Page
WERY
PILSENER BEER
MADE IN \DERMANY
ERIOR
QUALLY
ZEBRA
PILSENER
BEER
LIGHT PALATABLE
AND
REFRESHING
An ideal Drink for
the Summer.
Sole Agents:
Gande, Price & Co., Ltd.
No. 2, Ice House Street,
HONG. KONG Tel. C. 135.
THE HONG KONG DAILY PRESS TUESDAY, MARCH 27th, 1928.
GREEN ISLAND CEMENT Co. LTD.
Best Portland Cement.
SHEWAN, TOMES & CO.
GENERAL MANAGERS,
HONGKONG.
SHIPBUILDERS.
SHIF REPAIRERS.
BOILER MAKERS, FORGE MASTERS, OXY-ACETYLENE AND
ELECTRIC WELDERS, MECHANICAL AND
ELECTRICAL
ENGINEERS.
-DRY DOCKE.–
Length 787 Feet.
OF HONGKONG, LIMITED. THE TAIKOO DOCKYARD & ENGINEERING COMPANY
Length on Blocks 750 Fast.
Depth on Centre of
Si (H.W.D.S.T.) 84 ft. 6 as -THREE SLIPWAYS...
Capable of Handling Ships Up o
8,000 Tons Displacement
Electric Crane at Sea Wall, Capable of Lifting 100 Tons at 70 Feet Radios
BUTTERFIELD & SWIRE, Agents,
MONGKONG, CHINA & JAPAN.
TEL. ADDRESS: "Tarzoo0ook, HONGKONG." -TIĹXFHOYE No. 212.
Convalescents
of all ages
need easily assimilated nourishment, which will put on weight and quickly restore them to normal health. well-advised buy
The
KEPLER'
(61
Cod Liver Oil with Malt Extract
"Battles"of two sizeť
"All"ChambtsTMKid Stores
To keep your skin in health 'HAZELINE' SNOW"
[Trade Mark)
Qiana pols All Chemists and -area.
BURROUGHS WELLCOME & COM
CAU THRİYELAKUNI - POKERation GrabORDANZEIG
LONDON (AND--SHANGHAI-
RECORD BALANCE
REPORTED.
"HONG KONG FIRE INSUR- ANCE CO., LTD.
GOLD RESERVE INITIATED.
The annual general meeting of the Hong Kong Fire Insurance. Co., Ltd., was held yesterday, the Hon. Mr. D. G. M. Bernard being in the | Chair. A record year was reported,
the balance being 8742,000.
Supporting the Chairman were Messrs. C. Bernard Brown, A H. Compton, L. Dunbar, A. S. Gubbay, T. E. Pearce, H. P. White (Diree tors), aad Mr. F. C. Hall (Secretary).
Shareholders present were Messri, J. H. Taggart, Ho Leung, J. P. Sberry, A. H. M. da Silva, R. I Bridger, D. P. Steavenson, F. M. Ellis, J. H. Seth and W. E.
Shenton.
Mu
CHAIRMAN'S" ADDRESS,
The Chairman said:-It is with great pleasure that your General Managers and Consulting Commit tee are able to present to you such an excellent account as that for the year 1926: the balance of 8743,214.12 constitutes a record surpassing the previous best, that for 1923, by approximately $100,000. The pre
income, was over $120,000. higher than the previous zecorů and the loss ratio well below the average. Expenses, though little less than for 1993, have grown con siderably during the past six years; this, however, is only to be expected in view of the fact that our nett premium has increased by 50 per cent over the same period. For 1020 the ratio of expenses to nett premium was 20.44 per cent as against 33.09 per rent for the year
under review.
CHRIST AT THE DOOR.
MESSAGE TO THE LAODICEANS.
THE DEAN'S CONCLUDING LENTEN ADDRESS.
WHAT CHRISTIANITY ASKS AND GIVES.
The last of a series of able sermons, on the Messages of St. John to the churches under his charge in Asia Minor, was preach- ed last Sunday in St. John's Cathedral by the Very Reveread the Dean. He took for his text the 20th verse of the third chapter of Revelations which forms part of the Message to the Church of Laodices.
The opening part of the message, the Dean said, speaks of the grave mistake the Laodiceans had made in being lukewarm, "neither shot nor cold" and therefore of no use to God. Following the text you can rend why this state of being neither hot or cold is useless for Christ's purposes..
•
will go away. But He never goes year, the Spirit of God is trying away. Day after day, year after to enter our hearts.
Christ hot only knocks he speaks as well. He says “ Hear my voice,' and no one can fail to hear Bir voice. Outward happenings some times muffle His knocks, but His voice is apenking too through troubles, sickness, joy and peace.
Often we do not recognise His use of His voice and make no knocks. The child Samuel hearing
Hoiman Hunt's Picturė,, Christ WAS present with that Church of Laodicea but he was God's voice thought at first it was sent outside the door. There is a well known picture by Holman Eli calling, but when God called Hunt, which shows a tumble-down again he recognised the voice. cottage with thistles and weeds During the coming Holy Week if we growing up to the windows, the door make use of the church services we fast closed with locks and hinges may hear Christ's voice. Shall we rusted by disuse. The sacred gure let Him paas by or shall we take who stands and knocks at the doorim into our hearts and lives? in the picture represents Christ There is no force about it, we can knocking at the obstinate hearts keep the door shut if we will; that of men, and allowing Himself to the wonderful thing about God. be kept out. He stands at the door He has given us the privilege of of our hearts to-day, and He did freedom of action we can keep even ages ago at the door of the Church Him out if we will of Laodicea
Cottagers Who Turned Away A King.
"Searching For God."".
Cure Sore Throat
and prevent dangerous infectious diseases by taking Formamint. Give Formamint to your family too. It will destroy the germs in mouth and throat before they can do any harm.
FORMAMINT
The Goran Killing Thrmat Tablet.
HONG KONG STOCK EXCHANGE.
CLOSING QUOTATIONS.
дот.
Mazda sēru, 1928. A.K. Bank
****.*.......................... $1,200 bay. Do Londen... £133 nom. Chartered Bank............ £ll bay. Mercantile Bank, A. &B...£344 nom, One night, two young men who.&0. Back
Do
O...£141 Lom. were on a walking tour were over-
East Axis Bank dedi...87+ bay. Canton
$875 bay. Insurance a cottage they knocked and asked Union Insurance taken by the night, and on seeing
wi buy. Ohina Ina.
Tis 148 nom to my att story were told to go North
• Insurance ......M. 14).
buy. away and stop making a disturb ance. Somo way further they Chic Underwriters...$2.40 buy 24 sa knocked at the door of another China Fire furance....216 nom. buy. cottage and were taken. in for the Hong Kong Fire Las 750 We talk of night. The following morning a rumour was passing from house to of God" and
house, and the inhabitants of the asi He were first cottage were bitterly ashamed
This picture does not represent the commonly accepted ideas of religion. Chinst the weary traveller begging for admission, is the very opposite picture to that which is generally held. We are apt to think of religion as a number of mysteries which we have to try and solve; of hidden truths which we have to try to puzzle out.
finding God, searching for
The balance standing at credit of hidden, dillicult to know and hard and bumiliated to discover that they i
to approach.
the Working Account for 1927 is
If the picture drawn if these had refused admittance to the pre- 9702,855.11; this also is a record, being an improvement of 822,073.43 verses from St. John's message is sent King of England and the Duke on the figure for 1928, after the first religion is the very opposite to that
true the fundamental meaning of of Clarence.
We often shut out God in just twelve months" worläng. It is The Apostle shows us God and his the same way, but instead of com- early yet to hazard any opinion as Love ever seeking man. Before we ing begging for food or shelter He
to the ultimate result of this ach
count but, granted a moderate shure of good fortune; we may rea- sonably anticipate another pro fitable year.
Dividend of $43 Per Share. The surplus now to be dealt with
is 8742,214.19 and we recommending recognition of God and accept the payment of a dividend of $43ance of Him...
share, absorbing 8344,000 Like The Light Of The Sun From
Minions Of Miles.
the appropriation of £23,000- 8216,133.83 to the newly-formed
Douglases
B.. Steamboats HK. Tugs............................... Indo-China (Prof.).......335 buy.
Do. (De) $100 num.
87,5 DO Shell Transporta....82/6
bay. Benguete 39.5 nom. Waterbosta.... Kailan Mining Ad.......06. nom. Langkata (combined) The 16 udmi. (single) inTia. 7 nom, S'hai. Exploracions
Balderda
Ran
Do.
V. 9 com. Tix. 6.10 nom THE
34 nom
.17/8 nem.
learn to love Him He loves us, be-18 coming with His hands fall of for can quake even a beginning gifts which, if we let Him in, Heshangal Loan of Eng Him, He knows us will pour into our hearts and thround through. The religious wills. If we keep Him out, from ELK & Wharfa.......$141. nom.
H.K. & W. Docks.........149 g privileges which we enjoy are not whom all goodness comes, we are
China Provktenta ($8.05 buy.. due to our own powers, but to God's keeping out His peace, gifts and
806/10 search for man and man's increas happiness and health. There is an
other story of a minister in Edin Hongkows ....The.
Tue, 184 bay. burgh who went one day to a
New Engineering......Tit. 450 nom. widów woman in order pay her Shanghai Docki
TL 10% bay. rent for her. He knocked, but got | Ewo Cottona
Tls, 81 bay no answer, so called again the Orientals Cottons.
* & buy. Tix. 38 buy.. Cottons (old) In the Incarnation of Christ, God following day. This time she saw Sha Gold Reserve; 8100,000 to Silver with almost incredible copdescen him coming, and said someone had
39% sal. Reserve and the balance of
(new)....... 31 now. sion came into the world of men,knocked the day before, but fearing: $32,000.27 £4,287 7. 3. to Reinsur-God came to men, men did not find it was the landlord, abe had not H.K. & M. Hotels 89.83 buy, & sa
dede anco Fund
God by their own strivings. Just as answered na' she had no money for HK Landa 193 buy,".. You will notice from the report the light of the sun comes from the rent. The minister coming with Shanghai Lands that, the sum of $50,000 has been millions of miles to this earth to the very thing she wanted had been Humphreys Ztates....16 buy.
Realtin......da bay, 6 sa. transferred from Reinsurance Fund bring us light God has come with turned away. It is exactly like that Hang
"Behold," He says, K. Tramvaj
H.E. Territorials to initiate a gold.reserve. This was infaite condescension from His with Christ
m... 25 baj, tři sol considered advisable because our Divinity to men. Just as we enn present day commitments in ster by shutting our eyes keep out the
Peak Tram (old)...313 buy, (new)......$71 bay, ling are large and alea because light of the sun and walk in dark
Star Ferries
0%; nom. the Reinsurance Fund stood at a ness, so we can shut God out of
China Lights (com
(cob.)... $13
sel. figure which was considerably in our lives and hearts if we will.
Do. (old) exces of any probable demands
Do. Holy Week-Is It Nothing To that might be made upon it..
You?"
HK. Electrics. Macao Electrics Telephones Chins Buses is soonerscious Singapore Tnctions.....1] China Bugars
The ReservOL.
Our reserves are in a-Kealthy
condition and the correctness of our
policy of steadily increasing then is shown by the fact that we are now able to handle a considerably larger volume of business than was previously the case. During the past ten years, our incone, interest all harvest bus and reserves have all increased by over one hundred per cent.
I have little to say about the future. Insurance like every other branch of commerce has its ups and downs and competition is very
I stand at the door and knock, If any man hear My voice, and open the door, I will come in to him, and will sup with him, and he with Me."
and
The Blessed Virgin Mary. To-morrow (Monday) is dedicated The Next week is Holy Week when to the Blessed Virgin Mary. we shall try to get nearer to God church very rightly honours her, for in the contemplation of that won in her we have the supreme example derful ending to His life on earth of a human being making God wel here. But probably there will be come. She must, therefore, always hundreds or even thousands of our be blessed among women, countrymen who will deliberately must hold the highest place among shut Christ out of their lives next all women for that reason week. "Is it nothing to you all fung open the door of her being to ye that pass by that was toed plets acceptance of will be a crowd that will indeed pass by and care nothing and each one of us will do something of the same sort.
She
Bo.
".
bar. $10 buy.
boy, 701/71 ex 1b try.
70 bay,
14.70 bay.
Ain. 6) buy.
1/9 now
9
on Bugas nom. Canton X4 nom Cements (combined)......$11.66 bay.
Do (old)" ...... 10 nom. Do. [[new] .....@ZIU nom. ;
5 bay. 1.33.30 nom. ID sole
was E.K. Ropes (old) plete seceptance of His will abe was able to show Hla glory for all time Ust Asbestos to the world. The reward of such Dairy Farm.... an acceptance of God is that He Won
Wing One of the most wonderful attri- brings all with. Him--all His strength De butes of God is shown in the text and His beauty. He does not necess
||
A
keen; in these days many proposi-we are considering. He does not sarily bring happiness. To the 360 2
tions, which are attractive at Brst sight, have to be turned down for the reason that rates are cut so fine that they cannot turn out to be profitable. We are constantly look ing out for sources of expansion that offer hope of reasonable profit, and while on this subject, I would ugain ask all shareholders to give the Company their full support, both by means of their own business and by that of others that they may be in a position to influence
18.
י
Owing to the very considerable increase that has taken place dur ing the past few years in the work of auditing the accounts of the Company, it is proposed to rajse the auditors' fees from 8750.00 to $1,000 for each firm, and you will, I hope, confirm this when the pro- posal for the re-election of nuditors comics before the meeting You will, I trust, approve of the mal bonus of 15 per cent on their salaries being granted to the staff. I now propose the following re- solution: That the report and secounts as presented, including the payment of a dividend of 843 por share, an addition of £25,000 8246,153.85 to Sterling Reserve, of 8100,000 to Silver Reserve, the tmnafer of £5,287.7-5852,000.27 to the crecht-of-Reinsurance Fund and the payment to the staff of 15 per cent, upon their salaries, be adopted and passed.***
merely knock and go away if there Blessed Virgin He brought in the is no answer, but He stands and first place fear then misunderstand- knocks with infinite long suffering ing and pain, but He always bringa and patience. There may be those peace and a deep joy. When our who have kept Him ont. For years hearts are open to Him they are they have heard His knocking and ready to filled with everything that have thought If I keep still He is good.
SECONDER'S SPEECH.
of sincere regret to the shareholders of this Company, to learn of your Mr. Taggart said: "In rising to impending deportare from the second the adoption of the Report Colony, and, in your new.sphere of and Accounts, I feel confident that activity, shareholders of this Com I am voicing the opinion of share pany will wish you that full holders in stating that the figures measure of success that has attend for the past year and the very lucided your efforts durnig your sojourn explanation thereof given by the Chairman as to the affairs of the Company apt only call for the com- mendation of charcholders, but also that an expression of thanks is due to the General Managers and the Consulting Committee for this excellent showing.
very
The policy pursued by the General Managers of gradually in- creasing dividends as results per mit, in preference to resorting to the issue of bonus shares, da one which I am confident that share. holders, who have come to regard this Company as a gilt-edged in vestiment, must fully endorse.
Balore concluding Bir if I may be permitted to lend more personal note, I should like to add that, in with other companies with which (Continued on next Columя). you are connected, it is a matter
common
in this Colony and the tenure of office in that estimable concern that you have the honour to represent."
The resolution was put to the meeting and carried unanimqualy,
Other Business, “
On the proposition of Mr. Ho Leung, acconded by Mr. Sherry, the following wers reglected to OTVO on the Consulting Committee:- Biz Robert Ho Tung, Messrs. C Bernard Brown, A. H. Compton, L Dunbar, A S. Gubbay, T. E Pearce and B. P. White
Measy.
and
Lowe Bingham Matthews, and Messrs. Percy Smith, Seth and Fleming, wero re- elected auditors, on the proposition of Mr. Bridger, sconded by Mr. StsaveNBÖZ
.4
The Chairman announced that dividend warrants were ready and could be had on application:
Wm. Fowalia
($91.80 buy, 22 sa.
„,314) kom. -
bay.
$10 buy
$28) buy, K Amusements H.K. Construction
..$13 nom. B'quin, Indus. G.JBonda... buy. HK. Gort.Loans.................7% prezi, bay.
EXCHANGE RATES.
[BRITISH WIRELESS SERVICE)
-Paria
Copenhagen Vienna Helsingfors Lisbon Bucharest Buenos Aires New York Geneva Milda Stockholm
RNESE
ALPS
MIL
MILK
The Food of Life
In the interests of
Good Health
it is advisable to use only a well-known and established brand. Buy always and insist on
BEAR BRAND
Obtainable everywhere
A. B. MOULDER & CO.
INSURE
YOUR
BAGGAGE
WITH
GILMAN'S
"OCEAN" COMPREHENSIVE POLICY
THERES A
[104
Brony, March 23th:
124
Brussels.....
25
Amsterdam
12111
・Berlin.
20.414
18.214
34.60
ONG, LONG TRALA
1034
·2,1/16
7.583
47,15/16 4.881
02,34
-92.39
18.183
18.28
104.11/10
20.00
309 5.59/01
-1/5.31/32
2/01
2/01
Silver (spot)
Bliver (forward)
26.9/10
Osla
Prague Madrid Athens......................
•Tio Bombay Yokohama
Shanghai Hong Kong
Bugs, Fless. Flies, Beetles, Mosquitoes,E
att killed by
KEATING'S