1924-04-01 — Page 3

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- THE UNITED ASBESTOS ORIENTAL"AGENCY, LTD.

Tal. Central 338."-

SOLE AGENTS FOR

3. Quoon's Buildings.

BELL'S UNITED ASBESTOS CO. LTD..

MANUFACTURERS OF

"Victor Metallic." "Dagger," "Quadruple" and

"Reefer" Packings.

Boll'à- Asbesto1 Compositions.

"Salamander" Engine & Cylinder Oils..

"Salamanderite Jointing"..

RADIO.

ม่

TUNE IN" with a BAY-O-VAC B Battery using at the same time a RAY-Q-VAC "A" Dry Cell Battery for your Filaments. See bow clearly the signals will come in

The National Radio Engineering Company of Atlanta, Georgia, covering an investigation made by them in the interest of Railway Electrical Engineers, report that —

The Battery is the most important part of the radio apparatus, and many causes of trouble in instruments are often caused by poor batteries.. We have found erly one make

of Battery that is so constructed that satisfactory service can be obtained on heavy duty such as work of the class we are undertaking. The RAY-O-VAC" Batteries have stood all the tests and have proven their construction and material by actual use.

They bave provod ABSOLUTELY SATISFACTORY IN EVERY WAY,” ·

Thess Batteries are now obtainable from:-

DE SOUSA & CO., LTD., 2ND FLOOR, ST. GEORGE'S BUILDING.

TEL NA-CENTRAL 1961.

ti

CAMMELL LAIRD & Co., LTD.

Controlling "THE LEEDS FORGE CO., NEWLAY WHEEL CO., Etc. Birkenhead, Sheffield, Nottingham. Birmingham.

Leeds. Penistone and London.

RAILS, SPRINGS, TYRES. AXLES, FILES.

High Speed Tool

Alloy

Mining Drill

Spring

Best Cast Tool

Telephone K711

STEELS

To specification "for special.

purposes.

13. PEKING ROAD, SHANGHAI.

BICYCLES

LADIES', GENTLEMEN'S OR TANDEM FOR HIRE OR SALE.

NEW RACER JUST ARRIVED.

HANG LEE CYCLE CO.,

19, EuroNg Bors, KOWLOON

Ner to PALACK HOTEL,

Telephone K711.

PIANOS FOR SALE 'OR HIRE.

TSANG FOOK PIANO CO.,

TEL. 2127.

94A, WANDHAY BOLD.

To EUROPE via U.S.A

PAST route, new ships, excellent food. Through tickets can be bought in all the large cities in the Orient at special rates. Choice of American railroads. Thence the famous U. S. Lines ships from New York to Plymouth, Southampton, Cher- bourg or Bremen. --

For information write today.to: UNITED STATES LINES ADMIRAL ORIENTAL LINE 4 Der Voor Load Hongkong. "PACIFIC MAIL STEAMSHIP COMPANY.

Agents ME

Queen Ballding, Bergvai. Agencies in Principal Clatca

Managing Operators for U. S. SHIPPING BOARD

THE HONGKONG "DAILY PRESS, TUESDAY, APRIL 1ST, 1924

COMPANY MEETING.

THE CHINA SUGAR REFINING LO., LTD

The forty-sixth ordinary Seneral meet: ing of the China Sugar Retinery was held at the offices of Megars. Jardine, Matheso PL &Co., Ltd., yesterday morning, Mr. D. G. M. Bernard presided and there were also present: The Hon. Sir Fani Chater, CMG ME. P. White, Mr. C. Q.j Mackie (Consulting Committee), Mr. S. B. C. Hornell (Secretary), and the follow- ing shareholders:-Messrs. W. E .. Shenton, C. C. Boyil C. Rumjahu, G. H. Potts, T. N. Chan, Ho Leung, Ho Kwong, P. Tester, Felix M. TIN, R. E. Hollands, B. Basto, E. Abrahara, A. V. Apear. the Hot. Mr. Chau Siu Ki, Mešers, Chew Po) Sien, Choa, Po Min. E. E Ellis, E. M. P. de Grava. Ho Ki, Ho shai Kit, La Man Hin, SE, da Luz, A. dos A. Lopes, | R. F. Macdougall, J. M. da Rocha, L.

HONGKONG SHARE MARKET

CLOSING QUOTATIONS

March 31st, 1924. Hongkong and Shanghai

Banks

Canton Insurances 6735 bi Union Insurances

2243 27. Dougins Steamshipa3364x.. b H.K. C &M. Steamboats 538 h. "Star Ferries 333

.399 b. China Sugars Kowloon Wharvas Hongkong Lards China Providest... Farm

Dairy Watsons

Hongkong Electrice China

sass b.

$168

$158

$17 old b. $6 new b.

...eb. 197

..935 b.

Lights15 old: 35) new (.

Hongkong Trams Peak Tramwaya Lane Crawfords

$20 b. ..815) b

...St.& b."

b.—buyers; "a.—sellers; an—sales,

F. V. Ribeiro. Sasard-Remedios GC, E. WARREN CO., LTD,

M. Shaw, A. M.' da Silen. Wari Chonki

Jing and Tura Hang Kin

The UnAIRMAN said:-Gentlemen,--Tbe report and statement of necousts have

SANITARY ENGINEBRS

MONUMENTALISTS, &o.

been in your hands for sotas days and OFFICES)98A, Wanchai Road.

with your permission I will follow the GODOWNB, usual procedure and take them as read.

HONGKONG.

ALL KINDS OF BUILDERS' REQUISITES IN STOCK. Soil, Vent and Rain Water Pipes. Floor and Wall Tiles, Baths, Basins, Fittings. Waterbenters for Gas, Oil or Coal Fuel. Also A Few Chip Heaters.

It is very gratifying to the General TEL. No. 289. Agents and Consulting Committes to be able in present to you a statement of accounts showing a profit of $1,615,023.06 for the year, enshling them to recommendi to you the payment of a dividend of $40 per share, which has only onge before been exceeded in the history of the Company. and also to increase substantially our This resule bas been uhtained owing to fortunate purchases of raw sugar towards the end of 1922 and early) in 1529 at a low figure, and also to the stracy demand from China during the t Few months of the year at prices which! showed a satisfactory margin of proft,

peseryes,

Bath

OPEN AND CLOSED GRATIS, Cookso

RANGES.

ESTIMATES FREE FOR ALL SANITARY

INSTALLATIONS. HOT WATAR

SYETRY, &c.

GENERAL REPAIRS PROMPTLY ÅTTENDED TO.

JUST RECEIVED: A SHITMENT OF Iratian MARBLE FLOOR TILES. Prices on Applicatica,

The Raw market is on a high level, and although the statistical position now is sound." it must be renueribered that high Specialists in Monumental Work-Cut in prices usually result in a reduced cor-Italian Marble or Hongkong Granite. sumption, which, altors materially the out- look. However, we have a supply of raw sugar purchased at less than current prices, and unhiss the situatión changes. as it may do very suddenly in our busi- ness, there should be a fair profit for the Current year. I may meation that a letter was recently received by the Generál Agents sigued by a number of -hareholders asking for the existing shares of the Com- BOWERN & CO.,

pany which are of a cominal value of $100 Pach to ba sub-divided "into ten shares of $10 each, this is now bring considered and I hope to be able to advise you of the decision shortly.

ARTIFICIAL WREATHS-FROM

DIAMETER IN STOCK.

No & Mucrux Boad, SHANGHAL

to

18”

[1453

Mambars British Chamber of Commerce (Shanghai). Mr.T. W. BOWERN, Fellow of the Institute of Chartered Shipbrokers, Incor porated by Royal Charter, London,

SEAMSHIP AGENTS AND SHIPROTKAK, For the Purchase, Sale and Charter of Vessels of any Tonnage, Passenger and/or Cargo, New and for Old, with delivery Chins at Very Low Prices.

"BALTIGE OPERATORS, MARINE SURVEYDES

AUCTIONERS, COAL MEROKANIR. Y FERIGHT BROKEns, Marat ManOHANKS, Machinery For Sale, New and Old in First Olsas Condition,

IMPORTERS AND EXPORTERS, SHAXI-BROXILI Members Shanghai Share-Brokers' Assocsa- tion)..

SOLE AGENTS FOR CHINAI.. GEKEN'S PATENT ANCHORS. BAXUAL WARREN & Co., LTD. (Sheffield y High-Clam Steel Manufacturers (Tank Brand).

Turning now to the accounts, you will note that some of our land at Swatow has been sold, are the proceeds have been written off the remainder of that pro flerty. Depreciation has been provided for on the usaal_scale. Some of our buildings are old, and although they may be serviceable for many years longer, we think is desirable to take advantage of the large balance available this year to write thn.down $75,000. We also re commend writing machinery down by $123,000 which will also Cover the book value of the old boilers. which I announced last year were being replaced. and must Dow ix written of The difficulty of providing our Chinese employs with suitable Recom- modation at a reasonable rent decided, us to erect house for them. This is being done on the old distillery property at Hasi Point, and you will see we propose to put aside $50,000 towards the cost of them," which will be something ever a lakh. The need for strel lighters has been apparent; for some tune," as it has been incon- venient to depend on open native lighters. in which the sugan was in a way at the mercy of the elements. W have there. fore crdered six, which will be adequate for our needs, and we suggest appro-i priating $30,000 out of this year's profits: to assist in paying for them. The total cost will be about a lakh. Our proposal for dealing with the balance available in- clude & transfer of 8030,318.12 to Star WANTED TO BUY 5 9 &ROOMED Fluctuation Account, bringing that ac..

Catalogues and Price Lists an application]

(Enquires Welcomedi

* *

(Late ÅDDERSS: Bowany, Bhangisi,

Cons: Bentley's, Scott's, A.B.U.

5th Edition and Imotored.

WANTED

PREPAID

ADVERTISEMENTS

Letters are lying at this Office Exz

BOIM-YI

HOUSE with Tennis-court, Peak count up to one million; $130.000 to District. Offera-Box No. 2, c/o Hongkong Equalization of Dividend Fund-the Daily Press Offica

amount that fund has been drawn upon

during the past two years-which wilTURNISHED Six-Roomel HOUSE

KENNEDY ROAD (opposite Ozo restore it, to $600,000. A bonus of $27,670. to the staff. which is wel MAN CLUB). Tennis Court, Flower and deserved, and which I feel confident you Vegetable Gardens. For One Year from June. Apply Box No. 21, c/o Hongkong, Daily Free, will consider the year's result justifies.

(21

I now beg to propose the adoption of

GREAT REDUCTION SALE

ALL KINDS OF LADIES' FANCY GOODS

including Swatow Drawn Work, Canton Embroidery, Hand-made Lace Ivory-ware, Beaded Works, etc., stik

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 SATISFACTION · in every point of EXCELLENCE is

to think of

"DO. BE CHAIRFUL" COMPANY

4.

51 Queen's Road Central.

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

WORLD-

THEATRE

Des Voeux Road Central.

MONDAY and TÜESDAY ►

31st and 1st

APRIL

5.15 p.m. and 9.15 p.m.

JACK HOXIE

In His Latest Screen Triumph. You will get Your Fill of Thrills, Action, Suspense and Romance

"THE MAN

FROM WYOMING.”

USUAL PRICES.

ALLIES.

All Discriminating

Smokers

and the

BOOKING AT THE THEATRE.

When in doubt about your. CYSS. or your glas200 Consult

CHINESE OPTICAL CO.

Eye-night 'Specialista

יו

the report and accounts as presented, and TO LET-One Well-Lighted OFFICE HONGKONG CICAR STORE LTD. 67. QUEEN'S ROAD CENTRAL

when this has been seconded I shall bej

ROOM on Top Floor, 6, Quzxs's ROAD Apply GANDE, PRICE & Co. pleased to answer to the best of my ability: CENTRAL. any question which shareholders may wish LTD.

to ask.

Sir PAUL CHATER "scended, and there being no questions the motion was carried unanimously.

On the motion of Mr. P TESTER. seconded by Mr. Ho KWONG. the Hon. Sir Paul Chater, C.M.G.. Messrs. C. G. Mackie nn H. P." White were unani- iously re-elected to the Consulting Com

mitte.

Messrs. H. Percy-Smith and the Hon, Mr. A. R. Love were re-elected auditors at a remuneration of $730 each on the notion of Mr. A. V. "APCAR, seconded by Mr. G. M. SHAW.

This was all the business before the! meeting, the CHAIRMAN Bouncing that dividend warrants were now available and could be obtained on application.

"BETTER TIMES IN STORE."

VIEW OF CHAIRMAN OF LLOYDS BANK.

The sixtysixth ordinary general meet ing of the shareholders of Lloyds Bank Limited was held on Feb. 8th at Queen's Hotel, Birmingham. Mr. J. Besumant Peuse (chairman of the bank), who presi ded, said that trade returns, export and aport figures, the report of the London Bankers Clearing House for the last gaarter of the past year, and renewed signs of awakening demand, all'contribu- ted to the hope that better times are in store, and he gladly added his voice, ta what had already been mid by the chair- men of other banks on this more optimis. fie cote.

118

(83

S. O. A. E, O.

Hongkon

THE FAR EAST OXYGEN AND ACETYLENE CO., LTD.

DEALERS and MANUFACTUREES of Czygen, Acetylens,

Carbonic Acid, Ammonise, Anhydrous sulporous greos, Carbido

of Calcium, Motor Cycle scotylone tanks, and all necessary equipment for low and high pressure autogenous welding.

Autogenous welding of all metal by Oxy-Acetylonia and

Electrin prosBERIOR.

Boiler Repairs a

iality.

Apply Ho, 20, Dos Varar Road Central, 2nd Floor.

„Tel Central No. 2844.

Prompt refilling at motorate prices of all kinds of Motor

Uyole scotylane tanks.