1919-05-23 — Page 9

Hongkong Telegraph 港電新報 士蔑新聞 All

HONGKONG DEFENCE

CORPS

Orders by H Wakeman, Y. D Iniinistratīva Com

STRENGTH.

TRANSFER.

PROMOTION.

COMPANY MEETING.

Tour Teath by using the World

The

MESSRS

WATSON

AND CO., LTD.

The thirty-fourth annual ordinary meeting of the above Company was held at the Hang-

>>No. 883 Pte. - P. T. Chilvers, kong Hotel to-day at noon. Mr. Signalling Section, is permitted to H Humphrey presided and resign, on leaving the Colony, there were present the Hon. fsted 23rd May, 1919.

Sir. Paul Chater, CM.G. and Mr. J. Scott Harston (Cón- No. 774 Sergeant D. K. Blair is sulting Committee), Mr.-J. A. ansferred from Company Tarrant (Secretary), and Messrs. to the Signalling Section, dated M. S Northcoter Wi Morley, C 21xt May: 1710.

B. Bayers, GRapp J. D. Humphreys and J. M. Wong. No. 774 Sergeant D. K. Blair. The Chairman said Gentle- Signalling Section, is promoted to propose with your per- mission to adopt the ususi procedure und take the report and statement of ac- Sergeant & Brewer, Eng. Coy read. The reduced earnings for counts and auditors' report as 18. granted 9 months leave from the year under review 26. 5:19. Sergeant E. J. Sumanalmost entirely due

to the Eng. Coy, is granted 12 monthe restrictions leave to date from day of de British Government, during the imposed by the parture Garpl. E. Wilken, A last eighteen months of the war, Coy, in granted 12 monthslLease

upon certain articles which en- from 28.5 19 Spr. G, M. Lakin, joyed a large sale and which Eng. Coy is granted 12 months' could only be obtained from Eng- leave from 38 5 19. Pte. P. But, land. We estimate that these re- A Co., is granted monthletrictions (which in effect

pany Sergeant Major, dated 2nd May, 1919..

HANNES LEAVE. -

5. 19. Pte W. Butcher, Dabout

де

leave from 6. 19. Pe amounted to prohibition) caused J. de B. Lancaster, "A" Coy., R granted 9 months leave from 23 diminution in gross profits of $75,000, as compared with the previous year. The Coy to granted 3 months leave restrictions are now being lifted, from 23. 5. 19.

and we expect during the latter EXAMINATION FOR PROMOTION:-half of this year to receive re- Reference Corps Order No. 5-gülar shipments of the goods we dated 10.1.19. & Tecture (Fragtice so urgently require. The profits examination) will be 'git n by the would have appeared as $4.481.77 Adjutant at Headquarters on more but for the fact that Wednesday, 28th May, at 6 p.m. Consulting →Committee fees

ARTILLERY ORDERS.

$1,500, Auditors fees $700, -Orders for Artillery Company and General Managers' com- by Major JH. W. Armstrong mission $2.281.77 payable in 1919

“.D., statét-

DENTIFRICES

BENEDICTIN FATHERS

Hors Concours,

Paris Exhibition.

1900.

of Soulse, Feanor.

F LIXA ||) ENTIRICE DES RE

In Bottles,

Boxes &

Tubes.

Obtainable at all Chemists and Stores.

Wholesale Agents for South China:

FLOQUET & KNOTH. Hoogkoor,

CHARTERED BANK.

SPEECH.

were, at the Auditors' request, POINTS FROM CHAIRMAN'S Monday, 26th May. 330. treated as a liability for 1918 1 Left Half Coy. Full drill, with) will now, refer to such items in exception of new Layers class; the accounts as appear to me to Tuesday 27th May.-7.30 am. call for special comment. The Right Hall Co. New Layers, increase of $34.123.70 to Inland

class

Friday 20th May. 7.30 am. Right Half Coy! Full- drill: with -the exception of new Edvers class. 5. 30 p.m. Left" Half Gog New Lager class,

ESAISEER ORDERS.

Orders for Engineer Company

fear, provided capital and labour are united in their efforts, and all Government restricitions are withdrawn, especially in regard to the export of goods. (Hear. hear.) At the moment our trade in this country and in the East The sixty-fifth ordinary general is much handicapped by the meeting of the shareholders of the restricted supply of tonnage, and

cannot hope for, a Lot No. 1789 is represented in Chartered Bank of India, Aus-we part by payments to the on-tralia and China was held on marked improvement until the tractor for the new Chinese April 9. 1919, on the bank's pre-transport of troops to their homes. Department building

in the Colonies and in Canada and

mises 38. Bishopsgate, London-has been brought to an end. In partly by structural additions to the Six Chinese Sir Montagu Cornish Turner (the spite of our domestic troubles in houses thereon, occupied by chairman) presiding

this country. I cannot help feel-

⚫hereon

very

the Chinese staff. The Chinese In the earse of his speech, the ing that future trade prospects a natural by Captain R. Hall state

Department was transferred to Chairmangid: At our last meet-jare good, and as D.EL. Instructional Classes this new buikding last June and ing one of the shareholders very sequence business in the banking not... So far for Recruits Recruits will the premises in Stanley Street truthfully remarked that the divi-world should attend for D. E. L. Instruction till then rented for that depart-dend paid was not out of propor- as we can see, fail to benefit under R. E Staff Sergeants at ment given up. The increase of tion when the fact was taken into by a Belchers at 9 p.m. on Wednesday, $39.553.07 to Building Improve 28th May. Officer on duty: 2ndments. Furniture. Fittings, etc. is Lient Blackpuri.

Infantry Instruction The whole Company will. parade at the Polo Ground, Cause- way Bay. at 5.30 p. 13. on! Friday. May 30th.. Dress. Drill order (Shorts and Putties). Nos. 1.2 and 4 Sections will parade, outside, the Law Courts at 5.10 p.m. and proceed by, tram to Causeway Bay.

made up as follows: Structural s improve- 'ments (ferro-concrete floors, staircase etc.) to the Warehouse in

tanley Street Structural additions to

Aerated

Water Factory (adding an- other storey to South Eas: wing etc.) Pay for April will be issued at Furniture. Fittings & Engineer Company Office, H. K. Trade Utensils. D. C. Headquarters, on Monday. Warehouse 26th May, at 535 pm. Fay not Furniture, Fittings & drawn by Tuesday, May 27th,Trade Utensils, new will be forfeited and returned to Treasury.

INPANTRY ORDERS.

Orders for Infantry Battalion

Chinese Department Furniture, Fittings &

$11.51.87

6.065.53 account of the new issue of shares

was made on 1 March last, and am glad to say that the new 8.922.80 shares already stand at a sub stantial premium, and that this premium has increased since the issue of our report, which shows 1.137.34 | very satisfactory judgment of the part of the Stock Exchange Tutal $39.553.07 and the public as to the financial

condition of the bank.

Trade Utensils." other departments by Major G. H. Wakeman, V. D.. and Branches Officer Commanding, state:

"A" Company...

Monday, 26th May.-5.15 nm.

1

Teturn to normal con- ditions. Competition will have to be faced on a much wider scale than hitherto experienced, but I think we can regard it with equanimity.

.

Allen

New 41

Series

A CAR FOR GENERAL SERVICE

Business as well as social needs were given careful consideration in designing and the new. Allen.

The result is o cur that is ideal where nuurimum year-round service is demanded, The chassis of the stundarel Allen 41, has been proven through use by thousands of orners. And comfort and convenience are present in big ineasure in this model. A rotary stitch on steering cafuum controle the entire electric system.

Fittings and body finish are of highest grade. The new. Allen is ns attractive as it is

serviceable.

Many special features of this" Car irili interest you. Ask for a copy of the Allen Car Brok, or, better still, have ns demonstrate."

The supply of Allen Cars is very limited.... Orders must be placed promptly if delivery is

to be assured.

ייי

GERIN, DREVARD & CO.

5 PASSENGER GENERAL SERVICE CAR.

of exchange and Treasury Bills had to be, entered as £4,337,903 As regards our staJ gave last 5. Id., instead of £14,377.903 5s. year the list of those who bad ld, and those against bills pay- joined His Majesty's Forces up able as £583,360 165. &d, instead to that date, and I now wish to of £4,173,360 16s. 8d. Having record the fact that, out of our this in view, it will be seen that

199 total staff. men actually our

'Duw aggregate served during the war. Of these 92 £47.604,548 25. 1d... as against

in the

totals

account that our reserve fund so largely exceeded the capital. and that in paying a". reasonable dividend we only give back to shareholders the interest earned on the profit left undrawn by them in previous years. I wish to emphasise this point, because is somequarters comments are made on sc-called excessively high dividends paid by banks. These dividends have been won by care 9.375.55 ful and justifiable husbanding of received. commissions; to £39.716,432 12s. 1d. on 31 Decem-

resources in. the past. As you 18 - were awarded

various ber, an increase of about eight are aware, the first payment on honours

Navy and millions sterling. Our current Army: and 36 brave men gave up accounts now stand at £20.942.723 their lives for their country-18s. 4d, an increase of £1,593,378 record of which this bank may 3s. 8d. over the 1917 clos well be proud (Hear: hear) ing figures: while our fixed am glad to say that several of deposits show an increase those serving in the Forces have of £4,141.749 6s. 7d. over our pre- been demobilised in the past three vious yearly figures. This is a months, and we have been able most gratifying feature of the to send out to the East a number continued confidence reposed in of those who were training for anus by our home and Eastern Eastern career previous to their friends. Healthy increases are You will notice upon referring Now that labour troubles ir oining up at the commencement also shown in the totals outstand- No. 4 Platoon, at King's Park to the heading Aerated Water this country seem to be in cours

f the war. The men in nearlying under the bedding of bills Range Annual Musketry Course? Machinery and Plant that there of settlement, we may reasonably very case seemed delighted to payable, namely £913,801 118. 2d. Part 1, Practices 1 and 2. Dress has been a big decrease: partly expect an increased output of altetura to civil life, and were quite Terning to the other side of the Drill order with pouches.

due to the sale of the Amoy commodities. in spite of thi repared to sail for the East with account, our cash position would Tuesday, 27th. May.-5.15 p.m.

partly to large shorter "bours which have now ut delay, and so relieve their appear to be down against our No. 6 Platoon. at King's Park branch and Range. Annual Musketry Course Writing off for depreciation. The been arranged for. With peacellow-workers whose leave has 1917 figures by £2,199,084, but

and säle and liquidation of the Amoy assured

confidence re-been long overdue. I would take this is accounted for by the fact Part 1, Practices 1 and 2. Dress, branch resulted in a small profit. established, we trust that businese his opportunity of publicly that we have made full use of the The Tientsin branch has also with the East and Far East will thanking those members of our opportunity presented by the me Note. Only N. C. Os and men been sold, and the loss on the recommence

with renewed staff in the East and Far East dium of Treasury Bills. Our bills. who have completed their T.ET. ale provided for in the accounts vigour.

with capital who have bravely held on to their of exchange outstanding show an or who are exempted from pass- before you. The Auditors have and

laboar working for posts out of loyalty to the bank increase of £7,866,791 13s. 3d.. ing them are permitted to fire the asked for their fees to be the common good, this country despite the fact that in many which fairly reflects the progress Musketry Course.

of export trade in the respective increased from $700 per annum should maintain its position in the cases their health suffered. Wednesday, 28th May.-5.15 to.$800 per annum, and your world of commerce in spite of would also like to assure them spheres in which we operate. p.m. No. 3 Platoon, at Head General Managers and Consult active and energetic competition hat the directors and managers Bills discounted and loans also quarters, TET. Rifle, belt.

Four on the part of our friends in have done their utmost to help in show a healthy increase of pouches and dummy, cartridges ing Committee, subject to to be carried. Staff Sergs Ed. sanction at this meeting. have America and Japan. It must be the way of providing relief to £2,491,547.

granted same.

patent to all that unless this the staff, but it has been, quite monds will attend to assist

Turning to our profit and loss Law propose the adoption of country is prepared to develop impossible to obtain the men who Signalling Secti

the report, and accounts.

new and increased energy and were quite fitted for the work account, our net profits for the Tuesday, 27th May, Sep.m. M MS. Northcote seconded enterprise-unless we can have required of them in the East. I At Headquarters. T.ET.Rige, belt, and the motion was carried. the output of commodities requir-need hardly say that both the past twelve months were £409,221 pouches and dummy cartridges

The Chairman proposed, and ed by other countries supplied home and the foreign staffs have 7. 10d, against £402,795 13s. 1d., to be carried. The following will Mr. W. Morley seconded, the promptly and at moderate prices received financial help to assist and the result, as I have already attend to complete their tests: re-election of Mr. F. Maitland we cannot hope to hold our own in meeting the increased cost of said, would have been much lar Privates Jennings, Lammert, and Mr. C. Bernard Brown, in any part of the world trade living. That extra cost of living ger had it not been for the very Deley, PA. Reis, Templeton, P. A.C.A., as auditore for the ensu. As a matter of fact, I know that has been experienced not only at large impost we had meet on account .of Excess-Profits Tangap and Hugfon

ing year at a remuneration of quite recently we have lost some home, but, I might say, univers duty," We purpose placing CADET OEDERS.

$400 each and the motion was very large orders in this country ally in the world.

£100,000 to reserve, thus rais Orders for Cadet Company by carried.

because we could not fulfil them Turning to the figures of the ing that fund to £2,100,000, to add Lieut A, Brawn state-

The Chairman then announced by a given“ ́ ́ date and our accounts as now presented, we £25,000 to officers superannus- Strength The Commandant that dividend warrants could be tenders were considerably over have, I think, every reason to tion fund, and to write £40,000 of records, with deep regret, the had on application and the meet the prices quoted by other.coun- congratulate ourselver, un the bank premises account; and we "death of Bergeant H: CoJennings ing terminated.

tries, especially America. With steady progress shown under all recommend a final dividend at the the vast increase of wealth and headings, and in order that the rate of 14 p.c.per annum, together of the mercantile marine in true comparison may be arrived witis & bonus of 25s per share, America and Japan, with the at I would take this opportunity equal to 20 p,c. per annum, free! mighty energy displayed by the of drawing your attention to the of Income-tax, and to carry Equipment. For provision of industrial classes in those coun-explanation I made when we last forward £168,482 11s. 1ld, against tries, we must recognise that we met in April, 1918. I then stated £167-281 38. 31, for 1917. I feel 24th, 1419.

Parate Empire: Day (Batur-After the Church Parade).

10 am, Saturday, 24th May shall have to face a competition that, owing to serious delays in satisfled gentlemen, that you will day, 24th May)-Sections 3 and 4. Bathing Launch will leave more active, more developed, arrival of the mails, we had to consider this a very satisfactory more widespread, more highly resort to our old method of record, and, one which reflecté

Drill order with pouches.

7.5.10 0.82 Trueman;

Drummers-Frisian, Offord and Caiete E. Walker bod. Offord reperonitted to zegaron leaving

·

fba Colony, with effect from May helmets at Headquarters at

and

will fall rat Star Berry Wharf, Blake Pier on Wednesday, 28th organised than we have ever had grouping en route" items under great credit on the management owloon 8am Sections 1 May at 5 p.m. and call at Kow- to face before. We can meet this spearate heading, with the result and at home and abroa

Badquarters at 8.30 1oon 10 minutes later.

Caps and Belts,

competition fully and without that the figures against our billé sp

JUST ARRIVED. PONGEE SILK SUITABLE FOR GENT'S AND LADIES' SUMMER

SUITS, DRESSES, SHIRTS, BLOUSES AND UNDERWEAR LACE AND EMBROIDERED LADIES' UNDERGARMENTS. SWATOW DRAWN WORKS, EMBROIDERIES ON SILK AND) GRASS LINEN

¡LACE, COLLARS, AND OTHER ARTICLES, ETC. FILET LACES OF NEW PATTERNS.

BEST QUALITIES, LATEST DESIGNS, MODERATE PRICES. INSPECTION CORDIALLY INVITED.

SWATOW DRAWN WORK CO. No. 14,"DES VOEUX ROAD, CENTRAIL FHONE NO. 2867.

HOSPITAL SIZE

BORDEN'S Malted Milk

IN THE SQUARE PACKAGE

71

NOW IN STOCK

AT

ALL LEADINg dispensaRIES.

THE

ASK

BEST FOOD

FOR

BORDENS Malted Milk

FOR THE

SQUARE

PACKAGE

HAS NO EQUAL

TAKE

NO OTHER

BABIES

AND

INVALIDS

IT'S PURE THAT'S SURE

CONNELL BROS, CO.

SOLE AGENTS

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