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-Van-
THE CHINA MAIL HUDY
LOCAL COMPANY DUKE WANTED GOELLE HOTEL
MEETING
SS He Bought Mayfair
China Emporium Has Good Year
Hotel
cause he wants a decent hotel A profit of $58,327.09 in last year's to stay in” when he comes to Lon- working was revealed by Mr. P. K.
Victoria
Kwok at the annual meeting of the don, the Duke of Somerset has be- come chairman' of a new company China Emporium Ltd."
Owing to the absence of Sir Shou- that has taken over Fleming's Hotel son Chow, the Chairman of the Board in Half Moon-street, W., and saved of Directors, Mr. Kwok presided.
In presenting the report the Chair. it from falling under foreign con-
trol. man, who spoke in Chinese, said:
His enthusiasm for the scheme Gentlemen,-In the absence of the
Hon Sir
Shou-son led to his being joined on the board Chairman, The Chow, who is at present in Shanghai
on business I have been asked to take by two other titled guests, Lord
Cornwallis and Lord Middleton. the chair.
Before proceeding further with the Said the Duke: business for which this meeting was called I feel it is my duty to record
Hong
Empress Kong
of
Leave
Arrive
Shang- Naga
saki hai
Leave
Kobe
Leave
-Yoko hama
Leave
Honolulu
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couver.
Arrive;
Russia
July 23 July 25 July 27 July
29 July 31
Aug. 9
Japan
Ang... 6 ... Aug. . 8.
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Aug. 19
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TO MANILA
EMPRESS OF JAPAN, JULY 30th
information from Passenger & Freight Offices
Union Building, Hong Kong
elephones: Passenger 20752-Freight 20042.
Agents, Jardine Matheson & Co., Ltd.
Canadian Pacific
"Although I became chairman so decent
the death of the late Mr. Chow Chi-na that I could be certain of a which took place on August 8, 1986. place to stay in when I come to The late Mr. Chow was a founder and London, the hotel has got to pay-
It isn't just a hobby a permanent director of this Company, His demise was a great loss to us and way.
I am sure you will associate with me "I know nothing about cooking, in extending our sincere sympathy to but I do know a decent hotel when
I find one.
I could not face the the family of the deceased.
You will observe that the profit for the period under review amounts to idea of one of the few that are left $58,327.09, to which has to be added, being bought up by foreigners.” the sum of $9,372.05 brought forward
the
total making from last year, amount standing at the credit of Profit and Loss account of $67,699.14 which your Directors recommend to be dealt with, as outlined in the Balance Sheet. I trust these appropriations will meet your "approval.
UPWARD TENDENCY -
Arrows To Shoot. Elephants
Count..Ahlefeldt Bille, nephew of
the Danish Minister in London, has
In reviewing business conditions for arrived in Kenya to hunt elephants the year as a whole I must say that in with a bow and arrows.
the first half year although the depres- The Countess will accompany him
sion continued unabated our business
was, however, on the upward tendency on safari. Her husband is an au- During, the period-radical changes had thority on the long bow, makes his his 'from timber grown on been carried out by the management in own
cutting down overhead expenses, and father's estates in Denmark. in devising a scheme whereby it en- courages the staff for co-operation, for improving
service and
maintaining
closer contact with the public. At the
same time no, effort had been spared still better results.
I do not think there is any further in carefully replenishing and selecting goods to cope with the demands by the matter calling, for comment and I now effect formally propose that the Report of the buying public. The resultant was reflected in the ever increasing Directors and the Accounts for the patronage manifested in all our depart-financial period ended 31st March 1987,
as presented, be adopted.
ments.
I am happy to state that our finan-At the conclusion of the meeting, the Dividend cial position is now very sound, as is Chairman announced that evidenced by the fact that substantial Warrants will be ready on Monday. reduction had been made in respect of Present at the meeting were the fol- Mr. P. K. Kwok. Overdraft and loans in comparison with lowing directors: those of last year
(Chairman), the Hon. Mr TN Chau, INCREASED BUSINESS:
Messrs. Fung-Fook-tien, Kan Tong-po, The total volume of business done Li Tse-fong, Chau Man-chi, Chan Tse- for the period under review showed an kei, Fung Ping-fan, Chan Lim-pak and increase over that of last year. In M. Chan Harr (General Manager). The spite of the advance in prices on all Directors were re-elected for, the next goods our sale and receipts for the year, with Sir Shou-son Chow being past few months continued to increase re-elected Chairman. (.
Messrs. Percy Smith, · Seth and. and I can confidentially anticipate the working for the coming year will show Fleming were re-elected auditors.
Triestina
lloyd Riesling
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