1924-02-20 — Page 9

WEDNESDAY, FEBRUARY 20, 1924.

COMMERCE AND FINANCE.

GREEN ISLAND CEMENT CO., LTD.

ANNUAL REPORT.

The report of this company for presentation at the 34th Ordinary General Meeting to be held at the St. Offices of the Company, George's Building, on Tuesday, March 4, at II a.m., is as follows The Gross Profit for the year is........... The amount brought forward from the previous year

After al

lowing

- for the

Interim Dividend

-paid in

Septem..

berlast...$200,000.00

Directors

and Audi

tors' fees, etc.......... Writing off 10% for deprecia- tion on the" Com- pany's Buildings,

Machinery,

Launches.

Lighters,

etc.......

8,655.50

52.113.50

The Balance to be i

$1,024,819,99

98,633.68 $1,123,453.67

260,769.00

dealt with is...$ 862,684,67 which it is recommended should be applied as follows:-- To pay a Final Divid-

At

end of $1.50 ner share$600,000.00 To write off Buildings

and, Machinery,

Works, an Macao additional To write off Buildings and Machinery, at Hok. Un Works, an additional ...

4

***

40,000.00

45,688.57

To write off Buildloge

and Machinery, at

Deep Water Bay

Works, an additional--10,000.00.

To write off Launches

and Lighters, etc., an additional

474

10,000.00

To place to Reserve for

New Plant To-Bonus to Staff and carry forward to... the credit of next year's account....

50,000.00 13,648.31

93.347.89

$862,634.57

Since the last Annual Meeting, the Hon. Mr. A. Q. Lang, Mr. D. G. M. Bernard. Very Rev. Father Robert and Sir Paul Chater have resigned, and Mr. C. A. da Reza, Mr. Li Tse Fong and Mr. C. F. Mendham have joined the Board. These appointments re- quire confirmation,

Under Article (14) of the Arti- oles of Association, Mr. R. G. Shewan retires; but being eligible offers himself for re-election.

The accounts have been audited by Messrs. Linstead and Davis and Messes Lowe, Bingham and Matthews who are eligible for re- appointment.

EWO COTTON MILLS LD.

DÍVIDEND RECOMMENDATIONS.

NAM PAK HONG QUOTATIONS.

This morning's Nom Pak Hong quotations for "spot" goods, basis usual guild terms, were as „föl- lows:

Java Sugar, average quality. per picul 'net-No. 24 rough white $16.04; No. 24 fine white $17.00; No. 18 rough brown $15.20

Rice, average quality, per picul gross for net Slam No, 1 long white superior: old crop $8.80; new crop $8.50; Saigon No. 1 long white $7.65.

Flour, per enck of 50 lbs.- Dayton $2.72; Banana $2.70; Kwan Tao 2.75; White Greens $2.78; Nutmeg Orange $2.75; Kingfisher $2.90; C. & C. $2,82; White Rose $2.67; Melon $2.81.

NEW DEBENTURE STOCK.

London, February, 19. The Bank of England will in- vite applications for £1,800,000 B per cent, debenture stock issued at 98% in respect of which the Government will guarantee the principal and interest under the Trade Facilities Act.

The proceeds are required to pay for a fleet of motor ships for £1,800,000 ordered by Harland Wolffs. Reuter.

TRADE FACILITIES ACT.

L

London, February 19. In the House of Commons, mov- ing a series of financial resolu tions extending the aggregate amount for loans to be guaranteed under the Trade Facilities Act.

STILL AT THE HELM:

London, February, 19. Persistent reports that the premier, Mr. Ramsay MacDonald, is contemplating resigning the Foreign Secretaryship on account of ill-health are authoritatively.

denied.

It is stated that reports of his ill-health are unfounded.. Reuter.

HOME SPORT. FOOTBALL ASSOCIATION

CUP.

from £50,000,000 to £65,000,000, Football enthusiasts at Home Mr. William Graham, Financial are warming up as the third round Secretary to the Treasury, ex- of the F. A. Cup is to be played on We have our Shield plained that the resolutions in- Saturday.

cluded at least one of the pro-competition in Hongkong but, in posals of the Imperial Economic comparison, it has not that exces Conference, namely that authoris sive interest over the league that ing the Treasury to guarantee for the annual battles have for the five years three quarters of the people in the Homeland. interest on certain dominion, colonial and public utility loans, the proceeds of which were to be expended in the United Kingdom. The resolutions were agreed to without division-Renter.

COTTON INDUSTRY.

ין

According to a Reuter's cable yesterday, seven Southern, and nine Northern teams are left to fight their way to the final at The rivals in last Wembley. year's remarkable match, Bolton Wanderers (winners) and West Ham United (runners-up) have both been ejected. Other cup. fighters with great traditions, London, February.12. In the House of Commons, re-who have been-beaten-in-the plying to Sir Charles Lyle, Mr. earlier stages are the Spurs, "Proud Rovers, Blackburn Preston." Sydney Webb, President of the

Everton, Burnley, and Sheffield Board of Trade, stated that the while the famous Corinthians did Government considered an in-

not get far." crease in the world's supply of Of the seven Southern teams, raw cotton very important, and hopes are centred in Cardiff, the had every intention of carrying first league leaders who have made on the policy of promoting cotton dramatic progress since the war growing within the Empire.but have never played in the final. Reuter.

Southampton, Crystal Palace and Bristol City are second division tearns. The first-named has a glorious cup record, having been runners-up twice. Swindon seems the most promising of the three third Division (5.) teams but on the whole, it looks as if Wembley will be flooded with North-country- men and the cup remain in the North another year.

FALL OF THE FRANC. -

Paris, February 18. The Bourse du Commerce, Paris, has been closed sine die by a decree of the Prefect of Police, on the ground that quotations are resulting in an exchange arisis calculated to lead to an abnormal increase in prices.

It is stated that taxation up to the present agreed on amounted to 4,780,000 francs. The sitting lasted until 5.30 in the morning.

Reuter.

Aston Villa, Liverpool, West Bromwich, Newcastle, Bumley, and Manchester Huddersfield City represent the North who have also Leeds (second division) and the plucky Wolves (third division). London February 18, The tit-bits of the rounds should West the ties between The French rentes have reach-be ed low records, the four per cent. Bromwich and Wolverhampton, and Burnley and Huddersfield

at 17% the five per cent at 218 The Villa seems to have an easy ex coupon. This influence is seen in the collapse of exchange to task with Leeds while Liverpool 102.10 francs to the paund ster-travel to Southampton." Altogether there should be a more than Ing.-Reuter.

round after Interesting third which talk will begin as to likely

Paris, February 19, The French franc fell to 105 It was decided and the Belgian to 125-Reuter, shareholders

At a meeting of the Consulting Committee of the Ewo Cotton Mills Ld.,

should that, the be recommended to apportion the balance at credit of profit and loss account at December 31. 1983, of Tls. 869,615-39, of follows:

Tis.

"To pay a dividendon pre-

ference shares at the rate of 8 per cent. per

.............72,000.00

MISTELUTA *****

To pay dividend on 900,000 ordinary Shares at the rate of Tis, 0.55 per share...... 495,000.00 To write off buildings... 45,000.00 To write off plant and

machinery

L

RAW SILK INDUSTRY,

DEMORALIZED BY EARTHQUAKE:

winners.

HOME FOOTBALL.

GLAMOUR OF THE CUP.

LONDON, February 18. NEW YORK, January 12. In the F. A. Cup second round Virtual demoralization of the Jareplay, Crystal Palace beat Notts panese raw silk industry as a resalt County 2-1 at Birmingham.

The draw for the third round of the earthquake last August has emphasised the necessity of develop to be played on February 23, Is ing new sarees of supply through as follows out the world, Mr. James A. Gold- smith, President of the Silk Amacia tion of America, said at the annual dinner of the organization to-night.

Cardia v. Bristol City; Crystal, Palace v. Swindon; Southampton V. Liverpool; West Bromwich Albion v. Wolverhampton Wat- Buk manufacturers, he said, had ford v. Newcastle; Buroley v. 190,000.00 already turned to Chins, which gave Huddersfield; Aston Villa v. 2,252.00 the greatest promise of replacing the Leeds Brighton v. Manchester 1306.69 Japanese field. Thurkey, Persia, Syria and the Caucasus, aleo were 800,000

mentioned as offering unlimited op- portunities for development,

To write off water supply To write off furniture... To'write off motor car... To add to special repairs

and renewals fund.... 40.000.00 To pay bonus to staff at To carry forward to new

account

20,000.00

..

3,256,70 Tis: 869,615.39

City-Reuter..

The Silk Association of America, The assets of the company exceed Mr. Goldsmith end, had erected G.$200,000,000 exclusive of the as sericulture buildings at Canton sets of the China Mutual Life In- Christian College, the University of surance Co., Ld., and the Shangbai Nanking and at Fukien University, Life Inmrance Co., Ld. which where milk culture and handling companies were taken over by the would be taught scientifically Fre Sun Life of Canada on January 8, sent methods in use in China are 1924. largely antiquated and result in

large wastage, be said.

A research and development pro

€325.

SUGAR-REFINERY.

mane of the Association extend The Chinese press reports that a over a ten years period was Japanese sugar-refining company, outlined-Reuter's American Ser has been established in Shanghai with a capital of $5,000,000. The company has already purebleed 70 mow of land in the Langiszepod dis trict, on which will be erected officer Another rebord year's busness is and factories. The producte

by the Bun

company come from the Dutch East indies

COAL AND COKE. Advices from Canton hint that a firm tone prevails in the coal and in noke market there. Interference with river traffic has rendered prices of firewood prohibitive för commercial and Industrial pr poses); hence an ever-increasing demand for imported fuel Even the smallest restaurants and tea houses in Canton are now using ocal-and soal of a fairly good quality in preference wood. The abnormal #team tunelles plying da another source,

umber:

SUNLIFE COMM

ance policisé

HONEY AP

THE - CHINA MAIL:

Look Next Week

1

See how teeth glisten when the film goes

Note what beauty you have gained

For your sake and your family's sake, start making this test today. Then look next week and see the changes that occur.

Millions of people of fifty nations aIENIOW brushing teeth. In this new way. Dentists everywhere are urging them to do it. You can see the resuls wherever you look-in teeth that glisten as they never did before Now see them on your own teeth. Go get this free tube at your store.

Film makes teeth dingy You feel on your teeth a viscous film. It alinge to teeth, gets between the teeth and stays. Food stains, etc., cloud that film Then It forms a thin dingy coat. Film is also the basis of tartar.

The ordinary tooth paste leaves much of that film intact. Thus most people's teeth, until lately, were clouded more or less. Beautiful teeth were less common.

They use it

Film also: holda food substance which ferments and forms acid. It holds the acid in contact with the teeth to cause decay. Germs breed by millions in it. They, with tartar, are the chief cause of pyorrhea.

Most tooth troubles are now traced to film And, despite the tooth brush, they became almost universal.

Now milions combat it Dental science has, for long, songht ways to fight that film. Two effective methods have been found. Able authorities, by care, ful tests, proved them beyond question. Now millions of people are using them daily, largely by dental advice.

One method acts to curdle film, the other ...to remove it. And this is done without the

use of any barmful scouring agent.

A new-type tooth paste has been created, based on modern research. It includes some new essentials and avoids some old mis-

This dainty people you see are probably uses of Pepsodent. To women it means new beauty; to inen new cleanliness; to children new protection.

Present the upon for a 10-Day Tube. Note how clean the seeth feel after using. Mark the abschee of the viscous film. See how teeth whiten as the film-coats disappear.

Pepsodent

The New-Day Dentifrice

A scientific film combatant, which whitens, cleans and protects the teeth without the use of harmful grit. Now advised by leading dentists the world over. Now on sale in two sizes by all druggists.

SOLE ACENTS FOR HONGKONG AND SOUTH CHINA: KELLER, KERN & CO., LTD-

P. O. Box 659,

HONGKONG

Free

At Stores Named Below One 10-Day Tube

This week only, any store named below will hand you a 10-Day Tube of Pepsodent. Just present the coupon. Make this test nom and watch the delightful effects It will be a revelation.

talees. The name la Pepsodent. These twe great film combatants are embodied in it.

Some Pepsodent effects Film coats are more readily combated The teeth become highly polished, so film. less easily adheres..

Pepsodent also multiplies the' march. di- gestant in the saliva. That is there to digest. starch deposits which may otherwise fer- ment and form acids. R

It multiplies the alkalinity of the saliva. That is there to riautralize the acide which cause, decay.

Thus Nature's great tooth-protecting agents are given manifold, affect, while soap-and-chalk pastes reduce their power.

These results are bringing a new dental "era in millions of homes, the world over. And these whiter, safer, cleaner teeth mean life-long benefits. When you find them out you will want your people to enjoy them.

1831-

10-Day Tube Free

(Only one tube to a family)

Invent your name and address, then pissent this coupon this week to angalore named below. -You will be presented with a 10-

Day Tube of Pepsodent

If you live out of town, mik "couponto Kers & Co, F.O. B

$53, Hongkong.

Your Name

Address

Present Coupon to

A, 9, WATSON & CO., LTD. - Alexandra Building.

A. S. WATSON & CO., LTD. -Nathan Road, Kowloon. THE COLONIAL DISPENSARIQueen's Road Central. THE CHINA DISPENSARY - Queen's Road Central. THE PHARMACY

-Queen's Road Cential. THE QUEEN'S DISPENSARY -St. George's Building, BAKILLY CO., LTD.

Does Your Road Central

-

WHAT TRAVELLERS SHOULDN'T

CH-3

OVERLOOK:

Cameras of all descriptions Binoculars of all different powers -

The name of GOERZ Is Enough to Assure you that they are the BEST in the WORLD

TAKE OUR ADVICI

It is Cheaper to buy here than in any part of the world. Obtainable in all Photographic dealers and from SHOW ROOM 30-32, Des Voeur Rd, Ctl

phone 3217.

EASTERN STORE

GENERAL STORE-KEEPBR5 EAST VIEW BUILDING

No. 6, Nathan Road. ROWLOON. TELEPHONE K. 25. PASS BOOKS ISSUED.

CHY

LOUNG

New Squid Proservad Gitzel,

Frompt attention to p

Connaught Road Central, Tal

159 158, Canton Road - Patmatí TIL E862.

STORE

Repairers. {{

General Repairers Shipchandisen Med root, Phone Central 3545): Phone Howiece 733%.

THE

YUEN

WO

PIANOS for SALE or Hire

TRANG TOOK PIANO 005

HALL, LAW & 00.

Sole Agents in Chisa.

SAIGON.

HWATOW," HINGAPORE AND HOIHOW RUM.

› berth cabluar Elted throughotch

(BANG STEAMSHIP

WING CHEUNG & CO.

SHIP CHANDLERS

GENERAL STOREKEEPERS

No, 106, Des Voeux Road Central, HONGKONG

THE WORLD SUPPLY CO.

Connaught Road, West

Exporters of Chinese Fancy paber