1929-05-07 — Page 9

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Telephone Central 518.

The letters GEC are

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ASAH

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MITSUI BUSSAN KAISHA, LTD. HUNO

E. HING & CO.

SHIPBUILDING MATERIALS, SHIP CHNDLERS HARDWARE MEROHANTS.

Wing Woo Stroet

PHONE:-CENTRAL No. 1116. { Tal. Contral 25.

TELEGRAPH,

SHANGHAI RACES.

SPRING MEETING OPENS YESTERDAY.

The spring race meeting at Shang- hai opened yesterday before a big crowd of spectators. There were thirteen races, only two of which word over a mile.

TUESDAY, MAY 7. 1929.

AUCTION DISPUTE.

KEEN COMPETITION AT P.W.D. LAND SALES.

A dispute between two rival bidders who both claimed to have offered the highest bid, momen- tarily held up an auction sale of Altogether there were 270 ponica land at the offices of the Public entered from 110 stables. Mr. Tocg Works Department yesterday after- tops the list with fourteen, closely noon. The property auctioned followed by Mr. Day, Mr. Evo and was a small parcel of land, regis- Mollers Ltd, with twelve each.

tered as Kowloon Inland Lot No. 2185. Although measuring only 17,000 square feet, it was a much fancied site, bordering as it doos Prince Edward Road, which is likely to ba the main artery of a rapidly developing district.

In view of the large number of good ponies now in Shanghai, there is a ruling whereby, ponius may qualify for the Champions without running at the spring meeting, and it is in teresting to note that the following have already qualified: Alligator, Alverbank, Astrup, Don Philippe Education, Firefly, John Willy, Jupiter, Kesorn, Master Six, Nith Pat, Royal Lancer, St. Patrick, Tavel, The Jay, The Snake Bird, Thistle down, Tyne 11, Umpqualand, Wedding Eve, Wheatcroft, White Rosemary, Zanzibar.

Wheatcroft woh the Spring Cham- plons in 1928, with White Rosemary, second, and Alligator, third. Busy Boo won the Autumn Champions 1928, with Wheatcroft second, and Alligator | third. It will be noted that Busy Bee has yet to qualify. The pony is now owned by Mr. Eve. Bury Boo was formerly owned by Mosers, Fred Elias and V. Halmovitch

follows:

The first day's events resulted as The Wel-bal-wol Handicap. Soven Furlonga.

Mr. Matsumoto's Nationalist II

(Judah), Mr. Liddell'i Ben D'or

1

(Raimovitch) 2 Mr. Toog's Spearmint. (Dallas)

Time: min. 48 secs. The Hart Legacy Cup.- Mlle. Mr. Day's Peppyland (Dallas) Mr. Tocg's Nith

(3) Mr. Evo's Wedding Evo

(Haimovitch)

Time: 58 4/5 secs.

The Hongkong Pinte-Seven Furlongs. Mr. Day's Dare Devil (Dallas) We Two's Shorty McGen

(Maitland) Mr. and Mrs. A. V. White's White Rosemary (Collaco)

Time:-imin. 63 2/6 seca,

The Griffin Plate-Mile. Lounder and Co.'s King lice

(Colluco) Mr. Eye's Unity Eva

(Haimovitch) Mesara. Law and Hickling's Glen Gyle (Needa)

Time: min. 31.3/6 ees, The America Challenge Cup, atul Cathay Stakes-1 Miles. Mr. Liddell's Wheatcroft

(Brand)

Mr. Eve's Busy Bee (Haimovitch) Mr. Allan's Michigan (McCunn)

Time:2amina. 40 3/5 secs. The Flying Handleup A Class, ——-—--- One Mile. Mr. Massachusetts Cowbay

(Judul:) Mr. Bicolare's Tavel (Brand) Mr. Moyrek Wiki Wiki

(Hurris) Time:-2mins, 14 2/6 secs.

The Flying Handicap "B" Class- One Mile.

In consequence, there was keen competition at the sale, some four, ar fiye bidders forcing up the price hetween them, until within a few minutes of the commencement of the bidding, the figure had risen, by bide, of $100, varied by two offers of $200, to the total of $13,200. At this figure, a sale appeared, to have been effected, with the fall of the hammer, but immediately afterwards, two bid. dors came forward who both claimed the property.

A provision in the conditions of sale had provided for such a con- Ungency, and the auctioneer air- nounced that the property would inve to be put up again. Accord- ingly, the anle was re-opened upon the basis of the last and highest bid, and with two bidders com- poting against each other, the Crown was further benefitted to the extent of $900. At $14,100, the property was sold to Miss H.M. Gomes, agent for the estate of the late Dr. H. A. Gomes,

Attention was drawn by the Auctionear to the special condi- ations of sale, which stipulated that not more than two houses should be erected on the lot. Such build- ings must be detached or semi-

1 detached houses of European type,

2

not exceeding 35 feet in height, and their design also must be sub- 3ject to the special approval of the

Director of Public Works

1

3

Somewhat similar conditions were also attached to the sale of a second lot, situated near Prince Edward Road, within close dis- tance of the first lot, and regis- tered as Kowloon Inland Lot No. 2176. It has an area of 39,000 aquare feet, and at the upset prico of $19,500 was a tempting offer.

However, only one other. bid beyond the original bid was forth-. coming, and this came, somewhat, 3 reluctantly from a Chinese con- tractor. The first bidder promptly raised the figure by another $100, and meeting with no further com- petition, secured the property at $19,700. The price works out at a little over 50 cents per square foot.

1

Aitch and Jay's Raftery (Jack) Mr. C. Knight's Cherry Brook

(McCann) Mr. Liddella Sunnycroft II

(Needa) 3

Time: mins. 18 seen, The Chinese Cup and Criterion Stakes (Classic) Mile.

J. Boudin and M. Spoolman's

Zanzibar (G. A. Pollock) 1 Mr. Eve's Quiet Eve (Haimovitch) Mr. Toe's Alligator (i)

Time: min. 0 4/5 secs.

The Pou-Ma-Ting Cup.-1 Mile. Mrs. Gaby Speelman's Le Corɛdire (Harris)

The memorandum of purchase showed that four different men being Jan Con-sang, S. P. Tam. participated in the purchase, there

and the representatives of Ma Chow-yeung and Wong Chee.

•

COMPANY REPORT.

ין

CHINA FIRE INSURANCE CO.

The report for presentation to the shareholders of the China Fire In- 1rance Company, Lad, at the sixtieth ardinary meeting to be held on May 24 states:

Mr, Eve's Banquet Eve

(Haimovitel) 2 Law and Hickling's Glen Finnan (Needa)

Time: 2mins, 11 4/5 secs.

The Nanking Cup- Mile. Mr. Dixie's. Copper (HATRIA) Mr. Day's Go-on-Land' (Dalina) Allan and Davis' Poitre! (Davis)

Time: 1min. 36 3/5 secs.

2

The Eclipse Stakes--1% Miles Law and Hickling's Glen Dochart

(Neoda) 1 Winsome and Hasty's The Dipper (HM)

(Dallas) 3 Time-2mins 52 3/5 secy. The Tsingtao Cup Seven Furlongs, Mr. Kenjoy's Purple Diamond

(Brand) We Two's Big Ching (Encarnacao)

CHI

The Board has now to lay fore the shareholders a Balance Sheet can- taining a summary of the property Company and abilities of the on the 31st December, 1928, and n Statement of Working Accounts,

the interim dividend of $2 per share 1927 Account: Afier payment of

passed at the last annual meeting, there

a balance remains

of $476,630.19 as per annexed statement,

The Board recommends that a final

of dividend $0 per share and a bonus

Mfrs, R. J. Paterson's Pink Ticket dividend of $0 per share on 20,000 shares be paid to shareholders, ab- sorbing $300,000, and that the balanço he carried forward to Underwriting Suspense Account to close the account for the year 1927,

Mr. Toug's Kecora

Miles.

Time: 1min, 56 4/5 Boca, The Chinwangtao Cup-1 Mr. Liddell's Kingcraft (Reiber) 1 II. Le Moullec and 8. R. Owen's

Spark H (Heryberg) 2 Mr. Bowford's Tabbycat (Tingle)

Time: 2mins, 51 4/5 sece.

"LADIES' GOLF.

COMPETITION AT DEEP WATER BAY.

1928 Account: The balance of working account on the 31st December, 1028, wan $967,311.24 as per annexed statement.

The Board recommend that an in. torim dividend of $3 per share" bo

paid to shareholder, absorbing 880,- 3000, and that the remainder be carried

forward.

Directors.

Since the last general meeting. Mr. Arthur Macgowan, Mr. T. G. Woall and. Mr C, G. S. Macke resigned from the Board, and Mr. John A. Plummer, Mr. J. P. Warren and Mr. L. J. Davies havo. Joined the

A competition for a prize given by Board,

Mrs. Piercy has been arranged lo In accordance with the Articles of place at Deep Water Bay. The Association. Mr. J. Owon Hughes and i play, Mr. W. H., Bell retiré, but offer

take

conditions are 18 holes matered themselves for re-election.

half difference of handicap

The first round has to lin playet hy

May 21, the second by June 4, the

Auditoru,

Messrs, Lowe, Bingham and Mat-

third by June 18, the semi-finals by thews and Messrs. Linstead and Davis,

| July 2 and the final by July 80.

Chartered Accountants, retire, but

The following is the result of the offer themselves for re-election. draw:

Byen-Lady Marcin Miles v Mrs. Llasaman.

First round-Mra. Lewis -v Mrs. Parker: Mrs. Haslam v Mrs. Dunnett; Mrs. Evans v Mrs. Beamish; Mrs. Syme Thomson v Mrs. Whyte-Smith; Mrs. Byron v Mrs. Morrison: Mrs. Sandura v Mrs. Oliver; Mrs. Fearca v

THE DAVIS CUP.

AMERICAN VETERANS

OMITTED.

Philadelphia, May G

Mrs. Fleming: Mrs. Davey v. Mrs. In a trial match Veterans v Colts, Tinson; Mixs Black v Mrs. Cameron; Tilden and Hunter went down beforg Mrs. WATC Nrs, Roboris; Mrs. Hennessey and Van Ryn and henco Robinson v Mrs, Brown; Mrs, Ross both have been omitted from the Davis Miss Dger.

Cup team against Canada, Which con- Byes. Mrs. Sherry v Mrs. Mc-sists of Hennessey Lott, Van Ryn Eachran.

and Allison-Renter's American Ser-

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