1934-04-27 — Page 12

12

BY APPOINT MIEHET

This Guarantee

is Your Safeguard

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Cerebos Salt

The Recognised Standard of Quality

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HONG KONG DAILY PRESS, FRIDAY, APRIL 27, 1934.

THE TRANSFERENCE OF NATIVE PROTECTORATES

Announcement By General Hertzog

London, April 26.

The possibilities of an inter-

Imperial controversy was opened INCREASE IN U.S.net

up with the announcement by General Hertzog in the South African Parliament that the Gov- ernment proposed sending a Note to Britain urging the immediate transference of the native protec- torates. Bechuanaland, Swaziland and Basutoland to the Union,

The procedure whereby such chance, may be effected is laid down in the Union of South Africa Act and advocates a change if the British Government failed to de- velop the protectorates which were a backward state. The left in natives themselves, however, are strongly opposed to transference while opposition likely to be in certain quarters in Britain is fa- dicated by a comment by the "Manchester Guardian" which urges that there can be no ques- tion of entertaining the request unless., the Union, adopts a more

beral native policy-Reuter.

BARTHOU'S VISIT TO

PRAGUE

Not Much Political Significance

graphic Messages Ordinance,

169.4.

(Special to "Hong Kong Dally Press")

Tele 1894.

NAVY

Bringing Up To Treaty Limits

Washington, April 26. Congress authority to start naval construction whenever he thinks it, in order to bring the United States Navy up to treaty Umits, will be asked by President Roosevelt in the forthcoming sup- plementary Appropriation Bill.

This totals a little less than US$1,500,000,000.

The President has not decided how many more than the 100 new shipe authorised by Congress will be built this "time. but he wants the power to use a proportion of the money for this purpose Reuter.

THE SPANISH CRISIS

Whole Country Seething With Excitement

si

(By Telegraph, Copyright,

(Special to "Hong Kong graphic

Messages Ordinance,

Daily Press") Received, April 26, 7-50, p.m.)

(By Telegraph, Copyright, Telo Paris, April 26, graphic Messages Ordinance, 189.4. The French Press are focussing Beceived, April 26, 7.30 p.m.) their attention on Foreign Minister

Madrid, April 26. Barthou's impending visit to Pra- A hand-grenade was thrown gue, which is however, not expect- against the car of the Minister e. to result in any important de-of the Interior, Salaza Alonso, but cisions since the Czech Foreign did not explode. It is believed that Minister has always been regard the outrage is the work of the ed as one of France's most relia-Left Wing Radicals, Die henchmen and has constantly

The Government has immediate- been in

touch with the Qualy proclaimed a new state excep- D'Orsay for the last fifteen years. tion, which was recently abolished, Barthou's visit to the Szech capi-as the whole country is seething tal is therefore considered to have with excitement in antialpation of a purely symbolic and sentimental a coup d'etat either from the significance, although the two For- Right or left. cign Ministers will anquestionably seize the opportunity in discussing in detail; the various current ques" Elons such as the situation in Austria, the Danubian problem, disarmament and the recognition of Soviet Russia by the Little En

Lente.-Transocean Kuo Min.

A Cordial Welcome

|

Negotiations are now being car ried on by President Alcala Za- mora, with a view to finding a solution of the ministerial crisis which is proving extremely diffi- cult, owing to the state of the parties in the Cortes-Transocean

Kuo Min.

Madrid, April 25,

The Lerroux Cabinet resigned late Prague, April 26.

on Wednesday afternoon in con- The French Foreign Minister sequence of criticisms made by Barthou who arrived here on President Alcala Zamora of the Thursday in the forenoon. was re-highly controversial Amnesty bill celved at the Railway Station by Foreign Minister Cenes as well as

ministers, from the other Little En tente States and Poland.

when Zamora appended his sign- ature to the Law on Tuesday night. After Lerroux had protested, Zam- ora agreed not to publish the pre- sidential objections, contenting

Czech Legionares formed a guard of honour and a large crowd himself instead with merely re gave Barthou a cordial welcome.-gistering such in the archives of Transocean Kuo Min.

Cortes. Lerroux declared himself unwilling to accept the presidential mis-confidence in this mild form. especially as

Prague. Apr. 25. The official press here left no doubt about the cordiality of the

Zamora recently

made public the announcement welcome that Czecho-Slovakia ́ ́is

that under the present troubled preparing for Forelan Minister

circumstances, no other Govern Barthou who arrived from Warment than that of Lerroux was Baw late on Wednesday night.

organ

Eldov Noving generally described as "the foreign office writes that "there will be no need in Prague for lengthy exchange of views." Here it will be only the question of demonstrating complete unanimity."

The Nationalist paper "Ceske Stovo" suitably describes the visit of the French diplomat and the French policy generally with the title "France is unshakably with us and we with France."-Trans- ocean Kuo Min.

JAPAN'S POLICY IN CHINA

Questions In Parliament

conceivable.

I.

BRITISH INSULATED

CABLES

Wide And Expanding Range Of Products

CONSIGNEE NOTIOES.

THE EAST ASIATIC CO., LTD, COPENHAGEN,

THE

HE Danish Motor Vessel "FALSTRIA "

having arrived from Portland, “Aber- doen, San Francisc) and Los Angeles. Consignees of cargo are hereby informed that ali goods are being landed and placed at their risk into the hazardous and/or extra hazardous Godowns of the needs, but also to recommend our Hong Kong and Kowloon Wharf & Godown Co., Ltd, where Delivery can be manufactures whenever 8 CASE comes to their knowledge in which

obtained, as soon as the goods are landed. electrical conductors of any kind are required.

Special Air-Mall Service

London, April 10. Thirty-eighth Ordinary General Meeting of shareholders of British Insulated Cables, Limit- ed, was held yesterday at Ex- change Station Bulldings, Liver- pool.

Sir Alexander Roger, chairman of the company, presided" over a good attendance of shareholders.

Mr. Alex. Crook, the secretary, read the notice convening the meeting.

The Chairman said:-The result of the year's operations accords with the anticipation I hazarded at our meeting a year ago. The profit and loss account shows a profit for the year of £517,455, which compares with £589.275 for the previous year-a fall of £71,- 820. The result would have been less satisfactory but for the fact Ehat we have been able to bring into the

account

substantial profit realized by the sale of a small proportion of

OUT invest- ments outside our subsidiary com- pany interests. The proceeds we were able to reinvest satisfactor- lly.

The trading praft for the year is disappoititing and arises mainly from a decline in orders, particu- larly affecting some of our large and older departments, which in the past have contributed very ap- preciably to the aggregate earn- ings. I am glad to say that the prospects now indicate some im- provement in these departments.

Balance and Allocations The balance brought forward" 15 £301,123, which, added to the pro- At for the year, gives us a dis- posable balance of £818,578. From this amount there has to be decid- dividend on the ed £191,187 for Debenture interest, two classes" of dividend already declared on the Preference shares. the interim Ordinary shares, and

directors and Debenture trustees' fees, £627,391. leaving available the suz of

tion £1000.000, and propose to We have allocated to deprecia-

place to reserve account £60.- 000, this leaving a balance of £467.391 available for dividend, out of which we recommend a further dividend of 10 per cent. on the

Ordinary share capital, making with the interim dividend already pald 15 per cent. for the year, and carrying forwad £300.- 724 to next account, almost exact- ly the saine amount AS W SLS brought in.

the

balance

Turning now to sheet, it will be noted that the reserve e increased by £60,000 and therefore amounts to £1,320 000 Dividend equalization fund at £300,000 and workpeople's com passionate fund at £50,000 remain as before, The item of creditors has been reduced from £488,500 to

the difference £301,204, mainly due to a diminution in the turnover and to the prompt pay ment of accounts.

being

this

No Claima will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the 3rd May, 1934, at 4 þ.m., will be

abject to Bant

Current and Cables. No doubt you have seen from the annual report of the Central All broken, chafed and damaged Goods Electricity Board that the con- are to be left in the Godown, where sumption of electricity during 1933 they will be examined by Messrs. Andar. bad year as it was for business | sou Asho от The 2nd May, generally increased by 10.7 per | 1934, at 10 a.m. cent, over the year before. The All Claims against the Vessel must be most recent statistics show that presented to the Undersigned within this rate of improvement is rapidly tan day of the ship's arrival, or they Increasing, and we are hoping that will not be recognised.

No Fire Insurance will be affected. shortly there will be a greater de-

Bills of Lading will be countersigned by mand for the heavier type of

JOHN MANNERS & CO., LTD. power cables, arising out of the need to supplement the existing

Agents, Mercantile Bank Building. distribution networks because of Hong Kong, 26th April, 1934. the heavier load taken for power purposes "by factories throughout the country, and for heating and cooking by domestic consumers.

International Trade. Unquestionably. there la B measure of recovery of trade in this and a tow other countries. but without a revival in all and prosperity in all we cannot ex- pect freedom from anxiety in the future. We must bear in mind the dangers attending the recovery and the methods by which it is being brought about.

(240)

CONSIGNEES" NOTICE. THE BEN LINE STEAMERS, LIMITED.

FROM LEITH, MIDDLESBRO', ANTWERP, LONDON, AND STRAITS.

The Steamship

"BENREOCH.". NONSIGNEES of Cargo are hereby 10

It is nearly 20 years since the Great War brase out. It was not a fight between armies and navies. informed that all Goods are being. It was a trial of strength between landed at their risk into the bazardans the entire civil and military re- and/or extra hasardous Godowns of the sources of the nations involved, or- Hoxe KowG AND KOWLOON WHARF AND ganized by their respective Gov-BODOWN COMPANY, Leu, whence and/or

from the ernments, and it seems to me that

whares Delivery may be obtained. in certain countries international

No Claims will be admitted after the commerce is now being planned Goods have left ths Godowns, and all on identical lines

Goods remaining undelivered after the -- Nations are in course of reor-2nd May, will be subject to Bant. ganizing their industries in mass formation. Individuality is being supplanted by Socialistic and State control, Bargains now take place between Governments acting as agents for business undertakings. The power of the State develops on lines which a few short years ago, would have been regarded as Socialism of the most advanced description.

High-Quality Products Last year was the worst, both in the matter of turnover and of profit rate, that we have had for a long time. Competition is con- tinually on the increase, and it is astonishing how, from time to time, new firms will start in the heavy cable-making Industry,"In spite of the fact that there is insufficient work available for half the plant already in the country.

Such firms

time may for 2. secure some business at prices with which we cannot compete 11

our standard of quality la main- tained, and in some cases may be able to make good losses in cable- making from profits derived from other sources, but purchasers must be alive to the risks they run

All Ülaime against the Steamer must se presented to the Undersigned on or befors the 16th May, or they will not be recognised,

To comply with the General Bonded Warebouse Regalations consignees most barya Bevonne Officer in atten dance when damaged" datiable goods are examined.

All broken, chafed and damaged Goods" are to be left in the Godowns, where they will be examined on the lat May, at 10 AM., hy Misers. Goddard M Douglas

No Fire Insurancs has been affected. Bille of Lading will be countersigned by GIBB, LIVINGSTON & Co., Lenn

Agenta.

Hong Kong, 25th April, 1934.

12488

SERVICES CONTRACTUELS DES MESSAGERIES MARITIMES.

OONSIGNEE NOTICE

5.S. "D'ARTAGNAN."

- ་ ARRIVED HONG KONG OF SUNDAY, THE 22ND APRIL, 1934.

$

without such guarantee as the high reputation and technique of

From MARSEILLES, &c. our old-established, company give.te-named Steamer are hereby JUNSIGNEES of Cargo by, the

We

stand behind the goods we

informed that their Goods, with the

It may Interest you to know exception of Opiam, Treasure and Valu- that 2 few days ago

abisa, are being landed and placed at we"re their risk in the Gadowns of the Hong celved from, a customer 8

Kong and Kowloon Wharf and Godown piece of

cable cut out from a Co Ltd, Kowloon, whenes Delivery can cable installed by us 42 years ago, be obtained as the Goods are landed.

which, notwithstanding its long

Goods not cleared within 7 days, in- service, was practically as good as eluding date of arrival, will be subject to it was when laid down. The ca- Bent

Me-making business is frending All Ulaims must be sent to the Under- away from the heavier towards the signed before Wednesday, 2nd May, lighter types of material,- due to | 1984, or they will not be recognized. the transmission of power at hig- Damaged packages must be left in her and higher potentials, and to the Godown for examination by the the spread of business in tele- Consignees and the Company Bar phones and wireless apparatus.

veyors, Messrs. Goddard & Douglas, at 10 am on Friday,, the 27th April, 1934,

Modernized Plant

sen Land. buildings, plant and 'ma- chinery, after writing off £100,000 for depreciation already referred te, stands at £1,605.583, a net in- crease of £30,000 Under heading, therefore, we have spent about £130,000 A part of this sum The month-old prophecy of the has been applied to modernizing right leader-leader of the Cat-plant and buildings, and the re- holics G Robles assessing the mainder has been spent upon ad- life of the Lerroux Cabinet ai ditional manufacturing facilities. thirty days. is, thus fulfilled but in

In certain products the demand the exact

was beyond our capacity to sup- reverse of manner meant.

ply, and necessitated, working por- The crisis was not due to the tons of the plant day and night. withdrawal of the Right support I think it will be agreed that it by Robles, but by the Presidential is sound policy, especially in these refusal to give unqualified appro- times, to take advantage of every A year ago I referred to the pos-

sible purchase by the Liverpool Officer in attendance when damaged Consignees must have a Revenue val to the Amnesty Law which opportunity that offers to increase constituted a compromise between business in any special direction. Corporation of our electricity - datiable goods are examined by the

I may say that in the last six dertaking at Prescot. A provisional Company's Surveyors. years we have spent over £800,000 | agreement has been entered into, No Claims will be admitted after the In plant and machinery, all of subject only to the sanction of the | Goods have left the Godownɛ. - which has contributed to main- various local authorities concern- No Fire Insurance will be effected taining our position in the indus-ed. This sanction has not yet us in any case 'whateverdeng try, and is ́ample, justification. If❘ been received, but we hope fur- that be decessary, for the policy |ther progress will shortly be made. of not distributing our profits up to the hilt.

the Government and the Right parties--Transocean Kuo Min.

2.

LARGEST GARAGE IN EUROPE

(Special to "Hong Kong

·Dally Press”)

(By Telegraph Copyright; Tele- graphic Messages Ordinance, 1804 Received, April 20, 7.30 pm).

Venice, April 26. London, April 25.

The largest garage in Europe Reports regarding the Japanese has been opened here on Thurs policy towards China were again day, exactly one year after its the subject of questions in Parinauguration by the big motor- liament. The Foreign Secretary bridge connecting the city with the said he was unable to make any mainland.

|

As indicating the wide range of your company's products, you will be interested to know we have 134 different items, of manufacture. The policy of your board has been to maintain as far as possible a good load factor on the existing plant, rather than the undertaking of new work involving a type of machinery not already in our possession. +!

Fine Wire Marvel

REICHSMARK QUOTA, TIONS

[Spesial to the Hong Kong Dally Fre" (Copyright:}}

Berlin, April 25, Reichsmark quotations (without guarantee)...

New York Paris-

39.39

593.65

Amsterdam

..57.00

*Paris Sterling

Dollar

77.50

..15.00

UNCLAIMED TELEGRAMS.

We manufacture every possible requirement of bare or insulated further statement as to the result The garage is four storeys high conductors that could be ask÷| of his communication to the and can accomodate one thousanded for by any user, and ́· I Japanese Government. He added | motor-cars in halls or separate may mention that we have as that the communication referred boxes, while there is room for | many аз Blx different and to was despatched on Monday and three hundred more 'cars below complete systems for the wiring of he understood the British Am- the open terraces:

factories, offices, collieries, and pri bassador at Tokyo was seeing the

vate houses, so that every require Japanese Minister for Foreign

ment of consulting engineers or Affairs to-day.

wiring contractors, căn be fully complied with"

In this connection we would ask our shareholders to be good. enough not only to use their com- pany's products for their own Pelim

Sir John Bimon did not anti- cipate he would be in possession of the full views of the Japanese Government until after a few days British Wireless..

The garage is fitted with all mo- dern technical resources and con- toins several spacious repair shops, a travel bureau, awaiting room and last but not least, a bar where the waiting motorists may hegulle themselves and quench their thirst.Transocean Kuo Min...

AT THE EASTERN EXTENSION AUSTRALASIA AND CHINA ́TELEGRAPH Co., Lt.

ÅDDANSKED.

TROM

Shanghai

E. OHL

Agent.

12483.

Hong Kong, 32nd April, 1934

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