1924-03-07 — Page 3

Page

SPECIFY

S. K.

K. F.

BALL BEARINGS

ON ALL MACHINES YOU ORDER.

Wcan, apply Bearings for all kinds of Machines. FOWER SAVING. NO HOT BEARINGS. SELF ALIGNING

REQUIRE LESS ATTENTION.

THE UNITED ASBESTOS ORIENTAL AGENCY, LTD

Tel. Central 230.

SOLE AGENTS FOR HONGKONG,

Address: 3, Queen's Buildings,

JUST RECEIVED

·A GREAT ASSORTMENT OF

EAR-RINGS, PEKING BLUE BEADS, MANILA HATS, SILK LANTERNS AND LAMP SHADES.

THE SWATOW LACE CO.,

Manufacturers and Exporters

OF

LACES, DRAWN-WORK AND

EMBROIDERIES.

17a, Queen's Road Central.

A

GREAT REDUCTION SALE

OF

SWATOW DRAWN WORK

SILK EMBROIDERIES

MAH-JUNGG SETS

AND

HAND-MADE LACES IVORY WARE MANDARIN COATS

All Kinds of LADIES' FANCY GOODS.

Those desirous of obtaining

VALUABLE GIFTS

Should not fail to Visit

THE HONGKONG DAILY PRESS, FRIDAY, MARCH 7TH, 1924.

SWATOW DRAWN WORK COMPANY,

16, Des Voeux Road Central,

M. Y.

SAN & CO., LTD.

MANUFACTURERS

Fi

STEM G!

OF

FÉSERVER SHOICE SELECTED BEST YOUNG STEM VINGER THIS SIDE UP WITH CASE M.Y. SAN & CA (

MADE IN HOMO KONES

BEST PRESERVED

"

STEM GINGER.

HEAD OFFICE: Now. 82 to ICO, Queen's Road Central FACTORY: Canton Road, Kowloon.

MỘNG XUNG

BRANCHES AT: Hanila, Singapore, Ebanghai, Canton, China.

BICYCLES

Telophone LADIES', GENTLEMEN'S or Tandem

K711.

FOR HIRE OR SALE.

Boys and Girls' Bicycles Just Arrived,

HANG LEE CYCLE CO.,

39, HAIPHONG BOAD, KOWLOON.

Next to PALACE HOTEL,

Telephone EY11,

The CITROEN.

The Last Word in Car-Economy RUNNING COSTS LOWER.

Less Tyres

Less Oil

Winner 3 years running 1920-21-22, Grand Prix for Low Consumption.

Cars for Sale:

LEPACK CO., LTD.

50-82, Queen's Rd. C.

COMPANY. MEETING..

The above proposed allocations for the year under review have been incorporated UNION WATERBOAT CO., LTD. in the accounts, and, should these recom mendations be adopted, the General Re The nineteenth onlinary annual meet serves (as you will notice on reference ing of the above Company was held at to the Balance-sheot) will be, increased the slices of the general managers from $750,000 to $1,000,000. Consequent (Mesars. Dodwell and Co., Ltd.), Queen'sy with the Land and Buildings Reserve Building, yesterday, Mr. J. P. War-standing at 83,-153,767.48 and the Con- ren, Chairman of the Consulting Construction and Development Reserve at mitter, presided. Other members of the $500,000, the total Reserves of the Can- Committee present were the Hou. Mr. pany will amount to $4,000, 767, 48, A. O.. Lang, and Messrs. C. J. F. Quarles Van Ufford, Y. Yamamoto, and W. Adam son, shareholders being represented by Messrs. W. Hardwith, "Van Eps, F. M. Eilis, Chau Yat Fang, Q. Ribeiro, and G. . Edwards with Mr. Walter Gray A.L.C.A. (secretary).

|

Mr. C. Montague Ede resigned his seat on the Directorate on the geth November, 1923. The Hon. Mr. P. H. Holyoak and Mr. E. S. Kadoorie, having joined the Board by invitation, these appointments require confirmation at this meeting. The Hon. Sir. C. Paul Chater, Kt, C.MG retires by rotation but being eligible, offers himself for re-election.

HONGKONG SHARE MARKET

» OLOSING QUOTATIONS

MARCH 6TH, 1924. Hongkong and Shanghai

Banks

$1,145 b.

Union Insurances "Star" Ferries Kowloon Wharves Whampoa Docks Hongkong Lands Hongkong Hotels Cotton Watrous

The CusшMas, in moving the adoption of the report and statement of accounts for the year ended December 31st, 1923, said: The report and acconats have been in your hands for some days and i will follow the usual eustom and take them as read. Profit for the year under review, after writing off depreciation and includ ing balance brought forward from last account, amounts to 857,951.46 which the Consulting Committee recommend apply. ing as follows and I trust this will meet with the approval of the shareholders Transfer to Special Repairs Fund. 85,000; transfer to Insurance Fund, 34,000; trang- fer to New Waterboat "Building Fund, 210.00; dividend 81.25 on 21,723 shares which will absorbs, 834,633.75: carry for ward to 1024, 24,207.71. The Superinten- dent's report shows that all boats are in good condition. Lai Chi Kok wharf suf- fered severely during the typhoon season. Temporary repairs were made which we hope will tide us over until the new Gov- | THEATRE erament basin is completed. There were anny diffealtics faced during the first four months of 1923, owing to shortage of water, which have been successfully dealt with. During the last few months of the year there was a good water sup- ply and the strain on the boats has beca very heavy. The Consulting Committee has decided that the time bas now arrived to build a new waterboat. The superin- tendent, and staff have given every satis faction

The Hon. Mc. A. O. LANG seconded the adoption of the report and statement of accounts. There were no questions, and the resolution was carried unanimously,

Mr. VAN UPFORD proposed, and Mr. ADAMSON seconded, that the appointment of Mr. Y. Yamamoto as a member of the Consulting Committee rice Mr. K H. Kamei be confirmed. This

*ULD- WILS animously carried.

19

Од a proposal by the CHAIRMAN, seconded by Mr. F. M. ELLIS, Messra. Linstead & Davis were appointed auditors rice Mr. C. Bernard Brown, A.C.A.

Hongkong Trams Lane Crawfords

$912 b

.89 0.

$ITS &

.8148 a.

Stel b

J

The 15 b.

.27 b.

...$19ja.

5.-buyers; —sellers; 13-mezies

HONGKONG.

ROYAL

Under the Patronage and Presence of H.E. THE GOVERNOR and LADY STUBBS.

GRAND ORCHESTRAL CONCERT.

The Fall Band of the 1st East Surrey Regi Rent (30 performers) in a Choice Selection of Light Classical Compositions.

----

Also: PROFESSOR GONZALEZ;-

·Mr. E. G. ¤'AQUINO.

MARCH 13, 9.15 F.

In closing the meeting the Chairman Booxing ANDERSON MUSIO CO, LTD announced that dividend warrants were now ready.

-

COMPANY REPORTS. THE HONGKONG & WHAMPOA DOCK CO., LTD.

The report of this Company for the year ending December 31st, 1953, statre The Gross Profit for the year

js

After paying Inter

est

and depreciating

$232.678.63

Plant, etc.. by ... 270.281.91

$779.077.$1

-$502,960.54 there remains a net profit of... $76.116.67 and adding amount brought forward

45 per last Re- port

les Interim Divi.

dend paid 5th

$583.650.29

October, 1923... 240,000.00,

343,680.00

leaves available a sum of...... 8819,796.00 which the Directors recom-

mend to be appropriated as follows:-

1

To pay

Final Dividend at the rate

of 10 per

...cent. per annum

or 85 per share... $300,000.00

To carry forward

to new account... 310,700.06

-$619,796.06

In accordance with Article No. 90 of the Company's Articles of Asociation, cho Hoa. Sir Paul "Chater and Mr. H. "P. White retire by rotation 'nad offer them- selves, for re-election. Mr. T. G. Weall retired from the Board on leaving the Colony, and Mr. J. P. Warren was in- vited to join the Board, which appoint- ment requires confirmation at this meet ing.

Mr. L. P. "White has been appointed Chairman for the year 1914.

THE HONGKONG & SHANGHAI HOTELS, LTD.

...

The report of the Board of Directors of the Hongkong add Shanghai Hotels, Ltd., for the year ended December 21st, 1923, states:

their

After providing for a Bonus of 10 per cept., to the European Staff on salaries and paying the usual bonus" to the Chiscec Staff at Chinese New Year, the proft op Working Account for the year 1923 amounted to 31,582,813.54. **

The Balance at credit of. Profit, and Loss Account (including the sum of #25,714.10 brought forward from the pre- vious year), after providing for Bad and Doubtful Debts and $290,933,98 in respect of Interest on loans and mortgages, also setting aside 8237,387.82 for depreciation, amounted to $1,068,750.15.

Deducting the Interim Dividend (amounting to 8264,802,50) declared ja November last, the sum of $803,087.65 remnine, which your Directora recommend be apportioned as follows: To Pay a Final Dividend of 75 cents per share on 376,000, abares

To Pay a Bonus of to cents

$281,250,00

per share on 375,000 shares.... 187,600.00 To Transfer to General Tle-

Berver

To Carry forward to now

account

250,000.00

€5,237.65

$803,987.05

#3. $2 and $1

[309

C. E. WARREN CO., LTD,

BANITARY ENGINEERS,

MONUMENTALISTS, &0.

OFFICES & GODOWNE

TEL: No. 289.

98A, Wanchai Road,

HONGKONG.

ALL KINDS OF BUILDERS REQUISITES IN STOCK,

Boil, Vent and Rain Water Pipes. Floor and Wall Tiles. Baths, Basins, Bath Fittings. Waterheaters for Gas, Oil or

Coal Fuel. Also A Few Chip Heaters.

OPEN AND CLOSED ĠRATES. Cooking

RANGES.--

ESTIMATES Faxx roÈ ALL. SANITARY

INSTALLATIONS, Hor Wazar SYSTEMS, &c.

'

GENERAL REPAIRS. PROMPTLY ÅTTENDED TO.

Specialista in Monumental Work-Cut in Italian Marble or Hongkong Granite.

J van RECEIVED: A SHIPMENT or Italian MARBLE FLOOR TILES. Prices on Application. ARTIFICIAL WREATHS FROM 9 to 18" DIAMETRE IN STOCK/

11458

When in doubt about your syez or" your glass06 Consult

CHINESE OPTICAL CO.

Eye-sight Specialista

67, QUEEN'S ROAD" CENTRAL

Hongkon

THE

DARLING

OF

NEW

YORK

IS

HERE

"JUST AS

PRETTY AS

WHEN TWAS

Send for Complete Price List

: NEW!"

DRF-

CLEAVERS

IF YOUR GOWNS OR FROCKS

CANNOT BE

WASHED,

WHY NOT

HAVE THEM

DRY

CLEANED.

AY WE

SERVE YOU?.

STEAM

LAUNDRY

HEAD OFFICE and WORKS, YAUKATI, Tel E 32. HONGKONG DEPOT:18, Schaley Street, Tel ( 1379.

* Prays East.

KOWLOON DEPOT, 19, Canton Road.

CANTON: 19, Eharki Central, East. KOWLOON HOTEL DEPOT.

Write or Phone

* for PRICE-LIST.

MATSUMURA.

6, [Arsonall Street, Hongkong.

DEALER IN GENUINE

ART CURIOS

Ancient and Modern Successor to Nikko

Artistic Gold, Silver, Bronze, Damascone, & Lacquer Wares, Satsuma Porcelain, China Ten Services, Embroideries, Blk Tampshades, etc.

GREAT REDUCTION SALE

ALL KINDS OF LADIES FANCY GOODS including Swatow Drawn Work. Carton Embroidery, Hand-made Looe Ivory-ware, Bonded Works, etc., s$0.

DON'T MISS THIS OPPORTUNITY.

CHINA DRAWN WORK CO.

To think of

·(YUEN CHEONG)

40, Queen's Road Central

SEA-GRASS and RATTAN FURNITURE

that will give you the Utmost BATISFACTION in every point of EXCELLENCE in

to think of

刮

"DO BE CHAIRFUL" COMPANY

51, Queen's Road Central

Makers of Furniture, the QUATATY of which has long been accepted by knowing Furniture-buyers as the STANDARD OF MERIT.

PIANOS FOR SALE OR HIRE.

TSANG FOOK PIANO 00,

TEL. 2127."

94a, Wanchai BOAD.

PERFUMERY

Manglaciarod by

RIGAUD,

PARIS.

*AIRE " HMBALSAMADO”.

"MARY GARDEN'.

*HORA CARIÑOSAL

DULCH MIA".

*LILAS DE_RIGAUD”.

Obtainable frome

VICENTE ATIENZA,

18, Nathan Ed., Kowloon. Telephone K.135.