) nom
and
TO-MORROW
ONLY.
£9 now. $85 nom.
$590-NO
*******165
145 $281 buy. 135 buy.
bay.
MOT.
*KNOW*
P.&O. Bank. East Asia Bank .9.. Canton Jarurance Obins Underwriters North China Insurance Unica Insurance Yangian Instance China Firs Insurance Hongkong Fire Insurance.... 1520 bay. Douglases
0. & M. Steamboat
Tagu
and members of the staff, is 8688,1973. Fog (Pref).
" (DeL), Shell Transporta
The amount brought forward from last year is $332,695.83 making a total of $1,021,190.56 available for appropriation.
The Directors recommend the follow-Star Ferries...... ings:-
To pay a dividend of $6
per share......
Waterboats.
$30 sel
$19 buy, 21 sel
rel.
.$50 sei..
.93/8 buy.
$50 buy.
.$18 bay.
Oriental Navigations
150 năm.
$480,000.00
To pay a bonus of $2 per
share...
$160,000.00
Malabon Bugars Bengust
China Sugars an
139 sal.
Kailan Mining Ad..
50,000.00 Langkate (combined) Do. 331,190.56
Shanghai Eplorati $1,091,190.56 Shanghai Loans
*s. 5 mom
Ms. 7 nom.
ANCHOR BRAND PURE MANILA ROPE.
*THE CORDAGE YOU CAN TRUST."
MARINE ROPE
TRANSMISSION
ÖF POWER ROPE
CABLE LAID
HAWSERS
WELL DRILLING
CABLES
ESTABLISHED 1854.
YNCHAUST
ROPE
FACTORY
MANILA
ROPES OF ALL SIZES FOR ALL ·
PURPOSES
MADE FROM
PURE MANILA
HEMP
MANUFACTURED
BY THE MOST
MODERN
MACHINERY.
STOCKS ON HAND OF ALL SIZES. ENQUIRIES SOLICITED,
HONGKONG OFFICE:
FACTORIES-MANILA, P.I.
KING'S BUILDING. TELEPHONE OINTEAL 3163.
ARE YOU PREPARED?
Cooking-heating for the rooms-hot water
for the baths, etc;-
On these three things depend all the necessities
and comforts of the home.
"Those who still depend on coal-fires, with all "the necessary labour, are giving hostages to
fortune.
Gas abolishes all the dirt and discomfort attach- ed to coal, and all the discomfort and risks to labour.
INSTAL GAS
AND
NOW
ENSURE YOUR COMFORT
A.P.B+
ADIES who dislike going to Market themselves, and are not satisfied with the Lusally or Quality of the food obtained at present, Can Now Select their Ome
Supply of
FRESH FISH, CLEANED & READY FOR COOKING THE HONGKONG FISH STORE,
19. Das Vaux Boad CentraL
2140] 4.2.1.
TILLPHONE. 234.
When buying Toilet requisites and articles for personal use, one wishes to be very sure that they are of the highest quality and of undoubted purity and freshness.
THE QUEEN'S DISPENSARY.
The new Store with the high Ideal, guarantees these qualities to all who make their pur- chases there, and in addition a courteous and obliging service.
HONGKONG WEEKLY
PRESS.
CONTAINING ALL THE WEEK'S
LOCAL NEWS The Paper to send Home'
TEL. CENTRAL, 492.
A.P.B.
DERRINGTON.
HIGH CLASS PRIVATE HOTEL
·B, PEAK ROAD: Tax Central 4464. [9083
To transfor to repairs and
renewals account
To carry forward
their seats.
E. Wha...
Directors-During the year Messrs. C Tronoh Hina Gordon Mackie and O. 1. Ellis resigned Ural Capians.
The following gentlemen&W.Doçka.. were invited to join the Board-Hon Hongkows.. Mr. A. O. Lang and Mr. Frank Austin,
Messrs. T. G. Weall and A. H. Compton retire according to the Articles of Asso ciation and being eligible offer themselves for re-election.
Auditors-Messrs. Percy Smith, Seth Fleming, Incorporated Accountants, and Linstead & Davis, Chartered Account ants, have sadited the account now pre- sented and offer themselves for re-election.
D. G. M. BERNARD,
Chairman.
AMERICAN RUBBER.
MR. HOOVER'S GRANDIOSE PLANS.
Now
Engineerings. Shanghai Docks... HK Hotels Hongkong Lands Hongkong
Realtys (o.p) H.B. Territorials (f.p.). Humphreys Estates. Prince's Building... Rural Lands Two Cotton Orientals
4- nom .Thi 5 tay. Tix. 13 nom.
buy.
55/. nom.
8. nom. $122
$50 buy byl. 185 bay.
Tis. 7 nom.
Tix. 108 val.
.48 bay.
"
581) bay, 62 in..
5. nom,
$18 nom
..$120 sal.
37 802.
Th. 9 buy.
Ts. 3 nom. TL. 55 sol.
..$11 bay.
37 nom.
UEEN
QUE
SUPER
TO-DAY
and
TO-MORROW
ONLY.
A FAST MOVING. COMEDY
FULL OF FUN.
་
LARRY SEMON
IN
"THE WIZARD OF OZ"
The Picture Extraordinary,
IT MAKES THE IMPOSSIBLE POSSIBLE! IT'S NEW! ITS NOVEL!
USUAL TIMES AND PRICES.
INVESTMENTS".
WE BUY
WE SELL ·
Rubber Sharer.
Smail and Large Lots of Local and Bubber Small and Large Lots of Sound Local and
Shares interest to Our Clients. HONGKONG SMALL INVESTORS SHARE & REAL ESTATE CO.
FLAC, Houses. Disposed. Or on Acquisan. FOR CLIENT. TEL. 4830
10, Des Voeux Boad.
(195
$8 bay,
(new)......Tis. 27 sal,
Shanghai Cottons (old)
Do. Amusements............ Canton Icas Comente (combined)
• Do... (old)
Do.
Ika
..........$14 sol.
..$19 mom. $3) DOM
Grandiose plans to relieve the AmeriChina Buses. FL. 104 buy. can public from the artificial famine China Lights (combined)......$14 bay. x. in rubber" created by "Governmental
$10 bay..11 sel. restriction of production and exports from
...302 buy... the British East Indies" were announced last month by Mr. Hoover, the Secretary for Commerce, at the annual dinner of the National Automobile Chamber of Commerce.
Do
(old) Do, (new); China Providents Constructions....... Dairy Farms....... Der A Wing (f.p.) Hongkong Electrics He stated that the Chamber, with the Macao Electrics
H.K. Developments co-operation of the largest motor-car manufacturers, were arranging to foat Ropes (combined)
(old) a company with an initial capital of
Do. (now) £2,000,000 for planting rubber in the Hongkong Tramways Philippines, Sumatra, and other corners Lane Crawfords...... of the world uncontrolled by the British.
Mackintosha....... Simultaneously Mr. Hoover sanoanced Peak Trama (old)
Do. that the Rubber Association of America were considering the expenditure of Sinceres £10,000,000 in a yearly appropriation of Taxis......... £2,000,000 in the planting of rubber in United Asbestos Areas under American control or where Watson (old) favourable conditions would be assured. Do (new) The Secretary of Commerce gave of W. Powells details cf the two projects, but he took Telephones occasion to repeat that restrictions production already amounted 400,000,000lb. of rubber, that the price of rubber was 300 per cent. too high, and that this price represented a charge upon American rubber users of £160,000,000
Ca
year.
to
(new) (c.p.)
$3.10 bay.
$15 bay. $10 nom.
$32 buy,
$10 nom
...25 cts, buy.
$10 sel.
$25 nom $3+ nom.
$1+buy. 812 sel. 821+ om. $17 buy. 37 дом, $21 Bel.
под
$12 sel. $12 col-
cl. buy.
buy-buyers; sel-sellers mom,mehominal
SINGAPORE RUBBER QUOTATIONS.
Mr. Hoover's speech. pronouncing his official benediction on the plans of rubber and motor manufacturers, was broadcastceived from their Singapore agents: throughout the country.
Messrs. Carroll Bros. furnish" us with the following quotations yesterday re-
Before the Congressional Rubber In- vestigation Committee Mr. Palmerton.. chief of the rubber division of the United States Department of Commerce, gave evidence forecasting a world rubber short- age by 1930.
He estimated that the shortage by 1930 would be 37,000 tons, while the world needs in 1930 would exceed the current year's needs by between 150,000 and 200,000 tons. He said that the United States needed a million to a million and a quarter acres of rubber to meet her needs by 1930.
TEXTILE TRADE GLOOM. JOINT CONTROL SUGGESTED. Alderman Ban Turner, in his presi dential addresa at the annual meeting of the National Association of Unions in the Textile Trade at Bradford last month, said their members had been hard hit by unemployment and under-employment for five successive winters, and the outlook was scabre owing to general bad trade and the lack of purchasing power of the general public. There could not be an trade their biggest improved home. market-until the people had the money to buy the goods they produced.
"I venture" to assert-but I do not know (he proceeded)-that the trade is over capitalised, and that it is carrying too many passengers, that there are too many middlemen nibbling at the industry." I believe it could be better governed if there were forms of joint control estab lished between the three parties in the industry-the manufacturer, the worker, and the consumer. I feel sure that better buying arrangements of both raw mate." rials and general supplies could be in- stituted, that co-operative selling arrange ments could be established, and that waste of effort, energy and material could be established, and that waste of effort, energy and material could be avoided by a closer co-partnership with the two chief sides of the industry. There needs closer attention to business by many of the men. in business, less.
by heads of ca-canny firma, less week-ends and long holidays and broken days for leisure and pleasure than is the case to-day, and if the nation is to pull through there will have to be more co-operation and less of the mag- ging, narking attacks on the workers and their officials than is the case to-day. There is no natural cause for our dis tresses. They are all men made, and can be removed by men and women of good will Ihone we are not drifting to re- volution. We can win all by education and the ballot box."
Allenbys.....
Alor Gajahs Ayer Moleks Ayer Panas Balgownies Bassetts Brogas
Bukit Jelotongs.
Indragiris
Jerams Jimahs Kedahs
..Kempas
SOUTH CHINA KNITTING FACTORY.
Owing to the rapidly increasing demand for our HIGH GRADE COTTON SOCKS.
We have recently installed the latest machinery, making it the MOST MODERN KNITTING FACTORY IN HONGKONG,
We can now cope with the largest orders in the shortest time, and invite enquiries from Wholesale and Export Firms who are interested in a class of Cotton Socks which have rapidly acquired a wide reputation throughout the Far East and India for Quality and Dependability.
Office and Factory: MONGKOK, KOWLOON. Cable Address: SOUCHIENIT, HONGKONG.
TZL KB98
it (104
·A.P.B.·•
FINE SELECTION OF" HORS-D'ŒUVRE.
3
Prix
345
.80
.49
BLACK RUSSIAN CAVIAR, 24 0.1.30 TUNNY FISH EXTRA, Large Tin [...
Smail Tin... 50 SAUCISSON de LYON OLIDA per Ib. 1,50 60 BLACK OLIVES.
£1.30
GRUYER KOQUEFORT. &CAMEMBERT. CHEESE....
THE FRENCH STORE,
/ No. 9, BEACONFİNALS 'AROLDE.
Straits.
$3,20
2.93
A
2.78
12.60
4.50
Prir
1.45
SMOKED SALMON ↳ ON (LAX)
$2.75 | ITALIAN ANTIPASTO
1.70
1.15
2.50
Bukit Katils
1.25
Changkat Serdangs
B.25
Connemaras
2.70
Glenealies
BOLMOPS HERRINGS in White Wine Mark Bucle HERRINGS EXTRA (J. TROLEY) ...
.50.
་བས་་----********
2.35
9.25
1.80
2.16
3.78
9.00
4.00
TELL 794.
17.50 ..
Malika Pindas Malakoffs Mandai Tekongs Mayfields
2.75
4.50
.85
12.50
Uln Benuts
.80
New Serendaha Njalns
4.25
13.25*
13.00
1.30
3.75
2.90
March 2nd, 3rd, 4th, 5th & 6th,
Sungei Bagan
4.85
Tapahs
28.00
Tambolaks
1.35
Teluk Ansons
17.00
2.70
4.50
Küla Sidims
Lunas
Pajams ..Punggors.
Sandycrofts Scudnís
United Malaccas Utan Simpans
Price of raw rubber: 81.04 per lb.
EXCHANGE RATES,
(BRITISH WIRELESS SERVICE]
RUGBY, February 17th. To-day's exchange rates are as fol lows
Paris! New York Brussels Genova Amsterdam Stockholm Copenhagen Oslo... Vienna Prague Helsingfors.
THEATRE ROYAL.
A.D.C.'S
HONGYAN
VCTION
ᏩᎡᎬᎪᎢ .
IF"
SEE THE BEAUTIFUL HAREM & DANCERS,
LISTEN TO THE MINSTRELS.
SEE THE WONDERFUL CONJURORS.
133.36
4.88
107
25.25
12.13
16.16 18.74
23,2
34.55
1841
-193
34.48
2
Bio
.7.5-16"
Buenos Aires
1/3.3-16
Shanghai
3/01
Prices
Hongkong
2/4
Silver (spot and forward)
30.11-16
Madrid Lisbon
Bombay
BOOKING NOW OPEN AT ANDERSON'S.
83 82 & $1.
[3187