K
SPORT.
GOLF.
ROYAL HONGKONG GOLF CLUB,
Mr. H. J. Gedge has kindly offered to present a silver cup for a Hong Four. bail competition to be competed for ander the following conditions:
To be played an a knock-out tourna went by four ball matches over the inain course at Fanling. Scoring to be on the Amerionn plan. 4., one point for the
THE HONAKONG" DAILY PRESS, SATURDAY, FEBRUARY 18TH, 1919
CORRESPONDENCE
** SERVICES ENTERTAINMENT
FUND."
[TO THE EDITOR OF THE HONGKONG
DAILY FRESS."
SIR, Will you kindly pormit me to use your columns to voice what, I feel both past and presents sore, are the sentiments of the Garrison,
The Services Entertainment Funq,". has for the past two and a half years best ball, and one for the lower aggregate very considerably relieved the lot of the score of the two players of each side, at Troops stationed in Hongkong. It bas each hole. Competitors (all of whom provided funds for bathing picnica, must be numbers of or subscribers to the whist-driven, concerts, sports, tourria- olub) to enter in couples: both must be
ments and many other means of enter long to the same Hong (or Governmenttainment, when these were badly needed, Department, Regiment, etc.) Any num. ber of couples belonging 10
the we Hong etc., tuny enter. Handicaps to be arranged by a special sub-Committee
On the occasion of the closing of the to be appointed for the purpose. Entries may be made at Happy Valley. Fanling Fand, our hearty thanks are due to the
or to the Hon. Secretary close on the 28th instant.
Entries to
CAPTAIN'S CUP
The winner of the February round for this Cup was F. Muitland with a score of 182 Jerk.
CRICKET
K.C.C. E IL.G.A
Fa this League match, to be played at Kolan to day. at 2.15 p., the home toam will be represented by P. Robinson, L J. Blackburn, D. M. Goodall. C. P. Jance, C. S. Simpleton,
J.
L. E. S. Hodge, H. H. Tayler, H. Overy, H. Pustonji, A. de Sousa Rod E. Edwards.
ASSOCIATION FOOTBALL.
The defeat of the Club by the Royal Engineers, on Saturday, has put an entirely different complexion 01 the Hongkong League, for which, until their reverse, the Club were the favourites. The Navy team is now fancied; indeed, the sailors may easily win both compeli- tions. They have to play the Royal Engineers and the Club in the Hongkong League. A victory over the sappers would put the sailors a point ahead of the Club, so that a win for the Club would be an absolute noccesity if they are to carry off the cup. Even if the Bappors again rise to the occasion' and defeat the Navy, a win for the Navy the Clubs will still kiss theme the league, although in that case the Club would by content with a draw, which would leave them a point ahead of their opponents.
counter-acting the hardshipa entailed by the high rate of exchange and the then scale of pay
HUMPHREYS ESTATE AND
FINANCE CO., LTD.
QUESTIONS FOR TODAY'S
MEETING.
16.-Picking up this item. from the, P. & L A/C from 1914, I notice the following:-1914, about 814,307.97; 1915, about $10,118.24; 1916, about $13,039,08; about
Mr. J. M. Alvón, a sharehoidoz in the 1017, about $15,908.17 1918, Humphreye Estate and Finance Co.,815,070.30. Ltd., has given notice of his intention to ask the following questions at the meet ing of shareholders to be held in the Hongkong Hotel, at 11.30 a.m, to-day.
Buch
ON THE DALANCE BREEF.
La five consecutive years the amounts of ront reived. $76,482.80 have been spent irrespective of Directors not consider such expenditure
excessive i
Do the
16. Is Ebore really a necessity for an equalisation of Dividend Fund at present with property business so brisk and so prosperous! Should not the proposed transfer to the equalisition fund, really be made to a general reserve fond in order to carry out the obvious intention of borrowing as little as possible for the payment of the dividend?
to abate slearly and separately:-
1-Will the Directors be good enough
} (a) The amount of the book values of properties 2.8 are fully developed 1 (2) The book values of such proportios es are not developed or only partly t-Does the amount of $150,2.55 for
developed
ETACTION OF DIRECTORS. rent include any rent
on undeveloped 17--Cannot the procedure of electing propertica? If
so, please state how much. Directors at the ordinary annual general 3. Has a proper valuation of the Com-meeting of the Company be otherwise please state whou and by whom and whas paid servant of the Company would, as pany's properties ever been made If so, than the usual alo custom whereby a was the valuation given for
(a) The Company's developed pro
perties.
(b) The Company's undeveloped pro
perties.
a
generous subscribers who have been ever
were, fores into the hands of any one of the shareholders present at the meet- willing to give donations when called
Ca member of his faney, of course) a& ing slip of paper with a upon. The kind thought which prompt
a sort of mandatory that so and so should be proposed aa ed these subscriptions is fully appro.
4.-Will the Directors adopt the tice of having a valuation at the Com-erally leads to a permanency
Director for the ensuing year, which geze ciated. Our thanks are also due to the pany's properties made at least once in Honorary Becretary, Honorary Trafigures u be printed as a footnote onist containing the names of any twenty 18-Could not the Company furnish every two years and cause such valuation with the annual report to surer, and Committee who have worked every annual balance sheet for the in- important and large shareholders besides
shareholders
so hard and ungrudgingly to make the
formation of shareholders
the names of the retiring Directors from Fund the great succes which it has
ballot any five persons considered by them which the shareholders may choose by been; in this connection, the names of
best suited to look after the intercels of the following gentlemen are worthy of
the Company special mention: The Rev. T. Robin. eon, Rev. G. Hastings, Rev. C. L Cooper Hunt, and Chief Writer F. Warne.
In recording these sentiments, the letter is not complete without an appro ciation of the work put in by Mr. T. W. Dowley, the euthasiatic Becretary of the Cigarette and Tobacco Fund, whose un- flagging energy and unfailing interest has been responsible for many gifts of
cigarettes. Yours faithfully,
ONE OF THE GARRISON. Hongkong, February 14th, 1912,"
CANTON NEWS.
far corner OF THE "CHUNO NGOI
SAN PO."
CANTON, Fobruary 14th.
CHINESE AND JAPANESE BANK.
pany has held for a good number of 5.--In view of the fact that the Com years land in Kowloon, which should Directors explain have been built upon long ago, will the prompted them to neglect development
the reasons
which locking up funds of such land and also their reason for
the
10-Without imputing anything to the present Board, would not such a plan be more conducive to the attainment
of
acquisition, of a site at Company by the closer attention to the interests of the
Road over. it is understood was subsequently found looking the N.Y.K. quartors, which site most expensive for building
must necessarily obtain when selections Company generally, and also solve the tendency towards
"Ainecures which For directómhips are invariably Inade 6.-For reason given in question No. 5, from a limited number of Hongkong bugi their justification in acquiring a piece of official association of directors will the Directors explain to the meetings then who apparently form an un- they propose to erect a building instead land in May Road on which it is believed of employing the funds proposed to be spent in a paying proposition by build ing up, good rent paying terraces on that valuable piece of the Company's ground between Carnarvon and Mody Roads, now used as tennis courts?
ARTICLES OF ABSOCIATION.
-The Articles of Association of the Company being obsolete in the light of the present law on Companies, will the Directora instruct the Company's solici tors to submit to the shareholders up-to- date articles which should contain provi sions dealing with
The 7--Will the Directors give the share-
In holders same information, as to the cust
question No. 15
suggestion dealt of K.M.L. 48 In view of the apprecia
FINALLY tion of land values at Mongkoksul, have that ball there been more energy, clearer 81-Dp the Directors agree with mo the Directors thought of any achome s us to make the best of this bad bargain the Company would have been so improv forcing the Bnancial position of
better management and over
less which indoubtedly is responsible for a good portion of the 8905,000 due under that the market value of our shares. Mortgage Account, the interest on which intrinsically worth $12.50, would be quot has absorbed good slice of our annual
ed more than $7.50, the present 'market revenue i
INSURANCE RESERVE FUND.
tbus
A new bank organised by the manager. of the Taiwah Bank and Chiesa capital-
--Considering that the rate of insur ists will be opened shortly with its head now reasonably low, would it not appear quarters in Formosa and branches in most businesslike on the part of the auce premis on properties in Kowloon is Canton and Singapore. named the Wa Nam Bank.
It will be Directors to abandon the policy of the Tanager of the Taiwan Bank has been Insurance and thoroby releasing the Theangany barrying a part of its own A meeting of the Hongkong League was been elected as advisers and committee. 5,009,1 (which is apparently nieces elected Chief manager, and Chinese have investment in Mortgages and Loans of held in Victoria Barracks on ThursdayThe Chief Manager will proceed to sary at present evening, Mr. J. Wilton presiding. Two Japan shortly in the interests of this the Insurance Reserve funds).
in order to lay availablo Navy players, Brotherwood and Ward,
pen enterprise. were reinstated in the 2nd Division. Thu
resignation of the University accepted, and all matches in which they have taken part were orased from the records. With regard to the re-arrange want of postponed fixtures, it was decid- ed to leave the mattor to Club Becretaries to arrange dates between themselves, notifying the league Secretary as soon as Bottled. The next meeting will be held on the first Thursday, in March.
was
#
create
BURGLARY IN BHAMEEN.
It is reported that during the Chinese New Year holidays a hundred pieces of silk, valued at $7,000, were stolen from a godown in Shameen,
DR. BUN YAT-SEH TO THE RESCUE.
envoys at the Peace Conference in Paris, he will, on his own initiative, proceed to Europe with a view to offering assistance to the envoys at this critical time.
OVERDRAFTS AT THE GERMAN BANK,
obtaining the necessary funds with which to carry on the development of our un- developed properties?
The Directors' attention is invited to the rate of interest earned on the invest- ment in Mortgage and Loans-a hare 4.20 per cent. per annum figure in the P&L A/C. 12,805.15. so per the and further that the premium now saved dose not exceed $1,100.90 which the Com pany can well afford to pay.
HOUSE AND OFFICE FURNITURE. written off, hence the balance now should 9.-In 1917 the balance was 1,883; on 9/2/18 be $1,000, whereas the balance sheet states
the amount of #683
this asset at 2950. Without wishing to press the point, will the Directora plain
ain how the shrinkage has occurred!
OBH IN
IN HAND AND AT BANE 88,351.32
He
view of
"S--Would it not be better finance to issue 8 per cent. debentures with interest replacing the Mortgages amounting to 8908,000 which from their recurrence on payable half-yearly for the purpose of
the balance sheet may be now cinsidered: of capital, and which appears to as a fixed liability, almost in the nature
the large amount invested in property? required as additional capital
KOWLOON 23.Will not the Directors seriously consider the advisability of confining the Company operations to Kowloon, which even without going outside the Com- pany's undeveloped properties, offers unrivalled opportunity for business and the energies of the Directors!
ENGINEERS' ́AND SHIP- BUILDERS DANCE
LAST NIGHT'S FUNCTION.
The guidator of the German bank has 10. In view of the heavy payments for music, go to make a succussful danco.
asked the Tuchun how to settle the accounts of alien enemies who, between them, owe the bank more than $400,000 The Tuchun has ordered proceedinge to All the Germans will be sent to Shanghai be taken in the Civil Court, immediately on the 28th inst. for repatriation. CONFERENCE BETWEEN NORTH AND SOUTH.
interest which
any time, will the Directors State the probably includes payment. for interest on overdrafts occurring at amount of cash in hand and at Bank separately 1
SUCCESS.
the
of over 800 dancing on a perfect floor If a good-humoured, bustling crowd with accommodation for a little more than half that number, and splendid then the "Victory" Ball, arranged by stitute of Hongkong, which was held at the
the City Hall, last night, was an un- Engineers and Shipbuilders In
As was expected, PROFIT AND LOSS ACCOUNT.
opean community of Hongkong was Interest 366,617,64. It appears that the Company Hall was retuiniscent of dances arranged on Mortgage and Deposits, fully represented, and the scone in the bosides raising money by mortgaging the by the Institute in pre-war days, when Company's properties also invito deposits the annual Ball was a long-looked-for- at a tempting rate of interest, apparently ward-to event. 7 per cent. Cad the Directors explain why the amount of deposita was not of the Company's business to doposite, and how are such deposita
receive
The scheme of decorations was much
admired, flags, palme and coloured lights being used with artistic taste. Dancing arrival of Excellungy the Office
mcd at a few minutes after 9 and continued until after 1.30 am.
the Government, who was
Thu
We are imformed that Dr. Sun Yat Ben has wired to the Speaker of the Can- A meeting of the Hongkong Football ton Parliament, stating that, in view of Boing to receive the Referees' Board's Association followed, the chief rusiness the present position of the Chinese recommendation in the CASO of three 'players ordered off the field in the Club v. Navy match, played on 7th December, 1918, and in the South China Athletic Royal Engineer match, played on 25th January, 1919. All the offenders received the usual punishment, viz., nothing Four out of the five first division teams have had players scut off the field this Bason for unevenly conduct, but, so far, not one of the offenders has been punish ed Last Saturday there was another disgraceful exbibition which ended two players being ordered off the field in the Navy Bouth China Athletic mutch, but the football authorities have not yet dealt with this case, so the same
A message from Shanghai atatee that players will be at liberty to
the Conference, which should have been another disturbance to-day if they are
upened on February 16th, has now been playing. Nearly all the trouble has been postponed, un the Chief of the Northern dup this season to men losing their tam-envoys has not yet arrived. The Confor stated in the balance shoot? Is it part pors and starting to fight. A man can ence will be hold in the German Club not be expreted to take a deliberate blow The German Consulate will serve ag from anythily without returning it, but lodging for the Northern envoye and the poured? If the deposits are included in a player is surely not justified in taking German bank, as the temporary resting the amount of 8005,000 shown on the the law into his own hands and striking place of the Soutbarn delegates. It is balance sheet, will the Directors give the by Mr P. P. J. Wodehouse an opponent Lexaase he is beaten, or said that the Allied Consuls in Shanghai figure oing to Morogos and was heralded with the playing of the imagines himself fouled. The player to will be invited to attend the Conference make an example of such a case is clearly and will be requested to hear all dinous
nan why strikes the first blow, but sions and witness the decisions. the man the football authorities ennnot, apparent ly, this, and solemnly "admonish"
graND or reprimand," which is like pouring water ou a duck's back.
It was proposed by Mr. Black, and seconded by Mr. Wong, that the service of two Indina polioumen bo mught to assist with the crowd of Chinese specta tors when the Spath China Athletic Bre playing. On the proposal of Mr. Gor rard, seconded by Mr. Wilton, the Hou Bec, was requested to write to the Hon Mr. P. H. Holyoak asking him to acoop ffice in the Association as a Vios.Prosi dent, and to the Roy. Mr. Bundle, C.F. requesting him to become a Councillor vice Liont, A. E. Hall. The Hon. Se of the Hongkong F.D. aahouseed that 350 had been handed over to the Hon Treasurer of the Linfield Fund as no mult of the Charity matches played o *Boxing Day.
list between 87th Co. R.G.A. and the sorve parade. The match on the fixture 98th Co. R.G.A., which should have take place yesterday evening, was postponed
TO-DAY'S MATCHES,
HIFIELD CUMTËTITION SMI-FINAL
Royal Engineers & Bouth Cains Athletic
-Club ground. Kick-off, .16 p.m.
South China Athletic Res. e. Navy Roa~+ Military ground. Kick-of, 2.30 p.pt. 83rd Co., R.G.A v. Kowloon-Nar
ground. Kiskoff, 4.30 p.m.
HONGKONG LEAGUE-DIVISION II.
The following team will sepregunt
posits rospectively and also inform the meeting of the average rate of interest paid under each head?
GENERAL CHARGES.
12-In 1914, $3,379.77; 1015 $2,070.66, 1910, 33,78217; 1917,83,538.87: 1918 how the amounts appear each year up 38,416.38. Will the Directors explaie regularly and so uniformly, when article No. 9 already provides to the General Managers 16,000, for the office of poses?
དཱ
National Anthem. H.E. danced the first
with Graham, the others in the set being H.E. Major-General Von- tris and Mrs. Dyor, the Hon. Mr. W. Chatham and Mrs. Macdonald, and Mr. Graham and Mrs. Chatham.
charge of the Hongkong Howl, and, The suppor arrangements were in th in spite of the unprecedentedly large gathering, gaye every satisfaction,
WISEMAN'S CAFE.
LUXERATION TO GENERAL MANAGERS.. 13-Article No. 32 clearly states that, the Goneral Managera, are entitled to s por
Cont. Now por cont of 8187,29.9%, (profit for of the not profit of the year. 1918) would ke in the P. & L." "Ayo.
whores we s $7,500 they were square foot in dron, has been added to: A now dancing hall, approximately co Paid $8,044.05. Please explain this. In Wingman'a Café. This improvement is it ppssible that Directors foos 35,000, and certain to be very popular, especially in 8,344.05 are not included na working 37. M/ Goodall, in thus catering for the roinuaoration to General Managors the winter months. The manager, Mr. openses, for the purpose of calculating sudi romuneration!
youky otel, who have supported hin Innen, has replaced the tile floor four, and this extends to the adjoining log of his bingónt rooin with Innrile
jlong weid as a gollown by Mosary.
DIVISION OF "PROFITS, 14. In 2015 when the amount of rest
+ $150,701.00 (with "no" possibility of
in the Intention of the management.
*
toa
There is no fret division football to day, but the Benth China Athletic and Kowloon in a popond division Losgus polluted was $120, 2013 with no pront the floyal Engineers tricot in the semi-thatch, the gold to 1.0.A., &- thought to Lane, Orawford & Co. final of the shield competition and at 430 pm, on the Navy Grounds it it to declama dividend of
real gan is expected. There are twp F. M. de Britto, A. Jaakson and P. conta. Now in 1918 with roat figured to hold two dindar dance "and" cond division matches taking place Care: A. van Langenlers, G. White and rental falling off for the next yn ardanes every work, but, whether his pro that Between the Bill and Department A. Bimmons: "Wheeler J, Tasmucati, together with a profit of 387095.08 on gramme will be carried out, for forg and Joseph's College haring on T. L. Kulght, "W. A, Hyder and D. Ale of properties, the Directors deelde will, slepend miticply on the patronage postponed on novolint of the Polley Bellydor. Iluserves:-3. Lims, and relividend at of perils only, Will the resolved like and dance la on Monday
(Continued at foot of neat column.) Filason,
Directora explain their
S
&
W
FRUIT,
FISH,
BRAND
for QUALITY
and VEGETABLES
in tins.
Now that food is so costly, and food conservation ir ao vital you should take every precaution to buy the best; it goes farthest, atd we can supply that quality at excep tionally low prices.
Just Received from AMERICA
CANNED
PEARS, RASPBERRIES,
PEACHES,
APRICOTS. GOOSEBERRIES.
BLACKBERRIES,
EGG
PLUMS.
GREENGAGES, PINEAPPLES, BLACK
CHERRIES.
FRUIT SALAD.
WHITE CHERRIES.
T
Californían Sardines in tine with Tomato, Mustard, Soused, Fresh.
An excellent Breakfast Dish.
ASPARAGUS, BRUSSELS SPROUTS, CARROTS,
STRING BEANS, RIPE OLIVES CAULIFLOWER.
Plemientos Morrones, Boncle-s Sardines. French Style Mustard, Dill Pickles.
LANE, CRAWFORD & CO.
VICTORIA THEATRE.
February 15th, and T6th,
9.15 pm, Performance. AMERICAN GAZETTE NO. 24.
?
A
THE COUNT OF MONTE CRISTO
Epoch 6-The Three Vengeances.
In this epoch, the Count rapidly completes his schemes for the downfall of the three men who were responsible for his years of misery at the Chateau D'IE.
COTTRELL BROTHERS
Eccentric Acrobats.
Misa SOPHIE COTTRELL in Songs and Dances.
MATINEE
p.m.
Sunday, February 16th, at ø
THE MAN INSIDE Presents Edwin Stevens.
BOOKING AT ANDERSON'S.
SHING KEE CO.
SODA MERCHANTS, IMPORTERS AND EXPORTERS DF
Caustic Soda, Søda Ash, Muriate of Ammonia, Silicate of Soda, Refped Bicarbonate of Soda, Mineral Water, and Soda Crystal, Bleaching Powder, Sulphur Acid, Sulphate of Ammonia, etą,, etc.
ALWAYS IN STOCK.
No De Vaux ROAD, WEST, HONGKONG.
W Powell LM
Wm
TELEPHONE 346
Ltd.
Eiderdown Quilts
und Cot Sizes
PLAIN JAP. SILK & SATIEN and many beautiful dosigns In
Printed
Satin.
[V
These Quilts having ved rather late in the Season have