•
COMPANY MEeting.
Hongkong Cotton Spinning, Weaving and Dyeing,
Co., Ltd..
THE HONGKONG TELEGRAPH FRIDAY OCTOBER 20
The motion was carried. The Chairman-That is all the business, gentlemen. I am muol tions, but I am not satisfied with obliged for your attendance. others. I consider the loss on
CRICKET,
and train the Hongkong work- bo the last to suggest that the studied any of their reports you Mr. Sayer-I am quite of opi- people to the higher speeds and remuneration should be withheld, will see that they have worked nion that even if it lnd not boen longor hours which are necessary Mr. Bayer: Does that mean with very serious lose indeed, contrary to the Articles of Asso- to produce the desired spinni igs that if there are only three on the in quality and quantity,
Mr. Sayer-There is only one cution, nobody would have had consulting committee, that they other thing. When the members the pluck to second my amond- During the time the mill has got three thousand dollars of the Committee are proposed mont been silent the entire machinery year?
· *| shall move "an; amendment. . I Yesterday afternoon the Hon. has been dismantled, overhauled The Chairman: The retunera-must be satisfied with some Mr. C. H. Hos presided over the and re-orected, and is now in good tionis laid down in the Artioles of of the answers to my ques fourteenth ordinary meeting of working order. Prices of cotton Association, for $1,000 per annum the above company. Those also are now considerably lower, Anos per year per member of the Com present wore Messrs. G. C. Mackio rican having dropped from 8.40d. milttoo:
the mills is duo in a monsŭro to and Ho Fook, consulting com on 20th May to 5.274, while mittee, Dr. J. W. Noble. A. Indian and Ching Cottons are concerned, I consider, as a slinre- amateur manner in which they
Mr. Sayer: As far as
bad management, and to the
Kowloon v. Police. Rodger, E. J. Arnold, J. Mannors, slowly declining in sympathy holder, that it is a great deal too are worked, and in the interests loon on Saturday. The Kowloon Those teams will play at Kow- G. J. B. Sayer, J, M. Huy, J. W. [therewith The northen wills Taylor, J. Gittens, La Cheng are doing an excellent trade.nti attend these meetings, a slip of quite time that steps were taken de Rome, W. Weasor, W. Water- much. As a general rule, when of shareholders, I think it is Team will bo ns follows:-F. J. Shul, Ho U Song, Yuen Hop, G. present, and provided the cloud at C. Moxon, T. S. Torrest, and present on the horizon in the shape and asked to propose Mr. so-and-ing basis, and as stated pre- (Capt.), Major Kirke, Lieut. Hag-
paper is
put into my hand, and I to put the mill on a proper work-bouso, A. O, Brawn, J. H. Mend Piorcy, the secretary,
of the serious Hunkow rebellion
AU. Someone seconda il, theviously, this cannot ho done un-gar, It. P. Thursfield, F. Sutton, A. does not plunge the whole of China motion is put to the meeting and loss mon of technical knowledge F. 1: Raven and J. P. Robinson. into misery and disordor, I see norried. That is the finish, 14 are placed on the Consulting reason why the longkong, mill oes not matter who the three Committee to advise as to the should not enjoy a renewed period members of the consulting co-working. What capital: we put Population of Dalny.
The Secretary having read the notice convening the meeting, the Chairman said:
1
shame.
I am
1911
MILK
FIVE CENTS A PINT.
PURE, FRESH, -SEPARATED; NATURAL,"
REMOVED: THE CREAM ONLY.
ADDED
i...
: NOTHING,
you must use Separated Milk why not have 'It
FRESH?
One penny a pint !
For sale by
THE DAIRY FARM Co., Ld.
To-day's Advert sements :
HONGKONG WEEKLY:
TELEGRAPH.
Contains all the lows of the
Gentlemen: The report and accounts having been in your of prosperity, and I can sure you mittee are. I think it is n grout in the Company we require a re-the city of Dalny and its noigh- Tho Japanese population, in hands for some time, 1-propose, that every effort is being made to
tairn for, und wo want menbourhood is rapidly increasing. with your approval, to take them wards the end. Before proposing The Chairman; I think if you on the Consulting Committen Comparing the census returns as read. I much regret having to the adoption of the reports will study the Articles of As with a sound technical know- taken at the end of last August Jay before you such an unsatis accounts, if any gentleman has factory report, but I have little any questions to ask, I shall be sociation it is provided that if any ledge and a knowledge of with the figures at the end of the yarn markot. Ilink, instead August, 1006, population and closely, fallowed the company's my ability. I understand someone else for the committee Committee each drawing $1,000, about five and six-fold rospective- loubt thist those of you, who have glad to answer them to the best of shareholder wishes to nóininato of having thiroo men on the households show an increase of business and affairs, will not have gonioman wishes to ask some still give notice that effect the Articles of Association might ly. At the end of August, 1000, been unprepared for results inch questions."
to tho General Managers soven bo altered so that we could put on there were 6,836 Japanese resi days before the meeting. If any three men with a good business donts in 1,423 households, which week in a must attractive form shareholder wishes to propose any other shareholder, ho can do knowledge and three mon with a increased to 1,274 persons in and is the paper for mailing 10 good technical knowledge, and wo 4,108 households in 1907; to
friends at Home, with photograph in the paper way,
could Mr. Sayer: Doos that on year, which would be about the holds in 1008; to 22,482 persons
pay them $250 or $500 a 20,855 persons in 6,003 house of a Street Soone. This week's
Contents:- that the general managers have same amount as the three mon got in 6,954 households in 1909; to full power to elect whom they pleto, without consulting the shareholders?
The Chairman: It means that you wish to propose somebody on the consulting committee, you must send his nane in soven days before the meeting. That is, of to be warned by the Mill. The course, provided he is a share amount.In question is serious, holder.
s are now presented. As was Mr. Sayer rose, and said it atated at our last niinal meeting,iving sout a copy of the questions tho prospects for the year wore which he proposed asking at that not tien favourable, and as time meeting, probably there would be wout on, the disinclination of solue answers ready. His first buyone to pay the high pricesi, ro-[question was : quired to covor the enhanced Asstater in report the amounto cost of the raw material, hemme $187,398.59 (total loss to 31st so marked, that it was decided July 1911) it is proposed to carry to close the mill on 31st December amount to next year's account, last, since which date it had re How is it proposed to meet this mained silent. Previous to the enormous sum? Russo-Japaneto war, an import- The Chairman replied: It is ant outlet for our productions was hoped to work it &ff from profits in the north, where some seventy por cont. of thoyarus were consum ed. Since this war, however, the demand from those arthorn markots has either died away or has been diverted to ollior quar
at the present time who are on the 28,721) perrous in 8,150 house-Day by Day.......... Consulting Committee. I do not holds in 1910, and to 31,037 Passengers' Lists... return for our money, and Lam1911. The population at prosent see why we should not get some persons in 9,059 households in
Steamers Commercial: sure shureholders will ugres with consists of 17,577 mon and 13,-
The Courts what I say. I am not only voicing 460 womon.
Telegrams my own opinions, but those of my outsiders. We want good practical men on the Consulting Committee.
DON'T FORGET.
Saturday, October 21. Concert, Mount Austin.
Dedication of Chapel at St.
Saturday, October 28,
p.m.
To-day's Advertisments
FOR SALE.
ENNIS and BOUNDARY NET- TING cut to any size at 1 coul Square foot.
Puges.
1-5
8-7
8-0
10-13
1417
P. PULAR "ASAHI" BEER
A.......................... 18-20 Note our Price #12.00 par okka (N= Loading Articles......30-35 taining 4 dozen quarts or 6 dozen Notes and Comments ....36-38
pints... Sport
Ounton and Coast Ports... 12 The Rights, Duties and Liabilities of Share Brokers
Boxing!
[48.
Boxing!
43-44 GREAT BOXING CONTEST,
CITY HALL.
Murder at Wanchai.......4 Fire Brigade Inspection 44-45 Yaumati Dogs Home......45 Our OccasionalContributor15
Hongkong Cricket Club...45° Portuguess Republic......40 Hongkong Discovered ...46. The Law Courts............47 Brokon Tail Shaft .........47 Cathedral Choir Concert... 47 Insulting China's Flag...17
SATURDAY, 28th October, 1911, commaacing at 9 r.x, sharp.
MAIN EVENT:
15-unds for a parse of $1,000..
JACK BLACKMORE, 'Australia,'
DICK HANNAFORD,
Legislative Council.n47—57 Ex-Uenvyweight Champion of the
CHINA EXPRESS CO.,TE TELEPHONE DIRECT ORY for 1912 is now in conTSO (Opposite Launert's Auction Rooms). ng any alteration thereto, or intending
9, Dandall St.
of preparation and Subscribers requir. Hongkong, 20th Oct., 1911. [1460
but not an impossible one to f Mr. Sayer then asked the liquidato with the assistance of a following set question:
Tho Chairman have listened good year's working.
to Mr. Sayer's remarks with in-| Are the General Managers pro torest and with respect. 1rogro The second question aras:pared to consider the advisability equally with him the unfortunate ters, with the result that we have Will the General Managers cause of electing the number of nem-results of the mill's working, but Pual's College by Bishop Lander, had to mainly depend on local de- ja general account to be added to hers of the Consulting Committee mand to relieve us of our output, in future to the balance sheet, is follows;-To forward to each questions, unless the Generul by H.E. the Governor, 3.30
s I muid in my reply to one of his 2.45 p.m. Opening of new roons With sheap cotton, and provided showing the total takings for the Shareholder, a printed list of Managers were gifted with om business conditions in South year, and the manner in which the names of the shareholders with a niscience we could not foresee China had born in a normal con- money is expended, including the request that a cross should be that our northern markets were dition, I do not think this loss of General Managers' fees, &o, as the plased against the names of those going to be entirely closed. We par northern faulets would have present balance sheet is very they consider eligible, and, men have boon told, and I think all of proved as serious as has been the vagao?
of Teolmical knowledge, conver- you have read in the papers, that caso, but unidarunately, not only Mr. Ross replied: do not sant with the working of machi-the "open door" was to be the had we to face the high priced think the publication of a detailed nory and the yarn market staple, but also a continued series working aceon it sure as Mr. Sayor us, fur as possible to be select policy in Manchuria, and had that of disturbances and disorders in suggests, would be 15 the interests, and those men who have the tained there is no doubt, what-
open door" policy been main-per the neighbouring wovinces, the of the Company. So far as I am majority of votes to be asked ever that Hongkong Mill yarns combined results of which made aware the published accountscom-join, and to receive for their ser- would have sold as freely thore it quite impossible to catine ply with the provisions of the Art-vices the sum of $250.00 per an-as. they did in past years. working our mill except at a eles of Association. If further inum euch, and to meet monthly, Those of you who have studiod minous loss, and accordingly, as formation bo required by sany or as often us required? I invo just stated, we closed down sinireholders and subject always. The Chairman-No, the Gen- them during the time of your
the accounts, and referred to FOR SHANGHAI, MOJI, KOBE un 31st December lust, During to the provisions of the Articles of feral Managers are not prepared to Mill's working, will see that-as-
AND YOKOHAMA, the ten months in which our mill Association (Section XIV Para agree to any such proposal. The has boon silent, cortain negotia grupla 3) this can be obtained by election of the Consulting Com-control in Manchuria our Hong:
soon as the Japanere obtained THE P. & O. B. N. Co. Stemasi tions have taken place with some persqualonquiry from the General mittee is clearly provided for in kong Mills ceased to make satis- Japanese friends, who contemplat-Managers. There is no secret as XVII. of the Articles of As-factory, profits. It. is very easy od the purchase of the entire us the remuneration of the General Hociation and it is open to eluure-now to say, Why was this not undertaking, but is these Managers. It is clearly laid down holders to propose in the pre- foreseen; and, Why didn't you friends wore not prepared to pay in the Articles of Associationssi.e., scribed manner, any person whom make changes? but anybody who what we considered a fair price 10 per cent, on the net profits of they propose to serve on this has any knowledge of the work- for the mill and property these every year with allowance of Committee..." negotiations have fallen through. $5,000 per annum to cover office Mr SayerWhen did the especially, will know that elianges Since the closing of accounts exponses. When there are no works close, and why? ̧ now before you the whole of the net profits thore is no 10 por cent. _yurnin stock, with the exception commission.
:
:
KEYLON,
will leave fit the above places at Nou, FO-MORROW, the 21st Out., 1911.
For Freight, apply to
Superintendent.
E. A. 'HEWETT, ' ing of cotton inills, in Hongkong Hongkong, 20th Oct., 1911.
· BREMEN.
LINE.
YORCK,"
[4
•
Navy.
4. PRELIMINARIES;
Pires : Ring-side Sỡ, 88 and $9.
new Subscribers are requasipil to com- Soldiers and Sailors in uniform $1 to municate their wishes to the under
the $2 reit only. signed within the next 14 days.
THE CHINA & JAPAN TELE- Booking at MOUTRIE'S,
PHONE & ELECTRIC 00., LD.
LATE CARS, [1419 Hongkong, 10th Oct., 1911.
Hongkong, 18th Oct., 1911.
+1440
THE ALEXANDRA CAFE
"PERFECTION BREAD"
ORISP AND ORUSTY. DELIVERIES TO ALL PARTS;
10, Des Voeux Road Central, next. Hongkong-Hotel,
“Tël. No. 909.
GILLON'S
TWO FAMOUS WHISKIES
Mr. Russ; This question has bought some distance aliead. The
are not so easily made. Cotton is NORDDEUTSCHER LLOYD,
of a small consignment of 661 Bayer-My-third-question marks on the report and accounts here is in the labour and the
already been answered in my romain obstacles to making changes IMPERIAL GERMAN-MAIL bales at Newchwang has been sold is-How many men comprise Mr. Sayer: What is the month-chief 'difficulty now is working al-covering prices. The cotton the consulting committee accord-iy expenditure since the works the mills to produce a similar yarn NOTICE TO CONSIGNEES. JOHN also, which was in process at the ing to the Articles of Association, closed down? tino of shutting down, hus beon and does it state the remunera
to that produced at Shanghai and made into yarn and sold. We dou for acting in that capacity? monthly expenses are $5,559.86; here. We are loing our best towark
The Chairman: The Average in tratting the people employed THE Bloms therefore start cloan as regards The Chairman replied:-Un- Average monthly interest 54, to this end, and are bringing having ariived, Consignees of cargo aro Blocks of cotton and yarn. Inder the Articles of Association 019,10; Total $9,609.02. August Just Wo arrange for the the Consulting Comunities shall
down a large number of Shanghai hereby informed that their Goods, with manager of the Shanghai wills, consist of not more than seven the Chairman said the figures kong labour to work with speed Valuables are being landed and stop.d In-answer to a further question, work people to try to train Hong the exception of Opium, Treasure and which are under our control, to members of which three, form visit. Hongkong to inspect and morini. At present the Correre included in the account be think there is anything more I exim bazardous Godown of the Hong- were up to the end of July and and also long hours. I don't at their risk into the hazardous and/or report on the mill, to examine alting Coinmittee consists of fore them: N into local conditions, advise us three. The remuneration 18 Mr. SayerIs it a fact that if questions, gentlemen, beg to West Point Godowas, whicnes delivery can say, and if there are no horoong and Kowloon Wharf and Godown Company, Limited,· Kowloon, and generally whether, in his opinion, sourly stated in the Articles of the General Managers had pur propose the adoption of the report may be obtained. the organisation and methods Assocʻution (XVII-3).
it
chased a better grade of Cotton and accounts as presented. when the price was high, that
Options Cargo will be forwarded on
the Mills, need not have closed Mr. Mackie seconded, and the unless intimation in received from the down, as higher counts of yarn motion was carried unanimously. Consignes before noon to-day request. could have been worked?
Dr. Nobis proposed the coming it to be landed her.
No claims will be admitted after the
GILLONS Auto Wolf
VO
SCOTCH WHIS
SCOTCH
of working could be successful-Sayer then asked: Is ly altered so that in addition not considered that the enormous to wint is required for local sum of $3,000 is far too exces consumption we might also pro-sive! Are the Consulting Com duce identical yarns to those now unjtten men of Technical know- The Chairiman: No, it is not firmation of the appointment of Goods have loll this Godowns, and 11 produced in Shanghai, and thus ledge as to the working of fact. It is perhaps regrettable Mr. Ho Book to the Consulting goods remaining undelivered after the Avail of the enormous and inercas machinery, and the working of that the radical change of organi-Committee, and the re-election of 20th of October, will be subject to ing demand for finer spinnings, cotton mills generally? Do they sation now contemplated was not Messra, O.G. Mackie and Ho Fook roat produced from an altogether receive the above amount whether undertaken immediately after the to that body.
All bruken, chafed, and damaged different class of cotton to that the Mill is at work or not? Rasso-Japanese war, but unfor- Mr. Arnold socondod.
Goods are to be left in the Godowns, hithe so used by us. The report The Chairman: No, I do rottunately the Gonoral Manugeraare
Mr. Sayer moved as an amend-where they will be examined on the given by this gentleman is die consider that the remuneration not omniscient and in the absencement that the election of the Con- 26th of October, at 9 80 a.m.. tinely encouraging, and though authorised by the Artioles of As of auch faculty it was impossible, sulting Committee be allowed to noth of October, 1911, or they will All claims must reach us before the there are still serious problems sociation is excessive. I regard it to foresee that the "opon door" stand over for the present, and, not be recognized. to overcome in connection with as very reasonable. The members policy in Manchuria, would prove that, it be elected by a vote of thee Fire Insurance will be affected. the suply of officient local labour of the consulting committeo are in practice to be such a "dond liareholders. we hope in time to surmount these selected primarily ng possessing letter."
Bills of Lading will be countersigned The Chairmain-I am afraid bribe undersigned. and as prices of cotton are very good business qualifications, much more reasonable, we are Teclinical knowledge as to work-may be. vory well, but I am given the meeting, as it is contrary to
Mr. Sayer-Your statement, Sir, that, amendment cannot be put to NORDDEUTSCHER LLOYD, These two High-class Whiskies are noted for their Age, Parity and
́MELCHERS & 00.,
Delicious Flavour; taken with Tansaan or Soda, they are par taking every steps to re-open the ing of machinery, might possibly to understand that the Home Mills the Articles of Association. Hongkong, 19th Oct. 1911, (7
General Agents. `-
excellenco, millet an early date, To fill the be of value but I am not aware and the Bombay mille have been rend to you the section which
Price per doz. Bots. Ye Auld Toun.. post of manager we have secured that there are available in Hong-ut work the whole time without describes how members of the
V.O.P How can you account for Consulting Committee are to be EC. Wilke, MI. Med., E.,A,M NA SOLE AGENTS- merly No. 2 ut the Ewo mill, who possess.combination of both that? Shanghai, and wo are arranging general business and teblinical The Chairman-1 think you shareholder at a future meeting the purchase, or sale, of Stearnships or proposed, and it is open to any construction, Valuer and Assessor for Consulting Engineer and Surveyor for
for the supply of a large number knowledge, Yes, cortainly, and sa were not quite correct in saying to propose the name of any quall- of Shanghai spinners, who, it is representing about 90,865 out of that the Bombay mills were at fied gentleman to serve on the hoped, may by example accustom a total of 125,000 Shares, I would work without loss. If you have Committee.
Launalice.
821,00
836.00
H. PRICE & CO.,
Wino Merohants, a
ANDRA BUILDINGS, Bro Loom. Tol, No. 185. Hongkong, Let May, 114. 1100 Hongkong, 17th October, 101
12, Queen's Road Contrali.
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