1925-04-06 — Page 3

Page

THE UNITED ASBESTOS ORIENTAL AGENCY, `· LTD.

Tel. Central 136.

BRIGG'S

AGENTS FOR

2, Quser'e Buildings,

BITUMINOUS

ENAMELS & SOLUTIONS.

SOLE AGENTS. FOR

UNION

#7

ANTI-CORROSIVE and ANTI-FOULING COMPOSITIONS

FOR SHIPS BOTTOMS.

QUEEN'S THEATRE:

TO-DAY POSITIVELY LAST PERFORMANCES

1

at 230 p.m., 5.15 p.m., 7.15 p.m. & 9.15 p.m.

Sir Authony Hope's "Celebrated Roumince

"RUPERT OF HENTZAU

With A Great Cast

ELAINE HAMMERSTEIN

Bert Lytell

Lew Cody

Hobart Bosworth

Mitchell Lewis

Elmo Lincoln,

AND

Claire Windsor Marjorie Daw Bryant. Washburn Adolphe Menjon - Irving Cummings

In Nine Big Reels.

TO-MORROW TUESDAY, April 7th..

JEWEL CARMEN

IN

"NOBODY"

A

A First National Attraction."

"

THE · HONGKONG - DAILY PRESS, MONDAY, APRIL "öra, 1925.

WORLD THEATRE.

TO-DAY TILL WEDNESDAY, 5.15 p.m. & `9.15 p.m.

THE GREATEST LOVE STORY OF ALL TIME

"BASED ON WHITTIER'S IMMORTAL POEM

"THE BAREFOOT BOY "

FEATURING JOHN BOWERS, MARJORIE DAW SYLVIA BREAMER,

AND A MARVELLOUS ALL STAR CAST. THE HEART OF A BOT-THE SOUL OF 'A' MAN—AND LONE- LINESS UNTIL LOVE TOUCHES THEM TO BEAUTY,

A STORY VIBRANT WITH APPEAL,

ALSO

JACK DEMPSEY

IX

"WEST OF THE WATER BUCKET

#

(THE THIRD OF THE "FIGHT & WIN" SERIES).

TO-DAY TILL WEDNESDAY, 2.30 p.m. & 7.15 p.m.

||

A MARVELLOUS CHAPTER PLAY

IN THE DAYS OF DANIEL BOONE Eps. 10 & 11.

"

HONGKONG ENGINEERING & CONSTRUCTION CO., LTD.

CONTRACTORS FOR CIVIL ENGINEERING AND BUILDING WORK OF ALL DESCRIPTIONS,

Specialists in Reinforced Concrete Foundations and Structures for Factories, Godowns, Wharves, Bridges, Piers, &c.

Sole Licensees for Hongkong and China of the Franki" Patent Compressed Concrete. Piling System.

Enquiries to HEAD OFFICE...

ST. GEORGE'S BUILDING, CHATER ROAD.

Telephone Central 4581 (Two Lines).

PIANOS FOR SALE OR HIRE.

Tec 4048,

TSANG FOOK PIANO CO.,

No. 8, Dzs Vaux ROAD CENTRAL(Entrance Ice Hours Streck)

LANGKAT ANNUAL MEETING.

GOOD QUALITY OF TIMBERS REPORTED.

The annual general meeting of the Langkat Co. was held at Shanghai ov March 31st, at the offices of Messrs. Geo. McBain, the general agents. Mr. R. 8. F. McBain presided and was supported by Mr. Joha Prentice.

The Chairman said; In speaking last, year of the accounts. I drew attention to the fast that, the item sundry assets in the balance sheet had been reduced during the your we were then reviewing by about Tha 100,000, and I said that we hope to see them still further reduced during the year on which we had then entered. In this we were disappointed, as the result of the shipment of drilling tools and machinery which, we made to America turned out less satisfactory than we expected and I any afraid that we can- not now hope to get much oby -return for it as a good deal of the machinery is obsolete, and low prices will have to he taken for it

Timber at T 203,530.81 isado..up of the plan and machinery in Sumatra and at our factory here, as well as con- siderable stocks of cut timber in both places."

I am sorry to say that the oil and sundry working account still shows a loss. There is, however, a considerable saving in the expenses generally. As the report says, the expenditure on oil was reduced to a minimum during the second half of our Enancial year. It may seem strange perhaps that, as we have given up the

Obtainable at LANE CRAWFORD.LTD Tabaqueria Filipina, Græco Egyptian Tobacco Store, and all high-class Tabacconisis,

At 95 cents per tin of 50

exploitation of the oil held ourselves. C. B. WARREN & CO., LTD.

there should be say expense to speak of

984, WANGHAI ROAD, HONGKONG.

in this account, but I want you to bear MONUMENTAL DEPARTMENT, in mind what we say in the report about a good deal of the expenditure being on account of various concessions which the company owns and which your directors do not think it advisable to give up. The foreign and native staff account and the quit rent and general charges are all con siderably more than they would he but.

of

Mocumental,Work neatly executed in Italisa

Marble Fireplaces supplied and fied to dwa or selected design.

for this fact. Until we are able to disor American Marble, Polished or Fine Puncheck pose of some our lands and our Mar Hongkong Granite. Lapoera Concessions in Borneo these accounts cannot be much further reduced. There are certain expenses in connection with the foreign and native staff as well as the rents which must be incurred as long as we hold them. This we would recommend should be done as we are con- vinced that they are of considerable value.

LOSSEN ON TIMBER REDUCED,

There is one other item in the working acconut to which I would draw your at tention, and that is the loss on timber which has been reduced from Tis. 31,485.56 last year to Tls, 2,550.62. This smajl losa is rather disappointing, as we had hoped. to have been in a position to show a profit from this source. Our installation at our timber yard in Ward Road is now

Estimates and Designi sabmitted free on application at the above-09 st 'our Wend Office in

CHINA BUILDING (Facing QUEEN'S THEATRE).

ARTIFICIAL WREATHS IN STOCK.

1485

nearing completion and we shall soon he FOR THE HAND CAMERA."

well equipped and able to turn out material of a very high class with which, in the opinion of our manager, we ran supply the building trade in Shanghai and the outports.

Our Damarlaut and Marbau woods are of excellent quality, nad wo shall sou have continuous supplies for doors, win- dow-frames, staircases, flooring, etc. If "any of our shareblders are thinking of building either bouses or offices. I hope they will ask their architects to specify that-Langkat Damarlaut or Marhau only is to be used by the contractors for the better class of work. We have in view several large contracts at the present time.

GIL PROSPECTS.

On the Dara: oilfield there has been no drilling done, during the last year, but preparations are being made by the Bataafsche Fetroleum Maatschappij (which is the company that does the field work of the AP.C. up) to do some deep drilling there and we shall look forward with a great deal of interest to

THE ANTI-SCREEN. IS A PERFECT HAND CAMERA PLATE.

If yields Negatives of Rich Gradation, with Full Details in Shadows and Highlights. It stands forcing in Devalopment, possesien Grest Latitude, and is unsurpassed for Instantaneous Work.

WELLINGTON

ANTI-SCREEN PLATE. WELLINGTON & WARD, LTD. ELSTREE, ENGLAND, OFTAINABLE A

ALL PHOTOGRAPHIO DEALERS...

the results. The average production for CHINA AUCTION

the year under review was 10 tons daily ngainat 91 tons the year before, During the year an agreement was made with the Batnafsche under which the Tand- jang Siamai concession has been trans-

ROOMS.

GOOD TEINGS and

REAL

ferred to them to work on the following FOR BARGAINS Come to The royalty basis-F1, per ton pure crude ail as long as the total production of the Concession - Tandjong Samat does not exceed 10,000 tons per annum; Ft. 4 per ton over n further yearly production of 5,000 tons or part thereof; F1. 3 per-ton on a further production of 5,000 tons or part thereof; and F1. 2.50 on a yearly production for as far as this exceeds the

OHINA AUCTION BOOMS

Chins Building,

Ground Floor,

20,000 tors. They propose to spend a BANK NOTES IN CIRCULATION. considerable sum on making a thorough geological survey to ascertain whether it is worth working or not. This survey will probably be commenced during this

year.

PROFIT ON RUCHEL

on

The profit of Tls. 108,004.36 on the rub- ber working account may, I think; be considered as satisfactory under the cir cumstances, as during several months of our financial year prices ruling were very low. With the prices which have been obtained

during the first five months of our present year beginning November 1st, and the present prospect for the! future, I think we may look forward to u good return this year on our rubber account. Our estimate for the current year is 1,000,000. No forward sales have been made. Our estates have con- tinued to be managed very ably and cur visiting agent reports everything in first- | rate order.

J

THE EKSOLUTIONS. ·»

There were no questions, and the fol- lowing resolutions were formally carried: That the report and accounts, as present ed, he passed-Proposed by the Chair man, seconded by Mr. Prentice.

Returns of the average amount of Bank Netes in circulation and of specio in reserve in Hongkong, during the month ended 31st March, 1925, as certified by the managers of the, respective banks, Bhow

Chartered Bank of

Apecie Average Amount Beserve.

India, Australia and China.... 11,12,160 Hongkong & Shang-

12

5,000,000*

hai Banking Corporation. 41,022,548 29,900,0007 Mercantile Bank of India, Ltd........

Total

1,216,610 560,0005

$53,361,527 835,450,000

-Sterling securities deposited with

the Crown Agents" valued "at £1,057,900.

-Securities with the Crown Agents and Straits Government 23,061,000 $-Becuritics with the Crown Agents.

-£130,000.

The following statement of the secur

That Mr. Prentice be re-elected a direc-ities lodged with the Crown Agents by for of the company Proposed by Mr. W. the Mercantile Bank of India, Limited,

C. Pirie, seconded by Mr. K. R. Martin. against their notes in cirealation, is pab

That Mr. Barendsen be re-elected a fished for general informatica. director of the company-Praposed by Mr. Pirie, seconded by Mr. E. Hayim.

Tant Mesora, Lot, Bingham & Mat thews be re-elected naditors for the en- suing year-Proposed by Mr. Hayin, seconded by Mr. Martia.

Latest

Security.

market

price.

54% Treasury Bonds

repayable at 100-

in 1920

101-1001

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

Masenznetsovers: J, WIX & SONS+LM · IN54 PICCADILLY-LONDÓN-W.1-ENG, Wholamala only: DONNELLY & WHYTE, Distributors toe Hongkong and Sonth

·I QUEEN'S BUILDINGS. Telephone: Central 436.

Kensitas

the preferred cigarette

THE CORONET

TO-DAY, at 230 p.m., 5 p.m. sharp, 7.15 p.m. and 9.30 p.m.

D. W. GRIFFITH

Presents

LILIAN & DOROTHY GISH

in

ORPHANS

OF

THE STORM

NO INCREASE IN PRICES

NOTE TIMES OF PERFORMANCE

DAILY from 12 to 2

-at-

THE CORONET

ID-DAY

MR

OVIES

-TO-DAY'S PROGRAMME

International News

Topical Badget

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Pathe British Gazette Pathe News

FELIX CARTOON

Admission 40 ets.

PERFUMERY

Manufactured by “RIGAUD, PARIS:

1000

EMERALHAMADO"

'MART HARDE”

** HORA GARIEBORAL ?

MLILAS RIGAUD”

Obtainable from

VICENTE ATIENZA & Co.,

No. 14, Haryan Ha, Korieem. Tai, X. 185.