1915-08-28 — Page 3

Page

COMPANY MEETING.

THE INDO-CHINA STEAM NAVIGATION 60., LTD.

King's Own Scottish Borderers, and unable to obtain leave of absentee, it devolves on me wh Deputy-Chairman of the board of directors to deny the chair at this meeting.

Captain Keswick dasires me to express his regret that he is unable to attend here to-day,

The report and accounts having been in

|

the smaller business transacted during the period ander review. Investments. show little change on last year's figures, Expenses of debenture issun have been written down by £1,480, and your board. hape that this unproductive asset will disappear altogether from the balance sheet at the close of the current year's working.

the

to

To pay the usund 6 per cent, on

preferred shares

To pay a dividend of 3 per.

cent, on deferred ordinary shares.

1,439 7o 7,224 145 Loving & sum of... to be carried forward to 1915 account.

THE HONGKONG DAILY PRESS SATURDAY, AUGUST 28rn, 1915.

COMMERCIAL.

OPIUM.

Messia. S. Botha & Co. of Hong- kong in their formightly circulur (125) to 20th August) report as follows:-

| COTTON AND YARN.

Arrivals: The extra str. Reign are from Bombay has brought in 3,000 bades for Hongkong, and 2,000 bales for Shanghai. Shipments from Hong kong to Shanghai, coast ports, etc.. 1,800

bales.

Shanghai.-Thin market is renerted as being still active.

Japanese Yarn.-Sale as follows;- 300 bales Setan No. 10 at $974 to 89N: 200 bales Sebau No. 20 at $127 to $129. 500 Ivales Yellow Joss No. 20 at $114 to. $117.

SPY'S CONFESSIONS.

SIS VESSELS TORPEDOED AFTER A DESPATCH:

name

HONGKONG VOLUNTEER CORPS:

·OUDERS BY LIEUT.-COL. A. CHAPMAN, V.D.

JOINED.

The undermentioned, having joined the Corps, am allotted Corps numbers and posted as follows

No., 1900 Gunner A. C. Johnstone to No. 1

Section Arty. Batty,

No. 1901, Gunner J. f. Jolinstone to No. 1

Section Arty. Batty...........

SIGNALLING,

Signalling classes for units other than tho Signalling Section will comence next week and will be held at Headquarters ** follows.

INTIMATIONS

LANE

CRAWFORD & Co.

INSUPERIOR

INVALIO'S PORT ♣

THE PROCICH IS FOR,SE;

AGENTS FOR

CUTLER, PALMER & CO.'S

WINES AND SPIRITS.

A FEW SPECIALITIES:

NAPIER JOHNSTONE'S

WHISKY

SQUARE BOTTLE

UNVARIED FOR 150 YEARS. VERY SUPERIOR OLD

COGNAC **** POTTLED IN FRANCE, HIGHLY RECOMMENDED. INVALID PORT.

A VERY CHOICE WINE, MOST SUITABLE FOR INVALITS OLD TAWNY PORT. SOFT AND SILKY (15 YEARS IN. WOOD) AMOROSO SHERRY.

A SPECIALLY SELECTED CHOICE OLD WINE

VINO DE PASTO

DRY, PALE, EXCELLENT DINNER WINE. LANE, CRAWFORD & CO.,

WINE, SPIRIT & CIGAR MERCHANTS,

SAKURA

BEER.

TRADE

MARK

Carð Höneriek Anyundus, aged twenty- The thirty-fourth ordinary general

Bengal Opium-No sals are reported our, was sentenced to six months' impri in the market. Clearance, mit Unsold Teling of this Company was held at the

Passing now to the revenue recount: stock:-57 Chests of Patau New, 369 peut and subsequent deportation at offices of the Company, 20, Cornhill, Let You will observe that depreciation is Chests of Parts Old, 105 Chects of Bristol last month on charges of attempt- don, É. C., on Friday, July Brd, Mr. C. approximately £14,000 Less than last year. Benares New, and 113 Chrest of Benares ing to get information on the movements of 1'should explain that while our etenners Old, in all about 644 Chests, Sold but H. Boss, Deputy-Chairman, presiding. j are thoroughly well kept and cared for uncleared stock:-98 Chests of Patra troops and of passing under an assured

After the Secretary (Mr. A. G. Wells) out of revenge, our custom has been to New, 63 Cheats of Patna Old, 0 Chests name, hal end the notice convening the mystingers. if at all, on the side of liberality of Benares New, and 18 Chests of Benro

One result Old, in all about 108 Chests.

According to his own statement he in writing off depreciation.

Reported and the report of the auditors;__

of this is that book values tend in many closing quotations (por chret ams - Hamburg on July-29th-last and wont fik The CHAI said:-Gentlemen, in the eases towards a mere breaking up value Palma, new 99.3257 Patna, old 99.200 Ameries. He said he then joined a vesse

bound for Gothenburg as a coal triminer. absence of our Chairman, Captain Henry while the steamers thesives have still Benares, now $9,050 Benares, Old

Matwa OpiumSales are reported of but the ship was captured and brought to Keswick, who is with his regiment, they valuable years of earning power

before them. It becomes, therefore, about 3. Chests at $9,500 (per picul). England. She contained contraband. In expedient periodically carefully Charages of about 5 chests. Unsold stock Bristol he obtained a military pass to the examine the ncatal condition of is estimated at about a chrets, Suld docks in the name of Stephens, and subse- the steamers in Telation Lo their but uncleared stock about 1 chests.quently met Lance-Corporal J. A. Stanley, book valne, remembering that: a Reported closing, quotation (per pict), Bik Gloucestershire Regiment, whom he Yossef has in certain breaking up $9,400 to 20,500.

said he was sorry to see in uniform, s value after her earning power coses.

The Germans were sure to win the end. It is in pursuance of this principle which,

The presention added that at a later as many of you will remember, was

dete Lane-Corporal Stanley told Amundris initiated seven years ago, they, we have Front Messts. Bethna & Co.'s fortnight-that he was born in Hamburg and that his decided upon the figure charged in the fly circular-

was Hathsteiner, though he hat. present Aegon nie, The life of each Cotton-Sales are reported of about your hands for some time. I will with same lins be carefully, stered by 500 packages at $ (per picul). Uldally come from Canada. A mundus then your permission, take them as read. The three different and highly competent stort is estimated at abr 2,200 packages, shock hands with him, saying. Tho accounts are presented over a month later exports and the depreciation provided is Closing quotations, at 827 to 53 (pre sons of us here yet." He added that than last year; the delay, however, is due based on their report with a bias towards picu!)

The was trained in the German Army, in entirely to the fuck that one general the safe side. The board have satisfied Audio Fard-Ruled steady: Owing which I was an effè r, and that he had managers staff in China has been thegselves that it is in every way ample to favourable advices from interiur, sent two messages containing formatjón vory much depleted owing to a large mua. I might perhaps mention that no account buyers came forward and purchased to Germany vs the Inited Slabs anl ber of men having enlisted for the war, whatever has been taken of the imones good lot at a slight advance in ratis Norway, six vessels having been torpedoel and, this being so, it is perhaps unners-appreciation in the value of tonnage dus Sales are reported of abous, 5,000 bals, after his letters had been despatched. sary for me to apologise for the delay the war, an appreciation so great that comprising of about 200 bales of No. 65; He asked Stanley if he could get informes which was unavoidable, and is only one of

we have been compelled to insure the 100 bates of No. 693360 hals of Notion of datow that topships left Eugland, the many inconveniences which have to beffert at higher values for the current year 30; 3050 bales of No. 12s; 200 bales of ar if he wen je ramp, the number of accepted and which are ascribable to the view of increased cost of rykacement No. jos; and 700 bales of No. 201. troops going to the fronts. He ako suin war in which our country is presenĖ in the event of loss. The net earnings of Unsole stock is estimated at about 39,000 The English think they are smart, - bru engaged. Before commenting on the the steamers amount to £78,162, a considhales Sold but uncleared stock is about there sire a great meny Germans in Eng- accounts Bow before you, I would like teerable decline on last year's figures, and 15,000 bales. Market closes stendy. Had yet I know of a family on the say a few words with regard to the viciss balance available for division Japan Yara-Sales, are reported of Channel est providing Germ boats nitudes of the past year's working. It amounts to £29,539 15. 5d. The directors about 900 bales at $108 $116 per badę.

with supplies. He was only waiting for was a period of great changes" and difficulties, and one for which we have this as follows:

propose, with your approval, to allocate

Messrs. Polishwalla & Kotwall; cotter a false birth certifiest, which his father similar precedent in the annals of our

and yarn brokers of Hongkong, in their was sending from the United States in

order to leave. He further stated that lie! Company. As you were informed by the

.....14,876 14 € circular dated August 27th Bay :- Chairman at our Inst meting, the year

The market again quicted down, with had in Lordon, an ecle who was in d 1914 had oposed badly-this ing due in

hardly any business passing during the employ of the German Government. a large measure to political unrest and

In his lefence Amundus said that he tol Latterly, first part of the fortnight. financial stringency result of the great

however, a more lively tone has prevailed, Stanley lies because Stanley told him things: revolution which had thrust the Manchu

resulting in comparatively substantial be did put believe. He had served in the dynasty from the Imperial Throne of

sales, which reach the not unhandsome German Army for one year and held the Chine. In the South and also in the I am pleased to be able to report to total of 6,000 bales. Prices, on the whole, rank of officer in the reserve, but he was North of China and throughout the you that prospects for the current year have been steady to firm, middling to young and medically unfit to be qu Yangsze Valley, the depreciation of the are engraurnging. On the Culentta Line

"Tons" showing an advance of fifty cents offiest in the regular German Army. prorucial currency notes (which had the Japanese Company which has been

to ote, and half dollars, bat superior. been issued in enormous quantities dur- apposing us for several years bes

tene have not altered, owing to the ing the revolution) created situations recully, to some extent, cooperated with Yannan market, the main outlet fer this which made business practically impos us raising rates to a paying level, and Mass of vare, having been almost at a sible, and local merchants with expensive 1 am no altogether without hope that time-charter tonnage on their hands had this may eventually lead to a friendly standstill for the past few weeks. by force, of circumstances to kik round settlement of the dispute with them. On Deliveries have also been a little more for outside employment-employment ob- the Const. of China it must be remembered active than in the preceding period. Closing tone fairly firm. Total sales tainable only at a low range of freight, there are not the dangers to navigation 6,000 holes. Unsold and undelivered in thus causing great financial embarrasso be apprehended from mines or sub the godowns 47,000 bales.. ment to the Chinese Hongs concerned,maines, consequently rates kase not Freights during the spring and summer increased in the same proportion as those montes remained at figures which did not nearer home; sti!! n good demand for cover working expeases, and as the Heme tonnage exists at rates which should political atmosphere grew more dinse, so furnish a fair return to shareholders. If the confidenen of operators was impaired, all goes well during the remaining mouths brade, went from had to worse, the aitun-of the year I hope we may come before tion culminating in the outbrook of you with a more satisfactory statement hostilities in Europe in early August. than we have had to present to you on Up to this point our Company's trading this occasion. had been of a most disappointing nature, for on the Coast of China and also on the Yangte River, but few of our boats were covering expenses, while on the Caloutta Lins, where cargo was moving in fair quantities, freights were perforce kept on ch abnormally low level owing to the keer opposition from the Nippon Yuses Kaisha Line of steamers, When the war broke out, business was practic- ally suspended for some weeks, but with man, if there be any possibility of your BRITAIN STANDS FOR WHAT Gun Club Hill, Kowloon :-- the total disappearance of the German paying an interim dividend instead of merchantile flag from Chinese waders and | our whiting for a whole year-say, at the the withdrawal of tonnage to meet Gorand of six months' time provided the ernment demands, the scarcity of steamers business of the Company continues in a began to be felt. As trade was gradually satisfactory condition! Will the direc resumed, the fewer vessels sucking cators take into consideration the pu ployment was soon able to command gel sibility of paying six-monthly dividends freights, and from this point onwards instead of relvemonthly dividends? business was quite good: In the early The CHAIRMAN: In reply to the first autumn the operations of our vesselquestion, I think I indicated that the especially on the Java and Calentia r 18 trade which we are doing at the present became a matter of grave anxiety to the time is quite satisfactory and, so far as board, and long and expensive dels the board are able to judge, is likely to ooourred at loading and way porte, pa i continue so for some time. (Hear, hear.) cularly during the period when The With regard to the second question, the Braden was so unpleasantly active, To Board 1 80

will sure,

Day safeguard your interests the board interim insured all vesels engaged in those trades ngalist war riske under the Government scheme; it is a matter of satisfaction, however, to recard that throughout the year no casualties of a serious nature occurred, save the sinking, by the Eden, of the time-chartered steamer Lovat in the Bay of Bengal on 11th September. This vessell had been employed by us on the is That a dividend of six per cent. all been meditating on these things since Calcutta-Japan Lino, but at the time of in payment of the preferred ordinary last August, and we know pretty well her destruction was under requisition to share dividend for the year 1914, be and what our summum bonum is for our coun- the Royal Indian Marine department, is hereby declared payable on iho 24th. We believe in chivalry and fair

Saturday evening,September 18th, las boeri Save for the delays to which I have just instant." I have much pleasure in pro-play and kindliness-ther things, first provisionally fixed for the first folice made reference all our services were, posing that.

and foremost; and we believe, if not. practically speaking, continuous. This

Bir EDWARD BEAUCHAMP, Bark, M.P., exactly in democracy, yet in a govern Reserve Promenade Concert. Same will take in large peasure was due to the sanded, and the motion was unanimonsly ment under which a man may think and place in the Public Gardens...

speak the thing he wills. We do not of all arrangements for illuminating the Sergeant, F. A. V. libero will take charge diligeson and cooperation of the Naval adopted. Intelligonoa Department at various ports' The CHATEMAN; I be to propose the believe in way, and we do not believe in grounds, providing seating accommodation, "HONGKONG DAILY PRESS," of all, and I would like to express our third resolution, which is: That a bullying.

do not flatter ourselves jete. grateful thanks to the department for the dividend of three per cent, on the defer that we are the supermen,

But we are convinced that the ideas this will be As the Authorities require that a charge valuable assistance it thus afforded to ous red ordinary shares for the year ended which we stand for, and which we have for admission should be made the wav, WHICH ARE REPLETE WITH ALL THE LATEST AND MOST UP-TO-DATE vessels,

31st December, 1914, be and is hereby on the whole tried to carry out, are Military and Police Forces in uniform will Turning to the balance sheet, I would declared payable on the 24th instant." point out that the accounts for the year

Mr. A. P. SIMPSONs seconded, and the essential to the peaceful progress and not be charged.

happiness of humanity; and for these have been charged with the cost of pass motion was unanimously agreed to

The The following will report at the Charge- ages home and leare pay to our officers. The retiring directors, Mr. C. H. Ross ideas we have drawn the sword,

great words of Abraham Lincoln have Room, Central Police Station, Uniform with under the scheme which was forehadowed and Mr. A. P. Simpson, were re-elected, by the Chainran at car last meeting and

The

been on the lips of many and in the hearts Caps, Belts, Truncheons, etc., will be issued auditors, Messrs. Turquand, which has for its objects, improved ecu Youngs & Co., were re-elected at the same of all since the beginning of the great at the Station.

contest: With malice towards nose; ditions of service for our eagoing staff. remuneration as formerly.

3len warned for Patrol must procure belt Mr. R. G. ALFORD; May I be allowed with charity for all; with firmness in the hooks from Noordin During the year debentures have been redeemed in terms of the trust, deed to to propose a vote of thanks to the diree right as God gives us to see the right Monday, August 20th- the extent of £18,650, the premium paid tors, and to the officers and the agents let us strive on to faish the work we are Patriotism thus spiritualised and thorson being £423, as shown in the of the Company, for the very admirable in. revenue account. The interest on deben way in which they have manged our moralised is the true patriotism. tures is correspondingly reduced. The affairs. Especially 1 would say we wish underwriting account has had fow calls to express our gratitude to the agants in on it during the year, and with the trans-China, Messrs. Jardine, Matheson & Co.. for of £8,173 from last year, the balance Ltd., and to the representatives of this now stands at £88,598. The item: Loan Company at the various ports, and I hope. from Bankers (which has since been that the present state of affairs of the paid off) represents the first payment on Company, as the Chairman has so very apcount of a new steamer ordered for our kindly, in answer to my enquiry, said, is Yangisze liver rervice, and to which one which not only is satisfactory, but special referoney has been made in the promises to last for some time to come, repart before you. Steamships, Hulks and The CHAIRMAN On behalf of the board Ferry boats stand at 2714,551, as cout of directors and also on behalf of pared with £895,557 in 1913, the increase the general managers in China, I wish represents the coat of the new steamer to thank you for the kind remarke you Tag which is now working on the have just made. With regard to the staff Upper Yangtsze; also certain additions I will take care that what you have said to the Ilin Song and Fu Sang to specially is passed on to them, and I am sure they fit them for the trade in which they are will appreciate it very, highly, Hoy engaged. Bundry debtors in London The motion was seconded by. Mr. G. and China show a marked decrease due to: WILSON, and carried unanimously,

Mr. R. G. ALFORD: Mr. Chairman, we feel more interested in what has taken place during the last few months than we do in what took place during the year 1914. We understand from the report, that at the close of 1914 trade began to Could you give improve vary greatly, us any idea whether it has continued? I should like to know that.

Mr. G. WILSON: May I ask, Mr. Chair,

dividend

as soon 15

an

it

is feasible to do so If there are no more questions I beg to propose: That the report of the directors and the accounts for the year, as presented, be approved and passed.'

Mr. W. FISHER sceonded, and the resolution was carried unanimously,

The CHAIRMAN: The second resolution

Baw Colton-Bengal or Chinese No pales.

Quotation. Bengal at 818 to 892; Chinese at 823 to 227 per picul.

t:

SHE IS.

DR. INGE ON OUR IDEALS.

Dr. Inge, the Dean of St. Paul's, writes:

in the Quarterly Reviere:

What British stands for is what Britaan is. We have long known in our hearts what Britain stands for; but we have now been driven to search our thoughts and make our ideale explicit to ourselves and others, The Englishne has become a philosopher, malaré ini. Whatever the world thinks, writes Bishop Berkeley, he who hath not much meditated upon God, the human soul, and the summan bonun (highest good), may possibly make a thriving arthworm, but will most indubitably make a sorry patriot and a sorry statesman."

"These words, which were quoted by Mr. Arthur Balfour a few years ago, miny secta to make a large demand on the aver age citizen; but is our quiet way we have

WARDROBES OF CABINET MINISTERS.

The Tailor and Cutter says:-Reference to the clothes of M.Ps. reminds us that

Beinphore-Mondays and Wedhacsunys,

7 to 8 an, under Sergeant Silas. Morso Flags.-Tuesdays and Thursday's

to 8 n.m., under Corp. Lawrence. Morse Lamps Mondays and Wednesdays. Sending instruction under Sergt.- Major Blair, to 8 ani, until class suficiently advanced for lights.

PARADES.

Parades for Saturday, 29th instant :-N7.

DETAIL

On duty until morning of 31st instant-

H. K. V. R. Detention Camp, Kowloon

On duty until inorning of 31st instant-

H. K, V. R.

G. E. STEWART, Captain,

Adjutant, H.K.V. Corps.

·HONGKONG POLICE RESERVE.

'ARADES (CENTRAL POLICE STATION-8 P.M.) Monday, August 30th-1st British Platoon

and 1st and 2nd Portuguese Platoons, under own Commanders.

Tuesday, August 31st-Indian Platoon under Chief Inspector, Indian Recruits under Sergeant-Major. Wednesday, Sept. 1st-3rd and 4th Chinese

Platoores under own Cominanders. All Recruits of Chinese Co., under Chief Inspector.

Thursday, Sept, 2nd-3rd and 4th Portuguese Platoonsunderown Commanders. Details from Portuguese Co, under Crown Sergeant UI. S. Alves.

PROMENADE CONCEUT.

PATROL INSTRUCTION.

5.50 p.m.-Sergeant Lammert, Wilks, F. Hobbs, Goodwin, and Ramsay, also Ho- wen-Rowlands and Gibson to patrol with Inspector Wilden

8.50 p.m.-Arnold, Wright, Reynolds,

Grimible and Hooper. Tuesday, August 31st :----

THE BREWERY'S OWN BOTTLING.

Sakura

TEIKOKU BREWERY CO.LTD. MOJI. JAPAN.

Hongkong, 12th August, 1915..

SOLE AGENTS:

SUZUKI & CO.. ALEXANDRA BUILDING,

TEL. No. 468.

[835

PRINTING & BINDING

OF EVERY DESCRIPTION EXECUTED AT THE OFFICES

OF THE

APPLIANCES FOR THE FROMPT PRODUCTION OF:

10A, DES

HIGH-CLASS WORK.

S VŒUX ROAD. HONGKONG.

NEW CARTRIDGES.

BY Popular English

Manufacturers

In al Bores and Bize,

SMOKELESS POWDER'and"CHILLET

560 p.m.-Chief Inspector Mason, Irezon,

Robertson, Fothergill and Packham. 8.50 p.m.-Crown-Sergeant Evans, Silva- Netto, Eustace, Onniston, and Sleat. Also Crown-Sergeant A. E. Alves and the new First Lord of the Admiralty is s of the most indifferently dressed members. Sergeant Suited to patrol with Inspector BROT. From No. 10 to 8886, at 16, #7 and

Taylor Mr. A. J. Balfour has an aversion from

Noce Whilst having instruction in Patrol. $7.80 per 100, SPORTING, REQUISITES uniforms of all kinds, and usually wears frock coat quite behind the times as re-duties N. C. Officers of the Reserve are re-ad AIUGUNS in Varloty,

quested not to wear any badges of ranks. gards style and creased all out of shape.

*Mr. Winston Churchill does his taile

no credit, for his garments, after a little wear, do not adapt themselves to his figure as might be expected; and the trousers hava a, decided tendracy to bagginess at the knees."

DISMISSED. With the sanction of the Hon. C/8, P., J. Souza, of the Portuguese Co., is dismissed from the force.

F. C. JENKIN

Inspection Invitad,

D. 8. F. (Hesarvo).

WM. SCHMIDT & 05.

Hongkong, 4th February, 1916, 1509

香港中外新報

TƯNG NGOI BAN PO

(Chinese Daily Press),

PUBLISHD

DAILY

in the oldest and still immmaniably the best Advertising ́medium among the Native Commanity,

Established for over: FIVES TRASS Jironlatestargafy thronghoes Bouthern Chiss Endo-China aten

Tereas for Advertising(Tamuzlation.free) mu se phlained at the Ofoe, 104, Des Voux Roid Central, Hongkong, 131, Plest Street), Londay or from the different Agentei

Dontinentu texaslated from er late Claotime or Soloquial Chimene