1919-05-21 — Page 8

ANTON INSURANCE OFFICE LTD.

od for

continue until some of the recently formed "Cozza"

With

to oppose

gratifying to iars, 'as it constitutes

Banks H.K. & §. Banks b

North Chings·· Cantons Unions

PUBLIC

THE Undersigned has received,

instructions to sell by Public

FRIDAY, the 23rd May, 1919,

REMEMBER

TEL NO. 977.

·5 Cases Cocoa Powder

3 Cases Vanilla Chocolate in

tablets

Bales Chair Springs

12 Dinner Services

40 Dozen Coffee Cups & Saucers

2 Cases Chemist Sundries

Also “

Two Bales White Woolen Blanke's

(in lots to suit purchasers) Terms: Cash on delivery,

$670

Marine Insurances.

Auction on

$180 $200

... $1100 sm. 1090

b.

$839

commenting at II a.m.

д.

$26

at his Sale Rooms, Duddell

*Street

$150

3 Cases Arctic White Glass

$325

5 Cases Ground Chocolate

Shipping.

$ 89

2016

$82

150

195-

$37

Refineries.

$159 $ 34

b. ex. div. 49/~

b.

t. 194

GEO. P. LAMMERT, .

Auctioneer.

D.

RIA

411-

41THE Undersigned has received

instructions to sell by Public

11.

9436

Auction on.

32.

$151

b.

$129

1919.

D.

$ 24

commencing at llam

b.

$109 $100

b. 110 sa. 111

$8

$45

$175

b.

$7234

Cotton Mills.

10 tons

b.

t. 235

20

L. 3316

16

40′

23 32"

17276

20

40′

13/16"

"b.

t.88

16

40' x 1*

"

t. 176

20

40′ x 1′

b.

t. 114

25

40' x 1 3/16"

20

40' x 13

#

3

$ 734

40 x 1 9/16"

that Marine Insurance is not thirty-eighth ordinary quite so remunerative, un 'r a record sinde the formation of meeting of the above Cou-normal conditions, as they the Company. After adding the was held at the offices of led to expect, or until the balance of $3,218.02 brought for the Company, this morning, at gradual opening up of China wand from credit of Profit and $12.30. Mr. J. Johnstone presided enables us to increase the field Loss Account for 1917, it makes a And there were present the Hon. of our activities and gives total credit of $33,324,98 which Sir Paul Chatar, C. M. G., Sir more room for newcomers. In your Directors have appropriated Yangtazes Robert Ho Tung, Mr. T.E. Pearce, the latter respect it must be a

as shown on the report now in Far Easterns Mr. F. Maitland, and Mr. A. H. matter of vary keen disappoint your possession. After paying s Compton, (Consulting Comment to the many business man dividend of $1 per share, which

Fire Insurances. mittee), Mr. F. C. Hall (Acting in China-both native and ore gn will absorb $18,105, your Direc- China Fires Becretary), Mr. R. F. Matting-to view the half-hearted tors transferred $14,000 to B. K. Fires. ly representing the Solicitors attempts made by the Chinese General Reserve Account. This to the Company), and the themselves to settle their amount, together with the $6,000 Douglases Hon Mr. Ho Fook and differences, and put their house brought forward from General Steambosta Messrs. J. Arnold, A. F. Arcaili, in order. In fact, one is forced Reserve Account for 1917, makes Indos (Pref.) Ho Leung, M. H. Lo, G. to the conclusion that those at a total of $20,000. They also Indos (Def) Maxan, E. V. D. Parr, Ho Kwong, present in authority find a state deemed it advisable to Shells H. Peroy Smith, A. C. Darison, of unrest so beneficial to their transfer $20,000 to create Ferries G. W. Barton, D. S. M. Bernardown pockets, that in spite of the

Stock Reserve Account and Chiu Siu Kim.

very evident danger to their and to write down Goodwill The Chairman said: Gentle mother country, they deliberately Account $20,000. They trust the Sugars men, The report and accounts play their cards in such a manner shareholders will fully agree that Malabons have now been in your hands for as will ensure of the game being these amounts are absolutely

Mixing. some days and 1 will therefois continued. Neither party appear essential considering the high Kaians * with your permission take them to be better than the other in this prices at which our stocks have Langkats Combined) as read. We meet to hold this respect, and while they continue been laid down owing to the oar 38th annual meeting under the quarrel for their own im- abnormal conditions prevailing Explorations

Shanghai Loans much happier auspices than has mediate benefit, others step in during the past

four years Raubs been the case on the past four and take what they want, well With a return to normal condi-Tronohs occasions. The conclusion of the knowing that there is no one tions, there is every possibility Urals Armistice last November. and in this country

of a slump in

prices which the approaching settlement of the them.

regard to the may adversely affect the earnings Docks, Wharves, Godowns, &c. terms of peace, bring to a close a proposal to reduce the liability of the Company, therefore it is as H.K. Wharves pariod of tension which has tried on each of our shares by the sum well to consolidate the resources K. Docks us all severely both privately and of 850, the circular letter dealing of the Company and be prepared S'hai Docks commercially. The figures we with this matter has been in your for any emergency. The, next N. Engineerings now present disclose an era of hands for some time past, and I item on the report shows a bonus. prosperity, resulting in a surplus feel aure that the advisability of of $5,500 to the staff which I am Centrais

Lands, Hotels & Buildings. for the year 1917 which is by this measure will appeal to yon.sure every shareholder, will agree HK. Hotels far the largest in the history At the Consulting Committee with me is well deserved, as it is Land Invest of the Company, and this I think meeting which will be held at the due to their labours that we 'phreys Est. you will agree is the more credit- termination of this

have been able to place such Kloon Lands able when the difficulties with sanction will be sought to make splendid report before you L Reclamations. n.

meeting, which we have had to contend a call of $50 per share in res-The balance of $5.719.98 has been West Points

consideration. poct of monies unpaid on the carried forward to this year's Shortage of staff, both out here shares held by members of the account, and I have no hesita- sad in London, delays and Company, and, if obtained, ation in stating that with such a

Ewos restrictions in cabling, and many further sanction will be sought to substantial reserve at our dis- Kang Yike other disabilities, have tended to the payment of a special dividendposal, we shall be in a position Lau Knng Mows b. make our work more difficult and of $50 per share out of the to withstand any drawback tha: Orientals laborious than in former times. Reserve Fund, this special may occur in our future business Shai Cottons The premium income for the dividend to be payable the day transactions. Gentlemen, with

Yangtszepoos closed year of 1917 shows an in- following that on which the call these few remarks, I have much crease of $900,000 over that of 1916, becomes due. The proposition pleasure in proposing the adop-Green Islands while the amount of losses has has received the careful con- tion of the report and statement Chius Borneos only risen by the sum of $120,000.sideration of your Committee, of accounts. Turning to the year 1918, we find and we trust that it meets with Mr. M. A. Razack, in seconding China Provideats b. & sa. § 714 China Lights b. $5 old s. 1.03 new that, though the premium income your approval. Gentlemen, I do the adoption of the report and Dairy Far.ns is one million dollars less than not think there is any other statement of accounts, said:"H. K. Electrics that for 1917 after a similar subject that calls for mention by have great pleasure in seconding Macao Electrics period, losses also have fallen by me, but I shall be pleased to answer the report and accounts with Ropes the sum of $800,000 with the if possible any question arising which, I am sure, the shareholders Trams, Low Level . result that, in spite of the beavy out of the accounts which share are satisfied. It is indeed an Trans Peak, old b. drop in income as expressed in holders may wish to put after the exceptionally good year, which Trams, Peak, new b. dollars, the balance for the year accounts themselves have been this Company has not seen for Laundries 1918 as on the 31st Dec is only seconded. There

noa long time. I sincerely hope Steel Foundries being $70,000 less than that carried questions I now propose the that similar results, if not better. U. Waterboats forward for 1917 on

a similar following resolution: "That the will be obtained for a good many Watsons date. I may mention that this report and accounts as presented, years to come. The successful Wm. Powells fall in income for last year is including the payment of a final result is undoubtedly due to the Wiseman's very largely due

to the still dividend in respect of the year hard work of the staff, who upward trend of sterling Ex-1917 of $12 per share, and deserve the bonus which has been change, our accounts being of interim dividend presented this year at 3/414 as respect of the year. 1918 of $18

in recommended. against 3/- for last year. A review per share; the addition of $500,000 of the balance sheet will show to the Sterling Reserve Fund; that our assets both in sterling, and of $679,155.28 to the Under and as expressed local writing Suspense Account be of the Company, currency, represent a consider adopted and passed. able increase over those for 1917.

are taken

into

in

an

Miscellaneous.

9.

MONDAY, the 26th May.

FOR

MERCURY GARAGE

THE MOST MODERN CARS IN TOWN.

at E. & G. godowns of the Hongkong & Kowloon Wharf & Godown Co. Ltd.

(For account of the concerned)

250 tons Round Mild Steel Bars. Assortment as under:-

Sole Agents :

THE

CONNAUGHT

MOTOR CAR

COMPANY,

Studebaker

Tel. No. 1913.

28, Des Voeux Rd.

Central.

G.P.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.

40" x

40′ = **

$12 Terms: Cash on delivery.

S.

830

n. ex. div. $75

IL.

b.

$3316 $3114

Geo. P. LAMMERT,

Auctioneer.

$74 ROYAL HONGKONG GOLF

CLUB..

$814

ct5.

.85

b.

$ 334

H.

b.

S.

$12 $13 $ 6

NOTICE Professional Paire

Competition will take place over Happy Valley Course. Match $1114 play under Handicap. Entrance Fee $2 each player close 31st May 1919 at the Club Pavilion or with the undersigned.

$30

Hongkong, May 21, 1919.

On the proposition of Mr. C. Bond, seconded by Mr. Leung INTEREST AT 900 PER CENT. Yen Po. Mr. Lau Po Wing was unanimously re-elected Director

Mr. C. Bond said-On be-

every mem-

especially

IMPORTANT DECISION,

March 30.

C. L. SANDÉS,

Hon. Secretary. Mercantile Bank, Hongkong, 21st May. 1919.

LOOK OUT MONDAYS for "CURRENT TUESDAYS for "AN ISLANDER'S DIARY

COIN

Messrs. Lowe Bingham and. A case of importance to those Mr. E.VD. Parr said :-Mr. Matthews were re-elected audi-who follow the widespread custom THE "TELEGRAPH " The only item which calls Chairman. I beg to second the tors for the ensuing year at a for special comment is that resolution and to congratulate the remuneration of $150, on the of cashing seamen's advance of British, Indian and Colonial management and staff on the ex-proposal of Mr. S. C. Pank notes was decided in Bow County Government Bonds and Stocks cellent results and sound position seconded by Mr. Sau Po Wing Court, says the National News of which has risen from £387,000 to of the Company. just over £600,000, this being due The motion was then put to the half of the staff I beg to tender of Plaistow, who sued the New

Wm. Keenar, a baggage carrier. THE FEATURE PAPER to the continued investment of our meeting and carried unanimous-you our sincere thanks for your Zealand Shipping Company to surplus faude in War Loan.. ly.

kindness in voting us the hand- Our funds are all in a healthy condition. The Investment and posed and Mr. J. Arnold seconded gentlemen, it has been very much advanced note. claimed that he On

The Hon. Mr. Ho Fook pro- some bonus. I can assure you, recover £10 15s. on a seaman's Exchange Fluctuation Account the re-election to the Consulting appreciated by

„cashed a note for this sum at the shows an increment of just over Committee of the Hon Sir Paul ber

of the staff,

request of a seaman named Gold- this being due to Chater, C. M. G., Sir Robert Ho $200,000,

times

berg, charging 2s. in the £, and the appreciation of securities Tung and Messrs. H. P. White, bad

that Goldberg endorsed the note It present: generally and to the favour F. Maitland, C. S. Gubbay and very gratifying to the staff to

is in his presence. able rate of exchange ruA. H. Compton, and confirmation know that this bonus is presented

Against this the shipping com- ing between Hongkong and of the election of Mr. T.E. Pearce to the staff by the Directors as an pany said that Goldberg lost the Shanghai, on the 31st December The motion was carried, last. You will notice from the

appreciation of their work in the note, and the day his ship sailed Mr. G. W. Barton proposed and past year. report that Mr. T. E. Pearce bas Mr. Ho Leung seconded the re-gentlemen, that we

I sincerely trust, be informed them by letter of his 03 WEDNESDAYS for loes and asked them to pay his. accepted the invitation of the election se Auditors for the ens able to work just as hard, if sister, which they did. Consulting Committee to joining year of Mr. H. Percy Smith, not harder, this year their number, and I heartily com- FCA, and Mr. A. R. Lowe hope mend his election to you. The FC.A., at e remuneration of $250 the profits of the Company advance note was not a negotiable surplus to be dealt with is each, and the motion was carried. will be better this year that in document as it was not a promis- been paid an interim dividend of that dividend warrants were ready again begto thank you, gentlemen of payment on it, and was also On FRIDAYS for

The Chairman then announced the past. With these remarks Isory note, it having no actual date

$1,479,155.28, cut of which has

and could be had on application, and the meeting terminated.

$18 per share, leaving $1,299,155. 18, and we now recommend the 'payment of a final dividend of $12, the appropriation of $500,000 to Sterling Reserve MESSRS: GANDE PRICE &

CO., LTD.

the at

are very

and trust

shall be

and that

The Chairman announced that dividend ready.

warrants were пож

MAETERLINCK'S BRIDE..

"MODERN MODES" Mr. Harris (for defendants) sub- mitted that legally, a seaman's On THURSDAYS for

conditional on the man sailing. Everything possiblehadbeen done to safeguard these seamen, who were very improvident, and in practice these advance were cashed; but the promise to

notes

1

THE HONGKONG SCHOOL

OF MOTORING,

APPLICATIONS FROM STUDENTS ARE NOW BEING ACCEPTED,

The SCHOOL has accommodation for 200 PUPILS, the syllabus including courses for MECHANICS. and DRIVING.

SPECIAL FACILITIES are offered to persons desirous of becoming CHAUFFEURS and not at the moment having means at their disposal for their course.

Works and school-Shaukiwan. Office-4 Queen's Road Central

TELEPHONE

THE BREEZY GARAGE

"J

FOR COMPLETE SATISFACTION SUMMER is HERE

and you want the most modern cam procutable at a price that is reasonable, CARS FOR HIRE.

Chandler, 7 Passenger:

Hudson Super Six:

...$8.00 per hour -7.00

600,

Oaklands:

WEEKLY & MONTHLY TRIPS CAN BE ARRANGED,

A LARGE STOOK OF GOODRICH & GOODYEAR TYRE & TURES SIZES 34 x 4

432 x 4 HAVE ARRIVED.

TEL. 2499

'MUSICAL JOTTINGS"

"ROBBIE'S LETTER”

On

SATURDAYS for the

זי

“PICTORIAL SUPPLEMENT”.

SOMETHING FOR EVERYBODY. Note the day on which you favor to feature appears.

Fond and the carrying to Under- writing Suspense Account of the The twelfth annual general Maurice Maeterlinck, the cele-pay, if any, could be revoked un- balance of $679,155.28, to close meeting of the shareholders of brated Belgian, author, was marrider certain circumstances. the year 1917. This last amount Messrs. Gande, Price and Co., ed recently in a little village near Judge Graham expressed his is considerably in excess of all Ltd., was held this morning in Nice. The bride is a young astonishment that a document previous like appropriations, but the offices of the Company, when Riviera beauty of 23, Mile. Renee should be issued by the master of our operations in the year in there were present Messrs. Chan Bahon. She was for some time a the vessel, promising to pay, and question having been large, our Kai Ming (Chairman), S. C. Pank student at the Paris Conser- yet it was not negotiable provision to meet liabilities at (Managing Director), Lai Po vatoire. Mr. Maeterlinck's Giving his considered judg- taching thereto. must be pro- Wing, the Hon. Mr. Lau Chu divorce from his first wife (who is ment, Judge Graham said that portionately greater. It is early Pak (Directors), Mr. C. Bond well known on the stage as Mme. the signature on the note was yet to say much about 1918, but (Secretary), Messrs. Leung Yan Georgette Leblanc) took place very different from the authenti Mr. Harris: He cannot be as already stated the balance of Po, Chow Tung-sang, and M. A some months age. It was special-cated signatures of Goldberg much of a poor unfortunate. $3,151.180.78 is quite satisfactory, Razack.

ly for Georgette Leblanc that which had been produced. There He makes at the rate of 900 per

and fully permite of the payment The Chairman said Gentle Maeterlinck wrote the play, was no proof that Goldberg did cent.per annum by cashing these of an interim dividend of $18 for men,As it is past the hour Monna Vanna." Mr. Baeter endorse the note. There would notes at Es. in the £, as he gets that year.

Now, gentlemen, for which this meeting has linck is fifty-seven years of age. have to be judgment, for the the money in four days. with regard to the future, as we been called and there being a To British readers he is best defendants with costs, red return to more normal conditions quorum present, I will ask the known by such immortal works Mr. Harris: May I ask for Competition is bound to become ex-Secretary to read the notice con-as The Blue Bird of Happi-special costs, owing to the very tremely keen; such competition vening the meeting. Gentlenes8,*

**"Les Aveugles," Pelleas great public importance of the must be felt even by old and firm- menThe report and statement and Melisande," and "The Bee" case? ly established Companies such as of accounts for the year ending For some time his home has this, and although we have bittle 1918 having been in your has been the "Vills of the Boes" to fear from such competition It, hands for some

at Nice.

Mr. Robinson (for plaintiff): My unfortunate client has lost, his money.

Mr. Robinson: You mean he does not get his money. When you come to consider the risks he runs in the man not sailing and he forfeiting his money, the rate is very low indeed

Judge Graham refused to allow any special costa.

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BATHING CAPS. THE VICTORIA DISPENSARY

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