香泣与中段十
WEDNESDAY, APRIL 11, 1934.
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5
JIRO SATOH GIVES INTERVIEW IN SINGAPORE
Increased Business By Hong Kong Hotel
(Continued from Page 7)
ing and refrigeration purposes. ments stand at a far lower figure This last item of expenditure was, than for many years, and that vitally necessary in order to over-steps have been taken to keep come the serious inconvenience overhead costs and unproductive experienced in the past during dry axpenditure to a minimum amount," seasons in relation to the, flushing
No Dividend.
FACES A NEW FRENCH RUGBY
ACCUSATION
Professionalism Charges.
STATE INQUIRY SOUGHT
(By J. P. JORDAN).
"London, March: 9.. NCE again French Rugby has Geen thrust into the lime-
facilities and refrigeration at the Your Directors extremely regret Peninsula Hotel with its 250 their inability to recommend the light, of which it has had a plenti-
guests' rooms,
With regard to the item "Motor declaration of a dividend in res-ful share this season. Cars, Coaches and Trucks," pect of the past year's working,
my
Coming on the eve of the French previous remarks have explained but in their opinion the times the Sales and Depreciation, involy-through which we are passing em- Federation's meeting with the four ed. The additions totalling $60,-phasise the necessity for conser-home unions, next week, the ac 349. cover the acquisition of 6ying resources to the piment excusation made in a French news. Bedford Buses for the Inter-Hotel teat
In view of the depressed condi-paper 'that professionalism is still Service, Hong Kong to Repulse Bay, and the provision of six newtions generally prevailing and the rife in France comes as a startling passenger cars for the Motor Hire dearth of the particular class of surprise to those who believe that Service which were necessary
business upon which our to
replace that number of vehicles of
old model withdrawn.
profits
on a major scale depend, it is sub-France had rid herself of the mitted that the result of the year's taint.
DOES NOT PLAY IN EXHIBITIONS
"I THINK IT BETTER TO RETURN HOME"
AM NOT FIT," SAYS LATE TENNIS ACE
Singapore, April 5. INGAPORE'S tennis enthusiasts were keenly disappointed yester- day when it was announced that Jira Satoh, the brilliset Ja- panese Davis Cup player, would not be able to take part in the ex- hibition games at the SCC. arranged in honour of the visit of the Japanese team which passed through on board the Hakone Mara on their way to England.
Satoh was unwell. He told a "Singapore Free Press" reporter on his arrival that he would probably return to Japan and leave after Satoh committed suicide by jumping overboard as the Hakone his. three colleagues to proceed to England on their own. The night Mara was in the Malacca Straita. His body was not, recovered.
However, the three other members of the team provided some wonderful tennis for the large crowd which turned out to see them
The results were as follows:— Doubles
Increase In Stocks.
working with',the Profit and Loss Next week's meeting has been Account Balance on the right side convened to allow the French Fo-play.": Stocks of Stores Stand "at... a
represents a position which can, deration to satisfy the British un- greatly decreased figure this year; in the circumstances, be regarded ions that professionalism has been this decrease amounting to some with feelings not entirely devold stamped out, and to show that $172,000-being attributable to
Inf satisfation.
Ithe conduct and control of tho the disposal of the Garage Depart In the appropriation recommend-game in France have been placed ment spares, accessories, etc. pred for your consideration to-day on a satisfactory basis. viously referred to
GRAVE "ALLEGATIONS The Shares in our subsidiary appears an item for the transfer to Exchange Fluctuation Account| Company, The Grand Hoteldes of the sum of $100,000. This re-been made by Gallia, the old la- Now grave allegations have |Wagons-Lits, Ltd. have been in-
commendation is not intended to
France.
Chua Choon Leong and Yong Loon Yamagishi and Fujikura beat
Cheong 6-2,
3.
After two
*
'*
SATOH PASSES DOCTOR'S EXAMINATION
Decides To Captain Side In Davis Cup
Singapore, April, 5. Jiro Satoh, captain of the Ja- panese Davis Cup team, in an in- terview early yesterday evening. told the "Singapore Free Press"; that he was not fit to play in the competion and intended to return to Japan Lo-morow.
Yamagishi and Jujikura beat Roy Smith and Hopkins 6—3.
Yamagishi and Fujikura" beat cluded in the Balance Sheet at cover dealings in exchange by the ternational and one of the leading Roy Smith and Chua Choon Leong cost, concerning which I think the Company or anything of that na-spirits behind the attempt to es- lust published Balance Sheet
Singler of ture, but to make provision against tablish the Rugby League game in that Company as at June 30 contingencies rendered possible by
Nishimura beat Lim Bong Soo 193, (which has been circulated the fact, that the assets and lia- Gallia is reported to have said. 6–2, 6–3. to you by way of supplementary bilities, pertaining to the Com-that eleven clubs have paid mem- Bong Soo,. Nishimura warmly con- hard sets against information with the Report and pany's Shanghai Branch have been bers of their teams, Bordeaux, Accounts of this Company) shews converted at par for inclusion in Montauban, Narbonne,Avignon cellent form he displayed. Except gratulated his opponent on the ex- the equity of that basis of inclu-the Company's General Accounts and Perpignan being among those sion.
for This transfer of $100,000 is re-mentioned.
a rather cramped forchand Passing to the abilities detail commended by your Directore up
drive Nishimura showed himself ed in the Balance Sheet, you will on the advice of the Company's having, declared that a contract at in
Further, Gallia is quoted as an extremely stylish player, though |————— observe that the "Repairs and Auditors in view of the apprecia- £3 a month was recently offered a Yamagishi, was even more strike three games straight off but lost
this respect his colleague, Renewals" Account has suffered ble variation in the Currency Ex-player by one club, and that severing. depletion by $5,961.30, which rechange between the two Ports as other clubs have paid regular presents the expenditure incurred at the date of the Balance Sheet. monthly salaries to their in re-wiring work in connection;
with the electric light and power
Trading Prospects. With regard to trading prospects
1
mem-
to
bers.. installation at the Hong Kong Ho for the current year, I may atate Federation have already met
The committee of the French tel which was, necessary in order to comply with the requirements that, to date, business generally consider what steps to take in of the Hong Kong Electric Co.ately last year's standard, with a the Stade Toulousain, one of the has been mattitained to approxim-view of these revelations, while Ltd. under Regulations made by light increase the Governor-in-Council
in ourist patron-accused clubs, have categorically nge. September 9, 1930.
Prospects for the coming denied the, charges. summer months are however dif- You will doubtless note with safeult to foreshadow, although re-
NO PREJUDICE tisfaction the further reduction)
ports from our friends the Steam-
on the
directed to the reduction in the
cial year. A comparison of the: Balance Sheets as on
December
vel Bureaux are imbued with.
in
A
Bong Soo thrilled the crowd
by setting the pace from the start
Later in the evening, however, he was examined by a doctor, and in consequence, decided to стипо tinue his journey to Europe and captain Japan in the Davis Cup matches,
the next one. They led at four games to one but the, Chinese won the next game mainly through Choon Leong, who secured the ad- vantage from deuce and outdrove Yamagishi to take the winning point.
Yamagishi and his partner won the next two games easily.
In
'Japanese Win' Doubles Against Roy Smith and Hopkins and driving Nishimura to the base the Japanese pair did equally well In the meantime the federation ball, but the Japanese never
line and making him run for the and once again they secured thres effected during the year in rela- ship Companies and overseas Tra- may rest assured that the home peared to be fully extended
pgames in succession. Hopkins was: tion to our indebtedness to the
unione will not allow themselves he settled down. It was a game amends later and earned much of once unsteady at first but he made Bank-the outstanding indebted degree of optimism which, if reni. to be prejudiced by unsubstan- of long rallies with ness on the December 31, 1935 sed, would presage an increase intiated charges,
the Chinese the credit for the stand which being $873.982.82 дя compared
putting all he had into his charac- brought the score to five games to with $1,095,070.48 at the Becera-vantage of our Establishments,
In Rugby circles over here one Leristic top travel likely to redound to the ad-
spin drives, Several three. Smith brought of several frequently hears reports about ber 31, 1932.
times he took the honours after a excellent winners but a In conclusion, I desire to record this or that club or player having long bout of base-line play and finish saw the Japanese run out at strong Current Liabilities.
due to the various committed an act of profession-came in for a lot of applause, but 6-3. ment favourable notice may, be members of the Company's staff aliam, but very rarely. is proof on the whole he failed to-expose
Touching the foregoing state-he thanks
The third doubles match forthcoming. The charges against any weakness on the part of the which Smith and Choon Leong op- who, though greatly reduced Current Liabilities of the Comficulty, loyally
number, have, during a year of dif- French clubs may prove, upon ex-Japanese who did not take long to posed the Japanese was every bit pany made during the last finan-maintaining the Company's busied
co-operated in amination, to be equally unfound-learn that Bong Soo could easily as Interesting as the previous
be beaten with The French Federation are to deliveries.
crisp cross-court games. The local pair won the ness at its customary standard of
defend themselves against the efficiency,
first game but the visitors annered 31, 1932, and 1933, respectively re-
Nishimura Interviewed the next four. Then Smith and veals the following position in re Report of the Directors and the I now formally propose that the
charges, and as they are recog- nised by the State, as an organ tactica and his service was
The Chinese seldom varied his Choon Leong rallied and won two lation, to Current Liabilities. On
isation of public utility,' they
weak games but they were easily beaten December 31. 1932, the Bank Accounts for the financial year Overdraft ($1,095,070.48) plus the sented. be adopted, and that the ended December 31, 1933, as pre-
Intend to demand an audit compared to that of his opin the ninth. lability
their books by the Minister of Ponent. In the first set Nishimura
Satoh Interviewed to.. Sundry Creditors
seemed content to play the sort of. Finance, the extraordinary sug- following appropriations recom
Jiro Satoh was selected to cap. $965,624.07) totalled $2,060,694.55,
He won tain the Japanese Davis Cup team. On December 31, 1933, the Bank mended by your Directors, as in- gestion having been made that game Bong Soo liked.
the opening game but Bong Soo]"I am not at all it" he said "and I players have been paid for play took the next two. The fourth think it is better for me to return Overdraft stood at $873,982.82 and be carried into effect:-)
corporated int he Balance Sheet, the indebtedness to Sundry Credi-To Transfer to Ex-
ing for France.
game went to deuce and Nishimura to Japan. I will probably leave tors at $391164.60, an aggregate
won it and took all the remaining by the Terukini Maru on Friday." amount of $1.265,147.42, represent-
games. ing a reduction in Current Liabi-
Satoh shook his head despon- In the second set it was clear dently when he was. THE BILLIARD PRO'S that Bong Soo was tired and, die- exactly
asked what lities during the year 1933 amount- Carry forward to New
Was the matter with Ing to $795,547.13. Of the funds)
FED-UP FEELING. playing a variety of winning shots, his health. "I am not fit," he re- requisite to effect this reduction,,
the Japanese lost only one game peated. out of the Arst six. Bong Soo had
change Fluctuation Account
Account Åbe
$100,000,00
188.239.30.
$288,239.80
14
of
the proceeds of the sale of our Bus Department.
The Hon. Mr. J. P. Braga second W. Smith Disgusted With
Walter Lindrum's Assets produced $354.478.74ed the report, which was passed un- the remainder $441,068.39 being
animously met out of surplus revenue from
Auditors' Payment.
Sir Elly Kadoorie, who, retired
.
יז
Asked for his views as to the likely winners of the Davis Cup this year, Satoh said Japan would make a strong bid.
been driving into the net fre- quently and his returns lacked the accuracy he had shown in the first. Singapore, Mar. 20. set. He made a Ane effort when Working Account. In addition to by rotation, was re-elected a mem- visit to Shanghai and Hong Kong games to one and, once more forc-players that had been selected to Interviewed on his return from Nishimura was leading by fiva He felt certain that the young contributing to the redetion af Current Liabilities, Surplus Re-ber of the Board of Directors, be- Willie Smith, the well-known pro-ing the pace, he snatched the represent Japan would do well. venue from Working Account sup-ing proposed by Mr. F. Austin and fessional billiards player, deplored seventh and eighth games, Nishi- Personally, he thought England plied funds to finance the capital seconded by Lt-Col, Logan. the slipation which has arisen mura taking the ninth to win 6-3. had an excellent chance of win- expenditure detailed in the Ba- Messrs. Percy Smith, Seth and through Walter Lindrum's refusal The Doubles Matches King the Cup again though Aue-
lance Sheet amounting, to $200,-Fleming, were re-elected auditors to give up possession of the British Yamagishi and Fujikura pre-tralia, Trance and America would 914.07, that, is to say, Surplus for the Company for the ensuing championship trophy unless beaten sented a striking contrast in ath provide strong opposition. Am- Working Revenue: útilised during year, being proposed by Mir, under title conditions, in his own ture. The latter, elim and lanky, orica, of course, had lost the ser the year 1983 to finance capital Figueirdo and seconded by Mr, country,
was perhaps the more formidable vizes of Vines, gho has turned expenditure, and reduce Current J. Cameron,
Smith stated that, in his opinion, of the two. There was little to professional, but there are a num Liabilities amounted to $650.982.- A payment of $3,000 was also the decision, of the Control Coun- choose between their respective ber of other Americans who are 46.
volod, to Messrs. Percy Smith, Seth all of the Billiards Association that services though Yamagishi im- capable of extending the world's Although profits on a desirable and Fleming, in respect of extra the championship should be played parted a spin to the ball which his best level have not been made during work carried out by them last year in Australia had placed them In partner's servico, “lacked, Both Referring to the suggestion that the year under review, I think in undertaking the whole of the an humiliating position, were very accurate and several of there should be an open touras- you will agree that appreciable work in connection with the regis "To tell you the truth, I am fed their first services were, winners ment for professionals and further progress has been made tration of transfers of Shares in the up. I am like the British public, The Chinese pair, Choon Leong amateurs alike, Satoh said it would towards présenting to you at the Company, and the control of the Resick and tired of the whole thing, and Loon Cheong gave a bright be very Interesting and he was end of the trading period a Ba-rister of Members. This course, in L'am also surprised and disgusted display, particplarly, the veteran sure the amateurs would carry the lance Sheet displaying a more Il- the opinion of the Board of Dino at the manner in which my fellow Choon Leong, whose half volleys, day since at the present time the quid position than previously. In fora was, more, economical than/n-professionkip In England have and side-line drives often made up standard of the best amateure was that relation I would inform you raging, the extra clerical azalet és taken Lindrum's déclaration maid for his 'partner's mistakes,
woll up to that of the profes that our present forward, commite which would otherwise' be; required. Smith-Beuter.
The Japanese pair, won the first stonais.