1924-11-06 — Page 3

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THE "HONGKONG DAILY PRESS, THURSDAY, NOVEMBER Örn. 1924

THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.

Tel Central 258.

AGENTS FOR

4, Queen's Buildings.

BRIGG'S BITUMINOUS ENAMELS & SOLUTIONS.

SOLE AGENTS FOR

"UNION"

ANTI-CORROSIVE and ANTI-FOULING

COMPOSITIONS

FOR SHIP'S BOTTOMS.

QUEEN'S THEATRE.

THURSDAY to SATURDAY, Nov. 6th, 7th & 8th, ̈·

:

at 2.30, 5.15, 7.15 & 9.15 p.m.

DOROTHY GISH

IN

"THE GHOST IN THE GARRET

An Uproarious Seauce of Spooks and Crooks and the Spirits of Love and Fun. Shrieking with Laughter.

·22

Commencing SUNDAY, Nov. 9th,

at 600 & 9.15 p.m.

SYLVIA BREMER

IN

"THE FACE BETWEEN"

A Metro Classic.

ORDINARY PRICES.

TEL. C. 4638.

MELACHRINO

EGYPTIAN CIGARETTES

"THE ONE CIGARETTE SOLD THE WORLD OVER

No. 9-$2.75 per 100's tin

No. 4-$4.75

100's

NEW SHIPMENTS ARRIVE MONTHLY,

ABAQUERIA FILIPIN

LEADING TOBACCONISTS, OPPOSITE QUEEN'S "THEATRE

One copper

for 18 hours light!

Consider what you save in this way!

PHILIPS SAVELITELAMPS

Obtainable at all Electrical Stores. For Wholesale apply to Sole Agents:

HOLLAND-CHINA TRADING COMPANY.

COMPANY MEETING. DOUGLAS STEAMSHIP CO... LTD.

An Extraordinary General Meeting of the Douglas Steamship Co., Ltd., was held yesterday at noon at the offices of the Company, 20, Des Voeux Road Cen-" tral Mr. A. H. White presided and those present were: Messrs. W. E. Clark, C. G. Mackie and B. D. F. Beith (Dirce tora), Mr. C. I. Farmer (Secretary), Mr. W. E. L Sbenton (Solicitor to the Com- pany) and the following shareholders: Messrs. Chan Tong, Chua Wing Ken and S. T. Williamson.

The Secretary having read the notice convening the meeting.

A

The CHAIRMAN, said:-The object for which this meeting has been calict is, as indicated in the Notice which the Secre- tary has just rend, for the purpose of receiving a report of the proceedings at the First Extraordinary General Meeting held on the 19th ult., and of confirming,. if thought fit, as a Special Resolution the Resolution which was passed as an Extra- ordinary Resolution at such First Meot- ing That Resolution, as you will remen- ber, concerned the approval of the draft new Articles of Association of the Com- pany,

THEATRE

You will also remember that at the above mentioned First Meeting it was. shortly explained to you why your Con- sulting Committee thought it essential to alter the Articles of "Association, and I do not consider it necessary to deal fur- ther therewith, except to add that at the Meeting in question the draft new Articles of Association were unanimously approved," and that a Resolution record- ing such, approval was unanimously pass- ed as an Extraordinary Resolution. Under the Hongkong Companies Ordia. ance, however, it is necessary "that the approval of the new Articles of Associa tion shall be signified by Special Resolu- tion, and consequently, this Meeting has been convened for the purpose of enabling the Extraordinary Resolution above re ferred to, to be confirmed as a Special Resolution. And I accordingly "beg to propose the confirmation as a Special Resolution of the said Extraordinary FRIDAY, Resolution, namely: —

That the new Articles already ap- proved by this Meeting and for the pur pose of identification subscribed by the Chairman thereof be and the same are hereby adopted as the Articles of the Company to the exclusion of and in substitution for all the existing Articles thereof." and I shall be glad if some shareholder will kindly second that...

Mr. SAT WILLIAMSON seconded, and the relation was carried unanimously.

WEMBLEY EXHIBITION.

£1,000,000 DEFICIT.

GUARANTORS' HOPE FOR RE-OPENING

The following is from the Daily Mail of October 7th:- Attendance to October 7th...15,959,612. Failing further delay consequent upon the political situation, it is expected that a doubt as to the future of the British Empire Exhibition at Wembley will be set at rest by an official announcement this week

ROYAL

A. CARPI Presents

THE ITALIAN GRAND OPERA GO.

THURSDAY,

Nov. 6th

CARMEN

Nov. 7th

LUCIA DE LAMMANOOR

SATURDAY,

Nov. 8th

MIGNON

MONDAY,

Nov. 10th

MADAM BUTTERFLY

TUESDAY,

Nov. 11th

BARBIERE DI SIVIGLIA

BOOKING AT

ANDERSON'S.

DUTCH-SHELL ISSUES.

Promoting Happiness

I'm always happy, sir, and when you're happy yourself you promote the happiness of others. I'm happy because I bring happiness-in the form of Kensitas-into the lives of all smokers of discrimination and taste, like yourself, sir. You know as I always say "There's only one thing as good as a Kensitas, and that is another Kensitas."

Kensitas

Manufacturers.

the preferred cigarette

J. WIX & SONS LTD · 1:454 PICCADILLY · LONDON (W. I + ENG. Wholesale only: CONNELLY & WHYTE, Distributors for Hongkong and South China, 1 QUEENTS BUILDINGS. Tälephone: Central 436.

It is frequently asked, remarks the China Express and Telegraph, in its issue dated October 9th, whether ** turn 71

can be "made by selling Royal Dutch and exchanging into Shell shares. This will follow a meeting of a small A Stock Exchange firm, in reviewing the Cabinet Committee which has been apposition, arrives at the conclusion that pointed to consider whether the Govern-liere is nothing likely to be made out of meat shall remain a guarantor of £600,000 the transaction. Originally the ratio was that eight Shells equalled one Royal for next year..

but issue

Jenkyn

Obta 'nable at Lane, Crawford, Ltd. Tabaqueria Filipina, Grasco-Hyllan

Tobacco Store,.

and git high-class Tobaccists,

At 95 cents

per tin of 50

CHUN HING MOTOR BUS COMPANY.

The following List is the Time Table of our Service from Lai Chi Kok to Us Love and Vice Versa.

From 6 AM to 6 P.M.

Every 1 Hour Service

The Buses will Run every Hear Daily.

UN LONG SERVICE.

From UN LONG to SHEUNG SHUL

From 6 AM to 6 P.M.

Every 40 min. Service

From Lai Chi Kor

La Mox Soo CHCEN WAS CHAI WAN KOx SUN ORANG BUX CHAVO QUING LOOK TOU TA LAM GENG Soo KOON MUE CASTLE PEAK

to

Lur Mox Bou

CHTEN WAS CHAI WAN KOL SUN CHANG

SUM CHANG Omno Luse Tov Tu La Car Soc Koos MOI CASTLE PEAK SUN HOOL

Mints.

HEAD OFFICE at 635-639, SHANGFAI STREET. TEL KOWLOON: 1070.

SOUTH

[1402

MANCHURIA RAILWAY

ĢIKRAZING ALL Lizza in South Manchuria and Unosam (Korza)"Rasror Moznan.

SUMMER HOLIDAY

RESORTS

NO

SOUTH MANCHUBIA AND OHOSEN

808HIGAURA.-Finest Beaalde Bummer Holiday Bosort in North China. Five mile from Dairen, but connected with the city by special motor andcarriage road and electri Iramway, Yamato Hotel (85 rooms) and is furnished bungalowsin charming cliff gardes Bathing, Bosting, Fishing, Golf, Tennis, Billards, Orchestra twice a week. Captial" "place for children.

The action of the Government in this altered this to me whatue by the latter his OGONDAI-Most beautiful and select Secaide Resort in the Far East. Two milsstrom Port

settle the fate of the exhibition Failing an announcement this week it may be understood that the exhibition will close on November 1st.

If it is decided to continue the ex- hibition it will not be necessary, it was semi-officially stated yesterday, to call upon the guaruators to make good the loss which is now recognised as inevitable on this year's working. What that lose 1s cannot be finally ascertained until all the exhibition accounts are dealt with, and it is thought that cannot be until February or March of next year. A con servative estimate, however, places the adverse balance at £1,000,000.

CARRYING IT FORWARD.

If the exhibition re-opens next year that sum will be carried forward and fresh or additional guarantees will not be called for. Only in the event of the receipts of the exhibition next year feil. ing to wipe out the deficit on this year's working and pay its current expenses will the guarantora by lled upon. The chief of these are:- V

The Government

£600,000

Sir Robt. McAlpine and Sons 150,000

members of

Underwriting

Big Five Bauks ..

Lloyd's

Anglo.Persian Oil Co...

100,000 50,000 10,000

Football Association

is 10,000

Furness. Withy & Co.

10,000

Imperial Tobacco Co. of Great

Britain and Ireland.

10,000

I'. & O. Steamship Co.

10,000

Vickers Ltd., and Associated

Companies n

-30,000

Oldham Mäster Spinners' As-

sociation

7,000

Sir W. G. Armstrong, Whit

worth & Co.

5,000 5,000 5,000

Baldwins, Ltd

Rolls-Royce, Ltd., Chell Transport and Trading

Co., Ltd.py

5,000

"So far," said one of the principal guarantors, we have received no inti- mation that we are to be called upon for our guarantees, bat we fully expect it Only a decision to re-open the exhibition can postpone and, in my opinion, per baps eliminate the necessity for a call. You can be sure that the guarantors will all be in favour of a continuance of the exhibition, fur, if they have to pay, naturally they will like to postpone the evil day as long as possible."

(Continued at foot of next column. J

per

basis of this formula rests on the assump tion that the Royal Dutch dividend will be reduced by ડ cent. because of the increased capital. But it is explained that a true relative value can only be obtained by a comparison of the yields of each company at the time of the final distributions. Present yield of the two comes out at the same-7 per cent. less tar.

"

CHINESE FINANCE CLUBS.

Finance, as conducted by Quang Lung, a Chinese laundryman, of Pitt Street, Liverpool, provided a problem for the Registrar in the Liverpool. Bankrupter Court..

Quong, explaining how money, in a club which he organised went to those who offered the highest interest, said, "We submit a day for the draw, all the ten- bers have a draw. All the money is offered, and all the members come and write a note. Who offers the highest in- tereat, he gets the money. He told the Court that he had lost heavily nt fan-tan and puk-a-pu...

This sort of club is very common m Hongkong.

THE RUBBER POSITION.

In the "World's Rubber Position" for September, it is stated that allowing for the

Standard Production "...being reduced to 10 per cent. for the quarter commencing November 1st, the averag export for 1224 will be a fraction over 67 per cent With rubber averaging over is. 3d. and under Is. Od. for the whole of next year (1025), the average export.por- mitted will be practically 61 per cent.; with rubber 18. éd. per ibi or over for the same period the percentage would be Learly 72 per cent. It is also noted in of plantation rubber to the end of August the same publication that the shipments show a decrease of about 1,603 tone, and the world's shipments from producing countries, a decrease of about 150 tons as compared with the same period of 1923.

In the meanwhile, in preparation for. the closing of the exhibition this year, the exhibitors have formed the Wembley, Exhibition Disposal Syndicate, Ltd, to i dispose of exhibits and fittings,

Arther. Formerly the Summer Resort of the high Russian ofours and officials. Yamato Hotel and 10 vifise and bungalows, morily with detached servants' quarters, Excellent Balbing

Wonderful Soenery, Historie Battlefields, Ruined and Diamantfed Forts Miles fo eharming Walks and Drives. Abundant Pienicing Facilities. Orchestra twion a week. Beat place for high-class familia

PORT ARTHUR Famous for its two memorable Sieges and its bouzitial landlocked Harbour. Exactly one hour's journey Daina by express train. Yamato Hotel (16 rooms). Bufident place of historical and soemo interest to all a month with a fresh walk or drive. every day. Most healthy and malabrione spot in the Far East.

3

KONGOSAN,The famous Diamond Mountain of Korea à special Bummer Besort rivalling Switzerland for climate and scenery. Beautiful peaks and charming enander. Grand recuperativę malities Kongosan Hotel (10 rooms) et Onseiri and Chowaji Hotel

(11 room;) Cho anri.

All under the direct management of the SOUTH MANCHURIA RAILWAY (00, Illustrated Booklets and at Information post free" on request.

Applications may be sent to the Hotel Manager at the various resorts or to

THE SUPERINTENDENT OF HOTELS, Trafo Department Cable Add.; Mastetsu.. SOUTH MANCHURIA RAILWAY, Dairen. Codes A.B.C. 5th Ed. A1. Liebers,

ASAHI BEER

BFECIALLY BREWED FOR EXPORN

DA NIPPON BREWERY CO.

LIMITED."

LUKYO JAPAN

JOLE AGENTS

LODE

MITSUI BUSSAN KAISHA LTD.

BONGKONG.