1926-03-15 — Page 7

TELEPHONE/CO. MEETING.

ABSENT SHAREHOLDERS

CRITICISED.

That Improvements to the tele- phone system in accordance with the report of an expert who came here In December werd now under) consideration was stated by the Hon. Mr. P. H. Holyoak, who took | the chale at this morning's meeting of the Hongkong Telephone Com pany, Limited.. There were lo present the Hon. Sir C. P. Chater, the Hon. Sir Shou-son Chow, Mr., "R. G. Shewan, the Hon. Dr. R."H. Kotewall, Father L Robert, Mr. J. Scott Harston, Mr. W. J.. Hawker (for Mr. Tazgart) (Directors), Mr. | A. L. Terry (secretary), Mr. H. S. Bennett, A.M.LE.E.' (manager), the Hon. Mr. H. W. Bird, Mr. H. M. Walker, Mr. D. MeNeill, and Mr. R. E. Ost (shareholders). „

The Secretary read the notice convening the meeting.

The Chairman said:-Gentle- men, The report and accounts, for the half year ended 31st Decem- ber. 1025, are before you, and, with your permission, I will

take them ds read.

THE HONGKONG TELEGRAPH. MONDAY, MARCH 15, 1926.

BOY SCOUT RALLY.

SHARE PRICES."

COMMUNITY PLATE

SOLE AGENTS

[IN HONGKONG

Messra, LANE, CRAWFORD, LTD.

Powell

Telephone C.4578

NEW GOODS

NOW ON SHOW IN OUR

CHILDREN'S DEPT.

PANAMAS and FANCY HATS

WASHING SUITS ROMPERS

RATIONAL BODICES

Also For Infants- MUSLIN HATS & BONNETS VOILE DRESSES RUBBER PANTS & PILCHERS

THE NEWEST STYLE IN RELIABLE QUALITIES MARKËD AT LOW PRICES TO ENSURE A QUICK SALE,

Two snapshots taken at the Boy Scout rally at Head- quarter House on Saturday, when, Major General and Mrs. Luurd were, at home to visiting Troops. (Photo: Ming Yuen).

AM BRIGHTER KOWLOON.

it has been 'decided that

the financial period shall end

on 31st December each year, the STAR THEATRE ENTERPRISE, accounts before you show, the re- sults of the working during tha The Star Theatre management Elx months, July-December, 1924 are to be congratulated on their The net profits of $109,404.51, recent efforts to provide Kowloon after allowing" for the full de preciation on the plant and pro

audiences with something different. perties, a bonus to the indentured from the entertainment, provided staff and half of the preliminary by the, silent drama of the screen. expenses written off, is, I feel sure.

The week-end programme which satisfac n

you

will

agree,

tary result. The period under re-featured Middle. Xenia Makletzovą view has been a most difficult one and her partner, M. Bines, in owing to the loen political trou-classical dunting attracted good ble, but in spite of the difficulties attendances, which thoroughly the telephone service was main-appreciated their graceful efforts. tained without interruption. The

It was impossible, of course, for staff, augmented by certain ladies, the prima ballerina to sustain the interspersed were pianoforte solos iong programme unremittingly, and

Mr. Aquino, a local tonor. by Mr. Harry Ore, and songs by

To-morrow the Hawaiians, with

who volunteered their services, cheerfully carried out long hours of duty and undertook unaccus tomed manual work, and I now express the Company's apprecia Elsie Maynard, who have been tion to them, and to the pleasing Queen's Theatre audi-

who

kindly sences, will give an evening per sisted the staff; of the services formance.

ladies

90

Bo readily given during the worst period of the trouble. The busi-

ness of the China and Japan Tele-be paid; that the sum of $25,000 phone and Electric Co. Ltd. was

appropriated to Reserve

be

taken over by us on 1st July, 1925, Account and the sum of $17,104.51 and all of our obligations under be carried forward to the next this head have since been met.account. I shall be obliged if a The London Company has now no shareholder present will kindly interest in the business other than second this motion. that of an ordinary shareholder.

The Hon. Mr. H. W. Bird

I am sure you regret with me seconded the adoption of the the untimely death of the late Sir report and accounts, the resoul- George Gibb who took such an lion being carried unanimously. Important part in the negotiations

BUSINESS MATTERS,

which finally led to the formation. Bird proposed. and Mr. of this company.

McNeill secunded the re-civction

As regards the future, you age of the Hon. Dr. R. II. Kotewall already aware that Mr. Weight-and Mr. J. Scott Harston as diree- man, a distinguished telephone ex-tors for the ensuing year. pert of international réputé select-

Messrs. Lowe, Bingham and ed by the Crown Agents. at our Matthews werd re-elected auditors request, to report and advice on at a remuneration of $2,480 on the present system in use here. the proposition of Mr. McNeill, arrived in December and went seconded by Mr. Walker, thoroughly into the questiont His report is now under consideration | and action will be taken as soon

amongst

A SHAREHOLDER'S DISGUST:

The Chairman announced that

as possible to improve the service. that was all the busines of the Whatever may eventually be meeting and Mr. McNeill 'rose to elded upon, however, owing to the draw attention to the fact that congestion

telephone only four shareholders were pre- manufacturers the world over, itent. He expressed surprise that must take the best part of two not only in the Telephone Com-' years from the date the order for any, but in all other loral com- the new installation is placed be-panies with which he was con fore, it can be in work here.ected, the shareholders look no Meanwhile your Directors

apparent interest in their own are financial affairs. He added that earnestly considering what mea-they were content to read the re- sures can be taken to relieve the ports in the newspapers and then congeated conditions in the main proceed to "chew the rag" as to exchange. When we are in a the best way of improving affairs. position to supply additional lines They were satisfied to argue we can look forward to a rapid instead of attending the meeting development of our business and putting their views before the There is already a healthy demand directors. It did not give the which is certain to increase as other shareholders a chance. conditions here become more nor

This meeting".. he said, "

mal Before moving the adoption

of the report of the directors practically a meeting of directors, with the audited statement of ne um disgusted."

counts it is necessary, to fulfil the The Hon. Mr. P. H. Holyoak, conditiona of the Companies replying, said it was rather ir- Ordinance, that I should read the regulur, but the directors apm) auditor's statement. I now move pathised with Mr. McNeill in his that the roport of the Directora, views. He felt sure that directors) with the audited statement of of any company welcomed criti- accounts and balance sheet for cism which was fair and which the period from 24th June, 1925 was constructive and not destruc (the date of incorporation of the tive. The directors would wel Company) to 31st December, 1925, come helpful criticism in pre- presented to the meeting, be and ference to having shareholders the same are hereby received, ap-whispering behind their backs. proved and adopted; that a divid- Mr. McNeill:-Yes, if they i end for six months to 31st Decem- would only come here and say what ber, 1925, at the rate of 8. per they have to say it would be much; annum on the capital paid up at nicer. December 81at, namely $1,625,000 The Chairman:-Hear, hear.

TO-DAY'S QUOTATIONS:

The following is the list of local share quotations i issuod-to-day-

Banks. Hongkong, $1,045 b. Chartered, 1 n.

Mercantile A. and B., £30 b. Mercantile C., £134 b.

P. and O., 49] n.

East Asia, $79 b.

Marine Ins.

Canton Ins, $620 h. Chind Underwriters, $2.00 ya. North China, Tls. 145. Unions, $285 SL Yangtze, $44 b.,

Fire Ins

China Fires, $165 b. Hongkong Fire, $560. b.

Shipping.

11,

Douglases, $30 h. Steamboats, $241 b. Tugs, $24 b Indo-Chinas, $38 Shell Trans., 90/3 b. Star Ferries, $65 Ha Waterbouts, $15. b. Oriental Nav., $250 11.

Refineries.

China Sugars, $29 b. Malabons, $39. n.

Mining

11.

Benguels, $1.50 1. Kailans, 42/6 D, “ Langkats, Tls. 23 h S'hai Explorations, Tis, 5.00 Shanghai Loans, Tls. 7 n. Raubs, $5.00, 1. Tronghs, 55 b. Ural Caspians, 8!-

Docks, etc. Kowloon Wharves, $132 sa. Whampoa Docks, $62 b. Bongkews, Tis. 170 b. New Engineerings, Tis, 5 82 Shanghai Dooks, Tis. 98 b.

Lands, Hotels, etc.

H. and S. Hotels, $9.50 H.K. Lands, $641 m. Realtys, $5 b Territorials, $5 s. Humphreys, 814 b. Princos Bldgs, $120 s. Rural Lands, $7.

Cottons.

Ewos, Tls. 9.40 b. x. div. Orientals, Tis.-3 n. S'hai Cottons, Tis. 54 b.

Miscellaneous.

Båt.

Amusements, $11 b Canton Ices, 87 n. Coments, $16) China Busos, Tis, 10. b. China Lights, 211 su. China Prov., $8.00 m Constructions, $39. Dairy Farms, $20 b. Der A. Wing, $10 n. Electrics, $69

1. `x, d. Macao Electrics, $40 n. Developments, 25 cents, n. Ropus S.

Tolop!

4-$34 h. Train $25) sa. Lano Craforda, 10 b Mackintosh, $211. Peak Trans. $161 b. Sinceros, $11 9. Taxis, $40.

1 .

United Asbestos; $20 n.. Watsons (Old), #11 Watsons (Now), $11 Powells, $10 A.

8,

H.

LANE, CRAWFORD, LTD.

FOOCHOW NOTES.

BANDITRY, RECEIVES

A .CHECK..

(Our Own Correspondent.)

at

VALUABLE HORSES.

£100,000 TRAIN LOAD REACHES NEWMARKET.

Newmarket-Racehorses valu- or at £100,000 travelled by special train froni. Devizes to the new training stables, here at Fitzroy. House taken by Mr. J. H. Craw-

and

The only hitch on the long journey was at Cambridge, when something went wrong with the vacuum brake, and the train was delayed by 20 minutes.

Undor the expert eye of Mr. Crawford the 35 racehorses de- trained at Newmarket.

Fooch:ow, March C During the fast few months i Is reported that no less than 40,000 I joined the "special" at Cani- people have left, the province of bridge, says a Home writer find- Fukien, en route for the warmering accommodation in the guard's and quieter regions of Malaya, van, and occupied the guard's Borneo, and Java. A large pro-hard, springless sent, while the

horses travelled "first-class portion of these have gone from the

inf country parts of Katien, and Miut-beautifully fitted horse-boxes,

Each passenger was attended sing. At length the officials have by his valet, or stable-lad, and become anxious, seeing the country "luncheon was sorved on route, side deserted, and many village as the horses were fod left with practically no inhabitants, watered, and have tried to persuade the people to remain. The reply was sufficiently adequate, viz. that banditry was so rife that life was .not worth living, and until conili-

tions improved, the population had. no alternative but to movo else- where. The officials, seeing the force of the argument, applied to

Their travelling costumes. wore then seen to be vory varied.i Fooches for help, and strong mea- isures have been taken to deal with

Some wore, scarlet head and) the bandits. Hundreds have been neck hoods, with their oyes show. decapitated. sometimes scorus

ing through large round holes a time suffering

others had no hoods, but sported} the extreme striped back-cloths; a few had penalty, and, at long last, more peaceful conditions are reported.ed bandages.

their legs swathed in grey-colour- How long this policy will be main-

When the last horse had stopp tained, and whether its resulted daintly into the station yurd, will, in the long run be satisfac- the long string, some mounted, and tory, are questions that the furture some led, went prancing, kicking must answer.

and dancing on their toes to their DIOCESAN SYNOD.

new training quarters. The 17th. annual meeting of the]

Mr. Crawford told me that it Synod of the Chung Hwa Sheng had been decided to move to New- Kung Hui, has just been beat, market because it was more (February 28th-March 3rd), in Fonchow, and has been, most in-

The most valuable horse-Fete was worth £12,000. Twenty- spiring and interesting. It is not six of the animals belong to Sir worthy that, while the reports Victor Sassoon, five to ME A. K. from the thirteen districts in te MacComber, ono to Mr. J. E. Diocese were uniformly glooger, Widaner, so far as the conditions went, yet" Langley, the financial position of the native! Church appears to be stronger. than ever. For this, no doubt the of 23, Graham Stroot, has boon } The body of Chinese fomalo, anti-Christian agitation is party takon to the Public Mortuary. responsible, for it has put the It is suspected to 'bo a case of Church members on their mettle, poisoning. and has begun to give them a healthy, Christian self-conscious-

HERS.

contral.

and ono to Mr.

A Chineeo male foll from 'the third floor of a house in the course of erection in Hollywood Road. What the Spring term may hold He was taken to the Government

Civil Hospital.

FOOCHOW SCHOOLS.

in store for the Foochow Schoolo no one can tell, but all the Mission Schools are getting under way Anding it hard to carry on. The with undiminished zast, with so-called Fukion University, start- larger numbers thun lust term. ed with a great flourish of trum- At the same time all the public pets a brief six months ago, his Primary Schools are still closed already come to an untimely end;) for the lack of funds, and 'mary its President having been accident- of the smaller private school,ally killed in Kwok Sung-ling's some recently-founded with a defidobacte in Manchuria. Moral Initu anti-Christian -purpose, are mind your own business. ·

ERVEN LUCAS

BOLS

LIQUEURS

ARE THE BEST THROUGHOUT THE WORLD

Sole Agents:

Four

CALDBECK, MACGREGOR & Co., Ltd.

15, Quoon's Road, G.

BRITISH

Wheel

Brakes

Telephono 75 Central.

SINCER

THROUGHOUT

THE CAR THAT LOOKS AFTER ITSELF

10/26 H.P. SALOON MODEL

35 MILES TO THE GALLON

Pneumatic Upholstery

Overhead

Valves

CARS NOW ARRIVING ARE SPECIALLY GEARED FOR HONGKONG

Full Perliculars from :-

GILMAN & CO., LTD.

HONGKONG BANK BUILDING.

N. Y. K.

WE HEREBY BEG TO ANNOUNCE THAT WE WILL NOW OPERATE THE FAR EAST SAN FRANCISCO AND THE FAR EAST SOUTH AMERICA WEST COAST MAIL. SERVICES ON THE SAME SCHEDULE AND WITH THE SAME STEAM- SHIPS AS HITHERTO USED BY THE TOYO KISEN KAISHA AND WILL BOOK PASSENGERS AND CARGO ON AND AFTER THE 15TH MARCH, AT THE SAME TARIFFS AS EMPLOYED

BY THE TOYO KISEN KAISHA.

WE TAKE THIS OPPORTUNITY TO SOLICIT THE FURTHER PATRONAGE OF THE GENERAL PUBLIC.

NIPPON YUSEN KAISHA.

Hongkong, 12th March, 1926,