1926-07-16 — Page 3

Page

THE UNITED ASBESTOS ORIENTAL AGENGI, LTD.

Tell-Central-236-

MARINE ROPE

TRANSMISSION

OF POWER ROPE

-CABLE LAID

HAWSERS

SOLE AGENTS FOR

PUDLO"

Maker Cement Waterproof

FEUSOL

The Immovable "ire Cement.

ISTI

FACTORY

Queen's Building

THE HONGKONG DAILY PRESS, FRIDAY, JULY 16гm 1925

CHINA PROVIDENT.

RESULT OF YEAR'S WI

AUDITORS REPORT.

The annual report to shareholders of the China. Provident, Loan & Mortgage Co., Ltd, for the year ended December 31st, 1995, issued by the General Man- agers, blessra Shewan, Tomos & Co., Ltd., states:-

The actual result of the rear's working shows a profit of $46,195.57, plus $900,000 trarialared back from Esservo, giving a credit balance of $946;195.57

After making the following adjustments, which are considered necessary pa, ma

Write on. Property ... 895,339.92 Write of Investment

Account

RUBBER MARKET:

LATEST, SINGAPORE QUOTATIONS,

-Messrs.– Carroll Broa., are in receipt of telegraphic advices from Singapore, that rubber is now quoted at 89 cents per lb. The following are the latest quotations:-

Allenbys...

Straits. $3.40 Alor Gajahe... Amalgamated Malays Ayer Moleks

Ayer Panas

Indragiris

Jarams...... Jimahs Kedaba

THE

EPIC OF THE - MAILI

PARAMOUNT PRESENTS

RICARDO CORTEZ,

BETTY COMPSON,

ERNEST TORRENCE,

WALLACE BEERY

THE PONY EXPRESS.

3.05

5.In

3.00

1410

Balgownies

6.25

Bassetts

1.40

Brogas

1.90

Bukit Katils.........

Bukit Jelotonga ............

1.95

1.30

Changkat Serdangs

10.00

Connemaras

2.90

Glenealies

$3.00

10.30

#144,031,50.

1.95

"Transfer to Bamria for Bad and Doubtful Loans Transfer to Reserve for Bad sed Doubtful Debts Transfer to General Re-

2.85

4.90

1,123,850.49.

Kompas.

Kuala Sidims.

10.40 4.00

£8,106.93

Luna.......

4.50

Malaka Pindas ...

3.25

Malakoffs

3.00

101,738.83.

$2,841,916.66

Mandai Tekongs

0.05

Mayfields

16.00

Mentakaba

0.67

TO-DAY and

New-Serendahs

14.00

Punggors

1.45

Sandycrofts

4.00

Soudais

3.45

Sungei Bagans

4.63

Tapahs

38,00

Tambalaks

1.50

Telak Ansons

15.30

United Malaccas

Utan Simpans.

3.95 5.10

serve

BRITISH WIRELESS SERVICE.]

RUGBY, July 14th.

"188"

202

TO-MORROW

THE QUEEN'S.

A Delightful Irish Comedy!

COLLEEN MOORE

COME ON OVER

ANCHOR BRAND PURE MANILA ROPE.

THE CORDAGE YOU CAN TRUST."

WELL DRILLING

CABLES

ESTABLISHED 1854

ROPE

MANILA

RUPES OF ALL SIZES TOE ALE PURPOSES

MADE FROM PURE MANILA HEMP

MANUFACTURED

BY THE MOST MODERN MACHINERY.

STOCKS ON HAND OF ALL SIZES ENQUIRIES SOLICITED

FACTORIES:-MANILA, PI

HONGKONG OFFICE:

TELEPHONE

SHIPBUILDERS.

SHIP REPAIRERS,

BOILER MAKERS. FORGE MASTERS, OXY-ACETYLENE AND

ELECTRIC WELDERS.

MECHANICAL AND

ELECTRICAL

ENGINEERS.

KING'S BUILDING.

ÜRSTBAL

3165,

A.P.B.

-- OF HONGKONG, LIMITED. THE TAIKOO DOCKYARD & ENGINEERING COMPANY

DRY DOCKS

Length 787 Fest. Length on Blocks 750 Feet,

Depth on Centre of

SIII (H.W.0.S.T.) 84 ft. 6 ins. -THREE SLIPWAYS.—

Capable of Eandling Ships Up

8,000 Tons Displacement

Electric Crane at Sea Wall, Capable of Lifting 100 Tons at 70 Feet Rading

BUTTERFIELD & SWIRE, Agents, HONGKONG, CHINA & JAPAN.

TEL, ADDRESS: "TAIKOODOCK, HONGKONG." TELEPHONE No. 212.

CALL FLAG"C" OTES "ANS. PENNANT,”

ASAHI BEER

BREWED POR-EXPORT

DAI NIPPON BREWERY CO.

LIMITED.

TOKYO JAPAN

BOLE AGENTS-

MITSUI BUSSAN KAISHA LTD

HONGKONG

[61

E

the result is a debit balance of 89,103,790.09, "less $152.39 brought forward from last year, leaving a neft deficit of $9,086,864.80..

Consulting Committee.-Messrs. J. H Taggart and T. de Meester retired on leaving the Colony, and Mr. W. J Hawker was invited to join the Committee in place of Mr. J. H. Taggart.

In accordance with the Articles of Association the Very Reverend Father L Robert, Messrs.-H.-P. White, TG Weally Lee Hysan and W. J. Hawker retire, and are eligible for re-election.

Auditors.The accounts have been audited by Messrs. Linstead & Davis and Messra Percy Smith, Seth & Fleming who are eligible for re-election.

Notice has been lodged with the Com pany, by certain shareholders, that it is their intention to propose the election of Messrs. Lowe, Bingham & Matthews as auditore for the current year.

AUDITORS REPORT.

..

The report of the auditors-Messrs. Linstead & Davis and Messrs. Percy Smith, Seth & Fleming-states:

We beg to report to the shareholders that we have audited the foregoing bal ance sheet with the books, documents and vouchers of the Company.

We have obtained all the information and explanations, we have required.

We have not seen receipts for certain loans made by the Company, which loans We understand are at présent being in- vestigated.

:

We have not seen satisfactory, vouchers in respect of the sum of $112,946, under the beading-of-Lighterage No 2.Account, being cash payments described as work-

expenses, made during the strike. It appears to us that oping to the late allotment of certain shares, the dividend for the year 1924 was incorrectly paid involving a small loss to the Company.. Subject to the above remarks, in our opinion, the foregoing balance sheet properly drawn up as to exhibi ta trua and correct view of the state of the Com- pany's affairs according to the best of our information and explanations given to us, as shown by the books of the pany.

...Pajams

* EXCHANGE RATES.

Paris Brussels Amsterdam Berlin Copenhagen Viean Helsingfors Lisebon Buenos Aires Shanghai Yokohama

New York Geneva'

• Milan Stockholm Oslo Prague Madrid

Rio

Bombay Hongkong Silver-(spot)

Bilver (forward)

12.101

90,49

18.34

34.40

1831

2.17/39

45.17/39

2/11 1/11.3/16

4.86.13/16

23.101

1414

18.14

2.13

1641

30.59

1/5.50/84 -2/30

30 30.3/18

HONGKONG STOCK - EXCHANGE, CLOSING QUOTATIONS,

Engkong Bank

Do., London.... Chartered Bank. Mercantile Bank, A.B... Com Mon

The 29th annual ordinary meeting of P. & O. Bank, shareholders of the Company "is to be East Asia Bank held at the offices of the Company, St. Canton Insurance George's Building, Chater Road, next Thursday at 11.30am.]"

THE SALT GABELLE.

A LETTER TO "THE THUNDERER."

The following letter-recently appeared in The Times — «-*

Bengustssonodreigtsei Kalsa Mining Ad................ Langkata (cominned),

(angle) Shanghai Explorations. Bhanghai Loans...... Banha.......

JULY 15TH, 1996. ......$1,120 buy. & sai

131 not 2201 buy. Lesot nom.

2134 nom.

пока

bay now $640 sel $1.30 nom,

324. nom.

$67 buy. 67/67) za.

$15 nom, ...$241 bay.“

...Th. 23 x div, bay....... Tis. 12) x. dir, nom.

Mix of nom.

.7

Tis. 7 nom. 441-bay.

.60/- bay. 8. Dom

dish bay 128

$54) bay. Tis. 170 buy. The 5t buy.. „Tis. 113 bag.

$11 bay.

Olins Underwriters ............. North China Insurance ..............Ms. 145 nona. Union Insurance

$288 buy. Yangtaza Insurance .................................$87) bay. 3200 buy. Chins Fire Insurancë rastie Hongkong Fire insurance. 339 buy.

$20 bay. Douglasen B.K., U. & M. Steamboats 320 bug, Hongkong Tugs................... Indo-Chinas (Frek).............29 buy.

Da (Da)," SIBIn your City Notes of to-day & Shell Transporte

..91/- nom " isane you refer to the precarious positiontar Ferries.... of the Salt Gabelle in China and quote Water boats. the net collection figure for 1925- as China Bugars $73,634,000 In my letter to you of May | Malabon Sagars - 28th last, I quoted identic figures, and stated that $33,030,000 of this amount, re- presented retentions by various provia cial authorities. It may interest you to know that of the remaining 240,804,000 E sum of 87,694,000 was paid on account of foreign obligations secured on the salt revenue, leaving a balance of nearly Trough Mines, recer 833,000,000, which was handed over by Ural Caspians the Salt Gabelle to the Minister of Fin- HK & K Wharts.. ance for the general purposes of the HK. W. Dock......

Horgkews Chinese Government during 1925

An attempt to usarp, the functions of Shenghat Docks

New Engineering............ the Salt Gabelle was made by the K&B Hotels*** Military Governor of Shantung, Chang

Hongkong Lands mesta. 554 buy, 66 m. Teung Chang, early in October, 1925, on

*Hongkong Realtys..... $5.90 buy. similar lines to the illegal action now H. Territorials. ......45 Zox being carried out at Tientsin by the preK. Developmants..... .....15 cts: sel sent Governor of Chibli, who is, if I am Humphrey's Eatates.

..$141 bay. not mistaken, ominee of General Prince's Building ......

$90 sol Chang Tsung Chang, Protests from the Husslands a

$1) bay. Chinese Government and the Legations | Bro Cottons ............

Ils, 9 bay, interested were ignored, and recognized Orientals

TL 2.70 Bel that if success attended the Military Whanghai Cottons (old) Governor's illegal act, the infection would spread to his neighbours at Nan king and Tientsin and result in very grave danger not only to the interests of

Do. (now}... the foreign bondholders but also to the crédit abroad of the Chinese Government Singapore Tractsons I was most reluctantly compelled, there Theil ze fore, to take the extreme step of in Amusements...

Castor ires forming the Chinese Government that I would certainly resign my post of Asso ciate Foreign Inspector of the Selt Gabelle, as a protest against this flagrant breach of the Reorganization Loan agree- ment; at the same time-1 communicated my resolution; to the British Charge, China Providenta d'Affaires. The day previous to the date omstrictions fixed by me for rengnation, which was Jaay Varmein a low days before the opening of the Ter & Wing are Tariff Conference at Peking the Military: Hongkong klectrics Governor of Shantung gave way; 31:06, Macao Electric lieve on necount of pressure brought to HK. Ropes (combin bear upon him from the direction of 1 Da

China Buses....... Hongkong Tramways Peak Trams (old)

Ta, 61 buy. „Tie 26, buy.

$25,15 bay $164 buy

$7,60 nom". 10/8 buy, 12/sol

«$11, nom,

...814.nom.

31% now 1,3% nom”.

Cement (combined)......

(old). Chine Lights (combined)......$21- nom.

Do (olá)

Speaking from my own experience and Lane Crawford knowledge, I have full confidence that the Mackint present acting Associate Foreign In Sinceres ... spector is doing all in his power to safe United Asbestos guard the interests of the foreign bond- Watsons (old).

Wm. Koweliz holders-Yours faithfully,

BEST WILTON,

baybayara Travellers' Club, June 10th

$154 nom..

13.05 buy."

buy.

TO-DAY & TO-MORROW

THE STAR

CHARLIE CHAPLIN

THE GOLD RUSH

SPECIAL MUSICAL PRESENTATION.

THE

WORLD.

PORTABLE GRAMOPHONES

You shall have Music wherever you ga

It is here, there and everywher

Models in sto

**DECCA »

“GRIPPA"

PETER PAN"

SINCERE

"PAL PORTABLE

"DELCELTO

The folllest and most dependable companions for the plente party.

musical taste and be a pride and a delight to you CALL AND SELECT YOUR FAVOURITE - FROM

It will also satisfy

THE SINCERE CO., LTD.

WITHOUT PURE BLOOD HEALTH IS IMPOSSIBLE.

BLOOD

VETARZO

MEDICINE

Never before was there anything like it, nor are the marvellous propertia be equalled in dioses arising from impure blood. It searcher out and expels from the vital currentjevery lurking trace of poisonous matter, puring blood and skin diseasON,“ acrofalous and glandular swellings, bad legs, soepers, ulcers, eczania," gont, zhenma- Hem goitre ur Derbyshire Neck, eta. It improves the general health and quickly removes long-standing bronchitis, sathing with fucking, straining, spramodio cough,

too often the preedrier af e

af consumption. Bu

LIFE WITHOUT HEALTH IS LIVING DEATH.

VETARZO BRAIN AND NERVE FOOD.

For Bergans Breabalawai de Choronto Weakness, VETARZO REGULATORS, Sale and Reliable.

English Price 3. (either remedy) The VETARZO REMEDIES 00,

N.W,5, London, Eng Unprincipled Desieri may try to tell you something else for bra profit do not soopt Ha Lasist on heving VETARZO. The gezdise and words VELARZO BEMEDIES" OF Government Stamp Sold by LzLung Odia Cazx

TROUBLES

EXOLISH ZRICH, 3/6, ALL PHARMACIES

OR BIRBOT,OESELARE,

10,

QUI

VANDTON,

ANTWINT

FERSPIRATION, SAD ODOURS, AND ALL « POUT

PODOSARYKILOUR: BALM, P. 2

TENDER ARD. BONN-FEET