Page
COMPANY MEETING CHINA SUGAR REFINERY CO.,
*LTD.
The annual meeting of the above
THE HONGKONG DAILY PRESS, THURSDAY,
STRAITS GOVERNMENT
TMPLOYEES BALARIES.
AS ADFURTHER RISE. ·
In order to meet the present high cost Company was held yesterday at the of living and the adverse rates of ex offices of the General Agents, Mesere change on India, Ceylon and China, the Jardine, Matheson & Co., Ltd, the Ho Singapore Free Press understands that Mr. John Johnstone presiding, Others H.E. the Governor, with the approval of present were Sir Paul Chater, Messrs the Secretary of State for the Colonies, J. W. O. Bonnar, F. Muitland, G. W. has approved of the grant of a temporary Barton (Consulting Committee), Sir concession from January 1st, 1999, of 10 Robert Ho Tung, Messrs F. Smyth, E per cent. an the revised (alaries to the Hancock, H. E. Hollands, A. E. Crap general clerical service. For the other Dall, Ho Leung, E. Abraham, O. Kitchell, subordinate services three grades have F. Tester, W. Carroll, Ho Kwong, Bo been set up. Those officers whose galaxie Cheung Ip. Lo Casung Shiu, Lo Man do not exceed $40 per mensem would get Hin, Ho Shui Fit, G. M. Shaw, Jan increase of 75 per cent, while those in Baptista, J. M. P. de Graca, A. Ma Bilva R. E. Macdougall, N. Croucher, E. Shaw (Manager), and E. B.
Hornell (Secretary).
"
The CHAIRSAN said I is with great pleasure that the General Agents and Consulting Committee And themselves in a position to premat so satisfactory a report, and to recommend the payment of-
SPORT.
TENNIS
other statements which I have heard not. I am afraid that the prospects of. future bastion of China will be extremely indifferent(Applause.)-I will bear in mind the suggestions he has made to me about the right method of dealing with the
RONGKONG CO. TOURNAMENT,
day's matches in the shove tournament:
The following ware the results of yester
send beat M. E. Chon, 6461;63"
Open Championship Singles:-R. Town-pplication of various Faculties for funds I am always glad to have a useful alterna M. W. Lo beat M. E. Lo; 6-1; 64; 361
tive to bring forward in any constitution al legislative assembly and I am much in debted to the Registrar for the valn able weapon, he has laid in my hands for the future Council meetings of the University-(Applause)
S. H. Ismail . J. B. Praman, (unfinish edy.
LForster v. M. P. Lo (unfinished). Murray and A. B. Raworth, beat B. C. Open Championship Dorbles:Capt. Witchell and E. C. Fincher, 5-6; 6;
#1.
Capt. Davita (owe 3/8) beat Capt. Gay Handicap Doubles-Capt. Olliver and
receipt of salaries exceeding $40 per mense but within 1950 will have them put up by 65 per cent with a minimum. A. R. Sutherland (rec. 1/8); 7-5; 6-2
of $30 per month, and those earning above $950 per mensem are to get an increase of 45 per cent with a minimum of $137.5). 16
month.
CO
BRITISH NORTH HORNE NO FURTHER CONCESSION TO
CIVIL SERVANTS.
In a circular letter the Court of Directors refer to the risk of losing oficers, but that prospect does not dismay them. They write that they will certainly not hinder, but will pose facilitate the retirement of any officer who is not satis fed, and they point out that though there was a time during the war when it would have been dificult to recruit the ranks of the services, such difficulty has now ceased
dividend of $95 per share to share holders. We feel sure that the propos to utilise the past year's Auccessful work- ing to strengthen the position of the Com- rans will have your approval, and in The British North Borneo Company this connection I will bristly comment have declined to make any further con- upon the items in the proposed alloca cession to their Civil Servants in Borneo tion of the profits. In the first place we other than a small bonus which was dis propose placing $500,000 to a reservstributed to some officers, in January. account called Sugar Fluctantion Ac count." to offect any violent drop in prices, in addition to which, we propose putting aside 8100,000 to an "Exchange Fluctuation Account," to minimise losses through fluctuations in the price of silver. I think you will appreciate the need of two such reserves, in view of the present dangerous high level of prices of raw sugar, and the enormous changes in exchange rates that have been experito exist. enced lately. The setting aside of 8100,000, The war bonus remains at 6 per cent. repairs and renewals is highly essential for some and 10 per cent. for others abore to enable us to continue the policy of their pre-war scale of pay. doing everything possible to put the plant: in a thoroughly up-to-date condition, the results of which policy are being shown, in a gratifying manner by the more efficient working of the plant. We trust that the recommendation to divide an smount not exceeding $33.000 among the refinery staff will meet with your
"HONGKONG UNIVERSITY
TOURNAMENT.
LUGARD HALL WINS THE CUP,
1
A very interesting afternoon's tennis was Witnessed by the gathering present at the University ground westerday after noon, when the final in the inter-hostel tournament of the University, between Lugard Hall and St. John's Hall, was played. Lugard's Hall was an easy vie tor by 66 games to 33. At the conclusion the Pro-Vice-Chancellor's Cup was pre- sented by H.E. the Governor, to D. 5. Samy, the Captain.
Mr. N. T. McIntosh, in calling upon his Excellency the Governor, to present the cup said-Your Excellency: It is my privilege as President of the University Tennis Club to welcome you here this afternoon and to express our very great gratitude and appreciation of the honour you have done us in sparing time out of so busy a life to be present at the Finals of our Hostel Championship. The history of the Tennis Club is one of which the Laiversity has every reason to be proud. In the early history of the Club, two of ite players-Mr. Ng Sze Kwong and Mr. Wei-represented South China in the Eastern Olympic. Mr. Ng has held the RUBBER DIVIDENDS. Championship Tennis Cup in the Colony The directors of the Hytor Bubber during the last two years, while his Estate in their report to the shareholders brother, also an old University student, for the year ended December 31st, states went from here to Cambridge and obtain, that the net profit for the year amounted red his "blue" at Cambridge. This year to $33,067.19 as against $3,297.53 for the we have no less than five members of the
Dr. G. F. Jordan, in proposing a vote of thanks to his Excellency, expresed thi
hope that in the not far distant the sports sports of the Universities at Homa of the University would be equal to the
The following were the results-
Prata and Rumjahn (Lagard Hall) beat Chua and Tam (St. John's), 7-4; beat Ip and Chao, 8-3; beat Ngan and Chqa, 9-9. Chia and Soo (Lugard) beat Ngan and Chan (St. John's), 65; lost to Chun and Tam, 5-6; beat Ip and Chao, 6-6.
Chao (St. John's); 1-4; beat Ngan ant Lo and Samy (Lugard) beat Ip and
Chao, g; beat Chun and Tam, 6-9.
BILLIARDS.
AMATEUR CHAMPIONSHIP OF THE COLONY.
EABY WIY FOR ME, F. A. TVANOVICE.
"
A small bat eager crowd of billiard enthusiasts gathered at the V.B.C. Inst night to witness the final round of the competition for the open amateur billiard championship of the Colony. Those wh had worked their way into the final were Mesara, S. Gray and P. A. Ivanovich, It was generally considered that the match would be a close cas, for neither player had done anything very startling in the earlier rounda
Gray assumed the lead, and held it till the first 100 was passed. He was playing confidently, whereas Yvanovich was obviously nervous, When Yvanovich was in the region of his first 100), he appeared of 33 helped him to overtake Gray's score. to regain his usual form, and a break
From this point, the Portuguese player Uray's score stood at 175 Gray then never looked back. When he was 245,
made a slight, recovery, thanks to -10. break and when Ivanovich was at 259 Gray had just reached 200. A break of 14 by Yvanovich was only the first of presently he was loudly applauded for a severul fruitful visits to the table and stilfully compiled break of 51, increasing bis score to 347, while that of Grey stood of the Colony-Profesor Redmond, Mr. canraged, for, after this, he missed several Chua Sin Kah, Mr. Prata, Mr. Lo Man easy shots, while, on the other hand, his He, and Mr. Rumizhn-and they are all act as making frequent double When Evanovich's score figure breaks five still going strong. Three of them have stood at 406, that of Gran was only 240. already defeated their oponents in the tinued to pile up the points and scored The Portuguese, now in his stride, con- irst round, and a very large audience was his next 100 while Gray made 29. After present yesterday to witness Mr. M. H nearly two hours play the score was Yvanovich, 400; Gray, 274. Then Yvano- Lo defeat his man. Within the Univer-vich got a 20 break and followed it up sity itsel there are at present three. Lea with another break for 16. An interval gues in progress; that, of which you have scores then standing:-
was called after 125 minutes' play, the seen the Finals just played is a League among the five Hostels of the University
approval, as we think the recognition of previous year. To thissmurbe added Club playing in the Open Championship at 226. Gray must have been a trife dip-
their capable and loyal services, often $10.882.59 brought forward making a total under very, trying conditions. is well of $42,981.04 available for distribution. deserved. As you will observe, if the allo The Directors recommend Transfer to ention of 8800,000 to "Sugar Fluctuation Reserve Account $10,000; Dividend of 15 "Account"
and $100,000 to "Exchange per cent.; free Tax $30,000; Carry for Flueration Account" is agreed to these ward $3,981.04. amounts together with the $300,000 already standing at credit of Equali sation of Dividend Fund," will make our total reserves $900,000 which is something to fall back upon in case of necessity.
As regards the business of the Company
COMPANY REPORT.
The Shanghai Horse Bazaar and Motor Co., Ltd. made a profit last year of Tls. 60,570.14 The Directors recommend a
Mr. P. A. TIKOVICH... 409 points. Mr. S. GRAY 278 When play was resumed it was realised
during the past year, the predominating dividend of 19 per cent, absorbing Tis. A Cup for this was presented by the that Gray would have to improve wonder-
Tis.
feature has been the continued upward 32,400.00 and adding Tls. 25,000 to re trend of prices for sugar throughout the serves, and carrying forward world.
The following £gures for Java Raw Sugar give a good example of what has happened in all sugar markets:
10,935.40.
factors governing prices. "It has been our experience in the past that movements are not slow in taking place on the contrary they are usually extremely rapid-and it
generosity of our Pro-Vice-Chancellor; fally if he was going to win. Yvanovich Dr. Jordan last year, and was won by commenced well; a break of 24 was follow- Lagard Hall. The other Leagues are, the ed by another of 18 and when Yvanovich Singles Championship, a cop for which had scored 504, his opponent only had 301 has been very kindly presented by the Another fine break of 24, capped by a Hon. Mr. Lan Chu Pak; and Singles break of 35; gave the Portuguess a lend Handicap, a cup for which has been preof over 300, the scores being Yranovich, sented by the Staff. You, sir, are a dis000; tay 337. The Portuguese then tinguished historian, and, therefore, one struck an unproductive match, while trick mind must be associated with that followed by another of 45 for which ha of the beliefs impressed upon your his partial recovery,
Gray, thanks to a little luck, made a
A break of 23 L is the possibility of a big slump in prices historical battle in English history which was loudly applauded. He then made that has to bo guarded against. We was won on the playing fields of Eton breaks of 27 and 29 and increased his score consequently ask your unanimous support and approval to the proposed allocation of the profits. I now propose, that the
Java Whites at 1/1/19 Glds. 14. Jara Browns at 1/1/10 - Gide 13 Java Whites at 1/7/19-Glde 41. Java Browns at 1/7/10-Glds. 39. Java White at 31/12/12-Glds, (48). Java Browns at 81/19/19-Gids. 44. On account of the world shortage of sugar, the demand for our refined sugar report, and accounts as presented be
has been very strong, and the Refinery.] adopted and that the balance at credit of won ou the tennis courts of China. But, yvanovich seidom went to the table with was working continually during the whole profit and loss account be distributed as at any rate, in your early days your Year: Altogether at the moment there is followa;—
no indication of any appreciable fall in prices, it must be remembered that these prices are at a dangerously high level, and should the Boet Crops of Europe sume anything like pre-war dimensions the balance between supply and demand would be greatly reduced When it is borno in mind that the Beef Crop of Europe for the Sasour 1918/1914, previous to the outbreak of war, was over eight million tons, of which over 2,700,000 to was contributed by Germany, as against an estimate of less than three million tons
500,000.00
The payment of a dividend of
825 per share,absorbing...$500,000.00 Place to sugar, › fluctuétion
accounti Place to exchange fluctua
tion account ....... 100,000.00 Place to repairs and renewals and
count 2
24 HK 18272... 100,000.00 Pay to the staff as bonus, à la
ram not exceeding and carry forward to the now val account Fruits
to 488, Ivanovich's score being 712. Once again Yvanovich came away from his opponent, and scoring consistently, he again obtained a lead of over 300, his score being 900 and that of Gray 687. It wha apparent that the end was near, for at putting up a double figure break A break of 21 and another of 23 brought his total to 998. Then Gray made a final
the game with a cannon, the scores being: "gasp "-a break of 37, for which he was deservedly applauded. Yvanovich WOR Mr. P. A. IVANOVICE 1,000 points Mr. S. GEAT
040 The challenge round match, between last night's winner sad Mr. K. K. Leung, the champion, takes place at the VR.C. to-morrow night
BASKET BALL
and when I see the hold that teris is taking upon the undergraduate members of this University and upon the Chinese community in general, I look forward to similar battle in fature which will be sir, not only are you a historian, but caired, an ecclesiastical training, and beg you to allow me to presume on your of how the great Patriarch Joseph, when theological knowledge by reminding you he came forward with an addreas of wel- come to his brethren grested them with the words: To spy out the nakedness of our land have ye come. It is, sir, with similar words of welcome that I would address you. Yon-have seen to-day the nakednem of our land, the barrenness of 25,000.00 ground, the difficulties of playing ou 23,809.71 ment. I am not here to beg, air, but when, the tart of this kind, the lack of equip This propósition was seconded by Biron some future occasion, "we meet at a PAUL CHATER, and carried unanimously. Council meeting and I, in my capacity as Registrar, have to present to your Excel- The report and statement of accounts lency as Chancellor of this University the the for the Besson 1919/1920, of which Gerre adopted on the proposition of the petition from Professor Dry-a-Dust that CHAIRMAN, secondled by Biz PAUL ORAZER & sum of three million ines may be voted Sir Paul Chater, Messrs. F. Maitland, by the Council in order that he may ade JW. C. Bonnar and G. W. Barton were important question of the crabryology of quately continue his researches upon the
Committee, on the proposition of Sir of our Athletic Association and will re- the needs of our Tennis Club and the rest Bonzas Ho Lee, Beco by Mr Blume to ellow Prot Dry Duste
absorb all our funds. (Applause.
At the conclusion of the presentation Messia H. Percy Smith, F.C.A and A. his Excellency the Governor said I am B. Lowe, CA were re-elected auditors, very pleased to have had the opportunity on the proposition of Mr. Lo Curora of seeing something of the tennis this SHID seconded by Mr. CRAPERLfternoon and of hearing from Mr. Me
The Chairman announced that divid-Thoth how fourishing tennis is in the Taylor (captain), Bacon, F. 8. end warrants were ready and could be University, in spite of the rather depress obtained on application at the offices, ing pront of the ground. I trust that There being no further business, the meet Mr. McIntosh's statements on this subject ing terminated de
were more to be relied on than some of the:
many's contribution is estimated at about 730,000 tons, it will readily be seen what the possibilities of these markets reelected members of the Consulting an electrical adverb, you will remember
sources of supply may men in the near Infuze Whilst, as I have already státed, there is no indication of the moment of any appreciable fall in prices, and conse quently the prospects of the Company for the current year so far are favourable, it quite impossible to forecast what will be the state of the sugar market at the
Krasta end of 1320, as there are so many active (Continued at fout of next column.)
OPEN LEAGUE RESULTS,
The following are yesterday's results in
Basket Ball Open League: American Athletic Club.
Queen's College
Bouth China
U.S.S. Helena
CRICKET
· and·
CIVIL SERVICE A POLICE,
The following will represent the Civil Service 0.0. e. the Police on the ground
of the latter on Saturday at 2 p.m.-B. Burdon, C. E Clay, E. 0. Fincher, S. Hamer, G. E. Haakelt, V. M. Hast, G. T Knight, H. W. Blandford, and C.
Sara
TENNIS
POSTS
SLAZENGEB
CHAMPIONSHIP
RISELY
CHAMPIONSHIP
JUST TO HAND
THE FOLLOWING MAKES
OF
TENNIS
CERNIS BALLS NETS
(STAMPED 1930)
PRICE PER DOZ.
Meres
AYRES
CHAMPIONSHIP
WRIGHT &
DITSON CHAMPIONSHIP
GOLF BALLS
'PLUS COLONELS'
70 CENTS EACH.
CLUBS,
INCLUDING
SILVER KINGS
75. CENTS EACH. SPECIAL TERMS
ARCH COLONELS"
70 CENTS EACH.
FOR ALL SPORTS GEAR
TO
COLLEGES AND THE SERVICES.
LANE, CRAWFORD & CO.
Just received from U.S.A., a new shipment of Typewriters- different models.
109
Inspection cordially invited by-
UNIVERSAL IMPORT & EXPORT CO.
NEW
TAXI
HOTEL MANSIONS,
TOP FLOOR,
HONGKONG.
贵姦洋行
RECORDS
"CLEO"
AT
ONE STEP.
FOX-TROT.
ANDERSON'S
Powell
TELEPHONE 346
SPECIAL SHOW OF GENTLEMEN'S HIGH-CLASS
Ltd.
BOOTS AND SHOES
IN
BLACK, BROWN & WHITE FOR ALL : OCCASIONS.
MADE IN
GLACE KID-CALF,
PATENT & CANVAS
with
LEATHER RUBBER,
*NEOLIN
BINEX BOLES.
117