1938-03-23 — Page 16

EMPRESS to America, Europe

Hong Empress Kong

of

Yoko-

saki Kobe

Leave Leave

Honolulu

Lesve

Apr. 6 Apr. 8. Apr. 14. Apr. 21 Apr. 23 May 4 May 6 May 13

Leave Arrive Leave

Japan Apr. 1 Apr. 3 Asia

Apr. 15 Apr.. 17 Apr. 19 Canada Apr. 29 May 1

Van- conver Victoria Arrive

Apr. 19 May 2 May 18

17 Days HONG KONG to VANCOUVER By DIRECT EXPRESS ROUTE FROM YOKOHAMA - 18 DAYS VIA HONOLULU, PARADISE OF THE PACIFIC

Air-conditioned equipment on C.P.R. Trans-Continental Trains. Frequent Canadian Pacific Atlantic sailings to European ports.

TO MANILA

Empress of Japan on Friday, March 25th.

AT 6 P.M.

Canadian Pacific

Union Building

SPANS THE WORLD

Telephone

20752

G. FALCONER & CO. (HONG KONG LTD.) WATCHMAKERS & JEWELLERS, DIAMOND MERCHANTS,

UNION BUILDING (opposite G.P.O.)

Agents for:— ADMIRALTY CHARTS,

ROSS' BINOCULARS and TELESCOPES, KELVIN'S NAUTICAL INSTRUMENTS,

ENGLISH SILVERWARE Direct from Manufacturers,

High Class English Jewelery.

CHINA MAIL.

GROWING POPULARITY OF REPULSE BAY LIDO

THE GROWING APPRECIATION OF THE PUBLIC OF AMENI- TIES OFFERED BY THE REPULSE BAY LIDO, WAS MEN- TIONED BY MR. JOHN FLEMING, CHAIRMAN, AT THE ANNUAL MEETING OF THE HONG KONG REALTY AND TRUST COMPANY HELD THIS MORNING AT EXCHANGE BUILDING.

Mr. Fleming said:

less such Administrative charges not

The profit for the year under review specifically itemised in the Profit and amounted to $54,104.68, which, together Loss Account, and reflects the incress- with the sum of $55,661.80 brought for-jing patronage extended these assets ward from the previous year, makes during the past year.

in

available $112,766.40 for allocation, and The Lido Establishment recorded 2 the recommendation of your Board in considerable revenue gain in 1937 and this regard, is to pay a dividend of there is little doubt that with the pass→ - twenty-five cents per Share, absorbing ing of time, the public is becoming: |$50,000.00, and carry forward the re-more appreciative of the amenities it

maining balance of $62,766.43 to the offers. 1938 Account

The Bungalows, for the first year A perusal of the Profit and Loss Ac- since erection, contributed in minor de- count reveals that the profit for 1937gree to the general profits, and were- increased by approximately $7,500 by ing feature being that no vacancies in constant occupation, a very gratify- comparison with the preceding the principal contributing factors

year, existed even prior to the abnormal ac- the presentation of such a satisfactory Colony in the latter stage of the year commodation problem that faced the result being the augmentation of just ended venue from Dividends on Investments by some $16,000, and a turnover of $24,000 in the Balance of Working Ac- count from a debit item of $13,374.60 part excepting that the Market to a credit of $10,70232:

Value of Investments shows consider- NO VACANCIES

able decline on comparison with the This last mentioned figure repre-Balance Sheet. With the recent rise value shown in the previously issued sents the profit accrued on operation of in values, however, the difference bas,- the Repulse Bay Lido and the Com-at the moment, been almost covered pany's Bungalows adjacent thereto, and the returns for the current year give promise of materially exceeding

1937.

calls for no particular comment an The Balance Sheet, I would submit,

NEW the dividends brought to credit for ADVERTISEMENTS

PUBLIC AUCTION

The Undersigned have received instructions to sell by Public Auc- tion on

Friday, the 25th. March, 1938 commencing at 2.30 pm. at their Sales Room, 4 Duddell Street

A Very Fine Collection of

· Chinese Art Curios comprising:-

BUILDING COVENANTS

My predecessor mentioned to you at year ago that your Board intended. seeking from Government some revi sion of the Building Covenants at- taching to the undeveloped properties-

B-Lots 366 and 367 at Bepulse Bay result ut upon the représentations › made, an extension of fulfilment time auty the e 28th October, 1939, has been. granted, and the relevent notation in the Balance Sheet has accordingly been amended.

The profit for the year being ade- quate for the purpose, your Board are recommending the payment of a Small dividend of twenty-five cents per Share, which I trust will receive your approval. I take this opportunity of Old Porcelain Vases & Jars, stating that, having regard to present Carved Ivory Figures, Jade & Agate indications, it is considered that the Vases, Incense Burners, Brass payment of such a dividend can be Ware, Ornaments, etc., etc.

maintained in future and “in the cir- cumstances it is not proposed to con- Old Bronze Incense Burners,tinue payment of Directors Fees upon Vases, Old Paintings, Embroidery, the reduced scale which was operative Bugs, etc, etc.

during the past year.

also

There appearing to be no other mat- ters to which useful reference can be

Some Very Handsome Inlaid & made, I now beg formally to propose Lacquered Screens.

On View from Thursday, 24th March, 1938.

that from the balance of $112,766.48 the Loss Account at the 31st December,

standing at the credit of Profit and

Terms: Cash on delivery.

LAMMERT BROS.,

Auctioneers.

Hong Kong, 23rd March, 1938.

INDO-CHINA

of

1937, a dividend of twenty-five cents per share on 200,000 shares be paid, and the then remaining balance $62,766.48. be carried forward to Account for the year 1938.

the

the

OTHER BUSINESS- Mr. W.-C. Clark seconded and report and accounts were unanimously Jadopted.

Messrs. E. M. Raymond and P. K. Kwok were re-elected directors on, the motion of Mr. P. E. Suckling, second- ed by Mr. M. Cario, while Messrs. Lin- stead and Davis were re-elected audi- tors on the proposal of Mr. A. M.- d'Eca, seconded by Mr. W. C. Clark.

STEAM NAVIGATION COMPANY T The following attended: Mr. John

To SHANGHAI, via SWATOW, CHEFOO and

"Hang

TIENTSIN

25th Mar. 10 am.

To SINGAPORE, PENANG

and CALCUTTAX

23rd Mar. 2p.m

"Chaksang" 3rd Apr. 2pm To KOBE 2113 OSÁKA

“Kwaisang*** "Taksang

6th Apr. Noon 8th Apr.

To TIENTSIN

"Chang On" 31st Mar. 5 p.

TO SANDAKAN

"Hinsang" 15th Apr. 10 am,

23rd Mar. 5.p.m. 28th Mar 5 p.m.

1st Apr. & pa

JARDINE MATHESON&Co.l TELEPHONE 30311 GENERAL MANAGERS

Fleming, chairman, Mr. E. M. -Ray-· mond, Mr. P. K. Kwok, the Hon. Six- Shoc-son Chow, Mr. T. E Pearce, (directors), Mr. J. E. Taggart (man- aging director), Mr. F. C. Barry (se-· cretary), and the following sharehold ers:-Messrs. W. C. Clark, P. H. Suck- ling, A. M. d'Eca and M. Cario.

YESTERDAY'S SOLUTION.

ABACK

KAP (CIRE:

NO EER I

M S

PU

VERNSTONI EMN U SİTTİ:

RE SRS

DELETED

VUSED ANI ED AZA

TRESS