1925-02-12 — Page 3

Page

"DECOLITE"

THE HONGKONG DAILY PRESS, THURSDAY, FEBRUARY 19TH, · 1925

FIRE-RESISTING FLOORING

(Awarded Gold Medal Franco-British Exhibition.)

JOINTLESS. HYGIENIO & NON-SLIPPING Laid by Our Own Workmen on

STEEL. WOOD OR CONCRETE.

THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.

Tol. Central 236.

2, Queen's Builidings,

QUEEN'S THEATRE.

TO DAY ONLY,

M

at 5.15 p.m. & 9.15 p.m..

POSITIVELY LAST PERFORMANCE

MANILA VAUDEVILLE, CO.

AND

ALICE TERRY £

IN

JACK MULHALL

"TURN TO THE RIGHT

A Big Metro-Rex Ingram Production.

"

TO-MORROW, FRIDAY, FEB. 13тя,"

GEORGE WALCH

IN

"SERENADE”

A First National Attraction

Miss Tamara Baraonelli

Classical and Oriental Dances

Jack & Thomas

Latest Songs.

FOUNDATIONS

PROMPT AND EFFICIENT SERVICE ENSUREL BY ADOPTING THE "FRANKI" PILING SYSTÉM

AN EXAMPLE-

CONTRACT No. 40

GODOWN (5 STOBITS HIGH) FOR THE CHINA PROVIDENT LOAN

& MORTGAGE Co., LTD. AT WEST POINT.

TOTAL WEIGHT OR FOUNDATIONS ...

FOUNDATIONS STARTED

·

་ ་་

FOUNDATIONS COMPLETED...

12,000 Tons.

15th Oct, 1924. 15th Dec., 1924.

(ie. 52 Adinal Working Days.)

Ask for illustrated Booklet and full information from the

HONGKONG ENGINEERING & CONSTRUCTION CO., LTD.

ST. GEORGE'S BUILDING, CHATER BOAD.

Telephone Central 4581, (Two Lines)."

2.30

TO-DAY, at

p.m., 5.10 p.m., and 9.15 p.m.

WILLIAM FOX

the magician creator of great spectacular film plays

presents

the most impressive historical metro drama

NERO

in twelve massive reéls

with

special Musical Setting

PRICES:

60 ets 2.30 p.m.-$1.20 & 5.10 p.m. & 9,15 pm.-$2& $1.

THE CORONET

PIANOS FOR SALE OR HIRE

TSANG FOOK PIANO CO.,

Pha, WANCHAL Bean

Im. 2137,

CHINA'S SALT REVENUE FOR

1924.

WBA

The Chinese Ecunomic Bulletin states that the net Salt Revenue, after meeting administrative expenses, credited in the Group Banks during the year 1824 amounted to 870,544,000, which shows decrease of 30,001,000 as compared with the revenue realised in

1093 (879,543,000), and is a serious decrease on the revenue · realised in all former years since 1918, The decrease largely if not entirely, due to the dificulty and uncertainty of transportas tidu on account of the civil wars the lower Yangtze the confusion caus and the North of China, as well as

As by ed by the arbitrary interference of Tuchun Ch'i of Nanking with the Salt Administration during the last four months of the year; in direct violation of the Reorganisation Loan Agreement. All obligations secured on the Salt Revenue, amounting to $20,777,000, were fally met and I the surplus funds released to the Chinese Government during 109 Amounted

20 to 864,700,000 (including 812,680,000 received from the Maritime Customs

on account of refund of Reorganisation Losa payments for the year). Of this amount some $33,486,000 represents sums either retained locally or appropriated by provincial author- ties or military com credited

These re tentions, which were

in the Group Banks by special arrangements, do not include the full amount of re- venue retained by the Kwangtung local authorities, the Canton District Inspec torate having been closed in May 1920 owing to the illegal interference of the local authorities and not having beca re-opened during the year 1994. Ia addition "to the retentions made in 1959 in the

chuan, Yapan Kwangtung. Sze

Hanan, Kiangsi Fukica

and the three Manchurian provinces, part of the revenue of the provinces of Kiangsu, Anhwei and Chekiang was also retained daring the last months of the "year 1994, owing to local military action. The reserve in the Group Banks was maintained during the year at $7,000,000.

"SINGAPORE COMPANY.

FUTURE OF C. A. RIBEIRO & CO. IN THE BALANCE.

In

At the seventeenth ordinary general meeting held at Singapore on January 30th, of Messrs. C. A. Ribeiro & Co., the Chairman (r, C. A. da Silva) said that he regretted that the profit and loss acount for the year closed with a debit balance of $13,590.01. Later, in reply to Fa" written request which had been receiv

ed from a shareholder the Chairman pre- seated a statement shewing the total turn- ever, which was the gross profit, and the net profit. for each year since 1920. 1920 the gross profit in the Printing De- partment way 8170,000 and, the net profit 855,000. In 1921 the gross profit was $135,000 and the net profit $20,000; in 1922 gross profit $52,100, loys 31,495; in 1923, gross profit 808000, net profit $3,000, in 1924, gross profis 194,200, -1915: $6,500. In the Stationery Department the turn-over in 1920 was $131,000, 'sad net profit $30,000; in 1921, gross proft $87,300, loas 293; in 1992, gross profit- $19,800, loss $48,000; in 1923, gross profit $19,900, loss $31,000; in 1924, gross profit. $25,200, loss $12,700.

In regard to a request for particulars of the working of the business between October 4th and December 31st laat, the Chairman stated that he had not been able to prepare that, the books not har ing been written up, pending the passing of the accounts that afternoon. As soon as the accounts were passed he would at once prepare a statement.

The same shareholder said the point was that the shareholders required to know whether the business had done any better.

After a fairly lengthy discussion of means of reducing expenditure, a share- holder said:-" As a definite proposal I would suggest that "the business runs until March ist, when stock is taken and a six months account brought out, and the shareholders called together again for the purpose of taking the consensus of opinion is to whether it is policy to carry the business on or wind it up.'

After the resolution has been seconded the Chairman stated, in reply to Mr. Luscombe, that he expected a reduction of at least 88,000 in salaries, and he cx- pected more business in the Printing De partment.

The motion was carried by, 9 votes to 5. The motion for the adoption of the report and" accounts was carried ́unani... mously.

DIVIDEND ANNOUNCEMENTS,

GREEN ISLAND CEMENT CO., LTD.'

Subject to audit; the Directors of the Green Island Cement Co., Ltd., will at the forthcoming meeting of shareholders, to be held on Tuesday, March 3rd, 1925, recommend the following allocation of profits:-

To

pay a final divident on the Old Shares of $1.23 por share

To pay a final dividend on the New Bhares of $0.15 per share...**

To carry forward to credit.

$500,000.00

60,000.00

of next year's account... 14,556.52

$574,556.52

EWO COTTON MILLS, LTD.:

Mestra Benjamin & Potta yesterday. received from their Shanghai Office a telegram to the effect that the profit of the Ewo Cotton Mills, Ltd., is Tia, 13,030, for the year ending December 31st, 1924. The sum of Ts. 500,000 has been taken from Reserve Fund, and a dividend of Tls. 0.25 has been declared.

The report of the Japan Cotton Trading Co., Ltd. (Nippon Menkwa-Kabushiki Kaisha), for the half year ended Septem ber 30td, 1924, shows a net profit of Yen 2,800,091.15 A dividend at the rate 61 10 per cent. per annum has been declared

Obtainable at LANE CRAWFORD LTD Tabaqueria Flipina, Greco Egyptian Tobacco Store, and all lägkelm Tobacconiin,

At 95 cents per tin of 50

JOSHUA

WIILL

Only for Connoisseurs

Of course, sir, tastes differ. Some people have judgment and others have none. Bat I've more respect, siz, for the man who smokes always an inferior cigarette than the man who smokes good ones one day and just anything the next. Yes, sir, I can say it posi- tively hurts to band Kensitas to such smokers. Kensitas were not intended for such poor. judges because Kensitas are too good to waste. No, sir, they were made for you and all good judges of good cigar-

ettes.

"Jenkyn

Manfacturera: J. WIX & SONS-Lad-17664 PICCADILLY LONDON W. ENG. Wholesale only - DONNELLY & WHYTE, Distributors for Hongkong and South China, I QUEEN'S BUILDINGS. Talophone: Central did

Kensitas

bade the

WIILLIAM FOX

the preferred cigarette

stand

still I

not only halts Father Time in his tracks, but sends him reeling back 1900 years in his stupendous screen spectacle.

NERO

the nightmare history of

the last and most hated of the Caesars

Twelve gorgeous reels

taken in Rome itself!

An amazing achievement; absolutely authentic ! ·

Painted in all the lurid colours of

the tenth satire of Juvenal. The most magnificent film pläy ever projected on a screen!

See

NERO-

at the height of his power.

A madman with his foot on

the neck of a trembling world!

See

ROME

burning at his mad caprice,

SEE

while the enraged populace

batter at his gates and

overthrow his statues.

the massacre of the Christians,

TO-DAY till

SATURDAY at

STAR THEATRE

February 10th to 14th EDGAR WARWICK

has the honour to present

the great chariot race

in the Circus Maximus

and the final cataclysm

SEE ALL THIS AND MORE

THE WORLD-RENOWNED LONDON STAR THE INIMITABERTM

WISH WYNNE

in tha

Celebrated Character studies that bavo’mada her famous

BERNARD KITCHEN

and a Fiano

ALFRED CUNNINGHAM- The Eminent Baritone From the London Opera House,

Alhambra, etz, SE

GWEN ADELER The Dainty Singer of Dainty Sange ZOEZ

In Characteristic Dances,

HAROLD WALDEN

The popular Humourous-entertainer, from the Palladiam and Principal Tondon Theatres and Concert Halls. Booking at MOUTRIE'S

THE CORONET

PROMONTA

Is an exceedingly effective and strengthening medicine.

The chief ingredient in its composition is obtained from natural nerve matter and contains in the synthesis all the properties to be found in the normal nerve matter,

This remedy can be applied in cases of:

Neurasthenia, all kinds of fatigue and exhaustion, insomnia arising from psychico-nervous causes, malnutrition and its resultant ailment, anaemia, bloodlessness, impaired vitality

Convalescence, senile decay of the nervous sytsem, after-effects of tropical anaemia and one-sided diet, etc.

PREPAID

** WANTED " ADVERTISEMENTS

Letters är lying at this Offon for BaxX, XL, XB, YI, 39, 40, 880,979, 1609, 1200,

SALE-PERAMBULATOR Hard) in Good Condition: Apply Mix. HANCOCK, 280, Peak..

169

ANGLISH NURSE 'WANTED for. One

Wood, 160, Peaking

EUhnld, 24 Years. Apply to Men 3. B

HOUND-After the Boxing Tourment at

"THEATRE BOTAL on Saturday, January date & Fair of Gold-rimmed SPECTACLES, Owner may have the Fame mpon Taying the Cost of this Advertisement.

VISITORS TO, CANTON, Should Purchase

A BOOK FOR THE GLOBE TROTENZ FROM HONGKONG TO CANTON BY THE PEARL RIVER

CAPTAI U. V. LLOYD With Histrations, Mapa and Tiaga

$1.73

On Bals ab Kragkongs "Dany PaxisTM Office,

Mesia, KELLY & WALL Mesra, Exwxx & Co. Moss, A. 5. Watson & Co

A