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ROPER OF ALL SIZES FOR ALL PURPOSES
YNCHAUST
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TEA DANSANTS
AT
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Sold in Bulbs or in Syrup by all Dispensaries.
LEE THEATRE
Percival Street, Happy Valley
(T More T TRẦM F20 Hosa Kors, HOTEL).
Friday, April 29th, and Saturday, April 30th,
AND
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at 9.15 p.m.
THE HONG KONG DAILY PRESS, MONDAY, APRIL 25th, 1927
AND EXTRAORDINARY PERFORMANCE
BY THE CELEBRATED
PROFESSOR HARRY PISLER.
In bis Scientific Sensen as hare be given at all the Leading Cities of the World
TRANSMISSION OF THOUGHT
MENTAL READING VOLDITARY ARESTESIE ARE
FASCINATION OF ANIMALS
BOY OCCULT SCIENCE PETRIFICATION OF THE HUMAN BODY
TELEPATHY
AUTO-SUGGESTION
SUSPENSION OF LIFE CATALEPSY
The Most Celebrated Men of Leaming of the World are keenly interested in PROFESSOR HAREY FIBLER'S Demonstrations.
BOOKING AT THE LEE THEATER Popular Prices: 12.00, $1.00 & 50 Cents.
HONG KONG TELEPHONE CO.
AN AUTOMATIC SERVICE LIKELY.
IMPROVED SYSTEM REPORTED AT ANNUAL MEETING.
The second ordinary yearly meeting of the Hong Kong Telephone Company Limited, which was held in the Board Room of the Company, Exchange Building, on Saturday morning proved of much interest
In the courts at his speech, the Chairman referred to the improvements, that had been effected with regard to the Colony's telephone service, and remarked that there had been fewer com- plaints received during last year,
FOOL RATHER THAN KNAVE.
CARRIED A BUTCHER'S KNIFE.
MAGISTRATE RUBS IN ** THE LESSON,"
A charge against a Chinese of unlawful possession of a dagger was dismissed at the Central Magistracy on Saturday, Mr. T. H. King, Director of Criminal Intelligence, baring described the charge as a "put-up, job."
Accused, who was arrested in High Stroet, West Point, on April 11th, was represented by Mr. Leo d'Almada. He pleaded guilty.”
It was also stated that there was the likelihood of an automatio telephone service being introduced in the Colony, and steps have
Mr. d'Almada said that the was been taken to obtain expert opinion on the instalment of such a
poa in question could not be de- service. Meanwhile the Company have an open mind on the subject,
scribed as a dagger. It was merely pending a report by the consulting engineer at Home.
a sort of knife. However, he had Mr. J. Scott Barton (Chairman)] The general reserve shows a credit no option bal to admit possession presided, and was supported by Mr, of 825,000 which was the amount of a weapon; but he would like to J. H. Taggart (managing director), voted to that account at the last point out that since his arrest the Hon. Sir Shou Son Chow, the annual general meeting; therefore, accused had given the Police every Hon. Dr. R. H. Kotewall, C.M.G., in the event of your adoption of the assistance in the investigation of Mr. R. G. Shewan, Mr. B. Lander Board's recommendation for the the case and had explained fully Lewis, Mr. T. G. Weall, Mr. W. E appropriation now before you in how he had come to be in posses Bell (directors), Mr. J. P. Sherry respect of the profits for the year son of the knife. The Police, Mr. (manager), Mr. R. Guy Wilkerssa ended December 31st, 1920, this d'Almada understood, (secretary), and Mr. W. MeC. Kirk-account will stand in credit to the pressing the case, but if his Wor ship felt that he must impose some patrick (attorney for the. China and extent of $75,000,
Turning to the assets side of the penalty, he would ask his Worship. Japan Telephone' and Electric Com- pany, Ltd., which bolds 140,000 balance sheet, two items appear to to deal with the accused leniently shares in the Hong Kong Company). Į call for particular comment, name-in view of the fact that accured had Accused had Shareholders present were Mr. D.ly, the expenditure of $368,042.36 assisted the Police.
plant, and been detained in prison for two
H. Blake, Mr. E. Abraham, Mr. W. E. L. Shenton, Mr. R. L. Bridger and Mrs. M. C. ́0. Donald.`
The attendance represented. 119,520 shares in the company.
CHAIRMAN'S SPEECH.
in respect of additions
were not
QUEEN'S
TO DAY ONLY
ESTHER RALSTON
FORD STIRLING
LAWRENCE GRAY
IN
THE AMERICAN
VENLIS
BEAUTY, FASHION, ROMANCE
AND YOUR FILL OF GASPS AND THEILLS
WORLD
TO-DAY ONLY
THOMAS MEIGHAN
IN
COMING THROUGH
WITH
$36,611.60which you will find weeks during the police investiga LILA LEE AND WALLACE BEERY under the heading "Automatic tions because of his inability to Plant-Preliminary Expenses."
obtain bail.
The major portion of the expendi Mr. King said that accused ap ture is respect of the first of these peared to him as a man of dull in- tellect who had been made a fool two items covers matters of a per- of by certain
is parties to further their After reading the report of the manent nature, and was necessitated own ends. The weapon in question auditors (Messrs. Lowe, Bingham by virtue of the terms of our fran- was a butchers knife. Accused had aad Matthews, chartered account-chise from the Government, which, taken possession of it quite, inno- cently, and the Polise would be ants), the CHAIRMAN addressed the inter alia, calls for the substitu- satisfied if his Worship would dis- tion of underground cables for over-charge accused with 6 caution in meeting as under;--
head wires. In this connection future not to allow himself to be I would like to refer, with a sense
made a feel of of the most profound regret, to the 2,653.68 circuit miles of underground Inamented death, in the month of cables, and 25.965 cirenit miles of May last year, of your Directors covered distribution cables were laid esteemed colleague, the late during the year; farthermore, in the
The Magistrate (to accused): It Honourable Sir C. P. Chater, Kt., month of May last, a-new submarine. O.M.G. Sir Paul Chater was, as cable was laid across the Harbour res you are a fool rather than a you are aware, one of the promo between Hong Kong and Kowloon kave. Why should you be willing ters concerned in the formation of which not only permitted us to re-to carry a deadly weapon like that this Company, and it is to be parti- cover the then existing faulty cable, for another person'?
Mr. d'Almada: I dislike to inter- cularly regretted that your under but also provided an additional 37 taking should, in the first year of its lines for junction working between rupt, but accused has already given operation, have been deprived of these points. While on this rub the Police full explanation before the counsel of one, who, by virtue ject, I would incidentally add, that Mr. King and myself. A
Replying to the Magistrate, Mr. King said that he thought it was a put-up job."
of his lengthy association with the notwithstanding the fact that much Mr. Lindsell: I am merely sub- Colony and its commercial activi- | progress with this transler over has bing it into him. ties, could, and did, at all times, already been monde, still further con-Let this be a lesson to you," contribute to the deliberations of siderable expenditure must neces added the Magistrate to accused?
your Board much sound advice based upon a practical knowledge as to, and unequalled experience of, local requirements.
sarily be incurred in giving effect to the requirements stipulated for in the Hong Kong Telephone Ordi-
дансе.
the
EXCHANGE RATES.
(BRITISH WIRELESS (KEVICE]
Paris New York Brussels. Geneva. Amsterdam
Milan Berlin Stockholm Copenhagen Oslo Vienni Prague
Helsingfors
Madrid Lisbon Athens ..... Bucharest
Rio
RoGay, April 22nd.
124 4.85/18/32 34.92
Buenos Aires Bombay Shanghai Hong Kong Yokohama Silver (spot) Silver (forward)
95.95
12.13
83.95
90.49
19.13
18.20
16.81
34.5/16
1633
192
97.785
2/17/32"
262
755
8/27/32 477
1/5/19/32
2/61
2/02
1/11+
Taming to the accounts for the The expenditure under the second year under review, I am unfortu of the two items with which I am nately precluded from offering a dealing was incurred in relation to detailed comparison of the items preliminary investigation in connec appearing under the various head-tion with the proposal to instal en ings in the Profit and Loss Account, automatic telephone service-a sub- and Balance Sheet, for, whilst the jeet referred to by my predecessor accants before you cover the full in the Chair when he addressed you period of a bumess year, the ac last year. After mature considera- couale previously presented only tion, your Board was of the opinion recorded the operations of your that it would be in the best interests Company for the period of six of subscribers that expert advice months from its formation up to should be obtained in order that the December 31st, 1925. In the circum whole question of telephonic com- stances, therefore, I propose to munication in the Colony might be confine myself to offering amplify-investigated. With this in mind, ing details in respect of such items your Directora approached
Government "with a request that as appear to call for special com-
an independent expert should be mcat.
On perusal, you will have ob nominated with a view to his sub served that the balance standing to mitting a report regarding the most the credit of Profit and Loss Ac efficient and satisfactory system count at the 31st December, 1926, suitable to the requirements of the amounted to $194,708.50-which bal community. As a result, Mr. R. W. anes was arrived at after provid- Weightman, of the firm of Messrs. ing $131,052.05 for depreciation; Preece, Cardew & Rider, Consulting 895,934 for the payment to the Gov. Engineers to the Crown Agents, was ernment in respect of Royalties in appointed by the Government, and accordance with the terms of our visited the Colony at the expense of franchise; $5,627.89 for the purpose your Company in December 1925, of writing off a
Mr. Weightman's report advocated a portion of the pre- liminary expenses in connection the installation of an automatic sys with the formation of the Com tem. Your Board has, therefore, pany; and $5,688.21 for writing of authorised the Company's Consult bad debts. In this latter comecing Engineers in London to embark tias I would point out that it was upon the preparation of preliminary nevitable that, as a result of the specifications with a view to enling disturbed conditions prevating in for tenders, and when these have obtained, it is the intention of the Colony in the latter portion of been the year 1925 and the early part of your Board to place the whole mat 1993 and the consequent general ter before the Chambers of Com exodus to Canton, this Company-merce and the Government with a definite decision being in common with other public ully view to concerns should have to bear losses arrived at by an impartial tribunal in connection with defaulting sub as to the suitability or otherwise scribers. I am pleased to state, so far as the community, and, more however, that the system of deposit particularly, the subscribers, are accounts which we have since in concerned of the automatic system stituted minimises to a very large as against the manna! system. extent the risk of similar losses Tour Directors do not propose Confirmation of the appointment being sustained in the future. this juncture to offer an opinion as of Me, B. Lander Lewis as a direc During the year under review, as to the respective merits of the twotor, and of Mr. J. H. Taggart an the result of re-organisation at the systems, other than to indicate that managing director, also the re-elec Main Exchange, the service has it appears to them in the main to tion of the Hon. Sir Shou Son Chow been materially improved-this resolve itself into question of and Mr. B. G. Shewan to the Board being reflected by the diminition in initial outlay, return on investment, was proposed by Mr. D. H. BLAKE
and seconded by Mr. E. ABRAHAM
and consequent subscription. rates
the number of complaints record- ed: furthermore, the number of to be charged. I will, therefore,
Bubscribers has been increased by the addition of 468 exchange lines and 23 extension lines, which I won tare to think you cannot bat-regard at very satisfactory.
confine myself to stating that your Board possess an open mind on
Concluding, the Chairman pre- posed the adoption of the report and accounts and that the following appropriations be confined: Payment of a Final Dividend of 6 per cent, making 8 per cent. for the year. Transfer to Godezal
$96,130.00
50,000.00 5,847.21
Reserve...... Bonus to European Saff To carry forward to
next account. 9,357.68 Mr. W. McU. KIRKPATRICK second ed. No questions were put and the motion was carried utanimously.
Other Business.
The motion was carried unanim ously.
Messrs. Lowe, Bingham and Mat the subject, ad is inspired solely thews were re-elected as auditors by a strong desire to render the for the year (at a fee of $2,400, most efficient service posarble com- covering monthly auditing of the
On the liabilities side of themensurate with such a return to the accounts) on the proposition of Mr.
balance sheet you will observe that the issued capital of the Company Dow stands at $1,922,600 and the share premium account at $209,040.
Company as is contemplated by thew E..L. SHERTON, seconded by Mr. Ordinance under which the Con pany's undertaking operates..
(Continued on next column).
ABRAHAM This concluded the business of the meeting
STAR
CONTINUOUS 230 to 11.15 TO-DAY ONLY
TOM MOORE
WITH
PAULINE STARKE
IN
ADVENTURE
JACK LONDON'S STORY OF THE SOUTH SEA
AT
AU CHIC PARISIEN
Madame Flint
FOR A FURTHER WEEK
"GRAND DISPLAY & SALE
OF
"NEW SPRING SEASON PARIS MODELS” Under the Expert Supervision of MADAME JULIA BENEE
Special Representative
from-
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