1929-02-06 — Page 2

Page

IN

DCL

Distiller's Compor

111

"D. C. L."

MALT EXTRACT

WITH

COD LIVER OIL Is made from the finest selected Barley and malted with the greatest care on the Company's own pre-. mises by the most scientific methods of manufacture.j THE DISTILLERS COMPANY, LTD.

EDINBURGH.

PRICE: Per 1 lb. Jar...$1.00 Per 2 lb. Jar...$1.80

SOLE AGENTS:-

GANDE, PRICE & CO., LTD.,

ST. GEORGE'S BUILDING. 2. ICE HOUSE STREET.

Tel. Central No 185.

Hong Kong.

WOMAN CURED AFTER 25 YEARS' SUFFERING BY POO ON CHINESE HERBS. FIVE IN ONE FAMILY RESTORED TO HEALTH.

My boy Edward, aged 17, was Mrs. F. Meinhart, who resided at 15, H.

Street. Modesto Cal.,; troubled with a pain in his side U.S.A., says For 25 long years which caused collapse when he did I suffered with severe pains in my hard work. We had to see that he left side that at times confined me was exempted from High School to bed for days. I was unable to exercises because the pain caused do my work or move about. Along him to drop out. The doctor said with these came dropsy and stomach that he had appendicitis and that. trouble. I was unable to eat very it would be necessary to operate if much without causing gas, pain he expected to be well again. We and distress. Words cannot express decided to try Poo On Chinese. ny suffering during these years. Herbs and after a few treatments My husband spent thousands of the boy became well and is now dollars seeking relief for me. I able to do all kinds of hard work have been, to scores of doctors, without any more pain. many of whom were rated as Another of my boys, Fred, aged specialists of high standing, but 21, had suffered many years with none was able to tell me what was catarrh and became worse as time. the trouble and relieve me. Almost went on. He tried many treat every time I went to a doctor Iments and remedies without result was advised have my side operat-bur we can say that after taking ed upon or a change of climate for some Poo On Chinese Herba he was my dropsy and stomach trouble, completely cured and has never Fortunately I was not operated been troubled since. upon but my family and I have spent years seeking a climate or medicine that would help me. We left our home at Kansas and travelled to Alabama, Oregon, and California and there consulted many specialists of these States, but without avail. I have never gotten any better during these years of travelling and doctoring.

panacen

My daughter Blanch, a few years ago, fell and hurt her side very severely and since that time she was troubled with pain in her side and was unable to find anyone or anything that would help her. The poor girl suffered so much that she had to quit work. A few treat ments with the Poo On Chinese Herbs and the girl has beer feeling normal ever since.

My whole family cannot ex press in words 18 gratitude towards Poo On Chinese Herbs, They have brought health and happiness into our home and have atopped the seemingly endless doctors' bills. We all heartily re commend Poo On Chinese Herbs and have sens many friends to the Herbalist and in every case they have been benefited by Poo On Chinese Herbs.

but became worse and more dia couraged everything failed. Thinking a dry climate would help. we decided to try San Joaquin Valley and came to Modesto to re- side. It was here after a time that I heard of the great benefit of the Poo On Chiness Herbs and the great cures atcredited to them. At rst I was sceptical and doubtful and thought that they were another But I decided to go; thinking in my distress, that there

At the (During this interview regarding was a possible chance left. time I went I weighed 125 pounds this story taken by a special repre and to-day I weigh 175 pounds. Isentative of the newspaper, Mr. F. must say that the result of taking Meinhart, Sr., was present and Poo On Chinese Herbs must have said: "We are glad to tell anyone been miraculous to me. After tak what Poo On Chinese Herbs have ing the Herbs I was first entirely done for my family.")

stomach cured of dropsy and trouble and, after more treatment, the pair in my side left and has never returned. I have never felt better all my life than I do to-day and I own nothing but thanks and Herbs and Tee Foo Lun, the Her balist,

THE HONG KONG DAILY PRESS, WEDNESDAY, FEBRUARY 6th, 1929.

Money

and Markets

H.K. LAND INVEST- MENT & AGENCY CO., LTD.

PLANS FOR H.K. HOTEL BURNT OUT SITE,

SHOPS AND OFFICES.

HONG KONG TELEPHONE COMPANY,

PROPOSED DIVIDEND.

Subject to the confirmation of shareholders at the fourth annual general meeting to be held on Fri day, February 2nd, the directors of the Hong Kong Telephone Com pany," Limited, recommend the

serve

At the 40th annual general meet-lowing appropriations:- ing of the Hong Kong Land Invest-Final Dividend of `per..

cent, making a total of ment and Agency Co., Ltd., held

8 per

cent. for the Jardine, year yesterday morning in

Transfer to General Re- Matheson's board room, interesting details were given with regard to the plans for building on the burnt out Hong Kong Hotel site, which was acquired by the company last year. A seven-storey building is to be put up with an arcade of shops in the ground floor and offices Abore.

The

CHAIRMAN'S SPEECH.

Chairman addressing the meeting, said that the amount.avail able for appropriation, including $933,919.43 brought forward from the previous year, was $1.523,078.45 this after payment for the interim dividend in August last of $2 per "Your share, absorbing $180,000. Directors," he continued "recom. mend a final dividend of $2 per share absorbing $480,000, a bonus to staff of $5,000 and to place to general contingency account, the sum of $50,000, leaving $985,978,13 to be carried forward, and I trust shareholders will approve these Lappropriations.

As regards the accounts in general there is not a great deal to call for comment beyond the mortgage and property accounts...

"You will notice that the con- tingent liability of 850,000 mention ed at the bottom of the 1927 balance sheet has disappeared. The ques tion calling for this has been settled in Court and there is, therefore, no need to continue the provision any longer,

Profit And Loss 'Account, Turning to the profit and loss account there is an item of $5,000, subscription to the Chater Memoria! Scholarship Fund I feel sure that all shareholders will approve of this donation as a recognition on their part of the success of this Company so largely due to the guidance and taresight of the late Sir Paul Chater.

Fire Insurance shows an in- crease of 80,403.04. This is chiefly due to the new properties we have acquired during the last fifteen months.

observe the sum invested in pro

Bonus to Stall ..................... Stores Ob- Transfer to

solescence Reserve. Carry forward to next

account

Total

RUBBER.

MARKET IN HEALTHEIR

·STATE.

Masara Pontreath Co. have handed us the following letter from Meurs Hornby, Hemelryk & Co., Liverpool, of January 10th.

12

Tovardi "the end of last week, there was some enquiry for Spot from manufacturers. Since then, the demand has been maintained, and prices show a satisfactory im- provement since our last report... English and Continental riazu- facturers afc providing the chief fol-support, America remaining rather quiet, which, perhaps, is natural in view of the very heavy shipments now afloat for New York.

$76,904,00

50,000.00

HONG KONG STOCK

EXCHANGE..

CLOSING QUOTATIONS.

FEBRUARY LEx, 1929. K. Bank..........$1,340 bay, 1.35. sal."

DOM

London... £145) nom. Chartered Banks buy. Marcantile Banks, A. JB., £St] com,

Doy

G..2164 nom.

Hom. P.&O. Banks.................... Est Aria Banks

......396.bay. Cantan InsuranOOR 1695 buy.

1370 Union Invaraisors ***; *** Marta China La. North Yangtaea Insurance....... China Underwriters...11.20 buy. China Fire Insurances....1280 day. Hong Kong Fire In.... 378

$763 nom.. Douglass

buy. H.K. Steamboats, $27.10 bay, 27. H.K.

...$1.40 nom. Taga APROTUND.. Indo-Chinas (Pref.) ......$50 bas,

Do

(Def.)

Bom..

நகள்

PATAL

M. $30 nom.

2,40 sol.

Shall Transporta.........97/8 nom.

Do. Union Waterbosts........

bom. Benguotatio

$2,40 bay. Kailan Mining Admin 6/73.nom. Langkats (combined)... T. 1.60.bay. fo. (ringle)....... The 5 sum.

0.93 bar. S'hat, Explorations 3.10 bay. Babe Shanghai Lowas

..35,80

5,80 buy., & Tranch Mines

.17/6 nota H.K. &E. Whab.........8181 nom. HRW.Docks, Chins Providents $5.45 bay, 5.15 sal.

Tia, 104 sol

31 Dou Tis, 106 bay:

12.50.el. Tis

1.0

Engineerings Shanghai Dook Ewo Cottona...... Oriental Cottons. Tix. 2 102, sha. Cottons (old).....The 66 am.

The 'shipments from the East for the month of December are official 9,725.67 ly giver as 66,783 tons, out of which 8,104 tons were shipped to this 25,000.00

country. These figures were more or less as expected, and did not 29,388.78

affect the market. .$191,016.43

There is divergence of opinion as to the probable consumption in America this year.

Que authority A Seven-Storey Building. "Completion of the final plan was predicts a demand for at least 77 also recently slightly delayed by million American, tyres against an an attractive offer from another actual consumption of 71 millions

(unw). T. 33 nom. party for co-operation with us in the in 1925, to that on the basis of development of the site-which up-lbs. per tyre, this means an in- HE.&. Hotos...$3.20 bay. 9.30 sel.

$65 bar. Ti 165 bay. to the moment has had no definite grease in consumption of 20,000 tons Shanghai Lande

of rubber, apart from the rubber Humphreys state...15 buy results.

EK. Realti

$8.60 bay. required for the additional inner

H.K. Tramway...... $20) Į 30.60 $5.

buy. tubes. Another authority says it Par Truma (old) ...................413 pol.

Bo. (new).........38.30 nom. Star Ferring

***3714 ul. becomes more evident that at least some of last year's American con-bin Lights........................

$12 ......159 buy. Do (new)... ..$5%; buy. .. Elestris (ald) Maceo Electrics Sandakan Lighta' Telephones

Do. (A&T)... China Buses

!! In the meantime we have upon further consideration lately thought fit to purchase from the Hotel Com- pany a small additional area of some 4,221 square feet at 810 per square foot at the back of Marine Lot No. 7 in order to properly round off our property, and this also has the effect of reducing the average cost of the site to under $33 per foot.

Our

plans for a seven-storied building are now nearing completion and we' hope to make a start on the founda. tions very shortly,

Shops And Offices.

sumption really belongs to the cur- rent year, so that, at present, it looks doubtful whether American consumption this year will vary much from the 1928 total: however, all indications point to a steady and the rest of the World. increase in consumption in Europe

Generally speaking, the market

seems to be in a much healthier condition than for some time past, and given satisfactory consump- "The ground door will be utilisedtion figures, prices should make for for up-to-date shops and these we will endeavour to let to the best of course, inevitable from time to steady improvement. Reactions art, advantage and with due discretion, time, but, in our opinion, advin having regard to various and di ferent lines of business and trades. tage should be taken of weak mar- The shops will be divided from one

kets to make purchases, as it is becoming more and more patent to

another by arcades which, with the

conveniences and centralisation in- dicated above, will enable the public to move from one shop to another without having to go out into the streets in various localities of the Colony in all kinds of weather.

Over the shops it is proposed to have a Mezzanine floor available to

the tenants below and beneath there

д

will be roomy basement for storage of goods, etc. The remain- der of the building will be adapted as offices in large and small suites very suitable for professional men and domestic quarters or Bats, ac- cording to the demand. Detailed plans for such a building call for the utmost consideration and care which involves much time, but I hope by this time next year we shall be within measurable distance of earning a return on our money.

Cort Of Building. -"Begarding the cost of the out- it right that future shareholders should reap the full benefit at the expenses of the present ones, and all interest on money spent on de- velopment will be added to the first interest account correspondingly cost of the property and our current credited.

gratitude towards Poo On Chinese vousness, insomnia, obesity, kidney perty at the close of the year under lay, your Directors do not consider

review exceeds that of the previous year by some 23 million dollars.

"Of this sum over one million re

Mortgage And Property. It has been the Company's policy for some years to dispose to its outlying properties and as op portunity offered to concentrate in Thousands suffering from catarrh, the more central districts of the trouble, Colony which you will appreciate bronchial and throat nsthma, hay fever, malaria, stomach includes the banking area, and in trouble, indigention, constipation, pursuance of this policy you will gastritis, piles, fatula, heart and skin disease, eczema, scrofula, aer- and bladder trouble, diabetes rhou- matism, neuralgia, dropsy, pyorr- fits, paralysis, epileptic After years of suffering and after hea, the enormous expense of travelling tumours, ulcers, pimples, family and the endless doctors' bills, there trouble, dizziness, headaches, and is nothing that I can do but speak many other chronic diseases, have good for the Poo On Chinese Herbs been restored to health and happi- and heartily recommend them. new, without poisonous drugs, or Four other members of my family the knife by the Poo On Chinese have also been cured by the Poo On Herba. -Chinese Herbs, which, causes me to endorse them more strongly. My husband was aufering from a sore

Hong Kong Hotel Bite. on his lip that was painful and

"The balance consists of the The adoption of the report and troublesome, and as he was a beavy smoker we believed that it was Kong Office: 68, Queen's Road

burnt out site mentioned above to accounts having been proposed by Be Central, Office Hours daily: 9am. which I will teler again, rebuilding the chairman and seconded by Mr. turning to sucking cancer. consulted the herbalist and was to 19.30 p.m., 2 p.is to 5 pm two blocks of tenement houses in A. S. Gubbay, the confirmation of given some remedies and he was Evening Hours: 6.30 pm to 8 entirely cured and the sore has p.. by special appointment only, the Wanchai district, the Peak the appointment of Mr. H. H. H. Garage and structural improvements Priestley as a director was proposed European Lady in Attendance.

and alterations to several of our

by Mr. D. V. Steavenson and Office properties to bring them up.

seconded by Mr. B. Wong Tape, and to date.

Mr. P. S. Cassidy proposed and Mr.

gone."

THE POO ON HERBS CO? YEE FOO LUN, Chinese Herbalist, Managing Directors, Main Office: Hong Cali, U.S.A. Modesto,

LOOKING FOR BUSINESS?

Then you

need a Directory.

And a Good Ope

Better order the 1929 Edition of the Directory of the Far East, now in preparation...

HONGKONG' DAILY PRESS OFFICE, 11 Ice House Street.

presents properties previously mort gaged to us and now acquired on our own account. I refer to (1) Powell's Building; and (2) the black of buildings adjoining the burnt out portion of the Hong Kong Hotel site. This largely explains the re duced figure in the balance sheet Da account of "amount advanced 'on mortgage."

"I do not think that there are any other matters calling for com ment and I now beg to propose the adoption of the report and accounts as presented."

OTHER BUSINESS.

us that higher levels. will be seen later.

Do

Landa

baj.

BOH

$8.90 bay.

16.20 buy Mu ul, buy, Singapo Tractions..

......11j6 (Prof.)...37/6 bay, 18/3 sel. Chins Sugars...$1.10 boy. Malabon Sugars 127

bcy. Canton les 000 Cements (combined)....

под

Do. (old) $7.80 xom H.K. Bopes (old)

(new)...i bay.

United Asbestos 35 nom.

(new).$7.10 nom.

$13; buy

Do

Dairy Farms,.821.40 buy, 212 sel. & sa. Der & Winge Watsoni Las

Crawfords. Mackintoshs.

80 ots, buy.

3.08 nom. $20 TOM

53.65 nem.

Wm Powel.....310) bay. Ε.Κ. Amusements.....126) zo..

K. Constructions...) 10.

H'que, Indus, G.$Bonds.....60% nom, HK. Gort Loans .......................5% prem, bay,

now,--nominai. „

Stocks: London, increase of 2,096 | buy-buyers; sel-sellers; «a.—sales;

Liverpool, increase of 99 Increases are, of course, ex: pected for some time to come..

tons.

tous.

EXCHANGE RATES.

(BRITISH WIRELESS SERVICE]

Paris New York Brussels Geneva

Ruczy, Feb. 4th.

124.10

4.84 27/39 34.60

25.21

Amsterdam Milan

12.10.

922.65

20.43

18.14

18.18

18.19

34,505

1832

1922

31.505

109 11/18

375

606

5 01/64

47

1/8

2/82 27-

Berlia Stockholm Copenhagen Celo Vienna Prague Helsingfors Madrid..... Lisbon Athens Bucharest Río Buenos Aires

Bombay Shanghai Hong Kong Yokohama Silver (spot) Silver (forward)

1/10 7/16 20 3/10 20 3/18

Have a glass of

BEER

ASAHI

With regard to the burnt out K. Stewart Smith seconded the re-t chcers & invigorates site, I would mention that during election to the board of directors of the early part of the year we were Mr. H, FL. H. Priestley and Mr. H approached to obtain our views in P. White, and Messra. Percy Smith, connection with the rebuilding or Seth & Fleming and Messrs Lin development of this property in con- steed & Davis were re-elected junction with or in co-operation with nuditors on the proposal of Mr. H. the Hotel Company, but subsequent R. Sturt seconded by. Mr. F..A. ly the opportunity occurred for us to acquire the site unconditionally and independently of other interest- ed parties.

This we eventually decided to do towards the end of the month of May.

Coopcell.

Those Present. Supporting the Chairman (Mr... B. D. F. Baith) were: Messrs, A, H. Compton, H. H. H. Priestley, H. P. White, J. E. Joseph, Sir Robert Ho Tung and Mr. L. 8. "To enable us to overcome cer- Greenhill (secretary), shareholders tain difficulties sad to obtain first present were: Messrs. J. M. Alves, hand information and approval from 3. P. Braga, P. S. Cassidy. FA our proposed Crapnell, TW. Hing, A. C. experts in scheme of development, the Hotel Kennedy, B. C. Randall, C. 8. Company very considerately agreed Remedios, O. F. Ribeiro, H. A. to our suggestion that final payment Badgers, B. L Seton-Winton, D..V. for the purchase should be mado Braverson, K. Stewart Smith, alter an interval of six months. R. Sturt, B. W. Tape, and

(Continued on next Column.) Van Eps.

hame

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PRESENT

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PHILANDERER

By BERNARD SHAW.

Booking Now Open at Houtrie's and Theatre.

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