1915-04-10 — Page 10

'COMPANY MEETING.

The Green Island Cement

"Company Limited.

(VERBATIM)

1:

THE HONGKONG TELEGRAPH, SATURDAY, APRIL 10,

being able to find adequate |freight "space. p

The stoppage of the sport of Belgian and German coment has resulted in enquires reaching us from countries where we have

MESSRS SETNA'S REPORT.

Mesare. S. D.-Setar & Co., in

TO-DAY'S ADVERTISEMENTS.

CHINESE GOVERNMENT.

hitherto done very little business, their reporidated April 9, state: 6 PER CENT, I

and we hope the present scarcity of steamers will not prevent na reaping the benefit of the extra demand.

1915.

Art. 8. The repayments of principal and the payments of interest of this Loan shall be made by the Hoad and Branch Offices of the Bank of China and the Bank of Communications, the foreign bank Or banks entrusted in that oapacity by the Government, substantia native banks and the Maritime Custome Houses.

CA Art 9. The Bonds of this can shall be issued at ninety per Art. 10. The Bonds of this Loan shall be Bearer bonds, In case the subscribers request the affixing of their names on them, their requests may be complied with; (2)

INTERNAL LOAN OF 1915. cont. (80%) of the nominal value. PROSPECTUS

from of Benares Now, in all about 5 Subscription List will be opened on the 12th April, 1915 and

cost cheats only Shipment to Shang-

closed on or before the 12th May, 1915, ...

Banks' drawing rate of the day on Shanghal.

been hai and Northern Ports:-25 Subscriptions in places outside. China will be received at the

COVERNMENT OF THE REPUBLIC

OF CHINA.

Bengal opium:-Market raled quiet, no sales are reported in the market. Clearances are reported The ordinary general meeting of

daring the past fortnight of 4 shareholders in the Green Island We are still getting regular cheats of Pains Old, and 1 chest Cement Company, Limited, was supplies of limestone

and -held-at-the-offices of Mesure. She Tonkin,

the. down" here has wap, Tomea and Company this laid morning, the Hon. Mr. D. Landate, greatly reduced by the successful cheats of Paina Now, 5 cheats of " presiding. Those present were working of our steamer which, Patna Old, and 15 cheats of Ba- Hop. Sir Paul Cheter, C. M. G., considering what we save in nares New, in all about 45 cheste. Messre D. W. Craddock and J. W. freight, has proved to be a good Unsold stock:-50 obeats of O. Bonnar (Directore), P. O. Potts, investmeat

| Paina New, 524 chests of Patos N. V. A Urónéhør, T. W. Hornly, The embargo on the export of Old, 105 obests of Benares Now, J. McCubbin, hio Fook, R. Shewan limestone from Kwangtung hus and 114 chests of Banares Old, in CHINESE GOVERNMENT 6 PER CENT. INTERNAL LOAN G. O. Moxon, O. Klinck J. A. apparently been removed, au a all about 802 olieste. Sold but Yonng, M. A. Figueiredo A. A. Cordeiro A. Keating, Lo Uhnung shiu, H. R B. Haroock, J. W. Tayler, P. M. N. da Silva W. E. Van Eps, H. Humphreys, Dr. J. H. Sinders (shareholders) and A. L. Shielde (Secretary).

1

The Chairman As it is past the hour for which the meeting was called, and as there is squaram prosent, I will call upon the secretary to read the notice con- Vening the meeting,

The Secretary read the notice couvening the meeting, and the Chairman said

The report and accounts for 1914 with auditors report having been in your hands for usme days I'will with your permission take them stread..

The balanco at credit of profit and logs account including Vamount carried forward from last

next your's accdunt.

There is no item in the profit nad loss account which abare-

holders may with explained, namely interest nad change $60,119 93

OF 1915,

certain quantity bas actually been uncleared 'stock:-40 cherte of Under the regulations annexed hereto, as authorised by PRESI- delivered but this has been on a Patha Naw,, 39 chests of Patna DENTIAL MANDATE dated the 9th day of the 2nd month of the meagre soals. We hope that with Old, 15 chests of Benras Now, 4th year of the Republic of China corresponding to the same day the forthcoming high water sound 37 chesta of Henares Old, in and mouth of 1915. son our contractors will be able all about 131 chests. Reported bing forward adequate closing prices (per chest) are s ander Patna New $0 325, $0,050, Benares Old $8,950, Patna Old $9,200, Benares New

supplies.

are

13

·

Malwa Opium. :-No salos ara

$24,000,000.00 PEIYANG AND NEW

REPUBLICAN DOLLARS.

:

Repayable in 8 years in six annual instalments commencing with the third year in accordance with the amounts and dates of the

#..... amortisation table attached,

SUBSCRIPTION PRICE 90 PER CENT,

The Hongkong and Shanghai Banking Corporation, The Bank of China,

The Bank of Communications,

having been designated by the Chinese Government to be issuing Banks are now propared to receive subscriptions for the loan.

The price of subscriptions is 90 per cent, payable as follows: 10 per cent. on application. 30 por cent, on allotment.

30 per cont. on 28th June, 1915. Applications must be made on the form to be obtained from the above Bank, and accompanied by the deposit of $10. per cent.

If no allotment is made the deposit paid on 'application will be returned in full, and if only a portion of the amount applied for be payment of the amount duo on Allotment. allotted, the balance of the deposit will be appropriated towards

Art. 11. The Bonds of this Loan shall be of the following Ave denominations :--

1. $10,000 cash

2.

1.000

3. 100 .:10

5.

Art. 12. The above Bonds when they are due for the repay- ment of principal and their matured coupons can be used as cash in payment of Government Taxes and duties, other than Maritime Customs duties and for other purposes as, ready 'cash,

Art. 13. The above Bonds oan be used ae guaranty fund.or the fiduciary reserve of banks.

Art. 14. The above Bonds can be bought, sold, mortgaged or public service... used as security in case where a guaranty fund is required in the

12.

actions of the above Bonds, who by any notion injure the credit of Art. 15. All officials and other persons concerned in the trans the same, shall be liable to punishment in accordance with the regulations relating to the injury inflicted upon the credit of Inter- nal Loan

Art. 16. Fifteen days prior to the date of repayment of principal" or payment of interest of this Loan, the Ministry of Finance stall petition the President to appoint two Censors and two Auditors, of the Board or Audit, who shall proceed to the Bureau of Domestic

CHINESE GOVERNMENT 6 PER CENT. INTERNAL LOAN OF 1915,

SCHEDULE OF INTEREST AND AMORȚISATION.

Repayments of Capital,

Yuar.

Interest.

1.440,000

2.

*1,440,000

13.

1,440,000

3,450,000

1,232,100

$3,667,000

1,012,380

3,687,000

779,160

4,120,000

531960.

4,368,000

269,880

4,498,000

THE WRECK OF

A ZEPPELIN,

Attempted Concealment by the Crew.

correspondent at Copenhagen re- M. W. M. Duckworth, spesial

porta in the Daily News of Fob ruary 19 :—

It is reported from Eabjerg

some miles along the Danish this afternoon that another Zep- pelin was wrecked this morning coast. Eleven men were seen

Balance of Loan.

outstanding.

24,000,000

24,000,000

20,540,000

-16,873,000

12,986,000

8,866,000

4,498,000

Hil,

CHURCH SERVICES.

St. John's Cathedral, Hongkong -- 11th April, 1st Sunday, after Easter 1915, Holy Communion (8.5 a.m.) Hymns: 135, 197, 537, 558, 551. Service Merbecke, Mat.ns (11a.m.) Responses: Festal. Psalms: Turie, Mac- farren, Turle. Te Deum: Wood- Ward, Sinart, Turle. Benedic- tus: Garrett. Hymns : 540, 131. Evensong (5.45 m.p.) Respon- Bes: Festal. Psalms: Barnbyj ficat: Turle (2nd evening). Aylward, Goodenough. Magni- Nuno Dimitta: Wesley, An- them: "Since by man," Handel.

deavours to get payment of our We regret that so far all en claim for compensation for the losses sustained brough the reported in the market, Clearancia subscription in China, Straits Settlements, Philippines, Java, etc., inspect the accounts and the fund for the repayment of principal and The above loan of $24,000,000 is now offered to the Public for Loans, the Bank of China and the Bank of Communications to in- stopping our supplies of lime 13 chests. action of "the Canton officials in during the past fortnight of about bonds to bearer of $10,000, $1,000, $100 $10, $5 (with coupons at payments of interest of this Loan, The Censors the Auditors of Unsold stock is tached), bearing interest at the rate of 6 per cent, per annum; in- the Board of the Audit and the authorities of the Ministry of stone, bave proved fruitless.

estimated at about 6563 chests. terest payable half-yourly on the 13th October and 12th April in Finance ehall also jointly superintend the drawing of bonds for The matter has been kept eba- Sold but Uncleared Stock, about each year. The first coupon for a full 6 months interest will be redemption.. cinually before His Majesty's 39 chosts. Reported closing qabt payable on the 12th October, 1915 Consul General in Canton and the atinas (por pical) are as under. - been referred to His Majesty's Hongkong Government, and has Malwa 50,100 to $9.200, Minister at Pesing and the about 240 packages at $28 (per commencing 15th February 1918 and the drawn bonds will be due

Cotton-Sales are reported of

Drawings will take place on the 15th February in each year Secretary of State for the picul). Unsold stock is estimated for payment on the 18th April following... the claim until some compensa-ed Closing quotations.$26 to imposts. Colonias, and we intend to press at about 2,000 package. Report. Bond's and coupons are exempt from all Chinese taxes and tion is obtained. It appears $30 (per picul). incredible, and I personally refdse year after allowing for de precit to believe, that British interests, fortnight market showed signa Indian Yarn,:-During the sion as per Articles of Association, and one of this colony's leading of improvement and owing to 10 per cent, on a.. Uhingchow, fronation to the Prince of Wales industries, can be harrassed with reported advance in raw material Fund etc, is $315,716.27 which puts, and without redress in India and firmness of holddra We'recommend should be dealt being obtainable from the parties prices show an advanos of about

responsible. with · ឆន follows:To the

$1 to. 3 (por bale) in almost all may say that we have all the selected threads. Sales. writing off Deep Wator Bay along emphasised the foot that we daring the past fortnight are buildingsand machinery, $10,000 have no

wish To paying a dividend of 50 cents the Chinese, Government by comprising abut 100 bales of No. to embarrass reported of about 5,400 bales per share, $200,000, tenzing 2 insisting on balance of $105,716 27 to be ment. We

a cash pay-08, 3,350 bales of No. 10, 800 carried forward to the credit of consider any form of settlement 165 and 950 bales of No. 20, propared to bales of No. 12. 200 balos of No.

Failure to pay any of the instalments at due dates will render by which we on recoup ourselves Unsold and uncleared stock is for the very serious loss sustained. estimated at about 64,000 bales.

all previous payments liable to forfeiture. There is a regrettable loss on Japanese yarn: Sales are re-issued against allotment letters; and bonds, printed in Chinese and Sorin certificates to bearer in respect of the loan bonds will be working at Deep Water Bay of ported of about 1.200 bales of No English, signed and sealed by the Minister of Finance and the $2,919 54, which, however, was 20 at $110/117 per bale. less anavoidable owing to the in- Sandry Articles:-Market ruled delivered in exchange for Scrip Certificates, when ready, as soon as Comptroller-General of the Bureau of National Loans will be Dossible loss in exchange on orenaod cost of fuel and decreased steady. In importe sales are re- possible after the 28th day of the 6th month (28th June) 1915, Yen axed deposit $20,000-a-valoa

during the inza credit balance of $40,149.03

second ported in apricot: at $15 to 16 Prospectuses and Forms of Application may be obtained from part of the year: in the 1914 accounts.

For several (per picul), borar at $25 (per uny of the Offices of the Hongkong & Shanghai Banking Corpora In March, 1914, we transferred and charges reduced to

months the factory was stopped picul), kismis a $17 to 20 (per

tion, The Bank of China and the Bank of Communications.

Peking, 9th April, 1915, the equivalent of Yen 345,000 to minimum, but in view of a better piou), patchack at $120 (per apion), Myrambollains at $85 por Yokohama and plazed iron fixed demand we are now running pica), fish maws, &e at $75 to 'deposit for twelve nonths at five

again.

320 (per pical), gum clibaum et per cent, interest, and in Decem

We have been obliged to in- $10 to 14 (per pical), and Bezobr ber, 1914, we settled exchange for crease car prices and hope our stone at 1220 (per catty. In ex- adjusting the old debts and increasing the funds of the Nations Art. 1. The Government issue this loan for the purpose of the return of the money when the local customers will give us full ports purchases are reported in Treasury. The authorised amount of this loan shall be twenty deposit ran out at a rate which support is view of the convenience green beans at $42 (per pion!), four million dollars (624,000,000.00) gave pe's profit of $33,700 61, of having an industry of the kind cardamun, seeds at $30 per

Art. 2. The rate of interest of this Loan shall be six por cont! In view of the better interest culty in producing reliable goods picul), galangal at $9 (per picul), the 12th day of April and the 12th day of October of each year.

ia the Colony. We have no diffi- pioul), cassis at $11 to 111 (per per annum (6 per cent) obtainable in Japao, and the at a fair price but there is diffi munsal at $13 (per pical), sugar-

Art. 3. The interest of this Loan shall be paid half-yearly on money not being immediately re-culty in securing large enough candy at 817 (per pical), zedoary of this Loan, only the interest thereon shall be paid: commencing munication with the authorities Art. 4. Daring the first two years following the date of issue morning. I have been in com- quired, the deposit was subse- markets to keep our plant working at $18 (per pioul), preserves at from the third year, the amount of redemption to be made each of Weet Jutland. The men were quently renewed for another year at an enconomical oatpat. and exchange fixed for reconval-

$43 to 6 (par box of 6 jare), and year in accordance with the schedule of payment to be hereto observed by the Danish coat As the result of the cam vermillion at $122 (per case). sion into yep in March, 1915,

attached, shall be effected by the drawing of bonds and the entire guard 20 miles north of Esbjerg petition of the Canton cement By the

amount of this loan shall be redeemed in the eighth year. The at the remote fing hamlet of and "of the works we have been obliged

about-mentioned drawing of bonds shall take place at Peking, on Boeremose, ou the long stretch of financial year exchange had to 'reduce our advanced and

local part of last selling price but as we

the 15th day of February of pach year. Chinese Church Synod.

Art. 5. The Ministry of Finance shall raise the full amount of sand dunes,. A coastguard first year's profis was thereby maintain the present low rates panied by the Archdeacon of which is the amount of interest on this Loan for one year and sha1 scope, and seeing their condition The Bishop of Victoria, accom. one million four hundred and forty thousand dollars ($1,440,000) observed them through his tele offset, so it was decided to debit indefinitely we have no reason 1914 account with a substantial to fear the ultimate result of the Hongkong, the Rev. C. L. Blan- hand it over to the Inspector-General of Customs to be deposited he ran to meet them. They were provision for any further, rise, struggle,

chett and several Chinese del by him in his came in the Bank of China and the Bank of Com- German naval men, with two namely $20,000-although the On the whole I think I may the P. and Omail Malta in order the interest. Bosides this sum, the Ministry of Finance shall like-

egales, bas gone to Shanghai by munications, to be permanently deposited there as a guaranty for officere. actual difference as that time was say that the profite for the work to attend the Triennial Synod of thousand dollars ($120,030) and shall hand it over to the Inspector that they had been saved from a The coast guard Interrogated only $9,800-

wise appropriate every month a sain of one hundred and twenty them in Garloan. They claimed If reconverted into Hongkong are

ing of the company for this year the Chong Was Shung Kang General of Customs to be by him deposited in Loan Service Accounts sunken chip, but I have been in

ergouraging. currency at tu-day's rate the adoption of the report and a commences on Wednesday nek!.'

After the Hai (Chinese Church) which in the above two banks for the payment of interest on due datos. transaction would show a deficit counts has been proposed and The Bishop expects to be away ment of principa; of this Loan, shall be appropriated and deposited who state that they were wearing for 1915 of $20,12021, or just seconded, I shall be happy to

Art. 6. Beginning from the third year, the funds for the repay. communication with other people, about the amount we have paaswer, to the beat of my ability,

about a fortnight.

In the same manner as stated in Article 5. vided for, but as the deposit will any questions which shareholders

Art. 7. This satire Loan is secured, in respect to the repayments. It is believed that they are really the uniforms of Zeppelin sirmen. not require to be dealt with ndtil may wish to ask. I now propose

The Chairman:The re-eler- of principal and payments of interest by the unconditional guaran- the survivors of the second Zep- March, 1916, it is to be hoped that the report and accounts setion of Sir Paul Chatel and myself pledged revenues of the Native Customs of the Republic, specified storm and

tee of the Chinese Government and by a first charge on the un pelin caught in yesterday's snow- that another favourable opporpresented ba passed.

as directora has been proposed by below, and the Revenue from Likin of the whole Province of Shanel.exectly known how the men mon- lost at ses. It is not tunity of buying Hongkong dol- Mr. R. She was Mr. Chair Mr. Potts and seconded by Mr. The amount of the above-mentioned revenues is as follows lars will arrive before that time.

Daring the period aaderrerie, seconding the motion.

man, I have much pleasure in Ho Fook. Those in favour please (s) The Yang Yiu (th) Native Customs of Kinng Bu, aged (osave themselves, but if Zep-

signify:Those against? Carried yearly receipts... our sales increased considerably Thechairman: The report and unanimously. The next business (b)

$470,000 peliners they must have drifted]

asbore on the floating wreckage for from the prohibited wa then those ruling in 1913 our and seconded are before the meet the re-slaction of Megara A. and although prices were lower accounts having been proposed is the re-election of auditors.

So far I am unable to verify recently proclaimed by Von Publ Mr. Hornby I beg to propose lower cost of production enableding for discussion. Noshareholder

the survivors story that they 10 foreign fisting hosts and o31st- 360,000 came from a ship. They admit ng craft, da so arrive at the improved re- having any question to sek, I will O'D Gurdin Bad T. Mait salts shown in the statement of now pat the motion before the

exclusive of interest.

"Bccount, "..

CBD

landas antifora

RECULATIONS OF THE DOMESTIC LOAN OF THE FOURTH YEAR OF THE REPUBLIC OF CHINA.

"

!

The Native Customs in Amoy, Min-an (). Chu-obi (1) Hung Tang () Chung An (). Fa Chung (箱城), Kuang Tee (光耀), Shang Hapg (土杭),Peiling) (LU), yearly receipts

The Native Oustoms in Wenchow (a), Esua Chow

(3), total annual recoípis

for the (a) The Nativo Customs in Hai Nan (i) and Swatow

receipts

at remuneration.

metting. It has been proposed by ensuing andred dollars each.

to be the survivors of another ing object, and they are believed to wade ashore from a small float-Hymas: 504, 138. Voluntary

Zeppelin, which was caught in Yesterday's snowstorm.

Acertain amount of mystery eo- shrouds the eleven survivors who were scen wading ashore this

Offertoire on Hymn 130, Bat- iste. N.B.-Psalm 59, verses 1,2, 7, 8, 12, 17 in unison. Psalm 62, vordes 6, 11, in uni- 1 son. Psalm 61, verses 3, 8, in unisoo. N.B. Organ Recital to-morrow (Monday), at 5.30 p.m.

Union Church, Kennedy Road-

6p.m. Hymns 599, 332, 172, 296. Morning 11 a.m. Hymns, 368,

Francher: Rev. J. Kirk, Macon- 585,229. Paraphrase63. Evening

achie, Morning Subject, The Superman and The Christ...

St. Andrew's Church, Kowloon — 1st Sunday after Easter 11th

April, 1915, Holy Communion

at 11 am., Matins 11 Bith.. Responses, Festal. Verite Barnby 21st Day. Pealmis Asset. Jubilate Hayes. Hymns Te Deum St. Jude. 15 (2nd time

558,541 Kyrie

Varlly

Roberts. National Anthem. Evening 6

pm. Hymns 375 (Tune 540 A & M.) Responses, Festul 10th Eveping. Nunc Dimittle, Psalms Turle, Purcell, y ward, Turle. Magnifont, Goss Wickes, 10th Evening. Hymine, 276, 319, 25, National Anthem

Chul) total annital rec in Ching Chow (), Wu 50,000 of the Garains, and placed tem interviowed forthe

The outbreak of war caused a myself and seconded by Mr, temporary dislocation, but en: Shewan that the report and

Mr. Klinck "beg to second Chang (AB), Han Yang (); total annual receipts quiries are now normal again, and accounts as presented be prosed.

that the excellent shipping facilities Those in favour please signify in The Chairman: The re-alec, Pao Ching () Túng Kuan (2); total (f The Native Customs in Klang Si (), Chen Chow which, we enjoy in Hongkong the usual way? Those against ?tion of Mestre, A. O'D Gourdin annual receipis have enabled us to supply markets Carried on mimously. Which our less favourably silu The next business is the ye of $300 each has been proposed

and F. Maitland as auditore for (g) The Native, Customs in Kuei Kwan (N), Cheng Tu the ensuing year at a remuneration ated competitors have found election of the director, dificulty in catering for.

by Mr. Hornby and toonded by Bat tonnage is now getting propose the re-slection de dir My Klinck Those in favour? career and freight rates have been ectors of the Hon. Sir dip. Those against? Carried unan advanced in Rome directions and Chater and the Hon, Mr

viewfor a trisk demand for ce- Landalesa

Mr. F. C. Potia:-I beg

mously. That is all the businešt gentlenteng thank gyon för mont

thent le prospects of a good Mr. Ho BookI beg to second attendance. Dividend warranth

are mainly dependent on that

are now ready.

(Map). Ning Yuan (1), Yung Ning (KE), Yeh Chow (E), Kuang Yuan (), Ta Chien The Native Customs of Tai Ping Kuan (5) total annual receipte

- Lu ({Táž)); total annual receipts an

The Native Customs in Kalgan (RB)

Total Likin revenue in Shan Chl yearly receipt

Total

tos that

that they lost four or five com further comunication 232,000 tades, which would be a Zeppeli Esbjerg supports the complementa a cond Zeppelin his The coastguard formally arrest The coastguard, Mada 700,000 in the little coastguard station, the German survivora

The Jutland inhabitants say they belonged to h that's second Zeppelin, was seen some miles oraising in the North Sea at or of the crew has a bről o'clock laat 'evento. It then The ubwo diskppébreu în the snowatori, reached Berlin

The survivors were in such an Pounded, as another. usted condition, that they Almiral Von Pobl's

And half-dbred, by too Khier has left for holl naked. It was haven to make no in that they had upon at the Grand Fleet witDUST.

Prace Hour acons of the affair in nat ng Admiral Von Tirpla

One

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