52
JUNK BAY FLOUR MILL.
A
It is already known that the Junk Bay Flour Mill has made a successful start, and that operations are now in full swing on a very large scale. On the 22nd January His Excellency and Mrs. May, accompanied by numerous party, were bonducted over this big undertaking by Mr. A. H. Reunie, and as was only to be expected every one was delighted with the admirable construction and perfect. organisation embodied in the Junk Bay Flour Mill. The guests included His Excellency the Officer Administering the Government and Mrs. May, Mr. and Mrs. Rennie, the Hou. Mr. W. Chatham, Sir Paul Chater, Major and Mrs. Chitty, Mr. H. E. R. aud Miss Hunter, Dr. Thorneycraft, of Kobe, Messrs. J. Orange, H, N. Mody, George Hastings, T. P. Cochrane, and A. J. Ray. by the Canada to Junk Bay, where the follow. mond. The gubernatorial party were conveyed
ing were waiting to participate in the inspection, the Hon. Mr. Wei Yuk, Messrs. Tang Lang Kak, Au Yung Kit, Hung On, Mok Kwai Fong, Ho Yang Kai, To Min Chan, Poon Sung Ka, Li Kwang Sun, Choi Kwan Ng, Dr. Ho Lok Kum, Dr. Ho Nai Chun, Messrs. Ngan Hung Po, Chok Chup Ting, Wei Wing Hing, Poon Pak Wan (Tak Cheong), Ho Hun, etc.
An unfortunate occurrence inarred the plea- sure of the excursion. Mr. Mody, who, with others made u se of the revolving lift to ascend to the upper floors, did not realise til
or
too late that he had reached the last floor on the upward journey, and seeing that he would be thrown over the top of the lift either jumped off
fell off. Only Chinese witnessed the accident, but 8000 Mr. Rennie and Sir Paul Chater were in attendance. When discovered, the unfortuna'e gentleman was in an unconscious state, but he recovered under the ministrations of his solicitous friends. Fortunately there was a medical man present in the person of Dr. Tho naycraft, a stretcher was obtained and on this Mr. Mody was placed aud conveyed to the Canada, which at once returned to Hongkong with Sir Paul Chater and Dr. Thorneycraft. Mr. Mody's back was injured, but what makes it more grave is that he was in rather feeble condition, having only recently recovered from a serious illness. Inquiry last night elicited the satisfactory intelligence that he is likely to be quite well again within a week.
After the inspection of the mill was completed the party were conveyed to the Maple Leaf where the staff are most comfortably housed. Here refreshments were served, after which HIS EXCELLENCY said-On behalf of all your guests this afternoon I wish to thank you 'or your kindness in bringing us here and in giving
us such an instructive afternoon.
I think we
are all agreed that we were very much
interested in what we have seen.
I think we are one and all agreed that the establishment we have just gone over is one of the best organised
over.
scone.
We
|
THE HONGKONG WEEKLY PRESS AND
US A
throughout, I am confident I could not have accomplished my ideal, the Junk Bay Flour Mills, in the time. It must not be forgotten that in starting an enterprise of this sort one must be most careful in the selection of the staff. The engineers are the first considera- tion. I will tell you about the engineer in chief later. Our Diesel engines are the most qarvellously constructed. When I bought them one kind gentleman in Hongkong who is not particularly friendly to our institu- tion suggested that we should put them between Ganpp's and Falconers, as they would require coustant repairs. They have not cost. moment's trouble but a great many dollars. They are most economical and cost less than one third of any other engines made. They are very easily run. Mr. Carnegie said when he was asked how it was that his Pittsburg irou mine paid 3.3 per cent in the year that he sold it and only three per cent last year, * they bought the mine but not the man." I bought Steauer, who helped to build them. He is the Diesel engines and the Swiss engineer, Mr.
here for three years. He understands them and he installed them. They have never given us a moment's trouble. I think it was a very good stroke. Mr. Stark, our chief millwright, who installed the milling plant entirely, is a genius. The Hongkong and Whampoa Dock Coy, have come to my aid at any time, day or night, and bare supplied all the shafting and iron work. I believe they can make anything in the way of machinery equal to produced in the world, A to my friend, Mr. Orange, who personally assisted at the installa- fion of every large iron pillar in cement concrete, and worked side by side with me six hours a day for twelve months, I think the praise is due to him and not to me as far as the building is courerned. His assistance was invaluable, and I am sorry that he is not going to stay here instead of going home in the summer. He is too young and is perhaps afraid of his com plexion. (Laughter.) If any errors in judg; ment have crept in I am solely to blame, and will not shirk the responsibility. I can only thank you for the kind remarks made. I know you have always had this enterprise in your mind, and further its interest from inception.]
any
its
The proceedings concluded by Mr. Rennie calling for three cheers for His Excellency and Mrs. May
EUROPEAN LADY ROBBED.
·
i
As Mrs A. Nicholson, of Cosmopolitan Dock, Was on her way to the Government Civil Hospital on January 18th to visit her son, a coolie rushed at her and attempted to snatch her satchel. The effect of the tug was to snap the pickel chain by which it was suspeaded and the satchel fall to the ground, its contents which included $40, rolling in all directions. The coolie at once picked up two $10 bills ; and decamped. Meanwhile Mrs. Nicholson
screamed
employed in the hospital promptly dropped his for help, and a young gardener watering an, and set off in pursuit of the thief. An exciting chase followed, and as the gardener was the better sprinter be soon drew up to the exhausted coolie and handed him over to an Indian policeman. On Saturday the culprit was brought before Mr. C. D. Melbourne at the
and well-conducted we have ever seen. admire the genius of the man who conceived it and his administrative ability is evidenced in every bit of the work we have just gone We have partaken of the Junk Bay Speaking for myself I think every resident in Hongkong ought to swear from this day forward to do nothing else but eat Junk Bay scones. (Applause.) Speaking personally, it is the best scone I ever ate in my life. There is nothing like supporting our own little colony. I do not think that any one could take exception to as if we register that row and stick to it, and if it brings prosperity to the institution that we have just visited, each one SHANGHAI MUNICIPAL COUNCIL of us will be only too glad. I wish now to drink the very good health of Mr. and Mrs. Reanie, and wish prosperity and success to the Junk Bay Flour Mill.'
Mr. BENNIE in reply said-Your Excellency, ladies and gentlemen: To say that your kind remarks are very flattering to the energy displayed by all concerned in this enterprise does not half express my feelings. I am more delighted than I can tell you that I have been enabled to turn out flour in this short
space
of
time. Had I not had the good fortune to pick out the very best of partners-Sir Paul Chater and Mr. Mody-who have given me a free hand
Magistracy and sentenced to six weeks hard labour, four hours stocks, twelve strokes of the birch, and to be banished.
FOR 1907.
The aminations for the Municipal Council for 1907 closed tamely. Three members of the 1906 Council-Messrs. F. C. Heffer, J. Liddell and E. 8. Little resigned-and in their place Messrs. I. C. Hanson, A. D. Lowe and John Prentice were elected. There being only nine nominations, an election will not be necessary.
The new Council is accordingly: Messrs. H. Keswick, A. W. Burkill, H. de Gray, J. C. Hanson A. D. Lowe, . Meuser, W. H. Poate, John Prentice and E. B. Skoltowe..
THE
[January:26, 1907.
COMPANIES.
HONGKONG LAND INVEST- MENT AND AGENCY CO., LD.
The eighteenth report of the board of directors to the ordinary meeting of share- holders to be held at the Company's offices Victoria Buildings, at noon on Monday, Jan. 28th, reads :-
Gentlemen, -The directors have now to
submit to you a general statement of the affairs of the Company, and balance sheet for the year ending 31st. December, 1906.
The net profits for that period, including $67.839 41, bilanes brought forward from last account, after paying all charges, amant to
$440,827.54 From this amonut an interim
dividend of $350 per share has already been paid. It is now proposed to pay a final dividend of $3.50 per share, and after writing
the credit of a new profit and loss account off directors and auditors' fees there remains a balance of $56,218,38 to be carried forward to
DIRECTORS.
Mr. E. Shellim having resigned Mr. D. M. Nissim was invited to join the Board in his place and
DOW this appointment requires confiraation.
Messrs. A. J. Raymond and D. M. Nissim now retire by rotation, but offer themselves for re-election.
·
AUDITORS.
The Accounts have been audited by Messrs. but offer themselves for re-elec ion. C. W. May and H. Percy Smith, who now retire
W. J. GRESSON, Chairman.
BALANCE SHEET.
Dec. 31st, 196. LIABILITIES. Capital
Equalization of dividend fund Accounts payable Balance of profit and loss ae- Less interim dividend paid
count
Dec. 31, 1906. Cash
Amount advanced on mortgage Amount invested in property Furniture account Accounts receivable
C.
440.527.54 175,000.00
$
5,000,000,0
250,000,00 1,957,541.26
265,827.54
$7,473,368.89
$ C
ALT8.
8,771.21
1,333,700.00 6,030,975.75
4,190.42
75,731.42
$7,473,368.80
8 C
175,000,00
30,139,79
14,094.36
1,033.12
PROFIT AND LOSS ACCOUNT.
Dr.
Dec. 1st, 1996.
To interim dividend of 34 pe. cent for the
half-year
To charges account
To advertising To repairs to house property
To fire insurance
To interest on loans payable $1 9.792.53 Less interest on mortgages 117.-56.97
To balance to be appropriated as follows:-
Directors' fees
Managing directors' fees
Auditors feex
Final dividend of 34 per cent
for the half-year Balance to be carried to new
account
Jan. 1st, 1906.
By undivided profits, 1905 Dec. 31st.
Hy rents By commission By scrip fees
Cr.
87.500,00
19,869.80
1,848.56
26.109.16
1,000,00
173,000,64
56,218,38
265,827.54
$507,810.17
$ C. 67.839.11
428,558.01
11,255.75
157.00
$507,810.17
THE WEST POINT BUILDING
COMPANY, LIMITED.
The eighteenth report of the general agenta to the ordinary meeting of shareholders to be held at the Company's offices. Victoria Build- ings, at 11.30 o'clock a.m. on Monday, January 28th, reads:—
Gentlemen, The general agents DOW submit to you a statement of the affairs of the Company, and balance sheet for the year. ending 31st December, 1906.
The net profits for the year, including the monat brought forward from the previous year, smount to $53,319.47. From this amount interim dividend of $2.00 per share has
an
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