1927-03-30 — Page 12

HOTELS.

THE

HONGKONG

HONGKONG HOTEL: REPULSE BAY HOTEL: PEAK HOTEL Telographie Address: "KREMLIN, HONGKONG.

AND

SHANGHAI

ASTOR HOUSE HOTEL; PALACE HOTEL;

MAJESTIC HOTEL

Telographic Address: "CENTRAL, SHANGHAL

HOTELS.

LIMITED.

In association with the Grand Hotel Des Wagons Lits, Peking.

KING EDWARD HOTEL Meals can be had as follows:--

Breakfast. 7.30 a.m.-10 a.m. $1.00 per Cover Tiffin ... 1.00 p.m. 2 p.m. $1.00

Dinner ... 7.30 p.m. 9 p.m. $1.25

1 71

Nothing to equal it at the price in the Colony

CENTRAL LOCATION

Electric Lifts and Lighting.

Telophones on each floor.

Hotel Launch moets all Steamers.

TELEPHONE: C. 373.

TEL. ADD. VICTOR.A.

J. H. WITOHELL, Manuger

HOTEL SAVOY

When in doubt, make it The Savoy I

KOWLOON HOTEL

PREMIER HOTEL IN KOWLOON Modern Toilet System.

Elevator and Telephones to each floor. Smoking Room and Saloon Bar. First Class Billiard Table

Recently renovated throughout.

Manager's Personal Attention

Tela, K, 608-609.

Cables KOWLOTEL. HONGKONG

WM. HAROLD PERRY Manager

PALACE HOTEL,

Tel Address "PALACE.” Tel. Kowloon No. 8

Three minutes from Kowloon Wharf, Ferry and Railway Station. Entirely undar English Management, Electric Light and Fans throughout Every Room with Private Bath. Lounge, Bar and Billard-Rooms. Unrivalled" Cuisine under the personal supervision of the proprietress. Tomas moderate. Special torma 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.

If you require Provisions, Wine and Spirits, Bweets, Cigars. Cigarettes. Tobacco, amoking requisites, Books, Papers, and Toilet Articles etc., you expect to buy the best quality and of undoubled purity and freshness. Wa supply those at moderate prices to all who make their purchases, and in addition we guaranton a courteous and obliging Barvico,

An inspection of our store la cordially invited-New stocks jaut arrived. PASS BOOKS will be issued on application,

EMPRESS STORE

Telophone K, 156 Telephone K. 626

Vicente Atienza & Co.. General Managers,

64, Nathan Road, Kowloon,

FOR SANITARY, FITTINGS AND BUILDERS' MATERIALS Inspoot our Stocks.

Estimates Troe for Sanitary Engineering and Building Materials

GAY KEE

69, Des Voeux Road, Central,

Tel.-C. 5503,

THE HONGKONG TELEGRAPH,

OVER 200 MILES PER HOUR!

WEDNESDAY, MARCH 30, 1927.

Entertainments.

We unreservedly recommend

SUCCESS

which is showing TO-DAY & TO- MORROW as one of the best pictures we remember seeing for a very long time.

THE MANAGEMENT OF THE QUEEN'S

The above picture of Major E. 0. D. Segrave; who has just established a new speed. record of over 203 miles per hour on Daytona Beach, Florida, was taken as he was seated in his 1,000 h.p. Sunbeam car in which he put up the record. The car was built at Wolverhampton..

CEMENT COMPANY.

The Chairman: On December to Macao to take charge of the | 31st, 1926, $260,655.13.

Mr. Croucher: How much has office there, so as to leave the been expended on those works Superintendent more time to during the last 14 years?

supervise the running of the

Tte Chairman: $197,018.34 on buildings and machinery and factory, $6,892.50 on land.

(Continued from Page'1.),

ferred the sum of $140,474,85 from the "Reserve for New Plant" to

Mr. Croucher: Why should you buildings and machinery, thus What has been the nett cutcome create new posts in times like writing down, after allowing for of those works during this period these. It was not considered sales of old machinery, etc., the of fourteen years- profit or a present old plant at Hok Unto loss?-A profit of $51,041,02, necessary when the Company was $186,364.79. This figure is a con- That is very small, is it not?-properons. Why now? servative one, for although the That is matter of opinion. The Chairman: Our works at

plant is very old, the buildings are Times have been very bad recent- In good condition and will be re- ly. quired when the new plant is erected.

Abandoned Scheme.

Macao have been considerably Mr. Croucher: It is the feeling enlarged..

I

of the shureholders that this) How often, asked Mr. Croucher, branch of our business should be during the period under review closed down, and in view of the have the directors personally You will also notice that we fact that the recent reports of Inspected the works at Macao, have transferred from the "Re- this Company's yearly working Deep Water Bay, and Hok Un and serve for New Plant" a further show that Deep Water Bay is los-what is the last date upon which sum of $34,525.15 to write off the ing money, will the directors each of these works was preliminary expenses for the pro- please give this matter their early inspected?

60

posed new plant at Tsun Wan, and earnest consideration with a Mr. Showan: All three works this proposition now being con-law to closing down this part of have been personally inspected by sidered an altogether too costly the Company's operations?

one or more of the directors. The Chairman: This matter is undertaking. On the other hand,

Hok Un Management. we are glad to say that the Goalready receiving the directors' vernment have withdrawn their attention, but I feel it would be a

Mr. Croucher: The Manager objection to our remaining at Hok serious risk If we closed them of the Hok Un' Works has recently Un so long as we eliminate the down. We should lose our good-returned from Home leave. smoke and dust nuisance, and this will, and when things return to we can do as it has already been normal we should be behind in thol whom were, his duties performed

during his absence?' successfully carried out by a race. It would need the training cement works situated right in the of new men if we re-opened. middle of the city of Glasgow.

By

The Chairman: By Mr. Pooley, who was then assistant works manager.

The Macao Extension. I much regret that our Deep

Mr. Croucher: Where is Mr. Mr. Croucher: It is reported Pooley now? What salary doos Water Bay works show such a heavy loss for the year, but the that the two mechanical grate he draw? When does his agree demand for the articles manufac-kins now erected at Macao were ment expire? Will it be renewed tured there has been practically first erected at Hok Un. 19 this on expiry?

tember.

nil. The brick kiln is, however, so-Yes, upon arrival in Hong- The Chairman: Mr. Pooley is now turning out bricks at a cast kong the two kilns were erected in England. He was given aix which should enable us to compete at Hok Un, but they have since months pay to cancel his agree- when the building trade recovers been transferred to Macao where mont and for this sum is working from its present stagnation. We they were waiting re-erection. as our technical adviser at Home How much was expended on until next September when, bis also, as you will notice from the Accounts, suffered serious losses them from the time they were agreement expires. It is not in- there both from the rainstorm of ordered, shipped and erected, attended to renew Mr. Pooley's July last and the typhoon of Sep-Hok Un?-The cost of the two agreement, but it is our present kilns erected at Hok Un and since intention to re-engage him when Interest for the year has been a delivered at Macao was $126,000. we Are ready to erect the new

Why were they dismantled?-plant at Hok Un. drain upon our resources, due to

Mr. J. Scott. Harston seconded the fact that after paying the diviTo allow for the demolition of the

the adoption of the report and dend for 1925, our overdraft in Aalborg Klins..

Mr. Croucher: What was the accounts, and there being no creased to nearly 8 lakha, but this i was reduced at the end of last contract time for erecting the further questions, the resolution, year to 4 lakhs through it being kilns at Macao? Is it true that was put to the meeting and un-

the contractors took double that animously carried. unnecessary to purchase raw ma-

Other Business. terial during the year, and should time and that owing to faulty similar conditions continue we ex-Construction of the new works at Macao, further expendi-

pect the overdraft will be liquiture was incurred in re-build- Mr. Bagram proposed and Mr.

dated during the current year,

Sundry creditors standing in the ing same or part of same? Did Fornandez seconded that Mr. J. accounts at $48,217.82 have since clause for non-completion. The

the contract contain any penalty Scott Harston and Mr. Allan Cameron bo re-elected to the Was been practically all paid. Invest-nal cost of these kilns, is said Board of Directors. This ments at $714,666 remain untouch-to be $711,000 odd. How is this

ed.

Limestone Stocks,

made up?

The Final Cost.

carried.

Messrs. Linstead and Davis and Messrs. Lowe Bingham and Matthews wore re-appointed audi- tors on the proposition' of Mr.

Kitchell.

There was no other business.

Value of stocks of raw materials The Chairman: There was no Coulthart, seconded by Mr. 0. at Hok Un are redüeed by about contract time as we did the work 4 lakha, no limestone having been ourselves superintended by purchased last year. The stock Mesars. W. S. Bailey and Co. The of limestone, which is now about estimated time for the completion= 124,000 tons, was checked by of the Rotary Grate Kilns at Messrs. Palmer & Turner during Macho was 18 months, but owing t 1920, and I am pleased, to report to numerous delays in the material| that their computation of the stock coming forward, local conditions, showed that our estimate was a etc, it was two years before they conservative one.

were finally completed. The only To sum up and make the posi-adjustments made after the build- tion quite clear to you, we haveings were completed amounted first of all finished with the old to two or three thousand dollars.

DURING THE PRESENT ORISIS, Aalborg, kilna. Secondly, we are The final cost of the completed

MANY LOCAL RESIDENTS HAVE | replacing these by a modern fac-plant was $743,017.58..

Mr. Croucher:" Was it neces-INSTRUCTED US TO MAIL A tory at Macao, and, thirdly, we have cleared the ground at Hok sury to have Messrs. Bailey super-DALLY. COPY OF "THE HONG-" Un in readiness for the installa-vising, Are none of our staff KONG TELEGRAPH" TO FRIENDS tion of the latest rotary kids as qualined?

soon aa funds become available. The Chairman: All our men I do not think I have any far, are experts, but though they ther remarks to make and I there occasionally gave attention, they fore beg, to propose the adoption were too busy at other things. of the report and accounts as pre-js New Maceo Post. aented and when this has been

seconded I shall be pleased to Mr. Croucher: Has a new post, answer to the best of my ability namely that of sub-manager at any questions that shareholders Macao been created during the period under review? What may wish to put.

necessitated this new post and Mr. Croucher and Deep Water Hay, what previous experience has this

Mr. Crouchers What Capital new sub-manager had? outlay la represented in the pro The Chairman: Mr. Hayward, Printed and Published for the Proprietor by FREDERICK porty and Works at Doep Water who used to be in charge of our PERCY FRANKLIN, at 1 and 8, Wyndham Street, in the City of Bay?

Singapore Agoncy has been sent Vietoria, Hongkong..

THE CHINA CRISIS

ABROAD.

IF YOU WOULD LIKE YOUR

FRIENDS TO RECEIVE AUTHON- TIO ACCOUNTS OF EVENTE DAY BY DAY, SEND US INSTRUCTIONS AND WE WILL DO THE REST.

Rates-

British Empire...... per month. Foreign Countries....$4,20. per month.

..$3.60

WORLD

TO-DAY 8 TO-MORROW IRENE RICH

SILKEN SHACKLES

The very entertaining tale of an amorous wife whose one idea of amuse- ment was flirting.

STAR

LAURA LA PLANTE

in the

BEAUTIFUL CHEAT

JOHN ROCHE

CORNERED

KEEP FRIDAY OPEN!

PARAMOUNT SUPERSEASON

starts on that day at THE QUEEN'S WORLD & STAR.

THE QUEEN'S will show HAROLD LLOYD

FOR HEAVEN'S SAKE

THE WORLD will have RICHARD DIX

at

in

THE LUCKY DEVIL

THE STAR will be

TOM MEIGHAN

in THE

NE'ER DO WEL

THEATRE ROYAL

April 1, 2, 4, 8, 9, at 9.30 p.m. Matinee (Children Half-price) Wednesday April 6

at 4.30 p.m. You will not obtain the best seats by delaying your booking. Book NOW at Anderson's.

"H.M.S. PINAFORE"

"I am the monarch of the sea. The ruler of the Queen's Navee,