1
►
4
DAIRY FARMTM MILK giving results which were aimbat
PRICES.
FURTHER INCREASE
POSSIBLE.
DEPENDENT ON EXCHANGE SITUATION.
unthought of 10 years ago, Un-, fortunately, however, production costs have increased to an alarm- ing extent and it was therefore found necessary to raise our milk
THE HONGKONG TELEGRAPH. WEDNESDAY, MARCH 18, 1931.
ELECTRICITY. MAY COST MORE.
(Continued from Page 1)
tricity ne things,
thoug
A
stitutes on extremely adversa for domestic cooking and hosting. factor to a Company which, from I would like to suggest that if they the nature of Its activities, is consider this, the Company should compelled to maintain a large in make the initial cost as light as dentured personnel; is of neces possible with a guarantee of aity a heavy consumer of imported certain output for certain con- priece in order to cover the addi-1 on fixed deponit, but rates for short fuel, and has to meet considerable sumption. There has been much tional expenditure. I may say term deposits offered little induce-gold commitments from time to argument as to cooking by elec- that the increase made does not mest owing to the easy state or the time in financing additions nail
against
gna, and al- now cover the additional costs in money market.
replacements to plant, etc.
I am not an expert in these production and we may finil it ne
I should like to leave this There are. I think, no further
Whilst touching upon the sub- venaary to consider a further in-points in the accounts which call ject of exchange, I feel
sure suggestion with you. crease unless there is an early im- for special renmark.
The Chairman: The Company shareholders and consumers alike is working very muc
much in this re- provement in exchange.
will note with satisfaction, Mr. spect to Interest people in the use Chairman, your statement intimat of electricity for cooking purposes. ing that an ineronso in the price No questions being asked, the of current will not be imposed un-resolution was put to the meeting in again being able to report that' 1 'alternator developed the herd is in very fine condition fault whist
less conditions develop to render and the adoption of the report and and that no outbreaks of con- ensuing fire destroyed the high furthermore that in such an event unanimously. P.tagious disente xcurred during tension windings of the machine. reasonable notice would be forth-
and the auch an action imperative, and, statement of accounts was carried the year. 100 head of young This turbo set was purchased Incoming from the Company. animals were immunized success 1918/1919.
Would Be Regrettable,
A very successful year was reported, it being stated that the balance of profit had only once previously been surpassed, this being in 1927, an abnormal year owing to the presence of additional troops in the Colony.
Cattle and Pigs.
Cattle 1 have much pleasure | Ол
on or
already
summer
this
Fire Damage.
21st, June
on load
the
No.
a
For
the
Home years,
our
Business Matters.
SUCCESSFUL YEAR, It was intimated by Mr. J. Warren, in presiding at the un- nual meeting of the Dairy Farm, Jeo and Cold Storage Co, Ltd., fully against rinderpest with only owing to its amisil capacity and.
Mr. J. P. Warren and the Hon. this morning, that the recent
one death, for which result our pe
Sir Shouson Chow, retiring Direc increase in the price of milk was Veterinary Surgeon, Mr. Watson, relatively high steam consumption
it has only been kept in service I venture to think that, from tore, were re-elected on the motion necessitated by the fall in ex-isto
is to be commenied. ΤΟ cope
the viewpoint
of Mr. Paul Lauder, occonded by a part of the spare plant. in
of shareholders, with the extraordinary milk change, and that the increase
* view of the steadily during the
Increasing such an action could only be re- Mr. W. E. Smith. made docs not
Messrs. Linstead and the demand
output cover
think We
Davis reserve garded as regrettable, when it is were re-elected auditors for the months, we placed an order in additional costs of production. British Columbia for 100 dairy power shuld not be dimusne taken into consideration that an ensuing year at a remuneration of It may therefore be found neces-
cows to Innd here at the begin and although a complete repair of increased price tends to restrict 32,500 on the motion of Mr. Wong |
machine was possible your consumption; whilst to the con-Ping-sun, accend by Mr. F. Aus sary to consider a further in-ning of this year. 80 of these
to dispose of sumer any rise in the price. crease unless there is an early have
arrived safely Directors decided
of tin. and have fully met our specifier- instalation of a further turbo-
the same and to proceed with the necessition is always unpalatable. improvement in exchange.
The Chairman:-That is all the tions and the halaure In due
However, it must be borne in business, gentlemen; I thank you in The alternator about 20th inst.
new turbine mind that this Company has at for
your attendance.. Dividend all times accorded the utmost con-warrants are now ready. wastage of our herd for 1930, due, room. to sales and deaths was 17.38 It was also considered advisable sideration to the consumer, and The Hon. Mr. C. C. S. Mackle which compares favourably with to take advantage of the greater has rendered excellent service at (Chairman of Directors) prosided, the flame figure, as per latest economy now omainable from the rates bearing favourable compari- and was supported by the Hon. Sir KE, Mr. T E. use and to adopt the pressure of lar public utility organisations, Pearce, Mr. J. 100 lbs. per square inch for the municipal or otherwise, in other Mr. J. J. Paterson (Directora).
Tenders new plant.
have been parts of the world. As a concrete and Mr. J. D. Butcher (Manager). obtained and contracts entered example of this, it is interesting
Shareholders were represented for the supply of a into
12,500 to note that, based upon this by Messrs. V. Sorby, Tong Hin existing maximum Pong, W. Stoker. H. J. M. turbo-alternator with two boilors Company's suitable for this higher pressure, charge of sixteen cents for even Figueredo, Fung Kong Un, Wong with the necessary one or two lights only, the sterling ney for Mr. A. David and A. J. Ping Sun, Frank Austin (Attor together
watengear and auxillarles, and it cost per unit at exchange 110
David), Paul Lauder (represent 2/- equals 3.84 pence, operation carly in 1932.
in England the rate for lighting II. Kew, K. Stuart-Smith (repre- whereas Canton Ltd.), Yu Chung Suen, F. ranges from 3d. to 6 pence per seating Mr. J. B. Michael), R.
1 submit that these com-Taggart, F. L. Brown, unit. parative figures demonstrate very Leung Yan Po, Tong Kim Kwong, W. E. Smith, forcibly the fact that the local. P. Sherry, Kwok Kam Hobg consumer has received the benefit Leung Fattin, To Cho Hing, O. F
fan leient service at an tremely moderate charge.
ex-Ribeiro, J. E. Joseph, J. M. Alves,
Reference was also made to the increased sales of milk especially
amongst the Chinese.
Chairman's Speech. Addressing the shareholders, the Chairman said:Gentlemen, The report and statement of accounts have been in your hands for some time and I propose, with your per- mission, to take them as read. Your Directors
are pleased to submit what, in their opinion, is a satis
the year's factory statement of working. The balance of profit shown this year has only once previously been aurpassed and that was in 1927 which was really an abnormal year owing to the pre- sence of additional troops in the Colony. One of the outstanding features of this year's working is the increase in milk sales which is most gratifying to all concerned as it shows that the public, particularly the Chinese, are beginning to realise the absoluto necessity of milk in their dietary and further more that discrimination is neces Mary with regard to the source of supply.
The profit on working for the year amounts to $593.507.83, de- preciation on buildings and plant has been allowed for on the same scale as Inst year to the extent of $145,918.04, and $15,000 has been placed to the credit of Dad and Doubtful Debts Reserve Account, You will note from the Profit and Iss Account that there is a reduc- in dividends on tion of $19,000 investments as compared with last year's figure; this is due entirely to the fact that the Company in Shanghai, in which we are inter- ested, paid a smaller dividend this year.
Distribution of Profit.
pel
ham, of 2577 under higher steam pressure in general Hon with the rates charged by simi-Shousan Chop Warren, the Hon.)
year, The
atatistics to normal conditions. Total herd on 1st December numbered 826 head. Pigs This herd now numbers 1,748 hend and the usual good re- sults are being obtained, over 100 breeding sows producing and rear- ing an average of 16 pigs per sow most serious disease to be contended with here is swine-fever, of which we have is hoped to have this new plant in } egunis 1.76 pence, and at exchangeling Union Insurance Soelety of had some experience, and this is, recur since we are nd-) likely to jacent to uncontrolled surround. ings. 16 head of pedigreed pigs, representing three different breeds, arc now en route from England, a change of strain being necessary. The new system of breeding pens, as reported in my speech of last year, has proved all and more than was expected of it, consequently future extensions will be made on similar lines,
Poultry and Vegetables. Poultry. Our egg-producing lock han proved a very disaji pointing venture, since disente
taken
toll. Tt
has
સ
The British Thomson-Houston But No. 6 which was installed in the new building during 1929 was constructed in such a manner that it can be converted to the higher economy in operation, and steum
pressure with Increased this conversion will be undertaken as soon as the new plant has been
#
set
put into commission.
The old No. 1 Turbo
has been
Hold at profit and the balance at the credit or
this account amounting to $7,620.76 has been placed to the credit of
No. 2 turbo-alternalər account,
Mr. Wickham's Retirement.
appears that surrounding districts Since we met last year, Mr. W. have been infected with different. Wirkham has handed over the Landun representation of The pottry diseases and serious loss
results in the future.
Increased Output.
The figures you have given us with
regard Lo the increase achieved in the unit output are pleasing, and provide an element tending to the confusion of those erities whose pessimistle predic tions have at times inferred that this Company's output is rapidly nearing saturation point.
Chua Sing Choo, Chum Wing Keu, G. H. Potta, Jan Con Sang, Ip Fook, J. T. Bugram. Seu Kan Chi, A. Zimmern, Wong Iling Kwong. Yong Choi and K. F. Lay.
WHAT TO DO WITH A COLD.
(Continued from Pago 6.)
As a matter of interest, it would appear from the figures referred earnest in his crusade that he de- to that present consumption is in
the
it was deelded to forma the of the populatiid to the some-curiously to-day; it was that a
Electric
and
is reported. We have not given Company to Mr. Marsh.
hirds have just been imported ed ap hope, however, and a number Wickham was originally connect- with Mesars, Johnson &
the vicinity of 70 units per capita ired that it should be recorded Phillips and came out. 16 Hong- according to my impression, in fever."
of the island population, whereas, on his tombstone that he fed from Canada.
Vegetable Garden-We have kong on business compected with England the found that there is an undoubted that
fira in 1888. About that reaches 100 to 500 units per capita
unit consumption A New Gospel, demand for good fresh vegetables time
The principle underlying grown under hygiente and up-to-¡ Hongkong
Due regard practice of starving a fever rings Company must, I know, be date methods, particularly vege- Limited and advantage was taken what different tables suitable for salads, and a of Mr. Wickham's presence in the considerable extension has just Colony to get him to draw up a been made to our garden area. general scheme for electric light- With the experience obtained wing. His proposals were adopted hope to have much improved and he was responsible for the erection of our original station. lee. This commodity has been on the completion of same he was in good demand throughout the appointed the first Manager of The balance at Credit of Profit
the Company and we have had and Loss Account amounts to
the advantage of his valuable Building Extension. $327,364.53 which with the sum of
period of over 40 Buildings.At our East Point services for $24,054.41 brought forward from Inst year's account makes a total Ice Works, an extension of two years. of $354,418,94 for appropriation. cold store rooms was completed Your Directors recommend deal during the year and these have Over these 'ing with same as follows:-Pay- been fully occupied. ment of a dividend of $1.50 per two rooms Chinese stuff quarters share on 200,000 shares, absorbing were erected and are filling a
Part of $300,000 to add General much-felt want.
our Reserve, $20,000; "carry forward Town depot buildings, in which $31,418.94; with shareholders will concur.
to
year.
career,
Pioneer Work.
RAINCOATS.
A
and
UMBRELLAS.
We have received a new stock of Raincoats that are Guaranteed Waterproof,
Made expressly for us
in Shades of Grey, Fawn and. Navy in three different lengths, which enable us to fit the shortest or tallest figures.
Stocked in all sizes from 28" to 48′ chest with or without a bolt.
Prices range from $19.75.
Less 10% Discount for Cash.
Wm. Powell, Ltd.
Specialsta in Gentlemen's Wear.
10, Ice House Street,
FRY'S
are the only
makers of
CARTETS
valling, nevertheless it would eer-all seriousness & Visitation of the tainly appear that what may be Evil One; the patient was სი- point" is a phantom at present which had to be attacked termed The spectre "saturation
Jon lieved to be possessed of a devi far beyond the horizon so far as this Company is concerned, not-
countered in every possible man- withstanding the somewhat cirr, not only passively by starva cumscribed area within which it tion, which cut off the enemy's operates.
supplies, but also, and perhaps more particularly, by active de pletion in the form of blood let- Shareholders will undoubtedly and other debilitating methods, ting, cupping, sweating, purging, It must be very gratifying to desire to be associated with the which, while doubtless exercising Mr. Wickham to have watched the Board in their expression continual growth and prosperity appreciation to Mr. W. H. Wick-variable effect of killing the pati
of the demon, had the almost in- of the undertaking which is due in ham in respect of his pioneer ent at the same time, 10 small measure to his careful work and valuable services an
Graves thought and taught that, guidance in the earlier stages of behalf of this Company continuing Devil or no Devil, a high tempera- over the lengthy period of overture was essentially a consuming When Mr. Wickham retired your forty years. In his well-earned process, and unless its effects and should Directors requested me to convey retirement, which we trust he will were counteracted by readily us If you will refer to the balance be completed in another month, to him an expression of their be long spared to enjoy, it will similable food taken in quantities sheet you will find amongst the Thunt improve accommodate contin his long and faithful satisfaction to Mr. Wickham to casioned by the fever, then the
result of this will be much appreciation of the work done by doubtless be a source of no little sufficient to repair the
loss oc- liabilities two items each for tinn both for the office and service. This appreciation has watch the steady progress made patient would surely succumb. He $967,880. Thes represent the
hatchery. Our farmi buildings payments received to the 31st
heen further marked by a small by the undertaking upon the was fortunate in Anding ar au- December last on the 48,984 new are in excellent condition. Apresentation. We hope Mr. Wick-origin of which he bestowed much dience which, from sheer disgust shares applied for up to that date.depot was opened at Kowloon Tong ham may be long spared to enjoy labour, with which he has been with the appalling consequences The item Application Account, New last and has proved a boon his well earned leisure.
so long and honourably associat of the then orthodox teaching, was Shares Issue, will be transferred to there.
ed, and to the success of which
cager to welcome any new goapel to Capital Account In the extend to our shareholders und
during 1991 Accounts but the item customers an invitation to visit
1930 your Directors consider that expert advice.
sults. Premium on Shares, representing the Farm in order to see our live the results have been satisfactory would like to take this opportunity
In conclusion, Mr. Chairman, i And so it came about that this the premium of $7.50 per share on stock. "T
and I can assure them of their appreciation of the services
new gospel was onthusiastically these shares will remain as a re-hearty welcome.
to congratulate the Bourd, the accepted not only in Great Britain General
and the personnel but in every civilised country. It
The serve in the accounts until such I now beg to propose that the rendered by the Manager, staff
on the results of time as it is considered necessary report and Accounts as presented and workmen and with this I am of the
be adopted and passed and when sure the shareholders would, keults reflect nat only great cre-been the means of saving
Robert James Graves that he has
which
or advisable to utilise it.
ዪሮ
are now
I trust ander recone has been)
In conclusion I would again have been experienced
In view of the dificulties which he has largely contributed by his which offered hope of better re-
this has been seconded I shall be pleased to answer to the best of my ability any questions Share holders may wish to ask.
once more wish to express
to associate themselves.
I now propose that the report
of
thecrationa, which may therefore be claimed for
moro
it on the able administration lives and preventing more sulfer- exerted, but bear also eloquent
testimony to the soundness of the ing even than Joseph Lister him-
olicy nursued in keeping abreast of the times in the matter of You Can't Stop It. modernization of the plant, result-
and statement of accounts for the year ended 31st December, 1950, The adoption of the report and be adopted and when this bas statement of accounts was second-been seconded I shall be pleased ed by Mr. F. Austin, and carried to answer any questions you maying in substantive demonstration any sensible sanction for the first
Business Matters.
désire to ask.
Mr. Taggart's Speech.
and Gentlemen, in rising ta
If there has at any time been
in view of the excellent results shown I feel sure that you will endorse a bonus of 10% to the staff on their salaries in recognition of the hard work, and loyal support given. When on the subject of the staff I should like to mention that Mr. C. Makelnrn who served the
of the stability of the Company, part of the proverb-that, namely, Company faithfully and well for Mr. II. W. Page proposed and
Mr. Chairman, I have much plea- which enjoins us to "feed" a cold. the past 36 years retired from the Mr. M. H. Lo seconded the re-
sure in seconding the adoption of it has long since passed into Company's service during the year appointment of the retiring direc- Mr. J. II. Taggart, in seconding the Report and Accounts..
tho capacious Imbo of discarded and had settled down in Australia, tors, Mr. Owen Hughes and Sir. the proposal, anid;—Mr. Chairman
A Suggestion.
madical phylacteries. It is no where, I am sure we all hope he T. E. Pearce, which was agreed
more permissible to feed a cold will be long spared to enjoy histo, while Percy Smith, Seth second the motion from the chair, Mr. W. E. Smith:-Mr. Chair-than it is to starve a
fever. rotirement.
Floming avare
again feel confident that I voice the man-In connexion with the quee- To attempt to cut short a cold appointed and for out of Mtry of unanimous views of shareholders tion of the consumption of clac. by drug, is an exceedingly stupid $2,000, the proposal
present when I afirm that we have tricity in Hongkong, I should like proceeding. This does Like all other concerns. in the MacFarlane, seconded by Mr. M. listened with no little interest to to make a suggestion for your to the inhalations, sprays, and Colony we have been forced to O'Brien,
the very lucid resun you have kindly consideration.
I think lozenges which clever pharmacista raise the price of our commodities Warron (chairman), Dr. W. Koch, the Company for the past year. I
Those present ware:-Mr. J. P. given us covering the affairs of great deal might still be done in place on the markot for the pur
Hongkong In popularising the u50 pore, of 'soothing tho 'nan rosult of the fall in exchange Mr. T. E. Pearco, Mr. J. Owonam equally conâdent, also. that of electricity amongst household- far shane w Mient
discomfort Fresh milk, for the first time since 1ughen, Mr A, B.
visitations, nor to Stewart 1920, has been increased in prica (directors), Mr. A. Stevenson in regarding the results achieved lot of anmli industries in Hong-
era for the shareholders are at one with majer
prevent the measures advocated to prevent purposes of cooking mens but only to the extent of one cont
and heating. T think there
are a spread of infection, but it does bottle. This reflects credit-on, Worldw
ng-apply to the tablets and cachots au eminently satisfactory particu-kong which might be encouraged which are freely prescribed in the BfacFarlane, ably on the policy followed where FA
HW Page, larly in view of the somewhat to use electricity for small plants, cocktail bar and serong the bridge- Austin, F. Ferrit, M, H. by all animals are withdrawn from Dr. Margown, M. O'Brien, 0. 1
Fabnormal conditions prevalent together with t the many Chinese table. It is useless to try to stop the hord immediately they become Ribeiro, V. L. dos Remedios, Mrs. during the major portion of the works scattered over the island. I a cold, in spite of all that can be unprofitable. Our herd, thanks to Yung Young-sht. Chan Nai-pan, period under review. this policy and to the solestific | Chan Pun-kow, H. J. reeding methods adopted, is now Figueiredo.
Dollar Fall Result.
M.
think the Commany might well done, it will run it unpleasant. The serious drop in exchange explore the possibilities of greater course; the best you can do fa-to experienced during the year con-expansion in the use of electricity see that you do not pass it on
FRYS
Cube Block
MILK
HONEY NOUGAT CHOCOLATE,
CARTET
The Chocolate is the finest it is possible
to make Extreme redning is the main reason for its excellence.
Keep a "Cartet' by you for the odd moment. Chocolate is good for you.
DELIGHTFUL
Rulin
ROGUE
with
ROD LA ROCQUE
MAJESTIC
THEATRE
To-day & To-morrow
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