1919-04-16 — Page 10

18

NOTICE.

THEATRE

AT 9.15 P.M.

TO-MORROW

APRIL ITTH

ROYAL

NIGHT

FAREWELL CONCERT

BY THE

· REMARKABLE BROTHERS LEO, JAN & MISCAEL

CHERNIAVSKY

VIOLINIST, PIANIST & 'CELLIST.

PROGRAMME : ·

2. Violoncello Solos-

1. Tema con Variazioni

(a) Cantabile

1.

() Vito...

(c) Papillon

3. Pianoforte Bolos-

From Trio Tschaikowski,

(a) Toccato and Fugue in D Miaɔr

(b) Preinde

(c) Military March

4. Violin Concerto, No. 4, Op. 31

5. Trice-

(a) Russian Romance

(5) At the Stream

PRICES:

C. Gui.

Popper. Popper.

Bach-Tausig. Porter.

Schubert-Tausig

Vieurtemps.

***

Glinka. Boisdeffre.

$3.00, $9.00 & $1.00.

RESERVE YOUR SEATS NOW AT MOUTRIES.

UNION INSURANCE SOCIETY OF CANTON, LIMITED.

NOTICE IS HEREBY GIVEN that so Extraordinary General Meeting Society will be held at the registered office of the Society, Queen's Balding, Honghong, on Friday, the 25th day of April, 1919, at 12 o'clock noua, who the subjoined rmointions which wars passed as the Extraordinary General Meting of the Society held on the 10th day of April, 1919, will be submitted É comummation as special resolutions

The

1. That nominal silver capital of the Society existing when £tis resolution is confirmed sa a special resolusión be converted inte starling and that such capital to converted be increased beyond thearling equivalent of such silver capital when such conversion takes place to the sum of £2,000,000 Sterling divided into 200,000 shares of the nominal value of £10 each

That each of the issued silver share of the Boeisty of the nominal value of $250 sach with the sum of $200 paid up there an be converted into five shares of the nominal value of 230 sach with the sterling equivalent of $20 Hongkong currency at the open- ing T.Iste of archangs on the date this resolution is confirmed me a special resolation credited as paid up thereon and acordingly *that 80,000 shares out of 200,000 shares of the nominal valge of £10 ach coastitating the capital of the Society converted and increased distributed by the Board to the persona who are registered sa shareholders of the Society on the date this maulation is confirmed as a special resolution in exchange for the silver sharm then held by them.

That the Articles of Association be altered in manner following, namely:-

By the insertion after Article No. 107 of the following Article.

such

| EMPLOYMENT OF ZIKIETE TUNDE.

*107 (a) The Board may employ the fands of the Society which have been established partsant to the provisions of Articis 107 es any of them or any portion thereof (and that whether such funds is proposed to be dealt with were set aside for **ach portion she special purpose to which they are proposed to be applied or for Any other purpose or not) in or for all or any of the following purposes, that is to y, in meeting contingencies, in equalizing dividends, in paying special dividends or bonuses. En repairing, improving and maintaining any of the property of the Society, of olherwise in the business of the Society, and in or for such sther purposes as the Board shall in its discretion think conducive to the interests of the Society and in regard to say, soch employ. ment as aforesaid the Board shall not be bound to keep the reserts Izoda separate from the other asseta.”

By the insertion of the following Articles after Article No. 108.

SET OFF AGAINST CALL.

BONUS MAT

**206 (1) "Any general meeting at which dividend or bone is declared or sanctioned may make a call on the members of such amant as the meeting fixes bat so that the call on each member shall not exceed the dividand or bonus payable to him and so that notwithstanding the provisions of Articles 19, 20 and 21 the call may be payable at the same time as the dividend or bonas and the dividend or bonus may, if ao arranged betreen the Society and the member, be set off against the call. The making of a cail ander this Article shall be deemed ordinary taxions of an ordinary general meeting which deciare a dividend.

12). After any, resolution has been passed under the provisions of paragraph (1) of this Article the Board may arrange on behalf of the Society for the dividend or bags to be set off against the call by authorizing any person on behalf of the members from whom such call is due to enter into Agreement with the Society providing for such dividend or bonus to be set off against ach call and say Agreement made ander such authority shall be

Lactive.

(3). It shall be no objection to any resolution made under paragraph [1] of this article or to any call or arrangement that such resolution was passed or such call or arrangement was made as the meeting at which the resolution introducing this Article and Article 107 (6) was confrmed as a special resolution provided that due notice of the intention to propose such first mentioned resolation and te declare mach dividend or baum and to make such call shall have been given prior to the Confirmatory meeting aforesaid. BAER OF EXCHANGE FOR DIVIDENDS PATABLE IN HONGKONG. 108 (b). Dividends may be paid in Hongkong Currency at such rate

Lancticing the General Meeting exchange

o!

the

same or, in the case of interim'dividenda, as the Board may deter And the bjoined resolations will be proposed as Extraordinary resold.

*DIYMI

1. That the difference between the sterling equivalent at to-day's opening T.T. rate of exchange of $20 Hongkong currency and the sum of £4 be called up upon each of the 80,000 shares of the Society of the nominal valas of £10 each into which the silver shares of the. Bociety have been converted,

2 That a bonus dividend equal in amount to such difference sa is referred to in Resolution No. 1 be and the same is hereby declared ook of the Reinsurance Fund of the Society, such bontă dividend being payable to the persons who are registered as the shareholders of the Society on the date this resolution is passed and that such dividend in the case of each of such persons be set off against the amount due from him for calls under Resolution No. 1 and be retained by the Bociety accordingly and that the Board be anthoris ed to make the necessary entries in the books of the Society, That 16,000 shares of the capital of the Society is issued addition. 1 and that tao sam of £4 be called up thereco and that shares be offered in the first instance at a premium of £21 par share to the persons who are registered as the shareholders of the Socisty on the date this resolution is passed in the proportion of one additional share for each silver sbaze previously held and upon the footing that the sum of £4 called up plza the £21 (making together £25 per share) shall be paid to the Society on acceptance of the offer, and that such offer be made by notica specifying the number of shares to which such persons are entitled and limiting the time within which the offer if not sccepted by payment will be deemed to be declined to the 23rd May, 1919, and that the Board be empowered to dispose of the shares not taken up in response to auch fler they omsider axpedient in the intereste of the Society.

ally to the 80,000 abares referred to in Reaclution dition

4

That the 16,000 additional shares referred to in Resolation No. 5 participate in all dividends declared after the next Annual Gen- oral Mesting of the Bosisty, pro rata 'with the Ɖ0,000 sharm refere- ad to in Rewolution No. 1"

the 11th, day of.

By Order of the Board,

C. MONTAGUE 201

Chanical Msz

THE HONGKONG TELEGRAPH, WEDNESDAY, APRIL 16, 1919.

COMMERCIAL NEWS.

JAPANESE DOLLS AND TOYS.

Mr. Yada, the Japanese Consul- General in New York, warns Japanese toy manufacturers doing business with the United States to the following effect - Before the war dolls made in Japan were exported to the United States to the amount of only 16 per cent. of the total imports of dolls, but last year the figure was 90 per cent. of the total As to the other toys the same may be said, over 80 per cent, being the total achieved last year as against 6 per cent, in pre-war times. Thus at present Japan is apparently monopolising the American toy market But this is not, by any means, because the Japanese toys equal or are superior to other countries' produce, but because the war has kept the German

at toys

bay and Ameri- cans have been making shift with Japanese toys. Upon investiga- tions into complaints regarding Japanese toys the following defects may be enumerated: (1) Dolls in foreign style are too breakable. (9) Rubber balis quickly lose their elasticity. (3) Toys made of tin are 100

articles frail. (4) Fancy

of wood are,

excepting Hakone saiku, too brittle: especially is this the case with goods made in Osaka, Shizuoka, and Nagoya. (5) Comparatively popular things are national flags: celluloid man- ufactures, toys made of paulonia shavings, toys made of hosho (thick Japanese paper), and Hakone Saiku. The toy and doll manufacturing industry in the United States before the war was in an infantile stage, the output in 1914 amounting to only $13,757,000, but the war

the stimulated

industry to such a degree that the total for 1917 is put at $25,000,000 in round numbers (exact figures being not yet available). It is expected that the industry will make remarkable progress in the United States, while fierce com- petition will occur between Japan and Germany "when peace is completely restored. In these circumstances the Japanese manufacturers of toys should

make

preparations for this competition in advance,

MANCHESTER GOODS. Messrs. Robert Barbour and Bro. Ltd.. io their monthly Feb. 28. market report dated write-Granted that one swallow doesn't make a summer, it is less true that the none the stimulus afforded by consider- able purchases for Chino has bean reflected in the improved general tone of the whole roarket. If such improvement can but expand, if the feeling that we hare really plumbed the bottom can but become a settled conviction, then there will be real grounds for hope that the end is in sight of many weary months of utter stagnation. The Japanese raid on Manchester is not being taken too seriously, though it affords additional evidence of the direction in which Lancashire will have to look in future for its keenest competitor.

were

HANKOW MONEY MARKET. The Hankow British Chamber: of Commerce circular for April 2 offering states:-Bills fairly freely during the week and there was also some inter-bank business. The supply of paper fëll off to a great extent about the 1st and 2nd April and the market closed with до bill offering, and very little business passing. T.T. Taels on Shanghai. remained steady at 96.9, Chinese market, closing at 96.925 The dollar rate rose to 70.25 buyers,

THE OUTLOOK POR SILVER.

EARLIER TELEGRAMS.

RESOURCES OF BRITISH EMPIRE.

London, April a

Lord Leverbalme, addressing the Colonial Institute, said that had Britain consented to return the German colonies abe would have been party to the greatest crime against her own kinsmen in the Dominions. She would have sacri fced the welfare of the natives in those colonies and would bare dismembered the Empire. He emphasized that the Empire was built up not by Governments or the Colenial Office but by individuals. He said the eighteenth century method of colonization was to kill the backward native faces. There was danger to-day, of rushing to the other extreme of maudlin sentimentality and conceding to the natives rights to land that wonki not be recognised for a moment if claimed by a British Duko in relation to his broad acres

The necessities of mankind required the `fullest use of land for the benalt of sil. The way had been prepared for breaking up large estates in Britain and the opportunity to cultivate lands overseas must be granted equally as fully as to the acres of any Duke in Britain. the highest interests of the natives could only be achieved by opening up their lands to British colonista.

Sir G. Strickland, ex-Governor of New South Wales, said Britain's war indebtedness could be met if her tropical possessions were properly used Kesopotamis, properly administered, could alone pay the cost of the war.

THE PARIS GATHERINGS,

Paris, April 12′′ ..

In the French Chamber yesterday about 300 deputies signed a manifesto desiring to afrin close union between the Seaste and Chamber with a view to strengthening the hands of the French representatives at the Peace Confer ence in their just demands."

French has been proposed as the official language of the League of Nations. The League Commission has decid- ed it is not competent to decide this question which must be settled by the Peace Conference.

By twelve votes to six the League of Nations chose Geneva as the seat of the League. Brassels, proposed by 3. Hymans, the Belgian Minister of Foreign Affairs, obtain- ed the votes of France, China, Portugal and Czecho Slova kia.

The question of the Sarre scalfeld has been almost en tirely settled to the satisfaction of France which will enjoy "definite property" in the coalfeld.

Mr. Massey, Prime Minister and delegate at the Peace Conference for New Zealand, at a meeting in Paris express- ed the hope that the British and French would be allies

for all time.

At the Red Cross delegates' meeting at Bannes, D S. Lee, Chinese delegate, hoped that the Red Cross movement would take steps to prevent alcoholism taking foot in China, especially now that America and various sections of the British Empire have gone dry-Havas

THE UNREST IN GERMANY,

Berlin, April 11. Despite the concession of a seven hour day the coal atrike in the Buhr region continues and excitment at Essen is growing Government soldiers venturing into the streets singly are assaulted by the strikers. "Vorwaerts" states that a Soviet Repablic was to have been proclaimed in the Rahr district yesterday but was frustrated by the Govern- ment" occupation of Essen. Seventeen members of the Workers' Comcil at. Maelheim Ruhr, who voted for an immediate proclamation of the Soviet Republic, were arrest- ed for high treason.

A message from Munich states that the Council elected by the revolutionary workers and soldiers has declared itself the sole authority and 'amanded the immediate abdica tion of the Central Council At a mass meeting of Com- manists it was announced that the White Guard ander Harr Schneppenhorst, already at Ingolstadt, was about to enter Munich and overthrow the Soviet Governmentt.

THE RUSSIAN OUTLOOK.

London, April 11.

Beater learns that the Allies evacuated twenty-five thou sand refugees before leaving Odessa. The Russian volunteer army is retiring in disorder before the Bolshevist advance in the Crimes The French, who are reinforced, have been ordered to hold Sebastopol

AN ALLIED SUCCESS.

London, April 13

A British North Russia official message says: General Maynard successfully attacked Uposozero on the 11th. inst., killing fity and prisonering thirty-five.

ап

com-

Sole Agents :

THE

CONNAUGHT

MOTOR CAR

COMPANY,

ff

Studebaker

Tel. No. 1913.

28, Des Voeux Rd.

Central.

GP.O. Box 444.

A Car which has won for itself a world wide reputation for permanency of Service, Power, Design, Comfort, Workmanship & Economy.

A High Class Latest Modelled Car At a price within the reach of all.

A Consignment of Studebakers has just been landed.

Inspection and Enquiries are cordially Solicited.

VICTORIA THEATRE

April 16th.

BRYANT WASHBURN

in

THE GHOST OF THE RANCHO "

A PATHE PLAY

Lots of Action,

Lots of Pep.

A delightful play that simply adds more proof to the old adage: "You can't keep

a good man down."

HOTEL LISTS.

Aba'dis J Blart

HONGKONG HOTEL

Adama E W Adcock Capt J Abraham E S

Hirota T Izrae Capt & WR Joseph & M

Austin L. C

Joblin M L M Anderson Mr & Mrs Jahlia Mr & Mrs K

Johnson E E Jondasun Misa M

EG

Bergeron R E

Binney Mr & Mrs & Ketal B H Van Banbury Fay ComdrKidd UT Kay B C Braakspear OT Blackburn His ED Kirby AM

Liddell Capt Black Kaster

Ba'itor MI EE

Burss N

Browell WG

Liddell Mr

CARLTON HOTEL

11

Var hook Yesk Mr & M♫ -

|Beckeringh Mr & MrsMorzům Mr & Mrs-

Brooks

Basto

T

Plackami R BOGLIAR P Cameron Canteran F Consored Engin. Cameron Mrs PE.

Coz

Carto Mice

DOPSISIYLV

Dezza

Jarorer Diarer PL Dilg'ch H

E born Mr & Mrs

Egoralenco Edgin

Fara Cool J

Fray J Gardon W

Hoy escamp

Lindray G F

Luming Mr & Mr

B Horby W

Banchot Kr & Mrs Leiria Madam

Bingham Mix Brown CF Brathwaite E Bes PH

Balker Castl Boyce W. Sterla

Baddeley J

Bud A Ř

Brown E E

Ludia G

Le Min H

Lwyfeld A Legge Capt WO Laitien Kr&Mr

Livingston Flag Li

FER

Ba to Dr & Vra Mahon EJ

ME

MacIntyre Master Baros Mr & Mrs T MacKoán Dr G W

Kala E

s

Biash m Mr & Mrs Mattos Madame de

JE

Mattos Mi's de Branch Capt & Krv Malta! Mr & Mrs M

B

Malai Master

Back Wsjær & Mrs Mason MILY

ODE

MeBouvar Mn L Chorniaviky Leo Monceal D A ChemLv.ky Jaz Maynisk Capt T K Che invaky WickelMacintyre Mz dr Clark Mr & Mrs JD

eron RY Cox W

Clarion & A

Carvalho D: A

MTN

Melanes Mr & Mr

TRE

My Mr & Mrs

DB

Hesson Mr & Men

Cold Me & Mra“Nicolson J8 Cowan C

Hacarr &

Molino M & MzI3 Martia

Mooklandloss Mr &

MIS

Morrell O Kanton E Neordeabes K Kagis

Par chen

Powe

OX

Rester LJ

Recalin. Cort Ranee C Robertron J

Robb Ressonar LJ

Smaller L de Badasma

Shipman Kn Sonra O

Sch ar Mr & Mrs Stephane Me & Kra

Turn Kian Thyson B

Hamilton Mr FE Toccbur Holland Mr & Mrs. TanlayaTM R

Torgarleik Bill W

Heznemey

Krog Kayano Kelly H

- Verandan Mr & Mrs

Veshoot

K-ning Mr & Mrs King Lengandim Wiss Lancolm U Bogika J

"

Atwall R &

Vanbrekan

Woo'ff Mr & Mrn Wilson Mr & Mrs Walling Mr & Mrs Monet & E Waist J T

PEAK HOTEL,

Lanostar 3 fa B

Kerr B Armstrong Capt W Litt's Mr Hrv Pay on GW Bird C 8 Brats EJ

Hat'er Capt Ta

Maw OE

Matharen Mr & Mr

HA

Bunda Rev BAC7Miller J Maisy Blate Mr & Mrs DK Nisawenhuyas Y A Carter A J

Park L

Czebrane Mr & Mrs Pekine TL "Oʻst Lt Col & G Soomes EJ

Palom Lt Col & May Thanby

Crockett Mr & Mrs Wam E A

Cormack Mrs

B'co Mrs Chandler E G

Dobel Mrs J8 Roberts WT Cumming & Oldenburger Capt A Doneau He& MinJ Roma 73 de rowan Cept PH Ope T Cameron Mr & Mrs Pawls FnOR

8

WE

EA

Van

Eles Mia

2

Mr8

as fore, propose to increase their and 70.45 sellers, Chinese market, trade will be done as soon

free, and share capital to £6,000,000. The owing to Government require the markets are

Paralow Capt P R. may public will be invited to subscribe high prices ments for the payment of troops, while and closed firm. Interest:-12% stimulate production, this will not £1,000,000 of 6 per cent. Car Mr&Mr Rupert &

Richarda & F First Preference Carralho Mr & Mrs Bay H Changsha Exchange -26. be sufficient to hold the market Cumulative

Basy WierTM down for a long time to come.shares, and also £700,000 of 51% Taking it that this year will see per cent. First Mortgage De Cumming Dr & Mrs Base!BC.

EL

Rowal J G (part of stock In the Metal World is a timely the end of Government control, benture

Regenbogea Mist Dopean W article on "The Outlook for we shall expect to see the 60d. authorised issue of £2,000,000), Da

Rost Wr Silver." Having summarised mark reached on the London on favourable terms. Proceeds Donte Um3 A

Foth T B Balers A WP- some of the causes that led up to market, although it must not be of these issues will be devoted to Davis Mrs FE

Skinner Mim HP the present artificial condition of forgotten that the war has been improvements" and extensions. Dur

Stoneham HF things, the writer says: At the largely responsible for a good Debenhams having a unique car&ra Sparke Krs WH present time there is undoubtedly deal of the inflation in silver, as organisation for dealing with Emalt Madam Berit OR a shortage in all countries of in nearly everything else, and export trade, large reserves are the world. whether it be China, that at a certain period after all to be established. The average Be India, Russia, France, Italy, wars there is usually a terrible annual profits of the Holland, and Belgium, to say slump which influences values bined businesses for the three w

year ended Jan. 31, 1919, together nothing of the enemy coun- the world over. tries. These shortages will

with the estimated return on the have to be made good before

new capital, are estimated to be there will be a surplus large Striking evidence of the pros-sufficient to cover interest and enough to affect the market. The perity of the drapery trade is to sinking fund on the proposed surplus of silver that will be re-be found in the comprehensive Debenture issue more than five quired to replace the large quan- scheme for amalgamating the times, after providing for excess tity of dollars melted down by two well-known West End houses profits duty, and the profit then at UC

theGas & W the United States in order to of Debenhams and Marshall and remaining should cover supply India, coupled with the Snelgrove, Ltd. The working dividend on the First Preference Holber P

Holavezzi A trade demand, the requirements arrangement previously entered capital more than three and a894T P of China and also Europe, not to into between these companies has half times. The Boards of both Hoop Station mention the silver the millions of proved so profitable that per-cotipanies confidently invite a par GJE madals for our soldiers will remanent fusion is Low-considered proxies for the ratification of the Hay Capt J quire, make it certain that a big desirable. Debenhams, Ltd., there..., arrangement.""

BIG DRAPERY COMBINE

Aioron Man Z

aterT

Sk'nner Capt D Sinclair W Shellim Mr & Mrs BWE E A Billie CVY. Bilva Me & My S Foote Liest C. by Mr & Mrs

rear Capt Wade Franklin Krče Min 3 swits Mr.&. Vza

KG

Fisher Flag Capt & Tavan F

Taylr E O

LI

Elias Mr & M•» J MScant'sbury Major V Kill & E

Evana 8, MBE

Fowler Mr

Bterans Lt. Amish Findlay A

Galloway Mr & M ● Taylor Maj & Kry

Наздев М

KE Buxster

Ve bria Maj Gos F Fatehion E da F · Ventri• Miss Humphreys Mr Wakeman Major &

Mrs E

M Johnson FB

..

Jerry W

Ellbee Mre Krahmala I Logse Mr B YoTarish H

KING EDWARD HOTEL.

Anderson Mixu & almoon Mrs R Agar De ME Adamı D 3. Brundle R W Pa ock A Costrae Mzát Mrs Crush T 17 Calhane MaTB Carbo My = May Casha Miss Doubleday BO edwarda Mrs JD Varun vom 7

Gibeon A Hr & Has hoot. F

MoAlnah Mer A ̃MoGéo Mrs'E M Moore BJ de Moors BW McGrath FW? Monro MrsƑÂ Nisbolle D Osbome G B Pajemové Mas W:

Gorman Mr & Mrs Tudor Vice Adm Bir Gregory Mr & Mrs Price WH

Templeles

JJ

& Lady

“Thomson (A•@ ̈G®

-Byme Vint Ther Wood (713

Wake EB

Wourkam A VRI

Fames Mr & Mr Mrs C3 T Hann A

Reynolds W 3

Sea's Capt & MË

Bang Sex H&R

Underwood" ty

Hapeler 202 Irving ~Jackson Mr & M* M*

- Wet My A-MBE

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