NEW
NOTICE.
WE hereby give notice that ne
from the 1st January, 19
the business of the undersigne wil be carried on under the firm date of Hastings & Co.
HASTINGS, DENNYS &
BOWLEY.
1st January, 1988.
NOTICE.
Where and responsibility of E hereby give notice that the. Mr. H. L. Deanys in the undersi ed firm cesaed on the 31st Decembr 1932.
HASTINGS, DENNYS & BOWLEY..
1st January, 1989.
NOTICE.
have This Day opened my office as a Solicitor, Notary Public, Prostor, Conveyancer, Patent & Trade Mark Agent under the style of Dennys & Company My temporary office will be Chung Tin Building, Des Voeux- Road Central, First Floor.
Dated the 3rd day of January, 1933.
HL. DENNYS.
NOTICE..
[143
RTHUR PIERCY has this day
"been authorised to sign for tha
Company "per procuration ".
JARDINE, MATHESON'& Co., Las,
Hong Kong, lat January, 1933.
PARTNERSHIP.
[146
Bhoroby notify that as from
THE YULETIDE SPIRIT
White Label EST SCOTCH WH
OF GREAT AGE.
Dewar&So
DISTILLERS,
PERTE
A rare Old Scotch Whisky DEWAR'S, a Real Aristocrat blended and ripened men of skill and experience DEWAR'S stands supremely alone in its perfection of Bouquet, Flavour and Strength.
DEWAR'S "WHITE LABEL"
IT
NEVER
VARIES.
·Sole Agents:
A. S. WATSON & CO.,
LIMITED.
Established 1841.
DEATH.
political affiliations. But the man
W January 1st, 1933. Mr. B. F. Ho Iu-On Sunday evening, Jan. In the street, has heard little
Goldemith, M. I. STRUCT. E., M. I. M.
UY. B, ban been admitted as a part- ner in our firm.
!
DENISON, BAM & GIRBS, Architects and Civil Engineers.
[142
THE HONG KONG BRANCH OF THE ENGLISH ASSOCIATION.
The third mesting of the Session 1032-3 will be held
in the HELA MAT INSTITUTE, On TUESDAY, JANUR 1Y 3. (TO-DAY) 'at '5.30 P.M. MR. H. C. MACNAMARA will speak on "LIGHT VERSE"
C. E. R. CLARABUT, Hon. Scc. and Treasurer,.
The University.
NOTIFICATION.
[148
REGISTRATION OF BRITISH SUBJECTS FOR THE YEAR 1933.
HINDUS MOSLEMS.
AND SIKHS
FAIL TO NEGOTIATE AN AGREEMENT
"[THEOUGH" REGIAR'S ADRŠCY.)
CHINA LIGHT AND POWER CO.
NET PROFIT SIX AND A
HALF LAKHS
CHAIRMAN'S REPLY TO SHAREHOLDER'S QUERIES
Compensation Olaim,
DIARY OF LOCAL EVENTS
TO-DAY
(January. 3);
You will have observed a hole in the Balance Sheet as to the linbil ity for compensation to the late General Managers, the amount of which is contingent on the awaen of an Arbitration at present in progress. You will remember that Extraordinary General Meetings of the Company were held in March last at which an agreement with the General Managers was formally new tera; English Association, ratified providing for the assess Helena May Institute, 5.30 p.m. ment by Arbitration (with the Chief Justice as sole Arbitrator) of Kings: compensation to Messrs Showan,
time the Balance Sheet was issued,
(XII Moon 9th day)
St. Stephen's College, Stanley,
Theatres.
Con
"Alias Jimmie Valentine."
Italian Opera Company, Star
Theatre: Lucia de Lammermoor, 9.10 p.m.
Dances.
The Annual Meeting of Share CALCETTA, Déé, 31
holders of the China Light & PROTRACTED attempts to achieve Power Co. (1918), Ltd., was held
The Unholy Garden unity among Hindus, Moslemson' Saturday. and Sikhs, ty negotiate an agree
The Chairman, Mr. O. A. da Tomes and Co. for their relinquish Queen's Speak Easily ment in substitution of the British Roza, said: Gentlemen,The Gross ment of the office of General Mantral: My Pal the King, Tai Government's communal decision Profit for the year reached the agere. The hearing of the Arbitra. ping: Don't Bet on Women, given at August, appear to have figure of $1,066,206.86 (after de tion, which was in progress at the Majestic: "Dance Toom." Star. finally failed. PALA
ducting General Managers' eoni- The attempt is already repudiated mission to March 31 amounting to is still proceeding. The matter be by influential Moslems, including $97,388.18), and exceeds the gure ing to all intents and purposes, the delegates to the recent Round for the previous year by 8252,663,27, sub-judico, I am unable at this Table Conference in London. ter Previous year and lots stage to make any further refer
Ten Dances:-King's Restaurant, Bub Shaukat Ali, who partici-Account with Depreciation, Change once thereto.. Net Profit.
Hong Kong Hotel and Majestic pated in the parlay until he de of Voltage Expenses, Directors, parted on a lecture tour to the Auditors and Consultants Fees, The last item I have to mention Dancing Academy Dinner Dances: Restaurant, Peninsula, United States has through his etc., the Net Proft stands at the is the Net Profit for the year, name King's lieutenant, definitely broken off sum of $017,806.27, 14 against ly 2087,908.27 which, with 856,756.60 Hong Kong and Repulse Bay negotiations, declarmg no useful 8518, 144.77 last year. The largest brought forward from last year, Hotels.
Principal Malls, purpose will be served by prolong individual item charged to Profit gives a sum available for distribu- ing the dimension, maintaining and Loss Account is Depreciation on tion of $714,561.87. This amount Outward-Europe tu Guss by- there is no outward show of unity Buildings, Plant, Stock
and your Directors recommend be ap, Athos 11., 2.30 p.m.; America and Europe via Siberia by President CHINESE MINISTER TO
Coolidge, b p.m. AMERICA
THROUGH REUTER'S AGENUś.1
NANKING, Doc 31. THE Foreign Office has cabled to Washington making the consent of the United States Government o the re-appointment of Dr. Alfred Sze as Chinese Minister.
The consent of the American Government is generally, considered to be, a foregone conclusion,
A
S. AFRICA OF GOLD STANDARD
PRIME MINISTER'S MESSAGE TO COUNTRY
ORGANISED mance, assisted by
To pay a dividend of 60 cents per share on the "Old" Shares allotted" prior to October: 1. 1001, and proportional amounts on the Shares allotted
aubsequently
Change of Pressure and Frequency, propriated as follows: for which provision has been made - in the accounts before you to the extant of nearly $350,000." This provision is not altogether necea ti-” tated by the substantial additions to Fixed Assets during the past two years but is also diotated by a desire on the part of your Board to make generous allowance for de- preciation on all Fixed Assets. Your Directors feel that this is in the best interesta of the Company.
As you will have seen from the accounts, a sum exceeding One Mil- Hon Dollars was expended on Capital Account during the year Among the items under review. contributing to this large expendi ture are:
to that date, absorb ing about To carry
forward to Profit and Loss Ac count for 1982/1933.the balance amounting:"to About
$562,777,11
181,761.78 8714,301.87
The year under review; while
which it is possible that the Board" may have in mind making further issues in the near future, do you consider that the Company will be enabled to maintain the present dividend thereon!
Ans. We have every reason” to hope so.
Ques: What was the cost of the new reclamation at Kowloon Point where the main plant of the Com- any is located, and what is the Government development, covenant. in connection therewith t
Ans. :: $390,900; the usus) build-
(a) The acquisition of land and satisfactory in that we are able to ing covenant attaching to land buildings, and plant and ma present to you a good Report, has leased from the Government. The chinery, including part cost of not been without its-difficulties, and land is to be used for the purposes a new 60,000 lbs. Boiler;
as your first Chairman since the of a Power Station, (b) The cost of seawall and exten- business of the Company passed en-Ques. Was such reclamation sive reclamations at Taiwan tirely into the management of the undertaken with a view to provid and Taipo Market; and
Board of Directors, I can testifying additional space for extension: (0) Part cost of the New Terri- to the great deal of time and at of the main plant? If not, why
tories Transmission Line and tention which the conduct of the was it embarked upon 1
Ans. The answer to the first part Extensions.
Company's business has called for New Territorios Extension, from your Board. I am pleased to of the question is in the affirma- The Extensions to the Territories state that your Directors have re- tive. It should be remembered that Transmission Line consist of a ceived the wholehearted co-opers it was not a question of immediate Autau, from which latter point a the opportunity of paying this the very rear future; but the land when expansion, becomes neces-- further extension is being carried tribute of appreciation of their necessity of acquiring additional sary in a mensure dictated by care- to Castle Peak by way of Un Long loyal services to the Company. and Ping. Shan. This extension!
ful policy.
The Resolution
OTHER BUSINESS
{TRBACOM REUTER'S AGENCY.)
PRATORIA, Dec. 31. South African treason, forced uary 1, at his residence, No. 6, nothing of the commercial mag South Africa off the gold standard, Branch Line from Taipo Market to tion of the Staff, to whom I take extension or even an extension in Macdonnell Road, Mr. Ho Iu,. late Compradore of the Merates, the distinguished experts and declared Gen. Herzog, Premier of cantile Bank, of pneumonia professional men, and the Colonial the Union of South Afries, in his The funeral precession will leave administrators, who figure in the New Year's message to the African
people. 0, Macdouncil Rond, at 10.30.
Premier Hertzog refers to the is expected to be complated within a I will now put to the Meeting the am, and arrive at Yat Pit Ting present list. Of the new barona at 12.30.
Sin THOMAS HORDER, the famous deep wound and the national few days. From the terminal at following resolution, and when it
humiliation the people have suffer wanti an extension is in hand to has been seconded I shall be pless. The re-election of the Hon. Mr. physician is known, largely oned, and asserts that the present Shatankok, on the other side of the ed to answer questions that may account of his services to the Prime situation in respect to the gold New Territories from Castle Peak. be asked by share-holders
J. P. Braga and Mr. Lawrence. Kadoorie as Directors was pro finister, and the War generation standard is nothing short of We diall, therefore, shortly have That the Report and Accounts posed by Mr. B. M. Chura, as presented to the Meeting beeconded by Mr. A. C. Greaves, national dishonour, caused by the entirely complied with our under- remembers Sir GEORGE MUNE, the malicious trenson of antagonists of taking with the Government as re hereby adopted and passed, that and carried unanimously. Commander-in-Chief on the balonies | the Governicent.
gards the provision of a supply ur Premier Hertzog says, in his electricity in practically every im front, where the first great break
message, that the dishonour and portant centre in the New Terri in the forces of the Cortal Powers treason of others can do nothing tories. The erection of the Line came in Europe. The War is also but spur on the people to greater has been accomplished in a
endeavour and the Governinent to satisfactory manner in spite of the rocalled by the advance in knight-the fulfilment of the task entrusted very difficult country that has had hood to Sir CHARLES HARINGTON, to it. the hero of Chanak, when peace and war between Great Britain and Turkey hung in the balance. Sir CHARLES HARINGTON, it will be re- membered, showed rare coolness and diplomatie skill,
Editorial and Business Offices: 11,
Ics House Street. Tel. 30251. Night Editor (Wanchai Office):
Tel. 94811, London Office: 53, Fleet Street,
E.O. 4.
The Daily Press.
HONG KONG, JANUARY 3, 1933..
NEW YEAR. HONOURS
The most notable award in the world of art is the baronstey to
A Satisfactory Understanding. (THROUGH HEUTER'S AGENCY.]'
to be covered.
very
by Mr. ANiseim, seconded by Mr. H. J. M. de Figueiredo, and carried unanimous
a dividend of 30 cents per share The re-election of Messrs Lowe, on the "old" shares allotted Bingham & Matthews and Mesra. prior to Getober 1, 1931, and pro- Linstead & Davies as Auditors for portional amounts on the shares the ensuing financial year at a allotted subsequently to that date, remuneration of $1,800 each was be declared in respect of the
proposed financial year ended September 30, 1832, such dividend to be pay- able on January 30, 1900, and that the undivided profits of the. Company at September 30, 1932 The dividend, I would like to The Chairman, concluding, said: less such dividend, be carried mind you, is payable on Janu forward to the credit of Profitary 30, 1903, and coincides with the and Loss Account for the ensuing date of payment for the New financial year HEAT
I pre-war days, whon party, poli. Sin OWEN SZAMAN, for many years Reserve Bank for dealing with the the Balance Sheet, I may mention, been answered byr da Rosa, the behalf of the Board. -
the editor of that national institu- tion, Punch. "Punch is not what it was," is a British slogan, and a true one, but in a way that is not usually meant. Punch is alive,
ties were one of the staple amuse- ments of the British people, the pub.ication of an Honours List was. always the signal for a battle royal. A für larger proportion of THE attention of British subjects distinctions used to be awarded more alivo perhaps to-day than at obviously tentative, but it may the further issue of a similar num pects of the Company 1 Do you Kadoorie, and Mr. FelixAR
...
resident in the Canton Consular" for political and public services, district is directed to the provisions
of Article 215 of the China Order in of an unspecified nature, and these Council, 1925, which provides for the Foompulsory annual registration of all British subjects during the month of
January.
* British subjects are requested either to present their passports personally, for send them by a responsible British subject to this Consulate General be
any period of its career, because it moves with the times; it clings to no outworn forms and technique; like nature it rejuvenates itself and is ever young. Not the least of Sir Owen's achievements is to make Puach notable for clever and artistic advertising, of a standard,
We are well secured as regarde Sundry Debtora," who stand in the books at nearly a quarter of A million dollars, and it may
· JOHANNESBURG, Jan. 1. of interest to you to know that Though an official statement is practically the whole of this sum Bad hot available, it is authoritatively has already been collected.. stated that a satisfactory: ander debts last year amounted to the
This was seconded by Mr. G. U shares, an offer for which will in due course be sent to you through standing has been reached between trivial sum of $881.03. da Roze, and after a number of the post. It only remains for me
Turning to the Liabilities side of questions sent to the Chairman had the Chamber of Mines and the
to wish you a happy New Year on realisation of the gold output, that the Authorised Capital of the resolution was put to the meeting
It is believed that the co-opera Company was increased in Decem- and carried unanimously. tion of the gold-mining industry ber last year to $10,000,000 by the has been an important contributory creation of one million new shares
QUESTIONS factor, ensuring the resumption of of the nominal value of $5 each.
The questions and the Chair exchange. The present basis of Approximately 200,000 of these new man's answers were as follow: exchange, namely, 101 per cent. in shares have me be siled, and Ques: What are the future pros: assist in finding a natural level at ber will take place early next year anticipate that the Company will
by the offer to shareholders at pari an early date..
of one additional thare for every expand in the future at the same
(Secretary), and Mesars F. Austin six existing shares, held by them. ratio as in the past
Ans: The growth and prosperity Attorney for A. J; David), O. R. The sum of 3 per share will be payable on application; the bal- of the Company are wrapped up Benson, J. V. Braga, Parkson ance of #2 per share will be called in the growth and prosperity of
A. J. Edgar HM để p at such time as the Directors the Colony, regarding which you Chan, Choa Po Mir, 8. M. Churn, hall decide..
gentlemen are as competent as Figueiredo, A. C. Greaves, A Kit chell, Leung Wah Hing, Lo Kai Sundry Creditors at September Directors to judge for yourselves.
Ques. Bearing in mind the fact Wing, A. Jos A Lopes, A.-H. stood at the compararvely high at new capital issues bag been Mackenzie, A. Nissim, PD.. Potts, the conclusion of the third quarter of the fiancial year, show cipally represented by Capital addithe past few years, coupled with IL Rumjaho, P. N. da Silva, P.
fions contracted for, payment for that out of Even 800.000 ordinary
(Continued on next Oclúmn) M. N. da Silva and Yeung Yan
BRITAIN'S FINANCES
[BRITISH WINELÉAN. SERVICE.
RUGBY, Jan
Those Present Those present were Mr. C. A. da Roza (Chairman), Mr A E Compton, Bir Robert He Tung, Sir Elly Kadoorie, K.B.E., Hon. Mr. J. P. Braga, Mr. Lawrence Joseph (Director), Mr. O. Stral- ford (Manager), Mr. Noel Braga
wean, the hours of 10 a.m. to 1. p.m. adage, to him that hath shall be in its own line, with the rest of the DETAILS of National cash up figure of 8427,545.35, which is prin made from time to time covering B.. C. Randall, G. U. da Boza,A
were generally fastened upon as examples of the manner in which honours were being debased for party ends, Wealth and noble birth were too often the main qualifica tions. for added distinctions, an unhappy demonstration of the od spur to 4 pm, in order that the given." The Wer, and the two dorsement of registration may be years following it, were an ora of madde thereon.
lavish prodigality, when honours, of stantion, fa drawn to the irregu: the State ware broadcast in a impressive list, but Hong Kong's larity of entrusting British passporta manner that brought ridicule upon
any person not of British nation- two distinguished orders, and experience shown with what care alley and under no circumstances threatened the speedy extinction, of and restraint honours are alloited. hould these documents be transmitted by chit book or post.
* HERBERT PHILLIPS,
Conal-General.
HIRAM CHULATE GENEI
CANTON:
January 1st, 1933,
NOTIFICATION.
paper.
Colonial awards make a fairly revenue estimated to be received in which was not due at that date 1
far come to hand, an increase of
full year £101,332,000 has 20 9,790,300 over income at this time last year all awards and titles. Fortunately, We all know that a vast amount Expenditure,
reckoned t this form of squandermania bas long been checked, and during the of good service in accomplished in £787,431,000 for twelve months has including the siiking fund alloca last twelve years successive govern- Hong Kong, officially and untion of £101,000, o far tenolied ments have exercised a self-denying officially, but good service alone is £880,044,000, ordinance in the selecting of claim ante. The fighting of one or two not in these days sufficient to awkward bye-elections, or a dacilo secure recognition of this kind. obedience to party whips, ogether Duty honestly and faithfully done private matura (arranged in con- has to be its own reward, though are no longer given their former decorations. There can be no q sultation with the Chief Whip) certain offices usually carry routing The ordinary revenue rose during pred
the assessing i
receded
with considerations of a THOTE
Local and General
Rotarian, E. M. Ayrers of Zanes. Including way debt payment of ville, Ohio, U.8.A will be the £19,500,000 in gold made to the United States a December 15, speaker at today's meeting of the and which in sterling required Rotary Club at Gloucester Build £28,356,300, the total of outgois,ga is £300,000,000
ques the nine month
£20,207,323,
by
ing co
A train ferry across the Bosporus, duo to adve enabling passengers to travel from The total Calais to Asin without changing nearly trains, will be built as the result of Long con
En agreement between the Turkish work wIE | Government and a British group
The marriage will shortly take The concession will be for fifty-Owing to the bill' place between Michael O'Connell, years: The Simplon-Orient train ions which
runs from Calan
tamboul, effected at Police Sergeant of Quarry Bay where the passengers hav Station; and Miss May Hughes, of the boat to the Amadio side. hendo, duri **Seselde, --Rush, Co. Dublin, Ire the Tauras-Express runal to Syria, to Janmary land, who is en route to Hong Kong
with connections to Trag, Palestine, poad on the, 3.8. Nalderm
and Egypt
Dan The directors of Memory Dormna dan
DIPLOMATIC APPOINTMEN
【BRITISH WIRMESE (SERVICE.
AVe Yögrét."
Jan
The
of
Mer
of awartis that were always-tion of the local verdict upon the while expenditure intended to be in-rocognition of three honours announced yesterday,
to the Biate. In the RITISH Shipowners whose veeels real
ords of services by Sir The records for example, hostile are plying in the waterways present the Canton Consulat District oritio could not emulate the biting WILLIAM SHENTOR, Captain E. J.. Kersby reminded of the provisions irony, of "a famous London news B MITCHELL, O.B. E. and Chief Canton Consular District General paper, which printed laconically, Inspector PETER GRANT testify to ons of the 19th May, 1915 under the name of a new knight of their usefulness in their respective years ago;.' Brother of the Lord spheres. Often honours are award, racta from.
antime in lint when they are Honour
howeved.fesso no practical use to the recipient interest
tona retirement looms ahead. In this 1} thrẻo are young men, with;
ears of hisabead of the a-can bonour conferred by
ey
tha
Infstor Ple
the death Long. Fore of the nday eve