1925-03-09 — Page 3

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THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.

“Tul. Central 236.

AGENTS FOR

THE HONGKONG DAILY PRESS, MONDAY

2, Queen's Buildings.

BRIGGS BITUMINOUS ENAMELS & SOLUTIONS.

SOLE AGENTS FOR

"

UNION'

ANTI-CORROSIVE and ANTI-FOULING COMPOSITIONS

FOR SHIPS BOTTOMS.

QUEEN'S THEATRE.

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

MADY CHRISTIANS

IN

MY LOVE IS SADLY SHINING

A Romance of the French Revolution.in Eight Parts.

Town Topics (Tientsin Police, etc.)

by B.A.T. Co.

TO-MORROW AT ALL SHOWS: -

JOHNNY HINES

And A Big Supporting Cast

IN

SURE FIRE FLINT

A Comedy of Pep, Action, Thrills and Laughs in 7 Farts,

THEATRE

ROYAL.

HONGKONG A.D. C.

CHARITY PERFORMANCE-

"FRENCH LEAVE

IN AID OF

THE LADIES' BENEVOLENT FUND

WEDNESDAY, 11th MARCH, 9.30 p.m.

L

Inter the Distinguished Patronage of-

HE. The Governor, Sir R. E. 81UBES, K.UM.G. HE. The General Officer Commanding the Troops,

Major-General C. C. LUARD, ('B, C.M.G. Commodore A. J. B. STIRLING, C.B..

Tickets can be exchanged for vouchers for seats in the Circle or Stalls and can be obtained at ANDERSON's on Friday, Saturday 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 (3 Storeys High) for THE CHINA PROVIDENT LOAN & MORT- GAGE CO., LTD., at WEST POINT. TOTAL WEIGHT ON FOUNDATIONA.12,000 TON FOUNDATIONS STARTED......15th Oct, 1924 FOUNDATIONS Completed

5)

CONTRACT No. 44 GODOWN (4. Storeys Hb) for THE WING ON CO., LTD., at WEST POINT. TOTAL WEIGHT ON FOUNDATIONS.11,654 Tons CONTRACT Signed FOUNDATIONS STARTED ...15th Dec, 1924 || FOUNDATIONS COMPLETED

(Time--33 Actual Working Days)

(Time-52 Actual Working Days.)

n

Ask for illustrated Booklet and fall information from the

17th Des,1924 25th Dec., 1924) ...23rd Feb, 1925

HONGKONG ENGINEERING & CONSTRUCTION CO., LTD.

ST. GEORGE'S BUILDING, CHATER ROAD.

Telephone Central 4581 (Two Lines).

CORRESPONDENCE.

GREEN ISLAND CEMENT CO.. LIMITED.

(TO THE EDITOR OF THE HONGKONG DAILY PRESS."'!

SIRA the last general meeting of the Green Island Cement Company, Limited, a sharehokler thought it to con gratulate the General Managers on the successful " year they had weathered, and which permitted the Company to pay a dividend on the old shares of $1.75 for the year 1994, as against for the pre- vious year. The following Agures giving, a comparative statement of the principal items in the accounts for the last two years any perhaps be of interest:

1929

1324 Gross Profit..$1,094,819.50 8738,971.54 Depreciation 10

per cent,

Amount written

off

Bonus to Staf... Directors Fees... Donations tu

charity Amount carried

forward Stock in hand:

Hongkong. Stock in band:

Macas Investments

HI.K. Bank Fixed

Deposit

34.173.24

نیز

39,110.50

155,68.37 13,848.21

3.000.00 7,000.00

9.000.00 2.430.00

93,347.80% 1-1,356.32

545,42Las Lat8C24.11

39,744.84 176,759.48 $2,694,99

MARCH 975, 1995

Obtainable at LANE CRAWFORD LTD Tabaqueria Filipina, Greco Egyptian Tobacco Store, and all high-class Tobacconists, At 95 cents per sin of 50

74-4,636.82 EQUITABLE FASTERN BANKING

CORPORATION.

1,800,000,000 300,000.00 From the above it will be seen that the amount of over one million dollars which was on fixed deposit in the bank is now tied up in raw material Although the policy of the General Managers of ac- camilating a large stock of raw material to guard against possible contingencies is not questioned, yet it must be borne in mind that the interest on this large xum, which had contributed to the income of the Company, is now lost, enhancing thereby the cost of production.

It would seem, that in order to please a certain section of the shareholders by making it appear that the result of the past year's working compares favourably with that of the previous year, inasmuch as the difference in the dividend on the old shares is only 25 cents, the Company had to bave recourse to the expedient of reducing the amount carried forward by some $78,000, and the withholding of a bonus to the staff.

If the General Managers are to be congratulated upon weathering a success

fuzl

gear, this result could only haye been attained by the co-operation of the staff. In a recognition of this fact, would it not have been wiser to have reduced the dividend by a necessary three cents rather than bare caused keen disappoint- ment and hardship to those in whose hands lies the prosperity of the Con pang-Yours, etc..

FAIR PLAY. Hongkong, March 7th, 1995.

"THE.

COMPANY REPORT:

HONGKONG ELECTRIC CO..

LIMITED.

The report of the Board of Directors to the thirty-sixth ordinary yearly meet. ing of shareholders, states:-

Gentlemen, Your Directors have plea- sure in subraitting the accompanying statement of the Company's accounts for the year ended December 31st, 1924.

is

The balance at credit of profit and foss account available for appropriation, after allowing for depreciation $1,474,193.64 and your Directors recom- mend that this be disposed of follows:-

To pay a dividend of $9.50

per share on „200,000 shares

To place to reserve

To carry forward to next

account

$750.000, 00

600,000,00

124.159.64

$1,474,153.64

Directors.--Mesars, J. P. Warren and D. G. M. Bernard resigned from the Board and Messrs. T. G. Weall and R. D. F. Beith were appointed to the VACHADO, BESTE, These appointments rev quire the confirmation of shareholders.

1

in accordance with the Articles of As- sociation Hon. Mr. A. O, Lang and Hon. Sir C. P. Chater, C.M.G., LL.D., retire, but being eligible offer themselves for re-election.

Auditors.-The account have been audited by Messrs. Linstead & Davis who retire, but offer themselves for TC olactin.

A. O. TANO

Chairman.

HONGKONG SHARE MARKET.

OLOBING QUOTATIONS,

MARCH 7TH, 1925. Hongkong and Shanghai

Banki

...$1,20

$740 nom. Hongkong Fire Insuranoes.. $710 nom. Union Insurancos...

Canton InsurÀNDER

Douglas Steamships 358 b. EK, O. & M. Hieumbouta...$35 m. "Star" FerricË PA

378 xa. Waterboats.........$17 nom..

Sugar.

Langkats (combined) Kowloon Wharres... hampoa Docks eur Whampoa Shanghai Dooks

Tands ......

Fistabas...

H.K. & S. Hotels.

Humphreys Share Mills Bwo Shanghai Cotton

Orientals

191 b. $17; nom. .. 180 b.

..$19 b.

The 19 b.

Ta. 60 b. Tis. 4b.

(combined) b.

$83 b.

Cements .......... (combined) $28. China Eight... (combined) $28 nom. Providenta

{(201) Dairy Farpið undandoursorama 28 b. Electrics Hongkong Ropes (combined) $541.

Peak Trama...

Doz.

Bom.

156) b.

(ald) $29 New Engineerings.......le. 91 b. China Bases

•19ƒ sa & b. Canton Icos.........................$84 b.

b-buyers; ellers; 10-alca.

41

AN AMERICAN BANK,

CAPITAL AND SURPLUS D.S. $2,075,000

HEAD OFFICE:

37, WALL STREET,

NEW YORK-

BRANCHES:

14

SHANGHAL

General Banking and Exchange Business, Interest Allowed on all Deposits.

Bates on Application.

"

LONDON AND PAXI ASETTI. EQUITABLE TRUST Cò., 07 N.Y.

D. M. BIGGAR, Manager.

THE BANK OF CANTON, LIMITED. HEAD OFFICE: HONGKONG

Established 1912.

Authorised Capital

£1,200,000

Paid Up Capital 21,079.580 Bilver Reserve Fund.............. $700,000 Foreign Exchange and General Bank-

ing business transacted.

Interest allowed on

CURRENT ACCOUNTS

2% per annum on daily [credit balancus

of over $100. SAVINGS

BAD

DEPOSITS

for 12 months 5′′%, per jaanum for B

for 3

for demand

BRAKORZY

1་

蹿

*

Canton, Shanghai, Hankow, Bangkok and New York.

LONDON BANKZU

The Lloyds Bank, Limited,

LOOK POONG SHAN

Chief Manager,

BOULETE YRANCAISE DI GERANCE.

DE LA BANQUE INDUSTRIELLE DE OHIAE. ETABLISSEMENT FRANCO-CHINOIS. (Lacorporated in France).

5. Chater Road, Victoria, Hongkong.

BRAD' OFFICE:

Paris, 74, Eno St. Lazare.

Capital.... Reserves

......... Fra 10,000,000 Frs. 10,790,000 Working fand provided by THE BANQUE INDUSTRIELLE DE "CHI: Fr. 50,000,000.

BANKERS: France: Societe Generale, Banque Nationals de

Credit, Banque de Paris et des Pays Bas London: Midland Bank, Ltd

New York: Irring Bank, Columbia Trust.

Every description of Banking and Exchange

Business transacted." Correspondents throughout the World.

M. FITZ-HENRY,

Manager

Hongkong, 12th July, 1994,

PLUMBING & HEATING

HOT & COLD WATER

SERVICES

DRAINAGE & SEPTIC

TANKS

etc.

ESTIMATES FREE ON APPLICATION

C. E. WARREN & CO., LTD.

OFFICES &- CHINA BUILDING

(GROND FLOOR), SHOWROOM

QUE

T 0, 36

ROAD OXYTRAL

HONGKONG.

Eliss

DUTY

"Why do you always tell everyone about

Kensitas ?" he says to me, sir.

Because I consider it my duty, sir.

"Duty is the sublimest word in the English language, Jenkyn," he says-and I believe him, he knows what's what, he smokes Kensitas himself.

Like yourself, sir, a smoker of taste and discrimination.

Jenkyn

Komo/katavara:3, WIX & SONS · L+#+17%5-4 PICCADILLY LONDON W.1. ENC. Wholesale only: DONNELLY & WHYTE, Distributors for Hoago and South China,

QUEEN'Y BUILDINGS.' Talephone: Central 636,

Kensitas

the preferred cigarette

ין

TO-DAY and TO-MORROW 2.30 p.m., 5.15 p.m. 7.15 p.m. & 9.15 p.m.

A Tale of the two greatest things in the world

LOVE & GLORY

I

The drama of a man's courage and a woman's constancy in the face of Death and Time. It takes you from a peaceful French village to Sahara's blazing Sands, and from the Franco-Prussian War of 1870 to the Paris of To-day

THE

CORONET

THE STAR

Thursday, March 12th,

at 9.15

FOR ONE NIGHT ONLY.

SIR HARRY LAUDER

1/

Supported by

A POWERFUL COMPANY OF INTERNATIONAL

VARIETY STARS

Prices:

$3.50, $250 & $1.50 Booking at Moutrie's and the Star."

WORLD

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CONSTANCE TALMADGE

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A STORY OF YOUTH LOVE AND MIRTH THAT SPARKLES

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USUAL PRICES.

STARTING WEDNESDAY NEXT. MONTE BLUE & IRENE RICH

CL

LA

DEFYING DESTINY "

IN THIS UNUSUAL FINE FILM, THE VERSATILE STAR 18 GIVEN AN OPPORTUNITY FOR THE DISPLAY OF HER EMOTIONAL ABILITY OF A POWER HITHERTO UNREVEALED.

EVERY MOMENT IS AN UNFORGETTABLE HEART THEOR: EVERY BOENE IS A THRILLING CLIMAX.

BY SPECIAL - REQUEST

Romantic “KOENIGSMARK

Will be Here Again Soon.

WATCH FOR ITS OPENING DATE.