Page
INTIMATIONS
S.Moutrie & Co., Ltd.
PIANOS
ON
HIRE
FROM
$10 Per MONTH.
THE HONGKONG DAILY PRESS, MONDAY, MAY 8rn. 1916,
COMPANY MEETINGS,
GULA-KALUMPONG RUBBER ESTATES, LTD.
·PROPOSAL FLOM CHINA STIOMATISED AS CENIATRIOTIC
COMPANY REPORT
CHINA-BORNEO CO, LTD.
The report of the General Manager (Mr. WG, Darby) and Consulting Committee for presentation to the shareholders at the
RAISING THE WIND.
FATHERLANDS FATEFUL HOUR
IN GERMAN LOAN.
· FRANTIĆ“ AND EXTRAORDINARY APPEAL.
The sixth annust general meeting of the burden, the question has became very thirteenth ordinary yearly mooting on the dressed to their public imploring thein to
Gula-Kulumpong Rubber Estates, Ltd., was held on April 4th at the Cannon Striel Hotel. London, EC. AM
220d inst,, states:——
__The_Falarge_at_the_credit_
shareholders in Brith companies resident abroad were not asked to bear any sharo of British internal taxation, In the case of Exchequer bonds the Government have found it expedient to partially revert to the practice which prevailed before 1910, and to grant a rebate of income-tax to foreign shareholders resident abroad Now blut income tax has become so heavy a
important whether it will not be expedient to reverse, the decision of 1910, which many people believe to have been a serious error of judgement, any ale a day ng
Profit and Log Account (6... $92,604.61 A foreign shareholders are concerned. Un-
les our Government revert to the former From this has to be deducted policy of granting a rebate of internal taxation to residents abroad our &tlier securities, as well as on Exchequer bonds, it is difficult to see how this country will be able to attract capitaf from abroad, being that inch capital is free from taxa ton if invested in America and other countries. Indeed, as the Shanghai move. ment showe, efforts to transfer companies already established here will doubtloss be made. If the movement for transfer to Shanghai is pressed we may have to put the whole question before the sharekoders at a later date,
Mr. Fieck. Anderson (chairman of the company), who presided, said: The state ront of accounts submitted shows a profit for the year of about £70,500 against £84.500 for the previous year, mainly owing to the torger crop and reduced cost of production. Our gross sale prios way 24. 4d, against 23, 33-184,, hud normal cost of production was 10 15-16d, all in, against 19 0 3-16d; both sale price and cost of production have been stated on the basis of London landed term,
The report and balance sheet were adopt- ed, and a dividend at the rate of 1s, d Our average area in bearing throughout the year was 3,350 heres, or about the per share, les income tax was declared. Mr. E L. Hamilton referring to the quarters of the total aren wider, rubber, cable from Shanghai, said: As I read the and production per acre Way 314 .enble, the object in transferring the cou
TUNING AND REGULAR ATTENTION inst 293 lb. for the previous, yeni pany is solely for the purpose of oscoping
INCLUSIVE.
At times of crisis it must be Bovril
BRITISH TO THE BACKBONE
[29-1
BEER!
Jamers
NAPIER
JOHNSTONE'S
電飯
'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. WISE MEROHANTS
· [39
HAVE YOU A BAD LEG
Hande,
GRASSHOPPER
OINTMENT AND PILLS.
Agents; A. B. Wasson & Co., Izn, Hongkong,
IGER DEER
SALLORO-
LAGER BEER
payment of the excess-profits duty and income tax. I ask you, gentlemen, if that is the right thing to do at this time?
Fees to Consulting Committee
Leaving available for appro
priation
The Consulting Committee recommend that a dividend. of 72 cents per share on the Subscribed. Capital be poid to Shareholders Write off
A translation of the exaordinary appeali which the German Government have ad-
kubscribe to the new War Loan appears A the Daily Telegraph -
There are long, high-flown passages de- seribing the valour of the Germans, the 4,000.00 uunsailable position of Germany, and the
predicaments of the Allies, After declar ing that we have not becoute impoverished through the war." the appeal continues:-
938,604.61
2833,120.00 Launches aud
Lighters White off Boogkong Saw Mills Write of Sandakan Saw Mills Write off Plant A/c:
Write off Sandakan Engine
Works
Write off Timber Concessions Furmuren/c
Carry forward
Now is the time to subsoribe to the Fourth War Loat!
What is its purpose? It is meant to provide those dear to us, who are out in the field with all they may require, to steel their heart. their mind their forces To provide the leaders of our armies with the 10,000.00 necessary war material, that nothing. -6,000.00 | should be found wanting which may ensuro-
7,500 00 victory, 4,000.00
But greater in its purpos-for greater 1. Do you wish a poor response to revive the 6.000.00 one hopes, to stiffen their backs, "and 1,000.00 at the same time to retard the victory of 500.00 our men in grey-to increase and prolong 21 394.61 their efforis, dangers, and sacrifices ? No!
No! Its object is to defca the memy! *** To cnuse his last pillars of hope to fall!. To ghow him that the longer the way Jast
€888,504.61
is not unlikely that 350 to 400 lb. per here will be obtained when the estgla is Compiled showing the average market spuf prices during every month of the last five that the board disapproved the acciation. Mr. J. W. C. Bransı retires from years, which would have been realized lud tion. Personally, I feet vory wrongly that We made no forward sales, and another we ought to bear our share of the burden the Consulting Committee but offers him- based on German industry, Germain organi
fully matured. I havo hud nestaceatent Voices No. The chairman has told : In accordance with the Articles of Asso. the more miliast we shall produce. To
statement showing our actual results, These two statement how that during this period our results in the aggregate have been £17,800 more than if we had taken pot price month by month since the company started. In this calculation the trasket average for 1815 comes out at 2
d., but I do not think that this average has been obtained by any companies whose financial year corresponds with the Clendar This comparbon is however, not quite fair, since in 1011 oup crop was only 240,000 lb. And in 1012 175.000 lb.,
TRADE OF HONGKONG.
and contribute willingly towards the cost self for re-election.. of the war, which is being fought just as much for the Colonies, including th Federated Malay States, a for this coun- try Where would this company and all other companies operating in the Malay States be the war should result in a. victory for Germany? Even if the pro- posal should be carried by the necessary
ajority of the shareholders, I should be very much surprised if the authorities would give their sanction to the transfer, and, if they should do so, I think the English shareholders, who, after all, hold a large proportion, would not care to retain their interest in a company domiciled in Shanghai. (Applause)
Mr. Chapman Anderson said that the chaittaan had explained that half of the rubber crop for 1016 had been old forward at 23: 318,, but he wished to know in what way they had dealt with the remaining half,
The Chairman, in reply, said that no
LACK OF ANIMATION.
prove to the enemy and all the world with colossal figures that German money-power
sation, and joyous self-merifice will always be forthcoming, and can never fail. It is now for us, who have remained at house, to wage a gigantic money battle, and to gain a gigantic victory, whose crushing Blow shall break down the enemy's last. staud, shall tear to shreds his web of lies, ni shal fores him to at last understand _and_adnút_the_hard truth-in uncongner-
able Germany
The following statistics have been taken from the fortnightly price current and SILVER BULLETS market report of the Hongkong General Chamber of Commerce : -----
OPLUM,
Stocks on May 4th were 305 chosts Patna 205 Benares, 3765 Malwa and 58 Persian and Turkish The exports during the inter al consisted of 17 chests of Persian and Turkish opium. In uncertified - Bengni opium the balance of stocks on May 4th were 125 Patns and 19 Persian and Tur kish. Seven chests of Patna opium were boiled by Government monopoly, and 22 of Benares. There were no exportations.
EXPORTS.
Think of all the money which is still being frittered away! Is it ur wish to live well, is it possible for us to enjoy whilst thousands and thousands out there are wanting, fighting, dying for us?
Out with the silver bullets, out with all. the money which is being devoted not to life, but to living The Fatherinud. clains it in this its must, fateful hour!
-
Add we are not even asked to sacrifice itmerely to withdrawy it for the time being and to loan it to the country for our own. good and at the same time for personal: and considorable profit. All mast
pay even the smallest, all can pay ! One hund- red mark bonds are the smallest denorius- on But even for those who may not be able to rais such a sun, in many places special facilities have been provided.
Schools, co-operative association, sav ing banks, thrift clubs, card clubs, ma
“There hre
uncertain shillingen botter than the pay to any of the various war fuels, and Star Aniseed Oil is weak, but there is a thors' meetings, are all-appealed: 10/
Government,
so Hund in some of the years when our average exceeded that of the market, we had comparatively small crops. But had our crops throughout been on the sente of that for 1915 and our forward sales in the C proportion, the total advantage gained by forward selling would have been £78,000. That happens to be merily a statemaror of "esults, but the principle upon which we have acted hag beci to sell a certain proportion of the coming erop when we have been able to 400
a fair thing had been done in regard to the other aargin of profit which enabled us to secure half of the crop, and the only part that the payment of a steady dividend (Hend been sold forward was that mentioned. heat.) A profit of 15. fights are of in the report St Croix said that he 11d, including high freight and war
No transactions in Feathers have been charges, seemed to us satisfactory, amount- Mr. Gautier de Ste. Croix said that he reported during the last fortnight. There ang as does to 145 per cent. on the cost so mention in the report as to any is nothing in Ginger or Galangal. Cassia of production, on the principle that the contribution having been made by the com- Oil is firmer with small business moving
imhle ninepetiço is
he thought that in a company like their mall business doing in Star Aniseed No We have decided to extend in encontrouch contribution should be made thing is doing in Ground Muts, Yunnan many in curet places who are ch Laeth year by clearing and planting The Chairman.replying, and that as a Tin, Saigon Casia or Bristles.
habit of collecting a few hundred markų. further 980 acres.
batter of fact that "They had made wrę
for some common object, such as exeur- IMPORTS. contribution war charities and the ar
ons, holiday trips, etc. from small b As you know, a considerable number of amour was included under war charges, The position of Cotton Yarn remains unscriptions, card winnings,
or similar our shareholders are resident in China and aud that was one reason why that iten changed, as there is no improvement in the sources, who can invest then in War Loan
good any of them are not British had been so set out in the balance sheet, political situation Prices, owing to the It will always be posible to find subjects. We have received a telegram to the men who had joined His Majesty ness has been only on a retail sca e Quota participant shall at the proper rotet so It um included the item of wary paid rise în exchange, are 88/7 lower but, bus deceptable method of ensuring that ench from Shanghai dated yesterday, as follows: Two hundred and thirty-right: Incal
Forces
tions are:-Nos. 10, at $81 to 806; No gain his share of interest and capital. Gula shareholders, representing 217.159 Mr. George Jamieson and that in a 124 t $85 to 803, No. 109. at 188 $113,People should not argue that the are shares, pelition board transfer company enterprise to theirs it would be an exhales, et 2,000 bales; shipments 1,000. Many littles have always and every
No 20 st $95 to $133. Arrivals 2,000 trifling matters, Shanghai, requesting necessary steps he ceedingly unpatriotic thing to remove the company on similar footing other local un-excess profite aty, whleb, he understood, bales. There is nothing to report regarding Kotising to place company for the purpose of evading the sold look 40.000 bates. Bargains 9,000 taxed comparies Petitioners in no way was only a temporary mensure. [of the Woollins, There are 10 new features in Atagonistic prevent management, Elbert, period of the war. He thought it would the Metal market busines being quite
Co. remain London agents be a stake to appon or to sympathise stagnant A small business is reported in Ilbert & Co., Shanghai, secretaries, with with such a movement..
Tinplates dealer, accepting $14.50 a box the local boas Request cable real at The Chairman said that he had no doubt Yellow Metal is nominal There is to insating Petition follows by mail Reply that the expression of opinion by the change in Petroleum Products The Conl wanted. This telegram was received yes meeting would very considerably influente, market is dull on account of the trouble terday-the same day at which it was de- those shareholders who had sent the cable in Canton, and quotations given are only spatched and the following an was gra. He would add that it was pronomin There are no stocks of Sundries tent by the directors yesterday as you will able that a very considerable number of the The Sugar market is dull owing to politica
English shareholders in Shanghai would disturbances in China,⠀⠀
PETITION FROM SHAREHOLDERS IN CHINA
will result in ore supendous auch where resulted in much. And now they "one and all we do their full duty Lot everyone be alive to their responsibility being able to say they have done us. Let one should pay merely for the sake of all voluntarily and joyfully hapore upon themselves sobie sacrifoc
"The hardship, which wo bave to bear our heroes in the field are waking for our ate mere triffen compared to the sacrifices sakes each day and every hour: but they are nothing absolutely pething
see a decision had to be taken haring approve of the cable; hut, of course, that The Four marke, is still stagnant with have been spared only through the intel-,
* | parsson with the miry from which we gece and energy of our leaders and tho courago and blood of our brothers (
1 Board disapprove of any action object evade company's share laxation at was a matter of which they could not yes no demand from the up country markets. I the present time will read telegramåt meeting, (Hear, hear.) Our rensen for Mr.
be coming to this decision wax, that in case it would have hoon hupossible to have thought the cablegram had provel of some acted upon the suggestion made in the value, and was in the interests of the com- telegram without giving fall notice to the Pany, inasmuch as it showed that there was English whareholder even if we hand ap-ong feeling in the host of disapproval proved of the procedure suggested. Fur-gainst excessive taxation then, it is not e'ean froin the telegram
The proceedings then forminated. whether the shareholders in China merely want to have the head office transfered to SENAWANG RUBBER ESTATES, Shanghai, or desire to have the compar transferred from the Lomkm to the Shang- hat register. In the former esse. It not at all certain that they would attain their object, while in the latter case they would be obliged to wind up the company and pay off dissentient shareholders
Ameries, wheat has declined, and with the de Ste. Croix wait that burplus available o further decline is look
tid for. En Australia the surplus wheat is in the neighbourhood of 150 million bush la but it is not expected that much will
ta way to this market Chotations: Amor Patent, 4; American Cut-off $2.10 American Straight, $3.35; Shanghai Flour
One after another the Shanghu rubber companies ass nequiring the habit of donating a port of their profits of the current year to be paid into fund, and on May 1st the Senawang Rubber Estate Co. Ltd. so appropriated Tis, 4,000. A fral dividend of 90 per cent,, (making 30 per cent for the year 1915) was decured. The compary new have planted. 1,350 seres, and it is proposed to plant 230 acres annus ly for the next two years, so that in 1917 practically the whole of the estate will be planted world-engst other places at Shanghai was Tls 101,0730. security of British interests alloy p the The net profit for the year under review pus sud the E.M.S. where our property i
NO EVASION OF TAXATION DESIRED. As regards the main question, the feeling of the board is that this is now an English OBTAINABLE EVERYWHERY actual capital invested in it has been raised Company & ɑbstantial portion of the in this country and have a large umber of shareholders here. At a time of great emergency like the present, when the ources of the whole Empire are strained our security at bowe and the
BOLE AGENTE MITSU BUSSAN KAIHA HONGKONG ICE HOUSE STREET. TEL 230-135,
108
resources
and at time when this great nations! Apart from some forward sales 21 rubber effort has necessitated extremely heavy throughout the year was sold locally in taxation in the form of income tax and Singapore the average gros sale pric excess-profita tax, the board do not approve was 9/3.09; the selling charges auounted tion and thereby increasing the burdens of 2/5-58. of the company wading any of that taxa to 0.51d, thus the zet price realized was
23 to $3,05,
HONGKONG POLICE RESERVE.
EQUIPMENT B ́ARD.
Commencing on Monday, May 15th
Equipment and...... emergency, Call Board will sit cach night at Central Station Every member of the Force will be required to attend before this be warned in rotation, Board Section and other units will
ARMARIS
Metropolitan Polios pattern Arults will
be issued on and after May 15th All Bed: Aralets with their numbers at tached are to be returned forthwith to Section and other unit Commanders, who will hand them to this office on or before Thursday, May 11th, by 5 pm Members of the Staff will earn theirs
direct to this office
MOUNTED PATROLS."
strength mentioned
Sergeant and four Trooper spector and 8 men, including Sergt.
afany
YOU CAN DO IT YOURSELF.
If you know any one who suffers, if you are about 400 shareholders on the Shanghai debenture holders that the outstanding
our fellow-countrymen. (Applause.) Ther The Directors have gives notice to the The following Patrols will be of the suffer yourself in the relentless grip of register, so the nearly half of thew, are denture, amounting to s 19,000 will be A Borgenata Patrol Not Jos than one rheumatism, if your joints are stiff or swellen, your muscles wreakened, or your represent a considerable injority of the fare instead of a cash reserts there will be An Inspector's Rarol-Not less than 1 In- responsible for... this telegram, but they redeemed during June of this year. There- limbs-drawn out of shape, if you suffer shares on that register. No doubt many during 1916 a property of 1500 vezes with from headache, deuralgia, sciatica Or shareholders in Shanghai hok upon the other bodily tortures, it is within your question from a diferent point of view a total capital of T 331,230.00 free from power to cure yourslf or your friends especially those of rentral nationality any kind of cumbrance
No need to employ expensive remedies or hire exorbitant physicians:
muy feel that they are not called upon to contribute towards the great sacribes rado ______LITTLE'S ORIENTAL BALM by this country. They are, perhaps, in makes ang man or woman his or her own clined to ignore the fact that their bitirea physician. It gives instant relief to all in this and other rubber companies, as | rheumatio, trouble, neuralgis, headaches, well as a gruat many of their interest în
scistics and other bodily pains and aches A bottle should always be kept at hand-
Sold at Is. id. per bottle.
Agents for Hongkong :---- Menara A. B. Watson & Co.. Izn.
[673-10
TOO LONG TO WAIT.
There 3atory current of a man who the Far Ft would have suffered no had delivery of goods from a manufacturer, anal degree but for those sacrifice At Later he sent another order. The manu- the same time, I feel that there andher facturer replied that ho would deliver when side to the question. Up to the time when the first order was paid for. Customer
this company was transfered from Shing. I wired back Cannos possibly wait so hai to London that is befo 19 long. Conesl order.”
-
MOTOR", "PATKOLS/
DATTLE OF OLANTS.
permit of angiving of the going gamer.. The magnitude of the goal does, not sport for chantable purposes; i domnade. on the contrary, a conscious active renun- cincied the fullest straining of our utrudat poser to
Through hinger and wast the German people kave become greit. Daca moze they will be ready to deny themselves what fa needed for the country's victory and great
In these days every German has been. ordained witness to, and at the same time potent factor in, a great era. What wo are enduring and fighting for today will be a blessing for hunded; of future gene cations what we leave undone their duom. Huldred-fold is the responsibilly which rest on each of 16.
Throughout the German Empire, frot the Alps to the sed, in town and country, the whole German nation is now prepar.
throughout, al classes and all ages for this giant battle, is silently gathering all
force, ready to strike the colowal blow That it may fall with Touton precision and Touton forco, dealing destruction and anni- hilation like a thunderbolt such is the call to all
becdine
"This, the Fourth War Loan, may our Loan of Victory
"He who pays all he can afford helps towards victory and peace. Whoever does not give all he can prolonge the war,
UNEASINESS IN GERMANY:
Germany resolved last November to seri-
According to reports from sentral sources s
fice half a million men in an altempt to A Superintendent's Patrol Not Feed crush France henge the assault on Verdun, 12 wen incnding Inspectors and Ber-the failure of which is now compromising geants, if any
the hops of a spring offensive against Russia Germanwspapers evince nex- ousness in regard to the issues of the war. Berlin Liberal organ, remarks that in the The Fouche Zeitung, the old-established Verdun combit the evidence of moral superi ority is all-important. Sometimes, it says there is an inclination to despair but op- timism must be maintained. To evince pessimiśni, It adds, will only weaken our troops:
Motor Patrole wil, e from May 8th, have their headquarters on the Hongkong Side at ho Mounted Patrol office Jockey Club Stables. They will report on and cff duty there signing the crdi. nary Patrol Book, Su
FO.ITy
D.S.P. (R)