Catler
atler Farmer &
The Wine Merchany of the
NAPIER JOHNSTONE'S
“SQUARE BOTTLE ”
WHISKY.
UNVARIED FOR OVER
150 YEARS.
THE SAME TO-DAY AS IN 1745.
BEWARE OF IMITATIONS.
SOLE AGENTS IN HONGKONG
LANE CRAWFORD & CO.
and from ALL WINE MERCHANTS.
MARTIN'S
APOLLS
PRITISANORDNATI FILÃO APR (SPRJE SUPERTAL)
Mandla’'n Ville da the nation, t
mas Bay Irregularity of the ägda a skamaly down coay be administered. Pium wie celi eccettand them, hamon Sharan
SEAT CROSSon past. Böoven well lines
MARTIN'S
SPIOL&STEEL RECEPILL
* FOR
NERVOUS EXHAUSTION
LOSS
MENDA!
and
DEBILITY
and
10
frin the NERVES
CHAPOTEAUT'S PHOSPHO-GLYCERATE OP LIME
It increases vital energy and nerve force, cures Metzrasthenia," Dyspopała, Insomnia, and' nasuous diseases in adults and children.
-IN CÁPSULES, IN WINE, AND IN STRUP
,,,
[69
THE NEWFRINOM REMEDY, NƏ” N°2 NưS leading
THERAPIONEbenists, CURES
BLOOD P01501, ALENKY, PLAPPER. URINARY DISEASES BERCHARGER, VEANDERS, FILERS BEND STAMP ADDRESS ENVELOPE NA PART BOOKLET TO DR LE OLKEG NED.CO. HAVERSTOCK AD HAMPSTEAD, LONDON, ENG. PANIE DEPOT) 14 KUK GALTIGLIONE "ACURIT HEW YORK MPOT | 10, NKEENAN OR FOR7801 TRY NEW DAGGER (TASTELEN) FORM OF TRUSTEESTAL
SAFE AND LASTINGCURI,
THERAPION
Govt.SAMPAFFLIED TO AZT APORT ON
THAT TADE MARKED WOR
HONGKONG TIDE TABLE.
From 10th to 16th September, 1914.
HIGH WATER
Work
Mouth
Thurs. 10
B'kong.
Menu
Tima
Height
175
LOW WATER
H'kong.
Mean
Time
k, m. ft. n
022a4 7 m 6 37
2.8
11 63 21 553 6 Fri. 11 1 21 4 2m 7 4113 v 548 3 B Batur. 12m 0 31 6 3m 9303 1
No infer high-nor low-water
2 8 13 1 26 6 3m 31 6
Ban
Мор
Tuss
Wed.
16
No infer. high- ner low water 14 m 2 4264 0 122 3
No infer high- nor low water 15 m 486 61 .0 56 | 1 · 9 ·
1 32 No 16
FOR EUROPE, AND AMERICA, INDIA, AUSTRALIA, &c.,
and for
COMPANY MEETINGS.
THE HONGKONG DAILY PRESS, THURSDAY, SEPTEMBER 10mm, 1914.
UNITED ASBESTOS ORIENTAL AGENCY, LIMITED.
The annual meeting of shareholders of the United Asbestos Oriental Agency, Limited, was held at the offices of Messrs. Dodwell & Company, on Tuesday, Mr. 8. H. Dodwell presided, and those present were:-Messrs. T. G. Weall, A: Mardoch, Ritchie and C. W. O). Mayne (Becretary);
A
The Boorotary having read "the nation convening the meeting,
The CHAIRMAN said:-Gontlemen, the report and accounts having been, in your hande for some time I will with your permission take them as read. The profit on trading this year shows an improve ment on last, but it is considered expedient to place a larger sum than heretofore to Roofing Contingency account. The amount available for distribution, including 2973.05 brought forward from last account, is 818,300.07, and I trust you will approve of the appropriation as recommended in the report, which is the same as that made last your The stock is a good deal.heavier than last year, due to somewhat heavy shipments arriving. just prior to the end of our financial year. It has all been carefully checked and certified to by the Superintendents and. taken in a very conservative figures, ample allowance, as usual, being made for depreciation. Beyond this, I think, gentlemen, that the accounts speak for Themselves.
On the motion of the ChairMAN, second; ed by Mr. Murdoch, the report and Recounts were adopted.
MT. WEALL proposed that Mr. F. Mait land be re-elected auditor at an annitál remuneration of $200. Mr. RITCHIE seconded, "and the motion was agreed to. The CHAIRMAN Bbnounced that dividend warrants were ready-
EXTRAORDINARY MEETING. An extraordinary meeting was then held in accordanes with due notico given
AT YOUR SERVICE.
High quality goods, prompt and courteous service, combined with moderate charges, have enabled us to build up an organisation which controls the best equipped store in HONGKONG.
This organisation is at your service whether for articles of apparel for
LADIES', GENTLEMEN'S or
CHILDREN'S WEAR.
WE SOLICIT YOUR INQUIRIES.
WM. POWELL, LTD.,
HIGH-CLASS OUTFITTERS AND FURNISHERS.
[649
Profit and Loss Account:-As you will there seemed to exist in the minds of the potice, the net profit for the year, includ-directors some apprehension that the total ing Tha. 11,747.94 brought forward from number of new shares might not be previous year's account, amounts to Tla. applied for under the rights given to the He would therefore like. 400,090.19, which sum your directora shareholders.
to know the number of rights not propose to appropriate as follows:-
Tis. exercised, in other words the number of now shares which were left on the hands of the directors for allotment, after all
ights had been exercised.
To write off as depreciation on buildings, machinery and plant and furniture.
To pay to shareholders (for original issue of 20,000 shares numbered 1 to 20,000 only ¿----
A dividend of Tla.
6 per share
A bonus of Tia 4
per share
and un' extra bonus of T. 1 per share
To set aside to reservo for equalization of dividende
TIs.
120,000.00
80,000.00
20,000.00
* 150,000.00 and to ·reserve for renewal and repairs
The CHAIRMAN said:-Gentlemen, this meeting has been called for the purpose, if thought Gb, of amending the Articles of Association of the Company, the necossity for which was dealt with in the circular letter addressed to each share bolder, and therefore requires but little explanation from me. To put it briefly, the present Articles are out of date; they do not conform to recent Company law, and is chiefly for this reason that it is proposed to alter them. I would like, however, to refer to the amendment, in the clause relating to the General Man- agers remuneration. In your present Articles the wording of this clause is somewhat ambiguous, and might be so construed as to throw upon the General Managers expenses which it was never contemplated they should bear when the company was originated, and which, in face of the growth of the Company's To carry to new account business, it would be unfair to expect them to meet out of their remuneration. Under the proposed new clause, after taking into consideration the waiving by your General Managers of the bonus of $2,000 payable to theru after a dividend of 15 per cent. has been declared, I am able to say that the alteration will entail no additional expense in the running of the affairs of the Company. You have all had the Articles before you for some time, and beyond stating that they are on the lines of those of other Companies in Hongkong. I think they call for no further comment from me. 1 bag to propose that the draft new Articles, copies of which have been sent to the shareholders and are before this meeting, be approved without modification.
Mr. WRALL seconded, and the motion was adopted.
propose
that
30,000.00
59,608.10
that
Mr. Robertson, replying on behalf of the Chairman, said that all the new shares were applied for, with the excep tion of a paltry twenty shares, of Their friends were deceased Chinese." sought out, and they said they had no money with which to take them up.
Mr. F. B. 'Jacob asked when the new machinery was due in Shanghai.
In replying, Mr. Robertson said the machinery was bought for shipment 220,000.00 on various dates. The first shipment was not due for some months to come, and whether they would have it shipped them or not was a matter which was now under disonssion between the manufacturers and the directors As to when the mill would be ready for work, it was premature for 180,000.00 the directors to
the
19,489.09 present time, say anything at t
Total Tls. 460,000,19 Providing that you sanction the pro- posed appropriations to the various reserves, then the account reserve for rqualization of dividende will be brought, up to Tis. 500,000 and that for renewal and repairs to Tis. 180,000, aggregating in all Tls 680,000,
I trust, gentlemen, that these figures will be received by you with satisfaction, and venture to hope that they will merit your approval (Applause.)
Constant enre has been bestowed on improvements and upkeep of machinery. and plant and after spending Tls. 81,185.00, as per footnote in the report, I can say that the entire installations are now in perfect working order.
The older buildings called for some. repairs during the year
Mr Hatabu, on behalf of the manager and staff at the milles, thanked the meeting for the manner in which it had adopted the resolution regarding the bonus to the staff.
It was announce that dividend warrants would be posted next morning
PROBLEMS OF MODERN JAPAN.
NEW VIRTUES FOR OLD
EVOLUTION OR REVOLUTION The Tokyo correspondent of The Times writing on the problems of modern Japan recently said:
VICTOR
VICTROLA
Summer entertainment for the bungalow and club house
PRICES FROM $35.
EXCLUSIVE DISTRIBUTORS
MOUTRIE'S.
∙151-1.
INDO-CHINA PORTLAND CEMENT COMPANY, LTD.
FAMOUS
DRAGON
BRAND
CEMENT
AND CEMENT
DEME
HON
ALWAYS IN STOCK
HIGH
QUALITY
BUILDING
CEMENT
Apply to 1. SOFFIETTI & Co., 14, Des Voeux Read Central, 1st Floor." Telephone 289.
f1010-1
they undertook themselves. A microcosm of the problem is presented in the student, girl or boy, who at home reads Spencer. and -Ibsen, Tolstoy and Bernard Shaw, Oscar Wilde and Maupassant, and at echool hears his or her teacher extol the superhuman virtues of the Emperor, the sanctity of implicit obedience to parente the doctrins that the whole duty of woman is to be a good wife and mother, and so forth,
DETECTAPHONE IN LANGKAT: OFFICE,
AMERICAN ABERESTED.
Shanghai, says the Mercury of the 2nd: inst., has once again proved its up-to-date ness in a manner not altogether to the liking of the police authorities by the utilising of the instrument known as a detectaphone in the office of George for the well-known McBain, agent Langkat Company, in the shares of which Settlement residents and brokers are greatly interested. Up to some months ago the detectaphone was known to
THE FAMILY CODE. Not only from within do the stress and strain of modern thought dangerous thought," as the phrase gues in Japan to day bear heavily upon the officially-pre- acribed creed of a feudal era; they are as The CHAIRMAN 1 further beg to
Both spinning mills worked day -and
Less than a decade ago Japan was re-strong and insistent from without. The Shanghai chictly through the realns of the Articles already approved by this meeting and for the night throughout the year, but No. 2.
authorities had repeatedly purposes of identification subscribed, by weaving mill was worked satisfactory, vealed to the world as a nation of industrial structure of modern urban iction, though it was also understool that
marvellous prowess in arms, brave as she Japan. rests uneasily upon the rigid scientific
family code which constitutes to chief Jemonstrated its success in Americ... 1 We began in the Chairman hereof be and the same are day shift only.
No 1 Weaving Mill:
was pear, as compact in spirit as she was legacy of the past. How can that code was also known to the Settlement police hereby approved and that such regula the Articles of the Company to the addition to our productive powers with small in area. To-day the echoes of war live in the huge dormitories aheltering that one machine imported recently had tions be and they are hereby adopted as June the experimental running of this
installed, have died
the existing Articles thereof.
was adopted
The CHAIRMAN That is ull. the busi- I thank you for your nces, gentlemen. attendance. A confirmatory meeting will be held at a later date.
THE SHANGHAI COTTON MANU-
FACTURING CO., LTD.
The sixth annual general meeting of the Shanghai Cotton Manufacturing Co., Ltd., was held on the 2nd inst. at the offices of the agents, the Mitsui Bussan Kaisha, Ltd. Mr. 8. Odugaki presided, and the other directors present were Messrs. H. Robertson, D. Hataba and Chun Nea-ching.
The notice convening the meeting hav
been read,
hud failed to fall its mission. The plause. Since she no longer occupies the tion recalls the industrial dark ages of or, if she is remembered, it is by those of poverty, disease, and overcrowding the telephone, consisting of a transmitter who know her not at second-hand through which perplex Europe to-day? How can and receiver, and when the former is the idylls of the writer, but in practical it resist the increasing power of monccessfully installed in any office the and the temptations to luxury, or what
instrument is supposed to carry to the students in search of truth. She is fashion as bankers and traders, or as
were better called a higher standard of
ears of the listener with the receiver the described as a nation with a "thin veneer living" It cannot. M
conversations taking place. The transformation of Japan must be The Shanghai case has arisen as the of civilization"; she knows the Western arts of war, perhaps, but she has
completed,internally no less than ex glimmering only of the Western arts of ternally, if only because the proletariat Icsult of several small changes which were penos; she has a standard of honour on will not fit into the old habitation. The ordered to be made in Mr. McBain's office. the field, but none in the counting house centre of power in the State must pass When these were being carried out the she is conceited and presumptuous, dis- from the few to the many and in the transmitter was discovered and the police playing all the ill-manners of an upstart; family from the parents to the individual were promptly notified. The C.I.D. took she has lost her old virtues (such as they according to his worth; the intellectual the matter in hand and it was ascertained were) and failed to acquire the new ones, shams and superstitions must crumble that the carrying wires led to an office As a result of the This, or something like this, is the
modern way like the idols in the temples; the across the street. brought against
rigid nationalist ideal must yield before indictment Japan by the disappointed foreigner. recognition of the right of each man to life, liberty, and the pursuit of happi But it is not brought by the foreigner alone. Japan has suffered a fall in her own esteem no less than in the esteem of others and is plunged into a mood of Politic self-questioning introspection. ally and socially, as a nation and as individuals, the Japanese are undergoing a process of profound change.
ness.
To guide the nation along this perilous path is the formidable task of the Japanese leaders of to-day, and upon their wisdom it may to some extent de pend whether by revolution or evolution the change shall be effected.·.
investigations a statement was sworn to at the U.S. Consulate yesterday by Mr. John Elmore, manager of Geo. McBain, and a warrant of arrest was issued by the Consular Court against one Mr. Leon Crowell, connected with the International Detective Agency, a firm recently opened in Shanghai. Mr. C. H. Williams, Marshal of the U.S. Consular Court, executed the warrant at accused's office. between four and five o'clock yesterday preliminary hearing of
the balance having since arrived, and we Mr. RITCHIE seconded, and the motion hope to have it erected and working centre of the stage Japan is forgotten, England? How can it meet the problems instrament is on inuch the same lines as
smoothly as this month progresses.
As the 1913-1914 Chinese cotton crop was a fairly good one, we were able to work our mills at a moderate margin of profit.
As to future prospects, that we should be reticent in hazarding our opinion will be appreciated, when those conditions ruling at the moment upon local markets are given consideration, However reports coming from the interior regard ing autumn crops being so universally Eavourable, we hope to be able to enjoy another good year, combined with loyal support from our Chinese customers.
Proposed New Spinning Mill:-Doubt less you will be gratified to learn that both machinery and power plants were ordered at prices current, prior to the cessation of normal business conditions These various details in in England. connection with this new mill are con tinually receiving the closest attention of your board and myself.
Should shareholders desire to ask any questions, I shall be pleased to answer them to the best of my ability
THE OLD ERA AND THE NEW: resolutions The following
Japan is the only Eastern nation where unanimously carried:-
In a word, the task of the now cra is to afternoon and a That the report and accounts, as the generation now coming into control
passed." has grown up under the influence of the make a strong people capable of resisting the case was immediately taken by Br.. presented, be adopted and
The internal enemies. Japan proved a match M. F. Perkins, Vice-Consul, the charge Proposed by the Chairman, seconded by full flood of Western thought.
fathers of the Meiji era introduced the for one of the foremost Powers of the being that of cavesdropping, which is Mr. H. E. Morriss
trappings of the modern State, the forms world because on the battlefield it is unity included as a misdemeanour, and on of a constitutional government; they and uniformity of action and purpose which Crowell will again appear to- founded schools and built factories and that count for most. But when it comes morrow afternoon. At yesterday's hear to the arts of peace, to industrial coming he pleaded not guilty and was laid down railways; they established a modern, Army and Navy. Their gospel petition, diversity and originality must released on his own recognisance of Gold was nationalist and was based upon the he developed wherever they can be found 250. retention of the old virtues of loyalty and and all depends on the individual. Yet It is as yet impossible to say how long filial devotion upon which they thought if one compares to-day the man in the
or whether it has proved of any use to they might rebuild the edifice of national street in Tokyo with his fellow in New the machine had been in the McBain office activities. Every one should be taught York or London thero is a vast gulf the party or parties behind the schem to read and write, because only thus could between them. The former's work is Though not definitely known, it is under factories be run and guns be manned, but cheap, and so is his value. He has not stood that others are implicated and that every one should be taught also that his yet even formulated the demand for a mainly represents the value of 16W That the appointment of Mr. 8.life was the property of the Emperor and Habeas Corpus Act or the right to the authorities are engaged on the work materials and that stocks of cloth and Odagaki as a Director, in placs of Mr. the State, that the noblest act was its organize in his own interests. In politics of securing them
the cause of the heaven only is his voice beginning to be heard yarn are not heavy, and are all sold.
Fujise, retired, be confirmed." sacrifice in M. Proposed by Mr. R. H. Dastour, seconded descended ruler that unquestioning obedi. But the sound of it there is significant of by 7. A. L. Anderson,
ence, duty, and discipline were the root much that is to come, for it is like the trumpet call that marks the opening of principles of conduct.
the new fray upon which Japan is enter
were
No infer high or low water CHAIRMAN said: Gentlemen,
5 377 0 8.18 4 6 |
Before proceeding with the formal business of this meeting, regret to have to announce the death of our late Director, Mr. Shao Chin-tao, which took place on December 15th last year, and I request that you will rise to his memory.
This having been done, the Chairman continued:-The report and accounts for the year ended June 30th, 1814, having been in your hands for some days, I will, with your permission, take them as road.
Balance Sheet: Land, buildings, "That Mr. D. Hatabu be re-elected a machinery and plant in cotton spinning Director." Proposed by Mr. F. B. and weaving mills. As you will have 'Jacob, seconded by Mr. C. H. C. Platt. noticed, during the past twelve months, That Messrs. G. H. and N. Thomson an addition of Tis, 321,273.41 was made be re-elected auditors, and the sum of Tls. thereto. These figures cover cost of build- 750 be paid as their remuneration for ings for weaving shed, staff's residence, current year.-Proposed by Mr. Robert foremen's quarters, gedowns, etc., and son, seconded by Mr. H. J. Clarke. machinery and plant for new weaving
That, at the discretion of the Board, EEKLY mill, also raiscellaneous machinery added bonus be paid to the permanent staff
to No. and No. 2 spinning mills. at both mills for the past year."
Mr. H. E. Morries, Stock of cloth, yarn, cotton and waste. Proposed by As to this item I may state that it seconded by Mr. A. L. Anderson.
PRIVATE RESIDENCE AT THE OUTPORTS, A Comprehensive and Complete Record
of the
NEWS OF THE FAR EAST is given in the
HONGKONG
TRESS,
with which is incorporated
THE CHINA Overland TRADE REPORT,
Subscription, psið in advanco,"
$12 per annum,
Postage
#2 to any part of
the World
Mr. A. L. Anderson said he would liko
TASK OF THE FUTURE.
The value, ina financial sense, of the information which might have been transmitted through the instrument is very evident and, if it was gained, there should be several clues for the authorities to work on. While the
On the credit side of the balance sheet, capital paid-up now stands at Tla 2,020,000. the issue of new shares being fully subscribed and paid for, and the to ask. one question. From the accounts, The task was carefully and bravely per reserve funds at Tiɛ, 500,000, but these he noticed that the additional capital formed, bat to-day it is apparent that ing It indicates the fermentation cost of the machines is not known exactly and other items do not call for special had been fully subscribed. When the the statesmen of the Meiji have left as modern thought in the minds of an East-it is believed the hire price is $1,000 per
shareholders fast met some months ago great a task to those of Taisho as ever een races:
comment.
month.