HONGKONG RACES Messrs. Lau & Lee's Duke of
COMMENCE.
START OF FIVE-DAY MEETING:
Chantilly (Mr. Y. S; Chang) 1 Mr. Hau Un's Monterey Bay
(Mr. CU da Roza) 2 Mr. Dynasty's Young Pretender
(Mr. Haimovitch) 3 Eleven starters. A length and hal; a head.
Time: 2 min. 07.1/5 secs. Pari-Mutuel Winner, $78.70 1st, $16.70; 2nd, $19.30; 3rd,
FINE WEATHER FAVOURS THE $7.80.
OPENING DAY.
BIG DIVIDENDS PAID.
With the promise of one of the most successful fixtures ever held under its auspices, the Hongkong Jockey Club's annual Race Meeting commenced to-day. For the first time in history, the Meeting extends over five days, on Monday, being continued Tuesday, Wednesday and Satur- day next.
3, THE MAIDEN: STAKES Winner $1,000, Second $300. Third $200. For China Ponies bona fide Griffins of this Meeting. Welght for inches as per scale. Entrance $10. Six Furlongs. Mr. Dynasty's King's Bounty (Mr. Halmovitch) Hynes & Mackie's Piccalili...... (Mr. Noodt) Mr. Chan Tin-son's Windsor
Stag ...... (Mr. Quincey) 3 Sixteen starters. A short hend; half a length.
Messrs.
1
2
Time: 1 min, 30.2/5 secs.
$10.30; Pari-Mutuel.Winner, 1st, $6.60; 2nd, $7.90; 3rd, $10.70.
THE HONGKONG TELEGRAPH. SATURDAY, FEBRUARY 22, 1930.
THE CASH SWEEPS.
THE LUCKY NUMBERS AT THE RACES.
TO-DAY'S WINNERS.
Below are the Cash Sweep ticket numbers on to-day's Races:
Race No. 1.
$1,304.80 Ticket No. 786.-
372.80 186.40
657. -222
$50 tickets: 412, 567, 275, 633, 692, 70, 320, 810, 293, 15, 484, 553, 770, 156, 704, 19, 637, 515, 593, 400, 280, 575, 629, 290, 55, 350.
Race No. 2.
$2,312.80 Ticket No. 633.
53. 660.80 123.
.380.40
$50 tickets:-462, 435, 194, 654, 4-THE VALLEY STAKES.- Winner $1,000. Second $300. Third 459, 671, 839, 88. $200. For Subscription Griffins of this Meeting. Weight for inches as per scale. Entrance $10. Six Fur- longa, Mr. Ho Kom-tong's Bridge Hall (Mr. Encarnaçao)
P
1
Race No. 3.
Ticket No. 350.
$2,754,60 74. 735.60 367.80 936.
The extension of the Meeting is due to the large number of ponics entered, which has neces- eitated the arranging of several additional events. This year, 205 there
fewer than are no entries, which compares with 165 last year. The biggest stables are
$50 tickets:-733, 658, 384, 784, owned by Mr. Ho Kom-tong. Mr. Mr. John Peel's Done Again
(Mr. Heard) 2363, 699, 1042, 44, 100, 925, 253, Dunbar, "Mr. Dynasty," Messrs.
425, 240. Hynes and Mackie, and Mr. Chan Messrs. Sturt & Lobel's Tango
(Mr. Noodt) 3 Tin-sion.
Every year, the standard of the Twenty-four starters. A length;
im-three lengths.
Derby griffins has steadily proved, and this year is no.excep tion, there being some very useful animals amongst the batch. Diana
par- Bay and Winsome Stag are ticularly noticeable. having shown up well in training. The sub- scription griffine, however, are not considered quite so good as usual. However, the events in which they figure should be very open. There are, of course, some good old ponies, so that, taken in all, the prospects of good sport are. dis tinetly bright.
"Pari Pays Well.
The weather, after a somewhat Cull morning, was delightfully fre, though rather on the warm was in side, whilst the course excellent condition, promising good times.
no
fewer than There were twenty-nine entries for the first race which was won by a neck by ridden Huachafo,
by Mr. Encarnacao. The winner paid his backers the handsome dividend of $83.40.
Another big dividend was paid on the pari in the second race, Duke of Chantilly ridden by Mr. Y. S. Chang, paying $78.70 for a win.
The Officials.
The officials for the Meeting are as follows:
the Officer Ad- Patron.H.E. ministering the Government (Mr. W. T. Southorn, C.M.G.).
Honorary Stewards H.E. Vice Admiral Sir A. K. Waistell, K.C.B., H.E. Maj General J. W. Sandilands, D.S.O., and Commodore
C.B.,
R. A. S. Hill, 0.3.E.
Stewards-Messrs, C. Gordon Mackie (Chairman), B. D. F. Beith, R. M. Dyer, Sir Henry Gollan, Hon. Mr. A. C. Hynes, Hon Mr. W. E. L. Shenton, Mesara. M. T Johnson, T. E. Pearce, F. Sutton and P. Tester.
Stewarda in Charge of Scales.- Messrs. R. M: Dyer and M. T. Johnson.
Joint Clerks of the Course- Messrs. B. D. F. Beith and T. E. Pearce
Time: 1 min. 33.4/5 secs.
$73.20; Pari-Mutuel.-Winner, 1st, $18.50; 2nd. $45.90; 3rd, $12.50.
"
810. 222.
Race No. 4.
$2,877.00 Ticket No. 206.
822.00 411.00
Race No. 5, Ticket No. 901. $3,015.60 861.60 430.80
489. 723.
$50 tickets:-620, 890, 611, 97, 6. THE FOOCHOW CUP-Win-98, 411, 864, 1055, 1253, 179, 505, ner.$750. Second $300. Third $200. 313, 869, 486, 631, 881, 281, 267, For China Ponies. Weight for inches 7, 481, 780.
Ponies that have 09 per acale. started at least three times in Hong- kong previous to this Meeting and bave never won a race and Griffins of this Meeting allowed 7 lb. Sub- this Meeting scription Griffins of allowed 12 lb. (Jockey allowance). Allowances accumulative. Entrance $10. One Mile and a Half. Mr. Ho Kom-tong's President
1 Hall ..... (Mr. Encarnacno) Mrs. Dunbar's Sitting Bull...
(Mr. Hill) 2 Mr. John Peel's Adam
(Mr. Heard) 3 A length and Eleven starters. half; four lengths. Time: 3 min. 07.2/5 (This was a record).
Pari-Mutuel.-Winner, $23.90; 1st, $5.00; 2nd, $5.40; 3rd, $6.40.
seca.
6. THE CHINA STAKES.Win- ner $750. Second $300. Third $200. For all China Ponles. Weight for inches as per senie. Five Furlongs.
Entrance $10,
Mr. Chan Tin-son's Apollo
(Mr. Quincey). 1 Mr. Yam Man's Fifty Fifty..
(Mr, da Roza) 2 Messrs. Bennett & Cave's San
Francisco...(Mr. Charles) 3 Eleven starters. Many lengths; a length.
Time: min. 11.3/5 secs. record).
•
$50 tickets:-1143, 1142, 927, 536, 382, 277. 1138, 768.
Race No. 6.
$3,007.20 Ticket No. 276.
727. 859.20 670. 429.60
$50 tickets: 347, 157, 855, 937, 391, 609, 51, 691...
ABBEY SACRISTY.
SILVER NOT LIKELY
TO
RECOVER
{Continued from previous pago).
SHARE PRICES.
TO-DAY'S QUOTATIONS.
The following le the list of toca!
Banks.
must pass over much that would other-share quotations issued to-day: wise claim attention. Enough has, however, been said to shew that the year on which we are entering opens a more than usually anxious prospecti to foreign banks and businesses whose Interests are vested in that country.
New Chief Manager.
I would ask your patience for a moment whilst I allude to a personal matter. I was 15 years in the ser- vice of the Bank. My first three and a hair years in the East were spent in
and when ferred to out from Home to relieve me was Mr. Hynes. You will understand, there- fore, that I have followed his career In the Bank with much interest.
was trans-
-Pena Shanghai the man who came
I have now to inform you that Mr. Hynes has tendered his resignation, which the Directors have accepted but with the very greatest regret. He has had over 35 years' service of which over 12 have been in the Hongkong itself and during past three years has been .our Chief Manager. These three years, as you all know, have the results at- been exception- ally difficult
ones, tained in face of these dificulties speak more for Mr. Hynes' zeal and ability in the service of the Bank. than anything I could possibly say I feel sure that you would wish to join me in offering a warm farewell to Mr. Hynes and in wishing him enjoy. ment of a well-merited rest after his long and successful career in the Bank.
Another old colleague of mine, Mr.: V.M. Grayburn, has been appointed to be Acting Chief Manager when Mr. Hynes leaves in two or three weeks": time. Here again I feel sure that you will join me in offering him a hearty welcome and every success.
In conclusion I would ask you to to the staff of 5 per cent, on their confirm the Directors' vote of a bonus salaries. The reduction from 10 per cent-the figure of several years past. has been made to correspond with. the halving of the Shareholders' bonus, I now beg to propose the adoption of the Report and Statement of Ae-. counts..
After the proposal has been second- ed and before placing the motion before the Meeting, I shall be pleased to answer to the best of my ability. any quesions that shareholders may have to ask:
THE SECONDER'S SPEECH.
The Bank and its Sterling Position.
Seconding, the Hori. Sir Henry Pol- Chairman, lock, K.C., said Mr. ladies and gentlemen In rising to second the adoption of the Report and the Statement of Accounts, I do not propose to occupy many minutes of your time, especially in view of the very full and interesting speech which has just been made from the chair.
NO CUTTING...THROUGH
The first point which strikes one as ANCIENT MASONRY.
satisfactory is the fact that, in spite. of difficult trade and banking condi- The Dean and Chapter of West- tions during the past year, our earn- minster Abbey held a meeting re-ings in silver for 1929 exceeded by cently, at which careful considera- some seven lakhs of dollars our earn- tion of a preliminary character was ings in silver for the year 1928.
Yet another point for congratula- given to the important recommendation is that our Directors by transfer. tions of the Advisory Committee on ring 5 million dollars from our silver the question of a sacristy for the reserve at the very favourable rate of 2/- to the dollar, have raised our
to aix and sterling res
reserve (A Abbey.
millions sterling, and when we call to mind that only 10, years ago, at the beginning of 1920, our sterling re- serve stood at one and a half million pounds only, it will be readily appre strengthened i ciated how much the Bank has
Pari-Mutuel. Winner; 35.30;
ist, $6.10; 2nd, $10.70; 3rd. $11.50.
M.F.H. FOUND SHOT.
ESTATE WORKMAN'S DISCOVERY,
Warwick. Dec. 26.
Captain C. I. P. Smith Ryland,
Judge, Mr. D. E. Clark. Assistant Judge. Mr. P. Tester. Lord of the Manor of Sherborne, Starters.-Major A. G. Hewson and and Joint Master of the Warwick- Major F. Roch Kelly.
shire Foxhounds, was found shot near his home, Barford Hill, War- wick, to-day.
Davis.
1 THE
The discovery was made in the morning by a workman
on the
It will be recalled that the recom- mendation is reconsideration of what is known as the Poet's Corner site, with the additional suggestion that the crypt of the Chapter House
ten years.
s half
might be brought into use by an ing the sterling position dur- We are also transferring $500,000 underground passage and stairway. to our silver reserve and $750,000 to Bank Premises Account; and it is pleasing to hear from your, sir, that our investments stand at well under market quotations.
This, as. the Committee's report pointed cut, would entail cutting of the through the north wall Crypt, which is 17 feet in thick-
ness.
The conclusions at which the Dean and Chapter arrived were of
The Sterling Bonus. Whilst we, as shareholders; must regret that the sterling bonus for the year has been reduced from £2 to
+
Hongkong Bank, $1400 sa. Chartered Bank, £162 n. Mercantile A. & B., 629 D. East Asia $102 b.
Insurances.
Canton Ins., $745 b. Union Ins., $380 b. North China, Ins., Tla. 160 b. Tangteze Ins., $50 n Chine Underwriters, $1.70 n China Fires, $340 b.
H. K. Fire Ine.. $880-b.
Shipping,
Douglases, $251 8.
H. K. Stasi oats, $25) H. K. Tugs, 32. 6. Indo-Chinas, (Def.), '870 n. Union Waterboats $25
Mining.
.
b.
Benguets, $57 b. Kailans, 50/- Langkots, Tis. 13.60 -n. S'hai Explorations, Tis. 1.30 n Raube, $141 b
Tronohs, 21/- n.
Docks, etc.
Kowloon Wharves. $155 n Whampoa Dooks, $32 b. China Providenta $5.50 a Hongkowa, Tle 196 h.
New Engineerings, Tis. 7.80 b. Shanghai Dooks. Tis. 120 s. Cottons,
Ewa Cottons, Tls. 16.50 ea. Orientals, Tls. 2.30 b. S'hai Cottons, Tls. 83 (old) b Lands, Hotels, etc.
H. and S. Hotels. $12.55 s H. K. Lands, 8651 ss... S'hai Lande Tis. 215 b Humphreya, $14. n. Realties, $9.39 a. Chinese Estates 898 8.
n
Public Utilities. Tramways, $19.60 b. Peak Trams, (old), $11.75 Star Ferrios, $586, n. China Lights, (Old) $19.20 s. H. K. Electrics, $70 58. Macao Electrics, 323 b. Telephones $9.80 b.. China Buses, Tie 17. b. Singapore Tractions, 10/-
Industrials.
Chips Sugars, 75 ct. b. Malabous, 127 n. Cald: Mack, Ord: Ths. 10 Canton Ices, $2.50 n. Cements (Comb.) $14.75 t Ropes $7 85 n; } # United Asbeston $5 b.
Stores, etc.
D.
Dairy Farms, $32.40. n. Watsons, $12.15. Der A. Wings, '80s. Lane Crawfords, $3. n.. Mackintoshs, $18 b.. Binceres, $12 n.
Miscellaneous. Amusemente, $28 Constructions, $130. b. B'que Ind. G. Bonds, 60 n. H. K. G. Loan, 51%. Prem.
b.
Hynes, during the past three ex- tremely difficult years, and we join in wishing him, and Mrs. Hynes also, many years of happiness to come.
We likewise desire to endorse your words of welcome to the incoming Chief Manager, Mr. Grayburn, and to wish him every success in his arduous task.
The report and accounts were unani-
a negative character. While re£1 per share, we feel bound to acmously adopted.
Business Matters.
but atili on the north side of the Chapterers, who think in dollars, can derive! tenden, Mr. A.-H. Compton-and Mr.
House crypt.
Guiding Principles.
.'
ancient
Second Starter.-Mr. S. A. Sleap. Steward in Charge of Paddock
when we reflect that, at the low ex Mr. F. Sutton
cognising the weight of the opinion quiesce in the decision of the Bourd of those who recommended this hange of 18/7d to the dollar, the
Mr. R. M. Dyer proposed and Mr. Handicappers-Messrs. C. M. S. Alves and H. W. Moon.
Stewards in Charge of Pari-Mutacl estate who heard a shot and made a smewhat drastic scheme, they definal payment to us of £4 per share D. J. Lewis seconded the appointment
costs only about $40,000 less in dollars Hon. Mr. A. C. Hynes and Hon. Mr. search. Coming to the boathouse cided that they were not prepared than the payment of the final of £5 of Mr. J. P. Warren, Mr. T H. R W. E. L. Shenton
E. Pearce to the Board of Directors, he looked through the shrubs to- to authorise the cutting of a pas per share cost us for the year 1928 at Shaw, Mr. M. 7. Johnson and Mr. T. the then exchange of 28. 0%.. to the and the re-election of Mr. W. L. Pat Time-Keeper Mr. A. E. S. Alves, wards the River Avon and saw sage through the 17 fect of masonry
dollar. Moreover, those sharehold- Hon. Surgeon. Dr. J. C. Macgow! Captain Smith Ryland lying there. Hon. Veterinary Surgeons.-Major
shot through the head
comfort from the fact that for the B. D. F. Beith to the Board. This Roche Kelly and Mr.. L. Reidy.
receiving, in divi was carried. year 1929 they are Official Measurer MT. D. L. Mc- alive. He was taken home, where
Messrs, C. Bernard Brown, A.Ç.A., he died late this afternoon.
combined, $80.37 per dend and bonus Whirter, B.Sc., M.R.G.V.S.
Secretary. Mr. C. Bernard Brown.
Captain Smith Ryland was due
share as compared with $79.02 per and John Fleming, C.A., were re-elect ed as auditors, on the motion of Mr. It was further decided that in share for the year 1928..... Treasurers-Messrs. Linstead and to meet the hounds at Broughton
the disturbed Castle, near Banbury, and his any scheme providing for their In regard to the
can only Bonham.
Those present were:-Mr. W. H WONG-NEI - CHONG | groom had left with his horses be- I present needs, they were riot pre-affairs in China, sharehold state of F. C. Hall, seconded by Mr. J. W. STAKES. Winner $750, Second fore the news became known. pared to adapt any plan that would join with our Directors in deploring the
continued nce of civil war in Bell (Chairman), Mr. 3. A. Plummer
persistence
F. of (Vice-chairman), Messra. B. D. $300. Third $200. For China Ponies, Some surprise was felt among involve cutting into the
with its accompaniment
B. Lander Lewis, C. G. S. Subscription Griffins of any Season the hunt that the Joint Master had masonry of the Abbey.
This does not imply that the
famine and brigandage and of the ckie, W, I Pattenden, T. E. Fearce, | non-winners. Weight for inches as
there was ΠΟ per scale. (Jockey allowance). En- not arrived, but
strongly and masses"
My irregular teries of Directors), Hon. Mr, A. C. Hynes trance $5. Half a Mile.
suspicion that anything serious had Poets Corner site, so happened, and hounds proceeded to advocated by the Advisory Com- of interference with the draw cover under the command of mittee, is abandoned; but the Dean trade in so many Provinces of China. (Chief Manager), Hot, Sir Henry Pollock, K.C., and the following the other Joint Master, Lord and Chapter will now address them- Willoughby de Broke.
selves to the question of whether
shareholders: Sir Robert Ho Tung, Hon. Mr. J. Owen-Hughes, Hon. Mr. WE. L. Shenton, Professor C. A. M. Captain Smith Ryland was a son this site, even with an of the late Mr. C. A. Smith. Ryland into the Chapter House crypt, can
Smith, Messrs. J. W. C. Bonnar, F. C. Hall, R M. Dyer, D. J. Lewis, H. G. and of Mrs. Smith Ryland, of Bar- be brought into use without mak- and fresh passageway,
Hegarty, V. M. ford Hill. He was educated at ing any
Dow Bagram, H. B, Eton and Sandhurst and joined without cutting into the masonry
As regards the abolition of ex biggin, Paul Lander, L. G. S. the Coldstream Guards during the above ground.
The two principles of not doing that the powers that he in Nanking Stavenson, R. A. Daatar, A. P. Samy, trality, one can only express the hepe Dodwell, HR Sturt; Lo Cheung- WAT Chat Shu-ming, M. K. Lo, A. war, being wounded at Ypres in lat, $26.20; 2nd, $31.40; 3rd. 1917. He returned to England, anything which might conceivably will realize the desirability for pro3. H. Little, F. W. James, F. W but went out again until the Armis endanger the foundations and not ceeding slowly and gradually, so long
Stapleton, 1 R. Marsh, D. Tem: tice and served or the Rhine till the cutting into the medieval manury Guards Division came home. above ground have, as has tre as Chinese Judges have no security of plan Moxon,
Kennedy, A B. H Raworth, S. M. Churn, In 1919 he married at the quently been stated, guided the Judges are liable to dictation and in-
officials.
Johnson, J. M. Alves, J. M. McHut started in at least, four Extra Mect Guards' Chapel, Wellington Bar Dean and Chapter throughout, and terference by political and military E. F. R. Sample, P. S. Cassidy, C. B.
Leila Mary. younger their scheme on the north side of
All shareholders will most cardial chon, L. E. N. Ryan, H. Dixon, Chua J. ings in Hongkong during 1929, two racks,
MeD. Courtney, of such Meetings to have been before daughter of the Hon. M. G. the Abbey, which gave rise to so. All
Chun Wing-heuf, J. Kot A Alfred The, F. M. John D. H 1st July and two subsequent to that Tollemache, of Bury St. Edmunds. much criticism, carefully avoidedly Indorse the bonus of 5 per cent.
He was a County Magistrate, and doing either of these things. Weight for inches as per
oper, J. E. Joseph, F. N. date.
Winners anywhere during in 1926 held the office of High 1929 of one race 7 lb., of
races 10
1
Mr. Mogear's Huachafo ...... (Mr. Encarnaçao) Messrs. Dyer & Beith's Lock
(Mr. Heard) 2 Fyne Messrs. Bellamy & Gordon's Snaefell (Mr. Arnold) Twenty-nine atarters. A neck; half length.
Time:1 min, 01.3/5 secs. Pari-Mutuel. Winner, $83.40;
$49.50..
2. THE OLD COURSE PLATE- Winner $750. Second $300. Third $200. For China Ponics that have
scale.
2
3
overflow
Also the molestation of shipping by pirates is still unfortunately with us, and we trust that the preventive measures, which have recently been initiated by the Government of Kwangtung, will shortly bear fruit
Extrality Abolition.
T.
and will very much regret the neces
Mr
the Bank staff on their salaries,
the mairmon
Fleming K.
C.
ťa
That the Dean and Chapter-are sity for reducing lb. of three or more races 14 lb, Sheriff of Warwickshire not prepared to depart from these
He had been Joint Master of principles may safely be assured, desire, on extra Subscription Griffins of, 1920 allowed 10 lb. (Jockey Allowance), the Warwickshire Hunt for only a and they will otherwise continue to echo your words, of appreciation targis, G. E. Towns, W. E. Van Epg..
Allowances accumulative. $10. One Mils.
In conclusion of the shareholders, Brown, G. 3
ED. Kotewall, Davenport Holl Brution, J. B. Mon-
of the very valuable services which Mr. E. J. Hegarty, Mre, LG
low few months. He was 31 years of their consideration of the Con have been rendered to the Bank Mrs. A. C. Hynes,
Dodwell, Mrs. A. B. Raworth, and
Bgo.
mittee's recommendations.
our retiring Chief Manager, Mr.
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