15 Episodes.

HONG

HONGKONG THEATRE

ANOTHER STARTLING FEATURE

30 Parts.

"THE TREY O' HEARTS."

THREE EPISODES WILL BE SCREENED EVERY WEEK, COMMENCING WEDNESDAY, 18TH OCTOBER. On SATURDAY, 21st OCTOBER, - SEE 3rd and 4th Episodes of

"THE

MILLION DOLLAR MYSTERY."

THE BUDGET SPEECH.

AN ESTIMATED SURPLUS OF $1,849,488.

HIS EXCELLENCY ANALYSES THE FINANCIAL POSITION..

Buoys ..-.

emigraats Medical Treatment Sunday cargo-working per

mits

meter rents

Was Postage

In our insus of last evening, we Deeds Registration......... garea numary of the Ex- Fers for use of Government cellency's Budget speech at Yesterday's meeting of tue Medical Examination of Legislaure Ujuacit, of whica we now publish a fait soojani. Tae spreca was made on the cascoduo tion of a Bil: to apply a sám ơi! #xoowding $8,633,1U5 LU Le Water, excess supply and Fabud Service for the year 1917) the first reading of waloU moved by the Hon. Unos Coaching, local traffic Ssuretary nad sedžudoj by the Goods, through traffic Boa. Colonial Treasurer, lae But Lands not leased being subsequently road a fi:: Leased lands, New. Terri- Lime. His Excelloney está :-

Konourable Members of the Le Slaughter-houses gislative Council, I think that you] Premis on new leases...... will agree that the financial position disclosed by the Estimates before you must be regarded as eminently satisfactory.

tories

9,000

32,000

35,000 5,000

ciency with which Mr. Tutcher and his Assistants carry out their dutica,

NOTICES.

THE DAIRY FARM COMPANY, LIMITED.

In the Department of Education, under "the head."Queen's College" it will be noticed that the appoint ment of Translation Master has been abolished. This post has been filled for several years in a most efficient

NOTICE IS HEREBY GIVEN that an Extraordinary General aanner by the Reverend" H. R Welle, of the London Mission, who | Meeting of The Dairy Farm Company. Limited, will be held at the never spared himself in giving all Company's Office, No. 2, Lower Albert Road, Victoria, in the Colony the time at his disposal to the work, of Hongkong on Monday, the 30th day of October, 1916, at 11.45 and it is a matter for deep regret o'clock in the Forenoon when the subjoined Resolution, which was that the demands on time have necessitated his resignation. Arrange passed at the Extraordinary General Meeting of the Company held mente have been made for the per- on the 11th day of October, 1916, will be submitted for confirmation

inance of the duties by the apas a special Resolution. pointment of a senior Vernacula

bás

Under Miscellaneous Services the Warders. Assistant Warders and following changes should be noticed. | Guards have been provided for. The contribution of $2,000 towards These temporary arrangements are the maintenance of the Signal Sta necessitated by the absence of four tions at the Peak and Cape d'Aguilar Warders who have gone to the front, is no longer required, since. the and by vacancies in the European erection of the Wireles Station at the Staff, which cannot be filled at pre- latter place. A sum of 82,100 has went. Under "Other Charges" the been entered under this head for votes "Clothing and shoes for Staff”' language bonuses, and correspond- and Clothing for prisoners" have ing entries under various depart been increased owing to the higher ments have been omitted. The cast of materials, and a new item of amount provided to meet the loss on 82,000 has been inserted for repairs subsidiary coins ans been reduced to plant used for Reinunerative In- from 8750,000 to 8300.000. It is imdustries. This work has hitherto possible to estimate"at" present with been paid for out of the Public any approach to accuracy what sum Works Department votes. will be required. It is impossible. In the Medical Department under to predict when the rehabilitation "Personal Emoluments" the oppor-alaster. ine posts of four visiting That the Articles of Association be altered in manner fol- of these coints will be completed and tunity was taken of the departure vernacular Teachers have been abo

lowing:- 10,000 withdrawals from circulation cease of the Assistant Medical Officer at lished. In the Belilios Public 50,000 The sum entered must, therefore, be Kowloon to abolish the post, and in school" provision has been made for 6,000 looked upon as in the nature of a ite place a post of Chinese Medicala third Assistant Mistress, and the 5,000

guess. Economies have been made Officer in the New Territories has posts of the Vernacular Masters 8,000 in the consumption of Electric Light been created. This Officer will re- dave been abolished.

and current and it is hoped to ef-side at Taipu, and in addition to his Under Military Expenditure the 2,000 feet a reduction of 82,000 under this ordinary Medical work will advise contrúution to the imperm; tioveru 20,000 lead. Owing to the high cost of regarding sanitation matters in vil-ment is estimated to amount to 22. 50,000 materials it has been necessary to inges and supervise the Government 201,780. Details will be found in Ap

increase the vote for Stationery by andwives at Taipo and En Long.pendix 1. $1,012,000 || $7,500, although every effort is made | It will be observed that the salaries to conginise. The vote for tele- of the Surang Sisters have been transferred from the heading "Hos- grame has been entered at 825,000.

35,000

I should, however, explain that Companies Fees" is to a great ex- tent counterbalanced by the loss

Company.

The cost of the Cadr

been mcrgeu

منيا

in the Volunteers-Utter Charges. la tue Putne Works Department It is hoped that owing to a new Br-pitals and Asyluma" and placed un- under the bead "Personal Emon- rangement, by which the public are

wer "Staff.". In the Ciri Hospitalments" the Is Grade Executive provision has been made for eight cugaecis have been increased from temporary staff Nurses. These in- three to four on the promotion of the clude the Japanese Nurses, who have lead of

the Balaing Ordinance sazen over the entire charge of "B" Office to that rank, while the 20d. pluck. That experiment has been Grade Executive Engineers' havo so successful that it is proposed to

The 1st. been reduced by one. cploy others in the Asiatic Wards

Grade Assistant Engineers on the In A Block.

permament stal have ocen increas Under Other Charges a sum ofed from three to four, and 2ou. $730 has been provided for board for Grade Assistant Engineers havo

house physician and bouse" sur-

been reduced from four to three; A geon. The amount provided for

Junior Assistant Land Surveyor has wel and Light, Medones, and Sun-

been appointed on a salary of 81,440. gical Appliances, Bedding and

An explanation of this post will be Clothing, and provisions have all

found in Appendix IIL been revised

the 20-

The assets and liabilities of the Colony at the end of the year 1015 were presented in a new form, and, of $39,340 under the bead Com-now charged for telegrams sent on ss has been already pointed out,

their behalf, this sum, which is much panies, Local Registers Liccaces," they are now on a casts basis. and the payment of 83,719 for the less than the amount which will be result of abandoning the proposed Registrar of Companies at Shang. exuded this year, will suffice. A Juan of £250,000 which has appeared

saving of $10,000 is anticipated in whic Cost as an asset, and deviting the general hai as shown on page 13.

of transport of The estimated expenditure for Government servants, due to the Recount with all expenditure over and above that derived from the next year is $12,306,155 which in

fact that fewer passages will be re- estimated quired for officers who come under actual cash payments received on 8513,351 more than the account of the Wachang Loan, re-expenditure for the current Year.

Free Passage Scheme, Al- the There are small decreases in sulted in the expenditure for

of $35,800* is though an increase abuormas departments of Governor, Colonial shown under the head of War Ex- year 2015 reaching the

However, Secretary and Legislature, and the penditure there will be a large sur- ugure $16,149,268.

UL

drastic bal Secretariat for Camese Allars. The ing on the setual expenditure dur- Hotwithstanding tus sound method of dealing with the stau or the Colonial Secretariat basing the current year, as it is net an. ticipated that any large sum will situation, las balance or habilities been strengthened by Lue over assets on the Mist December,

be required for the transport of Prisoners of War, 1914, was only Biez,ube.

During the brat a months of the Current year the revenue pectapio were balistuctory Buy the deleft un $2,55, was up the ip June las converted into a credit balance of $314,200. It is

estimated thai tie MARATON UŽ assçis ever kabinus di

the

creatum

a new 2nd Grade Clerical post, tig need for which is explained 1 appendix lif; but as no new Cadets Walk we apported inere is a colla ANTROJO SIng water personat Di

CZARNCHEN

H

4

suʊwa în lúc Amat DeparuseARU BLIGE lug treasury, due to the creation up

pusta WALD re

the end of the year wil be $1,003,610. pruned in apponun i11.

10 revenue for tue current sear

رنا

is now espected. Jų aromat 013,274,900 ut el,201,uw were ta

LDERCARESS the original eskizuale.

As murgery accounted for by estimated Hueteanga wuder LUC 101WIDŁ

heads-

Liquor duties

CA

In de tarubor Master's Depart

the

In the Supreme Court a 2nd Grade Assistant Interpreter has replaced the Higher Grade Interpreter, while 3rd Grade Clerk and Transistor has replaced the 1st. Grade Clerk and TranslateT. It should be point ed out that the men who have re- signed their pots were officers of seuur standing, whereas the meu ment "Personal Bnetumiems“ pro-appointed to succeed them are jun- vision has been made for two 3rd or in the service. They have been pace of the 4th promised further advancement at an Grade Clerka Grade Livra Que of these clerks early date, subject to their work. is required to keep the accounts 01 proving entirely satisfactory. A re the Government bauys. lu the Mer- duetion of $2,000 has been made iu cantile Marie Once the port of the vote for the travelling expenses puropean Constable has been abo- of watchmen, and the temporary

sued making a having of $1,371. | engagement of extra watchmen. the votes for qual have been in- creased in order to meet the tugher The expenditure for. 1916, which

LUBC. Under Lightness and Lights was originally cutimated at $11,852," is has been possible to make a sav- 771 m new expected to tall shutting owing to the mustaliation of Aga of that bigure by 2965,104. The Ligens is Cage Comoson and Me more than accounted for by the fe all. ine pubis u two Lighthouse. duced expenditure lur loss on suscepera base beck abolkbed on the sidiary com. When I addressed you seurement of the holders. On the last year I stated that there was other band provision has been made for house allowances to two married some reason to hope that the duced sum of 750,000 entered in the Estuuales would be sufficient, it

...$ 159,800 2,179,000 walubepoly Premia on new leases... 150,000 and by a yield of 2500,000 from the duty on tobacco.

re.

Lighthouse keepers amounting $1,050, while the sum required for ie poble that owing to the godging allowances while in long of silver, which has diminished xong nag been reduced from $545 to the loss on sale of coms wildraw sios. The work in the Department from circulation, the sum required of Imports and Exports bas 111- will only be approximately $570,000, creased to a large extent, owing to It is estimated on the other banu the various War measures in force that there will be an increase in the especially the Importation and Ex- cost of maintaining the prisoners ujj

portation Ordinance and to the families of αίουι war and their

807,000, while their transport

unposition of the tax on tobacco.

say in the near future to provide

|

The salary of the Assistant Crown Solicitor has been placed on the same footing a Class III of the Cadet Service, and the salary of the Land Officer has been calculated on a sterling basis on the octürregge af a change in the holder of the office, POLICE UKAKUTES GOOD SERVICE.

$5,545.

أن

الم انسان

meet

Under Other Charges" a sum crease in prices. A reduction of of 0,500 has been catered for the upkeep of the Dredger. "St. Enoch." Abs item has hitherto appeared under "Public Works Recurrent" a sum of $4,000 having been provided this year.

$1,500 has been made in the vote

Support

lunatics abroad" the arrangement made in 1912 under which the Govrnment of Hongkong made, an annual grant of $3,500 10 the John C. Kerr Asylum for the Insane at Canton was not intended to be permanent, and it came to an

and on the 30th June, 1916. The practice formerly in force in send- ing Chinese lunatics, who are not British subjects, to the Chinese Authorities at Canton was reverted to from the 1st, July, 1016.

The Office of Health Officer of the Port has been removed from under "Staff" and entered separately on page 68. This arrangement enables the cost of the sub-department to be secu at a glance. Under "Other Charges" certain vetes have been raised to meet the increased cost of coal and stores,

SANITANT DEPARTMENT,

(a). That Art. II be added to by incorporating therein the

following definition -

(b).

(c).

(a).

To establish reserve fund)

Under Public Works Recurrent" the only item to which reference need be made as the sum of $7,500 for writing off the value-of the dredger. it is proposed to provide this sum apually until the value may has been written down to $75,000.

I am glad to say that owing to the improvement in the 'state of our "finance it is again possible to spend a larger sum on Public Works, anu a total of $1,545,400 has been pro vided for this purpose. I will take: the more important items in order.

A sum of $100,000 has been enter- ed for the extension of the Central Police Station, and $35,000 for the extension of the Harbour Office Building to provide an office for the Superintendent of Imports and Ex- ports and quarters for Bevenus

"Dividend "includes bonus.

That the remuneration of the Board as provided by Art. XV paragraph 10 (as amended) be increased to $3,500 and that Art. XV paragraph 10 (as amended) be altered accordingly.

That paragraph 11 of Art." XVII be cancelled and the following paragraph be substituted therefor :-

&

11. To invest and deal with any moneys of the Company not immediately required for the purposes "thereof upon such securities and investments (not ** being shares of the Company) and in such manner as they may think fit and from time to time to vary or realize such securities and investments."

41

That paragraph. 13 of Art XVII be cancelled and the following paragraph be substituted therefor :-

13. Before recommending any dividend, to set aside "out of the profits of the Company such sums as a reserve fund to meet they think proper as contingencies or for equalising dividends, or for special dividends, or for repairing, improving, and maintaining any of the property of the Company and for such other purposes as the Directors shall *in their absolute discretion think conducive to the "interests of the Company; and to invest the several sums so set aside upon such investments **(other than shares of the Company) as they may "think fit and from time to time to deal with and vary such investments, and dispose of all or any part "thereof for the benefit of the Company and to "divide the reserve fuad into such special funds as they think fit with full power to employ the assets constituting the reserve fund in the business "of the Company, and that without being bound to

keep the same separate from the other asseta."

14

(e). That paragraph 14 of Art. XVII be cancelled and the

following paragraph be substituted therefor

Directore

reserve fund

(f).

with

14

A

"Dividend and

In the Sanitary Department, an- der "Personal Emoluments the post of 1st, Grade Clerk has been In the Police Department, under.

abolished and a new post of 3rd. Officers. Personal Emolamente provision. 16 Grade Clerk created. On the retire- made for only seventy-nine European ment of the Medical Afficer of Healthod for the first block of quarters on

A sum of 860,000 has been provid-call together, Constables and a saving is shown of the Assistant Medical Officer of Leighton Hill, to be rented to Euro-

No less than thirty-eight mealth was promoted to the post, Constables have gone to the front, and an officer on a sterling salary with salaries of less than £450 per pean married subordinate officers of whom I regret to any three bave | will perform the duties of Assistant been killed in action. Only forty Medical Officer of Health in 1917, yield about four per centum on the annum. The rents charged will European Constables are actually drawing half, the sterling salary of has to be made for all, as thows at serving in Hongkong, but provision | the post,

capital cost after paying the coat of maintenance. the front receive their full pay, less

Under "Other Charges" it has been necessary to raise the amounts their military pay. It would have provided for Coal, Repairs, and been impossible to allow so many to Disinfectants to meet the increased go had it not been for the excellent prices. Considerable savings have

"Other Charges" increases Bre of currant. shown for clothing and socontre-

the

It is also proposed to erect two more quarters for subordinate offi. cerk entitled to. Free Quarters on

Mount Parish as a cost of $15,000.

Under Item —Boada-s` zum of $37,500 has been provided for widen-

ing and grading the road from Desp

Water Bay to Repulse Bay, and

road from the dam at Tylam Tuk, over which the road from Binaley to Shaukiwan must pass, on the completion of the dam, to Tytau Gap. A small but useful work will be the rounding off of the corner at the bottom of Garden Road at

0ost of $1,800.

for some month, the Superinten Australia has already, cost a zum oi dent has had the assistance of two $183,000, 1 boge shortly to lay Cadet Officers, but it will be neces-service which the members of the been made in the cost of lighting statement on the subject oefore you

under the able leadership of Deputy of the Department, owing to Police Reserve continue to render the various buildings in the charge The estimated revenue for 1017

an adequate staff for this depart

Superintendant Jenkin, Under lower contract price for the supply $18,000 for making a necessary new 813,242,000, which is $1,832.000 in

ment, which is becoming one of the excess of the approved revenue for

most important in the service. Un-

Under "Special Expenditure" a 1916 but is actually 32,000 less der "Personal Emoluments" the

ments due to the higher cost of mat- aun of $35,000 has been provided for iban the revised figures for the cur principal increases are the creation

eriala. Coal for barracks and launa Motor Refuse Lighter, the need rent year. As compared with the

of temporary poste of one Higher approved estimates for the current Grade Clerk and fifteen 5th Grade ches is also estimated to cost more, for which is explained in Appendix

On the other hand a saving, of UL year the principal increases, of which Clerks, and the permanent posts of

In the Botanical and Forestry De explanations will be found in the

3rd Grade Interpreter and a 5th 12,00 is shown in the cost of paar joet-notes, are as follows:-

Grade Clerk at the Opium Factory, and bonuses in lieu thereof, partment small suns have been pro owing to the reduction in the Eus-vided under "Special Expenditure' Atecased Taxes ...........

18,300 On the other hand one post, of Re-

Under the head for clearing brushwood at Mount opean Steff venue Officer has been abolished; "Secret Service" and "Transport" Kellet and for laying out the chair,

causing a saving of nearly $3,000. Under "Other Charges" a small net reductions of 84,000 $2,300 have been grounds of the Ellis Kadoorie School the Rocks and a new road peat the made respectively, In the Fire | for Indians. The increase of nearly | village at a cost of $27,000. Owing redaction has been made of $710,

In the Royal Observatory it is pro- Brigade, under other charges, Coal $3,000 in the cost of this department to the increase in motor, trade the posed to incur special expenditure

very small when the valuable work sarrow road through the village is of $6,000 for an Installation for re-

performed by it in all parts of the dangerous to pedestrians. ceiving Time Signals by Wireless

Colony is considered. ~~ I w 40,000 Telegraphys

Carriages,

Licences

Flacs

eic.,

Liquor duties moe

Opium Monopoly

Tobacco duties ...........

Analyses, Government Noti

5,000 17,000 160,000 1,000,000 400,000

5,000

Obina Companies Jose mor

and Oil Fuel are expected to cost $1,000 more than this year

In the Prison Department, under

is

At Aberdeen it is hoped to make an improvement in the road past

Bet-off allowed

Dividend la agacia.

14. To employ the reserve fund for the time being or any portion thereof (and that whether such tund

or such portion as is proposed to be dealt with was set aside for the special purpose to which it is proposed to be applied or for any other purpose of "not) in or for all or any of the following purposes; *that is to say, in meeting contingencies, in equalis- "ing dividends, in paying special dividends or bonuses, in repairing improving or maintaining "any of the property of the Company or otherwise in the business of the Company and in or for such "other purposes as the Directors shall in their dis- "cretion think conducive to the interests of the Company and in regard to any such employment "as aforesaid the Directors shall not be bound to keep "the reserve fund separate from the other assets,”

That the following new paragraphs be added to Art. XXI and numbered respectively 12 and 13,

LE

12. Any general meeting declaring a dividend may..... "make a call on the members of such amount as the meeting fixes, but so that the call on each member shall not exceed the dividend payable to him, and "so that the call be made payable at the same time "as the dividend, and the dividend may, if so arranged "between the Company and the member, be set off against the call. The making of a call under this * clause shall be deemed ordinary business of an ordın-

ary general meeting which declares a dividend.” 13, Any general meeting declaring a dividend may "direct payment of such dividend wholy, or in part "by the distribution of specific assets, and in parKDU- "lar of paid-up shares or debentures of the Company, or paid-up shares or debentures of any osber "Company, or in any one or more of such ways, and *the Directors shall give effect to such resolution; "and, where any difficulty arises in regard to the so they "distribution, they may settle the same "think expedient, and in particular may insue "fractional certificates, and may fix the value for distribution of such specific assets, or may +4 part thereof, and may determine that cash payments "shall be made to any members upon the footing of "the value so fixed, in order to adjust the rights of "all parties, and may yest any such specific assets in "trustees upon such trusts for the persons enxtied to "the dividend as may seem expedient to the Dizeo- *tors, Where requisite a proper contract shall be "filed in accordance with Section 90 of the Companias Ordinance 1911 and the Directors may appolas say "person to sign such contract on behalf of the persona antitied to the dividend, and such appointment shail "be effective,"

25

Dated the 12th day of October, 1916,

M. MANUE,

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