Page
January 12, 1901.7
that is, the sun must not pass from one sign to
anothér
The Chinese moons, instead of months, have an advantage over our system, inasmuch as they are natural divisions. Their calendar, too, has the charm of variety; while the twenty-four solar stations, which are quite independent of the moon, fix annual epochs for agricultural and other purposes.
The Chinese calendar, more or less in its pre- sent form, is of very old origin. Errors crept in naturally in the course of time, as they did into the Julian Calander, and the first Jesuit missionaries turned to good account their mathematical skill, by proving the inaccuracy of the native calendar upon occasions of sclipsse. Fr: Schall was the first to introduce corrections, and Fr. Verbiest, in the time of the Emperor Kang-hi, drew up the calendar in its present form, carrying his calculations as far as the year 20201 His calendar has been faithfully followed ever since, with some rare exceptions, as when the year 1894, or rather the 20th year of Kwang Han, was curtailed of a day, on account of the disastrous war with the Japanese. So, whatever our Cantonese astronomers may says we shall probably have our Chinese New Year holiday on Shrove Tuesday, February 19th, and not the day before.
SAM-PA-TSAI.
THE BOXING ENTERTAINMENT.
TO THE EDITOR OF THE “DAILY PRESS.”
Hongkong, 9th January. SIE-I am surprised that you, the editor of an influential public journal, should be bold enough to state that a sight worth seeing is that of two men trying to pummel each other till one or both can scarcely stand. This practice of prize-fighting (for last night's exhibition was nothing else) is not allowed at home, and why Sir Henry Blake should allow it here, and what is more, tacitly sanction it by appearing incognito, is a matter which passes my comprehension. It is all very well to talk about the “noble art of self defence"
bringing out all the latent good qualities in a man,and making him a unit not to be despised in the personnel of the British Army and Navy; the simple truth of the matter is that these exhibitions degrade the man, and, as can be seen in the ungovernable fits of temper that in almost every instance take possessions of one or both combatants, serve only to bring out all the brutal instincts in his nature. This degrading influence in a lesser degree extends to the spectator, as could be witnessed by any one in Queen's Road last night long after the close of, the proceedings in the City Hall.Yours, &c.,
... DISGUSTED.
[Our correspondent is mistaken. There was no prize-fight" on Tuesday night. Glove- fights under Queensberry rules are permitted at home as here. Our representative witnessed no brutality, for there was none to be seen, at the City Hall. As for the conduct of spectators after leaving the building, that is to be at- tributed to a far more potent reason. Ed. D.P.]
CHINA OVERLAND TRADE REPORT.
traordinary general meeting of the company on the 22nd of December, 1900, be and is hereby confirmed:"That the following Section be substituted for Section 2 of Article XVL, namely:-2-The general managers may from time to time advance and lend for the purposes of the company such monies as they may think necessary or desirable, at such rate of interest, and upon such terms as they may think fit, but so that the total amount for the time being so advanced and lent shall not at any one time exceed the sum of two millions of dollars. All advances and loans which up to the date hereof have been made by the general managers for the purposes of the company are hereby agreed to and confirm ed, and shall be deemed to be, and shall be part of and included in the said sum of two millions of dollars, and as security for the said sum of two millions of Dollars and every part thereof the general managers may from time to time mortgage or charge all or any or either or any parts or part of the company's property, lands, stock-in-trade, machinery, goods, chattels and effects."
Mr. T. F. HOUGH seconded, and the motion was carried unanimously,
The CHAIRMAN-That is all the business. before the meeting, gentlemen. I am, much pbliged for your attendance,
THE WANCHAI WAREHOUSE AND STORAGE CO., LIMITED.
CHINA PROVIDENT LOAN AND MORTGAGE CO. LIMITED.
The is the following report for oral meeting of the above Company, to to the shareholders at the fourth ordinar
at the office of the General Managers on day, 16th January, 1901, at 12 o clock noon.
Annexed we have the pleasure to lay ber shareholders a statement of accounts made to 31st December, 1900.-
The gross earnings for the past year amount to $104,302,23 and after deducting all ex remuneration to General Managers, Consulting Committee's and Auditors' fees, there remain
balance of 881,672.64 which it in recommended be appropraktoserve, fundamenta
as follows, vis To place to res
To pay a dividend of 8 per cent To carry forward to the credit
year's account.
of next
་་་་
825,000.00 58,000,00
672.64
Under the resolutions passed at meetings held on 23rd January and 8th February last, the paid up capital of the company has been raised from $500,000 to $700,000,
CONSULTING. COMMITTEE.
In accordance with the Articles of Associa
tion, Messrs. J. H. Lewis, J. 8. Van Buren, Chow Hing Kee and Chau Tung Shang retire, but offer themselves for re-election.
AUDITORU.
The accounts have been audited by Mes F. Henderson and W. H. Potts, who are recom. mended for re-election.
SHEWAN, TOMEs & Co., General Managers.
The following is the report of the above Com- Hongkong, 9th January, 1901. pany for presentation to the shareholders at the tenth ordinary annual meeting, to be held at the offices of the General Managers, at 3 o'clock in the afternoon on Monday, the 14th January,
1901.
The General Managers beg to submit to the shareholders their report on the working of the Company, with a statement of accounts, for the year ended 31st of December, 1900.
On the 7th July the usual interim dividend the half-yearly rental from the Hongkong and at the rate of $1.50 per share was paid out of Kowloon Wharf and Godown Company, Limited. The balance now at credit of profit and loss ac- count, including the balance of 8430.32 from ing for the final dividend at the above rate, last year, amounts to $1,379.35. After provid- absorbing 83,900.00, there remains a small sur- plus of $479.35, which it is recommended to carry forward to new profit and loss account.
AUDITOR.
The accounts have been audited by Mr. F. Henderson, whose re-election is recommended.
MEYER & Co., General Managers. Hongkong, 9th January, 1901.
#.
*
LIABILITIES AND ASSETS, 31ST DECEMBER, To capital account:-2,600 shares at $100,
of which $37.50 paid up
$140,000.00 20,000,00
To mortgages of mortgages of
To
To dividend account
To balance of profit and loss account
THE HONGKONG COTTON SPIN-To reserve fund.
NING, WEAVING AND DYEING COMPANY, LIMITED.
EXTRAORDINARY GENERAL MEETING.. At noon, on the 9th inst., an extraordinary general meeting of shareholders in the above com- pany was held at the office of the general managers (Messrs. Jardine, Matheson & Co.) 4, Pedder Street Mr. C. W. Dickson presided, and there were also present the Hon. C. P. Chater, C.M.G., A. Haupt, R. M. Gray (directors), J. McKie (Secretary), A. Shaw (manager), T. F. Hough, Byramjee, Ho Fook, Chan Chan Nam, Shui Woon, Chan Ku, Au Lun, and A Ke..
The SECRETARY read the notice convening the meeting, ERKENN
Hongkong and Shanghai Banking Cor- poration
By property account
PROFIT AND LOW ACCOUNT FOR THE TEAR 1900.
Donation to "Indian Famine Fund" Consulting committee's fee. ............ Depreciation for 1900....... Balance
Charges studen
· Auditors' fee
Balance........
Interest on mortgages, loans, &c. 3101,802.23 Less interest paid, commissions,
· 12,900.97
!
BALANCE SHEET. LIABILITIES,
100.00
5,473.46
4,000,00
€200,00
111.39 81,672.64
891,557
Capital 70,000 shares at $20 ($10 paid up)... 700,000.00 Reserve fund
6 per cent, debentures Sundry creditors.
Due to General Managers Balance of profit and loss....
10,000,00
14,900.00
5,557.00
24,021.31
1,672.64
,551.15
Loans-Provident loans
3472,870.04
Loans
shares,
354,155.00
827,025.84
111.89
1,111.39.
111.39
Furniture, as per last statement⠀⠀⠀1,000,00 New furniture
Less depreciation...
Hongkong and Shanghai Hanking
1900.
$ 97,500.00
0.
160,000,00
412.50
2,500.00
4,379.35
Sundry debtors.....
tion
$264,791.85
Cash
4,791.85 260,000.00
$264,701.85
POFIT AND LOSS ACCOUNT FOR THE YEAR ENDED
· 31ST DECEMBER, 1900, By balance of 1899 ............ By net rent for premises of the Hongkong
and Kowloon Wharf and Godown Com-
for 1st half-year, 1900'...' pany By not rent for premises of the Hongkong and Kowloon Wharf and Godown Com» pany for 2nd half-yess, 1900
By transfer fees of 1900 -
By interest account, 1900
The Chairman said—This meeting is called in accordance with the company's Articles of ssociation for the purpose of confirming or the special resolution passed at an imary general meeting on the 22nd of To interim dividend paid for lat half-year,
ion to Gresural ution. To
To not pro
last mont At that meeting the chairman *** 1900.
fully explained the
and I have therefore onl that the following res
for the formall
490.32
4,150.00
* The hankering of Germany for station in the Far East is arousing in Java, observed a Straits paper. that Germany has now an eye on in Netherlands India. «It has leake
■ short time ago a retired Navy drew up plans for a settleme Lontar group to the north of I (Siamese), not
posed to
4,150.00
9.00
40.03
Ger
$8,779.35|| them befo
3,900,0
nagers for 1900.
500.00 $379,85
were trying It is alleged the failure of the
at bringing face with w
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