1932-01-02 — Page 4

THE

HONGKONG

PENINSULA HOTEL:

DONGKONG BOTEL: REPULSE BAY HOTELI

PEAK HOTEL »

and

SHANGHAI ASTOR "BOPRE: PALACE HOTEL:

HOTELS

LIMITED.

in association with the Qrand foto)

Dos Wagons Lita, Poking.]

PALACE HOTEL.

Telephone 87003

“Telegraphic Ardress "Palace.”

A First Class Residential à Tourist Hotel Under Entirely Earopeno Management High Class Wines & Spirits Steel Coulson's Beer On Draught. Four Full Sized Billiard Tables Billiards, Snooker,

er Skittles.

2

MRS. I. II. OXBERRY,

Proprietress.

Penang

The Scenic Gem of Maluyu

first class

Hotel

Modern" throughout and beautifully Situated

Kunnymede Hotel

Malaya's Premier Hotel

Food and Wines especially good

AFTER-DINNER DANCE

Every Wednesday & Saturday- Orchestra Duily

CABLES "RUNNYMEDE"

RUNNYMEDE HOTEL, LTD. George Goldsack, Manager

EUROPE HOTEL

SINGAPORE.

*THE

"RENOWNED BY RECOMMENDATION

After Dinner every Tuesday, Thurs-

day and Saturday,

DANCING:

MUSIC:

On the VERANDAHA

Monday to Friday- 7.45 p.n. to 8,20

p.m.

aturdays-12.30 p.m. to 1.30 p.m.

aud 8.00 p.m. to 8.30 p.m. Sunday Concerts-9.15 p.m. to 11 p,..

Robert Drescher's Famous Viennese Orchestra Plays During Tiffin and Dinner Every Day.

GRILL:

Telephone. 5341 (8 lines)

Cables EUROPE" Singapore.

THE EUROPE HOTEL, Lid,

Arthur E. Odell Managing Director.

LINER

WATCH FOR THE OCEAN "TRANSATLANTIC"

Edmund Lowe & Lois Moran

ON BOARD

Passing Through Hongkong.

Piloted by Captain FOX

Gets you well

Mit keeps you well

In the obect SCOTT S

tholics

which

Lula, parisupe Sta

doctor

SCOTT'S Emulsion

"The protector of life.

HONGKONG TELEGRAPIC

ELECTRICITY FOR

́MAINLAND, *..

SATURDAY, JANUARY 2, 1932.

Under the contracts with the suppliers of the above-mentioned dew equipment. final payments will be made after the plant has been in operation for a stipulated period, hence the comparatively large sum of $365,688.00 appear- ing in the balance sheet payablo to sundry creditors,

CHINESE SALLY.

HAMPERING JAPANESE

ADVANCE.

Tokyo, Dec. 31.

An

CHINA LIGHT'S PLANS FOR NEW TERRITORIES.

Shortly before dawn the Chin- In order to meet those pay-one at Koupangtaze made a final. ANNUAL MEETING.

ments as they become duo, and Bally in the direction of Tahunhan! also to provide for additional and destroyed two sections of the Electricity for Fantasipo, apital expenditure during the railway for the purpose of ham- Shatin and Sheungshul soon decided to call up fresh capital Brigade from Mukden, after which current year, your Directors have pering the advance of the Kamurn be supplied by the Chifan Light to the axtent of $1,000,000, and they withdrew and Power Company, declared shareholders will shortly be offer-armoured train covering their re-

to Chinchow, Mr. R. G. Shewan, Chairman of od at par new shares of the Directorm, at the annual general nominal value of $5 each, in the meeting of shareholders on Thura proportion of one new share for day. In his review of the year are the registered

every five shares of which they

holdera Mr. Shewan outlined works 9th January, 1932. completed in that period and sald that the company wha waiting only the completion of low ten- sion distribution linen to supply current in othe districts in the New Territories

Addressing shareholders,

Mr. Shewan saldi

Chairman's Speech. With your approval, I proposu to take the report and 118 rend.

accounte

Dividend Proposed.

on

new

trent.

vice.

KING CAROL'S FRIEND.

General Tamon's advance guard entered Koupangtazo from the south

9001 after unopposed, while the Kamura Brigade-having repaired the railway in the dirca- tion of Tahushau is expected to Out of the Net Profit of $513,-enter the city to-night. 144.77 your Directora recommend the payment of a dividend of 60 the Japanese have again occupied Other despatches report that conte pen hare, leaving SB3.- 361.27 plus the amount

Newchwang-Reuter's Special Ser- brought forward from last year, or a total of $58,766.00, to be carried for- ward to the credit of the year's agunt.

I agad to say that our buel

atinues to grow, The gross profit for the past

Lot consumers hap Anancial year amounts to $813

1. 1964 at the end 633.29 an compared with $7ptember, 1931, from 15.228 379.53 for 1929/1930, while no twelve months previously. Unita net profit fa 8513,144.77 no against $693,066.98 In the previous year. In consequence of the fall in Exchange, our working expendi- ture has greatly increased, and we feel that it speaks well for this Company that we have been able to close the year grass prefit of nearly $45,000 in excess of that for 1929/1930,

account consumars'

I am pleased, however,

with

to

sold during the year were 548,263, compared with 042,213 in 1929/1930,

Un.

of

15,-

15.

MADAME LUPESCU LEAVES RUMANIA,

to

re-

Geneva, Dec. 31. It In learned that Madame Lupescu, King Carol's friend who has been living at Bukharest New Territories Extension. aceretly for eight months has left Since the close of the financial Rumania and is not returning. in our output has resulted from year, a very substantial increase Her departure in a triumph for the premier, M. Jorga, and other Comont Cos new plant at Hok-trying for months to persuade King the starting of the Green labundenemies of hers who have been

Carol to send her abroad. The reduction in the net profit With

regard to the New The departure is partly accounted for by

of Madame our Territories bhaving had to debit proft and scheme, the 22,000 volt mainter of the Interior on the ground electricity supply Lupescu was urged by the Minis- lose Account with no less than transmission line from $48,553.79 on

abie Beacon that he was no longer of the Bill Tunnel, to Kwanti, with change of

guarantee her safety,--Reuter. voltage. branch line to Teun Wan, WAS [Madame Lupescu la the lady for! that the work in connexion with review, also the 6,600 volt line nounced the throne.]

say completed during the year under whose sake King Carol once the Change of Voltage is now to the Texas Oil Company's Teun practically complete.

Wan installation and a similar Depreciation on buildings, extension to the site of the pro plant, stock and changes of pres-posed browery at Sam Cheng sure and frequent, $222,790.29, Bay. We ara now actually represents an ina se of about supplying electricity to сол- $48,000 on last yung figure, and sumers in the Taun Wan and this has also helped to reduce the Taipo Market areas, and we are profita. You will easily under- only waiting for the completion stand this large increase when of the low tension you turn to the balance sheet lines at Shatin, Taipo, Sheung Shui and observe that the total cost and Fanling before we can also of additions during the year to give a supply to the public In land and buildings and plant these districts. The route for and machinery reached the record the high tension branch line to figure of over $1,925,000.

Autan was surveyed during the year, pad the ne is now in coura

construction. I no

Th

Ample Rates.

I do not wish to lenve this item of depreciation without taking the opportunity of re-as pr

distribution

propose-

mort and Accounts this Meeting be

moving any doubt that might adopted" “ANU passed. thri 5 exist in shareholders' minds as Dividend of '50 cents per share to the adequacy or otherwise of be declared in respect of the the deprociation provided for. financial year ended 30th Sep- We have it on the statement of temper, 1931, and that the Mr. A. H. Precce, senior partner in divided profits of the Company the firm of consulting engineers, amounting to $556,529.10, lean Messra, Preece, Cardew and Rider, auch Dividend, be carried for. London, that the rates writtenward to the credit of Profit and off the values of plant, buildinga, Loss Account for the financial mains, etc., included in the com-year 1931/1932." pany's capital account are in Mr. C. A. dn Roza most cases considerably higher and the resolution was carried than the normal general rates. unanimously. Mr. Preoce adds that he considera the

seconded

The re-election of Sir Robert

rater determined by the Ho-tung and Sir Elly Kadoorie company's technical manager are as directors was proposed by ample and that they are in ac-Mr. C. F. Mondham and second- cordance with the best English! by Mr. J. J. Edgar, and carried practice.

unanimously, Mr. H. J. M. de Figueiredo proposed the re- appointment of Mesara, Lowo, Bingham and Matthewa and Messrs. Linstead and Davies as nuditors at a remuneration of $1,800 each, and on Mr. J. F Salman Reconding agreed to.

thin Wa

New Equipment, Among the principal additions on capital account during the year were an area of about 160,- 500 nq. ft. at present under re- clamation close to the exlating power house stie at Hok-Un, two British Thomson-Houston 5,000 Those present were Mezers. K.W. turbo alternators, a 40,000 R. G. Shewan (chairman), J. P. b. Thompson boiler, and two Braga, C. A. da Roza, A. H. brush frequency changers of a Compton and Felix A. Josepha capacity of 1,000 K.W. each. (directora), With the exception of one 6.000 (manager) K.W. turbo alternator, which is (secretary). now in course of erection, this plant has been put in com misalon and is working antis factorily. Included in the sum of 3316,714.12 expended on over- head mains is the main 22.000 volt transmission line in the New Territories.

SALESMAN SAM

WHAT SA MATTER, SAM?

C. A. Strafford

andi Noel Braza

The

shareholders all were Meaara. C. F. Mendham, II, J. M. de Figueiredo, J. Edgar, J. B. Salmon, M. A. Kavier, I. W. Shewan, F. J. Tavares, A. C. Greaves, Soo Pul- chin. Yeung Yau, Chua Sing-choo, A. S. Ellls, and Frank Austin, attorney for Mr. A. J. David,

sure Thing! BUT AIN'TCHA MAKIN' HEEZALL HE DON'T NEED MY

TRAIN TODAY?

HELP!

口

J GUZZLE

* Co

TEN-PENNY HAILS A DIME

BECH

FIRE

ALTHOUG

If you listen to my advice as an experienced doctor, then...

exercise the greatest care in the choice of baby's food. So much in later years depends on the foundation laid in infancy. With the mother lies a big responsibility, the wel fare of the coming generation. The tropics especially call for a healthy constitution. For baby, therefore, the best only is good enough. This is the reason why you should give baby plenty of "BEAR BRAND" MIŁ. Iî does more than merely nourish, it builds up the whole system, in paves the way to perfect health and success in life. BEAR BRAND comes from the great Swiss Milk centre, the Emmenthal, it is very rich in natritive elements, absolutely pure and an infant food par excellence. DEAR' BRAND Milk goes to make healthy babies, happy children, successful men and women.

BEAR BRAND

Natural Swiss

A.B. MOULDER & CO., LTD.

Chalo Balding

Made Azenta for Ninth Thiss

We Specialize

Insurance

in every form of

Insurance Service

means MAXIMUM SAFETY

-at Lowest Cost.

Motor Car Insurance

For Particulars and Rates Apply—

CHINA UNDERWRITERS, LTD.

Phone 28121.

With the Girls

I WANNA BUILD UP HIS WIND, SO I TOLD HIM TO SPEND THE DAY

RUNNIN' AROUND!

"

GOOD IDEA! I SUPPOSE HE'S OUT ON TR'COUNTRY ROADS HOT-FOOTIN! IT

FOR A FARE, "THES WELL!

Completa

1410 #

BUT HCEZALL

HAS A

TOTALLY

DIPFERENT

IDEA OF

WHAT

RUNNIN AROUND MEANS

Hongkong Bank Budding.

By Small

TYPHOON

BURGLARY

AK SURE ITS OKE FER META BE WID YA TDAY, SVEERE – DIS 135 VAT. DOZE

MENEGER TOL' ME TA DO!