1930-03-19 — Page 5

Ground Brandies Cat

Skrip

THE HONGKONG TELEGRAPH,

Good News for

Mothers!

We are opening a special Department in order to cater for the "Wee Tots."

BABY'S WEAR A SPECIALITY..

DRESSES

SOCKS

HATS.

All of the very latest.

EVE

KAYAMALLY BUILDING ENTRANCE GORDON'S

This handsomest of peri merchandise saves money

The phenomenal success of the W. A. Sheaffer Pen Company has been in good measure due to this remarkable deak equip ment. The Lifetime" desk fountain-pen set! It is a Sheaffer origination. The universal folding ratchet-lock sockets, free of all spring grips, allow pens to release instantly without ink splutter. Always in place. Speedily save their cost by eliminating lost motion and trouble. With pens guaranteed for a lifetime, this most beautiful desk equipment now becomes a desk necessity.

"Lifetime" Desk Forentaku-ben Sax for home and office—also "Lifetime" pers and pencila iu grum, black or block and pearl De Luxe-at better stoves everywhere. Bluz Cap Loads in the banky 16

box. Sheaffer's Strip - Successor en ind makes all pess units becom

THE SUN CO., LTD.

DISTRIBUTORS.

SHEAFFER'S

PENS PENCILS SKRIP

W. &. ENRAYPER FER 02, PORT MADISON, IOWA, U. 8. A.

- Álmoky she Zábalan pon by this

WEDNESDAY, MARCH 19, 1930.

CEMENT COMPANY

DEVELOPMENT.

(Continued from Page 1.)

Enthusiasm.

W

Have you ever heard a dyspep tlo give thrée rousing cheers for anything? Is the man with a tor-

equal, if not better, than any impid ilver ever an optimist?. If

your brain is sluggish because of S ported cement produced under a clogged system how do you ex- modern methods.

pect to take a real live interest in daily affairs?

New Plant... The troubles

of our technical staff in regard to old machinery, will, however, soon be removed for as you have been informed at the extraordinary general meeting held on the 5th February last we have purchased from Messra. Vickers, Armstrongs, Ltd., an entirely new plant, which we hope will be in operation before, the ́middle of next year, The kilns, machinery, etc., for the how plant will all be of the every latest de sign and or. Britial workmanship. throughout. With the new plant in stalled and operating warshall be able to market our product at rates enabling us to competę suc-|- cessfully in every market open to

us.

A dainty laxative, certain in action yet mild; a gentle liver stimultant; Pinkettes will clear look, sive new zest to life. Che- your system, brighten your out-

mists everywhere sell Pinkettes, 60 cents per vial..

LOCAL RADIO.

TO-DAY'S PROGRAMME OF RECORD MUSIC,

pany:

10.30 pm. Close down.

To-day's Broadcast by Z.B.W. on 355 metres

Wireless Programme,

for Dance records by courtesy of 15.00-6.00 p.m. Programme of Vic Messrs. Tang Fook Plano Company; 8.00-7.00 pm Chinese programme. 7.00-9.00 p.m. Experimental pro- Bramme

9.00-10.30 p.m. Europosa pro- The whole plant, will be elec-of Messrs. Tsang Fook Piano Com- gramme of Victor records by courtesy trically driven and in this con- nexion I would like to mention that we have entered into a very favour- (able contract with our friends the China Light & Power Co. (1918) Ltd., for the supply of electrical energy. Your Board, however, realising that it may possibly be more economical for this Company to generate its own ekerigity, time in the future, have entered into this contract for a period of only five years, after which period the whole situation vis-a-vis electrical energy will again be reviewed.

some

New Premises.

1/6

22.

29

47

OUR BRITISH CROSSWORDS

Across

1. Weak.

6 Verse.

11 Revolving. 13. Vow.

14 Grant back.

جو

47 Three footed stands.

48 Worship,

49 Beam of wood.

50 Harmonics,

51 Lecrs.

2 Vulcanite.

Down

3 Newly married woman. 4 Mislay.

$ Chooses. 6 Brigand.

nevertheless, that we cannot make 15 Die. big profits with the existing obso-16 Stay. lete plant at Hok-Un.

19 Flower. mention that during the year 1929, 23 Intro

In conclusion I would like to 22 Short letter.

Introduce. the Company's Chief Clerk at our 26 Fun Hok-Un Works, Mr. P.F.C. Prata, 27 Welcomes. who had been with the Company 29 Shut off.

28 Complied with. for the past 38 years, retired on 32 Free. account of ill-health and your 36 Layer. Board, anticipating your approval, 37 Stove. granted him a pension of $150.00 | 40

40 Departed. Deep Water Ray Property...

per month, a pension which I am

41 Sour sure you will agree has been well

43 Cloth. The Board have been consider-earned by long and faithful ser-

44 Small ring. ably exercised in their minds as to rice. what to do with your Deep Water Bay property in connexion with which they had intended calling This is probably the last occa for tenders for the purchase of the ston on which the annual general works either as a going concern.meeting will be held in this build- or for the building and machinery ing, for the Secretary and his; to one purchaser, and the land to staff, in accordance with the deci- another. The property is, how sion of the recent extraordinary ever, held on a lease from the Go- general meetings in reference to vernment, the terme of which re- the General Managership, are strict a free and prompt realiza-moving at the end of this month tion thereof, but negotiations will to Exchange Building where suit- be continued with the view to able offices have been procured. I obtaining the best solution now formally propose that the re possible, but whatever may be the port of the Directors and accounts ultimate result of such negotia for the year ended. 31st December, tions, in view of the decision to 1920, as presented, be adopted and cease the manufacture of bricks that the allocation as recommend- and tiles etc., it is proposed to selled by your Directors be adopted the buildings, machinery, stocka namely: To pay a dividend of 30 cents per share on the uld shares, $120,000; to pay a dividend of 4 cents per share on the New Shares, $16,000; to carry forward to credit of next year's account, $100,999.63; and I shall be obliged if a shareholder will kindly second such proposal, after which I shall be pleased to reply to the best of my ability to any questions in con- nexion with the report and ac- counts that shareholders may wish to ask.

etc.

"Your Board have not reached this decision without reviewing the whole situation most carefully in which the enormous loss suffered by the Company since the incep- tion of the Works in 1896 and the apparent impossibility of this section of the Company's business being successful in the future, carried due weight. These losses amount to $470,369.30 and we think it will be generally agreed that what we propose doing is in the best interests of the Company.

The only important change in the Company's balance sheet is the item Fixed Deposit $400.000.00, which does not figure in the assets at 31st December, 1929. This sum was remitted to London at a very favourable rate, as initial payment on the signing of the contract with Vickers, Armstrong Ltd.

Cost of Plant.

+

It is hard at this stage to tell you exactly what the total cost of the new plant will be, but we do not anticipate it will cost us much than £270,000. A great deal, how- ever, depends on the work in con- nexion with the foundations, so the figure mentioned is naturally only an approximate one.

tu

about

Mr. A. L. Shields seconded the adopted without comment, report and accounts, which were

Other Business.

Mr. R. G. Shewan and Sir Ro- the Board of Directors bert Ho Tung were re-elected to on the motion of Mr. V. A., Croucher, seconded by Mr. H. Dreyer, and Messrs. Linstead and .Davis, and Messrs. Lowe, Bingham and Mat- tors, on the proposition-of Mr. thews were re-appointed as audi- G. A. Moxon, seconded by Mr. O. Kitchell.

Mr. C. A. Da Rosa presided, sup- ported by the following Directors: Sir Robert Ho Tung, Messrs. J: H. Taggart, J. Scott Harston, Li Tse Fong, E. F. Mendham, and Allen I do not know if you expect me Keith (Secretary).

Shareholders say anything

the

present were: prospects for 'the present Messrs. H. Dreyer, A. C. Botelli, year on which the Board certainly N. Braga, G. A. Moxon, A. L do not care to prophesy, but it is Shields, Seu Kon-chi, O. Kitchell, obvious that the present level of E. Sadick, M. A. Figueiredo, F. E. exchange should assist our local | Silva, C. S, Remedios, N. V. A. business as much as our export | Croucher and the Hon. Mr. J. P. business, but it is advisable to add, Braga.

7 Units. 8 Urged. 9 Promptly. 10 Jumped.

7

12 Lingered.

17 Produced from Borax.

18 Irish river.

20 Era.

21 Appearing.

29 Employing.

24 Cat-like animal.

25 Red (French).

20 CommeacCH.

30 Taking in a reef (naut).

31 Transgress.

33 Reverence.

34 Small dog.

35

Boiled.

38 Washes..

39 Spring flowers.

42 Scotch dish.

43 Hoard.

45 Lazy.

46 Paradise.

Yesterday's Solution,

OCTOPUS SALVAGE

GUATEMA JOTPAD AILERON BLEND UNLO PLEADER V

RE

S SOLEMN SEE · MAKES ATOP FOAM 7

APT · NODAS EGD A FINEST ERRATIC 8 € GAST AURAL CURA M/SHAPS PLAITED D A CARJE T A ASCANĀS STREAMSİ

For the Beat

LOCAL VIEWS

PORTRAIT

and-

PHOTOGRAPHS

Go To

MEE CHEUNG

Studio, Ice House St

Branch 7, Beaconsfield Arcad

STOCK-TAKING SALE

NOW ON

Rolande Sarrault

Pedder Building, 3rd Floor..

TIENTSIN CARPETS

Special Show at CHELLARAM'S

OPPOSITE HONGKONG HOTEL

PRICES MODERATE

Tel. C. 2252.

METALS

of all kinds aspecially for ship- building and angineering_work, Complete stock. Best. Terma, Immediate delivery.

SINGON & O., ESTABLISHED A.D. 1880,

Proce

HING LUNG SL.

..Central 515

Relleves

Catarrh

Cures

Colds

I

QUINCIN

Allays

Asthma

C

N

Prevents

"Flu'

The Magazine

FRECKLES AND HIS FRIENDS

WELL-WE CAN'T DO ANYMORE WITH JOUR ESSAYS UNTIL

WE FIND THE MAGAZINE THAT THE AD

WAS IN, THATS A CINCH!!

1 TOLD ALEK TO LOOK FOR IT. HE HAD IT

LAST 1

YES, I REMEMBER" WHEN I TUREN

FTANHAY NONI -:

SHUCKS-I HOPE HE FINDS IT 'CAUSE I WANTA SEND MY ESSAY IN AND I CANT UNLESS I HAVE THE

ADDRESS

LOOK!! THERE ALEK COMES NON-HES

GOT IT!!

+ 1929,

HERE IT IS, FELLAS !!

|: ANDHI ALAKOST SOLD IT, ANITA ́ALL. OUR OLD .......

NEWSPAPERS, TO

NOW JUST HOLD YOUR HORSES !! Z

| CAN TURN RIGHT,

TO THE PLACE

THE RAG W

WMAN !!

WHERE THE

AD WAS !!:

By Blosser

·HERE! LET ME HAVE

•THAT MAGAZINE....

ENJUST NOW

THOUGHT OF

SOMETHING !!

Page 5Page 6