1932-11-14 — Page 22

10

LLOYD TRIESTINO

FORTNIGHTLY PASSENGERS AND FREIGHT SERVICE FOR

BRINDISI VENICE & TRIESTE

via Slugspore, Colombo, Bombay, Aden, Suez, & Port Suld Taking Cargo on through Bille of Lading to Fiume, Genson, All Italian, Adriatic, Levant, Mack Sea and Danube Porta Passengers to LONDON (Overland)

NEXT SAILINGS FROM HONGKONG

M.V. "TERGESTEA“

8.S. "CONTE ROSSO"

S.S. "FUNFUMA"

For

Por Shanghal Singapore

& Japan

& Italy

30th Nov. 2nd Dec. 11th Dec. 6th Dec. 2nd Jan.

• Passenger Boats outward to Shanghal only. Attention is called to the a. Conta ftoasa and na. Conte Varde which will do. the voyage ilangkang/Yowica in 21 days 1has allowing London Passospnes to reach thale destination the day after dis- embarkation at Vonies.

Bailing Dates subject to alteration with/ent notier. For further particuines please apply term

Queen's Building.

DUDWELL & CO. LTD.

CHINA

THE HONGKONG TELEGRAPH. MONDAY, NOVEMBER 14, 1932.

TRAGEDY IN WIGAN

COLLIERY.

DEATH ROLL

ALREADY AMOUNTS TO 24

London, Nov. 12.

TEA PRODUCERS' AGREEMENT.

SETTLEMENT OF ANGLO. DUTCH QUESTION

1,700 KILLED BY TIDAL WAVE.

CUBAN TOWN DESTROYED FOR EVER

Camaguey, Nov. 13.

Batavia, Nov. 12. A complete agreement has been Already it is nacertained that reached between the British and A tidal wave which devastated 24 were killed and many Injured Dutch tea producers regarding the the coast town of Santa Cruz dei in an explosion at Garwood Hall question as to which year shall be Sur has left it unfit for human llory, Edge Green, near Wigan, the basis for determining the intensity habitation and it may never be re- during a night shift early to-day. According to a local paper, British built.

of restriction of production. when over a hundred men ware India, Cayton and Java have yet to

The exact number of deaths will at work.

choose their boom years, and it is not Although the accident occurred yet certain whether the restriction Probably never be known as the wave carried many at 3 o'clock this morning, rescue will be fixed at 16 or 20 per cont-retreating

bodies out to sea. operations were quickly organis- Reuter.

vif, and a party of 60 fought for

Heven hours through the deadly

7

Over 800 bodies have alrendy boon buried, but for the safeguard

"fira damp" before reaching the dozen are believed dead, three of health and living it has been scene of dianster.

slightly injured and three serious- decided to burn the remaining

The British Islands of Littic

The explosion occurred 800 ly Injured. Seventy-two escaped corpses. yards below the surface, where or were rescued unhurt, whilst The official estimates place the 24 bodies have already been dis-tour are unaccounted for.

dead at 1,700, covered.

The explosion was slight and Many were so terribly burned as there was no firm, but there were to render them unrecognisable. Ivory few survivors of men work-Cayman and Caymanbrac, 160 It is feared that the deh rolling in the spot in which the disas- miles from Jamaica were also de- will amount to 28, na four men are ter occurred. More than a dozen vastated by a hurricane and over still missing and unaccounted for. rescue teams at once began onora- 60 killed and hundreds injured.

tions, but their work was serious- All the Government buildings

.

The Explosion.

ly hampered by the presence of were destroyed by the terrible There were 106 men in the pit dense volumes of "Are damp." visitation.--Our Own Correspon2] when the disaster occurred. Two Reuter and British Wireless.

Ident.

REALTY COMPANY 8% DEBEN CURES 8% INTEREST VS 6% INTEREST

MEANS ONE THIRD MORE INCOME

THE

BLUE FUNNE

LINE

REGULAR AND FAST FREIGHT AND PASSENGER SERVICES

LONDON SERVICE

AENEAS

DIOMED

22nd Nov. For Martelles, Lanuon.

Butterdam & Glasgow 33th Nov. Fa ficiollos, Osabla 193

Londan, Rosiorum & Hamburg

ienos, Liverpool & Havre

IVERPOOL SERVICE KEMUN ilch Dou. NEW YORK SERVICE

MENTOR 0th D... f Bute, Now York & Baltimore via Philippines, Part 9 well-chara & Singapore

PACIFIC SERVICE

IXION PANTALOS

23rd Nw. 17th D.

For Victoria, Seattle & Vancouver Por Victoria, Seattle & Vaneuver

INWARD SERVICE VELEU EUX LEUS

Dia 1th Nav, far Shanghai Duo 23th Nov. For Shaughti, Taingtio, Moji Kibe & Yama

Specially sad scad turen ata qanel fie cargo steamers with

limalted pisanger acommodation.

Bie frofcht, panago zake wad information apply to the

under mentioned.

kli kartingu see subject in the provis ons if the Company

Bill of Lading

BUTTERFIELD & SWIRE.

Agents.

COMPARISON

Mortgage Department, 1930-1931

% Average Average

Market

Year

1930 10.052.040 1931 19,194,867

Amount

Value of

Property

Value Interest

loaned rato $18.662.000 54% 9.18% 34,075,565 56% 9.33%

Commission 0/0 1.215% 0.765%

Excess Interest over 8% $118.614 255.291

Amount Commission

Earned

122,316

146,825

$373,905

$269.141

373,905

Weekly Sailings Transpacific

Earned above 8% paid to Debenture holders 3643,046

Of the above mortgages, there was assigned to investors:

1930 1931

36.532,660,00 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 carned 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.

Security plus Earnings

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 testablished more than 20 years) real estate companies in Shanghai with a steady successful record back of it.

Capital 15,000,000 fully paid in cash. Business turnover 1931, 45,632,300 in land and mortgages only, which does not include management of estates, rent collections, insurance written, trustees for beneficial owners of property and sundry sources of income.

The Company are Realtors, not specula- tors in Real Estate.

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

Assets

Land and Buildings at

cost

$12,341,726.31

Cash Mortgages on Real Estate held by Company Dec. 31, 1931

Total Debenture issue

3,351,055,84 1,844,259.11

$5.971,200 4,840,700

by which it will be noted that all of the proceeds from Debentures are invested in Mortgages and 1,130.500 of the Company's capital.

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

To San Francisco, Los Angeles & New York

vis Panama

Fortnightly sailings,

Nov. 22

Pres. McKinley... Pres, Grant... Wed., Dec. 7

Pres. Lincoln .... Wod., Dec. 21

4

To Seattle and Victoria

Fortnightly sailings on Saturdays. Pres. Cleveland ....... Nov. 26 Pres, Taft

Dec. 10

Pres. Jefferson

Dec. 24

ROUND TRIP FARES TO EUROPE & AMERICA. Special through rates to Europe via United States. Direct connections with all Atlantic lines. Choice of rall lines acros United Staten and Canada. liberal stop-over privileges for sight-seeing. Full particulars upon application.

Fortnightly via Suez to Europe & America

Fortnightly sailings via Manila. Stralta, Colombo, Bombay, Suez Canul, Alexandria, Naples, Genos, Marseilles, New York & Boston. Prek. Hinges

Sat., Nov. 20 Pres. Monroe ..... Sat, Dec. 24 Pres. Pierce ... Sat., Dec. 10.

TO

Next Sailing

Pies, Cleveland Pres. Hayen

MANILA

Nov. 19

Pres. McKinley Nov. 15.

Pres. Gennt Nov. 26 Prea. Taft

Nov. 29 Dec. 3

CONNECTING WITH 5.5. MAYON TO CEBU, ILOILO. ZAMBOANGA.

DOLLAR STEAMSHIP LINES AND AMERICAN MAIL LINE

CANTON BRANCH-No. 4 Shakes Street,

If after careful consideration of actual facts and figures you are receiving loss than 8% upon your investments and or savings, you are not using judgment but following old customs, believing 5% and 6% are current rates. "The Real Estate Market Place' of Shanghai.” -

*CUT OUT & MAIL TO-DAY

Secretary,

China Ronity Company.

70. Szechuen Road, Shanghai. Dear Sir,

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

Namo

Address

This is No. 42 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.

-THE REAL ESTATE MARKET PLACE OF SHANGHAI

SERVICE OF FAST MOTOR VESSELS

(with Limited, bat exceptionally good, passenger accommodation). tomawards to:

:

Port Said, Genoa, Marseilles, Algiers, Oran, Rotterdam (Amsterdam), Hamburg, Oslo, Gothenburg and other Scandinavian Ports,

via

Manila and Straits Settlements.

Sailing about

M.V. “NANKING"

M.V. “TAMARA”

utwarda to:

20th Nov. 20th Doc.

SHANGHAI, & JAPAN PORTS.

Salling about

M.V. "TAMARA" M.V. "PEIPING" 14senger Rates:

Hongkong to Genoa & Marsotilas £57 Hongkong to lat North

Continental Port-

£62

30th Nov.

20th Dec.

"A" Claar

"B" Claus

£62

EST

,,LTD.

G. L. HUYGEN

Canton.

THE SWEDISH EAST ASIATIC CO.,

conte:

GILMAN & CO., LTD.

Hongkong.