1928-06-28 — Page 2

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JOHN HARGEDD MARKINCH

KCOTLAND.

PRICE & CO., LTD.,

"GREATER than 'RUST"

Wilkinson's

Tel C. 135. -

ANTICORROSIVE

Ready Mixed Paints

for Every Description of Iron and Steel Work

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RED AND GREY

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Wilkinson, Heywood & Clark's

PAINTS

Agents:

S. C. LAY & Co.,

Alexandra Building Telephone Central 687.

SOUTH MANCHURIA

SUMMER HOLIDAY

BESORTS

THE HONG KONG DAILY PRESS, THURSDAY, JUNE 28th, 1928.

RAILWAY

IN

SOUTH MANCHURIA!

H.K. TUG & LIGHTER THE TRADE LOAN. CHINESE DRUM AND

COMPANY.

DIRECTORS AND DIREC-

TORS: :

A STORMY PASSAGE.

LOSS OF $21,000. LAST YEAR.

COLONIAL TREASURER'S

REPORT.

OVER TWO LAKHS INTEREST

IN ARREARS.

SEVENTY THOUSAND WRIT. TEN OFF AS IRRE-

COVERABLE.

The Colonial Treasurer's report on the Trade Loan shows that in terest ia arrears on December 31st, 1928, amounted to $117,360.42. By December 31st, 1927, this had in- creased to $208,818.4.

The total number of loans issued was 279. Of these 32 were redeem ed in 1928 and 8 in 1927, leaving 184 outstanding at the end of last year.

The fourth annual meeting of the Hong Kong Tug & Lighter Co.. Ltd, yesterday was enlivened by some outspoken remarks on the part of one of the shareholders,

Croucher. Mr. N. V. A.

Mr. Croucher said that the business appeared to be run for the benefit of the directors and the general manager since their salaries made the biggest item on the accounts. He suggested that the directors should forego their fees until the business was paying better, or if they were unwilling to do so other directors should be appointed.

Captain A. W. Best who endorsed Mr. Croucher's opinions was heard, somewhat indistinctly, to give a ecries of reminiscences."

The Chairman, Mr. R. G. course of his the Shewan, in speech, said that although the nett result of the last year's workings showed loss of 821,333.88 it of $2,804,530

A might be considered in the light of an improvement and that the position generally was better than it looked.

✡k

The loans obtained in London by the Hong Kong Government for the purpose of lending money to the merchants amounted to £1,800,000. A sum of £400,000 was repaid in 1993, and £80,000 in 1927, leaving £800,000 still outstanding.

The total of loans issued in Hong Kong from November 16th, 1995, on the security of mortgages was 15,824.598.46. During 1998 a gu

was repaid and $4,845,879.78 in 1997, leaving a total outstanding at the end of the year of 88,173,778.70.

Of this amount $70,553.70 was written off as irrecoverable, so that the net amount outstanding was 28,102,895. There was an overdraft with the Hong Kong and Shanghai Bank on. Trade Loan account of 27,638,670.68 on December 31st, 1997.

FIFE BAND.

SHANGHAI PUBLIC SCHOOLBOYS.

TAUGHT BY SHAFORCE.

Three, members of the Shaforce were asked to see what they could do with three dozen Chinese in the way of music. They were tickled but undertook the work. That was only a few months ago. Now, they have produced a regular Drum and File Band consisting of young pupils of the S.M.C. Public School for Chinese."

This is the first Drum and File Band of Chinese schoolboys in China, certainly the first organiza- tion of its kind instructed and trained according to the rules of the British Army.

The School boasted of a band in the days when the pupils still wore queues and played football with Chinese woollen shoes ten times as heavy as the ball itself. People used to wonder why the sons of respectable

RED RASH ON ARMS AND LIMB

Of a Dry-Nature. Used to lich and Burn Cuticura Healed...

"I had a red rash on my arms and” limb. It was of a dry nature, and used to itch and burn at night so that I could not sleep. My limb was af- fected for Ave years and sched all the

"I tried sil kinds of remedica box they wers of no avail., I read an advertisement for Cuticura Soap and Ointment and sent for a free sample. After using it and getting rollet 1 purchased more and now I am com- pletely heakd." (Signed) Frederick Shaw, 65, Northbrook Rd., Princes Ave., Liverpool, Eng.

Ceticors Scap, Ointment and Tat-" cum promote and maintain akin parity, skin comfortand skin health oban when all ulve falla. Song and Cintraent sold throughout the Buy & Sons, ZARA EL SANDR diy Leann, X., & L [1906"Try the Chieses Shaving Stick.

SPORTING.

07%.

Chinese gentlemen should have been sent to a school where the youngsters had to pro- duce weird noises on the flutes and the crymbals when China had some GUNB by W. W. OBEEN EH thing much better to offer. Nor WEBLEY and SCOTT, and Other

French did the pupils themselves quite Makers-British, realize what they were doing and American. what benefit they could possibly B.SA. Air Rifles, and Miniature derive from merely blowing a flute. Rides, Calibre. Repeating and

Elementary Methods,

Automatic. In those days the bandsmen were SPORTING CARTRIDGES of all not taught the proper drum and descriptiona. Afe music.

An English master

Agents for W. W¡ GREENEB would play a piece on the piano L Blamingham, until the tune was drilled into the boys ears, or sing bar after har as if he knew music, set the boys to practice, and then expect to HONG KONG SPORTING Abub

AND AMMUNITION STORE, find a decent band. Still, in spite of these apparently adverse condi

6 BRACONFELDMARDADE, tions, the

Public School for Chinese did put up a band which

did useful work on various oc- casions both within and without the School, except at funerals. It will be recalled that that band. under the training of the Head

CHAIRMAN'S SPEECH. Mr. R. G. Shewan, the Chair- ma, said: The nett result of our work for the twelve months ending March 31st is a loes of $21,233.88 not including depreciation, as com- pared with

Commenting on the Trade Loan, similar loss of 823,669.90 for the previous year. the Colonial Treasurer says:-

"The purpose of this Loan was Tais, of course, is a very slight

we think that to assist local merchants and others improvement, but when you consider the figures in during a period of exceptional detail, you will find that the post-financial stringency. The necessary faster, Mr. G. S. Foster Kemp. tion is better than it locks. The funds were obtained by borrowing proudly led the procession gross income from lighterage has in London from the Straits Settle- Chinese Boy Scouts from all parts last year to ments Government, the West African of China at the Scouts Rally held 358,830 a gain of a sum of $18,000. Commissioners and the Hong Kong in the Hongker Park in connec but in addition to this we have in- and Shanghai Banking Corporation tion with the Far Eastern Olym stituted a Baggage and Transport sums totalling £1,800,000, security piad in 1915, and evoked voluntary Department which shews a small being afforded to the lenders by Or- admiration from those who appre deficit for the short period prior to dinance No. 13-gf 1920 which made cinted its merits. the making up of this account, but the Loan a charge against the which is now paying its way besides Colony's revenue. providing employment for a large number of fighters. The prospects for this Department appear to be promising.

risen from 849,623

The Fleet.

The feet of tugs and lightere has been kept up to the maximum of efficiency, and it only needs a greater demand for its services to make our undertaking profitable. There is more business to be done, and we hope to obtain a larger share when the advantages are realised of shipping, cargo in first- class craft with adequate protec- tion from weather and sea damage.

Ofer For Aasota.

"Loans were issued locally on the security of mortgages on lands or shares with two or three exceptions. A Committee appointed for the purpose received, applications and made their recommendations as a result of which 278 loans were issued, the first being made on November 18th, 1995.

of

HONG KONG STOCK.

EXCHANGE.

CLOSING QUOTATIONS:

Jum.97cm, 1928, A.K. Baik

$1,292) bay. buy Ladan...#140j nom, Chartered Bank 2011 way. Mercauale Bank, A. 4... nom.

Bs Day Fast Axis Bank P.&O. Bank

U...is nom

The new band, however, is some thing more for the School and per

75 nom. haps others to be proud of. . It

Cauton insurance

15 nom is not so much the fact that the Daoa lasurmaco......$335

bag, Bubj boys can manage a number of

North Chins ins. .................... 11. 143 pay. popular airs associated with the Yangtase Ansuration SOU QUE. British Army, as their patience China Underwriters.......saj buy. and enthusiasm for music, which | China Fire Insurance „ödda buy. feel the boys in that Houg Kong Fire As makes one School are not there simply to be Doo baried in the citadels of elementary H.K. Steamboats ....... 29 "All loans were limited to a learning or to face the whims and K. Fuga 20m period of two years and a number whimsicalities of young masters, Indo-Chinas (Fre)....504 buy. (Det.)....370 buy. fell due for repayment in the latter but are doing something far more part of the year under review. It useful.

Shell Transport/ num. Waterboats... Bengueta

Do.

"mou lagi.

Kallan Mining / buy..

„Ti, 18.20 nom. Langkats (combined).

10. (single)....Tis. 5.90 mom. S'hai. Explorations ....Tim. 1.45 bay,

The only item in the accounts still existed a stringency which war. through their contact with the Bhanghai Lom. 34 nome"

that I need to refer to is the loan BOSHIGAURA –Fizeri Besalde Bammer. Holiday Resort in North China | of 825,000 in last year's account, Five miles from Daison, but sonnected with the city by special motor and our. which has now been paid off in full riage road and slectric tramway. Yamato Hotel (35 rooms) and 1 farnfahed with interest. bangalowa la charming old garden. Bathing, Bosting, Faling, Goll, Tennis Billarda, Örüberkre twins a week. Capital plass for children,” OGONDAL.-Most beautiful and select Bowride Resort is the Far East. Two

miles from Fort Arthur. Formerly the Summar Resort of the high omos and officiala. Yamato Betel und 20 villas and bungalows, mostly with dataabed servante quarters Excellent Bathing, Wonderful Bowery, Historie Battlefelde Brined and Diamantled Ferts, Mios of darming Walks and Drives Abundant Pe

Fienicing Facilities. Orohesiza Swion's weak. Best place for high-class fami PORT ARTHUR.-Famous for its two memorable Heges and ita bosutiful

landlocked Harbour. Ehretly ons hour's journey from Daire by expres This proposal was carefully con-

Yamato Hotel (16 rooma). Bxtalent place of histarieni sad socnie train. Interort to fill a mouth with fresh walk or drive every day. Mori healthy and alsbalous spok in the Far Kart.

For your information I may tell you that a suggestion was made to us by the China Provident Loan Mortgage Co., Ltd., to take over the whole of the assets of this Company in exchange for shares in that Company, in the proportion of six of their chares for ten of ours,

sidered by your Consulting Com- |mittee” and General Managers, and declined as inadequate, in view of the independent valuation of our panies. We are still open to con- aider any reasonable offer for a part" or whole of the assets, and have had inquiries from several sources, some of which are still under consideration.

All under the direct management of the SOUTH MANCHURIA RAILWAY CO. flest made on behalf of both Com-

Illustrated Bookleta and all Information post free on regasst.

Applications may be sent to the Hotel Managers at the various resorts or to

THE BUFERINTENDENT OF HOTELS, Trafic Department Cable Add.: Mazzar30 or 8xxco. 80UTH MANCHURIA BAILWAY. Dairan

(Joda A.E.O. 5th & 6th FÅ.. AL, Ldaber's and Bentley's

Fragrant as fresh flowers

The delicate perfume of

"HAZELINE SNOW

“HAZELINE

(Trade Mark

ROSE FROST”

when a touch of colour is needed

* 6959

(Tresa Mark)

is the first appeal to the woman of taste. Its magic effect in improving the "com- plexion makes her regular user.

Both in stars polandii Chemiein and Storas

BURROUGHS WELLCOME & CO

(#ROPRIETORS The WalusOME FOUNDATION LTO, Landon. [na)

LONDON AND SHANGHAI

All Rights Reserved

Directors' Tees,

The report and accounts were passed on the proposal of the Chairman, seconded by Mr. Li Tae Feng.

MỀ, N. V. A. Croucher said that

item on

was decided, however, to refrain From the presence of the Sha from applying any undue pressure force here (part of which was at time accommodated at the to borrowers in view of the fact one that although the financial situation School) it appeared that the au had improved considerably there thorities got a flash of inspiration Mr. Foster Kemp, who ranted the renewal of many loans soldiers.

had always been a strong advocate on a month to month basis.

On the other hand a number of of music, and to whom goes the mortgagors found it convenient to credit of the bands the School has effect repayment before the expiry had decided to place the boys under the training of some of the of two years.

Shaforce men.

Foreclosure was resorted to in only one instance and no loss was sustained in this connection."

Mr. Croucher: We have had to borrow from the bank to pay their fees.

វ

Taken In Hand.

Kanberries

onoh Mimes

17/0 bal. HK & K Whare 15 bay, 1874 el

E. & W. Dooks.....

HU bay. China Providents 5.10 Dom Hongkow .................. 156 nom. New Engineerings......... 3 nom. Bhanghai Books

ki 1951 Ewo Cottons 8.7u now, Orientals Cutton100

bar. Uation (old)....... 514 nom. Da, (new)dia. 27; nom, H.K.4.His 19.20 bay.

554gbay.

Ti 134 bay.

B.K. Landa Shaoghai Humphreys Katates.i4g nom.

K Realtior

HK. TYAMWAJE.

On December 14th, 1927, the band was handed over to the care of Sergt.-Drummer Bryan and Lance Corporals Storey and "Graham of the 1st Battalion, The Bedfordshire and Hertfordshire Regiment.

The three men at once started training the boys in the drum and fife music and also in the discipline

...$1.80 buy. and general smartness which they Poak Trams (aid) 12nom. themselves had gone through Four

bo. (new) nomь nights a week were devoted to the Star Ferries...........304) day.

TIL 101, study of music and general prac China Lights (via)...$11,55

Do (AB)........., $11,35 buy, tices on the drums and fifes. When

11.65 01. the Bedfds. & Herts, used to hold

Do. (1928)911jsel. their Church Paradea, the entire

were constant spectators, H.K. Electrica ..........$71; nom, band their attention being particularly Macao Electrim........261 bay.

Telephonesuntzios 36.60 buy, paid to the drums.

Do.

Do

Watsons

The Chairman explained that the loan had been repaid in fall and that there was a question at the moment of selling some lighters to meet the expenses of the Company, Captain A. W. Best said that he had much the same ideas as Mr. Croucher. He agreed that the sale of Fighters mentioned by the Chair- mac might help the Company" to carry on for a while, and asked if any further amounts had been leat

The Chairman No.

There are eight side-drums, one China Buses. 94 bay. Captain Best said he wished to big drum, and 25.fifes This alone Singapors Trachon... 11/3 no

Do. (Pref.) ...17/6 nom. endorse Mr. Croucher's remarks. would spare readers the painful He was heard, rather indistinctly, memory (which unfortunately is China Sugaza 2.70 nom. to say that he was a blunt sea daily enhanced) of those horrible Malabon Bagars 3241 pom. it seemed as if the Company were faring man who had known Hong blasts emanating from the tops of Unuton Ices.... 18.30 buy. being run for the benefit of the Kong for 40 years, and he pro- shops and roof gardens along Uements (combmeu)......$9.60 bay. Do. (old)....$4,4) nom. Directors and General Manager, ceeded to give some" personal Nanking Road. These three dozcu

(new) ......$1.55 buy, since the fees of the Consulting reminiscences" of the younger days Chinese youngsters, however, have Committee represented the biggest of several members of the Consult been trained along proper tines. H.K. Ropes (old)...36.10 buy, Bi sel.

(**) ****$8,40 mon the accounts, namely; ing Committee, and other "tai In fact, it is an insult to them to United Asbestos $10 nom. $5,000. There appeared to have pans" of the Colony, which had make the comparison at all. It is

bay. been no depreciation in the feet httle bearing on the business in said that were one to close one's Dairy Farms. eyes when listening to the Band, Der & Wings

$0.50 20m. and the deficit on the year's work- hand.

one would think it was a Shaforce Lane Crawford.........................#24 #el. ing was bard to explain. He thought that the Directors should-Messrs, C. P. Marcel; W.-J.. Car-

Mackintosh.......com... regimental bood playing! forego their foes, as they had most roll and Ii Tea Tong were re- of them big holdings in the Com-elected members of the Consulting After the lapse of a few months W Powells my pany and drew large salaries as Committee on the proposal, of Mr. the boys have not only mastered. Amments 1

H.K. Constructions ..............$13 sal. Directors in addition. He thought A Keith, seconded by Mr. J. Top- the drum and fife music but are that their fees were too great a pin.

able to play a number of tunes, qua Indus. G. Homilaw, 66 reward for the amall service they Messrs. Percy Smith,, Seth & among which may be mentioned HK Lier Lomus....

"Viking," bay-buyers; sel-sellers; en-suite 3 "Colour Company." appeared to be doing for the Com Fleming were re-elected auditors at pany. When the business was pay a fee of $400 per annum on the "Our Boys," Mercer," "Black

and Diamond,

"American ing better it would be another proposal of Mr. H. Dreyer, second-

The boys have been set msiter. He reminded the meeting ed by Captain A. W. Best.

Legion." other tunes to learn during the ab The first public performance of b that in some cases the 'directors of

wa Those',Present.

sence of their instructors at Wei- the Band will be given, when other companies were taking no

the Alufini Association of the Those present, were Messrs. Thaiwei. fees, and he thought that their

Naturally, the boys present School is holding a Garden Company might secure the services G.Ehewan (Chairman), Li Tse of directors who would be willing Fong, C. F. Marcel and W. J. smart appearance wherever they Party at the garden at 761 Avenue to forego fees while business was Carroll (Consulting Committee), appear. They are officered in the Joffre (by courtesy of Messrs. Captain R. D. Thomas (Superinten same way as a regimental drum Arthur and Theodore Sopher). bad.

Mr. R. G. Shewan (Chairman) dent) and Mr. A. A Botelho and fife band is, and each of the This, the writer unofficially under- Also the following bandsmen wears on the sleeve of his stands (owing to the modesty of remarked that there were Directors (Secretary), and Directors, those who were will shareholders: Captain A. W. Best, blue flannel tunic the badge of the School authorities) will be fol ing to work without fees were not Mesers. NV A, Croucher, H drum, which is said to be similar lowed by other performances before the Shanghai public.--North China Drover, A. Keith, Harry Kew, A to what in worn in the Army. much good.

L Bhields, and J. Toppin.

(Continued at foot of next column.) Daily News

(Continned on next Column).

Other Business,

And The Repertoire,

bay.

buy.

rem, kom,

50 degrees

is the deadline!

IP YOUR refrigerator shows over fifty degrees it is not protecting your family as it should.”“”

If it shows less than fifty degrees constantly, your food is fairly well protected "from the bac teria of decay.

If it is a Kelvinator it will always show less than fifty,

Let the Kelvinator man

test your refrigerator..

Call

for iba Kelvinator mam

REISS, MASSEY & Co., Ltd.

ENGINEERING DEPT.

4th Floor, Exchange Buliding.

Telephone: Central 673.

Kelvinator

MILK

The Food of Life

In the interests of

Good Health

it is advisable to use only a well-known and established brand. Buy always and insist on BEAR BRAND

Obtainable everywhere

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ANNOUNCING

THE

GRAND TATTO

PARTICULARS LATER

[6410)