SERIOUS FRACAS
COOLIE DANGEROUSLY
INJURED
Riotous scenes occurred in Con- naught Roud Central lust night when two gangs of coolies anvago. ly attacked each other with sticks and bamboo poles, One man was fatally injured in the melce and several were arrested.
At 6 pm. the work of unloading vegetables from the Ching Fat, lying by the Kwong Wing whart was proceeding steadily, when sud. denly a man's scream rose above the babble of the workers. The foreman of the wharf coolles had discovered a street coolle stealing vogėtabico.
According to statements made to the police, the wharf foreman seized the thief and was leading him to tho palico station when a gang of the prisoner's friends rushed to the rescue. Tho foreman was Bur- rounded in a minute but he, too, had friends and in a few seconds furious battle was raging.
A
Bambog poles were waved In the air and brought down hard when- ever a suitable target offered. Move- able articles on the wharf were seized and flung about indiscrimin- ately.
Tong Tsat, the codie who is alleged to have atolen the vegetables fared worst. He received serious head Injuries when a terrifle blow laid him unconscious on the wharf.
The sudden shout of "Polico" caused a wild scatter. Most of the combatants escaped but several wore arrested.
Police inquiries were made Inst night by Inspector J. Murphy who is in charge of the case, and De- tective Sergeant J. Allen.
Tong Tent was taken to the Gov- ernment Civil Hospital where he is in
Ап a dangerous condition. operation was being performed in a last effort to save his life.
LESSON SERMON.
FIRST CHURCH OF CHRIST SCIENTIST, HONGKONG "Probation after death" was the subject of the Lesson-Sermon in all Churches of Christ, Scientist, on Sunday, October 23rd.
The Golden Text was: "Behold, now in the day of salvation." (11 Cor. 6: 2.)
Among the citations which com- prised the Leason-Sermon was the following from the Bible: "If in thin life only we have hope in Christ, we are of all men most miserable. But now la Christ rison
from the dead, and become the frat fruits of them that slept. For since by man came death, by man rame also the resurrection of the dead. The last enemy that shall be destroyed is death." (1 Cor. 15: 19-21, 20.)
The Lesson-Sermon also includ-; ed the following passages from the
Scienco Lext Christian
book, "Science and Health, with Key to the Scriptures," by Mary Baker Eddy: "If man is never to over- rome death, why do the Scriptures say, "The last enemy that shall be The tenour destroyed is death"?
of the Word shows that we shall obtain the victory over death in proportion as we overcome sis." (P. 427: 17-21.)
SHANGTUNG WAR
HOPES FOR SETTLEMENT OF TROUBLE SHATTERED
Nanking, Oct. 22. Hopes of a peaceful settlement of the Shantung affair have again. been shattered, following upon receipt of reports that Ian Fu- chu had launched a fierce artillery attack on Laichow, where Liu Chien-nien and several thousands his troops had been bottled up. It was announced from Peking only to-day that Han Fu-chu had realgned the Governorship of Shangtung, it being generally be lieved that his action was due to his inability to accept Nanking's orders to withdraw his troops to their original defence area.
Han Fu-chu's resignation was obviously a polite form of rofusal of the terms of settlement decreed by tho Control Authorities.---- Reuter,
CHILE RECOGNISED.
BRITISH AND AMERICAN RELATIONS CORDIAL
London, Oct. 22.
Sir H.. Chilton, British Am- bassador at Santiage, yesterday handed Notes to the Chilean For eign Miniator stating that the Gov- ernments in the United Kingdom, Australia, New Zealand and Canada were happy to enter into official re- lations with the Chilean Govern- ment as nt present constituted.
A similar Noto was also present- ed by United States Ambassador.
The present Chilean Government camo into power on September 15 when Scnor Davila was replaced. British Wireless.
MONDAY, OCTOBER 24, 1932.
THE
HONGKONG TELEGRAPH.
SUBMARINE FLOTILLA.
depart for England for ro-fit. She will be relloved In Eastern waters by H.M.S. Eagle, which is H.M.S. MEDWAY RETURNS TO】due to arrive early in January.
POPPY DAY FUND.
HONGKONG
Replacing Aircraft.
Accompanying the Medway were the submarines Osiris, Orphous, Odin, and Olus, the Pandora and Proteus having arrived on Satur- day afternoon.
It is understood that the Hermea
new
26 occasion, the function being term cream of their recent performces
26 ed an "Oriental Night." A truly at the King's Theatre.
BRILLIANT FUNCTION. Ing the music. In addition to the "Reveliere," who incidentally pro- miso to become one of the most FURTHER CONTRIBUTIONS RE-OPENING OF HONGKONG (popular dance banda in the Colony, music was provided for the walt ACKNOWLEDGED
HOTEL ROOF GARDEN
zes by Joo Futera's popular band. Interspersed between the Further contributions to the Over 400 gucats were presentdances were several items by Mr. In brilliant sunshine, H.M.S.
A the "Second Medway, accompanied by the sub-is to have the aircraft at present Poppy Day Fund are acknowledged at the Hongkong Hotel on Satur Martin Cave,
day night on the occasion of the Jolson," whose numbers, rendered marino flotilla, steamed into har-on board entirely replaced by now as follows: bour at B a.m. yesterday, returning types. At present she carries Previously Acknowledged $1,778 re-opening of the popular Roof in the true Jolsonian manner,
100 Gardon there.
The were vociferously encored. from her six-montha summer Flycatcher lighters and Fairey Hon. Sir Henry E. Pollock
60 Something entirely IIIF cruise to Wel-hal-wel.
Infamous Joy Fun Toy Company loft machines. Hon. Mr. J. Owen - Hughes reconnaissanco
60'social entertainment was provid-the spectators breathless with the These are in process of replace- Mr. F. A. Joseph ..
50 ed by the management for the magic of their several acts, tho ment by the Nimrod and the Hon. Mr. E. Taylor Osprey, the naval developments of Hon. Mr. T. N. Chau the Hawker Hornet and Hawker Mr. C. Pryco Hart, and with which the Hermes Mr.-W. G. Robertson
Mr. S. H. Ross The arrival of H.M.S. Bridge will be duly equipped. water
of H.M.S. to-day and
The aircraft carrier
Eagle, X. Y. Z. Cumberland to-morrow will prac-which relleves the Hermes in Mr. Nissim
at present Mr. R. C. H. Lim tically see the completion of the Eastern waters, is
Mr. E. J. McGann return of the whole of the China under repair at Devonport.
The senior R.A.F, officer in the Mr. T. B. Wilson Squadron, nominally stationed at Hongkong, from Summer exer- Hermes, Wing Commander A. W. H.M.S. Cumberland will F. Glenny, M.C., D.F.C., in one of cises. not, however, remain in Hongkong, the few holding such a position but will make her departure at who were formerly in the R.F.C. the end of the month for Home, where she will re-commission.
H.M.S. Hermes, the aircraft carrier, will arrive on October 31, and will be followed by H.M.S. Kent on November 10. The Hermen will only remain in port for a few weeks and will then
25 exotic Eastern atmosphere WAA Mr. Martin Cavo received such Protect the eyes of your children
25 provided by the decorations and a popular wolcome from the quand ask for the bast spectacle
225
the costumes of the
10
attendants.dience on Saturday night that the
setting and programme
and without doubt the cabaret Hotel has decided to retain his lenses-
were services for future tea dances.
enjoyed by everyone present. Singing in conjunction with
Dancing $2,178. throughout the
after 1 a.m., the new
Wing Commander Glenny passed Usually the senior officers in into the R.A.S.C. from Sandhurst the carriers have me from the in 1914, and came to the R.F.C. R.N.A.S. side of the R.A.F., but a year later. He received the the official policy has been to dis- M.C., a Bar to the M.C., the D.F.C., courage the division of the Force and the Belgian Croix de Guerre into compartments, the aim being for distinguished flying sorvices thot an officer should be capable in Franco, especially on artillery of flying any type anywhere. and photographic reconnaissance,
the
on "Revellers," this artiste promises Буде carried
evening until to become one of tho triumphs of dance or the forthcoming winter season in chestra, "The Revellers, provid- Hongkong.
A GENIAL THIEF-AN IMPLACABLE DETECTIVE
LIONEL JOHN
BARRYMORE
In "ARSENE LUPIN"
ZEISS
Punktal
Agents: CARLOWITZ & CO.
WHY NOT HAVE THAT EXTRA THIRD?
The natural laws of economics require an investor to secure the best return especially upon savings--- trust funds-consistent with safety.
The China Realty Company is one of the oldest (established more than 20 years) real estate companies in Shanghai with a steady successful record back of it.
Capital 35,000,000 fully paid in cash.
Businesss turnover 1931, 45,532,300 in land and mortgages only, which does not include manage- ment of estates, rent collections, insurance written. trustees for beneficial owners of property and sundry sources of income.
The Company are Realtors, not speculators in Real Estate.
The balanco shoot as of December 31, 1931 shows:-
Assets
Land and Buildings at cost Cash
CHINA-
REALTY COMPANY
8% DEBENTURES
INCOME
8% INTEREST VS 5% INTEREST MEANS ONE THIRD MORE
The following extracts are takon from the Chairman's statement at the last annual Shareholders Mcoting, February 20th, 1932.
"We feel that the Debenture holder from an investment standpoint, is just as much an interested. partner of the Company as the Common Share- holder and is entitled to his just return on his investment, and by the figures given on the two years' working. I think we have amply proven that we were right that our Debenture holders receive eight per cent. interest instead of six per cent."
"The most successful concerns of the future will be those who recognize this principle-that even banks will allocate to depositors a part of profits earned on their money over and above current rates of interests. As our balance sheets show quite plainly the proceeds from the sale of our deben-
tures is not used for the purchase of Real Estate, as we are not speculators, but for investment in first class mortgages, amply secured not only by the value of the property pledged as security, but as a further security the debentures constitute a first An claim on the total assets of the Company. analysis of the figures involved shows that every debenture has behind it assets equal to three times its value."
"If after careful consideration of actual facts and figures you are receiving less than 8% upon your investments and/or savings, you are not using judgment but following old customs, believing 5% and 6% are current rates."`
COMPARISON
Mortgage Department, 1930-1931 *% Average Average
Interest Commission. Value loaned rate
9.18% 54%
Excess Interest Over 8%
Amount Commission
Earned $122,316
$12,341,726.31
3,351,055.84 1,844,259.11
Year
1930 1931
Amount
10,052,040 19,194,857
Market Value of
Property 318,662,000 34,075,565
56%
9.33%
1.215% $118,614 -0.765%
255,291
#373,905
146,825
3269,141 373,905
Mortgages on Real Estate held by
Company Dec. 31, 1931
35,971,209 Total Debenture issue Dec. 31, 1931 4,840,700
by which it will be noted that all of the proceeds from Debentures are invested in Mortgages and
1,131,500 of the Company's capital.
In the past twenty years the Company has negotiated more than one hundred million Taels in mortgages, all of which has been repaid, principal with interest.
.--CUT OUT & MAIL TODAY
China Realty Company,
Secretary,
70, Szechuan Road, Shanghai.
Dear Sir,
Earned above 8% paid to Debenture holders $643,046
Of the above mortgages, there was assigned to investors:
1930 1931
6,532,660.00 313,223,545.00
A lower rate of commission existed in 1931 due to cheap money for the greater part of the year, As it is we earned 1.33% Interest in excess of from September, money commenced to tighten up.
From the above it will be seen
8% paid on our Debentures, in addition to 146,825 commissions. that our 8% Debentures are secured by first mortgages on 56.4% of value and backed up with $5,000,000 capital.
Please send me without obliga- tion on my part a copy of your last balance sheet and other information regarding your 8% debenture issue.
Name
Address
This is No. 45 of a series advertisements issued
to Interest Hongkong investors in the liberal Investment opportunities offered by the China Realty Company, Shanghai.
CHINA REALTY COMPANY
CAPITAL TAELS 5.000.000.00
FEDERAL
INC.. U. S. A.
THE REAL ESTATE MARKET PLACE OF SHANGHAI -
70#
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