Huge Profit Shown By H.K. Electric
Final Divident. And
Bonus Total $2.50
At the ordinary yearly meeting of shareholders of the Hongkong Elec- trie Company. Ltd., to be held on Thursday, March 10th at 11 am, the directors subject to audit, will recom mend that the balance avaliable for distribution be disposed of as follows:
pay a
a final divklend of 81.00 per share mak Ing, with the interim dividend of $1.00 per share paid on Septem-
Το
ber 9, 1937, n
Lotol
$2.50 per share
600,000 shares.
To pay. a bonus of
cents per share
600,000 shares..
To place to Reserve
To
carry forward
next account.
of
сл
00 on
$1,500,000.00
JAPANESE FAIL TO TAKE WEIHWEI
(Continued from Paga. 1.)
element. Leaders and soldiers alike
appear. to be confident.
Preserve No Base General. Li Chung-jen's chief of slaft told me that the difference between this strategy and that prac-. tised by the Eighth "Red" Route Army, lies in the fact that the latter holds no district as a base, but keeps moving constantly.
When I pointed out that the Eighth Army holds the Tahsin mountain district he expressed the belief that If the Japonesa sent a large force against them there the Eighth Army would move west..
This new strategy is not guerilla warfare. It has all the elements | of frontal fighting, flanking and defence movements, and mobile attacking units as well as guerlila troops are included in the scheme, 300,000.00 | -—United Press. 100,000.00
200,002,20
$2,106,002.20
The Company has benefited through the abnormal conditions obtaining during the latter part of the year
1037,
New Vessel Launched At Taikoo
CONSTRUCTED FOR CALCUTTA PORT COMMISSIONER
of
Construcled to the order of the Commissioners for the Port Calcutta the Pathfinder was success- fully launched at Talkoo Dockyard yesterday afternoon.
The naming ceremony was per- formed by Mrs. T. S. Morrison, wife of the Senior Surveyor for Lloyd's Register of Shipping in Hongkong.
The Pathander was built under special survey to Lloyd's highest class and Board of Trade requirements, and will be used for carrying out river survey work, inying buoys and attendance on shore stations the River Hooghly. Speed in service will be 12 knots,
Mander Asks If U.S. Will Share Docks
The
Chinese To Cross Hwai River
Chinese
Hsuchow, Feb. 18.
forces on
|
THE HONGKONG TELEGRAPH FRIDAY
AUSTRIAN CRISIS, HAS TRAMWAYS MAKE BIG WIDE REPERCUSSIONS
(Continued from Page 1.)
ject to an enlargement of Nazi in were not prepared, to vigorously ob
fluence in Austria.--United · Preis.
Initiating Roforms
Berlin, Feb. 18.
Herr Seyssinquart, one of the Nazl "strong men" of Austria who has been elevated to Cabinet-rank as a result of the pressure put on Dr. Kurt von Schuschnigg, is here to confer with Herr Adolf Hitler. He has mapped out his programme. It is understood it entails intense "nazi- neation" of Austria in every field, including the military, poitical, economic and cultural.
|
PROFITS
$1938.
FEBRUARY
RADIO
(Continued from Page 1.J BROADCAST
carried during. Jubilee week 1930 by 323,000 or nearly 38, per cont.
Owing, however, to the higher fores prevailing In 1935 the receipts for Jubilee week were higher by $2.262 or 4.6 per cent, than during Coronation week.
Compared with 1930 last year's re- ceipts were higher by $305.530 whilst the car-miles, rose from 3,051,845 to 4,124,418 or by approximately 13 per cent.
The year's net profit rose by $220,094 or a fraction under 42 per cant.
Fine Programme From Studio
REV. C. B. R. SARGENT
Radio Programme Broadcast by Z.B.W. on Frequencies of 845 k.o's.
32 m.e's. per second,
0.00-7.00 Chinese Programme. 7.00 Variety and Dance Music, Stompin' At The Savoy (Goodman, Webb, Sempron); Swing. Mister Charlie (itobinson, Taylor, Brooks)
Judy Garland (13 years old- Vocal); Big Chief De Soto-Novelty. Fox-Trot; Cross Patch-Fox-Trot.. Bob Crosby and His Orchestra; There's No Ong With Endurance ..Frank Crumit
Except for the Coronation festivi- ties it is to the abnormal traffic during the last four months of the year that It is understood the programme was further elaborated following, M.
we must look for an explanation of Seyrainquart's revelation that ap-
these remarkable figures. Other parently the danger of forceful re-people's troubles are largely respon-Crumit, Curtis); Whos, Jorephine afstance had disappeared, Well-in-
sible for the benefits that have se- formed quarters state that Vienna.
crued to us. These benefits will not has agreed to permit 1,000 Nazis who
lost. had fed to Germany to return to Austrin.
Herr Seyssinquart has conferred with Herr Joachim von Hibbentrop, the new German Foreign Minister. southern sector
the It is belleved in Vienna that Herr of the Tienisin-Hitler is subjecting Dr. Schuschning Pukow Rallway recaptured. Heine, to constant pressure to force Austria's Pengpu and Trapinochi on the withdrawal from the League of Nan northern bank of the Hwal River tions, to engage her participation in yesterday, and are preparing to the anti-Comintern pact to co-operate cross the river to counter-allack the fin Germany's four-year economic Japanese on the southern bank. plan and to agree to an Austro-Ger- During thele retreat ncross the man customs" union.--United Press, river at Iislog Pengpu yesterday
Nazis Quelled In Prague morning, the Japanese troops suffer- ed, many casualties as a result of the destruction- of all their pontoon
bridges by Chinese gunfire, whilst
Japanese losses on the northern bonk of the river during the last few dayɛ fre estimated at about 3,000.
Prague. Feb. 18. Nazis attempted to disperse a meet- ing of Social Democrats in the Curlsbad Hotel last night.
Police intervened. In the fight which ensued a Nazi deputy, Herr.
was the Wollner,
seriously Injured, Twenty Nazis were arrested.
After the withdrawal of the main body of Japanese troops from northern banks of the river, those left at Hwaiyuan are told to have been placed in a precarious position. Chinese forces have reached Shang- kluochi, a point only about live mus from Iwaiyuan 'und are preparing to storm the city at any time.
Still Encircled
Meanwhile, Tingyuan on the left bank of the railway, south of the Hwal River, which is Japanese hands, has been encircled
וד
now in
of
the
The meeting was then permitted to continue-United Press.
Since
CONSTANT INFLUX,
Crumit, Burt)... (Tenor); When The Sun Says 'Good- aight To The Mountain-Fox-Trol; I'll Sing You A Thousand Love Songs August 19 Inst when the Fox-Trat (lm 'Cain and Mabel') Rajputana arrived with the firstRoy Fox and His Orchestra: shiplond of refugees from Shanghul
St Louis (W. C. Handy)....The Four Crotchets (Vocal Quartette) with Guitar; My Heart's In Old Killarney Waltz, George Elliott and His Sweat
there has been a constant indux ot-f hard (Don Remon);
are now
people into the Colony both from the North and from Canton,
million passengers. We
In 1930 we curried less than 35 carrying a million per week.
There were, indeed, no less than 17 ardinary weeks during the last 4 months of the year in which the passengers carried by tramcar ex- ceeded the number carried during Jubilee week 1935.
Though I have tried to make it clear that this heavy traffic is ab normal and that the majority of the visitors now in the Colony are transient, your Board has, neverthe less, decided to order six additional tramcars. This will bring our fleet to 103 against a fleet of only 57 in 1922.
Music Makers.
London Relay 'Food for
7.34 Closing Local Stock Quota- ilong. Thought".
7.40
Three short talks' on matters of topical interest.
8.00 Time, Weather and Announce~ ments.
8.03 Studio-Concert by Eva Turner (Soprano), and Elsbeth Schreiber (Mezzo-Soprano) Accom- panied by A, T, Lay.
1. Duct:-Gruss (Mendelssohn); 2. Soprano: Der Schmied, Standchen, Vergebliches Standchen, (Brahms); 3. Duct: Aller Berge Gipfel (Ru- benstein); 4. Mezza-Soprano: Re- Although this may mean an excess genlied (Joseph Marx); Schlummer- 5. Duet: of rolling stock over maximum relied (Hans Hermann); quements later on, we must-an a
Uber's Jahr publle utility company-be in a post- 8.23 Don tion to cater for the peak load on all cccasions..
Poem, Op.
20 ($ mm Orches-
Mr. Eden's Statement
London, Feb. 17. The House of Commons again displayed great interest at question
China New Year week last month time in the new Austro-German exceeded the receipts for the corres agreement. Answering the opposi-ponding week of 1937 by 25
per tion leader, the
cent. Foreign Secretary tha the number of passengers sold he had received certain infor- carried on January 30 (China New mation regarding It, but as
a quarter of a million and were in the Year's eve) were only slightly under excess of the number carried on
Whilst on this subject pernap, Itre.cond, by Albert Contes. should say that trame receipts for
that
Coronation Day last year.
NEW DEPOT PLANNED
by the Chinese forces. Shuangchla- terms had not yet been made public, chien, cast of Tingyuan, was recupy he was unable to give any detailed tured by the Chinese on February information to the House. He 15..
hoped to be in a position to make a On the northern sector on
statement at an early date, perhaps Tientsin-Pukow Railway the Chinese to-morrow. are still enelreling Llanghalathien
In 1933 you were told that the where another abortive attempt was Mr. Eden added "Meanwhile, in Board had purchased a valuable slie made yesterday by the Japanese to view of statements in the press, I in the Quarry Bay area. Last year break the slege.
slege. However, ut Tsow-should perhaps odd
His your Board seized the opportunity to hsten the
Japanese succeeded yes- Majesty's Minister in Vienna hsten
was acquire the adjoining piece of land terday in pushing the Chinese back
Informed of the proposed meeting which rounds off the property and some distance in a flerce onslaught between the Austrian Chancellor makes a total area of 63,000 sq. ft. with the assistance of largo rein and Herr Hitler on the eve of the Ultimately this piece of land will have forcements from Yenchow. The meeting itself. The views or advice road frontages on all four sides. Part Chinese are now maintaining post- of His Majesty's Government were of this land is to be utilised for the tions ut Techshan, to the south not invited in connection with that creetfen of a subsidiary iramenr depet Central News.
meeting. Walle at present and it is hoped the building will be am not in a position to completed before the end of the esilmato the exact effect of this present year,
His Majesty's Govern- agreement, ment is following the developments with close attention,
His Majesty's Ambassador in Berlin already been instructed to indicate to the German Government the in- terest His Majesty's Government lakes and has always taken in the Austria question."
London, Feb. 17. Mr. G. 1o ML Mander (Lib,) will nak Mr. Neville Chamber- lain, the Prime Minister, on February 28 "If the British Government would be prepared to enter into negotiations with the United States Government- for the latter's uso, by lease or otherwise, of a portion of the Singapore naval dock.”—Reuter,
BRITISH MISSION
TO PORTUGAL
Wushing, Changhing
Both
Encircled
Kwangleb, Feb. 10. Wushing and Changhing have been encircled by Chinese forces, according to reports received
here.
After smashing tho first and second Japanese lines of defence at Linchengklan and Hunghsikioo, the Chinese forces advancing on OFFshing are now only five kilometres
London, Feb. 17. The British
to Service mission Portugal will leave Southampton on R.M.S Alcantara to-morrow. The purpose of the mission, which con-
*** | aists of Vice-Admiral' Wodehouse,
Colonel Daly and Group Captain
Field, is to establish closer contact between the Services of the countries in view of the common maritime interests and the long established friendships which exist between Great Britain and Portugal-British Wireless.
Mr. J. P. Braga Convalescing
Wu-
from the city whilst those attacking Changhing besiego the city on the west, south and north sides, the re- poris state.
the
and
I have been asked by a shareholder to explain the royalty position. This was mentioned in the annual speech February 1928 and again in February 1934 but perhaps the posi tion might be explained afresh,
As
you are aware, from October 1930 the rate of royalty payable to the Hongkong Government increases Ready For Consultations
from 5 per cent, to 25 per cent, on the working profil In the accounts, Asked by Mr. C. Attice to clarify $68,000 has been written off annually his remarks yesterday about the against Goodwill and Construction Stresa declaration, Mr. Eden said: Expenses which will have "I stated that the declaration about extinguished in 1038. This charge to- the Integrity and independence of gether with the appropriation Austria was reaffirmed by the Stresa General Reserve
machinery debited in Profit & Loss Account or conference where the was agreed for consultation. Per-at least some part of it will. thus be hops I should make it clear, so far avaliable from the time that our in- 10 as His Majesty's Government is con- creased royalty. becomes effective.
cerned that it has been and still is In other words preparation for the prepared for such consultations."
increased
royalty the first full year's payment of which will not be made
Three squadrons of Chinese planes effectively bombed Japanese troop concentrations at Wukong, a town between. Wushing and Hangchow, yesterday morning. About bombs were dropped եր the Japanese, Inflicting many casualties,
Central News.
Japanese Advancing On Hofei
Shouhslen, Feb. 18.
Japanese units pushing westward from Chuanchico in east Anhwel by the Chuanchlao-Hotes highway have been halled near Kuanchlapa, some D0 kilometres east of Hofel, but an- other batch of Japanese vanguards has reached Changhweichl, north-
Ho declined
to answer
now
28th series of opera: Excerpts from 3.31 Studio-Rev. C. B. R. Sargent
I and II' Wagner's Die Meistersinger Act
9.30 London Relay-The News.
9.50 Violin Solos
Joach Grisho
(Chaminade, arr. Kreisler)....Al- ki, Sarasate); Serenade Espagnole Guliarre, Op. 40, No. 2 (Moszkows-
redo Campoli with Plano Accomp.
Dance No. 1 (Brahms.
Goluboff with Plano necompaniment, by Ivor New- ton; Extaso Reverio (Ganne)... Albert Sandler assisted by J. Sameh in (Cello) and J. Bylleid (Plano),
10.03 Excerpta from Sullivan,
Gilbert and
Who Would Woo A Fair Maid.
The Yeomen of the Guard" A Man id..... erek Oldham, Winifred Lawson and Goes A Wooing.... Winifred Lawson, Nellie Briarcliffe; When A Wooer Nel Baker: Rapture! Rapturel. Nellie Briercliffe, `D. Oldham and G. and P. Dawson; Comes The Pretty .D. Gill
Bride....Full Young
Company: Leonard, My Loved One....Winifred Lawson, Derek Oldham, George Baker and Chorus..
10.20 Variety and Dance" Pro- gramme.
Da
Vocal-Famous Ballads By Fre- deriele Weatherley... Dennis Noble (Baritone); Cymbalum and Orches- ta-Waltz No. 1 In E Flat (Durand); Red Rose....Cymbalum Solo by Elec Racz with Plano; Ralcoczy March. King's Horses (Gay and Graham); Colombo's Tziganes;
Plano The Medley Of Marches.....Rale Costa; Vocal Gertrude Lawrence Mcdicy. Gertrude Lawrence (So- prano); Dance Orchestra-No Great- er Love-Fox-Trot; Lost Fox-Trot regularly...Guy Lombardo and his Royal
Canadians; Orchestra-Great Day- Selection
(Rose, Eliscu
and You- mans)....Jack Payne and His B.B.C. Orchestra; Dance Orchestra Girls Were Made To Love and Kiss Quickstep: Love, Live For Ever Waltz (both from Operetta Paga- nini)....Victor Silvester and His Ballroom Orchestra.
11.00 Close Down.
notice, another supplementary ques-for
without until February 1941, for 1040 has
tion of the Labour Leader's about many years been kept in iniwi Czechoslovakia but declared: "by your Board who have framed the should like to assure the House that financial pelley of the Company to friendliest of feelings
ensure as far as is possible that the this country has always had the towards the
Burger payments after 1940 will not Czechoslovakian nation, and is fully prove a disturbing factor in future aware of the treatles which bind Czechoslovakia to the other. great powers."
accounts.
IMPROVED YIELD
In
During the year a further $248,736 Mr. Winston Churchill then en-have been invested but no additional west of Kwanchlapa. It is believed quired about the League of Nation's revenue comes in until next year. that the objective of these Japanese duties and responsibilities in respect the meantime the yield from Invest- troops Is Hefel, the important cen- of Austria's Independence. Mr.ments not only has been maintained associates of Mr. J. P. Draga will be tral Anbwel town Central News: Eder admitted there was that aspect but shows some improvement,
of the que
return.
The many friends and business pleased to learn that he has now left Guerillas Attack Chucheng same time it is our view for the question remarking: "At the Queen Mary Hospital and has ed home, where he is convalescing.
particular circumstances of thea Mr. Braga was taken to hospital n
Stresa declaration that we are will month ago and has been under the
think it lies with us to take the ing to net with others but we do not caro of Professor W. I. Gerrard, He
initiative. is now progressing favourably and is slowly regaining his strength,
Hsuchow, Feb. 18. Chinese mobile units have made several surprise attacks on Chucheng in east Shantung during the last few days, according to military reports.
On one occasion, the reports state, the Chinese guerillas succeeded th breaking into the walled city and engaged the Japanese in street fight- ing--Central News.
mado WOR
1097
Dance
BANISHEE SENT
TO PRISON
now ertaking in the world.
60, was sentenced to 18 months' hard A life banishee named Chan Shum labour by Mr. K. M. A. Barnett at isreach of the deportation the Kowloon Magistracy to-day for After the defendant had pleaded
ordinance
Taken at
guilty to the charge through Investments now total $1,304,745. Court Interpreter, it was stated that the
market valuation noted in the Balance Barnett under which pressed conditions the care was one for committal to closed the stock the Criminal Sesalons, but Mr. Sheet is 15.3 per cent under cost. been told too late as a plen und al- pointed out that: ho had Some improvement in prices since ready been taken. Thus, the ease December 31 has however, been seen
was heard summarily, Asked by the liberal 'M.P., Mr. G.
and the percentage of
difference to- A. Mander if the Austrian Govern day is less than 12 per cent. This $110.882.00 is carried forward now ment what measure of support, ir against the General Reserves. ment had asked the British Govern difference is very
slight when sot
against $101,001.31 In 1030.
I think I ought to repeat what I would be granted to thern if it Capital expenditure carried out to are extremely low and are probably sald last year that out tram faresa resisted the German demand, Mr. Tramway. Undertaking Account dur the towent of Eden "I thought my answering the year. amounted to $106,206, transport
clear no such suggestion this largely in respect of ever made to Ilis Majesty's stock. The additional amount of new rolling
propose Government." In a not reply Mr. $17,186 under the head "Other Pro-
"that the Report of the Directors Eden told the Ilouse he was In con- perty" refers to the purchase of new
and Statement of Accounts for the sultation with the French Govern land on King's Road, the site of the.
year ended December 31, 1937, us presented, 'ne adopted and that a subsidiary tramear
Final Dividend of 00 cents- por inentioned,
share be paid for the year, 1937." Depreciation. been allowed.on When thin has been seconded. 1 the usual full scale and with it the shall be glad to answer, it I can, any. The Austrian Minister called at annual appropriation $50 be paid to the deceased's widow, the Foreign Office to-day and saw written off Goodwill and Construction to ask. was ordered by Mr. R. Edwards at the Foreign Secretary. It is sum Expenses.
$00,000 question that shareholders
esion that shareholders may wish the Central Magistracy this morning, ed that Baron: Frankenstein: would A transfer of $100,000 (as in 1830) erson (Chairman), Mr. A. H. Comp when Wong Yuk-tong, 27, lorry be in a position to supplement the
Present were: Hon, Mr. X, J. Pat.... driver, appeared on remand. Wong Information which H Majesty's to deteral Reserve will also be noted. zon, Hon Mr. M. T. Jolinson, Hon. |||| was found
of driving without Government had already obtained The General fleserye Account now Sir Shou-son Chow, Mr. A. R. Fullers due care and caution-at ·Connaught Road Wost, near Water Street, on as a result of enquiries made earlier stands at $1,000,000
ton (Director), Mr. L. C. F. Bellamy living index at February 1 showed a It was slated
mali diplomalle practice by His share, con lo four wow parin tape, Wm. Allen, P. W. Stapleton
Mosers:
ours Wong- fall to 57 per cont, above the level tempting to overtake another lorry respectively in Berlin and Vienmanda a Final Dividend of 60 conti Leung Yau chung, W. As Blewari, H Majesty' Ambassador and Minister For JL 1011, from 60 per cent he knocked down oedolle named regarding the conversations between share amounting to 1890,000 Oltins, Hon. Sir HB Pollock Lo anuary 31, but a Mao From: 1 Chen Chiu who died at the hospital Hort: Hitler and Dr. Schuschring, and all on an oralus they and Mr Church (Shar
Batch Trafilo Inspector 8. C. Saunders the new Austro-German
Thur 1947 00 cent has beeny Kal-wing X C. Mark Chun Seng
MINERS DECORATED BY THE KING
London, Feb. 17. Among the recipients of a decora tion from the King at Buckingham Palace to-day at the second Investi- ture in connection with the New Year's Honours were two minera brothers from Staffordshire, who had been awarded medals in re- comition of thole bravery in a colllery accident last year. Brities Wirelen.
COST OF LIVING INDEX FLUCTUATES
London, Feb. 17.
LORRY DRIVER. TO PAY $50- TO WIDOW
A fine of $100, with an order that
guilty
ment.
Austrian Minister Seas Eden
depot already
of
The Ministry of Labour cost of January TAKE ME in the week in puratianeo of, the nor... | An Interim Dividend of 50 cents. (Generál Manager); MrzW: F. Sim
The
recon
機
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$10.50, $11.50, $13.50
Less 10% casts discount
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