1941-06-23 — Page 4

HONGKONG DAILY PRESS

GENERAL

PROFIT DECREASE REPORTED BY TEMPORARY

LANE, CRAWFORD LTD.

LTD. JAPANESE

REGISTRATION OF MEDICAL

Reference To Evacuation CONSUL ON PRACTITIONERS

At Annual

Meeting

A DECREASE OF $59,988.08 IN THE WORKING PROFIT FOR THE LAST FINANCIAL YEAR AS COMPARED WITH 1939 WAS REPORTED BY THE CHAIRMAN, MR. P. H. SUCKLING.

ORDINARY AT THE NINETEENTH

YEARLY MEETING OF LANĘ, CRAWFORD, LTD., HELD ON SATURDAY.

This loss was attributed to the considerable decrease in the tarnover of the majority of departments as the result of the evacuation of women and children in July,

Mr. Suckling was in the Chair, plum.

Brown (Manager)

Shareholders present Messrs F W Robertson. D). S

Murphy.

installed ht 2 Cust

expenditure.

CONDITIONS IN H.K.

In exercise of the powers con- ferred on him by the Emergency Order Powers (Colonial Defence)

in Council, 1939, and the Emer- gency Powers (Colonial Defence) (Amendment Order in Counell,

MR. SEIKI YANO, THE JAP: 1940, and all other powers en- ANESE CONSUL AT HONGKONG, abling him in that behalf, 3.Us has returned home to confer with Excellency the Governor makes the Foreign Office authorities, ar- the following regulation which riving at Baneda by air, reports shall be inserted in and shall form

blo Japan Chronicle,

part of the Delence Regulations, Mr Y&uo Is quoted by the 1940.

published 69 Government of Asahi aaying that since the Notification 709 in the Gazette and other Directors present were $27,486 29, has now been in opera-outbreak of the European war. the Extraordinary of June 25, 1940, as Messrs. झं A Dastur. M. Ray on since last September, and people in Hongkong have been subsequently amended........ mond D C Edmonston, $ Tjudging by the results shown by maintaining a very calm attitude. BOA(1) Where, on the apph- Williamson, s T. Butlin (repre- this department subsequently. it Nu anti-Japanese attitude of acation of any person entitled by senting Messrs. Linstead and would appear that the cutlay has undisguised nature is LO be obvirtue of any enactment to prac- Davis, Secretaries), and A W. been fully justifled The acquisi-served either among the British se medicine. surgery and mtd-

Fixtures tion of additions

and nationals

or among the Chinese wifery in any part of His Majesty's were Fittings and Restaurum Appoint- inhabitants. This is due to the dominions or in any foreign coun- Stapleton. W. ments accounts for the major strict control being exercised by try. It is shown to the satisfac- Robb and E. Ola firm at the balance of Cepital the British authorities.

the Jaption of the Medical Board that anese Consul said.

that person fulfils such conditions Stocks. Including stocks in tran-

CHINESE LEADERS

as to nationality, character, pro- the sit of $68,619 18. amount to $630.- Transportation of materials from fessional qualifications and other- 327.08, a reduction of $42.384.27 Hongkong to Chungking is now wise as the Board with the con- Before proceeding with the under last year's flair.

Impossible, and the terchange or seul of the Governor may pres- formal bustness of this Meeting. The decrease reflects restricted visits between Chinese jeaders incribe. the Board may, if it thinka I would cater to Mr J H. Tag- buying in some departments and Chungking and Hongkong is being fit, direct that he shall be regis gart's resignation from the Direc- also delays in delivery. to which carried on by air, their movements terea in the medica. register as a torate at the end nf February I referred earlier. I AJT: pleased being reported in the Press dally.

temporary practitioner, and on the Jast His resignation upon his, to be able to assure you thal Mr. Yuno said that the Defence direction being given that person retirement from the Colony f-stocks are in first class condition Act enacted after the outbreak of shail be registered accordingly forced by B health, was sccepted and that in arriving at the valua the war is being enforced strictly and the provisions of the Medical by the Board with sincere regret, tion figure for Balance Sheet There are clear-cut restrictions on Registration Ordinance, 1935, shell and I know you will join with me purposes, adequate provision has the residence, removal, commun- as far as may be apply in relation In voicing at this opportunity, our been made against the contin- cations and property of all into persons registered by virtue of appreciation of the Valuable agency of deterioration

habitants. Irrespective of ration-this regulation as they apply to outstanding services he rendered

alty. Particularly rigorous is the persons registered under that Or- rute enforced against communi- cation with the outside country by means other than by mali.

CHAIRMAN'S SPEECH Addressing the meeting. Chahoman said. In part

SUNDRY DEBTORS

BOTH PUNISHED

For instance, if any person en- trusts a letter to another person

dinance:

Provided that, without prejudice to the provisions of the said Or- dinance relating to the erasure of names from the register, s person registered by virtue of this regu- lation shall cease to be registered bearer of this letter and its ad on the revocation or expiration dresses are punished alike.

Be thereof.

throughout his tong association Sundry debtors amount to $169.- with the Company, and express 522.04 compared with $180.142 42 ing the wish that he will soon be last year. I would mention that completely restored to health there is still included under this The Prafit and Loss Account heading an amount in respect of shows a working profit of $163.- certain cargoes In enemy vessels 276.44 compared with $223,264.52 which book shelter. in neutral visiting British territory, both the last year.

Durts at the beginning of the War For the first four months of the Whilst Bllis of Exchange in pay year under review tumiover was ment for these cargoes have been sides being fined, these offenders (2) In this regulation "Medical well maintained. bul as a result met. all efforts to obtain posses are expelled from the territory. Board" means the board estab- of the evacuation of women and ston of the relative goods have A targe number of people have

lished under section 10 of the children from the Colony in July talled up to date. You will re-been punished under this rule.

Medical Registration

last, the majority of our depart enflect that, a year ago. you ap- Because the export permit 1935 ments suffered thereafter a con- proved an appropriation of $10,000 'system has been strengthened. siderable decrease in revenue. I to meet contingencles which might some 600 Japanese exporters and am however. pleased to report rise in respect of this matter. Importers in Hongkong are suffer- that, with the exception of two thereby increasing the Bad and Ing many Inconveniences. he departments upon which the eva- Doubtful Debts Reservr to $20,000 said cuation incidence was naturally and your Board consider it pro- heavy, all branches of our of dent in the circumstances to ganisation showed £ profit on maintain

reserve at this working.

ADVERSE CONDITIONS

the

figure.

Turning to the

Liabilities side

Staff

Ac-

In addition to the diminution of the Balance Sheet, you will 111 turnover. adverse conditions observe that the General Reserve prevailed throughout the year in now stands at $250,000 and connexion with delays and diffi- Passages and Contingencies culties in obtaining merchandise count at $28.472.70. from the usual sources and the: Mortgage indebtedness has been continuous upward trend in the reduced $50,000

by

during the cast prices of goods. Despite rix-year.

H.E. TO BROADCAST

Ordinance.

Government Scheme For

ON WAR EFFORT Insurance Of

His Excellency the Governor,

Sir Geoftry Northcote, is to make

Commodities

Following the step taken England and in other parts

12

of

a specia broadcast. shortly on the Colony's War Effort, it was officially tearned on Saturday, the British Empire, Government

In connexion with this it was

proposes to put into Operation rumoured that His Excellency

shortly a Was Risk insurance would announce that evacuated Commodities.

G scheme for compulsory Insurance of commo-

ing costs. the Company has fo- Trade Creditors amount to deavoured to maintain price levels $206.864.88. a reduction of $81,907.-mitted to return as from Septem dilles stored in Hongkong.

and the volume of patronage ex-32 compared with last year. tended to us during the year un- The Overdraft

with the Bank der review may be taken As a stands at $347.050,94. compared Indication of appreciation of our with $315.476.47 February 29. 1940. This represents an Increase efforts in this direction.

on

wives and families would be per-

ber. These widely circulated ru- mours, however, weru personally contradicted by Sir Geoffry him- self.

01

the

In

Under this plan all individual firms possessing commodities stock valued at and above $15.000 will be affected, while firms hav- log

stocks valued at under

Turning to the debit side of the for $31,574.47, but taking into ac-yeur, under conditions presenting $15,000 will not be compelled to account, the expenditure of count the reduction effected In many difficulties. $4,280.70 on repairs and renewals.mortgage indebtedness and trade.

insure but will be invited to take The adoption of the Report and out insurance voluntarily

a slightly higher figure than the creditors, coupled with the pay Statement of Accounts WELS usual debit under this heading.ment of the dividend declared last seconded by Mr. F. W. Stapleton represents the cost of the altera- year which absorbed $60.000, the and carried unanimously. tions effected to the Grocery Deposition may. I submit, be const- partment in order to house ourdered satisfactory.

of

Fixed assets have been

RE-ELECTION

MONTHLY PREMIUM

It is proposed to fix the monthly premium at half per cent. of the value of the goods stored.

It was proposed by Mr. W.

The Hongkong Government will Dew Butchery section. the whole On the whole, 1 feel you will Robertson and seconded by Mr. D. of which it was decided to write agree that, bearing in

mind the 8 Hobo that Mr. E. M. Raymond hot be responsible for any claime which will be settled by the Bri- ¡difficult trading Conditions with be re-elected to the Board. depre- which we have to contend at the Mr. E. 0. Murphy proposed, and tish Treasury.

The operation of the scheme, if elated at the usual rates, and the present time. the results shown Mr. F. W. Stapleton seconded.

entrusted provision made includes depre- are not unsatisfactory

that Messrs. Love, Bingham & it materialises, will be

to focal branches of underwriters ciation in respect of the restau- Before concluding, I desire to Matthews be re-elected Auditors

and insurance compisales. rant air-conditioning plant. which record an expression of apprecia- to the Company for the ensuing appears in the accounts fur the tion to the staff for their work year, at a remuneration of $1,800.-

and loyal co-operation during the 00.

first time

Bad debts at $5,289.81 are sub- 9tntially less than for the past

two years, and I submit are not INGENIOUS METHOD TO

excessive in relation to our turn-

over.

Corporation Profity Tax. amounting to $14,253.00, makes its first appearance as an additional charge, and represents the assess- ment mad upon the Company for the year ended Mar. 31, 1941, computed on the profits for our abcial year ended Feb. 20, 1940.

NETT DECREASE

Dealing with the Balance Sheet,

"SQUEEZE" HAWKERS

An ingenions method to "squeeze" hawkers and at the same time give them the impression that the collection was for the Police constable on duty, thus putting the blame on the law off- ber, was told before Mr. G. T Lowry at the Central Magistracy on Saturday, when an 18-year-old unemployed. HO KAM, was charged with attempted larceny by a trick of three conts from Yuen Pok-Tam, unilcensed hawker st Des Voeux Road Cen- tral on June 20.

i

SUPER TAX

Is was officially learned that there will not be an imposition

of a Super Tax in addition to the war taxes of the Colony as it was

to found, after investigation. be anjustifiable.

FORTHCOMING MARRIAGES

The following forthcoming mar- ringes were announced at the Re- gistry. Supreme Court, on Satur- day:-

In aantencing defendant to three Complainant assuming that the Mr. Christopher Sullivan, social You will observe that Fixed Asseta months' hard labour, the Magia-"equeoze" was for the constable, service worker. of Vellevue Hotel, amount to $2 522.085,81, a nett trute remarked that although the agreed to pay three conts and Kowloon, and Miss Lee Tsing, re- detrenær of $48,832.03 as compared sum involved was anall, the act handed defendant B ten-cent siding at the same address; with last year. The reduction was very mean.

AA defendant had no Mr. Sah Foo-chien, manager, of 41 Lee Garden Street, and due chiefly to depreciation, and Det. Bet, C. Wilcox; prosecutir e, change, he handed the coin back No.

said that the trick was collecting to complainant and it was then Miss Chan Bul-sin, cashier, of No.

41 Wongnelchong Road.". "aqueeso" from hawkers, pretanding that he was arrested. that it was for the constables.

plece.

Preasing for the ouse, Sgt. Wi

MONDAY, JUNE 23, 1941. -PAGE 5

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"CLEAN-UP" RAID

IN WANCHAI

In a sudden "clean-up" raid i0 the Wancbal district on Saturday night the Police took into custody between 24 to 30 Chinese women

In this case, and Sgt. Wcox, cox added that this end of thing WATCH SNATCHED and girls who were found "bang-

ing round" bars in Warichal.

About a month ago some 100

to the appropriation of $17,840.93 approved by shareholders at the annual general meeting last year, which was used to write off the balance of the cost of buliding defendant followed behind a coli-happened very often and Was Alterations at Stubba Road Baker?. stable, whom duty was to drive the very hard to detect, and besides,

Mrs. Baxter, of No. 10, Babing- Capital additions during the year unlicensed hawkers away. When hawkers were only led to think ton Path, reports tant about noon women and girls were taken in the defondant auw oomplainant return that it was the constables who on Friday, while walking along the anfounted to $44,770:75.

neighbourhood in a similar raid When reporting to you last year, after the constable had gone, he were actually "qudèaing" them,

roat, she had her wrist watch and they were detained unt!! the ## mentioned that arrangements | approached him and demanded five

Defendiint was stuted to have valued at $27, snatched by a Chi-following morning but no charge had been completed for air-con- cents, saying that if he acceded to

one previous coliviation.

ness male, who alcaped. This the proposition, he would not be ditioning Unte Wiseman.

was proferred against them, 'driven away again.

NEW LAID LEGĦORN EGGS

+

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TROM

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UN LONG, NEW TERRITORY

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HUNG CHEONG

Telephone 87

60 Nathan Rond,

KOWLOON.