THE HONGKONG-TELEGRAPH, THURSDAY, MARCH 25, 1915.
[COMPANY MEETING.
COTTON AND YARN
WORLD FREE TRADE.
NOTICE.
REPORT.
Would It Basura Peace?
WE ARE PREPARED TO DELIVER OUR
The China Fire Insurance Company Ltd.
(VERBATIM),
Mesars Polishwalla and Kot- wall's report of to-days date fetates:- N.
11
Rupees T.T. 136.4. sterling Wilson on the alternative, "War In a presentation to President 19.16-18 Shanghai T/T 78,"
Rapes D/D 137. Sterling 4m/ator Commercial Freedom," the
MILK AND BUTTER
„POINT, QUARRY BAY, KOWLOON & CANTON
TWICE DAILY.
The forty-sixth ordinary ing of the China Fire Insurance Company, Limited was held this 1/10 1:8 Japan 894 Bar Silver rustees of the Reform Club TO ANY ADDRESS IN THE CITY, THE PEAK, EAST & WEST noon at the offices of the Company, 23.13-18,
declared that the United States when the Hon. Mr. E. Shellira Our last report, per P. Sarcan accelerate the progrese toward presided. There were also pre-dinia" was depatched on the 12th peace by urging international Boat Mesra J. W. C. Bonnar, iust..
guarantees of free trade at sea. R. Showan, W. L. Pattenden, Since when our market has rul- and free access to the sea. The J. A. Plummer, directors. Mesere ed dull throughout the fortnight. Presentation, dated February 10, K. D. Gazdar. W. E. Clarke, In the beginning of the period quoted Mr.JacobSchiff's summary FE. Mollugh, D. Clark, Funder review, one or two of the of the war situation sa follows: Smyth, B. M. Conceicao, G. H. importers lowered their rates May, T. G. Well, A. H. M. de three to four dollars and thus Silva, Chan Pat, Leung Yan Po. managed to dispose of some 2,500 and C. Pemberton, secretary," bales.
The secretary having road the notice convening the meeting, the ghairman said:
Latterly, however, ibe native dealera have refused to operate despite the inducements held ont to them by way of further con cessions in values.
The Bombay market is report-
The directors' report and state ment of accounts having been in your hands for some time, I will, subject to your approval 'adopted quiet. the usual course and take them s read.
"
Total sales 2,500 bales.
Warcould only be made to ceaED entirely if all the nations of Europe could be organised into a United States of Europe and if free trade ware established throughout the world. In the first instance, the extreme nation. aliem which has become so ram- pant during the past fifty years, and which has been more or less at the bottom of every war, would
'ORDERS FOR MEATS AND ALL DAIRY PRODUCE CAN BE REGISTERED AT OUR TOWN DEPOT OR AT OUR BRANCHES AT THE PEAK, QUARRY BAY, KOWLOON & SHAMEEN.
THE DAIRY FARM CO., LTD.
then cease to exist and prevail, cause which bring on wars?"
.
HONGKONG CRICKET
CLUB:
Unsold stocks, and undelivered and in the second event, namely, The situation confronting the The past twelve months uc-in godowns 76,000 bales..
if free trade became established European belligerents and the fortunately have proved nono too Arivals. The Mail Str. throughout the world, the recoss-natioral commercial rivals of the favourable, is losses were the "Nabin" and ex'ra Str. "Bombay ity for territorial expansion and world was thus summarised: beaviest in the history of the Man from Bombay, and Str.ggression would no longer be
Servia wants a window on the the Hongkong Cricket Olah The following will represent company. While theso were "Kulsang from Calcutta have araded, for with the entire world, and is shut out by Austrian against Kowicon on the latter's "pread over a number of agencies, brought in 6,100 bales for Bongopen on equal terms to the com-influence.
ground on Saturday 27th Maroh, we had more especially to deplore kong, and 5,500 bales for Shang- ation, territorial possession would east-Constantinople or Salonics, Grace, O. A. Hooper, P. Jacks, Ametrin' wants on outlet in the T. E. Pearce, (Captain), A. L. merco and industry of every heavy claims through a series of hai. Shipment from Hongkong fires on the cotton greens in Bem-to Shanghai 1,000 balos.
not be much of a consideration Russia wante ice-free ports on R. Kennedy, M. M. Maas, E. J. R. the Baltic and Pacific, Con-Mitchell, S. S.. Morra, B. E. bay and considerable losses in the Shangbai-This market is to any people. Philippines. The war too has advised dull,
Mr. Schiff regarda this as stantinople, and free outlet from Muriel, H. H. Tayler, R. L D. affected ne adversely, for up to its Japanese Yarn.-Small sales utopian," the presentation stated, the Black Sea into the Medi Wodehouse. outbreak premium income showed have done under our notice, and adding, "but there are differing tetranean. an upward tendency, but this pricen ahow a decline of three kinde and degrees of restrictions Germany claims to be hemmed was followed by a considerable dollars per balo. 100 bales Yellow upon trade." The reatriotions in by a ring of steal, and beeda falling off in the latter months of Joes No. 20 at $108. 50 bales were dealt with as follows: the facilities of Antwerp and SPECIAL POLICE the year and there is no im Sethu No. 20 at 113.
Rotterdam for her Rhine Valley mediate improvement in thiet Raw Cotton.-Bengal, no sales. (1) There is the restriction of commerce --- Eécurity sgainst cour action.
Chinese 400 small bales have been tariffa imposed by nations upon being shut out from the east by Working account 1013 ran sold at $2400 per picul. Qacta-existing circumstances, it must overland route, and freedom of themselves (protectionism). Under commercial restrictions on the
tins Bongal at $1000 to $2000, Chinese at $21:00 to $24.00.
DAY BY DAY
Limitations on Sea Trade.
be left to the intelligent self-
interest of the masses and the solvent influences of commerce to slowly overcome the delusions and the selfish privato interests on which this obstraction is based.
RESERVES ORDERS-
Paradea this week aro £8 follow:-
To day-let Portuguese Cum- pany-5 30 om.
the seas for her foreign commerce. England must receive uninter rupted supplies of food and raw materials, and her over cotish Company with arms-5.30 Friday, March 20th.-18 Bri manications must be maintained. This is trao also of France, Pom Germany, Belgium, and other
Saturday, March 27th.-No. 1
arch 27th. European countries."
Platoon, Lat. Chinese Company;} Musketry Practice under Inspector Potter, Peak Range, 3.00 p.m.
Company will parade at Central
Remainder of 1st Chinese
etalion at 3 p.. under Sergt.| Mason.
(2.) Thore are restric'ione upon the beat asta fer international commerce, of the terminal and
Japan, like Germany, must land transfer facilities of the have opportunity for her ex- gront frade routes and seaports of panding population, industries, the world. A few such ports and commerce. command entrance to and exit The foreign policies of the from vast continental hinterlands. nations still at peace are also It is vital to these interior ragione, determined by trade relations. tht their natural communications" Our own country desires the open with the outside world should be door in the East."
Through Dutch Sources. Wilful damage to some trees equally vital to the rest of the States and Scandinavia are al-Germans are concentrating troops kept widely open, and this in Sonth and North American of the British victory and say that Dutch papera report the resul
Matheson and Company, has such ports and routes to the de- interference with their ocean trade. Bassee and bave mounted forty- belonging to Mesara. Jardine world. Obstructive control of ready protesting against the war's in the direction of Ypres and La been reported to the Police. Itriment of the world's commerce is reported that some one stripped can not, and should rot, he possession of satisfactory harbours kerke, wherewith they are bomb All nations that are not in two centimetre guns near Middel- the bark off them.
tolerated by states whose interest on the sea demand ontlet, and arding the sluices of Palinbrugge are adversely affected.
cannot and ought not to be con- at the entrance to Nieuport.. But routes and ports are need-tented till they get them.
Nations desiring to tztend
with a profit of $244,700 76 which, while much smaller than asuel, would under ordinary air- cumstances have" permitted, the samo distribution as last year. Unfortunately we had to face a depreciation in our Securities of 802,051.75 and it is a matter of |
Theft of Clothing, A coolie at 50 the Peak has regret to your board that they pre therefore only able to recommend complained to the Police that he a dividend of $7,00 and a bonus bas had stolen from him clothing of $2.00 a share, absorbing and boote to the value of $12. $180,000.00, and the addition of
Found Wandering. The police have sent to the the balance of $84,708.75 to Investment Fluctuation Account. Hospital a Chinese woman whom With this addition and after the they found wandering on the depreciation has been met the rage. She is apparently suffer account will stand at $5,033.94ing from an unsound mind." as shown in the balance sheet. In this connection I may mention that"
your directore after due consideration dovided to write 5 per cent. off the book value of all sterling securities, where no market quotation was available.. Tour direptors however, satisfied that all the Securities are Bound ones and their depreciation we hope is only temporary..
Working account 1914 shows balance of $300,608.36 which is the smallest carry forward for many years, and we can only hope that this will ran off with a minimum of losses.
ore
Damage to Trees.
Hongkong Police Inspection, Tue annual inspection of the Hongkong Police Force will take ed for use, not government; and place to-morrow afternoon in the port ivaries constantly tend their colonial enterprises being made by H. E. the Governor. equal facilities to all, The swell; commercial reasons-either to seek to influence similar freedom Police compound, the inspection towards offering the beat and tertain these ambitions Er Foblic opinion of the world should
Henry Comrie, late Chief Officer mutual interests wil more and euch markets for themselves and gear, and Chins ports..
We regret to learn that Mr. clearing their own chaquels, and cannot be excluded or to develop Constantinople, and at Adriatic, are possess markets from which they for international exchinge at .8. Mexico City died last evening more prompt the States through be able to exclude others from
Chief Officer's Death,
ing tides of commerce
The increase in charges is Institute Mr. Comrie's home was prst to facilitate the movement mocounted for by heavy legal ex-in Liverpool and his age was 37. of commerce. penses incurred in connection The faceral takes place to-mor with our new articles.
of pneumonia at the Seamen's which the principal trade routes them when they so determine.
In regard to our mortgages the
company's surveyors have reporte
ed on the properties under loan)
row at 10a.m.
to us and we are satisfied that our against. The next busigeas is the advances are perfectly safe,
re-election of directore,
second ibat.
TO-DAY'S ADVERTISEMENTS; 10 LET.
The desire for commercial pri mercial restraint is the primary TO LET No. 11, Hankow vilege and for freedom from com-
Cause of war...
ORIGINAL CERTIFICATE is
AND VOID, and a NEW CERT-
(3) There are restrictions upon opportunities to trade with fer- ritories ruled as colonies, or being
Road, Kowloon, alx rooms, exploited within spheres of in
At the close of this war must Moderate Ront. Apply :-4 Vic- fluence. This is what now. re-the freedom and protection of sas THE HONGKONG & KOW-
not the civilized world agree on toria View, maine of the cld mercantile system trade and a world guaranteed I will now move that the Mr. A. H. M. da Silva :-I beg which f:urished before out Re
LOON WHARF & GODOWN.
CO., LTD, NAME AN directora report and statement to propose that the Hon. Mr. Evolutionary War and which his peace in the era except as War- of accounts for the year 1914 as shellim and Mr. J. W. O. Bonnar tesa weakening ever since. Great ships may fight or porte be closed The Share Certificate No. 6013 presented be adopted, after this be re-elected directors,
for Twenty (20) Shares numbered Britain claims no preference for byffective blockade? has been seconded 1 shall be glad
Mr. Lenog Yaa Po:-I beg to her ell in her colonies. Other legitimate aim of Germany and standing in the name of Mrs. Such a policy would meet every 58162/81, in the above Company to answer any questions that may
States have been less liberal. The be put relating to the business be. The chairman: It has been fear of such restrictions being Great Britain. Its working would Laura McIntosh having been re- fore the meeting.
proposed by Mr. da Silva and applied against them is to day accelerate the development of ported lost, NOTICE 18 HERE- Mr.W. E. Clarke-I beg to reconded by Mr. Lenog Yon Po, the main motive for a policy of every port for the impartial bene- BY GIVEN that unless the second the adoption of the report that myself and Mr. J. W. C. colonial overses possessions. If it; and thus serve the interesis date hereof, it will thereafter be fit of all who would need to use produced within one month from and statement of accounts. Bonner be re-elected directors. industrial States could be as ared of Russia, Austria, Belgium, and held by the Company as NULL
The Chairman:-There being Those in favour-against-car of the application of the open- the Balkans. no questions, gentlemen, it has ried unanimously. The next door polioy, no State wou'd enry Panama, Suez, Gibraltar, the IFICATE for the said shares will been proposed by myself and business is the appointment of another its colonies. Oolones Dardanelles, Kiel, the Sault, the be issued. seconded by Mr. Clarke that the auditors.
should be the world's commons. Felt, the English Chancel, and Mr. Moliugh I beg to pro- (4.) There are restrictions on less important straits might woll report end statement of accounta be adopted. Those in favour will pose the appointment of Messra, the free use of the sea. Unlike to considered as the world's in Hongkong, 9th March, 1915. please hold up their hands.-AR, Lowe and C. Bernard Brown land routes, coean routes are ternational highways through THE CHINA, FIRE INSUR- those against carried unanimous as anditora at the remuneration offered practically without ccst toleration ly. The next business is the con- of $500 esob.
which commercial passage shallANCE CO., LTD. all, whitheroever the sea rue.always be maintained on equal NOTICE TO SHAREHOLDERS. firmation of Meaars, F. Lieb, A. Mr. F. Smyth: I beg to second Over these, however, till modern tarma for all ships. The Dividend of $7.00 and Widmann R. Shewan and J. A. that,
dr. times commerce has been subject Plummer se directors. But
Rotterdam and Antwerp are Bonus of $2.00 per share declared The chairman: The appoint-to pillage by regular warships as the North Sea ports which natur at the Forty-sixth Meeting of Mr. D. Clerk-I beg to pro- ment of Messrs. A. B. Lowe and well as by pirates. The claims ally serve the trade of central Shareholders held this day will pose the confirmation of Messrs. O. Bernard Brown as auditors at of commerce have been more. F.Lieb. A. Vidmeen, R., Shewan, a remuneration of $500 each has slowly recc guised on the gea than Europe, including that of eastern be payable at the Hongkong and and J. A. Plummer as directors been proposed by Mr. McHugh on the land and to an extent Estern France, Germany, Aus on and after Friday the 26th Central Europe, including that of Shanghai Banking Corporation Mr. K. D. Gazdar :-I beg to and seconded by Mr. F. Smyth. now unthinkable on land, war tria, Switzerland, and Russie, Shareholders are requested to
March, 1915, Beoond that.
Those in favour will please hold ring states still feel free to in- and their neutral service, or at apply to the Office of the Com- The chairman: The confirms-op their hands—Against. That terfere with neatral tradere. least that of the best equipped pany for Warrants. tion of the appointment of direc is all the business, gentlemen. A World Restrained. tore has been proposed by Mr. Thank you for your attendance.
The
free port districts within By Order of the Board of Olark and seconded by Mr. Dividend warrants will be ready view of rhsensation asked if, in them, as well as that of Directors.
what is now going on in hondel railroads between 1 Gazder. Those in favour will to-morrow and may be had on Europe can any one believe that and interior countries, should be them plexee hold up their handa application at the office,
arbitration can deal with the real extended and guaranteed. The Hongkong, 25th March, 1915,
W. S. BROWN,
Secretary
MACKINTOSH
& Co., Ltd.
Men's Wear Specialists.
SPECIAL VALUE.
WHITE
"SUMMIT " TUNIC FRONTS Stiff or Soft Cuffa
13.75 on. 6 for $26.00
16%
IN
SHIRTS.
OUR SPECIAL TUNIC FRONTS Soft Double Cuffs
13 00 on. & for $16.50
"SUMMIT." PLEATED FRONTS For Dress Wear
44.00 s. 6 for $22.00
PERFECT IN CUT, FIT AND WORKMANSHIP.
DES VOEUX ROAD
WM. POWELL,
TELEPHONE. 316.
16
LTD.
CENTLEMEN'S HIGH-CLASS TAILORS. NEW CONSIGNMENT OF SPRING GOODS.
FLANNELS,
NOW ON SHOW
SAXONIES,
CASHMERES,
ALPACAS,
LINENS. Fit & Style Guaranteed. Wm. POWELL, Ltd.
J. ULLMANN & CO.
The French Jowellery House. Grand Assortment in
WRIST WATCHES.
PRICES RIGHT. &
As DIAMOND MERCHANTS woare LEADING in the Eant.
SEE THAT
YOU BUY
IT MEANS
Bumble
EVERY RECORD HAS THIS MARK
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COLUMBIA RECORDS
PLAY ON ANY MAKE OF GRAMOPHONE. DEMONSTRATION DAILY. THE ANDERSON MUSIC CO., LTD.
SOLE DISTRIBUTORS, & Des Vœux Rd.
TELEPHONE 1322.
DCL
ACT
LIVER OU
Distillers Compur L
EDINBURGH
A TYPICAL FOOD
"D.C.L."
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WITH
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THE DISTILLERS CO., LTD.
EDINBURCH.
PRICES: 1 LB. JAR
$0.80
1.50
SOLE AGENTS :
GANDE PRICE & CO., LTD.
O. PEMBERTON, Tel. No. 135. 6. Queen's Road Central,
Secretary.
Hongk
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