1936-02-25 — Page 16

NEW ADVERTISEMENTS, MEN: OVERWORKED

NOTICE.

The Stock Exchange will be closed at 12 Noon on the 21th.,

GLANDS

MAY LET YOU DOWN

IN A CRISIS:

Nine men out of ten past middle

25th, and 26th., inst. Race Daya.age are affected with Loss of

'By Order of the Committee

VIVIAN BENJAMIN,

Secretary.

HONGKONG & SHANGHAI BANKING CORPORATION

Vitality, Mental Fag, Restless- ness, and Glandular Weakness. Medical Science has come to their rescue

with

POLISEX

Tired men and women should the POLISEX know

about

The Final Dividend declared for the Year ending 31st December, 1935, at the rate of Three Pounds Sterling at exchange 1/35% is REJUVENATOR that positively wasted tissues and payable on and after the 24th rebuilds February, 1936, at the Offices of stimulates ductless glands into the Corporation, where phare-perfect functioning. holders are requested to apply for

Warrants.

By Order of the

Board of Directora,

V. M. GRAYBURN,

Chlof Manager. Hongkong, 22nd February, 1936.

THE HONGKONG ELECTRIC CO., LIMITED.

Notice is hereby given that the Ordinary Yearly Forty-seventh Meeting will be held at the Com- pany's Offices, P. & O. Building. on Wednesday, 11th March, 1936, at 11 a.m. for the purpose of presenting the Report of the Directora together with a State- ment of Accounts to 31st Decem- ber, 1935, and electing Directors and Auditors.

The Hegister of Members of the Company will be closed from 29th February, to 11th March, 1936, both days Inclusive, during which period no Transfer of Shires can be registered,

And notice is hereby also given that an Extraordinary General Meeting of the Company will bo held at the same place immediate- ly after the termination of the above mentioned Ordinary General Meeting for the purpose of con- sidering and, if thought fit, passing the following resolutions, namely:-

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PHARMACEUTICALS (FAR EAST), LTD. 306 Cloucestor Building.

ALLEGED THEFT OF SAMPAN

TWO FISHERMEN CHARGED

Two fishermen, Lam Yes, 49, and Wong Ki, 35, were charged before Mr. Magistracy this morning with the

Macfadyen

at the Kowloom theft of a sampan belonging to Chan 37, fisherman, from the water- King:

at Cheunghawan on February 21 and with unlawful possession of nine pieces of iron. Both defendants denied the charges and were remand- ed until 2.30 pm to-morrow.

AVAS further

Second defendam charged with roturning from banish- meat. He was alleged to have been banished for ten years on February 5, 1929.

the

"water,

Detective-Sergeant Forrest, in out- lining the case, stated that about

February 21, the de 19.45 pan. on fendants were seen by an Indian (1) That it is desirable to watchman geting suspiciously on a capitalize the sum of $1,500,000, sangan near the Wing

On Shing being part of the undivided pro-shipyard. He shouted to them and fite of the Company standing to blow a police whistle and both the defendants immediately jumped into the credit of the Reserve Fund,

The watchman and a foki of the and accordingly that a bonus of $1,600,000 be declared. and that shipyard went into the

water and such bonus be applied on behalf arrested second defendant. During of the persons who on the 29th that time the other man swam out into deeper water, but a sampan Was day of February, 1936, arc the procured by the watchman and be registered holders of the 450,000 went out and brought him back. Issued shares of the Company In payment in full for 150,000 shares.m. a report was made by the com

of the Company of $10 each and that such 150,000 shares credited as fully paid be accordingly allotted to such persons respec- tively in the proportion of one of such shares for every three of the said 450,000 shares then held by auch persons respectively and that such shares shall rank for dividend as from the 1st day of January, 1936.

The following morning about 10

plainant at the Shamshuipo Police Station that his sampan was missing First defendant was in hospital for two days suffering from immer-

sion.

Both defendants denied the charge of stealing the sampan and alleged that they had dredged the iron bars from the harbour.

HONOUR FOR SIR ROBT. HO TUNG

ORDER OF DRAGON

OF ANNAM

(2) That if, on such distribu- tion as aforesaid, any person would be entitled to a fraction of a share, the Directors shall, In leu of issuing fractional certl ficates, cause the whole share to be allotted to a person or persons to be named by the Directors and such share shall at such time as the Directors think fit, be sold and the nett proceeds distributed amongst the persons entitled to residence of such fractions making up the General on Saturday night, n

had conferred on him the decoration

Sir Robert Ho Tung has recently of Conmander of the Dragon of An- nam.

share.

By Order of the

Board of Directors, GIBB, LIVINGSTON & CO., LTD.

Agente. Hongkong, 19th February, 1936.

HONGKONG UNIVERSITY

AMATEUR PHOTOGRAPHIC

CLUB

7th Annual EXHIBITION

February 22-28th

a.m.-6. p.m.

GLOUCESTER HOTEL

The recipient will be invested with the order by Admiral Esteva, Com- mander-in-Chief of the French Naval

Squadron in the Far East, at a pri- vate dimer being given at the the French Consul-

CONSIGNEES' NOTICES.

BURNS-PHILP LINE

From ·MELBOURNE, SYDNEY, SALANAUA, RABAUL, SANDAKAN and MANILA,

The Motor Vessel,

"NEPTUNA” Consignees of Cargo are hereby Informed that all Goods are being landed at their risk into the hazardous. and/or extra hazardous Godowns' of The Hongkong and Kowloon Whart and

Godown Co., Ltd, whence and/or from the wharvos delivery may bo obtained.

No claims will be admitted after the Gooda havo loft the Godowna, and all Goods remaining undelivered after the 27th February, 1936, will

bo subject to rent,

All claims against the steamor must be presented to the Undoraign ed on or before the 19th March, 1930, or they will not be recognized."

To comply with the General Bond- od Warchouse Regulations consignees must have a Revenue Ofeer in atten- danco when damaged dutiable goods

To examined

All broken, chafed, and damaged Goods are to be left in the Godowns, where they will be examined on the 26th February, 1936, at 10a.m., by Messrs. Goddard and Douglas.

No Fire Insurance Las beon effected, Bill of Lading will be counter- signed by

GIBB, LIVINGSTON & CO., LTD.

HighAgenta. Hongkong, 20th February, 1930,

THE HONGKONG TELEGRAPH. TUESDAY,

Leap-year

Galas

At the

HONGKONG HOTEL

and

PENINSULA HOTEL

SATURDAY

1936

29

.1936

FEBRUARY

SPECIAL DINNER

DANCING TILL 2 A.M.

EARLY RESERVATIONS SUGGESTED

The Hongkong & Shanghai Hotels, Ltd.

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 markets.

Member of:

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

(Silver, Rubber, Silk, Copper, Hides and Tin). New York Coffee and Sugar Exchange. Canadian Commodity Exchange Inc. Winnipeg. Grain Exchange.

Manila Stock Exchange. Correspondents for Hayden, Stone & Co.

Telephone: 30244, 30245, 80246. Cable Address: Swanstock. Hong Kong & Shanghai Bank Buildings, Suite 119/122.

Oh Boy!

Be sure you don't miss the EMPORIUM'S

SPRING

GREAT

SALE. It's the bargain thrill of the century!

This great money. saving event comes

at a very opportune time. We are offer- ing not only a limited stock of

our choicest items but also sensational bar- gains in all depart- ments.

Savings You Cannot Possibly afford ̧ To Misal

CHINA EMPORIUM, LTD. 'The Store of Bargains

FEBRUARY 25, 1936.

H.K. TRADE FAIR LACKS SUPPORT

(Continued from Page 1.)

charges included. Conditions in China are still very different from those pertaining in European countries, and it would be impossible for exhibiturs at a Fair to enter into negotiations

of any magnitudo without most searching enquiry, as to whom they wero denling with and without adequate guarantees that any goods ordered would be taken up and paid for:

"It is not so much the difficulty in selling as the difficulty in obtaining with payment which makes business China unsatisfactory to-day,"

A firm with a large up-country | organisation for marketing an import- el product in general demand writes the following memorandum:

"Question (A)-In our opinion, the expenditure of money on participation in n Fair would be oven Jean justi fable this year than it might have been in June last. The present Iow exchange values which have, of course, increased prices of imported goods, and the uncertainty of futuro exchange conditions are, to our minds, Important arguments ngainst the holding of n Fair to propagate imported commodities.

"Increased prices, mean reduced turnover, and if prices are not in- errased then profits suffer, either cir

leaving cumstance

the original supplier with less money to allocate for advertising, particularly that of u stunt of a speculative nature in which category falla a Trade Fair.

Question (B)-We are not in favour of participation, but there is the possibility that the activities of whom pressure competitora, upon might be brought to bear by their I'rincipals at Home, would oblige us to participate in order to avoid posi- ble loss of prestige, and against our views as to the value of much a Fair. This

is "an

aspect of the present method of organisation to which we take strong exception, although our answer to question (C) will show that we have little faith in this type of publicity-In tho, South Chinn China markets--as a means of fur thering trade, whether organised privately or otherwise.

15 our

even

ro-

"Question (C)We are firmly of the opinion that a Trade Fair is not, in China, a suitable medium of pro- paganda, nor an effective means of business. It promoting or developing

experience that to tain the interest of the Chinese, in a line already well esta blished the most persistent, and continuous contact work is necessary, this, of course, involving the main- tenance of a permanent stall. on the spot. The actual process of introduc ing and establishing a new line calls for even more intensive measures, and in either of these cases we fail to aco what benefit would be derived from a Fair of a very temporary nature.

SALES APPEAL

"The Chinese trader, wo belleve, interests himself only in those goods for which there is a definito demand on the part of the consumer, and it is therefore to the latter that sales ap peals have to be made. We take it that a Trade Fair such as that pro- posed is intended primarily for the Edification of the Chinese business man

and, as stated, it is our view that very few would be sufficiently in terested

to attend. This applies in degree to the con- an even greater sumer who, in our experience, has little, if any, interest in the origin of the goods he buys, and in nry caso wi

will always wait until they are brought to his notice. We cannot imagine the average Chinese coming any distance to attend a Trade Fair, and although it is reasonable to reach assume that people within easy 1.C.,

the Hongkong people and possibly numbers from Canton, night como along, their main object would pro ably be to "get something for nothing in the way of samples, etc., which, if not sold by the recipients, would be used and forgotten.

"However, assuming for the purpose of argument that the Fait would be well attended, we are certain that un-

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POST OFFICE.

Straits. Saigon Haiphong

Stralis, Shanghai

Amoy Japan Shanghai

INWARD MAILS

Canada, U.S.A., Honolulu, Japan and Shanghai (Vancouver B.O., 8th February) Japan...

Japan and Shanghai ... -Stratis and Eerope vis Negapalam (Letters and Papers) London, 30th January and Air Mail ex "Imperial Service" (London, 11th February)

and "K.L.M. Service" (Amater dam, 16th February) .... Straits and Londen Parcels London

23rd January Manila

Eumnous

愆

怱淼爾氣啼

Bentekoe Canton Tango Maru

February 20. February 27, Fobruary 27. February 27,

Telresias

February 27.

Tawa

February

February 27.

Burdwan .....

February 28

Emp. of Japan Hakodate Maru Hakone Mara....

February 28.

February 28.

February 28.

Tokiwa Maru

Hakozak! Maru

Hector Pres, Grant

.February 28.

February 28.

Fobruary 28

February 28,

Date and Tim

U.S.A., Honolulu, Japan and Shang-

hai (San Francisco, 91st January) Pres. Polk

OUTWARD MAILS

For

Per

*Tuesday,

}

..Tuen, Feb. 25,

Samshul and Wuchow............ Kwang Hung Tues., Feb. 25, 4 p.m. Letters for "Imperial Service”........duo Sulkang

London, 13th March Letters for "K. L. M. Service”—dre

Amsterdam, 9th March

K. P. O.

Hoihow

Rex,

G. P. 0. Reg. ......

Feb, 25, 4 p.m.

.Feb. 25, 4.30 p.m. Letters,....Feb. 25, 4.39 p.m. Letters, ..Fed. 25, 5 pm, Hal Leo...Tues., Feb. 25, 6 p.m. Wednesday.

Foochow via Swatow Straits and Calcutta

Parcels,

Feb. 25, 5 pm.

Chekiang Wed., Fab. 25, 0.30 a.m.. Sulaang

Lettera,

Shanghai, Japan, Canada, USA, Emp. of Russia

Central and South America and

*Europe via

Vancouver D.C., (Parcels for Canada only) and *Europe vin Siberia (Duo Vancouver B.C., 14th Mar.) Swatow

.Wed., Feb. 20

„Feb. 26, 9 a.m.

Wed., Feb. 36,

Pareds, .... Feb, 25, 6 pm. Reg.,.... Feb. 20, 9.15.a.m. Letters, ...........Feb. 24, 10 a.m. Sandviken Wed., Feb. 20, 10.30 am.. Trinan.....Wed., Feb. 20, 0.30 p.m.

Amay

Thursday. Shanghai, Japan and Europe vla

Siberia

"Suporncribed

GORDON SHOE SHOP

CAPITAL REDUCTION

APPROVED.

Hakozaki Maru Thurs., Feb. 27, 6 p.m.. correspondence only.

CHINA'S DEBT TO BRITAIN

(Continued from Pags 1.) ·

the loans made by Great Britain in 1008-10.

An application by the Gordon Shoc Ho suggests that interest should Shop, Queen's Road Central, for con- be paid at the rate of two and a frmation of an application for the half per cant, per annum from 1936 reduction of capital was made before to 1038, inclusive, and five per cent. Mr. Justice R. E. Lindsell, Acting per annum thereafter. The principal Chief Justice, at the Supreme Court of the loans would be repaid begin- this mornin

ning in 1940, the amount of the Mr, R. Cole, of G. K. Hall Brut-annual instalmenta to depend upon tha

cash

earnings. The ton & Co., Instructed Mr. Leo gross D'Almada for the petitioner therefore, would. bo. liquidated within

Counsel said that facts were set out about forty years from 1930. in the petition and he would formally ask for the confirmation of the Court His Lordship made an order in the terms of the notice of motion.

The petition applied for a reduc- tion of capital from $250,000 divided into 600 shares of $500 each, to $125,- 000 to be divided into 500 shares of $250 each.

Joau

The Chinese plan is that four-fifths of the arrears of interest and four- fifth of the short fall interest, from 1930 to 1938, should be cancelled.

The offer applies to an outstanding amount of about 40,150,000.

The Chinese bondholdere Com-

mittee, of which Baron Alness is chairman,

recommend to bondholders.

the acceptance of the scheme in the circumstances, while not accepting the

TRAFFIC MISHAPS responsibility as far as contractual. relations between bondholders and the Chinese Government are concerned.- Reuter.

TO HOSPITAL

less exhibitors were prepared sub- THREE VICTIMS SENT

FUND USED UP sequently to follow up contacts close

London, Feb. 24. ly and consistently, no lasting benefit

In the House of Commons, replying would accrue and the cost of parti.

to Capt. A. C. Moreing (Con) Mr. elpation would have been borne to u0 Knocked down by car No. 71 in Anthony Eden, Foreign Secretary, purpose. We think it very probable Queen's Road Eust, Chan Chri-sang, and the Special Reserve Fund which that the firms being approached in recolved injuries and was sent to the the Chinese Government had establish- Great Britain, who might feel in Government Civil Mospital for treated for the purpose of paying the clined to support the scheme, have not ment.

monthly Instalments to meet the Alighting from a tramcar while it arreare dus to Tientsin-Pukow Rail- given duo consideration to this aspect, and they are very likely looking on tho was in motion in Canal Road East, way bondholders, had been used for Hongkong Fair in the light of their Chinese, aged about 30, received the services of the original and experience of similar events hold in severe head injuries and was sent to supplementary loan issues, the United Kingdom or perhaps in hospital.

Hitherto, payments had been made Ma Hok, aged 16, youth, was sent on coupons which are eleven years in other British torritories whero Bri tish influence is stronger and more to the Kowloon Hospital suffering arrears, and payment continues to be general than it can be said to bo in from injuries received as a result of made into the Fund-Router. South China. Probably they do not being knooked down by lorry 3659 dn fully realise the entrepot nature of Temple Street, Yaumati district. this port nor its comparative unlm- Resulting from a fall into a nullah portance in size and share of actual at the Happy Valley RacecourKE, business vis-a-vis South China as a Chan Yuen was sent to the Govern whole.'

ment Civil Hospital for treatment. It is argued by many that present low exchange values, high duties and Provincial taxes, have increased the Great Britain. It is very noticeable prices of imported goods and form an that Chinese engineers who have ro-roputed to have reviled officers of the

battleship

and Mississippi

urged: obstacle to ôxpansion of trade which | a Fair would do little or nothing to ceived part of their training in a sailors to join Communiat groups.

country overseas distinctly favour the United Press, products of that country and not only purchaso the equipment manufactured that country for their own projects but also strongly recommend it to their friends, connections and em- ployers in all parts of China.

overcome.

Opinion unanimous that the assembling at a Trade Fair in Hong kong of the typical exports of China will be useless because it is not bo liavod that buyers will attend from countries oversona. Nor is it neces KATY that they should do so, for the exports of China have been known to merchants in consuming markets for many years, and the extent to which they are purchased depends upon world trade conditions,

CHAMBER'S POSITION

CRIMINAL SYNDICALISM?

24.

Los Angeles, Feb. A woman named Lucy Wilkes Carol Brandit has been arrested here on suspicion that she has been guilty of sho in criminal syndicalism, since

· FÖG ́· ENVELOPES LONDON

London, Feb. 24.

A thick fog le enveloping' London.. Though the fog is not the ground In some newspapers in Great Bri- kind, overhead it is making conditions tain the statement has appeared that like night--Router Bulletin Service. the profected Fair has the support of,

or le sponsored by, "the Hongkong Coast defence

Chamber of Commerce". There are

mrtillery gun

two Chambers of Commarco in Hong practice with live ammunition will be OTHER WAYS BETTER kongone, the Hongkong General carried out from Pakshawan Fort, the direction of Junk Chamber of Commerce which embraces run, in Some Arms express the opinion that firms of all nationalities but has a Bay, on February 28 and 20, between for certain kines, at favourable predominantly British membership each day, and again on March 1, bo

the hours of 6 pan, and midnight: time, a Trade Fair might be desirable, the other is the Chinese General but, speaking generally, an equivalent Chamber of Commerce. The latter tween the hours of 8 a.m, and 1. p.m. amount of money would be more has given the promoters a lotter wish- effectively spent in other ways. An Ing them well in their onterprise; this other suggestion is that much greater Chamber has taken the view that, na Andrew Caldecott, has graciously His Excelloney the Governor,· Sir benefit would accrus to trade in Bri- an international Chamber, it cannot consented to conduct the annual in tish machinety by an extension of the advise its members on the subject. Inspection on Thursday, March 19, of plan already adopted by the Federa- response to numerous requests, the the St. John Ambulance Brigade, tion of British Industries, namely, Chambor has collected the local tehearsals aro. being held on the Bonding Chinese engineering students | opinions the gist of which is set forth following Sundays at 10a.m.; to study in manufacturore works in above,

March 8, and 16. -