Page
THE TYPHOON.
TRAFFIC BETWEEN--HONGKONG AND KOWLOON AT A STANDSTILL
...
EN HONGKONG DAILY THERS, SATURDAY, JULY ISTÉ, 1998.
COMPANY, MEETINGS.
SHELL TRANSPORT AND
TRADING CO., LTD,
GENERAL SURVEY OF THE POSITION
company,
JK
but since then we haves made further pros gres, and at this present time the produe tion of what I may call our group, on panies is at the rate of some : 16,000,000 LOTIS [HAY Monta Neither the Mexican Eaglemor the United British Oilfields of
·Trinidad figures are included, as ingwither of these companies have, wey or have we ever had, a majority of the capitaly ra
YOOD SUPPLIES CUT OFF Bath Kowloon and the Island have suffered in the matter of food supplies, though Hongkong only slightly, Kowloon was deprived yesterday of its brend, milk, and meas (to say nothing of its morning,
"DEVELOPMENT OF FRESH AKSOVNERS. The forecast made by the Director" of newspapers), all of which, it draws from the Royal Observatory, Mr. T. F. the Island. Numerous Baskets of vöge The annual general meeting of the
Al this enormous quantity of oil could not be sold without the very complete dia- Claxton, Inst Monday, that we should tables were bing near the Police pier Shell Transport and Trading Co tribution and refinery systems which we hay another typhoon blow this week during the day waiting to be went over to Ltd., was held on June 27th, at the Canne have been continuously balling larg oud as proved to be correct, On Hongkong. They waited in vain, how trevi Hotel, E., the Hon. Walter Hing, and strengthening during the past thirty years. We control about 1,300,000 Thursday about the tiffin hour the ever, for the ferries did not run during Samuel, M.. (the chairman), presiding.
The Chairman mil: It is a matter of all fully employed, a constantly increas tons of vitcarrying ocem-going tonnage, No. 245phoon signa) (black) was hoisted, the morning or afternoon. Two of the and in the afternoon indications were early ferries had pate the attempt, but regret to your diretors, no less than it ng fect of river tank-vesse's, and overal giyen on the harbour that shipping men, as they were unable to get alongside the doubtless is to you as shareholders, that thousand railway tank-cars of ten to thirty tom capacity each This enormous or- from the reported position of the typhoon wharf at Kowloon the servies had to be the figure carried to profit has again ganization would be ut inrce of enkurss and can direction in which it was moving, suspended. By these early ferries inuch shown a decrease, In, due course I shall rather than of strength we were rely
endeavour to (explain that this deermuse
ing
on one source of production only, but bad begun to apprehend that if it did of Kowloon's food supplies is transport due to world-wide economic factors, and always advanced hand in hand, and we our production and our distribution have not actually strike the Colony it 'would ed. In an attempt to land a'ernta con-
that, in relation to the ail trade of the have always been able to market all we conis very elour to it. Ferry bonts had taining a hundred bottles of milk belong world, the group of "which your company produce. Today we can supply oil fuel their awings furled, and the shipping ing to the Dairy Farm, a goalie had a forms part still retains its great position the sune facility and certainty na we can 高等 all the leading parts of the world with In porb sought the sheltered places. The narrow escape from being drowned and There is an actual credit to profit and lows supply. Shell petrol to the motorist in Engress of Canada moved from her pier the crate and its contents went to the of £7,007,8887 as against £7,361,961 for Great Britain. We endeavour all the time futo Kowloon Bay, to weather the storm. bottom of the harbour. The' Star ferries) the previous year, The earnings of the to broaden our markets, and during the The wind throughout the night was were able to resume running at and nterist account, are derived from hold lubricating a while the sale of our rond- with the exception of the last year grently extended our sales of moderately high, but early yesterday maintained a quarter hour sorrice daring ings in other companies, and this divid making material, Maxphalte and Spra morning the Noe signal was hoisted, the rest of evening.
end, is previously, is paid without mex, alrealy runs into surprisingly large indicating that the gals was expected
ON THE ISLAND.
touching our reserves, except a small figure The high quality of all our to increase, and when the Kowloon Hongkong did not altogether escape the mount deducted from the carry forward, ducts is so well known that I need not dei due to certain small dividends not reach We have been attacked in certain news-
tuin you by cularging theroon. residents made their way to the Star fury of the elements. Early in the morning as in time to be Ineinded in the Ferry wharf they were surprised to finding, when the tide was so high, big waves profit and loss account. From this credit Papers for our action in purchasing oil the blue flag flying, which is the mean dashed over the Praya East, drenching all there have to be deducted £100,000 for from Arcos. In the summer of 1929 we stamp duty on the issue of Second Pre joined in an arrangement among the of announcing that no ferries are run who were unfortunate enough to be within ference shares made during the year principal former owners of Russian petro- ning. Intoading passengers on the Hong. reach. Occasional rickshaws were soaked under review, and £104,813 for the ex-um properties, whereby all agree that would accept territory "kong side ware greeted similarly, though with sea-water, and so were the passen penses of issue. It is a matter for cun to individual in this case, of course, Chinese were the gers. On the lower levels the damage was gratulation that these items are not likely formerly belonging to another. We never to recur for considerable period, and agreed to a boycott of Russian oil. On chief sufferers, since comparatively few not heavy, und, with the exception of that the company has now over 10,000,000 contrary, we always reserved our Europeans croes over to Kowloon at that few small matsheds which were blown Ordinary shares and 5,000,000 Second liberty to buy Russian products which, down, no great harm was done." The tennis Preference shares of £1 each unissued, matter of fact, largaly originated "time of the day.
courts at the Craigongower Club were on the whole of which unisaned capital from our former fields of States Lands. We At 8 am, there was an exceptionally partially flooded, nad one
stamp duty has been paid and written always considered the boycott economically was entirely off. While on the subject of unissued unsound, and as has been proved since, high tido in the Harbour. It came to submerged during the greater part of the capital I should like to still the voice of there have always been parties, outsid within a foot of the top of the sea wall day. The baseball grand-stand at the rumour by saying that it is in the highest the former owners, ready and anxious to degree unlikely that any fresh issue of by on their own terms while others atood at the Kowloon Peninsula Point Look Valley was unfortunate, as usual. The either class of capital will be made in aloof. We have made no contract to pur ing across the Harbour from Kowloon, first" typhom" of the peas wrecked it, the near future. (Cheers.)
chase the whole" output of Russia, and it was evident that the Peninsula was und, just as the workmen had half-finish- In the banner-sheet you will see under we have merely purchased such quantities getting the worst of the swell; huge white-fed rebuilding it, the typhoon of last week property account, the large figure of (nearly £20,500,000 sterling, It has not crested waves roiled up from the direction end destroyed much of their work again, ben our habit in the past, nor will it of Stonecutters Island and West Point Yesterday the weather completed the be a precedent for the future, to give and spent their force against the Star destruction. Fortunately, the tram ser details; but, as so many rumours have Forry Pter and the wharves in front of the vice was not wrimsly interfered with, and be current on this subject, I should like godowns. Round the Point, past Holt's chairs and rickshas continued to ply forto give you the facts. The chief amounts This has never been the case. Some tow f
wharf, comparatively few "white horars" were to be seen, and in the distance a #Star Ferry boat was observed crossing
Hunghom Bay,
hire throughout the day. The city had a strangely deserted appearance owing to the absence of many Kowloon people employ-
ed on the Island."
Chinese, bushes, in particulat, was Large numbers of people had collected |
Most of the in the vicinity of the Ferry Wlur?, un-hard hit by the weather.
aware until they arrived that the ferric were not running, and they lingered in the wind and rain to watch the waves breaking over the sea-wall. Several of the floor planks of the Star Ferry wharf had been lifted out of position by the
swell. At the Police Pier) wayes came
over with great forer, breaking over the stage, and forcing their way between the landing-stage and the sea-wall, carry ing away the wooden steps. The waves *Tose at times to a height of wveral fest; now and again spray reached right up to the roof. The Kowloon Wharf frontage was continually being washed with rollers, and the front was under water for most of the time to a depth of from six to nine inches, The only "Vessel remaining at the wharves was the
larger Chinese business årms in West Point, and a few in the more central portion of the City, closed their doors for the greater part of the day.
The Nam Pak Hong firm, West Point, reported to have been clowd all day, The hoarding surrounding the old Wise man site was blown down, jul a large trae was uprooted by the wind near the Royal Naval Yard. Minor danage has been suffered by practically "every wharf in a westbely direction from the Hong kong, Canton, and Macno Steamship Com. pany's wharf. Most of those were empty, the river boats having sought shelter, Thers were no sailings either to "Canton or to Macao during the day,
under this heading are;
6,100,000
21,400,000
£1,800.000
suited our inde position, as and when such quantities were offered on the open market, where we were by no means the There is a mistaken notion that our only buyers. (Cheers.) group hold a controlling shareholding in terest in the Merican Eagle Company.
years ago the Bataafsche Company took Shares in Anglo Saxon Petro
over the management of the Mexican leum Co., Ltd. Shares in Asiatic Petroleum
Eagle. At the same time the Royal Dutch and Shell Companies each acquired a con- Co., Ltd.
siderable holding in that company. That Shares in Bataafsche Petro-
holding is still the same as it was two bum Maatschappij .........£0,500,000.
years ago. As I have already mentioned, Shagra in Shell-Union Oil Cor
it is a very small percentage of our total poration {
assets, and the diminished profits of the leaving the whole of the rest of our Mexican Eagle Company have not affected arts, including our Mexican Eagle our dividends to the extent of 1 per cent. shar
the Sarawak Company, our That those profits, have diminished is due French, Italian, Swiss, and Scandinavian to natural causes, for the reserve pro Companies together, at the sum of about drction, of which much was expected, as companies I have mentioned are booked at have, however, a source of supply ready £1,250.000. The shares in the first three so far proved frankly disappointing. We par or under, and the Shell-Union shares at hand to take if necessary the place at about 30 per cent. of their to-day's of Mexico, in Venezuela, where, as a re market value,
mult of several years' work, we have ac I think I have now dealt with the quired very large holdings of great pro-! main features of the balance sheet and mise, in addition to our interest in the profit and loss account, and will explain Venezuela Oil Company, which company, to you why the reduced dividend des as you doubtless have seen in the Press, not afford any accurate indication of the brought in a well with an estimated pro would found my thesis on an extract
I duetion of 90,000 barrels a day, (Cheers.) state of your company's prosperity.
Many of you may feel dissatisfaction from your then chairman's speech in 1919. at the results of the past year's working, He said "It cannot be too clearly under bat, to me the present position of your stood that the great bulk of our profits company and its associates brings that is made outride the United Kingdom, confidence which can only be brought by and, indeed, outside the British Empire things tangible. We are to-day indepen I would supplement that by stating that, dent of all. We have ample production contrary to the general opinion, only derived from many sources; we have our about 10 per cent, of our total trade is own refineries, our own ships our own P. & O. liner Macedonia, and ishe appra the barometer was rising steadily, and the cent, of our trade we are, therefore, de experienced and trusted staff, imbued i done in this country. For about 90 per tanks, our own pipelines. We have an
acas were subsiding alitt Squalls of pendent on payment in foreign curren with loyalty to the group and its sound decreasing fores were expected during the cis. In 1920, for which year we paid traditions, Last, but not least, we've night from the south-wests
33 per cent, the £ sterling stood at about got the money, too," This company's 10. per cent, of its par value in gold; prosperity is not a matter of last year's in 1921, at 80 per cent,; and in 1922, dividend, or next year's dividend, or this roughly as per cent. This continued year's dividend. We are a unit-n large appreciation of the £ sterling has resulted unit, if you please in the general pros far less than the figure in sterling that which we derive our earnings I hars in the remittances from abroad producing perity of the world in which and from similar remittances, would have produced much pleasure in moving the adoption of in past years. In addition to this, prices the balancesheet and report. (Cheers.) of uil products all over the world bave
Sir Henri W. A. Deterding, K.B.E., fallen considerably, due, amongst other seconded the resolution, waich, after a brief discussion, was carried unanimous rensous, to the great competition caused by the enormous increase in Californian y production. We foresaw and warned you
ed to be very stendy. About a hundred
By two o'clock in the afternoon Hong kong was out of all danger of being struck by the typhoon. By the hour the typhoon had passed well to the North of the Colour,
TYPHOON FILIS UP..
yards from her bows, floated a budy: which had apparently broken away from its mooring.
Ashore there was very little or on wind The Observatory at 7 o'clock reported of any considerable force until the after that the typhoon had filled up to the noon when it brought down again the N. W. of Hongkong: the barometer, which hoarding surrounding the Peninsula was rising, reading 20.385; direction of Hotel site, and did a good deal of dam- wind, South; force of wind, No. 7. age to trees. de
The highest wind velocity in Hong A visit to the Observatory found the Kong was 80 miles per hour, between 2.30 staff hard at work on charts and weather and 3 p.m. forecasts. M
increased trade on our part that we should The United States Consul at Bangkok, antisfaction to us to be able to state that export of rice from Sinun in Ma I able to find compensation. It is some Mr. Maurice P. Dunlap, notes a record
xton, the Director. Communication with Waglan- Light of this fall, and stated that it was only in spured a few moments to give a repre-house is interrupted. soutative of the Daily Presa little Many inches of rain must have fallen information regarding the typhoon. He during the past thirty-six hours. said that at 9 am, the typhoon was pass A GALLANT RESCUE BY ing some ten miles to the East of Waglan Lighthouse in a WIN,W. direc tion. "It will probably pass Hongkong a little to the North within a few hours," bc remarked.
EUROPEANS.
CRUDE OIL PRODUCTION.
has been added source of satisfac
we have been able to frierense our trade, valard at 10.000.000 ticals. Shipments and that, moreover, that trade is still in from December to March, inclusive, creasing, and we hope will continue to totalled 503,000 tons, against 401,000 tons increase,
year previous The available surplus A sensational rescue from drowning was
for export for 1923 is estimated at one of the features of yesterday's heavy
To give you me idea of what has 1,400,000 tons Of the March exports 5. typhoon weather. At about eleven o'clock one figures as to pur crude oil producto Hongkong and China, 30 per cent to been achieved, I should like to give you per cent, or 104,000 tons, was shipped in the morning an alarm was raised, to tion. In Sarawak ur production in British Malaya, 8 to Europe, 6 to, Japan,
striking the Colony, Mr. Claxton said into the sea from, the Hongkong, Canton,ing over 400,000 tone for the year, and
Asked if there was any danger of its the effect that two people had jumped creased during 1999 by over 100 per cent, and 2 to Netherlands Indin.
Mrs. Kitty Ren, of Shanghai, who some he was not then prepared to state. W and Macao S.S. Co.'s wharf, near the tion to have been able to develop this time ago ated the American Drug Cem- may get some heavy squalla later on from
Harbour Office,
great asset to the Empire, in that the pany of that port for injuries sustained the South-west," he said, unless it fills
Rajah and Government officials of Sarawak result of wing shampoo told by up rapidly," "The reason, he continued, Imports and Exports Department, and consideration and help (Cheers.)
Chief Preventive Officer Clarke, of the have always extended to us the greatest the defendant, company and claimed $20,000 damages, was awarded Tls. 4,000 "why we have not had much wind at 3, WB. Edley were near by and they I could say the same of Roumania, though, and costs by Judge Lobinger who de Kowloon is that we are protected by the hastened to the spot. Undeterred by the ment restrictions, we have increased our judgment referred to damages compera
spite of adverse conditions and Govern livered his judgment last werk bills to the North of us, and the hills of danger of being dashed against the iron production by 2 per cent, due in the Lion in the American Courts for scars Hongkong,"
main to a few large, gushers, In Mexico, which would be a permanent disfigure atruts supporting the pier, they gallantly
on our own Corona
and territory, The barometer readings at nine o'clockinged into the water and, after a hard increased our production from 1.948,000 t this case that alkali would destroy the we have thent, and said: "Under the évidence yesterday morning were:--
struggle brought to shore a man and a tons in 1921 to 2,643,000 tons. The pro- At the Observatory, baromi 20.01; wind
duction in Venezuela has increased from root of the hair, it is, bardly to he woman, who later proved to be husband 241,000 tons to 250,000 tens, in, the Mid doubted that the loss would be permanent W.N.W.; force, 4
dan) and wife..
Continent of the United States of Ameries and this, coupled with the discoloration At Gap Rock barom. 20.14; wind,
woman died on the wharf before from 541,000 tons to 813,000, and in Cali, shown by various witnesses would seem W.N.W.; force, 4
the to afford for young and active woman the ambulanco arrived, but the man fornin-where our associated company,
Bhell-Union Oil Corporation, has been like plaintiff, a disfigurement no less dis At Waglan, barom. 29.9; wind, surviped and begged to be allowed to extraordinarily successful from 200,000 tresaing than the sore in the two cases W.N.W force, 12 (This is typhoon renew his attempt at suicide. The
couple are believed to have come down tous to 1,773.000, an increase of over 150 above cited Memor by the weight of force)
per cent (Cheers.) In all the fields I buthority, it is proper to allow damages from Canton the night before have mentioned our group hold, the whole for the mental suffering caused by the "The No- 6 typhoon signal was up Mr. Edley has been prominently ident or the greater part, of the capital. The contemplation and realization, of such throughout the day
fied with typhoon rescues in the past.
figures are taken as at the end of 1929, dilguroment.".
The
in
The
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ALLEN-BRAKNE
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VOILES
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ORGANDIES
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WE HAVE JUST RECEIVED A SMALL SELECTION – OF ALLOVER MBROIDERED ORGANDIE, IN VERY DAINTY, HESE MAKE EXCEPTIONALLY PREITY FLOCKS; AND WASA WELL. UN ALK
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