NEW ADVERTISEMENTS.
HONGKONG TRAMWAYS,
LIMITED
Notice to Shareholders
NOTICE IS HEREBY GIVEN that an INTERIM DIVIDEND of Forty-five (45) cents per Sharo has been declared payable on MONDAY, 15th AUGUST next, on and after which date Dividend Warrants may be obtained upon the Registered application at Office of the Company, Canal Road East, Hongkong.
G.
R.
PARTICULARS & CONDITIONS of the Sale by Public Auction to be held on Monday, the 25th day of July, 1938, at 3 p.m., nt the Offices of the Public Works Department, by Order of Mis Excellency the Governor of one Lot of Crown land at King'a Road in the Colony of Hong Kong, for a term of 75 years, with the option of renewal at a Crown Rent to be fixed by the Surveyor of His Majesty the KING, for one further term of 75 years.
Intending bidders are advised ALSO HEREBY NOTICE IS GIVEN that the REGISTER of that Immediately after the dispa- MEMBERS of the Company will sal of the lot the Purchaser (if be closed from SATURDAY, 30th not the applicant) will be required 13th to deposit with an authorised JULY to SATURDAY, AUGUST, 1938, both days inclu- officer who will be present at the sale, the sum of two hundred sive.
dollars, ($200) in cash. This sum will be refunded on payment of the Purchase price. PARTICULARS OF THE LOT.
By Order of the Board,
W. F. SIMMONS,
Hongkung, 21st July, 1938.
Secretary.
THE "STAR" FERRY
CO., LTD.
Notice to Shareholders.
Notice is hereby given that an Interim Dividend of $2.00 Per Share has been declared, for the half year ended 30th June, 1938, payable on Monday, 8th August, 1938,
which
Dividend date be obtained Warrants may application at the Offre of the Company, Kowloon.
021
00
The Registor of Shares of the be Company will closed from Saturday, 30th July to Monday, 8th August, 1938, both days inclusive, By Order of the Board of Directors.
C. M. MANNERS,
Secretary. Hongkong, 16th July, 1938.
OFFICIAL NOTICE.
PROPOSAL TO CHANGE A SHIP'S NAME.
No. of bale
Inland Lot
Begistry No.
Locality.
זיין מטען
No. 5302
Lot No. 3612,
King's Road.
basta
G.
Boundary Manaurements)
N.
2. E
|tens|inet|test|
As per muja plan.
W
15.000
$22,500
$276
Contents in
sq. feet.
Annual
Bental
Upset Price
R.
ان
THE
HONGKONG TELEGRAPH, FRIDAY, JULY 22, 1998.
PROCLAMATION! SHAREHOLDER HOTLY
issued by
THE TAX BUREAU
of the first area under THE KWANGTUNG FINANCE DEPARTMENT
- We have received instructions from the Kwangtung Financo Department to the following
offact-
ATTACKS COMPANY'S
BALANCE SHEET
(Continued from Page 1.)
POST OFFICE.
AIR MAIL LETTERS
Air mail letters may be posted in
They
VIA SIBERIA ROUTE
Letters and Postcards for Europe forwarded
OUTWARD MAIL TIMES Registered and Parcel Mails are AIR MAIL SERVICES Air Mail Services to Shanghal, closed 15 minutes earlier than tho Nanking, Teingtou, Tientsin and Pel-time given below unless otherwise ping are temporarily suspended. stated, and where mails are advertis- ed to close at or before ↑ 8.m., re- YUNNANFU SERVICE Parcel Post Service to Yunnanfu is Elstered and parcel mails are closed
at 6 p.m. on the previous day. temporarily suspended.
INWARD MAILS
the ordinary posting boxes. should be clearly marited "By Air and South Amerien are resultant gradual drop in prices. Mall" and bear sufficient postage."via Siberia" if so superscribed. Our polley at that time was based Insufficiently prepaid letters may be nge. A scheme was evolved under on a short term liquidation of our taxed with double the deficiency or which studies of development work holding, relying as we did on early forwarded by Steamer Service, at the in South China were to be under and regular deliveries; but due to discretion of the Post Office. taken by a commission through four the exigencies of the war, transport-
alion dimculties and "In accordance with records committees of experts for power, alio
delays were mining,
experienced and in industry and agriculture.
in consequence wo on file, a transit tax should be The principles underlying the scheme were forced to reconsider the whole lovicd on all goods passing
received the support of leading position. This consideration coupled analysts by the the locality. It is our under- British and Chinese officials and the with an exhaustive analy
10 head of
Tetal Department of our standing that goode are some- Banica algnifled their willingness to world metal conditions, led us to co-operate In the matter of providing times shipped to Hunun and
the finance for any individual pro-adopt a longer view and in accord- Hankow direct from Kowloon by ject, which thorough study showed ance with the general anticipation train. On pussing through this would be revenue-producing. Work of an improved market, we remain province, a transit tax should be in this connection steadily progressed; confident that by adhering to that levied on such goods in accord-studies were made of, and in some view, we shall be able not only to tenders submitted for various retrieve the position but to build up ance with regulations in order works among which I might mentionn sound and remunerative business. Locally your Company has been a hydro-electric scheme, an investiga- that a large amount of revenue
tion of electrical distribution and on-active in several directions.
Go- may
other of the mining resources of downs have been constructed in South China.
good locations with complete avsli- ability for both rall and water trans- port which, in view of the cargo congestion In the Colony should prove profitable.
not dwindle. However, there may be considerable in- convenience felt by the mer chanta who are required to pay the transit Lax in Canton, whereas these goods are shipped by train at Kowloon. For the tho of convenience to sake merchants, we have decided to establish an office at Shumchun for the apocial
of purpose collecting this tax, so that mer- chants can pay it at the spot. The rate of transit inx on all goods will be 50% of the Cus toms duty paid on such goods," Pursuant to the above, it has heen decided that effective as from the 15th July, 27th Year of the Chinese Republic, nur allice at Shumchun will begin to function.
In addition to notifying all con- erued, this proclamation is issued with a view to its being noted by all Chinese and foreign merchants na well. Should they have goods. forwarded to Bunan and Hankow by train from Kowloon hereafter, after paying the Customs duly, they are requested to send their men with funds together with the Customs papers to pay the transit tax to our office at Shumchun.
PARTICULARS & CONDITIONS of the Sale by Public Auction to be held on londay, the 26th day of July, 1938, at 3 p.m., at the Oflices of the Public Works Department, by Order of His Excellency the Governor of one Lot of Crown Land at Prince Edward Road, in the Colony of Hong Kong, for a term of 75
with Lho option years, renewal at a Crown Rent to be
In urder to ensure that there fixed by the Surveyor of Ilis į will be no delay, no objection to Majesty the KING, for one fur-
pay this tax shall be tolerated. ther term of 75 years. Intending bidders are advised GEORGE that immediately after the dispo- ERNEST MARDEN), hereby give sal of the lot the Purchaser (if notice that in consequence of not the applicant) will be required authorised change
I of
have to dopoalt with ownership applied to the Board of Trade, officer who will be present at the under Section 47 of the Merchant Bale, the sum of two hundred Shipplag Act, 1894, in respect of dollars, ($200) In cash, This sum the ship "HAI YU" of Shanghai, will be refunded on payment of Official number 185,316 of gross the Purchase price. tonnage 3,190.93 tons, register PARTICULARS OF THE LOT.
1. ROBERT ALLEN YOUNG of Wheelocks (H.K.) Lid., Hongkong, (on bebulf of Mr.
tonnage 2,037.61 tons, heretofore owned by the Wah Shang Steam- ship Company Limited of Shang- hai for the permission to change her name to "GEMLOCK" and to have her registered in the new name at the Port of Hongkong as owned by GEORGE ERNEST MARDEN.
Any objections to the proposed change of name must be sent to the Registrar of Shipping at Hongkong within seven days from the appearance of this advertise- mout
No. of Sale
Registry No.
Locality
Kowloon Inland
Adjoining Kowloon Inland i Lot No 4031.
Lot No. 4005,
Prince Edward Road.
01
Boundary Measurements
N
An per salo
plan
Upset Price
Contents in
sq. feet
$112
Annual
Rental
$7.313
CHOW SING NAM, Director of the Tax Bureau of the First Area
Year
of
the
July 27th Chinese Republic,
Peiping Remits Taxation In Shansi Province
But It's Controlled By Hankow !
Datod at Hongkong, this 18th WOULD RATHER will be abolished and all unpaid
day of July, 1938.
(Signed) WHEELOCKS
(Hong Kong) LTD.
CONSIGNEES' NOTICE.
SERVICES CONTRACTUELS DES
MESSAGERIES MARITIMES.
The Steamship
"FELIX ROUSSEL" No. 18 A/38 Bringing Cargo from Marseilles via Saigon olc., arrived Hongkong on Wednesday, 20th July, 1938.
Peiping, July 22. The Peiping Provisional Gov- ernment announces that since the people of Shansi have been greatly affected by disasters during the past year all land taxes for the first half of 1938
taxes for last year will be can- DIE THAN celled.
The dramatic effect of this SOLICIT
is pranouncement
somewhat "Hello, where you go? Give me mitigated by the fact that only a fraction of Shansi is under the smoke," were the words alleged to
Provisional of the have been used by an unemployed control barber in accosting a European for Government.-United Press.
an immoral purpose.
Wu Yuk-tong, the defendant, was charged before Mr. R. Edwards at the Central Magistracy this morning. Sub-Inspector C. S. Madgwick pro- secuted.
GUERILLAS GO OVER TO ENEMY, REPORT
cases,
tiona of
Born kinds and we have
Jn
Even
Due.
From
Fer
Air Mail
by "Imperial Airways Diroat Servloc"I-ondon 17th July.
date.
Haiphong
Imperial Airways Plane Kaying
July 22.
July 23.
Rabaul and Manila
Neptuna
.July 23.
..July 23.
.July 28.
July 24.
.July 24.
Air Mail by "Pan American Airways Fan-American
Direct Service"San Francisco Airways Plane
date, 15th July.
Tsinan
July 24.
July 25.
Shanghol and Swatow Straits
Lycaon
Japan and Shanghal Amoy
Potsdam
Tiibadak
Tientsin and Swatow
Ninghai
OUTWARD MAILS
For
Per
Friday
Date and Time.
in
Air Mall for Sian, Lanchow, Chang- Eurasia Plane
sha and Chengtu, ela. (vis Han- kow) by the "Eurasia Airways Service" (to further points Surface transport 0 Services permit). Straits, Ceylon, India, East
South Afrlen, Aden, Egypt and Marseilles, Marseilles due Vin 10th August.
G. P.
by
Reg..
Ord..
and Ranpura
PROPERTIES EXAMINED About this time our efforts for co-operation in civil engineering and mining work in South China reached
ON WAR OFFICE LIST some degree of finulity and Investiga-
mining likely several
Following negotiations completed prospects were made, as
well in London, I am happy to say that studies and designs of proposed civil your Company has been placed on Engineering worka. Altogether
the War Office List of Contractors thirty-seven mining properties have
The been examined, of which six show Piling Co. Ltd. was taken over with monagement DI the Vibro favourable prospects.
close
a financial interest in the contact is being maintained with the and in addition to
work in Government
on thesu
and other demonstrations are being matters likely to interest our Com Manila, where the outlook for this pany and in this connection It might
type of foundation is promising. be mentioned that urrungements were
About the middle of the year, we concluded under which
we became
took over Concrete Products Ltd. well equipped for the design of
Hongkong. This subsidiary has shown in
stendy advance, bungalows, clubs and
Godowns, Army and erected and a good name acquired Government buildings etc., have been for the work of this Company and its
Considerable Pruducts.
improve- ments have been made in the design and manufacture of the concrete blucks. The Company has been pine- ANOTHER VENTURE
ed on the War Office list of Contrac- On the mining side of the Curs-
The land on which the works are situated has been purchased and pany's activities an item of import the Company is in ance is represented by
a good position an investment of approximately £20,000 in a Dich to undertake all kinds of construction company formed. In Amsterdam unter in the Colony, both government, mili The name of N.V. Marsman's Atary and civil. Remcene Exploratie Maatschuppl) for The purpose of investigating and ex- ploring mining possibilities
Control has been acquired in the Dutch East Indies, Malayn and Freneli Organic Fertilizer Co. Ltd.. which Indo-China A large staff of
en-manufacures a product known gicers and geologists have been
"Organo". This is a product which malatained in these varius
Belds cun be made from garbage or any since the inception of the Company form of organic waste matter To date this work has resulted in which due to the addition of certain and
"prepared designs for tin and antimony smelting plants.
Unhappily, the unexpected advent of hostilities has led to the finite postponement of practically all profeeds upon which your stutt had spent so much of their tune
Tort.
irt
These projects indicate this s profitable investment.
LOAN CONVERTED
and
Chr
tors.
CONTROL ACQUIRED
Company
Samshu and Wuchow Sundakan Swalow and Bangkok
Fri. July 22.
O. and K, P. 0.
July 22, 4.30 p.m. July 22, 5 p.m.
..... Fr., July 22.
July 22, 5 p.m. July 23, 9.45 nm. July 23, 10.30 am.
G. P. O. and K. P. O. Parcels, Reg., Ord..
Saturday
Chung Da Mausung Mul Hock
Air Mail for "K.L.M. Airways Direct Ranpura
Service"-4ue Amsterdam. 2nd
August.
Hoihow
Reg.. Ord..
Muinam
Swatow, Foochow and Tientsin... Yunnan Manila, Straits, Sandakan, Ceylon, Potsdam
India, Egypt and Parcels only for Germany via Hamburg.
.Sat., July 23, 0.15 a.m. Sat, July 23, 8.30 am. Sat, July 23, 8.30 am. Sat, July 23.
G. P. O, and K. P. 0.
July 23, 9.30 ant ..July 23, 10 am. Sat, July 23, 11.80 a.m. .Sut., July 23, 4.30 p.m. Sat, July 23.
G. P. O. and K. P. O.
July 23, 4.15 p.m.
July 23,
p.m. .Sut., July 23, 5 p.m. Airways Plane
Bat., July 23,
K.P.O.
July 23, 6 p.m. .July 23, 5 p.m.
G.ro.
July 23, 5 p.m.
„July 24, 6 am.
.......Sat, July 23.
Reg.
Ord..
Salon
*S
.......... Lycemoon Air Mail for Manila, Guam, Honolulu Pan-American
and U.S.A.. by the "Tan American Airways Direct Service"-due San Francisco, 31st July.
Reg.,
Ord..
Reg.,
到
Ord.
Alr Mul for Wuchow and Chung- C.N.A.C. Plane
king by the "C.N.A.C. Airways
G. P. O. and K. P. O.
Direct Service,”
Reg..
Ord..
"Imperial Air Mall for
Direct Service" due 31st July
Деби Ord.,
July 23, 5 p.m. ..July 24, NooD. Airways Imperial Airways Plane Sat, July 23. London.
23, 5 pm July 24. Noon.
G.P.O. and K.P.0.
July
G.P.G. and K.F.O.
Itex
July 23, 6 p.m.
Ord,
July 24, Noon. Sat, July 23,
GPO, and K.P.0.
Reg.,
Ord..
the finding of what is considered bacteria, grown under a secret pro- be a valuable property in Mangal, cess, has proved to be beneficial Sumatra, Work has already been
fertilizer. This started to develop and
this
Owns sulp
the rights for Chino, and Dutch East An attractive proposition indies and will receive royalties for property. of lower grade tenor is also being the use of the process in the Phillip- examined.
pine Islands. In view of the large demand for fertilizers and the low cost of production of "Organo" the
this venture prospects for
In conclusion, I venture to think favourable. cent, interest was made to Coco Grove Inc. on the security of two dredgers that the foregoing resume then under construction, with the that in spite of the disturbance caus- guarantee of Marsman & Co. Inc. as ed by hostililles which temporarily aput an end to many of the projects additional security. Eventually, an arrangement was completed whereby we had in view when the Company this loan was converted into snares was formed, contacts have been made al 50
share centavos per
the Kunranted
which will during the past year
vuluc when
An advance of £120,000 at 7 p1
of Mursman & Co. mentioned above prove of considerable remaining in force, such guarantee peace is restored.
le cover reimbursement of the capital invested at 50 centavos, a share plus amitilmum dividend of 7
per cent.
per san. The excellent results to
your che
seem
shows
MR. LITTON INTERVENES
Air Mail for Malaya and Australia Imperial Airways Plane Sat, July 23.
"Imperial by
Airways Direct Service"-due Darwin, 28th July
Air Mail for Stan, Lanchow, Chang- Eurasia Plane
sha and Chingto, etc., (via Han- kow) by the "Eurasia Airways Service" (To further points by Surface transport
permit).
19
July 23, 6 pn- July 24, Noon.
Services
Sunday
Acneos Klangsu Szechuen
.Sun., July 24, 9 a.m.
Sun., July 24, 9 a.m.
Sun. July 24, 9 a.m.
Shanghai Swatow and Shanghai Hoihow, Pakhol and Haiphong
Kongmoon
Swatow, Shanghai and Tientsin
Samshul and Wuchow
Mining Compony óf £40,000 hearing but most mort to shareholders you Kongmoon
on a
and to act en-
Batavia and Sourabaya
Amoy and Shanghai
Monday
Tol Lee ...
Mon., July 25, 11 a.m.
Hangsang.. Mon., July 25, 2.30 p.m.
Tuesday
Air Mail or "France Orient Airways Service"-duo Marsellics, th August
Marseilles
Kongning
Tjibadak
Tues., July 26, 8.15 am, Tues., July 26, 8:30 am. On Lee... ..Tuos, July 20, 10 a.m. Soochow ..Tues., July 26, 10.30 am. Jean Labordo
....... Tues., July 25. F. 0. G. P. O, and K.
July 20, 10.30 am July 26, 11 am. July 26.
RCK.. Ori,
Tues.
G. P. O. and K. P. O. Rog., .... Ord.,
July 26, 10.45 0.m. .July 11.30 am.
20,
Taiyuan. Tues., July 28, 10.30 am.
Air Mall for "K.L.M." Airways Hector
Direct Service"-due Amsterdam 7th August,
Tucs. July 26,
Reg., Ord.,
G.P.O. and K.P.O.
July 26 4 p.n. July 20, 4.30 pm.
*Superscribed correspondence only.
The Chairman then proposed the date of the Coco Grove Company in adoption of the report and accounts, but before the motion could be put diente that the shares can, in due
to the vote, Mr. Litton said: Your course, be sold advantageously und that meanwhile good dividends will remarks regarding the netivities of be earned, and that the entire trans- but I still think that the Balance the Company are very interesting, action will be profitable to Company.
Sheet as presented to us to-day, is A loan was niso made to the Itogon not only unsatisfactory and unhealthy,
shocking. interest at 7 per cent, based on usual
In your bank terms with the additional pro-stated: "Your Company was vision of a Marsman & Co. Inc. ganised primarily for the purpose of Investigating, securing and working guarantee.
mines in the Colony of Hongkong PHILIPPINES INVESTMENT and the Leased Territory as well as
and Saigon, Ceylon, India, East and Jean Laborde in China and to negotiate for and Additionally, about £20,000 was in
South Africa, Egypt and Europe involving en- out enterprises
via Marselliesduc invested in leading producing mines carry out stock in the Philippines. Advantage gineering works
China
22nd August. was taken to average these
as holdings consulting and supervising
Amoy and *Shanghai. by a further investment of £20,000 gineers, ele." But looking at the
it scen a lower market, making a total Balance Sheet
that the investment of approximately £40,000. management has been concentrating Although, following the world-wide in the speculation of Metals to the depression in all stock markets, extent of £212,000 against an ever- these investments would seems aldraft for the same amount, resulting the pow ruling prices to show a loss, in a loss of about £60,000 ($1,000,- Pelping, July 22.
I am confident that the very ex-000) as to the Company was not £163,000; how much of that sum
April 30. It seemed that Cpl. Ward, of the Military Police,
Japanese reports from Shihchioch-
cellent production reports of the the object of
The motion concerning the report Consignees are hereby informed in evidence, said that he was m
10,000 Chinese cel wang state that
various mines together with the for the purpose of looking for metals, represents investments in Hongkong? and accounts was then put to the that their goods with the exception plain clothes standing at the mouth
healthy ore reserve posliion, assures but to speculate in metals.
Before £16,087
was Hongkong meeting, and it represents
carried un- of Oplum, Treasure and Valuables of Johnston Road on Wednesday guerillas under General Chao Cheng- shan have surrendered and are now
dividends and an ultimate the accounts are passed by this investments and there remains £147,-animously. aro being landed and stored into the night, when the defendant approach-
present meeting, I would like to ask whether 000 of which £12,000 is in the Coca On the proposal of Mr. Dankworth, Godowns of the Hongkong Kowlooned him and used the above, words engaged in fighting the Communist
Army in northern Honen-United capital recovery when the
prolonged declino has cased.
any metals have been sold since April Grove.
seconded by the Hon. Mr. S. H. Wharf and Godown Co. Ltd., Kow-to accost him,
Dodwell, Messrs. Robert de Vos and Joon, whence delivery may
DEALING IN METALS
The Chairman; Yes. I explained obtained Immediately after landing.
Whilst in Europe, I entered into the whole situation, not only aboutfing mines in which wo has produc-T. B. Wilson wero re-elected. Direc- tors. Mr. B. W. Mason was appoint- negotiations with a speolalist group metals but everything, to you yes- £40,000, can you tell me whethered a Director on the proposal of
Interested are on a dividend paying
Proposed tion of an antimony smelter. This that the balance sheet was shocking basis? This is shown in the report by Mr. J. W. Hanson, Messrs. Lowe, by Mr. Litton, seconded About 15 minutes later, when Eagles Attack Cat, Dog interested in antimony for the cred-terday but you then did not tell me all the companies in which we are Wilson, seconded by Mr. de Vos. Damaged Fackages will be examine witness was talking to Gunner N.
group was in close contact with the
I did not use the they are all on a dividend paying Bingham and Matthews were Paskenta, Cal. ed by the Company's Surveyor | As at Fenwick Street, the defendant
Eagles are making life miserable National Resources Commission and word shocking, that is true, but I basis.
elected auditora. Messrs Goddard and Douglas in again appreached him and asked
Under fixed assets the item "Mine Those present at the meeting were: the presence of the Consignees at whether he wanted "chow chow, for pets on the Horse Pincer ranch so with the leading intimony mities would like all shareholders to know 10.00 a.m. on Tuesday, July, witness replied no.
near here. Recently one nearly in the Province of Hunan, Repre- what you have explained to me,
Development expended to date Mr. J. H. Mareman (Chairman), Hon. 1938.
wiped out nine lives of the ranch catsentatives of the
proceeded to Changsha
£10,632", dens the amount repre- Mr. S. H. Dodwell, Mr. T. B. Wilson, Consignees must have a Revenue
A few minutes later, the defendant at one fell swoop, while an another Chinn and Broup came out lo commence the final negotiations with
sent the Company's investment in Major A. dny again approached him and again day four attacked the ranch do regard to the and it was de- know as much ng what I have ex- Territories?-It does the Noodle Hill Hull (Managing Director), Mr. C.
The Chairman: The shareholdere the wolfrom mine in Omeer in
the Leased Vos to Mr. Robert dá attendance
Mr. G. B. Gifford when
Brent Smith (Secretary), Mr. A. La property,
Velilla (attorney from Manila), Mr. E. Davidson (legal adviser), Mr. G. C. Dankwerth (retired Director), and Mr. J. L. Litton and J. W. Hanson (shareholders).
After the meeting, the Chairman' invited queries about the mines of the Company, and in the general
be
A cigarette was given to defendant, All claims must be sent in to me sald witness, and then defendunt left- on or before 30th July, 1838, or they him, will not be.
recognized.
26th
dutiable goods are examined by the Company's Surveyors.
No Fire Insurance will be effected by us in any case whatever.
R. OHL. Agent. Hongkong, 20th July, 1038.
MR. AND MRS. C.W. JEFFRIES RETURN
The Director of the Hongtong Observatory, Mr. C, W.- Jeftrius, roturned in the Ranpura to-day, no- companied by his wife, from á round trip holiday in Japan.
Press.
asked him whether he would like whose
howls Anally brought
something to cat, to which witness rancher who drove off the eagles. repliced in the negative.
It was alleged that the defendant Raked witness whether he would like to have a young Chinese girl for $3, at the same time pointing to a gli who by
wus
the side of the street, Gunner Aff
gave corroborativo evidence.
Earl's Brother Likes
U.S.
200
melter. Hostilities
30.
Mr. Litton:
CHAIRMAN'S RESPONSE
With regard to the leading
PROFIT OF £5,000
Invested
re
broke out however, cided in consequence, to suspend the plained to you yesterday. The con Indefinitely. Advantage dillon of the Company is healthy and agreement was taken of the connections thus the Investments well protected. mado to initiate negotiations with the
Mr. Litton; Contingent liability in I ask what is the
If so, can you give any reason why Government for the purchase of amount of the metals, in accordance with the polley respect of uncalled capitul on shares no reference is made either in the report or in the balance sheet con- of the Company, to develop trade in purchased and what kind of shares? metals on a large scale. This polley The Chairman called upon Mr. G. cerning the working of the mine to be successful, necessitated, in our C. Dankworth, retired Director, to particularly whether the venture has
discussion it was statect that the opinion, the acquisition of very sub- answer the question, and the latter been profitable or otherwise? There loud voles, and déclared that soltell- i the Earl of Suffolk, one of England's 'stantial quantilles of metals, in order Enid: We have subscribed 3.000 was a profit of £5,000 from the mine, wolfram mine in the New Territories.
was producing - and working. The Fertilizers, of which 36 per share has trading account.
average yield was ten tons a month. to be in a position to influence the shares at $100 each in the Organic which profile were taken up in the
In the proft and loss account|last year, and although the mine, bad been paid up, and the contingent marketing and the prices.
DEPRESSION'S EFFECT A
lability for the uncalled capital in truding loss stands at £7,854. Is its limits, nevertheless it had been It was unfortunate that, at this 305 por share,
- ፡፡
At that a further loss on meinis?--It is a prostable business from the time juncture, a world wide depression in Mr. Litton asked more questions, not a further loss. It is the only loss it started up to the present, if whe metal commodities set in with a saying: Investments at cost stand af sustained up to date.
I stated.
The defendant who was very ox-
elted, gave evidence in an unusually
ftig was not his line of
Pasadena, Cal. Cecil Howard, younger brother of if he had done so at business, and oldest noble families, has announced would rather his intention of buying a ranch in the San Gabriel valley and settling down At this stage the hearing was here. He plans to enter the aviation. adjourned to to-morrow, for wit industry and will establish a private nesses for the defendant to be called. airport on his ranch.
be shot, beheaded or die.
No comments yet.
Private notes are available after approval.