1923-05-10 — Page 7

MOTOR CONTESTS.

Appeal to Hongkong ȚAutomobile “Association.

CANTON INSURANCE

MEETING.

Better Results Obtained Last Year.

THE HONGKONG TELEGRAPH,

panica, who in some 今風なとき] distribute in dividend an oven. smaller proportion of marenus from investment, than we do. fIt must be remembered that should an exceptionally heavy loss be incurred, necessitating {"TelegraphTM" Special).

the sale of investments, a fall in Local motorists have approach- ed us with a request that we

The forty-second ordinary gen-interest would result. This in should endeavour to arouse the oral meeting of shareholders of turn might result in a reduced; Hoogkang Automobile Associs the Canton Insurance Office, Ltd, dividend if the Company were tion into greater activity in the was held in the offices of the gen too liberal in its return to share- interests of its'members. The oral agents, Messrs. Jardine, holders. It is entirely owing to Assoolation has been în existence Matheson & Co. Ltd., at noon our conservative policy and the for several years now, but we are to-day. Mr. D. G. M. Bernard building up of reserves, that the informed that it bas, in recent presided, and the other present Company has been enabled to ex times especially, done very little ware Sir Robert Ho Tung, Messrs pand and attain the eminently on behalf of those who have taken 4. H. Compton, A. S. Gubbay, H. satisfactory position it occapies. up membership. There are at Humphreys, and H. P. White today, and I trust that share- present in Hongkong over 700(consulting committee), F. C. Hall holders will approve the policy moter cars and from 150 to 260 (Secretary), and Chau Siu Ki,that is followed.

I cannot think of anything motor-cycles, whereas the Asso-Chui Siu Nam. Lo Cheung Shiu, ciation can only claim some 30 Lo Man Hin, Ho Shi Kit. J. Ar-further that calls for special re- members. It is the belief of local neld. J. W. Barton, D. V. Steaven-ference, but I shall be pleased to

shareholders

motoring enthusiasts that the san, G. R. Piercy. A answer to the best of my ability. Association could greatly in- Croucher, R. Setb, A. S. Ellis, C. Dy questions arising out of the

C. Boyd, Ho Leung, E. E. Ellis, Accounts which J. M. Alves, A. B. Stewart and may wish to put after the W. E. L. Shenton (shareholders). Accounts themselves have been the Secretary had read the notice

Addressing the gathering, after duly seconded.

I now propose the following re- convening the meeting, the Chair-solution: "That the Report and man said:

crease its membership if some inducement were held out for car and cycle owners to join, and this can best be done by arrang ing functions which will bring! motorists into closer touch one with another. We will indicate Inter in this article one direction

in which interest might be Broused.

THURSDAY, MAY 10, 1923.

V

DAIRY FARM NEWS.

JUST LANDED. A FRESH CONSIGNMENT OF .

KRAFT LOAF

CHEESE"

The perfection of Flavour; Uniformity - and Excellence

No Rind

No Waste

80 cents per lb.

Accounts as presented, including THE DAIRY FARM, ICE & COLD STORAGE CO., LTD-

Gentlemen. The report and the payment of a final dividend accounts having now been in ia respect of the year 1921 of your bande for some days, I pro-$22 per share, and an interim The Association's Activities.

pose, with your permission, to dividend it respect of the year follow the usual custom of 1922 of 8 per sbare; the ad- What does the Associationdo taking them as read." It affords dition of £25,000 to Sterling Re for its members? It has Club me great pleasure to be again in serve Fund. of $125,000 to Rein- Rooms where motor papers can a position to present to you such surance Fund and of $604,079.09 be seen, but where members gel- a very satisfactory Report, espe- to Underwriting Suspense Ac- dom Foregather. It has done cially as there has been little or count be adopted and passed.” some useful work in getting dao-co improvement in the condition

Mr. Lo Cheung-shiu, in second- gerous road corners improved. of Marine Insurance affairs since in the motion, expressed the It has defended one or two cases we met here about this time last thanks and appreciation of the in Court. It arranged a series of year. Trade continues stagnant

shareholders for the work of the lectures on the running and up-and though there is somewhat officials and staff of the Company keep of care, but these came less pressure from competition, during the period under review. suddenly to an wad, for some owing to the elimination of The report and accounts were reason or other. It is affiliated many of the smaller and war-carried.

with the Royal Automobile Club born Companies, there is still On the proposal of Afr. J. in England, through which or insufficient business to go round Arnold, seconded by Mr. D. V. ganisation the taking of cars and the task of maintaining Steavenson, the following consult- Home during leave can be facili-Premium Income at its customarying committee was appointed for sated. It receives occasional com-level is most exacting.

the period until the next general plaints from members on motor It will be seen from the meating: Mr. D. G. M. Bernard ing matters. This appears a Accounts that although the pre-(chairman.) the Hon. Sir Paul somewhat lengthy let, but, mium income for the year 1921 Chater, Sir Robert Ho Tung, and analysed, it does not amount to was some $600.000 less than for Messre. E. J. Chapman, A. H. great deal in the way of real. the preceding year, the result, Compton. A. S. Gubbay, H. enthusiastic activity, according after 24 months' working is oven Humphreys. T. E. Pearce, and to local motorists, The Associa$300.000 better. This is due to H. P. White:

tion never rotete, excepting. for the reduction in the loss ratio On the motion of Mr. Chau Šia the annual meeting and an occas-from approximately 73 per cent. Ki, seconded by Mr. H. Seth, ional Committee meeting: in fact. to 63 per cent and an increase of Messrs. H. Percy Smith and A. R.. we are told that the Committee $30,000 in the гетерие from Lowe were reappointed auditors - has not conferred for many investments.

months now.

Working account for the year The chief complaint against 1922, after twelve months' work. the Association is that nothinking, shows & decrease in Premium whatever is done to create esprit Income of $180,000. de corps amongst its members. Excepting for the use of the As sociation's badge no one motorist would know that another was a member. Nothing is done to bring the members together; they never meet as members, except

at & remuneration of $750 each.

This concluded the business of the meeting..

NAVAL POLICE

MEDALS.

The balance of $2,352,375,41 carried forward is, however, $13,-| 000 greater than that for the year 1921 at the same period, and we think we may confdently look Indian Inspector Rewarded. forward to the successful suttura of this account also.

An interesting ceremony took! place at H. M. Naval Dockyard

iog at the manual meeting. Our assets, as expressed in this morning, the occasion being Similar organisations at Home are sterling, stand at a lower figure Conticually arranging functions than a year ago, oxing to the fall

the presentation of medals to the Police. At the conclusion. Com-

which serve to bring members in the rate of exchange from 27 odore H. E. Grace, E. together in friendly contact, and to 224, the rate ruling on the

called Sab. Inspector Mir

it is suggested that this example 31st December last. On the other]

abcold be followed here in hand, as expressed in Local Alam to the Front of the

Hongkong.

Gurrency, they show the very $100 on behalf of the Hong- parade and presented him with Suggested Competitions. substantial increase of over Coming to forms of activity in $1,100,000. Our reserves have kong Government for services which the Association might do maintained their healthy con- the capture

rendered in connection with

Mau.

Chan of who WAS convicted at the

Kerrison.

Commodore Grace, in a few well chosen words, congratulated Sub. Inspr. Mir Alam, and thanked him on behalf of the Hongkong Government.

A PUZZLE A DAY."

O

something of real interest to thedition and, with the addition motoring public, one ides im of the appropriations which I mediately suggests itself smely shall propose later on. should March Criminal sessions and the bolding of car and cycle teste, fully satisfy constituents with sentenced to 20 years bard labour Such tests could be grouped under regard to the security that the and 18 strokes with the cat for three headings-fuel consump Company offers. I wish again No. 20. Yee Woo St., and attempt committing an armed robbery at ion, reliability and hill-climbing this year to make special ring to shoot Mesars. Andrews and contests. There is ample scope ference to the Investment acă in the New Territories for Exchange Fluctuation Account the carrying out of such a sug which has now risen to the gestion. For the fuel consump-figure of $1,083,363.03. Although tion and reliability tests, compeli-this suro ia altogether tore might, for example, be re- ceptional, your general agents quired to go twice or three times and consulting committee have round the circular route via Fan-deemed it advisable to retain it ling and Castle Pesk, on a intact until it can be seen whether low speed limit which would the very material rises which obviate racing and eliminate all have recently taken place in both danger. Hill-climbing might be gold and silver securities are to done up the long incline at Tain be maintained. Wan, which could be closed to Appropriation of Profits. public traffic during the test, one

The surplus to be dealt with is machine to make the run at a $1,353,378.15, aut of which has time. These ideas are put for been paid an interim dividend of ward in akeleton form, merely as $18 per share. We now recom- suggestions of the type of contests mend the payment of a final which might be arranged;

dividend of $22, the addition of An Appeal,

£25,000 to Sterling Reserve Fund, We are assured that such cort-of $125,000 to Reinsurance Fund, petitions would appeal greatly to and the carrying of the balance many owners of care and cycles, of $604,079.09 to Underwriting and we therefore suggest to the Suspense Account to close the Automobile Association that it year 1921. The balance of $2,352, the 11 checkers shown above Take the mastter up and arrange 375.41 at credit of 1922 Account Can you draw four straight lines some such tests in the near future. allows of the payment of the

that will separate all the checkere different section?

оо

O

Notice carefully the position of

CCC

SA W Yesterday's answer: The above symbols indicate

By so doing, it would put the usual interim dividend of $18 for so that each one will occupy a Association on more "live" that year. basis and at the same time provide From the foregoing you will some useful form of activity for understand that it is proposed to its members, besides definitely increase the dividend to a total banding them together as mem-of $40 for the year 1921, 83 bers of the same organisation, all against $35 paid in respect of with a common interest in the 1919 and 1920. It has come to that summer was late in coming practical aspect of mbtoring.

my knowledge that the fact that for they represent the "C's" on we do not pay away all our in-

waa" backward; "the season was come from investments has been:

backward." criticized and it may not be out of placa for me to make a few remarks on the subject.

Our practice is not singular. that of

MOTORS VERSUS TRAINS, Tasmanian railways have never paid, and now, when the increased population should have made them profitable, the developement It is the

same

Vistor Supremacy.

THE VICTROLA.

■ the only "instrument sonognised by sus

of motor-traticie proving a serious many well-known Home com- Worlds, Artiste Ask Mouirion for a Catalogus

menace.

THE SKILL OF AN ARTIST

is necessary in the making of a suit of clothes.

HAWTHORNE & PEARSON'S

tailoring, will give you that touch of distinction necessary to well-cut clothing.. SUMMER SUITS FOR THE HOT WEATHER RAINCOATS FOR THE WET SEASON. St. George's Building.

Telephone 2313.

HALL'S DISTEMPER The KING of Water Paints

Its Sanitary, washable, and high disinfecting qualities make it the ideal wall covering for your home or office.

Handled by all Contractors and Painters. Write for our Brochure on "How to decorate your Home" to

WILLIAM C. JÁCK & CO., LTD.

What is

Sole Agents HONGKONG & SOUTH CHIN.

LOTOL?

LOTOL is The New Germicide Disinfectant and Liquid Insect. Vermin Destroyer.

Spray LOTOL

Means sudden Death to

Freely

זי

Kosquitoes, Flies, Bugs, Fleas, Moths, Anis. Gockroaches Silverash,

and every kind of Insect pest.

For use in The Household, Hotels, Hospitals, Theatres, Ships, Public Coavryances, Stable, etc,

LOTOL is harmless taylothes or other fabras. LOTOL evaporatesund leaves unstain.

LOTOL will not lajure painted, polished uz metal surfacče. LATÜL shoes not leave any staina un walls or wall-paper, and cour pletely disappears in about 56 hours, at a temperature of 76

LOTUL SF is xən müəmmable tut wood and fabrics saturated

with at buru more readily.

́, LOTOL does my moutain any compeuple of Arsenic, Strychine.

Cyanide, Mercury; and though harmless to Man wher used as directed, it is labelled o polenuosta” to conform with The Poisons Act.

LOTOL is made in Australi...

THE GENERAL COMMERCIAL CO., LTD. 10, Des Voeur Road, Central. (Sole Agents for HONGKONG » &

CHIKA.

EVEN A PRIME MINISTER

with all his worries finds consolation in a good cigar. Try a Piccadilly Clab cigar and you will get the same satisfaction.

The Hongkong Cigar Store Co., Ltd.

ALEXANDRA BUILDING.'

Powell

THE LATEST IN-

Tel. C.346.

WHITE FOOTWEAR

SELECT

Thee

Exquisitely modelled,

Best materials.

The essence of

good taste.

30:

Wm. POWELL. Limited.

J. T.

SHAW

Ladies' & Gent's Tailors

TEĻ. CENTRAL 692.

DRESS MATERIAL, WHITE SERCE, PALM BEACH - SILK PONCEE, COTTON PONCEE WHITE ALPACA DRILLS & ETC. FOR SUMMER WEAR.

WAR MEDALS AND

RIBBONS,

No. 21 Beaconsfield "Arcade,

(Opposite City Hall)

CAPE WINES

FROM J. SEDGWICK & Co., Ltd., CAPE TOWN

Claret

Drakenstein (Hock Style) Sauvignon Blanc

Old Chateau Brands Santhagen Brandy

CALDBECK. MACCRECOR & CO., LTD.

16, Queen's Road Centras,

(Telephone Genizal No.73)

EVERY LOAF

"FROM «m

CAFE WISEMAN'S DAYLIGHT BAKERY CONTAINS ONLY INGREDIENTS OF ABBOLUTE PURITY. AND IS MADE AND BAKED UNDER" SCRUPULOUSLY CLEAN CONDITIONS UNDER THE DIRECTION OF AN EXPERT EUROPEAN, BAKER.

LANE, CRAWFORD, LIMITED.