1921-09-06 — Page 2

Page

THE HONGKONG

THORNYCROFT

*. JOHN 1. THORNYOROFT & CO., "LIMITED,

SHIPBUILDEN AND ENGINEERS,

Londen, SOUTHAMPTON, AND BALINGSTOCK

Shanghai Office:

10, Kiukiang Road.

15 B.H.P. 30 B.H.P. 50 B.H.P. Engines

in Stock.

For quotation apply-

BANAN

SHOES.

SHANGHAI OFFICE.

Marked durability and permanence of appearancë makes this a shoe which experiencëd purchasërs like to wear.

-New styles in Tan and Black just received-

Mackintosh

and Co., Ltd.

MEN'S WEAR SPECIALISTS,

16. DES VIEUX ROAD.

BY

APPOINTMENT

TELEPHONE 29.

Apollinaris

NATURAL MINERAL WATER:

Since its foundation in 1872; the Apollinaris business has ALWAYS BEEN BRITISH-OWNED.

THE APOLLINARIS CO., LTD.

Obtainable in Quarts, Pints & Splits at

HONGKONG HOTEL,"

REPULSE BAY HOTEL

Sold by

WING ON CO.

SINCERE CO.

EMPRESS STORE, KOWLOON, and all the Leading Clubs & "Stores.

4

LANE, CRAWFORD & CO.

WHY SHOULD

ONE DRINK

No. 10

WHISKY?

BECAUSE

ONE OUGHT.

HA! HA!

(88

728

935

DAILY PRESS, TUESDAY, SEPTEMBER 8TH, 1921.

$9,000,

A SHANGHAI BANKRUPTCY. had no concealed assets. Since April last he had drawn Tls. 7,000 or* Tls. LIABILITIES 8500,000 ASSETS 8,000 for his own and his wife's require

ments and he had settled nothing on his wife prior to the Receiving Order being PUBLIC EXAMINATION OF MR. CECIL made. His wife had been seriously ill

HUMPHREYS.

for some time and had gone, home and his personal expenditure on that account had been altogether between Tls. 1,200 and Tis. 1,500 a month.

In the British Supreme Court. at Shanghai, on August, 31st, before Mr. Peter Grain, Assistant Judge, th public examination in bankruptcy was taken of Mr. Cécil Humphreys.

MAL. Dickson appeared as Offeial Receiver, Mr. Render Harris for the petitioning creditor, the Bank of China: Mr. T. Wing for the compradors, Mr. Roy King: Mr. K: E. Newman for Messrs. Whitworth & Co., Ouvier & Co., Mackenzie & Co., and for another com- pradore, and Mr. P. W. Goldring for the

debtor.

The statement of affairs shows that assets are estimated to fetch $2,050 whila the estimated liabilitics are $525,729.47.

The Official Reggiver said the debtor had carried on business on his own account as a general merchant and manu facturer from May, 1920, to May, 1921,

In answer to Mr. Reader Harris, Mr. Humphreys said his books were in a hoe

less mess.

"Q-You were the owner of the busi peos. When the accounts you refer to were made up you ascertained that your business bad actually suffered a loss of aome Tis. 600,0000 and on June 20th, 1991. your liabilities were over Tls. 500,000. Do you still say you were not insolvent until April or May.

A. The first indication I had of it was when 'Mr. Barrett came in.

A-Till then you did not know any thing of the state of your own business

A-No.

TYPHOON MYTHS.

IV.

In this concluding article it is pro posed to deal with the relation of thunder storms to typhoons and with the question as to whether or no typhoons are diverted by mountain ranges.

A BRIBERY CHARGE. SOLÍCITOR CONTRADICES Ä MIS-STATEMENT.

ז'

sell, at the Magistracy a Chinese woma Yesterday morning, before Mr. Lind

hawker. charged, on Saturday, with offering a bribe to a police sergeant, was committed for trial at the next Criminal Sessions.

וי

The Chinese bare a "saying "When there are thunder squalls ons need not be afraid of any typhoon approaching." In this case, a man named Au Chouk version of the relation between typhoons woman a chit to take to the police sex This is overdoing it. A more correct Sang admitted that he had given tha and thunder would be the mild and Stant and had given her certain instrus- colourless statement that thunder does tona. The contents of the chit were, nos

stated in Court not usually occur within a considerable that he was employed by Mr. Longinotte,

This man had state

Here are a few instances which show the distance of the centre of a typhoon solicitor. need for caution. On July 29th, 1898, a Court and, when the case was called on Yesterday, Mr. Longinotto attended the smart thunder storm passed over the he informed the Magistrate that he had the worst typhoons Hongkong has ex-ease, indicating that a witness more or harbour at 6am. The centre of one of just soon the newspaper reports of the perienced passed 15 miles south of the less unpleasantly connected with the caso Gap Rock at 10 pm. During the 1900 has described himself as assistant clerk i typhoon in Hongkong lightning was my office. observed but thunder. It is, of course,

The Magistrate said that was the state- possible that thunder occurred also; it ment made. might easily be inaudible in the general Mr. Louginotto: This man, Au, left my which we have experienced in Hongkong noon of August 22nd, noise of the storm. The last typhoon office, at a minute's notice on the after- for reasona passes at mid-day on August 17th, 1913, blutely unconnected with this case, and Q Then at the times you arranged being preceded by a thunder storm at fore this case was thought of (the loans with the international Bank and the previous day. Many more charge against the woman was in respect instances could be given bus these are

of August 31st). This woman I have the Bank of China you had no idea of sufficient to show that the presence of

never seen at all added Mr. Longinotto

The Magistrate: It is not suggested. of typhoons..

The idea that mountains "deffect understands how a report like this

Mr. Longinotto: No, but your Worship typhoons has received

considerable be damaging, and how people may mis- amount of official and expert sanction interpret it. This affair must have gen Dr. Doberck remarked: it appears as The Magistrate: Oh yes, it is adroit. Referring to one of the typhoons of 1881. a little private enterprise on his part. if this typhoon-like many others follow- tedly that. He did it in his own hous Strait would have recurred in about from the reports but, as the man's state. ing a similar track through the Formosa Mr. Longinotto: I did not gather that dog. N. latitude, but was preventedment appeared, I would, like mine to from passing eastward by the high moun-appear also.

of typhoons was, Iains of the island." It must be re- membered that Dr. Daberek's experience limited. Mr. Claxton has observed that at that date, very

faster than those which cross Northern the typhoons which pass through the Balingtang and Bashi channels trave! Luzon. This may show that the mountains of Northern Luzon hinder if

There were your posision. A.-Up till that time thunder is no safe guide to the absence that the woman ever wont to your office,

when the business was turned into a limited liability company. only two directors, the debtor and Mr. E. G. Barrett, who were also the sole shareholders. In June, 1920. the debtor transferred all his assets to the Com

business was going all right." I did not realise the serious losses until Cbian New You.

The debtor further said he got the pany, the consideration being 73 shares loan from the Bank of China in the be- in the Company. It was extremely ginning January. The money was difficult to distinguish between the actually used in the purchase of the creditors of the Company and the debtor. factory. His debenture bend did not The dividing line was not at all clear. Bank or to the Bank of China. He was show any charges to the International and it was not impossible that an appli-writing to the H. and S. Bank on the cation might be made to the Court for the assignment of the transfer of assets question of one of then helping him. Ee same day as he got the loan. It was a to be rejected. The books were in a very bad state and affairs very difficult d drawn Tis. 400,000 from the H. and to follow. The only assets wore a life

S.. Bünk. insurance policy which had netted $1,400 old, some silver cups, and shares, the title to which was disputed, in the Humphreys Soap Works. It was admit- teil that 50 of them were a charge, to the Hongkong Bank but the Bank elaimed the whale lot... The new Com-

1

may

THE STRUGGLE ON THE YANGTSZE.

TWO NORTHERN BRIGADES

MUTINY -"

Q-Why did you not spare Tis. 46. they do not divert a typhoon, or it may be latest papers from the North:

of it for the Bank of China.

A. Losses were coming in all the time and I simply overlooked it. I thought that eventually I would be able to pay

The following news is contained in the a result of the general cause which produces a higher verteity in higher

HANKOW, August 25th. fail at Amay has attributed the for- from the front, mutinied at Wuchang on Intitudes. A correspondent of the China

The 1st Brigade, which had returned tunate immunity of that place from Wednesday night, but the outbreak wa typhoons to the protecting influence of mediately quelled without any damage the mountains of Formosa, but if one being done. examines the track charts published The 1st irigade mutinied on the aars He also paid Tis. 60,000 or Tls. 70,000 confirmation is obtained of this theory, From

by the Kowloon Observatory no day, and looted Sinochiatang.

Troopa pany did not take over the liability of to the International Bank. That was Many typhoons are shown crossing the mutineers.

Hankow easily dispersed the the debtor though they gave an indem- the money he raised on the debenture high land of Northern Lužou, many pass telegraphs were interrupted, but both bond which included the carpet factory, through the Balintang and Bashi Chan: haves since been restored to working The Peking-Hankow railway and the

it off.

aity against it.

In answer to the Official Receiver, the China if the losses had not come along. He would have paid off the Bank of debtor said he originally intended to start with the firm of Rodgers, Brown & The only object of his assignment of Co., but they went into liquidation and asacts was to give better security to the he started on bis "own account. His. and S. Bank. He got no advantage capital was approximately $150,000.. Upt of it.

!

order.

The Chinese Chamber of Commerce haa

Formosa and the Philippines, but their ela apme cross Formosa and many re- curve in the Pacific to the eastward of racks as shown on the charts give no passed a resolution authorizing the lev indication whatever that a typhoon is of an extra month's rental assessment in deflected in its course by the mountains lankow City, for military purposes. of either Northern Lazon or

or of Formosa the

SHIPS HEAVILY FIRED ON. comparative immunity of the

August 28th. the fact that the typhoons of the Far East has arrived at Hankow, and reports hav The Stonyton (China Navigation Co.) follow two main lines, one being a ing been subjected to a desperate fire by westerly course south of about

1200 Channel Porta appears to lie in

Southern troops. H.M.S. Scarab, which out of action a field-gun, besides killing was escorting her, opened fire, and put a number of soldiers.

to December he thought he was doing His Lordship: Why did you do it rather woll, but after that the import then A.They were pressing me. department showed a heavy loss. Hc Then you did get something out could not estimate the loss as his books of it. A.-In, the way of facilities, were in, a terrible mess. It was impos- In answer to Mr. Wing, witness said sible for him to any exactly when he he thought the banks were notified of the became insolvent, Mr. Barret joined him formation of the Company, with the ex with moving air. converging spirally fat convoy was heavily fired on by South-

then and worked on the books with a view to taking over a partnership but no deed was ever made. Mr. Barrett did not put any money into the business but received an allowance. After China New Year things went very badly, “all to- pot, but he kept on because the manu- facturing side was encouraging. The books were not got into proper shape

ception of the Bank of China.

+

He

In answer to Mr. Newman, he said, the object of forming a company was to give the tank a lie on the assets. was importing on his own account.

Q-Had you the necessary capital to finance these goods.

A thought I was all right. Q-Can you call it anything other

and the other a lite recurving into the Pacific and leaving the Formosa It is known that Channel in an angle of comparative calm. moving air. But a typhoon is more than solid body deflects moving air; it is a barometric "}

2

low

centre. The

Co.) which has also arrived, reports that The Chango (Indo-China Navigation

with loss.

13

"

sea level) towards its

erners. The Lark, Woodcock and cyclonic circulation is such that with Magnolia returned the fire with large and typhoon to the cast the wind is in the small guns, and diapersed the Southerners porthern quadrant. If then the typhoon is moving west a mountain range running

RECRUITING RIFF-RAFF. north and south (as in Formosa) will form no obstruction to the moving air,

HANKOW, August 28th. fill the centre passes, when the accelera ern forces

It is reliably reported that the South tion (if any) in one quadrant will be Yochow.

are in full retreat from Before evacuating that place balanced by the retardation in the other, they burned a quantity of railway with the observed facts and that the idea quantity of rice and military supplies. and so it would appear that theory.agrees material, but they left behind them a They claim that they have not been must be set down as another *** Myth...

L. G.

mountains

until April or May of this year. He had than a gamble on your part to order that typhoons are deflected Typhoon defeated, and that their retirement is

these goods and not have contracts with the dealers.

A.-When you are dealing on your

own account you anticipate you are to have a profit

Q-Is there anybody in Shanghai who imports on his own account who is not able to finance the deals himself.

THE MANILA HEMP TRADE.

of Agriculture Hernandez and submitted In a letter just received by Director

merely a strategic movement, but they are known to be without ammunition, and it is thought that they are retreat. border, for the purpose of joining up ing upon Linchang, on the Kiangai with the Southern forces which, are as- sembling there.

has been restored as far as Puchi.

Traffic on the Canton-Hankow Railway The Chinese officials at Changsha are

TYPHOON WARNING.

ao suspicion be was insolvent before then. He thought the profits on the manufacturing side were balancing the other losses. The private limited Com pany,

was registered on May 5th. Shares were allotted to Barrett and himself, the

A new hop order abolishing low consideration being his services in the

into effect in the Philippines on Septem grades of hemp from "J" down goes case of Barrett and in his own case the

ber 1st. Governor Yeater has declined assets he transferred to the Company.

A-1 should say there are lots. to alter it, and much less to put off its all leaving, and foreign ladies staying Q-Is it in your opinion sound busi- enforcement, despite the request made to At summer resorts are recommended not He put everything he possessed into the nesa.

him by the sales promotion and publicity to return to Changaha for the present. Company. The date of the assignment

A-No, I do not think it is

committee.

The civil magistrate at Yochongchien was June 20th. He formed the Company than a gamble on the prices at the time strengthened by a communication from civil magistrate at Hwangchow has Q-1 put it to you' it is nothing more The case for the new order has been has been murdered by looters, and the because the H.-S. Bank were pressing him the goods arrive.

Messrs. Wigglesworth & Company, Ltd.. bolted. The latter district is completely and said he would have to consolidate) A-Would you suggest that the, big hemp importers and manufacturers of in the hands, of the bandits and leader his securities. Prior to that his prin-hongs beru are gambling1

London, who. cipal creditors were the International

suggest that only high less soldiers. Mr. Newman, No, I suggest they have

grade hemp be exported by the Philip- Hankow remains unperturbed by the. Bank and the Bank of China. At the contracts or they pay for the goods when pines, to Great Britain like that shipped course of events. The military authori first bank he had an overdraft of Tis they arrive here

to the United States, in order to save ties are recruiting the local riff-raff 190,000 to Tla. 200,000 and to the second. Witness: I do not consider it gambl Philippine hemp from losing its prestige Tis. 46,000. The International Bank hading.

on the British market. Security of Tls. 120,000 or Tls. 130,000. In conclusion, the debtor said he attri- which they still held. In January of this buted his losses to bad judgment, to the to the Becretary of Agriculture and Na- year he purchased a carpet factory for tremendous fall in exchange, and to tural Resources, the British firm says received by the American Consulate- The following telegram has been which he negotiated a loan with the general bad trade conditions: also that that it sent a report recently to the In-General, Hongkong, from the Manila Bank of China of Tis. 45,000. The he had to carry on the whole busisces on peris! Institute to endeavour to ascertain Observatory charge against the factory had never his own shoulders and went, too deeply the cause of weakness and bad quality of been paid off. There was no security into business at an unfavourable time. the samples of low grades of hemp from

7.46 p.m., September 3rd. given: he just promised to repay them in Hia Lordship: You soem to have gone a written document. Later the H-S. very deeply.

Typhoon in about 111 deg. Long E, Bank gave him banking facilities on his

and 20 deg. Lat. N., moving NW. The company states in its report that making a debentura bord. The carpet examination ho declared closed.. There the deterioration of the imported her factory was included in that debenture was no reason for keeping it open, he from the islands is due to fermentation bond. He did not inform the H-A thought, and his client would have to as a result of long storage in a moist Bank there was already a charge on the go and earn a living somewhere. If it climate. like that of the Philippines. It factory. He did not tell the bank be was kept open he would have to stay cause he thought by getting facilities here. from them he would be able to pay of Mr. Boader Harris said he would havo the Bank of China. The title to the to oppose the motion because he felt that carpet factory was given to the H.-B.there would be an application, either by Bank At the time of the assignment the Official Receiver, or by himself, of his assets he knew he was in a pretty for a declaration that the assignment to bad way financially but the full account the Company was an act of bankruptcy pose two remedies to save the reputationa? A great many are unaware of the real-con- was not made up until July, He was and that the Official Beceiver's titis of Philippino hemp in Great Britain's hoing prossed jon all sides, He had therefore, should date back to the, date first, for the producers to avoid thedition of their eyes until the examination is grave doubts that he was losing money of the assignment. The books of the storage of low grade fibre for a pro made. The Hongkong Optical Co., Bancadora hand over fet. Mr. Barrett told him all Company were not before them now. the time that they were absolutely in Mr. Goldring said that Mr. Humphreys the consumers in England to abandon to Clark & Co., Refracting and Manufactur

tracted period of time, and second, for solvent. Since that time he had only had been kept away from the office and made payments that were necessary in had not had access to the "books," the business and had not preferred any The public examination was afterwards creditor. He had disclosed sil his adjourned tine die, with leave to apply scta in his statement of affairs and he Shanghai Mercury.

Mr. Golding asked that the public

the islands, namely those from Class

further states that the good name of the

#8

YOU ARE JUST AS OLD

you feel. A pair of correctly fitted glasses low grades of Philippine hemp is gradul is a powerful factor in making you feel young. by being lost the giving methods Eficiency demands that you wear glasses if petition with the African aisal which is meeting the requirements. the 'importers and manufacturers and whose quality is your eyes are not perfect. Fully fifty per cant. reliable.

fo the people who do not wear glasses should do Messrs. Wigglesworth & Company pro-

W

the use of low grades and to buy Manila Opticians, located in 53, Queen's Road Central, homp of the quality equal to that bought have the equipment to test your eyes accurately. by the United States and which is guaranty to England where no deteriors Testing the sight and fitting glasses is the

ezclagira business—ÄDYT.

tiga öccurs as in the United States.

662+