1919-05-17 — Page 12

12

COMPANY REPORT.

GANDE, PRICE & CO., LIMITID.

The report of the Board of Directors to be presented at the twelfth ordinary anrual meeting of shareholders to be held at the Company's Cfice, 6, Queen's Road Central, at 12 o'clock neon on Wednesday, the gist day of May, 1919.

Gentlemen. The Directors have much pleasure in submitting to shareholders their report, together with an audited Statement of accounts, for the year ended December, S1 1918.

The result of the Working for the year 1919 is $83,373.14, to which has to be added a small amount of $3.00 received for Tranfer Fees.. After charging Depreciation and Directors and Auditors' Fees amounting to $519.18 and $2,750,00 respectively, the Net Profit for the year 1918 amounts to $80,106.96, to which raust be added the balance at Fredit of Profit and Loes Account brought forward from 1917 of $3.218.02 making a totabat credit of Profit and Loss Account of $83,32498 This sum the Directors recommend stibuld be appropriated as follows

To pay a dividend of $1 per share on 18,106

shares which will absorb .......

To transfer to General Reserve Account

To transfer to Stock Reserve Account

$18,105.00

14,000.00

20,000.00

To write down Goodwill Account ....

20,000,00

5,500.00.

W

To carry forward to next year the surn of

5,719.98

$83,324.98

To pay a Bonus to staff.

THE CHINA MAIL.

NOTICES.

Red Wing Cherokeed

Since the last Annual Meeting the Hon. Mr. Lau Chu Pak was invited! to a seat on the Directorare, and the present Directors now consist of Messrs. Chan Kaiming, Lau Po-wing, S.C. Pank and the Hon. Mr. Lau Chu Fak. In accordance with the articles, Mr. Lau Po-wing retires by rotation, but being eligible offers himself for re-election.

The Accounts have teen audited by Messrs. Lowe, Bingham and Afatthews, who offer themselves for re-election.

CHAN KAI MING..

THE RED WING ENGINEL HAS

BEEN MANUFACTUREDE FOR THE PAST 17 YEARS, IT 18 THEREFORE NOT A NEW AND UNTRIED PRODUCT.

IT: HAS STOOD UP DAY IN AND DAY OUT

IN THE SEVEREST SERVICE, WHICH THE MANY THOUSANDS IN USE WILL TESTIFY.

HONGKONG, 12th May, 1919.

DECEMBER 31, 1918.

Chairman.

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED

On Furniture, Fisture and Machinery at 10% p.a.

FA

TO DEPRECIATION:-

$.

C 519:18.

To Directors" and Auditors' Fees

2,750.00

3,265.18

To Balance-Ner Frofit for the year 1918 carried down..

30.106.96

$83,376.14

83,324.98.

$83.324.98

83,373.14

3.00

83,376.14

To Balance as per Balance Sheet

By Balance-Preft on Work Account 1918

Tranfe Fees........

By Balance brought forward from 1917 Account 20,081.02

Less Dividend at 60 cents per share on

18,105 shares., *** *** 、•••

2.$ 10,863.00 Transfer to General Reserve a c...... 6,000,00

By Balance-Net Pont for the year 1918 brought down......

LIABILITIES.

$

16,863.00

3,218.02 50,106.96

$ 83,324.98

BALANCE SHEET, AT DECEMBER 31, 1918.

SHARE CAPITAL:- Nominal-25,000 Shares of $10 each

Issued-18,105 Shares of $10 each fully paid up,$ Sundry Creditors,

General Reserve Account-Transfer out of 1917 Profits, Reserve for Discounts and Allowances and Returns, Profit and Loss Account-Balance as per Statement,

ASSETS.

FORNITURE, FIXTURES, AND MACHINERY:-

-$250,000.00

181,050.00

45,941.36

6,000,00

2,000,00

83,324,98

$318,316.34

As per Balance Sheet at 31st December; 1917, Less Depreciation at 10% per annum,

$5,191.83

519.18

4,672.65

Additions during the year,

75.00

4,747.65

STEAM LAUNCH "PERFECTION":-

As per Balance Sheet at December, 31 1917,

SUNDRY DEBTORS.

1,000.00

Trade,

38,731.61

Less Reserve for Ead and Doubtful Debts,

5,000.00

33,731.61

Rent and Sundries,

5,348,52

Payments in Advance ....

39,080.13 1,569.78

220,606.56

500.00

792.22

268,316.34

50,000.00

Stock on Hand and in Transit at cost-As taken and valued

by the Company's Manager.

Stock of Stationery

Cash-

In Hand and on Deposit

Goodwill:

Paid for in Shares-As per Balance Sheet at Dec. 31 1917,

|:

S. C. Pank,

Chan Kai Ming, Directors.

} }

C. Bond,

Secretary.

$318,315.34

We have examined the above Balance Sheet with the Books, Accounts and Vouchers of the Company, and certify that in our opinion, such Balance Sheet is properly drawn up so as to exhibit a true and correct view of the state of the Company's affairs as at December 31, 1918, according to the best of our information and explanations given to us and as shewn by the books of the Company.

Stock-in trade has been taken and valued by the Company's Manager, Mr. C. Bond.

We have obtained all the information and explanations we have required.

LOWE, BINGHAM & MATTHEWS.

Hoogkong, May 3. 1919.

JAPANESE SHIPOWNERS OFFER SHIPS TO FRENCH GOVERNMENT.

Auditors.

of 2,000 tons class will be offered at 350-430 yen per ton

2. IF the delivery is to be máde next March or April, 85,000 tons of ships of 5,000-10,000 ton classes will be offered at 450 yen and upwards.

The French Embassy at Tokyo requested the Japanese shipowners to submit their terms for the sale of 3-the supply of materials is Japanese ships to France. On the guaranteed, by next April or May, 23rd the shipowners of the Kansai 250,000 tons of ships of above 8,000 District held a consultation, and it ton class will be offered at 150 yen was decided that after a conference and upward with the Tokyo 'shipowners a pro-

THE RED WING MOTOR.

PLOTOR WITH POWER

Red Wing Charshes

•SPARR.

WE SHALL BE PLEASED AT ALL TIMES TO SUPPLY ANT INFORMATION REGARDING TER RED WING MOTOR Dа TO GIVE A PRACTICAL DEMONS- TRATION OF WHAT THE MOTOR CAN DO,

SOLE AGENTS:-

SHEWAN, TONES & CO..

ST. GEORGES BUILDING,

HONGKONG.

POST OFFICE,

Allied soldiers in the various hospitala in Siberia are badly in need of reading matter. Any books, newspapers, ete, fort their use banded in at the GPU. will be packed and forwarded to them free.

The parcel post service to Cuba is suspended..

It is notifed that all restrictions a to the use of wireless Telegraphy by Merchant Vescola on the China Station have been abolished,

The Eervices to Germany, Austria. Bulgaris and the Ottoman Empire are suspended.

No unofficial letter addressed to Abadan, Abwaz or Mohammorsh in the Persian Gulf may exceed eight ounces in weight."

The insured lattor and insured perral services between Egypt (or in transit through Egypt) and Cyprus are temper arily suspended,

Uninsured parcels for the United Kingdon will in future be forwarded from Hongkong in bags and the Public are therefore advised to pack such parcels very carefully.

Until further notice parcels for civil addresses in the provinces of Unire, Vicens, Trevise Padua, Venice and Bel- lune in Italy will not be accepted for transmission unless posted under the British War Office Permit

The Parcel Post Services to British East Africs and Egypt (except for members of the Expeditionary Forces) and to Abrennis, Bagdad, Frithrea French Somali Coast, Italian Somaliland, Portuguese East Africa, Zanzibar and Russia have been

suspended.

Registered and Parcel Mails closa 18 minutes earlier than the time given balow unless otherwise stated.

In the case of Mails closing before 9 am Registration cloaca at 5 c'clock on the pravicas evanisig.

INWARD MAILS.

SUNDAY, May 18.

Straits-Fer ARRATGON AFCAR.

· OUTWARD, MAILS.

SUNDAY, May 18.

Swatow, Amoy and Formosa via Seelung

Per KAIJOMIRU, 9am Swatow, Weihaiwei. Chefco and Teutain

-For KUEICHOW, 9 ... Java and Port Moresby via Batavia-

Per HORUTO MARU, 9.. Bangkok-Per FAUSANG, 98.10. Shanghai and North China-Per

WEISHUN, Da.m.

MONDAY, May 19, Straits and Bangkok-Per SUN TAK.

B.m..

Swatow, Shanghai and North Ghins-

Per CHOYSANG. 9am

the hongkong SCHOOL OF MOTORING. Philippine Lalande-Per-WINGSANG,

Applications are now being accepted. The School has accommodation for 200 pupila.

Courses for Mechanics and driving

Special facilities will be offered to persons desirous of becoming Chauffeurs and not having the means

pay for their course.

Works and school, Shaukiwan. Office, 4 Queen's Road Central.

SPECIFY..

SKF

BALL BEARINGS

ON ALL MACHINES. YOU ORDER

We can supply Bearings, for all kinds of Machines

POWER SAVING SELFMALIGNING

NO HOT BEARINGS KEQUIRE · `LESS ATTENTION,

THE CHINESE SKF 00., LTD.

THE UNITED ASBESTOS ORIENTAL

AGENCY, LTD...

BOLE AGENTS FOR HONGKONG, -

YOUR COPY

OF THE

(With apologies to "Joan of Arc.") Tia ready now! Tis ready now! And ita size will surprise everyone

The owners will ask for a reply Hongkong $ Directory It exceeds all exportation

posal should be made to the French within two weeks. However, it is Embassy. While the terms the considered that the French Govern owners will ask are kept secret, it is ment desires the immediate delivery surmised that they will be on the of large sized ships, and it is doubt- following lines:-

tul if France is willing to pay 450 1.-If immediate delivery is reyen per ton.-Manchurian Daily quested, 47,000 tons of steamers of News.

18 NOW" READT

Messrs. BREWEB & CO., 22 QUEEN'S ROAD CENTRAL.

It demands your approbation Tia ready now! Tis ready now 1 So do not hesitate.

But buy to day, without delay Or else you may be too

Jate

& pm.

TUESDAY, May 20.

Pakhoi and Haiphong-Per KAIFONG,

94.

Swatow and Bangkok-Per CHANG-

Shanghai

Shanghai

CHOW, 11

and North China -- Per A. APCAR 11 &

and North China-Per PAKHOI, 11 am.

Swatow, Amoy and Foochow-Per HAI-

HONG, I p.m.

ed.

WEDNESDAY, May 21:

Philippine Islands, Australia, and New Zealand via Thursday Islands- Per AKI MARU, Registration 8.45 am. Lettere 9.30 a.m. Shanghai. North China, Japan vis Kobe, Honclula, Canada, United States Central and South America and EUROPE via SAN FRANCISCO-Per COLOMBIA, Registration 8.45 am, Lettors 10.50. 4.10.

THURSDAY, May 2 Shanghai and North Chins-Per

SUIYANG, 11 am. Shanghai, North China and Japan via Nagasaki, Canada, United States, "Central and South America, and EUROPE via CANADA-PerAFRICA MARU. Registration 10.43 am. Letters 11.30 .m.

FRIDAY, May 29. Shanghai, North Chins and Japan via Nagasaki, Honolulu, Canada, United States, Central sud South America and EUROPE vis BAN FRANCISCO Fer SHINTO MARU. Registration 9.45 am. Letters 10.30a.m. SATURDAY, May 24.

Shanghai-

North China- Per YINKICHOW, &.m.

Japan via Nagasaki-Per TANGO MARU,

B

MONDAY, May 23.

Swatow and Bangkok-Per HUPEH,

11 ..

TUESDAY, May 27.

Shanghai and North

TEAN, Ham.

China-For

THURSDAY, May 29.

Shanghai and North Chinx- Per

SUNNING, 11 m.

MOVEMENTS OF STEAMERS.

'The P. &0.8. N. Co's, a.a. Arratoon Ápear left Singapore for this Fort on the 12th instant at a.m. and is due here! on the 15th instant at about day. light.

Tel. No. 1743.

SATURDAY, MAY 17, 1919.

ENTERTAINMENTS.

THE

CORONET

TO-NIGAT!

ww

Tel. No.

1 1743.

TO NIGHT!!

at 4.30 and 9.15 p.m.

FRANK

IN

KEENAN

"MORE TROUBLE

"HER PAINTED HERO,”

British Gazette No. 524-525.

(President Wilson in London.) >

な

Booking at ROBINSON'S,

VICTORIA THEATRE

TONIGHT I

4

8.15 P...

FATHE PRESENTS

RUTH ROLAND

in

TO-NIGHT-LA-

The Cyclonic Western motion picture Serial packed full of daring advenÏ'LIB and heart stirring romance.

HANDS

UP.

MATINEE SUNDAY, May 18th, ar 6 P.x.

"COLORADO"

A Dramatic Masterpiece. Featuring Hobart Bosworth & all atar Cast in 5 sets.

Booking at ANDERSON'S,,

HONGKONG THEATRE.

T. 2511.

MAY 17, 18, 19, 20. Showing:-The Bosutiful & "Cifted. Star MARIE DORO

in

Tel, 2311

"LOST AND WON"

(5 parta)

(Paramoant)

also Various Comica.

WEDNESDAY 21st

CONSTANCE COLLIER_in

(5 pts.) ** THE TONGUES OF MEN" ́ (Paramount)

A Sparkling drama of love versus duty,

Booking at the THEATRE.

THEATRE

ROYAL

LAST MATINEE

at 4.30 p.m. Children Half Price.

LAST NIGHT

at 9.15 p.m.

THE

BANVARD AMERICAN MUSICAL COMEDY COMPANY

18

"OFF

ARTISTES

MOSTLY GIRLS.

PRESENT

TO THE FRONT."

POPULAR FRICES:

$3, $2 & $1.

Booking at MOUTRIE'S.

ARRIVALS.

May 10.

HOKUTO MARU, Jap., 2,261 tons,

The O.P.O.S. Co's RMS. Empress of from Moji, Capt. R. Badzaki, Dodwell,

deia sailed from Nagsaki hay 15 35. for Shanghai.

KAM WO, Ohi.. 516 tons, from Shang- The C.M.S.S. Coa, na. Nanking arrived hal. Capt. A. Halvin, Kwong Hing, 038.

at San Franciscd on April 29.-

NI88IN MARU, Jap., 681 tons, from

The CP.O.B. Co's B.M.S. Empress of Keelung, Capt. & Kato, M.E.K., Cla

i esiled from Kobe May 14 for Capt. H. van den Berg, Wai Hing. ASIA, Chi., 668 tons, from Haiphong,

C18,

Prima Yokohama. The TKK A. Neyo Máru arrived at Yokohama May 13 and sails May 17. according to schedule for San Francisco en-route to South America. The C.P.O.B. Co's RMS. Empress of Japan sailed from Kobe May 3rd and is due at Nagasaki May 5. The TEK. A Nippon Maru arrived at Yokohama April 7 and will all for San Francisco from that Port April

The T.K.K. a. Anyo Meru arrived at Yokohama March 30th, and will sail April 4th for Honoluin and Ban Francisco en-route to Valparaiso, South America.

CLEARANCES.

May 16.

SHUN SHING, Chi,_7 a.m., for EU. Wan via Macao, Wang Hing."

BUNNING, Brit, 0 m., for Shanghai, B. & S.

and Brakow, Seng Boon Hong

HONG HWA, Brit, 6am, for Amoy

Printed and Published for T

18

YUE YING WA, Ohi, 6 am, for Canton, Cheong Yue.

DAITOKU MABU, No. 2, Jap, Gamy

for Haiphong, 0.8.E.

SHIDZUOKA MARU, Jap, noon, for

for

London Tia Singapore, N.Y.. HSIN CHANG, Chi, 6 Bhanghai, C.M. 8.N. Co.

TIKINI, Dutch, ?, for Swatow,

JOHOR, Brit,&p., for Tsingtas,

B. &&

HAIN ERE, Chi, 8 a.m., for Tsingtao, Yu Tal Hong.

BANG BANG, Brit, noon, for Shang- hai, J.M. & Co.

May.17.

NISSIN MARU, Jap, 6 q.m. for Keelung, M.BK,

NAM WO, Chi, a... for Canton. Kwong Hing

HAM WAN, Fur &am, for Hoihow Un Est Loong.

CONCERNED by GEORGE WILLIAM

CADE BURNETT, Editor, No. 5, Wyndham Street, Hongkong.