1924-09-05 — Page 3

11

Page

THE HONGKONG DAILY PRESS, FRIDAY, SEPTEMBER STE, 1924

THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.

Tel Central 338.

י,י

SOLE AGENTS FOR

“PUDLO ”

Makes Cement Waterproof

FEUSOL"

The Immovable Fire

ement.

3, Queen's Building.

A REAL TYPHOON

HERE'S YOUR CHANCE TO SEE THRILLS OF A TROPICAL CYCLONE

IN AN ENCOUNTER WITH A FOUR-MASTED

WIND-JAMMER

STORMY SEA, STORMIER LOVE,

WITH PRISCILLA DEAN AS

THE STORMY PETREL OF PASSION.

Love that is mighter than typhoons of monsoon season is tossed helter-skelter in the sea

Hurricane Stolen Ship Charming Girl

Y

3

V.

Passion

Mutinous Crews Woman-Hater

5.15 and 9.15 only.

QUEEN'S THEATRE

THE UNFORTUNATE GIRL

A WONDERFUL MODERN CHINESE SHANGHAI

SCREEN CLASSIC":

WITH COMPLETE ENGLISH SUB-TITLES.

2.30 and 7.15 only.

The Convenient Route to Europe

AIL from Yokohama, Kobe, Shanghai, Hong Kong or Manila to Sez.tie or San Francisco cross America by rail,and sail from New York to Plymouth, Cherbourg, Southampton or Bremen via the United States Lines.

Investigate this new fast route to Europe today -special through rates. Through reservations UNITED STATES LINES Agents'

ADMIRAL ORIENTAL LINE

4. Des Vaux Bond, Hongkong. FACIFIC MAIL STEAMSHIP COMPANY. Qur's Hulk, kot phong. "AGENCIES IN PRINCIPAL CITIES

Managing Operators for U. S. SHIPPING BOARD

PERFUMERY

Manufactured by RIGAUD. PARIS.

"AIRE

EMBALSAMADO"

"MARY GARDEN.”

**BORA CARINOSAL '

“DULCE. MIA”

LILAS RIGAUID"

Lilas

COMPANY MEETING. FURNESS, WITHY & CO., LTD.

The thirty-third annual meeting of this Company which is the parent company of Furness (Far East), Ltd.) was held at

COTTON SPINNING,

PROSPEROUS · EGYPTIAX

SECTION.

A correspondent writes to the Daily

arns. This industry has in the past been almost exclusively confined to the Bolton district, but it has now sprend to other parts of the country. Since the first shock of the general slump in 1991 as overcome, there has been a good de mand for Egyptian super-carded and super-corbed yarns in markets both at home and abroad. The mills have been running on fall time for the past thres wears Soune spinners, whose business 11 has been to spin American cotton. have gone to a great deal of trouble to share.

Furness House. Londenhall Street, Lon- Telegraph „Although the Lanenshirë don, EC., on Wednesday, July 30th, Sir cotton industry as a whole is in a notor Frederick W. Lewis, Bark (the Chairiously bad condition one portion-the

Egyptian section-is in the happy posi uan), presiding.

tion of working full time. Since the The Chairman, in moving the ailoption American section, which forms the greater of the report and accounts, said there had part of the industry, has been compelled been no general improvement in trade as

to work short-time on account of ba a whole, and consequently he thought the trade, there has been a growing tendency. shareholders would be satisfied to sec on the part of spinners to devote more that the profits for the year showed a spindles to the spinning of Egyptian fine anuall increase, at 2579,412 as compared with. E339,510 in 1821 Even so, he was afraid they could not place this slight improvement to the credit of the ship owning business; and were it not for the fact, as he had pointed out on previous occasions, that they had a great many diversiñed interests, it would not have been possible to have achieved this sult. The principal alteration in the bul ance sheet in comparison with last year was an increase of slightly over £1,000,000 in their shipping investments, which pria cipally arose out of the delivery of new tonuage. The capital remained unaltered prosperity of the Egyptian section.

As a consequence of the innovation on as well as the general reserve, which stood the part of American spinners, the cou at £2,000,000, and the ouly active item sumption of Egyptian cotton is stendily item was Sundry Creditors, £4,960,754, which showed an increase over last year of approximately 900,000, but it included a reserve which they believed to be more than ample for taxation, and it also cover ed the dividends and bonus payable to the shareholders. They had no loans or de- beatures or charges of any description upon the company's property. The Prout and Loss Account, including, the amount brought forward, showed £774.758 avail able for "disposal The Directors pro posed, after providing for the half-yearly Preference Dividend and for the dividends ou the ordinary shares, to make a bonus distribution of 23 per cent. to the erdi. nary shareholders, making a total of 7 per cent. free of tax, and to transfer £200.00 to depreciation, leaving £218,630. to be carried, forward.

Notwithstanding the "Comparatively small amount of new tonnage which they had added to the fleet during the past two or three years owing to the very high prices ruling, the average age of the whole of the vessels owned by themselves and their subsidiary companies was between nine and ten years. That was to say, taken as an average, their total fleet had been renewed sines after the outbreak-of war in 19 They had in commission and under construction several vessels fitted with Diesel engines. As a matter of fact, their experts were making a most care ful study and comparison of different types of motor engines with a view to determining which type was inost econ- umical and suitable for their purposes. '

The report and accounts were adopted and the bonus of 21 per cent. free of tax was sanctioned.

THE FOREIGN IMPORT TRADE. OF CHINA.

1914

7

growing. In 1913 779,000 bales were con- sumed by the world's spindles in the hoom year of 1920 the consumption was 1.014,000 bales; in 1999 it was 748,000 bales, and in 1923 896,000 bales. The lust available figures were those for the half- year up to January 31st, 1924, when the consumption was much above the half- yearly average at 506,000 bales. Britain. France, and the United States are the chief consumers of Egyptian cotton, and the following table, compiled from the International Spinners Fellera- tion statistics, shows how spinners in Great Britain are leading the way in the increased use of Egyptian cotton:

Great

• (In_Thousands).

Total Half-year-cading. G.B. Fr. U.S. World

Jan. 31st, 1924235 JU

506 July 31st, 1293.200 Jan. 31st, 1923......194 July 31st, 1922.168 Jan. 31st, 19...... 169 July Bist," 1624.................35 Jan. 3131, 1991152

Year ending.

52

GAYMER'S CYDER

CHAMPAGNE OF ENGLAND,

THE IDEAL BEVERAGE.

More than two centuries experience in the making of the Apple Wines, and the inflexible "resolution to maintain Quality at any cost, has - created GAYMER'S reputation for Cyder, which

is second to none.

DONNELLY & WHYTE,

TEL 636.

ELECTRIC

CLIFTS

11

FOR

SOLE AGENTS.

WAYGOOD-OTIS

'PASSENGERS

AND

GOODS.

With All Latest Improvements.

DODWELL & CO., LTD.

SOLE. AGENTS.

47

103 -478

10

-

413

FULL PARTICulabs and Quotations froM ====

45

TA

286

32

F

920

25

54

206

213 1.014 134 779

July 1st, tego.... 156 Aug. 1st, 1913.503 80

The total number of spindles spinning Egyptian cotton in the half-year ended January 31st, 1991, was 26.302,000, of which 20,174,000 were in Great Britain, as against 19,604.000 and 1,236,000 res pectively in the half-year ended August 31st, 1913. The comparative prosperity of Lancashire spinhers of Egyptian cotton has been reflected in the financial results of the companies on this work. A compilation of the dividends of some of these companies shows a wonderful

covery.

CINEMA NOTES.

THE CORONET.

13

-

The Maritime Customs Administration has just issued their analysis of the foreign import trade of China for 1993. The wonderfully appealing cosmopoli- | The following figures of this trade from tan film "Humoresque" which, with its 1814 to 1923 are taken from this work :-*** beautiful musical setting, has been arous IL Tla Hk. Tis. Hk. Tis. ing the praise of cinema-goers during the 58,209,003 14 907,621 669,211,38 past few days, will ho screened in the 1915 477,064,005 99,588,256 454,473,719 Coronet Theatre for, the last time this 1916... 535,208,428 16,861,431 616,406,995 evening.

QUEEN'S THEATRE ", 1017.. 577,381,339 27,562,565 519,518,774 1918.... 577,043 803 92,750,791 551,803,0AR Some realistic scenes of a four-masted 1919... 070,629,544, 32,531,883 646.997,681 windjammer caught in a typhoon at the 1920.... 709,960,200 37,700,976 762,250,230 height of the monsoon season in the tro- 1921......

932,850,310 28,727,901 900,199,439 pies provide plenty of excitemeat in "The 1022 .... 975,034,193 99,984,533 915,049,550 Storm Daughter," a Universal-Jewel pic. 1923.... 948,633,990 25,231,037 023,402,887 ture in, which vivacious Priscilla Dean is The direct import from Hongkong the star and which opens for short sex- during the past three years is shown as

son at the Queen's Theatre at the 5.15 follows:

and 9.15 performances to-day,

WORLD THEATRE.

1921

1922

1993

$231,138,080 2,347,671 248,053,456

AMBITIOUS AUSTRALIA.

į

A

Hobert Henley is said to have astound- ed producers and broken all precedent in picture production in picturing Lady of Quality, the massive Universal super-jewel, starring Virginia-Valli. The story is simply told, but its presentation is no elaborate it is described as one of The the biggest pictures of the year. picture is being shown at the World Theatre "to-day and to-morrow only.

13

SAYINGS OF A WEEK.

TRADE DEVELOPMENT SCHEME.

Mr. Pratten, the Minister of Customs, at a commercial travellers' dinner at Sydney, recently, said that in view of the temporary failure of the proposals for preferential trade with the Mother Coun- try, the Federal Government was con- sidering the exploitation of Australian trade with other countries by a reciprocal treaty with Canada, extension of recipro- city with New Zealand and South Africa, and the development of trade with India, China, Japan. the Dutch East Indes, and the Far East generally. The Govern ment hoped to formulate a scheme to na- sist direct association between Australiant producers and manufacturers and Easttribute lawfully doney which you have ern buyers, with a view to promoting Aus- tralian trade in those countries..

HONGKONG SHARE MARKET

·OLOSING QUOTATIONS:

SEPTEMBER 4T, 1924, Hongkong and Shanghai

$1,200 b. Banks.....

$720 b. $235 b.

$52 b.

Canton InstrOCOS

Union Insurances

Hongkong Fire Jaanrances...$680 b... Douglas Steamships...

Obtainable from

H.K., C. & M. Steamboat...$49 b

China Bugar

Kowloon Wharves

HD., KOWLOON,

TEL. K. 156.

VICENTE ATIENZA,

NATILAN

HONGKONG SMALL INVESTORS.

&

For the convenience of clients we are moving to more suitable and commodious quarters and thall be installed at the GRUND FLOOR, Icz Hover STAKET, Next to HD Horax, from the 1st of Szerzzzé. Our Telephone will still continue to be C. 1306 and we shall be pleased to attend inquiries referance disposal or sequisition of Largo or Small Lots of Shares at our New Addres

TEL. 0.4830.

GROUND FLOOR, Corner Dzs Vozux ROAD & TOR HOUSE STARKT.--.

Whampoa Docks Hongkong Lands Hongkong Hotch. Hauphreys

Estaken

Uemsais

Hanghong Ropes China Providente

Dairy Farms secosinense Waca

$101 b. $400 RB. ...$213 b.

$1674 b. 117.

$24) $234 Dominal

(combined) s. $63 (combined) b. $32.combined nomina

h

$26 b Hongkang Electrics ... .... ...343. Chima Light

$24 (combined) bi Hongking Trans

Peak TramwaJU JEDNOTE 2 KER $20 b.

bbwpera; a-sellers; tasaleg.

I love my relations, forgive my friends, am indifferent to my enemies, and envy nobody-re. Anquith.

Settleraents are not always beneficial to those who are in the position of being creditor-Sir Allan' Smith-

There is nothing pleasanter than to dia-

not earned.r. F. Hope, M.

The general engineering industry of this country is at present waterlogged; it has lost all its buoyancy-Colonel O. C

How little I realised when I was paying Mr. Bernard Shaw £2 10s. a week what a terrife Frankenstein I was making!- | Mr. T. P. O'Connor.

A well-drawn-up advertisement in the newspapers will bring in quicker results than any other means that I know of. Mr. W. M. Teasdale..

The world must clearly understand that You cannot pour out a nation's wealth in war and extravagance and, be as rich after the war as before it commenced- Mr. J. H. Thumos.

When a taxpayer finds that out of every pound of his income he is paying in direct taxation something like 15. in many cases, it does become to use a classical phrase a bit thick-Major G. F. Davies, M.E.

A bank is not a political instutition; whatever. Government is in power its duties remain the same, and one of these is loyalty to the Government chosen by the votes of the people-r... Stanley Christopherson (Standard Bank of South Africa).

M. Y. SAN &

PRESERVES CHOICE SELECTED BEST YOUNG STEN ONCER THIS SIDE UP WITH CARE M.Y.SAN & CA "HARE IN HONGKORL

CO., LTD.

MANUFACTURERS

OF

BEST PRESERVED

STEM GINGER.

M.Y.SANEC

HEAD OFFICE: Nox. 9% to 100. Queen's Road Central

FACTORY: Cation Road, Kowloon.

HONA KONG

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

TENNIS SEASON

&

∙1924-1925.

F. H. AYRES BALLS,

RACKETS, and GEAR

SUPPLIED AT KEEN PRICES

by

ABAQUERIA ILIPINA

LEADING TOBACCONISTS. OPPOSITE QUEEN'S' THEATRE

THE MOST MAGNIFICENT LOVE STORY EVER FILMED!

VIRGINIA

VALLI

THE WORLD-FAMOUS ROMANCE AND STAGE SUCCESS

"A LADY of QUALITY"

WITH MILTON BILLS AND A TREMENDOUS SUPPORTING CAST/

One of the greatest romances know to literature is brought to life

in this magnificent production. It is the glowing, pulsating pictarization

of the life and love of the finest; the most beautiful girl of the most voluptuous, extravagant, colourint court of all English history. spoctacle that will thrill biso nerves, love to soften the heart and genuine drams of human sens

See the follies, the

and majesty of Eng Ind joys the mosgnificence, the rega: glory, the pomp

I most extravagant. Court life which serres Tare setting for a powerful, beautiful love story. You will imagine your- relf to be that beautiful, most popular girl in the whole laud; you will experience all her thrills, all her desires and aspirations as you watch her in her gallant fight for life and love It's a picture that will stir your soul and leave you happy and exultant at her final victory.

TO-DAY AND TO-MORROW ONLY,

at 5.15 and 9.15 p.m.

WORLD THEATRE.