1926-05-28 — Page 6

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London Offices:The Far Eastern Advertising Agency (London), Ltd., 24. Devonshire Street Bloomsbury, W.C.1.

BIRTHS.

EDWARDS-01 May 20, 1926, at 63, Scotta Road, Singapore, to Mr. and Mrs. E. C. Edwards. a

son (stillborn).

HANSON. On May 20, 1926, at Maternity Hospital, Singapore, to Mathilda, wife of E. H. Hansen, a daughter. VAN SCHILFGAARDE-On May 23. 1926, te Gladys (ne Robinson) wife of H. Van Schilfgaarde, p son,

DEATHS:

UNION INSURANCE.

INTERESTING ANNUAL.

MEETING.

CO.'S, AUDITORS.

General Manager Praised By Shareholder.

To-day's annual meeting of the Union Insurance Society of Canton, Ltd. was full interest; there being a large attendanco..

FRIDAY, MAY 29, 1926,

In my opinion, Gentlemen, there is no ill-will between the traders. af Canton and those of this Colony and that they as well as we desire the resumption of peaceful busi- ness relationship and the re-o8tn-- blishment of the old trade condi- tions. "1

will increase this Fund from 2222 We all deplore the boycott against 000 to £500,000 and decrease the British trade in Canton but I can- Re-Insurance Fund from £2,418,070: not believe that the people of -12-10 to $2,840,070-12--10, Kwangtang will continua, te sube Turning to the figures in the mit for any length of time to the balance sheet you will notice that illegal activities of a small section cur issued Capital has been in- | of their community. This Society creased by 24,000 new shares, has had honourable and friendly. which were issued and allotted in | Intercourse with the Cantonese for accordance with the resolution very many years, being first, esta» passed at the extraordinary general, blished in their ancient city in the meeting held on March 19; 192B in year 1835, some years before Hong-. respect of the exchange of shares kong passed to the British Crown. in connection with the amalgamą-" tion with the Yangtze Insurance Association, Ltd. 54 per share Mr. . M. Alves, as ashare paid up on the Society's shares and holder, criticised the selection of our paid-up capital has therefore one firm of auditors, a member of been increased by £96,000. S that firm; he said,being.. on the The sterling equivalent of the bourd of an opposition company. Society's Silver Reserve of $3,000,- Mr. Alves also bestowod praise on | 000 is 2954,687—10—0. Mr. Paul Lander, the General Man- | pared with $346,875 list yent. Ex- nger, speaking at considerable change at December 31, 1925 baing

'You will be pleased to learn that length on other matters.

taken at 2/4.8/8 as compared with the Singapore offices were opened There were present: Mr. J. A. 2/3.3/4 at December 31, 1924. on Saturday, September 26 last," Plummer (chairman), the Hon.

American, Business.

Mr. J. Lonie, manager of Meeurs. Mr. A. O. Lang, Mr. W. L The large increase in our Re-in-Boustead & Co., performing the Pattenden, M: T. G. Waail (direc-surance Fund which stands in our opening ceremony. This building tors), Mr. Paul Lauder (General balance sheet at $2,418,070-12-10 is constructed of farro-concrete Manager) and the following share is partly represented by the pre- throughout, covering an ares of

mium on the new shares issued.

26,552 square feet and consista of J. W. Alabaster, G. S. Archbutt, Our Investiments have been taken

seven foors equipped in the most modern manner. Great credit is due to Messrs. Swan & MacLaren, the architects, for designing such a fine structure and to the United

ZB cool-

Oversca Offices.

Engineers who carried out the work of construction to its present satis factory completion,

tolerance are essential. The post-holders 'man's daily round has to be. learned thoroughly in order to M. Alves, Frank Austin, A. E, Sut the market prices ruling on

Alves, J. Arnold, the Hon. Mr.December 31 last.. ensure an efficient delivery sys. W. Bird, C. C. Black, Messrs.. Turning to the Working Accounts tem. A Bostman has to learn his Butterfield & Swire, J. Bentley, you will note that the interest for "beat" even more thoroughly D. H. Cameron, B. M. G. du the year 1924 amounted to £283,074 than a policeman. Streets, and Cunha, P. S. Cassidy, H. B. 18-7 and the Interest shown for Dowbiggin, R. A. Dastur, Dr. G. the year 1925 amounts, to £223,921 houses, house numbers, and house Digby, B. M. Ede. John Fleming,-18-6 only. I would explain Handsome offices have also been names, must become as familiar J. Gardner, L. Gibba, & Grimble, however that there are still several erected in Bond Street, Sydney, to him as the offices in the city. Gray, LE Hepkina, Ho additions to be made to the 1926 Australia. The building is a ne Fook, Ho Iu, E. C. Hudson, Ho Interest such as dividende from example of steel structure "work are to the shroff. Let even one Leung, W. A. Hannibal, Ho Kom-affiliated Companies, etc.

and was erected by Messrs. Kell & letter be misdelivered, or not tong, The Hongkong, Canton, & The premium income for the yearBigby under the supervision of delivered when it ought to be, and Macao Steamboat Co., Ltd., W. J. 1925 as compared with the premium Messrs. Ernest A. Scott & Green,"

Hawker, Ip Lan-chuen, E. N. income of the previous year as at architects. at once he finds himself in a verit-Koch, C. G. Knight, W. Logan, Lo Deceraber 31, 1924 has decreased Hawkesbury stone and brick and of troubles. It can, Chung-wan, G. B. Layton, C.. F. by approximately £300,000. This contains a basem:nt, ground and therefore, be imagined that, with Lafrentz, G. Murray, E. A. G. May, diminution in premium is primarily eight upper floors. The official fresh faces at the Post Office CV. Mark, C. E. Mayer, W. due to curtailment of American opening ceremony took place

Mansfield, FL. Marques, S. Hire and automobile commitments. desks and counters and fresh Michael,

November 38 last and was attended G.. Miskin, A. W.

The item of commission paid aa by many of the leading members faces in the postal delivery Mackenzie.. A. Nemazee, J. per the, Accounts also shows of the community. The prosperity rounds, the work of the Post-Ormiston, Sir. H. E. Pollock, R. D marked decrease and this is simi- of the Society was proposed by Mr. master-General since the zenith of end. H. Ruttonjee, O. F. Ribeiro, larly explained by the cartallment. Dunlop, Fresident of the Chamber

V. R. V. Ribeiro, C. A. da Roza, P. M. N. da Silva, W. E. L. Shenton;

able. sca

the strike has by no means bean

a sinecure. Fortunately Mr. D. V. Steavenson, F. P. V. Soares,.

of our American business:

Competition Severe.

The balance of the Working Ac-

M. J. Breen is an enthusiast, and A. Stevenson, Sum Pak-ming. Dr. count for the year 1925 amounting

1. H. Sanders, R. Sutherland; to 2510,247-15-8 may be con would probably be the first to dis-A. H. M. da Silva, F. W. Stapleton,sidered satisfactory

claim having performed miracles with his personnel in the direc- tion of transforming rough diamonds into polished gems..

The report on the General Post Office for 1925 is published else- where in our columns to-day. It discloses, in spite of decreased re- venue and greater expenditure, a balance of revenue that has been unbroken since 1916. Indeed, DISTANT-On May 21, 1926, at 53, during the last ten years the Meyer Road, Singapore, Annie balance of revenue last year was Maria, widow of the late Capt. only exceeded in the preceding A Distant, of Fenang. Agel four years. Dollar for dollar,

be may safely

deduced VAN SCHILFGAARDE-At Sama-it

the Post Office" in of the best financially administered Departments in the Colony. And it is in this respect, perhaps more than many other, that its "silent service" is to be most appreciated.

91

rinda, on May 21, 1926, Gladys that (nee Robinson) dearly beloved wife of H. Van Schilfgaarde.

Hongkong, Friday, May 28, 1928..

one

With a surplus of $359,647 on last year's working it may be hoped that the Treasury will part

W. Stokes, Prof. C. A. Middleton A. R. Souza, A. Sinith, M. Sommerfelt. F. B. P. Silva, J.-H. Taggart, J. F. Wright, Jun., W. J. G. Whalley and G. M... Young,

LATE MR HOLYOAK...

Our Marine business has been conducted during 1926 under the somewhat difficult conditions which have characterised this class of Insurance during recent years.

The market is still large and the "amount of" business restricted with

It is faced with

on

of Commerce, supported by Sir Alfred Mecks and others.

Turning again to "the Balance

Sheet, I feel sure you will agree

with me that, we have reason to be proud of the fine position these figures indicate, and they will no doubt be viewed by you with the utmost satisfaction.

Bonus To Staff.

"I am sure you will heartily up- the result that competition is severe prove our following the usual cus- The chairman's speech began:- and rates in consequence continue tom of voting a bonus of 15 per - Before commencing the formal to thew a downward tendency, An-cent en salaries to the credit or business of this meeting I would other matter which still causes con- the members of our staff holding rofer with deep, sorrow to the deathcern to underwriters, and which my provident fund agreements. of Mr. P. H. Holyoak, who as you predecessor in the chair referred The position, Gentlemen, not only are well aware for a great number to last year, is the introduction, reflects the greatest credit upon of years was a Director of this largely as the result of competition, our staff, who have given devoted Company and its ardent supporter of risks of a nature altogether out- and unstinted service, but also The late Mr. Holyoak's public side the usual scope of marine in- upon our General Manager, Mr. activities are well-known to you.surance and for which in many Paul Lauder for the extremely- He was an entirely plucky. public cases inadequate rates are paid. able manner in which he has con-

Pros- spirited and kindly man..

Individual marine losses of mag-ducted the Society's business dur- perity or adversity never changed altude and total losses have beening a period of unusual difficulty. him and he was always a loyales a feature than the many During the year Mr. G. S. friend. The General Manager smaller but nevertheless seriots Archbutt, why has had long service shewed my yesterday a private let loses which often cecape public with the Society and its affiliated ter he had received from the late notice or soon fade from memory company, The China Fire Insurance Mr. Holyoak posted from Colombo Among the latter I would mention Co., Ltd., was promoted to the posi in which Mr. Holyoak mentions his the unusual number of serious fires tion of Fire Manager and we feel extremely indifferent health.

In In which valuable cargoes have sure you will be pleased to learn Singapore he was very far from been involved.

of the appointinent. well but in spite of this he found

Before concluding my remarks I time twice to call upon & young Hongkong man seriously ill in the Singapore Hospital. I mention this

Improvements Coming?

A SILENT SERVICE.

Some months ago the acknow. ledged claim of the Navy to be the "silent service" was rather with some of it and authorise the amall" fncident because it denotes vouring, by co-operation, to placePaterson, Simons, & Co., who was

Service!

the man.

I would refer also with deep aor row to the death of Sir Paul Chater well known to us all. Sir Paul was one of our oldest and most respect ed residents and he has rendered; this Colony distinguished service.

The sympathy of this meeting is extended to the bereaved families.

Dividend & Bonna.. After the customary allusion to accounts, ete the chairman con tinued

...

I am glad to say however, that would refer with sorrow, to the in some directions there are signs death of the late Mr. C. W of underwriters themselves endea Darbishire of the firm of Messrs.

the business on a profitable basis, a member of our London Commite particularly in the hull market in. tee. The news of his death was ra which improvements have been ceived throughout the East with brought about which may later deep regret. bear fruit.

I now propose the adoption of Your General manager visited the the Report and Accounts and when United States of America last year this has been seconded I shall be in connection with our are and glad to answer to the best of my general business there and during ability any questions you may wish, his visit considerable re-insurances to ask. were affected on the automobile ac count--

The nett premium income for the

SECONDER'S SPEECHL

unkindly disputed by a high Public Works Department to im- official in Hongkong who, in a prove the exterior of the Post post-prandial speech, sought to Office buildings.

These house wrest that title and bestow it on other Government Departments the Civil Service. The Navy besides the Post Office itself, but treated it with silent contempt. the... weather-worn frontage It could not really take even high and patch-work appearance officials unofficial remarke round of the edifice 23.2 whole the festive board as serious-ceris scarcely creditable tainly not so serious as the claim progressive Colony. Certainly The Working Account for the year has, as I have already pointed ant on behalf of the Civil the stranger within our gates is year 1924 after payment of an in-out,, been reduced in consequence not likely to be favourably intérim dividend of 24/- per share of these re-insurances, but I am

Rising to second, Mr. G If, however, we come to consider pressed when he compares then a 20 per cent, bonus to con- pleased to be able to state that the young olde

tributors, shews that the balance Aral outcome for the year shewed

Gentlemen, is with a parti- the case for the Civil Service, the exterior of the General Post available for distribution amounts that a considerable saving had cular sense of personal sorrow taurels for really "silent service" Office with the architectural and to 2302,09825 and your Diree resulted from the arrangements that I associate myself with what might well be awarded to the Post decorative amenities of General tora recommend that this balance made.

The Society's business in has been asid by Mr. Plummer in the United States of America isregard to the great loss suffered Office. It performs the most Post Offices in large cities else should be dealt with as follows:—

receiving our close consideration by the community by the deaths of silent work of any Department, where..

Fire and general business writ Mr. F. H. Holyoak and Bir Paul and yet it is most in the public

ten by the Society and fts affiliated Chater companies. In other fields chewed. It is a great pleasure to see so eye. Rowland Hill and hir pion

that the Income was well maintain many fellow shareholders present, eer work in reforming the postal

and I feel sure that we are "all ayatent in 1839 may be forgotten,

Hongkong Hotel Fire.

delighted at the report we have just but that does not imply that the

A recent loss of local interest listened fo. The produce such a Was the Hongkong Hotel are which fine balaute about when the busl public are unappreciative of the

occurred an, January 1, 1928, and mess of the world especially that great work that the Post Office

In connection therewith. I would connected with China has been so performs on their behalf.

like to refer to the excellent assis harassed, denotes sound judgment It was to be expected, that the

tance rendered by HM.'s Naval and on the part of our General Mana A memorial service to the late Rt. Wor Brother P. H. Holyoak the year 1972/160,8432 Military Forces, in supplementing strike and the boycott would affect at St. John's Cathe The balance of the Warking Ac- the Fire Department of Hongkonger and the managers at all the the working of the Post Office as dral on Monday, May 31, at 62610,247 158 and Your Directors Directors Tearned of the death of The increase of capital in con-

count for the year 1925 amounts to It was with deep regret that your seated.

cities where the Society le repre

well as every other public service: p.m. Masons are requested to

Anal dividend to shareholders of 16/ per share on 135,000 shares

A bonus dividend to

shareholders

of,

ed

5 per share on 195,000 shares.

A special King's Birthday dia- ner dance will be held on the Roof Garden of the Hongkong Hotel on Saturday, June 5. Dance To he carried for- ing from 8 p.m. to midnightward to Under Fancy or evening dress optional. writing Suspense. -Account to close, the Account for

here last year. A number of the meet in Zetland Hall at 5.30 pm, recommend that an interim dividend Able Seaman Bachelor in the course nection with the amalgamation

of £4/- per share should be paid to of these operatione, shareholders absorbing £162,000, R. bonus, of 20 per cent be paid to

A BOY AND HIS STOMACH, - | contributors of business on bonus

Chinese employees and postmen joined the ranks of the strikers, Some were, subsequently reinstat

boy who at whatever, when ed, but the continued absence of

ever, and as much as he pleases others naturally, meant the train is sure sometime to need very hiddenly ing of new men. A Post Office Remedy. It stops almost inearly agonising stomach and bowel pains, bot employee or a Chinese postmannshee Terampingod sakening diary, may be male," if not exactly hoss. Should be kept in wyer house,

hold. Bold and recommended born to the job, but patience and wh

terms, amounting approximately: ito. £30,000 and that the remainder be carried forward

Chamberlain's Colle and Diarrhoes San

More picures

The Board further, récommande the transfer from the Ha-insurance Fund of £78,000 to the credit the Starling Reserve F

ENT

... with the Yangtare, Association; Lid

has, justified itself, as proven. figures in the balance sheet, and in my opinion there is not onta"-"and" kruinis; there is to worry; about In the

qual to Chamberlain's Pain Balmonds not only relieves the premium income for our

Almost instantly, but than and men'i remarks would app eptle Buiment and when applied denote that this has left an promptly causes the wound, to heal ad pcpåt...

thout any "danger of blood polson, You cannot afford to be without it, Bold'everywhere,(3)

(Continued on Par

creas-

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