1922-02-02 — Page 2

THE HONGKONG TELEGRAPH.

THURSDAY, FEBRUARY

1922

COMPANY REPORTS.

NOTICE.

W. S. BAILEY

LTD.

& CO.,

ENGINEERS & SHIP- BUILDERS, HOK UN, KOWLOON.

HARBOUR REPAIRS Call Flag "L".

Sale Agents for

KELVIN MOTORS."

Motors from 12 B.H.P. to

50 B.H.F. now in stock

also spare parts.

Works

Manager...

Secretary

Harbour Engineers

71

Tel. K.21. X,633. K.369. K.604 K.622

-Telegrams "SEYBOURNE"

THE NEW FRENCH REMEDY, THERAPION No. 1 THERAPION No. 2 THERAPION No. 3

K. 2. Eisikder Cstart. Nr 21 Dlood d Bawen. Nr. 31. Charimio WeaknANANA. Hold by Leading Chemiete Prizean Enziani Sr. Dr. Lecture Mech, fx Havera Lond. NW3 Lobiva, The Imie Hark word va 154 Cəst, atamo kied

Hackett,

MASSAGE HALL.

23 FLOWER STREET. MES. H. MORITA. MES. S. UZUNOGE, CERTIFICATED MASSEURS.

PATIENT

I

MEE CHEUNG.

HIGH CLASS PHOTOGRAPH.

EARLIER TELEGRAMS.

CAPITAL SMUGGLED FROM GERMANY.

Berlin, Feb. 1.

KOWLOON LAND &

BUILDING CO., LD..

The thirty-third report of the It is stated that negotiations are proceeding between the lead-board of directors to the ordinary Ing German and foreign banks for the purpose of ascertaining meating of shareholders of the the amount of capital smuggled from Germany, with a view to Kowloon Land and Building Co., bringing it within the scope of German taxation. The newspaper Ld, to be held at the company's Rundschau

that between Mk. 40,000,000,000 and Msofces, Victoria Buildings, at noon

into Switzerland been smuggled

alone. 50,000,000,000 have The President of the Reichsbank has informed the Reichstag that the foreign moneys now in the Reichsbank vaults are equivalent to seventy-five million gold marks.

saya

CHINESE GIRLS AT 30- EACH.

133

The Salvation Army has bought a hundred girls in China

announcement This startling from parents at 30 each. made at Westminster by General Beoth who explained that he instructed that the measure should be adepted with the object of saving them from a life of shame. Local officers desired to buy more girls in the famine districts but the cost of maintenance The intention was to train the girls in Salvatiaist work so that they may become energetic workers among their own people. There were 20 Indian girls present at the meeting from the Salvationist Industrial Home in India where General Booth said the Army intended to develop its children's work.

was too great.

ROMANCE OF MILLIONS.

Chicago. Feb. 1.

Miss Marion Stephens, ал heiress estimated 93 worth $40,000,000, has arranged to marry a Kussian workman named Vanisatsky employed in a Philadelphia factory, and it is reported that she will subsequently reside in compliance to his desire in the factory district near the Works. The romance began in Paris where the lady was impressed by the stirring war stories told by Vansiatsky who served with Keltshak's army in Siberia.

AMERICA AND THE ALLIED DEBTS.

an

Washington. Feb. 1. The Senate has passed a Bill authorising a special Treasury OTHERS take your photos,ba!! Commission to fund the Allied debts of eleven milliard dollars into

more than twenty-five years at by our 30 years experience wel securities maturing in not take youre in EXCELLENT¦ interes: not exceeding 411 per cent. CONDITION and NATURAL COMPLEXION instead of mere- ly clear and sharp.

Studio:-Ice House Street.

"FREE OF CHARGE

FOR

DEVELOPING FILMS Front Retura.

A. TACK & CO.

26. DES VOEUX ROAD CENTRAL

METALS

of all kinds, especially for ship- tbilding and engineering works. Complete stock. Immediate delivery.

Beat terms.

SINGON & CO.,

(Established A. D. 1880.) HING LUNG

7.

Phone 315.

Himrod's

GIVES

DISTANT RELIEF

ASTHMA CURE

Over 40 years gathe Late Lord Beaconsfeldt Tied to the benefis be trowived from Filmead'e datham Cher, and every post bringe similar Letters Laŭday,

UN, FAMED FOR 50 YEARS Sald in tina by all Chamista und Stevan Prechour the country BEWARE OF IMITATIONS

CREEN ISLAND CEMENT COMPANY, LIMITED.

PORTLAND CEMENT.

In Casks of 375 lbs, net.

In Bags of 250 lbs. net.

SHEWAN, TOMES & CO.

General Managers. Hongkong.

MARTIN'S

APIOL & STEEL

1 ter Ladies 1 PILLS

Á Prenad Remedy for a31 Irregularisien. Thomazods of Ladies alwayı toy a bre it Martin's Mile în lãe House, is that on the Sims rigo of any Trzegulazing of mee Bystem a dinsey done may be ad Minnerts. 22ɔre Tho até 154 Prong- mind them, kezet their kneemwar Pale As Chemise and · IsoTU KTĪŠ TRI

LAST YEAR'S RUBBER SLUMP.

London, Feb. 1.

on Friday, 10th February, states.— The Directors now submit to you a statement of the affairs ct the Company and Balance Sheet for the year ending 31st Decem- ber, 1981.

+

The Net Profits for the year amount to $17,229.07 which with $335.56 the amount brought for-j ward from last acounts. gives a sum of $17,761.63 available for distribution.

It is proposed to pay a Dividend! of $2.00 per share absorbing $17.400,00 and to the balance 364,63 to a new ac-;

Carry forward

count.

Directors: Messrs. T E-Pearce and J. Rodger now retire by rotation and being eligible offer themselves for re-election.

Auditor: The Accounts have been audited by Mr. H. Percy Smith who now retires and offers himself for re-election.

HONGKONG AND KOWLOON WHARF & GODOWN CO. LTD.

The report for presentation to shareholders at the thirty-fth ordinary annual meeting of the Kowloon Wharf and Godown Co., Id., at 11 a.m., en Friday, 10th: February, states.—

The Directors beg to submit to: shareholders their report with a statement of accounts for the year ended 31st December, 1921.

The profit on working wai $593,130.07 . compared with | $961,619.96 in 1920.

The balance for the year, after deducting Directors and Auditors" fees, contributing to the War Memorial, allowing for deprecia- tion and paying for repairs. is $521,612.56 The amount brought|

from last

is year

total of $250,157.30 making a $771,800.86 available for appro- priation.

The huge loss of £8,520,000 was disclosed by the Danlop Rub-forward ber Company in their annual report to the 31st August last. This is chiefly due to an enormous shrinkage in the market price of The reserve stocks of raw material, principally rubber and cotton. Account now stands £2,750,000.

SINO-JAPANESE SETTLEMENT.

Washington. Feb. 1.

The formal announcement concerning the Sino-Japanese Set- tlement regarding Shantung will probably be withheld until Feb. 1. when it is expected that Mr. Ealtour and Mr. Hughes will make A statement.

FAMOUS BOXER.

Los Angeles, Feb. 1.

The Braminer states that Dempsey is planning to retire from the ring in two years.

EGYPTIAN DEPORTEES.

Cairo, Feb. 1. Zaghloul and the other deportees are being deported to the Seychelles which will be their final destination.

EARLIER SPECIAL

TELEGRAMS.

From Our Own Currespondent)

SINGAPORE MURDERS.

HARBOUR WORK AT HONGKOKG..

are

Ing-tant borbour works expected to be put in hand shortly at Hoagling as a result of Sir Maurice Fitziganics report Singapore. Feb. 1.

the growing needs of the port, med There ameuns to be an epidemin of the developonents, dre antivi

Another able «Arrangements will probnoły

sententional #earri

The Directory recommend the following:-

To pay a dividend of $6

per share

To carry forward to

new account

$150,000.00

291,509.36

$771,809.36

Accounts: At the request of the Auditors, depreciation is written alf through the Prost and Loss! A/c., and not dealt with in the Report as in previous years.

IGAR

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CIGARETTES

SHANGHAI'S EXCHANGES.

LIGGETT & MYERS TOBACCO CO.

A THIRD CHINA GOVERNMENT.

Directors: During the year Mesars. D. M. Graham, A. H. Compton, J. H. Wallace. and A David resigned and their places were taken by Messrs. A. S. D. same at the end of the year was Cousland, S. 5. Perry, P. A. CoxT13. 235,239 +3 against Ti3. and O. I. Ellis. Hon. Mr. A. 0.422,389, so that I think it will be Lang and Mr. G. 1. Dodwell retire jobvious that there is no great fear according to the Articles of Ass-of the value going much lower.

iation and being eligible ofer themselves for re-election.

serve, against Auctuations there] Auditors: Mr. H. Percy Smith, is a general reserve of Tls. 75,000! F.C.A., and (in the absence of which is more than enough to with the numerous stock and other Apropos of General Wu Fei-fu's Mr. F. Maitland) Mr. C. Bernard cover the Tis. 50,000 which the exchanges which have grown up in ultimatum to Mr. Liang Shih-yi, Brown, A.C.A. bare audited the auditors point out in their report

Now besides this special re- The Smash" Postponed. Wa Reported to be Planning

Capital at Shanghai.

Rumour as usual has been busy

accounts now presented. Mesars, is unsecured on the money invest-Shanghai these past 12 months, Peking's Premier, we are inform H. Percy Smith, F.C.A. and Fed in loans. Last year you will but beyond the facts that a couple ed from usually well-informed for remember that they gave the sum had gone into liquidation and sources, states the N. C. Daily Maitland offer themselves

re-election.

||

SHANGHAI LOAN & INVESTMENT CO.

The

of approximately Tls. 122,000 as that others had failed to get even News, that General Wo, through unsecured, thus showing a con- start, nothing specially tangible his secretary Sun, who is in siderable improvement here.

seemed to eventuate. The general charge of the local Telegraph Administration, has approached Although it has been considered impression was that the advent of General Lu Yang-batang and advisable to pay no dividend this China New Year would sce

another Tachans with a "view to A meeting of the Shanghai Loan rear, which will undoubtedly be a almighty smash, but here we are joining bands. An official tele- & investment Co. Ltd. was held disappointment to you, it must be on the very eve of the settlement gram, containing conditions, has on Jan. 26.

Mr. B. S. F. McBain remembered that we have passed and signs of any financial panic been sent out by Wu. presiding, said. The result of the through a very bad year in the are absent. That is not to say second of these conditions in to | European was slain by Malays in be mele for an elaborate par year's working shows a surplus of history of Shanghai witboat much that the exchanges are all of them the effect that Wu and those who Tis. 174,422.67 including the damage to the company, and happy; on the contrary, where big ara siding with him will with- the Kedah jungle nor dis spot Government panel pic amount of Tis. 82,644.74 brought think I can fairly say that we capitalists have not interestedidraw their recognition of Hsu where Parkysiure mus murder downs, Drolging is newssary of forward from last year, and this shall start on our new financial themselves in the venture they Shih-chang as President, that el. The motive is thought to be considerable portion of foreshore surplus your directors recommend year in a sound position. Ofure feeling shaky, to say the least, they will have nothing to do with | rubbery. A rich Cimeseries mere the eastern end of the eity should be dealt with as follows: course the rubber position is still Little wonder either, for the Canton, and that a third. Govern-

chant and his swall son were both the Kowloon Peninsula. Thic

To add to the reserve against very depressing but our shares are foundation of any prosperity they ment shall be established in murdered at Singapore pusterday.

would provide ample uncommslauctuations of investments, which written down to a very low point may have had is hardly stable. Shanghai where a pew Parlis- | tiền for ships of all sins for many now stands in the balance sheet at and so we can afford to wait. year to eorn?. Recent port-Tis. 50,000, a further Tis. 150,000!

People now talk of a general clear-ment will be convened. testify to the prosperity of the post thus bringing up this reserve tolto tell you as I think that the rehat time funds ought to be very the proposal. that recognition of There is really very little for.meing out by May or June, as General Chi Shih-yban. Tochun of Kiangsu, is opposed to Rud the last returns furnished foTI3. 200,000, and to carry forward port and accounts make the pasi icarly exhausted. Even with thissu Shih-chang' as President be the local representative of Lloyd's the balance of Tis. 24,422,67.

tion to date fairly clear and with in prospect, local Chinese Enan- Register show that 15,000 tons of

This reserve does not meet theiregard to the future we shall have tiers seem tolerably happy, and nw mendiant shipping won being

SINGAPORE "SHOCKS."

Singapore. Febr. 1. Slight earthquake shocks through-

It was felt such returns only vessels of

withdrawn.... ...

out Mulaya were recorded pester- |constracted in Hongkong yard full difference between the no-to be guided to a great extent by the present tendency is rather to drawn from Hsu Shib-chang and

ay morning at 9.15.

met severelynt Port Dickson where 100 Los ar included.-Eastern there were three successive quakes. Engineering. No damage was done..

RUGBY FINAL.

Singapore, Feb. 1.

Singapore. was defented by

MIDDLESEX REGIMENT.

Singapore, Feb. 1. HAR715), Chemist, Beammargus, Big. * Selangor in the final of the Malaya The Middlesex Regiment, which

Rugby Cup by five points to three arrived yesterday, have a APIOL & STEEL at Kuala Lunuper. Singapore fail.

*.. MARTIN'S

fine

el to exert a try during the lart parts record and keeu games are

lexpected./.

DE PILLS

į minute.

Recognition having been with- minal market value of the Invest-the course of events in Shanghal discount any prospect of a panic new Government established by ments and Debentures at the end

of the year and their full cost butt

I am inclined to think that it will

A SINGULAR BUSINESS. Germany is reported by the

when the end comes. This view Wo Pei-fo, the section of a new t based ch the belief already President will be one of the first mentioned same time ago, that aquestions to be decided., No. be sufficient in the end for the purpose. You will remember that no Wen News Agency to be very large proportion of the mention is made in Wu's telegram last year after reviewing the his returning to China a large sumney in these exchanges: came of any name.

from the faterior, representing tory of the

the of money which is dwing by the the contributions of people whe company, and causes which led to its formation latter, on conditional purposes

I said that of the then total It is stated that the Pekingad been bitten by the gambling amount of the investments and Government is trying to keep the mania. It seems quite likely that SHANGHAI LABOUR UNION, debentures of Tis. 1,230,000, Tis. money. The educational author. these are the people who will loser The Shanghai Labour and Com- 570,000 was in rubber. This year ities have written a letter to the their cash at the final reckoning, merce Association bas 1 sued of the total of Tls. 1,175,000 about German Minister and issued and the name of Shanghai will circular calling upon all labourers the same amount is in rubber but circular exposing the whole her smell vilely in their nostris. to form themselves into a Labour the nominat market value of the matter.

-N. C. D. Neror

Dalon.