Page
HONGKONG, CANTON AND MACAO
STEAMBOAT, CO. LTD.
HONGKONG, SATURDAY, JANUARY 31, 1920;
The following is the report of the board of directors of the Hongkong. Canton and Macao Steamboat Company, Limited, to the Ordinary Annual Meeting of Shareholders to be held at the office of the Company, on Tuesday, the 10th February, 1920, at 12 o'clock, noon.
Gentlemen,The Directors have now to submit to you a general statement of the affairs of the Company, and balance sheet for the year ending 31st December, 1919.
The net Profits for the year amount to $278,885.70 which, with the amount brought forward from last year $28,693,05, gives an amount available for division of $307.576.75. From this amount an Interim dividend of $1.00 per share ($80,000 has already been paid, leaving a balance of $227,576,75 available for appropriation, which it is proposed to deal with as follows:
To pay a final dividend of $1 per share
To pay a bonus of 50 cents per share
.....................it.......
To write off book value of steamers, wharves and lighters.
To transfer to Special Repairs: Fund ...........
To transfer to Equalization of Dividend Fund ................. To carry forward to a new Profit and Loss Account.
.$ 80,000.00
40,000.00
40,000.00
20,000.00
25.000.00
22,576.75
$227,576.75
Messrs. D. Landale, P. H., Holyoak and H. W. Looker resigned their seats on the Board.on leaving the Colony and Messrs. John Johnstone, E. V. D. Parr, W. Sinclair and W. E. Clarke were nominated by the Directors. the fill to vacancies, subject to the confirmation of the Shareholders at this
meeting.
In accordance with the Articles of Association the Honourable Mr. Stanley, H. Dodwell and Sir Robert. Ho Tung retire from the Board by rotation, but being eligible, offer themselves for re-election
The accounts have been audited by Mr. C. Bernard Brown, A.C.A,, and Mr. A.. R. Lowe, F.CIA, who being eligible offer themselves for re- election as auditors for 1920.
STANLEY H. DODWELL,
Chairman.
Hongkong. 23rd January, 1920,
BALANCE SHEET, DECEMBER 31, 1919.
LIABILITIES.
Capital, 80,000 Shares of $15 each fully paid up Insurance and Underwriting Account, as per
last account ....
Amoun: added during 1919......r ·
$1,200,000,00
$420,625.00 6.460.42
1
Depreciation Fund, as per last account
Equalization of Dividend Fund, as per last
account
427,085-42 250,000.00
70,000.00
Investment Fluctuation Account, as per last
account
Decrease 12 months to date
125,053.99 86,351.68
38,702.31
Special Repairs Fund, as per last account..........
7,307.55
Amount expended during 1919 (-)
7,000.00
Unclaimed Dividenda
Sundry Creditors
Proft and Loss Accoun:
ASSETS.
$766,500.00
$2,250.00 1,000.00
Steamers Honam," "Heungshan,” “Sui An,” Sui Tai," and ths "Kinshan," as per last $ 791,500.00 account....
Less written off for 1918..... 25,000 00
Lighters "Sunlee" and "Wolee" as per last
account
. Less written off for 1918......
Motor-boat "Ping On" Company's Eths as per
ast account.......
Less Book value sold
Wharves and Moorings
1,250.00
307.55 2,523.95 140.606.53 227,576,75
$2,256,902.51
TRAINING TIMES,
DERBY GRIFFINS.
Farmer.-42.2/5; 1.19;.1.58; 2.34; 3.09; 3.39, Pile Driver.-45; 1,24; 2.00; 2.40; 3,15; 3.46. Cigar Box.-37; 1.13; 1.47.2/5: 2.19.3/5. Aläaka Chief.-31,2/5; 1.04.275; 1.38.2/5. Wilkin's Micawber.-34: 1.07; 1.4.2/5; 2.18; 2.51.2/5. Aviation-33.2/5; 1.09.2/5; 1.4.1/5.
Plain John-35; 1.10; 1.43.2/5: 2.19; 2.53.3/5, 3.26. - Hongkong Chief joined by Kandy Chief for last mile.--37; 1.10;
1.42; 2.17.2/5; 2.52.3/5; 3.25.4/5.
ተነ
Spoile _Child-47.2/5; 1.27; 2.04.3/5; 2.43; 3.16.2/5;3.45.3/5. High Tide and Paper Money.-30.3/5; 1.11: 1.47; 2.21: 2.53.3/5. Cadzow's Glen.--37; 1.09.3/5; 1.41.1/5.
Allied King.-40.1/5, 1.19; 1.58; 2.33: 3.07.2/5; 3.44; 4.15.2/5.
OLD PONIES.
Sumatra Chiel.—31.2/5; 1.04.2/5; 1.37. Salamander.-36; 1.09; 1.45; 2.19; 2.50,
Red Robe.-42.2/5; 1.19; 1.56; 2.34; 3.09% 3.39.
Kalamazoo-35.2/5. 1.12, 1.47.2;5; 2.22.1/5; 2.52.4/5. Mountain King.-39; 1.15; 1.49; 2.25.2/5; 3.00 3.31.2/5. Colinton and Starn.—38; 1.10; 1.46; 2.22'; 2,53.
Mighty King-41.3/5; 1.20.2/5; 1.58; 2.34.3/5; 3.10.2/5;
3.44.1/5; 4.15.4/5.
Vivat.-33.4/5; 1.10; 1,44; 2.17.
Black Prince.-36; 1.13.2/5; 1.50.2/5; 2.23.4/5.
Valley King joined by Beggar King for last three-quarters-34.4/5;
1.09; 1.41.1/5; 2.15.
Sandy.-36.2/5; 1.13.2/5; 1.49.2/5; 2.21.4/5. Rochester.-38; 1.17.3/5; 1.56; 2.29.
Scotch Box and Smoke Box.-40: 1.18; 1.53; 2.30.2/5; 3.05.2/5;
3.39.3/5.
Siamese Car-41; 1.19; 1:56.3/5; 2.32.2/5; 3.05; 3.35.. Malcolm-38: 1.15; 1.49.3/5; 2.28; 2.59. Gentle Cat.-374 1.12: 1.47.2/5.
Spotted Sand-35; 1.13.4/5;'1.49; 2. 199
SUBSCRIPTION GRIFFINS.
Louza-48; 1.29: 2.07: 2.45; 3.21.3/5; 3.53.3/5. Surprise and El Dorado.-33; 1.09; 1.45.2/5; 2.20; 2.55, Kipper.-35; 1.13.2/5; 1.49.3/5, 2.23.
Ludlow-35; 1.13.2/5; 1.50; 2.26.3/5. Bratus.-36: 1.12; 1.50; 2.25; 2.55. Mamany's Child.-43; 1.18; 1.53; 2.32; 3.07.2/5; 3.40. Sunspot.-46: 1.25; 2.02; 2.37; 3.11.2/5; 3.42.
Riza and Craigmount.-45; 1.25, 2.07; 2.47; 3.25; 3.56. Tredegar and Trevelyan-42.1.23; 2:00: 2.34.1/5; 3.07. Orion and Trumpet.-46; 1.26 2.05; 2.41.2/5; 3.15; 3.47. Target joined by Hawkes for last mile-43; 1.21; 2.00; 2:38:
3.14.2/5; 3.49.
Savernake.-38; 1.17.3/5; 1.56; 2.29.
Trelawney joined by St. Chad for last mile.-40; 1.18 1.56;
2.23.2/5; 3.03.3/5.
"
Naughty Child.-33; 1.09; 1.45; 2.19; 2.52.
Uncle:-39.2/8; 1.16.1/8; 1.52; 2.28.2/5; 3.05.2/5. Pawnshop.-39.2/5; 1.16.1/5; 1.52; 2.28.2/5; 3.03.2/5.
Wee, Mouse, Sinza and Cannon.--38; 1.14.2/5; 1,50; 2.25; 2.59.2/5.
Tarzan.-35; 1.10; 1.46; 2.24.2/5; 3.00. Shiny.-33.3/5; 1.09.
LARSEN GRIFFINS. Sandmartin-37; 1.13; 1.47.2/5; 2.19.3/5.. Cornet.-41.3/5; 1.23: 2.00.2/5: 2.34.3/5. King Bruce-33.4/5; 1.10; 144; 2.17. Cameo. 35: 1.10; 1.46; 2.24.2/5; 3.00. Nutford and Dunford.-35; 1.10.1/5; 1.44.
ROCK BLASTING.
WEATHER REPORT.
January Md. 19A 33m--No - returus. from Vladivostick or Japanese stations. Pressor has decreased considerably at Weibsiwei and lightly at other re- porting stationa. except st Toursna ware it has increased slightly and over the Phillippines where it is nearly stationary.
The dap essios is now central to th north-east of Hongkong.
Hungtong Rainfall for the 14 hours ending at 10 am: to-day, 0.01 inch. Total since January 1st 0:0 inches. squinst an average of 1.86. Inches.
Fores for the 24 hours anding st aon on January 1st, 1920,
1-Hongkong to Gap Rock, SE, winds, moderate, cloudy, log,
A-Formosa Channel The grass is No. 1.
1--South coast of Obina. between longkeng and Lanocks. The mme BE No, L.
4-South coast of Chins between dongkong and Hainan. The sadne. BI No. 1.
T.. F. CLAXTON, Director: /
Hongkong. Observatory, "Jan. 31, 1820,
HONGKONG TIDES.
The alde-table_viven below has beår ompiled at the National Almanac Office in London from the result of the analysis f observations taken by mesar of an utomatic tide-recording machine in the facer Police Baain as Trith Sha. Toal uring the years 1903-8,
The zero of the table corresponds with he sero of the sounding in the Admiralty hath, which bas boen found to be 4 teat
Inches below mean non-level
dd
To obtain the depth of watar on the ade gauge at the Victoria Naval Yard feet 4 inches, and on the gauge Lament Dock, Aberdeen, add 10 feet inches to the height given in the table.
Jan.
Mon.
PUBL
CHINESE TELEGRAMS.
-Wed.
CONTRACTOR ACCUSED OF GIRL'S DEATH.
(By arrangement with Wah Ta
Yet Po.)
February 8, 1920..
HIGH WATKA
1
'S. Hongkong
Mean Height
LOW WATER
Hongkoca
les.n Hor.
Tim
feet
h: m
6.43
A
A to
*****I
:"
There was a sequel to the case re- -$767,750.00 ported in the China Mail on Thursday,
1,106.79
1,106.79
23
per, last
account.
.$ 166,750.00
Less written off for 1918
· 14,000.00
152,750.00
Properties at Canton and Kongkun, as per
jast account
103,021.71
Office Furniture, as per last account
1,000.00
Spare Gear and Stores
41,134.84
Interest accrued to date
1,524.63
Marine and Fire Insurance Premia, ̈paid on
account of 1920.....
10,311.50
Sundry Debtors ........................
54,258.13
INVESTMENTS AT MARKET VALUE ———
"Shares and Debentures in Local Companies. British and Hongkong Government War
Loars and Bonds
911,945.00
153,913.36
Cash at Bankers........
SHANGHAI, Jan. 30. Mr. Lu Ching Chang proposes to of a 14-year-old Chinese girl meeting settle the Foochow outrage with with her death at Taiwan on the even- Japan before dealing with the ing of the 28th inst., by being struck, Shantung question.
SHIPS DUE TO ARRIVE.
FROM EUROPE.
Thes. BISON, due here Jan. 31
by a piece of rock during blasting In corapliance with the request of operations. Before Mr. J. R. Wood the Japanese minister, the Ministry from Europa and a-ils for bhanghai and this morning, a Chinese was charged of Education has ordered the Jauar. Feb. 1. with being responsible for the girl's 256,771.71 death.
107,229.10
1,065,858.36 59.293.34
$2,256,902 51
JOHN ARNOLD. Secretary.
E. V. D. PARR
W. SINCLAIR
Directors.
STANLEY H. DODWELLJ
at
all
schools
principals to probibit the students censoring Japanese goods.
It is reported that Vladivostock has been occupied by the Bolsheviks.
The .s. CYCLOPS, due here Fab. 3 Japan. Feb. 4. from Europe and sails for Tsingtau and
The .. PERRBUS, due here Feb. from Europe and sails for Shanghai Fab. 7.
The 3.5.
KNIGH COMPANION, due
Inspector Brown said that the thing occurred at 5.30 p.m., on the 28th inst., at Taiwan, near the Kowloon Deck Company's new extension. The Mr. Wu Wai Tak, the minister to here Feb.17 from Europe and sails for deceased and another girl were picking Paris, has tendered his resignation Japan, Feb. 18. firewood in a clearing about 150 yards which will probably be accepted. It from Europe and sails for Taingtau vis aa. TITAN, due here Feb. 17 away from where the blasting opera is learned that the Government is
Japan, Feb. 15. tion was taking place, when the de- intending to appoint Mr. Wellington. ceased was struck on the head by a Koo as his successor. piece of rock weighing, about 50lbs., '
The deceased's dying instantly, mother was employed as an earth car rier "on that particular piece of work, but was not at work that day,
Rumour is on foot that the Au Fu Club wants to get rid of Mr. Lu Ching Chang and trica to get Mr. Suon Po Ki as minister of foreign affaire. This is why Mr. Lu Ching
The . JASON, das here Feb. 24 from Europe and cails for Shanghai and Japan, Feb. 20
6-3.
from Europe and sails for Tsingtan, PELETS, dve here Mar. 4 Shanghai and Japan, Mar. 5.
The 25 LAYÇAON, due here Mar. 8 from Europe and sils for Shanghai and Japan, Mr. £.
The 3.8. MENTOR, dae here Mar. 15
Japan, Mar. 16.
Addressing the defendant, his Wor-Chang has not yet taken up his past. Mr. Liang Shi Yi is expected to be ship said: You are charged with kill- ing & girl named Ip Soy, aged 14 reappointed as Director General of sails for Shanghai and
Customs. years, at Taiwan on the evening of
were blasting carelessly, as a large
The Amir of Afghanistan requests
KEEMUN, das here Mar. 30 from Europe and saila For Tsingtau and Japan, Mar. 31.
We report that we have audited the above balance sheet with the the 28th inst. It was alleged that you the Chinese Government. to make a he s.8. RHESUS, doe here April 1 books and vouchers of the Company in Hongkong and the returns from the Company's Agencies. We have also verified the securities representing piece of rock struck the girl on the commercial treaty. The Cabinet has from Europe and sails. for Shanghai and the investments and in our opinion such balance sheet is properly drawn head and killed her. Do you under- decided to accede when the affairs of Japan, April 2
Afghanistan and Britain -have been up so as to exhibit a true and correct view of the state of the Company's stand the charge? affairs at December 31, 1919, according to the best of our information and
setiled. explanations given us, and as shown by the books of the Company, *-
We have obtained all the information and explanations we have required.
A. R. LOWE
C. BERNARD BROWN/Chartered Accountants.
Hongkong, January 23, 1920,
Auditors.
PROFIT AND LOSS ACCOUNT,
For the year ending 31st December, 1919.
DEBIT.
To Amount paid for repairs to steamers, wharves and lighters $ To Loss in Exchange of subsidiary silver coinage ..................... To Directors and Auditors' Fees
To. Difference between Book Value and amount realized By
Sale of Motor-Boat "Ping On" Co.'s ths
To Interim Dividend of $1.00 per share on 80,000 shares.................
Balance to be appropriated :
To Final Dividend of $1.00 per share on 20,000
shares
80,000,00
Bonus of $0.50 per sbate on 80,000 shares... Write off book values of steamers, wharves
and lighters.
40,000.00
40:000.00
Transfer to Equalization of Dividend Fund..... be carried forward to New Account 4.
25,000.00
CREDIT.
By Amount brought forward from last Account?....
Net Earnings of Steamers....
Incame from Investments
Transfer Fees 2013 (199)
22,576.75
The defendant said that he did.
All the Diplomatic representatives His Worship (to the Inspector): Is of various nations in Russia, are be the master?-No, your Worship now at Harbin. but he is in charge of the blasting.
General Chang Tack-lum has been
I understand that he is a sub-con- ordered to send a force to Ah-Mu-hi
tractor, and contracted for the blast-
ing operation only. I got this in- formation from Sang Lee's, the con-
tractors who sub-ler this piece of work ANSWERS TO
to the defendant. He was beating the
gong at the time the girl was hit by the rock.
The Inspector said that he was not
prepared to go on with the case, as
CORRESPONDENTS.
The .. TELEMACEUS, das here April 5 from Europe and sails for Shang- bai and Japan, April 6..
FROM AMERICA.
Jan. 18 and is due bere ris Tsingtan, Thess. TENDAREUS, left: Seattle
Tokohama, Kobe and Manila Feb. 7o. *. The as. 1XION, leaves Seattle Mar. 8 and is due here is Tsingtan, Yokohama, Kobe and Manila April 14.
FROM MANILA.
The 18. TYNDAREUS, leaves Manila:
WAR HEROES.-Na. You are not Feb. 29 and is due is here Mar. 2. sailing
79,568.10 he would have to ger together, all his expected to bring your own mugs
1,303.73 witnesses first, and as he was going the Garden Party 8,800.00 over to Macao on Monday, in connec
tion with another case, he would not 356.79 be ready for another couple of days.. 80,000,00 His Worship fixed the hearing for. "Thursday at 11 a.m. Bail was allow- ed in the sum of $500.
RUBBER
to
for cattle via Sobe and Yokohams
|| Mar: 14, 15 Ad
The a PROTESILAUS, leated Manila: Jan. 31 and is due here Feb 2, calling i for Seattle via Robe and Yokohama Febi 14.
FROM - JAPAN.
The ss. AGAPENOR, left Yokohama Mr. Harold Seth has just received Jan. 21 and is due here via Kobe and a batch of rubber companies' returns. Bingapore FOMEDON, leaves Yoko- Shanghai € sailing for London vis The American Consul-General among which it is noted that Sung- The .a. has received instructions indicating kai-Chumor's crop for November hate Feb. 7 and is due bero vis Kobe that-ion and after February 1, 19,20, was 52,000-lbs, more than double its and Shanghai Feb. 23, eailing for Looden 227,576,75 all vessels, including vessels belon output, for the same period of the via Singapore Feb. 24.
The 6. HYSON,leaves Tokobams ing to the Shipping Board of the Previous year. Its crop for five Fob. 28 and is dus here Mar 15, sailing,
months was 275,841 lb.
For London; via Singapore Mar. 16 397,605.37 United States, which arrive in the
United States from foreign ports will be a big increase, and in 5 months Shanghal Apr. 12, smiling for London vis," Victoria (Malaya) produced 37,000 27 and is das here vis Kobe and The .s LYCAON, leaves Yokohams
be subject to the full force of the 189,200 lbs. Of Sumatra companies, Singapore April 13. 28,693,05 immigration act and will be subject to United Serdang yielded in November The B. MENTOR, leaves Yokohams 294, penalities for failing to meet all the 333,384 its. (969,065 lbs. in three Apr. 10 and is due hare via Kobe sad
75,019.10
months). Toerangie had 44,636 lbs, and Shanghai Apr. 10, nailing for London requirements of that act. The opera and Socagei Rampah 26,480 be, or Thess. RHESUS, leaves Yokohama 196,50
via Bingapore April 27, v tion of these laws was suspended to1239,810 tbe in eleven months. These Apf-24 and is due here is Kobe and some extent during the wae but now all represent greatly increased, out- Bhanghai May, 10, miling for London comes into full forn sem
-Mag 31-