THE HONGKONG TELEGRAPH.

AMERICAN PIONEER LINE

Operated for

UNITED STATES SHIPPING BOARD

by

ATLANTIC, GULF & ORIENTAL STEAMSHIP COMPANY,

S.S.

OAK PARK,'

Sailing April 20th.

FOR

Boston, New York and Phlaadelphia via Suez.

For freight and further particulars Apply to:

LAGER BEL

ADMIRAL ORIENTAL LINE,

Agents for the Orient, Hongkong & Shanghai Bank Building, Telophone Contral 2477, 2478 and 2479,

ASAHI BEER

BREWED BY

DAI NIPPON BREWERY

Co., Ltd.

TOKYO

JAPAN

Specially Brewed for Export

Sole Agents--

Mitsai Bussan Kaisha, Ltd.

HJNOKON

UNDERWOOD · TYPEWRITERS

PORTABLE MODEL

Weight only 8 lbs. complete in travelling

case.

MINIMUM WEIGHT. MAXIMUM SERVICE.

Price H.K. $112.50 Nett.

The machine YOU will eventually carry,

DODWELL & Co., Ltd.

Office Equipment Dept. No. 1 Duddell Street Telephone 4689 Central,

W

WESTINGHOUSE, ELECTRIC

FRIDAY, APRIL 3. 1925.

M. Y. SAN AND CO.

CRISIS NOT DUE TO BAD

BUSINESS.

seriously threatened. In Shang- bal, Singapore and the Philippinca similar action had to be taken to protect the business, involving larga commitments.

last year About September An extraordinary general moot- ing of Messrs. M. Y. San and Com-rumours were oct afloat by mis- pany, Ltd., was held at the office chlovous persons about the stand- of the Company at Queen's loading of the firm with the rosult Central yesterday afternoon for that a flood of applications for the purpose of considering and, if withdrawing deposits came to the deemed expedient, passing the 'fol office. The Directora did evory- thing possible to allay anxiety, dut lowing extraordinary resolution:

"That has proved to the with little success. Means were Butisfaction of this meeting that devised to pay out to the depositors the Company cannot, by reason af and already a large sum of money Its abilities, continue business, had been paid out. The sudden and that it is advisable to wind up drain caught the Directors un- the same, and accordingly that the wares. Eventually payment had company he wound up voluntarily to be suspended, this taking place and that Mr. Lau Yuk-wan, of 101 after one of the depositora nad Wing Lok Street, be appointed fled an affadivit to the Low Courts liquidator for the purpose of such against the Company. winding-up."

Mr. Choy Hing, one of the Directors, presided over a very large attendance of shareholders.

Crisis Not Due to Bad Business-

Mr. Choy Hing emphasised that it was not due to bad business in

any way that the Company found

THE EAST ASIATIC Co., Ltd.

COPENHAGEN,

Regular Freight and Passengers Service for Bangkök?" Hongkong, and return. Expected on or

8.5. "Banka"

(1684 tons) M.S.Bintang "

(2777 tone)

about.

in port.

18th. April,

will leave for Bangkok

For further particulars pleasd apply to:-

direct on or about.

4th. April.

23rd. April.

Bubject to change without notice.

JOHN MANNERS & CO., LTD,

Agents.

THE EAST ASIATIC Co., Ltd.

COPENHAGEN.

The M. S. "AUSTRALIEN '

9:

itself in its present position; in will to loading for Marseilles, Barcelona, Valencia, Rotterdam,

The Chairman, speaking of the history of M, Y. San and Company, fact the firm stiil had a very bright said the firm started from humble future and prosperity would con- beginning. It was founded by Mfr. tinue if they could tide over their Ma Yuk-shan. The business present difliculties. As an illus Chairman said at gradually extended, so that they tration, the now had branches in many impresent the Company's factory had portant cities. The financial post-in hand many orders for biscuits tion of the firm had always and and other supplies, theas totalling was still very sound, as evidenced $140,000. There had always been by the handsome dividends which a good demand for cakes and by shareholders received every year.!

other things manufactured The Company had always paid out them. "The marriage cakes of M. Y. Sau and Co.," said the Chair- dividends in February, much

far and earlier than other firms.

man, "are well-known wide. Frequently have we heard of complaints, when our staffs cannot execute orders with sunt- cient despatch, that the delay may they could be tided over, but for cause the breaking off of ongage-

First Financial Stringency, Some time last year financial difficulties were experienced, but

these were of such nature that

which ments."

(Laughter),

with

The Chairman regretted that after Buch a successful career the firm should be confronted this unfortunate crisis. He hoped shareholders would do their lovol best to help the firm out of the -difficulties,

certain insidious rumours suddenly sprung up, as it were, about the firm's financial position, as the Company had then some thing like one million dollars in capital. The stringency was due to excessive investments in pro- perty, but what had been done was

The resolation was put to the one under necessity. Last year they purchased a block of fourteen meeting and was carried, on the houses, including the present proposal of Mr. Lai Ye-chan, Mr. Wong Kwok-sun was appuiut- ed associate liquidator for tho Several shareholders Company. were appointed to intercede with the creditors with a view to ac- cepting such a compromise as to enable the firm to re-open,

HONGKONG, CANTON & MACAO STEAMERS Holyoak, Massey & Co., Ltd, premises of the Company, for the seconded by Mr. Wong Wing.

JOINT BERVICE OF THE HONGKONG, CANTON AND MACAO STEAM- BOAT CO., LTD. AND THE CHINAĔNAVIGATION.CO., LTD.;

HONGKONG - CANTONELINE Salling-To Canton daily at Ba.m. and 10 p.m. (Sundays 10 p.m. only) From Canton daily at 8 a.m. and 5 p.m. (Sundays 5p.m. only)| SERVICE OF THE NONGKONG, CANTON & MACAO STEAMBOAT CO., LTD. HONGKONG –ZMACAO LINE

Bailinge to Macao-Daily at 8 a.m. & 2 p.m. (Sundays_9 a.m. only) Sailings from Macao-Daily at8 a.m. & 2 p.m. (Sundays 4.p.m. only)

Further Information may be obtained at the Company's Office, 4A. Doa Voux Road Central, Messrs. Thos. Cook & Son Ltd,, or the American Express Company Hongkong.

MELACHRINO

EGYPTIAN CIGARETTES

NEW SHIPMENT

JUST

No. 4 $4.75

}

No. 9 $2.75

ARRIVED

per tin

of 100's

ABAQUERIA FILIPINA

LEADING TOBACCONISTS IN THE FAR EAST

DRINK

MALTED

MATTED MILK

MILK

BE SURE

IT'S

NESTLE'S

Distributors.

Queen's Blds.

Tel. C.673.

MASSAGE

Mr. N. AKAJI, Mrs. E, AKAJL. Graduate of Tokyo marauge School No. E, Haiphong, lid. 2nd floor. Kowloon Telephone, K.1201.

purposes of business expansion. It was more or less a bargain. They paid $720,000 for the pro- perty, which, according to the pre- vailing market value, was worth about a million dollars. The pur- chase of these houses was of para- mount importance to the future prosperity of the Company, be- were ac- cause if the property quired by another party the exis- lence of the Company would be

The statement of accounts of ahows # credit the Company balance of $269,076.70. The assets amount to $4,500,660.70, und the liabilities $4,231,581,

THEATRE ROYAL, TO-NIGHT at 9.15 p.m. JAMES MCGRATH, LTD. presents "LONDON RECORD" REVUE Stars- LEE WHITE & CLAY SMITH & ENTIRE LONDON COMPANY including Miss LEE WHITE'S famous "LITTLE PEACHES"

o-night & Tu-morrow, April U & 4 at 0.15 Miss Lee White's Latest London Production.

"VOGUES OF 1925"

MONDAY, April 6th, at 9.15. An Ultra-modern Batirical Revue.

"SCANDALS"

TUESDAY, April 7th, at 0.15. Miss Lee White's famous West-und Succosu.

"BACK AGAIN" WEDNESDAY, April 8th, at 9.10. Another Leu White Personal Success. "BRAN PIE"

PRICES: $5,00 $3,00 & $2.00.

FRECKLES AND HIS FRIENDS

WHAT RESOLUTIONS DID YOU MAKE FOR THIS YEAR, ALEK

OH, LOTS OF 'EM

NOT T'SAY ANY BAD WORDS AN' NOT T' TALK BACK TAY MOTHER AN NEVER TO PLAY HOOKEY

FROM SCHOOL

HOH, WILLIE! WE

WUZ JUST TALKIN' ABOUT

TH NEW YEAR RESOLUTIONS

WE MADE FOR THIS

YEAR ---

THURSDAY, April 9th, at 9 15. The First Musical Comedy seen for Jears in the East, "THEGIRL FOR THE BOY" FRIDAY, April 10th, at 9.15. FINAL PERFORMANCE! All the Sonnen's Big Hits POT POURRI

Notice: Owing to Steamer sailings the final performance will be on Friday 10, instead of Saturday 11th, All seal booked for Satur day may be rebooked for Friday.

Booking at Moutrie's.

Amsterdam, Hamburg, Copenhagen and other

Further Sallings :-

M.S. "Asia"

M.S." Java

M.S. "Afrika"

Hoandinavian ports about

7th of April 1925.

Expocted on or Will leave homewardbound

about.

on

or about,

7th April

25th April 20th May

10th May

M.S. "Peru"

Bubject to change without notice.

For further particulare please apply to

百盛

15th. Juno

JOHN MANNERS & CO., LTD.

Agents.

'ITALIT”

Asbestos Cement Corrugated and Flat Roofing Sheets

Is the only manufacture of its kind which has secured a

GOLD MEDAL

Unsurpassed for its strength,

durability and coolness. Stocks Carried

SHEWAN

TOMES & CO.

Sole Agents.

Apply Import Dept.,

St. George's Buliding. Telephone C. 781.

WHY LET THAT COLD TROUBLE YOU

When you can obtain speedy relief by taking PHOSPHO-QUININE TABLETS

SIMPLE-SAFE-RELIABLE Obtainable only at

THE COLONIAL DISPENSARY

14, Queen's Road.

Telephone C. 1877.

HONGKONG HARDWARE CO.

"TAI LEE CHAN." ESTD. 1884

METAL GOODS and HARDWARE,

Tel. No. C. 1993.

Willic Has Them in Reserve

Y DIDN'T? WHY

NOT?/

I DIDN'T NEED

ANY!

HOW

So f

DID YOU MAKE ANY NEW YEAR'S RESOLUTIONS,

WILLE

NAAH!

119 Jervols Stroet

BY BLOSSER

WHY, I AIN'T USED TH ONES I MADE LAST

YEAR YET!!

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