1927-02-28 — Page 3

Page

ANCHOR BRAND PURE MANILA ROPE.

"THE CORDAGE YOU CAN "TRUST.” -

MARINE RUPE

www

TRANSMISSION

OF

POWER BOFE

CABLE LAID.

¡BAWBERS

WELL

DRILLING

CABLES

ESTABLISHED 1854

ROFES OF ALL SIZES FOR ALL PURPOSES

YNCHAUST

ROPE

FACTORY

MANILA

MADE FROM

PURE MANILA

HEMP

MANUFACTUR. ED BY THE MOST MODERN MACHINERY,

STOCKS ON HAND OF ALL SIZES ENQUIRIESFJOLICITED.

FACTORIES-MANILA. P.L

KING'S BUILDING, TELEPHONS: CENTRAL $165. [a.p.3.]

HONG KONG OFFICE:

THEATRE ROYAL.

FIFTH ANNUAL DANCING DISPLAY

By Miss Violat Capell and her Papils. Under the distinguished patronage of HIR EXCELLENT THE GOVERNOR SIR CECIL CLEMENTI, KOMG. Part of the Proceeds to be given to

THE LONDON HOSPITAL.

To be held on:-MONDAY, 29TH FEREBAT, at 5.15 r..

Advanced Tickets may be exchanged at ANDERSONS.

DRESS CIRCLE $3.00.

STALL $3.00. PTT STALLS And Pir 32.00 & $1,00. CHILDREN: HALF PRICE to MATINEES ONLY.

THEATRE

ROYAL.

[4358

April 1, 2, 4, 8, 9, at 9.30 p.m. Matinee: Wednesday, April 6th, at 4.30 p.m.

H.M.S. PINAFORE.

BOOK THESE DATES.

"We sail the ocean blue,

And our sancy ship's a beauty."

OMNES CAVEANT !

EVERYBODY

must have seen that there is a

MASKED

BALL

Next Friday, but

there are only four days more. There will be plenty of room at the City Hall, as the number of Tickets is strictly limited.

ASAHI BEER

· SPECIALLY; BREWED FOR EXPORT

DAI NIPPON BREWERY CO.

LIMITED.

TOKYO, JAPAN,

SOLE AGENTS:"

$4509

[4585

MITSUI BUSSAN KAISHA, LTD.

HONG KONG

THE HONG KONG DAILY PRESS, MONDAY, FEBRUARY 28th, 1927.

MONEY AVAILABLE. COMMERCIAL STUDENTS'

INCREASED DEPOSITS AT BANK OF EAST ASIA.

WAITING NORMAL TRADING CONDITIONS.

BANK'S ANNUAL MEETING.

ASSOCIATION.

CHAIRMAN EXPLAINS AIMS AND ACTIVITIES,

ANNUAL DINNER IN ST.

HALL

JOHN'S

The Past and Present Commer rial Students Association of Hong Kong University held their second annual dinner in St. John's Hall on Saturday evening. It was a very successful and enjoyable even- at its registered ofice, No. 10, Desing some fifty members and their

friends being there. Vaux Road Central.

The sighth ordinary yearly meet. ing of the Bank of East Asia, Ltd., was held at 3.30 p.m. on Saturday,

The toasts of "The King" and The Republic of China?! were proposed by the President, the Hon. Dr. Koterall, C.M.G.

The Gusata.

In submitting Our Guests" Mr.

The Hon. Sir Shon-san Chow pre- were present sided, and there Measts. Li Koon Chun, Chan Chins Shek, Fung Ping Shan, Wong Yun Tong, Ng Teang Luk, P. K. Kwok, Mok Ching Kong (Directors), Kaa Tong Po (Chief Manager), Li Tse. Pingin Wong, Chairman of the

Association, said:-- Fong (Manager), Chow Chi Nam, Ching Lin Fong, Li Tung, K. K Lee, Ng Koag Ann, Tam Cheong Tsun, Yau Sze Cheung, So Po Wad, Chow Tung Shang, Li Pak To, K. K. Wang, Tso Suk Eon, Wm.stomary honours to the grace. fal British Sovereignty and the Ngartse Thomas, Pun Hiu Cho, and

magnanimous Republic of China. many others:

You, my fellow members of the Ar sociation, are now invited to do honour to

different kind of

Chairman's Speech.

I now approach the toast which is special to the occasion that has brought together a meeting sc distinguished. You have paid the

J

royalty. I have your endorsement, to express our gladness to see our guests here to-night.

The CHAIRMAN said: The result of the year's working as you will notice is less than that of the previous year. "The reasons

The Association, as its name for this are twofold: The first is that for the greater part of the year designates, is composed of past and before the restoration of free" com-

present students of the commercial munication with Canton we had to department from which the mem- contend with rather abnormal coubers are drawn. This being only ditions in the Colony and the second of recent origin, the actual pum- is the unsettled situation in the in-ber of paaf students is still small, terior rendering the revival of trade while the undergraduate members a very slow process. The corse- have also decreased in numbers. quence is that we have to keep in Two reasons may be ascribed for this: (1) the general depression of hand a very large cash balance in business does not afford encourage case of unforeseen contingencies.ment for students to enroll in the In this connection, I refer you to commercial department; (2) the statement. of accounts. You will high standard aimed at by the de partment seems to have kept away notice therein the amount of total prospective studente. deposita has returned to what I would call that of normal tires- being an increase of over a million dollars in carparison with that of 1825. But under the item of loans and advances, there is a decrease of about one million dollars. You will see therefore that we have not been able to make advantageous employ ment of the increased funds entrust- ed with us by our depositors. How- ever, I hope with the return to normal conditions our Bank will doubtedly obtain its share in the general trade of the Colony.

As usual we have written off for depreciation the sum of $31,000 odd from the Bank Building account. The increase in this account of $100,000 over the 1925 figures repre-

sents money expended on our new

premises under construction in Shanghai. I may mention here in passing that the building is prae tically finished, and the interior decorations will be completed in a few months, just a little before the lease of our present office in Shanghai will expire.

In view of the conditions prevail ing in the Colony in September last, the Directors did not declare an interim dividend. The dividead we now propose to pay is & per cent. on the paid-up capital, and the amount carried forward to

this

year's account is about $100,000 more than the previous year.

With these few remarks, I beg to propose the adoption of the report and accounts, and that the amount standing at the credit of Profit and Loss Account be dealt with an fol

lows:

To pay $0 per share

on 50,000 shares $300,000.00 To pay bonus to Direc

tors, Holders

Founders' Shares

and Staff ................

23,867.21

A Living Force." Past members among us do not number many, but we do confident- ly bope that it will not be long be fore this Association will have developed sufficiently to be a living force in the welfare of this Colony

general and of the Alma Mater in particular. As it is, it is very gratifying to see so many past studenta participating in this func tion to-night.

TO-DAY ONLY

QUEEN'S

2,30 5,10 7.15 9.20

MILTON

SILLS

The Making of O'Malley

WORLD

TO-DAY ONLY

JOHN GILBERT

in"

WIFE OF

THE CENTAUR,

VICTORIA DIOCESAN

ASSOCIATION.

ANNUAL GENERAL MEETING NEXT WEEK.

NATIONAL

· PICTURES

STAR

TO-DAY ONLY

JACKIE COOGAN

HONG KONG STOCK EXCHANGE.

CLOSING QUOTATIONS.

in

LONG LIVE THE KING.

FEBRUARY 26TH, 1917. ******** 1,100 buy. Do., London...£12û nam. Chartered Bank..... Mercantile Bank, A&B...£32 nom.

DO

The annual meeting of the Vic-| B. K. Bank..... As to our activities, there is noth-

to report. ing outstanding

At toria Diocesan Association is to be present one of the chief functions held at the Helena May Institute, of the Association is the publication

& O. Bank

.....219 nom.

bay. $74 Bal .8660 buy, $0.80 6

145 BODL

East Asia Bank Canton Insuranca China Underwriters North China Las,

Insurance" za Ingarança ......k

........

of the Journal, the articles, for the at 5.30 p.m., on Monday, March 2nd number of which are already in 7th, and it is earnestly hoped that the hands of the printers. In con- members will do their utmost to nection with the Journal mention should be made of the untiring attend this meeting. efforts of our able graduate secre

The meeting will open with pray- tary Mr. T. M. Talati, who is shouldering the work of Editor ander, following which the balance China bay. Business Manager of the Journal, sheet for 1028 will be presented. In Hong Kong Fire In...... 615 bar. (Applause:)

One of our aims is forma link: between the University and the outer world; and consequently we are particularly pleased to welcome as our guests prominent members of this Colony,

We are very pleased to find Mr. Paul Lauder among us to night. We heartily congratulate him on taking up the post of Honorary Treasurer of our University in succession to the late Sir Paul Chater. He has already done a great deal for the University and the has also shown an interest welfare of the students, for which we are very grateful to him. (Ap- plause).

.

Steamboats.

connection with this, the Hon. Douglase Treasurer (Mr. A. H. Compton, c/o Messrs. David Sassoon & Co.) would be grateful if all outstanding subscriptions could be paid in as soon as possible. The annual sub. seription is 2, but it is suggested that members might find it more convenient to subscribe for two or three years in advance. The Life Membership Fee is 850.

The next business on the agenda will be the presentation of the New Constitution for adoption and then

a report of the year's work will be made.

Tribute to Sir Shou-son Chow.. The presence here this evening of

The Bishop of Victoria (the Right the Hon. Shou-son Chou is parti- cularly gratifying. Sif Shou-son Rev. C. R. Duppuy) will give an has been able to achieve and to address, and there will also be an maintain the loftly Kipling idea! of walking with kings' without address by the Rev. T. B. Woods.

"1 the losing common touch. The untiring zeal and energy which Sir Shou-son and our President, Dr.

Kotewall, have displayed in their loyalty. For all these years we have been under your away, "you have silent but sincere effort to bring endeared yourself to us all by your shout an amicable and lasting set-unfailing kindness and considera tlement of the present unfortunate tion, your constant cheerfulness and misunderstandings are well known

all of us here. Our earnest wish your sympathy. (Applause.)

is that their work may be crowned with success. (Applause.)

Last year we were disappointed To carry forward 298,789.84 to find that the Chairman of the Chinese Chammer of Commerce eculd not attend the dinner owing $622,850.05 to indisposition but we are very After this has been seconded, I pleased to find Mr. Li Yeu Teun has been able to accept our invita will endeavour to answer any question for this dinner. Mr. Li is one tion and any explanation you may of the oldest and most highly res pected residents of this Colony.

***Mex. $98 101

$31) Dom

$23 sol

1.10.1

....$10 buy.

„95%. nom. 1651 bay. $14 buy. -

„$34 nom. -

1100.

Hong

Do. (Def) Indo Chinas (ret.). Shell Transporta Star Ferries Waterboats.... China Bugars Malabon Bugars Beagaets........... "Kailan Mining Ad..

Langkata (combined)......Th. 24 nom. Do (single).Tim. 12 nom.

„Tis, 44 "nom. Shaz. Explorations Shanghai Loans „Tis. ?t nem. Baube ......... Tronch Mine Ural Caspians H.K&K. Wharfs HK. & W. Docks..

„28f. pom.

Al- bay.

8/. nom.

17

3106 r. di sel. $40

Ms. 150 nom.

bay.

Engleverings..

Tis, 101 bar. Shanghai Docks... RK&S. Hotel .......$7.90 sdl. E.K. Lands............356 pm. Hong Kong Realtys......$51 buy. H.K. Territoriais. Humpbalding o

Eststem ...123 bay,

Prince's

Bural Lands

ROM

TEKOEK

Na. 2 nom.

53) DOM.

d

Tis. nom.

bay.

$15 bay.

no Cottons Orientals ( Bhanghai Cottons (old)..

Do. China Buses HK TramwaĴA Peak Trams (old)

Do. (new).... Bingapore Tractions. Taxis......

„35 Tom.

Now, gentlemen, allow me to sasure our guests, in conclusion, that, it has been the great pleasure to us to offer them our hospitality Amasernonta „$181 bay, 191♬ na., and we owe them many thanks for Oanton Ices the compliment they have paid us Cements (combined)

........37 buy,, 71 sel. by their presence, indicating a pre Do. ference for our invitation rather Do. than the many others which they | Chins Lights (comb)......is nom.

Do (old)11 nom doubtless received simultaneously with our owa.

Do. (new)....$72 buy, Last but not least, I would be Constructions.

4) bay, 485 sel, China Providents

of the Chinese mercantile com- leave out the Hon. Dr. Kotewall Der & Wings No questions were naked, and the unity and a merchant whose in- though he is not actually our guest. H. K. Electrics.....67) buy, 67/67 m.

tegrity and business acumen are hasten to congratulate you, Dr. Macao adoption of the report and accounts well know to all of us. (Applause.) Kotewall, on behalf of the mem- FK Hopes (old).......10 sel

bers of the Association, on the "re- Do, (now)....36 sel was carried unanimously.

Loyalty to Vice-Chancellor.

cent honour bestowed upon you by Lane Crawford $8 nom, On the proposition of Mr. Crow

We have not forgotten you, His Majesty the King a couple of Macintosh......... Binder.tres Tura SHANG, seconded by Mr. Teo SUK HOR, Messrs. Percy Smith, our popular Vice-Chancellor, Mr. souths"ago, (applause.)

United Asbestos... Wakuu (old) aidin Beth & Fleming were re-elected a Hornell, and you, our friendly

Wm. Fewalls..... for the ensuing year.

desire. in respect of the accounts.

ed.

Mr. W. Ngartbe Thomas second: He is, one of the moving spirits failing in my duty if I were to Dairy Farms nom

Da

Electries

bay

35

35 nom

$19 nom, 191 sol, 8.80 BA. 1320 nom, ...$18 bay.

35) num..

Other tonsts were "The Asocia Dean, Prof. Byrne Both of you tion" proposed by Mr. W. W the Auditors for minsted, with the have earned not only popularity Hornell and replied to by the Telephones.......... 13.50 bay, Announcement by the CHAIRMAN among the past and present man Hon. Dr. Kotowall; and "The that dividend warrants would bebers of the University but also their Graduates," proposed by Sir Bhou-buy-buyers; sol-sollers; rendy to-day.

(Continued on next column). son Chow.

пол

EXCHANGE.

UPENING QUOTATIONS.

Or Lostor. -*

February 28th, 1927.

...3/03 Telegraphie Transfer

...2/03/16

Bank Bills, on demand Bank Bill, at 30 days'sight Bank Bill, at 4 months"

ht ***

13/01

Credits, month' "sight 2/15/18 Documentary Bille,

months' night

Ost Pat

***

Bank Bills, on demand Credits, 4 months' sight Ox New York.

Bank Bills, on demand

at 60 days' sight.. Oranier

Rank Bank Name Balla,

ON CALC

9/1 7/16

4.8)

on demand... 13

Transfor

Baaf Bills, on demand... 135 OF SHANTHAL

Bank Bills, at sight

Private, 30 days sight...) ON YOKOHAMA On demand... 100% OF MANILA-On demand ON SINGAPORE-On deman

demand... OS BATATZA-On demand ON HAIPHONG.-On demand Or BGC-On demand Ox BANGIO. On demand... SOTERMIGN, Bank's Baying rate $9,65 GoLD LEAT, 100 fine, per tal... BAR SILVIK, per az.

Don't allow throat tickle to develop

921"

26 9/16

HE moment you feel throat irritation, pop

TH

an Evans' Pastille into

your mouth. Evans Pastilles send a cleansing, soothing vapour into cavities never reached by: saliva-carried medicine, dispelling an oncoming

cold

The Pastilles effectively check.existing colds, and stimulate the whole of the respiratory system. They never scamp their work

Insist on Evans',

EVANS' Pastilles

ANTISEPTIC THROAT,

Your chemist solls them.

Prepared in England by

Eva Son Lescher & Wabb, Limited, Liverpool and London