ASAHI BEER
ASAHI
BEER
AIJANI
LAGER-BEER
SPECIALLY SAVED
EXFORT
COMPANY
WERY
LATER,
A Refreshing and Invigorating Beverage.
The very brand for all
occasions.
MITSUI BUSSAN KAISHA, LTD,
I THE NEWSPAPER ENTERPRISE LITL
Do Wh
Library, Supreme Court
Business Manager.
China Mail
BLISHED
1845
No. 27,407 HONG KONG, SATURDAY, FEBRUARY 8, 1930.
STAR FERRY CO.
REPORT
CANTON STEAMER ON FIRE
EARNINGS FOR YEAR TOTAL ABLAZE WHILST IN DOCK FOR
$447,600
DIVIDEND AND BONUS
OVERHAUL
SMALL DAMAGE DONE
The report of the Directors of A fire which at first threatened to
the Star Ferries Company, Limit-do serious damage broke out on board ed, for presentation to sharehold- the Canton boat Fatahan early this ers at the 32nd ordinary yearly morning. The vessel was in the Taikoo mecting to be held at the office of Messrs. Jardine. Matheson & Co., Dock for her annual overhaul, and the Ltd., on Friday, February 14, at origin of the outbreak is not known.
11 a.m., states:-
A call was sent to the Central Fire
The Directors have the pleasure Station at 3.49 a.m. and in response to submit to shareholders their three appliances and a fire-float were report, with a statement of acdespatched to the scene.
counts. for the twelve months ended December 31, 1929
The net earnings of the boats. after paying all working expenses, amount to $447,649.75.
The amount at credit of Profit
and Loss Account, after transfer- ring $59,000 to Reserve Fund, $40,000 to Contingency Account, paying for repairs, allowing for Directors' and auditor's fees, and depreciation, including $40,038.34 | brought forward, is $354,487,03 | which, with the approval of share- holders, it is proposed to appro- priate as follows:---
To pay a Dividend of
$2 per share
To pay a Bonus of $2
per share
To carry forward
-$160,000,00
P...
On arrival it was found that the fore- peak of the Fatahan was ablaze.
The fire-float at once played two hoses on the flame, and, assisted by
the appliances on shore, the fire was eventually subdued at 4.23 a.m.
Only small damage was done.
NOTE ISSUES
Official Monthly Returns
TOTAL OF $89 MILLIONS
The returns of the average 160,000.00 amount of banknotes in circula- 84,487.03tion and of specie in reserve in Hong Kong, during the month $354,487.03 ended January 31, 1930,
Directors During the year, Mr. A. S. Gubbay joined the Board but sub- sequently resigned, and Mr. H. H. H. Priestley was invited to take his place.
As car-
tified by the Managers of the rea- pective Banks ia as follows:-
Banks Chartered Bank of India, Australia and
Average Specle Amount. In Reserve
China 319,797,342 $ 7,800,000*
Shanghai Banking Cer- poration Mercantile Bank of In- dia, Ltd.
Mr. T. GWeall and Mr. C. Gordon Mackie also resigned durong 1 Kong and ing the year, and Mr. J. P. Warren and Mr. M. T., Johnson filled the vacancies. Since the end of the year, Mr. Johnson re- signed and Mr. Mackie rejoined on his return to the Colony.
Mr. A. H. Compton retires ac- cording to the Articles of Associa=" tion, but boing eligible, offers himself for re-election.
4
Auditor
The accounts have been audit- ed by Mr. C. Bernard Brown, A.C.A., who offers himself for re-election.
67,870,087 45,500,000.
2,170,253 800,0005
Total $89,837,681 $54,100,000 In addition Sterling Securities are deposited with the Crown Agents valued at £1,276,500.
HOME WOULD
HAS, OF
-The
TO-DAY'S DOLLAR closing rate of the dollar on demand, to-day was 1/6 8/16.
PRICE $3.00 Per Month.
Our "Hard Boiled" Golfers
GOLFERS NIT
THIS IDEA
THAT'S MY
4 TH TO NIGHT CLARA'
#t
BE INTERESTED.
TS HEAR
TimT OUR
COURSE
PUT A LOT
·OF EXTRA
質量
PLAYERS AT
FANLING
PLAY FOR
EGGS
FOR
WORK ON
OUR LOCAL.
HENS
WHO DURING A GOOD GOLFER BEING WEEK-
16 BGG MAN ENDS.
TEA KNOWN AS
HAVING BEEN
WELL
TRAINED ON
1445, NO WONDER OUR
TEAM BEAT SHANGHAI
IN THE
INTERPORT FANLING BUFF ORPINGTON
WHICH LATO A BAD ONE FOR THE SHANGHAI CAP THI
AND THE
WITH THE RISE IN FOODSTUFFS OUR GOLFERS
WILL
"You ONE
ME HINE Eggs.
b of AYRSHIRE ROLL AND L SPAT A CRAPEFRUIT
WITH YOU
UNDOUBTEDLY
PLAY
FOR
OTHER
AT THE 4TH
PROUSIONS,
AND
SO SAVE ON THE
ARE WORKING OVERTIME
BAND AT THE HOUDY'S I HAVE TO GO ON -...
LAYING ALL THROUGH
THE NIGHT
-WAS NO LESS A HEROINE THAN THE WHITE WYANDOTTE YOKE FOR OUR SKIPPER
• WHICH LAID A DOUBLE
BAD LICK ON THE ONE FROM UN LONG
•THAT WENT BROODY TRYING TO REDUCE
IT'S HANDICAR
WHILSTITWAS
BIST SEATON
HO DOUBT A FUTURE PHOTO OF OUR
WEEKLY BUDGET. AND, CHAMPION WILL APPEAR SOMETHING LIKE TAS
DRUG TRAFFIC
Plans for Control of Distribution
CENTRAL OFFICE
Geneva. Yesterday.
A concrete world-wide plan to check the drug traffic has been |drawn up by'a special Committee of the Opium Commission presided over by Sir Malcolm Delevingne and unanimously adopted by the Com mission.
It recommends fixation of the
In addition Securities depoalt total annual quantity of drugs ed with the Crown Agents and manufacturable, and the division Straits Government valued at thereof among producing countries.
£2,918,700,
OUR NAVAL POLICY
AN AGREEMENT BY CATEGORIES
CRUISER NEEDS
THE ABOLITION OF
VESARINES,
Bugby, Yesterday.”
SEARCH FOR OIL
Views of Australian Minister
Canberra, Yesterday. Referring to oil boring the Federal Mihilter for Home Affairs says that
There are Spectacles and Spectacles
...but What A Difference in quality.....、、、 ... and there are opticians and opticians, but in Hong Kong, only one European optician who measures up to the highest qualifications Optical men in every corner of the world re- cognise his certificates and the modern equipment used.
LAZARUS
The Optician.
Phone Mr. Cooper C. 2208 for appoint-
ment. Ralph A. Cooper, F.LO. (Engl), Registered Optometrist (Canada).
INSTONE BANKING CORPORATION
DIVIDEND FOR SECURED BONDHOLDERS
UNSECURED CREDITORS
The Government Gazette contains the following announcement in respect of the Testone Banking Corporation, Limited (in liquidation) :-
Secured Bondholders. Admitted Claims, $4,404.72.
A first and find) dividend of $100
per cent, has been declared in respect
of the above claimis.
Unsecured Creditors Admitted claims, $66,581.78.
A firat dividend of $4 per cent. haa been declared in respect of unsecured claims.
The above mentioned dividends may be received at the Official Receiver's Office on February 17 between the hours of 10 a.m. and p.m. and on any subsequent day during the office | hours.
Creditore applying for payment must produce any honde, bills of exchange. or other securities held by them, and must sign a receipt in the prescribed form.
RUBBER PLANS
British and Dutch Agreement
TO CURTAIL PRODUCTION
London. Yesterday,
CHINA ORDER IN COUNCIL
:
PAYMENT OF FEES AND PENALTIES
NEW ARTICLE GAZETTED
The following notice which ap-' peared in the London Gazette of December 20, is published for gen- éral information in the Government Gazette.
Article 227 of "The China Order in Council, 1926," is hereby repealed and the following article shall bo substituted therefor:-
"All fees, fines, penalties, and other sums of money which, under the provisions of this Order or any Regulations. or Rulea of Court, are stated or imposed in terms of British currency, chall, at the option of the Registrar, be pald either in British gold or in any allver dollar currency in usa in China which may from time to time be specified by His Majesty's Minister at Peking, at a uniform rate of exchange, applicable to all such silver dollar currencies, which shall be fixed from time to time for this
purpose by His Majesty's Minister at Peking but shall not exceed as a maximum the rate of two shillings for one dollar,
"For the purposes of the ascer tainment of the value of any income
for any purpose of qualification or of any limitation or security, In any case whare this Order or any Rule or Regula- tion contains А reference to British currency, the rate of exchange of ton dollars to the pound sterling shall apply." The present Order shall be cited According to the newspapers the re- as the China (Amendment) Order
The Rubber Growers Association announce that a British-Dutch liaison committee have reached an agreement on certain recommendations which will be submitted for approval to their re spective Associations.
most of the investigation work in man-commendations aim at a moderate cur-in Council, 1929, and shall take dated territory has produced negative tailment of production In order to raise effect on January 1, 1980. results. He suggested that more fa-the market price of rubber to a resson- vourable structures existed near Dutch ably remunerativo levei.—Reuter.
New Guinea, where the conditions are less difficult and the probability of sue-i ceaftrong-Reuter.
The policy of the British Govern-conference should be called to review ment at the Naval Conference is not the situation in relation to world
forth in an important memorandum relations. In view of these con- which is being laid in the House siderations British Government Commons, a summary of which was suggest the following proposals: issued this afternoon.
UNCLAIMED BALANCES
SUPRESSION OF REDS
It is
Nanchong, Thursday.
notified in the Government Gazette that the following sums will be transferred from the 'Companies qui- dation account to the general ravanuo
A. Wing (deceased), return of capi-
A portion of the 2nd Route Army of the Colony: under Brigadier General Tang Yun-tal in Kowloon Land and Building Co., sin and Colonel Chan have been despatched to. Klangai Province to Ltd., $501.15, plus interest $52.80.
J. Francis (deceased), return of Categories Defined
assist in the suppression of the Reds capital in Kowloon Land and Building In it the belief is expressed that
The agreement should be not only under the two notorious leaders Co., Ltd., $200.46 plus interest, $21,18. In addition Securities deposited It lays down that drugs shall be so the Conference ought not only to upon global tonnage, but upon the Chu and Mo. The reinforcements John Somerville, broker, unclaimed with the Crown Agents valued distributed as to ensure that they reduce existing fleets and building size of individual ships in various are subject to the direct control of dividend in the Hong Kong Steel Foun- at £180,000.
shall be used exclusively for medi-programmes, but also to end Naval categories and upon the tonnage General Lu To-ping, the Chairman dry Co., Ltd., $16.50 plus interest $1.79. The following statement of the cal and scientific needs.. It pro- competition, thus marking an im-used by each nation in each of of Kiangs), who will shortly procced
these categories.
to the western border, personally to securities lodged with the Crown Office for the control of distribu-
WELCOME FOR PRESIDENT Įvides for the creation of a central After examining the lever on
The categories should be capital direct the suppression. — Canton the railway engine at the Hung Agents by the Mercantile Bank of tion-Reuter.
ships, aircraft carriers, cruisers, News Agency. hom shed, Mr. T. S. Whyte-Smith India, Limited, against their notes
destroyers, and submarines. An and the Coroner's jury yesterday in circulation, is published for resumed the inquiry into the death of a Chinese oller who was general information under Section 6 killed by being crushed between of the Mercantile Bank Note Issue the engine and a carriage. Ordinance, 1911, (Ordinance No. 66
NO NEGLIGENCE
On completion of evidence, the of 1911):-.. jury, without retiring. returned a verdict of death by misadventure,
Security
and intimated that they found 5% Treasury there was
no negligence in the
Bonda repay- case.
able @ 100
ABERDEEN WATER SUPPLY
The Government Is inviting
in 1930
Amount Latest
LEAP INTO HARBOUR
-----
A Chinese named Laung Chung- fu (23), living at 46, Temple Street, Yaumati, was alleged to have at- tempted suicide at 10.30 p.m., yes- terday by jumping into the harbour at the Yaumati typhoon shelter. market price. He was rescued by a boat man named Leung Yau, and. the Police removed him to the Kwong Wah Hospital suffering from the effects of immersion.
£180,000 90%-100
BANQUET FRACAS
tenders for the Aberdeen Valley Brazilian Vice-President
Scheme, Pipe Line Transport
Trench Cutting and Tunnel Con- dult.
Wounded
Rio de Janeiro, Yesterday!
IS IT YOURS ?
A paragraph in this morning's Police reports states:--
A sum of money, in notes, found in the City of Victòria during the
The works consist of cutting trenches for 18 inch diameter and at a banquet at Montes Claros, in the to the Police. Any person who has A violent political quarrel occurred last few days, has been handed over 21 inch diameter steel pipes, State of Minacagernes, which was at a rightful claim to any money that stringing the necessary pipes tended by the Vice-President, Mr. F. has been loat should make applica- alongside, and the construction of Mello Vianna.
tion in writing, giving full detalls
A short concrete-lined open cut! It culminated in five persone being of their loss, to the Director, C.I.D., and tunnel condult through Sandy killed, including the Vice-President's Bay Gap.
IN, BANKRUPTCY
The following is extracted from
the Government Gazette:
Re S. L. Kwok and Company
and Kwok Sze-loi, Kwan Yi-suen
Secretary.
Fifteen were wounded, including Dr. Melle ViannaRouter's American Ser- vice.
UNIVERSITY LECTURE
Police Headquarters,
$500 BAIL ESTREATED
Ng Shim (28) a married woman, who was charged with the unlawful Possession of 13.5 taels of raw On Friday, February 14, Mr. E. opium and two tasis of non-Govern and Taul Kang-poh partners Cock, M.B.E, AMICE, M.IN.A., Shanghai Street, failed to make her, ment prepared oplum at 868, therein of No. 6, Des Voeux Road will give a lecture under the aus appearance at the Kowloon Magia Central (5th floor)..
pices of the University Engineering tracy this morning and subsequently The above-named S. L. Kwok Society at 8.80 p.m. In the main her ball of $500 became estreated:
and Company and Kwak Sze-lol, Kwan Yi-suen and Taul Keng-poh partners therein were adjudicated bankrupt. on January 27, 1980,
MERCHANT SHIPPING
The folowing notice, taken from the London Gazette of December 20, 11 published for general information in the Government Gazette)
building of the Universlty entitled The Evolution of Ships and their method of Proportion."
The lecture will be illustrated.
GOODYEAR TYRE CO.
FELL DOWNSTAIRS
As the result of accidentally fall- ing down the stairs of his house, Chinese named Lam Ping (16) living on the first floor of 55, First Streat, West Point, was removed to the Government Civil Hospital at 11 vity | P.m., yesterday, suffering from head
Injuries de
New York, Yesterday, It is learned on the highest that the Goodyear Tyre Rubber
that
In purmannce of the powers given pady has passed into the banda under section 20 sub-section 5 of "The Estenotis Company of Cleveland, who Merchant Shipping (Convention) recently boncluded a girl Jet 1914,1⁄2- HD boty by and with merger Reuter'e Americ
Counell
WARRANT, FOR AN A.B.
FINE WEATHER !
To-day's report from the Royal. Observatory, lasued at 10.45 a.m., states
A depression which formed to the north of Formosa yes- terday has moved to the S.E. of Naha.
A new anti-cyclone has formed over Chins.
Fresh monsoon along.S.E. coast of China and over the North China Sea.
Forecast; North fresh; fine.
winds;
portant step toward the firm ea- tablishment of peace.
British policy, it is pointed out, is to keep the seas open for trade and communication and, In relation to the political state of the world to take what steps are necessary to secure this.
League Obligations.
Shanghai, Thursday.
Marshal
Canton, Yesterday. Under the auspices of local organi- agreement by categories is neces- REINFORCEMENTS FOR CANTON aattons, the military, the official sary to eliminate competitive build-
classes, and the Whampoa Cadet ing and the maintenance of the
School, preparation on a grand scale equilibrium between fleets. These It is reported that
to welcome President Chiang Kai- two points are essential if security Chiang Kai-shek will lead three shek upon his arrival at Canton is is to be obtained. It is not only the whole
aaid to be under way. divisions to Canton, eight
It is sug- total tonnage of a fleet which vessels being chartered from Shang-gosted that C. 1. C. General Chan counts, but the use to which these hai to Nanking for the transport of
Chai-tong may come down person* toos are put, and an agreement on troops. According to the latest ally to greet President Chiang.~ the latter paint is called for:
Canton News Agency. information, sonze of the vessela time it might carrying the troops, left Nanking
At the вяте be convenient percentage
a yesterday for the South.-Canton
tonnage R-News Agency..
to allow
categories
to
other
of different signed to to be transferred categories.. The British Govern-
ment, however, does not favour a general transfer, and is opposed to
FATAL MINE EXPLOSION
Salt Lake City, Yesterday.
..
APPOINTMENTS
His Excellency the Officer Adminis- tering the Government has appointed Mr. Sydney Ashworth to be an Assist ant Government Marine Surveyor Engine Surveyor), Harbour Depart
the transfer in capital ships, air-killed as the result of an explosion in
At least twenty miners have been ment, with effect from January 27. craft carriers, and submarines. In coal mine at Standardville.Reuter's tering
His Excellency the Officer Adminis- the Government has regard to cruisers, it would permit American Service.
appolated Mr. Dudley Leonard King the transfer out of the eight-loch
to bo Deputy, Superintendent of the class into the six-inch class on a
Police (Reserve). on his return from percentage which remains to be ar
leave, with effect from February 7. ranged, thus taking into account the „special needs of countries which require a large proportion of small cruisers.
2,
The
U.S. BANK RATES
Washington, Yesterday,
Reserve Bank. in
Federal
Chicago has reduced its rate to 4 per cent. and in Cleveland to 4 per cent......... Reuter's American Service.
PURCHASES FROM US.A.
ASSAULT CASE
In estimating its Naval needs the
On a charge of assaulting a British 'Government has also to take
Capital Ships,
married Chinese woman at Shang- The Government proposes that into account its obligations under
hai Street, Wong Wai-fung, was at the League Covenant and other the number of capital ships for each
the Kowloon Magistracy this morn- commitments which have to be signatory fixed by the Washington
ing remanded till Monday morning, fulfilled in relation to the present Treaty should be reached within
Washington, Yesterday.
when Mr. J. M. Remedios, It was state of the world. The Government eighteen months of the ratification European countries last year pur-intimated, will appear for the pro- feels that if naval establishments of the treaty resulting from this chased a milliard dollars worth more secution. brium must be maintained by means
goods from America than they sold to are not to be a menace the equill-conference, instead of by 1986.
Bail was allowed in the sum of It proposes that no replacement her-Reuter's American Service. $25. of existing ships should take. place before the next conference Playing cricket as it was played
of international agreements. It feels, moreover, that this equilt- brium will not be secured by mare "humerical equality in ships : and tonnage, but only by the adoption of agreed programmes based; on
considerations of requirements affecting diepersions, etc, and in which the menace will be reduced
TENDERS ACCEPTED
In 1935 and that, in the meantime, before the war would add to its the whole question of capital attractiveness, and should secure It is notified in the Government ships should be the subject of increased support. Our players in Gazette that the following tenilers have negotiation between the Powers Northants have been taught in the been accepted."
right school, and we should not Messrs. Hop Kee of 378, Connaught concerned.
The Government will press for a tallerate men staying at the wickets Road Central, for the supply of pri- reduction without disturbing the all day playing for their averages. soners provisiona Washington equilibri Its ex-G. H. Drummond, an ex-captain as much as possible.perts favour reduction in size of Northants.
This cannot be done by any gen from 85,000 tons to 25,000 tons, and
eral formula or ratio. It must be of guns from 26 inches to 18 inches. Tommy Milligan would have beat the bject of conferences and of They also favour the lengthening of en Mickey Walker had he been
end of which is they shouk
at the
the age from 10 to 26 years;
The Government hopes that there will be an exchange of views on this od in subject during the conference,
Indeed, it would wish to
properly handled. He had Walker going" in the second round. But Led Harvey has never shown the aggressive attack of Milligan John Fearless.
Baboker is gaining in fav This is not hurprisin
traightforward
Messrs. A. Salmon & Son, for rattan furniture:
Jettoes Chalen Tables
$16.50 each
8.60 9.60
ITALIAN CONSUL-GENERAL
Commondatore Entillo, Manfred to t The King's Exchequer empowering
as Consul General for Italy at Home Koner has received the signature of His the King accordingly, the said Commends pas Emilio Maatred is the
Toodgland Conen)-General E at Hong Kong,
No comments yet.
Private notes are available after approval.