10
"THE CHINA MAIL.
MONDAY, AUGUST 11, 1919
HONGKONG'S EMPORIUM.
WAR is over. PEACE is Signed. We are now receiving from EUROPE Regular Shipments of Goods of the best quality and Cheapest Prices.
Ꮐ Ꭱ Ꭼ Ꭺ Ꭲ
REDUCTIONS
OWING
ΤΟ
Place
Sarth
Goodwill toward the
GREAT
REDUCTIONS
OWING
ΤΟ
HIGH
EXCHANGE.
SINCERE CO., LTD.
DES VEUX ROAD
AND
CONNAUGHT ROAD.
PROMPT AND
EFFICIENT
THE ONE
SHANGHAI DOCK &
ENGINEERING CO.
ANNUAL GENERAL MEETING:
We have written nothing further
off for depreciation but propose to ada Tk. 77,332.18 to the deprecia. tion fund which will then unmount to Th. 500,000,
it
By adding T. 150,000 to the
Fi special reserve.
will, ther amount to Ths. 650.000, The annual general meeting of the The stock bows an inereuse of Shanghai Dock & Engineering Vol. 252,000f3 de to the increased i Ltd., was held on July 29, which quantity of materials we have for
d. Prandice presided, supported the new steumen, we are building. by Mccurs. R. S, F. McBain, H. A. Moray, E. C. Richands and A. uple Smith, directors. The atten
Zico represented 11,200 shares.
Maintenance is in all depart ments as us, been charge bo working account.
We love at pausent a considerable
The Secretary, having read the naount of new and repair work on we convening the meeting, the hood. Chairman said:
Gentlemen--The report and e-
A resolution to give £1,000 to tike
ods having been in your hands Sailors: War Orphans' Fund will be the same time, with your permission Put later and we trust will meet with will take the read. During ser unanimous support.
the year we ruders greatly from
cies and delays in getting berals, causing delay in carrying oman completion of work.
per cent. niore, without taking
war conditions into consideration."
5. Steurn Iaunches. Hare
HIGH
EXCHANGE.
SERVICE
GUARANTEED.
PRICE
TROOPSHIP COMEDY.
values increased? At what figures TRANSPORT BAILS WITH ONE MAN
could they be replaced?
Answer-We have 13. tcuk launches and one steel launch all in good order: book value Tis. 37,500 worth double. Would cost
to replies about Tis. 100,000.
£102,124.7.8 at 5.1553.
ONLY.
wwwww
A New York wire of June 11 says: The 5,700-lon United States trans-
4. Cash ic London. I. portFeder arrived at New York yesterday tromm Arwerp 196,995.-What is the sterling
with one "* troop heavily laden amount and the rute of exchange taken? Also what rate was taken-namely, Captain M. D. Mile, of Seattle, who bad the entire ship to Just year for the same item?
himself. He was met by a band in. Answer. The sterling amount was £100,150.16.7 and the rate of official welcome boat in thei Tower Bay, and was greeted at the i exubunge 40553, and last year dock by Avo Red Cross, two There being no other questions Y.M.C.A., and two Knights of Corrhus (American CatboEc) work- following resolutions W.CTU
ars, all offering large quantities of opteil:- That the directors' report and food and tobacco. Mr. Alfred Brooke Smith joined statement of accounts made up to. How the ship came to make the All her COF- the Bout in place of Mr. John John-April 30, 1919, as printed and car trip in these circumstances nobody
one and his appointinent requires culated be adopted and passed, and appears to understand. confiam tinc,
the directors be authorized to pay atain knows is that he received orders Mr. Maerg and myself retire and final dividend of Th. & per share to to sail; ali Captain Mills knows is
shareholders on the register at date. that he was told to go in the ship. W for Sorwegian oster intre offer ourselves for re-election,
The auditors, Mesers. Lowe, Bing-Proposed by the chaithan, second- It is not quite correct to say but
& Matthews, offer themselves ed by Mr. McBain.
he was the only passenger, for just That the election of Mr. Alfred before the Federal" sailed the Before moving the adoption of the Brooke Smith as a director of the embarkation officers remembered a- He arrival of Interials, but good report, and accounts, I shall read company be confirmed. Proposed regulation which lays it down that gress is being made with them and answer a list of questions hand-by the chairman, seconded by Mr. no troops shall be sent to sea in a
ed to me, and after having done so SM. S. Gubbay.
Sransport unless & representative of . We have arried out a
That Mr. John Prentice and Mr. the Quartermaster's Department ne iderable amount of new engine and I shall be pleased to answer any fur
H. A. J. Mcmay be re-elected direc-companies them. So they detailed piler work, repair and renewals the questions to the best of ung
tors of the company-Proposed by Lieutenant John Nidrof to accom Taking into consideration the almorbilities. The questions were :---
1. Land. How are the £gures Mr. Brodie A., Clark, seconded by pany Captain Malls. arrived at? How valued? Would Mr. P. Crighton.
During the voyage, in accordance vit probably realize more if sold? That the sum of £1,000 be donated with the regulations, Captain Mills Answer. The values are those to the Sailors! War Orphans' Find. sunmoned himself can deck, every Proposed by the chairman, seed-snorning and called the roll, told him- the last company and are very low.ed by Mr. Chung Nie-ching.
Seif he was present, and reported
The last two of the stearic, We
beers delivered. The work on the
ex mera C Case we are
siding for the British Governmeal for re-election.
bean seriously delayed owing to
con-
business conditions, we consider result of the year's working very Hadi ductory
The balance of the net profits for the year including the amount hought forward from last year, after! paying an iutoriza dividend in March lab of Tis. per dare absorbing Tls. 276,000, writing off Tik. 80,000 from stel account, paying all charges and } allowing for all known liabilities, zuunta to Tis. 770,434.18, which we recommend should be dealt with Bu follows:
Pay a fimul dividend of T. 9 per share ...... log to special reserva
fund
to depreciation fund....!
Thoo
Carry forward to new
secourt
Ti ***495,200.00
150,000.00
77,332.18
40,201,98
We trust the recommendation will meet with your approval.
You will notice in the profit and thee account:-amount written off for stock Tls. 30,000 (this amount is written off a balance of stock bought at very high prices consisting of plates and rivets the rest of that By having all been used) and Bích stood in our books at Ta. 127,297,31 bas been written down to T. $7,297.21 ie., about 68 per cent. being it to the same value as simi- Bar vondegia...
as which was taken over from
I presume the question "Would
That Messrs. Lowe, Bingham & All correct to the officer of the
it probably realize more if sold" Matthews be elected auditors of the Quartermaster's Department.
fers to the sale of some of our many for the current year.-Pro-
When the ship docked yesterday
land we could spare without in posed by Mr. F. J. Burrett, second-morning (June 10) she was boarded any way.interfering withour works led by Mr. Brodie A. Clarke.
or extensione of them.
It co7-
tainly would, judging by the price
WBAT OF THE FUTURE?
At the conclusion of the business It is worth at meeting, the chairman said that one
we received for a piece we sold a few years ago.
by three embarkation officers com-
unding the troops aboard."
"Is the senior officer," mid Captain, Mila, saluting,
**Please muster your men
cer.
בץ
Tenet from three to four times the gentleman had asked him to express deck," ordered the embarkation offi- amount at adich it stands in our his opinion as to the probabilities of boolts.
the present year's working. Under "I'm all prosent, Sir,replied 2. Docks, How valued? Are the present conditions, with things Captain Miks, casting again. The as they are, he thought it would be formalities for disembarking, troops they worth more to-day?
Answer. They are worth today very foolish to prophesy what would
were gone through, and Captain Milla filed down the gangway and much more than they stand at in happen during the year.
there was every prospect of the marched away. our books.
having a very good year, but what the results of the trouble at home
3. Buildings. What is the pre
sent approximato valuation 7
So far
Answer. Our value as stated in would be no one could tell. They
the balance set i Ths. 365,000. had received a wire that day stating SUPPLIED BY ALL: CHEMISTS,
Mr. Stewardes, arhitect, valued that manufacturers at bone would
DHYSICIANS prescribe Chamberlain's
the last November at. Tie. not contract just now on account of
weden the coal strike, but if tinge righted P Colic And Barron Remedy be 657,250.
4. Machinery and Plants themselves at home there were lote cause it religers cramps in the stomach this worth more than the sum it of inquiries for work and they were and late-tian paine quicker than any preparation they can compound. It can stands at owing to increased value are to get some of it. If anything went fom any chemia. A bottle due to we donditions 2:: ...righted itself quickly they would will keep fir to, and no home is com- Answer. It is certainly worth have de good a year this year as they plete without it. For sale By All
hemists and Storekeepers. at least from 80 per cent. to 40 did laut.
1919.
STORE.
KING
1894
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