1918-06-05 — Page 3

WEDNESDAY, JUNE 5, 1918-

AUCTION.

Hughes & Hough

AUCTIONEERS TO THE GOVERNMENT.

General Anotionsors

R

Pletting by Public Auction Sale, to be

THE CHARTERED BANK

OF INDIA.

THE CHINA MAIL.

in the service at the bank. We shall share equal to 10 per cent, per anzi, mis. bine. Arthur Favite has been free of income-tax, and carry, forwint selected to fill the position of necretary. £167.281, against £137,463 bringht jac Deforis referring to the work at the star Whilst our profits bares largely ex EXPANSION ALL ALONG THE LINE. I have to report, with great regret that unded, our expenses have but naturally.

during the year death has a claim.de present abnormal conditions, in the person of Mr. William MacVicar, that gar cont. of that neue due fed mus of our most promising others increased also, heit it is satisfactory to know

who entered the bank's service in 180entirely to the higher rates of exchunga and last beest for al's years sur valued ruling, in the Past. With these retiazks.

The sixty-fourth ardituary general meet ing of the shareholders of the Chartered lank of Iralia, Australie ted China wex

PUBLIC AUCTION,

DARTICULARS and Conditions of the held on MONDAY, the 10th day of Share, Coal and General Produca June, 1918, at 3pm.. st. the Otheca of art on the bank's premises at

the Public Works Department, by Order of Bishopsgate, E., on May 10th. Si His Excellency the Governor, of Ora Lot of CROWN LAND at Kawicon, in the Moutage Cornish Turner (chairman) Colony of Hongkong, for a term of TS years, with the option rezowal at a

presiding. Crown Rent to be Axed by the Surveyor of

Brokers and Commission

4.

Agents.

PROPRIETORS

* Dos) Storage,

Codes wond

Bentley's

4th & 5th Editions.

A T Telegraphia Code.

Teisgraphic Addres

"MEIRIOT* HONGKONG.

PUBLIC AUCTION.

THE Undersigned have received ia- ructions to sell by Public Auction, {FOR ACCOUNT OF THE CONCERNED),

On

SATURDAY,

the 9th June, 1918, at 10.30 a.m., at their Sales Rooms, No. 8, Des Voeux Road, Corner of Tce House Street,---

LADIES' DRESS MATERIAL, &c.,

Comprising :-

Lawn, Holland, White Drill, Figured Prints, Alpaca, Table Cloths, Serviettes, Toval, Sheets,

Counterpanas, White

and Coloured Blankets Gent's and

The excellent work of the stat is redettim That the report now presented, and most successful, agent in Caribe, gentlemen, I beg to more the Best resolur. in the results shown in cur annual together with the balance sheet and prefit report, bus. I can alas, with pleasure state and low account, be approved and that every member of the staff, at home adopted”, Mr. H. Winters (one of the and abroad. both male and female, has

branch of the work. The services of the

1

'Sir ALRED DENT, KCMG.. secondad

| His Majesty the King, for one fartizēt | manager having read the police condone his or her hest in rush particular the resolutiva.

term of 6 years.

Locality.

NO DE S

Betry Ma

કર્મકાવવું ન

Tolani Lei No,

Particulars of the Lo

METAFETTER O I

N

A

+

It.

IL

tt. the

FOR SALE

13

FOR SALE,

$100 PEARL THREAD-NECKLACE Apply from 12 to 7 p.m. Room 66. King Edward Hotel..

FOR SALE.

Lady's Handkerchiefs, White and Blue GEND

Serge.

Also

About 400 bottles French Perfume. Termo-Cash

་

Hongkong, June 4, 1918.

reping the meeting and the report of the staff at home have been specially reang

wed by grants to meet the increased ecus

auditory,

sir, with regard to the £35,000 which you Mr. Hasar B, Hestes: Might I ask,

INTIMATIONS

STATE EXPRESS

"

CIGARETTES.

The particular man demands a particular cigarette. State Express are made for just such men-met of discrimination who require the best.

VIRGINIA

are placing to the offers supersuna No. 555

tion Innd, whether that fund is included|

in the liabilities or assets in any shape,

The CRAN said: The report which of living, while our foreign staff have, I have the pleasure to submit for your since 2010, received an extra month's approval today will doubtless be con.alary. These allowances are, of course, or whether it is an entirely private sidered satisfactory in view of the pre-per cent. granted by the shareholders,

in addition to the annual bonus of matter?

The Custmas: It is not specially ear vailing conditions of stress and trouble Further, owing to war didenities, it has market. You will find it specially enr under which we have to conduct banking been found impossible to arrange turnarked, think, in ur next repers, operations. Our chief sim and object has lough for our Eastern stat, and the leareThe superstation fund will come under: hren, in co-operation with other exchange of many of them la long overdue. In the deed of trust gradually, and the dend banks, to finance, to the vimost limit of sure these cicers by allowing them setting aside vertalt anports which now such cases the directors have compen of trust will necessitale er specially our resources, shipments of national in draw one-Eith of a year's salary extra appear in general baincess, [488 irtance from Eastern ports to this for each year that they serve abroad after

"X" amarsmodiu "4" Bricoman country. To this end the Secretary of their furlough" becontes' dae. I am glad State and the Government of India (as to say that the Court of Director have, Me. Froguex Tomitissux said that the lip copjuetion with the managers, report presented was such that the share. represented by the Food Commissioners evolved a pensionisclieme for the stuff.helders could not gracefully leave the fat home and in India) have called upon which will come into operation feetmeith room without offering their sheere con- the servies of the exclunge banka, who deed of trust has been draw up and ratulations to the board and also to the |have loyally responded," and, we; believe, trucees-three directors and three mera-management, both her und abroad, had the approval of those in bers of the statt-have been appointed to especially in view of the strain and stress authority. With this epocas drain can teak an active part in elaborating bank during the past year. (Hear, hear) deal with the fund, Sir Henry Coning involved in carrying on the work of Bus pur 'resouries we may not have been able, the details of the funds. Nareholders The Chairman had posed cus that the f484t all times, to satisfy the full requires will. I am sure, be glad to have some reserve ford anióunted to 12000,000, ments of our friends and enstomers in information as to members of the star as compared with a paid-up cúpital of Ee the speaker) called the ordinary course af business, but we serving in His Majesty's Faroes. In alt 41,208,489. have done dur best, in spite of lessened 113 members have joined up have attention to the item in order to paint obtained commissions, while 22, I regret out that the dividend cured was not on Connell sistater. We have all recogno say, have given their lives in the gori the 43200.00 alone, but on the reserve jued that, în grar since, the demands of ons cause of liberty and redim. A and the repita: together. If they were the nation are of parasound importance, honour to their memory. One officer hues to disunite them it would be abent 12 and must be met first and foremost. As received the U.S.O six bave izen award-per cent. on the reserve and, about 7 per ed the Military Cross, and one the D.S.MT. went on the capital. In days to come might be expected, exports from this side I am confident you will agree with we would probably have a Lalang Govern to the East and Far East Kave declined that this record is of which the mint, and that fiovernment would look ronsiderably, which, by reducing the Chartered Bank of Tudia y proud with very greedy eyes upon any cum- demand. Tre hauk remittances, have fur-Hear, hear,) -

pany paying & dividend of 19 per cent. ther increased our diffinitios and have

The question was whether the time had ferved exchange bankd to rely

net, come for the capitulisation of souve more than

of that reserve? ever on Connell Hills for laying down 'funda of the other side. All engaged in bosiness-exporters, importers, and deal ershave much to eccterd with, but we,

ALESEND 109 THE PEAK.

Apply C. E GALE,

P. W. D. Hongkong, Mar. 29, 1618.

HUGHES & HOUGH,

Auctioneers.

491

TO LET

TO LET.

PUBLIC AUCTION.

10. 7, STEWART TERRACE,

HE Undersigned has received in NS THE PEAR.

THE

structions to sellby Public Auction, (PO2 AccomNT OF THE CONCERNIU).

on

SATURDAY,

the 8th June, 1918, at 12 o'clock Noon..

01 at their Sales Rooms, No. 1,

Des Voeux Road, Corner of Ice House Street,

1 double-barrelled hammerless. ·

EJECTOR GUN, 20-bore by the

A. H. Fox Co.,

1. six-sbos repeating WINCHESTER

GUN, 20-bore.

(Both these Guns are practically new and have only been used once).

On view Now..

Terms-Cash.

HUGRES & HOUGH,

Auctioneers,

Hongkong, June 4, 1818.

PUBLIO ACOTIÖN

Apply to

LINSTEAD & DAVIS. Hongkong, June 1, 1918

453

קטור

STRENGTHENING THE RESERVE,

-The statements of aecnunta now before

you is specially noticeable in the fact that

The Cuanas, du reply, suid che: the aur proposal to add £10,000 to the re- directors would daty ensider Mr. Ton serve will bring that find up to the kinson's suegration, but be was bounde autisinctory fivere of £3,000,000, is com to say that if exrried out it weuld have cân only look forward to the tinie when | g1,200,n), it has been the consistent care to see the hunk without any

pured with Our paid capital of far-reaching effects, Puronally he would) war has ceased and trade has resumed policy at the directars for any course, Mr. Tomkinsatz 5 quite agrees! its oral came, I might also refer to pass to add to the reserve, thereby assur Of course betsu Mr. Tonkinson's Baimt : | the scarcity of Londage, which restrucing the financial stability of the bank, and it was one which he was afraid wou'd operatious smal is fein at all points alike.improving the pains of the shares in the give the concern in the future, and als TURNISHED FLAT in Queen's That, unfortunately, is a difficulty which marke. Further, it is

JA A measure other large instituticus which halaleri- | is likely to increase rather than towing to this consistent policy of hek ously built up reserves,' They might be diosinish in the next few months. As banding our resumes and building up a subject of lint in the fabare, but Jee

TO LET.

Gardens, trom 1st June.

Apply to

PERCY SMITH, SETH & FLEMING- regards or Extimes in India, it is sosis, reserves that we are able to pay the hoped corinta sense would prevail.

Hongkong, "May 16, 1919.

No.

492

THE Undersigned have received in- structions to sell by Public Auction,

MONDAY,

the 10th June, 1918, at 230 p.m.. at No. 9, Middle Road, Kowloon,

(Ground Floor),

THE SUNNKY

VALUABLE HOUSEHOLD

&c.

FURNITURE,

therein contained. including :-

TO LET.

O. 67 THE PRAN, LUSTLEIGH.'

HOUSES ca Shameen, Canton.

Apply to

427

THE HONGKONG LAND INVEST MENT & AGENCY Co., Lan.

ΤΟ ΙΕΤ.

A

FLAT in Nathan Road, Kowloon.

Four roomed houses in Kowloon.

Apply to

factory to write that the crop reports up handsome return which shareholderu now

The resolution was carried goumitrausly.. to date are most satisfactory. During the erjoy. I feel confident that the palieg

The next moved That past few months changes have occurred pursued will meet with your hearty ap a dividend at the rate of li per crat. per. both in the Quart of Directors and in the proval. Taking the Aures ni the report sarum for the half-year ended December head office management.

very issued in 1906, you will find that, the $1 Jast, together with a rank of 21 per esteemed friend and enileague, Sie Heary reserve fund then stood at £975,000, in stare, both free of incons-tax, be ngu Cunningham, as thought it right, in the creased to £1.475,000 in 1907, partly by declared, payable on and after the 17th interests of the hack, to resign his sent the addition of the premiĩm on the new inst."

Our

J

The CHARMAN: The third resolution, which is rather a personal mutter, is- That the remuneration of the directors

on the board owing to indifferent health. {shares issued in that year, and gradually Lord Gsoudy. Histus, 0.c.s... Sir Henry has been a member of the increased year by year up to the present seconded the motion, which wus" un- boat for the past twenty-eight years, figur. Turning to our balenediasheet, animously agreed to. and has won the friendship and esteem we have every reason in congratulate dure of all his colleagues on flae beard and of selves on steadily exponding figures, the managerial staff." We part with great pointing to healthy development all along regret. Sir. Duran Carmichael pas been the line. Our totals now aggregate as From April 1, 1318. shall be the main elected to the vacant seat on the board? | 932.492. as against 31,200,942 M of £10,000 per annum, to be appropriated Sir Duncan lately retired from India after December 31 last year, an 'increase of fout of the funds of the company as pro- a most seeessful career in the field of £5,500, and even these figures would vided by Clause 77 of the deed of assp counnerce. He has ably filled the ima the onlinary course, have shot. fciation." I sluld like to paint cut that pretant post of president of the Bank ofsiderable increase Ead our complete re- the remneration" of the directors was HUMPHREYS ESTATE & FINANCE Bengal, and also other pullie offices, both turns not been delayed by the shipping bed about thirteen year ago." Since ditgulties. Our current and fixed dethat time our business has more than [pouit Accounts. now amounting to doubled, and, us Mr. Tonkinwin has As regards the staff. my brat duly evidence the continued confidence our

£28,042,118, an increase of £5.338 £72, pointed out, there is at the present time far more serious anxiety, trouble and must be to refer to the most regrettable home and Eastern friends pince in the stress in the conduct of our business than and natinely death of our mosh-valued stability of the bank. On the other side, there was in the past. 1 mld also like friend and college, Me. Thomas Fraser.of the account, our cash in hand amount to say that it is not our intentions to draw It is a distitut less to the bank, for ined

to 18,14,145, an increase of the full amount, I wish to keep a little" Mr. Fraser was combined the theoretical 0.250, showing a proportion of cash ti reserve becase it might happen that experience of an expert with the practical to deposit liabilities of over 30 per cent. we might think it expedient is the coming

Our policy is to keep as liquid a poxi years to add to our board,

La.

CO., LTD. Alexandra Buildings. Hongkong. August 22, 1917.

ELECTRIC FITTINGS.

(Full Particulars from Catalogue).

On view day of Sale,

T:-Cab.

HUGHES & HOUGH,

Auctioneers.

Hongkong, June 4, 1018.

PUBLIC AUCTION.

BANK

in Beanbag and Calcetta.

THE LATE MANAGER AND STARY.

experience of à sound and brilliant es

493 THE BANK OF TAIWAN, LIMITED is death adds cno more tion as posible. Our billa discounted Mr. Thomas CCTECTSOx seconded the

(TASAN GINKO).

name to the roll of those who have suffer and loans also show satisfactory progress resolution, which was unanimously. ed from the strain and stress of this at 01.10. against £9.501277) Milla adopted.. terrible war. I will, with your permis of exchange, including Treasury bills. The election of Sir usean Carinichael mion, read the following resolution passed amcinting to £4,387,000, require ex as a member of the board was confirmed. nt a meeting of the Court of Directors planation. Owing to the serious delays and the retiring directors, Lord George. on. January last: Before "dealing in arrival of the mails, we found our Hamilton. and Mr. W. Foot Mitchell. with the business of the day, the obair acives in the askward predications, of, were re-elected

HE Undersigned has received in- Tstructions by rublic Auction.

on .

TUESDAY,

the 11th June, 1918, at 11 a. on the Premises of the Hongkong & Kowloon Wharf & Godown Co., Ltd, West Foint.

168 Cases RUBBER: more or less damaged. Inspecting orders may bo obtained rom the Undersigned.

Terma 'Cánh

HUGHES & HOUGH, Auctioneers.

Hongkong, May 27, 1914.

BRIDGE SCORERS

In Blocks of 50 SHEETS.

30 centa: each

Four for Que Dollar.

Oblamahlo at

Street

Isconronatio By Special IMPERIAL CHANTEL, 1509.

Capital Subscribed... Yen 30,000,000. Capital Paid-up

20,000,000 Reserve Ford'

4,630,000

HEAD OFFICE TAIPEH, FORMOJA.

BRANCHES :

JAPAN-KOZE, OSAKA, TOKYO AND Yoxo-

HAMA. DAM

taan officially intimated the death of either having to delay, our counts pr

The auditors (M. D. C. Wilson and Thomas Fraser which took place on the of resorting to our old method of group- Mr. H. C. K. Sulenau) were r 18th inst. He then made the followinging the en route itwas ander a sepa appointed.

remarks: Mr. Fraser joined the bank aate heading. We considered it advisable Mr. S. RENNARD Davis: There is one nected with this institution for the past delay the payment of our dividend, and rarely the; the ban thanks of the May 7, 1883, and has therefore Beer con- Ito follow the letter course rather than more resolution which I with to propose

FORMOSA-Axo, GA, Kacz, Karıskı

thirty-five years. In air. Fraser we have, in this we feel sure we have your hearty shareholders be given to the directors and KERLUNG, MARUNG, P, Sam lost a rant able and experienced manager, approval. The result of this is the re- the staff for their successdal management CHIKU, TAICHU, TAINAN, TAXON, devoted employe of the bank, and a struction, temporarily, into the bal of the bank. No words are needed fron colleague whom we all-trasted and looked ancesbest of an item, Bulunce of head me to commend this to the shareholders. CHINA-AMOY, ^^ CANTON, T FOOCHOW,

HASLOW, KIDZIANG, SHANOL, to with the greatest admiration and one and Inter-brunch remittances, but I am sure they deserve a hearty vete SWATON, DAN S

· EXMARANG "AND NEW Yonk.z

LONDON BANKERS:

85 cents TIN

OF 10.

PACKED IN PATENT VACUUM TENS.

Sole Manufacturers:

ARDATH TOBACCO CO., LTD., LONDON, ENGLAND.

1814 ESTABLARS 1914

100

JOHN

HADDON

AND CO.

Export and Import Agents

For ONE HUNDRED YEARS in the CITY OF LONDON we have acted as Buying and Selling Agents for Traders,Storekeepers, "Growers" of Colonial Produce. Are you requiring the services of London Agents to promote your interests? We shall be pleased to enter into correspond- ence with a view to arranging terms to mutual advantage.

BANK CREDITS ARRANGED. CASH ADVANCED AGAINST SHIPMENTS.

JOHN

HADDON

AND CO.

Colonial Merchants and Produce Agents,

SALISBURY SQUARE, LONDON, E.C

DRAGON MOTOR CARGO,

KUDSON

MOTO2

CARE

HOLE DISTRIBUTORS FOR THE FAMOUS-

TELEPHONE" 489. COME "AND" INSPECT

BARLEY DÂN1: 10

KOTAK

«CYCLES.

BEST CARS. IN THE COLONY FOR HIRE

THE KWONG HIP LUNG CO., LTD.

(NOW BRECONSTRUCTEDY

NGINEERS And SHIPBUILDERS, BOILER-MAKERS, BRASS and IRON LA FOUNDXES, all work done in this establishment is guaranteed. "We here over thirty y experience. We own two Shipways and cas accommodate any craft of 23 feet long. KHAN

Shipyard: Baura-Nui Tu Down. Horton Town Office, 18, CoFHAUGHT ROAD CENTRAL, Boogkwos. Telephone No. 458

Telephone No. 9 Ketinatos furnished an application.

WONG FING WA, Manager Hongkong: April 11912

traport. It was unanimously agreed to drafts, etc., in transit, 20,110,100. Since of thanks tais year ke ibu exceptional been, tet: a word from you dons a lot, on banking with amateurs, is they tried- OTHERS BATAVIA, Bora, Hongkono, juce on ricord the profound regret of the issue of our budsper-abeet the pet success which they have titieved andor and I am sure it will cheer then on to to the in His Majesty's Government, le

LONDOS, SENDAPORE, SOFLADATA, the directors at the loss they have sus eary details have come to land, showing, spry exceptional difficulties.

repared efforts Aregards the foreign, would be a farea to try to carry on bank- lained, and to express their sympathy that the above Item was practically Mr. Wa. E. Our seconded the way, wat, they have had not only the climate ing with amateurs. I regel to say that with Mrs. Fraser and her family Mr. accounted for by kills receitable en route which ad unanimously smorded. to contend with, but also the difficulty the ladies are not quite up to it at ps Capital and Counties. Bank, London,

WE Preston has been appointed to and South Western Bank Farr's Banked Mr. Fraser pe managet, in con-1 or 10040,000 Icas bills payable en The Chamas I beg to thank yun, of getting away aver for », short change hett at any rate, we cannot send them

has Correspondents in the junction with Mr. Whitehead while r}

znuta for £0.500.000. Turning to our gentlenies, for your very cordial vote of locally. Some of our men have really poroad. Ladies are all very well Commercial, enhires of Busin. Man Lrice how heen appointed, sub-manger own probe and some sugaust, wiring, pro, thanks this, fucilly, find that soon at their fond lygchine these da po kay fare dine very good work

account, our net hoth to the directors and to as suffered from having to rendin aba certain point, as we know (and ther chdria, Indo-China, India, Philippine at head office. Both gentlenen are weagúist vai,25 In the previous year, kind remarks have been made with re of getting them one, and tie bave at home but they have not

The

Iskride, Java, Australia, America and alsawbara

koown to mur friends and enstomers, and and, after placing 100,000 to reserva garil to the staff, bocaue et korg und also been very inval in This foject they stage when we can sun them, to be Interest allowed on Current Account. I am confident that their respective epfand, adding £25,000 to offers supersnabroad they have had optional difficul. There has great liestiin, the come-members of our féregy Fixed Deposits, and Savings Deposits pointments will meet with very general nation fund, and writing £40,000 68 ties to contend with. Our range at rates which will be quoted on

Commit joiz ir in intend, gentlemen, wit application.

Lothrugs they so special letter of

· manager abroad and to the staff remained az tunin yong thanks and your hear

otium. It is thelg condos, at the bui

approval, Lastly. Mr. William

N. ANAGITA,

why has for rany years o

satisfactorily fulfilled the duties of secrèn fary

premier account (which latter item we in head offes deserve your highest prailu. copaldered necessary in low of new prefer ker.) I am rely in touch milies at certain points to meet increasing with them everyday pradically very

zan" only.

the rate of disper-cent,

Majes

yalty

so hard

HONGKONG/ BLANCH Pad, Des Vesne Road,

Hongkong Day 1, 1918)

1