1929-03-01 — Page 9

THE HONG KONG DAILY PRESS, FRIDAY, MARCH 1st, 1929.

YOUNG EAGER EYES?

Do they suffer from eye-strain ! Perhaps the glare from the lamp hurts them

Try changing your lamps

The inside frosting "yiroj ■ more even distribution of light; there is all the trilliance of the clear lamp but none of its harmful glare which

the cause

*30-strain.

4

*

And Fit

MAZDA

LAMPS

of so mach The Edison Mazda

mside frosted Lamps

Sole Agents"

ASAHI BEER

Money and Markets

DAIRY FARM CO.'S EXPANSION.

EXCEPTIONALLY GOOD YEAR.

coupled with careful and selective

breeding. As a further step in this direction a shipment of Jerseys and Guernseys was imported last Spring

HONG KONG & KOWLOON WHARF & GODOWN CO., LTD.

-WORKING PROFIT FOR 1928 $1,000,000,

In their report which will to presented to shareholders of the Hong Kong Kowloon Wharf & 71 1,000-Gallon Cows.

Godown Co., Ltd., at the forty- Our policy of weeding out un-second ordinary annual meeting economical cattle combined with which will be held at the oßßee of SHAREHOLDER'S TRIBUTE TO scientific methods of feeding has Messrs. Jardine, Matheson & Co.,

· DIRECTORS.

Ltd., on Thursday, March 7th, st neon, the Directors state that for the year ended December 31st, 1929, the proft on working was $1,004,988 $ #S compared with $1,083,499,83 in 1997.

Mr. T G. Wenli, Chairman of the Directors of the Dairy Farm Ice Cold Storage Co., Ltd., pre- sided, at noen to-day, at the Co.'s 33rd ordinary yearly meeting of shareholders in the Company's Town Office, Lower Albert-road. Supporting Mr. Weall were the following directors Hon. Mr. J. Owen Hughes, Mr. A. B. Stewart, and Dr. W. V. M. Koch with Mr. M. Manuk (Secretary).

were

The shareholders present Messrs. W. S. Bailey. C. Makebam, C. G. Alabaster, K.C.. O.B.E. A Braun, O. Kitchell, H. W. Page, W. Macfarlane, Ho Tung Shun, Wong Chung Ho, E. Abraham, P. Tester, Chan Nai Pan, B. W. Bradbury, C. Pryce and Yung Yueng Shi.

THE CHAIRMAN'S" SPEECH.

resulted in increasing the average Field of milk per cow per sanu since 1922 by no less than 4 per cent. 71 cows last season produc ed over 1,000 gallons each and the majority of these were horn and bred in the farm. This figure com- pares, very favourably with yields recorded in countries with more suitable climates and more normal

The Chairman said: Your Directors are pleased to submit a DRINK MORE satisfactory statement of the year's working, and I may mention that this constitutes a record for the Company with the exception of the year 1927, which was abnormal owing to the presence of the large number of troops and transports.

Our business continues to show healthy expansion in all its branches and no effort is spared to serve the Colony and our large number of customers, with dairy and other produce of the highest quality at reasonable prices.

Turning to the Accounts the net working profit for the year amounts to $339,379.54. After pro- viding the sum of 8109,633.65 for depreciation of buildings, plant and machinery: 810,000 for bad and doubtful debts: 851,100 for further writing down Investments,

IT IS

Refreshing

and

conditions.

Last year, we extended an in- vitation to our customers to visit and inspect the Farm and Dairy at Pokfulam and although this was availed of the opportunity, we fully appreciated by "those who should like to see more visitors taking an interest in an enterprise of this nature, which is of vital importance to the health of the Colony.

Main Depot Extension. During the year, we have com- pleted a very useful extension, to our main Depot, which affords us much wanted additional accommo- dation, and enables us to serve our customers with milk and dairy pro duce quite apart from the Butchery Department, and also conduct ice sales thus obviating the necessity of going to the Ice Department in Pottinger-street.

Plans are now

being considered for rebuilding the old central portion of the Main Depot to cater for our increasing trade.

The balance for the year, after

transferring 88,19.95 to dredging account, deducting directors and auditors' fees, allowing for depre- ciation, and other outgoings, is #045,094.55.

The amount brought forward from last year is $350,039.24 making a total of $1,000, 033, 79. available for appropriation.

following:-

The Directors recommend the

To pay a dividend of

$6 per share ........ $480,000.00 To pay a bonus of $2

per share

To carry forward

160,000.00 260,083.79

$1,000,063.79

During the rear Mr. T. B. Wilson and Mr. J. E. Joseph were invited to join the Board. Mr. A. S. Gub: bay resigned on leaving the Colony, and Mr. H. H. H. Priestley filled the vacancy. Mr. Priestley subse. quently resigned and Mr. Gabbay rejoined on his return.

Mr. A. H. Compton and Mr. T

Weall retire according to the Articles of Association, but offer themselves for re-election.

Messrs. Perer Smith, Seth

I feel sure, in view of the satis-Fleming, incorporated accountants, factory result shown, you will ap- and Messrs. Linstead & Davis, prove of the Directors' recommen chartered accountants, have audit dation to vote the staff a bonus of ed the accounts and offer them. 15 per cent. As I stated last year, selves for re-election. the success of the Company depends very largely upon the faithful service of your staff who hava duties to attend to at all hours of the day and night.

BALLANTINE'S

There appears nothing further in use for almost 100 years. requiring comment and I therefore

Invigorating, and meeting other usual Profit & propose the adoption of the report

MITSUI BUSSAN KAISHA LTD.

FONG KONG

WOMAN CURED AFTER 25 YEARS' SUFFERING

BY POO ON CHINESE HERBS.

FIVE IN ONE FAMILY RESTORED TO HEALTH.

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

Street, Modesto Caly 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 vary 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 my suffering during these years. Herbe and after few treatments My husband spent thousands of the "boy became well and in now dollars seeking relief for inë. 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 specialists of high standing, but none was able to tell me what was the trouble and relieve me. Almost every time I went to a doctor I was advised to have my side operat- ed upon or a change of climate for my dropsy and stomach trouble, Fortunately I was not operated 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

Another of my boys, Fred, aged 21, had suffered many years with catarrh and became worse as time, went on. He tried many treat meats and remedies without result but we can say that after taking some Pee On Chinese Herbs he was completely cured and bas never been troubled since."

and accounts presented and

shall be pleased to answer to the best of my ability any question dealing with the accounts which shareholders may wish to ask.

Lose items, there remains a balance in P&L. 'a/c of 8298,681.64. after same has been seconded I With the amount brought forward from last Recount, `viz. 816,604.70, we have $305,256.43 for appropria| tion at this meeting..

Your Directors recommend, sub- jeet to your approval, Payment of a dividend

of 81.25 per share op 200,000 shares absorb ing250,000,00 Transfer to General Re-

Bérve' Carry forward to new

account

30.000.00

95,296.43 8305,988.43

As our Cattle Reserve of 8900,000 and our Fire & Typhoon Insurance Fund of 8110,000 are considered ample for the purposes for which they were created, your Directors have considered it advisable to re commend starting a Reserve Fund to which has been transferred the 823,000 that has for many years & peared under the heading Equali

ation of Dividend Reserve." This sum, with the transfer of 830,000 from the year's profits, will com mence General Reserve with $50,000.

15 Per Cent Staff Bonüs, Mr. W. 8. Bailey, in seconding, congratulated the management on ita excellent report

The Chairman-Any question ! Mr. Bailey naked there were

ESTABLISHED 1827.

By Appointment to

H.H. The Late §. Queen Victoria và

H.M. The Late King Edward VII.

and

His Majesty King George V.

any special reasons why the bonus PURE SCOTCH LIQUEUR

should be 15 instead of the cus- tomary 10 per cent. Not even the Hong Kong and Shanghai Bank- ing Corporation paid more than 10 per cent.

The Chairman explained that the matter had been carefully con- sidered by the Directors and the 15 per cent. was recommended in view of the fact that most of those. affected were in receipt of small salaries and because of the nature of the work, which was very arduous, having to be done at all times and seasons with perishable goods and live-stock.

WHISKY

10 years old.

GEORGE BALLANTINE

& SON, LTD. GLASGOW AND LONDON. DISTILLED IN SCOTLAND

KIA

It is

If you want & really first class Mr. E. Abraham, proposed the re-election to the Directorate of Scotch Whisky at a reasonable price, Dr. W. V. M. Koch and Mr. A. B. you have no better than Stewart, and, on the motion of Mr. C. G. Alabaster, seconded by Ballantine's Liqueur Whisky.

Makebam, Messrs. Percy excellent. Smith, Sath and Fleming were re- elected auditors.

Mr.

$3,000 Honorarium for Directors.

Additions to the Herd, For the first time you will My daughter Blanch, a few years notice we have shown in the hgo, fell and hurt her side very

Balance Sheet the value of addi- severely and since that time she tions to the herd and the amount was troubled with pain in her side of losses for the year. It is travelled to Alabama, Oregon and and was unable to find anyone or thought that this will give share California and there' consulted anything that would help her. The holders some idea of the amount many specialists of these States, poor girl suffered so much that she that is needed annually to main- but without avail I have never had to quit work A fow treattain the herd. The Bum of that the Directors, unlike those of gotten any better during these ments with the Foo On Chinese 847,887.88 representing cattle losses years of travelling and doctoring, Herbs and the girl has been feeling includes, losses from all sources and but became worse and more dis normal ever since.

comprises very largely the book couraged as everything failed. My whole family cannot

cows that have been value of Thinking a dry climate would help. press in words its gratitude we decided to try San Joaquin towards Poo On Chinese Herbs slaughtered in keeping with our Valley and came to Modeste to re- They have brought health and general policy of weeding out un- profitable or uneconomical cows. happiness into

our home and Although this figure appears to be I heard of the great benefit of the have stopped the seemingly endless about 25 per cent. of the book Poo On Chinese Herbs and the doctors bills. We all heartily re- value of the herd, I can assure you great cures accredited to them. At commend Poo On Chinese Herbs it represents a far lower percentage first I was sceptical and doubtful and have sent many friends to the of the actual replacement value of and thought that they were another Herbalist and in every case they the herd.. panacen.

But I decided to go, have been bencfited by Poo Da thinking in my distress, that there Chinese Herbs. was a possible chance left. At the

side. It was here after a time that

*I-

cows in milk.

Mr. Bailey said:"In view of the satisfactory results that this Com- pany has shown for the last two years and having in view the fact most other companies, devote more time and attention to details of the Company's business, I beg to propose, under Article No. 91 of the Company's Articles of Associa tion, that an honorarium of 83,000. be voted to the Directors, in ad, dition to their fee, as provided by the Articles and that such sum be provided from the balance propos- ed to be carried forward. Al- most every day the Directors are consulted regarding every small detail of the Company's Eriainess, so that although holding their re- gular meetings only once a month, they meet in effect daily to attend to necessary details. I shall be

Mr.

Directors, thanked the share- holders. He observed that since the. Directors fee was last altered

In former days it was necessary for us to expend large sums an- (During this interview regarding nually on importing fresh stock, time I went I weighed 125 pounds this story taken by a special repre- but in more recent years our pur- and to-day I weigh 175 pounds. I sentative of the newspaper, Mr. Fchases have been restricted almost must say that the result of taking Meinhart, Sr., was present and entirely to the purchase of a few glad if some shareholder will Foo On Chinese Herbs must have said: "We are glad to tell anyone | "been miraculous to me. After tak what Poo On Chinese Herbs have bulls in order to maintain the second my proposal,

Stevenson, General standard of the herd and the ing the Herbs I was first entirely done for my family.")

stomach cured of dropsy and

Thousands suffering from catarra, figures of 863,818.93 representing Manager, in seconding, said that additions to the herd consist al- no one was in a better position to trouble and, after more treatment, bronchial and throat trouble, the pain. in my side left and has nethma, bay fever, malaria, stomach most entirely of the actual cost of appreciate the excellent work the never returned. I have never felt trouble, indigestion, constipation, rearing our own young stock until Directors were doing than he him- better all my life than I do to-day gastritis, piles, fistula, heart and it is transferred to the herd of self.

The Chairman, on behalf of the and I own nothing but thanks and skin disease, eczema, scrofula, er gratitude towards Poo On Chinese vousness, insomnia, obesity, kidney

Health of the Cattle. Herbs and Yes Foo Lun, the Her-and bladder trouble, diabetes rheu The health of the cattle has been balist.

matism, "neuralgia, dropsy, pyorr generally good and our young stock After years of suffering and after hea, epileptic fits,

paralysis, born and bred in the tropics are the enormous expense of travelling tumours, ulcers, pimples, family something of which we may justly and the endless doctors' bills, there trouble, dizziness, headaches, and be proud. Various discases which is nothing that I can do but speak many other chronic diseases, have have been a source of worry since good for the Foo On Chinese Herbs been restored to health and happi- the formation of the Company are and heartily recommend them. ness, without poisonous druge, or answering to up-to-date treatment Four other members of my family the knife by the Poo On Chinese by the veterinary surgeon and it is have also been cured by the Poo On Herbs. So interesting to note that no less Chinese Herba, which causes me to

than 80 per cent of the entire herd endorse them more strongly. My

THE POO ON HERBS CO.

is now immune against rinderpest husband was suffering from a More YES Foo, Lux, Chinese Herbalist

and all young stock are being buc on his lip that was painful and Managing Directors. Main Office: cessfully immunised against this troublesome, and as he was a heavy Modesto, Calif., U.5.4.Hong disease which in the earlier history smoker we believed that it was Kong Office: 68 Queen's Head of the Company caused serious turning to smoking cancer. He Central, Office Hours daily: 9 am, consulted the herbalist and waito 12.30 pm, 2 pm to 5 pm. The quality of our milk is being given some remedies and he was Evening Hours: 8.30 p.m. to 8 steadily improved by judicious -ntirely cured and the acre has p.m. by special appointment only. importations of pedigree bulls gone.

European Lady in Attendance.

*

.:

in 1918 the work of the Company had increased tremendously and" the turn-over had been brought up approximately some 400 per cent., while the ramifications of the Company, with its various in- terests in Canton Shanghai and elsewhere entailed a very large amount of detail, to which the Directors developed a lot of their spare time. While they thorough- ly enjoyed the work, there was no doubt it should be properly re- munerated. (Applause).

The motion was unanimously carried.

The Chairman announced that dividend warrants would be ready on Monday.

·

The French Store

Beaconsfield Arcade.

UNDERWOOD

DCL

PACT

SUpers Comp

"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.

THE DISTILLERS COMPANY,

LTD.

EDINBURGH.

Park--Per 1 lb. Jar.....$1.00.

Per 2 lb. Jar...8180

SOLE AGENTS:-

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

Tel. Central No. 185..

Kong Kong.

T

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