1932-05-19 — Page 7

UNDERWRITERS' MEETING

SATISFACTORY YEAR

REPORTED

ANNUAL MEETING

gen.

Presiding at the annual eral meeting of China Underwrit. 'ers, Ltd., this morning, Mr. R. G. Showan was able to report that although there had been decreases under several hendings, the Ac- cident Department showed a con- sklerable increase antisfactory progress.

GEORGES PHILLIPAR

DEATH-ROLL

(Continued from Page 4) was abroad the ill-fated Iner. Reuter.

crews

Rescue ship

state that the blazing Georges Philippur | lit up the decks of their own ships and the crios of passengers could be heard for a great distance. They, thought that there must have been difficulty in lowering the ship's bonta which stemmed a serious

Dante.

THE

HONGKONG

POLICE ANNOYED

OBJECTION TO PRESENCE OF PRINTERS

That a local Chinese newspaper had been treated rather hardly was the opinion expressed by Mr. Schofield at the Central Police Court yesterday when he merely made an order without any penalty against Lo Kit manager of the Ticu Num Daily News who were sum Clark for that he, Lo Kit, unlaw- moned by Sanitary Inspector T. S. fully did, without the written per mission of the Sanitary Board suffer or permit the basement of 63. be used for Hollywood Road to habitation and occupation and as a Mr. F. C. E. Rendall appeared for the defendant.

workshop or factory. and revealed

The Company had experienced some depreciation in book values, but as the renilsed profits on in- vestments had early equalled this depreciation, the Company had been able to write down its securi

ties without seriously drawing on the Exchange and Account.

According to a telegram received by the Mensageries Maritimes, the persons aboard the Andre Lebon include Mr. E. Jordan, Mr. and Mrs. O'Neill and two children. The French journalist, M. Albert Londres, and the Finance Minister for Annam are apparently missing.

นี

Ordered to Quit, Mr. Rendali admitted that the technical offence, but indicated defendrats had committed

that he wished the evidence to be The total of passengers and crew

called to show that on March 9 Fluctuation is given as 767, of which 676 have, king for permianion to use the pre- an application had been sent as airendy been accounted for.-Ren-mises and that no reply was recely- ed. Various visits had been made And the Department knew that the printing was going on, but nothing answering the application. had been done in the way of

theter.

Addressing shareholders, Chairman sald: Gentlemen,-We have now the pleasure to lay he fore you our report and the ne- counts for the year ending 31st December 1931, and as these have heen in your bands for the requir ed period 1 will, with your con-

ment, take them as read.

In the necounts, silver curren- eies have been converted to Hong- kong dollars and gold dollars, pesos and guilders and other gold standard currencies to sterling at the current monthly rates for re- Venue purposes and at the market rates On Brat December for balance sheet purposes. Rupees and Straite dollar have been con- verted to merling throughout at the parities. For the purposes of Ahowing the accounts in Hong- kong dollars the sterling figures arrived at as above have been con verted at the rate of $115.

Hongkong

French Consul Safe.

Paris, May 18. British passengera rescued from the Georges Philippar include:

First-class:Mir. Sassoon, Mr. Verde, Mr. and Mrs. C. Renner and child, Mr. and Mrs. Jordan, Mr. K. Jordan, Mr. and Mrs. O'Neill and two children.

Second-class:-Mr.

and

Hools and child, and a suitor named,

Mrs. Young.

Third-class-Mr. Homes and Mr. Grautchell-Reuter,

WINDJAMMERS RACE.

WITH SOUTH AUSTRALIAN WHEAT CARGOES

London, May 18.

Continuing Mr. Rendall said that originally the defendant company occupied premises at 71, Wyndham Street, but unfortunately the Ins pector General of Police complained at the beginning of the present structed him that the servants of year of the noise. I clients In- the Inspector General of Police (although the defendanta probably meant the Police Inspectors) were unable to sleep at nights and the defendanta were given three months in which to find other pre- inises. The defendants and had a permit in respect of 71, Wyndham Street, but had to vacate the pre- mises because of the annoyance to the Police.

They were thus forced by the Police to And other premises, and it so happened that 63, Hollywood Road, was empty at the time, and the defendants accordingly took these premises. They went to con- siderable trouble and expense fitting up the basement fur printing.

His Worship made an order for

TELEGRAPH. THURSDAY, MAY 19, 1932.

MORE TRADE MARK PROSECUTIONS,

SHOP-KEEPERS FINED AT

KOWLOON

RADIO BROADCAST

CHINESE CONCERT FROM THE STUDIO

Following the prosecution of two compradores at Wanchal some weeks ngo, for selling soap on which ind been applied marka resembling the registered trade marks of the well- known "Palmolive" brand, two Chineza metres. (815.H.C.). shop-keepers were summoned before Mr. Franer at the Kowloon Magistracy yesterday for the same offence,

Mr. G. S. Hugh-Jenes appeared on behnit of Sr. Lam Chan-knu, a mer- chant of No. 20 Des Vouck Rond Central, the local agent for the manu- facturers.

ily 2.1 W. on a wavelength oe

532

Victor and H.M.V. Records.

6-8 p.m. European Programme of

com-

ing-Orphens with le Lule (Sulivan). Bong-The Wren (faniediet)

Vladimir Horowita 1863.

Maria Bennett (Soprano) B2762. Organ Rak-8chan Roomazin (relser). Degan Bolo-A Ilrown Bled Singing sydn

Wool)

Three Cannered Hat Sutio (De Falla)

New Light Bymphany Orchestra ducted by Dr. Malcolm Harzent

02121/02722. 6.14-6.49 p.m. A Concert. Finne Solo-Capricelo 18carlatti). In one case, the defendant Shu To-Plane Solo-Serenade for the Dall (Debaar) chcung, master of the Kwok Man Drug Store of No. 22 Shanghai Street, and he did not know that the soap marked "Planolive" was different from the genuino kind. He was out when his fekis bought a consignment from He stated he had no intention of de- a "broker" who had called at his shop. frauding: if anything, he himself had price, heen cheated as he paid the name

for "Plannllve

Boap as he would have for the genuine article.

Defendant further

stated he was a friend of Mr. Lam, who, he knew, was the local agent for "Palmolive"

on, and he would not think of

"Planolive" for "Palmo ing

Mr. Hugh-Jones pointed out to the two kinds of soap were almost ti his Worship that the boxer containing name in colouring and general make. ly different, but an ordinary Chinese up. The letters were of couras slight. could enaily be deceived.

|

Regioni Foort 212564. Benz-Dird Bonus at Erantide (Coulee). Pong-Little Lady of the Moon (Coates) Valla Salo Love's Garden of Roses (Fayde Bydney Colthum (Tenor) 012742,

Woo!)

Renes Chemet 1828. 7 p.m. (Stock Quotations, Mali Notice, etc).

6.49-7.25 p.m. Variety. Humorous Song-A Serrant Girl

With Wynne 12692. Organ Solo-Cuban Love Song

smords Songs 11 Belitsh 7

Jesse Crawford 22876. Humorous Bong-1 Think of You

Norman Long 32580, Hamorous Bengel's Got "I" Hamorous Gong-My Man Is on the Minke

Helen Kane 22476. Organ Solo-Call me Dating

Jae Crawford 22001. Song.You Wouldn't Pool Me, Would Your

Harry Shalann (Baritone) $210. 7.25-7.42 p.m.

penalty as the market was flooded Mr. Hugh-Jones and he had been Instructed to press for a hoavy-My Licky Star. with that type of

Itia Worship imposed a fine of $25 and ordered the defendant to pay $125 cost a.

In the other cuse, in which Kwong | Yuen, the master of a shop in Port- innd Street, was the defendant, the

Cost same penalty was inflicted, being also the same,

CINEMA SCREENINGS.

NOTES SUPPLIED BY THE THEATRES

wed.

dubert and Sullivana" SelezUions played by The Hand of 1.M. Coldstrears Guarda. Hitstes of Pentahen

Folthe

The Sheertes. Trial y Jury

£108.

DISGR.

C1435.

7.42-8 p.m. Negro Spirituals. 1igh Water (Meliardy and Renunit). Many Is Gone the Bylyn, Benwn and Non-

demon)

Paul Robeson (Unim) Barón. 211 De Crown Torr. Holdinout). Ethertation (Cook).

Paul Helson (Bine)

13400

8 p.m. Local Time and Weather Report.

Concert

8.3-10.30

Chinese p.m.

10.30 p.m. Rugby Mid-day Press

A pompous ausiness tungnate has from the Studio. in thegiten his godson £1,000 as 1

ding, present, conditionally on his using It to Bot up แ home. Newn. cessation of use of the premises for 15ut George Finder and his present purpose, and said that he hotel life and other extravagances

wife, Betty,

pretty have squandered this gift would not impose a penalty as the and so, when the donor announces his defendants seemed to have been intention of dining with them, in their treated rather hardly. He was not hom casting

home;

the Pinders are rather "in the any reflection | Sanitary Department.

on the soup. However, R 101114 agent finds them a furnished fint, and they move

The difference between the ex- The four-masted Swedish boat, change used last year 1/1 and Abraham Rydberg, docked at Mill that used on the present occasion wall, London, this morning. She is 1/5 makes the comparison of the first of a score of sailing ships figures difficult. eat will enden-carrying South Australian wheat vour to indicate their significance. to Europe. She has 39 Swedish,

With regard to the Life Assur- cadets among her crew of 50, ance business, in my remarks Jast | She left Wallaros, South Au year I described the year 1916 astralfa, on January 14, taking 124 a dimeult year. The year under days for the voyage, being favour review has been markel by finated by good weather on the shortest étal depression throughout the route via the Cape of Good Hope, world of an unprecedented char acter.

Most of the other vessels took the I need not elaborate this longer Cape Horn route to be sure point, with which you are fami- of a good wind. The race between far beyond saying that Malaya, the wind jammers is won by the Ceylon, Dutch East Indies and In

one making the fastest passage dia where the great majority of and as they started on different our Life business has been writ- daten, the results ten) have been also equally a Toubtful. fected.

Ups and Downs

The life premium income has decreased from $835,432 to $628,- 902, which is to a large extent due to the conversion of gold figures to dolines at the new ex- change. Actually there has been a fall of about $6,000 in gold in come and an increase of $59,000 in silver income.

Death claims have been some what heavy at $167,466. We are however, probably averaging out on the light claim rate previously experienced and there is some evi- dence that we may hope for a lighter rate in the current year.

There appears to be a consider- able decrease in the expenses, excluding commission; but this is mainly due to the exchange rate

penses.

still remain

The Finnish barque, Winterhude, which left South Australia on De- cember 23, reached Queenstown yesterday.-British Wireless.

crease not only in amount, but more particularly by comparison with the

view of the fhet that last year we premium income. in

Profit and Loss Account to make had to transfer $16,223 from the up the premium reserve the re suits this year show improvement.

a marked

Accident Increase. The premiums in the Accident Department show a considerable increuse from $12,278 to $64,273, even after allowing for the ex- at which the gold expenses have change adjustment. Actually the been brought into account. Ae premiums have practically doubl tually there has been a small deed. The claim rates has been crease in the gold expenses and a satisfactory and the reserven have small increase in the silver ex- increased considerably, both as regards the amount, i.e. from $27,- We have during the year ex 120 to $43,125, and in relation to perienced a heavy rate of surren-the premium income, from 61.1 ders and discontinuances which to 67.1% of one year's income. has been the general experience It will be noted that funds in of life companies overywhere dur-execns of requirements for out- ing the year.

standing commitments in the The Life Assurance Fund of Marine, Fire and Accident Ac- $173,349 shows a decrease as com- {counts have been kept in reserve, pared with last year's figure, but and nothing has been transferred this is entirely due to the difto Profit and Loss. After alloen- ferent rate of exchange used in ting $5,644 to provide for had and converting the gold portion of the doubtful debts, the Profit fund. At last year's rate of ex Loss debit is reduced from $89,- change the fund would have ac-1560 to $78,007, a reduction of $11, tually shown a small increase.. 50%.

Marine Decrease.

Companies'

and

Cx-

Investment Profits.

The net premiums in the Marine It has been the general Department show a considerable perience of life insurance com- decrease at $129,381. This e-panies all over the world this cruase is mainly due to the dis-year to face a heavy depreciation continuance of the premiums un-in securities which in many cases der Marine Treaty, which had has involved drawing heavily on proved to be unremunerative; the

reserves. Wo and, further to the conversion of have experienced some deprecia- gold premiums to silver at the tion in our book values, but, as the new rate of exchange, Actunily realised profita On Investmonta excluding the Treaty income re during the year nearly equalled ferred to, the premiums remained this depreciation, we have been atendy.

able to write down our securities Marino claims at $158,557 show without seriously drawing on the Fluctuation Ac- a decrease as compared with the Exchange and

an increase previous year and, although the count, which shows reserve appears less at $162,942, from $133,063 to $137,876. There it actually bears a higher ratio has also been a further increase to the premium income than last in the loans advanced on security

of the Company's policies. although account, still vory amall, is, I think, In a In conclusion, I should like to healthier condition than it has place on record our appreciation hitherto been.

of the co-operation of the Branch Promiums In the Firo Insur Managora, Secretaries and staff ance Department at $107,028 show and I have now the pleasure to a decrease mainly due to the propose the adoption

of the no- operation of oxchange. Claims counts for the year ending 3Int at $56,891 show a considerable December, 1931, and when that decrease as compared with last has boon asconded I shall be pleas- your's figures of $114,950. Tho od to answer any questions which roserve, therefore, shows an in- shareholders may wish to nak.

your. This

SHARE PRICES. The following is the list of local share quotations issued to-day:

Banks.

Hongkong Banks, $1540 n. Chartered Banks £11 n. Mercantile Bankn, £17 n. East Asia. $114 b. Am: 0. Finance Corp., $25 n.

Insurances. Canton Ins., $1250 b. Union Ins., $470 China Underwriters, s China Fires. $500 b. H.K. Fire In., S1,195 n.

Shipping. Douglases. $26 b. II. K. Steamboats, $22 n. Indo-Chinns, (Pref.) $45 n. Union Waterboata, $19% b.

Mining.

China Estates, $100% n. Benguet Exp. 31 ets. b. Benguets, $15 b.

Kallans, 25/- n.

S'hai Explorations, T. 2.10. Raubs, $34 n.

Docks, etc. Kowlon Wharven $143 b. Whampon Docks, $19 b. South China Motora $10 n. Providenta (old) $5 8. Hongkews, Tla. 225- n. New Engineers Tls, 6 n. Shanghai Docks, Tis. 88 n.

Caltons. Ewo Cottons, Tla. 13.50 b. Shanghai Cotton, TIs. 78 n. Zoon Sings Tls. 10% n.

Lands, Hotels, etc.

H. K. Hotels $12.80 b. II. K. Hotels Rights, $2 ». H. K. Lands, $77% b. Metro Lands $10 n. S'hai Lands, Tia, 27% b. Humphreys, $16 b, Asin Realties "B" $26 n. Realties, $11.35 sa.

Asia Realtles "A", $155 n.

Public Titilities.

Tramways, $21 b. Peak Trams, (old), $16 Star Ferrles, $911⁄21⁄2 b. China Lights, $20% b. H. K. Electrics, $74% b. Macao Electrica, $21 n. Telephones, $381⁄21⁄2 n. China Buses, Tis. 16 n. Singapore Tractions, 8/- n.

Industrinis.

Malabons, $21 n. Canton Tees, $54 b. Cements (com.) $18.50 b. Ropes, $14 8.

Stores, etc. Dalry Farms, $28 n. Watsons (new) $13,20 b. Watsons (new) $18.20 n. Der A. Wings. 31 n. Lane Crawfords, $6.60 sa. Mackintosh, $19% b. Sinceres, $16.20 b. X Div. Powells, $3.85 n.

Miscellaneous. Amusementa, 22% n. Entertainments (ald) $14.25 n. Constructione (old), $5.55 n.

S. C. Enterprises $8.00 a

B. Ind. O. 8 Bonda, 19% n. Constructions (now), $1.70 b.

172

10.35 p..

Close Down, All erorila in the nture European prim 57ammes are kindly supplied by Mar. 9. Mautre and Co.

"So it is this little German girl

in, but Betty's inexperience in the who has helped to keep London happy handling of her own sex (she knows in difficult financial circumstances!" how to deal with men!), lones the staff; of servants in less time than it re quirca to leil of the event.

and woo

tide

"The Cuban Love Song." Stirring

romance under Cuban

new

Again an agency steps interkles; melodies more haunting than breach, and produces-Mes. Ilarris.

The exotic story of love unfolded on An out-of-work "char," is Mrs. Har- ris, but George Finder has no more mingle in "The Cuban Love Song" the screen, tense drama and thrills judgment of servants than his wife, and, though her appearance belies herrence Tibbett's newest appearance

At the talking screen. The ix claims to culinary prowess, she

Metro-Goldwyn-Mayer' picture will taken on forthwith. The guests are test of

appear on Sunday at first all assembled, and the

The Queen's Thentre, their fortitude appears, in the shape

"Arris

now and of the

"Blinder." potent cocktail--one is sufficient, the unfortunate who dares to gulp the dose at one swa law! Dinner is a very long time in making its appearance and when it does come along, the originality of its

the unorthodox man ingredients, ner of its serving and the camaraderie of Mrs. Harris, combine to hasten the departure of those whom it was in- tended to impress. However, Betty saves the day for George in one way, even if Mrs. Harris does contrive to let him in for a further and most unexpected adventure ere sho takes her departure.

which is

"The Cuban Love Song" is essen. tially a love story. Tibbett is seen as marine who, stationed in Cuba, meets and loves a little Cuban pennut celler. A war, duty, and fate con- spire to break n romance and kill a love that was really only a memory. Tibbett as the dare-devi! hero, proves that in modern roles he is as colourful n figure as in costume and uniform. THB

singing of "The Cuban Love Song,'

"The Halls of Montezuma" and other musical incidentals is superb; his neting to gripping. Then, too, there are the lighter nioments, 45 when Lupe Velez teaches him "The Peanut Vender." The Fiesta, with its

strange Cuban orchestras, with the "Hindle Wakeя,"

Hery Lupe doing the Rumba, and the Everyone seeing "Hindle Wakes," wealth of colour that is Havana's are

to coming

the specially interesting. W. S. Van King's Theatre soon, will be vastly Dyke, of "Trader Hom" fame, direct- amused at the antics of the songed the picture, and injected many deft plugger, at the Blackpool amusement human touches into a drams of love beach. His immensity-he weighs and high adventure. twenty-two stones has been seized upon by Victor Saville, the director, who has photographed him from un- usual viewpoints, and also, une Bus- pects, with a distorted lens.

In real life, the song plugger is Mr. Bub Johnston, a member of Meas Feldman's summer

ов

Comedy is taken care of by Ernest Torrence and Jimmy Durante, TIL bott's two fighting marine companions, and Loulae Fazenda SCOTCH "Elvira," who becomes Jimmy's. de- voted but helligerent

Lupe Velez, as the ne enterprises nt

little Cuban Blackpool, and in winter,, on the Lon- charmer, has a role such as she has not had in a long time, and her cap- don staff of the firm..

Hindle" is not Mr. Johnston's first tivating marner, piquant charm, and clever dancing in the Culan episodes Alm experience, for he has previously

are outstanding. Karen Morley as played a small part in Monty BankR

"the girl at home" plays the role "Why Sallora Leave lume.

The Johnston is well known to summer with an aristocratic dignity. visitors to Binckpool. Despite his musical score by Herbert Stothart, bulk he is surprisingly agile. Besides and songs by Stothart, Dorothy plug ging songs, he writes them. He Fields and James Mellugh add great has also broadcast for the B.B.C., charm to the production, and the being a member of the syncopated fiesta, in its tropical garden, the vivid vocal quartette "Just Four Fellers," episoden at sea, and the battle sequen-

cca are staged on a spectacular scale. and in company with them has mado several gramophone records.

"Over The Hill.”

"Sunshine Susic."

That it to a far cry from the old Here is a little cameo from the Film | days when the makers of movies were Weekly of Renate Muller, who makes looked down upon as something akin

you forget every one of your cares to hoboos, was woll illustrated recent-· in the Gainsborough musical comedy is during the filming of "Over The "Sunshine Susic" which by special Hill," Fox special, now playing at the at the King's King's Theatre. request re-screens Theatre on next Friday for two

In the old days, it was often very amcult to obtain

permission to usr only. Says the writer: "She la

not very tall, with blue, good-humo,

private Innds for the filming of wa terior sequences. Continuous contract is that she shares Mary Pickford's with movies, however, has finally gift of radiating happiness. Indeed, taught the property owners of Call- the best way of describing Renato is fornia that they are people of their to say that she is like what Mary word. As a result, a fine spirit of Pickford would have been if Mary mutual trust has been built up through had been born in Munich in 1000 (as the yekre. Renate was) instead of in Toronto in 1893,

The latest plcture to visit the little mountain town for the majority of its "Renato has the rare and precious exteriore was "Over The Hill," Honry glit

ift of making you feel that the world King's talkie that bids fair to stand is a good place to live in. Her pro- with his silent "Tol'able David," "The ducara realised this, or apparently White Sister" and "Stella Dallas." they did, for they brought her pic James Dunn, Sally Ellers and Mae turos to the West End the wook after | Marsh share the leading honcurs of the new Income Tax assessments were the now film. Mae Marsh, it will be delivered.

remembered, left the poreen at the

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Wear a "STORANCO" Shirt.

That shirt-up-back experience is unknown to all Tennis players, who wear this shirt, as its position cannot change, oven during tho strenuous of såts.

most

The "STORANCO" Shirt is worn by leading Tennis Players, Golfers & Cricketers in all parts of the world. The 1930 Australian Cricket Team on its tour of England. expressed keen appreciation of the morits of the "STORANCO" super sports Shirt.

We have it in Cream Taffeta and White Cellular.

Prices $7.50 & $8.50.

LESS 10% DISCOUNT FOR CASH.

Try a Sample Shirt, you will be more than satisfied with the result.

WM. POWELL, LTD.

10, ICE HOUSE STREET.

ARTS & CRAFTS, LTD.

AT THE

HOUSE FURNISHERS

PENINSULA

t

REPULSE BAY

HOTELS

and DECORATORS.

IMPORTERS OF FOREIGN CARPETS,

DECORATIVE

MATERIALS.

PICTURES.

ORNAMENTAL

MAY to SEPTEMBER,

1932.

OBJECTS.

SHOWROOMS.

4a, Des Voeux Road.

SPECIAL SUMMER RATES

QUOTATIONS ON APPLICATION

TO MANAGEMENTS.

THE HONGKONG & SHANGHAI HOTELS, LTD.

to

WILA

height of her career become a Bully Ellers. It is, in fact, the story. originally mother. Now the proud parent of for which Donn three husky youngsters, she has ro- brought to Hollywood. Considered turned to give what is generally the one perfect man for the role, after heralded as the finest mother perfor some twenty others had been tested, mance that the screen has ever been, he, did his sensational work in "Bad The new flm also marks the second Girl" while he was waiting for "Over teaming, venture of James Dunn and The Hill" to be preparel.