Bath
Bedroom Slippers
Bath
Robes.
Wholesale only:
THE HONGKONG DAILY PRESS, WEDNESDAY, AUGUST 27TH, 1924
PYJAMAS
quetcalled for
QUALITY DURABILITY anıl
VALUE.
free lines All cut specially for us n that prevent tightness at any point movement. and give full freedom of Stocked in suitable cloths for present wear.
Mackintosh & Co., Ltd.
MEN'S WEAR SPECIALISTS. Alexandrs Buliding.
Des. Youx Road.
As good as really good cigarettes can be."
Obtainable at
Lane, Crawford, Ltd., Tabaqueria Filipina, Graeco Egyptian Tobacco Store, and all high class Tobacconists.
At 95 cents per tiu of 50.
Kensitas Cigarettes Sir
DONNELLY & WHYTE,
Distributors for Hongkong and South China,
ARRIVED.
JUST
HUNTLEY &
FRESH SUPPLIES OF
PALMERS
PEEK FREAN.
JACOB'S
FANCY ASSORTED
BISCUITS.
THE SINCERE CO., LTD.
WHITEAWAY'S
LAST WEEK
OF
SUMMER
SALE
25th to 30th
"
GREAT BARGAIN
WEEK.
HALF PRICE-QUARTER PRICE
AND
DOLLAR BARGAINS IN EVERY DEPARTMENT.
DO NOT MISS THESE.
WHITEAWAY, LAIDLAW & CO., LTD.
SHANGHAI COTTON CO.S
Nodaira
}
HALF A MILLION DEFICIT
The CHAIRMAN in presenting the report and aregunts for the year ended June anth, 1994, said:
The result of the year under review has
THE CLUB IDEA IN
WELFARE WORK.
Y.M.0.A. ACTIVITIES IN
HONGKONG.
LANDLORD, TENANT. AN OBJECTING TO ROASTING CHESTNETS.
An action was heard in the Summary
い
Mr. Arculli said that was an 'action.
'MONERTHON'S CRITICISMS. Mr. Robertsun asked why, whon the BAD YEAR.
directors found that the markets were CRITICISM OF MANAGEMENT.
against them and that they were tot making profits, they started night work LOANS AT 18 PER CENT,
in No. 3 mill. Things being bad, it ap Not the least among the many differ. Court yesterday morning. before Mr. The annual meeting of shareholders inpeared to hit they were thus making en phases of welfare work promoted by Justice Dyrr Ball, in which Eam Wai the Chinese Y.M.C.A., for the benfit of Man claimed the sum of 8140" from the the Shanghai Cotton Manufacturing Co., them worse. Ltd was held last week at the offices of The CHAIRMAN, replied that No. 3 rail the people of Hongkong is'that of organ | Lo Tsz Young firm for use and occupation the Mitsui Bussan Kaisha, Ltd., agents. was for weaving purposes and on accounting groups of men and lwys into clubs of a room at No. 76. Hollywood Boul.
Mr. Al Arculli" appeared for the The directors present were: Messrs II of weaving they had "been able to mini-for definite purposes. The development
of ehib spirit and of various forms of plaintiff and Mr. F. E. Nash represented (chairman) K Otani, K.mise their losses.
club activities in the Association has the defendant firm. Kurada, John "Prentice and W. S Mr. ROBERTSON suggested that the ren Dyer, and the attendaned represented son, was that they engaged labour in opened the way for a larger measure of 68cmai shares, 214 shareholders being pre-order to buy off opposition" and having that stimulating influence of than on man for the recovery of certain monies for the sent personally and by proxy. / engaged this labour had to employ it in which this organization has always sought
night work. The speaker next asked to magnify. Experience has shown that secupation of promises. It was sume of the results which the members of not the usual claims for possession. The what the position of the company was
Boad The plaintiff was, a dealer in mindedness, mradeship. to-day. What were they doing with Tis. these clubs and are: congeniality. like-premises concerned were 73, Hollywood
vecreation, 3,000,000 worth of stocks? Were they stimulation and instruction in the particpium, while the defendant was a dealer being sold at a profit or a loss, and what cular objects discussed, and development in preserved eggs and other food stuffs. was going to be the limit of loss t
along those lines for which they have The plaintiff, defendant and another firm On the left The CHAIRMAN replied that they were joined together These' clubs blend occupied the ground floor. selling at the best prices obtainable, but healthful comradeship with defeite, par-hand side of the kuchent of this floor, that in some instances they had had to pose and are no less altruistic than they there was a room occupied by plaintiff's sell at a little loss. He was unable to are social and educational,
wife. A portion of the floor was let to As indicative of the varied interests the defendant on the usual monthly agree give exact figures for working since June
served and is informative in regard toment at 240 a month in Cetolier," 1921. what these organized groups really are, Defendant's room adjoined the room following is listed the names of the clubs occupied by plaintiff's wife In August, 1922, the defendant commenced to fry
Shortly chestnuts. This stoner and the other occupants objected. after than the plaintiff's wife went back to the country and defendant asked if Musical Chinese Musical Club.
he could have the use of the room to fry Literary: English Debating Club, Chin-chestunts Plaintiff agreed to let him.
couple of months, Debating Club, Library Club, Story have the room fer a
AN the end of two" months the room was telling Club, Newspaper Club
handed back." Sometime during eighth moon of last year the defendant agai Applied for the use of the routh for the Plaintif purpose of frying chestnuts. again et bin have the room for swa months. At the end of two months de- Civic: Christian Citizenship Training fenilant refused to give up the room and offered $15 rent a month. The plaintiff Group, Self-Governing Clus
Spiritual: Bible Study Club. Fellowship | refused the offer and demanded posus- Club, Service Group. །
sion. It was not given up in this May Physical: Swimming Club, Group 10th of this year and plaintiff wrote Games Clab, Walking Club."
defendant, stating of possession was nut given up rent at 850 a month would be charged. The first demand for possis Most of these chubs have developed an was made on February 19th and from from within outward and have had that day to May 13th plaintiff claimed natural growth, the result of a need that $20 a month for use and wccupation. was felt. A club exists for the pleasure From May 19th to June 19th he claimes and profit of its members. It does not, $50 a month as rent- however, reach the highest level of use- fulness rither t to its members or to others unless serviced holds a large share in its programme. The Associnition, there fire, holds the highest type of altruism as an ideal toward which its club mem- hers should work.--(unimaxicated.
been disastrous, in fact, the worst on record since the establishment of the com- pany. My reparks at the last year's meeting have unfortunately come true; and we are now facing a deficit of over half a million, which amount is equivalent to one-half of the amount recently Balled fos on new ane of shares. Had it not been for the fairly good results achieved th. by our weaving department; the loss suis- tain would have been greater. There were no improvements in the conditions of trade to which referred at the last year's meeting: the high cest of raw cot, ton and low price of manufactured goods, being the restle political and co- omical disturbances so hopelessly existing all over the country. The gloomy outlook is still hanging over, us and there are no signs of improvement, in fact, the deplor alle state of affairs in this country seems to be going from bad to worse, The speculative element is not at all diminish ing and its menace is severely felt, urti enlarly in our traile.
The immediate future of cotton business largely depends upon the result of the new crop. Should the present high cost of raw material remain unchanged, it is inevitalde "tant many disastrous effects would ensue such as the cloring down of will faétories, and increased unemploy ment.
Compulsory curtailment of mills' work- ing was discussed frota time to time by various owners, but unfortunately no agreement was reached. However, I am informed that the majority of mills are how shortening their working capacity on
their own accord.
In spite of this adverse state of affairs, both buildings and machinery, etc., were kept in first class urder, we having spent ever Tis. 120,000 on same (charged to the working account Some alterations were made to improve atmospheric conditions inside the nilla resulting in more hygienic working conditions and higher efficiency on the part of the workers.
NO CHILDREN "UNDLE 12. The question of child labour has recent- y attracted public comment, and I am glad state that your mills have always been very careful in this respect, even to the displeasure of some of the workers, and theecndition of your mills is quite above the standard. No children under 12 years of age are being enrolled. With regard to working hours, etc.. they are well within the limit which appeared in the recommendations of the Municipal Comunission.
:
Mr. RoBentsos suggested that the man- ager of a concern ought to be able to say at any time within a close point whether it was making or losing money. He in- ferred from the chairman's remarks that they were trading absolutely at a loss. It was all very well for the chairman to ay the directors haped things wonki iz prove, bus the statement meant nothing and was of no value whatever. He would tell them it was not the cutton crop that was going to wipe out their loss. They had got to come nearer home, put their own house in order and cut lows ox. penses. Then probably they might come our with a balance on the right side. But as long as they went on as they had been doing during the last three years, their debit balance would increase every year. The CHAIRMAN: Every effort has lee made to economise in the mills.
"PROPOSAL TO 'HEYUSE REPORT. Mr. ROBERTSON then said that if he bad A serunder he would propose an amend. ment that the report and accounts be referred back to the directors until they could give shareholders one that was more acceptable.
3. D. Hans said be agreed with what Mr. Robertsch had said.
The following resolutionH were then carried:
Proposed by the CHAIRMAN, secunded by Mr. PassTICK: That the report, hal ance sheet and general inventory of assets and profit and loss account for the fourth financial year ended June 30th, be adopt ed and passed.
Proposed by the CHAIRMAN, scenaded by Mr. PRENTICE: That the directors' sug- gestion in dealing with the balance at dehit of profit and loss account be sane- tioned and passed.
Proposed by the CHAIRMAN, seconded by Mr. PRENTICE: That the number of directors be increased from six to seven, and that Mr. Kenzo Gonno he eluted as a director of the company."
being conducted, with large or small numbers of men or hoys, by the Hongkong Y.M.C.A.; ¤ ̧-
Art: Camera Chib.
Scientih Radio Club Dramatic: Evening School Theatrical (lub, Day, Schook Theatrical Club, Junior Theatrical Club,
11
Miscellaneous Stamp Colk cing Club, Ushers Club Ambulance Brigade.
SHANGHAI RACING MEN
The plaintif in the entirse of his evidence said that the dispute was placed before the Chinese Tenants (Puild before it was finally placed in the hands of the solicitors. The Guild decided that de- fenstant was in the wrong and that he could not have the room.
Cross-examined, witness said the rent for the whole floor was $62.30 a woon.
Re-examined. witness said this was the. amoint he paid to the landlord.
Oh of the partners in the defendant firmu said that when he took over bis ortion of the fear he had the room 2 question fitted with electric lights. Thus rent he paid for his portion of the floor A further witness was cited by Mr included that of the room. Arvulli, who stated that he was occupation of a portion of the floor what's the defendant took the ovenpation. He
AT HOME. Now-days we hear quite a lot of gossip about Shanghai racing men" at Home and their horses and it is pleasant news that some of them are meeting with
measure of success, says the Proposed by Mr. H. "Kay, seuoaded by Daily Sex. Of course, the most interest Mr. T. KOND: That Meaars. E. S. Wilkin centres in Mr. H. E. Morriss fine" two son and T. Takahashi be elected an audi-year-old by Phalaris out of Waffles, who,
urs of the company in place of those if he maintains the form he has shown was asked a number of questions by Mr. retiring.
He..
hiiberto, should be well up in the winter Arculli but although he had bren ocenpa- betting on the Derby. He started a rag. tion the whoir of the time he did not ing favourite for the National Breeders appear to know what had transpired Produce Stakes at Sandown Park, which between plaintif and defendant: is about the most interesting of the two-drated making a statement on the matter year-old races, and was beaten into third to Mr. Arcull's interpreter. by three-quarters and half-a-length. It. Aruulli put his interpreter into the
".. SUPERLATIVELY AUTOCESTIC
on this resclation, Mr. Speaking As to the deprecintion on your assets, although it has been our fixed policy to Routersos agreed to the appointment of write off as guch as possible, the un- Mr. Takahashi but objected to Mr. Wil precedented result of the your makes it kinson, who he said was not eligible and unjustifiable to transfer the amount of was not wanted. depreciation either to Reserve Fund or The CHAIRMAN: The resolution has has since been ascertained that he swerved box to disprove the latter part of the
to new account, knowing that the present been carried.
very badly towards the finish, which prob-
buuk values are quite below the actual Mc. Rousos: Naturalig. In this aly cost him the race.
Manna was sent out again at Good unes. I carnestly, hope that a prosper-superlatively autocratically run company, wood, where he romped away with the ous year will sunn come ruiiul again and anything is possildes that we may be able to follow our past The CHAIRMAN next proposed that at Richmond Stakes ["policy, in writing off generously...
"Every effort was given to minimise our production cost and most diligent super- vision was given over expenses. The staff and workers have alsy gen reduced in numbers.
Now turning to the questium of Jagner, to par great regret, constant insuficiency of funds has placed the management under great difficulty, and sacrifices have had to be made on several ocensions in disposing of our stocks.
Although your Directors, and Agents have done and will do the utmost in their power in obtaining financial 'accommoda. tion elsewhere a reasonable terms, I m afraid, that we might find ourselves com. pelled to seek means other than loans.
Certain shareholders have muggested that in floating debentures for the pur- puse of redemption of the loans, it would save the Cominny from large outlay of interest, to which your Directors are also giving bareful consideration.
last withes's statement. He produced n written statement which the last witness. made in his personee
His Lordship? in delivering judgment referral to his visit to the premises when be observed this chestnut roasting apparatus had boru justa tag in the room and that retric light had been specially 6tted there. He hardly thought the land- lord would allow defendant to put in lights, install an apparatus and net charge anything for the use of the room." He did not think the plaintiff had made
the discretion of the directors A gratuity Mr. John Johnstone, it was understood, be paid to the staff for the past year. bought quite formidable string of Mr. Ronzuras said he had much plea horses when be settled down at Home, sure in seconding this. The intanter was but for a while was not very fortunate worthy of his hire-(though he did not with them. However, at the recent Ay always get it)-and the staff were not Meeting, his Jacquot ran second and at responsible for the present condition of Lanark, where he officiated as an acting the company's airs. He suggested that Steward, Mrs. Jabbok carried his colours out his case. Judgment would therefore the directors should, waive their fees and into a third. pay the bonus with then so as not to increase the debil balance.
The resolution was carried and the marting terminatexi.—N.65% Daily News
CINEMA NOTES.
THE CORONET.
£
be entered for the defendant with costs..
COLIE'S QUAINT PLEA WHEN
CHARGED WITH THEFT.
...
the
Mr. H." E. Arnold also is understood for a long time to have had a few horses in the care of that astute trainer, Tabor, CLOTHED WHILE HE SLEPT. at Epsom, and he, too, now has had some success. His was only a selling plate win, at Burst Park, on July 20th, but h must have been well pleased, for it was quite a'useful coup, his, Can Do, by
Kung Tung, a colle, was charged be- Kwang So, ut of Vesubic, starting at for Mr. B. W. Hamilton at the Kowloon $1 and winning by a short head in Magistraey, yesterday, with the theft Showing in the Coronet Theatre again field of 17. Talking about coups, an- this evening is the excellent double pro- other mesange" saya,
The Shanghai con of a pair of slippers, a pair of cotton gramme comprising An Old Fashioned tingent tickied up the ring at Sandown trousers and a singlet
The complainant, a fireman on Boy,"
and Ray, starring Charles
over the Eclipse Stakes, in which Burgiar by Proxy, starring Jack get Polypharts at the dice price of 71. Sham Shui Po ferry launch Man Lek, Fickford
Of Mr. Billy Hill. Mr. Arabold's eldstated in evidence that he missed the jockey in Shanghai, it is reported that articles during the early hours of Mon- Dusty attics, with a curtain weirdly
oner Shanghai people had met him out aay morning, and very shortly afterwards. who wrote in suggesting a
Mr. LE CANNING said that as one tapping on the due window, through racing and that he was looking fit. nad perceived the defendant lying on the
wharf wearing the clothes. debenture which it full moon casts an unearthly well but was a bit on the heavy side. issue, he was bound to say that when he sheen; lonely roads on dark nights, took up the report a week ago and real bowered by huge trees behind the trunks ized that the company had paid over TIS. of which, who knows what dangers Jurk 220,000 interest on a loan which he took to asknil one from behind in passing; a
te to be a factuation loan of roughly Tls. deserted barn on a hillside, with the 2.700.gen. he cant to. the conclusion that midnight, wind meaning through its the company was paying rather an ex-riddled sides, like sum tortured being in HUPER PROVINCIAL ASSEMBLY'S hard labour for fourteen, tlays arhi, ut at da, bersed to interview similarly sonies are said to fail to do to that unelaion, called
* EXORBITANT INTEREST.
WORLD TUKATZE
dozen
:
FOREIGN INTERESTS AT HANKOW.
#
ACTIVITIES.
ぶ
most
The Hupeh Provincial Assembly is interesting itself in an effort to secure
the manager and chairs and was injustice to the ererny situations that makes
one of the Itching Talms formed that the company had been pay- ing as much as 15 per cent interest. In mystericus of mystery plays to reach the
the reversion to China "of the territory
The defendant denied the theft, and asserted that some.wicked man" must fave put the garments on him while he slept. He woke up and found them on his body, and went to sleep again.
The Magistrate sent him to prison with
COUNTERFEIT COINS. WOMAN WHO SWINDLED HAWKERS.
"
When a woman was charged before Mr.
a place like Shanghai, he thought that screen in several years.
So that patrons of the World Theatre of the British Concession at Hankow. The was rather going too puch, to say: the ienst. In his letter, he sugges.cd that, if where Itching Palas" is now show-lease, it is nasserted, will expire shortly. the company had assets amounting to ing will not form the impression that At the same time the Assembly requests Tis. 10,000,000 the company could quite they will be sent home in no fit condition the Wuching Administration to furnish Lindsell at the Central Magistracy yes easily Boat & debenture issue of 178, to sleep. The management of the World copies of any agreement or treaty con- terday with passing spurious hongkong
Theatre
explains that the mystery which ceraing the territories of other foreign 20-cent pieces, it was stated by the police 3,000,000, possibly at 81 per cent.; even makes Itching Palms such a thriller concessions as well as the fronts of the that she testlered some of them to three- nine would be better than the rates they is fully penetrated and exnlained before Yangtze River granted to Messrs. Butter tobacco-readors in payment for cigarettes. had been paying. He hoped that the the play ends, to the relief and the joy Board would seriously consider a deben- of all. There
paaies either by the Government or by ture issue. to cover at any rate the loan Itching Palmeren't any ghosts in uel and Swire and other foreign com she tlso gave one to a hawker in pur- it is explained. private bodies as wharves so that the sites The Magistrate sent the woman to gaol now outstanding."
although you are almost converted to a belief in spooks when you observe the can be restituted as soon as the term for two months, and ordered the coins.
expire..
to be destroyed strange happeninga
The CHAIRMAN replied that the directors were going into the matter.
chasing 5-ceats worth of fish.
Н