1925-03-05 — Page 3

Page

"DECOLITE"

FIRE-RESISTING FLOORING

#

(Awarded Gold Mois) Franco-British Exhibition)

JOINTLESS, HYGIENIO & NON-SLIPPING

Laid by Our Own Workmen on

N

STEEL, WOOD OR CONCRETE.

THE HONGKONG DAILY PRESS, THURSDAY, MARCH

THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.

Tel. Central 296.

2, Queen's Buildings.

COMPANY REPORT.

WATSON'S DIVIDEND.

Messrs. A. . Watson & Co.. Ltd., in- form us that

Subject to audit, the Prefts

Yor the year ended October

31st, 1994, amount to ..... $26,304.0 which together with the

amount brought "forward from 1991

Total

which the Directors will re- commend be allocated as follows:-

To pay a Dividend

of 10 per

ccat.

which will absorb $90,000.00

To pay a Boons of

-10 per cent. which

will absorb

Place to Reserve

Fand

*88,738.97

$1024,723.36

QUEEN'S THEATRE.

TO-DAY, at 5.15 p.m.

& 9.15 p.m. FAREWELL. PERFORMANCES

KITTY BARLOW England's Favourite Musical Comedy Star in

Songs and Stories.

IRENE WEST

America Expert Dancer

'ALSO SHOWING

ANITA STEWART

in her most sumptuous production, "THE INVISIBLE FEAR

A First National Attraction.

TO-MORROW, at 5.15 p.m., 2.15 pm.

BY SPECIAL REQUEST

"

"THE INVISIBLE FEAR."

THEATRE

ROYAL.

HONGKONG A.D. C.

CHARITY PERFORMANCE

FRENCH LEAVE'

IN AID OF

THE LADIES' BENEVOLENT FUND

WEDNESDAY, 11th MARCH, 9.30 p.m.

Tickets can be exchanged for vouchers for seats in the Circle or Stalls and can be obtained at ANDERSON's on Friday, Baturday and Monday, the 6th, 7th and 9th inst. General Booking Opens Tuesday, 10th inst.

Usual Prices-$3, $2 & $1.

FOUNDATIONS

PROMPT AND EFFICIENT SERVICE ENSURED BY ADOPTING

THE "FRANKI" PILING SYSTEM

EXAMPLES"

CONTRACT. No. 40 GODOWN (5 Storeys High) for THE CHINA PROVIDENT LOAN & MOET- GAGE CO., LTD., at WEST POINT. TOTAL WEIGHT ON FOUNDATIONS..12,000 Tama FOUNDATIONS STARTED... ...15th Oct, 1924 FOUNDATIONS COMPLETED...15th Dec, 1924

(Time 52 Actual Working Days.).

CONTRACT No. 44 GODOWN (4 Storojs High) for THE WING{

ON CO., LTD., ■t WEST POINT. TOTAL WEIGHT OF FOUNDATION 11,656 Toss CONTACT SIGNED

...17th Dec, 1924 FOUNDATIONS STARTER ...25th Dec., 1924 FOUNDATIONS COMPLETED *....23rd Feb., 1925

(Time-53 Actual Working Days.).

Ask for illustrated Booklet and full information, from the

HONGKONG ENGINEERING" & CONSTRUCTION CO., LTD.

ST. GEORGE'S BUILDING, OHATER ROAD,

Telephone Central 4681 (Two Lines)...

90,000,00

30,000.00

Write off Building

Improvements

Write of Marine Lot

No. 28 and Build.

ingy

Pay to Staff Provi-

dent Fund

10,000,00

20,000.00.

7,300.00.

Pay to Chinese Stift

Superannuation

And carry forward

Fund

to next account ... 48,723.06

7,500.00

THE GOLDEN £.

$381,793.06

MR. MCKENNA ON ITS MORAL VALUE.

Mr. Reginald McKiona, who presided Fat the ordinary general meeting of share- holders of the Midland Bank at Cannot Street Hotel. E.C., recently, discussed the close ennnection which exists. be- tween currency value and the volume of,, credit, and the possibility of a more effec tice use of credit control as a means of modifying Buctuations in price levels.. Following were points in his speech :-

The pound sterling is finding its way back to parity and will probably soon, stand at its full gold value, not because it will have climbed uphill to meet the dollar, but because the dollar cader pressure of the surplus supply of gold will have comé down to the level of the pound.

The rise of sterling in relation to the dollar häs, gone considerably ahead of changes in price level, but if the rise is maintained we may be sure price levels will finally conform to the new relation of value between the currencies.

An advantage of the gold standard is its moral efect A nation "will think better of itself, will almost regard itself as more honest, if its currency is conver tible into gold.

Bestoration of Europe cannot bring us prosperity ualess our internal conditions are sound. The pressure of taxes, which is far heavier in this country than in any other in the world, is too great for our trade to hear. It eats deep into the reserves indispenable for business expan sion:

Economy in national expenditure is vital. Every shilling saved now and de- voted to relief of taxation will come back to the revenue in future years in larger receipts from more prosperous industry.

BANK'S £6,000,000,000.

ONLY ONE FORGERY DESPITE ERRATIC SIGNATURES.

Giving evidence in the Court of Ses- sion, Edinburgh, recently in a en,000 claim against the Bank of England by the executors

of the late Mr. John Wilson, of Edinburgh, Mr. W. B. Thorpe, principal of the Transfer by Deed Office of the Bank of England, said that us, the result of the Bank's experience the 'card system for proving signatures had been discarded. People complained that they were getting ten or twelve cards, and that

יד

1925

Hope or Curiosity

I think sometindes the word "

curiosity is just another name for "hope." You might fancy that it was curiosity that made you smoke your first Kensitas-no, sir, it was really hope, the hope that you would. find Kensitas a really good cigarette; better than the kind you had been smoking.

But it is a fact, sir, that after you smoked that first Kensitas and experienced the cool, rare old blend of prime Virginie you continued to smoke Kensitas, because you found that's Kensitas are

as good as really good cigarettes

C be."

Kensitas

Hannahorus:

the preferred cigarette

1. WIX & SONS - LTD - 17456 PICCADILLY - LONDON WIE- ENG. Wholesale wily » DONNELLY & WHYTE, Distributors for Hongkong, and, South Chiu, X QUEEN'S BUILDINGS Telephone: Central ats,

Jenkyn

·Obtainable at Lane, Crawford,

Ltd. Tabaqueria Filipina. Granto-Exypciza,

Tobacco Store. and at high-class

At 95 cents

„pér tin of 50

TO-DAY HI SATURDAY 2.30 P.I 5.10 7.15 p.m. & 9.20 p.m. at THE WARNER BROS.

present

CORONET

John Barrymore

Wh

MARY ASTOR," CARMEL MYERS, IRENE RICH WILLARD LOUIS ALEC FRANCIS, RICHARD TÜCKER,

DIRECTED BY HARRY BEAUMONT

MAUDE BRENNAN

Has Just Received A Large Consignment of Very Stylish Spring and Summer Hats, Call Early and make your Choice.

"ASIATIC BUILDING.

is was no wonder the Government could. B. WARREN & CO., LTD.

not pay its way. These cards came back to the Bunk signed by anybody other than the stockholder,

The number of registered accounts in the books of the Bank of England, said Mr. Thorpe, was just over three million. They represented a capital of about £6,000,000,000.

The Bank were so super-cautious about transfers that business was apt to be impeded. In only one case before these alleged forgeries had there been a forged transfer. In that case the Bank, at their own expense." took steps to bring the forgers to justice.

HONGKONG SHARE MARKET. CLOSING QUOTATIONS.

·Marca 4ru, 1925. Hongkong and Shanghai

Banku...

...$1,210.b.. 1,240 m. Canton Engerandes mechani...$740 b., 745 x *Hongkong Fire Insurancom $710 nota. Union Invurandei

Douglas Steamships............................... $38 b. H.K., O. & M. Blemmboats, 136 r. do sau * Fiber Terziós command. $70 h., 81 z. Waterbante

$171 nom. Shal Transporte........... 9316

kin Sugar Langkat. Kowloon Whampo Docks Shanghai Docks

H.K. & S. Hotels..... Hongkong

Lands umphreys Extates Ewe Mills

++

hom.

SANITARY &"HEATING

ENGINEERS.

TEL. €269.

We beg to Announce the Open ing of our NEW SHOWROOM on GROUND FLOOR of CHINA BUILDING, QUEEN'S ROAD CENTRAL

(Facing QUEEN'S THEATRE)

Inspection Cordially Invited.

122b,& as

SUZUKI & Co., Ltd.

$193, K

$236 N.

Sols Agents..

118

$176, & $96. ..$19) b., 299. Tia. 157 b. & sa. ......T.601 Dom.

...Ti 4 b. Comenta (combined) $27. &

10. Ha, fill. China Löghts... (combined) $28.

ve nom. Providenta (fold)

Shanghai Cottons Orientals

seedimaa sam

Dairy Farma Electrics

k

zom.

25b. & as.

1551 b, fi sa

........$21 1. & na,

Hongkong Bopes (combined) $54) nom.

TYRDAWAY

Watarni

Peak Trans.

field) $23 nom.

{(new) 33 nam. ellers; sa-sales.

(1-85

SAKURA BEER

Tel. Central 464, 400. Uhins Building, 1st Floor,

Beau

Brummel

WORLD THEATRE.

TO-DAY TILL SATURDAY, 5.15 p.m. & 9.15 p.m.

THE BEST BRITISH PICTURE EVER PRODUCED

CHARLES DICKENS'

IMMORTAL MASTERPIKUE

"OUR MUTUAL FRIEND

ALL THE TENDER PATHOS AND EXQUISITE FEELING OF. CHARLES DICKENS' IMMORTAL STORY HAS BEEN BROUGHT TO THE SCREEN IN THIS PICTURIZATION OF YOUR FAVORITE AUTHOR'S WORLD FAMOUS NOVEL.

-CHARMING IN 118 FIDELITY TO THE CELEBRATED AUTHOR'S CHARACTER DRAWING, FUNNY CHARACTERS, SUSPENSE, HATRED »FOR THE VILLAINS OF THE PIECE. FOR FATHER. MOTHER, FISTER, BROTHER-IT WILL GIVE AN EVENING OF RARE ENTER- TAINMENT.

WITH SPECIAL MUSICAL SETTING

AT REASONABLE PRICES.

BY SPECIAL REQUEST

Romantic KOENIGSMARK " Will be Shown Again Soon. TO-DAY TILL SATURDAY, 2.30 p.m. & 7.16 p.m.

THE LATEST AND BEST CHINESE FEATURE

"HOW ROAD DIVERGED

Also CHARLIE CHAPLIN in "EASY STREET!"

PROMONTA

The most effective nerve-food and strengthening medicine.

BOLE-AGENTS;

BORNEMANN & CO., HONGKONG Queen's Road, Asiatic Building CANTON-No 17, Ten Yuen Ha Kai

"