1938-06-07 — Page 16

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THE CHINA MAIL, JUNE 7, 1988.

17 Days HONG KONG to VANCOUVER BY

!

DIRECT EXPRESS ROUTE FROM YOKOHAMA 18 DAYS VIA HONOLULU, PARADISE OF THE PACIFIC

Air-conditioned equipment on C.P.R. Trans-Continental Trains. Frequent Canadian Pacific Atlantic sailings to European ports.

TO MANILA

Empress of Canada on FRIDAY, June 17th.

Canadian Pacific

A

Union Building

SPANS THE WORLD

Telephone

20752

KAIPING COAL

HOME,

FACTORY

AND

BUNKERS

FOR ALL PURPOSES.

POWER

HOUSE,

TUGS &

LOCOS

THE KAILAN MINING ADMINISTRATION

Head Office: TIENTSIN.

Agents:-DODWELL & CO., LTD., Hong Kong.

G. FALCONER & CO. (HONG KONG LTD.) WATCHMAKERS & JEWELLERS, DIAMOND MERCHANTS, UNION BUILDING (opposite G.P.O.)

Agents for:-ADMIRALTY CHARTS, ROSS". BINOCULARS and TELESCOPES, KELVIN'S NAUTICAL INSTRUMENTS,

* ENGLISH SILVERWARE Direct from Manufacturers,

High Class English Jewellery -

IN THE ROB ROY COUNTRY. Climbing up the slopes of Stob Garbh, Perthshire, these-climbers were fully rewarded for their ̄ef=" fort by the wonderful scenery laid out before them. Stob a 'Choin 'commands admiration as it towers above Inverlochlaraig, the farm

houses of which appear like' tiny specks far below. Rob Roy's house was situated here. (Copyright).

PEAK TRAMWAY

MEETING

a

A large increase in traffic re- ceipts, offset to an important ex- tent by the cost of erecting concrete retaining wall at the point of a serious landslide which occurred last August, was nounced by Mr. D. E. Clark, pre- siding at the annual meeting of shareholders of the Peak Tram- way Company.

an-

-PURE

INVENTION

Berchtesgaden, To-day. Rumours circulating in foreign countries to the effect that the Su- detic German leader, Konrad Hen- lein, had been staying in Obersalz. berg for the purpose of conferring with Adolf Hitler, were declared by authoritative quarters here to be a pure invention from A to Z.

-Trans-Ocean.

previous year and do not, I think, The Chairman said:---After call for any special comment from several years of falling revenue it me. is a pleasure to record an increase I now formally beg to propose in Traffic Receipts for the year, of

that the amount available for ap-

$13,773.54 or approximately 10%.propriation, viz., $47,839.47, be Profit, however, is only $2,293.67 allocated as follows: Pay a divi- over the preceding year due to the dend of 5% on 25,000 shares Fully large increase under the heading Paid Up $12,500; Pay a dividend of "Maintenance & Repairs," to which 5% on 50,000 shares $5.00 Paid Up

$12,500; and I will refer later.

The rise in Traffic Receipts is, no

$22,839.47.

carry

forward.

Mr. P. C. Potts seconded and doubt, largely accounted for by the the resolution was unanimously

influx of refugees due to reasons.

OTHER BUSINESS

of which you are well acquainted. approved. An added factor. however, is the cheap return tickets issued on Sundays which have proved in- creasingly popular..

Sir Robert Ho Tung, Mr. J. Scott-

The large increase in Mainten-Harston, Mr. L. Kadoorie, Mr. D. ance & Repairs account is nearly F. Landale and Mr. H. V. Wilkin- all accounted for by the cost of son were re-elected to the Board building a reinforced concrete re- of Directors. -

taining wall at the point of the landslide which took place last August just below Barker Road Station

ALMOST PERPENDICULAR

It occurred at a point in the line where it was most difficult to deal with the hillside abutting right on to the track and being almost perpendicular; The work is not yet completed, but the cost, ap- proximately $9,000, has been fully allowed for in the accounts before you. Typhoon damage is included

8

cost of about $1,000. Wire Ropes were also more costly

at

Messrs. Lowe, Bingham and Mat- thews and Messrs. Linstead and Davis were re-elected auditors for the ensuing year.

Mr. D. E. Clark was in the chair and was supported by Mr. D. F. Landale and Mr. H. V. Wilkinsom (Directors) and Mr. J. L. Quie- (Secretary).

The following shareholders were also present:-Messrs. P. C. Potts, A. H. Potts, W. C. Lee and J. E. Jupp.

From the Balance Sheet you will notice that the amount owing our Bankers is some $26,000 less. The Other items are very similar to the

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