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in' Flannel or Ootton $5.50, $50, $7,50,
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With Creje Rubber Solen $80, $11.50, $19.50
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MEN'S WEAR SPECIALISTS
Alexandra Bullding, Des Voeux Road
Haning the
*
take a peq
John
By Appointment
sana 35.4%.
THE HONGKONG DAILY PRESS, WEDNESDAY, MARCH
FLANNEL BLAZERS To order from $25,00.
i
4TH, 1925
HONGKONG JOCKEY CLUB. BROGRAMME. ISSUED FOR SECOND
· EXTRA MEETING.
[[DE ARGUM]
"
The CHAIRMAN, replying, said, bo was We propose at you will see from the
very much obliged to Mr Braga for the Report, paying a final dividend of $ind resolution that he had unde. He on the old shares, and is cents on the was sure that the shareholders werd in new shares, which compares very favour the way of receiving the very hast atten ably with the previous year, being in faction from him, as Green Island Canent Company had always been a fawurite I might may in of his. He recalled the unlavours only 7 "gents short,
proposal of the form parenthesis that the new capital has not able reception the yet contributed to the earnings of the ton of a local cement compary mot with race meeting, to be held under the nm- Europeans pooh-poohed the idea and his pices of the Hongkong Jockey Club, on Company.
Chinese friends that it stack..
Saturday afternoon, March 21st, was issued yesterday.
COMPANY MEETINGS..
GREEN ISLAND CEMENT CO., LTD. The 38th Onlinary Annual Meeting of shareholders of the Green Island Cement Company, Limited, was held at the Offices of the Company, St. George's Building, Chater Road, yesterday at 11 o'clock, for the purpose of receiving a statement of accounts and the report of the Directors for the year ending December 31st. 1924.
M. R. G. Shewan presided, and there were also present Mosara, J. Scott Hap ston, Allar Cameron, C. A. da Roza C-To pay a Final Dividend of F. Mendham and Li Tse Fong (directors); #1 per share on the Old
Shares Mr. Allan Keith (secretary); and the
To pay a Final Dividend of following shareholders: Messrs. F. P. de
$0.15 per share, on the New Shares V. Soares, Wa T. Shewan. F. H. Kex, M. A. Razack, J. F. da Rocha, P. M. N. da Sisn, Tong Hok Ting, F. X. A da Silva, A. Figueiredo, F. X. V. Ribeiro,
I now move that the Report and Au- counts as presented be adopted and. the balance at the credit of Profit and Loss Account be dealt with as follows:
Ta carry forward to the redit
of next year's account
F Grosse, Ng Sau, Soo Pei Shu, H. Sayth, F. M. Ellie, H. A: Lammer, E. Abrahan: E. M. Raymond, A. Alves, Kitcheh, Man Pan La, Chom PornMin, đi P. Braga, J. M. Alves, W. 3. Carroll, T. E. Sayce, M. A. Hemedios, H. H. Tayler WE Van Epps, A. J. Edgar. S Remedios, W Logan, F. Ivanovich, Aon H. M. da Siha and J. S. Murray,
The Secretary having tend the notice
TAKE A PEGving the meeting.
OF
JOHN BEGG
BLUF CAP
AND
GOLD CAP
Begg DONNELLY
The
Scotch Whisky)
that has been supplied to all the Royal Palace for 75 youn JOSE BEOG LTD, GLASCOW | nd 106, Faucherch 5, London, RG1
JUST
WHYTE,
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BOLES AGENTS.
ARRIVE'D.
FRESH CUPPLIES OF
HUNTLEY & PALMERS
PEEK FREAN
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FANCY ASSORTED
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THE SINCERE CO., LTD.
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THE CELEBRATED
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THE OUTSTANDIKE
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The CHAIRMAN said: The Report nod the ti'st December, 1841, anglez been in. Statement of Accounts for the year ending your bands for the past few days, I will, with your permission. take them as read The result of the year's work is, as will notice, less than that of 109, but for the greater part of the year we had to contend with severe competition and Rfected. our profits were adversely However, these consignments of cement from abroad have evidently been sold at a loss as the insportation fell off towards the end of the year when we found our output was hardly sufficient to cope with the demands made upon it.
Since the beginning of the year the demand has been strong and areis likely to continue.
rended
$500,000.00
69,001.00.
The programme for the second extra
(Laughter.) He found some pride in the position it had now wached.. sorry that there was so much, he would There are eight events down for deci not any feeling. but "warm feeling at sion. The conditions are lang similar the last meeting, and he was sorre some of their old friends left... The Board of lines to the programme for the first extra Directors at present in charge of the meeting: last year,, except that the Lin- Company's affairs took a keen interest and were
unt too lazy to check: their cuthshire Handiesa "(1 miles), for China
ponies is to be divided into two lasse General Managers,
This concluded the meeting
Another innovation is that novices will be entitled to claim the 5 lbs jockey
11. H. & R. WHARF & GODON G01 allowance in the four bandicap down for
$374,591.32
and when this has been seconded,, I shall he pleased, to the best of my ability, to answer any questions shareholders. "may minh to put
Mr. A. DA Roza saeunded: the report and accounts.
Mr. H. SMYTH E notice the demurrage- lighters is very heavy. Conld is not he unimised t
The CHAIRMAN: It is minimised. I assure you..
Mr. SMYTE: I understand there was a The CHAIRMAN NO, DO. We had quito shortage of limestone during the year? an accumulation of stone.
The 9th andinary annual mooting of decision, and, in all the other events ex- shareholders in the Hongkong: and Hese cept the Aggregate Stakes..
The Best event (1 mile) is closed to loon Wharf and fiodown Co., Ltd.,, was at the offices of Messrs. Jartline, Mathieson subscription griffins (whether starters or Held yesterday as noon in the Boardroom and Co. Mr. B. Di F. Baith preside nos) of any season that have never won
The CHAIRMAN said: Gentlemen,The an "official" race.
4
Report and Accounts having been in The Bainton Pläne (6 furlongs) for you are agreeable, to take them as read." Band "A." classes, handicaps for your hands for sonic time.. I propose, if The past year's working at the wharves all China ponies come next in order. discloses a large increase in our outnings
The first Aggregate Stakes (1 mile) is from all sources, thus enabling your. Dire the fourth event down for decision, and↑ tors to recommend payment of the same dividend as last year and imurcasing the should attract good entries.
"Non-winning grillins of this season are honus from $3 to $5 per share. We are caterrel for in the Cusick Madden Plate taking advantage of the factors (m. 165yds.), in which ponies that have Mr. SMYTH: Was there not a shortagesult of the year's working to write dawn
not ran into a place can claim an allow the year? of Haiphong, stone at the latter end of the value of buildings, wharvos, Highsors,
launches, etc. to a greater extent that age of 5. l. Though not mentioned, previously as the deterioration of these right for inches presumably will be the
Therder of the day, subject to the allow assets increases with their age. total gure allocated for this purpose is ance aforesnik $349,798.41 against 2243,214.02 in. 1921. I feel sure our policy in this direction will meet with your approval!.
The CHAIRMAN: At no time was there any shortage of Haiphong stone.
Mf. SMYTH: Can you give me any idea of the reirney of the dust proof room!
The CHAIRMAN: It has done all we ex- perted of it. Has not covered its cost. We were compelled to put it up. The matter was gone into thoughly ata
The CHAIRMAN Yes: all that was ex- plained at the last meeting
Mr. SMYTH: Is it efficient? The CHAIRMAN Yes..
TO
The Brocklesby Stakes (1 mile) is open to China ponies, subscription griffias of 15. Weight for inches as per scule. Winners of one race 3 lbs., extra; of two 1 lbs. extra.. l'upinced ponies are Faces 7 lbs. extra: of three or more races
at
During the year, the Hailway siding connecting unr premises with the Kow previous meeting.
loon-Canton Railway was completed, and Mr. SMYTH :
This event will enable Poppy Leaf, WE it ordered by the we have now installed a large steam orune allowed in lbs. Government?
capable of handling lifts up to tons Two Pairs, Mowgli, Demon Lai, King in weight, from lighters dirent to Rail-
Ptolems. King. Louis AB, Joe and way waggons. We also purchased Tadworth to meet, though it is wulikely new 5-ton cranes; these add considerably that all will, faey the starter, but new. to the cargo handling facilities at the A powerfid steam. a. the
the entners may help to swell the field in view Mr. SMYTH: The roof has been blown down as handed over cm us by the fof this year's batch being so moderate.
Korloon, Builders in August and has since proved Entries is on Saturday next
the Chief interest, of cutarse, centres on the scful addition to our feet of launches run The Port Engineer's Report on development of the Harbour has been nominations for the Aggregate Stakes, published, but so far na definite action wou bast year by Spotted Sand. has yet been decided upon. We are not popularida hus been amiss since the big in a position, therefore, to guage to what meeting, but a representative Seld should extent if any, the ultimate scheme will be assured from among the old brigado careful consideration to the question of affect this Company, but we are giving and some of this year's griffins. placing the Company in a position to take full advantage of the increasing, trade of the Colony.
Thie
We have made but little progress with Gin Drinker's Bay, as we have not yet been able to come to terms with the Government regarding the purchase of off one or twice f the necessary land-the ternis they first
The CHAIRMAN: Yes; it has been blown proposed bring quite unacceptable. off one or twice.. Negotiations are, however, continuing
Mr. Sarra: During the year I wrote and we have every reason to believe that in for certain information. It and nothing, & satisfactory arrangement will soon be to do with the fluctuation of shares, but the gist of my letter was very soon in cantine we nave last o tinie in en- Ice House Street. The Directors did not deavouring to increase our output
I asked for. 2t Hok Up and Macao. At the fornierive the information place we have installed two new Siechan to the discretion of the Directors. We The CHURMAN: You have to leave that
The programme has been so drawn up eal tirate Kilis, one of which is working have to protect aff the shareholders.
that owners should find little difficulty quite satisfactorily, both regards
Replying to AL further question the
in placing their ponies, which was not the case last Saturday as regards win. quality and quantity, and the other is
CHAIRMAN said; I thought I had pointed only waiting for the requisite grinding out that the Directors chest give one
They either I do not think there is any more that aing subscription grilios machinery which should arrive here within shareholder information in advance of calls for comment, and I now beg to bad to start in the Fanling Handicap or the next two or three, pionths. For Macao
the stables. The Stewards others. A. Inforamtion desired was
have done well to remove the cause for we nave ordered two Rotary Grate Kiln at the annual beeting, when li propose the adoption of the report and semain in to take the place of the Aalborg Kirs,uestions were willingly rupired to. The Hon. Sir PAUL CHATER seconded, comphunt. which will man an increase in produc Mr. SMYTH: Are shareholders entitled and the report and accounts were un tion of about 40 per cent. on the present to information other than at the annual animously adopted. output. These kilns are being erect-
meeting? ed and new grinding machinery is coming out from home. We shall probably he producing cement from these kilns about
the end of the year.-
RIN
As regards Deep Water Bay, you will notice the earnings are slightly larger than last year. The new Brick Kiln es beed at work for the past 3 months turning out about 15,000 bricks per day, which are of good quality, and find a ready sale. As the result is so good we have ordered another brick making machine which should increase this output to 30,000 bricks.
The CHAIRMAN: I do not think they Are, certainly not to information which we consider would be detrimental to the best interests of the Company and the
other shareholders.
Mr. Saves: Does the compradore sell cement on his own account or on com-
mission
The CRAIAN: He does not sell it at all.
Another shareholder asked what the property at Castle Peak fetched.
The CHAIRMAN: Just a little over what we paid for it. I think Mr. Keith has the actual figures.
Mr. KEITH stated that it fetched $11,000, and cost $10,000.
M B.. N DA SILVA secondled.
accounts,
The confirmation of Messrs. C. Gordon Mackie, T. C. Compton and A. S. D Cousland as Directors was proposed "by Mr. N. V. A. CROCHER, "seconded by Mr. CHAU SIU KT, and carried unanimously. "Mr. P. M. N. Da Silva proposed and Mr.
F. M. ELLIR seconded that the retiring Directors, Messrs. A. Cameron and A. Gubbay, be re-elected, and the notion was poimously carried.
LOCAL SPORT.
LAWN TENNIS,
HKCC TOURNAMENT.
ü
The Hongkong Cricket Club Lawn Ten- is Tournament was continued yesterday alternoon, when one game in the Open Mr. C. H. Kew proposed, and Mr. Championship Singles was played, Ho YVAKOVITCH seconded, that Messrs. Lin Ka Lau niceting Dzo Tak Sung. After stead & Davies and Messrs. Smith, Seth an interesting game. Ho Ka Lau won & Fleming the re-elected auditors at (61. p-2, 6-8), S. Fujita entered the third rate of renumeration of $1,000 for each round of the same event by obtaining a firm. The motion was carried unanimous.walk over from Mr. Fitz Henry.
15.
The CHAIRMAN announced that dividend warrants could he obtained on applica tion on Wednesday, March 4th,
TOKYO WIRELESS. AMBITIOUS PROGRAMME.
HOCKLY.
BRITISH NAVAL ESTIMATES
THE PACIFIC PROBLEM.
A writer of Naval Note in a Hoon paper says:----
As to the supply of limestone, which as you know is a very important matter to this Company, the continnal unrest in and around Canton has practically pat
The report and accounts were adopted. an end to the importation of limestone Mr. H. A. LAMMERT proposed that the
The following will represent the Hong- from these districts, but we have recently appointment of Mr. J. Scult Harston and
kong Hockey Club against the 5th- Those present at the meeting were: signed a contrast with the Eastern Mi- Mr. Allan Cameron to the Board of Mr. B. D. F. Beith (Chairman), the Hon. Punjabis at the Marine at 5.15 p.m. to lux Company for a supply of stone from Directors he confirmed; and that lessrs. Sir Paul Chater, the Hon. Mr. A. 0.day-P. W. F. Milla, A. P. F. Farqu
H. Becher, L. P. Ralph, Bias Bay, the terms of which are that A da Rozu and Li Tse Fong, who Lang, Messrs. T. G. Weall, A
S. Dharson, C. L to assist ihar Company to lay a light retired from the Board of Directors, but Cousland; Allan Cameron, A. S. Gubbay, E. J. R. Mitchell (capt.), W. H. Lock T. J. Price, G. R. More. W. Woodward railway from the quarry to the coast, offered themselves for re-cicetion, be 0. I. Hiis and A. H. Compton (Directors), Evans, and G. B. Vallack. a distance of same 7 miles, and build a re-appointed.
and the following shareholders: Mezary wharf, we lend them the sum of 290,000,
ME F "H. Kew seconded and the pro-W. J. Carroll, Chau Sia Kj, M. A. Razack, at 8 per cent. interest per annum, on posal was curried.
Lau Mohan, N. V, A. Croucher, Kelly good security, in return for, which they Mr. W. J. CARROLL proposed that Sayee, P. M. N. da Silva, Felix M. Elis, are to deliver stone at a price which com-
Messrs. Linstead & Davies and Messra. A H. Carroll, C. H. Kew, P. Tester, P. pares very favourably with what we are Lowe, Bingham and Matthews, the audi M. Hodgson, J. P. Braga, and Yvana- at present paying for Haiphong stone, tors, who were eligible for re-appoint. vitch Deliveries under this contract are due to ment, he re-elected as the auditors at a curmence the second half of this year.salary of $750 each. Meantime we have accumulated a large stock of limestone from Indo-China, and Agreed. although this ties up a considerable sum of money, it puts 22 in a very strong position, should we be unable to obtain Prior to the disolution of the meeting.The daily programme of the Tokyo is alatust as far off solution as it was supplies of stone as has happened more Mr. J. P. BRAGA said: I think I might Broadensting Station arranged to begin forty years ago, when Japan first came than once in the past.
rentind the meeting that when we met on March 1st has been published by the into being as a coming naval power. In With regard to our Castle Peak, pro- twelve months ago, we met in no at Japan Times. It starts from aine 1025-27, Japan will be leading all the
mosphere more ΟΙ Jean perty, although this matter does not
electrically o'clock in the morning with the day's powers in large and swift cruisers of long Boon afterwards the range cruising radius. that is, unless really come into the year under review, charged. Today the atmosphere outside weather report. I would mention that we have just dis is rather damp, but in this room we leel Tokyo market reports are broadcast Great Britain speeds up a bit in her The talk of а posed of this piece of land, which has warm after the very satisfactory speech until 11 o'clock. From half past one to cruiser,
while good £10,000,000 expenditure, heen rented for the past year, at a price you have made from the chair. As one three in the afternoon market reports are slightly higher than "the present book who took more or less a leading part in hronderat.
Concerte and speeches by enough for a start, would be no use for value. This property we at one time the discussions last year, I feel it is due well-known artisty and leaders of Tokyo the purpose of rehabilitating British thought might be useful to us as a depot to you at a vote of thanks should be continue from even until Dine in the naval equality not superiority for for clay, or stone, or on which to erect proposed by myself for the successful evening. A movement is under way to would have to go very much faster to new works, but as Gin Drinker's Bay is year you have weathered. Twelve months have the time between 1 and half past regain what we once held, the control of more suitable in every way for the new ago, when we met in this room, we were one used for programme purposes. Early the seas. It is not so long since we had works, and as we have managed to secure told that a frightful amount of cement next year the Tokyo Broadcasting Sta a three-power standard to guide us in
lense from the Government of some had found ita
abroad. We have the gratification of
into the Colony from tion, which will by that time be word our naval programme, but, alas! that excellent clay innde near Un Long, we took the opportunity offered of selling knowing that the importers who have to its new premises in Atagonan, Shiba, standard has gone, never,, I fear me, tox
will attempt to catch American music return. the property, which is now of no further been bringing in this foreigh cement in and speeches and rebroadcast, then for
competition have alreally ceased to import the Tokyo public,
use to us.
am
On the whole I do not think I unduly optimistic in saying that our pro- spects seem good, for the new kilns are reducing our working costs and we ex- pect to make a sahstantial saving on the cost of our principal raw material that
is stone.
and
VOTE OF THANKS.
I am one of those zealous protectors of our own industrial institutions in Hoog- kong. Several of the hig public concerns, the docks, sugar refinery, etc., are em barking on large schemes and extensions incinding our own cement company- it is gratifying to bear that you will In addition to this our technical ad: shortly he in the position to supply all visers assure us that as the new factory our wasts, and I think that under the at Gin Drinker's Bay will contain only management that can look ahead, and, the latest and most modern machinery with the co-operation of all the share and will utilise all the improvements and holders in investing money in reproduc changes in the manufacture of cedient tive works, we feel our interests are safely which have taken place since our pre protected and will receive that attention sent factory was built, a still further in the interests of the general holy of substantial reduction in the cost of pro shareholders that we have been receiving
in the past. (car, hear and applausë.) duction will be effected there.
CINEMA" NOTES.
QUEEN'A THEATRE.
I have no hesitation in saying that the Naval Estimates will be framed with view towards the Pacific problem which
programe..
SHANGHAI OPIUM CASE SEQUEL.
CLAIM FOR. T.50,000 DAMAGES.
The China Press Inc., were named defendants in a suit filed in the U.8. Court for Chins on February 24th by Tense drama and excellent acting Mr. N, E. B. Ezra, who alleged damages" characterise "The Invisible Fest," First National attraction starring Anita of an editorial, published in the China to the amount of Tla. 50,000 as the result four days Prese, in whichi plaintiff alleges that bes Stewart, which began
the Queen's Theatre was stigmatized as a foreigner in China engagement, at yesterday. It holds the rapt attention engaged in the smuggling of opioru into of the spectator with a vice-like grip. Uhina and of cbnaging his nationality in
Song comedy and dancing by. Mines order to obtain protection."
Plaintiff field suit as a Zerotégé of thấ Kitty Barlow, and Irene West make up the balance of the programme.
Kingdom of Spain.