1920-02-18 — Page 5

YEE

SANG FAT CO.

GRAND

ANNUAL SALE

in every Department.

COME

AT ONCE

and

SAVE BIG MONEY

YEE SANG FAT CO.,

Cor. Queen's Road, & D'Aguilar Street.

TELEPHONE 1355.

t. S. POLITICS.

MR. LANSING RESIGNS.

The Americum Consulate Gen- eral las reeked a navy wides message indicating that de Secret ary of State of the United States. Mr. Robert Lansing, has resden 16th His othre, effective February after a crespondence between Mr Lansing and the Presient in which Present Wilson sensed the Iesiental Secretary of asterpine powers by callinga meeting of the Cabinet during the President's

illness..

The respondines published indientes that Fobrers The replent dressed alter to Mr

Lansing asking him if it were true, as he then H. that the Secretary had wall d and inet met- ings daring is illness, indicating that hat was Atrevettetilise

tional sider the Preshem only had

10 tie

the right of walling such meetings. Mr Lansing replied on the 911 that, he had called an informal confer ence pot inter-departmental inat. ters meding immediate attening but said that it never entend his mind that he was seting aser stitutionally or contrary "wishes of the President; and that there was no intention on his part to assume powers excles.vely vin- fined to the Presbient. He also ad that if the President thought he had, failed in loyalty he was ready to relieve him of his embarrassment, by placing his resignated in the President's hands.

THE HONGKONG TELEGRAPH.

COMPANY REPORT.

HONGKONG AND SHANGHAI BANKING CORPORATION.

The one hundred and fourth Report of the Court of Directors of the Hongkong and Shanghai Banking Corporation, to be pre sented to the Ordinary Yearly General Meeting of Shareholder at the City Hall, or Saturday 28th Feb., at noon, states:-

Gentlemen,The Directors have now to submit to you a General Statement of the affairs of the Bank, and Balance Sheet for the year ending 31st December, 1919. The net profits for the period, in- luding $3,279,611.48, balance brought forward from last account, fter paying all charges, deducting interest paid and due, and making provision for bad and doubtful se counts and contingencies, amount : $10,666,473.57. The Directors re- commend the transfer of $2,000,000 from the Profit and Less Accouc to credit of the Silver Reserv Fund, which Fund will then stand at $28,000,000. The also recoin. mend writing off Bank Premises Account the sum of $1.000.000 After making these transfers, de ducting the Interim Dividend of 25s. per share, paid on 11th Aug- ast last, viz. £270,000 at $,6" $1.542,557.14, and Remuneration to Directors, there remains for appro- priation 35,093,616.43. out of which the Directors recommend the pay ment of a Final Dividend of Twe Captain F. L. Jones. of the Pounds and Five Shillinge Sterling Shuntien, kas gone master. per Share, viz. 270,000, and t Bonus of Three Pound Ten Shill- Cheklang.

Share, viz Captain H. A. Walker, of the ings Sterling per

has

in all t amounting Chckiang,

master. 120,000

£600.000 which at 4 104, the rat Shuntien.

Mr. C.. A. Christiansen. from of the day, will absorb £2,830,769.- chief officer, 23. The Balance $3,262,547.20 to leave, has gone Shuntien.

be carried to New Profit and Los: Account. The sterling equivalent: f the various accounts are shown at 4 10%, the rate ruling on the ast day of the year.

MERCANTILE MARINE.

CHINA COAST CHANGES.

gone

Mr. R. F. Sheel, chief officer, Shuntien, is on reserve.

Fung.

Captain J. Legge. Chongking, has gone master. Mankin.

Directors.-The Honourable Mr.

Captain F. Newcombe, of the Wessing, is on leave.

Captain J. Meathrel, of the Ngankin, has gone master, Woo-E. V. D. Parr has been elected of the Chairman for the year 1920, and Mr. A. H. Compter. Deputy Chair- man. The Honourable Mr. David Mr. J. Stirling, chief officer, Landale and Mr. G. T. M. Edkins stantung, is on special duty. Mr.aving resigned their seats on H. P. Carver, from leave, has gone leaving the Colony, the Honour- chief officer, Shantung.

able Mr. John Johnstone and Mr Captain G. D. S. Milis, from re- Ross Thomson were invited to fill

has

master, the vacancies. Mr. J. W. C. Bon- gone Cheklang.

nar was also invited to join the Mr. A. Glendenning, second Board. These appointments re officer, Pakhoi, has resigned. Mr.quire confirmation at this meeting H. Brewer second fficer, Kai-The Honourable Mr. Stanley H. fong. has gone .econd officer, Dodwell, Mr. W. L. Fattenden and Pakho

Mr. J. A. Plummer retire in ota- Mr. W. Henderson, secondtion, but being eligible for re-elec officer, Shuntien, has resigned. ticn. offer themselves accordingly.

Mr. N. D. H. Bidwell, second officer, Hanyang, has gone second officer, Shuntien.

serve.

..Auditors.-The Accounts have been audited by Mr. F. Maitland Mr. E. A. Thompson, chief and Mr. E. A. M. Williams, whe

offer themselves for re-election. officer,

bas Taikoo, Lug

J. A. PLUMMER. The President replied on the ith resigned.

Chairman. that as no action auki be taken | Mr. G. H. B. Jones, from leave,

Hongkong, 17th Feb., 1920. without the President there was no has gone chief engineer, Han-

LIABILITIES, advantage in such a conference.

yang.

He said that in hal'a feeling which Mr. W. II. Brown, chief en began at Paris that Mr Lansing had accepted his direction with in. Einer, Hanyang, has gone acting

assistant superintendant. creasing reluctance and said that Mr. A. C. Tidbury, from leave, Le had been struck by the number has gone second engineer, Che- of matters whicle Mem

sected to try to forestall the Pro- Mr. P. A. Maitland, second en- «ident's jediment. He therefore gineer. Chekiang, is: ..00 reluctantly accepted his offer of leave.

-resignation.

է

Wing-

Mr. T. S. King, acting master. Wingsang, has gone supernumer ary chief officer. Tungwo.

Captain C. Campbell, from leave, has gone master, Tuckwo.

Mr. T. Croft. from reserve, has Mr Lansing replied on the 12th.

gune acting master, thanking the President for scrup. Sang, ting his offer of resignation because it relieved him of responsibility for further action. He said he had been contemplating his resignation sines January 1919 since he had been ennseimnis that the President was no longer disposed to accept his advice on matters pertaining to negotiations at Paris and as to in- ternational affairs generally that if he had consulted his personal inclinations he would have resigned

that but felt

Mr. J. Gray, acting master, Tuckwo, has gone supernumer are chief officer, Waishing.

Mr. J. Powell, second officer, Choysang, bas

gone seeond officer, Suiwo.

Mr. T. Anderson, from leave, such 11 eter has gone second engineer, Suiwo. might cause the President en-Mr. J. W. McNaught, second en- barrassment in carrying for-gineer, Suiwo, is on leave. ward the great

Mr. E. Stokes, second officer, which he was then engaged. He Feiching, has gone second officer, said that after his return to the Hsinming,

in task

United States he still desired to Mr. E. J. Hickey, second officer, resign but feared that his resigna- Kiangyu, has gone second officer, tion might be considered as hostili. Kiangwab. ty to the ratification of the treaty.

Mr. E. Johnson has been ap-

'

21,000,000,00

DAIRY

WEDNESDAY. FEBRUARY 18. 1920.

FARM NEWS.

FISH FISH

FINNAN HADDOCK

FILLET HADDOCK

KIPPERS

and

SALT SIBERIAN SALMON

New shipment just received.

THE DAIRY FARM, ICE & COLD STORAGE

COMPANY. LIMITED.

QUARANTED

CAL-PA-CO

PURE

MARINE PAINT

CAL-PA-CO cannot be equalled for purity and the excellent finish it imparts on any surface. It withstands the scyerc tests of weather and varying temperature.

INTERIOR DECORATION CAL-PA CO ofers something entirely new in interior finish.

MANUFACTURED BY THE

CALIFORNIA FAINT CO. :

Şole Agents

GERIN, DREVARD & CO.

MOTEL MANSIONA

THOMAS W. SIMMONS & CO.

IMPORTERS

OF

STEEL & STEEL PRODUCTS - BAMBOO STEEL TIN PLATE - BRASS-COPPER ZINC & MACHINERY HARDWARE PAPER DYES & PIECE GOODS,

TELEPHONE 2189.

Bullion in handani

- in transit British Govern

ment. Indian, Colonial sl

Fund Invest- ments, viz

12.451.02.00

parl-up Capital ...$ 15,000,000,00

Reserve

other securities. 1,255,095.08 Fund

6,153.916.15 Sterling, Reserve Silver Reservo

Fund. Marine InsLETICE

Account.. Notes in Circuin- tion:CAM- thorised and Additional, Is- against

k Securities and Coin deposited with the Crown Agent for th

Colonies, their

Trustees, an:1

the Hongkong

250.000,00

3% War Loan

1920 1047

95

6.239.546.15

Billa discounted,

lans and credits 11.687.077.11 Bills Receivable "... 154,580,867 V5 Labilities of con- situents for e- ceptances, per Contra

Bank preinises......

2,097,830.75 6.949,288.26

$425,770,4*1.05

Governent: 0.510,903.09 GENERAL PROFIT AND LOSS ACCOUNT, Current Accounts. 232,036,601.51 To interim divi Fixed Deposits...... 105,182,636.14

Bill Payable -

(Including Call LOADS and Short Sight Drawings сд London Office and Drafts on London Ban- kers) ....... Acceptances on Ar-

count of Consti tuents

count..

Liability on Bille of Exchange re-discounted, £10,250,632, - 12.1 of which £14,812,177..

Later the President's illness pre-pointed second officer, Feiching. Profit and Loss Ac- vented him from resigning but re- Mr. J. Turner, from leave, has cently with the President's return-gone second engineer, Taishun. ing health be prepared the resigns. Mr. T. Robertson, second en- tion which he now submitted. He gingen, Taishun, is on leave.-: could not allow to pass unchalleng Shipping and Engineering, ed the imputation that he had Mr. J. Dixon, second officer. sought Presidential authority. He Suiwo, is ou reserve. believed then and now that the Mr. R. Frost, second officer; conferences were for the best inter- Waishing, has gone second officer, exts of the President and the Re-Wosang. public.

Mr. A. F. Cooke, second officer, President Wilson wrote on the Wosaug, is on leave. 18th accepting the resignation and! Mr. H. J. Hudd; from reserve, hoping that the future would hold has gone third engineer, Kwong- for Mr Lansing successes of the rang most gratifying sort and indicating

Mr. F. C. Clomo.third engineer,

that his best wishes would always Kwongsang, has resigned. follow him and that it would be a Mr. W. W. Hipkin, chief officer, matter of gratification to always Namsang, is on reserve, remember their delightful personal Mr. W. Field Hook has gone

chief officer, Namsang.

relations."

dend:-

Paid on 11th Aug- ust 1919 £2-5 per Shure o 120.000 Shares £270,000 at 3/0....

To remuneration to directors, ..................

4,139,625.07 To final divi.

dend:

甲

2,097,830.75

0,003,616.430

5425,770,061.05

12.8 have since since run off.

ASSEIS. Cash (including $15,500,000 Coin lodged with the Hongkong Gov- crnment against authorised and/ excess note circulation)...es

or

$69,555,018.75

£2.5/- per Share on 120,000 Shares £270,000, at 4/104.

°cn

Bonus of £3 10s,

per Shere 120,000 Shares= £420,000 at 4/104=

To transfer to silver reserve fund....

To transfer to bank premises account To balance forward to next year,...

5 1 642.857.14

80,000.00

1,107,602,31

1,723,076.02

TOP

FLOOR

YORK BUILDING.

December, 1919.. after making pro vision for badand doubtful debts

and cuntingen. deilucting cies, all Expenses ani Interest paid and

ciuc, Elazeriu. Disid- end £270,000 paid at 30 per

contra.

7,386,862,00

$10,666.473.57

STERLING RESERVE FUND.

To Balance, Ia

vested in 5% War Loan 1920 1947).

By Balance 31st

.£1.500,000:0:01

41,500,000:0:0

December, 1910.£1,500,000:0:0:

£1,500,000:0:0

SILVER RESERVE FUND.

By Balance 31st

December, 1919, $21,000.000.00

By Transfer from

Profit and Loss- Account.......

J. A. PLUMMER,

E. V. D. PARE,

JOHN JOHNSTONE,

2,000,000,00

$23,000,000.00

Directora.

HOW TO DEAL WITH A COLD.

A hot bath at bed-time, follow- ed by a dose of Pinkettes, forms 2,000,000.00 the best treatment for a cold.

Mild in action and perfectly 1,000,000.00 barmless, Pinkettes are equally suitable for both sexes and for 3,202,847.20 any age from childhood onwards. They dispel coustipation with- $10,066,473.57 out inconvenience or purging. cure biliousness, sick headaches, Are liverishness, bad breath. obtainable from druggists every- where, also at 60 cents the vial, post free, from Dr. Williams' Medicine Co., 96 Szechuan Road,] Shanghai.

By Balance of Un- divided Profits, 31st Dec., 1918, $8,279,011.48 By Amount of Net

Profits for Year ending 81st

the

NOTICES.

BATH GOWNS

J.

NEW STOCK

JUST

IN

RECEIVED

ALSO

JAEGER

LIGHT WEIGHT

PURE WOOL"

T.

SHAW

TEL. 692.

SPECIALIST IN MEN'S WEAR, NEXT DOOR HONGKONG HOTEL.

Powell

KNEE BOOTS

SOC WESTERS

etc, etc.

TELEPHONE 346

Hare a good selection

of Gentlemen's

RAINCOATS

in

WATERPROOF TWEEDS

from

$21.50

RUBBERED MACKINTOSHES

$30,00

Guaranteed Waterproof

SILK OILSKINS

$17.50

UMBRELLAS

in a good assortment of handles-

Ltd

NEW TROPICAL MODELS

ESTEY"

PIANOS

· UNRIVALLED FOR TONE

QUALITY & FINISH. THE ANDERSON MUSIC CO., LTD.

16, DES VOUX ROAD,

GOLDEN GUINEA

SPARKLING MUSCATEL

TEL 1322.

SPARKLING REDBURGUNDY

(Cresta Blanca)

SPARKLING MOSELLE

(Cresta Blanca)

CALDBECK, MACGREGOR & CO.

15, Queen's Road Central.

SKANDIA

(Telephone No. 78)

CERIN, DREVARD & CO.

4th Floor Hotel Mansions. Tel 114,

and at Canton,

MARINE ENGINES

Page 5Page 6