1915-03-10 — Page 13

COMPANY REPORT.

THE HONGKONG FIRE INSURANOL CO., LTD.

The report for presentation to the share- holders at the forty-sixth ordinary meet ing is as follows:-

4

The General Managers and Consulting Committee have pleasure in submitting to the shareholders the forty-sixth annual report of the Company.

1013 Account-This account shows net profit on working of 8377,959,20: This sum, subject to the approval of shareholders, it is proposed to deal with as follows, via- Dividend of $27 per share...8216,000.00 Addition to Reinsurance Fund 101,950, 20

$377,060.20

SHANGHAI LAND

INVESTMENT CO.

ANNUAL MEETING;

THE HONGKONG DAILY PRESS, WEDNESDAY, MARCH 10TH, 1918.

are

increases amounting to Tla 79,000, but THE HONGKONG VOLUNTEERS. against this there are decreases in

· JOINED.

SATILANSFEDA."

No. 1765 Pte. V. N. Fleming and No. 1760 Pto. G. A. Miller from H.K.V.it, to Engineer Company, dated 9th March, 1915.

respect to five estates amounting to corrS ORDERS BY LIKUT.-COL... A. CHAPMAN, V.D. Tis. 24,000, Ts. 33,000 or which is due o properties having been sold. The gross increase in rents is made up as follows:--

Sapper A. Tapo, joined the Corps on Str The annual general niesting of sharis.: 22,600 increase in rents of the older March, 1915, allotted Corps No. 1764 and holders in the Shanghai Land Investment completed up to the end of 1013,

properties-that is to say, properties posted to Engineer Company. Co., Ltd., was held on the 2nd inst. at the Tis 47,700 increase on newly developed Company's offices, No. 2, Jinkee Road, Properties. The 8,770 on property Fur chased during the year. Outgoings for Changhai. Mr. E. Jenner Hogg presided, insurance, repairs, taxes, water, etc., are and was supported by Messrs. H. A. J. increased only is 1,013.35, insurance

Pto MJ Breon is granted leave of Maeray, C. G. S. Mackio, E. C. Pearce, being increased Tia. 3,580, the chief and C. W. Wrightson (Directors) and Mr. reduction being on account of repairs, absence from 9th March, 1915, to 9th March,

Commission Account is practically the 1916. P. Peebles (Secretary). There was a fair same as last year. Fire Insurance Com- attendance of shareholders. mission shows a good increase owing to our Tho CHAIRMAN said:Gentlemen, I will having benefited, under the new arrange ask you to correct a clerical error in the ment, from commissions on a whole year's report the increase in gross rents is there Premiums. The balance of Working stated at Tls 44,972.05; it should be Tls. Account shows a satisfactory increase of

Tis 30,015.94.

44,962.05

Profit and Loss Account. The debit side of this Account shows the Interim Dividend of 6 per cent, paid in July last and the transfer to Improvements and Renewals Account authorised at the last

on the sale of the remainder of our issue meeting and a small item for brokerago of Debentures. On the Credit side arc

LEAVE

FIELD FIRING 7TH MARCH, 1915.

No. of men.

Rounds fred.

of hits.

fired.

INTIMATIONS

LANE

CRAWFORD&Co.

END OF

SEASON

TO CLEAR

AAT VERY SPECIAL PRICES.

2 O Co. H.K.V.R. 62 620 -151 24.84. No. 2 Séc. Artillery 22 220 -61-2461 "B" Co. HK.V.R.: 62

140 22.68 Centre Sec, M.G.,

Co

Civil Servico Co. and Right Seo.

U20

280

03 22.50

M.G. Co. 3393067. 20.30

The year under review has been one of satisfactory progress. All the buildings ID14 Account-The balance at credit of which were in process of construction at the date of our last meeting have been this account is 8103,736.54.

White Completed and they were, in almost Consulting Committee.-Mr. rosigned his stat on account of his depar every case, tenanted as coon as they were ready for occupation. A very limited ture from the Colony and Mr. G. W. number of foreign houses was commenced the net profits on sales after deducting A Co. H.K.V.R. 31 610 108 17.38 Barton was invited to fill the vacancy.

during the year and only where tenanoies the Tis. 30,000 odd written off. Seymour had already been arranged. As indicated Road Estate. Premium on Debentures is The Hon, Bir Paul Chater, C.M.Gin my speech last year, we have proceeded feas than half the amount under this Messrs. Barton, Maitland and Gubbay with foreign building in a guarded! retire, but being cligible offer themselves manner and the fact that at present there acent last year, due to the fact that we

have had less debentures to dispose of for re-election.

are many vacant foreign houses inį Auditors. The accounts have been Shanghai shows that the danger of The balance of Profit and Loss Account ficate of leave from the Corps and exhibit audited by Messrs R Perey Smith, over-building this class of property shows an increase of Tis. 95,378.74 and same to the Provost Marshal when applying

for the permits.. recommending the which we foreshadowed was well ground your Directora in F.C.A., and A. R. Lowe, F.C.A.

ed. It is satisfactory to be able to tell appropriation of the Profit and Loss you that at the lose of the year we had account balance have in mind the pos

JARDINE, MATHESON & CO., LTD. > General Managers.

PROVOST MARSHAL'S PERMITS 10 LEAVE THE COLONY.

Before calling at the Provost Marshal's Offico for these, members must obtain a certi-

PARADES,

Parades far to-day (Wednesday) :-- Usits on duty at Headquarters and Monat Remainder ailgy

WORKING ACCOUNT 1918-ON 31ST DECEMBER, only on foreign house vacant and our sibility that 1915 might be a less prosperous Austin Barracks, under Officers on duty

Tosses and Claims,

Charges .......

.1914.

Remuneration to Consulting

Committee and Auditors Commissions

year than 1914 and have therefore recom mended that a substantial amount ba carried forward, also that Tis. 50,000 he replaced to the Credit of Equalization of Dividend Reserve,

Improvements and Renewals Account" has been credited with Tls. 56,384, being. interest on undeveloped land for 1018, and the account has been drawn on for part of the cost of Chwang Hoong re-building and for other improvements of a per- manent character,

Chinese properties were fully tenanted. $124,920.37 A reconstruction of part of Will'

34,945.30 Estate was taken in hand, a new road was cut joining up the Woosung Road 5,800.00 with the Seward Road and Chinese shops 80,363.20 built fronting on to this new road, Balanco, as per Balance Sheet... 377,059 20 scheme which has proved very popular with the Chinese. The rezult of this will 623,958.18 ba that Will's Estate rents for 1915 will show little if any decrease in spite of the fact that over The 206,000 of rent-pro- 462,226.08 ducing property has been sold.

The Balance Sheet requires little ex 171,658.05

Certain improvements have been takenplanation and is dealt with in detail in 106.00

in hand on Chwang Hoong Estate, two tho report. The grouping of all the blocks of very old Chinese bungalows estates under one head your Directors €23,988.13

having been pulled down and a better feel confident is, from all points of view, class of Chinese house built, and the a better way of presenting the accounts. improvement in tenaney and rents fully Mortgages Mortgage loans Amount justifies the step taken. Half the cost to Tis. 2,582,359.05 and are all fully this improvement, as stated in the report,

Covered has been charged to Improvements and Renewals Account. Further developments

Not Premia meained, less Re-

turns and Reinsurancen

Interest

Transfer Fees

..§

WORKING ACCoust 1914-ON 31ST DECEMBER, 1914.

Losses and Claime

Charges

Commissions

Balance, as per Balance Sheet

Net Promis received, less Rei

turns and Reinsurances Interest

Transfer. Fees

103,258.19. 41,371.51 106,773.10 403,716,64

§. 656,119.37

$655,119.97

BALANCE SHEET ON 31ST DECEMBER, 1914. LIABILITIES.

Capital 8,000 Shares of $250 ench-$2,000,000.00 of which 850 per Share has been paid

up

Reserve Fund Reinsurance Fund

Investment and Exchange Fluc

tuation Account Urcollected Dividends

Accounts payable Working Account 1913-

Net Profit, as per Statement Working Account 1014, as por

Statement

ASSETS..

Cash, on Current Account and

Fixed Depouts with Banks

Mortgages, Loans and Deben--

Silver

tures. Foreign

Government

Водо.......

Indian and Colonial Govern

mont Stocks

Foreign Government Gold Loans Indian, Colonial and Foreign Railwayfind Port Trust

Bonds and Stocks Other Investments Agency Balances.... Accounts Receivable

will be taken in hand on this estate at

such times us appear most opportune.

During the year we have lost the services of our old colleague, Mr. Kinnear and with your permission I think we may to day fittingly express our regrets that he is not with us while at the same time wishing him health to enjoy for many years his life at home,

DETAIL. Orderly Officer: Liout, Weall. Orderly Sorg Corp). Lowick. To furnish Guard:

7 a.m. to 7 p.m. 10th inst. Scouts Co.: 7 pm. 10th to 7 a.m. 11th inst.: Scouts Co. 7 a.m. to 7 pm. 11th inst.: Scouts Co.

AT MOUNT AUSTIN BARBACKS.AS

7 p.m. to-day to 7am. 11th inst. No. 1 Section Artillery and Left Section M.G. Co.

G. E. STEWArt, Capti,

Adjutant, H.K.V.C.

VOLUNTEER RESERVES,

ORDERS BY MAJOR WAKEMAN, O.CH.E.V.E.

PARADES.

A, B and C Companies will parade on the Cricket ground at 6.15 p.m. on Friday, 12th.

Dress: Drill Order. d

Recruits not ret passed out will parade on the Cricket ground at 5.15 p.m. on Wednesday, 10th, Thursday, 11th, and Mon day, 15th

N.0.08, class of instruction will be dis continued for the present.

PROMOTIONS.

The following promotions havn heen made in C Co.: Sergt. W. Rattay to be Coy -Sergt. Major as from 4th March, 1915.

ANGLO-ORIENT

SEAMLESS REVERSIBLE

CARPETS

AND RUGS.

BRITISH MADE

IN VARIOUS SIZES.

INSPECTION

INVITED.

COLOURED LITHOS ON APPLICATION.

LANE, CRAWFORD & CO.

[22

REMINGTON JUNIOR.

“A LONG FELT WANT SUPPLIED AT LAST."

THE REMINGTON

JUNIOR.

PORTABLE TYPEWRITER FOR TRAVELLERS, SMALL RETAILERS DOCTORS, CLERGYMEN, AND OTHER PROFESSIONAL MEN,

Ero, Exc.

SPECIAL FEATURES:

CorpL D. T. Keith to be Sergi, vice Bergt. Simplisty Compactness, Durability, Portability. Weight 16 lbs., in leather travelling case 21 lbs W. Rattey promoted.

A commencement was made during the year to develop with Chinese houses, $474,951.56 suitable for letting at a low rent, the land 180,085.81 adjoining our Hongkew Creek Estate.

62.00 180 Chinese houses of the better bungalow board and the confirmation of his election Mr. Mackie has been invited to join the class are in process of construction. The first block of 20 were let as soon as finished will form the subject of a resolution

to-day. and the remainder although not yet com

The Chairman concluded by an expres The completion pleted are already let. of the MacGregor Road, Jessfield Road,sion of thanks to the staff for their, excel- and Dixwell Road houses and the com- The report and accounts were after-

lent work during the year. menecment of two houses on Zang Pang Estate comprises the building operations Wards adopted; a final dividend of 6 per 400,000.00 for 1914. Altogether Tis, 223,031 has been sent was authorised for payment; Mr. 1,600,000.00 spent on now buildings during the year, E. Jenner Hogg was re-elected a director 345,308.23 most of which will be fally productive for of the company; Mr. G, R. Wingrove was

re-elected auditor for the year theplete establishment. 1015. 05,613.78

Sales of property-As I mentioned when appointment of Mr. C. G. 8. Mackie as a director was confirmed, and a bonus of 1,215.00 I last addressed you, about 5 mow of 10 per cent. was voted to the staff. 86,752.10 Will's Estate were sold during the year

and the profit of Tlx 131,798 has been 877,059.20 carried to Proft and Loss Account, and

"A THRONE OF SKULLS.”

STRIKING MANIFESTO BY GERMAN SOCIALISTS.

The following circular has been issued

League:

Lc Cpl. H. G. White to be Corpl. vice Corp. D. T. Kith promoted,

Pte. A. G. Graham to be lie.-Cpl. vice Le Cpl HG. White promoted

Pte, J. M. Smyth to he Lc.Cpl. to com

"MAIN GUARD,

2 Officers and 100 Rank and file of the Reservo will relieve this guard at 10 p.m.. on Saturday, March 18th, and will remain on "duty until 7 n.ni, on Saturday, March 20th,

Guards will be provided as follows:

7 a.m. to 7 p.m.. 1-N.CO. and 3 men. 7 păm. to 10.15 p.m. : 1.N.0.0. and 6 men. 10.15 p.m. to 7 a.m.: 1 N C.0, and 12 men. The guard of 1 N.0.0. and 3 men will relieve the Volunteers at 7am. on

Saturday, March 13th,

The main guard will consist of the whole

Corp. G. C. Moxon. Pte. A. R. Austin. Pte. S. H. Dodwell Pte. E. Davidson." Pte. H. W. Looker, Pte. J. R. Greaves, Pte. J. A. Plummer.

Shantung Road Estate gave a profit of 403,716.51 T 40,017.23, also appearing in Prost and Loss Account, Seymour Road Estate, 83,282,864.04

which was purchased in 1907, was sold during the last month of 1914 at Tis. 13,000 over the original cost, but owing to car method of charging all unproductive 721,455.37 land with compound interest it shows a by the Committee of the German Humanity of Co, with the following exceptions:

book loss of Tis. 30,440.34, which has been 1,818,776.92 debited to Profit and Loss Account.

Purchases of Property-Some 13 mow 7,371.79

of land have been added to Great Western 104,157.16 Road Estate, giving this estate, an 185,968 19 Eastern frontage for its entire depth on Avenue Paulua. 11 mow have been added to Paoshan Estate; the purchase was 183,815,62 & low price and has enabled us to deris 172,446.00 a more economical scheme of development. 60,504,18 A small lot of about 24 mow was brought 88,478.77 to improve the boundaries of Jessfiad

Estate No. 21. Mohawk Road Estate has 88,282,504.04 been acquired. It is a block of newly developed Chinese property near the Raco Club and is well let, and your Directors consider it a satisfactory invest ment. A total sum of Tis. 169,570 has been spent on purchases during the year

C. P. CRATER, Members of Consulting

C. S. GURDAY, f

Committee.

JARDINE, MATHESON & Co., LTD.

General Managers. Auditors ReportWe report that we The impossibility of foreseeing to what have examined the Accounts of the Company | extent the war in Europe will affect at the Head Office with the Books and You- business and consequently property in chers in Hongkong and returns received from Shanghai has caused your Directors to the various Agencies for the year ending 31st proceed in every direction with a great December, 1914. We have also satisfied our dead of caution. Immediately on the The existence and value of the outbreak of war and during the months selves as Securities for Investments, Cash at Banks which have since elapsed expenses have and on Mortgage to the amounts specified. been cut down to the lowest possible We have obtained all the information and minimun consistent with the maintenance oxplanations we have required and, in our of our properties and the comfort of our opinion, the shore Balance Sheet is properly tenants. The result of this is that we are drawn up so as to exhibit a true and correct able to place before you a statement of view of the Company's affairs cecording to accounts which, we are justified in believ- the best of our information and the explana-ing that you will consider very satisfac tions giren to us and as shown by the Books of the Company, man

H. PRCY SKITH. F.C.A., Auditors A. R LOWE, FICA Hongkong, 8th March, 1915.

The Red Cross Detachment from Japan which proceeded to Marseilles by the Japanese liner Fushimi Maru was placed at the disposal of the French military authorities. The chief of the detachment is Professor Shiota Hiroshige of the University of Tokyo., and

tory.

increased Tls. 3,407.84, of which Tis. 1,700 Turning to the Accounts:-Charges arz

is due to extra printing (ront books, etc), and stationary. The $500 for special medical attendance and hospital expenses. for one of the staff, and Tls. 1,200 for passages, locomotion, etc. The addition in salaries is due to the increase under the running agreements of the staff. Rental Account is increased in conse quence of one of our own godowrs being occupied for a part of the year by our selves for storing hardware for our new The Kolmsche Zeitung publishes a buildings Interest Account this year detailed article by an expert advising the appears on the Dr. side of Working immediate construction of a largo canal Account, sad it will be apparent to you frora Antwerp to Cologne, connecting the that while we continue the development Rhine and Scheldt rivers. Preliminary of our properties without increasing our studies and designs are at hand. The Capital our Interest is liable to become a canal, must be built whether Germany larger debit. Gross Rents are increased keeps Antwerp or not

by Tle. 44,962.65, Fourteen estates show

Dear Comrades, Six months have passed since our Government declared war upon Russia, violated the neutrality Pte. A. Ritchie.. of Belgium, and plunged the nation into

The Remington: “JUNIOR” is Typewriter of true Remington quality, but is smaller, lighter and more compact and portable then the Standard Hemington Model. It ambodion the latest Remington ideas In Remington constraction, visible writing, back spacer, automatio ribbon movement, improved paper feed, and reloase, etc, sto.

It is swift and easy, does beautiful work and is so simple in construction that ite skilled operation is quickly. learned by anybody. No lessons needed. Though just as well made as any of the regular models, its price is only about half of tha Standard Models.

Ei is built for the non-user, for the immense army of people who need a Typewriter and have always needed one, but who would not get the Standard Models because their requirements ars different. In one word, it is bailt for people who will operate their own Machine

For further particulars, catalogues, aloj apply. ⠀ SVEN

REMINGTON TYPEWRITER CO.

(INCORPORATED), NEW YORK

Pte, E. V. D. Farr.. Pte, F. B. L. Bowley, And in addition the following members of

guard

HONGKONG AGENCY, Queen's BUILDINGS.

Hongkong, 30th November, 1914.

a devastating campaign now proceeding A Coy. will be on duty with the main.

Sergt. A. C. Franklin. Pte. 8. H. Dutton. Corpi, D. Harvey. Pte. R. Hunter.

Pte. J. Hyde,

in threa Continents without the slightest justification, as is amply proved by docuraentary evidence, begg

In the Reichstag absolutely false Cpl.J.H.McHutchan, explanations were given. The Social Lc.-Op). G. Martin. Pte. K. McLennan. Democrats, in a body, failed to support | Te.Cpl. A. Clinton. Pte. H. C. Sandford. Dr. Leibknecht in the honourable pro-Pte. F. Austin. Pie, H. E. Scriven. tests he mado against the war credits, Pte. H. M. Bain.. Pts. H. Seth. We are as sheep deserted by our shep-Pte. C. B. Buyers. Pte. A, V. Ward. herds. We bid you take courage to carry Pte. HF. Campbell Pte. C, W. Ward, on to the utmost of your power the Pte. A. Forbes, Pte. W. Wright. propaganda of enlightenment which Pte. A. R. Henderson. Pe. J. W. Wilson. alone can awaken the nation from the Pte. H. K. Holmes.

Pte. F. W. White. peril of trusting to perjured miscreants, Pte. E. H. Kay. Pté. A. Gibbs. who have so basely deceived 15.

Pte. P. Tester. Pte. W. V. Hinton. Switzerland, true to her mission has Pte, A. 0. Lang.. Pte. R. P. Thursfield. resisted all financial attempts to allow PEAK GUARD-MT, AUSTIN BABRACKE her railroads to be used for the secret 1 Officer and 20 rank and file of the Reserve! invasion of France. Austria, realising will relieve this guard at 10 p.m. on Satur- the growing danger of internal dis day, March 18th, and remain on duty until orders, seeks to obtain a peace which the Saturday, March 20th, at 7 a.m. Allied Powers have refused so long as a single Germun soldier or official re mains in Belgium. Japan, in terms of pointed significance, has let it be known at Washington that she views with increasing displeasure the terrible and undeserved barbarities to which the Belgian nation has been subjected These are all signs of hope, Le-Opl. G. M. Smith,

Comrades, We know the sacrifices Pte. F Arthur. imposed upon the nation. We also to HW Bird- know the brave efforts you have made Pte. A. G. Coppin, and are making. The injury in Pte. A. E. Grifu. the cause of international brotherhood Pts. R. Hancock, Pts. E. ↑ Chapman, înflicted by our Socialist comrades who Pie. H. Hancock.⠀⠀⠀ Pte. 4. EM Williams. have deserted from our ranks and joined All members detailed for either the Main our oppressors will not be repaired in or Teak Guards must remain in uniform all a day. We know that it is uselets to day and retain their arms and ammunition task of peace until Prussia is deposed by them in readiness for any andden call to from her throne of skulls, and we call duty. upon every worker who yearns for au end of this infamous war to assist in breaking up the group of Prussian conspirators which has indelibly dis graced Germany in the eyes of the civilized world.

(Signed) KARL BERNSTEIN. President ALBRECHT ZETTEL, Secretary. Rotterdam, February 3rd, 1915.

A guord of 1 NC.0. and 9 men will he mounted nightly from 7. p,m, to 7 a w. The Peak Guard will be composed of the follow- ing men Sergt. E. V. Michel Pto, H. F. Hickman.

Ptu. W. B. Elves) Pie W. Barton. P. C. D. Melbourne. Pte. W L Pattenden. Pte. T. E. Pearce. Pte. G. A. Hastings." Pte. P. H. Holyoak.

mores de Pte. C. Lafrentz.

Le Cpl W. M. Hu-

phreys,

OFFICERS ON DUTYJE

With Main Guard: Capt. Brutton and.

Lieut. Branching

With Peak Guard: Liaut. Bleson, Orderly Officer: Capt. Brutton. Orderly Sergeant Ferat. J. C. MacKay, Orderly Col. Te.-Cal. CC. Hickling

(Ed.) W. L. CARE, Capt..

Adjutant H.K.V.R

Westminster

Tobacco

An unbounded de. fight to the hundreds of

men who have hitherto longed in vain for a perfectly blended cigarette of distinctive flavour and pleasing aroma, Beyond doubt the bon ami of all discriminating smokers everywhere.

Aide-de-Camp Virginia Cigarettes

Selected and blended from the cholest Virginia leaf and packed in air-tight tins,

IN BETURN FOR 10 EMPTY TINS WE GITE A HANDSOME CALENDAR FOR 1915, OB FOR 25 EMPIY TINS OKE OIL PAINTING STRETCHED ON CANVAS.

Hongkong, 5th March, 1915.

1381