Page
INTIMATION
தந்த
A. S. WATSON
LIMITED.
ESTABLISHED A.D. 1941.
Co.
MANUFACTURERS OF
HIGH CLASS
THE HONGKONG DAILY PRESS, WEDNESDAY, JUNE 18T, 1910.
Four scolion were yesterday remanded on a charge of stealing two boxes containing goods from godown in Chui Lung Street worth
$1,000,
port last night as was expected. The dis tinguished visitors will probably only have time to look round the sity.
which hastened the inevitable downfall im- mediately a better-equipped nation claimed the opening of diplomatic relations with the country. Luckily for Japan her rulers soon realised that to hold their own with the The stay of the Dako and Duchess of West they must bring their country into Brunswick in Hongkong is likely to be short The German Mail steamer Yorck did not remah line with other nations, and the people, finding those bars which had formerly re strained them removed, immediately con tinued that course of national development which had been held in check for three hun dred years. Hence the modern armaments, the new industries and the great increase in complished, as has been naively suggested, "by command," but simply by the impetus which the increased opportunities of existence gave to early marriages, An ox
Rain prospects are being discussed with more than ordinary interest at present. Not only are the crops and the ground crying out for refresh- ing showers, but the community is praying for
TELEGRAMS.
[Protected by the Telegraph Message Copyright Ordinance, 1894.]
{RAUTER'S BREVICH TO TAB "HONGKONG DAILY PRESS."}.
INTERESTING EDUCATIONAL
REPORT.
LONDON, May 30th.
COMPANY MEETINGS..
will meet with your approval. Your property in written down to the lowest possible figure that the auditors would agree to. With regard to the stock-in-trade in particular, it is extensive,
A. 8. WATSON & CO., LTD. The annual meeting of shareholders in the abova company was held yesterday at the offices, up-to-date and fresh, and evidently meets with Alexandra Buildings. Mr. H. Humphreys pre-increased amount of business done. With thees public approval, if we may judge from the sided, and there were also present: Sir Hornsjeromarks I beg to preposs the adoption of the mittes), Mosers. E. W. Terry, J. M. E. Machado, putting this to the vote I shall, however, ba Mody and Hop, E. Osborne (consulting so report and accounts as presented. Before E. Seth, L. Gay, Dr. Clark, E. J. Chapman, pleased to answer any questions. J. M. Cubbin, A. H. Ough, Pang Shan-Clun, J. A. Tarrant (Acting Secretary),
The notice convening the meeting having The CHAIRMAN 38id-Gentlemen,-I propose
The Educational Settlement Com-been read,
and Statement of Accounts as read. You will note that" Extra Concession Lot No. 78 and the building thereon, Canton, $9,066," appears in the accounts for the first time. The Chinese-
No questions were asked, and the report und tion of the Chairman, sooonded by Mr. MEEAL soccante as presented ware adopted, on the ne
he ready on and after Thursday on application The CHAIRMAN-Dividend warrants will
attendance.
Ipopulation, this last result not being ac. | the rain which will remove anxiety concerning/mittee appointed in 1908 has presented to follow the ntual couras and take the Report { at this office. I thank you, gentlemen, for your
the water supply. Incoming ships report that an exhaustive report which proposes showers were experienced yesterday morning st Pedro Blanco and further along the cost a settlement based on the following Hongkong is eagerly awaiting the long-delayed principles: rain.
No child should be compelled to attend a denominational school against the wishes of its parents.
ÆRATED WATERS tra child in every family serves to swell a
to
Bee
population very considerably.
When we turn to Chim, Lowever, we fail any of those bars to de- PER Doz.velopment which operated in the case of 50 cents Japan. The Chinese are not a martial
THIS SEASON'S PRICES :
BODA WATER'...
. SODA WATER (Fomalay bottles) 50
POTASH, SELTZER & K. P.
SODA...
60
LEMONADE
65
TONIC WATER
75
LITHIA WATER
75
GINGER ALE
75
SARSAPARILLA
75
#
ORANGE CHAMPAGNE
75
LEMON SQUASH ›
76
RASPBERRYADE ...
75
SPECIALITIES:
STONE GINGER BEER DRY GINGER ALE
... 85 cents.
Piats 81.00; Splits 60 cents. LIME FRUIT CHAMPAGNE
Pints 81.00; Splita 60 cents.
nation-statement which is by no means intended as a disparagement and they have not been held in cleck by any form of feudalism. In fact the nation as a whole show that independence which is supposed to be only known to those living under å democntic form of government. That this
In connection with the Memorial Service at St. John's Cathedral it is interesting to record that the Colonial Secretary on behalf of the Government has written a lotter to the Church Body of the Cathedral expressing the thanks of H.E. the Offer Administering, the Government
to the Church Body and to the Rev. Mr. Thornhill, the oficialing chaplain, for the "xcellent arrangements mado on that occasion. The action of the seatholders in placing their scate at the disposal of the-Government-was also much appreciated by His Excelloney,
His Highness the Maharajah of Mourbhanj paid a visit to the Italian Convent yesterday and was greatly interested in the work of the
independence of bearing, which strikes all foreign observere, is founded on independ-institution. The Maharajak was received by ence of action is borne out by some remarks the Superioress, Mother Teresa Martinoia, His which recently appeared in the Peking Daily Lordship Bishop Pozzoni, and Chor.-Z. News, a Chinese journal printed in English. Volpicali, Consul General for Italy. A pretty The remarks are worth quoting in full: ceremony took place in the course of the visit when a little Parsee girl, Miss Beatrice Elios, on behalf of the pupils expressed their sense of the bondar conferred upon them in receiving such a visit. His Highness made asuitable reply.
Religious education should be re- garded, subject to the conscientious right of withdrawal, as an integral part of school life.
Administrative arrangements, should favour sincerity in religious teaching, which should show respect for various forms of belief among parents and teachers.
The report is welcomed by the newspapers of both parties,
THE DERBY.
LONDON, May 31st. The betting on the Derby is as follows:-
7 to 4 agst. Lemberg 2 to 1
Neil Gow 10 to T
bar two offered.
AMERICAN POLITICS.
"
**
Any one who has devoted some attention to Chinese history and the Chinese body politic need not be told that China is an absolute monarchy in name only, the proletariat really enjoying more liberty than The appearance of Halley's comet is causing that in many so-called democracies. Chinese some restlessness among Koreans, but it is history is roplete with instances where official neither to general nor so great as might be expected. This seems to be chiefly due, says a power has been utterly helpless in the face of Smil paper, to enlightenment given them by united popular opposition. Imperial com- missionaries and vernacular papers. Still some
LONDON, May 31st.. hands have been set at naught, Viceroys' superstitions men have misgivings about the
It is reported from Washington down and torn to pieces, and prefects and it as a sign forstelling the downfall of the pre-section of the warring Republicans proclamations have been fearlessly pulled-visit-of-the-comet, and it is stated that the
former Vice-Minister of Home Affairs regards that speculation is rife as to which magistrates have been mobbed, atoped and seat Imperial dynasty of Korea. He is unwill- killed. And in nine cases out of ten the peoing to see the fate overtaking it, and is now A. S. WATSON & CO..le won the day and gained the object of preparing to omigrate to Chiontas
Bottles will be charged for at the Rate of $1.20 por dosen, and credited in fall on being returned in good condition. .:
LIMITED,
HONGKONG, CHINA & MANILA.
[25
NOTICE TO CORRESPONDENTS, ONLY communications relating to the notes avium should be addressed to Tax EDITOR.
Correspondenta mud foreard their names and addresses with communications addressed to the Editor, not for publication Sut as evidence of good faith.
their opposition. In other words, voz populi is the lex suprema in China as it is in most Western countries; and unless the Imperial Government is prepared to face a local in- sturrection OP a wide-pread rebellion, attended with the usual outpouring of blood, its laet refuge lias generally been a plea of
nox possumULA.
하
After making due allowance for the exaggeration which so often creeps into statements opposed to accepted ideas, one All letters for publication should be written on caquot but acknowledge that there remains see side of paper only.
No anonymously signed communications that a substratum of truth-that the yoke of
inserted.
have already appeared in other papers will be government bears lighter on the Chinese Orders for extra copies of DAILY PRESS than it does even on those European nations should be sent before 11 am, on day of who are nominally under freer institutions. publication. After that hour the supply Certainly there have not existed, and there limited. Only supply for Cash.
Telegraphic Address: PRESS. Codis 2.A.B.C. 5th EX. Lieber.
P. O. Box, 84. Telephone No. 13.
The Daily Press.
HONGKONG, JUNE 1st, 1910.
داره
SUPREME COURT.
Tuesday, May 31st.
IN SUMMARY JURISDICTION, BEFORE HIS HONOUR MA. F, A. HAZELAND (AOTING PUISNE JUDGE).
CLAIM FOR GOODS SULD.
Áotion was brought by Yik Mui against Cheung Yuk Fui and others to recover the sum of $257.29, being balance due for goods sold and delivered.
Mr. M. Boader Firris (of Messrs. Wilkinson
Hinds (of Messrs. Brutton & Hett) appeared for the thres defendants.
& Grist) appeared for the plaintiff, and Mr,
Mr. Harris said the action was a simple one, Plaintiff sold to the defendants the implemente of a fishing station for $240. They paid $35 ez account, leaving a balance of $205 dae. In addition to that there was a running account for general provisions, and the defendants had sold fish to the plaintiff.
His Lordship--Is it a question simply of sccount?
Mr. Roosevelt will support on his return to America. Meanwhile the nominations for the November elec tions and the usual preliminaries thereto are entirely suspended.
THE KAISER.
LONDON, May 31st. The wound on the Kaiser's wrist is due to the lancing of a boil.
His Majesty is progressing nor mally,
AUSTRIAN ANNEXATION
APPROVED.
is
LONDON, May 31st. The Emperor Francis Joseph visiting Bosnia and Herzegovina. He made a solemn entry in Sarajevo, the capital of Bosnia, and was received with acclamations by the crowds
Mr. Hinds-Partly accounts, but I have a which thronged the decorated streets.
legal defence.
Mr. Harris Your Lordship will remember
a
that my friend entered an appearance to file protest at one time, and at another time he got permission to file a counter-claim, but had not done so yet.
Mr. Hinds-I may ask for an adjournment to file a counter-claim.
He must bring his counter-claim after the guish Mr. Harris-My friend cannot do that now.
of this case.
Evidence was called and the hearing adjourned.
KOREANS IN SAN FRANCISCO,
REFUSE TO BECOGNIZE JAPANESE CONSUL
The Emperor, in replying to an address, said he valued the reception as a proof that loyalty to the dynasty had taken root in the country.
LOCAL SPORT.
LAWN TENNIS LEAGUE,
CRAIG KGÓWER *. CHINESE YİMLİCİA.
Played at Happy Valley yesterday afternoon. Scores:-
K S. Holmes and H, W, Petorzon best Ko Po Shum and Ng Sae Tuen 65, lost to Mobler and Wong Po Keung 5-6; and to Wai Wing Lek and Wong Po Kea 5-6.
property.
How To Chan, Wong Kung Yoo, A. R. The notice convening the meeting having Lowe (auditor), and A. Charlton (searotary),
been read,
The CHAIRMAN anid:-Gentlemen,--The
ranse over the
H. PRICE & CO. landlords would not grant another lease of the the above company was held yesterday at the The third annual mesting of shareholders in promises except at a prohibitive rent, so your General Managers with the approval of the offices in Queen's Road Central. Mr. P. Consulting Committee decided to buy the Loureiro presided, and there were also present:
building thereon, has been sold for $165,000,
Marine Lot No. 20, with the Chan Kai Ming, director, E. Kadoorie, Lau Po Mesars. A. Rumjahu, superintending director, and will not again appear in the balance sheet. The difference between $165,000 and the amonat it stood in our books last year, viz., §173,917.82, amounts to $8,917.82 This eam roproseuts money formerly spent on improvements to the report and accounts having been in unde factory building now sold, so has accordingly for some days, I take it that I ny assDIEND, been transferred to Building Improvements as usual, that you will not desire to have them account. We shall comments the erection of a business for the period under review showed a raad. It le very satisfactory to observe that your new factory at North Point, more suited to our substantial increase over that of the previons needs at once. The Hankow Branch was sold year, and that from the commencoment of as on 31st December, 1909, at its book value, rear up to this day a decided inores
this and the amount of our general liabilities has corresponding period of last year has takeu been correspondingly reduced. Our policy in place. I see no reason why our business should the faturs will be to concentrate the business been to offer our customers and the public not continue to develope, us onr policy has ever moro, and to close as opportunity offers all the generally the best valus. In small European branches not immediately ad-
the passing of the Liquors Ordinance our ex consequence of jacent to Hongkong: as such branches, in addition poses have been somewhat increased owing to our being compelled to keep additional rate of to being difficult to supervise, are dependent hooks and having a special licensed warehouse largely on the personality of the particular for storage of dutiable goods, which necessitated individual in obergs for the time being. If, as our engaging extra clerks, etc, Our Agencies often happens in the summer, he gets sick, we increased business, and we hops before the in Macso and. Canton are also doing an have to send relief from Hongkong at the very year closes to open up agencies or branches time of the year we can least afford to part within two or three places in the South... any of our men, and the business sufers in Gentlemen, before moving the adoption of the consequence. At car last Annual Meeting the 1909 I shall be pleased to answer any question report and statement of accounts for the year Chairman_referred to the falling-off in the that may be put to ma to the best of my ability. retnine of the Bund Branch of Mactavish & There being no questions, the report was Lehmann and to the decision of the General adopted, on the motion of the CHAIRMAN,.
Until, however, the lease expires on 31st Dec., May last year and the stock transferred elswhere. gentlemen. Thank you for your attendance. Managers to close it. This was done on-31st couded by Mr. KADOORIE.
The CHAIRMAN--That concludes the basinem,
1911, further though smaller losses will have to be faced in connection with this branch. Unfore tunately during the year pinder review the loss
of
The report is a follows:--
***
$16.803.00 5,611.00
To write off goodwill account... To carry forward to next account. 1,923.67
The Directors have the pleasure to matmit their Report and Statement of Accounts for the year ended 31st December, 1909, at this branch has been coincident with smaller $23,664.07, to which has to be added the balance The net profit for the period amounts to profits in the North and also in South Chins, brought forward from 1908, 9670,80, leaving Hangkong and Menika. The low rate of exchangé | 824,334.87 at the credit of Profit and Loss which ruled during the year, the largely Account, which the directors propose appre increased rentals we now have to pay for many To pay a dividend at the rate of 14
priating as follows:---- our business premises, and increased
per cent. per annum for the year, losses on eubsidiary coinage hava combined to
viz, -81.40 per share on 12,000 bring about our poor results. To these may be
shares, absorbing members of both the European and Chinese added "wages," which as regards individual
staff ever tend upwards. Fortunately the low prices we are now compelled to charge as a result of the keen competition we have to meet from both Europeans and Chinese have in several instances been productive of a larger turn- over. The question of retrenchment has engaged the earnest attention of your General Managers for some time past and considerable economies have already been effected. As the profits for 1909 were less than $63,000 the General Mana- gers, in accordance with Article 80 of the
5
Articles of Association, are not entitled to their per cent, commission; and for the same reason. the Consalting Committee, in accordance with receive no remuneration. This year has started Article 93 of the Articles of Association, will
better than last, so that we have reasonable grounds for hoping that we shall be able to some before you next year with a better report.
I
have nothing further to add, but if any share- holder has any questions to usk I shall be pleased to answer them.
No questions were asked, and the report was adopted, on the notion of the CHAZEMAN, seconded by Mr. Oven.
The CHAIRMAN moved, and Mr. CHAPMAN seconded, the confirmation of the appointment of Bir E. Moor to the consulting committee. Carried.
Messrs. F. Maitland and W. Hatton Potta were re-elected anditors, on the proposition of Mr. E. SETH, seconded by Mr. MACHADO, The CHAIRMAN-That is all the business, gentlemen. I thank you for your attendance, Dividend warrants are now ready and can be had on application.
$24,334.87
In addition to the above amount of $5,511,00, which the directors propose writing off against further write down this Account to 850.000.00 goodwill, they propose with your permission to by transferring the acount at credit of special reserve, $5,000.
Lowe, Bingham & Matthews.
The scoounts have been audited by Messrs.
PLOUREIRO, Chairmas.
Hongkong, 10th May, 1910.
་
PROFIT ANN LOBS ACCOUNT.
For the year ended 31st December, 1909.
Dr.
To depreciation of furniture 12
months at 10 per cent. p.a.
To directors and auditors' fees To reserve for bad and doubtful debts To balance transferred to balance.
sheet...
By balance as per inst
account
...810,270.80 Less dividend at 8 per
cent, as per last report 9,600000"
By working account, proit on trad
ing for year to date
$560.69 3,000,00 2,950.00
24,334,87
$ 30,845.56
670,80
30,174,76
$30,845.56
BALANCE SHEET, 31ST DECEMBER, 1909. LIABILITIES,
Nominal Capital:-15,000
shares of $10 escl ..81.50,000.00 Subsoribed capital12,000 shares
of $10 each fully paid up Sandry creditors (including tax-
porary Bank overdraft)
reserve (***
Reserve for bad and doubtful Debts-At
...$120,000.00
do not now exist, in China those bara to progress which prevailed in Japan up to fifty years ago. It seems to be commonly HowaXONG-OFFIC: 10A, Dal Veer ROAD C believed that it only required a reform in LONDON OFFICE: 131, FLMET STERNT. EC the laws and a reform in the administration to make China a progressive country; but if the above quoted remarks have any weight then it is the apathy of the people which is at fault, not the apathy of the rulers. All the means for the development In spite of the assertions made from time of China's resources have been forced upon to time as to the "awakening" of China her by outside pressure; it is to the Western and the evidence put forward in support of nations, whose example Japan is now these assertions, one is often inclined to following, that China owes what small doubt whether China will ever awaken from amount of Western civilisation she has. On her long sleep purely of her own free will, China's side there has been no initiative What the term "awakening" precisely signi.This fact is even recognised by the Chinese fies is not very clear, although apparently authorities themselves, for what is the some such revolution as that undergone crusade against opium but an attempt to by Japan within the last half-century is shake off the deedly national apathy, implied. The cases of China and Japan are ascribed to the effects of the drug ? totally different, however, Briefly, Japan's
It is to be feared, however, that
R. Basa and L. A. Ross boat Mohlor and Superintendent G. B. Baldwin of the San is a case of retarded development-retarded deeper causes are responsible. In spite of Francisco census district has sidestepped an in- Wong Po Keang 8-3; Ko Po Sham and Ng not through the sluggishness or lack of
the alleged vital force of China, one is tempt.ternational complication, says San Francisco Sze Yuen 8-3; lost to Wel Wing Lok and
paper. The large colony of Koreans in that Wong Po Kae 4-7. ed to accept the dictum of Dr. DRAPER, that city and Oakland refuse to take orders from the initiative of her people, but through the the condition of China is the result not of as authorities all the desired information and Wong Po Koung 7.4; Ko Po Shum and
L. E. Lammert und P. Japanese conenl-general about giving the Unit
Currie beat Mobier peculiar form of government which obtained. Japan was a martyr to the mattis! spirit notions are suffering under a delusion when cognize the Japaneze coneul in
system, but of old age, that the Western about them for the consus. They do not re- Ng Szo Ynen 7-4; and Wei Wing Lok and which still formis ao large a part of the na- they think they can convert her to their respect, but want to do what is desired of will have nothing to do with him at any
anything and Wong Po Ked 5-5. tional character, and the truth of the maxim modes of thought or infuse into bor stagnat-them by the United States Air lingly, they 43. that those who live by the sword shall being viewer portion of their enterprise.
have designated end of their ruled by the sword is well borne out by her
has the English name of W. H. Leigh, to KING OF SIAM WILL ESCAPE. Besist Baldwin's history. Cases whore development has been
enumerators to connt all the Cholera is very prevalent among the native
oreans. thereabouts.
Baldwin has gladly
United States District Attorney Dreckons retarded by such means are not uncommon population at Saigon.
Leigh's services without in any way will not cause the arrest of the King of Bism taking sidee between the Japanese and Koreans for two reasons: Kings, whether they have in history; practically it was the condition
over what is to them the burning question of one wife or forty, are not subject to arrest in report and accounts are in your hands, of France up to the time of the revolution. New Territory appeared before Mr. Hallifar at a graduate of Roanoke College in Virginia and speed limit or beat their forty wives without them as read. We commenced the your with Six mon charged with armed robbery in the Korea's domination by the Mikado. Leigh in the United States: they may even exceed the and, with your permission we will take Japan, however, secluded from the world. the Magistracy yesterday and were romanded. is at present engaged in preparing an English. boing amenable to the laws; also the King of had not to carry on expensive wars to
Korean dictionary. He has promised Badria Siam will not come to Hawa at all, says a improved prospects, and I am pleased to inform maintain her position, and thus, when the
Before Mr. J. R. Wood at the Magistracy to count all the Koraans in town and those who Hawaiian jourm, but will land in Seattle you that our volume of business has been much system dropped to pieces, as it was bound/esterday seven shopkeepers were fined $5/ have gone to Alaska for their entamer work in And Seattle, of course, would not stand for the larger than the previous year. In order to mast Stook on hand (ralned by Co.w
apless for selling goods outside the Central addition, he is to count the Koreans in Oakland arrest of the only king she ever saw. to do sooner or later, the internal commo Market.
for the census superintendent there. In both The King of Siara may be a bigamist; in fact, increased competition we had, however, to tion was comparatively trifling. The feudal
cities there are several hundred of these people, his ncssession of forty wives would seem to put considerably reduce our prices all round and him in that class. He may or may not be an this, fakon in conjunction with a loss of some régime in Japan would probably have lasted The reported sale of the premises presently
counts allowable HOW TO BE BEAUTIFUL-Keep your Com undesirable citizen, and his forty wives may $2,000 in exchange as against a profit of longer if her rulers had taken precautions to factory is confirmed by the announcement in Charmant and Special Skin Touis and Pondrs so far as Hawaii is concerned. Mr. Brk for the smaller profite shown. Nevertheless Cash: At bankers i.
oncupied by A. §. Watson & Co.'s rated water plexion, Mrs. Ellen's Crime Charmante, Lait come in the same class. But they are all safe, Over $3,000 in 1908, accounts mainly Payments in advance,... make those adaptations to the environment the Chairman's speech yesterday that the build. Charmant will enable you to do it Her of course, recognizes the fact that to pack a which national life, no loss than individual ing of promises at North Point is to to com- Specialities for the Skin' are the study of a king would put a feather in his official cay, but your Directors have agreed to fulfil......... In hand,,,
listime, A. S. Watson & Co., Ltd., Sole Agents, as the king and his harem are not coming to last year by declaring a dividend, which we trust he will have to forego the pleasure-especially the promise made at the annual meeting life, demands; it was their failure to do so menced forthwith.
Honolulu after all
who
1467
Craigengover 65 games; Chinese YMCA,
WATKINS, LIMITED.
shareholders in Watkins, Limited, was held at The eleventh ordinary annast meeting of the Company's office, Queen's Road, at noon yesterday. Mr. G. A. Watkins presided, and there were also present: Masers. A. E. Lowe, Chon A Fook and §. D. Mohal.
Mr. CHAN A Foos, one of the General Managers, read the notice convening the meeting.
The CHAIRMAN aid:Gentlemen,The
31st December, 1908... $2,055.05 Deduct bad debts writtan
1,074.61 oir during 1909
980.44
3,000.00
Add transfer from profit
and loss account...
Proft and low account.
ASBETŲ,
Furniture, fittings and machinery:--- At 31st December, 1908 $5,621.90 Less depreciation for the
year...
560,69
5,061.21
101,971.24 5,000.00
3,980,44 24,334.87
$255,226.56
Additions during the year 668.34
* 5,729,55 Goodwill, as per last falsace sheet
(paid for in shares)
60,611.09 officers)
Sundry debtors
...109,621.64
76,882:16
Less reserve for dis-
1,000.00
75,882.16 2001464.38 106.1392
1,871,504 10%
1,977,73
$255,286,55
No comments yet.
Private notes are available after approval.