THEATRE ROYAL
FEBRUARY 25th.
LAST FAREWELL PERFORMANCE
by
LA ARGENTINA
Booking at Moutrie's
on Wednesday, 20th February. Prices:- $5 `& $3.
TO-NIGHT
FIRST GRAND COMPLETE
TO-NIGHT
CHANGE OF PROGRAMME..
at
HARMSTON'S CIRCUS,
Praya East Reclamation, Wanchai.
ALL NEW ITEMS
ALL NEW ACTS
Not a Dull Moment: One Swing from Start to Finish. Second programme better than the first.
Watch Where The Crowds Go, And Follow.
Booking plan at Moutrie's.
WARRENBERGREN AROUSAST
Preserve and decorate the Woodwork
of your House
with
TIMBORITE
WOOD PRESERVATIVE AND
STAIN COMBINED
IN
THREE SHADES OF BROWN
Rot; Decay and Dostraction by Withe, Ants.
STOPS Dry
Tint Cards and Information from Agenta:
S. C. LAY & CO. Alexandra Building-Telephone 0, 763.
WILKINSON, HEYWOOD & CLARK,
Shanghai.
Use
Hongkong.
PURICO
THE UNEXCELLED COOKING FAT
Dbtainable at
'AI GROCERS & STOREKEEPERS.
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E. HING & CO.
SHIPBUILDINGʻMATERIALS, SHIP CHANDLERS
PHONE
HARDWARE MERCHANTS.
CENTRAL No. 1116, {
"Wing Woo strust
TEL Cantra) 25:
THE HONGKONG TELEGRAPH.
CRICKET NOTES.
[By "Two Lega"]
WEDNESDAY, FEBRUARY 20, 1929.
EFFECT OF NEW TARIFF.
(Continued from Paga 1.)
space
Business conditions were not of the best In 1928, but they could not, nevertheless, be considered to have been bad. Sugar imports inj 1928 exceeded 1927 figures three- The Senior championship is as
|fold, but owing to a change in the good na decided now that the Hong-was paid off on mortgages on our tion of this commodity, only ap method of financing the importa- kong C.C. have placed themselves property, and the overdraft with proximately one-third of the total in such a strong position. They our bankers brought, down" by was landed for storage; the drop have two more matches to complete approximately $245,000, the load in prices of flour in the second their fixtures, and as they are al- on the Company being thus re- Half of the year, resulting in the ready four points ahead of their lieved by $345,000. nearest rivals, it certainly does not In addressing you last year, and the boycott against produce subsequent restriction of importa, seem likely that the Club will meet gentlemen, I mentioned a transfer imported from Dairen, wero ad- with any serious compelition for from the General Reserve Account premier honours.
of over $141,000 to certain verso factors to the godown busi Their very convincing victory Specific Resorvos, and share-neas, but we were fortunate in over Kowloon on Saturday has holders will be glad to know that being able to utilise the stamped them
as being far and the anticipation of the Board of formerly used for these commodi- away the best aide in the League this amount not boing required ties for other storage. this year. The Club's bowling has been realised. As stated before
Futuro Prospects. strongth was rather depleted realisations have resulted in a There is no reason at thoj through the absence of Parker and handsome nurplus; aven after pro moment, gentlemen, to anticipate Bowker and it was, therefore, all viding further additional reserves a boom year, or either a bad year: the more praiseworthy that they or loans, the General Reserve was 1929 has started normally, and wo dismissed a reputedly strong bat increased by $162,000, The de- have a substantial share of all ting side for the comparatively duction of $50,000 from this Re-the storage offering for West small score of 150.
serve for loss on Territorial Point. The new tariff is expected shares has already been explain to restrict Imports into China, ed, and in addition to this the but a not improbable result is the account has been debited with
outstanding certain
accounts, greater use of Hongkong as a de- originally incorrectly billed, np. pot for spot cargo, in which event pertaining to years prior to 1928, the Company's business will bene and are therefore bad debts only t
Repairs have been met out of in a technical sense.
"Your Board feel that the re- revenue, and the Company's pro- shown in the balance sheet is more Capital expenditure in improve- serve of more than $685,000 now perty has been well maintained. than ample to most any deficiency ments was relatively small and which might arise in the reserves confined to our requirements for speelficially car-marked to loans.
space, and in every instance has Increased Proflts.
been immediately productive off revenue,
•
At an early stage of the game it looked as if Kowloon would run up a big total, Brace and E. C. Fin- cher having put up 77 runs for the first wicket. A pretty bad collapse came on soon after, however, when Wales got into his stride after meeting with absolutely no suc- cess in his first spell of ten overs.
A very different tale might, have' to be told if the chance which Pearce gave to the slips off the first bail of the Club's innings had been accepted. It was certainly n
very expensive let-offs Pearce Turning to the Profit and Loss
went on to make 68 runs,
I now formally move the adop-
Account, gentlemen, the accounts. The Kowloon bowlers were en-show a net profit for the year. tion of the roport and accounts tirely off form, or perhaps one after deduction of all charges, of for the year 1928, and I would ask should say that it was a case of the $41,798.58, an increase of $20,000 one of you, gentlemen, to second supremacy of but over ball as runs compared with 1927. This in the motion, after which I shall came very freely for the visitors. crease was due to a large extent be pleased to answer any ques-]
to the economies" effected during tions.
*
the year, and, in a minor way, to Mr. C. A, da Roza presided, sup a reduced interest account.
ported by Mr. T. B. Wilson, Mr. N. The net earnings of the godowns V. A. Croucher, Mr. A. L. Alves, were some $25,000 less than the Sir Robert Ho Tung and Mr. S. previous year, but we did not have, M. Churn (directors) and Mr. D. L. in the year under review, any-King (secretary). thing like the benefit obtained in
Accounts Passed.
Sir Robert Ho Tung and Mr. T.
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THE CLOVER FLOWER SHOP
Tel. C.638
ICE HOUSE STREET.
The University have improved |their position' a grent deal by de- feating the Indians; they are now occupying joint second place with the Navy.
Anderson made top accre for His side but his performance was not
1927 from a fortuitous revenue Mr. J. T. Bagram seconded the at all impressive (for a half-day from the military, which amount-adoption of the report and accounts ame, I mean) for one who in his ad to a considerable sum. The which was carried unanimously. first year of first-class cricket has come to be regarded as one of the working of the godowns has been Toremost bats in the Colony. I am satisfactory from all points of view, B. Wilson were re-olected directors sure he would have got at least and your Board is pleased with on the motion of Mr. O. Kitchell, half the number of runs again as the substantial increase in profit seconded by Mr. L. E. Gutterres. his score of 50 if he had taken in the normal business of storage. The chairman proposed the re-elec Interest charges continue to betion of Messrs. Linetend and Davis more liberty with the fairly easy bowling of the 1.K.C. His style a heavy drain on the profits, and and Messrs. Perer Smith, Seth and Fleming as auditors. Mr. C. Man- would be ideal for an Interport I regret to say must so contlaue en seconded and the resolution game but an opening bat cannot until the Company is able to re-as carried. and must not attempt to stay in for duce its indebtedness further. Shareholders present were kapes in a Saturday afternoon fix-This is intimately bound with the Mesars, Lo Kal-heng, C. Mancini, O.
question of loans, to which a re-Kitchell, L. E. Guterres and H. J. 67, Des Voeux Road C., Tel. C 4821,|| 4. On Lan Street; Tel. No. 0.4390 férence. has been mado..; M. Figueirdo.
Jure.
*
A. H. Rumjahu's sterling batting for the Indians at a time when wickets were literally falling alij round him, averted what might easily have been a much heavier defent for his side. And then the visitors' very nearly made a 'drawa gaine of it, too, na their last wicket fell four minutes before closing time.
•
The Civil Service XL appear to be getting wenker, and weaker with every match these days, and one shudders to think what would happen to the side when Sayer and Wood go on leave on the 2nd of March. Fortunately for them, I expect they will have com- pleled their League fixtures by thon. The Navy put up.153 for aine wickets and then Large and Watch ran through the Civil Service for 92 runs, in spite of 33 from Evans who went in firat.
*
*
In the Junior Division, Hong- kong C.C. trounced the University in no uncertain manner. I expect) ed belter of the 'Varsity than the margin of six wickets against them. The Club bowlers were not nearly so successful as in recent matches, but where. they failed the batsmen more than made up, for it by knocking up 208 runs.
The following will represent the Volunteers against the United Ser vices in a two-day match on Mon- day and Tuesday, 25th and 26th February, commencing at 1 pm. sharp each day, lunch at noon, an the I.K.C.C. ground:-E. J. K. Mitchell (Capt.). H. Owen Hughes, A. W. Hayward, H. V. Parker, E. C. Fincher, C. D. Wales, J. I. Bonnar, O. Moor, A. Reid, G. E. I. Divett and F. Zimmern.
LOCAL HOCKEY.
Y.M.C.A. DRAW WITH THE UNIVERSITY,
Although the Y.M.C.A. only fielded. nine men against the Hongkong University's full team fu a kockey gume at King's Park yesterday, the match proved extremely well tested and resulted in a draw of one goal each,
con-
In the first half only one goal was scored, this being obtained by the University, and it was not until after the resumption that Ashton succeed. ed in levelling up matters. A fino shit by. Mun in the last two minutes nearly gave the victory to the Y.M. C.A. but the ball hit the upright.
The Fanling Hunt paper hunt which takes place on Sunday 24th.
of February, is timed to commence at 11 am, from Sousa's Bungalow.
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