1915-03-16 — Page 2

ILIATIONS

THE HONGKONG DAILY PRESS, TUESDAY, MARCH 16ru, 1015.

S. Moutrie & Co., Ltd. Co.,Ltd.

PIANOS

ON

HIRE

At $10 Per MONTH.

COMPANY REPORTS.

CHINA FIRE INSURANCE CO..

LTD

The report of this Company is as follows

The Directors have now the pleasure to submit their annual report and statement of the Company's accounts made up to the 31st December last,

1013 Account.This account shows a net profit on working of 8244,706,75, which sum it is proposed to apportion as follows:-- Dividend of $7.00 and Bonus of $2.00 per Share on 20,000 Sharea

pera To add to Investment: Fluctua

tion Account ......

1914 Account-The Balance at

Credit of this Account

DIRECTONIA,

|

(Not The Sterling Securities have boon and explanations we have required, and, în taken over at 6 per cent less than our opinion, the above Balance Sheet, is the values ruling on the 31st Decomproperly drawn up, so as to exhibit, a true her, 1913, except in the case of and correct view of the stato of the Com- Securities whose actunt value, on pany's affairs according to the best of our 31st December, 1914, was known.) information and the explanations given to us and as shown by the Books of the Com- Sterling Exchange taken at 19. 93-164,1

pany.

H. PERCY SMITH ..., A. R. LOWE, Y.. Hongkong, 12th March, 1915.

CPEMBERTON,

Secretary

Directors

Auditora

LUZON SUGAR REFINING CO,

LTD

The Report of this Company statco:-- The General Agents beg to submit to the Shareholders their Report on the Com- pany's business for the past year with a Statement of Accounts to 31st December, 1914

E. SKELLAM, W. PATTENDEN,

Auditors Report-We report that wa have examined the Accounts of the Company with the books and vouchers in Hongkong and Returns received from the various Agencies for the year ending 31st December, 1914. We have also satisfied ourselves as to the existence and value of tho Securities for Investiments, the cash at Bankers and on fortgage to the amounts specified. We have obtained all the informaation and explona tions we have required, and in our opinion the above Balance Sheet, which includes the allocation of the 1013 Working Account

The year's working shows a net proht of 300,608 16 baluce as shown by the Directars' report of

date attached, is properly drawn up as, to 830,766.31, and, as there was a dohit exhibit a true and correct view of the balance of 860,211.99 brought forward stato of the Company's affairs according to from the previous account, there is a debit the best of our information and the explana tions given to us, and as shown by the Hooks of the Company.

$180,000.00 G4,708.76

$241.706/73

Mr. E. Goetz resigned his seat on leay- ing the Colony and Mr. F. Lieb was appointed to fill the vacancy. On the

TUNING AND REGULAR ATTENTION regrettable death of Mr. Friesland,

INCLUSIVE.

PUBLIC AUCTION

OF

[31.5

A LARGE AND VALUABLE COLLEC-

THE

TION OF ANTIQUE CHINA

AND CURIOS.

Mr. A. Widmann was asked to fill the vacant seat. Mr R. Shewan and Mr. J. A Plummer were invited to join the directorate. These appointments require the confirmation of shareholders.n

Mesord F. Lieb, H. A Siebs, and A. Widmann havo resigred their seats on the Board.

The Hon. Mr. E. Shellin and Mr. J. W. C. Bonnar.retire by rotation and being eligible offor themselves for re-election,

"AUDITORS,

The annexed accounts have been audited by Messrs. A. R. Lowe and O. Bernard Brown, who offer themselves for re election.

E SHELLIA,

Chairman: WORKING ACCOUNT, 1918-ON 31ST DECEMBER, 1914

Dr.

Losses and Claims. Charges dealers, Directors and Auditors' Foos..."

Commissions

Exchange

the vell-known HE Undersigned has received Instructions from

Masers VUN YUEN TOAZ, of Shanghai, to sell by Public Anstion TO-DAY (TUESDAY), TO-MORROW (WEDNESDAY) AND Amount Written of Furniture

THURSDAY,

THE 16TH, 17TH AND 18TH March, 1915, COMMENCING EACH DAY AT 230 P.M., AT HIS SALES ROOMS, DUDDELL STREET,

Account

Balance

AN EXCEPTIONALLY FINE LOT OF ANTIQUE CHINA AND Net Premia Received, Less

CURIOS FROM SUNG TO TOWKWONG PERIODS.

COMPRISING 200

VEEY FINE KANGHI 5-COLOURED VASES WITH DECORATION JE BELIEF, RED LACQUERED SEAL BOXES, VASES AND BOWLS, JADE SCREENS, ORNAMENTS AND ENUFF BOTTLES, AGATE AND PORCELAIN SNUFF BOTTLES CRYSTAL ORNAMENTS

KANGHT 5-COLOURED AND BLUE AND WHITE VASES, BOWLS, PLATES AND JARS. ART.

KIENLUNG TAMILLE ROBE AND BLUE AND WHITE VASES, BOWLS. PLATES AND PLACQUES.WPAIGAKO

VERY FINE SANG-DE-BOEUF VASE.

VERY FINE KIENLUNG IMPERIAL FAMILLE ROSE VASE

VERY FINE KANGHI WHITE SOFT PASTE VASE.

Returns and Reinsurances Interest and Dividends Transfer Fees

A. R. Lowe, Chartered Accountants,

Auditors.

0. Bensand Brown, }

Hongkong 11th March, 1915,

CHINA SUGAR BEFINING CO. LTD

balance left of $29,445.68 10 be carried for- word to the new period,

During the first half of the year the

competition in Refined Sugar in the Phi lippines was extremely severe, but the Refinery worked at a small profit. With the outbreak of the European War, how ever, conditione, na regards Sugar im- proved considerably and enabled us to

how a more catisfactory result.

CONSULTING, COMMITTEE.

INTIMATIONS

JUST LANDED:

HIRANO MINERAL

WATER”

IN QUANTS, PINTS AND SPLITE.

Bottled by the

IMPERIAL MINERAL WATEE Co.,

LTD., OSAKA.

By appointment to the Imperial! Household of Japan, Offinially Recommended by the Medical Colleges of The Imperini Universities

of Tokyo and Kyoto,

(SAMPLES FREE)..

SOLE AGENTS:

CALDBECK,

On Mr. H. P. White's departure for Home, Mr. G. W. Barton was asked to MACGREGOR&C. tell his place. Messrs. J. W. C. Bonnar and Mr. G. W. Barton offer themselves for re-election.

The report of this Company states: --- The General Agents beg to submit Shareholders their report on the Cont pany's business for the past year wit a Statement of Accounts to 31st December, 1914.

The balance at debit of Profit and Loss Account amounts to $304,502.78 to be carried forward. As there was a debit of 849,204.32 brought forward from the pm- vious account, the net loss on the your's working was $255.338.40. $447,599.76

The past year, opened under unfavour- 58,159.45able trading conditions owing to the un 8.000,00 settled state of China, and very severe 168.290.36 competition was also encountered from

617.10 Japanese and Java white sugar. The out

break of the European War, however, 120.00 brought about an entire change as regards 244,706.75 Bugar and enabled us to work under better conditions for the latter part of the year. $ 027:3832.44

On the 31st December we had consider- able supplies of Raw Sugar in stock and to arrive, which have appreciated in value, and during the first two months of 738,680.66 the current year we have been able to make 188,400-70 good progress towards clearing off the

161.00 debit balance.

§ 927.932.44 CONSULTING COMMITTEE

On Mr. H. P. White's departure for Home, Mr. G. W. Barton was invited to

WORKING ACCOUNT. 1914-ON 31ST DECEMBER, fill his place.

1014.

Dr.

Losses and Claims Chargos

Directors" and Auditors Feen... Commissions

Amount Written off Furnituro

Account

VERY FINE KIENLUNG IMPERIAL YELLOW FAMILLE ROSE VASE. Balance SOOCHOW REDWOOD SCREENS INLAID WITH FAMILLE ROEP AND

BLUE AND WHITE PLACQUES (KIENLUNG, YUNGCHING).

Erc.

BUNG).

TOWKWONG FAMILLE ROSE PLACQUES, VASES, PLATES AND BOWLS,

OLD BRONZE VASES, INCENSE BURNERS AND FIGURES (MING AND

Net

ALBO

SOOCHOW REDWOOD CABINETS, TABLES AND FLOWER STANDS

N.B. The Undersigned will give a 2-weeks' guarantee as to the genuineness of the articles offered,

On View from WEDNESDAY, the 10th March, 1015, Catalogues now issued.

TMSCash on delivery.

Hongkong, 5th March, 1915,

Cr

The Committee consists of Hon. Sir. Paul Chater, CMG Hon. Mr. E. 8 311,049.81 Shellim, and Messrs. T. Maitland, J. W. 62,359.39 C. Bonnar and G. W. Barten who offer

8,000.00 themselves for re-election, 138,303:47

299.17 300,603.36

8821,520.19)

"AUDITOR,

The accounts have been audited by Mr, A. R. Lowe, F.C.A., who offers himself for re-election, as

JARDINE, MATHESON & CO., LTD,

General Managers.

Hongkong, 12th March, 1015.

R

NOTICE.

ALL Persons applying to the PROVOST

A

MARSHAL for Fasses are requested in-

Hongkong, 16th February, 1915.

[292

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED fubare to apply between the hours of 9 A.3. to

1 FM, and 2 to 4 2,3, daily, indu 31ST DECEMBER, 1914. To Interest To Loss in Exchange To Audit Fes

To General Managers Commis

sion

To Consulting Committee Fees To Allowance for Income Taz to Philippine Government 1 per cent. on net, Profit for the year****

To Balance Profit as per Balance

Shoot

By Gain in Working Account

20,498,47

20:10 000,00

0.780.17

| 1,500.00.

THE IDEAL DISTEMPER

SYNOLEO"

(Registered).

401.68

39,766.31

THE question of wall decoration is 69,094.78 one which should secure first consideration €9,094.75 in the decoration of the Home.

€9,004.73

SYNOLEO” is the Distemper supplied in a beautiful range of artistic tinto, cuitable for inside or outside uzo which produces that soft velvet finish so $700,000.00 looked for in modern House decoration.

222,805.77

SYNOLEO" only requires the addition of cold water to make it ready 110,000.00

7,977.01 for immediate uss.

DALANCE SHEET 31ST DECEMBER, 1014. Linbilities. Capital 7,000 Shares of $100

ouch fully paid Jardine, Matheson & Co., Ltd.,

Current Account AUDITORS.

Hongkong and Shanghai Bank The accounts have been audited by ing Corporation Messrs. H. Percy Smith, F.O.A., and A. Accounts Payablo R. Lowe, F.C.A., who offer themselves for re-election,

JAUDINE, MATHESON & CO., LD

General Agents,

Frenia Received, Less Roturas and Reinsurances... § 642,656.72 Interest and Divjilends

178:162.08 Transfer Fees

141.90 To Loss on Working Account 8 181,380,77 Exchange

656.50 To Interest.....

PROFIT AND LOSE ACCOUNT FOR YEAR EXDING Property as per last

3187 DECEMBE, 1914.

Additions legs sala

$1,040,872.79

Asseta

account

during year

$ 821,520,19

To Remuneration to Consulting

Committee

To Auditors' Focs

8645,842.86

9,629.72

90,707.69 Stocks of Raw and Refined

*** Sugar, &c. ...

Charcoal 2,500.00 Stocks of Coal;:

750.00 Btores, &e

654,872.07

214,748,64

43,449.00

BALANCE SHEET. 318T NEOKSER, 1914. LIADILITIES. DH

Fire Insurance Unexpired

@ 255,398.46

Premia

1,034.00

84,558.28

GEO. P. LAMMERT,

2,763.27

Capital Account

AUCTIONEER,

200,000 Shares of $100 each,

[364

By Balance Loss as per Balance

Sheet

255,398.16

8255,338,16

WM. POWELL

LTD.

TELEPHONE 346,

CABINET MAKERS

HIGH-CLASS

FURNITURE

MADE FROM THE BEST. IMATERIALS.I

UNDER CAREFUL SUPERVISION

DESIGNS.

SUGGESTIONS.

ESTIMATES.

FREE.

EVERYTHING FOR THE HOME.

820 per Share paid up......$ 400,000.00 Reserve Fund Account

1,000,000.00

Extra Reserve Fund Account... Investment Fluctuation Account Exchange Fluctuation Account.. Iteinsurance, Fund Account ..... Accounts Payablo

Losses Outstand

877,588,30 5,038.94 98,188.69 219,099.46

Dividend for 1913 8180,000.00

ing and Sun- drios 228,209.49;

408,200,40

Working Account, 1914-

Balance at Credit.

300,608.38

$3,303,328.24

ABSETS. Or

Cash at Bankers---.

On Current Account Silver 45.817.08

BALANCE BREET, 31ST DECEMBER, 1914

· CAPITAL AND LIABILITIES.

Capital 20,000 shares of $100

each fully paid up Equalization of Dividend Fund Repairs and Renewals Accounts Sundry Creditors

ASSETS. Cr

$2,000,000.00

Accounts Receivable Cast in Hand ... Profit and Loss Account

Balance as per last

Recount A $69,211.99 Less Profit for your to date per state- ment

39,766.31

-20,446.69

$1,040,872.78

JARDINE, MATHESON & Co., LTD.,

General Agents. 60,000.00 20,035.69 J. W. C, BONNAR 3mbork of Consulting

Committee 2,396.802.95 G. W. BARTON, AN

AUDITOR'S REron.I have andited the $4,475,631.54 above Balance Sheet with the Books in Hong

Property Account consisting of --

Fast Point Re

finery; Seatow Refinery, Hong

Bccount $1,609,283.03-

On Currë at

Account Ster

Long Distillery,

ling $ 0,700 00

109,876,52

na per fust

On Fixed De-

Less Sale of How-

posit Silvor....

260,000.00

rington Pro perty, otce

228,851.11

Mortgage

684,014.09

On Fixed Do

pont Sterling £12,197 5 7 141.502.10

Investments cla

In Sitrer Securi

Securities. C0,545 176

In Sterling

£72,743 18:10

Loons on Mortgage :---

On Properties in

Hongkong. $1,001,300.00

On Properties in Shamsen, Can- tor

On Properties in

Shanghai

350,000.00

Cashi Raw and Refined Sugar, Stocks

at Costu

572,535.04 Charcoal, Coal, Launch, ete.

160,256.40

1,311,656,40

2,000,00

Furniture Account:--

Offcs Furniture, etc., Accounts Receivable

Premia due frem, AgenGICS, Interest due on Deposits and Investments,” etc.

175,347,01

$3,303,328.44

Sundry Debtora.... Shipments less advances Profit and Loss Account:—

Balance as per

last account" S

Add Loss for year

to date, per statement

49.264.32

255,398.46

kong and the accounts and returns certified by the Company's Agents at Manila and find such-Balance Sheet in accordance therewith. In my opinion the Balance Sheet is properly drawn up so as to exhibit a true and correct view of the Company's affairs at 31st Decem- her, 1914, according to the best of my in- formation and the explanations giren to ma and as shown by the flocks of the Company, I have obtained all the information and ex- planations I have required.

A. R. Lowe, F.C.A.,

Auditor Hongkong, 10th March, 1916.

NEW ZEALAND INSURANCE CO.,

VA.LTD.

1,232,637.02 160,000.00 203.61

559,790.00 The 70th annual report and balance 170,404.42 sheet of the above Company shows that 688,908.91 the Fire, Marine, and Accident Premiums 933,393.50

after deducting returns, and re-insurances amount to £600,30918-The balance brought forward from 1913 was £48,370 16. Id which less dividend at the rate of 3/8 per share left a balance of £22,129 109. Id. The surplus on the year's transactions, after making full provision 304,802.78 for all ascertained losses to November 30th, amounts to £109,462 29, 8d., giving a $4,475,681.51 total of £131,691 19s. 9d. This, after boug dealt with, left a balance of £46,501 198, 9d,

Send for tint book and fullest information to the Manufacturers:-

WILKINSON,

HEYWOOD & CLARK, LD.

(HONGKONG BRANCH),

ALEXANDRA BULLDING,

Telephone: 763.

Hongkong, 17th November, 1914.

106-3

ASAHI BEER.

THE DAI NIPPON BREWERY

ASAHI

BEEN

& CO., TOKIO, JAPAN.

With this it is proposed to pay a dividend OBTAINABLE EVERYWHERE.

JARDINE. MATHESON & CO., LD. General Agents,

of 6 per share for the year, less interim FLATTLAND,Members of Consulting

dividend of 3/- per share paid in August, which will absorb £22,500, leaving an C. P. CHATE, I Committee.

available net balance of £24,091 10s 9d. A Auditors ReportWe bore examined the sum of £40,000 has been transferred to Accounts of the Company with the Books and Reserve Fund, and £22,500 has been trang, Vouchers for the year ending 31st December, ferred to Investment Fluctuation and 1914. We have obtained all the information. Contingency Account.

SOLE AGENTS MITSU BUSSAN KAISHA.

HONGKONG.

881