8
THE
ASSOCIATED BRASS AND COPPER MANUFACTURERS ✪☛ GREAT BRITAIN
EVERYTHING
IN
BRASS OR COPPER
Sole Agents :
ARNHOLD BROTHERS & Co., Ltd.
OHINA & HONGKONG.
TO-DAY'S CABLES.
(Reuter's Services to the China Mail)
HOME BOXING.
KID LEWIS DEFEATS TOM GUMMER.
LONDON, February 17.
At Brighton in 20 3-minute rounds, Kid Lewis, Europran middle weight champion, knocked out Tom Gummer, former champion of Britain in the first round. The match was originally fixed for the middle weight cham- poinship of Europe but owing to Gummer boing a pound over weight the championship was not involved.
HOLLAND REJECTS LOCAL OPTION.
THE HAGUE, February 17.
The First Chamber rejected by 18 to 17 votes the local option drink traffic bill.
TRADE WITH CHINA.
AUSTRALIA'S INTEREST.
MELBOURNE, February 17.
The Commonweath Government is sending Senator Bakhap to China to enquire into conditions of trade with Australia.
DOWN STILL FURTHER,
HOME LIVING COSTS FALLING.
LONDON, February 17.
The cost of living is still falling in the United Kingdom. The official figures on February 1 were 85 per cent above the prewar level compared with 92 on January 1.
STINNES LOAN REPORT.
STRONG DUTCH DENIAL.
LONDON, February 17.
An authoritative Dutch source reports that the Stinnes loan offer report is without foundation and points out that on the contrary the Governor of the Dutch Indies bas cancelled as far as possible contract made with Stinnes in 1930,
CANNES RePARATIONS PAYMENTS.
GERMANY'S FOURTH INSTALMENT.
PARIB, February 17. Germany has paid 31 million gold marks, the fourth instalment under the Cannes arrangement.
WHITE AUSTRALIA,
CALL TO LABOUR.
SYDNEY, February 17,
New South Wales Premier, Mr. Dooley in the course of a speech, urge Lab ur very vigorously to combat the suggested introduction of coloured labour into North Australia which had now assumed significance.
مريم
FATHER M GOING OUT FOR A RIDE WITH MR. STRONG
LOOLL AND GENERAL,
THE CHINA MAIL.
The Hongkong Company's motor cosch servian schedule for race week is published in this issue.
All fire and marine insurance
offices will be closed on Monday, Tuesday, Wednesday, and Saturday
next week.
While unloading cargo on board the s.8. "Glymont" yesterday after noon, a coolie was knocked over by Bling of rice bags. He received serious injuries.
TRADE MARK INFRINGED.
"FORMAZONE" LABELS COPIED.
On behalf of Messrs. A. S. Watson
CHINESE FORTUNE,
HIDDEN PLATINUM RECOVERED AFTER 80 YEARS.
Four China-Ah Foo, Chow Lum, years ago were miners prosproting in Ning Paro, nd Boo Koy-who thirty British Columbia, will shortly sail for China, each with a small fortune, as
SATURDAY, FEBRUARY 18, 1922.
DAIRY FARM
CHEESE
NEWS.
the result of the increase in the price DIRECT SHIPMENTS NEWLY RECEIVED.
and Company, Mr. J. D. Stephens asked Magistrate Lindsell this morn ing for permission to withdraw a summons against ' the Connaught Aerated Water C., charging thom
of platinut since the nineties. trade mark, on labels attached to with infringing the complainant's During their wanderings over the bottles of a beverage manufactured mining country in the Tulsmeen district they collected 6lb of platinum by the defondants and marked
which, on breaking camp, they put i "Formazone," the same being the
into a saki bottle and hid it under a complainant's registered trade mark.
Mr. Stephens said that he was makalab of msk. Time separated the has been added to the list of authorizing the application as the result of the four, and they were never able to ed architects, has been deputed to defendants having undertaken to sign roturn to their cache. act on behalf of the Building Au-a document agreeing to destroy all thority in connection with dangerous Formazone" labels in their posses- buildings.
sion, hand over to the complainante
Mr. H. J. Pesroel whose name
A new Public Health and Build- ing Ordinance by-law provides for the destruction of any animal the Colonial Veterinary Surgeon considers 18 suffering from a dangerously in fectious disease.
a
In attempting to cross over the verandah railings from one house to another, yesterday afternoon, Chinese woman missed ber footing and fell into the street, receiving | severe injuries.
A Chinese was removed to the Governm at Civil Hospital yesterday suffering from injures to his right foot, received through a beavy piece of iron falling on it while he was at work at the dock.
To-day's Government Gazette gives the Expor-ors Co-operative Co., Ltd., and the Kwong Yick Cotton Yarn Company Ltd., three months in which to show cause why thy should not be struck off the Register and dissolved.
the machinery used for the printing of the labels, and pay $100 com pensation, and $180 costs of the action.
Mr. M. K. Lo, for the defendants, said that as his clients were well known aerated water manufacturers, it was only fair for him to explain bow they came to use the labels. The labels were clearly printed,
and apparently the only
ΟΙ
objection was the use of the word Formazone." The defendsuts used it, be explained under the impression that the word was only the description of a beverage, like lemonade,"
etc. They did not "ginger ale," know that the word was Messrs. Watson's registered trade mark. To show that there was no guilty intent, the defendants had sold the beverage openly.
Mr. Stephens said that the word was printed in the identical way it appeared on Messrs. Watson's labels, even to the floursh in the "F"Z" and "E."
But meeting again last year in China, they decided to go back to Canada and recover their property, considerable sum of money, platinum which they realised now represented a
having in the meanwbile gone up from 50 centa to 76 dollars an ounce.
The intervening years had wrought many changes in the locality of their former wanderings, but after some difficulty the party found their cathe and recovered the precious bottle, the contents of which they have now sold for over 7,000 dollars.—
COPPER FIND.
"NEARLY ENOUGH TO PAY DEBTS OF FRANCE."
Copper reefs at least 200 and perhaps 600 miles long have been discovered in French Morocco by the American mining engineer, Mr. Frank Gardner, according to a despatch to the Philadelphia Public Ledger.
The average width is 1ft, and the greatest depth of the seams 150ft. A quarter of a million tons of mineral After further discussion, the appliare stated to be lying exposed on the cation was granted.
surface.
Mr. Gardner. with engineers disguised as natives, is busy prospert=" ing Morocco. He estimates the value;
sufficient to pay French war debts.
About 19,800 sq. ft. north of Kowloon Inland Lot No. 756, Corous LATEST SHIPPING NEWS, of the reefs he has found is almost
tion Bond, will be offered for sale at an upset price of $20,400 and an annual rental of $270 at public suction at the offices of the Public Works Department on February 27 at 3 p.m.
ARRIVALS,
Ichang, (B. & 8,) from Shanghai. Ixion, (B. & S.) from Vancouver, Manils. Holts Wharf.
Iyo Maru, (N. Y. K.) from London, Singapore.-A27.
OLEARANCES,
Shanghai papers record the death, which took place at the Victoria Nursing Home Shanghai, on February 7, of Captain James Smith, master of the Indo-China steamer "Suiwo." De- ceased had been ailing for a week and death was not unexpected, Captain Arakan, (J.C.J.L.) for Sourabaya Smith being a sufferer from heart via Batavin.-Feb. 17.
joined the Com Ichang, (B. & S.) for Shanghai.--- disease. He pany thirty years ago as second Feb. 17. mate. As chief offiect and skipper the on many of Ewo Yangtze vessels, he was well-known to Shang- bai and up-river residents, to whom he andeared himself by his sterling qualitica. Capt. Smith was appointed to the Buiwo" in 1919, and had just returned from home leave, resuming command on January 1. A native of Dundee, Scotland, Osptain Smith was 57 years of age, and leaves a widow in Shanghai to whom much sympathy will be extended.
V. R. C.
BILLIARDS CHAMPIONSHIP.
The following is the result of the draw in the Billiard Championship of the Colony
Golden State, (P.M.8.8. Co.) for San Francisco via Shanghai.-Feb. 18. Keystone State, (Admiral Line) for Beattle, via Shanghai.-Feb. 18.
Iyo Maru, (N.Y.K.) for Yokohama, via Shanghai.--Feb. 18.
Kaijo Maru, (0.8.K.) for Keelung, via Swatow.-Feb. 18.
WIFE IN STEERAGE.
AND WHY HER HUSBAND WENT FIRST-CLASS.
When Moses Malomod, a citizen of Danzig, arrived at New York na a first-class passenger in the Danish steamer "Estonia," with a parsport describing him as "accompanied by wife," the immigration officials asked to see her. Ob, she's in the steerage," be replied. Wm., Smith, Lee Wing Iu, E. The officials expressing surprise at Guimaraes, A. Leach, W. Pitt, L. A this conception of the relationship of Osmund, J. Grearson, R. F. da Luz, the sexes, Melomod explained that Andrew Tse, A. G. Pile, S. K. Kwok, he, as a learned man of high intellec- E. L. Barros, P. A. Yvanovich, P.| tual attainments, considered different Wilson, Ng Sze Kwong, W. F. Nos surroundings were necessary for him E. Antonio, W. A. Fennell, Ho Shai compared with his wife, who was not Cheong, G. F. Hae, C. Earnshaw. so gifted.
The above competition will com- mence on Monday, February 27. Preliminary rounds 500 up and to start each evening at 8,30 p.m. Bemi- Final Rounds 750 up and to start each evening at
8 p.m. Final Round (in two sessions) 1,000 up Start at 6,00 p.m.
MAY I LEAVE MY BOOKS HERE UNTIL
I RETURN?
SURE I WON'T TAKE THEM!
As a result of this declaration the officials came to the conclusion that Melomod's ideas were out of harmony with American ideale. The couple were consequently taken to Ellia Island pending an inquiry as to the desirability, of deporting them s
undesirable' aliens.
BRINGING
SHAKESPEARE'S WORKS.
BY GOLLY: I'M GLAD 1.DON'T HAVE TO
·READ THEM- I'D JUST AS SOON READ THE DICTIONARY
UP
UNCLAIMED
TELEGRAMS.
THE GREAT NORTHERN TELE GRAPH COMPANY, LTD.
The following Unclaimed Telegrama are lying bore
Watanabe Co Nipponkan Hotel, from Osaka.
Thureks watouru 9ja Okanokiko No. 18 Kaibogai, from Misami.
Osaken, from Vauka. Bury,Hongkong Clah, from Shanghai. Osborne Morgan Empress Russia from Shanghai.
Moricho Shokagara», from Peaks. Cheungkemwu C/o Manshunwoo No. 29, Des Voeux Road, from Tiantaik.
Hingles West Yingpou Tram Road, from Shanghai.
Manchudnoban 164, Queen's Road, from Amoy.
Singkea, from Shanghai. Leon, from Amoy. Leeyewtong, from Shanghai. Houshiekan Kwongfooksung. from
Yokohama.
1. Wahyik Waiyip, from Yokobama. Wingsingchong, from Yokohama. Youngausong Taitung Hotel, from Amoy,
T'aiserig Co., Shanghwan, Tientsio.
from
T.H. KRING,
Superintendent.
Hongkong, February 18, 1982.
EASTERN EXTENSION AUSTRAL ASIA & CHINA TELEGRAPH CO.
Cityofsimia,
Adelaide Armatour, from Varolla- Ahmis, from Janfrancisco. Aston Passenger 9.8. from Kolambugan.
Carrot, from Haiphong. Charles Dailey, from Chicagoilla. Macgillivray, from Shanghui. Max Boss Keystone Stete, from Manila.
Melbourne Sanders, from Greatbook
ham
Tobyohwats, from Bombay.
H
M. E. FAIREY,
Superintendent. Hongkong, February 10,81932;
FATHER.
:
Edam
Gruyere -
-
Gouda (Fall Cream) Australian Cheddar Picnic (Owa make)
$8 25 per ball.
1.10
Ib.
31
.85 19
D
.85
.50
jar.
་་
THE DAIRY FARM, ICE & COLD STORAGE Co., Ltd.
AT WHITEAWAY'S
FOR RACE WEEK.
WE HAVE IMPORTED FOR THIS WEEK
A SPECIAL CONSIGNMENT OF
LADIES' MILLINERY,
INEXPENSIVE
ELEGANT
DISTINCTIVE,
NO TWO MODELS ALIKE.
INSPECTION CORDIALLY INVITED.
NEW GOODS
IN ALL DEPARTMENTS.
WHITEAWAY, LAIDLAW & CO., LTD.
HONGKONG.
THE STORE OF THE EAST.
"HIS MAJESTY" WILHELM."
EX-KAISER STILL DEALING
IN TITLES,
The Marshal of the ex-Kaiser's Court at Doorn has drawn up a printed circular to send to innumerable persons in Germany who write begging letters to Wilhelm.
DEAD" BOY WAKES UP.
AFTER 17 HOURS AND A¦
DEATH CERTIFICATE. FO
A 12-year-old boy, Bocro Cesa olos of Pizzo, Calabris, after a violent attack of bronchitis, was declared dead by a doctor, who duly signed
the death certificate.
Seventeen hours afterwards, while his mother was giving the boy a last kiss, he suddenly opened his eyes and appeared quite recovered.
He points out that the fund to assist necessitons personas is exhausted and that as only four Datch guldens (normally is. 8d.) can be obtained for à 'hundred German marks (normally In the office of the registrar of £8), and as the cost of living is rising births and deaths, after the name in Holland, there is only sufficient Rooco Cesarolo appear the entries: money to pay for the barest necessities" Died from bronchitis," and next in the ex-Kaiser's household. "His day" Risen from the dead.". Majesty, therefore, is not in a position
to give the financial assistance asked.":
The fishermen of watering places on is greatly delighted by the loyal Gor- Lubeck Bight (between Schleswig and man language of the Baltic seamen Mecklenburg) have sent a loyal greeting, and hopes that their exem telegram to the ex-Kaiser.
plary spirit may prove a blessing to Berlin-To the Lubeck fishermen the nation."
the ex-Kaiser's Count Moltke, adjutant, has telegraphed from Doorn:
"His Majesty the Kaiser and King
1 CAME BACK TO GET YOU, TO GO SHOPPING WITH ME
BUT WHEN I SEE YOU MA
READING SUCH BOOKS -
WON'T DISTURB YOU“
I'M SO HAPPY TO SEE YOU TAKING UP SUCH.
LITERATURE-
2
Count Moltke promises, as a token of thanka, a portrait of the ex-Kaiser on borseback, "with the All Highest'a autograph."
+ BY GOLLY- SHAKESPEARE'
HAS SAVED ME
A BANK ROLL:
P
a
The China Mail.
S
elte
ED
void
BANK EXTRA
HONGKONG SATURDAY, FEBRUARY 18, 1922.
FAR EASTERN TRADE CONDITIONS.
AN IMPORTANT URVEY.
HONGBONG AND SHANGHAI BANK VEḍTING
SOME ADVICE FOR CHINA.
4
to the vitality of foreign site of the disturbed state of ry, end to the certainty of an immense expansion were these ad- Terse funditions removed.
unreliable statistics available, I will refer to political conditions abgorbed on balance Oz.63 millious later on. compared with Oz.98.1/2 millions in In Japan, as elsewhere, overseas 1920. In the budget speech of the trade figures for 1921 allow a very Governor General of Indo China it was considerable falling off as compared dandosed that that Government had with those of 1920. New business
The total salt Teroue paid into purchased Oz. 24. 1/2 millions during imports has been hampered by the
the Group
Group Banks, after deducting ad- The year in the differant markets of still considerable unsold stocks of ministrative expenses, was $77,975,- the world for the purpose of enabling high-priced importa carried over from 000 or a decrease of $1,089,000 | it to resumo specie payments, which 1919 and 1920, although appreciable compared with $79,064,000 in the bas since been done. Our French progress in their liquidation has been year 1920. As a matter of fact the neighbours are to be nongratulated on made during the year.⠀⠀
actual collections, were greater than baving thus arranged their currency. On the export side, raw silkin 1920. but certain extra depart- An important survey of trade and Turning to the Balance Sheet: you and on having carried out the large and wilk goods have found mental expenditures were incurred financial conditions in the Far Rant will observ. thers has hard a con
aporation of truying Oz.24.12 millions good markets to the United States, during the year," Of the total sum of during the past year was made to day | siderable increase in the item of Bank of silver with no little disturbance to but Japanese exports to other cout $77,976,000 some, $18 152,000 were the chairman's spe ch at the 106th | property. My predecessor in this the market. Udoubtedly, however, tries show a heavy decline! due to retained by local authorities includ- ordinary yewly meeting of the Hong Chair foreshadowed this
this extra demand was the mais various causes of which high manu- ing those in Kwangtung, Szechuan, koup and Shanghai Banking Forura Since we met last year, new offices factor which kept the market steady facturing costs are not the Inst, and Yurman and Hunan tion held in the City Bail at muutt have been completed and o picduring the summer and autuinn funless same can be very considerably
Mr G. T. M. Elkins provided and at Canton, Manila, Banglad
reduced, the prospects of an early im- there were preeni Bir Hay Mr. E V. and Sungei Patani, white
The Indian Government has silver provement in the expore trade of the D. Parr, the Hau Mr. A 41, Lang (lice and the additions to Head Office ves of about 74 crores of Rupees Country are not very bright. and Messr. W. L. Pattenbe, J. A. are on the point of completion au should therefore be out of the In the Straits the disastrous slump Plaur. . M. Dowell 11. P.Seven dwelong bonuses for the Staff at White und D 42. M. Pavoned phree Menampare and Penang were tors), the ilm Mr. A. G. Stephen completed. Fuiding operations are (chief manng) Mr. A. 11. Barlow new in progresa at Shan : Calcuits Jubore and Colombo (umunger) and the closing share Singapore.
alra.
Arthough the total cont will be rather formidable, Your Direc
The Bon Ste C. P. Chater C. MG, Sir Elae Kadoorie, Mos. F. M. La-tors frentz Mr- Lennox Patter, Mis Elizabeth Addie Hon. Mr. II E Po lock, Hon. Mr. H. W. Bird, Pere Ru hort, and Messrs. V. M. Grayburn,
I
increase.
renmontas.
Harbin
market for many years The thin their two principal products, tin almediate future of silver depends on the and rubber, has bad effects that are
requirements of China and of the only too notorious, bin, the Govern Indian bazaar -both very uncertainment and the Merchauts are handling factors.
the situation courageously and we have no doubt whatever but that these two industries will soon adjust themselves to the new conditions.
The United States Government ja steadily carrying out the forms of the Pitmu Act. Up to the middle of
After that
are convinced that the policy of providing ample accommodation t December their parobases of CHINA'S POLITICS AND FINANCE
the fetus requirements of our domestic silver amounted to sins is a sound
At the same (12.84 800 (80) out of the total ofditions in China during 1921 1m
Of the political and financial con thanks to the purchases made Oz 208 000.000 required bythat Act. If afraid it can only be said that they Chung Wan, Chong Man Bag Plogy the GBank in the curlier years of its they continue to progress at this rate, have grown steadily, won. The Kong Un A. W. Swith. J. II. Taggart. History, it is now possessed of property it will take n! ten years from now reckless and improvident poliey of
of immense value in the principal to complete the petardin A. D. Ger. A. V. Apear, H. M. II Nemszre, H. A Dastur, Mok Konports of Asia. Sang, Muk Man Chee Toi Kane Po
Meana bile we propose to all Ho Kom Tong ito Fook, Loch-ung] $1 million from the year's rufite tots as silver produced elsewhere. credit the Peking Government, he etuply treasury and an exhausted WeThere should then be an over- beer unable to meet the servie...ol year abundance of the metal, and it is very publicly issued foreign loans. conclud.
ikely the Governments, including our
years, without the own, whì h have abandoned the old safeguards in respect to security silver currencies for unsightly sub-which were wisely regarded as in stitutes, will regret their action.
[
writing dows property B C.
forwurd
to next
cary
$3,331 778 59 compared $3,291,491.69 a year ago.
Shiu, Chau Sin R, 9. H. Potis, J. M. de Castro Basto, R. M. Dyer. M. Manuk. P. Tister Lo Cheung Jp, A S. Ellis, Chow Ngun Ting, 1 Ellis A. M. Bowes Smith, C. A. da Roza, Ho Wing, 4 F. Grone, A. P. Sany, Lo Ma Hin F. Smyth, CE. II. Basis, K. Hanouk, P Bevington, A Denison . Chinable GW. Barton 1. Duular. Chan Sha Ming. A B. Stewart, J. Bell Irving, T. W. Hil, C. A. Hooper 13 Lewis Fong Lang, j razy. IRL wig in B. Denuet:,
F.
with
With regard to the other figures the rate of exchange at which the Sterling equivalents of our Silv assets and fiabilities, and vice verso is calculated, is 2 7 aga net 3 2 at the end of 1920 90 comparisons with
previous years are not altogether
The
outstanding features
Shenton G. P. Lammert, C. G. Billa. There Buctuations Adurus, 6). C. Moxon, J. R. Kinghoruz, | eloquent of the great
M
the domestic production of the US fruits; and, for the first time, with an the past is now bearing its inevitable will coas on the market on the same
ed in recent
Trads and the money markets all enable in the past. The total over the world are still to a state of debt of China, internal and external disorganisation, but there se encour
taking the £1 at an exchange of $7 50, aging signs that a more rational mood
is estimated to
|
The collection of duty by the Department in the "Swatow area, which Was voluntarily discontinued in Janda 1919; owing to the intro- duction objectionable monopoliss by the Cantoo, anthorities was re- sumed with "Effect" from the let November 1921, but the revenus is retained by the Canton authorities as in the rest of the prafiâce.
The actual amount released for the gépeial purpose of the "Chinese Gov- fornment during the year amounted to
$51,981,000 as compared
with $40,108,00 in 1920.
the fall in exchtige, the Reserve, for Owing to the financial position and
the Service of the Reorganisation Loan in the Group Banke was increased during the year from $6,000,000 to $7,000,000.
We have heard a great deal about justice for Chiha
and the restoration of sovereign rights"
is beginning to prevail ninong word ers, and the British Government at last appare to be contemplating taking drastic steps towards ecovo- mes in adminstration. We should therefore, within a reasonable time of pay due to government departments modern needs of defence and the
to which her place among the pations entitles her, and we must. all of us sympathise with these natural and legitimate aspirations but, before she can convincingly press these claims, China must first do justice to herself and to the patient be not and industrions makes who bave less than $1,800,000,000 of which silently suffered übder the misgovera; $364,000,000 is for the most part. ment of the past few years. Let her leaders abandon political rivalries, entirely unsecured. Of thi latt and unite the country, under one figure, $216,000,000 representa foreiga
government, reduce her army to an deb, aud. $148,000,000 debts, to native hanks and individuals, arrears efficient force commensurate with the
maintenance of internal order, and introduce reform and honesty into
and
R. Brue. W san Epe, D. 1. de resse, in Bills Payable Accept
srid Races Constituents
Bills Cooper Ho Le ing. J. McArthur, S. M. Churn, M. 4. Northeute T. E. Pearce, Receivable and an increase in Ster E. J. Chapman W. L Lusk, G. B. ing investments--which increase, reach a healthier condition of affairs Layton, 8. 11. Dutton 11. V. Steaven- apart from new investments the than prevailed during the year- im-
the like. The salt, even Fon. K. M. Raymond. P. V. Botelha, Sterling Reserve, is mainly in short
surplus available after providing for mediately following the Great P. K Kwok T. S. Farreet, W. E. L. įdaro British Government Trea-F War. The London Money Barket the loans directly secured on the salt beradministration and China will tevenue, has been pledged for some of then not need to press for recognition ale now about normal. A great
of her claime, Such recognition will falling number of home and Cole Bial loans $74,000,000, a sum representing.ather foreigh friends will always be st
these obligations to the extent of.
e spontaneous, and the assistance of EM. Irench F. M. Wood, F. K. J IF OF Overbrau trade, which have recently been successfully least Adams, H Hai co k E. L. Som, J. F.statistics from all parts of theted them.
18 months of the average her command on terms consistent ; In the months of world undiesto is 35 to 50%, Felow the Noveer and December £80 millions which, in the present disorganised with the consideration due to the
surplas available in Lormal times, J. ph FC Ball and Dr. J. IL
with her national self-respect, and Banders.
Agare of 1920, The figures of our sterling of new issues were placed state of the country, in almost the sole, Bills of Bachmage is haud and re- It looks certain that all Government
susceptibilities of a great people. discounted faithfully reflect this. We restrictions will soon be removed, and can look to for its current administra- source which the Peking Government may have to wait some months beforetha London will be free to alltive expenses. The country is we can fully employ that part of our borrowers and will resume its place usstill being forced, by the exactions of be expected to refer to is the Con- One other matter I may possibly res carers which is temporarily held in the unquestioned, chief financial political and military rivalries, to sortium, I have little to add to what Trasury Bille, but I think we
CHAIRMAN'S SPEECH.
NET PRUIT $10.821,295 12.
the notice convening the meeting.
The Chairman said:
Ludies and Gentlemen: The Re- port and Statement of Accounts
having been in your hands for some time, I will follow the usual procedure
and take Uetu na rend.
to mention here that when China
that London will be able to absorb as
1
THE CONSORTIUM.
After the Chef Manager bad read have good reason to expect that the /contre of the world In this conDEC contiune the struggle of maintaining my predecessor said in some detail at
tion it is gratifying to record an or attempting to maintain, a stand the last Meeting gradual improvement in trade will i son enable us to find a better use of compared with gold of nearly 19% combined armies of all the other have furnished, the press of the Far appreciation of the pound sterling ing ariny, exceeding in numbers the In the interval Consortium nattera these resources thun Treasury Bills.
On the other hand, local business in during 1921. It may be appropriate powers who have recently been sitting East with a good deal of copy and the East has bem prosperous; local again appears in the foreign markets diss moment. The constant demands somewhat unnecessary explanations of in conference for the discussion of there have, apnence reiterated and Companies generady have done well as a large borrower, which must be on the two government baul for its sims and obje Our Silver deposits have increased
These are, and considerably, as bave our Bille Dis-ooner or later, it is absolutely sure funds with which to meet the ove
large a share of Chinese finance and depleted their reserves to an extent
pressing needs of the bhliteristys Jeep from the first, entirely obvious every intelligent Chinese on aa favourable terms as can be which recently seriously threaten ng
should require obtained elsewhere.
and in my ed the solvency of their northern opinion, unnecessary and gratuitous branches,, The same is true of every
possibly do nothing. The external trade of China and tion is at a standstill for lack of fupus, suspicion and
branch of the admistra non educa
mosphere of all other Eastern Countries has suffer- railways have been depleted of their circles.
strust in Chinese ed in common with the rest of the revenues to satisfy the general, heed world, and the year has been an unand are unable to most
ara: s convinced as ever of the mestay necessity is present circumstances of profitable apo for most merchants
tient
of their contracts for
I am glad to announce that the new ister of shares was readily subscribed the premis on them viz: 2200000 and $690,281,71, were brought into the accounts during the closing mulls of the pear. thik the cisionssue these shares at £70 has been amply justified by
the result,
The statement shows a net profit for the year of $10 821.295.42 com- pared with $8.841.160 30 for 1920.
counted, Loans and Credits, and there has been a good demand for current Incally involving a considerable in crease in our uóle isane.
Net profits are $1,080 129 12 in ess of t..ose of a year ago. Apart trom the carnings of the New Capital three factors have helped towarda this favourable result; one 1 have already mentioned, vía:
CHINA TRADE,
public
elu ide
explan
prente
the fact that no inroads on the engaged in it. Very large losses have materials, and the Ministry of Com-finan In June we made a interim dis-profits have been necessary for been realized on the expensive import munications, which was once the tribution of £ r share, and, cubject writing down our securities, another is goods ordered in 1919, but it is wealthiest of all the government
gratifying to know that these have departments, is now as straitened for particular beso in a large measure. liquidated, funds as the rest. In striking con- recours "pecially in North China and that trast to this financial confpajun stand o new and profitable business has been year. During the first half we were considerably in ovidence in recent out the older foreign leans coured da
to your approval, wo propose to dis- tribute a final videod of £3 and bonus of £2 por share on the old shares and a corresponding dividend and bonus on the new shares, viz: £2.5/- and 16,-.
the activity in incal trade in the East the third and most important is that the full elicet of the slump in trade was not felt till the second half of the
apon specific revennes, admired
duotive
Co-operation in Chinese.. wowy We believe we are. best interest pt the Chinese faction and by preventing declining to support any
ther recklessness in
capital for unpre
In the words of the Resolution
still deriving benefit from the enor months Hongkong, although satis ander foreign supervision; thoy ufford adopted at the Washington Con- I am sure you approve of the nious trade of 1920. We have had to factory progress has been made in the proof of the value of xucheupervision, forence, China, must be provided with policy we propose to continue, viz; contend with constantly varying liquidation of old stock; has not been and si intilention of the only lines on the fullest and most unembarrassed the strengthening of the Silver world exchanges, but out oporations quite so furtunatu. Our very im which Ching sau regovor her credit opportunity to develop and maintain Reserve, and we have allotted to that have been fortunate and otherwise portant market-Kwings, has been snel finnudist atallity: China in fact for herself an effective and stable Reserve $1 369.718.29 from the year's the gaining power of the Bank rests in a disturbed condition during those han, no justification for bot paying profits and $630,281.71 from the ou very solid foundations. All losses of the year, and is still suffering exten
deado and order,
Fonnable of huisom ox
and
premium on the new shares, making that have been ascertained or anti-sively from heigandage and piracy as hat debt ng country with the the Silver Reserve $23,500,000
ources cipated have been amply provided for is in a lesser degree our neighbourhonigral Gift edged rebusities in which part out of the year's earnings.
pop,lation of Chinn, and with Kwangtung. The Authorities of Niese nation) dubt of only $1.60.or of our rezervos are invested, have We have again
to record two spravitices have qur best wishes shilfegs a bead sucule place itself shown considerable appreciation dur our appreciation of the realous for sucss in their efforts to restore the position of being called insolvent ing the year. The market value of and, loyal sorvies of the stall our Gold investmonts now shows for the Chin Manager downwards Revestig to North China the On the contrare. Ulinn'd orsul handsonte Airphic over the value at which servico, in view of the difficult cotton Industry: quutinths to make which fly stand in our books No year we have passed through, spoolally rapid, str.dos. It ie ost thut Provision Er dupreciation has there merits, youir, ručngnition, and I am over 2 millin studies and t
foro Daun hookmary on this occasion, surpYou will heartily ap wove of our are in operation, and it is cart Our profits have suffered, in gomman aution in awarding thera, a moderate with those of overy, British Juintang of 15%. their anlaties, Stock Dunk, for some yeara pint Icon BELVER MET the deprecia@on of tiga dilgud Tho silver junku duyu godurities, which are kingdesta hup, dinas not been «från fram/
as time goes on. Oura supply a great imunos requirements for thu Bourser
yar dotk
meantime the Consortium.
to give the most cordial and ismatande to China wherever
todo
*
P:
busing but i think use)
the considerable margins wa now
fo hand, thörs are w
for hope. BabwUTOA
Imat of tlions muloy.
a
P
P:
HONGKONG & SHANG JAT BANK MEETING.
(Continued from Pront Page.)
HONGPONG,
on the cessation of her present: sai- aidal policy she will speedily regain the confidence and goodwill of her foreign friends.
I am in entire agreement with the Chairman's remarks about the Consortium, and regret that it opinion to pronounce how soon the has not been possible for it to. knowledge and resourse of the Con-make a commencement with its func sortium are to be utilised for the tions. To the man in the street it country's good. If it should be de- would appear that it has not been cided that any autonomous province handled out here in a very judicious or group of provinces should be en- manner. We have been interested in titled to invoke the aid which it has Chinese loans for over forty years hitherto been the principle of the and the
bas boon Consortium to withhold from a divid- instrumental in patting through ed country, the question might then
a large amount of business 07 come up for consideration whether in terms satisfactory to the Chinese such circumstances it might not be and to the public, and we possible to devise means to resume have hitherto been unaccustomed work on and complete as separate to the glaring publicity which bas undertakings the Alors clamant demands for railway construction in China and to raise Chinese as well as foreign capital for that purpose.
SIR PAUL CHATER'S SPEECH.
CONSORTIUM'S METHODS CRITICISED.
The Chairman's resolution that the rej ort and accounts should be adopted was seconded by Sir Paul Chater who said:
Mr. Chairman, Ladies and Gentle- |
med-
Bank
been in evidence in the affairs of this new Consortium. In this publicity it, appears to me that there has been displayed a lack of knowledge of Chinese affaire and Chinese mentality and, as the Chairman has said, no other ellect has been produced by this policy except suspicion and distrast among Chinese circles.
I now beg to second the adoption of the Report and Accounta
The Chairman was not asked any questions and the resolution was carried unanimously.
On the motion of Mr. Lo Chung Wan, esconde by Mr. F. C. Hall.
SATURDAY,
FEBRUARY 18/1922.
MARKET PRODUCE IN HONGKONG,
Best Birloin,- Met Lang'... th.
Prime Co ..
***
2
Corned,--Ban Ngao Yak. „ ft.blo
+7
4
Brand, Ngna' Nam
conp,Tong Yuk
Stosk,-Ngap Yak Pe
・
יד
30
Steak Stripin,-Ngan Lau, Banergis, → Ngan Übenng 3'nek's Bratus,-Neud No por net 19
Mation Chop, -Yeung Pel Kwat lb. <4
Lag. —Young Pol ...
E
++
In August 1912 I had the honour Messrs. D. G. M. Bernard and H. P. to second the adoption of the Report White were confirmed in their appoint- presented to the 94th Ordinary Helfment as directors and the Hon. Mr.. Yearly General Meeting of this Bank, A. O. Lang, and Messrs. G. T. M. and it affords me very great pleasure Edkins and A. S. Gubbay were re to have the privilege of doing so elected as directors.
Mr. F. Maitland and Mr. E. A. M.Pk again at this our one hundred and
ixth Metting. The Profits on that! Williams were re-elected as auditors ocession amounted to $2,915,919.73 for the year on the motion of Mr. G. for the half year. while to day they W. Bartou, seconded by Mr. H. B. L. reach the raagnificent. total of Dowbiggin. $10,821,255 42
year-a sufficient evidence I think, Gentlemen, of the steady progress and prosperity of our Institution.
for
the
The publication of the Annual Report of the Hongkong and Shang hai Banking Curporation, and still more of the Chairman's speech there. on, in an event awaited with eager expectation not alone by the share holders and the public resident in the Colony, but I think I may say without cxaggeration by the whole financial world.
has been OUT Food fortune for many years paat to find therein material for very pleasant reading, and in all our history perhaps Done more pleasant than that now be fore us, with its net Profit for the year standing at so handsome a figure a figure which deserved without stint our heartiest congratulations to the Court of Directors, the Chief Manager, Managers of every individual member of our staff, and I am sure we all heartily concur in the proposed Bonus to Stuff.
I am sure you will all agree with our Chairman in his statement that the decision to issue new Capital was a wise one and has been amply justifi ed by the result, particularly as the isage was made at a very reasor able price and that thereby the Bank has brought its resources t a figure that compares most favourably with the greatest Banks of the world. The allocation of the premium derived therefrom to Sterling Reserve is, I think, sound policy, while it in eminently satisfactory to provision for note depreciation of Sterling and other Gold securities has been necessary and that in spite of the continued dullness of overseas trade, our net Profite bulk so large.
that
10
EXTRAORDINARY GENERAL
MEETING.
AMENDING ORDINANCE BANOTIONED.
"
י
122 897 * * 22 **** ;
Heart-Yeung Yum .. Bach 10
Klá 4k, -.. Vaig Yin sach 20 Tv-Yeaug Ko... lb. Packing fi
"
**PRABR.
20
09
སྐ ་ བོ སྒྱུ : སྶམཚོ།
*******
BÆTATE PRICES
Chicken)-Ke Ta
++
M
*
鮮
*
20
* *
17
DACI "
... ib
曲
**40
******
20
8 212
ཋ:སྐྲ:--༠:
Butcher Meat.
Poultry.
Feb. 1, June
1988.
June(
101.
1914.
Feb. 15,
Jun
Jane
Uts
Ca
OKA.
1928.
1018.
1914.
30
24
12
Obe.
Ots.
1
90
24
12
60
**
23
90
Orpone, Ball,- -Sto Kat
58
飘
"
EA
24
85
* Vapons, Largė,--bit Hal
H+ 1+
60
98
22
20
18
Daok.-- Ap
IM
88
17
24
獸
18
VOTOR,-- Pay Kan
h
90
24
92
44
30
36
Eggs, Bon,-i Tan (cooking) par dne 18 Hgge, He, Kat Tan (treah)...par Äöm. 36
18
26
24
Fowla, Canton,-Kal
lb.
BO
38
10
F
Tongue, fresh,-Ngau El esah 6') Paugno, corned.--Ram Nguo Lt
each 70 vez Hend,Nano Tau... ech 1.00
Heard,-Ngwa Sam... lb. 15 21 stop, Salt-rau Kin „, Boot-Ngan Kenk...sach Kidneys,Ngan Yto --Ngan Mel Livik,—Nan Kou... Ib. 15 Trip (andreaved), Ngan To lb. 8 Calves' Head and Feet-Nguo-taul-
bau-kouk
LO
Fowls, Hainan, Hol Nao Katy Gens-go
4.5
18
40
Pigeons, Canton,-Pak Kap...each
Hothow,-Bol Hau Pat Kap
1.00
1.20
13
14
TH
cach Turkaye, Oock.-Po Kal Kung lb. 80 Turkoys, Hon-Fa En Na
60
60
***
*
üb
12
10
12
Salpe, --Sha Twal... ...
*** saob
23
18
10
12
Phengan Shen Kai...
++
1.10
"
20
90
22
Quell-On Chun
13
14
Fartridges,Cho Ku
**
7
Fruits.
set 1.20
1.00
1.00
28
-44
26
*
IR 15
Tumulder.--Young Shat
4(1
24
24
Almonds,-Hang Yan ... .. Ib os Apples, (California),-Kam Shan
Ping Fo
ST
"
Saddle, --Yonug On Yak
44
18
g's Chishugs, ha Chang
фо
28
25
27
Bansosa, (brida'a), Mreno,—dam Heang Okin On,ambola,-Yoang To
ด
*
Braloe,-Cha No...... per et J c'art,-chu Kook ...
12
12
-R
ib. 24
ID
Fry,-Chu Champ
ID
18
Bead,Oho Tau
26
20
Decoenata, Ya The ... Lemons, China,-Ling Mung., ib. 10 Lemoos, (Amerfox), – Ram Shir
14. anch I!
10
7
***
Ling Mang... bao là
&
Fleart,-Dhu Suas
Ktneybu Yio...
A h 16 nah Ju
10
10
Diabene, Dried, (smal) stone),-
10
Lai Chi Kon Ib.
40
20
No
lver, Oba Kou
24
Orangos, (Osoton). Swank
80
10
Ohop, ---/h. Pμm wa Yog.-Chu Pel...
46
23
*+
Than-shopu Tim Chang Ib.
#
2N
27
Oranges, Tim Chung...
20
16
Lotu,-Ohn Hao Tor Fat or lard,-Übu Yan... *quatc» Hes and Feet, 1
* Konk...
26
28
--
"
**
'
21
Pears, (Cati Clug, ~bs ul Peaute, Fa Shank...
18
+
10
0%
...BUL
Persimmons, Large,-Hung Toe
J
"
76
80
70
Plantain,—Taf Chłu
8
01
門
12
Pamelo, diam,-talon Lo Yan ...osch 15 Waloube-Hop To Grapes,-Po Tai The
19
++
... b, zo
14
tordur, bo Taat,, Busty Beef, Shang Ngao Yan
M -Chang Young Yeo Yel-Year Dad Yak...
Записима
14
24
20
18
44
$6
: | 21
20
дня Т-1 Cheung 82 No. 1... Ib. 20
ទេ
Fish.
... lb.
22
19
34
"1
www
IM +1
30
90
10
Aol fr To
32
18
+
16
2 24
18
27
Kat Trol (Shanghai)-Fe Tool ...
77
1
78
12
98
90
20
38
23
28
Ovos Shoots, bauch, —Kau ‘Shurn',, Cauliflower (Large), ----Ya Taol Fa mob 15
(Medium), (Small),
18
13
腰
+
H
13
20
10
FM4 預
45
98
25
***
***
14
10
A
10
10
B
Colary Chinese, -Tỡng Kan Trol A Obilios, Drted Boss List Chia
+
30
24
16
10
Frosh water,--Tam Shot Ya,
39
20
18
Red,-Hung Fa Ohlu........... 21 21 Green-Ching Lab Ohto.. 19 Query Staff, English,-Kà Lê Chu Lo
Yellow —Wong Blo
Tin Hat...
45
28
3:0
+
10
22
45
40
20
1b, 10 Oucumbers, --Ching Kwa ..'.......mach 4 Garlic, Bua Tan
Ib. 8
10
$
8
*
**
14
18
15
Onger raig..
Sm Tue Kereg a
7
28
23
18
**
12 All-Chennų Kran Bayon Labris, – Wong Fa Ya
Ginger, ola,-Lo Koung ..
10
18
38
Horseradish, Shangbal,-Idk Kan.... 18
99
18
Indian Corn,—Shuk Mal .....'.....asah 8
60
22
Lab
#1
48
99
21
Lettuce, -Young Shang Tsol`....... lb. Water Cheatonta,Ma Tala 3b. 8
5
3
TH
90
16
*
"
45
12
28
Mandariu.-Kwa!
Lam Ka Tal.we (`
10
20
18
9
24
38
99
41
18
14
9
"
£8
20
11
10
16
A
Mushrooms, Fresh,—Shang Two Ku fb. Okroeg
b. Onions, Bombay,--Young Chung Tan Ib. 19 Oulang, Grand, shung Chung ." 0 Oulous, Shanghai,—Sheung-hóf
10
10
--
TH
8
38
S
14
Obang Tha
8
8
B
26
29
Parsley,Kun Teol
TH
-
20
60
36
17
30
Potato, Sweat-Fan Sha...
4
*
05
36
40
**
6
10
14
8
35
14
13.
18
Ib.
3
"
36
16
Redleh,-Hang Lo Pak Tani
0
724 *
60
38
··
B
Rhubarb (Fresh),--Tai Wong.
10
**
10
8
10
Sballobe-Kong Chong Tau
n
&
8
12
10
10
Spinnoh, Yla Teck
IM
IN *
Б
T
.
144
**
35
Tomatoes,--Fan Ke...
1+
*****
7
48
32
V
м
*
30
Taros,-Wa Two ... IM
ми
6
6
36
20
28
Turnips, Paul, (Long),—Lọ Pak
D
36
29
18
TH
Vegulable Marrow,--Tało Kwa......
"
39
18
Water Cross,—Sal Young Taol...
water. --- Kent Yo
19
1.80
40
00
Tdly root-Lan Ngao......... ́.... Yumi, Ti Sha...
B 0
16
TAUNTED TO DEATH.
rbel,-> Yo... Benum Pla Yo.....
Dar - Yo
ah,--Obik Ya dash,Yau Ya -be-Bal...
མ་
That concluded the business of the annual meeting and subsequently an extraordinary general meeting was held to consider the following resolu tion moved by the Chairman :—
That the Directors of the Hongkong Freak Water Fish- & Shaugh i Ranking Corporation be and they are hereby requested and authorized by red en hehalf of the shareholders of the Corporation to take of an Ordinance into the Legislative the steps necessary for the introduction Council of the Colony of Hongkong and for the enactment of the same by the Governor of Hongkong with the ntvice and comaght of the Legislativa | Council thereof to effect the amend ments necessary to the Ordinances under which the Coporation is incorporated and carrying on business so as to allow of the ordinary nose issue of the Cor
poration being in reased to $20,000,600
Dattle Fish,--Muk Ye wb-Sh« Mang Yu.- s.-Wong Məl Lap Fish,- Tit To Sha
longer-Hoi Man...
Dog
Багора, Крик Рап...
(being the amant of the present siderm.--Pak Kap Tu up expital of the Corporation) and to Herrings. Pak modify the existing requirements as regards the dep sit security in respect of its note issues in such manner a
(a)
↓
(b)
The continuance of a cautious but liberal policy in the encouragement of local enterprise and overseas trade is the policy which ou Bank has pursue throughout its carner; it is satisfactory to note a gradual im-(e) provement in local trade, which wo trust may long continue.
It is undoubtedly pleasant to note the steady appreciation of the round Sterling and the consequent resump- tion by London of its place as the chief financial centre of the world, a
which resumption
cannot but be materially assisted by the drastic economies now being carried out or contemplated by the Home Govern- ment and the general improvement in cruditione prevailing at Home..
That China's financial and political condition is to-day in a very pre- carious state must be obvious to nil, nor can we look for any improvement so long as the present struggle con tinues. Nevertheless I have not yet loat faith in the possibility of her recovery,
to relieve the Corporation from the necessity of keeping with the Crown agent or with Trastors Secretary of appointed by the Stare con bullion security against any part of the ordinary Hull issue and to Live the Corpora- tion the option of securing such portion of the same as is required to be secured by the deposit (at the option of the Corporation) either of coin or of securitics approved by the Secretary of State
to relieve the Corporation of the obligation to keep at each of ite establishments an amount of coin or bullion qual, in value to 13rd. at least of the notes inster from auch etablishment and nesmalte in circulation and to leave such mal er to the discretion of the Corporation
and
to allow the Corporation to keep portions of the cn or balli di required in be deposited with the Colon al Secretary and the Maqed Treasurer ng meegrity spe excers unte isuno (ly; du i-sna bevond 820 000 FRODE M outside the Cotony, vela -- itu manna are issued to such amounts and subject to sach auditime na may be approved from time to time by the Governor.
لوم
In an explanatory statement the Chairman said :----
It has become desirable to apply to the Government to amend the Ordinance under which we are work ing for two purposes.
(1) To enable us to further in crease our capital from time to time from the pretent total of $20,000,000 (now paid up) to a limit which we propose to put at $60,000,000
and (2) To make some modica tions in the conditions which govern our note issues, particularly as regards the security deposited with the Crown Agents and others in respect of such lesung.
¦
Noah - Yo...
–Lamg Ha..... Oai Ya... Moak Fish, -Moag Yo Marios-That Yo.......
++
--
stare,--Ybany Bn ... Patron Fish,-Kat Kang Ya
arch,-Two Lu Pike,-Fs Pay Fong ... piston, Pan Yo...
***
י
Pomfret. Hisck,- Hak Chong .- ↔ Potret Whine, Pisk Uhring - Pxwa--Min{ ཝོ╚
-Pa Pa Sha
Rook Fish,--Shek Kau Kung --- Losob, hen Yo
Simon, ----Mis Yad...
ark-Bhs Yo .. thede,-P. Yu Shetips, - Ha Snapper.Lap Yo inles-Tac Sha Ya renob,--Wau Iu
Turbotarína Ya
Turtles, sl fresh
ח
86
6.
The increase of the capital has made it necessary to re-arrange the limit of the ordinary note issue and the security, we deposit with the Government against the same and the excess note issue,
H
Long, Tau Kok
Beet Root,
Vegetables, Mo.
Artlokokes,Ah Chi Chouk Bosne, Spront, ---Nga Two ..
Hung Trof Tan Bitter Squash,-Fɑ Kwa ... Brinjala, Green, -Ching Yun Kwa,,
Red,-Hung Ko... Cabbage Chinese, (sommon),—
www
Carro-Kan Shun..... 16. 6
Japanese,--Yat Fun Sha Toot Ib. American,--Fa Kỉ Shu Teal lb,
Pamplo,-Tung Kw
CRIPPLED BOY WHOM GIRLS- SPURNED.
&
J
* ~ ¦ ¦ ¤
* | * | | |*** C⠀⠀
| སྱཱཎྜསྐྱམཎྜ ྂ་
=│」 | 「 } 62-སྐབ
25
10
*****
.i
10
1 2 * 19 * * * *
WHIRLED TO ́DEATH.
BLIND MAN'S TRAGIC-FATE,
How a blind
man, who had recently The cruelty of which some children become engaged to be married, met the Resolution, which also includes are capable was illustrated by the with a tragic death at King's Cross provision enabling us to keep a case of a 16-years-old crippled boy station, London, was told at the cartain proportion of cur reserves at John Simkowitz, of Passaic, New
a
These modifications are set out in
the officed where notes are actually Jersey, who hanged himself because inquest on E. Wc Lattlewood, aged 43, issued. Formerly we had to keep he was unable to endure any longer a proof reader and teacher employed. the whole of our reserves either with the taunts he constantly received on by the National Institute for the Blind. He had been blind since he the Hongkong Government or with account of his infirmity
the Crown Agents for the Colonies.When he was a baby be practically
an arrangement which might at times lost the una of his right leg from in- was a month old, but had no difficulty be obviously inconvenient.
fantile paralysis, fle was never in getting about. We have taken stops to ascertain able to join the pastimes of other He was soon standing sbout a foot hat these proposals will be favour. children and was obliged to spend and a half from the sige of the plat- ably entertained by the Hongkong most of his time alone brooding over form, holding up his hand as if he Government and the Secretary of his affliction.
wanted someone to help
State, and a draft Bill has already been At school other boys often mooked prepared embodying them which has and jeered at the crip parading
Then he stumbled and fell on the
With so large a territory and so large a population, once given a stable govoromont all things Her' vast ar's possible to hor. mineral wealth alone has as yet been scarcely exploited, railway devour ment is still in ita infancy, while many other of her vast resources remain to As regards the first maiter the boon tentatively approved and if you before him with exaggerated limpa, line. Several people endeavoured to all intents dormant. We have but shareholders' sanction has already sanction qur proceeding with 10, t and the girls would not have any help him up, che to look at the Chinese Marilline, been given, the necessary revolution can be proindigsted in the Gashte thing to do with him. The dimer him under the arm Customs and the Salt Gabells to for this having bood passed last year soxt week as required before intro- caine after a snowfall, whet
tom going off with realise her possibilities nador sound when the now issue was sanctioned duction into the Legislativo Connell. party
Bir Ellis Kadootie seconded and the skato and bobsleighe taunted him came: foreign supervision, so that there is at the Extraordinary General Meeting
Don't you wish you ware no reason why under like conditions, hold on the 28th May so that it is resolution was carried nonhimously," with
This com China should not attain to the not necessary to trouble you now. At the close of the meot recovery of her credit and financial with that,
chairmen thanked the shoreboldøre
"L
stability and take a leading position is the other matter which I bave for attentling and mentione
Before you and which I dividend warranta would be read among the comperolal Nations of the how to bri
Monday world, nor have I any doubt but that will end
then took a Tope to the throom and hudked bimbal
Before they could do so sytis
was fammed
tform and round and
10Page 11
SATURDAY. FEBRUARY 18, 1922.
THE TURF.
TRAINING TIMES
The followiny times were taken this morning. They are given in minutes, Beconds and fiftka of seconds for each quarter mile of the distance euvered by the ponies.
31.
A MILK
Scumpardale, 34 105, best quarter,
Hongkong Chef 30, 102.2. last. quarter, 32 2.
Jay Bird, 341– 105,3, last quarter, 30.4.
31.
33.
Fighting King, 37,1 48, Just quarter.
King Harry, 96, 100), last quarter,
Gabriel Janis 213, 1.05.2. int quarter, 33, 1
Shek O Chel, 41 1,06, last quar- ter, 32.
Adversariat
and Forkshop. 12. 1.05.4, last platter 831
Mountain that 196 1,11, lust quar-
ter 35
Muftum Prve 82, 1884, lasti
quarter 31.
Inde ender domy, 33, 104,3,
Past quart
די
1972, 1403, Just
: י
STO
Fad cor WHAKE
Da
STONECUTTERS ISLAND
QUARANTINE ANCHORAGE
GANGCRO COCOS
ANCHICAGO
MAGNETIC
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