DO YOU WANT TO
LOOK
Enticing in pyjamas? In- teresting in a dinner gown? ~Intriguing, in a dance frock? --Alert in a sports suit 2:
DO YOU WANT
EXPRESS
Artimation when you're fired? Interest when you are bored? You can hide or reveal at will-out of doors in the sunshine, of indoors ELIZABETH ARDEN can and will show you the way.
ELIZABETH ARDEN London, Paris, Berlin, Rome, Madrid.
LANE, CRAWFORD, LTD.
Bu
HONG KONG DAILY PRESS, THURSDAY, OCTOBER 1, 1931.
SINGAPORE STOCK HK. AMUSEMENTS
MARKET.
LIMITED.
FRASER & CO.'S WEEKLY FINE YEAR UNDER TRYING
CIRCULAR
CONDITIONS.
Mosary, Fraser & Co., Singapore, NEW FILM COMPANY FORMED, in their weekly share circular dated September 22 state-
Presiding at the annual general Events have moved swiftly in meeting of the Hong Kong Amuse Great Britain during the past week,ments, Id., yesterday, Mr, J. M. and the abandonment of the "Gold Standard" basis of currency, whilst regrettable in many ways, has been generally welcomed as the best means of solving Great Britain's monetary problema..
Noronha remarked that the year under review had been very successful one-the fifth in succes sion when a dividend of 20 per cent. had been declared. Mr. Noronha also remarked that the Company It has been officially stated that
had decided to participate in the there will be no change in the reformation of a new concern known lation of the Straits Dollar to the Pound Sterling.
as Puma Films, Ltd., which would take ove
over the entire stock of Hong The heavy fall in the London New Kong Amusements films. This, said York cross-rata has resulted in an the speaker, would reliore the Com appreciation in price of Tin, ubrany of the heavy romponsibility of ber and Silver, and the local share financing the cast of films and per market, has already responded to admit it to employ its resources in the considerable extent, particularly in sequisition and building of theatres the Industrial section where's heavy
where thought profitable. turnover has taken place.
Rubber shares are quiet with holders reluctant to sell at existing quotations. Tin has risen from £113.10 to £120.5 and Mining stocks are now. generally Armer..
Owing to the London Stock Ex change being temporarily closed, we are unable to insert the Sterling quotations usually cabled.
Mining-A considerable number of transactions have been done in Kinta Tin Dredges up to 81.00, Penawats 65 cents and Kuchais round 75 cents. Business has also taken place in South Taipings at 143 cents, Norths 243 conts and Ulu Klanga at 72 cents with further PUBLIC AUCTION.
sharer wanted. Sungei Ways have sellers at 81.77 and Rahman ARTICULARS & CONDITIONS Hydraulics at 61 cents Sterling of the Sale by Public Auction shares have remained quiet, Killing to be bold on MONDAY, the STH DAY halls being 10/0 bid, Malayan Tins of OCTOBER, 1931, at 3, at 15/0 and on the selling hide the Offices of the Pablic Works Depart Hong Kong Tina offer at H- Aver meat, by Order of His EXCELLENT THE Hitam Tins at 11/- and Temengors GOYXENGE, of One Lot of CROWN at 2/3. In Australia, Pungahs LAND at Kau Pai Bhek, in the Colony are now 10/9 middle and in of Hong Kong, for a term of 75 years, chonge a small odd lot changed with the option of renewal at a Crown Rent to be fund by the Burreyor of Has HATESTY 785 KING, for one further tariu of 75"yoára,
PARTICULARS OF THE LOT figuro.
No. of Bale.
Kowloon Inland Lot
Registry No.
Locality,
No, 2004,
: Lot No. 1460,. Adjoining Kowloon Inland
Tai Street.
Boundary.
Mesure.
menta,
As per
salo plan.
About
Contenta i
1,978
Square feet
PUBLIC AUCTION.
Annual
Rept
Upset Price,)
ន
[1289
|
INCREASE IN SOVIET WAGES ORDERED.
BUDGET FOR
1932.
MAKING EFFECTIVE STALINĖS
PRONOUNCEMENT.
Moscow, Sept. 28. -Iu hope of raising the productivity And
quality
of Labour the Supreme Economic Council to-day ordered a sharp increase in wages in all branches of metalhirgy and in the coal industry At the same time the Supreme Economa Council instituted an elaborate system of bonuses,
EXCEEDS LAST YEAR'S BY
$3,250,000
FULL DETAILS AND COMPARISONSA
The Colony's Budget for the coming year totals $26,641,797 and involves an increase of $3,250,000 over the expenditure budgetted for the present year
The above total docs not include The order of the Supreme Ecan the Military Contribution, which omic Council of to-day represents a will also be considerably increased decisive measure to make effective in consequence, of the bigger re- M, Stalla's recent demand that in-venues asked for by the Govern- dustry provide cash incentives for ment. Thần workers, and administrators. The wage levels of the metallurgy and coal industries are raised on an average of 30 por con but in the cases of some of the most skilled categories the wages, are doubled,
Workers will receive drible pay. ment for production above their daily quotas. Technicians and ad ministrators who fulfill and exceed the plans of their departments will neceive bonuses of from 60 por cent to 100 per cent, of their wages,
The first reading of the appro- priation Ordinance, will be moved at the Législative Council meeting to-day, by the Colonial Secretary, li The sum asked for, apart from the contribution to the Impérial Government in aid of Military Expenditure and Charges on account of Public Debt 19 826,641,787, to be expended as shown below The figures on right enablo A comparison with last year's estimates.
3032 1031. Estimates Estimates
133,600 765,821 566,221
Chairman's' Speech. Addressing the shareholders, the Chairman said: Our profit for the poriod under review amounts to $111,638.19 as against $110,331.61 for the previous year. The slight reduction of $4,093.51 is more than accounted for by the increase of $2,803.18 in the amount passed for depreciation and an extraordinary expenditure of 5,083.73 to meet legal and accounting costs in con- nections with the re-organization and increase of capital. After pro- viding for the Legal Reserve of 8 per cent, your Directors recommend the placing of 240,000 to General SPECULATORS CHECKED. Reserve increasing this account thereby to $220,000, from which must be deducted the sum of 840,000 transferred to capital according to your resolutions in connection with the re-organization of the capital of the Company. After allowing for these provisions, your Directors
Moscow, Sept/ -The acting Commissary of Foreign Affairs to day officially informed the Japanese His Excellency Ambassador and the Chinese the Governor 8209,720 Chargé d'Affaires that the Soviet Cadet Service Government could no longer remain Senior Clerical a disinterested spectator of the Manchurian conflict. The Commis sary of War Comrade Voroshilov, has left by aeroplano for the For East,
hands ab 6 There is no business for your approval a bonus reported in Malayan Collieries avious years in recognition of to staff on the same scale as on which are available at 826 cum. diy their faithful and arduous services. and Raubs are unchanged at 817.50 This amounts to $8,000, cum. div. after business at this
are a few
“The Life of Trade,” "The Lito, of Trade,
N.Y. STOCK EXCHANGE RESOLUTION.
and Account: ing Staff Junior Clerical
Service Colonial Secre
tary's
409,634
334,119
073, 480
60,623
SHIPBUILDERS,
SHIP REPAIRERS, BOILER MAKERS, FORGE MASTERS OXY-ACETYLENE AND ELECTRIC WELDERS, MECHANICAL AND ELECTRICAL
ENGINEERS.
OF HONG KONG, LIMITED.
THE TAIKOO DOCKYARD & ENGINEFRING COMPANY
SALVAGE TUG "TAIKOO
WIRELESS CALL
V.P.G.N, 600 METERS
DRY DOCK-
Length 787 Foot Length on Blocks 760 Foot..
Depth on Centre
Sul (H.W.0.5.7.) 84 IL @ Ins. THREE SLIPWAYS
Capable of Handling Ships Up to-4,000 Tons Displacement. Electric Crane at Sea Wall, Capable of Lifting 100 Tons at 70 Feet Radius:
BUTTERFIELD O SWIRE, Agents,
HONG KONG, CHINA & JAPAN,
TEL ADDRESS: MATKDODOOK, HONG KONG.”
"O" OVER "ANG. PENNANT."
HAMBURG AMERIKA LINIE
FAR EASTERN MAIL-FREIGHT-and PASSENGER SERVICE between JAPAN CHINA HONG KONG, PHI LIPPINES, STRAITS SETTLEMENTS,
COLOMBO and EUROPEA
SAILINGS TO EUROPE.
DESTINATION.
LEAVING HONG KONG
(1) Genna, Rotterdam & Hamburg 6 Oct (1) Genoa, Barcelona, Hotterdam
Hamburg 16 Oct
M.V. “HAVELLAND"; (3) Genon, Rotterdam & Hamburg, 24 Oct H.V. “HAURELAND". (1) Genoa, Rotterdam & Hamburg
* Other Parts of Call if Inducement offert..
ARRIVALS FROM EUROPE.
partment and
Legislature...
Secretariat for:"
Chinese Afairs
7.038
18,629
Treasury
[15,580
64,035
Audit Depart
ment
07,034
72,604
TESSEL.
North
20.807
24,317
M.V. "VOGTLAND"
M.V. "DUISBURG”
South Post Offer Wireless graph. vices
13,644.
12,340
448,302
408,405
Ser-
150,001
140,001
and.
871,104
MV.HAVELLAND"
(2)
·M.V." SAUERLAND
partment ...
1,298,885 1,109,304
M.V.RAMSES" AN
52,807
154,568
MAY.LEVERKUSEN-
88,160
71,012 563,935 326,479 200,300 173,364
50,330
47,220
70,668
·50,392
24,641
18,631
49,001
36,751
0,074
2,303
2,117
2,100
view to stopping a practice, which New York, Sept. 2-With
largely contributed to the hammers District Office, ing of sterling last week, the Gov- erning Committee of the Stock Ex-District Office, change in New York, at a meeting to-day, passed a resolution to for Rubbers. There are a few small
bid shart selling in canse buying enquiries in this section, but As an added proof that.com-quence of the serious emergency." with sellers inclined to hold off the netition is the life of trade", your market, Lo business has eventuated. Direators have pleasure to recom-
While banking eircles maintain. that converted action to support Imports Industrials-Straits Traders weak mend a dividend of 88 plus a bonus the market is uncersary, it is nn- euel considerably earlier in the of 50 cents per share, pro rata for derstood, that professional opera week and were offered down to the 1931 issue, leaving a balance tors are prepared to co-operate in but later the market strengthened of $44,183.01 to be carried forward keeping trade, orderly. considerably and althought the to the credit of the next account.eping stock lxchange open quotation remains unchanged, cou-This is the fifth year in successioned to-day there was a general siderable parcels of shares have that your Company has paid a slump, principal issues falling one changed hands. Straits Steamships dividend of 20 per cent. on its to five points, a notable riso, how had several transactions at 8105, capital not counting the bonus of ever, being United States Stool, also at $103 and there are now good 5 per cent, paid during the last which advanced one-quarter. buyers slightly lower Hammers three years, and your Directora see ver-the-less, the slump did not ap found a buyer at 8100 with further no reason why this satisfactory reproach, in extent the several which enquiries, also United Engineers at turn to shareholders should not be have occurred during the past two $7, Singapore Cold Storages at maintained.. 84.70 and Fraser & Neave Ords. at.
Baigian saven per cent., falling years. Foreign bonds were weak. 811.80. Thornycrofts could be placed
tenpointe and German 6-1/2 de at 81 and Gammons are in the
clining three points. market at @13:
DARTICULARS & CONDITIONS of the Sale by Public Auction to bo, held on MONDAY, the 57m DAY of OCTOBER 1981, at 8. x. at the Offlons of the Public Works Department by Order of Hirs EXORLLENCY TO GOTEENCE, of One Lot of CROWN LAND at Wong Nei Chung, in the Colony of Hong Kong, for form of 75 yours, with the option of "renewal of a Orown Emnt. to be fixed by the Burveyor of Hi Mazety raz Kina, for one further term
of 75 yearni
PARTICULARS OF THE LOT.
1 No. of Bals,
Eegistry No.
Wong Nei Chung.
Locality.
Inland Lot
No, 3210.
Boundary
Measure
„ments.
Contentă în
Abort.
ej sayubg
(1939
CREDIT FONCIER D'EXTREME- *ORIENT,
MORTGAGE BANK AND ESTÁT
*FEAK MANSIONS". Bix-roomed & Fire-roomed Apartments
PRINCE EDWARD ROADM
A KOWLOON,
Detached and 1 Semi-detached:Villas Modern Contraction with Garage"
AT BUILDINGSTM
Tists wild Modern Convenientes:
DIVIDENDS. Eastern United Assurance:
Dividend: 5 per cent, foal and
5. per cent. bonus. - Total for year, to date: 18 per
when cont
Year ends: June 30.
Books closs: September 19/25, Date payable: September 28, 1931.
1997.
Malayan Collieries:-
Dividend: 6 per cent. int.. Total for year to date: 10 per
cent.....
Year enda December 31.... Date payablo, September 30, 1931 Books close September 25/30,
1031
|. 19, 25/160, 113.10.0 100 57,28
21, 25/16d
225-50,00
Turning now to the balance sheet, you will first of all observe that in accordance with the resolutions mentioned therein, the authorized capital of the Company was increas ed to $1,000,000, of which $480,000 were issued up to March 31. 1831. Since then, 28,000 additional shares were issued in May last, bringing the paid-up capital to 8740,000 and leaving 23,000 shares to be issued at. the discretion of the Directors as provided by the above-mentioned resolutions. As already mention our various reserves total 8182,920. 98, to which must be added a fur ther $45,581.91 now being appro priated. Sundry creditors amount to $330,837,20 and these practically all represent accounts for films.
Ne
Harbour De
Exports
Air Services Royal Obser-
vatory Fire Brigade... Supreme Court Attorney Crown Solici
General
tor's Offics...)
cover Official Re Land Office
Magistracy
diate effect of Great Britain's ac,Magistracy, New York, Sept. 21-The imme. Hong Kong tion in suspending the gold stand Kowloon ard, according to authorities here: Police Force. 3,075,350 2,710,062 was to bring about an increase in Prisons De- commodities prices abroad.
situation is not serious, as far as Leading bankers believe that the the United States is concern ed, since Amarien has only G.880,000,000 in credita in Eng land, aside from the recent loans
NER
With these, remarks gentlemen, I beg to propose that the directors report and statement of accounts for the 19 months ended March 31, 1931, be adopted, and after this has been seconded I shall be glad to saswor, to the best of my ability, any questions shareholders might wish to put
partment Medical Der
partment
Botanical and Sanitary De-
Forestry De- partment
842,910 *13,369
1,028,764: 1,448,585
,032,504 ·934,273
120,070
119,557
partment Education De-
partment,040,096 1,138,708.
850,025 947,547
108,060
· 139,949
Kowloon-Canton
Railway Volunteer De
fonce Corps Miscellaneous
Services 7,452;4811,490,055 Charitable Ser-/
175.702 149,905 Pentions 7,708,000 11228,000 Public Work
Department. 2,325,134 2,038,028 Recurrent 1,521,800 1,638,150 Public Works, Pablic Works,
Seconder's Congratulations In seconding the ad report Mr. Ho Ki said that it was adoption, of the saay for a shareholder to secona It was, takon all and all, the best o report like this, with pleasure Extraordin- in the short history of the cout Expenditure. pany for it showed a very stable from surplas position, under present conditions, It was a record of which the direc
balances tors might justly feel proud and on which they and the staff should be.
Total congratulated.SAAN MAKE
The motion was then put to the vote when it was carried unani mousty
The Now Company.
With regard to the items under 103)
Tonk Films and Investraente, in might Sopt. Rubber Tin: Sold Price.perhaps interest you to learn that 18.-9.5/16d. £118.17.6 75 858.621 owing to the rapid and important 17.2.3/8d114 0.0 100 37.00
increase in the film business in 18.23/9 1140.0 75 67,75 Hong Kong and China, it has been found desirable for a new Company 29: 2.5/8d. 120. 5.0 150 00.191 to be formed to finance and handle the nipply of films throughout China Realising the vital bearing the film business has on our work ing, and after month of serious consideration, your Directors desid ed to participate in the formation of this Company which has been incorporated under the name Puma Films, Ltd., who have taken over a large part of our stock which is represented by capital invest ment This Company will eventual ly take over dur entire stock of Aims and their activities will extend throughout China as Film distribus tord the entire business of which is.controlled by Hong Kong Amuse ments, Ltd.PASADEN
This Briony explains the large in-appointed auditors at 8750 crcase under the heading Juvest ments us
Speakers,
Singers,
Athletes
VALDA
PASTILLES
The result will delight you
INSI
Forge besring
Nov.
DUE HONG KONG.
1.Out.
11 Oct
Si Dat
8 Nov
Subject to Alteration without Holics.
(1) Excellent Accommodation for Passengers, Qualified Surgeon carried
Fare from Hong Kong to Genos from £70, 0, 0.
(2) Limited Passenger Accommodation, Qualifled Surgeon carried
For further particular please apply to Agents:
JEBSEN & CO.
12. Pedder Street, Hong Kong.
„AGENTS,"
Tel 24661.
THE PERFECT HOLIDAY.
JAVA
BALI
Good hotels in cool mountain
resorts.
Good trains, excellent motor- smoothing asphalt roads.
Regular daily air services.
Interesting native life.
HONG KONG-MANILA-MAKASSAR-BALL SOERARAYA-
15. HATA VIA—HONG KONG,
FARE: G.$211,00 Inclusive of Hailway and Aeroplane Fares,
NEW THOS, COOK 2,173,5452,000,000 Tou may book with AMERICAN EXPRESS
1,000,000-
.800,041,787:22305;335
LIGHTHOUSE IN HONOUR
OF COLUMBUS.
Mr. Ma Tsini Chis who offered himself for re-election was again elected as a director, but Mr. E Gubber, the other repiring director, did not seek re-election.
Geneva Sept The motiop. so providing for the construction of p Mossrs. Lanstead & Davis pre giant lighthouse on the coast of Sin Those present were Messrs. J. Columbus was unanimously ap
Domingo in honour of Christophsy: The formation of this Company To Chun Woo, LE The Fong, Assembly this forenoon. The motion M. Noronha (chairman), Le Kan, proved by the League of Nations relieves us of the heavy reapon Harrop, JB Gubbay (directors) had been tabled by all Latin Ameri- sibility of financing the cost of films and C. & Roseles (secretary), and can powers represen and permits us to employ our re the following shareholders:Heura Assembly and pro
in the -sources in the sequisition and twild Chan Kwan Chin, Ho Ki Chan straction of
MAYA CHINA JAPAN LIJN
TO BATAVIA Through Java and Ball back ya Macassar. 8.8" TJISAROKA”
88 6th October od
STO
SHANGHAT
JAVA-CHINA-JAPAN LIJN
said to have set fpot on the new com
ing of theatres, where we think pro San Man, de Noronha, jun Bea exact spot where the great dis fitable
KALAS Prous, Yes Kai Mes, Wang coverer (Continued as foot of next column) Ching Lam, James T. Cho