1934-09-12 — Page 3

Page

ENSIGN Anto-Kinecam!

Cine Cameras

& Projectors Developing, Printing & Enlarging

ONE DAY SERVICE.

A. TACK & CO.

29, Des Voeux Road, Central.

Mrs. S. MORI,

JAPANESE

LICENSED MIDWIFE,

No. 54, Johnston Road Ground Floor,

Tel. No. 23393.

FOR SALE.. Belection of the best varieties of Reliable and Tested

Flower and Vegetable Seeds.

The opportunity of serving you will be a pleasure and your commands will hare our bost attention..

GRACA & CO.

PREMISES TO LET

HONG KONG DAILY PRESS, WEDNESDAY, SEPTEMBER 12, 1934.

NOTES

PUBLIC AUCTION LONDON FINANCE N

CREDIT FONCIER THE Undersigned have received

D'EXTREME ORIENT

French Bank Building, &, Queen's Rd.

Tel. 31083

www.

MODERN FLATS

4 Boomed, 197, 289, 310 & 319, Prince

Edward Road, with Garage.

* Roomed, Prince Edward Road, next

to Railway Bridge.

3 Roomed, 96 to 106, Taipo Boad.

3 Roomod, &, Hart Avenue,

4 Roomed, 112. Boundary Street with

Garage.

1 Roomed, Prince Edward Road,

MODERN RESIDEN UFS

instructions

TO SELL BT

PUBLIC AUCTION

OX

WEDNESDAY,

SEPT., 12, 1934

COMMENCING AT 2.30 P.M.

AT THE SALES ROOM, DUDDELL STREET.

A QUANTITY OF

HOUSEHOLD

* Roomed, 213, 225, 129, 231, 233, 243 | VALUABLE

& 251, Prince Edward Road, with

Garage.

5 Roomed, 360, 261, 270 & 278, Princo

Edward Road with garage.

8 Roomed, 11a, 16 & 17, Belfran Road; next to St. Theresa's Church, with Garage.

Garage.

4 Roomed, 88, Waterloo Road, with 7 Roomed 282, Prince Edward Road,

with Garage,

23, Hing Hon Road, Hong Kong.

FLATS AT THE FEAK

3, 5, 8, 25 & 27, Peak Massions.

A 9,000 sq. ft. Factory Building at No. 427 Castle Peak Road, Cheung Sha Wan

HOUSES TO LET.

FELIX VILLAS,

1.

?

PUBLIC AUCTION.

High Output And Exports THE Undersigned hate received

WIS

(Special. Air Mall Service)

London, Aug. 25

being out of the market, either in price or credit conditons." On the contrary, "there is becoming evident a return on the part of Argentine users to appreciation of quality and 'exactitude in the carrying out of orders, which, after all, is a warrantable boast of British goods."

Last month's exports of tron and steel manufactures totalled £3,- 154,248, which was £713,081 more than in July, 1933. For the first even months of 1934 the export Agure

£19,101,767-ad in crease of, £2,658,493.over the total for the corresponding period of 1933. As regards production, the That is good hearing. But in- average monthly output of pig- tenailed competition must be ex- iron in this country in the first pected from United States" manu- half of 1934 ·was 483,000 tons.facturers, who have already re- compared with an average of un- covered much ground in their ex- der 340,000 in the first half of 1933, port of moter-cars. Moverover, The average monthly production Americans are expecting benefits to their trade with Argentina to procal Tariff Bull. Low from a recently signed Reci-

of steel in the firss bait of 1934 was about 751,000 tons, against an average of about 523,000 in the first half of last year.

FURNITURE.

Comprising:- Chesterfield Couches and Arm chairs, Teak Hatatand, Teak Exter sion Dining Tables, Dining Chairs, Teak Sideboards, Teak Bookcases, Teak Filing Cabinets, Tear Bed- stead, Teak Wardrobes, with Gluss

Since prices generally have been Doors, Teak Dressing Tables, Chest, some what higher, the benefit to of Drawers, Teak Tea-poys, Teak producers has probably been Ice Cheats, Brass and Bronze Orna greater than

output ment, Silver Ware, Brass Ware, Ogures suggest. It is, moreover, Porcelain Ware, Cutlery, Crockery axiomatic that unit costa tend to and Glass Ware, Oil Paintingé, fall with an increase in output, Pictures, Books, Curtains, Carpets, since overhead expenses are Rag, Electric Table Fans, Lamps, spread over a larger turnover."Ac- Gramophone, and Records, Type-cordingly there seems good reason writer

to hope that the better results reported in recent months by the leading iron and steel under-

aleo

the actual

Pokfulam. - Desirable Modern Residence at A Few Pieces of Blackwood Ware takings will be "followed by still Moderate Rental Apply F. A. Joseph, Property Department, Prince's Buil P.O. Box No. €20, HONG KONG.ding. Phone 209:0,

No. 18, WYNDHAM STREET,

Agents for

Sutton and Sons Ltd, Reading. Toogood and Sons Ltd, Southampton. Arthur Tates & Co., Ltd, Sydney.

ASSEUR R. SHIMIDZU.

ASSEUSE KISAK!.

Recommended for many by Government

years

Civil Hospital, Peak Hospital, etc., and by all the local doctors.

24, Wyndham St, Tel. 24945.

Quicker!

and a thing

as bright as lightning

BRAS BRASSO

METAL POLISH

FLATS TO LET

“and

One Kalvinator

811

One Electrolux Ice Chest One Piano

10 LET—Rent from $80.00. Attrac- tive Three-Boomed FLATS in

T°. Bankow Road, Peking Head & Nathan

Road, Kowloon. Modern Conveniances, Three minutes from Ferry. Also FIVE. ROOMED FLATB with Three Bath rooms, in Hankow Road, Apply TONG TACK Co., 6, Queen's Road, Central Tol. 25340.

(808

DONT FORGET

THAT WHEN

You are at Home

you can get the HONG KONG DAILY PRESS at SELFRIDGES.

Courtesy, Comfort, Bervice

and Luxuries of Modern Hotel

Construction

THE HOTEL RIVIERA

MACAU

Cable Address -"Riviera, Macau."

PRE-PAID

One Combination Safe

ON VIEW FROM TUESDAY, THE 11TH SEPTEMBER, 1984.

TERMS: CASH ON DELIVERY, '

LAMMERT BROS.,

AUCTIONEERS.

| PUBLIC AUCTION

THE

Turther improvement when the next accounts are published.

WOOLWORTH £90,000,000

VALUATION

14

F. W. Woolworth 5s Ordinary shares jumped 2s ed yesterday to the high record of 110s 6d. There are 15,000,000 of these shares, as well as 5,000,000 Preference shares, quoted around 30s 6d, so that the market valuation of the capital is over £90,000,000.

4

The book "value of the assets less creditors, at the end of 1933 was under £15.000.000, of which fixed assets accounted for about £8,500,000. If the total value of the assets, excluding goodwill, were taken at an arbitary figure of £20,000,000, the market value of the goodwill would be about £70,000,000.

The item of goodwill" in the HE Undersigned have received market valuation is important.

Instructions from

It does not appear in the balance sheet, and so there is no need to write it down before arriving at net profits. But the point should not be ignored by prospective buyers of the shares at the cur- rent market price, which obvious- ly includes a large amount, say, 90s per share, in respect of good-

THE OFFICIAL ADMINISTRA TOE, SUPREME COURT,

TO SELL BY PUBLIC AUCTION,

ON

WEDNESDAY,

SEPT. 12, 1934

As 12 O'CLOCK NOON

AT THEIR SALES ROOM,-

DUDDELL STREET

THE EFFECTS OF THE LATE MR. MARCHISIA

INCLUDING ONE RADIO SET AND FURNITURE

TERMS: A Customary.

LAMMERT BROS.,

AUCTIONEERS.

ADVERTISEMENTS.

The following sasam of advertisements are charged at the prins given belowe >-

SITUATIONS VACANT.

HOUSES AND APARTMENTS WANTED.

HOUSES AND APARTMENTS TO BE LET * MISCELLANEOUS WANTS.

When so required replies to box numbers will be posted to arlyertisers daily · Extra sampe for postage should be remitted.

All adverblasements must be authenticated by the name and address of the minder

'Announcements not exceeding 25 Words are inserted under this heading at a Pre-paid Rate of One Dollar for THREE INSERTIONS. If Charges collected, $1.50.

THIS FORM MAY BE USED,

Address..

payment,

Address-The "ADVERTISEMENT MANAGER, "Hongkong Daily Pra

11 Ice House Street or P.O. Box 1

will.

ARE THE SHARES OVERVALUED?

IMPULSE TO TRADE

Widening Soochow Creek

Instructions from

11

THE HOLDER or BILL or SALE No. 4 or 1993,

TO SELL BT.

PUBLIC AUCTION

OK

WEDNESDAY,

F

SEPT. 19, 1934

COMMENCING AT 11 A.M.

N

AT THE PREMISES or the WING FAT LOONG FIRM of No. 183, PORTLAND STREET, GROUND FLOOR, MONGEVE. Ons 10-foot Lathe Operating on 16-

inch Centre One 8.feet Lathe Operating on 11

inch Centre.

16

LAMMERTS AUCTIONS

PUBLIC AUCTION

THE

THE Undersigned bare received

Instructions

TO SELL BI

PUBLIC AUCTION

WEDNESDAY,

SEPT. 12, 1934

Couvorno ai 12 O'CLOCK NOON.

Ar Taxi SALES BOOM, DUDDELL STREET.

20 CASES OF AUSTRALIAN PEARS

One &-feet Lathe Operating op 94 TERMS-CABE ON DELIFEST.

inch Centre

One 6-feet Lathe Operating, on 71

inch Centre.

One Planing Machine with 28 inch›

Centre

|One Drilling Machine

Together with all Pulleys and Shafts connected therewith.

TERMS CASH-ON-DELIVERY,

LAMMERT BROS.,

AUCTIONEERS

PUBLIC AUCTION

THE Undersigned hars received

Instructions from

LAMMERT BROS. TH

AUCTIONEER'S. -- ....

PUBLIC AUCTION.

Some millions of dollars have been allocated by the authorities for the dredging and widening of Soochow creek-a very important waterway connecting this port with ita waters a roving and a restless adjacent places and which bears on population The announcement of an ambitious scheme immediately provoked resentment and aroused censure on the part of tenants and property owners, as their privileges were imperilled. Houses upon the banks of the creeks had to be had to bé andertaken and carried abandoned if the widening processHE Undersigned have received aut effectively and impressively. Happily, means of adjustment of difficulties were discovered, and. according to the vernacular press, interest is now concentrated on the acquirement of financial resources for the scheme.

are

"Feeding Port? " Some millions of dollars necessary if the project during the coming years is to materialise, for speedy transportation-now leisure- ly and cumbersone-will undoubted-

promote trade and possibly so desirable impulse to trade in those enhance facilities as to give a centres along which the creek

runs.

instruction's

FROM THE REGISTRAE, SUPREME COURT,

To SXLL BY

PUBLIC AUCTION

N

WEDNESDAY,

ና

THE OFFICIAL ADMINISTRA- TOR, SUPREME COURT

TO SELL ET PUBLIC AUCTION

THURSDAY,

ON

SEPT., 13, 1994

Commencing at 2.30 PM.

AT THE BRANCH SALES BOOM,

No. 85, HANKOW ROAD,

KOWLOON.

THE EFFECTS OF THE SEPT. 12, 1884 LATE-MR. KNOPP & THE LATE MRS. MARUNAGA.

AND 3RD FLOORS.

including

Blackwood & Teak Wood Furniture, Glass Ware, Crockery, Cutlery, phone and Records, Kitchen Ware, Curios, Ornaments, Portable Gramo- Clothing, "Majestic Radio Set", Convertor Radio and Filterette for Radio, etc, etc..

"Pilot

O VIEW or DAY or SALE.

LAMMERT BROS., AUCTIONEERS.

TERMS: CASH ON DELIVERY.

Ar 12 O'CLOCK NOON

AT THEIR SALES ROOM,

DUDDELL STREET. Reference to the Soochow creek THE GOODS AND CHATTELSAT development must spur interest in the prospective activities which are No. 13, O'BRIEN ROAD, 1ST, 2ND to be evident in the neighbour- hood of Woosung, where provision is contemplated for the pasange and The recent advance in the accommodation of larger vessels. shares is attributed to expecta- Foreigners and others, whose tradal

interest seems congealed in the TERMS:-AS CUSTOMARY, tions that the dividend for 1934 upper reaches of the Wangpoo, will be raised to D.C., against 80 seldom give thought to the possibi p.e. for 1933. *Suppose it were lity of diverting

great deal of raised to 100 p.c. This would trade to these minor waterways. amount to 59' gross, or rather less On the other hand, men who are than 4s net per share. Notwith-familiar with the Utopian schemes standing the enormous real value which were seriously discussed of the goodwill and the reason- some Jears ago as to the develop. able expectation that the pro-ment of Woosung as a "feeding " sperity of the business will be Port may be prone to remark on the direction in which Chinese maintained for a long time, a

| development tenda prudent buyer, it may be argued, The construction of wharves at should write down the goodwill the mouth of the river, and of from his annual dividend. If this suitable accommodation for vesselsHE Undersigned have reserved were spead over forty-Ave years anchoring outside of the "foreign he would have to allow about 2s area," are within the range of per annum which would reduce engineering possibilities. Develop- the value of his dividend to 25 per ment along these lines may not share,, or 40 p.c. net. On this immediately make for the serious assumption the share would yield diversion of much of the river less than 2 p.c. net at the current directed towards the quickening of trade, but enterprise is certainly

price.

commercial and industrial interests

PUBLIC AUCTION

Instructionis

TO SELL ET

PUBLIC AUCTION

SATURDAY,

SEPT. 15, 1994

COMMENCING AT 10.30 AM.

THEIR SALES ROOM, DUDDELL STREET.

MAJESTIC RADIO SETS, A QUANTITY OF

RADIO ACCESSORIES AND NEON SIGN TRANSFORMERS

Including

Another way of looking at the in that vast stretch of land which is point is to suppose that the cap!-entirely within Chinese jurisdic tal were written up to £90,000,- tion. 000, which is the current market

Progress And Prosperity value, "Assets would have to be

The suspicious and sceptical written up by. 483, £70,000,000.. if this were done the, directors would divine that all this riverine would, on doubt, gradually write ultimate isolation, to a degree, of and creek development tends to the down the goodwill by annual p

the propriations from profit, which Shanghai, but we prefer to think foreign-dominated port of

would "materially reduce the that the Chinese administrators are amount available for dividend. anxions to convince an observant Against this theoretical invest-world that they are capable of ment consideration must be placed contributing their quota-in their the recent remarkable growth of own way and in their own area-- earning power, which, if con- to the progress and the prosperity tinued, might justify even higher

of a great sea port.

The activities" which are " now Jewell Radio Bet Analyser, Step quotations.

evident give the critic cause to down and Stopup Transformers, think of an awakening which Oscillator Bet, Jewell Tube Tester, disturbs the conservative-minded. Output Meter, Coil Winder, Radio Another country whose power of Woosung is destined to know that Tubes, Transformers, Batteries, etc.. purchasing from shroad has been sense of enterprise which has been ·010. Improved by the rise in the price has been cherished as a dream by denied it for many years, but which of primary products is Argentina, several perspicacious British exporters, apparently, are Sites in abundance - are available, promoters obtaining their share "Both ac-nd the erection of Government Office Furniture and Sundries tually and prospectively-British institutions within easy reach of the trade in Argentina is improving." waterways tends to confirm the Then is the verdict given in the belief that Greater Shnaghai". August Rev of the Bank of will not for long, be content with London and South America. Alite civic centre as a triumph of though German and United States architectural conception, but will proceed to cultivate other projects compe tion is severe in certain which will reflect the consciousness lines, there is according to this

alive to itâ authority, "no talk of British firms =

DE BRITISH

Padmini

also

OF VIEW FROM FRIDAY, THE 14TH SEPT. 1984.-

LAMMERT BROS.

AUCTIONEERS,

LAMMERT BROS.,

AUCTIONEERS.

PUBLIC AUCTION.

THE Undersigned bavo,

Instructione

TO SELL ST

PUBLIC AUCTION.

FRIDAY, SEPT. 14, 1934

COMMENCING AT 5.15. EM.

AT THE SALES ROOM, DUDDELL STREET

A VALUABLE COLLEC TION OF -POSTAGE STAMPS

Comprising

British Colonies, Old Europe British Guiana, Canada, Great Britain, Mauritius, Hongkong, Phil. ipine, Portuguese, India, Straits Settlement, etc., etc

Oz. VIEW From THURSDAY: THE 18TH SEPTEMBER, 1934;

TERM8CASH ON DELIVERY,

HAMMERT BROS

AUCTIONEERS