1938-03-28 — Page 19

THE HONGKONG TELEGRAPH,

H.K. & WHAMPOA DOCK CO.

HAS PROFITABLE AND

PROGRESSIVE YEAR

(Continued from Page 1.)

little change from last year. 1 ven- lure to think, however, that it is a

than for more healthy overdraft marly.

Depreciation of necessity shows moderate increase in proportion to the increase of our plant, and is con- sidered ample..

PLANNED AHEAD

Had we

of the

During the years 1933 and 1030. sensing that the pulse of overseas trade was gradually getting stronger, we planned, un cautious lines, to be ready to move with the better times should they come along. not done this, we could never have taken such full advantage apportunities presented in 1938 and 1937, as we have been able to do. On the other hand, your Board does not intend to be carried away by n spirit of over-optimism, and re-

s'hat it

is its duty to conserve cognises your interests against the severe fluctuations to which all companies connected with shipping are subjeel.

It Is for this reason that we strong

recommend

the same ly dividend as lust

that Fund be $507,300 of the Reserve capitalised in the manner of which you have been notified, and that we make a fresh issue of $1,014,600 of the unissued capital at par, and so bring our capital more nearly to the figure it should be for an enterprise

such as ours,

only

year,

WU

bu!

INTEREST REDUCTION In the times are passing through, it is folly to prophesy, but inking into consideration the reduc- tion in interest which the new capi- tel will automatically bring about, your Board considers that there is reasonable prospect of maintaining the present level of dividend even

normal times,

in

|to render assistance to some of our owner friends. By Junding and stor- ing enrge on our property during the congestion caused by the hostilities in the North, we enabled some of them to keep their ships running which

would

suffered have otherwise serious delny,

We were also able to help in pro- viding accommodation "for" refugees, 150 putting up altogether about men, women and children without charge.

I feel therefore, Gentlemen, that, quite apart from the Ununcial aspect, the record of the Dock Company in 1937 is one of which we all may take a little pride. I believe that a spirit of temn-work and co-operation permentes this organisation, which has contributed very largely to our success during 1937, and which will enable is to face the uncertainties of the future with confidence and hope, present-day conditions we dare not speculate us to what that future has in store for us, but at any

Under

rate we ran and will work so that we deserve success.

I now propose the adoption of the presented Report and Accounts as and when this has been seconded, shall be glad to answer to the best of my ability any questions share- bokters may desire to ask.

BONDS TO BE PAID

POLICE RESERVE

ORDERS.

The orders by the Hon. Mr. T. H. King, Commissioner of Polleo, issued to the Police Reserve to-dny, are:

CHINESE COMPANY

Training Course-Part 11. The undermentioned members of the Chinese Company will attend Chinese Company Headquarters for. Part II of Training Course en Тиенину, March 29 at 5.15 p.m.

Constables R72 Fong Hing, R82 Stern Ho, R00 Yuen Sul Tang, R04 Lau Iung Kam, R01 Ya Shiu Tung, R89 Hung Woon Man and R03 Shlu flung Yuen.

Patrol Duly. Nightly between 8 pm, and midnight by members as detailed by the Officer in Chargo of Company.

INDIAN COMPANY Trnining Course Part 11. The of the Indian Company Headquarters at undermentioned members 5.30 p.m. for Part II of Training Course on Tuesday, Marely 20 under

S. R. 214 Chunnan Singh:- Constables R246 M. Y. Khan, R213 Korum Khan. Nur Ahmed, R287

Khan, R211 S. Aras, R215 Feroz R223 Firdos Khan, R229 M. R. Maik, (221 8279 Mle Walfi Khan, and

kim All

Patrol Duty. Nightly between 6 p.m. and midnight by members as detailed by the Offeer in Charge of Company.

MONDAY, MARCH 28, 1988.

Gang Tortures Victim, Finds Rich Jewels

Woodsburg, Long Is. Mar, 27. Four unmasked intruders en- tered the residence of Mr. Charles pillgrim, a New York dress shop executive, bound Mr. Milgrimi. his wife, two children. the governces and a negro man- servant, and then burned Mll- grim's feet with cigarettes anul he disclosed the biding place of $93,000 worth of jewels and $1,700 in cash,

After this they remained li the house for an hour ransacking....... the place.

This is the fourth similar rob- bery in this vicinity during the past year.-United Press.

GENERAL PERSHING RECOVERS

Tucson, Mar. 27.

Dr. Davison to-day reported that General Pershing had greatly im proved in health, and he hoped to be able to allow him to attend his son's wedding in New York on Apr 22. tional patrol for members of the Fly-10 act as best man-United Press.

FLYING SQUAD

Instructional Patrol. An instruc-

The Report and Accounts were secunded by Mr. Marshall wise suid: The results of last year's working is due in no sinull part to the hard ing squad will be carried out on efforts on the part of the staff. There Friday, April 1. All members will

of has been an enormous amount

Dress-Blue Uniform, and 5.15 pm work to be done as some of us whole at Central Police Station at have Ind the opportunity of looking Cap with White Cuver, is gratify IL round, the yards, know,

og to find that recognition of the staff's efforts is being made by bonus and I hope it will be as heartily received by them as shareholders will receive the distribution of

profits.

We have been told that the Company The capitalizing of the Reserve has made itself more efficient; that Fund will require a resolution, which is a welcome statement, due partly will be put before you later.

to the modernisation of the plant other The

re we can look back on the past year appropriations commended are considered essential with prides thanks to the work also by the

Board, feel and

sure will of the Directors and the loyal work meet with your approval.

of the Chief Manager and the co- Having regard to the present wide operation of his staff which has fluctuations in the cost of materials, brought about these splendid results. particularly of non-ferrous metals. It is not for me to say what the future it is only prudent to make provisions huis but, under the present organi- against a further decline in value, sation. I think we can safely say that to the exent of $150,000.

It is also necesanry that we create the black days are past and we can lookt forward to the future hope-

"The Repor! and Accounts were adopted.

a special reserve of $350,000 to meet fully. the cost of a new heavy engine shop un a site much nearer than The present shop to the large ships along- side and in the larger ducks.

COSTLY BUSINESS

Strength Constable R360 Harry Bong Sling has been taken on the

the Flying Squad as from strength March 20.

EMERGENCY UNIT RESERVE Motor Patrok A motor patrol will be carried out by members of the Emergency Unit Reserve on Wednes- day. March 30. All members will parade outside Queen's Pier at 5,30 p.271. Dress-Optional.

C. CHAMPKIN.

D. S. P. (R)

"HUNCH” LEAD TO ABSCONDING FOKI

CANTON SHOP-KEEPER "GETS HIS MAN"

TROOPSHIP ARRIVES

RADIO BROADCAST

"Musical Hall" and Other

London Relays TCHAIKOVSKY CONCERTO

Radio Programme Broadcast by Z.B.W. on Frequencies of 845 kc.c.'s, 0.52 in.c.'s. per second.

8.03-11.0 Chinese Programme, 6.0 Relay of Dance Orchestra from the Roof Garden of the Hongkong Hotel.

B) Little Old Lady; b) I've hitched my wagon to a star; e) I'm like a fish out of water; d) Shiver solla on Moonlit waters.

5,15 Interval of recorded Dance Music from Z.D.W.

5.20 ) When you hear music; b) Kiss me good night; e) The Donkey serenade; d) You're laughing at me. 5.35 Interval of recorded Dance Music from Z.B.W.

5.40 a) The Big Dipper; b) Love is never out of Season; e) Midnight and

usic: d) The Snake Charmer. musle;

5,55 Interval of recorded

Music from 2.B.W.

Dance

0.0) Moonlit Waltz; b) Pity me;

c) All the way from Ireland.

6.15 Interval of recorded

from Z.B.W.

Music

Dance

6.20 ) My little Grass Shack; b) Sing; e) Riverboat Shuffle.

6.30 For The Chlidren, Childhood Memories (Arr.Somers). London Palladium Orchestra conducted by Richard Green: Nur- sery. Night Ride-A bedtime fantasy (Crowley). D

Drum Martin and His Band from the Holborn Res taurant, London with vocal chorus; Christopher Robin Is Saying His Vespers-From "When We Prayers Were

and Young Ming Fraser-Simson)..... Turner Layton, 0.45 London Retay-Music-Half'. With Tho B.B.C. Varlety Orchestra, conducted by Charles Shadwell.

7.45 Closing local Stock Quota- tions.

H.M. Troopship Dilwara arrived in Hongkong this

from morning Southampton, with a large body of offlcers and men for the Hongkong and other Far Eastern garrisons.

TO HONGKONG

7.50 Concert Waltzes. Beauty Waltz

(Composer Un- known): Waltz of Russian Melodies Novelty Orchestra; His Dreamy Waltz (Composer Unknown).... Russlan

(Arr. Schwartz). Novelty Orchestra.

Russian

8.0 Local Time Signal, Weather

Mrs. 11. B. Holt, wife of Lieut. Report and Announcements.

Col. Holt.

Royal Artillery.-Major J. H. E. de Haebeck, M..E., Major G. E. Pris- mall, Capt. and Mrs. C. A. Fisher, Licut. A. 0. G. Mills, Lleut, J.

Mathews, Lieut. C. Rochfort Boyd, Mrs. W. 3. Smith, wife of Bdr. Smith,

8th. Heavy Bde. R. A.-One trum- peter.

gunner.

8.03 Chinese Programme.

0.0

པལ

Chinese Programme--Relay from Lee Theatre.

11.0 Close Down.

Radio Programme Broadcast by

ZEK on a Frequency of 640 Kilo cycles.

8.03 Schubert Composlilons.

Marche Militaire, ... San Fran- cisco Symphony Orchestra conducted Alfred Hertz; Aufenthalt; Der by 5th. Anti-Aircraft Bde., R. A-One Doppelganger. Alexander Kip- nis (Bass) Frunk Ribb at the Plano; And Violin In A Duo For Plano Hongkong & Singapore Bdc., R. A. Major, Op. 162. Sergei Rach- BQMS. and Mrs. H. G. Searle,

Royal Engineers.-Major E. H. L.maninoff (Plano) and Fritz Kreisler (Violin): Die Post; Wohin?: In Jacobs-Larkcom, Major H. de L

Abendroth: Die Vogel. Elizabeth Paret, Capt. E. C. Nottingham, Capt.

(Soprano) accomp. by and Mrs. D. M. J. Murray, Licut. R.

Karl

Alwin (Piano); Seiree Dc W. C. Smales, Leut R. E. Young Vienne No. 6..... Wilhelm Backhaus two Sappers.

(Piano Solo); Schubert Waltzes..... Royal Engineers (Est).-Wite of Orchestra conducted by Sgt. Shearman.

Not only is transport from the existing shop a costly and lengthy business, but the congestion in it is

Schumann On the motion of Mr. Croucher becoming serious. It was last ex- tended in 1920, but in view of its in-seconded by Mr. Ramsay, the Hon. convenient location, further enlarge Mr. Paterson was re-elected a Diree evening ment is undesirable and uneconomi- tor. cal.

our

1. Lirect before Mr. Q. A. A. Muc-

The Chairman announced that Mr. Felix A. Joseph had written to say that he was uncertain when he was A Canton shop-keeper's "hunch" returning to the Colony and the meet-whitch brought him down to. Hong- ing was got, therefore, concerned with kong in search of a foki who had $5,000 Chinese his re-election to the Board of Diree- absconded with

currency proved a good one when he turs.

saw the wanted man in a mah-jongo school in Temple Street on Sunday

Long, 23, was arrested and The Hon. Mr. Dodwell was confadyen it the Kowloon Magistracy During the year we trebled

firmed in his Directorship on the this morning. The sum of $1.792.60 stcel furnace capacity and have made motion of Mr. Sewell seconded by Mr. In Canton moricy and $007.75 in

Kopa-kan. our first large stern frame-the nut weight of the heavier portion bring

The re-election of Messrs. Lowe, Hongkong currency had been found

In his possession. 3.3 tons. I mention this to indicate Bingham & Matthews and Messrs.

Sub-Insp O'Donovan suid the that technical progress is keeping up Percy Smith, Seth & Fleming as money had been missed on March with the increasing calis made on us, auditors was approved un the motion 10, and the foki disappeared on Sun- and la being maintained in all depart of Mr. Poits seconded by Mr. Abra-day

The shop keeper. Tam Yu-fai, chine to Hongkung and saw his foki hat very evening in -maki-jon(1) schnal.

Chu was sentenced to three months ad labour, and in addition Was ordered to pay Tan $100 for the cost

ments.

Last year i was able to inform shareholders that we held, a sub- : licence from Harland and Wolff for

Lu

hian.

CAPITALIZING PROFITS

The meeting was followed by an the building of Diesel Engines of the extraordinary general meeting of the Burmeister and Wain type. We now Company at which the same persons

were present.

of the search or undergo a further ree months in cool. He was also recommended for banishment.

The money recovered was returned

Tam.

TO SHANGHAI"

of

Gochr.

Royal Corps of Signals.-Wife Sgt. G. Gibson,

2nd. Un. The Royal Scots.-Brevet Lieut.-Col. and Mrs. M. Carr, 2nd

B. A Lleuts. N. H. Cuthbertson, Fargus, D. G. Gibson, Cpl. and Mrs. J. Fergus, wife of Pie. D. Shields..

ist. En. The Middlesex Regiment.- Wife of Major L. A. Newnham, wife of C/Sgi. W. J. Tibble, and wife of Leo Sheffield-Arthur Ple. R. Breen.

9.0. London Relas-Empire. Ex-. change".

Points of view by travellers from the Dominions and Colonies,

9.15 Excerpts from Gilbert and Sullivan.

Iolanthe 'folunthe'-Selection; "Pirates Of Penziner-Selection.

.... The Band of H. M. Coldstream Guards cond. by Lieut. R. G. Evo "Trial By Jury": A Nice Dilemina. Hosking- Derek

alham-George

Baker-Wini- awson and Chorus: 1 fred Lawed

I Love Him. Lawson-Derek Oldham

York and Lancs. Regiment-Capt.

C. Tracey, and Mrs.

Wife of Sgt. Quinnell. R. E. L/Cpl. and Chorus: The Question, Gentle

meni

Oh, Joy Unbounded. Forbes, Seaforths; 1st Bn. Seaforth Highlanders.-Set. and Mrs. J. Cava- Shefiled-Arthur

nagh vates.

Leo

Hasking-Winifred

L/Sgl. J. Mackenzie; 35 pri-Lawson-Derek Oldham and Chorus.

9.30 London Relay--The News. 9.50 Songs

by Paul Robeson

(ass).

have orders for five engines. 4 very gratifying sequel to that statement. Our Giant crane has passed its tests

Mr. Cock read out the following with no difficulty of any kind, and is Resolution for the purpose of con- now connected up with the Kowloon-sidering which the meeting was call- Canton railway. The tests have beened: "That it is desirable to capitalize witnessed by Lloyds and other society the sum of $307,300.00 being part of Surveyors and our Civil Engineer adhe undivided proẞts of the Com visers, and certificates obtained from standing to the credit of the

INJURED IN FIGHT accordingly them.

pany's reserve fund for the purpose of effecting such capitalization in pursuance of article to his right eye as a result of a fight, 122 In my early remarks I made pass-1 (a) (b) of the Company's Articles Lee Yuk, 17, was inken to the Queen and Mrs. W. Russell, Lleut. (Q.M.) the Alm).

Association a bonus

bonus of $2.50

Mary Hospital yesterday. per share

shares on the issued think its magnitude and its results Company be and the same is hereby call for something more from me.

While it may be difficult for us not

RESULTS OF TYPHOON

ing reference to the typhoon, but

rid

are

of the

Said to have received the injury

Corps.

Royal Army Chaplains Depart- ment. Rev. S. Hinchcliffe.

Service Royal Army Major and Mrs. D. F. L. Campbell.

Royal Army Medical Corps.-Major

* It Take A Long Pull To Get There (Gershwin); Lullaby (Heyward and Gershwin); Song Of Freedom (From

10.0 Variety.

W. V. Dixon, wife of S/Sgt. W. Pal- wife of Sgt. R. Buchan: 1 terson, N.C.O

corporals und 7 privates. Any Ordnances Corps.-S/tem Royal are Comdr. and Mrs. V. Ebbage, wife of takes

Army Educational Corps.- wife of

Organ Solo-Jan Klepura Film Melodies..... Marcel Falott; Vocal Remember Me (From Mr. Dodd

the Air');

Here Comes The Sandman (From Mr. Dedd takes the Air').

Elsle Carlisle; Piano Solo 5010 In Domsel

Distress Selection: Patricia Rossborough; M.P. S.C.-Wife of 1/Cpl. A. Moor- | Medley, gle-Serenade In The

and Mrs. E. Whitton; one L/Cpl.

(Bixio-Cherubini-Kennedy); Corps of Military Police.-L/C. Night

Slippery Fingers (Smeck), estra Keulon Hawailan Players; Oscitestra Milongul-Tango (Delfino-Lining); Curlno

(Canoro-

declared and that the Board of Direc-sucht bonus by the distribution tors

hereby Lo and

Amongst the members who to recall the oki proverb that "It's authorised to satisfy such bonus by registered as holders of the issued SM. L. Wyatt. an i wind that blows nobody, any the distribution amongst the persons shares of the Company on the 28th good," these cataclysmie storms bring widespread distress and worre to far who are registered as holders of the March, 1938 of one bonus share of Sgt. R. Macklin too many of those who go to sia for present issued shares of the Company $10 each fully paid up in respect of their livelihood. The fortitude of on the 28th day of March 1938 of one

issued shares of

of their shares held. I don't think the officers and men who kept the sen Company credited as fully paid up again which is rather lengths, and to read the resolution during

thast terrible night of September I when the wind reached in respect of every four shares of the with your approval, will take it as the highest velocity, ever

held recorded Company by

the resolution is

passed, aforesaid

that

and

such

such persons as

new shares

rex each

craft.

Q.ALM.NS..-Matron (Miss) E. M.

Hawollan

The

here, is beyond praise. And so too pari passu with shares already shareholder will be allotted tuddock; Sisters Miss A. M. Price Gaucho-Tang has been the work of the men enged as from the 1st day of Jute few share of $10 each tully paid up return by the Dilwara and disembark | Francisco, Camaro with vocal refrain.

nged in the salvage of the victims at

1 next.

one and Miss L. R. Wilkins, who will

Demure-Paivn),

Byn)..... Orquesta Tipist in respect of every four issued shares at Egypt.

10.30 New Dance Records, the storm. In most cases there were 1838 with regard to dividend and that held and such new shares will runk

Royal Corps of Signals.-One Doner Orch. When risks to be taken and in one at least the Board of Directors

dividend from July

My Heart to share-for there was real danger to our staff, heiders holding a number of shares Fractional certifeater will be issued Private.

2nd, By. The Loyal Ragiment. Says Sing-Fox-Trot (From 'Let's

make We exercised the most painstaking which is not a multiple of four, an respect of the odd share or shares and/Lieut. A. W. McCreary,

of it'): night

it'); You've Gotta care for the safety of the men so

Take Your Pick And Swing (From fractional certificate in respect of the (if any) in the denomination of one

1st, B. The Durham Light InfanLet's make a night of expused, but I deeply regret that in odd share or shares held by them and fourth of a share each. An allo-try.-Lie-Col. W. A. Grey Wilson, spile of our efforts, six workmen allot one new share to every person ment of one new share will be made Capt. G. OC. Rogers. Capt. 3. H. Amazon Gues A-Wooing--One-Step Ronnie Muro And His Orchestra; lost their lives in the salvage of the who

produce (within shail

such on request in exchange for Calamba in peculiar circumstances period as the Board of Directors shall four fractional certiftentes. Fractional rand/Lieut. J. O. Collingwood; (Sid Phillips); Glamour Girl-Fox- which could not have been foreseen. determine)

une private, fractional certificates certificates wil

Trot right to carry no

(Strauss-Dale)... Jack Har- You will be interested to hear that making in the aggregate a total of participate

In my o

dividend

Royal Army Service Corps.-Wife of ris And Ifis Orchestra; Toot, Toot, and It we salved or rendered assistance to one share

anel

tructional is therefore advisable to thant

certificates or pur-

H. Cooper; one corporal.

(Sarony and Holmes); Follow The chase additional fictional certificates of Sgl. W. T. Roberts, wife of Cpl. New Mayfair Dance Orchestra cond.

Royal Army Medical Corps.-Wife Band 0/3 One-Step (Shrony). making in the aggregate a

total of one shore, to obtain the full benent. Gover: nae N.C.O., one privnic. by Rennie Munro vocal refrain by

There is nothing further for me

M.P.S.C..-Wile of Sgt. LJ.C. Mun Leslie Sorony: Me And My Girl- day, and wife of Sgt A. Hopkinson. Fox-Trot (From

the Alm); Lambeth Wife of L/Sgt. Stennett. that all

Trol (From

the

film). Munro and His Orches fra, with vocal refrain: On Linger Longer island-Fox-Trol (Kennedy- Carry); Please Remember-Fox-Trot (Denby and Watson)Jack Harris and His Orchestra with vocal refrain by Sam Browne.

11,0 Close Down,

a very large number of ships, the certientes shall carry no right in your fractional to either sell Sgt. F. E. Gazeley, wife of Cpl. C. Tootle On Your Flute-Fox-Trot

most important af which were the participate in dividends." "Conte Verde," Talamba," "Gertrude

"Feng Lee."

Macrsk." "Kausing,"1

MR. DODWELL EXPLAINS

TO TIENTSIN

ist. Br. Lancashire

Fusiliers.

"Eng Lee," "Produce," "Shenandoah," "Emmy" The Ilon. Mr. Dodwell unit: the to add except to say that the Board and "Indin." Most of these ships purpose of this meciing is to deal of Directors has decided sustained considerable damage and with the resolution set out in the fractional certificates aggregating o na cach of them was floated, she was notice sent to each shareholder call- total of one or more complete shore docked without delay and repaired ing this extraordinary general meet- expeditiously, thanks to our having ing. Under the Arlicles of Assol must be lodged with the Company Capt. N. O. 1fill,

June | on or before June 1, 1938, after that on hand sumelent steel for the pur- tion of the Company it is necessary date the right to request an allotment Royal Ariny Service Corps-One

before

any part of the undivided in respect of fractional shares will Private, profits can be capitalised to pass upsc.

A

Royal Army Medical Corps.-One resolution to that effect in

Heneral

Private

¿pose.

STAFF PRAISED

SWALLOWED POISON -

I now formally beg to propose the To all be extra work entalled by meeting. Your Directors recommend

*** resolution 13 read by the Chief This catastrophe, your staff, both that the sum of $807,300 being European and Chinese, responded in of the undivided profits of the Com Manager and will be glad if some

manner which deserves the ads pany landing to the credit of the one will second it.

↑ The "Hon.” Mr. Paterson seconded A polico report alates. Ihat "Chlu mirallon and the thinks of all con- Company's Reserve Fund Be capitalls-

ed and that a bonus of $2.50 per and the resolution was approved. Yim-ching, 18, yesterday swallowed Vinother, abnormal happening dur- share on the lasted shares be de- This concluded the business of the Jeyes Fiuld in mistake for soda 7.7 autono/Lound us ablo and, and clared and it is proposed to satisfy meeting,

water. Chlu was sent to hospital.

Walonnie

MOTOR CAR STOLEN

... MẸ, Monnifig of 59 Magazine Gap Road reported to the police yesterday that his motorcar was stolen · from: "outalde his realdonce:

NEW

SPORTS SHIRTS

Made of fine KNITTED cotton

not woven — which accounts, for their clastlelty and comfort.

Half sleeves, short front opening, attached collar a Tie is Just

a matter of laste.

Navy bluc, saxe blue, canary, maroon, green, belge and white.

$4.00 each

Less 10% cash discount

MACKINTOSH'S LTD.

MEN'S WEAR

SPECIALISTS

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The Prestige it com. mands is built on

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A

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