1932-01-02 — Page 16

THE CARAVAN

JUST - REÇEIVED

SPECIAL CONSIGNMENT OF

LINGERIE (LATEST DESIGNS).

LOUNGING PYJAMAS.

NOW ON VIEW AT

7. CHATER ROAD

(KING'S BLDG.),

HONG KONG.

TEL. 21450,

A

ARCADE PENINSULA HOTEL,

KOWLOON. TEL. 58081.

CENTRAL

SEE THEATRE HEAR SHOWING TO DAY

at 2.30, 5.10, 7.15 & 9.20 p.m.

THE BIG THRILL PICTURE OF 1931. A POWERFUL STORY, TEEMING WITH. ACTION AND SUSPENSE !

LOVE... LURE... HATRED.

PERILS

MIGHTY MAMMOTH ZAR

COLUMBIA PICTURES

DIRIGIBL

GRAVES

FRANK CAPRA PRODUCTION

NEXT CHANGE

THEY had

Nothing to

Fear But

MONEY F

China Mail.

ESTABLISHED 1845.

HONG KONG, SATURDAY, JANUARY 2, 1932.

GREEN ISLAND CEMENT CO.

Substantial Increase in Output.

ANNUAL MEETING.

"Since the close of the financial year, a very substantial incrense

་

IN US.

the values of ant, buildings, ANTI-FASCIST PLOTS mains, etc., inclued in the Com pany's capital ccount are in most cases considerably higher than the normal general ̈ rates.. Mr. Preece add that he con siders the rates determined by the Company's echnical Mann- ger are ample and that they are in accordance with the best Eng lish practice.

New Gound.

Attempt on Life of Italian Consul.

INFORMAL MACHINE.

Cleveland, Thursday. An attemnt, to kill Count Grandenigo, the Italian Consul here, has been foiled by the dis covery of a parcel sent to him, from New York.

. The parcel contained an in- fernal machine.

The intercepted postal pack- age contained enough explosive to blow up half city block sky high. The police exploded it on the outskirts of the city.

Among the pracipal additions in our output has resulted from on capital accent during the the starting of the Green Islandar were an area of about Cement Co.'s new. plant at Hok- 160,500 sq. feet a present under Un" remarked Mr. R. G. Shewan reclamation close to the existing (Chairman), in the course of his power house site it. Hok-Uu, two speech at the thirteenth ordin-British Thomson Houston 5,000 ary yearly meeting of the China K.W. turbo alternators, a 40,000 Light and Power Company lb. Thompson baler, and two (1918), Limited, held at the brush frequency hangers of a head office, St. George's Build-capacity of 1,50 K.W. each ing, at noon, on Thursday.

With the exceptie of one 5,000 Directors present were:Mr. K.W. turbo alterator, which is R. G. Shewan (Chairman), Mr. now in course of exction, all this A. IL Compton, Mr. C. A. da plant has been putin commission Rosa, the Hon. Mr. J. P. Braga, and is working satisfactorily. Mr. Felix A. Joseph, Mr. C. Included in the sum of $816,714.12 Strafford (Manager), and Mr. expended on overhead mains is Noel Braga (Secretary).

the main 22,000 lt transmis- Shareholders present were:sion line in the New Territories. Messrs. C. F. Mendham, H. J. M. Under the contikets with the de Figueiredo, J. J. Edgar, J. Esuppliers of the alive-mentioned Salmon, M. A. Xavier, I. W new equipment, hal payments Shewan, F. J. Tavares, A. will be made after the plant has U.S. AMBASSADOR WISHES TO Greaves, Soo Pui-chen, Yeung Yau, Chua Seng-choo, D. S. Ellis and Frank Austin, attorney for A. J. David,

Chairman's Speech,

The Chairman said: - Gentle- men, With your approval, 1} propose to take the report and accounts as read.

The gross profit for the past financial year amounts to $813.633.29 as compared with $769,379.53 for 1929-1930, while the net profit is $518,144.77 as against $593,066.98 in the pre- vious year.

been in operation for a stipulat- ad period, hence the comparative. ly large sum of $335,688.90 sp- pearing in the balance sheet pay- able to Sunday creditors.

Fresh Capital,

In order to meet these pay ments as they become due, and also to provide for additional capital expenditure during the

The State Department is con vinced of the existence of a wide- spread anti-Fascist plot, and has requested the Department of Justice to protect the Italian and Argentine Embassies at Wash

ington.

sing all parcels sent by mail. Post Offices are closely scrutin-

Reuter,

RETIRE.

Washington, Thursday,

Mr. Forbes, U.S. Ambassador | in Japan, has expressed his de- sire to retire from diplomatic service within two months and return to private life.-Reuter's American Service.

MR. ARTHUR HENDERSON.

London Thursday. Following a two days of X-rays test and special examination, it is now announced that Mr. Henderson's internal trouble, will he treated medically without an operation-Reuter

struction.

rrent year, your Drectors have decided to call up fresh capital to the extent of $1000,000, and shareholders will shortly be offered at par new shares of the In consequence of the fall in nominal value of $5 each, in the exchange, our working expendi-proportion of one new share for ture has greatly increased, and every five shares of which they we feel that it speaks well for are the registered holders on this Company that we have been January 8, 1932.

ing for the completion of the low able to close the year with 'a

Out of the ne profit of tension distribution lines at gross profit of nearly $45,000 in $513,144.77 your Drectors re- Shatin. Tairo, Sheung Shui and excess of that for 1929-1930. ommend the payment of a divi- Fanling before we can also give The reduction in the net profit lend of 50 cents per share, leav; a supply to the public in these is partly accounted for by ouring $13,861.27 plus the amount districts. The route for the high having had to debit profit and brought forward from last year, tension branch line to Autau was loss account with no less than or a total of $56,756.60, to be surveyed during the year, and $48,563.79 on account of the carried forward to the credit of the line is now in course of con- change of consumer's voltage. Ithe new year's account. am pleased, however, to say that I am pleased to say that our the work in connection with the business continues to grow. The change of voltage is now practi. number of consumers has risen cally complete.

to 17,364 at the end of Septem- Depreciation on buildings,ber, 1931, from 15,228 twelve plant, stock and changes of pres months previously. Units sold sure and frequency, $222,790.29, during the year were 15,548,263, represents, an increase of about a compared with 15042,213 in $48,000 on last year's figure, and 1929-1980 this has also helped to reduce Since the close of the financial the profits. You will easily un-year, a very substantel increase derstand this large increase in our output has restlted from when you turn to the balance the starting of the Green Island sheet and observe that the total Cement Co.'s new plant at Hok- cost of additions during the year

Un. to land and buildings and plant and machinery reached the re. cord figure of over $1,925,000,

Removing Any Doubt,

New Territories.

With regard to the New Ter- ritorien Electricity Supply cheme, the 22,000 folt main

I now beg to propose

"That the report and ac counts as presented to this meeting be adopted and pass ed, that a dividend of 50 cents per share be declared in re- spect of the financial year ended September 30, 1931, and that the undivided profits of the Company amounting to $556,539.10, less such dividend, be carried forward to the cre dit of profit and loss account for the financial year 1931- 1982,"

ד'

No Questions. The report was seconded by Mr. C, A. da Roza, and there be- ing no questions raised, carried

Sir Robert Ho Tung and Sir. Elly Kadoorie, K.B.E., were re- slected directors on the proport tion of Mr. C. F. Mendham, so- conded by Mr. J. J. Edgar,

I do not wish to leave this transmission line from Beacon unanimously. item of depreciation without tak... | Hill- tunnel to Kwantį,' with me. ing the opportunity of removing branch line to Tsun Wan, was any doubt that might exist in completed during the year under shareholders' minds as to the review, also the 6,600 volt line adequacy or otherwise of the de- to the Texas Oil Company's Ten preciation provided for. We have Wand installation and a sirailar it on the statement of no less extension to the site of the pro an authority than Mr. A. H. posed brewery at Sam Cheng Preece, senior partner in the firm Bay We are now actually sup- of consulting engineers, Messrs. plying electricity to consumers Preece, Cardew and Rider, Lon in the Taun Wan and Taipo mar, don, that the rates written off ket areas, and we are only wait

MEN WOMEN & CHILDREN

protect themselves

against DIPHTHERIA

Sore Throat & Influenza

By taking

Danflavin

On the proposition of Mr. H. J. M. de Figueiredo, seconded by Mr. J. E. Salmon. Mesare, Lowe, Bingham & Matthews, aud Messrs. Linstead and Davis, were re-elected auditors, at a re muneration of $1,800 each:

BAYER

DENTALINE

(Concentrated Antiseptic).

Is more than a mouth-wash →→ It actually

KILLS GERMS

Dentaline is an Antiseptic Germicide and Astringent; Properly diluted it is delightful to taste and refreshing to use.

THE PHARMACY

Asiatic Building.

Tal, 20345.

- Queen's Road

AMISEMENTS S

AT THE

QUEEN'S

DUTIES OF A

Собщуп. Mayt

SHERIFF'S

OFFICER

SHOWING TO-DAY

At 2.30, 5.10, 7.15

9.20.

His Orders Were to Be Pleasant and Useful to a Pretty Widow !

What a job! And what

grand picture for the new star!

gomery

THE MAN IN POSSESSION

NEXT CHANGE,

•with Charlotte Greenword Irene Purcell C. Aubrey

FOR ONE DAY ONLY !

Smith

BY SPECIAL REQUEST "The BRITISH SUCCESS!!

Some of the Enthusiastic Press Comments! Daily Mirror A surprisingly good picture, Sunday Express "The Ghost Train" is expertly done, Daily Sketch It is a boon and, blessing to bored

einoma-goers. Evening News Daily

Express

sborough Picture

An excellent comedy thriller.

Positively good entertainment.

THE

GHOST TRAIN

The

ANNOLD NOLLY Mit Faller appear JACK HULBERT CICELY COURTNEIDGE

WALTER FORDE

STAR FINAL SHOWINGS TO-DA

AT 230, 620 7.20 9.20.

Norma Shearers Triumph!

NOR SHEARER

ensation

MARIE DRESSLER