1921-01-26 — Page 5

Page

TAGAPERNES * -.

\CARE ÄNDERNE

WEDNESDAY, JANUARY 23, 921.

"Shoe Bag MERCURY MOTOR ÒAR-

COLDS TH

A.B.GʻIST EDITION WARKAN URTEN

KISELITA

* L. Yarxe

59-51 Des Voeux Road Central, HONGKONG.

VARMER

-CO.

COMPANY REPORTS.

WOLK SO

TRAS

TRCE

THE CHINA MATE

Properties, at Canton and Kongkas, as per

GENERAL, OFFICE

MAR BHANCE *) K

Boo

last account inimene. Additions during 1920 ------on-

$103,021.71

56,250.00

KARBON RAL, Baren

Office Furniture, as per last account.

159,271.71/ 1,000.00

WIT PALET BRANCH 1HI

-$1,041,282,65

KING

Spare Gear and Stores...

44,85-4.48

Interest accrued to date

2,465.13

Marine and Fire Insurance Premia, account

1921, unexpired ........

10,311.50

Sundry Debtors .........................

64,384,61

Investiments at Market Value→

HONGKONG CANTON AND MACAO STEAMBOAT GO. LTD.

The report of the Board of Directors to the Ordinary Annual Meeting of Shareholders to be held at the Office of the Company, on Monday, February 7, 1921, at 11 am is as follows-

Gentlemen, The Directors have now to abmit to you a general statement of the affairs of the Company, and balance sheet for the year erding December 31, 1920.

The net profits for the year amount to $300,569.17, which, with the amount brought forward from last year $22,576.75 and the recommended transfer of $50,000 from Investment Fluctuation Account, gives an amount available for division of $373.145.92. From this amonst an Interim Dividend of $1.00 per share ($80,000) has already been paid, leaving a balance of $293,145 92 available for appropriation, which it is proposed to deal with as follows

To pay a Final Dividend of $1.00 per share

To pay a Bonus of 75 cents per share. ----......................

To write of book value of steamers and harves

To transfer to Equalization of Dividend Fund

To transfer to Floating Staff Pension Fund........

To transfer to Special Repairs Fund

To pay a Bonus to Office Staff......

To carry forward to a new Profit and Loss Account

$50,000.00

60.000.00 40,000:00 5,000.00

.20,000.00

62,847.79

4,074.00 21,224.13

$293,145.92

The Hon. Mr. P. Habson Holyoak was invited to rejoin the Board in place of Mr. W. Sinclair and the appointment requires the confirmation of the Shareholders at this Meeting-

Shares and Debentures in Local

Companies...$ 994.721.03

British Government Loans ...

176,211.85

Loans on Mortgage

1,170,932.85 6,000.00

Cash at Bankers

P. HL HOLYOAK,

JOHN JOHNSTONE, Directors. 1. E. CLARKS,

EARLIER TELEGRAMS,

,{Reuter'; Service to the China Maît.}"

AMERICAN AMBASSADOR'S

RESIDENCE.

WASHINGTON, January 25th.

There was some opposition in the House of Representatives to Mr. J. P. Morgan's offer of his father's house in London as 122,015.75 the permanent home of the American Ambassador. Mr. Morgan stated that he would withdraw the offer unless accepted by 4 to 3.

U.S. PROTEST TO MEXICO.

1,176,932.85

MEXICO CITY, January 23th. It is semi-offcially stated that the 106,469.68

Cnited States has presented an emphatic Note to Mexico in regard to the alleged $2,445,700.93 "invasion of American petroleum conces

JOHN ARNOLD?

Secretary.

We report that we have audited the above balance sheet with the Books and Vouchers of the Company in Hongkong and the returns from the Company's Agencies. We have also verified the Securities representing the investments and in our opinion such balance sheer is properly drawn up so as to exhibit a true and correct view of the state of the Company's. affairs at December 31, 1920, according to the best of our information and explanations given us, and as shown by the Books of the Company.

We bave obtained all the information and explanations we bave required

A. R. LOWE,

Chartered Accountants. C. BERNARD BROWN,

Auditors.

Hongkong, January 21, 1921.

THE KOWLOON LAND AND BUILDING CO., LTD.

sions” and requesting immediate investi- gation and proper adjustment of the : matter.

SINN FEIN CAMPAIGN.

Loxes. January 25th. A party of police and military were

The attackers dispersed. ambushed in New Birmingham, Co. Tip Perry military, casualties were killed and wounded.

CHINESE FLOUR " PERIL”

The

Lostos, January 95th. The Daily Express gives prominence to what it describes as "péril of the Chinese door, and quotes the statement of a medical man that many of his pati-

NOTICES.

LANE, CRAWFORD & CO. TRAVELLING REQUISITES.

ENGLISH and AMERICAN WARDROBE TRUNKS

CABIN AND HOLD TRUNKS HOLDALLS

KIT BAGS SUIT CASES

ATTACHE CASES

ents are suffering from gastro-enteritis LARGE SELECTIONS-QUALITY ASSURED

due to Chinese four.

Referring to the Statement of the Parliamentary Secretary to the Ministry of Food, in the House of CommTORS, DE November sch, that the Government was satisfied with the quality of wheat from China, the Daily Erpress says that Parlia

The thirty-second report of the Board of Directors to the ordinary meeting of shareholders to be held at the Company's Offices, Victoriament w fobbed of by the denial of Beildings at 12 o'clock noon on Friday, February 4, 1921, is as follows actual facts. Strong complaints were Gentlemen. The Directors now submit to you a statement of the made that the four abounded in weevils demned as unit for human consumption affairs of the Company and balance sheet for the year ending December 31, and maggots, and 30.000 bags were con The net profits for the year amount to $15,612.88 which, with $1,323.28 and disposed of to textile manufacturers. balance brought forward from last year gives an amount available for

1920.

In accordance with the Articles of Association the Hon. Mr. P. Hob-division of $17,935.56. son Holyoak and Mr. W. E. Clarke retire from the Board by rotation, but being eligible, offer themselves for re-election."

The accounts have been audited by Mr. C Bernard Brown, A.C.A., and Mr. A. R. Lowe, FCA, who being eligible offer themselves for re- election as auditors for 1921,

Hongkong, January 21, 1921.

. E. V. D. Parr,

Chairman.

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDING

DECEMBER 31, 1920...

DEBIT.

It is proposed to pay a dividend of $2.90 per share absorbing $17,400.00

and to carry forward the balance $555.56 to a new account.

DIRECTORS.

Mr. John Rodger having returned to the Colony resumed his seat on the Board, Mr. G. W. Barton retiring.

Mr. T. F. Hough having resigned on leaving the Colony, the Rer. Father L Robert has been appointed to fill the vacancy. This appoint- ment now requires confirmation. "

Mr. J. Rodger and the Rev. Father L Robert new retire by rotation and being eligible offer themselves for re-election.

AUDITORS.

"The Accounts have been audited by Mr. H. Percy Smith who now

To Amount paid for repairs to steamers, wharves and lighter $127,387.58 retires and offers himself for re-election.

Directors' and Auditors' Fees ......

share on 80,000 share ----$ 80,000.00

9,600.00

Balance available for appropriation:-

Interim Dividend of $1.00 per

Final Dividend of $1.00 per

share on 80,000 shares

80,000.00

Bonus of $0.75 per share on

80,000 shares

60,000.00

-$ 220,000.00

Transfer to Equalization of Dividend Fund... Transfer to Special Repairs Fund.......

40,000.00 5,000,00

20,000.00

Transfer to Floating Staff Pension Fund

£10,000.00 @ ex 3 23'16

62.847.79

Bonus to Office Staff.

4.074.00

To be carried forward to New Account-

21,224 13

373,145.92

Write off book values of steamers and

wharves ....==

21

T. E. PEARCE, Chairman.

Hongkong, January 19, 1921.

BALANCE SHEET DECEMBER 31, 1920.

LIABILITIES.

Nominal Capital 6,000 Shares at $50 per share Issued Capital 6,000 Shares, at $30.00 per share... Accounts Payable ..................................

Dividends Outstanding ................

Frofit and Loss account:-

Balance from 1919 account Profit for 1920

300,000.00

180,000.00 1.014.89 1.103.20

$ 1,323.28 16,612.28

17,935.56

$ 200,053,65

TO-DAY'S ADVERTISEMENTS.

WAN

WANTED

WANTED the Lovers of SPORTS to know that the representative

of MESSES, ROSE & Co., in staying in Ashai Kvan Hotel, 38, 39, Praya East

* Phone No. 3429. Samples of Fort balls, Tennis Rackets, etc, can be

any time between I to PM.

Been al

PUBLIC AUCTIONS.

THE Enderigued bare received in. strections to sell by Public Auction FROM ACCOUNT OF YEL CONCZENID},

по

MODERATE PRICES.

"BABY" GRAND PIANOS

JUST UNPACKED

"BROAD WOOD

FROM

25

LONDON.

BOSTON.

&

CHICKERING"

THE

The Anest in the World.

ANDERSON MUSIC CO., LTD.

16, DES VŒŒUX ROAD.

TEL. MI

CREDIT.

By Amount trought forward from last Account

Net Earnings of Steamers

Jacome from Investments

·Transfer Fees momen

Difference between book value and amount realized by

sale of lighter "Wolee" and ths of lighter "Sunles.". Transfer from Investment Fluctuation Account

$510,133.50 Cost of Property

Cash in Hand

Cash at cal

22,576.75 Cash at Bark

343,353.47

91,103.28 Accounts Receivable

150.00

2,950.00

50,000.00

Advertising.. ...Repairs

BALANCE SHEET, DECEMBER 31, 1920.

LIABILITIES.

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

$510,133.50 To Charges

ASSETS.

PROFIT AND LOSS ACCOUNT. DEBIT.

..Fire Insurance .....

Crown Rent

Commission to Agents

Directors' Fees

Anditor's Fees Balance

"

Up... Insurance and Underwriting Account, as per

$1,200,000.00

last account....

$427,085.42

Amount added during 1920

7,940.00

435,025.42

Depreciation Fund, as per last account

" 150,000.00

Equalization of Dividend Fund, as per last account Amount transferred from Profit and Los5

account for 1919....

78,000.00

25,000.00

By Rent.....

Investment Fluctuation Account, as

95,000.00

Interest ....

*

per last account.$38,70231

"Increase 12 months to date...........

13

Scrip Fees

120,560,65

Less transferred to Profit and Loss account

159,262.97 50,000.00

109,262,97

Special Repairs Ford, as, per last

T. E. PEARCE,

account

$'

307.55

Amount transferred from Profit and

Loss account for 1919. 20,000.00

Less disbursements to date n

20,307.55 20,000,00

Unclaimed Dividends............

Sundry CreditórTB

e

Proft and Loss Account ....

373,145.92 80,000.00

Less Interim Dividend paid August 1920

ASSETS.

Steamers "Honam," "Henngshan," "Sui An," Sui Tai," and ths "Kinshan," as per last account

Less written off for 1919 Lighters “Sunlee" and "Wolce" as per last

$ 766,500.00 24,000.00

$742,500.00

account

1,250.00

Less written off for 1919

500,00

2

३।

750.00

Less Book value "Woolee".

and ths "Sumlee" sold ...

50.00

700.00

Wharves and Moorings as per last

account.NETEEN

Additions during 1920 ........

152,750.00 550.94

153.310.94

Less written off for 1919-........

15.500.00

137,810.94

307.55 2,771.05

J. RODGER,

$ 183,752.96 * 10,000.00

508.49

3,507.95

4,016.45 2,284 25

$ 200,063.65

TUESDAY,

February 1, 1991, commencing at 2.30 pm, at their Sales Rooms, No. 8, Des Vaux Boad, Corner of Ice House Street, TEAKWOOD AND BLACKWOOD FURNI FORE, BRASS AND TRAXWOOD Twm BEDSTEADS. BRASS-MOUNTED BEDSTEADS, CARPETS......

comprising:-

Cheerfeld Sofas, Arm-chair (n>w), Folding Card and Docasional Tables, Cha pholstered Suite, Bedroom Furniture comprising Teakwood Twin Bdazaads, large and !small Wardrobes, Droming Tables, and Chairs, Wash. standa, ka, tamed Teakwood), Side/ boards, Dinner Wasson, Extension Dia. ig Fables and Chien, de, Diener services, Crockery, and Base Wares Cooking Stoves, Catlery, Arms Bath Room Stendis, Electro-Plated สีเส Clestre Reading Lamps, Teakwood Screens, Sundry Blackwood Furniture, Aide Tabice, Chairs, Cabinets, Fictures,

4150

Several lots Tennis Balls, Que Royal

283.60 96.95 4.929.44 442.00 786.00 1,733,62 500.00 50,00 16,612.28

&C.

$

25,433.89

"CREDIT.

25,226.00 199.89 8.00

25,433.89

MOWBRAY S. NORTHCOTE, Secretary to the Hongkong Land In- vestment and Agency Co., Ltd. Agents for the Kowloon Land

and Building Co., Ltd.

I report that, I have audited the above balance sheet with the book

and vouchers of the Company and that in my opinioni such balance sheet is properly drawn up so as to exhibit a true and correct view of the state of the Company's affairs at December 31, 1920, according to the best of 161,187.12 my information and the explanations given me and as shown by the

books of the Company.

293,145.92

$2446,700.93

I have obtained all the information and explanations I have required.

H. PERCY SMITH, -F.C.A., Auditor.

Hongkong, January 19, 1921.

WIRELESS FEAT.

MUSIC PLAYED IN U.S.A

HEARD IN SCOTLAND.

Benzie, of Peterculter,and,, Mr. George Miller, of Mile End Avenue, Aberdeen, arranged a further test with Mr. Harold Robinson of Keyport, Kew Jersey-

At the hour fixed, Mr.Miller found himself in direct communication A second wireless telephone test with New Jersey, and says that he between U.S.A. and Scotland is stated distinctly heard the gramophone to have confirmed the success claimed playing the band selections, "The for a first experiment when tunes Moon bath raised her lamp above" played on a gramophone in New and El Capitan March, and the Smile Awhile." Following Jersey are stated to have been dis song tinctly heard in Aberdeen.

this came & cheery voicê. "Hallo,! When it was first reported that a Hallo! I hope you have heard me feat of this kind had been accompll-! all right. -Good-bye." Aberdeen wire. ched doubts wire expressed in sose, less men we confident that the meas...

Accordingly Mr. G: W. ages were authentic. quarters.

Superb (English made)

Bicycle 3 Speed Gear. (Fall Particulara from Catalogue). Term-Chah.

HUGHES & HOUGE, Aucklanders. Hongkong. January 26, 1921.

(ros' ADCOVER OF THE CONCRETED), Ox

TUESDAY,

February 1, 1921, commencing at 2.30 -p...et their Sales Booms, No &

Des Voeux Road, Corner of

Ice Eoza Stræet.

AN ARBORTHEST OF Household Liäens, &c.,

Comprising:

Pillow Cases. Fine quality Blankets, White Satin Quila, "Bed Valances, Damask Table Cloths, Turkish Towels, Bath Towels, Bath Sheets, Double Bed Sheets, Dawnwork Bedspreads, Table Covers, Crochet and Drawnwork Doilies, Linen Damask Serviettes,

A few lots of Bellow Valises and Bait.

Caser

Three Paire Binoculars, &c. (Fal Particolars from Catalogne), - Terms :-Cash,

HUGHES & HOUGH," Auctioneers. Hongkong, January 16, 1921..

CURE THAT COUGH. THEN you have a troubiname

cough, it does not mean that you have consumption or that you are going to have it, but it does mean that your langs are threatened, and it is just. as well to be on the sale side and take Chamberlain's Cough Remedy kefure it latoon. -For-made by all Chemists and Storekeepers

FINE SELECTION OF GOODS SUITABLE FOR

PRESENTS.

CUTEX SETS MANICURE SETS COLGATE'S GIFT BOXES

Including

COTY'S & HOUBIGANT'S PERFUMERY HAIR BRUSHES & COMBS PIPES & VACUUM FLASKS Etc..

Etc. At Moderate Prices. COLONIAL DISPENSARY,

Tel No.1977.

14 Queen's Road Central, Hongking.

THE "BON TON" LTD.

37, Queen's Road, Central.

JUST ARRIVED;

An odd assortment of Ladies' Eats of the latest French styles and make, no duplicates of any style.

T

Also Evening Dress, excellent Overcoatings and Costume Materials and Trimmings, etc.

The universal popular BONTON Corsets.

TANSAN

froms

received the highest award

A GOLD MEDAL

a committee of critical judges at the

Anglo-Japanese Exhibition

which, testifies to its excellency and purity."

Beware of bogar imitations. No Tansani

unless the label bears the name “of

J. CLIFFORD-WILKINSON.

Unrivalled as a drink, Mixes well with Wines, Spizite or

Tangan" is the spirit and excites unguine antic

even mi a'flagon of wine exhilarated the monks of ald.

For the good old friar of orders grey

Would have waived the flagon of wins away

And candled him lisa an toàn thế

With babbling, sparkling, cool Tansan

Tansan, can be obtained at all árt clam Hotels, Bars and Chile in the Far E

BOLE AGENT8:-

GANDE, PRICE & CO.,

LTD

SUKICE KRAD - CRITE