1934-06-11 — Page 10

10

DOLLAR STEAMSHIP LINE AMERICAS MAIL LISE

ANNOUNCE

NEW LOW ROUND-TRIP

FARES TO MANILA

AND RETURN

FIRST CLASS HK$180.00

Tickets valid for one month from date of issue and are on

sale now to Septem-

ber 30th.

BARBER-WILHELMSEN LINE

Pacific

MONTHLY SERVICE.

SAN FRANCISCO

LOS ANGELES

To

Panama

BALBOA

CRISTOBAL

NEXT SAILING

Atlantic

NEW YORK

BOSTON

M.V. "TAI PING”

OD

18th JUNE.

EXCELLENT ACCOMMODATION

FOR 12 PASSENGERS.

DODWELL & CO., LTD.

Queen's Building.

Agents.

Telophone 28021.

THE HONGKONG: TELEGRAPH.

CONTRACT BRIDGE

By W. E. McKenney

Solution to Previous Contract Problam

MONDAY, JUNE 11, 1934.

LANE, CRAWFORD CINEMA SCREENINGS

MEETING

NO DIVIDEND FOR 1933

*Addressing shareholders at the twolfth ordinary yearly meeting of Messrs. Lane, Crawford, Limit ed, held nt Exchange Building on Saturday morning, the Hon. Sir William Shenton (Chairman) said, In part:

It

Don't lead a card blindly, simply because your partner has bid that suit. If your partner makes. än The profit for the year on Working opening and It develops into anecount amounts to $92,579.10. Com good attack on the declarer, don't pared with the previous year, this switch.

shows a decline of $11,421.22, which is almost entirely attributable to a To-day we find East anxious to further shrinkage in turnover. The obtain a ruff. He has two losing | reiterated explanation of general hearts that can be picked up by trade depression and curtailed pur- the declarer; so, because his part-chasing power grows monotonous, but ner has bid spades, he wishes to remains none the less applicable.

On the debit mida of the Profit and try to get a ruff in. That permits the declarer to make his contract, Loss Account you will note that the usual composite charge for Directors West's bid of one spade over one, and Auditors' Feen has, been sub huart is, I believe very conserva- divided, and Directors' Fees and tive. He should double. Of emoluments now appear as a

a neparate course, North and Sonth will arrive charge in pursuance of requirements at four hearts, and East and West, of the Companies Ordinance, 1932,

Expenditure on Repairs and Ro could not make more than three

newals amounts 10 $2,495.77, 25 diamonds.

against $7,083.18 in the previous year,

The Play

The opening lead by West is the king of diamonds, which declarer ruffa with the deuce of hearts. He then leads a small heart, win- ning in dummy with the ace and re- turning the nine of hearts. East! goes right in with the king.

(Continued from, Page 2.).

the situationa, an enormous Greal Dane dog goes along. After some exciting and ludicrous happenings en routo, especially at the Grand Canyon, the quartette arrives at Nuggetville, Navada, pursued by two detectives who are after Ruggles on suspicion of bank thoft. In Nuggotvilio, Fields and Miss Skipworth get into the pic- ture, the latter as a hotel keopor and the former as the sheriff. The pace of the picture, fnaf up to this time, becomes breath-taking, and the speed is maintained right to the final fade- out. Thero is the first pieturo in which Burns and Allen have had fea- tured length roles, and they establish thenisolves un splendid screen person- alities. Mian Allon's every appear anco and almost her every line is the signal for renewed laughter from the audience. Mr.

Ruggles and... Mias Boland continua the excellent work which caused

so much favourablo comment in "Mama Loves Papa" tho whimsical humour of the former and the helplessness of Miss Boland being seen to the beat advantage. Mr. Fields is a scream, as always, and Miss Skipworth makes a wonderful Recond and foil for him. His pool table act, revived from his old Zieg- feld Follies and vaudeville days In one of the highlights of the produc tion: Summed up, "Six of a Kind is

one of the funniest comedies of the Hanson.

depreciation, and particulars of how Ample provision has been made for the charge of $51,485.47 has been applied, are fully detailed in tha Balance Sheet to which I now direct my observation fxed Assets stand the Rolex Watch Co., Ltd., and the sented by the Company. Those are The Company's at a figure of $2,610,346.07. Particu- Burroughs Adding Machine Co. An lars of how this total is computed are you are no doubt aware, the Rolex His partner has bid spades-it clearly stated in the Balance Sheet, Watch is known as The World's looks as though, if he were to lead and shareholders can study, without Best Wrist Watch"-a title merited a spade, his partner might win further guidance from me, the direc- by maintaining for many years the with the ace and he could then gettion in which capital expenditure has highest percentage of all official certi

bigh precision ruff In with his seven of hearts.een incurred during the your. Since, ficates awarded for

however, the matter of capital cx- wrist watches, But if he had kept track of the penditure was the subject of a re- mark by a shareholder at our Inst yearly Meeting, I wish to point out that, an compared with a figure of $56,400.10 for the previous year, additions to fixed assets during the year amounted to the greatly reduc ed figuro.of $22,785.04.

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trump he would know that South was down Lo but two trump.

This represents 1 considerable Raving, and has enabled us to divert funds for the purpose of reducing the loan of $2,100,000.00 sccured by a Mortgagu on Exchange Building. If you refer for 1 moment to the Liabilities, you will note that

this lonn has, during the year under re- view, been reduced by no less than one lakh, and whilst this may be regarded as eminently satisfactory, would point out that until such time as our indebtedne under this head ing is reduced to a figure mère con- mensurate with the basic principle au applicable to advances made against properly, it is essential that your Company should concentrate on re- lieving itself of this obligation to its Bankers.

i

The Burroughs Adding Machines, Calculators, and Book-keeping ma- chines are equally well-known; and, with the general trend towards mechanical accounting, it is hoped that this agehey will prove a munorative source of income. I would mention that two Bank Posting Machines have already been installed in a local bank.

Te

As an announcement of especial in- terest to the ladies of the Colony, I would state that excellent arrange- ments have been made for deliveries of the very latest styles in Ladies' and Mises Gowns, Hnts, etc. from New York, and with these added to shipments from London and Paris, our Ladies' Salan will be in a position to meet the requirements of the most fastidious.

our

In conclusion I would like to ex- press thanks of the Directors and shareholdiers for the loyal co-opera- tion of the staff during the year.

I now beg to formally propose that the Report and Accounts for the year To revert to the Assets, Stock. ended February 28, 1984, as present- at the 8gure of $720,882.54, is con- ed, be adopted, and shall be glad I If East returns a spade, Southsiderably less than at the close of the some shareholder will second the pro will win with the ace, cash his previous year, and 1 om pleased to pasal. When this has been done, 1 queen and jack of hearts, picking state that, by dint of careful buying shall be pleased to answer nay ques-, up the outstanding trump, and will and energetic selling, there is very tlons shareholders may wish to ask. lose only two spade tricks. With little redundant stock on our hands. Mr. S. M. Churn: I have great the king of hearts, which he has $189,948.8 is slightly higher

The figure for Sundry Debtors-pleasure in seconding the loption of already lost, this gives him four for the previous year.

than the report and accounts as presented.

-Carried unanimously.

odd.

If Enst, instead of leading a spade, were to return a diamond, South would be forced to ruff with the jack" of hearts Now South will lead clubs, but the third club will be raffed by East with the seven of hearts.

No Dividend.

The re-election of Mr. T E. Pearce, retiring director, was pro- posed by Mr. P. I. Suckling and seconded by Mr. E. J. Ainsile, and was carried unanimously.

It is a matter of regret to your Directors that they are unable to recommend payment of a Dividend. Unler existing conditions, trading re The re-election of Messrs. Linstend sults are by no means unsatisfactory, and Davis as auditors at a remunera- but I believe it will be appreciated by tion of $1,750, was proposed by Mr. shareholders that their interests are F. C. Barry and seconded by Mr. D. East will then lead another dia- | ultimately best served by the policy| M. Goodall, and was nwad, which South will be forced | adopted by your Directors, Incanimously. to raff with the queen of hearts.cordingly trust you will approve these West will get out of the way with

recommendations. the ace of diamonds, and now the remarks on our organization.

I will now conclude with few

Your property. Exchange Building

SWAN, CULBERTSON & FRITZ.s other trick the declarer eun

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

Members of:

New York Cotton Exchange

Chicago Board of Trude.

Commodity Exchange, Inc.

(Silver, Rubber; Silk Copper, Hides and Tin). New York Coffer and Sugar Exchange.

Correspondents for Hayden, Stone & Co.

Telephones: 30244, 30245, 30246. Cable Address: Swanstock

9, Queen's Road Central

(Corner of Ice House Street).

un-

carried

Those present were: The Hon. Sir William Shenton (Chairman), Messrs. T. E. Pearce, E. M. Raymond, A. D. Stewart and J. H. Taggart (Diree- tors). Shareholders present were: win is the ace of spuden, because and Burrows Street-has been mal- Mesara, S. M. Churn, P. 11. Suckling, when he leads a club, East will tained in first class order, and you F. G. Barry, 1. J. M. de Figueiredo, gruff, cash three good diamonds will be gratified to know that, de- D. M. Goodall, E. J. Ainulle, D. 9.

and, instead of making his contrge Building continues to at-

new buildings recently erect, Rogers, D. R. Kharas, O. F.Ribeiro, tract, the declarer will be downtract tenants, and all office sccom- Forsyth (representing Messis, Lin

jun,, K. C. Mark Snu-kin, and 11. 1.

modation is at present fully occupiest.tend and Davis).

In its trading during the year under review, your Company has continued to maintain its reputation for supply- ing highest quality merchandise at reasonable prlees throughout ali de- partments. Stocks are comprehen- sive and cover a wide range of com- petitive values.

three tricks.

Today's Contract Problem Can you make six spades for South, with this hand? Weat opens the king of clubs.

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Solution in next issue.

In August last, the Company

In- stituted a highly efficient and ex- penditions delivery service, which has afforded customers the satisfaction of obstaining fresh commodities at any titne between early morning and late evening. Deliveries are now effected to every part of the Colony, including outlying districts, and this con- venience is much appreciated by the Company's patrons.

During the year. Lwo valuable agencies were added to the already large, list of reputable arms repre

FRECKLES AND HIS FRIENDS

Quicker

and a shine:

as bright as lightning

BRASSO BRASSO

METAL POLISHE

A Trained Parrot!

THE

BLUE FUNNE

LINE

REGULAR AND FAST PASSENGER SERVICES

FREIGHT AND

LONDON SERVICE

MENELAUS

AGAMEMNON

LIVERPOOL SERVICE

DARDANUS 1 July Tripoli, Havre, Liverpool, Glasgow, H'burg, Danzig-Noufnbrwasser & Gdynia

13 Jan Daniblauca, London, Rotterdam, Hamburg & Nal! 21 Jaur Manasilion, Lansing, Rotterdami,

Unmburg & Glasgow

<

NEW YORK SERVICE

Boaton, New York, Philadelphia & Baltimore via Manila, Straits & Buez

PACIFIC SERVICE

TYNDAREUS, 21 Jaws Japan, Victoria, Seattle & Vancouver INWARD SERVICE

1

OALOHAS PATROULUS ADRASTUS

Que 10 June From U. K. via Straita Due 22 June From U. K vin Straits

Duo 22 Juno From New York vín Manila

Specially reduced fares aro quoted for cargo steamers with

limited passenger accommodation.

For traight, pange rates end information apply to the

nadar-mentioned.

BUTTERFIELD & SWIRE.

Agenta.

LLOYD TRIESTINO

FLOTTE RIUNITE LLOYD TRIESTINO MARITTIMA ITALIANA SITMAR.

69

FAR EAST-INDIA-ITALY.

Express, Passenger Service. S.S. "CONTE ROSSO" for Italy (London) 5.5. "GANGE" for Shanghai

.4.

Freight Servics,

M.V. "HILDA" for Shanghai & japari M.V. "COL DI LANA" for Italy via ports

DODWELL & CO., LTD.

Agent.

.. 10th June,

5th JULY

15th June

19th Juna

WANTED AT ONCE.

MEN'S AND BOYS' CLOTHING, SHOES, HATS, ETC.

will be very gratefully received by the HONGKONG BENEVOLENT SOCIETY at the Old Police Station, Wanchai

on

MONDAYS & THURSDAYS

from 10.30 a.m. to 12.00 noon.

Send us your old clothes.

By Blosser

KOMOR'S

clearing

TEA and COFFEE

Seta for 6 Persone

Reduced $4. & $6–

WHAT MAKES YOU THINK YOUR PARROT

CAME INTO MY YARD ?

BECAUSE I SAN HIM HEADED "THIS WAY! BUT I LOST

HIM IN THE DARKNESS!

15 HE VALUABLE, MISTER

2

I SHOULD SAY HE IS!! HAVEN'T YOU EVER HEARD OF ANTONIO, THE SMARTEST. PARROT IN THE WORLD? WELL, THATS HIM...AND HE WORKS. WITH ME IN AN ACT OVER

AT THE THEATER

IF YOU SHOULD FIND ANTONIO,GIVE 'ME A RING, AND I'LL SLIP YOU A COUPLE OF COMPLIMENTARY TICKETS!

OKAY.....IF ÅWE FIND HIM,] YOU GIVE US *THE TICKETS AND WE'LL

GIVE YOU

THE BIRD!!

DO YOU SUPPOSE HE CAME OVER HERE

JUST TO SPY ON US, FRECKLES

· I DONT THINK SO, NUTTY..... HE SEEMED ALL RIGHT.......IF VE FIND THE PARROT, WELL SEE A SHOW-LOOKS LIKE A BIRD IN THE

HAND IS WORTH TWO IN

THE BALCONY!!

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