HONG KONG DAILY PRÈSS

FAIR PROFIT SHOWN BY 4TH EXTRA RACE

STEAMBOAT COMPANY

Chairman's Warning Of

Excess River Tonnage

Out of a profit of $182,869.85, payment of a dividend of 15 cents per share, payment of a bonus to shore and floating · staffs absorbing $9.555.50 and carrying forward of $113,314.35 were гесот- mended and passed at the annual meeting of the Hong Kong. Can- ton and Macao Steamboat Co., Ltd...which was held at the Com- pany's offices yesterday.

pany.

meeting. the

CANTON PROPERTIES Concerning the registration

MEETING

Advance Copy Of Entries

1.-Mount Gough. Handicap.— Winner $600. «Second $300. Third $300. For China Pontes, "A" Class. Winners of $1,750 or more in stakes since 1st January. 1938, barred, Jockey Allowance. Entrance $5. Furlongs.

Cossack's Beauty: Gladiator: Oak Bay: Soldier of Britain; Trentbridge; Wild Life.

2-Charters Towers Handicap,- winner $500. Second $300. Third $200,

For Australian subscription Ponies, "g" Class, Jockey Allow-

ance. Entrance $5. One Mile,

A Great Time; Annabella; Aztec; of Bag Tor: Centre Court; Criffel: Company's properties at Canton Derby Day: Dick Turpin; Home with the Chinese authorities, I Brew: Katinka; Little Audrey: have to report that the official | Lucky Lad; Murray River; Ranger; certificates of registration in res-Rex. pect of the new title. deeds bave now been received.

75

3, or Taimeshan Handicap.~~ First or Second Section-Winner 450. Second $225. Third $125. For China Ponies. "D" Class. Jockey Allowance. Entrance $5. One Mile.

The chairman. Hon. Mr. M. The amount of $27,030.84 that is K. Lo, presided, being supported proposed should be 'written of the by Mr. J. P. Braga, OBE and value of your steamers, represents Mr. H. Staples Smith (directors) the usual five per cent of their and Mr. H. da Luz (secretary), book value. Shareholders present were: Messra. M. Fernandez, W. E. Kirby. Wel Tat, Ho, Kom-tong. Luk Pak-te M. H. Lo, Hung Tae-yce, and Kwan Yau-kwong. Addressing the Chairman said:-..

In my address to you, last year, I remarked that there were in-

You will notice that the amount dications of the turning of the

of $130.813.06 which is charged to tide in the affairs of the Comrepairs is higher than that of last

Despite the "unrelenting competition which prevalled, the year. This is due to the repairs

to damages occasioned by the ty

Atomic Star; Borrachito; Corona- first half of the year under review

phoon of September 2, 1937.

hon Bay. Cabar Love; Derk; found us more than holding our

The "Kishan," although under Desert Star; Diogenes; Double We

Stonecutters Island Chance; Ebony Idol: Election went aground, and as a result a Time: Estover: Final Triumph: tew of her plates had to be look- Flybyright: Gold Coin; Golden ed into.

Cow; Gold Sovereign Good Mom- The shore end of the Wing Loking; Ring's Parade Lucky Eleven: hostilities, and withdrawal of cer- Wharf was completely demolish-Mac's Adventure; Meteor; Nation- tajn tonnage from the River by ed, and as this part of the struc-al Force; Piet Hein; Racing Boy: of the blockade of the ture was old and was due for early Salvage Master; Sea Dragon; China coast, this Company has ex-reconstruction, your Directors de- Sylvandale: Tabby Cat; Tempest: perienced improved returns from

cided. in.. consultation with the Valorous: Voltaire; Yum Sing. September onwards.

architect and the anderwriters, to

4. or, 9.--Mount Davis Handicap. effect its entire renewal. The two-First or Second Section--Winner casualties cost us about $38,000.00. $500. Second $250. Third $150. For

to Smuggling continued give China Ponies. "C" Class. Jockey that this very desirable steadiness the management great

anxiety Allowance. Entrance $5. From was largely due to the conadence and unremitting vigilance had to the 'Mile Post About Halt Mile engendered by the Chinese Goy: be exercised against the smug-170 Yards). ernment's improved monetary

glers. policy.

häd parted company shelter at gures in red, and had

a fair it to show

As regards the second half, on account of the Sino-Japanese

reason

The freight business assumed steady volume since the beginning

of the year, and I venture to think

Amberley; Bistre: Fowey; 'Gor- Last March your Directors de- dlto; Jungle Jim; Just In Time; cided to invest some of the surpluKing's Bounty; King's Justice; funds available in the purchase Lancashire Lass; Laughing Bud- of Hong Kong Government 34 per dhe; Laughing Girl; National cent Bonda.

Defence; Night View: Rose Evelyn: Rose Jane; Rose-Queen; Royal Consort: Royal Highness; Scenic view; Soldier of China; Sunlight; View; Tampa Bay: Tyne.

LIFTING OF DUTY Cargoes of rice, flour and metal were much in demand in South China, the first named commodity In particular reaching Canton In

ANXIETY FOR FUTURE great quantities during the Arst months of the year by reason of

Before concluding. I would like the lifting of the Import duty to remark that we have made a

good start in there.

Exports from Canton also gain ed ground and the usual supply of vegetables, cattle, pigs and fowl was maintained.

the current year.

5-The "Hunchbacks" Handicap. Returns continue to give satis-Winner $450. Second $225. Third faction. But I fear I must strike $125, Fur China Ponies. Subscrip- a note of warning. Last year Ition Griffins of this Club of this to point out the Season Winners at Race Meet-

river business

had occasion

As regards the passenger trade, gravely unsatisfactory character ings of this Club, barred. To be

we managed to draw a fair quota of the

between ridden by Jockeys who have not

of patronage as a result of the Hong Kong and Canton owing to won ten races, anywhere at any truce which existed among all the the surplus tonnage then trading time No Whips or sputa allowed interested parties operating ser on the, river at competitive rates.

authorities

vices between the two ports.

Until stopped by the Canton in September. the night service continued a popular Innovation.

"" RIVER BOOM

which made it well-nigh impos sible to produce an adequate re- turn on capital invested.

Entrance $5. From the 14 Mile Post (About Half Mile 170 Yazds).

Astrik; Be Yourself; Cape Co- marin; Captain Blood; Charybdis: Although this Company 18. of Cleeve; Fel Ying: Five Rulers: course, benefitting from the pre- Mying Trapeze; Gobi Star; Labour sent abnormal circumstances, it is Day. Lancashire Chap; Lucky

not easy to look with complacency Beven; Mac's Second Venture; -Na- In October the Canton authorl to the time, if it should unfortun- tional Dignity: On Your Tee; ties, because Di the presence ately arrive, when the same old Rexiana: Балага

Star:

Split

of certain units of the Japan-tale of superfluous tonnage and Hand; stymie; Tribute: Wenning. eзe navy. caused a boom to be "cut-throat" and uneconomic com-

6.- Canterbury Park Handicap.--- placed

river. across the

This petition will have to be faced winner $500. Becond $300. Third resulted in not a few steamers be-again. I can only therefore, say $200. For Australian Subscription ing bottled up at Canton for about that for the present we are doing Ponies, "C" Class. Jockey Allow- twelve days. I may mention that well, but the future prospects are ance. Entrance $5. Bix Furlongs. our steamers do not tarry War undefinable and must be regard- Risks insurance because of

Cape York; theed with some misgiving if not ac-

Bredon; Brutus; Colorado Star; Discovery Bay; prohibitive cost of covers.

tual anxiety.

Luy: Llangollen; Macquarie River; Perfect Day: Racing Heart: Rcolny; Sea Spray; Snowy River; Strathearrick;' Sydney Bridge; Twilight Star; Violet Queen; Zodiac.

I would, however, emphasise cur With these remarks I beg to appreciation of the consideration propose that the Report and Ac- shown by the Canton authorities counts as presented be adopted. towards foreign shipping com- The Report and Accounts, were panies. Compatible with the unanimously adopted. MI.. Ho vigilance and precaution which Kom-tong seconding the motion. they had to exercise, river steam- Messrs. M. K. Lo and H. Staples ers were directed to a new navig-Smith were re-elected to the able passage-the H Passage Board of Directors, Mr. Hung, when the old channel was block- Taze-yee proposing and Mr. Wel ed

Tat seconding..

I wish to take this opportunity

Messrs. Linstead and Davis were

of recording this Company's grate-re-elected auditors at an annual

8-High West Handicap.-Win- ner $553. Second $275, Third #175. For China Ponies. "B" Class. Jockey · Allowance. Entrance $5. [One Mile.

Boolat Bay: Commencement Bay; Dawn Star; Expansion Time;

| Expression Time; Handicap Eve;

ful thanks for the whole-hearted renumeration of $1250, co-operation and assistance ren- There being no other business, Harvest View: Havoc Eve; Honey- dered by His Majesty's Navy in the meeting concluded after Mr. moon Eve; Hundrum Eve; Jober W. E. Kirby had proposed a vote National Pride; New Star: Putent-

the river.

On the Macao Line I have little of thanks to the Chairman andate; Red Feather; Royal Scot.

of importance. to report except Directors for their invaluable

that the absence of any surplus work during the past year. tonnage made things easier. The

steamers were fairly well sup- ported.

*

STAFF'S LOYALTY Once again the Directors have

:

UNCLAIMED

TELEGRAMS

to thank the staffs, both Floating The following unclaimed tele- and Ashore, for their loyalty and grams are wing at the offices of

Co- Cable and Wireless Limited:

willing and whole-hearted operation, which is really appre clated. I feel quite sure that I

Walker, passenger Empress of

SAILOR CHARGED

IN COURT

Drove Car Without Permission

Canada; Urgent Leonard, Penin- Leading Stoker George Hogg of voice your gratification also when sula Hotel; Samuel May, Room 104, HMS. Parthian appeared before I say that nothing gives the

85. Mr. H. R. Butters at the Central Board greater pleasure than to be Hong Kong Hotel; Klein,

In a position to recommend the

Victoria; Primitivo Lovina B.3. Magistracy yesterday on charges payment of the proposed bonus tos Coolidge: Cableaddress; and of driving a motor vehicle on April Herman Beter, Hong Kong Hotel

staffs.

Our agreement

with Messrs.

Butterfield and Swire continued to

operate satisfactorily, as did the LOCAL HEALTH

Canton Freight Pool..

20 without a driver's licence, with-- out the owner's permission and malicious damage to the car,

Inspector Baker asked for a re- mand of 24 hours which was granted.

Your Directors have, as usual, Eight cases of small-pox, four

The car belonged to Dr. LL Ping- been unremitting in their efforts cases of mesales, three cases of towards the economical running cerebro-spinal meningitis, two shun, and it was said that the of your steamers. Cost of coal cases of dysentery and one case vehicle was so badly damaged that and stores was again higher than each of puerperal fever and it would probably be a total loss.

the previous year, the Erst diphtheria were reported to named in particular having ap- local health authorities on Wednes

| day. preciated nearly 30 per cent.

the

"Defendant 'was alleged to have taken the car from the garage and run into a lamp standard d

GENERAL

HOME FOOTBALL FORECAST

The following, teams are the English and Scottish league Axtures

to be played on Saturday, April 30, 1938- The teams in bold types are tipped to win.

ARSENAL BLACKPOOL BOLTON W. BRENTFORD DERBY EVERTON Huddersneld Lalcester

Manchester C.

SUNDERLAND WOLVES

Blackburn

BRADFORD

CHESTERFIELD

FULHAM

NORWICH Plymouth Wedriesday Southampton SWANSEA W. Haim U.

Aldershot BRISTOL C. CRYSTAL 'P. EXETER C. GILLINGHAM MILWALL NEWPORT

NOTTS C.

READING

SWINDON

WATFORD

"ነ

Barrow Стеже

Darlington GATESHEAD

HARTLEPOOL HULL C.

LINCOLN C.

N. Brighton OLDHAM

P. VALE WREXHAM

ABERDEEN AYR U. CELTIC HAMILTON HEARTS Morton RANGERS

THIRD

FIRST DIVISION

V. Liverpool

Y W. Brom A

Y. Mid’brough

-v.. Birmingham

v. Grimsby

7. Portsmouth

v. Stoke C.

v. Charlton

V. LEEDS U

V.. Preston Chelsea

SECOND DIVISION

7. TOTTENHAM

v. Stockport

V

Notts. F

v. Bury

V. Luton

V. Coventry

BIEFFIELD Ü.

V

BURNLEY

Y

v.

Newcastle

V.

DIVISION

A

Manchester U.

(SOUTHERN) QUEEN'S PARK

v. Bristol R

V

Cardif

v. ` Clapton. O.

V. Torquay U

v. Brighton

v. Northampton

Y.. Walsall

V. Bournemouth

V. 'Southend

V. Mansfield T

THIRD. DIVISION (NORTHERN)

V. CHESTER

V. ROTHERHAM .....

V. DONCASTER

T. Bradford C.

v. Carlisle U.

V. Tranmere R.

Halifax T.

V.

T. York C.

Y. Southport

T. Rochdale

T. Accrington

SCOTTISH LEAGUE FIRST DIVISION

ST. JOHNSTONE St. Mirren

· THIRD LANARK

V. Arbroath

7. Dundee

V. Hibernian“

T. Queen's Park

7. Kilmarnock

7. Clyde....modu

v. Queen of South.

V. Motherwell

V. FALKIRK

v. Partick Th.

Last year's

soare

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FRIDAY

SAY

APRIL 29, 1938. PAGE 11

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