1924-07-30 — Page 3

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Foamite Firefoam

THE MOST EFFECTIVE FIRE EXTINGUISHER.

SOLE AGENTS FOR INGKUN AND SOUTH CHINA:

THE UNİCED ASBESTOS ORIENTAL AGENCY, ~ LTD.

Tel, Centrul 238.

WANDERWELLS'

THE HONGKONG DAILY PRESS, WEDNESDAY, JULY 30TH, 1924

3. Queen'. Buildings.

Round the Worki in a Flivver"

EXCLUSIVE FILMS and PERSONAL CHAT

also

"HELIOTROPE

A Paramount, Picture

AFTER A SUCCESSFUL RUN OF MONTHS

2.30

5.15

AT SELECT LONDON HOUSES.

Throbbing with Thrills

Starts with Tears but

Euds with Smiles.

QUEEN'S

WEDNESDAY & THURSDAY.

7.15

9.15

M. Y. SAN & CO., LTD.

PRESERVED CHOICESELECTED BEST YOUNG STEM.ELMER THIS SIDE OF WITH CARE M.Y. SAN & CA 19 MADE IN HONG KO NE

MANUFACTURERS

OF

TEM G11

BEST PRESERVED

MAJI IN HONGKUT

STEM GINGER.

HEAD OFFICE: No 92 to 100 Queen's Road Central" FACTORY: 'Canton Road, Kowloon.

BRANCHES AT: Mazila, Singapore, Shanghai, Canton, China.

PERFUMERY

Manufactured by RIGAUD. PARIS.

** AIRE

SHBALSAMADO"

"MARY GARDEN”

HORA CARINOSAL

Lilas RIGAUT

DE

'DULCE MIA"

LILAS RIGAUD”

Obtainable from

VICENTE ATIENZA,

18, NATHAN RD., KOWLOON, TALK. 155.

PIANOS FOR SALE OR HIRE.

TSANG FOOK PIANO CO,

TEL. 2127.

SAL

WAROHAI ROAD.

THE HONGKONG SMALL INVESTORS SHARE & REAL ESTATE CO.

is purely a local concern entirely independent. The Company segotiates Shaw, in Large or Small Lots, betsreen Clients, at the Usual Brokerage Feex. If you have a Small Lot to dispose of oe wish to acquire any l Shares

TELEPHONE C. 4830, ASLATIO· BUILDING. WE ARE ALWAYS PLEAƐED TO ATTEND. YOU.

COMPANY MEETING.

EASTERN TELEGRAPH CO..

The annual meeting of the Eastern Teles graph Co., Ltd., was held on June 24th at Electra House. Aloorgate," London, EC. CBR Denison-Pender, - Sir John K.C.31.G. (chairman of the company). presided, and first referred in sympathe tie teras to the death of two directors-*. Viscount Pirrie and Sig Nibert J. Lepine Cappiel-the former having jing the hoard in 1908 and the latter in 1958,

Turning to the report, the chairman said that at the last meeting he w.non- ed that the trade depression which had so adversely affected their message receipts showed no signs of improvement, and also that the directors and administration were which reviewing possible channels through economies might be effected. These two statements had been realised, for the accounts under consideration showed a net reduction in gross reverve of about $47.000. against which, he was pleased 30 say, there had been the substantii reduction in the working, expenses of

bo

one. The net profit was, therefore. only

11,000 less than in the preceding year-a result which, in view of al, the circumstances, he thought sight dermed satisfactory. They were paying the same dividend us for the prevails four years (10 per cent., free of tax, and of had been able to make a entibution £0.000 to the general reserve fund "aud to carry forward to next year's accounts £51,000 odd. Regarding the decrease of 247,000 in the revenue; he reniarked that.

certain amount of it might be atori Rated to the reopening of the Indo-Euro pean Telegraph Co.'s overland route to. India and the remainder to trade depres- siup spread over the whole of the com pany's system. ""

A new service of reduced rate telegrams was introduced on September 1st last. known as Daily Letter Telegrams, and, so far as they had been able to judge up to the present, these had had little adverse effect on the full rate and deferred traffe. Nothing bad transpired since they last met to alter in any way the opinion which he had previously expressed concerning wireless. He thought the stockholders should not he unduly alarmed, and be pointed out that the Associated Cable Companies found themselves to-day, as the result of conservative policy through- out, with substantial reserves, both, dis closed and undisclosed, enabling them to carry out any additions and improvements on their world-wide system, without he hoped, having to add, in the near future at any rate, to the capital account.

The report and accounts were unani- mously adopted.

UNEMPLOYMENT INSURANCE

FOR BANKS.

The Labour Correspondent of the Times writes:-The interesting anbouncement appears in the Ministry of Labour Giselle that the Minister fireposes to make an order approving a special scheme of unemployment insurance for the banking industry. The Act of 1990 perinitted separate industries to con- 'tract out' of the general insurance scheme. Several reasons of which the principal was the depression of trade. combined" to hinder the presentation of special schentes. The insurance industry prepared one which was sunctioned and put in force. and the banking industry submitted a,draft scheme before the pass- ing of the Act of 1911 which suspended the power of the Minister to approve or make special schemes during the period of insolvency of the insurance fund. It was, however, provided that this section of the Act should not apply to any draft scheme alrely submitted for approval. The schrine for the banking industry was the only one" to which the exemption ap plied, and it, up to now, has retained in abeyance. The Act of 1920 requires that a special scheme must (1) cover all persous employed in the industry; and (2) provide benefits, of the whole, not less. favourable than those provided under the genrral scheme. The State contribution in respect of the individuals insured under such a scheme is on a reduced- scale. The administration must be a joint body of employers and employed. If the proposed. Act permitting special scheunes which is now before Parliament is carried the application of the prin- ciple of insurance by industry, will b limited to insurance and banking.

HONGKONG SHARE MARKET, CLOSING QUOTATIONS.

JOLY 29TH, 1924. Hongkong and Shanghai_

*$1,900) xa. ..$675 b

Baaks

Canton Insurancea

Union Insurance

Hongkong Fire Insurances...8576 L. Douging Steamships...... $53 b

睡

China

H.K. FerTTUM ---*-*-*-*- Langkats (Combined).

O. & M. Steamboats... $37 H.

Sugar

Wharves

Docki

110

$96 b.

.8273 93.

8973

Tls 15).

1.

$149. Tla.

1.10 ex. dir, b. New

....$1146 Hongkong Lands Hongkong Hotels

$179 (old) $17 (new) b. 8227 b Humphreys at Tis, 11.10 nominal Dwo Cotton Kills.........

TIM 31 L. 321 (old) b., 36 (new)

7(combined) b.

Oriental Comciate Hongkong Roper Chin Providents... Dairy Farms...... Wutor onits

Watsons...

Hongkong Electrica

215 (old) 35 (new) b.

3161

Chias Lights, ..... $161 (old) Bia (new) I/. Hongkong Trame........$411). Peak Tramways... $18) (old) $44 (new) }, "Shell" Transports 801- Lane Crawlori................

...173 b

b-buyers; sellers; sa-sales.

T

INTIMATIONS

NOTICE.

HONGKONG SHAREBROKERS

ASSOCIATION.

A following are Members of the above

Association:

A. H. CARROLL

M. A: RICK. J..

Kzw

W. J. CAROL 6. KITCHELL Yo Yona Pex F. M. L. SOARKS

II. E. EDWARDS.

ཟ』

F

J. F. Guest

Y. YVANOFICI

A. P. GREAVES.

H. M. H. ESMATI.

Se Kos Cut

HARRY. ODELL

Son, Pza SHAO

By Order of the Communittes, J. W. KEW.

ecrétany

Hongkong, 12th May, 1924.

NOTICE:

HONGKONG STOCK EXCHANGE.

ដេន

Following are Members of the sbore Exchange-

-ÁMRAHAM,' Ezra.

ALVES, APA

BAGRAM, J. T. BENJAMIN, V. BRKETT, H

CROUCHZI, N. F. d.

ELLIN, F. M.

GOULD, J.

GUTTERIES, À A

Boten, T. F.

KEW, FAED.

İMMIT, H. A. LOGAN, W.

MATHESOS, B. T:

A Pear, 1. S. Pestos, R

FOTTS

POTTS, P. C.

H.

RAYMOND, E. M.

Suara, P. M. N. da SHYTS, R.

LAMMERT, Gro. F. TESTER. P.

By Order of the Committee,

A. NISSIM,

Secretary, Hongkong, 6th May, 1924

(775

SAVARESSES Santal Capsules

The best internal treatment. 5o made that the antiseptic is not freed by the digestive jaices. No nausea can result Physicians recommend them.

From all Chemistz

VISITORS TO CANTON --

Should Purchase

A BOOK FOR THE GLORE TROTTER FROM HONGKONG TO CANTON BY THE PEARL RIVER

ET

CAPTAIN C. V. LLOYD With Illustrations, Maps and Flags.

PRICE

The

$1.75.

On Sale at- Hongkong: "DAILY Pass" Office.

Canton

11

MCARTH. KELLY & Watsu, LTI. MeяRTH BREWER & CO. Messrs. A. S. Warans & Co

DANIEL CRAWFORD'S

SCOICH WHISKY.

We have been appointed Sole Agents

FOR THIS WELL-KNOWN BRAND OF

SCOTCH WHISKY.

DONNELLY & WHYTE.

TEL CENTRAL 636.

UNUSUAL OPPORTUNITY for A SHORT TIME ONLY

A Belect Assortment of

DRAWN WORK

AND

LACES

At 20° BELOW ACTUAL COST

4T

DO BE CHAIRFUL" COMPANY

51 Queen's Road Cantral.

The CITROEN.

The Last Word in Car-Economy

RUNNING COSTS LOWER

Less Tyres

Loas Oil

Wiante 3 para maning 1980-31-21. Qrand Prix for Low. Consumption...

Cars for Sale:

LEPACK CO., LTD.

50-52. Queca's RJ. C.

The Day of the Knight is Here !

IT IS THE

WILLYS-KNIGHT

Simplest and most trouble-free type of motor ever invented.

It has the most distnctive and gracefully balanced body of any

in the market.

Car

1.-The Willys-Knight car is the four cylinder motored car that makes the six

annecessary.

The Knight motor is steam prinsiple. The valves are two cylindrical sleeves with rectangular elote or ports which when they register with each other and the ports in the block allow the ingress and egress of the gases without obstruction. These wide open passages, particularly on the exhaust side, permit a more thorough cleaning of the barnt gases from, the combustion chanter than any other type of motor, so that every ounce of energy available is atilized from the explosive mixture, which gives us such tremendous power

2-It has no, valve to grind and no carbon to clean."

The combustion chamber is completely surrounded by water and an alloy piston noted for its guest hea radiating qualities is used so neither the combustion chamber nor the head of the piston gets hot enough to bake the residue from the exposed gases to form carbon while there is still enough heat maintained to handle the explosiv mistare effectively.

3-It is the only type of motor that improves with use.

While carbon, can not forma in the combustion chamber, still a certain amount of the residue from the barst gases works up behind the wide sealing ring in the cylinder head and, as this building in process obtains, it koups. Compression chamber pushing this sealing ring more tightly against the inner sleeve until it completely seals the developing more power with every mile the motor is drawn..

4-It is the only type of motor that wears in while other wears out.

A

All parts in the Willys-Knight car are assembled with wide clearance between each other and oil is forced into these clearances ander heary pressure so that the entire assembly in lapping or wearing in on these beary filon of oil instead of wearing out. In other words, every bearing in this uptor is an ail bearing instead of a metal to metal. bearing which is necessary in the construction of a poppet valve motor in order to keep it quiet with subsequent quick

wear and nois

It has eliminated one hundred and sixty two quick wearing parta necessary in the operatico of a cylindered poppet valve motor. There are no hammering parts such as can striking against push rods, push rods against valve stems, or Talve heads mapping back into theix seats through the medium of heavy springs, sle

THE MERCURY MOTOR CAR CO,

Sole Distributors.

59-61, Des Voeux Road Central.

Telephone No. 977

Head Office: 1st floor, Telephone 1340.