1919-01-30 — Page 5

Page

THURSDAY, JANUARY 30, 1919.

HONGKONG CANTON AND A BUSINESS MAN'S VIEWS, HONGKONG & KOWLOON

MACAO STEAMBOAT:

·CO. LIMITED.

The report of the directors to be resented on Feb. 11 reads t

The following was written by a Business Man at Home just before. the elections. Labour is fully roused. In Russia it has gone mad.

In Germany it may likewise go mad

for, they will prove that the saner

WHARF & GODOWN CO. LTD.

THE CHINA MAIL.

The report to be presented on February Toys

QUEEN MARY'S NEEDLE- WORK GUILD.

CONTINUE WORK.

BILLIARDS

THE GARRISON TOURNAMENT.

88th CO. R.GA V. RE This match was concluded at the Soldiers Club last night, the S8th Co. winning the two remaining

The Directors beg to submit to this the next few months will show shareholders thaiz teport with a state at Government House at 11 a.m. proving, successful. The 89th "Co. The Directors beg to submit to Mary's Needlework Guild was held games, all their eight players, thus the Shareholders the Report and Statement of Accounts for the Year elements have obtained the upper 31st Decembar, 1018. M

ment of secouses for the year quaed The profit on working was $969.048.34 as compared with $879,144.65 in 1017,

The Directors recommend that a Dividend for the Year of One dollar per share, or $80,000.00, be paid to Shareholders, $40,000.00 be applied to writing down book values of steamers and wharves, leaving a balance of $25,693,05 to be carried forward to new account.

pass into the second round by a margin of 257 points. Final scores

88th Co. R.GA Previous score » .. Gr. Niven

Sgt. Drummond

1200

200*

200

Total

1600

ROYAL ENGIN

Previous score

1059

123

151

A general meeting of the Queen

yesterday. The purpose of the by the guild during the war, and to meeting was to review the work done decide the future of the organisation. The nott profit for the year after istering the Government, the Hon.

His Excellency, the Officer Admin- [ « deducting Directors and Auditors Me Claud Severn. C.M.G, presided. fees, contributing $5,000 to War Beside him on the platform Charities, and paying for repairs is were

Lady Sausmarez, Mrs. $680,085.76. The amount brought Stabb, Mrs. Hickling, Mrs. Gurner forward from last year is 5273.169.20 the Hon. Mr. P. R. Hallifax, O., B. making a total of $1,166,148.00 E. and Sir Havilland 'de Sausiuarez. available for appropriation. The The meeting was opened by H. E., director recommend the follow-who addressed the gathering pre- sent. He said that his knowledge of the

The best breaks in the games were To pay a dividend of $6

guild's work.. was not extensive. In 26,24 and 21 by Niven, and 25 by per share

$360,000.00 behalf of all those present ha Gealf

expressed regret that Lady May MANCHESTERS 87th R.GA. 240,000.00 was not with them, and increased

This match commenced on the 5.000.00 regret that she would not retur conclusion of the above, new balls 23,000.00 During her presence in Hongkong being used, the others having proved

she had taken the lead in all good very unsatisfactory. It was a poo „12,124,00 causes for war work. He felt that

To pay bonus of 34 per

ending 31st December, 1918. hand. In this case a republic will dins paying running expenses, be created there which unites the salaries. premia of insurance, loss la element of the middle classes and of

uf exchange

subsidiary silver the Secialists and stands out as the $24,781.46. repairs and all other most socialistic state in the world. harks and after transferring Switzerland and Holland likewise are There too $50,000 from the Equalization of becoming affected. Dividend Furd, there remains. Labour demands fuller recognition including $16,462.87 brought for A remarkable incident happened Ward from last account, the sum of in France this week. The Socialistic $148,693.05 to credit of Profit and Congress of France sent their Loss Account.

greetings and congratulations to the German Republic. A large Socialistic meeting in Glasgow did the same.ing Here Labour is preparing to enter. the contest in earnest. You will have read the astounding decision of Lloyd George to dissolve Parliament and have a general election. With this Labour is dissatisfied. The soldiers are still away and cannot vote. The Labour Members have been withdrawn from therefore. the Government and their. party will fight the other parties. As long as the struggle is confined to Election contests" and consi. tutional enactments at Westminster the upheaval will not be very serious. At any rate not very sudden, But will it be? This depends very farge: In accordance with the Articles of ly on the result of the Election and Association the Honourable Mr. the political wisdom of the new Gov. David Landale. and Mr." H. Wernment. Labour is determined to Looker retire from the Board by rotation, but being eligible offer themselves for reelection.

Honourable Mr. R. G. Shewan, Honourable Mr. C. B. Anton re- signed their seats on the Board on leaving the Colony and the Honour able Mr. D. Landale and Mr. W. Adamson were nominated by the Directors to fill the vacancies, sub ject to the confirmation of the Shareholders at this meeting. Mr. , Adamson resigned his seat at -end of the year.

The accounts have been audited by Mr. C. Bernard Erown, A.C.A., and Mr. A. R. Lowe F.CA.. who being eligible offer themselves re-election as auditors for 1919.

S. H. DODWEL. a

Chairman, Hongkong, 23rd Jamiary, 1919.

get what it regards as its just claim. If the Government wants to curb these, there will be great street and Park demonstrations and nearly in evitable conflicts.

い

share...................

To write oft Launches... To write off Lighters... To write of Machinery

and Plant

To write off Kowloon

Wharves

To write off West, Foint!

Whart

To write of Radlways and Rolling Stock To transfer to Reserve

Furd

To carry forward to new

account

DIRECTORS.

34

Sapper Geall Q.M.S. Wilson....

Total 1333

she would also regret being unable game, however, the Manchester man 50,000.00 to be present at the meeting. HE winning easily: Scores

MANCHESTERS. remarked that it would be a great 500.00 pity if the work of the guild could not be carried on, although the 23,000.00 | war had finished. He would leave to

others the task of making suggestions 400,000.00 for its continuance. He expressed

great appreciaion af the work done 40,528.00 by certain ladies. To Mrs. Stabb gratitude would always be felt for $1,164,148.08 originating the City Hall Work Party. She had always been indefatigable in her labours, in

the

Hon. Mr. E. Shellim resigned later and his place was takin by Mr: A F. Compton."

ין

During the year Mr. A. H. Comp-behalf of toa retired and dis place was taken "Shall we all who are not pertain-by Hon. Mr. E. Shellim. foring to the world of Labour have to go? Only if Bolshevism, that is to say the mad quintessence of Social ism, prevails. If the saner elements. Messrs. A. O. Lang and E. V. D. gain the day they will join hands Par retire according to the Articles with the trained organisers, of Com-of Association und being eligible offer Fierce and Industry and create a themselves for re-eloción. BALANCE SHEET, DEC., 31 1918. new community in which the now

LIABILITIES. 1;

Capital, 80,000 Shares of $15 each fully paid

***...$1,200,000.00

22. Insurance and Under- writing. Account, as per last account $400,000.00 Amount ad during 1918, $20,625.00 is Depreciation Fund, as per last account ................ Equalization Dividend Fund, as per last a/c. $120,000.00 $230 transfer to Profit and Loss Afc. $50,000.00 Investment Fluctuation

Account, as per last account $1,329.69 In-.. crease 12 months to date $123,724.30. Special Repairs Fund, as

per last account.... Unclaimed Dividends...

Sundry Creditors.........

420,625.00

not

called "lower" class 'is for the time being better taken care of. Little did Wilhelm of Hohenzollern imagine in 1914 that he, would be the unwill ing but irresistible agent of his old antagonists the Social- ists, in the destination alone of the military oppression but also perhaps of the capitalistic system of Europe on which our whole civili- sation and society is based. Irecog nise the justice of the demands of 150,000.00 Socialism in theory, but I do not believe that they can work in justice and I fear therefore preatly what may come. I suppose you will be greatly surprised at my writing so much about Politics, as usually I do not greatly interest myself in these. The reason is that I feel the ground trembling under, the fect of us who live in large houses and require ser- 125,053.99 vants to be comfortable."

70,000.00

7,307.55

1,173.20

194,409.82 British Government 5%

Profit & Loss Account.... 148,693.05

ASSETS.

Steamers "Honam.

Heungshan," "Sui An," "Sui Tai," and "Taishan" and ths **Kinshan," as per last a/c $1,255,000.- 00 Less written off for 1917 30,500.00: $1,216,500.00inkin Less Book value of ss. "Taishan sold 425, 000.00 Lighters "Sunice" and Wolee" as per last account. 83,000.00. Less written off for .1917 $750.00.......................... Motor-boat "Ping On"

Company's ths as pér last account $1,-* -437.50. Less written off for 1917 $330.71.... Wharves and Moorings

at per last account.. $177;169.29," Less written off for 1917 10,419.29.... Properties at Cantòn

and Kongkun, as per last account.................

-Office Furniture, as per

last account

-Spare Gear and. Stores. "Interest accrued to date Marine and Fire Insur

ance Preniia, paid on account of 1919....... Sundry Debtors

Shares in Public Com

panies at market value as per Jast account $457,079.50, Shares purchased. during, 1918,259, 208.60. Add apprecia- tion for 12 months 129,961.90- Hongkong Government 6% War Loan, as per Tast accountviesusen NationalWar Bonds 5% Repayable 1928 £20,000 at cost 3/3 $376.18, Lest written off to equal. Exchange at 3/47/16, 1,674.48 British Government

War Savings Certifi cates £355,costing £275.2.6 at 212.7/16 2,497.61, Teas written off to equal Exchange at 3/4.7/16, 861.72%

$791,500,00

:

V

2,250.00

1,106.79

166,750.00

Exchequer Bonds £5,000 as per last ac- count at Exchange 3/-$33,333.33. Less written off to equal Exchange at 3/47.16

3,657.90 LOUKITE Hongkong & Shanghai Banking Corporation, Hongkong. Current Account Hongkong & Shanghai Banking Corporation," London, Current Ac- count £508,18.11... $3,061.15. For am- ount written off to equal Exchange at. 3/4 7.16 40.50.....

ACTATORS

Messrs. F. Maitland and H. Perry Smith, F.C.A., have audited the accounts now presented and offer themselves for re-election:

Marshall

87th CO. R.GA

Br. Shepherd 136

TODAY'S ADVERTISEMENTS.

PUBLIC AUCTIONS,

TIRE Undersigned have received Instruee guild. The suo all by Public Auctura,

FOR ACCOUNT OF TEX CONCERNED),

FRIDAY,

War Purchasing Committee, consist ing of Mesdames Chatham, McKenzie and Knight, had not had an easy task on account of the shortage of materials, and the resultant February 7, 1818, at 19.30 p.m...

at their Bales Rooms, No, & dificulty in securing a sufficient

He mentioned the kind Da's Your Roin, Corner of... amount

Ice Huone Street, care given by Mr. McKenzie to the actual work of buyingOne Cylinder two seater.**

*** Teamboll”” the material, gratis. Great credit | Cari was also due to the heads of the 1418 HP. Water Cooled- Engine, various centres who had held their Electric light... units together. These were Mrs. Green of Our Little Bit Sociéty, Mrs. Maconachie of the Upion Church | Working Party, Mrs. Robinson of the Wesleyan Church Party, Misa. Loureiro of the Catholic. Worden's League, Mrs. Jordan of the Helena May Institute, Mrs, Keigwin of the US. R. C Party Mrs. Young of the Unity Work Party, Mrs. Lammert of the City Hall

Party, $3,000,000.00 Work

and Mesdames 800,000:00 Gurger Sandeman and Anstruther of the Naval Yard Party. Mesdames 150,000.00 Dyer and Stevens had done excellent 307,180.60 work in the packing of the completed

3,056.00 material for shipment.

DAVID,LANDALE,”-

Chairthan.

Hongkong, January 23, 1919.

BALANCE SHEET, DEC. 31, 1919

emma mikoa MER MISIILITIES. To Capital. 60,000 fully`

paid up shures at 850

To Reserve Budd To Equalisation Dividend Fund

of

To Sundry creditors To Unclaimed dividends. To European Ein- Provident ployees Bund

To Balince ol. Prot and Loss becount: "Brought forward from 1017 $275,183.20 and Nett Profit for 1918 $890,085.78

"ASSETS.

In good running order. TERMS:-Cash.

HUGHES & HOUGH, Auctioneer Hongkong, January 30, 1919.

(For Account of the Concerned.)

ON

TUESDAY.

February 11, 1919, commencing at 2.30 pm at their Bales Rooms, No. & Des Your Road, Corner of Ice Houns Street,

To Mrs. TEAKWOOD AND BLACK WOOD Alabaster was due great credit for FURNITURE, BRASS AND BRASS. her knitting. All the members of.

09,002.54 the guild had worked with the MOUNTED DOUELE AND

H

$5,875,997.69

As follows:

TWIX.

greatest keenness. The organisation BEDSTEADS, CURTAINS CARPETS, had received great help also from both the Portuguese and Chinese communi-. ties.H.E.remarked that the workwould

Two Chesterfield Sofas and Armchairs not have been the success it had 1,156.148.98 been if they had not had such a (new), Folding Card and Occasional systematic organisation. To Messrs. Tables, One Upholstered Suits, Bedroom Shewan Tomes gratitude was Furniture, comprising Twin Bedsteade, due for dispatching the packed large and small Wardrobes. Dressing cases of materials to their Tables, Washstands, do (fumed Teak destinations. The P. and O. Steam wood), Bideboards, Dinner Waggone, ship had also been extremely useful Extension Dining Tablesand Chairs, &c., in shipping the goods and finding Dinner Services, Crockery, and good Glass steamer space for them. They were War Cooking Stoves, Cutlaty, de grateful to the Ordnance Depart Bath Boom Utensils, Eletro-Plated and to Major Castle for seeing Ware, that the goods sent to Siberia arrived safely at their des- tination. He stated that recently an urgent request had been received

29,675.43 By Kowloon Land $1,247,870.88

By Kowloon Buildings asper last account $1,740,000.46. Since expended $340,808.54 2,080,004.00 By Wharves at Row: Soon is per last a/c $559,045.42,

44,709.03

3,020.65

$2,317,262.61

W. E. CLARKE, Secretary.. David Landale; Stanley H. Dodwell, Directors." Herbert W. Looker,

PROFIT AND LOSS ACCOUNT. FOR THE YEAR ENDING DECEMBER 31, 1918.

DEETT.

To Amount paid for, re- 103,021.71

steamers, pairs to lighters and wharves.$ 82,157.86 1,000.00 To Loss in Exchange silver of subsidiary coinage... 39,119.14

2,975.63 To Directors and Auditors'

per

24,781.46

8,800.00

..Less

written off last year $40,045.42

By Railways and Roll- ing stock at Kowloon

a%

fost a/c Per $66,000, Less writ ten off last year $11,000

By Laumeiras as per last b/c $45,000, Less written off lust year $5,000

By Lighters 49 per

lest afe $114,000, Less written of last

Year $11,000, making a total of $78,000;

Since expended $9,000

and By Machinery

Plant as per last a/c, $79,955, Less written off last year 880,000, making total of $49,055, Less sale of old gear 52,380 By Land and Buildings

at West Point By West Point Wharf

es per stolen $1,000; Leas written off last year $500 $148,693.05 By Sundry debtor

By Loans repayable 264,432.37. By Government

Fees.... Balance to be appropri 10,878.80 ated: 104,670.84 To Dividend of $1.00 shate $80,000.00. Write off book value of steamers and wharves 40,000.00. To be carried forward to New Account. 28,693.05...

CREDIT.

846,250.00 By Amount brought for-

ward from last Ac country 60,000.00 By Net Earnings of Stermera

118,701.70

632,89

By: Income from Invest-

ments.

By Transfer Fees

By Difference between

book value and amount realized by sale of e.s.

Taishan

By Amount transferred from Equalization of Dividend Fund

Electric Beading Lampe, Blackwood and Teakwood Bergens, a quantity of Blackwood Furniture, including 1 large Blackwood Screen, B'ue and white Panels,

610,000.00 from the leader of the Red Cross Bido Tables, Chairs, Cabinets Pictures,

work in Siberia for relief in the way

Net

of heavy clothing for officers of the Tennis Folen and Russian army who had escaped to Carpets new and second-hand.

Also Siberia not sufficiently clothed. In conclusion HE. expressed to Sir Havil 35,000.00 land de Sausmarez grateful thanks for

the efficient help which he had rendered the guild has a stan

Following His Excellency's speech,

Beveral

Oan Brass Cot, Treadle Sewing Machine (nearly new), by Willcox & Gibbs with all accessories.

Fiano in good condition, Large

10,000.00 Lady Sausmarez, Mrs. Hickling, Mr.Enamelled Bath, and one Rubber

Halifax, Mrs. Gurner and Mrs. Stabb made addresses. Mrs. Hickling read the report of the guild's work, and expressed extreme satisfaction at its success, also thanks to the members. 82,000.00 for their earnest work, as did the

other ladies who spoke

Terminating the meeting, Mr Jordan proposed a vote of thanks to the Governor for presiding and for the loan of the Government. House for the meeting, this being seconded 47,825.00 by Mrs. Harston

268,143.89

Tyred Bickabay

(Full Particulars from Catalogue). Terma

HUGHES & HOUGH,

Auctioneers

Hongkong Jan. 30, 1919.

(For Account of the Concerne

ON

TUESDAY, February 11,1019, commencing at 2.30 pm, at their Sales Edoms, No. 8j Den Vans Boad, Corner of

Ice House Street, --

A. QUANTITY OF

USEFUL HOUSEHOLD LINENS,

$5,875,997.00 DEAWN. WORK, & EMBROIDERIES,

PROFIT AND LOSE, ACCOUNT.

By 1 Share; Union Ins. Society of Canton, Ltd.

480,00

3,500.00. 294,869.20 450,000.00

per

Dr.

28,078.18 To Repairs

To Directors' and Audi-

tors foes A

11,000.00

0,876.61

To Contribution to War

Charities

6,000.00

bent. Exchequer Boods (part of Pro vident Fund) at cons $16,46287 By Straite Settlements Bonds Wrr Loan 67,907 29 (part of Provident

Fund) AS 49,164.21 By Hongkong and 148.00 South China War Savings Association (part of Provident Fund)

Comprising

HOUSEHOLD LINENS:-Single and

For the year ended 31st Dec. 1918, Double Flam pd Herbstitched Sheets,

Fillow Cages, Double White Satin Quilts,

$ 81,084.67 Linen Damask Serviettes, Glam Clothe

Bath Towels, Face Towels, y d

DHAWNWORK Bedspreads, Pillow Cases, Tray Cloths and de

EMBROIDERIES--Bedspreads, Table To Nett Profit for 1918 880,093.70 Covers, Tom Cloths, Rannors 18 by 64 in.

$978,020,48

A few lots of Attache Cases and 54

Ballow Valises

(áil now goods, and small lots to suit

Full Particulars from Catalogna) Terena Cash

HUGHE

80,750.00 By Hooglang and Shanghai Banking Corporation 50,000.00 By value of Coul on

$264 432.37 B value of Stores DE

27.007.10 CAD

By Nott earnings

1918 800.68 By Interest

By Untisimed

forfeited 12,480.57

18,604.10

59,018,24 purchasers).

0:224.80

5078 02048

Hongkong, Jan. 30, 1919

NOTICES.

Lane, Crawford & Co.

LADIES

DEPARTMENT

STOCKTAKING

SALE

THURSDAY, JAN. SO TO SATURDAY, FEB. S

THE WHOLE STOCK GREATLY REDUCED.

A LARGE ASSORTMENT OF

SHOES

AT HALF PRICE

Lane, Crawford & Co.

Telephone 1741.

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