1915-01-29 — Page 4

ROBT. PORTER & CO.'S

CELEBRATED

BULL DOG

BRAND

LIGHT ALE

IN PINTS & SPLITS.

Very light, extremely palatable & refreshing. Brewed from the finest English malt and hops.

SOLE AGENTS

A. S. WATSON & CO., LTD.. Wine & Spirit Merchants.

THE HONGKONG TELEGRAPH, FRIDAY, JANUARY 29, 1915.

Correspondents are requested to observe the rule which requires them to forward their names and addresses with communications - addressed to the Editor, not necessarily for publication, but as an evidence of their bona fides.

1'

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By Order,

HONGKONG TELEGRAPH."

ACKNOWLEDGMENT.

DAY BY DAY.

IF A MAN WERE TO PLACE HIM- MANFULLY THE GREATEST EVIL SELF IN AN ATTITUDE TO BEAR

THAT COULD BE INFLICTED ON HIM, HE WOULD SUDDENLY FIND Thoreau,

THERE WAS NO EVIL TO BEAR-

The Weather.

COMPANY REPORT.

The Hongkong. Canton and Macao Steamboat Co, Ltd.

The report of the Board of Directors of the above Company, Lower level 3 a.m. Temp. 61;to be presented to the ordinary fine.

annual meeting of shareholders, to be held at the offices of the

At the Peak 8 6,m. Temp. 52(Company on February 9, et acon,}

fine.

..

The Mails.

In this column we made refer- ence yesterday to the point raised at the last meeting of the Sanitary Board to the effent that the two newly-elected members had not been officially "appointed." Work ing on this contention, the Board, as we then stated, withheld its adoption of the report. of the Select Committee appointed to consider tho water carriage aye. tem. One point, however, which appears to have been overlooked is that one of the new membera was, neverthelese, appointed to fill vacancies on Committees oa need Siberian Mail.-Closed pers.e. by Mr. Bowley's disappearance V. de la Ciotat to-day at 10 from the Board. If it could seriously be contended that the new members had not been pro- perly appointed, then surely the Board had no right to ap- point one of them to fill the vacancies spoken of. There is' one farther point which might be

Yesterday the Telegraph made. How comes it about, if published 32 columns of solid the new members had no right to | reading matter. To-day there be present, that they duly re will be 34 published. esived their papers reminding them of the meeting and indicat- ing the nature of the business which, was to be transacted? The whole thing seems to have beer. beautifully muddled from be ginning to end.

Mr. and Mrs. N:T. Churoher beg to thank all those friends who sent wreaths as a token of their sympathy with them in their recent bereavement.

Mr. A.D. Macdonald begs to thank all those friends who sent wreaths as a token of their sympathy with him in his recent

bereavement.

The Hongkong Telegraph.

HONGKONG, FRIDAY, JANUARY 29, 1915..

THE WAR ON GERMAN TRADE.

A Notable Anniversary.

a.m,

English Mail. Closed per s.s.

is as follows:

Tho directora beg to submit to the bareholders the report and tatement of accounts for the year ending 31st December, 1914.

After paying running expenses, salaries, preais of insurance, repairs, on isterim dividend paid s.o.in august last of $40,000 and a1i other chargos, and after including the sum of $27,827.75 brought forward from laat account, there

Nubia to-day at 2 p.m.. Siberian Mail.Closes per

Chepan to-morrow 4 9 s.m.

Count the Columns,

The Dollar.

The rate of the dollar on demand to-day is la 9.3-18d,

Prize-Day. To-marrow in prize-day at the Diocesan School and Orphanage.

temsing a debit balance of $12 604.27, which bas been carried forward.

Shanghai Bank- ing Corporation, Current Account. Accounts Payablə Final Dividend A

1914, transferred from Equaliz. ation of Divid end Fond

Assote,

Value of Steamera Houam, Taishoo, Heungahar, Sui An, sui 'Tai, and Hai Sang, the of Kinshan, and 1/3rd of Sainam, Nanning,Lintan, and Sanui Value of Lighters

107,410:02 58,280,07

32,000.00

$2,380,380.49

Sanloo and Woles Value of Wharves, Halks and Moor- inga

D

Value of Properties at Canton, Wa chow and Kong-

mun 14

104

...

Bishop's Loss. The Bishop of Victoria has To-day is the fifty-ninth sn-reported to the Police that an niversary of the institution of the overcoat has been stolen from theon all lines throughout the year, Victoria Crossthehighest award which Britain has to offer her sons for gallantry in the field or

The sum of $32,000 has been withdrawn from the sum atanding Value of Spare Gear at creditofEqualization of Divid-

and Stores end Account to provide for the Valde of Furniture payment of a final dividend of Value of Shares in forty cents per share, absorbing Public Companies this sum, thus making a dividend Loans on Mortgage of 6 per cent, for the year. Tas laverest Accrued to.

dato amount standing at credit of Equalization of Dividend Account Sundry Debtora is now $218,00.

Accounts - Beociv

able Fleavily increased expanditare, coupled with severe competition complete cessation of all cargo movement since commencement of hostilitie in August, and grost- ly decreased passage trafio during cause, and restricted movements me period, dae to the same.

in naval warfare. We saw recently

hall stand at St. Paul's College.

Witness Dies; Prisoner Discharged..

in a non-English nowspaper- that the V. U. corresponds to the from a house in Caine Road was A Chinese charged with theft Iron Cross in Germany": a state-discharged at the Police Court to ment which, in the light of resent day, the chief witness against him events, is neither complimentary having died and the case being nor true. The small list of men withdrawn. who have earned the V. C. its sufficient indisation of how hard

A

A Striking Photograph.

Marine and Fra InsuranceFremia paid A/ 1915... Amount at Debit of Profit & Loss Aƒ1⁄2·

To

NOTES ON THE CRISIS

GERMANY IN EXTREMIS,

Circumstances Pointing to

Her Duom

There on be no doubt about it that the announcement which has been made by the Federal Council in Berlin of its intentions in regard to the conservation of the stocke of corn, wheat, flour and meat is the most significant sign we have had since war broke out. 1,357,000.00 of the fase which is coming over the German nation. Sa.long as it

-3,000.00 was a mere matter of reamuring the people on events which were happening hundreds of miles 181,933.30 ontside German territory it was

possible to bluff" the public, but when it comes down to Feizing all supplies of wheat and 108,700.84 flour and doling out other neces-

acies of life in proportion to 24,856.26 population, the real facts can 1,000.00 no longer be withheld from those whose unhappy, lot it is 447,407.00 to be inside the cirole of steel 167,000.00 which is gradually closing in on them. Plausible explanations 215.40 won't fill empty stomache, and as 19,832.11 food becomes scarcer the mood of the people will grow uglier. What 44,112.72 that will mean requires no com

ment,

Sugaring the Pilt.

$2,380,360.49 Profit and Loss Account.

repairs to steam- ers, lighters and wharves

...

by port regulations, account for To Amount paid for the poor result of the steamere working during the period under review.

The usual overhaul and repairs To Directors' and have been effected during the Auditors' Foos... a matter it is to obtain this The photograph attached to the year and the steamere are all in Interim Divid honour. It is one that is open cover of the Weekly Telegraph-good working order. The cost of to all combatants, and in the ready to-morrow-will show the the extraordinary repairs to the

finds one

the names ill-fated Emden as she lies on the shell plating and framing of the of able seamen, privates and Cocos Island, battered to pieces steamer Honam has been debited sergeants cheek by jowl with by the gun-fire of H. M. A. S. to the Special Repaira Fand, as those of admirals and generals. Sydney.

provided for at the last general Seeing how difficult an honour

meeting. the Cross is to win, one some- |

list

Official telegrams which we have recently received from Home make it clear that there is much less unemployment in the Old Brigandage in South China. Country than was feared would followin the wake of the war. This

A Thief's Haul.

Factory Fire.

end of $0.50 per share, paid on 14th August, 1914

By Amount brought forward from last By Net Earnings of

Account...

By Income from

Steamers

Investments

By Unclaimed divid- By Transfer Fees

By Amount to be ends cancelled

carried to New Account.

12,329 50

For sometime past German news 12,604.27 papere have been busy sugaring the pill. They have now seen fit to admit that, whilst most other things concerning the war are an certain, one foot mast certainly be faced that it will be a long war. That represents a curious change 59,557.72 of attitude, since, in the earlier weeks of the war, Germans com- 8,800.00 rted themselves with the con- viction that it would not actually laat very long, in any o18s not long enough for that economic 40,000.00 pressure to be brought to bear which, thanks to our Navy, is now $108,357.72 making itself falt. But even this concession, while it to doubt served ita purpose for a time, no 27,827.75 longer meets the case it will

now require radioul revision. 28,000 97

Living on its Capital, 38,586.98

So far as the fiasnoisl question 160.00 is concerned, Germany must by this time be in rather a bad way. 1,111 75 According to translations which appoar in the London press, the Berliner Tageblatt quite two 12,604 27 months ago went so far as to admit that "the German people

$103,357.72 at the moment is, to a certain. extent, living on its capital." Bat after the admission came the ngaring process, the publio 600,000.00 being assured that "we have adequate reserves." Assurances

Depreciation and Insurance Fund,

A second new steel and concrete times wonders that more dia- Madame Gains, of No 6, Dee wharf has been contracted for at tinction does not pertain to the Voux Road Central, hag Canton, and is now nearing com- wearers. It carries with it a complained to the police that pletion. This whart is being persion of about four shillings a some person entered her promises erected on joint account with the week, and, in the case of men by breaking open the door and China Navigation Co., L who aranc t commissioned officers, stole some silk, a gas iron, and a The regrettable death of Mr. one would like to see the amount clock, to the value of $13.70.0. Friesland, of Melchera and increased. In Holland, and we

Co., in March last, created a bilova in one or two other conn-

vacancy on the Beard and Mr. A tries, a graceful custom exists in

At 510 p.m. yesterday a fire Widmann was nominated by the connection with the highest broke out at the Tang Ab Koit Directora is his place. Mr. R. military decoration: those who ting factory, Mongkok, caused by Shewan, of Messrs. Shewan, wear it, no matter what their the over-heating of the engine Tomes and Co, has also been rsak, are onlitled to the salate smoke-stack: The Police er invited to rejoin the Board. Mr. from all.non-wearers.

tinguished the fire before it had E. Goolz resigned on departure obtained a proper hold. The from the Colony and Mr. F. Lieb To Balance damage, which amounts to $50, was nominated by the Directors. is covered by insurance.

Mesars. H. A. Sieba, M. Stager, F. O. Landgraf and A.

$600,000.00 of that oharacter would no doubt fact is no doubt due in part to the needs arising out of the war- The Canton correspondent of the exceptions! output required of clothing, boots, foodstuffs, arms, the North Ohind Daily News, in

Widmann resigned their seats on By Amount at Credit 000,000,00 they can no longer be of any avail steady the people for a time, but At about seven o'clock last the Board and the directora ammunition and the like. But it is surely due also in some measure a recent letter to his paper, gives evening a fire broke out in the nominated Messrs. H. W. Looker to the organisation of labour which has gone on steadily under the un exceedingly fair picture of the house adjoining the Yaumati and Ho Tang to fill the vacancies, regis of the Government. Few realise all that the Board of Trade, conditions which seem to be ob- Police Station. The outbreak. for instance, has been doing to assist British manufacturers to taining in Kwangiang and which was caused by a pot of fat shareholdere at this meeting. capture Cerman trade and thus to care more business for our own Kwangei aa regards brigandage. falling into a charcoal brazier, people and more employment for the workers. It will not be out There is special value in his re-and the ignition of some hemp of place, therefore, to look somewhat closely into the activitise of port because, at times, some baga, was extinguished before any the Board in this direction.

Northern papers tall their read-serious damage was done. By what we can gather from lateat Home advices, one of the ers either that brigandage i first steps taken by the Board of Trade was to set up a series of practically stamped out by th

Veteran Reservist Retires. election. exchange meetings between merchants and manufacturers, and to the keen energica of the His old friends will regret that procure samples of the products of different German industriea, sa officials, or else the other extreme increasing pressure of ship's that the British manufacturer should bɔth see and handle the actual that the whole of the South is business has obliged Capta Mr. W. H. Patte having resigned, Special Repairs Fund, goods "made in Germany" and talk over with those engaged in the in a ferment, and that pirates, Lawingdon, master of the B. the Directors recommend the To Sundry Disburse-193

Fire Near Police Station,*"*"

a

are sure that he will be

Lieb

It is useless to talk about "ade- $800,000.00 quate reserves" to a hungry populace. The starving will need

that.

object to the confirmation of the Equalization of Dividend Fund. omething more sustaining than

of

of 40 cents per To Final Dividend ·

share Ajo 1914.

In accordance with the Articles Association Messra, D. Landale and P. H. Holyoak retire from To Balance the Board by rotation, bat, being MA eligible, offer themselves for re-du

Br Amount During the absence of Mr.

been audited by Mr. F. Maitland. *

W. H. Potts, the accounts have Credit

DAVID LANDALE, Chairman, Hongkong, 28th January, 1915, Balance Sheet, 31st December,

* 1914,

Liabilities.

Amount of Capital, 30.000 Shares of

$15 each fully paid up DJ at Credit of Depreciation and

1,200,000.00

marketing of those goods the possibility of making something rebels and mutineers are, between Taiming, to tender his resignation approximating them in quality and price. Special premises were them, digging China's grave. Our as a member of the Volunteer election of Mr. F. Maitland in his accordingly acquired for the holding of these very practical meet- Shanghai contemporary's state- Reserves. Captain Lewingdon stead, w inga, which were attended by manufacturere, wholesale buyers and ment of what is occurring tallica in was one of the first to enrol him- The retiring Auditors, Meaere. ehippers, and at these gatherings ways and means were devised of every rospect with what our own self, years ago, when Six Matthew A. O'D. Goatdin and T. Maitland, dealing with all manner of trades, from those of toys and serttea-correspondents say and with what Nathan, the then Governor, in offer themselves for re-election. ware to jewellery and haberdashery. We all know what a hold the we are continually learning from angarated the Reserves, and was Germans bad ebt sined in the toy trade, and it in satisfactory to know influential local Chinese and before he came to the Colony, a that in this instance plans were completed which allowed the British from Europeans who are con very active member of the olu manufacturer to enjoy an anprecedentally large share of the business atautly up and down between Singapore Volunteers. Ca bain which arose out of the rest Christmas demand. In the glass and here and the Delta. Brigandage Lewingdon is well known as pottery trade, too, fine work was done, and a subsidiary exhibition certainly is on the decrease, it markoman, and, should his ser- was held at Stoke as a direct result of the meetings in London, and ever to slightly, and many (indeed vices with e rifle ever be required, this exbibition was attended by hundreds of working potters as well most) of the officials are really we na by the leading business men concerned in this particular trade. determined that it shall cease; "there" In this way workere and maniactares were brought together with but, for a heap of reasons, progresse results of a very practical character, so they were both able to see, towarda respectability in woeful at first hand, the goods the/hed to compete with and which they ly slow and, as the N. O. Daily

A WORKLESS HINDU: are now seeking to replace with British produclé

News says, "while some of the We have only mentioned a couple of trades to which attention robber banduare being scattered, A young Hinda was charged has been given, but it should be added that, as a result of the sleit others are forming in different with returning from banishment, meas of the Board of Trade, electrical accessories, textile, stationery parts of the centry." It is, of at the Police Court to day. I and printing trades are also being dealt with along the same lines, course, open to question as to as explained that the defendant to say nothing of less important industrice. All this goes to show whether or no the right type of had surrendered himself last that John Ball is more wide awake than come folk heliave. While officials for handling the matter night because he was without Germany is literally struggling to keep her head above water and has been appointed; and it should money, or work has neither the time nor the money to give to commercial progresa, also not be forgotten that many To Mr. Wood, the defendant England not only continues to plod on in enjoyment of her ordinary of the Chinese merchants regular explained that he was a sesman. trade but is steadily taking for herself that on which the Germantly, if unintentionally, play into He was committed to the Unclaimed Divid-- have hitherto depended for their existence. Thusit will come about the hands of the outlaws by in-House of Detention, the Magie-onda pa that when the war is ended our commercial strength will be far atruoting their employees to offer trate expressing the hope that Sundry Creditors greater than before, while the power and influence of Germany will no opposition to them.

the man would secure work to do. Hongkong Laws correspondingly diminished.

·ments:

To Balanco

1913

32,000.00 218,000,00

Hard Facti

Look at matters how we máy, there can be no getting away $250,000.00 from the fact that Germany is sinking more deeply into the mire $260,000.00 every day. The work in the world's markets of long years of $250,000.00 German industry is gone, the machinery of her economic life is being turned to a purpose for $83,255.46 which it was not made, she is 3,189,25 rapidly consuming her available national capital, her military $36,444.71 strength is decreasing through continued losses on the battle. fields, and her Navy is heavily

By amount at credit... 8 0,444.71 discounted. Yet, in face of facto By amount brought

1914

forward from Pro fit and Loss A-. count for year end- ing 31st December, 1013

30,000.00

$38,444.71

Insurance Fand 800,000.00 Hongkong, 28th January, 1915.

Do at Oredit, of Equalization of Dividend Fund Do. at Credit of In vestment Fluctua tion Account ... Do. ut Credit of Special Repairs

Wand

WE OLARKE,

218,000.00

Seoratory DAVID LANDALEĮ ROBI. SHEWAY Directors.

such as these, her politicians and military writers talk about the nation being prepared to face a long war. Judging from all the portonte, that is precisely what she cannot face: the end is rápid-

approaching.

is properly drawn up so as exhibit a true and correct view of We report that we have audit the state of the Company's fsira 107,911.90 ed the above balance sheet with at31st December, 1914, according the books and vouchers of the to the best of our information and Company in Hongkong and with the explanations given us and ar 3,189.25 the returns from the Company's shown by the books of the Come Agencies. We have also pany. We have obtained all the 2,171.00 verified he

the seonrities reinformation

nations wa 51,389,25 presenting the investments, and have require

in our opinion auch balance sheet. WALOD

FMAT

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