ам
SOME NEW CORDS
MMEND
New
Columbia proces RECORDS
Choose Your New Records from This List/
W. H. SQUIRE (CELLO)
L2115
TRUSSIAN SERENADE · {SHERZO
THE BROKEN MELODY
L2127
1 DRINK TO ME ONLY
(HANDEL'S LARGO
L2128
HUMORESQUE
L2095
(MELODIE IN E.
[PLAISIR D'AMOUR ·
ANDARTE RELIGIOSO
L2060
REVERIE
£2059
ANDANTINO
MELODIE
L1759
SLUMBER SONG SICILIENNE
(Song of the soul.)
Anderson
Kom Music
"Just think of it-
no bother at all"
The "Now World" oven turns cooking from an art to a scienco The “Regulo" control dial keeps the oven heat just right for the work in hand. You may be miles away, but your meal will be perfectly cooked. The cooking chart tells you the figure at which to. set the dial, and the time for cooking. The Regulo" does the rest, and does it perfectly. If you make no mistake in preparing the food, nothing can prevent perfect results. The "Now World" is AUTOMATIC, Thore is no guessing the heat. No watching, and no waste of gas.
Soo
опо
of
these cookers
to-day at the Gas Showrooms.
16A, Des Vœux Road, Central.
HONG KONG & CHINA GAS Co., Ltd.
Phone 0.47 ́or K15.
GAY KEE,
Banitary Merchant ♬ Englaser,
DAVID HOUSE, Hongkong,
THE HONGKONG TELEGRAPH,
MONDAY, FEBRUARY 18, 1929.
CHINA AND JAPAN. BANK OF EAST ASIA.
THE BREAKDOWN OF THE NEGOTIATIONS.
THE YEAR REGARDED AS HIGHLY SATISFACTORY: -
Shanghai, Feb. 16. The tenth ordinary yearly meet- With reference to yesterday's ing of the Bank of East Asia, Ltd., loader in the Daily Telegraph, Dr. Was held at the Chinese Merchants' C. T. Wang (Nationalist Govern Club, 5th floor, China Buliding, on ment's Foreign Minister) inter- Saturday afternoon. The Hon. Sir Shou-son Chow presided, viewed by Reuter, says there is no and there were present Messrs. truth in the report that he is pro Koon Chun, P. K. Kwok, Kan posing to open negotiations for the Ying Po, Chan Ching Shek, Wong retrocession to Chins of the Lega-Yun Tong (Directors), Kan Tung tion Quarter in Peiping..
on erroneous
Dr. Wang added that the rea- sons given by the Telegraph for the breakdown of the Chinces and Japanese negotiations were baseit entirely
informa- tion. The "assurance that the National Government would give full protection to Japanoss lives and property after the withdrawal of Japanese troops from Shan- tung had been more than once officially given by the Chinese Government and secopted by Japan. It was quite another mat- tor that had caused the present deadlock, but the cause had been withheld from the public at the request of the Japanese represen- tative."Reuter.
Po (Chief Manager), Li Tse Fong (Manager), Chow Chi Nam, Kwok Sui Lau, Chow Tung Sang, Li Las Song. Ling Man Lal, K. K. Leo, LI Tung, Mrs. Tang Shau Hing, Mrs. LI Tang Shi, Pun Hui Cho, Kwok Ching Tong, James N. Wong, G. K. Kwok, P. K. Sck, and many others,
The Chairman, addressing the meeting, said:
Ladies and Gentlemon. The re- port and statement of accounts for the year 1928 together with the auditors report having been in your hands for some time, I will with your permission take them on read,
The result of the year's work ing, including $404,041.59 brought forward from the previous year, shows a nett profit of $1,230,683.35 A London 'telegram of Feb. as compared with $723,322.64 for stated: The Daily Telegraph has 1927. This result, I think share a leader on Dr. C. T. Wang'a roholders will agree with me, is ported proposal to open negotia-highly satisfactory.
Hons for the retrocession to China As regards the balance sheet I of the Legation Quarter in Pal-think there are only a few items ping. It is unhappily characteris showing important changes that I tic of the diplomacy, the Daily Tele-need comment upon. graph says, which Dr. Wong directa There were slight increases in at present, to go out of its way- both loan and bill accounts. But even to defeat its own objects to as your Directors have always assert a position which the world pursued a conservative policy in knows to be fiction. For example, these lines of business, I think the leading article goes on to say, you will agree with me, the rate nothing is more evident of the of increase "under the circum- rital interest to. China than the stance is very gratifying. It is, establishment of good relations however, the hope of your Direc- with Japan; yet the Tainan nego- tors that with a better prospect tiations have broken down precise of peaceful conditions in China ly upon the point of the Chiness in the near future greater oppor- Government's refusal to admittunity for investment will be avail- that the Japanese in Shantung aru
able for the increased funds on not absolutely protected by its trusted to us by the Public, sole guarantee of their, security.]
No More Concessions.
TOO COSTLY?
SENSATIONAL REPORTS ON AIRCRAFT CARĶIERS.
New York, Feb, 17. Sensational newspaper reports to the effect that the new thirty-three thousand ton aircraft carriors Saratoga and Lexington, which cost. G$86,000,000, are destined for the "junkpile," owing to the Cost of operating them have undoubtedly Induced the Navy Secretary, Mr. Wilbur, to state that the aircraft carriers will continue In active service so long as money is avail- able to operate them.
He adds that a recent suggestion that Congress should decommis- alon them would be "almost calamity."—Reuter's American Sor-
vice.
A
velopment. During the past › ten years the Hank made a total profit of over $6,800,000.00, of which after a sum of $4,600,000.00 was distributed as dividend and bonus to shareholders and staff, $1,500,- 000.00 was transferred to General Reserve $300,000.00 was sof asido for depreciation, there is a balance of over $400,000.00 remaining as undivided profits. The total de- posita on 31st. December, 1928 was about $10,500,000.00 as against about $4,000,000.00 in 1910. The number of staff was Increased from the very small figures of 18 persons in 1919 to about 200 at the present moment.
With these few remarks, I beg to propose that the #eport be adopted, and that the amount. standing at the credit of Prost and Loan Account be dealt with as follows:--To pay a Dividend of $6.00 per share on 50,000 shares absorbing $300,000.00; to pay a bonus of $2.00 per share on 50,000 shares absorbing $100,000.00; to transfer to Reserve $800,000.00; · to pay a bonus to Directors, Ilold
sharea and the ers of Founder staff $78,898.70, to write off Furniture and Fixtures $49,984.86: to carry forward $401,740.74; a total of $1,230,633,35. After this The Directors feel that you will has been seconded I will endea. endorse their policy in transfervour to answer any question and ring the sum of $300,000 to Gen- give any explanation you may de- eral Reserve, thus bringing same sire. to a total of $1,500,000.00.
A Sound Policy.
Mr. Kwok Siu Lau seconded. No questions were askod and the adoption of the report and ac-
TO-DAY & TO-HORROW at 2.30, 5.20, 7.15 and 9.15 p m.
"Smooth as Satin
STARRING
EVELYN BRENT
A Thrilling story of the underworls from Bayard Valllor's great play. With Evelyn Broat in her greatest role.
AT MAJESTICA
THE
TO-NIGHT
Nathan Road, Kowloon.
TO-NIGHT
MONDAY, 18th February.
FIRST GRAND COMPLETE
CHANGE OF PROGRAMME.
at
HARMSTON'S CIRCUS,
Praya East Reclamation, Wanchai.
ALL NEW ACTS ALL NEW ITEMS
Not a Dull Moment: One Swing from Start to Finish.
Second programme better than the first,
Wo. have, in accordance with counts was carried sinanimous Watch Where The Crowds Go,
Tokyo, Feb. 16. Though official circles are re- ticent, it is intimated in well-in- formed quarters that instructiona have been despatched to Mr. Yoshizawa nointing out that Japan has already made consider able sacrifices in consenting to a mutual expression of apologies in regard to the Tainan affair, for which she is not prepared to make further concosafons, She insists that the question of compensation
The total of cash available at and damages be settled now, ip- stead of putting it off for a sopa-call together with the amount of rate nettlement in the future. bullion on transit represents about 80% against our abilities on
Tung Sang seconded by Mr. Li Lan On the proposition of Mr. Chau
our practice, written off $65,067. 02 from Bank premises account; and in addition to the usund de-Sang, Messrs. Percy Smith, Seth preciation of Fixture and Furnitors for the ensuing year.
and Fleming were re-elected au- ture the Directors are asking your approval to-day to write off a further sum of $49,984.85 thus re- ducing this account to a very low figure of $15,000.00,
It is expected that Mr. Yoshi- current and deposit accounts. zawn will convey these views to which is an indication of the sound Dr. Wang, and it is, therefore, un-polley your Directors have adopt derstood that the outcome of the ed next meeting will be awaited with special interest.-Router
OBITUARY.
MR. MELVILLE E. STONE.
New York, Feb. 16. The death is announced of Mr. Melville Elijah Stone, former General Manager of the Associated Press of America,--Reuter's can Service.
Siam's Loss.
The Hague. Feb. 16.
Tenth Anniversary of the Bank.
On Saturday, the Bank of East Asin celebrated its tenth anniver sary and two receptions were held, at which many of the bank's patrons and friends attended.
The bank's premises in Des Voeux Road Central were draped in greenery and flowers, and from every window, a flag was holsted. At 8.30 a.m., in necordance with The Directors are very glad that Chinese custom, a long string of they are able to recommend thecrackers was fired and at 11 a.m. payment of a bonus of $2.00 per a reception was held in the pre- share which, with the usual divid-mises of the bank. end of $6,00, will make a natt re- turn of 8% on your capital.
In order to cope with the de. mand on our anfe deposit boxes it is the Intention of your Directors
Amongst those present were Sir Robert Ho Tung, the Hon. Mr. W.. E. L. Shenton and a large number of the Bank's patrona and friends, including the managers of prac
to make, during the present year,tically, all the foreign banka, the an additional installation of these boxes in the Head Office and to build a new safe deposit box vault at our Kowloon Branch.
heads of many Britishy commercial houses, the bullion brokers, the share brokers and members of the legal branch.
That the Directors are able to In the afternoon, following the Ameri-present such a satisfactory nc annual meeting of the Bank, held count of the result achieved in in the premises of the Chinese the past year is, as I am sure you Merchants Club, a large number will appreciate, due to the good of Chinese clients and friends of work done and ability shown by the Bank were entertained at a the staff in all our branches, Tatea party, visitors being generous- The death has occurred of Mr. this connexion I wish particularly ly and courteously treated by the W. B. S. von Steen Callenfels, to mention the good work of our bank's executives and staff. Chief Engineer, Stam Navigation Chief Manager who, for the great- Department whilst on furlougher part of 1928, stayed in our most Reuter.
New York, Feb. 16. Mr. Elihu Root aalled on his 84th birthday en route to Geneva to participate in the deliberations of The Committee of jurists to con sider amendmenta to the statute creating the World Court.-Reu 'ter's American Service.
important branch in Shanghai to
direct its welfare with most satis-Stop Itching
factory results,
this
The Growth of the Bank. As the Directors are holding a reception to shareholders and clients immediately after meeting in colebration of the 10th Anniversary of the Bank, I will take this opportunity to mention certain facts relative to its de-
Skin Troubles
A Real Antiseptle Gets Results Momma, obaled, alių, spaber, and viher ida postes nickU MASI 10 LATOL. This purs tools ing liquid penetrate the skin, soothing and host- dog the Breizažai ilaraen. ITCHING broVE IN- STANTLY. LATOZ clear und jenislam. Try ana bocile to make a tampliant skin class. Mada la 1. 3. A, and sold to aŭ mod druzzleta. (016- tributors Mutine Ma Phipps, Kinkârdhanghai- Bone Rong).
And Follow. Booking plan at Moutrio's.
THEATRE ROYAL
THE HONGKONG A.D.C.
Presents...
"ON APPROVAL"
19th, 21st, 22nd, 23rd, and 26th FEBRUARY,
BOOKING AT ANDERSON MUSIC CO..
Reserved Seats $3;
Use
PURICO
THE UNEXCELLED COOKING FAT
Dbtainable st
AJ GROCERS & STOREKEEPERS
Agents:— KELLER, KERN & CO., LTD. 18, Jonnaught Road,
Telephone U. 120,
*Below' par”
If you are ran down snd far from wellne try SCOTT-S Emulsion.
It builds up the body
hond the lungs and tones up the system. Ask for
SCOTT'S Emulsion
*The protector of life
SALESMAN SAM
BUSINESS HAS BEEN S0 ROTTEN GUZZ, THAT IT HAS SET METR DOIN' SOME) TALL THINKIN'-WE GOTTA WORK SOME NEW IDEAS
TA.GET.TRADE- :
WELL, YOUR THINKIN' IS
A NEW IDEA, TA BEGIN
WITH!
CUT TH' SARCASM – ALL WE DO IS SIT BACKAN' COMPLAIN, AIN'T IT? SURE! AN' DOES THAT GET US ANYTHING? NO! WE NEED SOME NEW SNAPPY IDEAS, DON'T WE?,
ABSOLUTELY!
Wouldn't You, 700?
(MABSE YOU'RE RIGHT BUT
DON'T BUTT IN- I'M SATISFIED YA CAN'T WAIT FER CUSTOMERS TA WALK IN-YA GOTTA GO OUT AN' GET 'EM-YA GOTTA TOOT HER OWN HORN THESE DAYS-TER
DERN TOOTIN'!,
ATTA KIÓ, SAMMY! YOU'VE BEEN USIN YER, NOODLE-AN' NOW,
HOW IN BLAZES ARE WE GONNA CARRY OUT YOUR
BRILLIANT PLAN?
SKIP
IN SKOOT
OUT
THAT'S WHAT I'D LIKE TA
KNOW !
BÝ NEA LERVICE:
By Small