1940-05-22 — Page 15

THE CHINA MAIL, MAY 22, 1940.

Visia

Birmi

Caen

Vielu

LANDS

Wismar AMBURG

(Helsingb

Malme

MAINTENANCE CASE

Before Mr. Himsworth at Kowloon this morning Lindamira Rocha aum- moned her husband Carlos Passos Rissola Rocha, of 29 Ashley Road, for

1, Desertion from March 1934; 2, Failure to provide reasonable maintenance as from March of this year.

1.

ettin

Stargar

Complainant was represented Mr. M. A. da Silva, who asked for a week's remand, which was granted.

by

Luneburg

BREME

Celle

Stendal

HANOVER

antenos

Usnabrucky

Brunswic

Potsdam

Brejpf

Hildesheim Magdeburg Guber

Gotungen Halle

Wandhause Erfurt

ttenberg shoutous LEIPZIG

Wienbur RESDEN ==

Tegni

BoNitz

*

Reichenberg

pkink

Lille

Essen

Dortmund PElberfeld NEMülheim

Zapeld

OPENS TO-DAY

AT THE

KING'S

REMEMBER?

1931---CIMARRON

1934 — IT HAPPENED ONE HIGHT 1936-MY MAN GODFREY 1937----3 SMART GIRLS

AND NOW the unforget- table triumph of 19391

FRA

Carvsbad RAG

Thenbach

Quent's

Instant Wurzburg

Roden

Laon Reims

Mannheim

Heidelberg

Rilsen NUREMBERG || Piseko

Tabon

Heilbronn

Chartres

PARIS

Chai

Karlsruhe

Regensburg

Fontainebleau

Seut

Orleans!

Troyes

Chaumont

Nancy STRASBOUR

Epinal

STUTTGART

Baden

Landshut

Augsburg Paasan

*Robert

Reutl

MUNICH

Joigny

Colmar

Rosenheim

Salzburg Neustad

Wien

B&F Blais Yours

oten

Bourles

Dijor

Rott

R

Montlu

The relation of Abbeville, Amiens and Arras, towns' mentioned in the latest graphic despatches from France, to the British Isles and the Channel ports is shown in the map above.

CANTON INSURANCE OFFICE MEETING

HARDLY THE TIME FOR FORECASTS

SPIRIT OF MERCHANT NAVY

LONDON, TO-DAY.

THE SPIRIT OF THE MERCHANT

“I THINK YOU WILL AGREE that the present is hardly a time to indulge in forecasts of any kind. I can only hope that when we meet again next year it will be in happier circumstances," said Mr. T. E. Pearce, acting chairman, at the annual meeting of the Canton Insur-TER OF SHIPPING, AT THE AN-

ance Office, Ltd., to-day.

Mr. Pearce took the chair in the ab- at the end of the current year, comparing This sence of Mr. J. J. Paterson, who is in- not unfavourably with that for 1938.

account likewise discloses a fall in inter- disposed. He was supported by est of 369,000) when compared with the ac- Messrs. D. E. Clark, A. H. Compton, count for 1938, also at the end of twelve M. K. Lo, and J. H. Taggart, direc-months. tors. Mr. Pearce said:-

The statement of accounts for 1938 which

FALL IN ASSETS

NAVY HAS NEVER BEEN BETTER,

SAID MR. RONALD CROSS, MINIS-

NUAL CONGRESS OF THE NA- TIONAL UNION OF SEAMEN YES- TERDAY. TELEGRAMS WERE SENT PLEDGING LOYAL SUPPORT TO THE PRIME MINISTER AND THE LABOUR MEMBERS OF THE GOV- ERNMENT.

A review of the balance sheet will show

At the beginning of the war, said that the total of assets has fallen -by we now present to you, is I am pleased to H.K.$1,358,571.78 or £34,203-2-11, as express Mr. Cross, the Merchant Navy was say an appreciable. Improvement. on

that for 1937, the balance of $1,228,070.87 being ed by the chairman last year, is due very tacks by the enemy. In spite of this, ed in Sterling; this contraction, as explain- subjected to violent and ruthless at- better by $316,308.24 despite the fact that

largely to the loss sustained on our hold- income from premium and interest fell by ings of Shanghai mortgages and debentures,

there has never been any difficulty over $836,000. A. comparison of ratios re- veals losses at 54.27% for 1938 as against ket price and exchange, and also to London

which still continues both as regards mar--about getting ships to sall. 69.63% for 1937, while the rise to 30.20%

claims attaching to earlier years which from 28.43% in respect of charges is but have made severe inroads into the under- the natural sequence to the drop in pre-writing suspense account. I am pleased to mium. The underwriting surplus, after

say that the position in the latter respect twenty-four months working, was 15.53% as

has now been almost entirely liquidated. against 3.94% for the year 1937 at the same

The reinsurance fund remains at appro- stage. Interest shows a decline of $93.- 133.11, mainly due to the continued shrink-ximately the same figure as last year, while the investment and exchange fluctuation ac- age in the sterling value of the China na-

count and underwriting suspense account tional dollar.

reveal decreases of $601,811.82 and $803,773.- 00 respectively.

The balance at credit of working account, 1839, as at December 31 last, stood at

$1,888,908.34 and although this is less by All Investment and mortgage loans have

been included, as customary, at-or under $285,020.10 than the carry forward for ac count 1938 at the same stage, we are hope-market price or face value respectively.

ful that the elimination of certain unsatis- factory business will result in the outturn,

(Hofound by The Half Byndicats, Ind.) -

Dieting Dot says hor weightlost. problam would be solved. If some' kind solentiat would discover how to remove the calories from a plece of chocolate oake.

REDUCED DIVIDEND

the with for The surplus to be dealt 1938 Account is $1,228,070,67 out of which has been paid an interim dividend of $5 per share. We now. recommend a final payment of $7 per share-making in all $12 per share which will absorb $600,000 and the transfer of the balance of $628,070.87 close to underwriting suspense account to 1938 and previous years. This represents a reduction of $1 per share in the dividend and much as we regret having to advocate it, we feel shareholders will agree that, in view of the heavy shrinkage of over $93,000 or nearly 8 per share-in income from Interest, this course is but wise,

The balance of $1,888,808.44 at credit of the 1939 Account allows of the payment of an interim dividend of $5 per share far that year, leaving an amount of $1.638,960

44 to be carried forward.

The resolution, was carried unanimously. Messrs. D. E. Clark, A. H. Compton, M. K. Lo, T. E. Pearce, J. H. Taggart (and; S. T. Williamson were re-elected to form, with the chairman, the consulting commit tee for the current year, while Lowe, Bing- ham and Matthews and Percy Smith, "Seth and Fleming were re-appointed auditors-for the year at a fee of $1,500 each:

THEFT OF SCRAP

Sentence of three months hard labour was imposed on Lau. Hung, 30, by Mr. H. G. Sheldon, K.C., this morn- ing, for the theft of 36 pounds, of scrap Iron from the Government Store.

Defendant was found in the com- pound at about 9.80 p.m. yesterday, with the iron in his possession.

|

They could not have a healthy in- dustry without proper conditions and pay for the men.' He would endeavour to see that the Merchant Navy as a whole got a square deal-owners, of- ficers and men.--Reuter.

EXCHEQUER RETURNS

London, To-day. Exchequer returns show total or- dinary revenue at £111,384,022 for the period April 1 to May 18.

with This compares

£90,488,281 for the period April to May 20 last year.'

The total expenditure for these two periods is £816,525,422 and £153,- 741,460.

The revenue derived from income tax is almost twice as great as a year ago and on the expenditure side that allocated to the supply services has risen from £118,850,000 to 711,000-British Wireless.

£274,-

CAUGHT INSIDE VICTORIA BARRACKS

Lau Chun-wan, 21, was charged before Mr. H. G. Sheldon, K.C., this morning, with stealing a wallet and other property of Signalman Harring- ton, at Victoria Barracks.

At about 3.45 a.m. yesterday, de- fendant was found by L. Cpl. Carter hiding inside the barracks. The ar- ticles were found in his possession.

Sentence of six months' hard labour was imposed.

*Nan

CUMMINGS - GREY

*GLORIA JEAN

The

UNDER-PUP

There's one in every family!

★BEULAH BONDI

★ VIRGINIA WEIDLER

★ MARGARET LINDSAY .

★C. AUBREY SMITH

★ BILLY GILBERT

★ ANN GILLIS

★ RAYMOND WALBURN ★ PAUL CAVANAGH

sk SAMUEL S. HINDS.

A JOE PASTERNAK

PRODUCTION

Original story by EA. Wylie • Scremploy by GROVER JCHES Directed by RICHARD WALLACE. A New UNIVERSAL Picture

SHOP TO BEST ADVANTAGE AT

THE

ASIACO

101-KWAN BLDG. DESVOEUX RD. C.

FOR GROCERIES BUTCHERIES

FRUITS GREENS

& SUNDRIES

LINGE

MON

DELIVERIES

7. A.M. 12.NOON 4.P.M.

LEAVING

DEPOT

NO EXTRA CHARGE FOR MONTHLY CREDIT

THEFPIRING

RELAN & AL CRUN VIDITE & GENERAL

a dan kaka MELAY

4

וי,

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