1937-03-24 — Page 19

ALWAYS

INSIST

ON

BRASS

BRASSO

METAL POLISH Gives a lasting shina to Brass and Copper. Brasso is quick and easy to use.

Apart

IMPERIAL CHEMICAL,

INDUSTRIES

(Cklax) LTD. HONGKONG.

DX708 DX548

RETURN OF POPULAR RECORDS

Always in Demand COLUMBIA

CONVIVIALITY

Columbia Vocal Gem Comp. NORTHERN AND SOUTHERN MEMORIES

DX356 THE OPEN ROAD

DX30

LESLIE STUART MEMORIES

DX46 LE REVE PASSE

HUNGARIAN DANCE..

DX154 FRA DIAVOLO OVERTURE

RUSTLE OF SPRING..

Debroy Somers Band. Debroy Somers Band. Layton and Johnstone, .B.B.C. Military Band.

„Milan" Sym. Orch. B.B.C. Military Band.

FUNERAL MARCH OF A MARIONETTE. DRURY LANE MEMORIES

DXZ69

DX247

DX361

DX454

IF I WERE KING-SELECTION SYMPHONIC RHAPSODIES

Regal Cinema Orch. Orch, Sym. De Paris. Eric Coates Sym. Orch.

THE ANDERSON MUSIC CO., LTD.

Phone 21322.

Ice House St.

(kocand

COLOUR WASHING

-AND-

PAINTING

STRUCTURAL

REPAIRS

All work executed under European supervision at moderate rates.

ESTIMATES FREE

C.E. WARREN & CO., LTD.

St. George's Building.

Tel. 20269.

WORKS DEPT. 216 Wanchai Road..

HONGKONG'S.

UNIVERSITY

of the

AIR

OFFERS A COMPLETE

THEORETICAL AND

PRACTICAL TRAINING

FOR BOTH. PILOTS AND

ENGINEERS

British Licences and Certificates are obtainable on

completion of courses.

For prospectus apply to

FAR EAST FLYING TRAINING SCHOOL

LIMITED, :

KALTAK AIRPORT: -HONGKONG.

Phone 59282,

-NEXT-ENGINEERING TERM COMMENCES ON

5th APRIL, 1937.

THE HONGKONG TELEGRAPH.

ROPE COMPANY REPORTS KEEN COMPETITION

HOPE FOR EMPIRE PREFERENCE

Little benefit was being derived by the Hongkong Rope Manufacturing Co., Ltd. under Die Empire pre- ference scheme, stated the Chairman (Mr. A. L. Shields) at the annual meeting of shareholders to-day. Mr. Shields riparted a net profit of $10,000, la comparison with a lea of $36,000

for 1935,

In moving the adoption of the re port and accounts. Mr. Shields sald: The result of the company's work- ing for the past year, after charging. depreciation and allowing for directors" and auditors Fees, interest and com- mission to general managers, etc..

shows a net profit of $10,910,49. AN though this profit is small some.satis- faction is to be gained from a com- parison with the figures for the pre- vious year, when a loss of some $36,000 was recorded.

This profit added to the balance brought forward from 1935, makes a sum of $43,066.68 al credit of proft and loss account, which your directors recommend be carried forward to next year's account.

When addressing you last year, I made reference to the severe com petition with which we have had to contend. That competition has, if 1 may say, been intensi0ed troughout the year, particularly in India, Burma. and The Straits Settlements.

I regret having to say again that we are still deriving little benefit under the Empire preference scheme. The

•Hongkong General Chamber of Com- merce rubmitted its views to Govern- ment on the subject of Imperial pre-. ference between Hongkong and the Empire generally, and we hope the revision of the Olawa agreements will obtain for this Company's products preferential treatment in Empire markets, particularly Canada, India ad Burma.

INCREASED TURNOVER Our turnover for the year under re- view shows a marked improvement over tha! for the previous year, but the keen competition which we have had to meet has meant a reduction in profits.

a

at

The total revenue earned from rents is $40,585.03, an Increase of $9,212.30 on the figures recorded for the pre- vious year. This is accounted for by the entire factory buildings Mataukok having been let since Jurie, 1936. The additional rent obtained Inerefrom will be fully gained in the accounts for the current your. gards our 28 Chinese dwelling houses "al Kennedy, Town, I regret that only 40 per cent, of the number of flats is occupied.

you

As re-

Turning to the balance sheet, will see that the employees' provident fund is no longer under the heading creditors. This fund is now held in trust by the company in a separate account, the transfer to which has oc- casioned the overdrawing of our bank account.

With regard to our investments, it will be noted that $8,519.75 has been written off for depreciation and these nove stand in the books' at 'market value on December 31, 1936.

As to the prospects for the present- year, I cannot say more than we have -started-Die ̄year-bib"hörmbl“way and we hope that we shall continue to get a fair share of the business offering. Mr. J. P. Braga seconded the adop- tion of the reports and secounts, and the proposal was agreed to.

OTHER BUSINESS

Mr. W. A. Zimmern proposed and

DON'T DO TH—a brush can't reach the bend in the pipe, so it can't pos sibly clean the lavatory-pan properly.

JUST THIS REGULAR SPRINKLE Of Harpic cleans and disinfects the lavatory-pan choroughly removes the caseja df. odours and does the job a thousand times more easily.

ITS STRONG DISINFECTANT, ACTION KWI the dangerous, germs and leaves the lavatory-pan clean, white and sanitary.

all without labour.

HARPIC

CLEANS AND DISINFECTE

ASLAVÁTÓRY.PÁNS

ingularulso, tin st Hursie, WRITR to Harple ́Agovijes

Carte facht Givoreen Chestial and Blarge" HARPIO MPO, CO. LTD., HULL'ANS LONDON.

WEDNESDAY, MARCH 24, 1937.

ITALIANS RENEWING

ATTACKS DRIVE AGAINST ALMADEN MINES

Hendaye, Mar. 24. The Spanish Insurgents have com-

·menced a drive to capture the world's oldest and richest quicksilver mines nt Almaden.

Simultaneously, despatches from the front state that 10,000 Italians have

their renewed

attack оп Pozoblanco-United Press.

MADRID UNDER FIRE

Madrid, Mar. 24.

A heavy bombardment of Madrid has been recommenced, Shells crash- ing into the centre of the city have killed and injured many-United Press.

SHARE PRICES

The following in the list of local shore quotations issued this morn ing.

Banks.

I. K. Brink, $1,850 b.

H. K. Banks, (Lon. Reg.), 110% n. Chartered Bank, £15% n. Merchantile Bank, A. and B. £333%

Mercantile Bank, C., £15% n. East Asia Bank, $87 b. Insurances.

Canton, In.. $320 b. Union In., $830 L,

China Underwriters, $1.30 b. H. K. Fire In., $29715 b.. Internat'l Assce., Sh. $4% n.

Shipping.

Douglas, $3634 6.,

n.

H. K. Steamboats, $10 Indo-Chinas (Pref.), $35 . Indo-Chinas (Def.), $32 b. Shell (Bearer, 133/0 n. Unlon Waterbouts, $9.55 n.

Docks etc.

H. K. Wharves (old), $114% h. H. K. & W. Docks, $32.25 b. Providents (old), $2.30 b. andi sa.. Providents (new), 20 cts, n. New Engineerings, Sh. $6 n. Shanghai Docks, Sh. $102 n.

Blining

Kailan Mining Ar., 20/- 1. Raubs, $13 b.

Venz: Goldfield $8 n.

Philippine Mining.

Antamoks, P. 1.40 Atoks, P. 40 Baguio Gold, P. 20 Balatoe Min., P. 14 Benguet Cons, F13

Expl. P. 14 Benguet BIE

Wedge Coco Cov, P. .00" Consolidated Mines. P. 038

27

Den, P..82

E.

Gum

P. 30

Gold, P. .22% Ipo Gold, P. 27

P. 1:30:

Rogons, P. 1.30

Masbate Cons, P. 3816

Min. Res

P. 33 Northern Min., P. 11 Paracale Gumaus, P. .60% Salucot Min. P. 06 San Maricio, P. 2.55 Suyoc Consols, PAL United Farneale, P88

Lands, Hotels, etc.

11. and S.

S. Hotels, $7.70 b.

1. K. Lands, $36% b, and sa H: K. Lands, 4% Deben, $105 n. S'ha Londs. Sh. $10 n.

Metropolitan Lands, Sh. $10, n. Humphries, 50 n.

H. K. Realties, $5.90 b. Chinese Estates, $70 11. China Reales, Sh. $4 n. China Debent, $00 m.

Public Utilities.

H. K. Tramways, $15.70 b. Peak Trams, (old), $4.25 b. Peak Trams. (new), $1 n. Stor

Ferries, $85.

Yaumati Ferrics (old), $25 b.

China Lights, $16 6.

China Lights, (new), $11.85 b. H. K. Electric, $01 .

Maro Macpo

Cetrie, $20 n.

Lights, $114.b.

(old), $31 b...

Telephon: (new), $13 b.. China Buses. Sh. $934 n. Singapore Tractions, 27/6 n. Singapore Pref., 27 n.

Industrials.

Cald: Macg. (old), Sh. $10% n... Cald: Macg. (Pref.), Sh. $17 n. Canton Ices, $2 n.

Cement, $10 aa.

H. K. Ropes, $4,75 b.

Stores, &c.

Dairy Farm, $26 b.

Watson, $5 b.

Lane Crawfords, $91⁄2 n. Sinceres,. $34.

Wing On (H.K.), $50 n.

Cotton Mills. Ewo Cottons, Sh. $10.25' b. S'hai Cations, (old), Sh. $118 b. S'hal Coltons,

Zoong Sings,

Wing On To sb. $83 b.

H. K.

Sh., $44 n. Miscellaneous.

K. Entertainments $41⁄2 m.

·Constructions (old), $1.00 Constructions (new), 45 cts. b. Vibro Piling, $7

11.

Ch. Govt. 5% 1020

G$Bds. 98%

H. K. Govt. 4% Loan 81%% prm, n. H. K. Govt. 3% Loan 14%

prm. n

Wallace Harpers, $4 n

Marsmans Inv., (Lond.) s/- 28/0 n. Marsmans Inv., (H.K.), s/— 10/- n.

Mr. J. Toppin seconded the re- etecilon of Messrs. J. P. Braga and S: T. Williamson ne directors. This was agreed to,

On the proposal of Mr. CHWIL. Cole, seconded by Mr. A. A. Botelho, Messrs. Linstead & Davis and Messrs. Percy Smith, Seth & Fitting: were | re-appointed" 'auditors at'n' sálary" of

4500 each.

LATER THAT DAY:

THEY CALLED HIM

WEARY WILLIAMS

and it soomed that the nickname would stick. His parents couldn't blame it on overworking, for John wasn't built that way. Then they tracked down the source of the trouble.

น้องแพ

HOLD HER, JOE. HERE'S YOUNG

THANKS, WILLIAMS -HE

MA, SHAW HASN'T HALF DIEH SCORCHING BIKE IN THE | SHOVE MY

BOOKING OFFICE,

HÈRE'S YOUR BALL, WILSON, CATCH! NEXT.

TIME YOU BET IT YOURSELF,

THANKIN

WILLIAMS.

I SAY, LOOK AT OLD WILLIAMS KEPT IN. HE WAS HALL ASLEEP AT MATHS, THIS AFTERNOON, WILLAMS TO OLD NOSEY GAVE

HIM AN HOURS DETENTION,,

COME ON, CHAPS" LEY'S CALL HIM- WEART, WILLIAMS. ALL TOGETHER,CHAPT -WEARY WILLIAMS!,

IT'S NOT UNE JOHN

TO GET AS TIRED AS THAT, DO YOU

THINK HE'S

OVERWORKING?

“I DOUBT IZ KNOWING MOHN, IN FACT I'VE HALF A MIND TO LEY THE DOCTOR HAVE A LOOK AT HIM,

NOTHING TO BE ALARMED ABOUT, THE BOYS GROWING FAST, THAYX ALL, AND THE FASTER THEY GROW, THE MORE ENERGY IT TAKES OUT OF THEM.

NOW, IF THERE'S A FUCK-

SHOP NEAR HIS SCHOOL.

PERHAPS YOU COULD

ARRANGE...*

QUITE A PROMISING RUNNER, THAT BOY OF YOURS, HE'S COME ON A LOT LATELY, QUEER THING IS, HIS WORK HAS PICKED UP TOO, IKHE KEEPS IT UP, THERE'S NO REASON WHY HE SHOULDNT TRY FOR A SCHOLARSHIP,

AFTER ALL,

GIVE US A TASTE OF YOUR HORUCK'S, WEARY WILLIAMS.

DON'T BE MEAN -- You KNOW YOU HAVE SOME

EVERY DAY.

FLL GIVE YOU

A THICK EAR,

IF YOU DON'T

SHUT UP,

"HILDREN aren't naturally cruel but they have a ruthless way of saying what they think. Has your boy a nickname which hurts his pride?

on

Can

Remember this. As long as he has enough energy hold the respect of his small but important world. The danger comes when the strain of growing makes ever-increasing demands

his energy. That's when he needs extra nourishment. ~Regular Horlick's, at mid-morning and sup

per-time, gives growing children the nourish- ment and energy they need. Plain or Chocolate- Flavoured, it keeps them lively and alert. It's economicil—just add water --- the milk is in it.

W. S. Sherler & Co. 20 Queen's Rond Central, Hongkong

HORLICK'S

EASTER FOOD SPECIALS

Grocery Bargains

Brunswick Sardines in Olive Oil Kellogg's Corn Flakes... Libby's Pork & Bears 1 lb. Ovaltine, 18 oz.

Quaker Oats, 20 oz. ............. Italian Red Charries, 14 oz. Del Monte Tinned Apricots,

V2-lb.

8 tins for $1

32 cts. box

21 cts. tin

21.80 tìn

43 cts. box

.45 cts. tin

Granny Smith Fresh Apples Californian Figs

23 cta, tin 30 ct. 16. 30 ctu, lb.

Fancy Box Chocolates

Lois 30% off.

NOW OFFERED DURING OUR SPRING SALE

Here is a big opportunity to cater and save for

a happy Easter. The whole stock of our Grocery as well as other departments is now at extra low prices which no wise housewives can afford to overlook.

FREE DEMONSTRATIONS OF

KLIM MILK now being held at our GROCERY DEPT,

All are invited-to sample this well. known brand of Powdered Whole Milk,

EXTRA BARGAINS IN ALL DEPARTMENTS

THE SINCERE CO., LTD.

MODERNIZED DEPARTMENT STORE

EXCHANGE RATES

Berlin

Those present were Mr. A. Les Shields (Chairman), Sir Robert Ho Paria.. Tung. Messis. J. F. Binga and S. T. Geneva... Williamson (direclors), Mr F Tavares" (secretary), Mesara, C. W. L. Cole W. A. Zimmern; J: Toppin, A. Athens ikk A Botelho, and H. Dreyer (share- Milan....

(dora) |

Copenhagen

J

Stockholm......19.99% 19.30% Montreal..

10.00 Brussels.

Qalo........ .10.00

Shanghai.....1/2.17/32 1/2.27/32 Yokohama... Mar, 10. Mur. 22. New York......4.8814.88.19/32 Belgrade... .100.23/04 100.23/04 Amsterdam.... .0.024

3,927% | Monte Video.. 7:21.44% 21.44%), Vienna..........2014.

2015 | Rio. ....12.144° 712.16 Prague. Madrid 204716 20

102%

22.40

(06-5471⁄2

140

Lisbones.110/

92.38/32 Hongkong......1/2}} *** 22.40 | Bombaycanda talk1764

.4.07%

20.00%

--4.00

29.01

1/2 $113:

140| Bucharest Nom. Suver (forward):20% “110† | Silver? (Spot) *äm

1/2 War Loan.......102) 1/0