TEL GRAMS.
THE REUTER'S AGENCY.) OBSTICTION IN THE HUN- GAN PARLIAMENT.
PORED SCALE OF FINES.
LONDON, March 5th Government at Budapest has in- breed into Parliament now Standing
SANDOM REFLECTIONS.
THE HONGKONG DAILY PRESS, MONDAY, MARCH 10TE, 1913.
HONGKONG & KOWLOON WHARF & GODOWN CO., LTD.
PRESENT POSITION AND FUTURE PROSPECTS.
that at which the property now stands in the hooks of the Company.
accommodation
in thei
COMPANY MEETING, HONGKONG HOTEL COMPANY, LIMITED.
The ordinary mocting of the share bolders in the above Company took place at the Hotel on Saturday, Dr. J. W. There were also present: tors) presiding. Noble (Chairman of the Board of Direc..
Messrs. Hutton Potts, J. W. C. Bonnar and J. Scott Harston (Directors), F. O. A. Weill, J. H. Taggart (Manager), Shi Maitland. M. S. Northcote, J. Walker
C. Mooney (Secretary). Po Sham, Lai Chan, Fung Fat Hang, and
The notice convening the meeting hay-
been read,
O chiofly designed to prevent ob.cantile community of Hongkong, an ts tim of the Company, since the recont sale the Revolution, bankers and, merebants in CHAIRMAN said :--I will with your
otion of Parliamentary business. The ders include fines of £ to be imposed members reprimanded; 16s. daily on ambera auspended; and £20 if a member
WAS
filth
who has ton suspended re-enters the worthy successor to Mr. Osborne, who was concern held such inherent potentialities Inasmuch as the earnings of the Godown
We have had it publicly stated within the past month (ide the report of the The appointment of Mr. E. Shollim to
meeting of the China Provident Loan. the vacancy on the Legislative · Council
The vicissitudes through which the and Mortgage Co.) that the demand for caused by the departure of Mr. Hongkong and Kowloon Wharf and warehousing
we consider the Osborne is regarded with satisfaction by Godown Co. has passed since its forma Colony is exceeding the supply. This fact the foreign community. Mr. Shellim is tion makes the reading of the report of is self-evident when not altogether without experience of the proceedings at the annual meeting circumscribed area of the Island and the of shareholders held on Wednesday last limited deep water frontage on the we have a limited aren of land and on the local government, having her for sout all the more pleasant. On the principle peninsula of Kowloon. On the one hand years, member of the Municipal Council that there is no need for painting the rose of Shanghai, and as his Iusiness capacity or colouring the lily, the Chairman sub-ether an ever-expanding volume of trade mitted a severely plain statement of facts yearly. There is every indication hat, pencerning the immensely fortified, posi-large as tu trade of China has been since is recognised by the banking and inor- shown by the fact that he is Chairman of a portions of its properties and the ale providing for large development of
The kitchen, of the Court of Directors of the Hongking acquisition of the "Police Basin" is the import trade into China in the permission follow the usual custom and It was, perhaps, wise of the Directorate loan of the capital she needs--as she must There is nothing in the accounts that
formerly ori the and Shanghai Banking Corporation and part of the bargain with the Government immediate future. When China obtains the take the report and accounts as read,
nos to have indulged in any high within measurable distance of time-the calls for special mention.
trade will most which
to the exceed all anticipations, floor, has been moved down is on the directorate of a number of
first floor, and that portion of the build- account of last year's stewardship. The assuredly important companies, he should prove a falutin phrases in presenting their expected impetus to
converted into living rooms with private once described by H.E. the Governor as that those who chose to stick by it in its Company are influenced by the volume of ing from which it was removed has been Varying fortunes in past years have at trade in and passing through liongkong, bath rooms attached. These are now oc- last come to realise that their investment the balance sheet of the Company un ler cupied and have become a revenue-pro- the embodiment of commensense.
When one recollects the difficulty in in the stocks of the Company cannot be comment may be accepted as the mercury ducing section of the premises.
The mis- Cology. DEVELOPMENT.
getting Hongkong to “enthuse" over any regarded as otherwise than in the nature in the commercial barometer of the lounge is being more appreciated and has!
of "gilt-edged securities." project it must come as a surprise to find fortunes that overtook the Company LONDON, March 9th.
of 1906-led to a much-needed augmenta- The Ricchatag han passed a credit of that the annual exhibition promoted by seven years ago-in the great typhoon tion of capital wherewith provision could It is be made for underwriting the risk of loss $10,000 for cotton cultivation in East the Hongkong Horticultural Society
pleasant to find the love of horticultural and damage to which the properties of Africa. Herr Bolf, the Colonial Minis-proved such a success this year.
other ways the financial position was pursuits manifested by so many, even the Company are always subjected. In though much of the work is done by strengthened by the reduction of the over- proxy, but perhaps the explanation of the draft with the Bank, which has since been success of the Show is that the Chinese practically wiped out by the completion themselves take a greater interest in this of the sale of the land south of Balisbury society than they do in other organisa-Road for the Railway Terminus. tions started by Europeans.
House.
GERMANY'S COLONIAL
ter, remarked that Germany must follow England's lead in competing with Ams rica. The House passed a resolution in favour of adequate provision for cotton growing in the supplementary estimates.
THE BALKAN WAR.
LONDON, March 9th. The Turkish prisoners at Epirus total 100,000.
QUEEN ALEXANDRA'S JUBILEE.
LONDON, March 9th: Queen Alexandra celebrated her jubilee The quietly at Marlborough House. Recorder read the City's address, to which Hor Majesty made a gracions reply. Members of the Royal Family paid visits of congratulation.
INTERNATIONAL LAWN TENNIS.
LONDON, March 8th.
A telegram from Sydney, states that Wilding, Jones and Doust have beor contest the Davis Cup. selected to
The Brookes will be unable to go. Association is arranging to play the preliminary match against the United States in England.
FAREWELL PRESENTATION TO FATHER SPADA.
The Club de Rearein was crowded yesterday, when the many friends of Father Spada assombled to wish him farewell and to witness the ceremony of the presentation to this popular priest of Father Spada an illuminated address. has been appointed to the important post of adviser to the General Mission to Chion, and leaves for the headquarters at Milan on Wednesday, to the sincere regret of everyone to whom his genial personality was known, after 21 years in the Far East, 18 of which were spent in Hongkong.
It was too bad of the naval authorities to have their big guns booming in the silent watches of the night or the old A man's temper is not grey morning. improved when he is roused from his sleep and asked to explain the meaning of that awesoine wound to the sharer of his joye and sorrows. Of course, everybody knows what the naval and military people have been doing this week, but I must on no account mention it. Our authorities are very susceptible.
A fortnight age it was announced in the Government Gazette that all non- Chinese persons resident in this Colony are liable to arrest if they cross the border line of the New Territories without a passport, and adding that British subjects who desire to obtain passports, should address themselves to H.B.M.'s Vice Consul at Canton forwarding at the same time the necessary fee of $1.20. In October last the point was raised in the Daily Pres that passports were not required by foreigners proceeding inland from ports open to trade to a distance not excrerling 100 li (roughly just over 30 miles), though, of course, permits to shoot had to be obtained from the It was argued territorial authorities, then that Hongkong and Macao were ports open to trade within the mean- support of this it was mentioned that ing of the torm in the Treaties, and in Inscording to an official list issued by the British Legation, Lappa and Kowloon appeared among the treaty ports and places opened by China to foreign trade," privilege under notice applied as much the inference "being that the Treaty to the places as to others.
On this point the Hon. Mr. Ross and his colleagues on the Board of Directors did speech from the chair at Wednesday's not err on the side of prolixity in the meeting. The Chairman might, a least, have added that, apart altogether from the immediate direct benefit to the Com- many by the cash payment it seived for the parting with its south-eastern-most property, the advantage accruing to the Godown Company by having the Bailway cannot, at this stage of the commercial Terminus brought literally to its gates development of the peninsula, be assessed in the true value of dollars and ceuts If it had been decided to have the Railway Terminus at Blackhead's Point, as at one time proposed, or on the waste reclaimed land at Honghom Bay, requires no great stretch of imagination to realise the prejudice the Godown Company was likely to
suffer (to the immediate advantage of its competitors) from being so far removed from the contiguity of the great sidings planned for the terminus of a line destined to connect with the trunk line to North China..
What Howrah is to Calcutta, Kowloon: will be to Hongkong; and as Calcutta will ever remain the great commercial capital of India so is Hongkong fated to hold its pre-eminent position in reg vrd China to the trade of the world with South
The above, general eritical observa tions may be enlarged to include a few figures (probably intentionally omitted from the Chairman's speech) in elucidation. of the present-day enormously increased capital value of the Wharf and Godown Co. The value of Land and Buildings at Fowloon is stated al 82,961,677.77 appor ings, $1,632,575.03. tioned as to Land, $1,332,092.24; Build
The Company own 910,389 square feet at Kowloon which, at $4 a foot, a moderate average market value to set on value of buildings, $1,632,575-total value, the land, should yield, 83,761,356, plus
and above the book value. This bub- stantial intrinsic appreciation divided by $5,393,981; or an excess of 32,429, 264 over
60,000 (the number of shares), shows a If this contention he correct, it would capital appreciation of $40.50 per share, On the showing of the the good-will. appear that non-Chinese persons travel leaving out of coast the higher value of ling more than ten miles beyond the balance sheet, the capitalized value of the border should frst obtain a passport.stoak at the present time is not less than $90.50 for every share of the face value Foreigners who travel, say, to Canton. without having obtained a passport are itself a treaty port, by rail or by river, 250 incurring a considerable risk of being put to some inconvenience should they be stopped on rente. The Chinese President of the Club (Mr. A. authorities, however, have been quite com Rosa Pereira) made the presentation. placent on the matter up till the present, He said that when the news reached them and have doubtless good reason for not at their beloved friend and counsellor hampering a traffic which is profitable to was going away it made their hearts very the counter.
were deeply All the residents gore. sorry that he was about to take his
The address, which was signed by over 2,000 people of various nationalities, was enclosed in a special case of beautiful
ornamentation. ilver Right Rev. Bishop Pozzoni and Father Lynch were among the large gathering.
The transfer from the Government
LOCAL SPORT.
LEAGUE CRICKET
KOWLOON 2, CRAIGENGOWER CLO
X.
This League match was played at Happy Valley on Saturday and resulted CRAIGENGOWER. in a win-for-Craigengower Boores
$4 E. I Brage, & Macaskill...... W. H. Viveash, e Evans, b Macaskill & A. G. Carvalho, Macaskill L. A. Rose, a and b Macaskill JVC
Brage, h Macaskill
G, A. Hancock, run out
H. H. Taylor, e House, b Dixon H. Basa, e Raven, b Macaskill R. Pestonji, c Macaskill, b Wenser W. H. Warrener, not out Chunyutt, b Macaskill
10
91
6
0
0
Extras
26
Total
114
Bowling Analysis.
0.
R. W.
Macaskill Dixon Woaser
44 15.3 0
9
0 0
17
1
14
6
4
14
KOWLOON.
W. E. Dizon, Taylor Eng. Lt. Smith, b Taylor H. S. Rouse, e and b Taylor F. J. de Rome, ..., Taylor J. H. Mead, ̈
and b Taylar
A. B. F. Raven, e Braga, h Taylor... 18.
P. Wilkie J. Brage...
W. T. Elson, h Taylor
0
3
K. R. Macaskill, o Rose, h Brage
13
W. L. Weaser, not out
B. Evans, b Taylor
Extras
Taylor Bragon Pestonj
Total
Bowling Analysis.
0. M.
11 0
2
2 22
HONGKONG " T- BTAFF AND DEPARTMENTALB.
STAFF AND DEPARTMENTALS,
Sergt. Worswick, st. H, Hancock, b
Mane
.0
Qr. Master-Sergt. Davies, h Dodwell, Capt. Robertson, c Dodwell, b Mons 0 Major Bowen, h Dodwell Staff Sergt. Kirby, h Mans
Rer. Foster-Pegg, c Dodwell, 6 Mars 11 Pte. Hooper, i Dodwell
Lance Corp. Shunders, b Man Pte. Riley, h Dodwell Pte. Bartholomew, not-out Sergt. Coy, run out.
Extras
14
12
The
INTIMATIONS
BRANDY IS
HEALTHFUL
in the opinion of your Board fully justi
The Rich Boquet Starts the fied the expenditure nccessary for ita
We And, however, it is too Gastric Juices Working and the creation.
warm effects starts peristalsis and
digestion,
TRY GEO*
SÓLE AGENTS :
small, and
it to the outside wall pleted for extenements have been com of the building. The alteration will re- quire no structural changes and will be
effected. The popularity of the aid rill
haa far exceeded expectations. Plans are now being prepared for our SAYER'S BRANDIES. consideration which, if adopted, will en additional floor much needed and, of 15 x 45 feet. large the present room by adding an This extra space is while not costly, will be an improvement. Another alteration which will soon be undertaken will take the form of an arched skylight of stained glass to re- place the dingy glass skylight now cover- ing the hall leading into the main dining room, This new skylight will be similar in character to the one over the stairway leading from the ground to the first floor. In the ladies' dining room there will be placed a domed skylight of stained glass, which should add greatly to the comfort of the room, as it will afford better, ventilation, as well as add to the appearance of the room, at the to enter same time permitting more light
A new than is at present possible. launch, eighty feet long, has been ordered and will be completed in about four months. The new launch will have greater carrying capacity for both pas sengers and luggage than our old launch, which has been inadequate for some years. We have recently purchased a motor This launch for light harbour work,
H. RUTTONJEE & SON,
Wine and Spirit Merchants.
latest acquisition will effect a saving in fuel, as well as facilitate our work on busy days. Since our last meeting there has been change in the personnel of your Board. Mr. J. W. C. Bonnar, who occupied a seat on the Board several years ago, and who is thoroughly conversent with the duties, was invited to take the seat left vacant by the resignation of the Hon. Mr. Osborne. Mr. Bonner's ap- pointment requires your confirmation. ZEISS
Mr.
F31.
PRISM.
BINOCULARS
AT HOME PRICES:
£10.10.0
(new model)....., £10.10.0
22
£9.5.0 26.10.0
6.
(large field)...... £7.10.0
6
£6.0.0
6
(small model)
£5.18.0
£5.8.0
Osborne has retired from the Board and left Hongkong for England, where he will henceforth make his home. Mr. Osborne's retirement requires more than a mete passing mention. He joined the Board early in 1694, at a time when the Hongkong Cricket Hongkong Hotel was at its lowest ebb. 16 Power Played on the
The Com ground on Saturday, the home team win-The profit and loss account in the balance The salient feature of the game was the debit balance of 810,370.17.
8 ning easily by 123 runs and one wicket, sheet dated March 3rd, 1894, showed a 12 brilliant display by A. A. Claxton, who pany was heavily in debt, and a second 12
furniture. The shares were then quoted in the market at $16 each. By dint of hit three 6's, and eleven 4's in his total mortgage was about to be placed on the perseverance and much strenuous work, the new board of directors (of whom Mr. of 70. Score and analysis:---
Osharne formed one), which came into being about that time, succeeded in plac ing the Company on a stable footing. As showing the difficulties which had to ho faced, I may mention that during a very stormy general meeting held on March 16th, 1994, an effort was made to bargain with the hourd of directors; the terms being that unless they all resigned the accounts would not be passed. Osborne as a member of the new Board I could always be depended upon when hard work had to be done; he never shirked work or neglected duty. Hongkong Hotel, through Mr. Osborne's retirement, has lost the services of one who gave of his best for the benefit of the Company. By his departure you have lost an earnest worker, and the Colony a valued citizen, one who will be missed and whose place will not be readily filled. I am sure you will all join me in wishing him well, long life and happiness, and in thus publicly extending to him, for his long years of service and labour, a few words of thanks. Of thanks, I fear most Mr. of us are, usually, too sparing. Potts, who has been associated with the Company for a great many years, goes Home shortly on six months' leave of absence and will return to us again in the autumn. Before proposing the adop tion of the report and accounts I will be pleased to answer any question you' may wish to ask.
to the Company of that" wedged in" piece of land between the Company's s properties known as the Police Basin wast referred to by the Chairman as apparently
a quite incidental and minor affair. To one claiming some slight knowledge of land values in Hongkong, the acquisition of the Police Basin area, giving, as it does, a continuous water frontage for the business of the Company, is pregnant with immense advantages to its share
munity to regain possession from the holders. Old residents in Hongkong will Lords of the Admiralty of the "wedged in" remember the futile efforts of the com Since the opening of the new Courts marine lots between central an eastern of Justice our attention has been drawn praya, when the construction of the on two or three occasions to the indignity electric tramway was first mooted and the arrest through being marched the day. They know also to their own heaped upon possibly innocent persons Praya East Reclamation Scheme was on manacled and under police escort from cost what is the. Colony's logs by having the gaol to the Court, and now that the the Naval Docks and yard cutting into Magistracy business is being conducted a continuous coast line from west to east. in the old Supreme Court building the Had the Police Basin at Kowloon re- grievance is accentuated, because it means mained Crown land liable to alienation that all persons under arrest have to be to the highest bidder, with the knowledge brought through the streets under escort that large and financially powerful to stand their trial. It has been repre- foreign importing firms have all along sented to us that the British law regards cast longing eyes on any available marine all men innocent until they are proved lots for the erection of go lowns and guilty, and that it is intolerable that men wharves, the odds are against the Hong who have been arrested, on incorrect inkog and Kowloon Co, coming into posses formation should be marched through the public streets as felons.
ander
Before I leave the subject I might ask departure, and the Portugues: especially why the British Consulate at Canton would feel the severance mat keenly. They would be losing their rest friend. should announce that the proper fee for Everyone knew the amiable and charita passport is $1.20, when passports are able way he had treated th-whether issued from the game. Consulate at Canton it might be in spiritual temporal for $2.50 † matters. They felt very grai ful to him for all it had done for them. He and much pleasure in handing to Father Spada that address. as a sign of the sincere affection they all felt towards him. At hoped he would have a pleas ant voyage, that he would be successful in his new apintment, and that happi ness would follow him. Their thoughts and their hearts would always accompany him wherever be went. They hoped that Father Spada would never forget them, and that he might be allowed to return to them at no distant date. (Applause.)
Father Spada, who spoke with emotion, so that was, 6 splendid functions sold, spontaneove, and so unani- mons, and it touched him to the heart. He never imagined that he would have the
In England prisoners are conveyed from pleasure of seeing there so many friends and of listening to so many good wishes. the prison to the Court in a closed "Black He thanked them all most heartily tor vehicle popularly known as the the kind ncis of friendship which he had Maria," and it has been suggested to us
He had as
similar conveyance should be always received from them: invariably received during his long provided here, or that prisoners should be residence amongst them a most cordial taken to and from the Courts in closed welcome, and a ready response to his chairs,
He had hoped to counsel and advice. spend aciungst them the best years of his life. It was a great pleasure to him that his ministry in Hongkong had been one of co-operation for the welfare of all. He had only this end before him, and so soon as his Superior would allow him he would endeavour to return to there. He left them with feelings of the deepest gratitude, and wished them peace, happi- ness, and prosperity. (Applause.)
Father Arvat, the local Secretary to the Mission, will cocompan Father Epada on his journey to Milan.
There are obvious objections to both. the hilly Considering suggestions. character of the town and the situation of the gaol, it will be recognised that the use of a large van for this purpose, even il feasible, would be dangerous; while the transport of prisoners in closed chairs has its disadvantages from the point of view of the police, who are responsible for the safe conveyance of a prisoner, but the subject is nevertheless one to which the
RODERICK BANDOM. authorities might give consideration.
Total
Bowling Analysis.
S. H. Dodwell M. M. Maas....11.5 1 HONGKONG "*! Stephenson - Jellis, c Robertson,
Bower
3
71
B3. 24. 12
I
39
31
5
16
70
A. A. Claxton, b Foster-Pegg F. H. Rodgers, & Hooper. h Bowen. R. P. Thursfield, at. Worswiek, b
Bowen
Fleet-Paymaster Pearson & Kirby, b
Foster-Pagr
3
17
M. Hancock, b Foster-Pegg.......... 11 M. M. Mass. e Saunders, b Bowen ... E. A. S. Fowler, not out
7
33
1
S. H. Dodwell, c Davies, b Robertson 24 R. H. Hancock, & Bowen, b Davies. A. O. Long did not hat.
Extras..
Total (fur 9 wickets) Bowling Analysis.
..194
66
0
40
1
66
2
0.
14
1.
Foster-Pegg Davies Bowen
Robertson
The
There being no questions, the CHAIRMAN proposed the adoption of the report and
accounts.
Mr. F. MAITLAND, in seconding the motion, said-I am sure the shareholders are very pleased with the management and wish to give their thanks to the direc tors and the management for the care of
For a limited time only, the British their interests. I would like to endorse American Tobacco Co., Ltd., are packing
what the Chairman has said about in each tin of Felueta s cigarettes, Mr. Osborne I am sure great thanks are
Bion unless at a price far in excess of a neat desk calendar for 1913.
394].
PERTUSSIN.
Is a harmless and efficient remedy against all deesses of the respiratory organs, especially WHOOPING COUGH, CATARRH OF LARYNX, ACUTE AND CHRONIC BRON- CHIAL CATARRH, ASTHMA, ETC., which has been Also the recognised unequalled by the highest authorities. AFFECTIONS OF THE LONGS will be greatly relieved by the use of it.
TO BE HAD AT EVERY CHEMIST.
IMPORTERS:
S. J. BETINES
TIENTSIN AND FEKING.
CO..
due to him for long service on behalf of the shareholders, and I am sure his wish has been all through to do his best for the Company, and he has done that.
Dr. NOBLE thank you on behalf of the Board and on behalf of Mr. Osborne, who is not present to thank you himself. The motion was carried unanimously. On the motion of Mr. J. H. Taggart, seconded by Mr. Su Po S, the ap pointment of Mr. J. W. C. Bonnar to the directorate, in place of the Hon. Mr. E. Osborne, was confirmed:
Mr. M. S. NORTHCOTE proposed, and Mr. We seconded, the reelection of Dr. J. W. None to the Board of direc tors. The motion was carried.
Messrs. H. U. Jeffries and A. B. Lowe were re-appointed auditors, on the motion of Mr. J. WALKER, seconded by Mr. La CHAN.
The CHAIRMAN-That is all the business, gentlemen. Thank you for your attend. ance. Dividend warrants will be rendy tion at the Secretary's office.
VOELKEL & SCHROEDER LTD., Monday next, obtainable on applica
SHANGHAI.
To be obtained from
Chs. J. Gaupp
OUR
STUDY
OF
& Co.,
ALEXANDRA BUILDIKER.
CHATER ROAD,
THE EYE
and its anatomy and our long experien correcting defective vision enable us to tell beyond doubt if your eyee will be benefited by wearing glasses,
Our method of testing is scientifo" and accurate. If you do not need glasses we will tell you so. If you do need glasses we can supply and fit them at extremely moderate prices
MAKE CERTAIN WE WILL TELL YOU.
FLARK & AR
SCIEN
BLOGS,
CHATER
RE
HONGKONA,
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