1924-03-22 — Page 1

THE ETERNAL TRIANGLE

YOU..

YOUR EYES,

and

THE OPTICIAN."

LAZARUS

22. Guter's Rosa VENTIL

The only Lumeshato (?pivonen in the triung

The

Hongkong Telegraph.

FOUNDED

13201

魏弍十弍月三英港香 六拜禮:

SATURDAY

HONGKONG'S SHIPPING

SUPREMACY.

Answer to Capt. Robert Dollar.

ROUND-THE-WORLD. AIR RACE.

MARCH

-22

1924.

日入十月式:

SM FOR ANTDES

BRITISH FLIERS COMING TO HONGKONG,

POLAR ATTEMPT ALSO ANNOUNCED.

(Reuter's Service.)

London, March 21, Squadron Leader A.SC. Maclaren starts on a world flight from SHANGHAI STILL FAR BEHIND. Calshot, near Southampton, on March 25th on the amphibian Aying buat Vulture, accompanied by two other Scotsmen, Flying Officer Plendor-Leith and Sergeant Andrews

Figures For 1923 Compared.

24th.

APPOINTMENTS.

MR. MONTAGUE EDE ON

COUNCIL..

The following appointments ars gazoited—

M&B B Me Eldarry to act as Assistant. Ghional Secretary Land Clerk of Councils.

Mr. Charles Montagus Ede to be an Unofficial member of the Legislative Council during the absance from the Colony of the Hon. Mr. A. O. Lang.

THE DRAGON MOTOR CAR Co., Ltd. Expert and emastani Kuropeaa toparvjuleti

...A. £. Allison.

Telephone Central 3350..

TO-DAY'S HOTEL MEETING,

The Majestie, Peninsula and Shartzen Schemes.

ASSURANCES TO DOUBTING SHAREHOLDERS.

The Chairman said:-Gentle [for the property was forthcoming men: The accounts and the report and a more suitable site at that became available, your of the directors having been in time your hands for the prescribed Directors disposed of the former period, conforming with the Com- property and acquired Lots 18 and panies Ordinance, I will with 24 on the French Concession, your permission and following the Shameen, of an area of approx established procedure, take the fimately 25,000 square feet, and same as read.

situated immediately opposite the main bridge.

It is a private venture under the auspices of the Vickers Napier

Lieut.Col Frederick Eaves, and Shell companies. The itinerary is-Lyons, Rome, Cairo D.3.0., to act as Land Officer A very comprehensive review of the affairs and activities of the Bagdad, Karachi, Calcutta, Rangoon, Bangkok, Hongkong, Shang during the absence on leave of Hongkong and Shanghai Hotels, Ltd, was given by the Chairman hai. Tokyo. Petrogaslovsk, the Aleutians, Vancouver, Newfound Mr. Philip Jacks.

at the annual meeting of the Company, which was held at the land, and across the Atlantic via the Azores or West Ireland.

Mr. Heary Robert Butters to Hongkong Hotal this morning. Mr. J. H. Taggart presided, and It is noteworthy that the American aeroplanes on a world flight fact as an Assistant to the Secret was supported by a large attendance of directors and shareholders. already mentioned, are actually due to start from Seattle on Marchary for Chinese Affairs and as a Hongkong Telegraph SpeciaL]

Captain Hammer, who will accompany' Amundsen on a Polar Deputy Registrar of Marriages.

Mr. T. M. Hazlerigg, M.G., to When Capt. Robert Dollar was but we want to make it clear that light from Spitzbergen to Alaska, has arrived in England to com-act as Crown Solicitor during the in Hongkong in January he ad in the former case he was quot-plete his arrangements. Two seroplanes will be employed, with absence on leave of Mr. H. K

The American Government is to be represented Holmes. dressed a meeting of American ing total 5gures focean-going and three men in each. business men and made what he river combined), whereas in the in this fight. no doubt thought were some in-esse of Hongkong he was quoting

(Reuter's American Service.)

Seattle, March 21. teresting revelations regarding only ocean-going tonnage. That i the shipping figures of Shanghai was the mistake which led him to Lieutenant Nelson, the fourth world flier, has arrived. The and Hongkong. He contended his wrong conclusion.

party is now complete. It rests for a few days before flying along that Hongkong had lost pride of

the coast of British Columbia. place to Shanghai and he advised men in Hongkong to "get a It is in river and coastal boats There have just beep where Shanghai stands ahead of published the shipping returns Hongkong a fact easily explain. for Shanghai for the year 1923 ed by the tremendous river trade (as compiled by the British of China's greatest waterway, the Chamber of Commerce) and, in Yangtsze. The figures for 1923 giving publicity to these figures, were:

move on."

RIVER COASTAL "BOATS.

a northern contemporary states :: Hongkong... 6,336,080 tons.

-"While there

slightly are

different methods in use in

Shanghai... 15,994,639 tons. That gives Shanghai a very big

SERIOUS IRISH OUTRAGE,

BRITISH SOLDIERS SHOT DOWN.

WARSHIP FIRED UPON.

London, March 21. various world ports for measure margin, but it only serves to

Four Free State soldiers turned a machine gun on British troops ing vessel tornage, thus making make the importance of Hong-landing at Queenstown, on leave. Twelve were killed and injured. exact comparison impossible, igi

Shuts were fired at H. M. S. Scythe from a motor-car, the is considered that the 1923.ong's tonnage all the greater, figures for Shanghai place it into because out of Hongkong's total occupants shouting "Up Tobin!" tonnage of 32.250.138 tons for the

MOTOR ACCIDENTS.

THE ACCOUNTS.

THE CAPITAL INCREASE.

TWO YESTERDAY. Two motor accidents occurred The liquidation of The Shangbai | yesterday. In one of these, Hotels, Ltd., having been effected. The nett balance of Profit ind. which occurred on Leighton Hill during the year under review, this Loss Account (which includes the Road, near Bowrington Canal, alis the first occasion upon which sum of $25,714.10 brought forward woman knocked down by s you have been presented with from the year 1919) is, as you car owned by Mr. Mok Kong-the merged accounta of the will note, $1,069,790.15, and as sang. was removed to hospit-ainalgamated companies operat- the balance of Profit and Loss al suffering from rather "serious ing under the name of The Hong- Account is quite naturally injuries.

kong and Shanghai Hotels, Ltd. regarded as an index to the The second accident occurred In the circumstances, sharehold-prosperity of a Company business, afternoon Desers will doubtless expect me to your Board trusk that you yesterday Voeux Road Central near the analyse the Proit and Loss will consider the results achieved Wing Wo wharf. A Chinese male Account and Balance Sheet with in the course of the past financial was taken to the Government a view to indicating the financial year as being entirely, satis- Civil Hospital after being knock- position of the merged undertak-factory." You will observe from ed down by motor car No. 485. ing in rather more detail than the Balance Sheet that the issued can be shewn in the printed state-capital of the Company wasein* ments of account. Turning to creased to $3,750,000 during the MOVE TO DEPOSE SHAH. the Profit and Loss Account, you year. This was occasioned by will observe from the debit side the issue of 17,430 shares át pár that $290,933.93. was paid into the bolders of the balance of Royalists Attack Republicans. respect of Interest; this sum the issued share capital of The covers such headings as interest Shangbai Hotels, Ltd. in order to Teheran, March 21. AT THE STAR THEATRE The Shah's long absences in on Shanghai acquisition account give effect to the agreement for between The Europe have strengthened the loan, together with debenture and analgamation Chefalo and Palermo appeared movement in favour of a Republic mortgage interest in respect of Shanghai Hotels, Ltd. and The again at the Star Theatre last in Persia. Even the conservatives both Hongkong and Shanghai, Hongkong Hotel Company. Ltd. night in a show which was attrac-in the Mejliss are inchaing to and I would point out that with tive and mystifying. A number this view, but there is still a the exception of our indebtedness of new tricks were introduced, considerable Royalist sentiment to our Bankers and two mortgages

Later. either third or fourth place among year, over 80 per cent was ocean-

One soldier was killed ar Queenstown, and seventeen persons world ports."

Note the fact of the matter going shipping. whilst out of were wounded, some of whom were civilians.

is that tonnage entering

Shanghai's total tonnage of 29,530,835 tons for the year, daly

and leaving Hongkong during about 45 per cent was ocean-

1923 was so very much greater than that entering and leaving Shanghai

going.

that one wonders LAUNCHES AND JUNKS. where Capt. Robert Dollar got

bour

hai.

ELECTROCUTED.

TWO WOMEN KILLED.

found,

victims was

CHEFALO MYSTIFIES.

the

been

his ideas. It should be stated as In addition to the above, may plainly as possible that Hong- be added 142,392 tons, represent-

Two women were killed kong as a shipping port, is verging steamships under 60 tons

in foreign much larger than Shanghai, and engaged

trade through being electrocuted this

LOANS AND MORTGAGES. to prove that statement we will 2,519,003 tons, representing junks morning.

in foreign trade; It is stated that the accident quote official figures which we engaged

Loans and fortgages stand at have just obtained from the Har 17,077,346 tons, representing the occurred at Aberdeen, when a

Office, contrasting them launches and boats plying in the woman inadvertently touched and although Chefalo explained amongst the population. An anti-of small amounts which will be $5,510,811.89, principally by rea- of the Colony; and live wire which had come down how some of these were done, he Republican crowd,, overcoming paid off during the current year, son of the acquisition of practi- with the official figures of Shang. Waters

1.313.360, representing junks on to the roadway. She was was still able to baffle the audi-the police resistance, entered the the amounts outstanding in rela- cally ninety per cent. of the also wasence with his cleverness. In Mejiss and palled down the flagation to mortgages and debentures shares in The Shanghai Hotels, engaged in local trade. All of instantly killed, as

repaid in order Ltd. and the necessity of retiring AGGREGATE FIGURES. these tonnage, added to the figure another woman who endeavoured fact, the mystery was only in- and flagstaffs, and beat the Re- have

The police to facilitate the merging of the debenture issued and the Shanghai's tonnage of

two concerns. You will mortgages of that Company upon ell given for ocean-going and river to pull her off but received the tensified as a result of his explana-publican speakers. trances and clearances for last steamers, bring Hongkong's grand current herself through trans-tions, simple as they appeared at were reinforced, and restored notice that depreciation has the transference of the assets and

first sight.

jorder. : year is given as being 29,530.835 total of floating tonnage for 1923 mission. When tons. whereas Hongkong's ton- up to 53,402,239 tops.

The leader of the progressives been charged against revenue liabilities to this Company in опе of the This afternoon, Chefalo and

of $267,387.82 Hongkong. The figure referred still nage for 1923 was 32,250,138 tons. It may casily be that Shang- unfortunate

Palermo will give a special in the Mejliss has submitted for to the extent This gives Hongkong a superior-hai's grand total, inclusive of all clinging to the wire. Their

matinée, at which children will urgency decision proposals with which, being itemized. is there also includes the cost of its of 2.719.303 tons--a figure junks, launches and such-like bodies have been removed to the be admitted at half-price, whilst regard to a change of regime and fore self-explanatory. The only demption of the debentures of revision of the constitutional other item on the debit side that Hongkong Hotel Company, Ltd. sumciently large to be decisive. craft on the river, is larger than Mortuary.

to-night there is sure to be a

appears to me to call for com-outstanding on the 30th June last. The above figures do not include Hongkong's. but, as

we have

bumper house for the final per-

ment is that of bad and doubtful

. OVERDRAFT INSTEAD OF launch and junk tonnage, but shown above, Hoogkong has an

formance.

debts, amounting to $22.594.71,

DEBENTURES. relate solely to ocean-going and overwhelming lead in the matter

and I may mention that this

You will no doubt recollect it of ocean-going tonnage. And it'

amply provides for contingencies

the under heading and, vis-a-vis the was

intention of your OCEAN-GOING STEAMERS is in respect of ocean-going ships.

Both Crews At Practice.

in gross turnover which

a Directors to Boat, early this As ocean-going steamers really that the importance of a port is

business such as ours necessarily year, & debenture issue of indicate the size of a port, we guaged.

London, March 21.

runs into very large figures-is, 50 lakhs at seven per cent per Both Varsity crews are now assure you, ons that need cause annum, covered by the hypothe Turks Must Be Reformed.

practising at Putney for the

no undue concern.

cation of the central properties boat race on April 5th. Oxford

owned by this Company both in this afternoon had their first

Hongkong and the Northern port. Calcutta, March 21.

full course trial from Putney to The Khilafat conference has Mortlake. The conditions were Profit and Loss Account, dividends the Board to pay off the debenture Coming to the credit side of the Such action would have enabled passed a resolution favouring fairly favourable, without wind, Turkey as the seat of the Khali- fair tide and good water. The

Investments, $49.178.72, issue and mortgage of The Shang- represents dividends received, bai Hotels, Ltd. and the Com

river steamers.

will take them next. But before BRITISH STILL LEADING. quoting figures we ought to point

The figures before us also in-

once on every round trip. But, trances and clearances totalled

25

SHIPPING MISHAPS.

Fire On Motor Ves-el.

MOSLEMS AND THE KHALIFATE,

laws-Reuter.

THE BOAT RACE.

Government, declaring that if the performance-Beuter.

present Turkish

Government

desires to follow a course pre-

on

SHAMEES SITE CHANGED.

Malta, March 21. The American steamer Steal out that Shanghai gets a big pullį

from Kobe and on Hongkong so far as trans- dicate that British shipping still Voyager, Pacific beats are concerned. bolds the lead. If we take the Singapore for New York, has arrived for repairs to her steer- ocean-going Hongkong is the terminus of the combined British

which has proved Pacific run, and a ship on that and river steamera for ing gear,

defectire. ran only arrives and leaves here Hongkong, we find thai the en- The Swedish motor Vessel inasmuch as it calls at Shanghai 16,920,491 tons, whilst, the com-Formosa, from Vladivostock with fate, as the strongest Islamictime was 1929, a satisfactory mainly in respect of our holding (pany in Hongkong and thus to both coming and going. Shanghai bined foreign ocean-going and a carge of copra, has arrived gets two arrivals and two de river steamers totalled 15,329,547 here, a fire having broken out in partures to Hongkong's one ar- tons. Thus British shipping had the bold-Reuter. rival and one departure. Such a lead over that of all other coun- happening applies to the Empress tries combined. Taking ocean- boats, the big T. K. K. boats, some going shipping by itself, the different ships came into Hong the necessity for reforming, and of the President boats and also British figure was 11,222,141 tons,

kong during 1923. the Blue Funnel boats on the wbilst the combined foreign Pacific run. But, notwithstand-tonnage was 14,671,917 tons. The ing this disadvantage to Hong-river shipping was 5,698,350 tons There are no figures yet avail- kong, the figures of the two ports British, and 657,730 tons foreign.able regarding the first two are totally disproportionate. They Japanese shipping came an months of 1924, but it is known easy second, the United States that a very much larger ton- being third.

nage has been recorded than was experienced during the first INDIVIDUAL SHIPS.

two months of 1923. It is ex- first Every ship coming to Hong-pected that when the

are:-

Hongkong ...25,894,058 tons.

Shanghai 13,536,196 tons. In will thus be seen that Hong- kong's ocean-going tonnage for

||

THIS YEAR.

take all steps to that end.-. Reuter.

EPINARD TO FOLLOW PAPYRUS.

JAPANESE SUBMARINE

DISASTER.

in the Grand Hotel, des Wagons consolidate the indebtedness in Lits, Ltd., in which undertaking one liability in the amount of judicial to the holding of a Khali- BOMBAY MILLS RESUMING. our Company owns 3,534 shares, $5,000,000. In this connection fate, then Moslems all over the

or approximately sixty per cent.our Bankers undertook to under- world must remind the Turks of

of the issued share capital write the whole of the proposed Bombay, March 21.

thereof. Needless to say, no issue; however, on reconsidering The situation with regard to credit has been taken for an- the matter, it was deemed more the cotton-mill strike is improv-ticipated dividenda accrued. advantageous for the Company to ing About thirty mills, each Profit on sale of investments, enter into other arrangements employing about five hundred $100,938.86, is accounted for by with the result that the position bands, have resumed work, and the disposal at satisfactory rates now is that we are granted faci- more are expected to follow suit of certain shares which, in the lities with our Bankers to the -Beuter.

opinion of your Board, were no extent of an overdraft in a similar longer necessary in the interests amount. As we shall be able to of the Company to be retained. reduce the amount of "our over- A credit of $44,329.75 shewn draft from time to time whenever 35 profit on sale of a credit balance is shewn on our property, resulted from the dis- current account; I am confident 1923 was nearly double that of kong may enter and leave many quarter's returns are completed Shanghal. We have not the 1922 times during the year, but if we they will

posal of the undertaking of the that shareholders will appreciate Tokyo, March 21 figure for Shanghai before us, but take every ship individually-record. The number of buoys in

The absence of response to Shanghai Sanitary Laundry in the undoubted advantage which the Hongkong figure for that year that is, count the actual number the harbour is not really adequate owner of Epinard, has informed was 21,371,162 tons, showing that of separate boats. which caras to cope with the demand, and, far Rentar that he has contracted to communications for two days has Shanghai, and of the land and will accrue to the Company, from Hongkong's ocean-going tonnage hore during last year, we find from there being any sign of run Epinard in three races in led to the conclusion that the property, on the Shameen, Cantor, these arrangements, effecting in 1923 increased by 3,922,896 that British boats numbered 529, decreasing tonnage, it is constant America in September and Octo-imprisoned crew on the sunken purchased in 1922 and sold in the as they will a considerable tons. We don't quite see how Japanese 285,

to by the Chairman at the inst the more 60 se our cash American 84, ly increasing

ber. It is expected the horse will submarine, numbering forty-three early part of last year as referred saving interest, and “ this

are all dead-Reuter Capt. Robert Dollar's exhortation Chinese 77, Dutch 45, French Let it be reiterated, as a matter sail at the beginning of July. '..

yearly general meeting. In this fanover is a large one, and that latter conneótion you will dor-bf as a result of the new issue of in January to got a move 39, Norwegian 32, German 29, of cold fact, that Hongkong still With regard to Ascot, nothing

less recall that the site, suitable share for share at par we shall be on" was justified. It might Danish 16, Portuguese 13, holds its premier shipping posi- has been definitely settled. M.

as it was for a small hotel, had due to receive $3,750,000 byt be pointed that Capt. Bwedish 9, with five other coun- tion in the Far East and that its Wertheinier expects to

this disadvantage, that it would 30th June nert. Dollar gare Shanghai's tonnage tries contributing 19 between high place among the great porta Epinsrd there, but is at present

permit future extension for 1922 as being 27,000,000 tons them. Taking an aggregate of of the world is more firmly uncertain in what race,

therefore, as a satisfactory oner and Hongkong's as 22,000,000 tons,these figures, we find that 1,184 established to-day than ever.

out

constitute another

Booked for American Turf.

Paris, March 21.“

M. Pierre Wertheimer, the

Tu

TO-DAY,

not for the Gold Cup -Rengebly fo

Closing Exchange 2a. 4. 5/16. Lighting In-Time 636 p.m.

not

(Continued