178
THE HONGKONJ WEEKLY PRESS AND
school a little longer is one which will remain with him all through his life because he will be able to go into the world butter equipped and with a batter chance of success in life and will look back in after life with more gratitu le to his parents who provided him with this botter equipment. In this connection I wou'd say one other word to you who are here and to those who may read my remarks that is, I hope you will take advantage of the Technical Institute which us-l to be called the Evening Continuation Classes, and that you will see that your sous attend those classes during the months that this school is closed as well as after leaving school. They would thera * be able to pick up sp cial knowledge in whatever : brauch of education would be most suitabla to
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COMPANIES.
HONGKONG MILLING COMPANY.
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The third ordinary general meeting of the Hongkong Milling Company Limited, held at the Company's Offices, King's Building on March 7th. Mr. A. H. Raunis, pr sided. and there were present Sir Paul Chator, Mr. ¦ E. Stəllim, H. N. Mody (directorsi, Messrs. J. Orange, II. Percy Smith, A i. Qugh, F. H. Chard, N. Yabayashi, W. Hughes, Hon. Mr. Wei Yuk, Tin Lan Kok, Leung Koon Tai.
The notice couvening the mesting having! been read,
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[March 16, 1908.
tomed to manufactories in Hongkong. With these few words I beg to second the adoption of the report.
The CHAIRMAN proposed, and Mr. PERCY SMITH seconded, the onfirmation of the ap- pointment of Mr. Shellim as director. Carried. On the motion of Mr. OUGн, seconded by the Hon. Mr. WEI YUK, Sir Paul Chater and Mr. Mody were re-elected directors,
The CHAIRMAN said :— Gentlemen,— The them in their future ciroirs. I take great interest report and accounts to the end of 1817 have in the Technical Institut and I hope to see now been in your hands for the past or 12 special progress in that department of education days, and with your permission, I will take them in the Colony. To-day is practically the third as rend. I hope you will agree with ma that anniversary of this school. It opened on March the result of the working is satisfactory for the 2 th, 1905. During the first year the pupils first year of a Company such as this, which numbered 5'. They have now reached 71, with introduces a now industry into the Colony. The an average attendance during the months the enditions throughout the year have been school is open of 47. I should like to see that distinctly unfar urable, the large stocks of attendance increased bu' still I think that fizure
Amricin and Anstralian flour, which amoun is fairly gol. Certainly I think we may say¦ ted to over 5,000,000 bags in 1977, having that this school is most favourably situated and | exercised a very depressing effect on our prices, te that its surroun ings are as ebarmiog as any
which are much below the level justified by school in the Colony. We hope shortly to rentOVES
the advance in wheat. The outlook for the the bamboo nursery in front and throw that into current year is more promising; the demand for the playground which will give more room for our product continu-s so strong that we have sports and gaines. I am delighted that the difficulty in keeping pac with it. As stated boys are keen on sport and ready to challenge | iu the Directors' Report our
ice plant any other school at any sport. The howlinaster will be in running order by the beginning of has told us of the good progress that has been ¦ April. The Hougkong To Cmpany hare made in the work of thesoboil. I congratulate | contracted ( › take the whole of our output for those four boys who passed the Oxford Pre- liminary Examination on the occasion of the first time that any pupils have been sent from this school to that xamination and I also congratulate the five boys who r main longer at school, and attend the Technical Instituts, The headmaster also mentioned with regard to the point on which I have laid so much stress that there was all improvement. in the number of boys remaining at school, the number increasing from 4 to 11. I hopa wa shall be able foon to select a good site for the miniature rifs range which will afford valuable instruction and amusement i shoot ing with the morris tube. I hops to see schools sending out boys capable of shooting well. I saw some of your videts at Stone culiers recently where they were learning the semaphore drill in addition to rendering first aid to the wounded and simple physiology and I think that is likely to make the boys of this school in future able to take part in the de. fence of the Empire, if called upon (ipplans...),, The programme included choruses and r citations by the pupils and scones from Midsummer's Night Dream, all of which were cleverly renders.
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Votes of thanks conclulel the procedings. The priz- list was as under :-L wer-Sehool --Infauts, Dorothy Morris and
Athur Gibson; Class I, Ada Dickson, John Brett, and Fred Halton; Class II. Rogie Mitchell. Colin McDonald, and E. Wilkinson; Class II', Edgar Darey, Jessie Rodger, and Gro, Rodger; Class IV. Jessie McN-1), Jóssio Stokes, E. Brott, and John Brett. Upper School -Class V., (l'op boy, Iran Gibson; Marked Progress, Geo Baker at Geo. Hobbs. Composition; Randolph Sett. Class VI. Arithmetic, Geo. Stokes; General Knowledge Geo. Hoskins; General Proficiency, M McNeil; Mathematic M. Silverstone; Head- master's Prize to "Dux "of School, M. Mc Neil
WEDDING.
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A quiet wedding took place at the Cathedral on March 12 when Mr. James R. Smith, chief manager of the Hongkong and Shanghai Bank,, was married to Miss Edith A. Mountj Sanders, daughter of Mr. James Sanders, of South Molton, England, and sister of Dr. Sanders of the Matilda Lapital. Bishop Lander, assisted by the Rev. F. T. Johnson, M. A., conducted the ceremony. The bri le, who was given away by Dr. Sanders, was supported by Miss Schoch, while Mr. II. E. Hunter acted as best man, In the afternoon Mr. and Mrs. Smith left for Japan where the honeymoon is to be spent.
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Mr. H. Percy Smith was re--leot-d anditor on the propositio 1 of Mr. OgGн, seconded by Mr. MoDY.
The CHAIRMAN-Gentlemen I thank you for your attendance,
THE HONGKONG HOTEL.
The ordinary meeting of shareholders in the Hongkong Hotel Company, Limited, was held at the Hotel on March 7th. Mr. W. H. Potta was in the chair and there were also present :- The Hon. Mr. E. Osborne and Dr. Noble (Directors), Captain Clarke, Messrs. P. C. Patts, E. . Kadoorie, J. Arnold. F. Maitland, E D. Haskell, A. Turner, E. J. Chipman, Lo Cheung Shui, Chau Nam, and Mr. Mooney, Secretary.
The SECRETARY having read the notice uvening the me-ting,
The CHAIRMAN grid —Gentlemen, With yur approval wo will accept the report and accunts as read. It is with regret that we have again to place before you an acronut showing Я far:her reduction in profits, the shortiga being over 318,000.00 as compared with the corresponding period of 1900, This is caused by the continued falling off in thoan departments which in previous & period of ten years, and we anticipato that this branch of our business will prove very pro-
years have proved the most profitable and to the unfortunate collapse of part of the side fitable. I am glad to say that everything is verandah of the East Wing in August last, going sm othly at the mills; our Diesel el-
depriving the Hotel of the use of many roms. gines and willing plant are in perfect condition. There does not appear to be any prospect of an and thers is uo sickness among our employes, early increase in returns as, although the falling A profit of $161,262.76 in the first eleven off in bars afc. has for the mom-ut cased, wo months of our working proves that we have have now to suffer loss from a further decrease established the business on a souud basis, and I
ia the rooms available in the old building and confidently believe that at our next meeting wein rents of shops vacated and to be vacated will be in a position to propose a handsome dis tribution of profits, but in view of the facts that it was cur first wo king year and that we are still expanding a considerable amount on capital account, my Directors recommend that we pay off our débit of $77,03457 and carry forward 8827649 to credit of this year's account, which, I trust, wiil meat with your approval 1 now beg to more that the re. port and statement of accounts at 3 st Decem. her 1907, by ree-ived, approved, and adopted.
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short'y. Considerable economy has ben effected in the various departments aud we expect to make large reductions in the goal bill
the report and sccounts I shall by pleased to reply to any questions to the best of my ability
There being un questions,
M001 at the gas engines are Working. During the period under review three electric lifts have been installed, als› telephones and fire alarm bells on each for aud one new gas engine is in good working order. Your Board have given a lot of time to the c ›usideration of the best building to take the plaos of the old part of the Hotel and they hope in the next Mr. ORANGɛ in sec inding, said -1 have had
few months to place their recommendatious & great deal of experienes in eummencing new
before you when they wil bave to ask you for companies but I think that this is almost the
new capital. Three schemes were considered first occ wien to my knowledge that a debit of
and the one finally recommendel will I trust be 877,000 has beu transferred into a credit of adopted, as, when complete, your Hotel should $592,0m in the short space of ab a' elren
be in a first class position to mest all require- months. It may he said that this debit of 877 001-ments of residents and transients for many should not have been put to working account but years to come. Until all tenders aro reo-ived should have been put to the expital account, it is impossible for me to give a reliable b cause I cannot understand how a company stimate of the cost but I would remark that it which has not started working can
have a
is likely that the amount of new capital to be working aceonut, Of course it comes to the called up will exceed the 3 lacs mentioned by same thing. I look to the 817,"*) as really a your chairman at the last general meeting of writing off of the capital and in that way the company,
Before moving te adoption of must be considered a very hands me writing off from a capital of only $1000 and machinery which is put down at $341,000 The result i that the new company starts after this writing off on the first year with a credit of §×2,000. I ¦ think that is a matter of great congratulation, especially to the very energetia manager (applaus), with whom I have had close and intimate connections since the commencement the buildings. I bava orter com. ACTORS such
energetic and capable individual as Mr. Renuis, who does not Reem t know the m-aning of the word "cannot." Difficulti-s seem ta vanish before Lim. If you go. B.S I think shareholders; ought to go now and then to look at the factory, you will be astonished at the elanliness, order and neatness in a manufactory which, as a rule. is not particularly noted for el-sulin»««, at least so far as my experienes at Home was concerned.
The thirty-ninth ordinary meeting of sharo- I always found that a 8 ur mill was one of tha
holders in the above company was held at the dirtiest concerns that could be met with.
This
offices of the General Managers (Mesara, Jar- place at Junk Bay is a model of nestness and the
The Hoo. Mr. H, smiling faces and alertness of the Chines+ Idine, Matheson and Co.).
Keswick presided, and there were present Bir think will astonish anyone who has been accus.
Paul Chater, Messrs. F. Maitland, H. P.
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The CHAIRMAN proposed and Mr. TURNER gecondled, the adoption of the report, which was carried unanim usly.
Captain CLARKE propos-d the re-election of the Hon. Mr. E. Osborne as dire tor.
Mr. MaHHLAND seconded, and
the motion W&S
carrie.
On the motion of Mr. HASKELL seconded by Mr. P. C. Ports, Messrs H. U. Jeffries and A 1 Lowe were re-elected auditors,
The CHAIRMAN We are obliged for your attendance. Dividend warran's will be ready ou application to the secretary.
HONGKONG FIRE INSURANCE CO.
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Private notes are available after approval.