1914-05-02 — Page 3

Page

ELECTRICITY IN HONGKONG,

THE REDUCTION IN PRICE:

COMMUNICATED.]

The announcement

made by

although there are many different patents in connection with this subject, the plant is not difficult to construct,

There are various ingeniqua arrangements so that the supply of gas is automatic, whatever i they be the demand. That is to say, the Managers of the Hongkong Electric consumer has only to turn on the burner Company that they have decided to reduce the price of electrical energy has doubtless been welcomed by every householder in the Colony. The Managers are to be con- gratulated upon this progressive policy.

and (provided there

cre is petrol in the supply tank) the gas appears quite ready for ignition at the lamp

THE HONGKONG DAILY PRESS, SATURDAY, MAY 2ND, 1914.

CORRESPONDENCE

THE 8.8.TAI ON PIRACY.

SA PUBLIC BUUSCRIPTION,

[TO THE EDITOR OF THE HONGKONG DAILY PRESS,:"1

HONGKONG SHARE MARKET.

Messrs. Vernon & Smyth in their weekly share report dated 1st May |state=—

COMPANY REPORT,

THE HONGKONG ELECTRIC- COMPANY, LIMITED.

The report of the board of directors to the twenty-fifth ordinary yearly meet ing of shareholders, to be held at the Lompany's offices, St. George's Building, at 11.30 am on Thursday, 14th May, 1914, is as follows:---

GENTLEMEN,--Your directors have the

pleasure to submit the accompanying

The reduction is a practical reply to the gines for motor cars and motor boats. Governor, with a promise of something. but scoording to the Intest Home advices statement of the Company's accounts for

criticisms recently made by the writer and it furnishes proof that such criticisms were not altogether undeserved.

The first question that is asked by the householder is "What does it amount to?" For most of us it means that instead of paying 2 cents per unit of electricity, as we have done in the past, we shall now

bills come round, as made up under the new schedule, we shall pay 80 cents for the anergy which now costs us a dollar. A prospect altogether pleasing.

Hongkong, 1st May, 1914. DEAR SIL-Brave deeds were enacted It must. Le understood that, although by loyal men on the ss Tai On, and wo speak (somewhat loosely) about petrol brave words were expressed by H.E. the and gas ergines for electric lighting else coming to these brave men later on, plants, yet, in all of the internal com- but what is the apathetic publie doing or bustion ongines, the motive power is going to do Let the community in really hot-air. The small percentage of general, foreigners and Chinese, show petrol is used to form an explosive their appreciation of the magnificent mixture in order to heat the air. Bimi defence put up by the oficers and crew larly, when we burn the so-called petrol of the Tai Chi in a substantial manner, air-gas we burn quite a small percentageant forgetting the bereaved ones of the of petrol. The best mixture is 986 por late Chief Officer. I would suggest that

recommend

During the period under review deal inge la local stocks have been very limited, the chief attraction again being "Langkate," and with the settlement on the 29th inst.. business during the week has been considerably hampered. Lang bats, after considerable actuations, now close with cash sales at Tis. 16, “Rubbera” for the present show no signs of activity, the market is firm, and the “Tin" market quiet, with prices again easier the year ending 25th February, 1911, Fine Hard Para has a quotation of 2/111 The balance at credit of proft and luss and plantation sheet of 2/7 The open account is $330,044.97; and after defuot- market rate of discount has again ng diegotors' fées (81,000) there romains advanced, and now standa ut 9 9/16 per cont, and the Bank of England rate a sum of $183,01197 available for appro-- remains as previously advised, viz., per printion, and your directors r cent Bar Silver is quoted at 275 for that this be disposed of as follows. ready, and 273, for forward, Sterling TT. at 1/118, Shanghai T-T at 188, and to pay a dividend of 18 por cent Singapore 1.T. at 81 Consols have Soy 81.80 per share on 00,000

shares BANKS Hongkong been placed at 3916, and have sellers in To write off plant account for

* 70,000.00 London at £52 he

depreciation

----- 121,562,00 MARINE INSURANCES.-Unidas ate public.

To write off property account for offer at 8785, and Cantons have been

depreciation

$25,000.00 bought at 8:31, with shares in demand at To write off furniture urmunt for the rate. North Chinas clean with a

depreciationery nominal quotation of Tls 145, and Yang-To pay a bonus to staff. tazes are quoted $195 nominal ex div. To carry forward to next account. 31,008,18

FIRE INSURANCES-China Fires have buyera at $140, and Hongkong Fires close

SHIPPING. Hongkong, at 2368 nomina. Canton Macaos are easier with sellers at 82, and Douglases arara, quiet market with shares un offer at 31 Indo-Chinas have sellers. at 807 and a London middle quotation of 150/ China and Manilas hars a nominal quotation of $81 Star Ferries are unchanged at 248) nominal

pay conts. That is to say when our cent. of air and 1.4 per cent. of petrol a subscription list be opened immediately, receded to 743. Shanghais have To place to reservo

A Welsbach burner and mantle is used, and it is really the heat which results from the combustion of the gas which makes the mantle luminous. The gas is At the same time we must not allow our odourless and can also be used for cock gratitude for small mercies to blind using and heating purposes. to what we really are paying..

There is a most useful publication

and am willing to att temporarily as the Treasurer of such fand until an officer has been duly appointed by the When this list is closed, say, by the end of the current month, then a public presentation by H.E, the Governor of the overnor of the fund so collected should be made to the officers and crew of the ill-fated Tar On The subscription is started by a donation of 100 by the Vacuum Oil Company and one of 850 by yours faithfully King's Building,

Connaught Road,

WA DOWLEY,

THE HERO SILVA

[TO THE EDITOR OF THE “ HONGKONG

DAILY PRESS.

Hongkong, let May, 1914, Six,--In pornsing the report of the Impressive little ceremony held at Govern

on

0118-The Oil market during the week has been quiet but steady with a tendency to harden. The following mid- dle quotations are to hand this morning from our London agents, viz., Shells 103/9, Ural Caspians 36 and Mexican Eagles 40/Shells are enquired for locally at 103/6, but no shares are forth- coming. per

REFINERIES-China Sugars have im-

8108,000.00

530.63

6,283.38

8333,044.07

Directors The Hon. Mr. C. H. Ross

having resigned on leaving the Cology, the Hon, Mr. David Landals was invited to All the vacanes/

In accordance with the Articles of

Association the Hon. Sir C. P. Chater, CM.G., and the Hon. Mr. David Landale retire, but, being eligible, offer themselves for relection.

Auditors. The accounts have been audited by Messrs. A. C. Hynes and F Maitland, who retire, but offer themselves for re-election.

J. W. C. BONNAI

Chairman

Hongkong, 23rd April, 1914.

STATEMENT OF ACCOUNTS TO FEBRUARY 28TH, pa

1914,

·LIABILITIES,

COMPARISON WITH COAL GAS. Thus it will be seen that what really called The Electrical Times, which counts is the heat generated as the petrol publishes a table of electricity supply vapour and air burns. Unfortunately costs and records. It is not too much to the heating value of coal gas varies Bay that every consumer of current in great deal. You may pay 3-a thousand Great Britain has reason to be grateful cubic feet and obtain better value than for this table, because it is a constant if you pay 2/6 a thousand cubic feet in record and comparison of what the local another city. It all depends on the authorities and companies are doing, beating value of the gas, and that varies Most of the supply people nowadays from 180 B. Th. U.'s per cubic foot to handle millions of units per annum. The 430 R. Th. U.'s and even less. Speaking first local authority on the list is Batterin general terms, when petro! is at ten sen. Over five million units were sold in Pence a gallon, the light obtained is at the year, the total working costs per unit about the same cost as when cost gas of sold cũng to 0.70d. (The working costs 480 B. Th. U.'s is at /10d., orcoal gas are made up of such items as coal and of 630 B. Th. Ua is at 3/ed. Inament House yesterday by H.E. Sir Henry proved to a buying rate of 883, without other fuel oil, waste, water and stores large number of country houses in Great May, K.UM.G., I regret to observe that leading to business. Luzens are un- wages of workmen; repair and main-Britain and Amerton petrol air-gas is the name of the unfortunate, guard L. changed at 828, with no sales to report. tennure; rent, rates and taxes; manage-installed, and there are great possibilities Silva escaped mention at the gathering, of economy in a block of buildings, such although he stood at his post as bravely ment, salaries, office and legal expenses as flats or let us say, the new Holona as the others.

The missing Silva met his death as did electrical energy from Incidentally, it may be observed that the Chief Officer, Mr. Evans, the private consumer was 1.87d. During it is somewhat suprising that the the year each member of the population possibility of this illuminant has not been in the district supplied used, on an demonstrated in Hongkong for the benefit

The fact to emphasise is that, for light Chinese who have relations in Canton and this Colony will extend to then the Placed at $52 and $81, and more shares

hot the vendors of such apparatus that the local charitable institution of Kong and Kowloon Wharves have been Plast and Man C ing, the price paid in Battersea for the surrounding districts might find it one energy is about 10 cents, whereas we in Hongkong, under the new conditions, are to pay 2 cents

invranes, et..

obtained for The average price May home,

average, 24.9 units.

would

of the sights of the Colony. They w take to this illuminant more kindly than to electricity for village lighting, for the initial capital expenditure is less

THE PRICE OF POWER,

Now let us consider an industrial centre, say, Birmingham. In this case we

The new schedule for electric power notice that the average consumption, per head of the population, is 50 units. The in Hongkong is 7 cents a unit during average price obtained for the energy the ordinary periods and 6 cents during sold is 1.14d. let us say six cents. Over certain restricted hours. That will be sixty-three millions of units were sold, a great advantage and shows that an but that was largely due to the low price charged for the currant. Of course a good deal was used for power purposes.

TEN CENTS A UNIT.

It should be perfectly feasible to supply the City of Victoria with electrical energy for lighting and fans at ten cents a unit. Ten conti clear-with no extras for meter rrut, víc, Dolighted as all of us are to find the prospect of a reduction, we mist not forget that we shall still be paying about twice as much as we should pay.

effort is being made to cultivate the power loads. But the ordinary consumer

must realise that when he turns on an electric fan it is usually connected to the lighting sircuit. The fans used in Hongkong, in any case, are inefficient Only about twenty per cent, of the electrical energy supplied is used. It is true to say that a direct current fan only uses thirty per cent., but the difference Lutween a fan of twenty per cont. and thirty per cent. efficiency, from the bouse- holder's point of view, is the difference between fifteen dollars and ten dollars on the bill for energy.

Concerning the lights, little need be suid except that the system of energy supply is unsatisfactory for that purpose

CONCLUSIONS, -

important

Let the bereaved and desolate widow and children be not forgotten in their painful situation, and it is to be hoped

support.

A SYMPATHISER

ANTI-PIRATICA's detention is drawn the notice which appears above the leading article.-E.

TREES IN STATUE SQUARE.

[TO THE EDITOR OF THE - HONGKONG DAILY PRESSE

SIR-About 110 signatures in favour of trees, and 2 against, have been recorded on the forms lying at Messes, Lane, Craw ford's and at the Hongkong Club, Will any who have not already recorded their views, and who wish to do so, kindly sign the papers before Saturday, 4th May, as I propose to withdraw them then and forward them to the Government Yours faithfully,

L GIBBS.

EUROPEAN LADY ROBBED.

AN TUPUDENT SWATCH-THIES.

A daring robbery took place on Thurs day morning near the Central Market. W. H. Bell, of the Asiatic Petroleum Co. the victim being Mrs. Bell, wife of Mr. Mrs. Ball was crossing Queen Victoria

Street when

Capital

60,000 Shares ench $10 paid up 3000,000,00 Reserve Account Bazilik

of Profit and Lose

MINING.-Raubs close, with a nominal quotation of #3, and have been a quiet market during the week, as have also Sundry Creditors

Dividends Unclaimed. Kailans, which have a local quotation of

Balunce. 38/ nominal, and London quotation of

Account 38/9 middle. Heawoods are as previous ly quoted, viz., 2/6 nominal, and Tronoha are quiet with a nominal quotation of 3 and a London middle price of 32/6 DOCKS, WHALVES AND GODOWNS, Hong

60,000.00 15,651.84 11,376 43

300,044.97

$1,050,076.21

ASKETS:

-count, cost of, us

per last account...8616.675.01 Less amount provid

́ed for depræcistion 108,675.01

$510,000.00

189,005.88

are wanted at the latter figure. Hong- kong and Whampoa Docks have been sold at 869, but close usater with sellers at 688. No change has to be reported in New Amoy Docks, viz., 383 nominal Shanghai Docks have buyers at Tls 60, Cost of Plant, since and Shanghai and Hongkew Wharves are. unchanged with a nominal quotation of Tis. 84.

added

Property, cost ot Land and Build- ings 8 per Inst account 8121218.71 Lexa amount provide

ed for depreciation 10,215.71.

Installation Material, Stock of. Stores and Conf. Stock of ........

Tooh, &o., Stock of Furniture, cost ef

as per last account Les amount provid- ed for depreciation

LANDS, HOTELS AND BUILDINGS. Hong- kong Hotels have a nominal quotation of $1223 and Hongkong Lands have been placed at 9112, with more shares wanted at the rate. Humphreys Estates have had sales at $73, and West Points are wanted at the improved rate of 870, with close with a nominal quotation of 344. no shares on offer. Kowloon Lands again COTTON MILLS. No business has to be main on offer at 381, Ewos have been reported in Hongkong Cottons, which re- sold at Tis. 127 and Tis. 126, and Kung Viks at Tia 114 and Tls 111, there now being buyers at the latter rate. Shang- hai Cottons have been placed at Tls. 106, Cost of Furniture.

since added and Laou Kung Mows again close with a nominal quotation of Tls 85.

MISCELLANEOUS. Chin Borneos are wanted at #12, Dairy Farms at $37, Ices at 180, and Steam Laundries at 84. There are sellers of Ching Lights at $4.10, China Providents at $81, Green Islands at 861, Hongkong Electrice at 845, Peak Trams (new) at 93 cents, and

viz. Hongkong Ropes 829, Hongkong Union Waterboats at $50. The following stocks close with a nominal quotation, Trams 8/4, Peak Trams (new) $10.40, Watsons 88. and Powells $8).

well-dressed Chinese 4

grabbed her by the shoulder and matched

the hand-bag she was carrying. He ran

14/0

What is the alternative? In most places there is a fairly strenuous cam petition between gas and electricity. High pressure gas lamps are to be seen in Hongkong, but it cannot be said that there is any really strenuous competition. Moreover, the price charged for gas is by

The present tariff is better than that no means satisfactory to the consumer, which obtained when the writer previ

LONDON SHARE QUOTATIONS. and it seems useless to consider any ously touched upon this.

Messra. Vornon & Bmyth send us the advantage that may come to the house matter result of the reduction in off, Mrs. Bell following and shouting to following quotations received by them holder by reason of a commercial war price will be an increased load. But a policeman was to be seen, and the yesterday from London

attract the attention of the police, but between gas and electricity,

greater reduction must come and that is Chinese who witnessed the occurrence Tronoh Mines, 32/6 Fortunately the inventor

only possible if an up-to-date power made ne attempt to capture the thief, British Burmah Petroleums 4/11 inted his efforts to these two forms of

who was a well-built man with hair Ural Caspian Oil ............ station is provided. The shareholders closely cropped, suggesting that he had Hongkong and Shanghai illuminaat. There are other types of should tolerate no pulley of tinkering had quite a recent acquaintance with the Banks

582 5 sellers.

9/41 light, and they are acetylene and petrol with the problem.

gaol. He entered the basement of the United Serdang ...

40% airgas. The writer strongly recommends Apparently the Cotton Mills are to be market, where Mrs. Bell hesitated to Mexican Lagles the latter he has had considerable vacated and it is probable that the build him at the top of the steps affecting to Maikop P. Oil***

follow him, but she subsequently saw Rubber Plant. Inv. Trust. 11/73 experience with it and finds it quite ing could be easily adapted to serve as a be gazing unconcernedly about him. But Shells (Bearer ")

103/9 satisfactory. He is not favourably power slation. A complete scheme, such there was no policeman in sight, and thus Indo-Chins (Combined).....150/- 38/9 impressed with acetylene, and while he as has been worked out in Shanghai, the ruffian was able to escape,

Chinese Engineering This is not the first robbery of the kind Hongkong Electric Trains, 8/3 does not discourage enquiry and should be formulated, and with steam that has taken place recently in the Venture Trust, Ltd.

2/11 investigation by householders, he will, turbines, the most recent devices for fuel immediate vicinity of this market. Fine Hard Para just at present, concentrate apon petrol economy and careful design of the whole Mrs. Bell's bag contained about $1 in Plantation.

plant, it should be possible to bring the money, a gold watch and chain and a Totie of the Rubber Share

piece of jewellery won as a prize in s Market air gas.

selling price of current down to ten centa tennis championship. The total value Tone of the Tin Sharo THE NEW ILLUMINANT,

Market Petrol air-gas, as its name implies, is a unit for lighting and two and a half was about $190, a inixture of air and petrol vapour-cents a unit for power. Strictly speaking, the term "petrol " It is curious that some arrangement should be confined to une particulars not made when the tramway scheme brand of a mixture of light paraffins, and was mooted, so that the electricity for the word was first used as a trade name the trams might have been supplied by only. But it is now commonly used to the supply Company, describe all the petroleum spirits used for from any desire to embarrass the directors These few suggestions are made, not

anulo, vehicles. It consists of a mixture or staff of the Company, but merely in of liquids known to the chemist as the the hope that they will realise how parafin-group There is also a mixture essential for success is a forward policy,

and chiefly in the balief that bTM cheap”

of benzine, toluene and 13. small supply of electricity is a boon to tho percentage of other hydrocarbons, called locality affected.

benzol," and it is suitable

for

the new illuminant.

making

ELECTRON.

The Hipprodrome Circus, of which the The cost of the gas making plant well-known Col." Bob Love is - the suitable for a house with about forty advance agent, is announced to open At lights, is under EM in England. The Causeway Bay next Saturday night, apparatus is extremely simple and with new artistes and new horses.

1957

8633.60

8049,005,88

106,000.00 43,502.80

INTIMATIONS

FOR HAIR

AND SCALP

CUTICURA SOAP

Shampoos and occasional dress- ings of Cuticura Ointment are invaluable. No other emol- lients do so much to prevent dry, thin and falling hair, re- move dandruff, allay irrita tion and promote hair beauty.

Cutlours Boap and Catment and everywheri.: Bam- ple of ouch with 32-p book free frons nestiet dapozz Newbery, 27, Charterhouse Sq.. Londen? R. Tatres dj Ch. Hydney, 1.8.W.; Lennon, Ltd. Cape Town: After XTaciran & Co., Carotta and Dombay: Pot- -ter Tiriga Chem. Doty mão propet, BORESIS, ISLA _ag-Vender-foerd ryeni shave its comfort with Cuth

myraduan MinsUg Blick.. Liberal sample tree.

CHS. J. GAUPP & CO.,

WATCHMAKERS

AND

JEWELLERS.

SURVEYING AND NAUTICAL

INSTRUMENTS.

ZEISS PRISM BINOCULARS.

SUN GLASSES.

0,784.76 SILVER AND PRINCE'S PLATE.

1,338.05

Representatives

MAPPIN & WEBB. LTD..

LONDON:

133.50

$500.00

590.69

1,030.53

1,700.00

160,587.41

3,771,71

79,355.10

$1,056,076.24

ALEXANDRA

BUILDINGS.

CHATER ROAD,

WORKING ACCOUNT

Dr.

sins, Value of unexpired portions of Policies, Sundry Debtors. Cash with Agents Hongkong and Shanghai Bank-

ing Corporation.

To agency and Office Expenses $8,000,00 To Rent and Taxes

To Insurance

To Auditors Fees To Bad Debts

To Account carried to Profit

and loss Account

10,514.04

3,221.23

200.00

3,021.17

350,099.13

CALDBECK,

$375,965.67

$376,806.81 MACGREGOR&C.

By Net Profit-on Working By Scrip and Transfer Fees By Interest

21,25 67.51

2375,955.57

(ESTABLISHED 1884).

FRUFITÄND LOSS ACCOUNT.

D To Amount available for appro

priation

8366,044.97

$308,044,97

SOLE AGENTS FOR

JL 2/7:

Firm.

Quict

CH By Amount of undivided profit,

as per last account By Balance of Working Account

brought down

8 15,945,84

PERTUSSIN.

BRONCHIAL

Is a harmless and efficient remedy against all diseases of the respiratory organs, especially WHOOPING COUGH, CATARRH OF LARYNX ACUTE AND CHRONIC CATARRH, ASTHMA, &c., which has been recognised unequalled by the highest authorities. Also the AFFECTIONS

OF THE LUNGS will be greally relieved by the use of it.

TO BE HAD AT-

THE MEDICAL HALL.

HONGKONG

C. P. GRATE

STANLEY H. DODWELL

Directors.

350,099 £3

$368,044:07

GIBB, LIVINGSTON & COUP

Agentu

|_ We report that wo have audited the above

JUNOR A

(THE WINE OF HEALTH '')

APPETISER

balance sheet with the books and vouchers TONIC

of the Company and that in our opinion such balance sheet is properly drawn up so as to exhibit a true and correct view of the state

of_the_Company_nffairs at the 25th STIMULANT

February, 1914, according to the best of our ipformation and the explanations given us, and as shown by the books and securities of the Company, We have obtained all the information and explanation wo have required. Stocks have been valued and certified to by the Mannger,

FMAITLAND Auditors.

Hangkong. Ord April, 1914,

Taken before meals, it promotes appetite; seo Tenie for convalescents and rearasthenics

it is unrivalled.