10
WAIT! AND WATCH FOR
-
The Surpriso Picture of the Year
A Great Star
?
In a True Story
The Grandest and Finest
Entertainment Ever Brought
to the Screen.
MAN HING
TAILOR
PERFECT FIT GUARANTEED.
No. 9, D'Aguilar Street,
CHINA
Tel. 20780.
THE HONGKONG TELEGRAPH.. MONDAY, NOVEMBER 28,
"BRACO"
Dark & Grey.
RYE BREAD
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HABADE
[Hamburg Bakery & Delicacies]
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KOWLOON STORE: 21. Hankow Nood (Opposita Star Theatre). TWL BEKIN.
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Or From All Compradores.
DEBEN TURES
COMPANY REALTY 8% INTEREST VS 6% INTEREST MEANS ONE THIRD MORE INCOME
The following extracts uro taken from theo Chairman's statement at the last annual Shareholders' Mcoting, February 29th, 1932.
"We feel that the Debenture holder from an investment stand- point, is just as much an interested partner of the Company as the Common Shareholder and is entitled to his just return on his invest- ment, 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 quito plainly, the proceeds from the sale of our debentures 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 claim on the total assets of the Company. An 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 5% are current rates."
COMPARISON
Mortgage Department, 1930-1931
Amount Commission Earned $122,316 146,825
Market
Year
Amount
Value of
yú Value
Property
1930 1931
10,052,040 19,194,867
18,662,000
34,075,565
loaned 54% 56%
Average Interest
rate 9.18% 9.33%
Average Commission
% 1.215% 0.765%
Excess Interest over 8%
118,614 255,291
$373,905
$269,141
.373,905
Earned above 8% paid to Dabentura holdon-3643,046
Of the above mortgages, there was assigned to investors:
1930 1931
¥6,532,660.00 .313,229,545.00
A lower rate of commission existed in 1931 due to cheap money for the greater part of the year, As it is we earned 1.33% Interest in excess of from September, money commenced to tighten up." 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 55.4% of value and backed up with $5,000,000 capital.
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.
Business turnover 1931, 345,632,300 in land and mortgages only. which does not include management of estates, rent collections, insur- ance written, trustees for beneficial owners of property and sundry sources of income.
The Company, are Realtors, not speculators in Real Estates. Tho balanco shoots as of December 31, 1931 shows:
Assots
Lands and Buildings at cost
Cash
Mortgages on Real Estates held by Company Dec. 31,
1931
Total Debenture issuo Dec. 31, 193!
12,341,726.31
3,351,055.84
1.844,259.17
35,971,200
4,840,700
by which it will be noted that all of the proceeds from Debentures are invested in Mortgages and 31,131,500 of the Company's capital.
In the past twenty years the Company has negotiated more than one hundred million Taols in mortgages, all of which has been ropaid, principal with interest.
CHINA REALTY, CO.
"The Real Estate Market Place of Shanghai.” 70. SZECHUEN ROAD
SHANGHAI.
CINEMA SCREENINGS.
NOTES SUPPLIED BY THE THEATRES
1932.
Child stars don't remain child stars all their lives. They grow up. And, generally, they disappear into ob scurity. Not so, however, with Ben Alexander, child ator of D. W. Grif fith's "Hearts of the World" and a score of other movies of a decade ago. He'n no longer a child star, but an He will adult player of distinction.
be found in an important role in "The Vanishing Frontier," coming to the King's Theatre on Thursday next, starring Johnny Mack Brown, and featuring Evelyn Knapp, Zau Pitts, Raymond Hatton and J. Farrell Mac Donald.
In "The Vanishing Frontier," Alexander in cast as the brother of Evelyn Kanpp. She, as the daughter of a general in charge of the military Kovernment of Old California, is in love with Johnny Black Brown, an out- law fighting against her father.
"Lady and Gent."
There are four types of lovers among American men. That you have on the authority of blonde young Wynne Gibson, featured with Georgo Bancroft in "Lady and Gent." a Para- mount picture which is showing at the King's Theatre. First there is the tender lover. He is a virtual slave to the woman he adores. Ho novor. even for an instant, unkind or harsh. He tries to anticipato her every wish, and fulfill it before she can express it. Second, there is the noble lover. Ho is the kind who is willing to give up Inmily ties, a chance to make good in his father's brokerage office, or any- thing else, to win the girl he loves. Then there is the romantic lover. Ho must have a moon, sighing pine boughs, and soft music in the dis- tance to pat him across. This typo usually has to digest a couple of volumes of James Branch Cabel be- fore a date. And last, but certainly not least, there is the civilized cave- mine the masterful lover. Most of to day's popular screen lovers are of this type-Meurice Chevalier, George Ban- croft, Clark Gable, John Barrymor Frederick March and Ronald
Miss Gibson, in "Lady and Gent," de- monstrates her own liking for the layt
cirle type by sticking with George Bancroft.
CALL OF THE WEST
(Continued from Page 3.) "Are you hurt?" he cried. She looked into his eyes and sud- denly Dona became repentant. Dud- ley had suffered during her absence, that was certain.
"I'm all right. How is Dad?" She apoke rapidly.
"He's running around like a wild man. We'd better get right in be fore he burns down the camp." Dud- ley was beginning to regain his composure now that he saw she was not harmed.
"Hua he been riding?" Dona asked contritely.
"All over the mountain! You'll never know how glad I am to see I could no more handle him you.
a wounded tiger!" than I could Dudley was plainly relieved to have, Asper off his hands.
"We'll gallop right in," Dona said She cast a last glance up the slope
tho where
forming posse was around the dense growth in which she had left Stan Ball. The circle, hnd tightened and the men wore erawling forward with the greatest caution.
now
Dudley mopped his face with a silk handkerchief as he jolted along at her side.
"Has Swergin been in with any' news?" Dona asked.
"We haven't had a word about you. This is the first news." Dud- ley shouted to make her hear above the rattle of the horses' flying hoofs. Dona's lips pulled tight and her eyes flashed. She would have some- thing to say to the big timber boss when they met and she realized also that she would have some explain- ing to do on her own account. Her father might not be easily convinced when she told him of hor exneri- ence. Dona was sure there would be a scene when she explained the near lynching.
(To be continued.)
MOVING CAPITAL.
LOYANG ARCHIVES ARRIVING AT NANKING
Nanking, Nov. 27.
A large number of Government employees bringing archives have arrived from Loyang.
Mr. Lin Sen will leave Loyang for Nanking on Tuesday and is due here on December 1, when the Gov- ernment will formally that the capital has been
back hore-Reuter.
announce moved
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