1915-03-19 — Page 3

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COMPANY MEETING.

THE HONGKONG FIRE INSURANCE

COMPANY, LIMITED.

The forty-sixth ordinary meeting of the above was held at the offices of Mesars, Jardine, Matheson & Co., Ltd. (General Managers), yesterday. The Hon. Mr. D. Landale (Chairman) presided, and those also present were-Sir Paul Chater, O.M.G., Messrs. F. Maitland, C. 8. Gubbay, and G. W. Barton (Directors), Hon. Mr. H. E, Pollock, K.C., Capt w E. Clarke, and Messra. G. K. Haxton, H. W. Looker, Ho Fook, C. C. F. Cunning ham, A. O. Davidson, C. Osmond, A. H. M. da Silva, J. M. C. Basto, J, M, Alves, E. J. Chapman, with the Secretary, Mr. L. N. Lcelo

The Secretary having read the notice. convening the meeting,

THE HONGKONG DAILY PRESS, FRIDAY, MARCH 19TH, 1915.

t

YACHTING.

There were no questions, whereupon The CHALIMAN moved the adoption of RACES IN AID OF THE BELGIAN the report and accounts.A

The Hon Mr. POLLOCK seconded, and said-I have very great pleasure in acconding the motion which has just ben proposed by our Chairman. As the Chairman has pointed out to us, the figures before us dire of a very satising tory character, represating. I think, a record in the history of this Company. And I think the shareholders must co sider it very satisfactory that whilst maintaining the previous dividend of gas per share, we are able to pass auch a handsome sum as addition to the reinsurance fand. With these remarks, gentlemen, I beg to second the Chairman'a proposal

The CHAIRMAN then put the motion to the meeting and it was unanimously carried.

Mr. Looken proposed, and Mr. Ho Foor seconded, the re-election of Sir Paul Chater, Messrs. G. W. Barton, F. Maitland, and C. S. Gubbay as nem- bors of the Consulting Committe.

This was unanimously agreed to. Capt. CLARKE proposed, and Mr. HAXTON seconded, the appointment of „Mesars. H. Porey Smith and A. R. Lowe as auditors to the Company until the next ordinary meeting, at a remuneration of 8400 each.

This was unanimously agreed to." The CHAIRMAN That is all the business gentlemen, thank you for your atten ance. Dividend warrants will by ta'y to-morrow, and may be obtained es application..

The CHAIRMAN said:-Gentlemen, —- It gives us satisfaction to come before you So-day with so good & report on the year's oporations as that which has been in your hands for some days, and which, there- fore, I propose, with your permission, to fake as read, in accordance with custom, The post year has certainly not, I think, been productive of any diminution in fire waste in the areas where our opera tions are chiefly conducted; Bombay especially has been the scene of extensive Grea in the district devoted to cotton storage, but we have been on the whole fortunate, and our sharo in the lossen which have occurred has not bees to an extent to cause anxiety. The premium income, you will notice, shows the dis. covery of fresh sources of revenue, and the cost of the business as a whole is very modorate. In this connection, I should state that your Consulting Committee entertained no doubt that they were

It is announced by the Foreign Trado acting in accordance with the wishes of department of the Chamber of Commerce at San Francisco that arrangements have shareholders when they yielded to the been under way and are nearing comple applications for support to the Prince of tion for a new and greatly improved steamship service between San Francisco Wales Fund by contributing, on behalf and Java. The proposed service will con- of the Company the sum of £250, which, siderably shorten the time between this at the rate of exchange then ruling, port and the East Indies, and it is prob- cost $2,807.02. This sum, together withable that it will ultimately includó a

SHIPPING NOTES.

The Blue Funnel steamer Irion shortly after leaving Kobe for Manila lost al propellor and was consequently two days Jate in reaching Manila.

A new P. and O. steamer to by called the fashmir, the seventh of the new 9,000-ton "K" class, has just been Inunched from the builders' yard at Greenock. These vessels and intended for the company's intermediate passenger services to Calcutta, and the Far East respectively.

directline of steamers between Sun

RELIEF FUND.

HONGKONG LADIES' RIFLE SHOOTING ASSOCIATION,

SECOND DAY'S SHOOTING The following ure the Handicaps for the Yacht Races, which are being held on the The annual shooting competitions of the 27th inst. and 5th proximo under the Hongkong Ladies Rifle Association were uspices of the Royal Hongkong Yacht continued yesterday. The following are Club assisted by the Corinthian Yacht yest

Club:

HANDICAP CLASS.

To bo sailed Saturday, 27th inst. ) ----

Spoondrift Ellaine Buccaneer Vora

Secs, per milo. Scratch. 10

ONE DESIGN BILK.Y,C., HEYWARD HAYS AND

GAEL CLABI, O.TONE To be safled on Saturday, 27th inst.:

Socs per mile

Scratch.

50 YARDS (SCRATCH). Bira. Griffin Miss Hoskyn

Mre. Forsyth

93

===

INTIMATIONS.

LANE

CRAWFORD&Co.

.84

PURVEYORS

92 (12) 100

80 (18) 93 71 20 97

Dione

MTB. Dauby

La Linda Holla Colleen

Miss. Loureiro.

:15.

Mrs. Ralphs

40

Mrs. Anderson

Mus. Forsyth

Kathleen

45

Mis E Woodcock

Dorothea Ayesha

60

Mrs. Greaves

70

Mrs. Wakomar

80

Miss Wilkinson'

80

Mrs. Olive Cronit

.80

100

50 YARDS (HANDICAP),

Mrs. Ralphs...

Mrs. Scott Harston...

95 (scratch) 95.

Ails Allonsh

79 (13) 02 91 (scratch) 91

Daphno Bonita

Mrs. Murray Scott

Haleven

Misa Hoskyn

(4) (0) (scratch) 90

Mrs. Olive Crona

(15)

Sirius.

Miss Wilkinson

Dawn

30

Mrs. Anderson

White Rose

130

Miss Lammort

61

Lien

Gwen

Mias E. Woodcock

68

Mrs. Wakeman

62

Lysbeth Bat Gael

Thecla Joan Asthore Ogl Toinette **** Beatrice

CRUISERA.

****88888888882990

30

35

40

To be sailed on Monday, 5th April

Secs, per mile. Scratch.

Miranda

Queen Bee

Norseman

Jenone

Baipe Irene Margaret

Moklin Iris Erin Evadne Brenda

Mist... Scotengden Eleanor Dorothy II Tuttan

358888888888888

¡Miss Loureiro

Airs. Greaves

Mrs. Danby

Mro. Griffin

GERMAN NAVAL LOSSES. VESSELS DESTROYED SINCE THE WAR BEGAN.

The following is a list of vessels lost to the German Navy since the outbreak of war, so far as these have been disclosed:

ARMOURED CRUISERS.

Blicher..........

LIGHT CRUISERS.

Scharnhorst:

Greise naïs

Yorck

Magdeburg

Köln

Kalberg

Mainz

Dresden Emden

Томн

15.560-

.11,420

11 420

9,980

Tons.

4,480

4,780

4,280

4,280

3,800

3,500

Nürnberg Königsberg

9,300

3,940

60

Leipzig

3,200

Ariadne

2,600

Hela

2,000

.200

GUNBOATS.

Tons.

Cormoran Jaguar

1,600

880

Triche

.830

Iltis

880

Tiger

880

Howe

040

the expenses attendant upon the rovision Francisco, Manila and East Indian of the Articles of Association and acquir ports. Although announcement of the ing extended powers under the Com-name of the concern which is to take up HANDICAP CLASS, ONE DEBION CLABS, HAYWARD pany's Memorandum, has been debited the new service has not yet been made,

Bays & San Francisco paper, it is stated

to the charges for the year 1914, and by local shipping men that it will prob affords the reason for that figure being ably be the Robert Dollar Steamship larger than usual. At one time, it might

Company. have been thought that the provision which A Japanese weekly journal published in has been made from the profits of previ-Tientsin has the following to say regard- ous years to withstand depreciation in ing Messrs. Butterfield Swire versus the Haiho Conservancy Board Moura investments, due to exchange or market Butterfield & Swire have brought a suit influences, might have been called upon for damages against the Haiho Conserv this year. It will be even, however, fromancy Board re the Company's steamers the investment and exchange fluctuation account, that this has not been the ease; in fact the sum standing at credit of that account is rather larger than a year ago. Our securities have all been written down to the official rete ruling on 31st Decem- ber last, where one has been obtainable, where it has been impossible to obtain

Tunjchow, benytter, and hashing, all of which were recently ice bound in the reino. Mesars, Butterfield & Swire say that they despatched thres vessole from Shanghai to

A shipping contemporary draws atten

The

HAYS CLABS AND GAEL CLABS.: LADIES RACES,

To be sailed on Monday, 5th April-

Dione

I Linda

Soden and Komet captured.

DESTROYERS.

Five of the S class, V187, Take, and two,

Secs. per mile! Scratch.

G

Rolla

15.

Colleen

40

Kathleen

45

names unknown.

Dorothen

60

SUBMARINES.

.70

80%

Ayesha Corrindo

Ailsa

08:

Spoondrift Ellaine Buccaneer Vera

80

.80

100

120

Allanah

.720

Daphne

120

Tionita Halcyon Birius

120

120

.150

Dawn

150

White Rose

.150

Liza

150

Gwen

,150

Lysbeth

1150

160

155

155

155

155

.100

.300

.170

Bat.....

Gool Thecla

Joan Asthoro

Owl

Toinetto Beatrice

U15, U18, U28, and U19.

"AUXILIARY VESSÉLS,

Königin Lutise, minelayer; Kaiser Wilhelm der Groase, Cap Trafalgar, Maskómania.

CONSPIRACY, IN TONKIN.

SEVEN TRAITORS EXECUTED.

Tientsin upon receipt of the news that the pont of Tientsin was accessible to vessels. in epite of ice-fluss. This, however, they allege was got borne out by the facts. They went up the river with difficulty and when they reached Tangka, they were

The Government authorities in Tonkin have successfully brought to book a num- bound by ice at that port for nearly three weeks. While lying idle alongside

ber of natives who were discovered to be one then at the rate ruling on dist Tangku Wharf, they wore obliged to pay

carrying on a widespread conspiracy of December, 1913, or at purchase price if a berthing fee of 11s. 200 each per day.

disaffection. A remarkable feature of the propaganda was the use of leadlets written bought sing. Such sterling sesurit es The firm contend that all the losses have

in invisible ** sympathetic'' ink by one as we have aro of the most stable kind been caused through the carelessness of

of the ring-leaders, who posed as a and show a very slight loss, which is more the Board and that such losses should be

chemist and distributed these incendiary than made up by the lower rate of made good by the Board.

pamphlets wholesale in the claps of exchange ruling when the accounts were

apparently innocent wrappera of medi closed. Our compulsory deposit in Japan

cizes. Several secret societies had been showa a decline in value, but this, also,tion to the changes which have taken place

formed with the avowed object of chasing is more than offset by exchange. The daring the past year in the relative posi

the French from Tonkin, and among heaviest handicap that we have had totion occupied by the various steamship

other incriminating documents found in deal with has been due to the adverse companies in respect of tonnage.

the possession of the leaders of the move- MOTOR BOATH rate of exchange which has lately made British India and Ellerman Linca still

ment were plans of the fort of Hansi and itself apparent between Shanghai and retain, respectively, first and second Course: Kowloon Rock (5), Mark Boat of a number of villages in the surround- Hongkong. This is a new feature altoge places The former undertaking how on starting line (8), Cust Rock Buoy (8), ing country which it was intended to ther which, if not remedied, will impose ever, has lost some of its lead, its present Mark Boat on starting line (P), Channel pillage and burn. Thirty-six of the con- à very great difficulty on all local com- total tonnage being 689,810 tons, as com- Rock (P), Kowloon Rock (P) and Home. spirators were brought before a court, paules trading with the North, We, of pared with 713,087 tons twelve months ago, (Handicap later.)

martial held at Yen Bay on February course, derive a large portion of our while the latter has increased its aggre

Yacht and Motor Boat owners are "re- 12th-15th The principal counts in the premium income from the North, and a gate from 698,123 tons to 642,561 tons. The minded that these races are not confined indictment were charges of conspiring to addition have substantial sums invested third place, which a year ago was occupied to members of the two Yacht clubs, but are overthrow the Government, of inciting to in debentures and other desirable securi-by the P. & 0. Company, is now taken by open to any Yacht or Motor Boat in civil war, of forming secret societies with ties in Shanghai: An alteration, there- fore, of the rate of exchange from the the White Star Line, whose increase of those waters. Entrance fees for Handicap criminal intents and of supplying arms Bevon men were tonnage from 487,097 to 300,007 has enabled Class and Cruisers $10.00, others $5.00, and plans to rebels, normal basis of seventy-three to seventy- it also to outstrip Messrs. Alfred Holt & to be sent together with entry to Mr. D condemned to death, eleven to penal four taels the hundred dollars to seventy Co. The Furnes Line remains sixth on K. Blair, Hon. Secretary, Sailing Com-servitude for life, and fifteen to shorter eight or seventy-nine, means a

very heavy loss to us and renders it impossible to the list, but Messrs Elder, Dompeter & Comittee, Royal Hongkong Yacht Club, Mr. terms of penal servitude and imprison- employ the profits from the North for who were seventh last year, have gone & D. Ges, Hon. Secretary, Corinthian public execution of the seven condemned ment, only three being acquitted. The the purpose of the Company's needs in down three places having been distanced Yacht Club, or Mr. G. H. Wilson, c/o traitors took place on February 19th in Hongkong.

But for this there would by the Royal Mail Beam Packet Company, Messrs. Robertson, Wilson & Co., Beacons the presence of the entire garrison and have been a large profit on the book value the Union-Castle Line and the Cunard field Arcade.

All the local European and native civil authorities, and large numbers of the inhabitants. The Government's firm has not, I think, been exceeded in the The Manchurian Daily News (Dairen)

handling of the situation has created a Company's experience. It enables us to remarks that steamer freights on cargues

im wholesome impression on the minds of the maintain our usual dividend of $27 per from various Oriental ports, comprising The following will represent the Hong-natives, and recurrence of the trouble share, and to make the substantial addi-Shanghai Kobe, Dairea, Vladivostock, kong Cricket Club against Craigengower in this locality is anticipated. The rebel tion to the reinsurance fund of etc., lo Europe are in ordinary times Cricket Club on the Club Ground in ring-leaders are believed to have been $161,050.20, and I hope these recommen la quoted at 26 to 42 shillings per ton for Saturday. Play will commence at 2.15 instigated and financed by Germans, one tions meet with your approval. The regular liners and about 20 per cent. p.r.:- Hancock (Copain), RN is known to have been in Germany last reserve fund now equals the uncalled cheaper for tramp vessels. The amount Anderson, AL Gace, A. Hooper, P rear, and another was formerly attached capital of the Company, and we loo! dis of beans and other cereals for shipment Jacks I. Kennedy, af M. bias. E. J. to the German embassy at Peking — posed to leave it at that until the from Oriental ports, especially from Dai-R Mitchell, S. S. Moure, H. E. Muriel, Straits Times, reinsurance fund has made rather more ren and Vladivostock, is very large this and T. E. Pearce. Headway than at present. In view of year, the total tonnage of these cargoes this favourable report and the satisfac-which has been contracted for export from tory state generally of the Company's the above-mentioned two ports during the

ffairs,

the. Consulting Committee current month being estimated roughly at advocate the payment to the staff of a 200,000. In consequence, a dearth of bonus of 10 per cent, upon their salaries, Japanese tramp vessels of the larger type which I hope you will approve of is being acutely felt. The tramp vessels cannot close my remarks without a refer are charging rates higher by 40-60 per

to the war,

which overshadows all. cent. than those asked by the regular I do not only resort to forecast, but it seem liners, and still find more cargues than

to be prepared for a they can conveniently handle. diminution in the inecane we derive from The comparison of rates, as quoted on certain centres. This, if the case, will darch let, is as follow

Tramp Rates Liner Rates From Dairen From Kobe. 75% 30s.

(Deferred rebute) 303, of 10 per cent, 425 The present flight of rates is indeed un- precedented and indicates what a brisk demand for cereals from Europe is being kept up..

of our assets this year. The anrplus of Line." $377,959.20 which we bave to deal with

ence

Shanghai)7292

affect the figures to be published next year, but I have every reason to hope that any loss of this nature will be offect by Rice Freal sources of revenue. I now have pleasure in proposing that the report and Seeds (from secounts as presented, including the appropriations recommended, and the bonus to staff, be adopted and passed, and after this resolution has been seconded it will be before the meeting for discus-

sion.

Beans

709

CRICKET.

HONGKONG v. CRAIGENGOWER.

ASSOCIATION FOOTBALL. HONGKONG LEAGUE DIVISION 11

VICTORIA ROVERS AND CONFUCIANS PLAY A DRAW.

to

THE GERMAN PLAN.

AND HOW IT WAS OVERTHROWN.

The Matin describes the German plan, of the Hongkong League is being, gradu- ing Paris in sections and endeavouring to The programme in the second division which it believes to be authentic, for raz- ally wound up. Last evening the Confu- exact crushing conditions*** from cians were opposed by Victoria Rovers en France, including her co-operation the Club ground, the game ending in a against Great Britain, prior draw of two goals each The Confucians the destruction of each excticu were much the cleverer and quicker com- The battle of the Marne upset the German bination, but they lamentably failed to calculations England proved on un- take the fullest advantage of the blunders rivalled fighter, a generous friend who on the part of the somewhat stiff and staked everything, men, ships and money, veteran members of the opposing ranks and showed herself to be a valiant com The Rovers indeed might easily have wou, rade in the battles of the Lisse, the Oise frequent, but perfectly legitimate use of the Lys and the Yeer, while her ships had their weigut making the Chinese boys feel swept the German fing from the seas. To rather uncomfortable and nervous, and day after seven months of war, Germany causing the defence to be unsteady. Mr. was confronted with the spectres of famine F. W. Wright was the referee.

and failure.

AND IMPORTERS

OFF THE

HIGHEST GLASS GROCERIES AND

PROVISIONS.

JUST ARRIVED:

FRANCO-AMERICAN

SOUPS AND BROTHS.

EDGAR'S

MARROWFAT PEAS.

CHIVERS

LIBBY'S

FRUITS IN TINS AND BOTTLES,

TINNED MEATS.

DEL MONTE

FRUITS AND ASPARAGUS.

CALIFORNIAN

CRESCA

VEGETABLES AND SALMON.

OLIVES, OIL AND SAVOURIES. PHILLIPPE & CANAUD'S

SARDINES IN OIL.

We are now receiving our Regular Shipments of Stores from Ergland, France and America.

ALL GOODS GUARANTEED.

FREE DELIVERIES TO PEAK TWICE, AND KOWLOON ONCE DAILY. ORDERS OF $50 FREIGHT FREE TO ALL COAST PORTS.

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