1914-02-21 — Page 7

Nerve Strain-

THE HONGKONG DAILY PRESS, SATURDAY, FEBRUARY 21ST, 1914

Mr. B. C. HUCKS (the well-known Flying Man), of 5.Queen's Gate Terrace, London, England, writes :- "I really must express my appreciation of Phosferine. Some time back felt myself in a curious state of nervous tension, brought on, no doubt, by the severe strain caused by flying under all sorts of weather conditions for the Daily Mail tour. I had an idea that my nerves were becoming shaken. I was advised to try Phosferine, and was quite astonished at the beneficial effect produced by even the first few doses. I am now feeling more 'fit' than ever and ready to start upon a season's flying that promises to be considerably more arduous than the last.”

No other medicine has received such absolute proof of its extraordinary Properties in restoring Shattered Constitutions, and in giving back to the prematurely aged New Life and Energy.

CAUTION

There is only one Phosferine—beware of illegal imitations: do not be misled by Phosph This or Phosph That,

but get

PHOSFERINE

THE GREATEST TONIC AND DIGESTIVE

HAS BEEN SUPPLIED BY ROYAL COMMANDS TO—

The Royal Family

HIM: the Empress of Russia HM the King of Spain

|_ H.M. the Queen of Spain

H.M, the late King of Greece

H.M. the Queen of Roomanin, etc.

Prices in Great Britain: 1/1), 219, & 116.

Sold by all Chemists, Stores, &c. The 2/9 size contains nearly four times the 1/13 size: TROPRIETORS: ASHTON & PARSONS, LTD., LUDGATE HILL, LONDON, ENG.

SWAN

ILLUSTRATED CATALOGUE

To

FREE.

FOUNT PEN,

DEFIES HEAT

Its perfect it and scientific construction preventing that annoying clogging and evaporation of the ink which attends the use of the old-fashioned dip pen or the cheap and nasty type of fountain pen. The Swan" has a perfect ink-feed, is fitted with a gold nib iridium tipped,.. does not leak, and is easily filed and cleaned; K

COMPANY MEETING,

LAOC, KUNG 30W COTTON SPINNING AND WEAVING CO.

The Lwentieth ordinary general inccting of shareholders in the Laon Kung Mow Cotton Spinning and Weaving Company was, held at Shanghai on the 11th inst., at the offices of the General Managers, 22, Kiange Road, Shanghai. There were present Messrs. E. C. Pearce, presid- ing C. Michelau, C. M. Bain, and Chung Liang yue directors, and 0. L. Ilbert, TH. C. Marshall, H. E Campbell, J. A. Sucka, A. R. Murphine, A. B. Rosenfeld, J. West, A. Widmann, W. H. Beatty, D. Brand, F. Wilkinson, and Yoh Ping-ur, the attendance representing 1,927 shares.

meath, the necessary depreciation of 5: per cent, per annum upon the time it has the balance of the depreciation being been runding amounts to only Tls 820,

applied to the old plant; which will then stand in your books at about Tis. 37,000, against an original cost of Tls. 640,799.45, that is, a reduction to 43 per cent, of its original cost.

With regard to this method of disposal of the credit standing at profit and loss account, the policy of your directors has heretofore been to keep the book value of your plant well depreciated, and although qualisation of dividend accounts and reserve accounts may have their attractive side, the life of machinery not being infinite,, your directors think that the present policy should be continued I would ask you to bear in mind that not only is the life of your will machinery The CHAIRMAN-Gentlemen,--Below prowe has been running night and day con- now on a much better foting than if eceding with the business of the mating, timously during our existence, but I should like to place on record the desp regret I am sure we all feel at the loss repair and renewals have been fully kept the Company has sustained in the death

up to date, being annually debited, to of Mr. J. M. Young, who for so many profit and loss account, while the fore years acted as one of your directors. His going depreciation has been sound judgment and business capabilities entirely out of things also. in all matters pertaining to the Com depreciation must be provided for spon With our present full time working, pany's affairs will be sadly missed.

Returning to the business of the nect ing, the report and accounts having been in your hands for some days, we will, with your permission, adopt the usu procedure and take then as read..

effected

even fuller lines in Futura, but with our larger production, matters appertaining to future accounts can be well left at the present time to future consideration.

You will notice that the stock of yarn carried appears to be somewhat large. The year 1913 opened very propitiously Needles to remark, however, that with for local cotton spinning and the result

our largely inertased production die to of the first half-year's working was highly the ingreased number of spindles now satisfactory. During the third quarter, running, together with the almost doubled however, our local yarn markscs, owing number of working hour, the propor- to the rebel attack on the Kiangnan tionate stock is not so heavy compared Arsenal and the subsequent fighting with last year's figures, as might at first the vicinity of Shanghai and Woosung glance appear Deliveries during the became demoralized from July 23rd until closing weeks of the year were moderate. well into August; prices declining some only, and in times of somewhat indifferent Tlso to Tls. 10 per bale, according to demand the off-take for our chops cannot count, and inasmuch as a considerables immediately widened to respond to portion of our spinnings is taken by markets in the adjacent neighbourhood, it not unnaturally took some little time before sales and. clearances of your spinnings assumed their normal pro portions. However, taking the year as a whole, the result of the mill's working has not been unsatisfactory, and your Board trusts that the accounts for 1913 will be approved by the shareholders.

The extension of the mill by adding another wing to the old building and Installing an additional 6,720 spindles and the necessary preparatory machinery was completed by the end of October and work commenced on November 3rd. The Kreator portion of the new plant being orked by electric power supplied by the Municipal Council's Electricity Works, this electric drive installation is proving both Satisfactory and economical; at the moment we have two motors aggregating 75 horse power driving a good aber of our drawing, intermediate, slubbing and reving frames. This drive is having your Board's most careful attention, and it is probable that this power will be further adopted in the mill.

The whole of your old plant is a thorough good order, and is a speaking testimony of the good work of Messrs Tweedules & Smalley Needless to say, your new plant has been supplied by this eminent firm of machinists.

On December 16th a fire occurred in the mixing room of the mill, but owing to the prempt action of our

sprinkler installation and the timely and able assistance of the Shanghai Volunteer Fire Brigade, a fire of large dimensions was sared, the loss only amounting to some 750 pieuls of cotton, which was fully covered by Are insurance, while work at the mill was only stopped in consequenes for twenty-four hours.

It was forcehadowed in my last speech that au soon as the mill reached an adequate number of spindles to render night work as well as day, with the necessary additions to the staff naturally entailed thereby, an economical proposi- tien, it would be considered.

This has now been decided upon, the mill having, as already notified you by circular, been manning night and day since November 3rd Your spindles now "total 40,096 spindles, having been increased from 3 mill of 30,000 spindles in 1900 without increase of capital having been asked for or required.

Turning to the accounts, you will have seen from the report now before you that the result of the year's working shows a credit at proft and less account of Tls. 158,623.54, which your Board recomment to be dealt with as follows:-

Te

To pay a dividend of Tls. 12.

per share on 3,000 shares. 96,000.00 To Depreciation of mill build-

ings...

To Dopreciation plant and a

machinery.

0,339.14

THE SWAM

32,208.77

To Depreciation furniture...... To Depreciation land inprove

ments

250.00

1,000.00

·SOLD BY ALL JEWELLERS STATIONERS AND IMPORTERS. ·

MABIE,

TODD & Co

Manufacturers, LONDON.

LIFE WITHOUT HEALTH IS LIVING DEATH.":

BRAIN AND NERVE FOOD

VETARZONE

This remarkable compound, the latest discovery of inders times, is without equal in all cases of defective nerve and brali power, whether induced by worry, overwork, dissipation, or other Andacuces Sleeplessness palpitation, detective circulation, nervous dyspepsia tie or nedralgis, ow spirits, mental and bodily rustration, want of confidence, ganaral debility, premature decay r demency of the vital fortes, loss of vitadty, harassing dreams, statieseness that can rettle tɔ Zoeg, treitability of temper, female complaints. hysteria, backache, bearing down sensations,

sting discasca, consumption, night sweats, muddy, high-coloured water, A, are all sĎ ZORO. different phases of brain and nerve wreckage and exhaustion, the cause of a far the great. partion of the misery, ill-health, and despondency by which we are confronted on every hand, that can only be successfully combated by the use of this wonderful and highly scientific preparation. Bracing apie system generally, it give tone to the exbausted nerves, arrests all weekening wasting discharges, restores the failing energies, and imparts new life and vigour to those who had so recently seemed played out, used un izd valueless. Bottles Price 28. 94.

WITHOUT PURE BLOOD HEALTH IS IMPOSSIBLE.

BLOOD

VETARZO MEDICINE

Never before was there cnything like it, nor can its marvellous properties ever be equalled in all cuses of poorness, impurity, or other imperfection of the bicos trous whatever cause leg. No sooner is it fighlbediate the system then it permeates sad penetrates to the ruitutet capil Dries, overcoming and expelling disease wheressorer and lawhatsoever form met with; retuoving hotches, pimples, scurt, storey scrofulons and landoler swellings, discolorations, coughnes Bid masigly patches, &c. Its elects wealthiest fanget in the treatment of gout, rheumatism sciaticu, lumbago, pains and swellings of the joints, discharges blood poison, ecsens, lepra phorised legs, bad breasle, abscesses, ulcers, wuson, sure gore or Derbyshire neck, ingreves the general Health, and quickly moves long-standing bronchitis, asthma, and teckine

raining, spasmodic cough, too often the preced commupiion. Dottles Price 25. §.

end stamped addressed envelope for free booklist, on P.O. 2/9 for tried bottle or either ready, to THE VETARZO REMEDIES CO., COSPEL DAK, LONDON Unprincipled Vendore may try to pall you something else for extra profit-do not accept it, but insiez un avis 1063 NETARZO. TESo genuina has the words "VETERM REMEDIES" on Government. Stemp. YETARZO REMEDIES ARE SOLD 1. 3OOTS, 24h ChziPIRYA,

To 10 per cent. Commission on *Tls. 100,309,61 (being Tis. 168,623.51 less balance of 1913 account Tis. 1-455.99 and proposed depreciation of Tls. 42,857.91) to the General Managers in ac cordance with their agree- ment.....

To be carried forward to new

account

10,330.96

8,804.67

Tls. 158,623.54

Taking the position of your assets, you will notice, if you kindly turn to the accounts, this to buildings account has been added the cost of the new wing, Tls. 37,33914, bringing the present bock value of your buildings up to Tls 109,399.44. From this amount, depreciation of Tls. 9,339.14 is recommended, which, if you pass the report, will make your buildings account stand at Tis 100,000), a figure which I need hardly say is very con- servative value for a mill of our present capability

With regard to your machinery, Tis 94,258.77 has beer added, being the cost of the new 0,720 spindles, preparatory machinery Sprinkler, erection, etc., bringing the present took value of plant up to Tls 102,265,77, which by the delic tion of the recofamended depreciation will Stand at Fl 070,000 a your new plant has only been in operation for under two

largely increased output. However, I' may mention that clearances are now more than keeping pace with our pro- duction, and the stock carried at the end of the year was already all sold forvard.

I would like to say a few words of praise in connection with the Cotton Testing House; this institution, established by the Anti-Adulteration Association with the assistance of the Chiness Maritime. Customs, has been more beneficial to local mills than the ordinary shareholder is aware of; that all local cotton mills, I refer more especially to the Chinese owned ones, do not see their way to support the institution, is beyond my understanding. Any mill manager wifi. tell you that they have, since the Cotton Testing House was started, been able to show a saving of 3 to 4 per cent. weight of their cotton. This difference when dealing in thousands of "pieuls of the raw article means at times the differ ence between a profit and a loss on the working account. Under the manag ment of Mr. Macgregor, secunded from the Customs service, the Cotton Titing House is doing, and has done, a pioreer's work in cleansing the iniquities of watering cotton, and deserves the support of all interested in the brade of raw cotton either for local consumption or

export.

the

In concluson, a few words of thanks are due to our mill manager, Mr. Murphine, and the staff working under him, who,

nut only carried on their ordinary work roughout the year under review, have in the mill, but thoroughly supervised the erection of the now plant.

ing.

There were no questions; and the follow- 1esolutions were. unanimously adopted:

Proposed by the Chairman, seconded by Mr. Michelan: That the report and accounts as presented be passed.

Proposed by Mr. Michelau, seended by Mr. Bain That a dividend of Tls. 12 per share be declared for the year ended Dezember 31st, 1913:

Proposed by Mr. H. C. Marshall, seconded by Mr. A. B. Resenfeld: That the appointment of Mr. C. M. Bain as a director of the Company be confirmed.

Proposed by Mr. John West, seonded Mr. H. Widmaan: That Mr. C. Michelau. and Chung Liang-yue le re-appointed directors of the Company

Proposed by Mr. Rosenfeld, and sconded by Mr. O. L. Ibert: That Mr. George Wingrove be, reelected as the Company's auditor for the current year.

Proposed by the Chairman, seconded by Mr. Bar That the next general meeting. be held during either the month of February of March, 1915

The Chairman acknowleged a vite of thanks, and announced that dividend warrants would be posted that evening if possible, or to-day.

HIMROD'S

Given hatant kailere

ó matter what your respiratory. Organs may be suffering ma-whether ASTHMA, INFLUENZA, HAZAL DA TARBH, or s ORDINARY QOUGH. -you wil and in this famous remedy a restorative power that is simply. unequaleda

FAXED P Sold by tips by $tores thruzhout

IJAYAUX #

CURE FOR

Beetham's

4 TEARS

at Chemists and

The Counte

DITATIONS,

ASTHMA

Makes the Skin as

SOFT AS VELVET, and keeps it SOFT, 8MOOTH and WHITE-

all the year round gang- Removes and prevents Roughness, - Redores, Limation, Tam; tim COOLING AND REFRESHING DURING THE SUMMER HEAT

M. BEETHAM & SON, CHELTENHAMOTO, TREELAND

C9

Give her

Bovril

Because the Body-Building Rower of Bovril has been proved to be from 10 to 20 times the amount taken.

A truth which nobody denies

is, that the maturing of whisky by time and nature cannot be hurried. Ouly hy years in bond can it acquire the mellowness for which

JOHNNIE

is famous.

WAGKER

JOHNNIE WALKER "White" Label,

Over years old. JOHNNIE WALKER "Red Label,

Over to years old, JOHNNIE WALKER" Black Label *****

Over 1 years old.

To safeguard these ages our policy for the future is the policy of the past. First and foremost to see that the margin of stocks over sales is always large enough to maintain our

our unique quality.

Guaranteed same

quality

throughout the world.

To be obtainext from

KAMP & CO., SHANGHAI, PERRIN, COOPER & CO... TIENTSIN, THE HANKOW DISPENSARY, ÚTD.,

HANKOW SIEMSSEN & CO. ******

·CANTON and HONG KONG.

JOHN WALKER & SONS, LTD. Scotch Whisky-Distillers. Kilmárneck,, Scotland.

CLARKE'S

B. 41. PILLS.

A waimuted cure for all acquired or constitntical Dis- charges from the Urhary Organs it either sex. These famous Fills also cure Gravel, Paine in the Back and ali Kidney Disorders. Free from mercury, Forly years' suc cess. Sold by all Chemists and Sterkeepers throughout the world..

Gibbs's

SUPERINTED COLD CREAM

Sheating

no WASTE.

When the Stop SAMT to the Folld the holder, the Temale om wed by pushing it go from the bottom by the Fußer

PRODUCES A FINE CREAMY LATHER DOES NOT DRY ON THE FACE

MADE

WAL

ENGLAND.

RIGAUD'S

KANANGA

OF JAPAR

TOILET WATER

Beibare

of imitations.

·RIGAUD & C

PERFUMERS

8 rue Vivienne, 6

Park-France

Born 1820:

Still going

strong.

11213

DARLINGTON'S HANDBOOK.

"Sir Henry Ponsonby is com manded by the Quem to thank Mr. Darlington for a copy of his Handbook."

"Nothing better could be wished for."-

British Weekly. Far superior to ordinary guides.

Daily Chronicle. Visitors to London should use

DARLINGTON'S

LONDON.

AND

A brilliant book.”—The Times" Particularly good.”—Academy BY E. C..COOK and Enlarged Edition

·E. T. Cook, MA, MA50

24 Maps and Plans

ENVIRONS

60 Illustrationis,

NORTH WALES. 60strations

DEVON AND CORNWALL

** 10 Maps Sa: 13.

80 Ilustrations,

12 Maps

નવં હું

58.

Visitors to Brighton, Eastbourne, Hastings, Bournemouth, Wyo Valley, Severn Valley, Bath, Weston-super-mare, Malvern, Hereford, Worcester, Gloucester, Landrinod Wells, Llangollen, Aberystwyth, Towyn, Barmouth, Dolgelly Harlech, Criccieth, Pwlhell Llandudno Rhyl; Bettws-y-cool, Isle Wight and Channel Islands should send for DARLINGTON'S HANDBOOKS 15. each.

1s., THE HOTELS OF THE WORLD. A Handbook to the lading Hotel throughout the World.

LLVNOOLLEN DARLINGTON & Co.,

LONDON SIMPKIN & Co.:

LONDON BUYING AGENTS.

We offer you our services as buying agents for British or Continental goods, Established in 1844, but thoroughly up-to date, our success is attained by making our customers, interests our first aim.. Fire expert buyers, with cable staffs, manage different departments, buying with greatest care every class of goods, giving our customers all the advantages. of wide experience, and ensuring their requirements being rightly supplied at lowest prices and best discounts.

KEYMER, SON & CO., Whitefriars London, Telegrams, Keymner, London," Est. 1844.

THE NEW FRENCH REMEDY: THERATION NO..

KUSLY DESTUARABA, Kymis 8E, WIRESET INJECTIONS.

THERAPION NO.

CUTE KLODY POTHON, TAD BGN FIN. ZUPTIONS.

THERAPION No. 3

A CHINA RAKATANES, DESA, IS! Viap STID ET LÆRADING CHEVRIS, FRION IN MNGLAND, 27. KENDITAMP ADDRESS LEYLLOPE FOR FREE BOJE TO P. La Curto Bira, Oe. HAVERSTOCK En Hawksrust, Loanses" TET JEW DELAND (TAKIMLIBR) FORM OF

THERAFION

NEKAKINADAS

A CURE

FOR YOU.

„LİNE 'AND

AND SYRK, EM PHÁT THANH HANIE BAN LIEDMAIDS? xã đến SKIL GOVE, STAMP AJSTIND TO, ATE GENUDE PACHNTY, KSIST ON HAVING THERAPION.