1925-03-03 — Page 1

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1

ķ

Qualitled Sight Testing

with Modern Equip- ment

phthalmic

Optician

12. Quean's Rd.

Central.

The Only European

Che

Hongkong Telegraph.

Opilion in the Colony

rona 181

No. 12 720

式神機

蟣三月三英侶帶

TUENDAK,

MAROH

8

1925

九月式

swer any questions shareholders! may wish to ask.

GODOWN COMPANY,

SHAREHOLDERS MEET.

CEMENT COMPANY

MEETING.

NEW LIMESTONE SUPPLY.

QUESTIONS BY SHARE- HOLDERS.

WO

have

Mr. C. A. da Roza seconded.

་་

QUESTIONS.

Mr. Smyth.I notice the demurrage on lightars Is very!

boavy; could it not be minimised ?

RAILWAY SMASH.

EIGHT PEOPLE KILLEB

The Chairman - It is minimie- ON, CANTON-KOWLOON LINE.

jad, I assure you.

Mr. Smyth-I understand

AWAITING HARBOUR DEVELOP-

It is reported that at 6 pm on

Tho

MENT.

RING AND PINION CRAT

We have a stock of these

Chandler,

Cleveland.

Dodge Brothers, Essex-4,

Essex-6, Hudson, Overland.

Willys - Knight

Motor Cars.

AND

other

THE DRAGON MOTOR CAR CO., LTD.

Telephone Central 1246 or 1247.-

CIFULB: 1 UP? 10 CTS 33, Wong Noi Chung Road...Happy Valley.

MAIL DELAY.

"LAIBANG'S" SLIGHT

MISHAP:

The delay of the European mail

this wook is explained by the fact

· GERMAN PRESIDENCY.

HERR MARX MOST LIKELY CANDIDATE..

Berlin, March 2.

that the Laisang collided with a Though the various political- wharf at Bingapore on February partios will not yet discuss the

Mr. Smyth-Wan thore not says the Canton Gazette. The Mr. B.D.F. Boith being in the was damaged. She arrived here horefor), while popular National- shortage early in the year?

The Chairman:-No.

this morning.

NEW ROAD.

ists lika Hindenburg, Maokonsen, Tirpitz and Prince Von Buslow aro too aged and are most unlike. ly to become candidates.

thirty-eighth ordinary 21st, causing slight damage to question of the nomination of there was a shortage of limestone the 27th ult, two cars collided and general meeting of the Hongkong her stern, She did not leave candidatos for the Presidency, during the year?

woro derailed at the side of a hin and Kowloon Wharf and Godown Singapore until the 23rd. (On) many names have been suggested, Company, Ltd., was bold at the Thursday she ran into very even that of the ex-Crown Prince The Chairman-No; I have near Li Long station on the offices of Massre. Jardine Mathe-rough weather and her aft-dock (though there is no foundation nlready and wo have large stocks Canton-Kowloon Railway lios, son and Company to day, at noon, chair. There wore also prosont two locomotives were damaged Sir Paul Chater, Mosgrs. 4.0. Mr. Smyth-Can you give me and ran off the rail. Eight of the any idea of the efficiency of the passengers were killed, one of the dust-proof room?

The Chairman :-It has done conductors slightly injured and all that was expected of it and one sovorely injured. Four firo- has covored its cost. We had to men wore also hurt. Ton of the renolt Mr. Smyth: Was it ordered survivors managed to by the Government?

Shumehun. The Chairman:--Yes; all that! was explained at the last meeting Mr. Smyth-Is it efllolont? The Chairman :-You. Mr. Smyth: The roof has been blown off once or twice?

pup it up.

The Chairman:-Yes; but tho roam itself is acting very well.

On Sunday the engineers of the Railway proceeded to the scono and promptly offocted ropairs to the damaged rails, so as not to impodo the traffic.

Lang. TA. Woall, D. Coueland, Ellis, A.H. Compton (director), Allan Cameron, A.S. Gubby, 0.1 F.H. Crapnell (Acting Beoretary). and the following shareholders: Mesare. P. Tester, N. Crouchor, FROM MACAO TO SHEKKI. J.P. Braga, Kelly Sayco, A.H. Carroll, W.J. Carroll, Felix M. A modern highway from Mação Ellis, C. H. Kow, Chau Bui-ki,jto Shekk! has recently bean `com- for traffic, says the P. M. Hodgson, P. M. N. da Silva, ploted

Canton Gazelts. The totallongth and V. Yvanovich.

of the road is 170 li long.

CHAIRMAN'S SPEECH.

A company was recently or The acting Soorotary having|ganized by somo merchants with read the notios convening the a view to making communication more fonsible between the two mosting,

The Chairman said:-Gantlo-placon by vohiclos. A service of men-Tho report and accounts motor buses has boon startad and

Announcemont was mado at alightly larger than last year. fo-day's annual meeting of the The now brick kila bas boon at Green Island Cement Co, Ltd. work for the past 3 months, that a contract has been signed turning out about 15,000 bricks' With the Eastern Minging Com- per day, which are of good quality any for the supply of limestone and find a ready sale. As the om Bian Bay, thetormsincluding result is so good, we have ordered loan of $90,000, at eight por cont, another brick-making meobine interest, to assist the latter Com-which should increase this output pany in laying down a light to 30,000 bricks, -railway from the quarry to the As to the supply of limestono, count, a distance of some seven which as you know is s vory miles. Further indications of important mattor, the continua! the Company's progress were unrest in and around Canton has that two rotary grate kilne have practically put an end to the boon ordered for the Macao importation of limestone from works, which are axpected to these districte, but increase the prosent output by recently signed a contract with about forty por cont., and that the Eastern Mining Company for another brick-making machine a supply of stone from Bias Bay, is on order for Deep Water Bay, the terms of which are that to which should double the prosont assist that Company to lay daily output there.

hight railway from the quarry to Mr. R. G. Shewan presided, the coast, a distance of some sovon

The Chairman replied that it and there were prosent Messrs. miles, and build a wharf, wo lond would hardly be good policy to

Tho pust year's working at the J. Scott Haraton, Allan Cameron, them the sum of $90,000 at 8 instal an electric drive in the old

wbarves discloses a largo in- C. A. da Roza, C. F. Mondham,interest por annum, on good works and then sorap it whon

Londen, March 2, crease in our earnings from all and Li Tee-fong (Directors), Mr. socurity, in return for which they they went into the now factory. The House of Commons har sources, thus onabling your Dir- Allan Keith (Secretary), and the are to deliver stone at a prico Mr. Smyth-During the year paused the second reading of the ectors to recommend. payment of

It is gonerally assumed that following shareholders :--Messrs. which compares very favourably I wrote in for certain informa Trade Facilities B after a the same dividend as last year

Horr Marx has the best prospects, F. P. do V. Bouren, W. T. Showan, with what wo are at prosent paying tion. It had nothing to do with debate in which Mr. Edward and ingrossing the bonus from

if, as is probable, the Soolsilats, F. H. Kow. J. W. Kew, M. A for Haiphong stone. Deliveries the fluctuation of sharor, but the Grenfell complained of the unfair 63 to 85 por share. Wo are taking

Cantrists and Democrats, support Razack, 1. F. da Reza, P. M. N. under t is contract are due toxint of my lotter was very soon advantage given to new firm. advantage of the satisfactory ro-

his candidaturo. A purely Sosial- The Hongkong Football" Club ist candidate would have little da Silva, Tong Hok-ting, F. X |eninisence the second half of

In Icv House Stroot. Tho who were able to profit by the salt of the year's working to write' Da Silva, M. A. Figuorundo, X. F. this year. Meantime wo have Directors did not give the in-Act, whorene. Bestablished down the valuo of buildings,toam which wont to Shamsen chance of olection; therefore it is V. luhorro, J F. Grose, N. Hu-accumulated a large stock of formation I asked for.

concurus wore prostried

wharves, lighters, hunches, etc., over the work and spent a vory regarded as most probable that Hau, Soo Poi-chao. II. Smyth, limestone rom Indo-China, and' The Chairman:-You have to- Ho particularly ing goed to a greater uxioni then provious happy time. the hospitality of the socialista, will not submit a F. M. Eis, H. A. Lammert, although this ties up a consider-leave that to the Directors. We shipping, suffering from wryly, us the deterioration of those the hosts being charsolaristically candidate, but will support the Abraham, E. M. Raymond, Ajable sum of money, it puts us have to protect all the share koen competition, yet the Peter-assesta increases with their age. lavish,

nominee of the other Democratic Alves, O. Kitchail, Man Panco. in a very strong position, should holders.

is $349 79-.41, against promised a Caradian subsidy of purpose

at a price slightly higher than

Mr. Smyth thion made reference

to a local Company which is in TRADE FACILITIES. having been in your hands for runs several times a day. It is

stalling an electric drive.

we

EFFECT ON SHIPPING.

some time, I proposo, if you are well supported by the travelling agrovable, to take them as road.public.

The Chairman:-I do not think granted where the effect of agons. We also purchased two 5-ton oranes; these add might be useful to us as a depot they are; certainly not to in-subsidy would prove unfair and new

consider unreasonable to existing intorests. considerably to the cargo hand- for clay or stone, or on which to formation which

ling facilities at the godowns. A powerful ateam tug, the Kowloon, Reuter

was handed over to us by tho

fleet

of launches. The

од roport

Port the

=

FOOTBALL

HONGKONG WIN AT

to two.

SHAMEEN.

LOCAL SHIPPING.

REVIEW OF PRESENT CONDITIONS.

[BY "OLD HAND"] While there is not exactly

Herr Marx.

The Communists are reported to be putting up Klara Zatkin, the famous woman leader, as a candidate, but this would hardly be taken seriously,Router.

eignments of cemont from abroad property, which is now of no what the property at Castle Pook Hongkong. Several of the big definite action has yet boon anything to gloat over, it can be to his boloved German Fathor-

200mg

our

fotched.

thon adopted.

BUSINESS MATTERS.

THE EMPIRES ECONOMICS.

son Company, which bad hoon The total figure allocated for this The match was played on partion.MA Choa Po min, J. P. Braga, J M we be unable to obtain supplies In reply to a further question

The election Is expected at the Alves, W. J. Carroll, Kelly of store, as has happened more the Chairman said that he £250,000 annually, were enabled 6243,214.02 in 19.3. I feel sure Saturday afternoon, and at half- Sayeo. M. A. Remedios, H. Han once in the past.

thought he had pointed out that under the Act to borrow money our policy in this direction will time each sido had two goals to end of April or the beginning of its credit. In the second half, May, after which, as an absolute with your approval. Taylor, W. E. Van Epps, A. J

With regard to our Castle the Directors could not give at four and a half per cant, whib [moot

the visitors put on two more majorly is not likely, a second thu

the rail- Edgar, E Komedios, W.

year, shareholder this any

in-established companies paid five During Logan, V. Yvanovich, A. H. M Poak property, although

way siding connecting our pre- goals and thus won by four goals election will be necessary. matter does not really come into formation in preference to others.to six por cout. da Silva, and J. S Mur:ay.

the year under review, I would] All information desired was given Mr. Guinness replying, stated misce with the Kowloon-Usion

At night, the visiting team was CHAIRMAN'S SPEECH mention that we have just dis-at the annual inceting, when that since the committeo had Railway was completed, and wo The Secretary having road the posed of this piece of land, which all questions would be willingly learnt of the Canadian Subsicy have now installed a large steam entertained to dinner when they had withdrawn the crane capa lo ot handling lifte very enjoyable time was spent. has been rented for the past year, replied to. notice convening the muting,

Mr. Smyth: Aro shareholdere guarantee. Ho added that the up to 25 tans in weight, from The Chairman said: The ropart

guaranteo was unlikely to be lighters direct to railway wag-

A telegram received by the and statement of accounts for the the present book value. This entitled to information?

Gorman Consulate General in Canton announcing President your ending the 31st December, property we at one time thought 1924, having been in your hands

Ebert's death says:-"Being an for the part fow days, I will, with

upright, unselfish, straight for- your permission, take them as Greel now works, but as Gin would be to the detriment of the

ward and discreet man, he won read. the result of the year's Drinker's Bay is more suitable best interests of the Company.

Mr. Sayco-Does the compra-

the sympathy not only of the whole German nation but almost work is, as you will notice, lesa in overy way for the now works,

we have managed to doro soll coment on his own bringing in this foreign coment/builders in August and has since)

of the whole world. The loss of than that of 1923, but for the and as

in competition have already proved a useful addition to our The Chairman:-Ho does not greater part of the year wo bad to secure a lease from the Govoru- account or on commission?

this man, who stood firm in his ceased to import. I am one of

Engineer's contend with savoro composition mont of some excellent clay lands

belief that right and justice would those zealous protectors of our development of the harbour has and our profits wore adversely near Un Long, we took the soll it at all.

Another shareholder asked

own industrial institutions in affected.

bring back peace and happiness However, these con- opportunity offered of selling the

beon published, but so far no: baro evidently been sold at a loss, further use to us.

The Chairman:-Just a little public concerns, the docke, sugar On the whole I do not think as the importation foll off towards

also by those who work on the poacoful development of the the end of the year when we found I am unduly optimistic in saying over what we paid for it. I think refinery, etc., are embarking on decided upon. We are not in a safely said that local shipping at land, will be deeply deplorod not

The important rice rates, for world." our output was hardly sufficient that our prospects soom good, for Mr. Keith has the actual figures, large schomon and extensions- position, therefore, to guago to present shows at least a little only by the German people but

Mr. Keith explained that it including our own coment cam-what extent, if any, the ultimate renowed activity. to cope with the demands made the new kilns are reducing our fetched $11,000 and cost $10,000./Pang-and it is gratifying to scheme will affect this Company,]

but wo are giving careful con- instance, which for months have upon it.

Since the beginning of working costs and we expect to

hear that you will shortly bo in The report and accounts wore the position to supply all our sideration to the question of been ridiculously low, have gone tho year the domand has been make a substantial saving on the

of

wants, and I think that under placing the Company in a bosi- up to 35-40 cents a pioul from koly to cost

principal raw strong and

In matorial; that is, stane. continue.

the management that can look tion to take full advantage of the Bangkok to Hongkong, and to 16- ahead, and with the co-operation increasing trade of the Colony. I 32 conts from Saigon to this port. Wo have mado but little pro. addition to this, our technical

On the motion of Mr. Lammert, of all the shareholders in invest-do not think there is any more This is not so very good, but it gross with Gin Drinker's Bay, as advisers assure us that as the now wo have not yet been able to factory at Gin Drinker's Bay seconded by Mr. F. Kow, the aping money in reproductive works, that calls for comment, and shows a tendency back to normal come to terms with the Govern- will contain only the latest pointments of Mr. J. Scott Hars- we fool our interests are safely now beg to propose the adoption conditions, at any rate,

of the report and accounts. I note that a very well-known! mont regarding the purchase of and most modern machinery and ton and Mr. Allan Cameron aa protected and will receive that No questions wore asked and Saigon firm, with strong local!

REPRESENTED. the improve- Directors were confirmed, whilst attention in the interests of the the necessary land, the torms will utilino all they first proposed being quite monts and changes in the man Mosers. C. A. da Reza and Li Tse-general hody of shareholders that Bir Paul Chater seconded the connections, has bought a splendid

London, March 2. unacooptable Negotiations are, ufacture of coment which have fong were re-elected to the Board.o have been receiving in the adoption of the report and state-passenger steamer for the Saigon-

On the proposition of Mr. W. J.

In the House of Commons, Mr. however, continuing and we have taken place since our prozont

that another Chinoso local firm The Chair an replying, said was carried unanimously. every res son to believe that a factory was built, a still further Carroli, seconded by Mr. B. M. N past-(Hoar, hoar and Applause) mout of accounts, and the motion Hongkong and Swatow run, also

BUSINESS MATTERS. has placed an order for a new Ormeby Gore said the Colonies satisfactory airangomont will substantial reduction in the cost da Silva, Moesra. Linstead and ho was very much obliged to Mr.

5,000 ton steamer to be engaged and Protectorates would be re- presanted in the Imperial Econo- soon be reached. Meantime wo of production will be affected Davis and Messrs. Lowo, Binghan Brags for the kind resolution

and Matthews were re-appointed that he had made. Ho was sure Mr. Croucher proposed. and in the opast trade. have lost no time in endeavouring thero..

It is also known that a couple mie Committee by Sir Gilbert to increase our output both at We propose, as you will soo) auditors at a salary of $750. that the shareholders were in the Mr. Chau Bui-ki seconded the

second representative Hok in and Macão. At the from tho roport, paying a dual

way of receiving the very host confirmation of the appointment of local concerns have recently Grindle, of the Colonial Office, former place we have installed dividend of $1:25 on the old

attention from him, as Green as direotore of Messrs. U, Gordon placed orders for a few of the bet with a

members of whleb would be two new mechanical grato kilns, shares and 15 conts on the now Mr J. P. Brags:-I think I Island Coment Company had Mackie, T. G. Weall, A. Hter-class passunger steamers of spesially chosen by panel, the one of which is working quito shares, which comparoa very might remind the mooting that always been a favourite child of Compton and A. S. D. Cousland. the more moderately sized kind.

A local shipping company is named by various bodies in satisfactorily, both as rouard favourably with the previous when we met twelve month ago, his, He recalled the unfavour-Put to the vote, the proposition

new addition to its Britain connected with business the.

expecting a reception proposal was carri d unanimously.

interests in the Colonies and quality and quantity, and the year, being, in fact., only 7 conts wo mat in an atmosphere moro or ablo

The retiring directors, Messrs. flest from Home in a fow daye Protectoratan. This represente other is only waiting for the short. I might say, in parentbosis, less electrically charged. To-day of the formation of a local

met with. Allan Camera and A. 8. Gubbay, time, and the public has already raquinito grinding mackinory, that the now capital naturally the atmosphors outside is rather coment, compány

to the particular question bofore which should arrive here within has not yet yot contributed to the damp, but in this room wa fool Europeans pooh-poohed the idea were re-elected on the proposition noted the arrivals of the Blue tive would be selected coording the next two or three months, earnings of the company. I now warm after the very satisfactory and his Chinese frionde said of Mr. P. M. N. da Silva, second- Funnel liner Antenor, and the committee.-Reuter.

Compaigns of the Messageries For Macao we have ordered move

roport and speech you have made from the that It stunk (Laughter). by Mr. P. M. Ells.

Mr. C. H Kew proposed, and Maritimes, although the lattor two rotary Frate kilns to accounts, as presented, be adopt-chair. As one who took more or He found aomo pride in the take the place of the Aal-ed and the balanco at the crediš loss a leading part in the discus-position it had now roached. He Mr. V. Yvanovich seconded that two can hardly be placed in the borg kilns, which will mean an of Profit & Loss Account be sions last year, I forl it is due to was sorry that there was so Mosers. Linstoad and Davis, and category of local shipping.

With the approaching rice sOR- Increase ir production of about dealt with as follows-To pay you that a vote of thanks should mucb, ho would not say 11 Mesars. Peroy Smith, Seth and 40% on the prosunt output final dividend of $1 25 per share be proposed by myself for the feeling, but warm feeling at the Fleming bo appointed auditors on at Balgon, which starts in real Theo klins are now boing erected on the Old Sharee. $500,000; successful year you have weather-last meeting, and he was sorry for the ensuing year at a re earnest in April, we may expect of $1,000 each--la rather livelier freight marketi and now grinting machinery into pay a final dividond of 15 cents ed. Twolve months ago, when some of their old friends. left. muneration

from that direction, and three coming out from Home. We per share on the Now. Shares, wo met in this room, we were told The Board of Directors at present Carried.

This was all the business. The local river.etestpers bave already be producing $00,000; to carry forward to the that a frightful amount of cement in charge of the Company's chail probably coment from these kilns about credit of next year's account, had found its way into the affairs took a keen interest and Chairman announced that divid- benefitted from the renewed ship- the end of the year.

|814,556,52; and when this has Colony from abroad. We have were not too lazy to obeck their end warrants could be obtained ping activity, having obtained

on application on and after charters cariying rioo, paddy, sto As regards Doop Water Bay, boon seconded, I shall be pleased, the gratification of knowing that General Managers.

This concluded the meeting. Wodnesday, March 4th,

up to the various river ports. you will notice the earnings are to the best of my ability, to an- the importers who have been

that the

AN APPRECIATION,

:

* SMALLER COLONIES

TO-DAY.

Closing Exchange 28. 3. 11/16 Lighting Up-Time 6.28 p.m. Barometer Temperature Humidity

Z p.m. 30.06

pu

63