1934-02-12 — Page 2

T

ARMACIA SERRAVALLO T

SERP

TRIESTES

KEEP

STRONGER and HEALTHIER

on

SERRAVALLO'S TONIC

SERRAVALLO'S TONIC

is known as the best:

Health-giving Restorative,

Blood-builder,

Nerve-invigorator and Rejuvenator.-

"SERRAVALLO'S TONIC"

"The Tonic" for all ages and for all climates.

TRY IT. "SERRAVALLO'S TONIC"

is all, you require!

It will make you well and keep you fit!

Sole Agents:

THE HO THONG COMPANY, LTD.

48A, BONHAM STRAND WEST.

Obtainable at All Stores.

The Wing On Co., Ltd.

The Sun Co., Ltd.

The Hongkong Hotel.

Kwun Tye, Queen's Road.

French Store, Queen's Road.

IN KOWLOON:

Hung Cheong,

Tal Wo, Empress Store.

The Sincere Co., Ltd.

Lane, Crawford, Ltd. The Peninsula Hotel.

Ty Shing, Queen's Road.

Wing Cheong, Queen's Road.

IN CANTON:

The Blacere ̃Co., Ltd.

The Sun Co., Ltd.

THE HONGKONG TELEGRAPH MONDAY

BANK OF EAST ASIA, LIMITED:

DIVIDEND OF $0 AND $1, BONUS DECLARED

Bonus to Staff.

with

FEBRUARY

*****$336,016.00

55,080.00 To transfer to Reserve $100,000.00 To pay a Bonus to the

Staff

24,000.00

The increase in the Investment Ac pose that the report and accounts sa count is das to the incorporation of With then rotarka' I beg to pro the Staff Provident Fund in our bal-presented be adopted and that the anco shoot. All investments includ-] balance of 8938,041.00 standing at ing those held on trust for the Stair the credit of Proft and Loss" Ac- Provident Fund have been written count bo dealt with as follows: down to the ruling market prices at To pay a Dividend of $6 the end of the year. -

per sharo .on 65,980 With the present low rate of in- shares absorbing The fifteenth ordinary meeting of terest ruling in the Colony I think To pay a bonus of $1 per shareholders of the Bank of East shareholders will be satisfied

share on 65,983 shares absorbing, Asia, Limited, was held on Saturday, the Directora recommendation of the at its registered Office, No. 12, Des payment of a dividend of $4 and a bonus of $1 per share for the year Voeux Road Central,

The Hon. Sir Shouson Chow pre making a return of 7% on their

To carry forward.....$334,041.44 sided, and there were present. Alessrs. capital,

Mr. Kwok Shlu-lau seĉondod, and Wong Chu-son, P. K. Kwok, Wong Yun-tong, L

Кал Tong-po meritorious service, the Directors recounts was carried unanimously.

Li Tse-fong commend you to voto for the pay- Mr. Tao Shuklon proposed" and (Manager), and Messrs. Kwok Shlu- ment of a bonus of $24,000 to the Mr. Lo Hau-fook seconded the ap

which is the same as last pointment of Mr. Li Lan=8abg_83 lau, Chow Tung-sang, K. K. Lec, Lo Staty

Wong

Li Fo-tin, year. Hau-fook,

Yin-nin.

ordinary Director for the current Before I formally move, the adep-year. hn Tung Chọn Tze chạy, Fok Cho Fee. Too Shuk-hon, II Pak-to, Chow de Chew yee, (Shareholders).

wish to state that during the year and Mr. P. K. Kwok seconded the After the notice convening the arrangement was made with the Leo re-election of Messra. Porey Smith, meeting have been read by the Chief Wah Bank, Ltd., in Singapore for Seth, and Fleming na auditors for

the Chairman wald:-The the promotion of our exchange bust-the onauing year. of the Directors and state- neas In that contre and I am glad The Chairman announced that divi- will be payable un ment of account for the year end to say the result so far obtained fa, dond warrants

February 12, 1934, ing December 31, 1983, together with quite satisfactory. (Applause.) the Auditor's report having been in your hands for sometime I will, with your permission, take them as read.

chun, Li In recognition of their loyal, and, the adoption of the report and ac

Working Profit Decline.

The nett profit for the year's work- ing shows a slight decline from that of last year, but after taking into consideration the general trade de- pression throughout the world I think the result obtained is not as;

An unsatisfactory as it would scem. indication of this depression may be found in the balance sheet before you, more particularly under the hending of "Bills Receivable" which shows a falling off of over a mil- lion dollars as compared with last year.

Under existing conditions in the Colony your Directors have experi enced difficulty in finding safe and profitable employment of our surplus fund with the result that at the end of the year the ratio of our cash reserve represents over 70% of our. labilities under current and fixed de- posits.

The usual amount was written off Premises Account. from the Bank

in

The addition of a sum of little over $84,000 to this account consists most- ty of final payments on the comple- tion of a new building for our Can- ton Branch and part paymenta respect of works on the foundation on our new Bank Building in Hong- I take this opportunity to in- kung. form you that the work on the foun- will be dation and basement floor completed very soon and work on the super-structure will be started some time this month early next month. It is expected that the whole build- will be completed during the

early part of next year.

Furniture and fixture account re- mains at the nominal figure of one dollar. The cost of fixing up our temporary Office amounting to about $48,000 was paid out of our current earnings. for the year.

OURENS

WEDNESDAY

It's a M-G-M Programme-

It must be good!

Bringing what this town needs most

MORE LAUGHS!

and how you will laugh.

with

BARON

STAN LAUREL OLIVER

HARDY

JIMMY

(Schnozzle}

DURANTE

MUNCHAUSON

(Vas you dere, Sharlie?)

and not forgotting

in

TED HEALY and his STOOGES

"MEET THE BARON”

FLOWERS

FOR

CHINESE NEW YEAR

20

OUR BRITISH CROSSWORDS

Across

1 Looking back on this. Indian government the conflict of opini- on is very noticeable.

3 One cannot insngine that he ever said, "I've a chill, ma." (Anag.), 8 Have a day in France with your

aon around just a short visit, 9 Church furniture.

10 One on the enr.

11 State.

12 Apparently this stretch of bar- ren moorland is simply deadly.

18 Go round the edge introduced by

n glider.

Л

17 Scale it (anng.).

18 It may well be inauspicious to find before us order in nothing. 21 Immature, and, for the mont

part, abrupt.

23 Flag.

21 Colour-rather indefinite.

25 Evil

28

Seculckage.

20 Meet on the way, necording to Mr. Chambers, but he doesn't tell you whether it's going or coming.

30 Express. Not a word, though! 31 Being what It Is.

Down

1 Though carried with care these

are frequently broken.

2 Sweets which make a certain

appeal to Africans,

3 Ahammer to handle roughly,

4 You want a general notion for

this.

5 This is simply great.

6 This sort of

definite.

7 Bore.

0 What a swell!

talk is most in-

13 He carries on for another.

14. This trinket is small and elegant.

10 It takes all sorts to make

world, and a poor fool, of course,

cluded in the full range...

19 Describes rock.

20 Clued by 16.

21 broken romance, 22 Spring.

20 A case in which on outalder

becomes a judge,

27 "Punch" writer.

28 Retrousse.

Saturday's Solution

ASPECT COLLFDED TURA EE ALPINE "PROTECT S TLCAH EVE ERNIE DESTROYER UJ ROD - O ROAST UPROAR SYD CON

IS

V

ASSENT THEME TA A-YER TERMAGANT NIECE K'O I LE A M′ N APPETITE STRONG

KH OP

ELEPHANT

ANE

CLUYE D

CHINESE NEW YEAR FESTIVITIES !

CHINESE

NEW YEAR'S EVE

FLOWERS THAT FORETELL THE

Tuesday,

#

APPROACH OF SPRING-

February 13th

.

Peonies, Roses,

Chinese Narcissi,

Special

Carnations, etc.

SWAN, CULBERTSON & FRITZ.

Investment bankers and brokers in securities and commodities Daily New York and London Stock Exchange Service. Commodity Futures on the principal American morketa.

Members of:

New York Cotton Exchange Chicago Board of Trade. Commodity Exchange, Inc.

(Silver, Rubber, Silk Copper, Hides and Tin).

Telephone 30244.

· Correspondents for Hayden, Stone & Co.

Cable Address: Swanstock Asia Life Building, 14, Queen's Road.

Branches of Peach Blossoms in pots,

Plum Blossoms, Chinese New Year.. Flowers, etc..

ALL ARE HERE AT

CHINESE NEW YEAR FAIR

SINCERE'S ROOF GARDEN

THE ONLY CHINESE NEW YEAR FAIR IN THE CENTRAL DISTRICT.

SPECIAL ATTENTION

For convenience of Chinese New Year shoppers, Sincere's Main Store will be open-

TO-DAY: From 9 a.m. to 10 p.m.

TO-MORROW (N, Y. EVE): From 9 a.m. to 12 midnight.

Dinner Dancos

at the

HONG KONG HOTEL·

8.30 p.m. till 2 a.m.

G

+

PENINSULA HOTEL

keservations

8.30 p.m. till 1 a.m.

$6.00 per cover

Tho Hongkong &. Shanghai Hotels, Limited.

Phones.

H.K. Hotel 30281 Pen,

58081

恭喜 KUNG HEI FAT CHOY 發財

Toothing troubles

Because 800TT'S Emulsion ontains 44% of puto cod liver

pi) and Ume salte

it prva

Sa hans formation, toothing troubles, ciokota and soft bonas. Ask for

SCOTTYS EMULSION

SALESMAN SAM

WELL,TH' PLACE IS LOOKIN')) YEAH! BUT THERE'S ONE, PRETTY NICE, SAMMY!

TOUCH MISSIN', CHARLEY WE NEED SOME LANTERNS,

Charley's Light-Headed!

HERE'S TEN:BUCKS! BETTER. RUN OUT AN' BUY. A FEW!

TEAMSTERS LUNCH ALAKARE

OKAKE SAM! I KNOW TH' VERY PLACE! BE BACK

"IN A JIFF!

By Small

1 BOUGHT 'EM FROM A FRIEND O'MINE.

WHO'S PAYIN' THIS STREET!

JOPEN:

SOON

AS A

¡CHOP:

SUEY Joist