DAY
&
THE HONGKONG DAILY PRESS,
NIGHT
WEAR
WILLIAM HOLLINS & CO. LIMITED
CONFIDENCE.
A
S Spinners with over a hundred years' experience, and as Manu- facturers of the world-famous
"Viyella" Blouse and Shirting Cloth,
iReat
WM. HOLLINS & CO., LTD..
on
call attention to their TRADE MARK as above. Whether the Tab on on the Selvedge of piece goods, or made -up garments, this MARK is a GUARANTEE that the fabric bearing it is their genuine, production, and that the utmost CONFIDENCE may be placed on its perfection of make and on its good-wearing quali tics. "AZA"(R) and "CLYDELLA" famous than "Viyella" are made by the same firm.
only less
WM. HOLLINS & CO., LTD.
LOOK FOR
THIS' MARK IT APPEARS
UN ALL CENDINE
BSA
BICYCLES
"Perfect in Exury Part."
Manufactured by
The Birmłoskam Small Acne Co., Ltd.
WA
Birmingham, Lazland.
Makers of the enbeyned
B.S.A. Motor Bicycles
FOR SOLD AND SIDECAR.
Agents for Hongkong:- - WALTER FORD & CO., 8, Queen's Road Central.
[2235-5
THE NEW FRENCH REMEDY THERAPION No. 1 THERAPION NO. 2 THERAPION No. s No.1 For Blider Catarrh. - 4.9 for Bloedi Skin Disease, No. 2 for Chronie Weskarmen. BOLD BY LEADING CUST, PR Exoting, 'DE L. CLERO Hed. Ca., Haverstock Rd., N., &, London, 23 am BIN That MAINS WORLD THERAPDOR BETT. GOPT. E A GEE PACKET.
[2874
Viyella
House,
Newgate Street,
LONDON, ENGLAND.
WHOLESALE ONLY.
THE MENACE OF INDIGESTION
to the General Health should treated neither be ignored" nor lightly. It is always wise to, regard Indifoation as a serioca menace~~ for this it is, most undoubtedly. Do not therefore dismiss a stomach xil- ment with the words the It is only indigestion!!! Think of what it might load to For it happens that netleat of this ailment in som# ESLES bu serious results. A simple rem- edy-yet one which has been proved times out of mamber for many years pear to be sta sod auro-is Beecham's Fille. This popular medicine should always be taken cf as soon' u By symptoms digestive derangement make their apperamus.. The sign art well Sarwm, They include:- bilious- DESS constipation, Extulence, bacterbo, failing appetito and other familiar forme of indisposition. Be prompt to do! with woh troables. Do not allow them to gain a bold upon you. Remember that these symptoms do really matter. Adopt the best defensiva messures againat the menace of indigestion to Good Health by taking
BEECHAM'S PILLS.
[3463
1
12:363
Terrible Eczema On Girl's Arms
Started in elbow joints. Broke out in rash. Itched so could. scarcely sleep. Used three boxes Cuticura Ointment and two bars Cuticura Soap and was healed
From algned statement of Mex. E. Wheeldon, 10, Sherwood St., Carr Vale, Bolsover, Derbyshire, Eng, August 9, 1916."
Cutienra Soap and Ointment are not only most valuable for the treatment of skin and scalp troubles, bet, their great mission is to prevent such conditions Cuticura Soap ased exclusively for the toilet and Cuticura Ointment as needed guard the skin and scalp in most cases against any troubles of this kind.
Samples Free by Post. (Soap to cleanse, Ointment to heal.) Address: F.Newbery & Sons, 27, Charterhouse Sq London. Sold everywhers.
MARTIN'S SAPIOL STEEL SemPILLS
28-14
1- Fromek Komety forali IOSCUTRITION.
MARTIN'S
APIOLOSTEEL
SPILLS
TUESDAY, NOVEMBER 19, 1918
PEKIN SYNDICATE, LTD, ADJOURNED GENERAL MEETING.
ing
tion of Central Administration Board many times with the Chiness affinials, and he had reason to believe that a chang would be made in the present, wasteful and unsatisfactory mode of working.
an Dast.
had been made to the railway, and the sum of about 200,000 has been, advanced to the Chinese Government in respect of the Pukow-Sinyang Agreement of Nov. ~14th, 1918. The company had increased its borrowing powers to the extent of £150,000.
There was no item in the books of 50,000 odd, cost of properties in China These consisted of four plots of land bought some years ago for the express purpose of establishing depots from which large quantities of coal could be shipped out of China. That scheme was, and always had been, out of the question. They had this year sold one of the least
cost price to a concern in which they had important at, roughly, 30 per cent. above an indirect interest, and which would
The adjourned general meeting of the
The position at the mines was good. shareholders of the Pekin Syndicate,
They had a property of over 97 square. Ltd., was held on September 16th, at miles, and were producing between 2,500 the Cannon Street Hotel, E.C., Mr. and 3,000 tons of coal per day, which amount could and would be consider Thomas A. Barson (chairman) presid-ably increased when the transport dif- foulty was settled. The amount of coal The Chairman said:-Before moving still available was more than suficient to satisfy even the greatest pessimist, the adoption of the report and accounts and they need have no anxiety on that for the year ending June, 1917, I propose secours. He ventured in 1916 to say he running through the various items. The thought the day of making losses was He was quite satisfied that that balance sheet before you shows improvement in the position of our remark was fully, justifed. From now company. The first item calling for onwards, barring unforeseen accidents, start a fresh industry there. This left comment on the debit side is that of the colliery would show substantial prothem with Hankos, Tientsin, and Pukow aundry creditors and credit balances, fite. Installed in the mines were good plots, the two former being of the amounts due to the Chinese Government kept fully occupied in these days EXTENSION OF THE, TAD-DRING, RAILAWAY. £18,982, which consists principally of the machine and casting shops, which were greater value.
They would be pleased to hear that the and local landowners for royalty on cost difficulty in purchasing spare parts. He
right to extend the Tao-Ching Railway The balance to proft and loss account is took this opportunity of expressing his £67,923, against £34.840 for the previous great appreciation of the untiring energy year. Against an item of £30,000 that of their Agent-Ceneral, Mr. J. P. Ken westwards had been secured, and they had to be written off the value of our tick. It was be whom they had largely to hoped socr to be able to start actual investments in 1916, we have this time thank for the general improvement that work. The completion of these exten- had taken place in the syndicates positions would mean the opening up of an appreciation of nearly £15,000, which tion in China. To the rest of the staff further markets for our coal, and a pre- increase is accounted for in the higher
he offered his thanks for the ready at ance they rendered him during his visit
values ruling for our Chinese securities, Liability on capital uncalled on shares amount to £932 940, against £267,988 in 1918.
FU CHUNG CORPORATION.
|
Sow joint account with the Chineso.
parties had put up an equal amount of cash, had equal representation on the Board, and shared equally in profta.
fitable increase in the railway receipts. He had journeyed over the proposed trat section, which offers no engineering dif- ficulties.. Materials were difficult to obtain at present, but they wanted to be- The difference of £15,000-odd is They would be interested to beat some explained by a reduction of £43,020 in details of the Fu Chung Corporation. ready to go right ahead as soon as times were normal, and they were therefore the Fu Chung Corporation, which makes This company, as dos of them were
now discussing terms of finance, ete... our interest in that concern fully paid. a.
aware, was a combination of their late further call, of £1,007 on our holding competitors, the Chang Yuan Company, with the Chinese Government's appoint on the Grand Travaux de Pekin, and themselves. The Board of the Cored representative. He was pleased to be liability of C23,000 in the Syadient poration, composed of representatives of able to announce that they had an agree Bateau Japonais, which however is only both companies, fix the prices of the ment on a profit-sharing basis. with the temporary, and an increase of £39 in various grades of coal which is paid to Marconi Company for wireless in China,. our liability on Banque. Industrielle de both companies, who, however, work in and the first business had just been con- Chine shares owing to the difference independently, and they then dispose of the cluded. China was practically a virgin the rate of exchange.
Turning to the credit side of the entire output for the benefit of the two country as far as this means of communi concerns. There are joint general cation was concerned, and wireless must balance sheet, cash at bankers, and in managers, one Chinese, Mr. Wang Chen play an important part in her progress. hand amounts to £209,340 against Fang, and one British, Mr. E. T. Fitch is doing with other great nations. £160,683 in 1918, an increase of 49,659 ford, who work together with an cathu The prospects of further business were Shortly before he sailed The amount of investments is practically am that is very gratifying and worthy favourable. the same at £694,191 Shares in other of praise. Notwithstanding the fact that from Stanghai he signed on their behalf companies at cost show an increase of
the prices paid by the corporation to
an agreement with a very influentia roughly £25,000 at £161,144, the differ
the Syndicate and Chung Yuan Co., hayo Chinese, who had with him in this busi
ness other leading Chinese. For the time ence being made up of the Baal call on been advanced very considerably, the
being at any rate, he might not mention our Fu Chung Corporation bolding, the Corporation's profits, after allowing on call on Grand Travaux de Pekin, and very generous basis for reserve accounts names. They had formed a company for: our paid-up interest in the Syndicat and depreciation, will show a consider the purpose of opening up further pro- Bateau Japonais. Sundry debtors and able incrense for the year ending 1919 debtor balanoes are practically unchang
over 1917. They have now about 130 ed at £49,850, mining and other stores at depots, agencies, and stations establish- cost are nearly £14.000 up at £38,978, and
It was his earnest wish that the experi are represented by mining and other ed and he could assure them that the limit of their sales was by no means
ence he had gained in China should be stores at the mines. You will have reached. They had established a depot at ticed with satisfaction. I am sure that Lintsing, which was about half way to used to the utmost advantage in the in
It is on this terests of this company. the amount apportioned to expenditure Techow, and they were selling all the
account and at the request of bis on the colliery, including development, coal they could deliver to this town. machinery, general costs and expenses, This trade will be fed from the large colleagues both here and in China that
க்
he hoped to be able to keep his promisa less proceds of sales of coal, shows.
to return to the East in the no distant balance en the right side of £37,38, depot they had at San Li Wan After against a balance of just under £3,000 keen struggle they had succceded in for 1916, which was the first credit more than entering the market for boiler future. There was a lot of work still to
coal at Hankow, on the Yangtze River be done, but the possibilities and pross
perts were great. They were naturally balance ever shown. I realise the danger they had signed contracts with the of prophecy, but I consider it my duty largest shipping firms there, who have anxious for dividends, and, as an eld to inform you that there is every postted steamers with forced draught to shareholder, he shared their feelings. sibility of a further very substantial improvement in this item in the future. enable them to burn their coal, and the They would be meeting again in December
This opens up a marketidered. There is still some capital expenditure to reports on the results obtained were very when the position would be fully con The report and accounts were adopted, be made on the colliery for electrical satisfactory.
of considerable. importance, but here. plant, which will probably come into the
de Férol were re-elected directors of the accounts for the year ending June, 1910, again. they were hampered at present by and Mr. René de Cérenville and Comte lack of transport facilities on the Kin but after that the colliery can be reckon Han Railway. When they overcame this
proposed that as additional remune ed as fully equipped, so the familiar dificulty their sales of this grade alone Syndicate. Mr. B de Cérenville them remark at the bottom of the balance sheet could be greatly increased. Taking ad ration for the services of the Chairman referring to this will disappear. When
The resolu-7. certain details and figures have been vantage of the large number of depots during his recent visit to China be be
with other interested and agencies already established, they agreed upon..
annum free of Income-Tax. parties, there is no reason why we should had started an Interior Trading Scheme paid a sum at the rate of 22,000 per It was their intention to use these places tion was seconded by Mr. Bolton at:
carried inanimously. not present you with a colliery profit and
and the present staffs for the purpose of Their position was loss account.
general trading. VISIT TO CHINA.
unique for the success of this scheme. The Chairman then went on to describe Being a joint Chinese and British con cern, the objection to foreign trading in his visit to China de left England en December 9th 1916, and was absent about the interior was removed. Already they were representing a few important firms, twenty months, during which sime be endeavoured to make a close study of but owing to lack of shipping facilities or account of the war our principal work the position of the company and Chinese
at present is to get everything ready to affairs generally. A considerable amount
To meet the demands of the increasing of his time was spent at the mines, enable us to ge ahead as soon sa condi- which were at present the principal part tions become normal. The fact that they trade at Sydney with Japan, and to pro- of their business. Their principal busi- were able in the first year to make a small vide more up-to-date arrangements for the heasy tonnage arriving from the ness was done along the Tao-Ching, prout over and above all expenses wa
very encouraging. This scheme can be East, Messrs. Boras, Philp & Co., Pekin-Hankow Tientsin Pukov, and Fienlo Lunghai Railways, which are all carried through with practically no managing agents for the, NY.K., have linked together. The cost of transport, financial risk, whilst the possibilities are completed arrangements with the Sydney He had hopes that the profits Harbour Trust Commissioners for the although high, is not prohibitive to such great. important cities as Peking, Tientsin, from this section of the Fu Chung Corlessing of a portion of the new wharves Hankow, Pukow, and Shanghal. What poration' business would prove still at Dawes Point. The berths secured by was preventing them from increasing further the wisdom of the formation of the Japanese line are known as Nos, & their, Sales at these places was the this concern. Among their assets was a and 7, Dawes Point. shortage of railway wagons. There was important interest in the Banque Indus a shortage of rolling-stock on all Chinese trielle de Chine. The Banque, under theed, being next to the Central Wharf, and railways. A few weeks before be left able management of Mone. A G. Per within handy distance by tram to the Peking he signed an agreement to finance notte, was now firmly established, with city. A feature is the extensive shed some locomotives and wagons for the every prospect of becoming one of the accommodation. The jetty has a length of fully 7,000ft. and is equal to the Tao-Ching Railway, which would some leading Banks in the East,
Their what relieve the situation as far as they. Their interest in the Chinese Central berthing of the largest liner coming to
the port.
Mr. K. Nagamitau, a Secretary "in the Schemes had been put Railways remained the same. are concerned. forward by themselves and others to profit and loss account for the year end- remedy the shortage on other lines, but ing December 31st, 1816, showed a credit Department of Agriculture and Co- unfortunately the Chinese Authorities balance of £4,833. Adding to this the merce, and Commercial Commissioner to had so far not seen fit to accept the terms sum carried forward from the previous Australia and the Phillippine Islands, offered in spite of their having definite year. ... 222.631, brings the totalis touring the Commonwealth
His visit to 8ydney is part of a scheme proof in the shape of guarantees, of the balance at credit to profit and los
account of 22,264, which amount was by the Japanese Government to extend large increase in revenue they could obtain. They were doing their utmost to carried forward. The directors report trade relations with Australim. In fulfil help them, and be had hopes that this that the Tientsin-Pakow Railway in
proposes to visit all the important trad- very important question was on a fair terest at the rate of 7 per cent, has been ment of this mission Mr. Nagamitan way to settlement. What was also badly, paid up to date on the £300,000 advance, ing centres. He will not, however, con- some of the agricultural needed in Chins was a Central Adminis: The commission and accrued interest duetinue his investigations, se to trade, but At present, to the company on the purchase of mate will visit tration Railway Board: although the lines are owned by the rials for the railway has been paid. A strongholds and departments to inquire Government, each railway works inde further advance of roughly £8,500 bear into the question of reciprocal relation pendently. He had discussed the ques ing interest at the rate of 7 per cent ship in agriculture."
JAPAN'S TRADE WITH AUSTRALIA-
NEW SYDNEY WHARVES FOR N.Y.K. FLEET.
The new wharves are centrally situat
Je haut
AMERICA'S
LEADING
MOTORCYCLE
Indian
Count the Indians on the
We have just received a shipment of 1918 BIG TWINS with Electric equipment. Price has been
reduced
to $580--the lowest it has ever been. Later shipments will be higher in price. Next year's Indian will be exactly the same as the 1918. i model..
ALEX. ROSS&Co.,
4. Des Voeux-Road Central,
Telephone
[2414