1935-03-25 — Page 16

CLASSIFIED ADVERTISEMENTS

25 WORDS $1.50 for 3 DAYS PREPAID 50 cents for Every Additional Day Alternate Insortions 20% Extra.

If Not Prepaid a Booking Fee of 50 cents is Charged.

THE HONGKONG TELEGRAPH. MONDAY,

NEW ADVERTISEMENTS. REORGANISATION OF

UNION WATERBOAT CO., LIMITED.

THE

Notice to Shareholders.

THIRTIETH ANNUAL GENERAL MEETING of SHARE HOLDERS Wwill be hold in the Offices of Messrs. Dodwell & Co.. Ltd., on WEDNESDAY, 3rd April, receiving the report of the General 1935, at-11-am-for-the-purpose of

ment of Accounts to 31st Decem ber, 1934.

The TRANSFER BOOKS of the Company will be CLOSED from the 23rd March to 3rd April, 1935, both dates inclusive.

The following replies have been THE HONGKONG & WHAMPOA Managers together with a state

received:--

$30.

WANTED KNOWN

DOCK CO., LTD.

NOTICE IS HEREBY GIVEN that the Ordinary Yourly Meeting of Shareholders will be held in the Office of the Company, 2 Queen's Buliding, Hongkong. on Monday, OF 35th March, 1935, at Noon, fur con- PERSONAL EXIBITION CURIOS. A personal exhibition of sideration of the Directors' Report curios, will be held at No. 48-50; and Statement of Accounts for the Village Road, Happy Valley, Hong-year ending 31st December, 1934. kong. The exhibits are Including

chinawaro Copperware Jade stones

The Share Register and Trans-

and some other ancient pictures of fer Books will be closed from the Yuen Ming and Ching Dynasties. 18th to 25th March, 1935, both days Visitors and intending buyers are inclusive. cordially invited between 9 a.m. lo 0 pm, commencing on 23rd March,

· 1935.

WANTED TO BUY.

WANTED TO BUY-Second-hand Rattan veranda net, table, sctice and chairs, with or withoat cushions. Une Jarge wardrobe. Write Box No. 230. "Hongkong Telegraph."

TO LET

LARGE ROOM in the Morning Post Building, suitable for office or stock- room. Apply Manager, South China Morning Post.

TO LET—New modern two-story HOUSE, near 9 mile stone, Truen Wan. Excellent reenery, modern sani-

Apply Sincere Banking and Trust. Tel. 21885.

By Order of the Board of Directors,

E. COCK,

Chief Manager. Hongkong, 12th March, 1935.

· KING'S FRIDAY, 29th

(DOIF

in SAMUEL GOLDWYN'S production of

tation, screened against multos. KID MILLIONS

Blessed UNITED

ARF1533

י.

DODWELL & CO., LTD.

General Managers. Hongkong. 16th March, 1935.

KING'S SILVER JUBILEE

Dollar Collection Fund.

Managers of business firms and who have employees are others informed that special collection boxes for the Jubilee $1 Collec- tien are now available at 6 Ning Yuen Terrace, temporary head- quarters of the St. John

MARCH 25, 1935.

fore, a considerable arén of land in the centre of our main establishment, which, owing to its position, cannot easily be made, available for other purponos.

The reductions have been recom. Jointly. They have receiveil the moat mended by the Company's auditors careful consideration of your Chief Manager, and aro considered by your

MARKET DISPUTE

SHOP FOKI CUT WITH KNIFE

An incident in the Central Mar Board to be both necessary to meet ket yesterday afternoon, when a the present position

In the best

SPECIAL RADIO

ITEMS

TWO NEW ARTISTES TO-NIGHT

Listoners to ZBW will hear two

H.K. DOCK CO..

(Continued from Page 1.) small one, be it said, was designed to carry an all welded gasoline tank-n who has been well reported on daring her Arat few months of servico.

Steel casting business is still amal but during the last six months of the interests of the Company, if you customer was allegedly struck now artistes from 7.30 to 8 pm. year we made a radical alteration to the furnace and now we are consistent as the first of these resolutions we with a knife on the hand, had a to-night.

They are Adele Wason, 1 ly turning out a very high grade of Will have the advantage of knowing sequel before Mr. Macfadyen in mild steel casting. The metallurgy exactly where we stand, and further, the Central Magistracy this morn- colourato-soprann who has fre

not be hecary to provide out of foki, was charged with sulting States, and who will give excerpts not be very lnted out, it will ing, when Yam Chol-fuk, 19, stall quently broadcasted in the United

|-from—“Madame-Butterfly"——-and- is darnings so much for depre- Ko-Fong-fonts a shop faki

Inspector Ella told the Court "Faust," and Virgil Pompa, a Referring to the second resolution, that the complainant went to the pianist of International repute. for the increase of capital, you are defendant's stall to purchase vege- who will provide the accompani no doubt aware that in the past when tables and there was a disputement and, in addition, will play

the weight. freal capital was necessary, the Com-over

two of his own compositions..

Virgil Pompa, on his second pany did not increase its capital but abused complainant and the latter wor borrowed the money from the Bank. returned the compliment. It was gramophone lovers, for he The Company at that time was pay alleged that defendant picked up a

BETTER DIVIDEND PROSPECTS

holders

and it wo

considered better

Defondant

ܝܳܐ

well-known to has

ITALY REDUCES

BANK RATE

may surprise some of you to know of steel is extremely extensive it that steel of any one kind, and there altered even for the same composition are many, has a complicated structure, of its elements, by the heat treatment it has. during its production, Having found the solution of our difficulties, wo are now in a position to expand this section of our work if the demand justifies it

SUCCESSES SALVAGE From the very nature of things wong very large lividends to the share-katle and cut the complainant's made several Victor recordings. derive some of our revenue from the

The two artistes, are visiting to borrow the money from the Bank loft hand, necessitating hospital misfortunes of others, and we have than call on the shareholders. Capital treatment. Another fokl, alleged kong aboard the Empress of been fortunate with our salvage and overdraft must be considered to have pushed the complainant { Britain. repairs to the ship salved, and by together, the increase in the former from the back, absconded and the collision repairs.

Two largo vessels were successfully reducing the latter, and while lately police were unable to trace him. floated off the Pratas Reefs by our Bank and write off large depreciation, passed by the Magistrate.

we have earned sufficient to pay the

Three months' hard labour was Salvage Staff and the Tug "Henry nothing remained for the share Kenwick" and one was towed to Hong holders. Whatever the future may kong and repaired. Several other hold, your prospects of dividends are stranded vessels were refloated during greatly increased by the proposals

Under the auspices of thei Hongkong Unireraity Education the year and we managed this year you are being asked to pasroposals

we do not always manage it-to get solutions, and

Society Mr. LG. Morgan M.A.. every ship off on which we worked.

shares--as hope you will—it will B.Sc., will deliver

a lecture dn A fair amount of money has been give us about $1,350,000 in cash, with "Education as a Science," on Wednes Ambu-expended during the year on improve a corresponding reduction in the over-day, April 3. at 8.30 p.m. in the lance Brigade; telephone' No, menta and extensions, the most im- draft. With the new enpital there All are welcome.

University Union Annembly Hall.

Rome, March 24. portant of tliese being the lengthening will be a reduction of interest payable

It has been officially announced of No. 2 Dock, the atting of a new to our bankers of over $60,000 a year,

here that the Bank of Italy has caisson to No. 8 Dock, the purchase of which sum would be available for pur- a Babcock & Wilcox, patent huffing poses your Board may consider best the Bench in. the Second Court

Mr. Q. A. A. Macfadyen occupied reduced the bank rate from five of per cent. to three and a half per head for our 80 ton sherlega, which in the interests of shareholders. can now deal with very much larger

the Central Magistracy this morning.

cent. It therefore you puas the two rerine Mr. E. 1. Wynne-Jones, who has vensela than formerly, and the Atting solutions before you, we will make an been appointed Police Magistrate, from Monday, March 25, 1935.- The reduction is effective as

of a 10

dockside of annual saving of about $100,000 on Kowloon. No. 1 Dock. Shareholders will note neerunt, of depreciation and over $60,- that while we have spent money to 400 on account of interest on over- efficiently we have also been saving with a continuance of patronage such maintain our plant and property draft, and under present conditions and as alrendy referred to the over as we have enjoyed during the past draft bay been reduced by a fairly two years, these savings would pat un on n dividend basis. It must be undersinad, however, that the bene In all that hás been done, your ilts to be derived by the reduction of Bourd have taken a very keen interest | capital and the new issue will not be and they have been well supported by fully felt until 1994, as the proposed

26286.

The boxes can be obtained from Mr. A. Morris, at the

ddress mentioned above, or from Mr. S. F. Balfour, of the Colonial Secretariat.

<121

erane

The Collection is to begin April 1. between which date and May 1 the boxes should be circulat ed; when filled, they should be sent to the Hongkong and Shang- hai Bank, which has kindly under-eunsiderable rum. taken to receive same.

THE HONGKONG FIRE INSURANCE CO., LTD.

Nolice ta Shareholders.

The Sixty-sixth Ordinary General Meeting of Shareholders

understrand on Friday, the 9th March. 1995, at Noon, for the pur- pose ut receiving the Report of the General Managers, together with a statement of Accounts for the

the 21st year ended

December 1934.

ANXIOUS TIMES

you take up the new

n zenious and efficient stoff and I ain new issue ennnot be made effective very glad, once more, to testify ourį Drill about the vid of this year, as appreciation of their servicem

there are legal formalities to comply

& FRITZ and at the day, ta of the expedient and experiment and Hong deals with the question of new

SWAN, CULBERTSON & FRITZ.

(Corner of Ice House Street).

3. Queen's Road Central

1elephone: 30244, 30246, 30246. Cable Address: Swansto

Correspondents for Hayden, Stone & Co.

Manila Stock Exchange.

Winnipeg Grain Exchange. Canadian Commodity Exchange Inc New York Coffee and Sugar Exchange. (Silver, Rubber, Slik, Copper, Hides and Tins.

Commodity Exchange, Inc.

Chicago Board of Trade.

New York Cotton Exchange.

Members of:

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

AWLPLUGS

RAWLPLU

WALL PLUGS

CONTACE NOCITADLE DEALE

RAWLPLUGS

STOCKS OF RAWLPLUGS AND TOOLS

-ARE-HELD-BY-

THE G. E. C.

OF CHINA

Queen's Building. Phone 30247.

The Share Register and Transfer Baoks will be closed from the 15th to the 29th March, 1935, both days inclusive.

JARDINE, MATHESON & CO.,

LIMITED.

General Managers,

POST

Shanghai and Amoy Shanghai

EFFECTIVE FROM TO-MORROW

United Presa,

OFFICE.

INWARD MAILS.

Straits and Air Mail ex Imperial Air-

Newchwang

March 25.

Strit༥་༦+ ༦༣!

Aramis Cremer

March 26.

March 26.

ways Service, Lendon 9th March, Shanghai and Swatow

Yasukuni Mara

March 26.

Yochow

:March 20.

Achilles

.March 27.

Toyama Maru

March 27,

Japan and Shanghai-

Chichibu Maru

March 28.

Canadi. U.S.A. Japan and Shang.

March 28,

Straits

Japan

hai (Vancouver B.C., 9th March} Emp, of Asia

OUTWARD MAILS.

I need hardly remind you that the|with and many shareholders are resi- times remain anxious, competition in dent outside the Colony.

UNDERWRITING ARRANGED creases and is more severe. 1034 has been for the whole world a year of The last of the resolutions proposed kong, and with Hongkong, our Com- Articles of Association und I have pany has felt and is feeling the effects | nothing to add to the explanatory of the world wide depression. note which has been given. I new am I now propose the adoption of the glad to any that your Board have report and accounts as presented and } been able to tupke arrangements to when this has been seconded. I will underwrite, without any commission. endeavour to answer to the best of my ¦ whitsurve, any shares not foken up ability

will ce, any questions shareholders by the shareholders, You

therefore, that we are certain if we may wish to ask.

Mr. R. Obl seconded, and motion was agreed to.

the pass these resolutions to get the full? Samshui and Wachow

amount of this fexue subscribed. I OTHER BUSINESS

personally therefore strongly re- MONSTA P. A. Joseph and J. H. commend the shareholders to take up this new capital, as it will enable Jessen were re-elected to the Direc torate, on the motion of Mr. P. C. them to narticipate more largely in Potte, seronded by Mr. 31. J. M. deholders in the future.

any benefits we can make to share Firneiredo.

The

The resolutions were -proposed

appointment of Messra. D.

The Hongkong Fire insurance Co. vrammond, S. H. Dodwell, S. T. ¡parately, by the Chairman,

Ltd.

Hongkong, 8th March, 1995.

NEW TERRITORY FERRY CO.

ANNUAL MEETING

HELD

Williamson, Kadourie and the Hon. being secondesi by Mr. P. C. Mr. J. J. Paterson to the Board of were unanimously agreed tú, Directors was confirmed, an the mo- tion of Mr. Lo Roon-kan, seconded_by. Mr. Shum Hip-tong

Messrs, Lowe, Bingham and Mat- thews and Messrs. Percy Smith, Seth and Fleming were re-elected' auditors, the notion of Mr. T. Ramsey, seconded by Mr. Lo Koon-hang,

On

WRITING DOWN CAPITAL

Freaking at the extraordinary general meeting, which followed, the Chairnun said:-The notice which has At the sixth annual general been sent to each shareholder callig meeting of shareholders of the this extraordinary meeting contained Ilongkong & New Territories not unly the resolutions to be brought Ferry Co., Ltd., the Chairman forward, bat also an explanitary note, (Mr. Li Yau-1sun) in his speech, all. The main resolutions are two which trust has been clear to you said that the result of the year's in number; the first dealing with the workings, whilst representing writing down of the capital and writ deeroase in profits of $6,000 coming off of our Reserves, and the pared with the previous year, second with the issue of fresh expital. could be regarded as satisfactory

the sub-division of the unissued

shares, the proposed new issue, in- of Association, erense of capital and new Articles

in view of provailing conditions.

He referred to the fish-carrying business as having been one of Your Directors have given the the chief factors for stability, and question af writing down the capital said that grunted a continuance of their most serious consideration, "and the satisfactory position which having regard to the reduced demand had been the Company's from its forced upon us that some of

for our products, the conviction in inception, they could look forward nesets notwithstanding the

fact

our

to the future with every hope and that, generally, they have stendily confidence.

been depreriated year by year-have

A dividend of $1 per share, re-not the value ut which they stand presenting a return of 10 per cent. in the books and, therefore, must be on the capital, was declared on -Gla-amounting-to-$11237

DOLLAR RISES SLIGHTLY

pre-mended the sagolution. This will written down to the extent recom-

necessitate the writing of of the whole of our reserves and also writ- ing down our capital.

BUT MARKET STILL QUIET

The Hongkong dollar advanced th this morning to 1s. 11 d.

Various factors have contributed to this state of affairs. 1 is hardly necessary for me to remind you tha during the past few

* many

Companies similar to our own have had to close up altogether; others- 1 need not particularise-have had to write down their capital.

WORTHLESS ASSETS

Some of our assets, which were at one time of considerable value have, for various reasons, become of so

The market locally was very quiet little value to the business that It

on opening, the business rate being much of them each year. It is sure

is useless to continue writing so about 2/- and 28. 0.1/160.

ly preferable to write them off al Shanghal opened at 18, 7d, and together so that in future a large lator declined ath; the feeling proportion of our earnings may being easy.

nyallable for dividends instead of 'In London, silver prices ad-being required each year for the vanced 3/16ths On Saturday. writing down of worthless assets. India and China

I do not intend to deal with these bought, and items separately, but I feel that I offerings were small on a steady must mention one very large iten market.

MRS MOTONO

Band and Electric Massage Hand and Elocirla Mimsage · Ifolder of Diploms and Certificate of Tokyo Denki Broba Kenkrusha (Tokyo, Electrical Cum Institute) and the Hongkong Government Llocnite

813, Wyndham Street.

namely, the initial expenditure in curred in connection with the pro posed large now dry dock, which scheme, owing to the trend of events, was arrested in 1928. This scheme involved the cutting down of a hill mainly composed of rock, and the rearrangement of buildings and work- shopa. There appeurs no likelihood of prospects justifying a revival of the scheme, and there romains, there

and,! Potts,

For

Batavin vin Salgon *Strails and Calcutta...

Per

Date and Time Monday,

Tai Hing......Mon., Mar. 25. 4. p.m. Tuesday.

.Tues., Mar. 20, 8.30 am,

Tjisaroca

Letters,

Hoanng

Farcels,.....Mar. 20, 9 n.m. Letters for "Saigon-Marseilles Air Aromis

Mail Service."

Rex. Letters,

K. P. O-

..Mar. 26, 9.30 u.m. Afar. 26, 0.30 a.m.

Reg. **

Tues., Mar. 26.

Mar. 20, 10 a..

G. P. O.

Tues., Mar. 25,

.... Mar, 26, 10 a.m.

Letters, Mar. 26, 10.30 am.

*Superscribed correspondence only.

Summary of 1934 Report

NEW INSURANCE

...

INSURANCE IN FORCE

ASSETS

W

- $ 61,388,356

508,078,583

124,822,029

16,170,589

SPECIAL RESERVES AND SURPLUS

8,833,299

PAYMENTS TO POLICYHOLDERS

The Company's Record, 1887-1934

Death Benefits Paid

Payments to Living Policyholders'

for Maturitics, etc.

Dividends to Policyholders.....

THE

50,227,556

80,039,022

28,774,988

MANUFACTURERS LIFE

INSURANCE COMPANY

ESTABLISHED 1887

CHIEF OFFICE FOR YOUTH CHINA” Asiatic Building, Hong Kong. Tel. 20601

E. J. R. MITCHELL Branch Manager

CANTON, 187, The Bund, Tef. 16372 R. K. Hatchelor, District Manager. MACAO, A. A. T. Borges, Agent, SWATOW, F. Murer, Agent.

"Branch OPPĚČES IN C

APRICA, ASIA, JAN

CENTR

யா

BRITAIN, INDIA.

Vkat Indies, “