Fireplaces of
Beauty
in
Latest
Colour
Schemes
Manager:
Local Wienskong.falenyaph***
Gənih vOldbic Niesko godini, Lady.
#ANGI? Street, Hongkong.
The
Dollar on Demand:-11 TUT. on New York:-30 Lighting-up Time!-6.42 KOMEN High Water:-23.07. Low Water:-----17.15.
Hongkong Telegraph.
DUNLOP
C. E. WARREN & CO., LTD.
China Building.
T.), 10269
FOUNDED 1881
NO. 23,483
-#-JAXWF MONDAY, AUGUST 31, 1931.
LOCAL BRANCH,
336 PER ANKUM
BATH LE COPY 10 UEKTY
Paddar Bidg.
WAR
Queen Wilhelmina of Holland, who 51 to-day. Photo taken in Paris recently, when the Queen attended the Colonial Ex
hibition.
DUTCH QUEEN'S
BIRTHDAY.
RECEPTION HELD AT
CONSULATE.
To celebrate the birthday of Her Majesty Queen Wilhelmina of the Netherlands, reception was held by the seting Consal- General of the Netherlands in the Chancery of the Consulate. Asistis Building, this morning, when 4 representative gathering
bled.
ASSERT
RESCUED FROM THE
DUST-HEAP.
CONSTRUCTION CO.'S RENASCENCE.
BIG INCREASE IN CAPITAL
APPROVED TO-DAY.
DEVELOPMENT SCHEME.
"WE HAVE NOT rushed into the proposed land development and building scheme without care. ful deliberation and a full sense of its potential benefits to shareholders and that of our responsibility as the trusted guardians of your interests,”, declared the Hon. Mr. J. P. Braga, presiding, this morning at an extra. ordinary general meeting of the Hongkong Engineering and Construction Company, when a resolution increas. ing the capital of the concern from $200,000 to $1,000,000 was approved.
BRITAIN'S PLANE-CARRYING SUBMARINE.
Britain's latest submarine, an aeroplane carrying craft, the M-2. The plage is shown being removed from šla kanger, prior to being catapulted into the air. The submarine also carries » powerful gun.
PREMIER'S
CHEERY POST-BAG.
Anonymous letters to the Press in the last few days Encouragement By
led to an impression that the meeting might be a lively one, but it developed into an expression of approval of the work of the Directors since the Company was "rescued from the dust-heap" eighteen months ago, Mr. Braga's speech being frequently interrupted by warm applause.
LARGE BALANCES BUILT UP.
The Chairman Said :-Gentlemen,, restrictive operation might, with Through the mediun of the advantage, be modified. This view Mr. W. Van Sereven Arting newspapers, you have had notice of was based on the improved fitancial the this meeting for the required per position of the Company on the 31st guests, and proposed the health | ind. That notice has just been, December, 1930, of Is Majesty King George, while read by the Serretury.
Consul-Generai?
received
•
others who were
Since then, there has been a fur-
six
the General Officer Commanding To those of you who attended, ther substantial improvement in (Major-General J, W. Sanditands) the private meeting of shareholders The Company's finances, gave that of Her Majesty then the 22nd April last year, and to
It may be too much to expect Queen of the Netherlands,
ዋ In addition to members of the ordinary yearly meeting the continuance of the recent rate of "progression. At the same time, Consular Boly, there were present sale day this year, the advertised there is ground for optimism that, Capt. 7. A. I. Collmak trepre- | G
intimation of the proposal to in- if we continue to do as well as we senting H. B: the Governor, Capt. will not have come as a surprise.
ferense the capital of the Company have done during the A. H. Walker (Commodore). Hon.
months. earnings at the end of To carry
this proposal Mr, E. R. Halifax, Sir Joseph Kemp (Chief Justices. Hon. Mr Board of Directors to approach you commendation for the broadening however, it is necessary far your justification for the Directors rus W. T. Southorn, Hon. Mr. H, T.
is general meeting for authoris of the scope of the Company's ae- Creasy. Hou, Sir Shouson Chow,tion of the proposed increase fon. Mr. R. H. Kotewall, Hon, Dr. capital. Ant it devalves on
ivities. S. W. Two and many others,
the
JANE
All Classes.
THE SPIRIT OF
SACRIFICE.
DULL SHIPPING OUTLOOK.
ADVERSE EFFECT OF
DOLLAR.
DOUGLAS MEETING.
Select Committee.
SANITARY BOARD
RESOLUTION.
At to-morrow's meeting of the Sanitary Board, the President
16-YR. OLD HINDU ASSASSIN.
TRAGIC AFFAIR
IN INDIA.
POLICE OFFICER SHOT DEAD.
Calcutta, Aug. 30. Another tragic sequel to the insurrection at Chittag- ong in April last year occurr ed to-day on A football ground at Chittagong when a Hindu boy, sixteen years of agc, shot dead Badabur Ashanullah.
Ashanullah was the police In- spector who supervised the in- vestigation of last year's out- break when a mob of rebela at- tacked the railway and police. stations, murdered six polleo officers and destroyed the station und the police armouries by, fire.
As a result of the investigations many rebels were urrested and sentenced,
Ashanullah was congratulating a local football team of which he was the patron, on winning the Railway Cup. when he was shot through the heart,
A Sub-Inspector of Police, who was one of the footballers, tackled
The depressed state of trade will move the following resolu- throughout the world which has tion referring to exemptions affected all shipping companies, from certain requirements in the murderer, who was injured in ing any great improvement in tablishments: and the impossibility of forecast the case of food-preserving es- a desperata struggle-Reuter,
the outlook for shipping in the
"That a Select Committee be
Far East, were commented upon appointed to consider and advise by Mr. A.H. White in presiding the Board-having regard to the at the annual meeting of the data Icew available whether it Douglas Steamship Company, should exercise its power la ex- by held in the P. and O. Building option or modification given
fand
nd 80, in what way: this morning.
and in particular to consider whe Supporting him were the other a distinction be drawn be
establishments Mr. J. J. Paterson and the Hon.
already 6. C. Mackie, members of the operating and establishments to be allowing shareholders: Mossrs. M. K. Lo, Dr. R. A. de Castro Consulting Committee. und
operated in future; and that Mr. N. V. A. Croucher, T. Ramsay: Basto and Mr. Wong Kwong-tin do
Kwai. Wong Pin-un, Lam all
and form such Committee.” Chun Wing-ken.
London, Aug. 31. Scores of letters encouraging him in the task of grappling with the national financial cri- is, have been received by Mr. Ramsay MacDonald, who has been spending a short holiday at Lossiemouth, prior to to-day's Cabinet meeting.
These letters
from classes of the community—from bishops to unemployed.
FO
Chairman's Speech.
the
MOTORSMASH AT LAICHIKOK.
FERRY BEGGING NUISANCE.
ANNOYANCE CAUSED TO LADIES.
tioned before Mr. Williams at the Central Magistracy this morning when it was stated that people going on to the Star Ferry Wharf fare frequently annoyed by the im-
portunities of mendieants. "one
The begging nuisance was men-
- Á--number-of-beggara-were- brought before the Court when it was disclosed that the action taken by the police, during the week-end had resulted from let- complaints written to Police Headquarters.
I into effect, the current year will provide some help to pull the country through,statement, this being owing to the CAR HITS STANDARD: ters of
of
the Chairman of Directors to expluía briefly the reasons that have led them to submit to you the proposal
FATAL ACCIDENT IN now under consideration, namely —
KOWLOON.
MISSING LAD FOUND DEAD.
A Chinese boy, of Kap Shek Mei village. has been end den: behind old Kowloon Tong, where
he had apparently fallen down the hillside.
"That the Capital of the Company. be increased to One Million Dollars!
by the creation of go hindred Thousand New Shares of the nominal value of $2.00 each and that; such New Shares be Issued at-such) time or times and on such terms.and! conulitions as the Directors shall in their absolute discretion see fiu”
Capital Reorganisation.
GIRL INJURED.
Mr. Ramsay MacDonald told an
In proposing the adoption of the interviewer that his post-bag had been a great encouragement to report and accounts, Mr. A. 11. him. Ninely per cent. of his cor- White said: Gentlemen.--it is respondents had declared their much to be regretted that we have willingness to make sacrifices and to present such an unsatisfactory "A spirit of sacrifice in all depressed state of trade through-
In several cases the complaints of the world which has affected groups of the Community is
all shipping companies. In addi Considerable damage to his ear centred on the point that the writ- abrond," declared the Premier.
tion, this Company had had to was caused when Mr. T. Mitsui,ers, who were Indies, were com- He will fly back to London to contend with other difficulties of 51. Granville Road,
pelled to give money to Kowloon, The necessity for this recum
find be preside at this afternoon's Cabinet notably the further depreciation collided with a lump standard ought hold of their clothing.
mendicants because they actually mendation, we
The Ministers of the in the dollar, which, as the ear the Castle Penk Road, after hav comes all the more apparent when meeting.
When arrested, ono beggar, of It is horne. in mind that the new Government have spent the ings of the stenmers are 011 abnormal bullding activity through- whole week-end busily studying silver busis, has materially in-ing knocked down a Chinese girl particularly woeful appearance, out the Colony during the past two the reports of the Cabinet's sub-creased operating costs, as a large yesterday morning.
was found to have as much as five years may not be maintained to the committees dealing with the amount of the expeness are pald Mr. Mitsul, in raport to the dolins on him. full extent to which it has found Government's economy proposals, in sterling or on a sterling basis. police, states that he was driving One of the defendants was fined rellection in your Company's Im- and much spade-work has been The increase in the Chinese his motor var. No. 1051. along the
proved trading accounts.
Scheme of Directors,
Vory careful
consideration has been given by your Directors to a scheme they have in view, which, they trust, will be regarded
201
it was only sixteen months ago as evidence of enterprise and that a large body of shareholders partes
(varvest of real endeavour to copter plated the advisability of place your Company on
The lad, Ching Rei, aged voluntary liquidation of the Contabove that of only a modest
મ planes
was on Saturday reported by his relativen to have been missing for some days, since when the police
ang. Every opportunity was afdustrial undertaking, forded them to carry their wish
in.
it is most desirable, in your own
have been keeping u lauk-nut for effect if that were the desire interests, that such a scheme should
Beross the
and was necidentally killed.
There are no suspicious circuni
your
stances..
upon
unobtrusively accomplished.—-
Renter.
PARIS-TOKYO FLIGHT.
THEN HOP ACROSS THE PACIFIC.
these
Tarif has had the effect of cur-Castle Peak Road, near Laighlkok. $10, or 21 days' imprisonment, in Lailing the exports from Hong.at 11.15 am. when he knocked default. Another wus âned $6 or kong, whilst on the other hand down Lam Sing, a girl, aged 16, of eight days.
the activities of the bandils the neighbourhood of Fuochow have interfered with the export of cargo. It will be seen accounts that the steamers show
G. Yu Chow Street, Shamshuipo,
The cur then collided with an electric light standard, causing
in the considerable damage to both,
The girl was subsequently taken a profit on working amounting to to the howloon Hospital, but fortunately her injuries are not al $38,041.19 and that the sum $76,000 (8 per cent.) has been a serious nature. written off for depreciation - ofį the Company's steamers.
Floating Stair Pay.
In March last, the
of
General
af Directors, was sub on the more ar less precarious į would-be winners of the big prize Fraic of 19. 6d. the dollar us from i
April lat., the rate at that time
RUN ON PERTH BANK:
COMMONWEALTH.
Perth, Aug. 29.
COTTON CRISIS.
EGYPT KEEN TO CO-OPERATE.
Alexandria, Aug. 29.
Tokyo, Aug. 20.
It is understood that the United a collective majority of shares hin. WHENE on duty in old holders after they
Another French flyer, M. Codosí contain the elements of permanent had been
States Minister has invited the Kowloon Tong, a diveman mesulted in the matter.
value and ain it establishing the is planning a non-step flight be
Egyptian Government to send ro holy of the
Apral company's carning powers on a tween Paris and Tokyo, which, if on the meeting of shareholders was
presentatives to a conference in Washington in Decembar in con. Julaide. The body was decom- held to consider whether it was in footing of greater stability than accomplished, will be extended to Managers were most reluctantly posed, but, judging by the results
is now the case. By this we mean a non-step crossing of the Pacific compelled to notify the members
nexion with the cotton situation. of a subsequent examination, it the tast interest of shareholders to that the Company's revenue should to the United States, thus placing of the floating staff that they SITUATION SAVED BY
The Premier has instructed the seems that he fell down the alone / Proceed to iqnalion. At the not be so devondent as it is at pre-him in line with the many other would receive pay at the fixed;
of capital
Egyptian Minister in Washington same meeting, a
to urge the United States Govern- reorganisation, as recommended
Board
Hourees of
rning offered by the Asakti.—Endopacifi. oxisting earning
ment to hold the congross in being on the basis of half at is- mitted to the shareholders, who, powers, but that income should
Tokyo, Aug. 25.
A wild run on the Western October since the area under cot.. after debating the question, decides the shape of earnings derivable confidently looked forward to la
The French Ambassador has Gd. and half ut current rate, which
had been in operation as from Australian Savings Bank was folton in Egypt will be already quianganisation, instead
was from land development and residen-applied to the Japanese Aviation 1st July, 1940, previous to which owed by an announcement of its This decision WAN
Bureau for permission for the after
full and free dis-tial propertica.
payment had, for
years, amalgamation with the Common- French aviator Bostolo to fly over been at the rate of half at 18, 9d. wealth Savings Bank. CURSION,
in which
several share-
Japanese territory. Bostolo in-E holders took part, of the
the suggestion
tends to make a non-stop flight and half at current rate, and we war again normal this afternoon. to wind up the Company. The out- To carry out the scheme money from Paris to Tokyo towards the are pleased to say that all mem- come of that meeting was, as I have will, of necessity, be required; We end of then month.-Indopacifi---- bere recognising the position of Sent
affairs, have agreed to this the adoption of your have in available cash, on current stated,
ar desire to ask. Directors' recommendation for a account with our bankers, and In
rangement.
Mr. T. Ramany soconded, and scheme of capital reorganisation Investments, a fair amount nf
The General Managers are en- the report was adopted without the scope of the Company's opera-by the substantial proceeds of the
the restriction. for a time, of mor and
CROSS-CHANNEL This has been augmented money.
deavouring to economise and re- .comment. tions to certain branches of
duce expendituro in every way Its anic of the Company's unipauod
possible, but although the recsipts business only.
shares. For the me however,
moro extensive working of the scheme;
the now available should, we
·MOTOR-BOAT SPEED RACE.
AMERICA AND BRITISH CHALLENGE.
Delrof. Aug. 29.
A
Profitable Trading.
Easy Stages.
Another United States hunt Miss Syndicate III, will attempt to withstand Kayo Don's challenge for the armaworth Trophy here on September, 5th-7th. ↑ At the tamo time, Commodore Gar Wood. Thereafter, with drastic economy, conside
profitable trading resulted. The cess of augmentation need not be:
sudden or onerous; it can be effect of the new policy and the re- suta arising out of it were reviewed complished in easy stages.
who has held the trophy for eleven years against four British and two French challengers, will onter Misa Amerien IV.
Kaye Don will pilet Miss Eng land-Hewle
Mahed
#sur on' Lake Garda, Italy, In July;
Count o Increased. The pro-
nc-
I
you
LATEST.
some
Other Business.
Business
planted by December.
IMPORT TARIFF.
BIG INCREASES IN
URUGUAY......
Montevideo, Aug. 21. By Government docréo It was announced that tariffa on Imports into Uruguay will shortly be increased up to 50% above the
WEATHER REPORT.
for the first half of the current Mr. Wong Ping-sun proposed and year show an increase over the Mr. Lam Kwai seconded, the re-present rate. AUSTRIAN · WALKS corresponding period in 1930, it election of Mr. J. J. Paterson, Mr.
OVERI
Is impossible, to foresee any great c. G. Mackie and Sir Robert Ho Improvement In the outlook for
Tung to the Consulting Com- shipping in the Far East. Dover, Aug. 27,
mittee, this being carrind, and on now beg to propose the adop the proposition of Mr. Ching that pressure is high to the N.E. I Karl Naumcatle, an Austrian,
The Royal Observatory reports. by the Chairman at the ordinary approve of the resolution which I walked acrpan the English Channel ties of Tin report, and accounts Wing-kou, seconded by. held In April last. It was then in- tion, you can rest assured that the yearly meeting of the Company am about to move for your adop from Cape Gris-nez to-day. Babytilou and wattor this has N. V. A. Croucher, Messrs. Lowe, of Japan. A rough of low pres He did it with a pair of water been seconded will to pleased to Bingham Matthews and sure extends from Indo-Chinto dicated that, or the opinion of your mounts that may be called up sklis. A fishing boat accompanied answer to the best of my ablity Messrs. Lipstead and Davis were far cast of Luzon. There may, bo Directors the Company's policy of (Continued on Page 7.)
him.
any questions, shareholders may reappol auditors.
a typhoon at its eastern extremity,