1932-05-27 — Page 7

D

FRIDAY, MAY 27, 1932.

WAR MINISTRY

DECLINED

Appointments in

HON. MR. BELL DISCUSSES

THE CHINA MAIL.

Japanese Cabinet. CUSTOMS TARIFFS

Tokyo, Yesterday,

It has been decided that Gen-; eral Hayashi having declined, the War Ministry, will be appointed; Director of Military Education in succession to General Muto, who resigned, taking the technical re-! sponsibility for the participation. of military cadets in the outrages on May 15,

Count Kodama will be appoint-; ed Covernor General of Formosa in succession to Mr. Minami who has entered the Cabinet 13 Minister for Communications.

Naval Promotions.

Lieut-General Yoshiyuki Kawa-" shime nas been appointed Com- amander-in-Chief in Korea in auc- cession .to General Senjuroj Hayashi.

Tokyo, Yesterday.

General Hayashi has declined to enter the Cabinet; consequently Central anki has agreed to retain the War Ministry.

The newly form Japanese

cabinet was formally installed this afternoon,

man.

IS GRETA GARBO GOING HOME?

A Threat She Has Made Before.

|

DETRIMENTAL TO

TRADE AND BUSINESS

FREER CARGOES THE WAY TO PROSPERITY.

LOCAL INSURANCE MEETINGS

CHINA FIRE, LTD.

I

The Chairman said:This ex- traordinary General Meeting hus been summoned for the purpose of passing resolutions calling up the

unpaid Capital of the Company.

The Capital of the Company at present consists of 20,000 shares of the nominal value of $100 each, of which $20 per share has been. pald up.

VALOUR OF 19TH

ARMY "

Plea for Their Retention în Shanghai.

Shanghai, Yesterday. Recalling the valour displayed Your Directors have given the by the Nineteenth Army during business and financial affairs of the recent Sino-Japanese hostili- your Company their careful con- ties, the Federation of National sideration and they have come to

the conclusion that it is in the Salvation Associations of Shang- interests of the Company to call hai has petitioned the Military up the unpaid Capital amounting Council urging that the army be to $1,600,000.

retained for the Shanghai-Nan-

It is proposed that this sum shall be taken from the undivided king area instead of sending it to profits of the Company and that Fukien..

the Extra Reserve Fund, which to-) "As long as enemy troops are day consists of £100,000 and permitted to remain in the Shang- Reference to the British Government's contin- $100,000, shall be utilised for this hai and Woosung area, how can

purpose. If this sum however is ual building up of an elaborate system of customs insufficient it is proposed to take this Army be removed to Fukien" tariffs, was made by the Hon. Mr. W. H. Bell the balance from the Re-insurance it says. "On behalf of 3,000,000

people in Shanghal, we request an. (Chairman), at the annual ordinary meeting of the Fund

It is proposed to make a call of order for its transfer to be re- Union Insurance Society of Canton, Limited, $80 per Share and to meet this scinded, as the very existence which, together with its affiliated companies, the call by the declaration of a special the nation is at stake."-Reuter. China Fire Insurance Co., Ltd., and the British Under our Articles of Association Traders' Insurance Co., Ltd., was held in the Board it is necessary to give 4 days" Room of the Union Building this morning.

An extraordinary general meet- ing of the China Fire Insurance was also held for the purpose of allotting the reserve fund to the unpaid capital, which amounted to $1,600,000. The proposal carried.

Was

Potts, L. G. Ribeiro, O. F. Ribeiro, V. R. V. Ribeiro, M. A. R. Souza, V. F. Soares, A. Stevenson, D. V. Stevenson und H. C. B. Way,

Sound Position,

of

Mr. A. Stephenson, in seconding, the proposal said the Society op- The Chairman was supported by pears as usual to be in a very sound Messrs J. Owen-Hughes, T. A. Mit-position being able to pay the usual; chell, J. A. Plummer and J. P. War-dividend besides making all reces- ren (Directors) and Mr. Paul Lau- sary provisions in the matter der (General Manager)."

Reserves. "Miss Greta Carbo, surely the

The Gold Standard.

I feel sure that all Shareholders most discussed young woman in the

The outstanding event of last will join me in an expression of world, is once more reported to be year was the departure of Great appreciation to our General Mana- going back to Sweden," writes Britain from the gold standard but ger and Staff for the ability and Campbell Dixon in the Daily Tele, it was not possible accurately to loyal services displayed in these graph.

gauge the effect this momentous hard and trying times. The past Some add that she is going to decision might have upon Under-year has again been under a cloud marry a young Swedish business: writing Accounts last year. It was of troubles. Auch as the unsettled The young man himself, who very difficult for him to elaborate state of trade and the money market surely ought to know, recently said on the existing disturbed financial in general, the Indian unrest and that he could not imagine Miss conditions.

last but perhaps not least-the Sino- But pos- In order to support possibly effi- Japanese conflict Garbe marrying anyone. sibly he is ns rauch in the dark as cient but very expensive system, doors; with regard to the latter, it 80 close to our

everyone else.

Governments were continually

would appear that peace is not far Miss Garbo has threatened to go building up an elaborate system of

distant. home so often that the latest customs tariffs. It was to be hop-

It is a fact that a Society such on her visits to aed that the various Governments rumour, based

as ours is very dependent on trade Swedish vessel. In San Francisco, would order their finances in such harbour, must be treated with a way as to enable them to aban-conditions and in consequence we

reserve.

don or reduce many of these high very earnestly hope for peaceful and more prosperous times with a free Whenever Miss Garbo was asked tariffs which, in the opinion

movement of all classes of gooda by her producers to do a picture she many, were a hindrance to trade

and produce. Our Chairman detrimentally upon did not like she would say, "I think and acted

refers to the Customa tariffs I go home now," and disappear into business. It seemed to him that the

4A applied in most free and unrestricted movement of

coun- her dressing-room.

Whenever she was asked to play cargo, if such a thing were possible, tries with a opposite a player she did not like, or would go a long way to resuscitate Free agree to some publicity "stunt" she the fortunes of the world.

Tell an Underwriting considered undignified, or postpone

For the last two years his prede- an increase in salary, she never be! came hysterical, like certain other; cessors in the chair had referred stars; she would merely shrug and to the heavy toll on marine under- observe indifferently, "I think writing accounts caused by fire and last year was no exception to the rule, but the fire loss record was better than in 1930.

11.

executives

Whereupon terrified would instantly surrender.

Dislike of Hollywood.

оп.

of

tone of regret. trade is the ideal If all countries would similarly open their doors but that, I fear, is too

much to expect.

to

Last year Mr. Grayburn stated; "To a mere Banker an Insurance Company's account is difficult analyse." if a Banker finds it sol what must it be to a mere Agricul~| turist? The suggested prospective

The Chairman referred to the change in the formula of the disastrous earthquake in New Zea-Balance Sheet appears to be a good

Praise for Staff

Dividend of the same amount.

notice of the call and it ie there! fore proposed to make the call due and the special Dividend payable on June 13 next.

to

CHICAGO GANGS

£50,000 A YEAR

Alleged Hold-Ups and Kidnappings.

of

I now have the pleasure to pro-) pose the following Resolution:-

That it is desirable capitalise & sum of $1,600,000 being part of the undivided pro-twenty persons they have arrested The Chicago police believe that fit of the Company standing to recently are members of a gang the credit of the Extra Reserve which has been responsible in recent Fund and for that purpose:~~

{months 'for thirty-three bank rob-

CENTRAL THEATRE

FINAL SHOWINGS, TO-DAY

at 2.30, 5.15, 7.15 & 9.30 PM.

ין

A DYNAMIC DRAMA OF RACKETS, "RIDES" & RAPID - FIRE ACTION LOVE, REVENGE & JEALOUSY ALL LEFT BEHIND WITH EACH STEP IN

The

Laughter on his face rancor in his heart

He sacrificed life

for the sake of lova!

LAST PARADE

The Thrilling Story ́al ́a' Gangster's Final Fadnout

A picture that will

(a) Should the Hong Kong beries and numerous kidnappings in tug at your heart

Dollar equivalent of the

various Middle West States. It is Extra Reserve Fund on June said that the gang has accumulated} 13, 1932, be not of the valua in that way £50,000 in the course of $1,600,000 then there of a year.

and catch

at your

shall be transferred from The majority of the prisoners, in- the Re-insurance Fund to cluding two girls 20 years of age, the Extra Reserve Fund were caught in a raid upon an evil such a sum as will with the resort on Chicago Heights on April throat. amount now standing to the 23. Four others were arrested at credit of the Extra Reserve Lafayette, Indiana, in what is be Fund make up the sum of lieved to be the gang's chief hiding- $1,600,000.

place.

(b) A call of $80 per share is hereby made on the Share-

The gangsters have been charged with stealing and kidnapping in the holdera of the Company ap: States of Indiana, Wisconsin, and pearing on the Register of Shareholders on May 27, Illinois. It is believed that they 1932, and such call shali Planned their depredations in their be payable on June 19, 1992, | Chicago Heights headquarters. to the General Manager at Fourteen of the prisoners were the Registered Office of the paraded before persons who had suffered from robberies or kidnap- Company. (c) That for the purpose of pay-pings, and several of them

ing the aforesaid call of $80 Identified as having been connected per share a special dividend with various crimes.

ers

were

of $80 per share is hereby James Barton, who, with his declared payable on June brother, Joseph Barton, is declared 13, 1932, and that such to have led the gang, was stated by! special dividend be applied the Chief of Police of Hartford on behalf of the Sharehold City, Indiana, to be one of the men up the Citizens State by the Directors in who held satisfaction of the call of Bank, Hartford City, last October, Mr. and escaped with £2,000. $80 per share. The resolution was carried. Howard Woolverton, wealthy manufacturer from South Bend, Indiana, believed another of the prisoners to have been a member of a gang which kidnapped him The Chairman said:-The Work-ast Autumn and held him to ransom

BRITISH TRADERS' LTD.

Other kidnapping victims, who dend of 5s. per Share and a Bonus paid from $10,000 to £15,000 for

I do not for a memunt suggest land, and the abnormal flooding of one since it will provide detail of ing Account for the year 1980 for £10,000. that Miss Garbo bluffs. A strange the Yangtse river in China, stata more readily understandable na- after payment of an Interim_Divi- and lonely girl, she avoids parties ing that they caused widespread ture to the layman. and sightseers 30 carefully that loss. Much of the damage was to It is distinctly bad luck that our of 20 per cent. to Contributors, their liberty, also scrutinised the many distinguished visitors apend a property of an uninsurable nature. Chairman has to report a third year passed at the last Annual Meeting captives. year in Hollywood without seeing and the Society was not involved in jin succession a heavy toll by Fire shows a balance of £72,246.0.7. her. Most of her leisure she spends losses to any extent,

loss on Marine Underwriting Ac-Your Directora recommend that a lying in the gun on the roof-

MAGISTRATES IN TROUBLE Their Exchange and Investment counts including such examples as Final Dividend of 48. per share dodging the photographers who wait Fluctuation Account showed an in- the loss of the A. Segovia and be paid to Shareholders, absorbing in trees or fly overhead in 'planes crease of £135,538. 19, 10d.

Chinklang, May 8. The the motor vessel Bermude the total £19,200, that. £25,000 be added to and tramping about in ar old Working Account of 1930 was run-

Two district magistrates of value of which ran into hundreds of the Reserve Fund, increasing that sweater and beret with a couple of ning off favourably and there was thousands of dollars,

Anent the Fund from £176,900 to £200,000, Kiangsu are now being detained dogs. Her dislike of Hollywood is little doubt that it would leave a Fire Insurance business we should and that the balance of £28,046.0.7 here by the Provincial Authorities no doubt genuine, and she makes no good profit

be pleased to note that the Fire be carried forward to Underwrit-on charges of corruption in their secret of the fact that she is staying!

Loss record was better than that of ing Suspense Account. It la es-respective administrations. only to make enough money to retire.

Pang Kuo-yen, magistrate of He added that they would ap-in New Zealand, the Philippine sufficient to

1930 but with regrettable incidents timated that this balance will be

mect all further Phsien, and Hung Fu-yuan, magis- As she has been getting about preciate that the success of the Islands and Japan.

The figures in claims on the year's account. trate of Fowning, both in Northern 21,800 a week for a long time, and Society and its affiliated companies the Accounts appear to be very The balance of Working Account Kiangeu, were summoned to the spends perhaps £50 a week, it may was dependent upon the support it satisfactory and the conservatism for the year 1881 stands at Kiangsu provincial capital recently be true that she has already saved received from the merchants. The £300,000. Unlike most of the stars, figures spoke well or the excellent as is shewn in the conversion of £131,192.3.5. Your Directors re- when suspicions were aroused as to different monies is to be commend-commend the payment of an In- the integrity of their administra she has never gambled in the stock work done by the Society's staff in The Increased sum of £186,588. terim Dividend of 68. per Share, tions. Upon their arrival, they were market. With the thriftiness and all parts of the world. He tender 19. 10. as shown in the Exchange absorbing £24,000, that a Bonus of taken into custody by the local caution of her Swedish bourgeois ed his hearty congratulations to ancestore, she keeps her money in the General Manager and his staff and Fluctuation Account should ap-20 per cent. be paid to Contribu Bureau of Public Safety.

for such good results.

peal to all of us as an admirable tors of business on Bonus terms, Since they had last met they had

absorbing about £5,000, dan that result. learned, with regret, of the death If

There is a pessimistic expression the remainder be carried forward.

absorbing $60,000, and that the re mainder be carried forward.. MAN of Mr. Arthur Macgowan, a direc with regard to the premium income renew

As was to have been anticipated it, even at an increase-which tor of Messrs. Bradley & Co. which but we must try and remember that

the Accounts before you have been she is practically sure to be offered, took place in England last month. history repeata itself or that there

He had served on

The Chairman said: The Work considerably affected by Exchange as her recent films have all been big board and on the boards of sonte of We would that we could have the ing Account for the year which has been responsible for un-

the Society's is invariably a calm, after a storm. money-makers it will be the

`shows" a

balance of heaviest blow of the kind Hollywood its affiliated companies, and he was optimism of the late Capt. Dollar as 1980.

avoidable fluctuations. UC most valued business friend. per his remarks in a speech he re- $532,075.21 Your Directors With regard to the Dividend and has ever, suffered.

Shareholders Present

cently made. We pin our faith in command that anal Divi Bonuses recommended you will re The following shareholders were the mole management of our Society dend of $9 per share, & Bonus Divi call you, were warned at the last present: The Hon. Sir Henry Pol- by the senior and responsible men dend of 36/ Dividend of $7 per Annual Meeting, that continuance lock, K.C. the Hon: Mr. W. B. L. and we have must satisfaction in change Bonus of the Exchange Bonus Dividind Shenton, the Hon. 5. T. N. the knowledge that there are several share be paid to Shareholders would depend on the position of Ex- Chau, Messrs. G. S. Archbutt, J. W. young men with the ability to fill absorbing $440,000, and that the change and further that it was las The official statistics reveal that Alabaster, Frank Austin, John senior posts when the time le op Balance be carried forward difficulties opposing the development Bentley, C. Bewley Bird, J., W. Gportune,

the bank, where she can get at it.

Miss Garbo's contract with

Metro-Goldwyn-Mayer is up.

decides not to

she

FIVE YEAR PLAN IN DIFFICULTIES

Moscow, May, 6.

a

of the Soviet industry, in conformity Bonnar, J. D. Butener, B. M. C. dawe associate ours ves with

with the estimates of the Five-Year Cunha, J. D. Denby J. D. Dalziel, remarke

Flan, are growing up. The lack of qualifed workmen makes: Itsolt vividly felt and the productiveness is very inadequate.

A. Dastur, W. H. 8. Dant, W. Be of the Finnigan, J. M. Gordon, Ho Kom whom moh Tong, A. W. Hughes, C. C. Kaight I conclu WR. Mansfield, J. Ormiston, G. Hmore prosperous.

Extraordinary Meeting. C

Underwriting Suspense Account close the Account for the year

The Balance at credit of Work

Accountles this Balatice, your, Dire

dendior 38.

evitable that there would be varia- tions in the amount of this partici

ufarëdistribution. You will nen |

You that Ividend re

the EoFango Bonuk

with $14 per share, last

COLUM

NEXT CHANGE

THE LATEST CHINESE SUPER PRODUCTION

66

BUTTERFLY, WU IN

LOVE'S TRIANGLE”

SHOWING SOON -

THE GREATEST CHINESE. UNITED PHOTOPLAY SERVICE, TRIUMPH

"HUMANITY”

THE LATEST 1932 UNITED ARTISTS SPECIAL FEATURE.

SAMUEL GOLDWYN RONALD

COLMAN...

ARROWSMITH”

· UNITED ARTISTS PICTURE

HELEN HAYES”

COMING! COMING! -

HOWARD HUGHES

COCK OF THE AIR

CHESTER MORRIS

DCL

APT675 PICTURE

"D. C. L."

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WITH

COD LIVER OL is made from the

| Barley

factar

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EDINBURGH

Price Per 1 Ib: Jar$1:20

Per 2 15. Jar... $2.20

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