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THORNYCROFT
JOHN L. TORNYOROFT & CO., LIMITED,
·Skippuildala and Engineume,
LONDON, SOTHAMPION `AND BASINGSTOKE
Shanghai Oce: 10,
10, Kinkiang Road..
THE HONGKONG DAILY PRESS,
15 B.H.P. 30 B.H.P. 50 B.H.P. Engines in Stock
For quotation apply.
SHANGHAI OFFICE.
Mackintosh
and Co., Ltd.
SUMMER - UNDERWEAR
30 DOZ. MORLEY'S INDIA GAUZE VESTS
With or without Buttðus No. 02 and No. 04
SPECIAL FOR A FEW DAYS ONLY.
Regular Selling $5.00
16, Des Vaux Road.
cach. Special $3.00
HONGKONG HOTEI
LIMITED
OPERATING
RONGKONG HOTEL GARAGE
RUSSELL STREET GARAGE 2
REPULSE BAY GARAGE
caci
Phone 29.
(39
Telephone No. 32.
Telephone No. 659.
Telephone No. 881.
SOLE AGENTS FOR HONGKONG AND SOUTH CHINA'
FOR
ROLLS ROYCE
STUDEBAKER CORPORATION
WHITE COMPANY.
Cars Cars.
Commercial Trucks. Tyres & Rubber Goods, Motor Car Mascote
1540
UNITED STATES BUBBER CO.
A E LE JEUNE
HEAD OFFICE AND SHOW ROOM IN PEDDER STREET.
WHITEAWAY'S
FOR
WATERMAN'S PENS
A PEN FOR EVERY HAND.
·POPULAR PRICES.
8.6.50
No. 12'
$ 5.75
No. 194
$ 5.75
No. 72
No..72%
No. 14
No. 74
$ 6,50
8. 7.75
#
$ 8.75
No. 52
No. 54°
No. 76
$7.50 8.8.75
$12.5
SHOP AT WHITEAWAYS
THE POPULAR CASH" STORE WHERE YOUR DOLLAR GOES FARTHEST.
WHITEAWAY, LAIDLAW & CO., LTD..
"HONGKONG.
TATA BANK SENSATION. SHAREHOLDERS OBJECT TO EUROPEAN MANAGERS.
MONDAY, JUNE 2018, 1971.
- SCOTTISH SPORT. OPENING OF THE CRICKET SEASON.
The third annual general meeting, of the "Tata Industrial Bank, Ltd., held at
THE TRIUMPH OF TRE RANGERS, Bombay, on May 24th, proved a stormy оде A controversy has been going on
FROM OUR OWN CORRESPONDENT,] in the local Press for some time regard. ing the reported expensive manngement | e
EDINUCROK, April 27th. of the Bank and the employment of a The Scottish cricket season opened large number of European hands. Lung auspiciously and a good programme before the meeting commrúced · share-
holders came in large numbers and the was carried through, mostly confined to halt was fully packed. Excitement as the Glasgow district. Scores of ever high in expectation of a heated debate half a century were not uncommon, and
Sir Don TAFA, 'Chairman of the
An
Board of Directors, delivered, a lengthy exceptionally good Averages were return." speech in moving the adoption of the reed by several bowlers, Clydesdale, the port and before putting the motion to Western Union Champions, made the vote replied to certain questions by encouraging start, by their all-round the shareholdere. He said that the superiority gaining an eney victory over salary of ten Europent managers of the the Glasgow Academicals. The West of Bank was Rs. 10,730), and that of all the Scotland, barever, made a poor show ladinu assistanis was Rs. 4,325. There against a team drawn from the minor were cries of shame. Answering fur-club, of Lanarkshire,
ther questions, he said that there werele Clydesdale, 160 for 9; Glasgow Acade- seven other Europenes on salaries bemicals. 28. tween Rs. 400 und Rs 500. This state nient also was received, with cries of "*shame."
West of Scotland, 33; Lanarkshire XI..
t
Poloc, 131 far H; Irvine, 4L Drumpellier, 158 for 5: Glasgow Uni-
remity. 45.
Uddingston, 160; Glasgow High School,
F.P. 49.
Greenock, 203 for 6; Cartha, 96 for 3 Leith Franklin. 10 Watsonians; 777- RANGERS LEAGUE CHAMPIONSHIP.
The CHAIRMAN said that he wished to ace the day when Indians would be in a position to draw the-laries which the Europeans now drew shouts and crice of We are already fit.) He explained why Europeans had to be got on higher salaries and said that the lodian met Bers of the staff had received a substan- tial increase and were better paid on the-
Rangers having breasted the Lengué average than in other banks. No inere Championship tapes, broken them as w ments except on agreement had been putter of "fact, with a lead of nine given to the European employe Thesengths for points) little remains to be had no intention of increasing the Euro aid regarding the season 1920-21. Celtic peax staff and had taken 18 apprentices and Greenock Morton are the only clubs. In reply to a shareholder, the Chairman which have prevented Bangers from said the only Indian officer was in charge Scoring. Rangers highest score was of the Share Department on Rs. 400 to gained against Ayr, 79, and that after Rs. 300 grade. Ho fell ill, and the work Ayr had scored the opening goal of the got into arrears, and they had to bring a game. It has taken the Rangers six European on Rs. 1,000 from England. Foatings since then to register the same One shareholder said that while he number of guals, "ned this points to the entertained great respect for the Chair-partial rot or staleness that has recently man, he wished to point out that the shown itself. That the Rangers' finest directors relied upon the European qualities "are not monopolised by the managers who brought these young Euro- forwards is shown by the number of peins The Chairman said that the times (13) that only one goal separated appointments were milde with the consent them from their opponents at the end of of the directors Another shareholder the games. remarked' “These thrigh are done by Indian directors." (Cries of shame," and laughter y
Another shareholder said that they, as Indians, could not endorse as correct the statement of the Chairman, that Indians did not like to drudge from the bottom to a high position. Indians did as hard work as, if not harder than, the Europeans
The CHAIEMAN said that he had gone into the matter as a member of the Indus trial Commission, and it was his convic tion and experience that nobody worked lito a European when it was necessary. He gave an endrance on behalf of the directors that Indians with the requisite qualifications would be appointed to higher posts when they became vacant.
The CHAIRKAN, summing up, said that if they wanted the largest prolts they
Of Rangers regular team, only the goal-keeper and the full backs have failed to score one or more gouls. SCOTTISH LEAGUE.
Association clubs are nearing the end of their season, and few alterations of interest can now be made on the League table The event of the week was Celtic's score against Hibernians, but the latter played a rather soft game. Gangers, however, had to fight for their solitary goal against Third Lanark. Queen's Park once more showed them- selver no match for the Heart of Mid-
And the other games Lothian. without special incident
Celtic, 1; Ordebank, 1. Rogers: St. Mirren, 0. Motherwell, 2: Queen's Park, 1. Hearts. 4 Queen Park, p.
must employ the best talent i Celtic, o; Hibs, 0.
of race.". They did not
He
men because they were en employed them in the-
of the shareholders to build up an efficient or günisation and establish the bank Graly, assured the meeting on behalf of the directors, that they would employ more Indian and were longing to see the day. when hians would occupy high posta In the initial stage they wanted an effi- cient staff, to see that every stone was truly laid, and on that should be formed au efficient and competent Indian staff y
were
Third Lanark, 0; Ring rs, 1. Falkirk, G; Aberdeen. 0. Dundee 2; St. Mirren, 0. Clyde, 2; Raith Rovers, 1. Albion Rovers, 3; Dumberton, 0. Partick Thistle. 0; Ayr, 0...... Clydebank.. 1; Motherwell, 2, -Hamilton Aends., 4; Greenock Morton,
supply the growing need of a growing ANCIENT MARINER'S DREAM, institution. (Cries of Quite right.")
IN THE CHINA SEA.
The CHAIRMAN, on account of the noise! THOUGHT HE WAS IN HURRICANE and confusion, could not finish his speech. When the motion for the adoption of
the report and accounts was put to the vote the Chairman declared it carried. There
An ancient mariner appeared in the was a loud demand for a division on the dock at Hampstead Police Court, on May part of the shareholders and a carefuld. He was Charles Smith, aged Berutiny of votes was demanded.
The CEMIEMAN had to yield to a fresh scrutiny at the end of which he declared the motion for adoption of the annui report of the Bank as lost.
This was received with loud cries and cheers. The meeting was adjourned for a week.
SHAREHOLDERS MEET AGAIN.
eighty, an America sailor, of no fixed abode, and the charge against him was that he had been found wandering abroad without visible means of subsistence.
In a voice like a foghorn he pleaded not guilty, and said: "I was not wandering abroad. I was found in a peaceful sleep."
A police officer said that shortly after midnight, hearing snores coming from a garden in Willow-read, he looked over the gate and say the prisoner lying asleep in the centre of the lawn, shamefully treated,
The prisoner declared that be had been “I was," he said,
The adjourned meeting was held on Jung 3st win the shareholders, muster ing in large numbers, showed greater hen and excitement than at the last meeting The Chairman announced that as the r sult of the actual voting, the Directo report and annual statement of accounts in a beautiful sleep, dreaming of a were carried by a large majority. A
voyage, which I made to China in 1808, shareholder then proposed that the cial burden of the Bank be reduced by d when I was violently aroused by the terminating the services of as many
bliceman I thought at first that the pean officials as was possible The Chip had been struck by a hurricane and man ruled it out of order. When the that I had been hurled into the sea."
-
election of those Directors. retiring Phy How long have you been in Esg rotation came up the name of Mr. Ari- land? asked the Clerk. strong was proposed for re-election. Chairman, replying to questions regard ing this Director, said Mr. Armstrong,
whether
ther in Bombay or in London, was always of immense benefit to the Bank.
K. NAIMAN moved an amendment proposing the election
Gardar in place of Mr
Two years,” replied the mariner. I can't go to ses now. The decks are too hard for my feet."
Are you married?-Married? Holy spakes, no.net
"Why don't you go into the casual of Mr. Shapurjee wards instead of sleeping out-They ground that Mr. Shapurjes had the con- old: In Americs you can sleep where Armstrong, on the make you work there I am eighty years Edence of the shareholders. The Cas
He was remanded.
KAN ruled the motion out of order. Mr. you like.. NARIMAN Protested saying the sharehold. ors were not going to allow their rights
to bo trampled on in this manner and pressed the Chairisan to reconsider the IF YOUR WEAR GLASSES - raling. The Chairman again declared in
NM
out**
of order, thereupon Mr. DUMABIA, M.L.C. moved du, amendment there is almost as much comfort and that the meating be postponed for a week pleasure in wearing Pinos-nez Ere and meanwhile legal opinion be taken in Glasses, as there is in possessing a the matter.
perfect pair of eyes-for they it so com
At this stage there was further confu
Bion and noise and a pasange at arms fortable and secure that you forget you between the CHAIRMAN and Mr. DUMABIA, have them on-the most important im- Boros shareholders remarked that the
general body of them had lost confidence provement in eye-glasses in the past: in the Board of Directors, e
twenty-five years," Pince-nez Eye Glasses
The CHAIRMAN retorted that those pre
sent did not represent all the sharehold of any prescription in either regular or erá. The Directors had to manage the Torie for are manufactured by the affairs of the Bank to the best of their ability and in the intercets of the Hongkong Option Co., successors to majority of the shareholders...
Olark&Co., Manufacturing and Re The amendment of Mr. DUMARIA was fraeling. Opticians the most competent put to the vote and carried. There was great opposition when a poll was demand optical manufacturing establishment is ed, and the meeting adjourned for another South China-located in 53, ., Queen's week
Road Central. Anyzik az
[509
APPOINTMENT
Apollinaris
NATURAL MINERAL WATER.
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AS
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do. Especiales...83.50 25'8 Jockey Club...$4.60 25' Londres Perfectos: $3,00 25'8.
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