1925-01-24 — Page 2

Page

DCL

EDINS

ANDE, Tol. Central No. 138..

ompany

THE HONGKONG DAILY PRÈSS, SATURDAY, JANUARY 24TH, 1925

"D. C. L." MALT EXTRACT

with

COD LIVER OIL Is made from the finest selected Barley and malt- ed with the greatest care on the Company's own premises by the most.

of scientific methods manufacture.

THE

DISTILLERS COMPANY, LTD.

EDINBURGH.

FRICA: Per 1 1b. Jar

SOLE AGENTS:

$1.00.

Per b. Jar ***

1.80.

1

PRICE & CO., LTD.,

Sr. Groner's BUILDINGS, ICs HOUSE STREST.

DAIRY FARM NEWS.

FISH.

Fresh Stocks Just Received.

From Canada: "

Chicken Halibut

Silver-side Salmon

From the Scottish Fisheries :

Haddocks

Fillets Kippers

70 cents per lb.

60

60 cents

per

lb.

55 50

11.

19

A Variety-but only one Quality-the Best.

THE

FRENCH STORE.

JUST ARRIVED by S.S. "CHANTILLY.”

CHLYER SOISSE CHEESE, GENUINE EOQUEFCET CHEESE. OLIDA, LYONS:

SAUSAGE. and ARLES SAUSAGE.

ᅦ

MORTADELLA DE BOLOGNE, BONELESS FINEST HAN, LAX SMOKED SALMON IN TINS, RUSSIAN BLACK CAVIAR, ELACK OLIVES ard FIRST CLASS HOLLAND SALTED BEEBINO'S.

USE COLGATE'S SOAP AND RIBBON DENTAL

CREAM

SOLE AGENTS:

THE HONGKONG TRADING CO., LTD.,

11

BANK OF CANTON BUILDING,

HONGKONG,

WORLD THEATRE.

TO-DAY ONLY, 5.15 p.m. & 9.15 p.m.

LOIS WEBER

"THE

FREIENTS

BLOT"

THE BIGGEST HUMAN HEART STORY EVER SCREENED.

SOMETHING DIFFERENT. SOMETHING NEW. SOMETHING BIG.

IT'S THE DAWN OF A NEW. BORT OF DRAMA-DRAMA THAT UTTRE ENTER" DRIVES ROME GIGANTIC BLOWS OF TAINMENT. A STORY AS BIG AND VITAL AS LIFE ITSELF. IT HAS PLOT, SURPEISES, SUSPENSE. HUMOUR, ROMANCE, THRILLS, EVERYTHING. IT'S A PICTURE TO REMEMBER.

ORDINARY PRICES.

SPECIAL MUSIC.

DON'T MISS YOUR LAST CHANCE.

STARTING. SUNDAY, 6.15 p.m. (Sharp) & 9.15 p.m. THE PICTURE YOU'VE LONG BEEN WAITING FOR

WILLIAM FOX

-PRESENTA

"OVER THE HILL"

(IN 11 BEELS)

(THE MOST WONDERFUL HICTURE OF THE CENTURY). STARTING SATURDAY, 2.30 p.m. & 7.15 p.m. THE LATEST AND BEST CHINESE PRODUCTION

"THE TEST OF TRUE LOVE" (in 12 Reels)

REVISION OF CHARGES.

five

SHANGHAI TELEPHONE SERVICE. statements of the Company's revenue and

capital requirements for the next years, which have been subjected to the closest scrutiny. The natural tendency of the Company was to err on the side "The Shanghai Municipal Gazette of of safety in the interests of the share holder, while the Treasurer and Comp- January 15th contains interesting state-roller's efforts have possibly been exer ments and reports on the subject of theised mainly in the interests of the sub-

revision of the tariff of telephone charges scriber. As the result of the investiga and on the working of the automatic tious that have been made the Council is fully satished that the operating costs Telephone system installed at the Comof the Telephone Service have increased to such an extent as to justify a revision pany's East Exchange.

of the tariff under the provisions of

In view of the fact that a revision of the telephone monopoly in Hongkong is uses of the Agreement of 1007, The being discussed by the Company with the Company has also satisfied the Council tovernment, the following review by the that heavy capital expenditure is neces Shanghai Municipal Council of its negory in the near future to cope with its constantly increasing number of sub- tiations with the Shanghai Mutual Tele- scribers, and that this expenditure is phone Co. Ltd. will not be without

necessary whether future extensions are interest in Hongkong:- !

carried out on the manual or automatie In December, 19, the Company ad. basis, althoughwin the former caso the dressed a letter to the Council suggest outlay would not be so heavy ha in the ing a conference between the Directors latter. The annual charges (interest and of the Company and representatives of depreciation) on this expital expenditur the Shanghai and French Manicipal Coun. will further materially increase the work- cils for the purpose of determining whe- ing costs of the Company and would be ther or not the automatic system should difficult if not impossible to finance by be gradually substituted for the manual Company showing an inadequate re- throughout the whole of the Company's turn to its shareholders, which would bel service, and to discuss the question at the position under the old tariff of extension of the Company's franchise and charges. It has been suggested by cer a revision of the tariff of charges. A contain correspondents that the increased

are required in order ference was duly held (Mr. G. WHson charges

the

fuance Company representing the Council) and although allow no concrete conclusions were arrived at, capital outlay cut of its current

The Council wishes it the Council was satisfed that the Com-reaue pany had made out a case justifying the clearly understood that such a revolu fullest consideraties. The most urgent tionary proposal has not been even con- point requiring decision was the question sidered. The Company's futura capital of the introduction of the automatic sys- requirements will be financed either by tem, for the reason

additional share or debenture issues, and that the existing capacity of the Company's exchanges only the choice between these two methods will just allowed for the installation of the rest on financial expediency and the in automatic side by side with the manual. terests of the subscriber as distinct from To postpone the installation of the auto-the shareholder. matic to some laser date would have

to

its

to be

A number of petitions have been re-

meant the erection of additionalceived from representative Chinese, Asso- buildings, with consequent increased costelations, the majority of which charac to the subscriber. The Council fully real terise the increase of rates sanctioned by. In actual ized that temporary inconvenience to the the Council as exorbitant." subscriber would he occasioned" by the fact that increased täri represents an and 20 per change. but it was recognized that Shang- advance of 15 per cent. hai had fallen far hebind other towns in

ceat respectively on the rates formerly continuing the maaval system for many in operation for residential and busi- years after it had been discarded else; ness telephones. Strong exception, is also! where.

taken in these petitions to the applica- In adepting the Company's proposal tion of the message rate to institutions as regards the automatic, the Council was such as hotels, restaurants, clubs, etc. largely induenced by the unquestioned The Council gave the fullest considera- "fact that this system has proved entirely tion to this innovation, and is perfectly successful in other towns and would afford satisfied that the new method of charging comparative immunity from the incon- is justified, and is the ualy method by venience (and possible danger) of strikes which auch institutions can be mida to on the part of operators. The operation contribute an equitable quote to the Quite apart from of the Automatic Exchange that Eas been Company's revende. installed in the Eastern District has (as this side of the question, and as pointed fully explained in the Company's state-out by the Secretary and Acting General ment been complicateed by the faolts Manager by the company, the agreement that have been discovered in certain parts signed by subscribers prohibits the uke of the apparatus, and although the of the telephone by any other person than- inconvenience caused to subscribers is to the subscribr those in his immediate be regretted, the Council can find in this employ, and although this clause has not incident no sufficient reason for altering been insisted upon by the Company ja its decision that the automatic system the past, the time has arrived when the desirable and essential for Shang number of calls from this class of sub, The Council, however, is meg

acriber has increased to such an extent as forejudice the service to the ordi- satisfied that the particular te matic now in operation inter nark sidential and business subser bar. District is the most suitable for Shang A deputation from the Amalgamated hai, and it is proposed to go further into Association of Chinese Hotels, Restaur this matter with the Company at an early ants and Teashops was seen by the Chair- dace.

Dub on Tuesday, the eth inst, and this At an early stage of the negotiations meeting was followed by one at which the the Council recorded the opinion that members of the Chinese Advisory Com the agreements under which the Publicmittee were present, together with repres Utilities Companies of Shanghai operate sentatives from the Association of Chin do not allow for an adequate measure of cse Hotels and the Amalgamated Associa control being exercised by the ratepayers' tion of Street Unions. At this latter representatives over certain vital matters meeting, which was held on Thursday, the a full and frank discussion of of financial and general policy," and ad-5th inst.. vantage was taken of the opportunity the whole problem took place, and "the afforded by the negotiations for suggest Conncil's reasons for its attitude were ing to the Company a rovision of the explained in great detail by the Chair- Agreement of 1907-memorandum was man and the Treasurer and Comptrol- prepared by the Council outlining aler, while the Secretary and Acting scheme the objects of which were (1) to General Manager of the Company gave identify the interests of the Directors of a full explanation of the necessity for the Company with those of the Council the introduction of the message rate as such a manner as to remove any pos- applied to a certain class of subscriber. sible source of friction arising in the Same misunderstanding appeared to exist future; (2) to provide for an adequate as to how the message rate would ope return to shareholders and the proper rate in practice, and the Council has maintenance of their security, ... the had no hesitation in approving a sug assets of the Company, and (3) to sub- gestion made at the meeting that the stitute the interests of the subscriber for principle of charging on the message rate those of the shareholder as the chief in- basis should be given que year's trial centive for the affairs of the Companynd that the question should be recon- being conducted on the most economical sidered if an application is received from Hines.

the Association of Chinese Hotels, Res

ܐܐ܂

BE

The Council's proposals and a copy of taurants and Teashops three months be- the memorandum were forwarded to the fore the termination of the current year. Company under cover of a letter dated: The Council has little doubt that when April rd, the whole correspondence the message cate has been in operation a being published in the Municipal Gazette few months, the Chinese will be the first of April 5th. The principles ander-lying to appreciate its advantages.

The Council has been aware for some the scheue were accepted by the Direc tors, and the whole problem was ventil- time-past that the service given by the ated at the last Meeting of Ratepayers Company has been adversely criticized at which the Council was instructed to by an increasing number of subscribers, proceed with the negotiations on the lines, and it is for this reason that the Council laid down is the memorandurt. The rehas considered it desirable to strengthen vised agreement, which has tentatively its control over the Company's activities. becu agreed to by both parties, limits the The Company has real dificulties to con- Company's dividend to a maximum rate end with in serving such a cosmopolitan 8 per ceat, per annum; provides for community as that of Shanghai, and the full and adequate control by the Council Council support the Company in its over the Company's operations, and fin-appeal that subscribers should do what ally ensures that the future financing of they can to co-operate with and assist the the

will be conducted on the Company's officials.. Company most economical lines. Further than this, On reviewing all the circumstances sur any surplus that may result from the rounding the question, the Council is operation of the tariff will be earmarked satisfied that the revised agreement it is for the berest of subscribers after the proposed to enter upon will ultimately legitimate and defined claims of shire- prove in the general interests of the sub- holders have been satisfied. In effect the scribers to the Service, and that the re scheme is one that will ensure the same vised Tariff of Charges now in force is measure of control being exercised by the framed on an equitable basis Council as if the Company were a Muni cipal undertaking, hut frees the Council from direct responsibility in connection: with finance and the details of manage. ment.

ہیں

MOSQUITOES. WITHOUT BITE,

A novel method of combating tos- Under the scheme proposed by the quitoes was proposed recently to the Council and accepted by the Company, French Academy of Science by Dr. the tariff of charges is to be revised every Legendre. He stated that in certain five years. The fixing of an initial tarif parts of Brittany he bad discovered a was necessarily a somewhat difficult pro- family of harmlese mosquitoes which do blem..and the greatest care has been taken not bite. Close search revealed the fact to ensure that the revised charges are that wherever these particular mosqui- on such a basis as to safeguard the in- toes are found the noxious type do not terests of the shareholders while at the exist

same time not unduly penalising the sub- The proposal, therefore, is to breed scribers. The Secretary of the Company millions of these non-biting mosquitoes has been in close collaboration with the at all points where their presence would Treasurer and Comptroller for some, be desirable to evacuate the other and mouths past and has propared: detailed dangerous families.

JUST THE DIFFERENCE that means so much

IF

EYE STRAIN Unshaded lamps, a flickering light, or cast shadows, are causes of discomfort which often lead to eye strain and ultimately a visit to the oculist./

EYE

COMFORT

Can be readily obtained by using electric light and correctly de- signed shades. Let the light fall on the subject not on the eye, your eyesight will then be pre- served, and reading, writing, or sewing becomes a pleasurable task. USE ELECTRICITY-the light flame. without flicker or

THE CHINA LIGHT & POWER CO. (1918), LTD.

SHOW ROOM-62. NATHAN ROAD, KOWLOON, Phone, K. 677.

THE JARDINE ENGINEERING

TILIPHONE: Central 8351 & 15.

CORPORATION, LTD.

14. PEDDER STREET. HONGKONG.

-Messrs."

ROER

SOLE AGENTS FOR

ANDERSON & SON, LTD.

BRITISH MADE

Cable: "JARDANG,"

Hongkong.

RONG

K

ROOFING

Specifications for all kinds of roofing

work on application..

HONGKONG HOTEL GARAGE

1925

THE NEW

STUDEBAKER

1925

HYDRAULIC FOUR-WHEEL BRAKES

GENUINE BALLOON TYRES

DON'T FAIL TO SEE THEM

DON'T BUY BEFORE YOU SEE THEM.

THE HONGKONG AND SHANGHAI HOTELS, LTD,

LADIES LEATHER AND BEADED HAND BAGS Of all Shapes and Sizes. The Very Latest

Things in Paris Now.

Youcan See Them at the

MAGASIN GÉNÉRAL,

5, Beaconsfield Arcade.