COMPANY REPORT.
The Shanghal Dock and
Engineering Co., Ltd.
The report of the Board of Directors of the Shanghai Dock and Engineering Co., Ltd., for presentation to the eighth annus! general meeting, to be held at the Head Offes, 26, Broadway, to-day, is as follows:-
Gentlemen, The Directors submit herewith their report and statement of accounts made up to April 30th, lost.
The net profits for the year ended the 30th. April, 1914, in- cluding the amount brought forward from last year, and after paying all charges and allowing. for all known liabilities, amount to Tle. 313,508.12.
"This amount the Directora recommend to be dealt with as "follows:
A dividend of Tis. 5
per share absorb- ing Tls.
Amount to be carried
L
THE
Fund taken over from 8.0. Farn-" ham, Boyd and Co., Ltd., Sundry Creditors -- Local Bills, etc. Employees, for De-
posits...
Directors', Agents'
and Auditors' Fets...
Unpaid Dividonda
500,000,00
111,880,41
Profit and Loss Account Balsuos
Old
***
Tis. Property Account:---
Land:
Dock, Cosmo politan Dook, In. ternational Dook, Tankadco Dock, New Dock, Poo tung Engine Works... 211 011
Docks, Bundinge,
Wharves and Walls:
Harbour Mooring
Buildings:
HONG KONG TELEGRAPH.
EXTRA
HONGKONG, FRIDAY, JULY 17, 1914,
'Auditors' Report to the Share- holders of the Shanghai Dook & Engineering Co., Ltd.
We have audited the above Balance Sheet with the books and accounts of the Company and have obtained all the information 4,825.00 and explanations we have re-
1,729,419.03
· 276,000.00 | At all establishments 1,244,1086.27
forward to New Account-Tie. 37,508.12 At all establish-
Th
*mente"
*
23,355.72
466,276.85 FLOOD RELIEF FUND.
102
94,295.95
115,900.00
Tlu. 313,508.12 Machinery and Plant: The only change in too Dook At all establish- orate during the year under ments
1,137,478.92 review was the resignation of Mr. Tools, Patterns and Gear: D. Landale, and the election of Mr. At all establish- O. E. Anton to fill the vacancy.
monla In accordance with Paragraph Steamers, Launches 98 of the Memorandum and Art-
Vessela ioles of Association, two of the Pontoons, Directors, Messrs. A. M. Marshall and Carl Michelan, retire; the latter, being eligible, offers him-Farniture: self for re-election.
וגו
74,925 87
Big Chinese Bazaar Planned,
on the 28th lost."
BANKRUPTCY CASE.
Receiving Order Made Against Chinese Firm.
In connection with the affairs of the Shan Chaen Firm, the Chief Justice, Mr. Justice Com- pertz, to-day heard an ex parte application by Mr. Grist, of
money.
The receiving order was made.
tura
Mr. HOMER CROY.
A MERICAN HÚMOROUS. »
WRITER
IN HONGKONG.
Thinks Hongkong Wants Waking Up.
An interesting visitor to Hong kong just now is Mr. Homer Oroy,
I
parisons. To give an instance: THE LATE MR. A.G. STEEL
where, in connection with the word "typewriter," an English- man will at once turn the joke on the "double meaning of the word -the machine and the girl-the American will content himself
Cricketers all over the world,
with saying that the typewriter and not least in Australia, will makes a noise like an ungreased lament the death of Mr. A. G. waggon-wheel.
1
Admittedly the English have Steel, famous in the late a better and bigger command of seventies and early eighties words than we have but, in ad- both 10 baisman and
quired. It ia considered that the 'T'ls. 500,000.00 standing to the 7,900.00 credit of Depreciation Account 1,403,00 is amply sufficient to cover any depreciation of the Company's 124,000.29 fixed assets. The stooks of ma-Mesere. Wilkinson and Grist, on one of America's younger genera-dition to this, they have for more bowler. He came of a cricketing
terials and their valusa have been behalf of the Tang Shing Cheung tion of humourists, who is touring men than we, who have succeeded 313,508.12 certified by the Manager and Firm, for a receiving order to be the world, on behalf of Leslie's in embodying their humour in ancestry and his triumphs began
Secretary; the values of the ma- made against the first-named firm. Weekly,"
fiction form, and so preserving it as Marlborough, where he cap 6,959,517,41 chinery, plant, tools and work in Mr. Griat said that this was an
Mr. Croy is author of "When to for future generations; whereas, tained the school elevon for two progress have been certified by ordinary creditor's petition. It lock the Stable", and is a frequent with the exception of Mark Twain years, the Manager. Subject to the was in the usual form and the contributor to many well-known and a few others, some of our foregoing, euch Balance Sheet is two sate of bankruptcy alleged American papera and magazines; people's cleverest work has been On going to Cambridge he so- in our opinion properly drawn up were, firstly, that the managing and this morning he gave to the in the shape of fugitive papers hieved the distinction, never before so as to exhibit a true and correct partner had absented him- Telegraph some interesting views and short paragraphs, which have or since equalled by an under- view of the state of the Company's self from Hongkong, and that on the subject of humour in stood no chance of being pre- gradaste, of hending the English affairs according to the best of notice had been given to the general.
served,"
bowling averages. He at once our information and the explana- creditors that the firm had I used to write tragedy and
"But.. how about Artemus became an All England cricketer, tions given us, and as shown by suspended payment. The trustees, serious staff," he said: "but Ward?" Mr. Croy was asked. played eleven times for the Gen- the books of the Company.
"Will you be surprised to tlemen against the Players st who had been appointed in find it easier to live by amusing LOWE, BINGHAM AND Chinese fashion, had in their the American public."
know that Artemus Ward is no Lords, and took part in thirteen MATTHEWS, Auditors, hands about $30,000. They had
This, in his own words, is how longer read?" was the reply. Test matches against the Anstra- Shanghai, July 3, 1914. not distributed, and they were Mr. Croy started bis journalistic" You have to remember that liang. He was a stalwart member
neglecting to collect any farther and literary career:
fashions in this sort of thing are of Mr. Ivo Bligh's touring team. "My first job was working on continually changing. The early Mr. Steel was really the first the local paper. I received humour consisted very largely in bowler to devise the art of" three dollars a week-every week, mis-spelling words. Then came concealing from the batsman the rain or shine. I was the boat another phase: spelling the words way the ball was going to break, leg reporter the paper ever had, correctly, but writing ungram and Mr. Edward Lyttelton, who I could walk farther and ask matically. People got tired of kept wicket for him so often, batches to take their alternately.
more questions getting a two-line these, and have now entered on used to say that he was never 10. From the commencement local paragraph than any other the new phase of correct English quits aure how the ball was going of the bazaar, the Executive person ever employed on the and finer and
more subdued to tara. Mr. Steel was a famous To Last Seven Days, Beginning Committee shall meet at the paper. The first two weeks, humour. I believe that Bill Nye Admiralty lawyer, and, at the
bazaar at 7 o'clock each night for about the only stories. I turned is the only one of the old funny time of his death, was Recor the despatob of business.
in were happenings in my own men who will live; and to my dor of Oldham. I remember family. My father couldn't shut way of thinking he was a greater two characteristic things done in A meeting was held last night
the front door without my having man than Mark Twain; but he the fold by A.G." Playing at the offices of the Confucian
it in the paper. One day the laboured under the disability that against the Australians at Liver Society to discuss the advisability
Editor called me in and said, I have mentioned, namely: that, pool he captured the most of holding a bazaar in aid of the
12. The members of the
"I'm afraid I'll have to dispense with one or two exceptions, he formidable batsman of a great Flood Relief Fund. In spite of Executive Committee shall each with your services; there aren't only handled real humour in smiting side, when that player the inclemency of the weather, pay $5 for a rosette.
enough Croys taking the paper short 1,000 word articles, many was well set and as comfortably there was a large attendance. The Hon. Mr. Lau Chu-pak was voted elected viz:-President, Hon. Mr. Taking the hint, I resigned. In actual fact, Bill Nye said more creeping up close to the wicket The following officers were to make retaining you profitable." of which have been lost to us. "in possession" as's balliff, by. 10,800.00 to the shair. After some explan- Lau Cha-pak; Vice President, Eventually I got a job on a paper witty things in balf his lifetime unseen, a manoeuvre for which he atory remarks by the Chairman M. Ho Kom-long; Treasurere, in St. Louis-filling the fire than Mark Twain in the whole used the ampire as an effective concerning the object of the Messrs. Chen Kai-ming, Un Kam buckets. The editor said be of his. 981.00.13 meeting, it was decided to hold a wa, Li Po-kwai and Li Sai-kom; and the home paper spoke of it humour. Here is an example painful surprise to the batsman. screen, and thereby snapping up thought I was gifted in this line, "I myself like the thinking an impossible catch. It was a bazaar -at the Tang Ting Secretaries, Mesare. Ip Lan-chuen. Restaurant at Kennedy Town in Lo Cheang-shiu and Yeung as "a lucrative position."" not my OWN. Two shop The other episode was also in a aid of the Flood Relief Fund, for Pik-chi.
"When they found they could get "girls were debating as to match against Australia. "A.G.” saven days, commencing from the
they should buy a Amongst the other members of along without me, I wout to New what 28th instant.
was captain of the English side York and got a job with a press third for a present. One said, and the Australian batsmen were the Frecative Committed are:- The following regalations were Mere. Chab
agent. My principal duty con- I thought of buying her a making bay of "A. G's" best me- Kang
-yue adopted at the meeting:- Ma Ying-pia, Во
Oh," said the other dium paced bowlers. At last he sisted in telling him when to book.". Fook, 1. This society shall be called Chan Ra, Choy
dack out of the side door, one; but she's got a book." Cheong, Then I got
took the blanket off his dark horse; the Kwong Tung Flood Relief Choy Hing, Ma Wing-chan, Ng
job on a "Here's another, my own, this i. e., put on a quite unknown Bazaar Society of Hongkong. Hon-tsz, Chan Lok-chnen, Ip magazine, and pretty soon found time. A father was taking his West-country fast bowler whose 2. All those who subscribe Sau-chi, Chan Cheuk-hing, Ma ed one of my own. Personally little daughter along the sea considerable merits had attracted money or send articles or render Lak-sun, Ohau Sin-ki, U Hoi-chan1 am tall-with a high, backward shore; and, to keep her amused" A. G's" discriminating notice. services to the Society shall be etc,, etc.
forehead, getling more back for a few minutes, he said. The new bowler peeled off his come members of the Society. A suta of over $10,000 has a ward each year. It won't be long Look here, Mary; if you can find sweater, and prepared, under the 3. Subscribers of $25 and up-far been subscribed towards the before it can be seen by the two pebbles exactly alike, I'll watchful eyes of the Australian warda shall become honorary cost of articles to be sold at the people in the row behind." give you pa dollar." The champion, to looten hie Arm members of the Committee. bazaar. The landlords and pro-.
As has occasionally been done father thought
he would by sending Those who take part in the prietors of the Tang Ting before by Americans, Mr. Croy is now be left in peace; but the next usual practice balla. "A.G." management of the affairs of the Restaurant have kindly agreed to making notes for a book on China; moment the kiddie ran
up, stopped him peremptorily, Papa," she said;"I've got one Society shall become members of place the building at the disposal bat with this reservation that
"Bowl at the wickets, man, ho the Executive Committee who of the Society, free of rent,
it ia to be avowedly comic instead of them,"
Baid, "don't give your band shall, from among themselves,.
of characterised by unconscious "What's the funniest thing away to begin with." That elect a President, a Vice-President,
humour. In this way it should you've seem in Hongkong?" bowler's first ball knooked the four Treasurers and three Scoreta-
be a great success. In his writ aaked the interviewer; whereto leading batsman's middle stump inge he follows the. more Mr. Croy replied somewhat almost as far as longstop. subtle aspects of fun, and gloomily,
Steam Dredgers, Pile- drivers, etc....
Office and Draw- Owing to his approaching ing Office departure from Shanghai, Mr. A. Furniture, M. Marahall does not offer himself drawing mate- for re-election, and the Directors rials, and ap- will propose the election of Mr. pliances, plans, EC. Richarda to fill the vacancy.
etc.... The accounts have been auditedStock Account:- by Mesars, Lowe, Bingham and Value of Materials on Matthews, who offer themselves band
for re election, ‘..
Profit and Loss Account.
To Directors', Auditors'
and Agents' Fees Tis.
200
8,400.00
Depreciation of Invest-
mente Balance
1,174.20 318,508.12
Tis. 323,082,41
By Balance brought
forward ... ...Tis. 180,116.29 Less Dividend of 3 per cent, declarad 16/7/13
...... Tia. 165,600.00
Tle. 14,516 29 155.00
Unclaimed Dividenda Transfer Fees Col. leated during year Interest received and
estimated accrued
on
Investmenta,
Deposits and Cur- Account
rent.
with Book
less Interest on Cash
101.61
Deposits with Company ... 18,767.60 Transfer from Gener-
al Working Ao- count
199
289 541.82
Tls. 323,082.41
Balance Slicet.
CAPITAL AND LIABILITIES:
Capital Account :-
Registered Ospital,
Sundry Debtors :~~~ Accounts in course of
of
collection, etc., (including value completed portion of un- finished work, Tls, 206,639.19) less reserve for bad and doubtfal dabta Investments and Deposite.
6 North-China Insur- rance Co., Ld'....
20 Hall & Holtz, Ld. 18 Yangleze Insur- rance Association Ld
1 Hongkong Fire In- surance Co., Ed. 10 Canton Insurance Office, Ld.......!
170 Shanghai Mutual Telephone Co.,
Ld
Note.-There is a small contingent liability for uncalled capital on certain of above investments.
Hongkong and Shang-
435,782,41
Shares
12
ries,
not
11. The members of the Executive Committee shall refuse to take up the duties al lotted to them.
Tung Wa Fund. We have received a further list of subscriptions to the Tang Wa Hospital Relief Fund. The Fand now totals $108,821.51.
7
two
160 Kochien T'p'in&
4. The organization of the Tow Boat Co.,Ld.
Bazaar and management of all Tla. 20,038 41 affairs shall be left in the hands
of the President and the Execu tive Committee.
Harbour Offence, 5. It shall be the duty of the At the Marine Court, this Executive Committee to select a morning, site for the bazaar, and to use allowed their lighters to remain Chinese who their influence with the charitably in the cable reservation, wore disposed persons to make gifts in fined $15. the shape of articles, which shall be sold at the bazaar. 175.00 6. The proceeds of the sale of Mortgage on Becurity, 100,000.00 all articles, together with the subsoriptions collected, shall, benture............ 90,000.00 after dedusting therefrom the expenses of the bazaar, be sp 683,723.91 propriated for the relief of the
flood sufferers.
hai Banking Cor.. 'poration Fixed Deposits... 373,512.50 Telegram Deposit...
Tis. 100 Tls....5,570,000.00 First Mortgage De-
55,700 shares at
Subscribed Capital,
55,185 shares is.
sued at Tls. 100
fully paid up...5,518,500.00 Cash.
15 shares at Tis. 100
duemembers late
8. 0. Farnham,
Boyd and Co.,
Ltd. to be issued on application
In hand...
At Bank Current
Account At Bank Dividend
Account
1,500.00
55,200 Shares...................5,520,000,00
Reserve Fund :--
Balance of reserve
taken over fram
8.0. Farnham,'
Boyd and Co Ltd, 500,000.00 Depreciation Account:- Transferfrom Reserve:
7. Admission to the bazaar 1,088.81
shall be by ticket. The coat of a 74,173.04
ticket shall be 20 cents.
8. All those who take part in 540.50 the management of the affairs of the bazaar shall give their ser 75,802.35 vices gratis, and find their own food. This regulation, however, Tle. 6,959,517.41 shall not apply to the employees:
of the Society.
Jas. H. Osborne, Secretary, John Prentice, H. A..
3. Maoray, O. E Directors, Anton, A. M. Mar shall.
Lecture.
3
"
down the
Returned from Leave.
so his work forms a useful soun- "Hongkong doesn't. Beam terblant to what has been termed the sort of place to pro- "the heavier type of jest, which, vide humour. In the North till recently seems to have satis I saw onckle-burra growing fied most American humour on the Great Wall of China which I had-expected to find just an readers."
"American humour," said Mr. ordinary wall about a foot thick,
Police Sergeanta Button and Croy consiste mostly in exaggera. with lovers initials carved out Paterson have returned to the tion: personally I believe in, if all over it; and in Canton I saw Colony after being Home on leave. anything, under estimating the a flea-trap. Those things were Sergeant Marks has had an ex- force and possibilities of a funny funny in their way; but I guess tension of leave, and is due in A leotars, which all ofers not situation. Now I'm just reading Hongkong's just about the most about two months' time. given by Lieut-Colonel F. Ren- first time, and I zaust say I like Everyone takes himself so "on duty are to attend, will be your man, W.W. Jecoba, for the lugahrious place I've struck. July 30, at 11.20 a.m. in the R.A nick, 40th Pathans, on Thursday, him immensely, though I don't thundering seriously. If you ask Theatre, Victoria Barracks. Sub-much of a hit in America-st matter, the man to whom you're
Dog-owner Prosecuted." would make information on the simplest ject The Events
Mr. W. Davies, of the Seamon a present. His points are a little speaking gives it with the air of Institute, was charged this morn Waterloo."
too fine. We Americans are just the most profound wisdom, and ing, at the Police Court, with beginning to learn. Our notion of every other man you meet goes allowing his dog out without humour is still a little of the along as if the whole weight of having its muzzle on. The caso "slap-stick" order; seeing matter the responsibilities of the Colony was remanded until tomorrow. for laughter in a chair's being rested on his individual akoulders, pulled from under a man: and I guess Hongkong would do with not yet come for Jacobe to be therefore I say that the time has little waking up." appreciated over the other side.
Promotion.
after
The following is an extraer from the London Gazette, dated June 16:-The King has approved the promotion of the following Officer Lieutenant Eric Hubert Gray, of the Indian Army-Second 74th Panjabis, to be Lieutenant Dated 24th April, 1914.
Leave
9. The bazaar shall be open each day from 2 p.m. to midnight, for a period of seven days. Those neighbouring countries, is granted Leave on private stairs, to the who shall take charge of the stalls shall be divided into two to Major G. B. Crisp, R.A.M.C.,
from August 5 to September 30.
believe be
To-morrow's Auction.
Anarchists in London.
Members of the International "One leading difference, that I
Anarchist Group are gathering find between English and Ameri- To-morrow, at 11 a.m., Mr, G. ln London for the annual con can humour is that the English P. Lammert selle at his sales forence of delegates from all parts words, while the American trade of a well-known tailor's Hackney towards the end of tends more towards playing on room a portion of the stock-in of the world, to be held at consists largely in happy com- shop.
August