HONG KONG DAILY PRESS. TUESDAY, MARCH 23, 1937.
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KEWI
TAN
KIW
KEWI
BLACK
BOOT POLISH
TAN
KIWA
See the KIWI trade mark on every tim pf shoe polish you
bay. It is a guarantee of finest quality polish.
KIWI
Agenta:
W. R. Loxley & Co. (China), Ltd.
YOU SHOULD EAT NESTLE'S QUICK OATS,
FOR GLOWING HEALTH
NESTLÉS
QUICK OATS
NOW ON SALE
ANNOUNCEMENTS
The following forthcoming wed-
dings are announced:-
Bat,ro
Estevao Bouza, bank
clerk, 3, Balfee Terrace, and Caro-
CONSIGNEE NOTICES.
HAMBURG-AMERIKÄ LINIE
NOTICE TO CONSIGNEES THE S.S.
"OLDENBURG"
having arrived from Hamburg and Ports of call. Consignees of Cargo are hereby matified that their goods are being landed and placed at their risk into the Hong Kong and Kowloon Wharf & Godown Company's godowns at Kow. loon, where delivery may be obtained as soon as the goods are landed.
Optional cargo will not be landed bere, unless notice has been given 48 hours prior to vessel's arrival, but carried on from port, to port to the final
of call to which the option
No Claims will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the 29th Mar, 1987, will be subject to
Beat
All broken, chafed, and damaged Goods are to be left in the Godos, where they will be examined on 27th Mar., 1987, at 10 am, by our Surveyors Messrs. Goddard and Douglas.
WHAMPOA DOCK REPORT
IMPROVED BUSINESS
EDUCATING THE ROAD USER
SAY
Chairman's Comprehensive Survey Meeting
A more promising state of the Company's affairs was report- ed by Hon. Mr. Stanley' H. Dodwell when he presided at the an- nual meeting of the Hong Kong and Whampoa Dock Co., Ltil. yes- torday. The meeting was held in the Company's offices and was well attended.
The gross Profit on working, $953.024.27, the Chairman said, was the largest the Company has had for many years. Further be added: "You will, no doubt, note with pleasure that in spite of having added to plant to the extent, of over $200,000.00 our overdraft has been reduced this year by slightly over half a mil- lion dollars." A dividend of six per cent, absorbing $121,752.00. will be paid
The Hon. Mr. Dodwell was sup- ported by the Hon. Mr. J. J. Pater son. Mr. J. H. Jessen, Mr. F. A. Joseph, Mr. S. T. Williamson, Mr. D. Drummond, Sir Robert Ho Tung, (Directors). Mr. E. Cock (Chief Manager) and Mr. E. L. Hosle (secretary),
gramme of the Government. These were only part of the total Bri- tish demand, and that, in turn, was |à small fraction of the world de- mand. The fundamental cause of the rise in price of these commo- ditles was neither armaments nor speculation, but rapid progress to- The following Shareholders wards economic recovery over & were present:
large part of the world.
W
Mesars. G. W. Sewell, G. V. T. Marshall, J. P. Ulderup.-F. H. Lose- by, Shum Hip Tong. K. K. Lo, K.
UNDUE OPTIMISM
"While the situation from our
H. Lo, N. V. A. Croucher, D. Fpoint of view holds more promise Lardale (Representative, Jardine
than it has for a long time, it Matheson & Co.), H. Owen Hughes would be folly to allow ourselves and F. H. Kew.
to be carried away by undue op timism. It is a situation which CHAIRMAN'S SPEECH nged's careful watching and one Addressing the meeting. Mr which I think I may rightly say, Dodwell" sald:---
is being carefully watched both by your Board and by your Execu- tive.
Government's
Experiment
800 MORE POLICE PATROLS
Ап
to
experimental scheme. "educate." by special police patrols, motorists, cyclists and pedestrians in road sense," "and thus reduce the number of accidents was out- lined by Sir John Simon, the Home Secretary, in the House of Com- mpons recently.
Sir John, replying to Sir W. Brass, explained that the experi- ment was being made after con- 'sultation with the Secretary for Scotland and the Minister of Transport.
The experiment, which was not aimed at more frequent penal au tions, Sir John stated, would be carried out for a limited period in! a few selected areas, including the Metropolitan Police District.
The recruitment of the patrols and the necessity for their spe- cial training would make it im- possible to put the full additional force on the ronds before the Autumn, but it was contemplated that when the experiment was in full operation it would allow for an increase of about 800 men.
increase
It was proposed, Sir John add- ed, without prejudice to any per- manent arrangement, that the cost of this 'experimental. should be borne by the Exchequer. CLOSE WATCH "The Minister of Transport and I are anxious," he said." "that it should be appreciated that whilst there is, of course, no intention of
"The Gross Profit on, working. 5963,024.27 is the largest we have had for many years. The Net "I can give no forecast except to Pront of $435,248.61, while appear-say that we intend to adhere to ing large compared with that of a conservative polley, and profits, other years, must be regarded as even if well earned, must be dis-relaxing the enforcement of the a moderate figure when the skilltributed conservatively if your in- and efforts of a large staff, both terests are to be protected, and the European and Chinese,
Company placed in a position to sidered. Stocks of material are make the most of fair or foul con- conservatively valued at $1,270,- ditions. 128.19 compared with $1,175,173.75 for 1935. Depreciation allowed is $133 435.78 and is considered im- pie.
are con-
"You will, no doubt, note with pleasure that in spite of having added to plant to the extent of over $200,000.00 our overdraft has been reduced this year by slightly over half a million dollars. Under circumstances your Board of Directors are of the opinion that a 6 per cent. Dividend, absorbing $121,752.00 may fairly be paid.
the
A WORD OF WARNING. To comply with the General Boaded "Shareholders are beginning to Warehouse Begulations consignees feel the benefit of the re-organisa- must have a Revenue Officer in attend ance when damaged dutiable goods are tion of capital carried out in 1935 examined.
but I desire to Issue a word of warning. Conditions are undoubt edly better but the improvement in our circumstances is principally to be attributed to the conserva
All claims must reach us before the 2 ad April, 1:37, or they will not be recognised,
No Insurance will be affected.
Bills of Lading will be countersigned by
JERSEN & CO.,
Agents. Hong Kong, 2 nd Mar., 1937.
NOTICE TO CONSIGNEES
OCEAN STEAM SHIP CO, LTD
AND
CHINA MITUAL STEAM NAVIGATION CO., LTD.
YONSIGNEES per Üc.'s Veséel
"HELENDS"
FROM UNITED KINGDOM VIA SINGAPORE
tive policy of the last four years, to the stabilisation of the Hong [5014 Kong Dollar at a fairly low figure, to a steady run of work through- out the year and to sacrifices ac- cepted in a very loyal spirit by our efficient staff; of this last you were informed at the meeting at which the 1931 Accounts were submitted. Our work is subject to very, great fluctuations in spite of all efforts to keep it steady and It is only prudent that we should protect your interests by establish- ing a reserve to call upon to meet some of the difficulties which as- sall us at times.
་
il
primarily to assist and educate the law, the experiment is designed road user and not to increase the number of prosecutions.
"The effect upon. accidents will "My predecessor, last year, refer- be closely watched. In order that red to bur Chief Manager's visit effective touch may be maintain- to Europe in general terms.' While
ed with the progress of the expert- in England, in addition to calling ment and the work of the patrols on almost all our most important generally, arrangements are being clients. Mr. Cock purchased for us
made for the appointment of a a giant crane at what has proved joint consultative committee which foundations of this most essential the Departments concerned and ä to be a very attractive price. The will consist of representatives of addition to our facilities are prac-number of Chief Officers of Police." tically finished. The crane wil stand in 40 feet of water at our East Yard and we hope that erec- tion will be complete before the end of 1937.
"Mr. Bell concluded with a state- ment which think is worth re- penting. He said "I do not know. what the future has in store but conscientiously believe the Rear- sansation of the Share Capital ad- visedly carried out last year-the benents of which have not yet
been fully felt-has placed the
a much healthier Company In position financially.
"My late colleague's bellet has been implemented
than most of us expected.
TRIBUTE TO STAFF "In conclusion, Gentlemen, I am sure it will be as much your wish as it is the wish of your Board to pay a tribute to the work of our staff.
Their ungrudging applica- tion to the manifold and arduous tasks set" before them has contri- buted considerably to bring about the happier and more promising state of affairs existing to-day. which we all sincerely hope may prove to be the beginning of bet- ter times for everybody connected with this important industry in the Colony
are hereby notified that their Cargo "Our overdraft is still large; there will be duscharged into Halta Wharf, Kowloon, where it will lie is still much money to be spent, at Consignees risk and subject to keeping ourselves up to date, par- Terms and Conditions of Storage atticularly in a new branch of our Holt's Wharf. The Cargo will be business-the manufacture of Die- ready for Delivery from Godown on sel Machinery-för which we now and after 22nd Mar..
wolf for engines of hold a sub-license from Harland & the well known Burmeister & Wain type. Your Board's decision, therefore, This was seconded by the Hon. to place $300,000.00 to reserve Mr. Paterson and carried unanim-
ously.
Optional Cargo will not be innded here, antess Notice has been given prior to Vessel's arrival, but carried on from port to port to the final port of call ta which the option tends,
All broken, alufed and damaged froods should receive your approval. are to be left in the Godowns, where they
"There being no other matter calling for comment, I beg to pro- pose the adoption of the report and accounts
OTHER BUSINESS
will be examined on any Tuesdays and "The large increase of shipbuild- Fridays between the hours of 10.45 Axing work in other parts of the and Noor within the Free Btorage period world, particularly in connection Proposed by Mr. G. W, Sewell No Claims will be admitted after the with Naval Construction, has re- "and seconded by Mr. F. H Kew, Goods have left the Vessel's Godown suited tri almost a steel famine for Messrs. D. Drummond and Law and all Goods remaining undelivered the time being. Prices of all ship-rence after the 29th Mar., will be subject to building commodities are rising. Directors
Kadoorie were re-elected
Kant
All Claims against the Vessel must We need and we have, fairly The re-election of Messrs, `J., H. be presented to the Undersigned on or considerable stocks and are well Jessen and S. T. Willamson to be before the 12th April or they will not provided for our commitments, Directors, was, confirmed on the be moognised.
especially for the new ships we proposal of Mr. J. P. Uiderup, sec- No Fire Insurance will be affected.
BUTTERFIELD & BWIRE,
have under construction, but we onded by Mr. K. EL. Agents.
have had to purchase some of our requirements at higher prices than we anticipated.
22nd March, 1937.
CATHEDRAL
[5013
WEDDING
" PRICES STILL RISING "In this connection you may have noticed that the Chancellor of the Exchequer was asked recently in the House of Commons whether he
A very pretty wedding took was aware that owing to the de-
Ina Silvestra da Silva, of 5,′′ place yesterday at 1 pm, at the mands of the armament program-
Jordan Road:
⠀⠀ Arthur. · George Parker, ship's
officer, Butterfeld and Swire, and Myfanwy Jones, en route to the Colony aboard the ss. Hector;
Ronald Thomas. Ching rental agent, 45, Kai Yee. Road, and Pong Shiu Jan, of 39 Kal Yee Road
The auditors, Messrs. Lowe, Bingham and Matthews and Messrs. Percy "Smith, Beth "and Fleming were re-elected at, $2- 000.00 each, Mr. N. V. A. Croucher making the proposal which seconded by Mr. D. F. Landale.
POLICE TRANSFER
Was
St. John's Cathedral when Mr. É. me and the manipulations of spe- culators, prices, of Iron, steel, and Mitchell and Miss E. W. M. Tilley non-ferrous metals were still ris- were united in marriage. The ing. Mr. Chamberlain's reply was Sub-Inspector A, J. Johnson, of bridegroom came to the Colony significant. He said that the post- the C.ID, West Point, has been tion was being carefully watched, transferred to the Trafie Office, from Manila and the bride camo but that the questioner attached Police Headquarters, Vice Bergeant from USA, a few days ago. The an exaggerated importance to the C. Mottram from Regular Duty to Rev. H. W. Baines officiated. demands of the armamente O- CLD, West Point.
Gordon's
and know what you're drinking/
ORDONS
DRY GIN DISTILLERY LONDON
NO COLOURING MATTER
NO INJURIOUS INGREDIENTS
Men's & Children's Warm Clothing Urgently Needed. Small Suits (men's) Sweater, Socks, Shirts Overcoats and Shoes.
HONGKONG BENEVOLENT SOCIETY-
Hon. Tres. Mrs. E. I. WYNNE JONES 408, The Peak.
די
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DIRECTORY & CHRONICLE
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(Published by The Hong Kong Daily Press, Ltd.) First Edition 1862, revised and enlarged annually
1937 EDITION
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