1932-10-24 — Page 11

SERIOUS FRACAS

COOLIE DANGEROUSLY

INJURED

Riotous scenes occurred in Con- naught Road Contral last night when two gangs of coolies savage- ly attacked each other with sticks and bamboo poles. One man was fatally injured in the melco and several were arrested,

At 6 p.m. the work of unloading vegetables from the Ching Fut, lylog by the Kwong Wing wharf was proceeding steadily, when sud- denly a man's scream rose above the babble of the workers. The foreman of the wharf coolien had discovered a street coolic stealing vegetables.

According to statements madu to the police, the wharf foreman nòized the thief and was leading him to the police station when a gang of the prisoner's friends rushed to the rescue. The foreman Was Bur- rounded in a minute but he, too, had friends and in a few seconds furious battle was raging.

A

Bamboo poles were waved in the air and brought down hard when- ever a suitable target offered. Move- ablo articles on the wharf wero beized and flung about indiscrimin- htely.

Tong Taat, the coolie who is lleged to have stolen the vegetables thred Worst He received strious head injuries when a terrific blow jaid him unconscious on the wharf.

The sudden shout of "Police" Jaused a wild scalter. Most of the Jombatants escaped but several were arrested.

Police inquiries were made Inst light by Inspector J. Murphy who a in charge of the case, and Do- jective Sergeant J. Allen.

Tong Taat was taken to the Gov- irnment Civil Hospital where he is h a dangerous condition. Ån peration was being performed in

last effort to save his life.

LESSON SERMON.

FIRST CHURCH OF CHRIST SCIENTIST, HONGKONG

"Probation after death" was the rubject of the lesson-Sermon in all Churches of Christ, Scientist, in Sunday, October 23rd.

The Golden Text was: "Behold, now in the day of salvation." (11 Cor. 6: 2.)

Among the citations which com- irised the Lesson-Sermon was the ollowing from the Bible: "If In his life only we have hope in Christ, we are of all men, most niserable. But now Is Christ risen from the dead, and become the Irst fruits of them that slept. For aco by man came death, by man Fame also the resurrection of the lead. The last enemy that shall so destroyed is death." (1 Cor.

5: 19-21, 26.)

The Leason-Sermon also includ- d the following pasanges from the Christian Selence text book, Science and Health, with Key to he, Scriptures," by Mary Baker Ray: "If man in never to over- ome death, why do the Scriptures ny, “The last enemy that shall be estroyed is death"? The tenour f the Word shows that we sħall btain the victory over death in roportion as we overcome sin." P. 427: 17-21.)

SHANGTUNG WAR

JOPES FOR SETTLEMENT OF TROUBLE SHATTERED

Nanking, Oct. 22. Hopes of a peaceful settlement the Shantung affair have again ton shattered, following upon ceipt of reports that Han Fu- ậu had launched a fierce artillery tack on Lalchow, where Liu blen-nien and several thousands This troopa had been bottled up. It was announced from Peking ly to-day that Han Fu-chu had pigned the Governorship of Jangtung, it being generally be- ived that his action was due to inability to accept Nanking's ders to withdraw his troops to oir original defence arca. Han Fu-chu's resignation was viously a polite form of refusal the terms of settlement decreed

the Central Authorities.- jutor.

CHILE RECOGNISED.

| BRITISH AND AMERICAN

RELATIONS CORDIAL

London, Oct. 22.

Bir H. Chilton, British An- ssador at Santiago, yesterday nded Notes to the Chilean For in Minister stating that the Gov

ments in the United Kingdom, stralia, New Zealand and Canada Ire happy to enter into official re- ons with the Chilean Govorn- int an at present constituted.

A similar Note was also present- by United States Ambassador. The present Chilean Government me into power on September 15 hen Benor Davila was replaced/- ritish Wireless,

THE HONGKONG

SUBMARINE, FLOTILLA.

MONDAY, OCTOBER 24, 1932.

TELEGRAPH.

POPPY DAY, FUND,

FURTHER CONTRIBUTIONS

depart for England for re-fit. She will be relieved in Eastern H.M.S. MEDWAY RETURNS TO due to arrive early in January.

watera by H.M.S. Eoglo, which is

HONGKONG

Replacing Aircraft.

BRILLIANT FUNCTION.ing the music. In addition to the "Revellers," who incidentally pro- miso to become one of the most RE-OPENING OF HONGKONG popular dance bands in the Colony, music was provided for the walt HOTEL ROOF GARDEN

zea by Joe Futera's popular band. Interspersed botwoon tho Over 400 guests were present dances were several items by Mr. at the Hongkong Hotel on Satur Martin Cave, the "Second day night on the occasion of the Joleon," whose numbers, rendered: Al

100 Garden there.

+

wero vociferously encored. Tho GO Something antiroly now Enfamous Joy Fun Toy Company left 50 social entertainment was provid-the spectators breathless with the 60 ed by the managemont for the magle of their several acts, the 25 occasion, the function being torm-croam of their recent performees 25 ed an "Oriental Night." A truly at the King's Theatre.

25 exotic Eastorn atmosphero

да

Mr. Martin Cave received such Protect the eyes of your children 25 provided by the decorations and a popular welcome from the au-

attendants. dience on Saturday night that the and ask for the best spectacle

cabaret Hotel has decided to retain his lenses

ACKNOWLEDGED

In brilliant sunshine, H.M.S.

Further contributions to the It is understood that the Hermes Medway, accompanied by the sub-is to have the aircraft at present Poppy Day Fund are acknowledged marine flotilla, steamed into har- on board entirely replaced by new as follows: bour at 8 a.m. yesterday, returning types. At present aho carries Proviously Acknowledged.. $1,778 re-opening of the popular Roof in the true Jolsonian manner, from her six-months summer Flycatcher fighters and Fairey Hon. Sir Henry E. Pollock cruise to Wol-hal-wel.

IIIF reconnaissance machines. Hon. Mr. J. Owen Hughes Accompanying the Medway wore These are in process of replace- Mr. F. A. Joseph the submarines Osiris, Orphous, ment by the Nimrod and the Hon. Mr. E. Taylor Odin, and Otus, the Pandora and Osprey, the naval developments of Hon. Mr. T. N. Chau Proteus having arrived on Satur-the Hawker Hornet and Hawker Mr. C. Fryce.... day afternoon,

Hart, and with which the Hermes Mr. W. G. Robertson The arrival of H.M.S. Bridge- will be duly equipped.

Mr. S. H. Ross water to-day and of H.M.S. The aircraft carrier, Eagle, X. Y. Z. Cumberland to-morrow will prac-which relieves the Hermes in Mr. Nisalm tically see the completion of the Eastern waters, is at present Mr. R. C. H. Lim return of the whole of the China under repair at Devonport

Mr. E. J. McGann Squadron, nominally stationed at

Mr. T. B. Wilson Hongkong, from Summer exor- cises. H.M.S. Cumberland will not, however, remain in Hongkong, but will make her departure at

Wing Commander Glenny passed the end of the month for Home, Usually the senior officors in into the R.A.S.C. from Sandhurst where she will re-commission. the carriers have come from the in 1014, and came to the R.F.C. H.M.S. Hermes, the aircraft R.N.A.S. side of the R.A.F., but in year later. He received the carrier, will arrive on October 31, the official policy has been to dis-M.C., a Bar to the M.C, the D.F.C.. and will be followed by H.M.S. courage the division of the Force and the Belgian Croix de Guerre Kent

November 10. The into compartments, the aim being for distinguished flying services Hermes will only remain in port that an officer should be capable in France, especially on artillery for a few weeks and will then fof flying any typo anywhere. and photographic reconnaissance.

on

The senior R.A.F. officer in the Hermes, Wing Commander A. W. F. Glenny, M.C., D.F.C., is one of the few holding such a position who were formerly in the R.F.C.

the costumes of the

10

5

and without doubt the sotting and programme enjoyed by everyono present.

$2,178.

were services for future tea dances. Singing in conjunction with tho Dancing Was carried on "Revellers," this artlato promises throughout the evoning until to become one of the triumphs of after 1 a.m., the now danco or- the forthcoming winter season in. chestra, "Tho Revellers", provid- Hongkong.

A GENIAL THIEF—AN IMPLACABLE DETECTIVE

JOHN

LIONEL

BARRYMORE

in "ARSENE LUPIN"

ZEISS

Punktai |

Agents: CARLOWITZ & CO.

WHY NOT HAVE THAT EXTRA THIRD?

The natural laws of economics require an investor to secure the best return especially upon savings trust funds-consistent with safety.

The China Realty Company is one of the oldest (established more than 20 years) real estate companies in Shanghai with a steady successful record back of it.

Capital $5,000,000 fully paid in cash.

Businesss turnover 1931, 45,532,300 in land and mortgages only, which does not include manage. ment of estates, rent collections, insurance written, trustees for beneficial owners of property and sundry sources of income.

The Company are Realtors, not speculators in Real Estate.

1931

The balanco shoot as of December 31, 1931 shows:-

Assets

Land and Buildings at cost

Cash

CHINA

REALTY COMPANY 8% DEBENTURES 8% INTEREST VS 6% INTEREST

MEANS ONE THIRD MORE INCOME

The following extracts are taken from the Chairman's statement at the last annual Shareholders Meeting. February 20th, 1932.

"We feel that the Debenture holder from an investment standpoint, is just as much an interested partner of the Company as the Common Share- holder and is entitled to his just return on his investment, and by the figures given on the two years' working. I think we have amply proven that we were right that our Debenture holders receive eight per cent, interest instead of six per cent."

"'The most successful concerns of the future will be those who recognize this principle--that even banks will allocate to depositors a part of profits earned on their money over and above current rates of interests. As our balance sheets show quite plainly the proceeds from the sale of our deben-

tures is not used for the purchase of Real Estate, as we are not speculators, but for investment in first class mortgages, amply secured not only by the value of the property pledged as security, but as a further security the debentures constitute a first An claim on the total assets of the Company. analysis of the figures involved shows that, every debenture has behind it assets equal to three times its value."

"If after careful consideration of actual facts and figures you are receiving less than 8% upon your investments and/or savings, you are not using judgment but following old customs, believing 5% and 6% are current rates."*

COMPARISON

Mortgage Department, 1930-1931

Amount Commission

Earned $122,316

312,341,726.31

3,351,055.84 1.844,259.11

Year

1930 1931

Amount

10,052,040 19,194,867

Market Value of

Property $18,662,000 34,075,565

% Average Average Value Interest Commission loaned rate

% 54% 9.18% 1.215% 56% 9.53% 0.7.65%

Excess Interest

over 8%

118,614

255,291

146,825

€373,905

$269,141

373,905

Mortgages on Real Estate held by

Company Dec. 31, 1931

35,971,209 Total Debenture Issue Dec. 31, 1931 4,840,700 by which it will be noted that all of the proceeds from Debentures are invested in Mortgages and $1,131,500 of the Company's capital.

In the past twenty years the Company has negotiated more than one hundred million, Taels in mortgages, all of which has been repaid, principal with interest.

Earned above 8% paid to Debenture holders- 3643,046

Of the above mortgages, there was assigned to investors:

1930 1931

6,532,660.00 #13,223,545.00

A lower rate of commission existed in 1931 due to cheap money for the greater part of the year, from September, money commenced to tighten up. As it is we earned 1.33% interest in excess of 8% paid on our Debentures, in addition to $146,825 commissions. From the above it will be seen that our 8% Debentures are secured by first mortgages on 56.4% of value and backed up with $5,000,000 capital.

---CUT OUT &- MAIL TODAY

Secretary,

China Realty Company,

70, Szechuan Road, Shanghai.

Dear Sir,

Please send me without obliga- tion on my part a copy of your last balance sheet and other information regarding your 8% debenture issue,

Namo

Address

望

This is No. 45 of a series advertisements issued

to interest Hongkong investors in the liberal investment opportunities offered by the China Realty Company, Shanghai.

CHINA REALTY COMPANY

CAPITAL TAELS 5.000.000.00 FEDERAL INC.. U. 5. A.

ATHE REAL ESTATE MARKET PLACE OF SHANGHAI

700

s z

C K

EN

R

HAN. GI H AI

N