January 26, 1907.]
already been paid, and after writing off directors' and auditor's fees, it is now proposed to pay a final dividend of $1.10 per share, making a total dividend for the twelve months of $4.10 per share, and to carry forward the balance of $1,519.47 to credit of a new profit and loss account.
DIRECTORS.
Hon. Mr. C. W. Dickson having retired, Hon. W. J. Gresson has been appointed in his stead, and this appointment now confirmation.
requires
Hon. Mr. W. J. Gresson and Mr. A. J. Raymond retire by rotation, but offer themselves for re-election.
AUDIT.
The accounts have been audited by Mr. C. W. May, who offers himself for re-election.
A. SHELTON HOOPER, Secretary.
BALANCE SHEET to 31st December. 19 6. Dec. 31st, 1906. LIABILITIES. Capital
Accounts payable
Balance of profit and loss ac-
count
Less interim dividend paid
$57.319.47
25,000,(4)
Dec. 31st, 1906.
ASSETS.
Cost of property
Cash
J
To Crown rent
Dr.
C.
625,000,00
1
CHINA OVERLAND TRADE REPORT.
CORRESPONDENCE.
Hongkong. January” 21st, 1907. INTERPORT CRICKET.
TO THE EDITOR OF THE
"
DAILY PRESS.
SIR-I enclose ropy of letter of 11th instant from the Singapore Cricket Club inviting the | Hongkong Cricket Club to send a Hongkong, er combined China, team to Singapore during Easter 19 7 to play cricket against the Straits and Rangoon teams.
since 1890-16 gears ago - although Hongkong No Hongkong team has visited Singapore has been favoured by visits from the Straits ou several occasions within this period, and the Committee are very desirous in the interests of interport cricket to return these visits by one this year.
I shall be glad to receive as soon as possible 910.89 the names of players willing to visit Singapore so as to enable the Committee to decide whether they are justified in accepting this invitation.
28.319.47
$654,230.34 ૐ C. A14.80181 32428006
$654.23
.PROFIT AND LOSS ACCOUNT.
Dec. 31st 1906.
To fire insurance
To charges
To repairs to buildings
To commission to agents
To interim dividend of $2.00 for half-year
To balance to be appropriated as follows:
Auditor's feca....
Dividend of $2.10 per share
Balance to be carried to new
account
Directors' fees
Jan. 1 to Dec. 31. 196. Cr.
By balance brought forward
By rents.
By interest
By scrip fees... .................
< 8.247.75 2247.45
818.00
1.914.99 2.765.62 25.000.000
* -
$ 500.00
50.00 26.250.00
1.519. 47
28,819.47
$61.413.28 3 772.78 6000
6 6.50 3600
561,413.28
It would be necessary for the team to leave Hongkong on Saturday, 23rd March. The approximate date of arrival back here would be April 15th. Yours faithfully,
Copy
A. R. LOWE. Secretary.
SINGAPORE CRICKT CLUB
Secretary's Office. Singapore, January, 11th 1967. To the Hou. Secretary,
Hongkong Cricket Club. Hongkong.
STR. By direction of the Committee of the 5.0.0. I have the pleasure to invite the Hong- kong Cricket Club to send a China or Hong- kong Team to play the Straits at Cricket at Easter.
We have invited the Rangoon Gymkhana Cỉnh also to send a Burma l'eam at the same time which will admit of a series of triangular matches being played between the three Team«. This invitation also includes Lawa Tenuis, Golf and any other games you can send repre sentatives to play.
With regard to the dates upon which the watches might be played we have suggested to
INDO-CHINA STEAM NAVIGATION | Burmi just before" and during Easter, and we
CO.
RESOLUTIONS CONFIRMED.
An extraordinary general meeting_of_share. holders in the Indo-China Steam- Navigation Co., Ltd., was held at the offices if the com pany, Cornbill, London, on the 27th Decem ber for the purpose of confirming the resolutions passed at the meeting on
the 11th ult. as to the division of the existing 120,000 ordinary shares of £10 each into two shares of £ each. preferred and deferred, and the apportionment of the rights of each class of shares as trom the 1st January, 1907, together with certain consequential alterations in the articles of association.
Representatives of the Press were not invited to the meeting, but from subsequent inquirie it was ascertained that the Chairman (Mr. W. Keswick, M.P.,) presided over
a very small body of shareholders and that the resolutions were unanimously confirmed without dis cussion.
The Registrar of ompanies notifies that at the expiration of three months the following Companies will, unless cause is shown to the contrary, be struck off the Register and the Companies will be dissolved-The Tuo Yix Marine Fire and Life Insurance Co.. Ld.; The Chinese General Construction Co., Ld. The Tao Sung Steam Launch Navigation Co., Ld., The East Sunrise Fire and Marine Insurance, Exchange Mortgage and Godown Co., Ld.; The Hankow Daily Times Co., Ld. The names of the undermentioned Companies have been struck off the Register:-The Anglo- Japanese Locomotive and Engineering Co. Ld.; The Union Brewery Co., Ld.; The China Carrying Co., Ld.; The Eastern Flour and Provision Co., Ld.; The Wang Yip Timber Co., Ld.; The Shanghai and Hongkong Dyeing and Cleaning Co., Ld.
trust these dates will be found convenient to your representatives.
I need hardly add the pleasure it will give 114 Singapore and the pleasure it will be to be able to again welcome a Team from Chius in to reciprocate the cordial hospitality shown lo our Teams when we have visited Hongkong.
Trusting that you will be able to accept this invitation, Yours faithfully,
($gd.) G. W. P. OWEN,
Secretary.
SLEEPING SUITS FOR SOLDIERS
TO THE EDITOR OF THE DAILY PRESS
SIR,-Hongkong is the only garrisou in the Empire where the English soldier receives from the State "sleeping suits" as part of his personal equipment. These valuable articles greatly protect the men against chills, and by covering the body at night tend to cheek the mosquito bites that bring with them the, malarial poison.
WB waat such articles greatly for the army in general. The War Office reply that "they can hold out no hopes of such issue although 15,00 soldiers hospital with ague in the last army report wer admitted to
for the year of its publication. This number does not cover half the admissions, & many mu do not go to hospital for agu, but go through their attacks in their barracks. to soldiers of every rank and corps in Hongkong I now appal
to favour me with confidential to the utility of these articles to enable me to appeal more fully to Parliament to issus these necessary articles to the soldier. ague-stricken soldier who, on return to England, It is the is unable to fight his battle for employment in the labour market through werkness. I desire to prevent the ague attacks by making
letiera
པ་
58
the State issue these articles to the troops, It seems to me lamentable that 75,00) English troops in India should be without such clothing, All letters sont would be absolutely confidential and only need in a summary form. But there are in Hong kong many people outside the army greatly interested in the soldier's better. ment. To these ladies and gentlemen, whoever comes within their knowledge from the soldiers they may be, I would ask for any testimony that about the effects of these articles of dress on the wellbeing of the meu.
+6
I always maintain that if the nation only knew the details of the soldier life betterment
clothing, national discipline, and food is to to-day is rapidly would come to him. The struggle
whether Betterment"
in pay,
is to be the rale. Myself a supporter of be triumphant or whether compulsory service
as against compulsion one can only win by the struggle for improving letter. every defect within the service-bence this
"Bettermat
I am, Sir, Yours faithfully, GEORGE J. H. EVATT.
Surgeon General,
Junior United Service Club,
St. James, London, December 2th, 1906.
4
CANTON-KOWLOON RAILWAY LOAN AGREEMENT,
that
A Peking dispatch states that the Canton- Kowloon Railway Loan Agreement made last autamu in Peking between H.E. Tang Shao- Fi, representing the Chinese Government, and British Corporation, had been made the subject Mr. J. O. P. Bland, representative of the of a joint memorial of the Waiwapa and Yuch'naupu (Ministries of Foreign Affairs and Posts and Communications) to the Throne, in which their Majesties' approval to the Agree- recently an attempt was made by a small clique ment is asked. It will be remembered that
of interested persons in Shanghai to start AD Agitation against the terms of the loau to repudiate it, OD the ground in Chins for the enterprise. We may state that there WAN quite sufficient capital when his Excellency Tang Shao yi heard of telegram to Canton, where a similar agitation this he was most indignant and at once sent a had been started, upbraiding the agitators and signing of the. Agreemeut plenty of time had slating that for several mouths prior to the best given to the people of the country to subscribe funds to build the Railway in ques- tion with Chinese capital. Furthermore, his Excellency bad repeatedly asked the les·ling geutry of Canton whether they could take up the matter of raising the necessary funds, otherwise there would b no help for it, but to
procure a foreigu loan, so 14 to push forward the construction of the line. To all his Excellency's inquiries on the sub- ject
the same reply that there was no ready money in the country to construct the proposed railway with Chinese capital. Not until then, continued his Excellency's telegram, was there any move to obtain the needed funds from a foreign source, and it was therefore improper BOL to say ridiculous, to try to repudiate an agreement that had been made and signed after every chauce had been given thoas interested in the proposed railway to raise the regretted, looking from the point of view of the money themselves. "It was a matter to be
objectors, but it was now too late to make any objections, under the circumstances."
came
As may be remembered there has been a good del of talk from Canton about the considerabis amounts that have been subscribed towards the construction of the proposed Canton-Hankow So far, however, as ein be learned, a great part Railway-alleged to total several million taals.. of this money is merely on paper, only a small moiety being on · cash basis." We now understand that the Peking Government struction of the line and has accordingly sant desirous of energetically pushing on the con instructions to Canton to find how much of the pmoney "subscribed" is in hard cash aid how
much on paper.-N.-C. Daily News.