1923-05-01 — Page 5

Page

BROADCASTING

HONGKONG,

IN

A. RADIO · CLUB FORMED"

There came into being as the City Hall | yesterday evening a Hongkong Radio Olab A public meeting convened by the "Hongkong Telegraph was held for the purpose, and a large number of enthus insta attended. The chair was taken by Mr. F. Hicks, who was supported by Mr. B. Wylie, and Mr. F. 1. Franklin.

The Chairman explaining the objects of the meeting, expressed the hope that If the meeting should decillp" to start a Club # would concentrate its activities on research and experimental work rather iban on what might be termed the amus- ing side of radio. There would, of course, be people to whom radio would appeal as a fad, a novelty or a rather elaborate toy but for the scientifically-minded there would be much more in it than that. The chief aim of the Club, he sug gested, should be to help forward the development of wireless communication. to improve the knowledge of its members by experimental activity, and, perhaps, in this way to render some service in the

11

THE HONGKONG DAILY PRESS. TUESDAY, MAY 1r. 1923

COMPANY MEETINGS. HONGKONG HIDE AND LEATHER COMPANY LTD.

The first anual general meeting of the Hongkong Hide and Leather Co., Ltd., was held at the Company's offices, 807-CD, Des Youx Road Central, yesterday morning, and was followed by an extra ordinary general meeting convened; for the purpose of passing certain resolutions made with a view to siding the Company over its present difficulties.

The chair at the ntinual meeting was taken by Mr. W. M. Humphreys, auh- ported by Mr. W. L. Dowley and Mr. Leung Yan Po (Directors).

This following shareholders were pre- sent at the iveting Mears. C. E. H. Beavis,. D. H. Blake, F. L. Cooke, Manuk, L. MacLarn, A. G. Coppin, E. Howard, V. Sorby, A. D. Humphreys, G. P. Lammert, H. Seth. E. M. Ray mond, A. A. Atves. Wong Joy Chru, Pang Ho, J. M. Con Sang, and Mr. E. Peppe rell, Acting Secretary.

!

CHOW.

There were rare doin's in our

The CHAIRMAN expressed his support of SCHOOL SPORTS AT CHEUNG this course, and remarked that he had found some dificulty in getting their Chinese shareholders to sign proxies, aw ing to the fact that they did not underparish, meaning Cheung Chow," on stand them, or what they were signing, Saturday afternoon, when for the first so that the extra time would be better for time in the long and not uneventful | him too.

history of this prosperous little centre of accided by the CRAMMAN, the meeting hed, under the auspices of the Govern- On the proposition of 1r CoPPIN,jadustry an athletic sports meeting was was adjourned till Monday, May 14th-

theat school. It took place on the Re This concluded the business.

creation ground in the European Reser vation and proved a centre of attraction to both the Chinese and the British sections of the Community. In honour Mr. Kenji Kodamin, the President, at the eighty-sixth ordinary general meeting of the occasion, Mr. E. Ralphs, the of the shareholders of the Yokohamu Inspector of English Schools, crossed Specie Bark delivered a speech reviewing over to the island in one of the Govern

THE

YOKOHAMA

BANK, LTD,

SPECIE

at' considerable length the financial con-

itions throughout the world, from which went Inadehes, but was induced to return we make the following excerpts : ---

by the regular ferry in" order to experi

export of gold. The Governmical event.

Camared with the corresponding

FOREIGN TRADE.

they marched off the ground bear- their banner proudly aloft while their youthful drum-major gave a very creditable imitation of the "goose-step” |

exports over imports of Yen 117,000,000 blasts. From a prize-fund amounting to Foreign trade during the period under to the accompaniment of rattling drums, review resulted in 24 total excess of crashing cymbals, and spasmodic bugle The excess was continuous month after grent contrast to the same period of the object a glittering collection of trophies | month during the whole six months, a $125 subscribed by sympathisers with too preceding your, when the sult, each month

had been purchased, and This

these were was just the contrary. favourable position was chiefly due to the gracefully distributed by Mrs. C. G. large exports of raw silk, which amount Alabaster, wife of the "mayor," who at ed to Yen

464,000,000 or about 50 per

nomie pusities continued in the press During the half-year under review, our enco the discomforts which ordinary of readjustment throughout, attention mortals suffer owing to overcrowding. being concentrated on the problem of As President of the Sports Committee and high prices and on the embarge on the nimber of the Reception Sub-Committee perfecting of radio apparatus. In this connection, it is a most fortunate circum

The CHAIRMAN in presenting the report ually originated many measures for the he was very present help in the time stance that amongst those who had sent and accounts for adoption, anid:- purpose of reducing prices, and of trouble" to the Headmaster of the in their unes as being willing to join The report, and accounts have hen announced its intention of School, Mr. Lam Pak To, who underteck the Clab were quite a number with expert in your hands for the presorited period, change na America against its "funds- knowledge of the subject. This knowledge and I prepose with your permission to there, whenever deemed advisable, the onerous duties of Hon. Secretary, they were quite prepared to place at the take them as read. The year, I regret to disposal of the memixes, and under the say, has been & most unfortunate one for domestic or foreign trade was not large. Hat rners, a

The demand for money for either The programme of events included several guidance of such experts the few organis (us. Competition of imported leathers and although there

blind-fold race, "egg-and- were overal new i tion should have F most beneficial during 10 from the United States and issues of public loans and debentures. spoon race, sack race, three-legged race, future. One of the very first duties of Australia, dumped on this and the money was easy for the greater part of lantern race, over-hill race (an the Club, when formed, he said. would Northern markets owing to the leather the time and the Note circulation was

iden be to wet about securing adequate Club trade conditions in thow countries, ha diminishing.

borrowed from Crasmere) Towards the end of the probably premires. A room would necessarily be its effect on what we could get for year, however, the calm was suddenly needle-and-thread rage. 'tug-of-war, long required where members could not only our product. This, coupled with our disturbed by successive runs on Banks jumps and flat jumps. Girls as well as meet for exchange of ideas, but where domestic misfortune with our tanners, which, originating in the Osaka district, boys took part in some of the contests, demonstrations, instruction and lectures restricted input, and labour trouble as rapidly spread to other neighbourhoods would be given,

explained at the meeting in November At one time a serious crisis was feared. and a very gratifying spirit of competi The fallowing resolution was passed on last, has resulted ir a loss of $125.0017 hut, thanks to the timely measures of tion was evinced throughout the after- the proposition of Mr. ORCHARD, second for the perica. In reviewing the whole precaution adopted by the financial ed by Mr. Bingito: "In the opinion of period, the first four months were absorb authorities, this was fortunately avertel. noon. Enthusiasm, indeed, rose to white this meeting Hongkong Mhould have aed in the incorporation of the Company The Note issue of the Bank of Japan heat when the team race between boys Radio Club, and that this club be duly and the obtaining of raw material, der increased, however, as a result, and at under 3ft, high drawn from the different formed by the present meeting.'

ing which time we discovered that our one time reached a total of over Yen The CHAIRMAN informed the meeting tanner had interests apart fm the in. 1.590,000,000, exceeding even the previous vernacular schools of the island was in that he had received 93 letters from people terests of the Company, necessitating his

high record of 1919. Now capital issues progress. The supporters of the victor- wishing to become members of the Club, dismissal in April, thus leaving us with- and Bank clearings fell off considerably,ious team waved their hats, stamped and he formally moved that they be pro-out expert assistance for a short time and the latter to Yen 38.156.000.000, one

the

former amounting to Yen 399.000.000 their feet, and cheered vociferously as visionally enrolled,

Our then Secretary was sent to the Mr. TATLON seconded, and the motion States to procure a good man by personal half and Ten 1.203.000.000 less respective their favourites led the way, and at the was carried unanimously,

contact. He arrived in May, but I The following officers were elected: regret to say he proved most unreliable period of the previous year, which is President, Mr. J. II. Doanithorne, of the and was dismisse 1 at the end of July, clear evidence of the continued trade Chins Light and Power Company: Vice-leaving a large volume of material in

depression in Japan, President, Mr. R. M. Smith;

course of manufacture. Seeing the con- Hon. Secretary and Treasurer (onedition of things all further supplies of effier), Mr. Q. Tallan..

It was decided that the Committee, forcelled, and such stock on hand was raw material, where possible, were can the time being at least, should consist finished up and during the period wern of only four other members in addition to the officials already sted. The fourths; baffale leather, 10.431 supper as follows:-Cow role leather, 185,801 were Messrs. M. Jack, Taylor, A. B. leather, 110,200 square fret. With these Raworth, and W. E. Orchard.

fow remarks I will ask someone to second The CHAIRMAN, while the ballat for the adoption of report and necounts committee was in progress, remarked that

The motion was scounded by Mr. C.E.H. they could get in touch with the Shanghai Bevis, and carried unanimously. Radio Club, and get a few ideas from them. They could hold another meeting w, A. Dowley, M. Chan Harr, and the

The CHAIRMAN proposed that Messrs rent of the total exports for the period. the close was presented, with a large The total amount of exchange dealt in houquet. Mr. Ralphs, in introducing at a later date and decide as to rules Hon. Mr. Chon Shon, Son, the retiring by the Bank during the half-year was Mra, Alabaster to the gathering, referred and regulations, etc..

number of the audience asked whe-directors, be re-elected for the coming similar result to that for the latter half with satisfaction to the progress which

You 1,120.000.000 ( approximately

description of sets to be used, and whe-motion was carried.

Mr. C. H. BEAVIS seconded, and the of the year before) of which turnover the Government, school was making and Yen 628.000.000 represents export transac to the happy relations subsisting between ther they would not make some attempt On the proposition of the CHAIRMAN, tions and 'Yen 492,000,000 import, to ace that the sets Imported were, of seconded by Mr. GEORGE P. LAMMERT The exchange rate for U. S. Dollars, the Chinese and European sections of the British manufacture,

Messrs. Percy Smith, Seth, and Fleming which commenced to show an upward Community. Mr. Alabaster, in retura- to whether the question was one which were re-elected Anditors of the Accounts tendency from the end of June lasting thanks, spoke of the pleasure it had

rached 473 on July 3rd and gradually advanced to 45) towards the end of the given his wife to be present and to see year, due to good exports of raw silk and that Chinese youth was being taught to poor imports in general to and from America respective. Sterling revered lake an active interest in athletics and good deal as the result of the improve thus to train the body as well as the ment in the Anglo-American cross rate intellect in order to preserve a proper and of Englanil's progressively favourable balance, He hoped that the athletic | financial position, and 2/2 was recorded meeting inaugurated that day with the by the close of the year. The value of co-operation of both actions of the Com be urged upon the Hongkong Govern- That the capital of the Company be the 3ark and Frane still further depro-munity would become an annual ixture ment (Applaus..)

divided into two classes of shares namely cinted, the unsatisfactory state of the of increasing importance and help fur The matter then dropped.

48,344 ordinary "A" shares of 810 each financial And · political situation in ther to cement the good relations between Replying to a question as to whether and 129,140 ordinary B" shares of 84 Germany and France being responsible the Europeans and Chinese. He wished any move had been made with regard to rach and that the provisions following in for this. The Marks, in particular, obtaining a Provisional License from the regard thereto have effect, that is to say: declined extraordinarily and at the end the island a growing measure of prospe Government for firms desiring to broad- (1) The ordinary "A" shares aforesaid of the year was quoted at Mks. 9,700 tority, in which the European house owners cast, Mr. W. E. Orchard, eléctrician of shall be those shares which are Yen 1, (1/1350th of the pro-war level), and visitors would continue to be a the Hongkong Hotel Company, stated umber 1 to 48,343 inclusive and and there socmed every tendency that contributory factor. The gathering dis Silver Persed with cheers for everybody *8* that if the Club would petition the "one additional $10 share which if there would be a further fall. Government on this particular matter and when issued shall be numbered kept cumparatively steady at about 34 to ociated with its premation, including who acted as the Hongkong Hotel Company would be

86 pence until the beginning of October, prepared to broadenst free of all charge.

when China came out as a free seller, starter, thereby showing He understood the Colonial Secretary was

and from that time, in spite of good nca in the youth within his jurisdic waiting for instruction on the whole

support from India, the price gradually on by teaching them how to question from Home. They would not

draped to 30 pence, involving exchange on away frean him. It should be mentioned, China in its fall

Ha conclusion" that Sir Robert Ho. Tung. guarantee their programmes, however,

sent over a handsome silver cup" (with anless they could get the guarantee of salo Tights.

miniature replica) to be held one year by the competitor who scored the highest sumber of points

ther there were any thoughts as to the

The CHAIRMAN expressed a doubt as

should really be raised at this particular meeting.

year.

for the corsing yeur,

This concluded the business of the annual meeting, and the extraordinary One gentleman remarked that he be menting was proceeded with, Mr. W. 31. lieved there was a clause in the agreemens Humphreys still occupying the chair. between the Broadcasting Company at The meeting was hold for the purpose Home, and the Home Government, that ¦ of Passing the following resolutions: all the sets, etc., used in the British Isles a. That 51,050 of the unissued shares should be of British manufacture, and of $10 be divided into 120,140 shares of he thought something of the sort might | 84 each.

48,344.

(2) The ordinary "B" shares aforesaid shall be the unissued shares of $4 cach which will when issued be numbered 48-345 to 177,485 incl.

SITE.

(3) The said ordinary B" shares shall a from the date or dates of issue fully paid runk equally with the said ordinary A shares na regards dividend transmissibility conference of rights to vote and distributim of sascts in the event of winding up winding up.

of

CONDITIONS IN CHINA. In China, the year's crops of cotton, cous and other produce were good, but were only sufficient to compensate for the shortages of previous years, 50 severe was and famines from which the country had the havce created by the crop failures

everal

Inspector Dorrington, his confid-

Fun

This last remark prompted a member of the audience to ask: "If this com- pany gets the license they ask for, will they monopolise the sale of instruments ?”

Mr. OnOTARD replied in the negative. The CHAIRMAN explained that thú Government had received an application from a company for a provisional licens to TM broadcast till such time as the} authorities in Hongkong learned "some- thing of the agreement drawn up be- tween the authorities at Home and the Broadcasting Compsby. With regard to licenses for rosuving seta they had been informed through the Press by Mr. A. G. H. Fletcher that a number of ap- That the Articles of Association he plications of this sort had been received, amended by the deletion of clauses 107 and were readily granted. Lasteners-in and 126 thereof.. would be able to pick up weather reports, The CHAIRMAN than informed the of raw silk, the only exports to Europe term, while Vladivostock was affected by trade reports, and messages between chips, meeting that be had been advised by the Ac Home every person wishing to Comfinny's legal advisers, Messra Wilkin get a license of this sort applied at the son and trist, that this meeting would Post Office, and part of the price they not be considered legal unless a paid went to the Government, and a quarter majority of the certain percentage went to the Broad shares was represented. Only 32.000 casting Company, as royalties. As far as were represented at the meeting that

royalties.

The depression in the yarn trade is (4) If the Compens shall be wound up ly, The bulk of the year's prices quoted by Japanese manufacturers accounted for, partly, by the fact that the the surplus assets shall be distri successively.

produce was, consequently, bitel is nearly as mayun to the The country, and very little was available consuming markets aad, partly by th

sunsumed in are higher than those, ruling in the the members in proportion anther of shares held by them at for

development of the cotton mills round while inland trede was export, up. But this clause is to be with changes, the civil war in Canton and the penisin, and even in Manchuria and the commencement of the winding adversely affected by frequent Cabinet about Shanghai, whose goods are now

appearing

earing in Hankow, Szechwan. Kiangsi out prajudice to the rights of the natural calamity at Swate. Under thus encroaching on spheres holders of shares issued upon special these circumstances, and in view of the

satisfactors i punomis conditions: pre- formerly held by the scarcely any tering and conditions.

Japanese yarns,, with that part of the world could only prospect of a speedy recovery from the vailing in Burape, China's export, trade he had. Besides fairly good quantities logo of depression from the previous Forth mentioning were peanuts from the withdrawal of the Japanese troops from Hankow. With exparty so poor, Tsingtao and sesame and sesame seeds from Siberia, an uneasy ferling being diminished purchasing power for imports the collapse of the Whites and their created in the Maritime Province Binco

was inevitable, and as a consequence of

Buccession by the Roda the government foreign trade being in such a discourag policy 6f the latter has

Irequently money was on the cosy side. changed, but it is not only thin that has interfered with, trade, the propaganda of

three-quarters of the total. Accordingly,

A wook.

of

Banks there during the period

gid money became even morn hance the diffenition of doing busine

Vladivostock,

THE BANK'S DESINESS..

he knew the Hongkong Hotel were pre morning whereas they really needed is still continued in a state the Reds and the menace from mountad | pared to broadcast without any such Another 4,000 to make up the required depression, to which the failure of two of handita having also contributed to en-

gest that they adjourn the hair in the previous half-year both. Harbin and Mr. OsCHARD confirmed this statement, would and moved That the Government beD. BLAKE (representing the With general onditions in Chinn so Chinese and Bussian merahants ürged to expedite the granting of provi- Company's solicitors) informed the meet unsatisfactory, it could not be expected like suffered severely as a consequente, sional broadcasting licenses to any Coming, that a three-quarter majority of capit that her trade with Japan would be pany willing to undertake broadcasting.

The motion was seconded and esfried and if any gentlemen were unable to tum China from Japan, yarns for the despite the many adverso circumstances al was absolutely oppatial de the meeting, otherwise. Of exports of cotton goods to I am glad to say, however, that, M: CHANEY said he took it that after up at the next, mbeting, they could sign hooghni markes totalled only 8.300 bales: the provided at home and braid; the time the Radio Club would be able to proxies for their shares, do its own broadcasting, and hold con-

Mr. A. G. COPPIN, Chairman of the corte at intervals throughout the week Investigation Commition appointed to go Ces the artisten to the Clubroom he into the Company's affairs, eggosted that said, "and broadetet Jour own stuff." a fortnight, would be better time, as they The matter then dropped, and the meet- would find a week fly by with amazing ing came to an end,

speed.

of the quantity for the Bank busincer during tho porod was previous term, but this decream was quite successful, and that a similar good pansatt for by the export of cattom result, to that obtained in the previous plegt goode to the extent of 40,000 balee tarm and in the corresponding period a increas of 13.000 bales sa compared your ago was realized, we can be seen from with the corresponding period a year ago. the Profit and Loss Roccamb eubmitted to

(Continued at jost of next column,)

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