1935-04-17 — Page 3

Page

PREMISES TO LET

PEAK MANSIONS:

3-roomed data,

6-roomed fat.

PRINCE EDWARD ROAD

DISTRICT.

1-2 roomed fats,

4-8 roomed residenoca..

CHEUNG SHA "WAN:

1-3 roomed dats.

KOWLOON CITY:

1-roomed. fists.

PREMISES

TO LET.

LET-Udos

APPLY:

CREDIT FONCIER D'EXTREME ORIENT

FRENCH BANK BLDG., 5, Queen's Road, Central, Phone: 21063

POSITION WANTED

Tas anyone gire elderly British gentleman something to do?. Box No. 3438, c/o Hong references. Kong Daily Press.

Tertiou room at Hongkong. Highest te imonials, dins louri

Street. Apply to:-1 he Secretary, Hong Kong Stock Exchange.

L

€3897

LET-Ofice Rooms in Kayam-

arorlooking

Road Central, ao Big Five Rooms House, Hart Avenue, Kowloon and Plan

Saifee Terrace, Wattan Hond, Kow.

loan. Apply:-Kaysmally & Co., 20, Queen's Road,

FLATS TO LET

(927

".

FOR SALE

[189

SPIRAL STAIR

FCASE-A9 ft. high ly, 7 dis

Cast iron treads. Wrought iron hand rail. Suitable for factory purposes or fre exit. Can be inspected at Asiatic Building. Apply The Asiatic Petroleum Co. (50) Lid., Hồng Kong

HONG KONG DAILY PRESS, WEDNESDAY, APRIL 17, 1935.

The Brearheable Tablets

PEPS

FOR COUGHS BAD THROATS

etc.

To Government. Officers and others entemplating returning to Scotland

OFFICIAL RECEIVER AND PUBLIC AUCTION. LAMMERTS AUCTIONS

STRAUSS & CO.

Hopelessly Insolvent

In 1926"

The affairs of Strauss and Co. tended any formal board meeting, Ltd.. grain and seed importers, of nor any annust general meeting.. dealt very The company - had Borough High-street, 8.E., and Bombay, were discussed at Bank-largely in Indian commodities and rupter - buildings. Carey-street, it was understood that the posi HEPBURN BROTHERS, W. yesterday, when the statu- tion had been difficult in India tory meetings of the creditors and shareholders were held in the

COMPLETA KOUSE BUILDERS,

56 GEORGE STREET, EDINBURGA||

extend a Hearty, Walooms and offer ------

"THE HOME YOU WANT.'

Tarms offered, nes atsinemily ́stizable for Offers and siberr on passéONE. ¿Coana up to 90% of purchase price are readily obtained on our Hons.) Write for our illustrated Brochure containing Plan and Specifestions and Description of our atten Building Bikes at BRAID OORSTORPHINE, BLACKHALIN CRAIGENTINNY'

XINGS

KNOWL

and

Give me a call next time you are në Lazde.

compulsory liquidation of the com- pany. Mr. J. Barwick Thompson, Omcial Receiver, presided.

The winding-up order was made on February 11 on the petition of the Chartered Bank of India, Australia, and China, Bishopsgate, RC. A large number of creditors

were present.

Mr. E. A. Strauss, M.P., occupied a seat at the right of the Omcial Receiver.

The Ofidal Recelvar said that,

T

NHE. Underngued hays received

instructions •*-

To SLL BT

PUBLIC AUCTION

THURSDAY,

"APRIL 18, 1935

ייד

∙AT 12 O'CLOCK, NOON.......

AT TREE SALES BOOM,

4. DUDDELL STREET, for the past few years. Eventual-{ ly the news was received that the manager there had died in tragic 27 cases Cascade Green Ale (qts), Towards the end 11 cases Cascade Green Ale (pts.) circumstances

3 cises Cascade Red Ale (qts) $cuses Cascade Red Ale (pta.) ·

of: January bills were falling due. There was also the crisis in India. The winding-up order followed here.

Mr. Russell Kettle, the spects!

manager, had lodged a draft state- TERMS-CASH OF DELIVERY..

ment gross liabilities

of axairs.

This showed £1,810,827, of

which £676,256, were due to 262 unsecured creditors.

The Official Receiver added that

THE PEOPLE'S TRIBUNE before the meeting proceeded to Mr. Lessing attributed the fallure

A semi-monthly magazine dealing with the social, political and economic life of China and other Far Eastern countries.

(3438

.

TO LET FLAT NO. 4TICIA WANTED KNOWN TNSION 16, Macdonnell

Road, partly furnished or unfurnished.

2272 or 23216.

f3383

ABGE Shipment Fresh Chocolates

Apply: XAVIER BROS., LTD. Tether Confectionery; New Season Nas, Easter Eggs Many Novelties. High Exchange. Lowest Fonible Prices. BRITIS AMERICAN |CANDY STORE, 15, Pottinger Street.

HOUSES TO LET.

FELIX VILLAS Pokfulam

Fimmerliste cccupation. Charming

Modera Residence at Moderate Rental. Fino Views Garage. Children's playground. Frequen Bus Service. Apply A. Josapa," Property Offics, Tel. No. 20910.

B

925

►ISNEY VILLAS in extensive private grounds. Commodious busas somi-rletached. Holera sazîta. tion. Tennis court. Very quiet and healtby locality. Access to xes from own grounds. Moderate rentals. Apply J. E. Jomophy Property Dept., Princo's Building. Tel. 2010.

#

YOU

(926

ARE INVITED TO INSPECT OUR

STOCK OF

ASIATIC, FOREIGN AND COLONIAL

POSTAGE STAMPS In SETS, SINGLE PACKETS,

BAGS and in APPROVAL. SHEETS.

GRACA & CO.

Dealers in Postage Stamps. Philatello Goods, Picture Postcards Toys, &c.

No. 18, WINDHAM STREET, F.O. Box No. 821. HONG KONG.

Established 1896

AGENTS WANTED.

PRIVATE CHRISTMAS GREETING CARDS. GENTS WANTED by the LARGEST and FOREMOST Publiaber in England. Firm of highest spate; established over quarter of a century, BEAUTIFUL Sample Book of magnident exclusive designs FOST FREE to bonn Bde.Agents. 6/- will be charged for Bample Hook if business secured is under 21. HIGHEST COMMISSION Postage Paid on all ordern. JONES, WILLIAMS &Co., Dept. 20 Victoria Works, Preston, ENGLAND.

ENSIGN

Auto-Kinecam

Cine Cameras

& Projectors Developing, Printing & Enlarging

ONE DAY SERVICE. –

A. TACK & CO.

23, Des Your Boad, Central.

Courtesy, Comfort, Service

and Luxuries of Modern Hotel

Construction

THE HOTEL RIVIERA

MACAU

Cable Address:-" Riviera, Macau.”

PRE-PAID

北

Edited by TANG LEANG-LI

THE PEOPLE'S TRIBUNE Bing at conveying accurate information and the correct interpretation thereof. at infarming the foreign public what the Chinese people and their respon sible leaders are thinking and doing, at explaining the significance of mayor political and other relevant social developments conscious of its responsibilities, without fear or prejudice. Being China's mot authoritative periodical of its kind, the articles are not only reproduced and commented upon by the various English-language publications in Shanghai and elsewhere in Chins, but also translated into French, German, Malay, Dutch, and other languages throughout the world, and Occasionally cabled over in full to Europe and America.

THE PEOPLE'S TRIBUNE enjoys the largest circulation of any Chinese periodical published in the English language containing many outstanding features, including &

-with section, dealing

finance, commerce, art, and also a pictorial department, it equals in style and

content the best current magazines of the West.

"FORTY CENTS THE COFT Subscription rates: In China

Eight Yuan per annum, In Hongkong Ten Dollars, Abroad Fire Dollars (Ü, B,

Currency), For Advertising rates and further particulars please apply to:

HONGKONG DAILY PRESS. Publishers("Cina United Pazas,

Shanghai.

LOCAL MAPS

Peak District,

Kowloos,

Victoria, New Territories.

MONCKONG DAILY PRESS.

ADVERTISEMENTS.

The following dasal of advertisements fire charged at the price given below:-

SITUATIONS VACANT. ---

HOUSES AND APARTMENTS WANTED)."

HOUSES AND APARTMENTS TO BE LET MISCELLANEOUS. WANTS.

When so required replies to box number will be posted to advertisers daily. Extra štampe for postage should be remitted.

All advertisements must be authenticated by the name and address of the sender

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 MÁY BE USED.

Address

ADVERTISEMENT MANAGER,

11, Ice House Street, or P.O. Box 1

LAMMERT BROS..

AUCTIONEERS.

com.

BIG CHANGES

its formal business of the nominato a number of reasons. These tion of a liquidator, he proposed included interference by Govern- to give some information con- ment regulation with the

business ordinary cerning the history of the company's pany and the present position of America and elsewhere, errors of

market Its assets and abilities.

He, however, thought it right to say that the information, that he could place before the meeting that day regarding the assets and the liabilities was by no means complete. Indeed, he had not received any statement of the company's affairs.

judgment a6 various

25

파

Over-

PUBLIC AUCTION.

[HE Undersigned: 'havs- received.

Instructions from

P. JACKS, Esq...

TO SELL ST

PUBLIC AUCTION

DX

WEDNESDAY,

APRIL 17, 1935

COMMENCING AT 10 A.M.

Ar No. 526, THE PEAK

A QUANTITY OF VALUABLE HOUSEHOLD

FURNITURE

ONE PIANO

ÖN VIEW FROM TUESDAY, Tæs 16tæ APRIL, 1988.

TERMS ——-CASH ON DELIVERY,

LAMMERT BROS.,

AUCTIONEERS

PUBLIC AUCTION

periods in all commodities dealt In The Government with by the company, losses the option market, and trading. Mr. Strauss had stated

It is now definitely understood that he was prepared to accept in Misterial quarters that there Mr. Lessing's views to the will be an extensive reconstruction

of the Government in the autumn,” causes of the fallure

Mr. Barwick Thompson conclad-writes a correspondent. But he would be able to place ed his address to the creditors by The posts which," I understand, before the meeting certain in saying: "I think it must be per-will come ander review are those formation which had been obtain-fectly obvious to you, as business filled by Sir John Simon (ForeignTHE Undersigned have receivel ed by the special manager, and he men, that some steps should have would give an approximate idea been taken some drastic steps of the liabilities so far 23 the in 1928 at the latest, to put this position, in 'this country was con-

company on 8 Arm Anancial cerned.

The company had also carried on a very large business in India, and he had no information con- cerning the position there regard

basis"

"It is perfectly obvious to me- of course it is easy to be wise after the event-that the business has been largely carried on, with ing the assets and liabilities. But the assistance, of course, of the He did know that on February 6 loans.

and guarantees

of

Mr.

IRRETRIEVABLY LOST

be received Information that an Strauss, at the expense of the official liquidator had been ap-creditors of the company.” pointed there, and he gathered from sixch Inquiries 8.5 that Liquidator had been able to make that there were very heavy liabilities in India.

What the assets there were, he could not say. There had been a

The assets were estimated at £52,431, and a deficiency of £1,500,319 was disclosed in regard to the creditors. It was perfectly obvious, concluded the Official

Office), Sir John Gilmour (Home Secretary), Mr. Walter Runciman (President of the Board of Trade) and Sir Philip Cunliffe-Lister (Colonial Secretary).

No surprise would be express- ed if, in due course, each of these Ministers received the offer of, a peerage.

The future of the Prime Min ister is also the subject of keen speculation.

Mr. MacDonald, I gather, is anxious to continue at the head of the Government, but it is no, secret that there is a growing belief amongst the Conservative rank and file that he is working beyond his strength,

A ̃Nominial Head This has given rise to the sugges- tion that he should be relieved

petition to wind-up the company Receiver, that the shareholders largely, if not entirely, of the

in Bombay so far as the Indian capital had

lost. but business was concerned,

he understood that such petition.. had been adjourned."

The Official Receiver emphasised that the figures that he intended giving related to the company's business in this country alone.

REGISTERED IN 1915

The company was promoted by ME. A. Strauss and was regis tered on April 14, 1915, with an original nomina!

od capital £50,000, divided into £1 shares. That capital was increased in June, 1923, to £500,000 and, at the date of the winding-up, the issued capital was £251,000.

been irretrievably oversight of Departmental work

and continue merely as the nominal head of the Government

There is no intention, in the re

Instructions

TO SELL BY

PUBLIC AUCTION

он

WEDNESDAY,

APRIL 17, 1985

COMMENCING AT 2,30 ́P.M.

ÁT THxin SALES ROOM, No. 85, HANKOW BOAD, KOWLOON,

A QUANTITY OF VALUABLE HOUSEHOLD

FURNITURE.

and

A FINE ASSORTMENT

No questions were put to either Mr. Strauss or Mr. Lessing, and the meeting decided to appoint shuffling of portfolios, to change OF ALABASTER STATUES Mr. Russell Kettle, of Messrs. the political complexion of the Deloitte, Plender and Griffiths, as Government. An All-party Go iquidator. Mr. Russell Kettle had vernment is regarded as essential.

Mr. Baldwin's frank confession already been acting as special at Chelsea that the Conservative manager.

It was also decided to appoint à committee of inspection, consisting of representatives of Frank Fehr and Co., W. H. Pim, Junior and Co. Faure

O VIEW FROM TUESDAY, Tax 16TH APRIL, 1935.

Party could not win a clear majo ity at the next election has in- deed intensified the eagerness of its supporters to co-operate at the TERMSASH ON DELIVERY. polls with Liberal Nationals and. Blattman and Co., National Labourika Goodlake Nutter and Co. the Mercantile Bank of India, and the Chartered Bank of India,

The meeting of the shareholders, which immediately followed the creditors' meeting, was merely formal, except for a short state- ment by the Official Receiver, who said: "This is clearly a creditors

2 share- Equidation, and not holders' liquidation."

Even so, however, it is recognis ed that unless the Government is sensibly strengthened it will in- evitably meet the fate of all lethar. gic Governmente in the past.

The warnings at Wavertree. Putney and elsewhere cannot be overlooked, y

LÁMMERT BROS., AUCTIONEERS

BY ORDER OF THE" MORTGAGEE

LAMMERT

Even at Seaham, the Prime "Minister's own constituency, there are predictions of a sensational turnover of votes at the next Mass Blection

Of that, 215.000 shares were held by Mr. E. A. Strauss, 33,000 by Mr. Lessing, another director, and the remaining 3,000, bo far as he had been able to ascertain, were held by three other directors and were their qualifications. At the date of the winding-up the directors were Messrs. Lessing, among whom was Mr. Strauss, Men For Promotion Strauss, Hurst, Mendi An- decided to agree to the appoint- drews. According to the comment of Mr. Russell Kettle pany's records, there was a credit liquidator."

and

of more than £15,000 th favour of Mr. Strauss, and of more than £9,000 to Mr. Lessing as at Janu- ary, 1935

The shareholders,

prominent

THE DUKE OF GLOUCESTER

Maanwhile, in the hope of stem ming the tide of reverses, the Gov erament's advisers are looking round for men who could streng then the personnel of the Cabinet

Many names are mentioned.' Among those suggested for pro motion are Bir Kingsley Wood, "It is very doubtful whether

the Postmaster-General; Mr. An- these fees, which were credited to

thony Eden, Lord. Privy Seal: Lord De La Warr, the Parlia the directors Tees reserve account, are justified, and the validity of

mentary Secretary to the Minis- London, March 30. these claims, would appear to be

try of Agriculture; and Mr. Weeping skies have greeted the Ormsby. Gore, the First Commis questionable,” added the Omcial Receiver. Although they were from at least two of his journeys

Prince of Wales on his returnsioner of Works

It is understood that the recou credited to the account, they were to distant parts of the Empire, but struction of the Ministry will be never, in fact, drawn by the when the Duke of Gloucester came completed shortly after the main directors.

back from the Antipodes the sun business of the prezent session has The business appeared to have was shining on London with all been disposed of been controlled throughout by Mr its might. The King, noticing

Lessing, with the assistance of Mr. Hurst since he became manag. ing director during the years 1926 to 1932. Apparently Mr. Strauss, who was the promoter, had not taken any active part in the management of the business nor did it appear that he kept in active touch with the business In recent yearS, EN

(Specia) Air Mall: Service): "

how it, brightened the decorated platform at Victoria Station, dis

BROTHERS

have received instructions to sell.

BY PUBLIC AUCTION

THURSDAY

THE 18TH DAY DY APRIL, 1935..

At 3 P.M. IN 7 AFTERNOON AT THEIR AUCTION ROCK, «No. 4, DUDLELE ŠTERAT, Victoria, Hero Kono..

LE IN TWOʻLOTS

The following properties:

Lot 1-Inland Lot No. 3851 Together with the three storied European style semi-detached house built of reinforced concrete thereon known as Bo 2 Dr. gon ferrace held under the Crown for the term of 25 years renewable for s. further term of 25 year

abused Mr. Lyons, the Australisu fine and they pressed forward it Prime Minister, of any fancy that was through glass windows tant Area 468 Muare foot or there it was typical when he said that they saw the King in Field Marabouts Annual Crown Bent $18.00 it was three years since he had shal's uniform and the Queen in a Lot 1-New Kowloon Tuled Lat attended any such reception at summery frock of pale greyBo. 871 Together with the European Victoria in fine weather. This was pre-eminently the Duke style dwellinghouse built of reinforced

The hundreds of people who of Gloucester's day. The oroyd concrete berson, known a No gathered along the approach to was to welcome him. The crowds Kent Boad held under the Crown for the station waiting patiently for cheered him well all the way from the term of 75 years renewable for a..

toria | further term of 14 years lasa 3 days. the long-overdue trains the the station, by

A10,888 are feet or there anabouts Annual Crown Rant $48.00,

1 Ken and Conditions of Bals

3. "INSOLVENT". IN 1928 escort of the Lifeguards arrive, led Street Whitehall

It was perfectly obvious from the gares, added the Oncial Receiver that the com my was hopelessly insolvent in

Mr. Mendi, and Mr. Andrews asserted that this position was that of

employees and

that they were

directors They were

the hand of the Irish Guards to the great gates They recognised Mr. J. H. Thouias Palace before wh the notable people who drove past waiting Nome time before the Princesa first official Royal and Lord Harewood the Tw

would the-balance-sheets, and never at Büts

Arthur of Connaught at

hey live! the King and Queen Duke,

in an open carriage and

BITS Tan sidng the

MERRIKO LAMMEREBROTHERS

Jazzekioneers