1926-11-12 — Page 12

Hongkong Telegraph 港電新報 士蔑新聞 All

THE HONGKONG TELEGRAPH.

FRIDAY NOVEMBER 12

YESTERDAY'S CEREMONY AT THE CENOTAPH.

HOTELS.

THE

HONGKONG

HONGKONG HOTEL: REPULSE BAY HOTEL: PEAK HOTE

Telographic Address: "KREMLIN, HONGKONG!"

AND

SHANGHAI

ASTOR HOUSE HOTEL: PALACE HOTEL: KALEE HOTEL; MAJESTIO HOTEL. Telegraphic Address: "CENTRAL, SHANGHAI.'

HOTELS; LIMITED

In association with the Grand Hotel

Doe Wagons Lits, Poking.

KING EDWARD HOTEL.

CENTRAL LOCATION'

ELECTRIC LIFTS AND LIGHTING," TELEPHONE ON EACH FLOOR/

HOTEL LAUNCH MEETS ALL STEAMERS

Telephons Central 373

Tolegraphicddress Victoni

KOWLOON HOTEL

Premier Hotel in Kowloon

RATES:- Daily $5.00 Upwards

Monthly $120.00 do

MODERN TOILET SYSTEM Elevator and Telephones to each floor,

SALOON BAR & BUFFET,

Manager's personal attention.

Tole: K, 608 & K. 609,

Tel. Address "KOWLOTEL" Hongkong

Tel Address:

Glenenly" Hongkong.

GLENEALY HOTEL.

84, Glenenly

A first class Residential and Tourist Hotel.

Wm. Harold Perry,

Manager.

Telephone C. 980. ↑

(Near Dairy Faria). Splendidly altunted with.

in easy walking distance of all business centres. Large airy rooms. Eat and Cold water. Excellant Cuisine under the personal supervision of the Proprietress Monthly and family rates at moderate terma

For further partículars apply to:

Tol, Kowloon No. B

.

MRS. FREDERICKS, Proprietress.

PALACE HOTEL.

1 Tol Address "PALACE." Three minutes from Kowloon Wharf, Ferry and Railway Station. Entirely under English Management. Electric Light and Fans through. out. Every Room with Private Bath. Lounge, Bar and Billiard-Rooms. Unrivalled Cuisine under the personal supervision of the proprietress.. Terms' moderate. Special torms to families on application to:

Mrs. J. H. OXBERRY. Proprietress.

EUROPE

After-dinner dancing every

Tuesday, Thursday

"

and Saturday.

Cables :-

** EUROPE".

Singapore.

HOTEL

SINGAPORE.

Grill

THE EUROPE HOTEL, LTD. Arthur E. Odell, Managing-Director.

MODERN METHODS

our business is conducted on strict business methods. and we take every possiblo stop to ensure that your orders are reliably fulfilled.

We employ English speaking assistants who will pay the utmost attention to your instructions, whether telephoned, given personally, or written.

Lowest Prices for Best Goods.

KWONG LEE STORE

ADDRESS: No. 5 Queen Victoria Street. (Eastern side of Central Market)

TEL. C. 798.

TEL. G. 798.

Take her to the Pictures!

Printed and Pablished for the Proprietor by FREDERICK PERCY. FRANKLIN, at 1 and 8, Wyndham, Street, in the City of Victoria, Hongkong,

The sounding of "The Last Post" at the Cenotaph ceremony in Hongkong yesterday. (Photo:

SHARE PRICES.

TO-DAY'S QUOTATIONS.

4

A. Fong)

CHINA PROVIDENT.

(Continued From Page 1)

Intercot $214,665.05, is "interest The following is the list of local sharo ^otations issued to-day-jearned, but it das not all been.

collected.

Banks. Hongkong, 1,170 5, Mrtered; a £21 b. Cheroantile A & B., £291 n. Mercantile C., 613 n. P. and O., 9 b. East Asia, $84 n.

Marine Ins,

Canton Ins.; 8630 b. China Underwriters, $1.50 b North China, Tla. 145 n., Union Ins., 2961.

b. Yengtsze Ins., $44 b.

Fire Ing."

China Fires, $200 Hongkong Fire, $610

Shipping Douglases, $29 n. Steamboats. $2713 Tugs, $1 b. Indo-Chinas, (Pref.) $32 b. Shell Trans., 90/ n... Star Ferriss, $67-78.. Waterboats, $15

Refineries.

China Sigars, $27} Malabone, $36

д.

Mining.

Benguete, $1.50 n.

Kailans, 38

8.

Langkats, Tis. 283 b.

S'hai Exploration, Tis. 4.50 b. Shanghai Loans, Tis: 9.00 B Raubs, $41 - Tronoha, 88

1.

b.

Ural Caspiane, 8). n.

Docks, etc.

b.

Kowloon Wharvos, $124 8. Whampoa Dooks, 359 Hongkews, Ta 177 New Engineerings, Tis. 6.60 b. Shanghai Dooks Tis. 125 b.

Lands, Hotels, etc.

H. and S. Hotela, $9.45.

K.K. Lands, $63, s. Realtys, $6.

Territorials, $48 Humphreys, $15.50

b.

8.

Princes Bldgs, $89

д.

Rural Lands, 81) n.

Coltons.

8.

Profit on sales of shares. $9,044 50, was on sales of China Under writers shares taken over lander 4 previous underwriting agreement Jon which we also received $10,000 commission, as shown in the 1924 Accounts.

THE INVESTMENTS.

In the balance sheet Invest ments, $314,848, consist of:-475 China Underwriters, 10,000 Hong kong & Territorial Entates, 29,726 | Sandakan Light & Power Co. Ltd.!

must remember that everything has been regarded frora the lowest. point of view and we have kept as far as we could on the safe side, so that we may fairly hope that any further change in values may be for the better.

11

I now propose that the report and accounts as presented; be has been seconded I will answer any adopted and passed, and when that questions from shareholders to the best of my ability."

Mr. Wong Kwong-tin seconded, Mr. Croucher:-Because that has been seconded, it doce not pre- clude shareholders making claims

Entertainments.

2.80, 5.10.

Queen's

7.15, 9.20

What lies beyond the door?

ROLAND WEST S

production

The

MONSTER

Trom the stage success by CRANE WILBUR

WORLD

WHA

THAT, does it mean? Who can solve it? You'll “keep guessing unelt the very end. Ro mante, comedy, thrills they're all In this great mystery. picture.

DithLON CHANEY JOHNNY ARTHUR

Metro Goldwyn

STAR

against the General Managere. To-day & To-morrow 5.15 to 8.45 and at 9.20.

The Chairman-No.

AN AMENDMENT.

Mr. C A da Roza moved an

The Sandakan Light Company's amendment to the report and shares were underwritten by us accounts, proposing that they be for a commission of $23,726 which adopted and passed subject to the

elimination has been written off the cost of

of the Reserves these shares. The late manager that in substitution of such re- amounting to $2,351,915.66, and had arranged for these shares to be taken over from us by a syndicate serves, the following provisions be of Chinese bun this fell through ande, that is to say, to write off owing to the money, stringency property, $967,296.66; to write off brought about by the boycott and investments, $144,915.50; to trans- we were left with the shares on ou. ful loans, $1,067.080.18; and to fer to reserve for bad and doubt- hands. But we are not anxious" about these shures, as the Com-

transfer to general reserve,. pany is now working at a small $503,820.16, making a total of profit and seems to have good $2,683,111.50, prospects.

tion Committee's report.

Mr. da Roza explained that Sundry Creditors, $1,424,929.43 with those given in the Investign- these figures were in accordance has been reduced to about $968,-* 000, and Sundry Debtors from $270,804.35 to about $33,000.

Mr. J. M. Alves seconding, The amount of $9,920,62 against holders, having gone carefully said: I can assure share- Capital Trust Fund is what was into the Company's assets and due to the Employees' Provident with my knowledge of market [Fund,

values of local Kowloon Inland Lot 1992 was in general, and with our own ex- properties obtained from the Government for periences of making loans without the purpose of a timber yard, 4s security, I am of opinion that we there was a strong demand for cannot do anything better than to storage space for timber until the adopt this amendment. end of June when conditions were, shareholders, the nomial value of entirely altered.

our shares does not matter very much after all. What we want to know is how much they are worth.

As

LOANS.

To us

the loans to Mr. Shewan in the market. and Messrs. Shewan, Tomes & Co., By putting now, Mr. Alves con

I must point out that these loans tinued, our Company's affairs on

have been running for years past, a strictly sound and commercial and as a money-leading company, basts we would certainly be sooner

5.15 & 9.15

MARY

PHILBIN

in

W.J. Locke's

Famous Story

STELLA

MARIS

To Bob or Not to Bob that is the question. answered by

MARIE

PREVOST

BOBBED

HAIR

A Tale of Love and Locks;

Thrills-Drama Adventure

Comedy-Romance Supporting Cast includes LOUISE FAZENDA

and

KENNETH HARLEN

THEATRE ROYAL

we were glad to have them; they in the happy position of being abl. THE HONG KONG A.D.C.

brought good returns to this com-to pay the regular dividends again. pany in former years and were After all, that is what we are all Ewos Cottons, Tis. 10.25 b. more than fully secured" when the out for. Orientals, Tie. 3.10 b.

strike commenced.

The amendment was carried, S'hai Cottons, Tis: 54

The loans to Mr. Tong have just four directora voting against. bean raported upon by the Investi- Mr. J. P. Braga proposed the gation Committee, and therefore, I name of Mr. C. A. da Roza as Ho not comment upon them now. Chairman, when the election "of The loansite the Hongkong and the Consulting Committee was con- Territorial Estates, Ltd, was part sidered.

Buses, Trams.

f..

China Bases, $9. b. Tramways, 24 Peak Trams, (old) 8152 n.. S'poro Tractions 15/ Taxis, $2 B

Miscellaneous. Amusements,#814.75 b. Canton Icas, $5.

Coments (Comb.) 811 s.

n..

China Lights, 8217 China Prov., 85.95. Constructiono, $17 Dairy Farms, 819 n. Der A. Wing, $6. H'kong Electrics, #61

Macao Electrice, $35. m. Ropes (Comb.) $266..

Lane Crawfords, $8 n.

n.

Mackintosh, 819 Sinceres, 8918. United Asbestos, $20 Watsons $14.50 Powells, $61

BA,'

11.

TO-DAY

Dollaron demand Lighting-up

sa.

1/11 1/16 35.42 p.m.

of the conditions when they bought Mr. W. Morley proposed the the land from us. It is secured by nanics of Messrs. C. A. da Roza," two mortgages and now stand at C. B. Brooke, Van Ufford, T. G. $676,500,

Weall Sum Pak-ming, and J.H.. Taggart

AUDITOR'S REPORT

Season commences

TO-MORROW NIGHT

at 9.30 pm, sharp.

Tickets should be booked at Anderson's without delay.

Mr. E. H. Symonds, who was

Mr. Van Ufford declined to Lowe, Bingham and Matthews be In the Auditors Report it is stand, and Mr. T. G. Weall, who elected. He explained that his managing director of Reville, stated that they have not seen satis- was almost inaudible, said that resolution was made in no sense Limited (now in voluntary liquida factory vouchers for $112,946 dis- he would not stand.

In a spirit of cavil.

tion), has arranged to purchase ali

title of "Reville, Limited."-

bursed during the strike. There Sir Robert Ho Tang, and Mr. An unknown seconder said that the properties, stocks, and good- is a complete set of vouchera for Tin Ling were nominated, and these disbursements, but they are finally the Consulting Committers dual control was never satisfie will of Reville, London and only signed by the late manager and was elected as follows:-Mr, C. A. tory, and they were effecting Fatis," with the object of forming others, who owing to the absence da Roza, Sir Robert Ho Tung, Mr. economy.

a new company under the existing of the usual staff, had to take the C. B. Brooke, Mr. Sum Pak-ming. Mr. Seth said he did not know y inoney down to the Godowns, and Mr. J. H. Taggart, and Mr.Tin these vouchers are therefore not Ling. satisfactory in the opinion of the auditora. The money was drawn

AUDITORS RE-ELECTED.

what the last speaker knew about There was an outbreak of fire

audits. He did not suppose that in H.MS Queen Elizabeth in he had ever anything to do wit, Portsmouth Dockyard, · · cotton The Chairman proposed the roaccount auditing. He was not waste in the engine-room becoming by the late manager principally to election of Messrs Linstead qualified to speak as he had done. igalted. The damage was only obtain outside labour and assistance and Davis as auditors. He thought The amendment was put to the Blight and was confined to the bot during the strike, and doubt that it would be agreed that they meeting, 20 voting for and 20 tom of the ship.

less had bo lived he would have had satisfactorily answered the been able to give the auditors full charges against them. details of this expenditure. M

Mr. Henry Humphreys second- I think I have now given you all, ed."

the explanations I can of a dis- Mr. C. A. da Roza, proposed an astrous slate of affairs, but you amendment, moving that Messrs.

against. The Chairman used his

casting vote against the amend

ment. Messrs. Linstead and Davis that the wheat harvest of the Aus--

Present conditions indicated were then re-elected.

trattan Commonwealth will yield There was no other business,140,000,000 bushels,

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