COMPANY RIPORTS,
China Sugar Refining Company,
Limited.
"THE HONGKONG TELEGRAPH, SATURDAY, MARCH 15, 1913.
Books and Vouchers for the year opinion the Balance Bheet is pro- ending 31st December 1912. We perly drawn up so as to exhibit a} have obtained all the information true and correct view of the Com- and explanations we have requir-pany's affairs at 31st December, ed, and, in our opinion, the above 1912, according to the beat of my The following is the report Balance Sheet is properly drawn information and the explanations for presentation to the share up so as to exhibit a true and given to me and as shown by the holders of the China Sugar Racorrect view of the Company's Books of the Company. I have ining Company, Ltd., at the affaire according to the best of oblained all the information and Thirty-fifth Annual General Meet our informations given to us and explanations I have required. ing, to be held at the Oices of the as shown by tho Books of thie General Agents, at noon on Tues-Company. day, 25th March.
H. PERCY SMITH,
The General Agents beg to sub- FAZA.,
mit to shareholders their report | A.R LOWE, C.A....
on the Company's businers for
the year 1912 with a statement
of accounts to Siat December last.
The demand for the Company's
Sugars was much restricted both
Auditors.
Hongkong, 3rd Marol, 1913.
in-China and other marketa Lugon Sugar Refining Company
Limited, throughout the year, and although
fairly remunerative rotes The report for presentation to were obtainable for the first six the shareholders of the Luzon months, there was subsequently a Sngor Refining Company, Ltd., ebarp decline in prices, caused at the thirty-first Annual Gener by keen competition in the conal Meeting, to be held at the suming markets' and the general Offices of the General Ageais, at fall in the value of Sugar which 12.15 p.m. on Tuesday, 25th took place all over the world. March, is on follows:
The year's working resulted in The General Agents beg to Bloss of $223,085,05 to meethait to Shareholders their Re which and to provide for the pay port on the Company's business ment of a dividend. a sum offor the year 1912 with a state- $350,000.00 has been transferret ment of accounts to 31st Decem- from Equalization of Dividend ber last.
Fund to credit of profit and loss There was a fair, demand for account which then shows a balhe Company's Sugars in the local arce at credit of $70,795.05. market throughout the year, and The General Agents and Con for the first six months remunera sulting Committee recommend tive prices were obtainablo. that out of this a Dividend of $3.00 per share be declared ab Borbing $00,000.00 and that the balance of $10,795.05 be carried forward to next account,
During the second half of the year there was a sharp decline in sympathy with the general fall in values cleewhere, but the re- sult of the year's working shows
Consulting Committee:--This agsinf $34,830.25. After allow. consists of Hon. O. P. Chator.ing for interest and other charges O.M G., and Messrs. E. Shellim, the balance at debit carried
T. Maitland, J. W. C. Bonnar and forward has been reduced to H. P. White who offer themselves
for re-election.
Auditors: The accounts have beon audited by Mesura, H. Percy Smith, F.C.A., and A. R. Lowe, O.A, who offer themselves for zo election.
JAR INF,MATHESON & To, la,
General Agents, flongkong, 3rd March, 1913.
Profit and Loss Account:
To Remuneration to
Consulting Com-
'mittee,
a
To Anditors' Fees,.
To Interest,
To Loss on Working after writting off depreciation,
To Not Bilance a
2,500.00
750.00
48,051.07
223,035.05
$274,387.02
per Bilance Sheet, 79,795 95 $354,183.57 By Bilance brought &
forward from last
fear,
Less Dividend paid
$47,375.67.
The excliango on liquid nests remains at par.
Consulting Committee: This consists of Mosers II. P. White and J. W, C. Bonner, who offer themselves for re-election.
Aulitor:The accounts liave been audited by Mr. A: R. Lowe, A who offers himself for
re-eliction,
JARDINE MATHESON & CO. IN
General Agents,
+
A R. OWE, CA, Auditor.
Hongkong, 10th March, 1913.
HONGKONG GYMKHANA
CLUB.
Programme of the First Mooting,
Following is the programme
of the first gymkbana meeting to be held at Happy Valley on Saturday, April 19-
1.-3.30 p.m.-Half Mile Flat Race. For non-winning Sub- Bcription Griffins of the Sonso 1912-1913. Weight for inches 88 per scale, Unplaced run nere allowed 3 lbs. Jockeye who have not won more than one Official Race in Hongkong, Shanghai or Tientsin allowed 3 lbs. Jockeys who have won 3 or more Official Races in Hongkong, Shanghai or Tien- tain penalised 4 lbs. Entrance fee $5. let Prize: $100. 2nd Prize: $50. 3rd Prize: $25. 2.3 50
pm.- Gymkhana Stakes. Value $200. Distance One Mile. For all China Ponies. Catch weights at 10 st. 6 lbs. Winners of an open race or opon Griffin "ace or Ponies that have won
the aggregate prize in the Gymkhana Stakes in any Beason 5 lbs. extr. Non- Wiuning Subscription Griffins allowed 5 lbs Jockeys who have not, won than one Official Rice in Hong-
king, Samughni or Tientsin allowed 3 lbs. Jockeys who
Hongkong, 10 h Marob, 1913.hana Mostings during the Season,
By Gain on Working after writing down Struks, Py Gain in Exchange 104,183.57 By Balance carried
forward,
Máich 20, 1012, 100,000 00
kat
By Amount transferod-
from Equalization
$4,183.67
of Dividend Fun), 350,000.00
$354,183.57
Balance Sheet. CAPITAL AND LEDELITIES
Capital 20,000 shares at $100 ench, fully pail up
Equalization of Ui-
vidend Fund
Repairs and tene
wals Accounts...
$2.000,003.00
50,000.00
J
38,618.59 Sundry Creditors 1,655,846.01. Balance of Proft and Loss A/c., as Jér statemout
79,795.95
$8,822,201.46
ASSET
50.00
LONDON
CIGARET
GtArdalhTobaccoCost?" PARÈNTERE
VIRGINIA
DAIRY FARM NEWS.
SOMETHING GOOD.
HAVE YOU TRIED OUR
FARMER'S SUGAR.
CURED BACON 2
IT IS PRONOUNCED BY ALL WHO HAVE TRIED IT
IT.
TO BE ABSOLUTELY THE BEST IN THE COLONY. PROVE IT FOR YOURSELF. WE HAVE TRIED IT AND CAN RECOMMEND SLICED BY A PATENT SLICING MACHINE IN RASHERS OF ANY THICKNESS EXACTLY
: AS WANTED.
WINFRED CIGARETTES WM. POWELL,
REMARKABLE QUALITY, MODERATE PRICE
$0.50 PER TIN OF 50,
SOLE AGENTS
LTD.
KRUSE & CO. Saxone Shoe Co., Ltd.
V
།
OPIUM DIVANS.
the Landlord.
have been regularly playod prior to the 1st April, 1913 Catoh weights 152 lbs. Win- Magistrate Suggests Getting at ners of races including races on off day and at all Gymkhanas and Regimental Meetings of At the Police Court, this morn- one race 7 ib. extra, of two ing before Mr. F. A. Hazeland, races 11 lbs. extra and of three Sergeant Adlington charged ten or more races 21 lbs. extra. men with being concerned in an Jockeys who have not won opium divan.
more than one Official Race in His Worship said the only way Hongkong, Shanghai or Tian-to stop smoking was to get at the tain allowed 3 Tbs. Jockeys landlords. If he sent the first who have won 3 or more Official defendant to goal in this case the Races in Hongkong, Shanghai landlord would get another man. or Tientsin ponalised + lbs. to take the responsibility of the
Ponies to be nominated by n divan for a consideration. In that Lady.
case it would go on for ever and
Each Pair BOOTS, $11.00 Guaranteed. SHOES $10.00
HIGH CLASS FOOTWEAR FERFECT FITTING,
WM. POWELL, LIMITED.
OUR BREAD
PERFECTION.
CAKES AND PASTRY
PAR EXCELLENCE
When entering for this event a day. He fined the "keeper Competitors are requested to give $250 or in default three months TIFFINS, DINNERS & KEFRESHMENTS THE BEST, Nominatrix's name also parti-and the remainder: $3 each or in ALEXANDRA CAFE CO.
SHOULD BE BANISHED.
have won 3 or more Official
culars of races won by pony (if, default seven days. Races in Hongkong, Shanghai
any). or Tientsin penalised 4 lbs. Entrance fee $5. First and A Cup to be run for five times Second Prizes for ladies present- called the Gymkhana Cup will bed by the Gymkhana Club.
Before Mr. F. A. Hazeland, at presented at the end of the Season Owner of winning Pony to receive the Police Court, this morning, a to be won by the Pony soaring $76. Owner of second Pony to Chinees was charged by inspector Dost maka in the races for the receive $25.
O'Sullivan, of Hang Hom, with Gymkhana Sokee at the Gymk5-450 p.m.-One Mile Flat being in unlawful possession of Race For Subscription Ori-eight pound of brass and one ffins of any season. Weight pound of copper nails.
Defendant, who had been con- for inches as per toulo... Wia-
victed for a feimilar offence, was nera of one race 5 lbs. extra; of two or more reces 10 lbe fined $25 or in default one extra. Unplaced Runners al-month, His Worship Baid the lowed 5 lbs. Jockeys who had been doing this for have not won more than one years, had probably stolen the Official Raca in Hongkong, stuff from the docks, and ought Shanghai or Tientsin allowed to be banished,
Profit and Loss Account. counting 4 points for a first; 2 for To Balate brought
a Fecond; and 1 for a third. The forward...... $08.6 0.07 bonefit of marks already scored to To Interest. ............. 24,147.01 pnes with the Pony on a sale. Any To Auditor's, Fee.......
winner of the race to carry 5 lbs. extra for each win in, subsequent | $32,797.23 starts for the Race, but in the event of a Pony carrying the penalty not winning, 2 lbs. to be deducted 34,839 25 next time he starts. Such 2 582.31 lbs. to remain deducted until he wins again when he will carry 47,375.67 the full penalties without deduc- tion. Fenities accumulative up $ 82,707,23 to 15 lbs. In the event of two Balances Sheet.
or more Ponies tying with the LI-RET F
same number of marks after Five Capital 7,000 shares
Races have been run the owners of $100 each, fully
shall either divide the value of paid
$700,000 00 the Cup which is hereby placed Jardine, Matberon &
at $400 or shall ran off on a day Co, Ltd. Current
to be fixed by the Committee not Account... 263,052 73 bring the same day as the last Accounts Payable 12,419.34 race for the Stakes but within
Property Be per last
account,... Cash in Hand,
Pesos at par Hongkong and S'hai Banking Corpora-
two wreke therefrom. In the $975,502 07 event of a run off the weights alill be weight for inches as per scale; Jickey penalties and al- 645,342.35 lowances to apply. Entrance fee $5. 2an Prize: $75. 3rd
.*
1,802 57 Prize: $30.
tion, .. Pesos at par 101,950.87 Stocks of w "nod
Refined Sagar, (less depreciation).
...
Pesca at par 111,607,97 Property Account consisting of Stacks of Coal, Clarenal, Stores,
Est Point Ke-1 finery,Bowning- ton ¡Reficory, Swatow Refia- ery, Ingkong Distillery, Cark,.....'....... Raw and Refined
Sugar
..
$1,500 280 (3
605.05
stocks, less do ́preciation. *** 1,783,839.02
Charcoal, Coal..
Stores, Launch;
&c.
Sundry l'ebtora,... Shipments loss Ad-
173,000.45 101,864 86
So... Pesos at ar 20,054.71" Unexpected Fire In- suranca Premis,
271.65 Pesos at par Accounts Receivable, 34,100.28 Profit and Lose Ac- count-Balance us por Statement,
47,375.07
$076,602.07
Ilongkong, Feb, 28, 1913,
JARDINE, MATHESON & ́o.
LIMITED:
Geroral Agent.
YoulamCop saltlag Com misteo
J. W. C. BONNAB, 1. P. WHITE,
3 lbs. Jockeya who have won
3 or more Officiel Racen in SAFE BREAKER. Hongkong, Shanghai or Tien-
·SENTENCED.
tain penalised 4 lbs. Entrance fea $5. 1st Prize: $125. 2od The Chinese caught picking s Prize: $50. 3rd Prize: $26. safe at West Point, and remand- 65.10 p.m.-One, unda Qarby Mr. F. A. Ilazeland, at the ter Mila Fiat Race. Handicap. Police Court, yesterday, agam -For all China Punios. Juc-appeared before his Warship, keys who haro not won more this morning, when a charge of than one Official Race in long returning fom banishment was kong, Shangbai or Tientsin also preferio I against him. allowed 3 lbs. Jockess who have won 3 or more Offici.1 Races in Hongkong, Shanghai or Tientsin penalised 4 lbs. Entrance fee $5 1st Priz: $125. 2nd Prize: $50. 3rd Prize: $25.
ALICE MEMORIAL HOSPITAL.
His Worship said that for breaking and entering, he would be sent to gaol for ene month and be exposed in the stocks for four hours. For retu ning from hanish. in nt he would, after completing the first sentence, be kept in gaol for six months.
Y. M. C. A Chess Club.
In connection with the Y. M.
10. A. Chess Club, a knock out Handicap Tournament will com
3-4 10 p.m.-Tent Pegging in Pairs. Two runs. Competitors must be mounted on China Ponies. Two small cups to-be!
The Hon. Treasurer of the mence next week, the drawing presented to the winning rais Alice Memorial and Aliated for the first round taking place
at each compoition and at the ffospitals begs to acknowledge on Tuesday next. conclusion of the Season a
thanks with
the following
Trophy will be given to the donations to the funts of the Pair scoring the highest aggre-Hospitals:- gate of points all macetinge Cheung Kut Shing. included.
To provide for Sin Tak Fun sickness or absence from the Colony a new member may be Ohsu Sui Ki
10
W. O. Jack & Co. introduced into a Pair in one Dr. M. E Asqer competition but not more.
W. & R. order to win the aggregate China Foreign Kaitling Co. Trophy the Pair must have Lan Chu Pak
compoted in not loss than four
Dr. M H. Chaun
competiticus. Any pair whe Hon. W. Chatham 0.M.G. ther competing for the Trophy E. D. Kotewal
or no may compete for the
small oups, Entrance fres.
Tho Committee of the Gymk-
Cleveland Arrives.
The 8.R. Clevoland arrived in The Harbour this morning with 30bout 475 passengers on board 25 who are touring round the world. The ship started from San Fran- +25
10cisco, and proceeds on her jour- 10, wey on Tuesday morning.
Quartermaster Floed.
10
5
5
jing
5
At the Polica Court, this morn. before Mr O. D. Melbourne,
the quartermaster of the Shun Lee, was charged with being in 306session of two bottles of Chinese wine on which duty had not been paid. A fine of $2 was imposed. Mr.
·Soengel Rampah Rubber Co. By the 8.8. Delta, Mr. O. D. Wilkinson and Mr. A. Denison, directors in the Soengei Rampah
LANE, CRAWFORD & CO.
TO KEEP ANY DOG FIT, FEED IT ON
SPRATTS'
DOG
BISCUITS
SOLD BY
LANE, CRAWFORD
& CO.
"KING GEORGE IV."
Score Liqueil
WHISKY
THE TOP
NOTCH
OF
SCOTCH.
of
With Each Bottle "KING GEORGE IV” an ab
solute guarantee is given for uniform quality.
The contents of the this blended
vats are Whisky
never less than three million gallons which represents the con- « sumer's security against that guarented Blended & Bottled under Bond at 5. Queensferry, Nr. EDIN« BURGH.
bana Club will appoint a Judge Steerage Passengers.
Seventy-two Chinese steerago whose decision shall be final. In the case of illness or absence of passengers arrived by the ss and Judge appointed the Com- Empress of India last orening,
Rabber Company in which THE DISTILLERS COMPANY'S mittee shall appoint a substitute. from Vancouver.
Rear Admiral Lyon: Hongkong capital in largely in- Auditor's Report.I have au-1-430 p.m.-Ladies' Nomina dited the above Balance. Sheof
tion. Three Furlongs Sentry,
It is announced that Rear terested, left to-day for Sumatra, Meu brs with the Books in Hongkong and
-For China Ponies, Subsorip Admiral Lyon will be compul oi- They are to look over the Com Crning the accounts returns certified by
tion Griffins of soy consoa ardly retire on October 14th this
final arrangements preparatory Committee. the Company's Agents at Manila
100,513 14
$3 822,201.45 JARDINE, MATHESON & Go ̧¶ d.]];
General Agente. Hongkong, 3rd March, 1913, Br. WRITE,
J. W; C. BO: NAR,
3
We have examined the Ac and find rush Balance Shoot in Counts of the Company with the accordianos therewith, la my!"
SOLE AGENTS:
bona fide Polo Ponies cortified year. Rear Admiral Lyon willpany's estate thero and to make GANDE. PRICE & COMUNIDA
as such by the Soretary, long-remembered an Commodore, in to tapping, which will commence kong Polo Club and which Hongkong some four years ago, this year.
WINE - MERCHANTS;
Tol, No. 135,
4. Queen's Bond Chentral, Howan
Page 5Page 6