1924-04-25 — Page 3

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THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.

Tel. Central 338.

BOLE AGENTS FOR

“PUDLO "

Makes Cement Waterproof

“FEUSOL"

The Immovable Fire Cement.

2, Queen's Building,

M. Y. SAN & CO., LTD.

MANUFACTURERS

oF

BEST PRESERVED

MADE IN HONG KONIGI

STEM CINCER.

PRESERVED CHOICE SELE STËR BEST YOUNG STEN SINGER THE SIDE UP WITH CARE

M.Y. SAN & CL

MY.SAN

HOND KING

HEAD OFFICE: No. 93 to 100 Queen's Road Central FACTORY: Caton Road, Kowloon.

BRANCHES AT: Manila, Singapore, Shanghai, Canton, Chin

The CITROEN.

The Last Word in Car-Economy RUNNING COSTS LOWER.

Less Tyres

Less Oil

Winter 3 years running 1920-31-98. Grand Prix for Low Consumption.

Cars for Sale:

LEPACK CO., LTD..

50-52, Queen's Rd. C.

THE

HONGKONG "DAILY PRESS, FRIDAY, APRIL 26TH, 1924

COMPANY REPORT. CHINA PROVIDENT LOAN AND MORTGAGE "CO., LTD.

The report of the General Managers (Mess. Shewan, Tames & Co.) for pre sentation to the shareholders at the twenty seventh ordinary general moeting

reads: ---

1923.

NANYANG BROTHERS, INC.

OF NEW YORK.

A New York news agency Baya:- Nauyang Brothers, Inc., New York, Subsidiary of the Nanyang Brothers To- hacen Company of Chius, have just moved into their new offices at 220, Fitch

Annexed we have the pleasure to lay Avenue, in order to take care of their before shareholders a statement of a rapidly increasing import-export busi- counts for the year ending December 31st, ness This is taken as the first step in

The nett earnings for the past year the company's policy of business expan- ? amount to $108.07.3t which with 82,63274 xion decided at the lust meeting of its brought forward from the previous year, board of directors when Sat Hing 'Kan $30,000 transferred from Reserve Fund, and $23,000 from Equalisation of dividend, Recurt gives the sum of $195,040.00 which it is recommended be appropriated as follows:-

61

To place to rewrve lund · $10,000.00 To write off from godown

equipment Account ... To pay a dividend of 10 per per entur 31 per share "To carry forward to the scredit of next year's no-

count

4,182.70

170,000,00

was named president to succeed his illustrious forbear, the late Kan Chiu- nam. noted Chinese industrial magnate and cigarette manufacturer. Yat Pong Kan was elected vice-president. Tsze E Pun, vice president and treasurer, Alfred S. Lee, secretary and assistant treasurer and Elsie G. Kretschmer; assistant nevre- tary.

Sat Hing Kan is now in China looking after the Far Eastern interests of his 1.733.99 family, chief of which the firm of Nan- yang Brothers Tobacco Company, of Consulting Committee-Mr. T. Gwhich his father was founder and presi- Welt retired and Mr. J. P. Warren and dent. Since his father's death last Octa- Mr. Lew Hyman were invited to join the bar, young Mr. Kan has shared in the Commitior. In accordane with the direction of the affairs of this foremost Articles of Association, Messrs, "Hiarette manufacturing company of White, J. P. Warren, Les Hymn and the Rv. Fr. H. Souvey retire, but offer them- selve for reelection,

We regret to have to record the death of Me. Poi On who was a member of the Committee for many years.

have Auditors. The accounts

been audited by Messrs. Linstead and Davis and Percy Smith. Seth and Fleming. Messrs. Linstead and Davis and Percy Smith, Seth and Fleming are eligible for eles

tion.

:|

HONGKONG SHARE MARKET CLOSING QUOTATIONS,

ArBIL 24, 1924. Hongkong and Shanghai

Hanks

Union InsuraQDA

$1,170 h.

....$244.

Hongkong Fire Insurances. 3630 be H.K., C. & M. Steamboats...839 b.

China Suguri

Langkats (Combined)

Kowloon Wharves

Hongkong Lands

Humphreys Estates Ewa Colton Mills Cements....... Dairy Farms

**

Tls, 20 ». $165 88.

$24 (old)

Hongkong Electrics China Lights Hongkong Trams Peak Tramways "Shell" Transporta Lane, Crawford ....

b.-buyera; s-sellers;

(LOW)

$9{ (new) b.

..$171 ka. b.

.92/d. b. $20. & L.

China in which he had already served in many important enparities including that of general manager in Shanghai. He also holds the important position of Leaf Ilepartment antager and is considered' An authority on native Chinese tobacco which he thoroughly studied at the sources of production as well as Ameri- can tobacco leaf which is purchased in large quantity for manufacturing the Bir Kan popular Nanyang cigarettes.

will return to New York this summer in time to supervise this year's purchases of toimeco and new factory machinery and equipment for the tobacco company, which in recent years have aggregated Further many million dollars annually, steps to forward the expansion of the New York corporation will then he taken. Tsze E. Pun is general manager at the New York office which, besides looking after the American purchases of the to- bacco company, dees a large import busi Dess in Chinese products and has achieved a reputation as a leader in many lines, including that of Chinese, laces, hairnets and Chinese Mah Jong games.

Messrs. A. S. Watson & Co., Ltd.," who have been appointed sole agents for Hongkong and South Chinn for the cele brated "Cow and Gate" brand of milk an English product-have received the following telegram:-"Cow and Gate- awarded Gold Medal nt Calcutta Exhibi- tion. heating all competitors,'

GREAT REDUCTION SALE

ALL KINDS OF LADIES' FANCY GOODS including Bratow Drawn Work, Canton Embroidery, Hand-made Lace Ivory-ware, Beaded Works, sto..., sic

DON'T MISS THIS OPPORTUNITY.

*CHINA DRAWN WORK CO.

Telephone K711.

(TURN. CHEONG)

40, Queen's Road Central

BICYCLES

Telephone K711.

LADIES', GENTLEMEN'S OR TARDEM FOR HIRE ØR SALE.. NEW BACER JUST ARRIVED. Excellent Opportunities for Competants in Bicycle Races.

To think of

HANG LEE CYCLE CO.,

39, Haphing Bass, KOWLOON. Next to PALACE HOTEL,

SEA-GRASS and BATTAN FURNITURE that will give you the Utmost SATISFACTION in avory point of EXUBLLENCE L.

to think of

"

"T".

'DO BE CHAIRFUL COMPANY

51. Queen's Road Central

ا واحد

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

the

PIANOS FOR SALE OR HIRE.

TSANG FOOK PIANO Co.

TEL. 2187.

94h, Waxogar Road,

QUEEN'S THEATRE

The Most Roomy and Comfortable; the Coolest Summer House

FOR

MOVING PICTURES

The

Finest Music and Best

Entertainment.

OPENING CEREMONY

1ST OF MAY

ON

伊