1930-06-14 — Page 2

Haig

SCOTCH WHISKY

JOHN HAIG & Co.Ltd.

(Coming Stalg & Haig, 1283 MARKINGH, SCOTLAND.

Consumers are requested to ses that every bottle of John Haig Gold Label Whisky as supplied by us bears the foot label thus: "Gande Price & Co., Ltd., Sole Agents for Hong Kong."

SOLE AGENTS:

GANDE, PRICE & CO., LTD., St. George's Building, Ice House Street, DIAL 20135.

HONG KONG

N.Y.K.

NEW MOTOR-SHIP'S

"ASAMA MARU

3

FLAGSHIP

-and to Europe.

TERUKUNI MARU" YASUKUNI MARU "*

11.800 grams tuna, 526 Teks.

FROM JUNE AND SEPTEMBER, THIS YEAR. THESE SISTER MOTOR-SHIPS WILL SPEED UP THE SERVICE VIA PORTS" TO LONDON. SUPER H- CLASS TYPE: ACCOMMODATION FOR 121 SALOON PASSENGERS, 68 SECOND AND 60 THIRD CLASS.

Comfort and

distinction-on schedule.

NIPPON YUSEN KAISHA

SHIPBUILDERS,

SHIP REPAIRERS,

BOILER MAKERS,

FORGE MASTERS,

OXY-ACETYLENE AND

ELECTRIC WELDERS,

MECHANICAL AND

ELECTRICAL

ENGINEERS.

-DRY DOCK-

Length 787 Feat... Length on Blocks 750 Feet.

D

OF HONG KONG, LIMITED. THE TAIKOO DOCKYARD & ENGINEERING COMPANY

SALVAGE TUG "TAIKOO'

WIRELESS CALL

V.P.G.N. 600 METAZA

Depth on Centre of

Sill (H.W.O.S.T.) 34 it. 6 ins. -THREE SLIPWAYS.-

Capable of Handling Ships Up to 4,337 Tons Displacement. Electric Crane at Sea Wall Capable of Lifting 100 Tons at 70 Feet Hadios.

BUTTERFIELD & SWIRE, Agents,

-HONG KONG, CHINA & JAPAN,

TEL. ADDRESS: "TAXOODOOL, Hosa Kosa." TELEPHONE: 37211

CALL FRAO: “C” Over "Ails. Puumare”.

LATEST

GRAMOPHONE

RECORDS

are obtainable at

THE WING ON CO., LTD. (Music Department).

HONG KONG DAILY PRESS, SATURDAY, JUNE 14, 1930.

TRADING DIFFICULTIES IN INDIA

AND THE FAR EAST.

WHITEAWAY, LAIDLAW'S CHAIRMAN PAYS TRIBUTE

TO LOYALTY OF THE STAFF.

BUSINESS EXTENSION IN SOUTH AMERICA.

The Outlook for 1030, The outlook for the current year is uncertain. I have recently spent about two months in thoroughly inspecting our branches in Cal- catta, Rangoon, Bombay, and. Cey- lon, and I have satisfied myself that our managers have worked hard and done their best to overcome the difficulties they have had to face.

Our stocks have been taken into

ECONOMIC DEPRESSION IN UNITED STATES.

[UNITED PRESS.)

Philadelphia, June 6-In an interview published by the Public. Leader to-day, Mr. Henry Ford says that the worst of the economic depression in the United States is

now over.

Sufferers in the recent market drop, have now gone to work, ac- cording to Mr. Ford, ** which is al-

the accounts at a conservative Speaking at the twenty-second to be enrried to the balance sheet of valuation and your directors have annual general meeting of Messrs. £91,223, which is £32 less than lastno anxiety on this point. The busi.ways a reason for good business."* - Whiteaway, Laidlaw & Company, year. Limited Mr. Mence Wilkinson, chairman and managing director of the Company, paid a tribute to the

loyalty of the staff of various branches of the Company in India

and the Far East,

I

fess premises have all been main- tained in good order and, as usual, repairs and replacements have beer OLD WOUNDS AND SORES. charged to revenue.

Your directona, Mr. Thomson and Mr. Wilkinson, jun., have made an

ZAM-BUK CURES EVEN WHERE FLESH IS POISONED AND ULCERATED.

extended tour of inspection in Jave and Sumatra, the Federated Malay States. the Straits Settlements, Siam, and China. At every branch know the maddening pain and Only those who have suffered

inspected, and, where necessary, ulcers, abscesses, and chronic sores they visited stock was thoroughly irritation caused by flesh-eating written down in value. All ques- These deep-seated troubles, which tions of management were fully may defy all other treatment year discussed and possible improve after year can now be permanent- ments were closely examined.

ly cured by that remarkable heal- ing substance-Zam-Buk.

The balance brought forward is £24,826, and to this we add £91,093, making A total of £118,052. Dividends already paid during the year have absorbed £70,969, leaving £45,083 to he dealt with to-day. The Chairman, after referring to Your directors propose that the the staff's aloofness from intimida-balance be appropriated as follows: tion, said that they carried out To pay a final dividend of 3 per their services at times under an- cent., making s

per cent. per pleasant conditions.

annum, free of tax, on the Ordinary Addressing the meeting, the Chair- shares, £17,681 ss.; to pay to the Trustees of the Employees' Pro- man said:-Gentlemen, I have

A single box of Zam-Buk, will de vident Fund, £1,000; and to carry

monstrate its extraordinary sooth- express regret that Mr. A. W forward the balance of £26,101 173. development After very careful Because the rich herbal essences I now come to our most recenting and tissue-building properties. Prior, one of your "directors, is

consideration your directory decided ment soak naturally into the skin. contained in this wonderful oint- unable to be with us today. In

The Check to Indian Prosperity. to acquire a well-established busi-Zam-Buk extends its germicidal March fast he, with Mr. Forward,

Your directors cannot but feeless in Buenos Aires. The circum- and healing influence into the loft for the Argentine in connection

ointments never touch. deepest tissues which crude fatty with the purchase of a business in Buenos Aires, to which I will refer later in my speech. Mr. Forward returned to London yesterday, but Mr. Prior is not expected back for

somé weeks.

to

10d. to the next account.

The Buenos Aires Development.

disappointed with the results of the stances attending this purchase

Zam-Buk stops the burning and

poison and corruption-it killa itching-it allays swelling and in- Jammation-it drawe out all

bad germs and grows new healthy akin. the direct supervision of qualified. Scientifically compounded under chemists in the proprietors speci-. ally equipped laboratories Zam- Changes in the Accounts,

Buk is vastly superior to common The accounts we are presenting

animal fats and harsh minerals. salves and dressings containing for your acceptance unfortunately

Whether it bo e cut hand or an show no improvement on those of

and as these were satisfactory your poisoned wounds, insect bites, gore ulcerated leg, a burn or a scaid, a year ago; in fact, there is finite check. During the past few directors, Messrs. Prior and For-feet, eczema, itch, prickly heat, shrinkage of about £12,000 in the days, the Government of India trading proft, due to causes to appear to bave realized that their which I will presently refer. The policy of allowing agitators to in. issued capital and reserve account, fame the minds of credulous people £1,230,380 and £300,000, are the is not creating sa atmosphere suit in the last accounts, able for the discussion of the in- Bills payable creditors depositors"

portant questions, which will shortly balances, and dividend warrauts

to be hoped that the restrictive be before the country, and it is

measures now in force have been applied in time to check further On the credit side of the balance-law-breaking and violence. sheet, freehold and leasehold pre-

In Burma the unsatisfactory con-of last year. mises stand at 2018,657, a reduction |dition of the rice trade, to which of £4,151. Fixtures and plant are I referred at our last meeting, has less by £14,007, the decrease in both continued throughout the year, and cases being due to depreciation and the purchasing power of our cus the sale of our premises at Kamtomers, who are mostly natives of

the country, has been restricted.

The Ceylon and Other Eastern Branches.

year's trading. You will recognize were somewhat unusual. The pro- exceptional difficulties and circum-limited liability company, but, that we have had to contend with prietor had decided to turn it into stances quite beyard oar control. hearing that we had branches in The political conditions in India are various countries, and that we were mainly responsible for the fall Tnt averse from extending in any "profits. As was to be expected, the new country where the prospects of

experiment of endeavouring to con-

a profitable business were good, he ciliate lawbreakers and sedition. inquired if we would care to make aries,. accompanied by loss of life, him a cash for. The first step was have taken place, and the prosperity to examine the audited accounts, of the country has received a de-

same as

outstanding total £102,70, a redue tion of £18,303 when compared with 1029.

pala, which branch was closed during the year undef revica owing to unfavourable trading conditions.

To meet the requirements of the new Companies Act we have had to show our interest in the Java

Our branches in Ceylon have done well in spite of the low price new

Eruptions Covered Face, Arms, Fingers Cuticura Healed

"My little girl's face, arms and fingera were covered with watery sore craptions which later scaled over. The eruptions certainly itched because she was forever Beratching. When she scratched the scales fell off leaving sure eruptiona underneath. She was truss and ste very little. The trouble lasted eight weeks.

"I read an advertisement for Cuticura Soap and Olarment and sent for a free sample. After using it a day or two I noticed she did not scratch so much, and the inflammation around the eruptions: was leas noticeable. I purchased more and in five weeks she was completely healed." (Signed) Mrs. J. Simpson. Station Approach, E. Boldon, Durham, Eog.

Clear the pores of impurities by daily use of Cuticura Somp, with touches of Cuticura Ointment as needed to acolhe and heal rashes or irritations.. Cuticuma Talcum is, fragrant and refreshing, so ideal toller powder.

Sample each Soap, Ointment and Talcum free upon requer, from Dașten, Price & Company, | Lid P. O, Box 650, Shanghai.

**** Sell Throughout the Work..

CHURCH NOTICES.

ST. JOHN'S CATHEDRAL, Hong Kong.

JENE 15, 1990, Trinity Bunday: Holy Communion at 8 am. Children's Service at 10 am Mattine Bad Sermon at 11 am.

Preacher-Rev. C. B. Shann. Holy Communion at 12.15 p.m. Ereasing at 6.00 pm.

Prescher-Bar. E. V. Koop,

Special Notices. TUESDAY, June 17. B. Barnabas Day:

Holy Communion at 7.45 am) •

(97

FIRST CHURCH OF CHRIST,

SCIENTIST. (Branch of The Mother Church, The First Church of Christ, Scientist, in Boston, Masaj V.S.A.) MACDONNELL ROAD, BELOW BOWEN ROAD TRAM STATION.

11.15 a..

SUNDAY BHATICE, Jace 15, 1930, at Subject-GOD

THE PRYARRYER OF MAN,

The Publici cordially invited to attend the services and visit the Heading Room.

[87

UNION CHURCH,

(KENNEDY ROAD), UNI Sunday, June 15, 1932:—---

Morning worship at il a.m. Evening worship at 6 pm.

Prenobor, morning and evening:-

Hav. John Foster.

Mornings at 10 o'clock.

The Sunday School is held on Sunday ward, went to the Argentine to scalp disease, boils, abscesses or 5.50

Wednesday Evening Meeting at investigate the proposition on the equalled. Get a box to-day of all Tuesday and Friday, 10am to 19 Noon;

p.m. piles, Zam-Buk is absolutely un- Loading Room at above address, open:-~ spot, After a close examination of dispensaries and medicine vendors. Monday and Thursday, 3,30 to 7 p.. the assets to be acquired, and the prospects of business, it was decided to complete the purchase, and this has been done. We took over the

pleased to be able to tell you that business as from April 1, and I am

the returns for the month, which have been called to us, show a substantial improvement when com- pared with the corresponding month have taken over practically the (Hear, bear.) We

whole of the staff, and the manage- ment of this branch will be in the hands of a man of long experience in the Argentine.

21

Tribute to the Star,

As regards the staff, both abroad

satisfied that they have done their and at home, your, directors REC

best during an exceptionally diffi.

Stores, Limited, in a different form prevailing for rubber, one of the cult year. Fortunately, "the loyalty i

than hitherto. The debit balance

has been written off the value of the shares we hold instead of being included in creditors. In this con- nection I would mention that our stores both at Soerabaya and Medan are now on a profit-earning basis, and can be depended upon to assist the general results of the company. All the preliminary expenses in connection with the opening of these branches have now been pro vided for.

usual

The stock-in-trade, £369,043, is £17,994 less than it was last year. In accordance with our custom, liberal allowance has been made for depreciation. The sum of £32,413 represents debtors and pay ments in advance, corresponding to £36,611 a year ago. Cash and investments are £1,415 higher than they were on February 29, 1920.

principal exports of that country.

of our native staff has stood the Trading conditions have been strain of intimidation, although on difficult in the Federated Malay some occasions they have been pre- States and Straits Settlements, also vented from attending their duties due to the slump in rubber and tin, Your directors feel that this is but, with one exeption, all our an appropriate occasion to make. branches have made a fair amount special reference to their services, of profit.

which through no fault of their own Siam has proved a disappoint have sometimes been carried out ment, but a change in management under unpleasant conditions. at our branch in Bangkek will, we hope, result in an improvement report of the directors and state- I now beg to move: That the during the current year.

ment of accounts as at February

Our branches in Java and 28, 1830, be and are hereby approved Sumatra have improved on last and adopted, and that the profts year's results, although trade there be appropriated as recommended by has been adversely affected by the the directors." low prices of rubber, sugar, and other commodities.

As our branch in Uganda was proving an unprofitable unit, it has been closed, and the stock and premises have been disposed of. Profit and Loss Figures.

The branches in Kenya Colony Turning now-to-the-profit and have contributed slightly more to lous account, the trading profit, the general result than they did n 2183,927, compares with £145,933. year ago. This is after debiting, managing. As regards China, sales have been director's remuneration, which well maintained in spite of the year ago was charged under the unsettled condition of the country, heading of directors' fees, so the but, owing to a very severe fall in actual shrinkage in profit is not the price of silver, and a consequent £12,000, as would appear, but depreciation in the exchange value £9,000 caly.

of the dollar, profits have not been

loss account, directors' fees are Your directors, however, feel that £4,000, instead of £7,800 as in the the managers at Shanghai, Hong last accounts. Income-tax requires Kong, and Tientsin bars come £17,640," and depreciation on build through a difficult period very ∙ings, etc., 220,414, leaving a balance 'creditably.

Mr. J. H. Lewes seconded the resolution, which was unanimously carried.

The Chairman then proposed the re-election of the retiring director, Mr. Robert Whyte, which was seconded by Mr. A. Forward and also carried unanimously.

The auditors (Mesars. Cooper Brothers & Company) having been reappointed, the meeting terminated with a hearty vote of thanks to the chairman and directors and to the staff at home and abroad.

By the arrest of three men, in

counterfeiting of British £50 and the track of a factory for the

£100 notes. It is thought that the factory is in a little village about have been informed, as well as the 50 miles from Berlin Berlin police

authorities in London."

"

PUDLO

"BRAND-

CEMENT WATERPROOFER:SE

See how chrif Sto mix Par the Powder on the Cement c stir it witba staɔɔvel Ba

Sand

Cures.

| FLOUDER CZZCAPS jeranoia clerPENS

BAAMO WALLS

Alsed byc

THEM OFFICE OF WORKS THE ADMIRALTY "THE 'WAR DEFICE, ETC.

DODWELL & CO., LTD.

Hong Ko

Tek 28021.

195

WESLEYAN METHODIST.

CHURCH, QUEEN'S ROAD ÉAST.

SUNDAY SERVICEA, June 15, 1990:--

Morning st.10.18 a.m.

Prescher-Rev. J.C.Kuight Anstey. Evening at 0.3 p.m.

Preacher-Rev.J.C. Knight Amster.

SAILORS' AND SOLDIERS'

HOME,

PRATA EAST.

SUNDAY, June 15, 1930 ---

5.15 p.m.-Service Men's Hour, MONDAY, June 16, 1837;-

3.00 p.m.-Meeting of Ladies' Church

[7044

Akl

Bigger & Better Than Ever

CHRONICLE

and

DIRECTORY

for

1930

PRICE: TWELVE DOLLARS.

Hong Kong Daily Press Office.