Page
THE JOCKEY CLUB RACES.
SOME OF THE LIKELY
•PONIES
SELECTIONS FOR TO-DAY.
SPORT.
GOLF.
GARRISON ». NAVY.
THE HONGKONG DAILY PRESS, WEDNESDAY, FEBRUARY 11TMπ, 1920.
In this match, played on Sunday, the result was as follows:
SINGLES.
Cockrem 14. Casswell Cdr... Wodehouse... 13
Maj. Leslie Smith 14 Sur-Use. Gribbell —— L-Col. Cotes ...... 11 Sug.-L.-Cdr. Maj. Hickling ... 1 Maj. Bowning Muj. Edwards Lb.-Col. Crosse Capt. Murray 1. Cordon
Lt. Jones → L. Curry ...... -L. Stewart .....
Sab-Lt.
Scott-Moncrieff ! Pay-Mr.-Lt.Cdr.
Holborn Lt.Cdr. Kilgour... 1 Eng-Chir, Archard - 11 Et. Hake
Public interest in this year's race meet. ing is not weakened by the price of the dollar, and there is every promise of a highly successful meeting. It" is more than unlly difficult this year however to enter upon the always unprofitable "task of spotting the winners owing to the record number of entries, and the corn- paratively short season of training.
Cienegally speaking, there are in each
Lt.-Cul. Taylor group of ponies about half a dozen animals who stand out among the others, and it may fairly be said that the order in It.-Col. Clementi
Smith which these will finish in the different Capt. Archer
who is ridingCapt. Gray, races will depend on Although n good number of jockeys Lt. Col. Wyndham
... Maj. Harding
· FOURSOMES. Brand, Vida, H, Lemarchand, Crokam, Dalgarno, Bremner and Elins-bare ar rived from the North, there is no doubt that Burkill, who is unable to come down, Kunil, who is still on the sick list. Dalgleish, Kromer and Mellar (who is at Home), will be missed. The local jockeys ate Messrs. Johnstone, Reid, Gegg, Kirk patrick, Sutton, Soares and Mody, and it is said that there are one or two others who will be donning the colours for the first time in Hongkong.
The Derby, to-morron, is, of course, the To pick the great event of the meet. winner of this race is a task that must “be approached-warily Those who ¿re- in the know"Rem very certain that Pile Driver or Plain John," ridden, by John- stone and iteid, will finish in front.. while those who remember the splendid manner in which Hill rode Mountain King victory last year are; pinning their faith on Mr Potts Allied King Dalagurno is riding Spoilt Child, which is expected by many to be affiong the Bat Primrose Dahlia, likely winners Hongkong Chief and Charles must al: ke watched. The last named has been doing sou very convincing gallops..
+
Maj. L. Smith... Lt. Col. Coles...f Maj. Hickling Maj. Downing...! Maj. Edwards Lt. Col. Crosse
Capt Murmy....
Lt. Condon Lt. Col. Taylor
Lt. Col. C. Smith Capt, Archer Capt. Gray Lt. Col. Wynd-
bam Maj. Harding ...
Total.......
I
Paymr. Cdre.
Boucher 1 C'dore Gurner.....
Sur. Lt.Cdr.
Cockrum- Sur.Cdr. Gribbell Lt. Casswell....... Cllr. Wedehouse... Lt. Jonce
Lt. Curry"............. Lt. Stewart Sur.-Lt. Scott:
Paymr.-1
Moncrieff Lt.Cdr.,
Holborn 1
LL-Cdr. Kilgour...! Lt. Hake Eng. Cdr. Archard
........
Faymr.Cdr. Bou-
cher, 1 dore. Gumer...
Match counts 1 point, Bye point. ROPAL HONGKONG GOLF CLUB-
LADIES. SECTION.
9.
The Captain's Cup for 1919, presented by Mr. A. Ritchie, has been won by Mrs. Kilgour, who beat Mrs. Joseph Taylor in the final-2 and 1.
BASKET BALL.
In connection with Speech Day at In giving selections for today's events. Queen's College on Saturday, February I am under the disadvantage-which even many owners will be suffering from 14th arrangements are being made for a until this morning-that I do not know short exhibition game of Basket-ball in which particular event each pony will ron to-day. I have been at some paina (Ambulance Members . The Rest) at
to make enquiries in this direction, with which His Excellency the Governor has out much success, and the following selec-kindly consented to "throw-off" at 10:43. tions must be taken with that reservation, The ponies below are, in the opinion of one who is qualified to judge," the best
in their different classes:-
THE WONG-NEI-CHONG STAXES.-Excelsior for a win, Savernake and Ludlow for places.
m
BOXING.
Booking opens this morning (for mem bers of the Hongkong Boxing Association
COMPÁNY MEETINGS.
HONGKONG, CANTON AND MACAO STEAMBOAT CO, LTD.
•
The annual general meeting of the above Company was held in the Com: pany's Offices yesterday, the Hon. Mr.
YANGTSZEPOO COTTON MILL
THE YEAR'S WORKING.
The 6th annual general meeting of shareholders of the Yangtszopoo Cotton Mill, Ltd., was held at the offices of the general managers. Mosers,
Jardine.
S. HI, Dodwell presiding. Others present Matheson & Co., Ltd., Shanghai, last were the Hon. Mr. John Johnstone; the week. Hon. Mr. E. D. Parr, Sir Robert Ho
Mr. A. Brooke Smith who presided, Tung, Mr. W. E. Clark, Mr. W. Sinclair maid in the course of his address:--- (Directors), Messrs. A. Bitchie, T F.
I think we may well congratulate our Hough, M. 3. Northcote. F. Masonsalves upon the excellent outurn of the Hurley, A. E. Crapnell, O. I. Ellis, R. past year's working, the profit of Tls. E Bolili (shareholders), and John 1.347.879.65 being far in excess of any Arnold (secretary).
previous record. This gratifying result The CHAIRMAN said:-Gentlemen.-The is most welcome, as it enables us to pay year's working, as we are now able to
n handsome "dividend to shareholders, roview it, has. I am glad to say, been and at the same time place substantial progressive, and I hope you will think
aums to reserve funds, which for a com- extremely satisfactory, and that the preparatively young company such as ours. posed appropriations will meet with your is fortunate, in view of the keen com- approval. You will have observed that
petition we must inevitably encounter the net earnings of our steamers for the from the new mills now building ant past twelve months have been exccp projected in China. tionally good, so much so that, notwith standing the unusually heavy, expendi- ture for repairs, your Directors are able to recommend not only a final dividend of.81 per share, but also a bonus of 20.50 per shart. With regard to the appro priation of the remainder of the profits, it is hardly necessary for me to dwell upon the soundness of the policy of writing
down the value of our steamers harves and of adding to the Equal zation of dividend fund and special re- pairs fund as opportunity offers.
In view of the satisfactory results of the system of farming out native par- senger and fright space on the Canton steamers, your Directors decided March last to give a trial on the Hongkong Macao run to this method of working and the arrangement has so far worked satisfactorily.
The investment fluctuation account has been adjusted to meet the market value of the shares beld in local Companies and on the advice of your auditors the Company's sterling investments have been written down to market quotations ruling on December 31st, 1919.
I will now proceed, to explain the various allocations of the balance, at credit of profit and loss account, which I trust will have your entire approval.
THE RETURN TO SHAREHOLDERS.
The "preference dividend, the first charge on our profits, absorbs Tis, 33,000. On the ordinary shares we propose to Pay Tls. 3 per share: this means Tls. 700,000 or slightly more than half the year's profit.
Through having one-third of the capital in proference shares, the ordinary share. heiders are in a fortunate position when abnormal profits are made, and the re- turn, they will receive this year conípazes very favourably with dividends declared by other mills in Shanghai.
Including the present dividend the com pany will have returned to shareholders Tis. 5.55 per Tls, 5 share in five years, which works out at an average of just
In June last your Directors decided to acquire on joint account with the China Navigation Co., Ltd, a building over 2 per cent, per annum.
The addition of Tls. 210.00 to start a known as the Ling Nam industrial Bazaar situated on the Bund at Canton, reserve fund will give additional sup port to the company, and whilst not being facing the Company's wharves; with a view of converting same into Bonded earmarked at present for any special pur- The Company will take pospose, it can, in case of necessity, be
utilized in various ways session next month and the necessary Godowns. alterations will be carried out during the current year. To meet altered condicions of trade your Directors were of the opinion that the Company should possess their own godowns, in order to grant shippers every facility in return for their support.
The appropriation of Ts. 100,000 to cotton fluctuation fund (making it alto- gether Tis 150,000) will place us in a sound position, in view of the wide fucuations that frequently take place in the raw material in the present somewhat abnormal times.
If you approve of those appropriations have reserves totalling" Tla. To aball 750.000, against a capital of Tis. 1.300,000.
THE MAIDEN STAKES.-Charles for a only) for the Boxing Tournament to be Your Directors confirmed Mr. Arnold which must be considered very satisfac- win, High Tide and Hongkong, Chief for held on Saturday next. February Siston on all the lines operate
places.
THE VICTORIA STAKES.-Sandy for a win, Champion Dahlin and Valley King for places.
THE VALLEY STAKES.-Louza for a Brutus and Wee Mouse for places...
THE CHALLENGE CUP.-Mountain King for a win, Kalamazoo and Eclipse Dahlin for place
THE TAIAS PLATE-Pile Driver for a Allied King and Spoilt Child for
win
places.
TER GARRISON CUP--King Robert for, a win, Target and Trumpet for places.
THE RACING STAKES-Plain John for a win, Red Robe and Salamander for places. TILE JOCKEY CLUB STAKES.-Mighty King for wia. Siamese Cat and Colinton for places.
THE PROFESIONAL COP-Either Louza or Sinza for a win, Mammy's Child and Seaman for places
1
THE KALDAN PLATE.-Primrose Dablis for a win, Sunspot and King Cole for
places.
THE TOT.
CORRESPONDENCE,
A CORRECTION. [TO THE EDITOR OF "THE HONGKONG
DAILY PRESS.
for
at 9.15 p.m. Ring-siders wil be glad to hear that instructions have been given the removal of the upright posts which at the last Tournament, cbstructed the view of holders of the $5 raised ringside seats. Booking for the general public
omens to-morrow.
During the year all the Company's vessels. anye been docked for general overhaul, repairs and Government survey. as Secretary in August last by the Company continues to be very severe and although prophecy is at all times dangerous, your rectors have DO reason for taking a pessimistic view with regard to earnings during 1920,
The satisfactory results of the year's working are greatly due to the united and legal efforts of our staff, and your Board, in recommending a bonus on their salaries for the year, of 10 per cent, to the European Boating staff and 20 per cent. to the Office staff, feels that it will have your whole-hearted support and approval.
tury.
-
HONGKONG TRAMWAY CO., LTD.
Aggregate veipts.
The approximate statement of traffic expts for the week ending February 7th is as follows-
Receipts
eek. $14,003- 10,386 2,383
This Year Laso Year #ecrease
for 6 wska
78 827 87,281 2,104
INSULTING THE CSP INTERESTING CASE.
Reference to our advertisement columns will show that a change of programme te the fact that Stoker Eddie Walters, has been rendered necessary. This is due who was to have fought "Sky" Kerrison for the Colony's Welterweight Champion ship, has recently been in Sick Bay, and is not permitted by the doctors to full. With these few remarks, gentlemen, I In place of this Contest beg to propose the adoption of the report his agreement,
and accounts aa circulated, and when this has been seconded, I shall be pleased to there will be a return contest between Peazy" Evans, H.M.S. Hawkine, ex- Middleweight Champion of the Mediter answer to the best of my ability any ranean Station, and Senman Hewlitt, of questions shareholders may desire to ask. Mr. BELILIOS, in reconding the motion,
At the Magistracy, yesterday, before H.M.S. Aberity. These boxers met on
late the Chairman and the Directors upon Mr. N. L. Smith, a Chinese was charged December 13th at the Theatre Royal, the said that he felt it his to congratu result being a draw. Hewlitt proved him-
the most successful year they had had self on that occasion to be a boxer of a very high order; and this re-fight should He had been connected with the Com- with using indecent language to the
раду, irst as a youth and then a little Captain Superintendent of Police. be much appreciated.
older, man, for a good many years, and
The Hon. Mr. E. D. C. Wolle stated he was sure that the success attained was greatly due to the Directors and the that at 6.15 p.m. on Monday he was walk- ing along Hollywood Road, between good work done both by the past Scere tary and the present Secretary. As for Belilios School and the Chinese temple. the good work done by the past Secretary, when he met defendant carrying a child he remembered the time he thought it in his arm and a length of sugar cane, waa in the great typhoon of 1809-bens defendant passed him he heard some Mr. Clarke was in command of the Ein-one use an indecent expression. than, that he had to think twice whether locked round and saw defendant walking he was to burry back to Hongkong. in a hurried manner in the direction of Capt. Clarke took off his diamond ring Ladder Street. Witness followed him and wrote the date on the window pane, and questioned him. and then brought his ship safely back to Hongkong. As for the present Secre tary, his father had rendered excellent service to the Company in his day, and
Witness, however, stated that the words now his son was doing the same. He were intended for him as he and defend- was sure that the shareholders gladly acquiesced in the bonus being given to ant were the only persons on the road staff. He thought the shareholders should at the time He did not press for à Booker and Mitchell, 30,000 to Dempgive thanks to the Chairman and Direc heavy penalty, but he wanted this sort tors for the great interest they had taken, of thing stopped. It was a case of sheer say for habt either in England-or-Franc
THE WORLD'S HEAVYWEIGHT"
CHAMPIONSHIP.
Jack Kearns, manager for Jack Demp sey, said recently that he had received sixteen offers for a Dempany-Carpentier bout. They were 2
DJ Tortorich. New Orleans, $200,000 or Dempseys end.
Colonel Miller of Oklahoma, $300,000 Vinne, Paris, 8230,000 to Dempsey for match in France.
pure.
Six-The report in your issue. of
7th Saturday, the
instant; under **Canton News' that Mr Wan Tak Chang, the Director of the Canton- Kowloon Railway, Chinese Section, has recently gone to Peking to protest against the Military Government's interference with the affairs of the Company, is not in Paris accurate.
Jack Curley, 2130,000 purse. Decoin, $250,000 to Dempsey for match Prince Nurat and Duke de Cases offer Portland, Ore... $100,000 purse.
Our Managing Director, Mr. Wen, was to outbid any offer for match in Europe called up to Peking, accompanied by Mr. BTB Boothby the newly-appointed Engineer-in-Chief of this Section, to arrange the financial affairs and to settle the terms and conditions of the service agreement of the latter.
I shall, therefore, be glad if you will give publicity to thisYours truly,
LIANG SHI HSU, Acting Managing Director.
February 9th, 1930. HONGKONG AND KOWLOON WHARF AND GODOWN CO., LTD.
EDITOR OF THE HONGKONG
DAILY, PRESH.]
the con-
Billy Gibson, $250,000 to Dempsey for fight in America.
He
Defendant said that he had used the phrase to a friend jokingly.
Fritz, Mente, Bridgeport, Coña $100,000 hang in the most successful year they impertinence.
to Deinpaty 45 round
Morris Penter, Pueblo, $250,000 to Dempsey for fight at Pueblo.
William R. Parson, New York City, $150,000 and one-third of profits to Demp
fight in London. Pen Stein Milwaukee, 1 million france to Dempsey for fight in Paris.
Coffroth, $100,000 purse for James ht at Tia Juana, Mexico.
sey
Charles Cochran, $350,000 purse Bight in Enginud.
for
The fight will take place on July 4th. in Tia Juana, Lower California.]
UNITED SERVICES LEAGUE.
Club, HL.M.S.
P
[TO THE
BLB, With reference to cluding paragraph of my letter published. The following was the position in the in your issue of yesterday I regret that, United Service League on February 10th: owing to the inadvertent inclusion the profits of certain amounts, that the 6gures given were incorrect and should have been $5,544,955.53 not 86,345,800.00 (after allowing for Directors' Fees and other items); the rate of dividend for 1913/1015 should have been at instead of $3 per share and the total dividends. $3,120,000 instead of $3,300,000. Yours faithfully,
INTERESTED.
10 Carlisle ... Tamar! Ambrace" 1 Harbing
Amirone"B"6 2/Wiltshires 6 H.M.B.
Alacrity.. Marazion
"A. PIB.
2.25 3 18 3 10 4 0 5 2011 4: 18 631
7 4
212
2
2
1 12
13-
4 1
·1+
!
·3 10 2 08.38 0
had for many years.
motion was carried unanimously The Hon. Mr. John Johnstone, the Hon. Mr. E. V. D. Parr, Messrs. W Sinclair, and W. E. Clarke vera confirmed on the
Directorate, .00 the proposition of Mr. NORTHCOTE; seconded by Mr. CHAPNELL
The Hon. Mr. 8. H. Dodwell and Sir Robert Ho Tung were re-elected, seconded on the position of Mr. RITCHIE, by Mr. F MASON HURLEY
Mesara, C. B. Brown, AC.A., and Mr. AE. Lowe, F.C.A., were re-elected auditors, with 0
Mr. Smith fined defendant $5.
TRADE MARKS' CASE.
ALLEGED USE OF CEMENT COS
:'; MARKS.....
Mr. H. Turder of Mezara Deacon, remuneration of 8000, on Looker, Deacon and Harston's office, the proposition of the CHAIRMAN, scoonded appeared before Mr. N., L. Smith at the by Mr. Horan. The Chairman explained.
that at the beginning of last year, the Magistracy, yesterday, on behalf of the Directors had decided that there should Green Island Cement Co., and charged be a monthly audit instead of an annual the King Koo firm with using the former's audit. They had how decided that there
The trade mark on a number of gunny bags. should be a quarterly audit. auditors were entitled to a larger fee and the Directors wished this to be retrospec tive, as from January last.
The Chairman announced that dividend Warrants were ready and could be eb tained in the office. There being no fur. ther business, the meeting terminated
Mr. John Arnold thanked the Chair mar, the Directors and the shareholders, on behalf of the staff; for the bonus that und been approved.
Mr. A. H. Crew, for defendant; stated that the bags were purchased from the Kwongtung Cement Co., which never used new bags. Such purchases had been, mode for over a number of years. He wished to know whether his clients could use the bags with the mark obliterated and further stated that his client would notify the Wwantung Co,
Mr. Smith adjourned the case.
LANE, CRAWFORD
& COMPANY.
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CELEBRATED)
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LANE, CRAWFORD & CO.
Just received from U.S.A., a new shipment of Typewriters-- different models.
Inspection cordially invited by—”
UNIVERSAL IMPORT & EXPORT CO.,
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TOP FLOOR,
COLUMBIA
HONGKONG.
行
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NEW STOCK OF
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106
The Anderson Music Co., Ltd.,
16, Des Voeux Road.
Tel. 1322.
Powell
JUST ARRIVED
SMART RAINCOATS
for Ladles.
OILSKIN COATS
with
SOU WESTERS TO MATCH
Girls & Boys.
137