No. 7854-MARCH 3, 1888.]

A TELEGRAM from Teheran, dated 9th in- stant, reports the arrival of Colonel Yates 1 Tiflis his party apponr to have been ex- ceptionally well received and entertained by the Trans. Caspian authorities.

throwing of the cricket ball, the variaty being rather increased by one of the balls going outside the raile and alighting on tho hand of a Sikh whe, thanks to his puggery. was not it. Pla. Totakina bast throw was 101 yarda 1 fast, Moore's being Qu yards 2 feet. The Rev. J. M. Sebloyot, of Cons

Pto. Tomkins (C Coy.)

...···1; 83. tance, the inventor of Volapük, is said to Pte. Moure (A Coy.) be aequainted with £fty-five languages,

of which he peak and writes twenty-sight 12-QUARTER-MILE RACE.-Challenge Cup

presented by the Hon. C. P. Chater, It was, we are told, after forty-five yours

This was at easy roce for Paater who study of these tongues that he formed the idea of constructing & Inquago by means could have done it is less time than he tek of which, as he put it, the civilized in003 secrida--bat was not pressed in any habitants of the world could wake them way and made the finish rather atom.

Private Pintor (Any) 1: 85: Belves understood in speaking as well as fu writing.'

REPKIRING to the death of Captain T. L. Diries, of the S. S. Taisang, the Straits Times

aya-The deceased arrived hore ou the 14th instant, after calling at l'enang, on A voyage freni Caloutia to HongkongHe had been ailing all along after leaving Cat. cutta with strong symptoms of a bad fever. When he arrised here he was feeling much worse with

and ordered

Lee, Cpl. Nagels (Boy) 2 $3. Private Hayites (D Ony) 3 $2. 13.-BLOF JACKET RACE-120 yards.

The blue jackets made a very good recei

Five stored and all na prite close together till near the finish when Canor, Frampton and Smith came away in front, The time was 16 neca.

Coungs, Sapphire

1; $5 Frampton, Victor Emanuel 2; 83 Siniti, Fictor manu 3; 32.

liston aaw has 106 Dr. 4814-220 YARDS' HANDIdar-Open to Of

at once to

Hospital.

Lal. Lle was brought there soon after the ship's Arrival on the morning of the 11th. Tho

samo morning, after his clothes were changed to light Hospital dress, he wna earried in a chair to the portion of of the Hospital aut apart for awall-pex cases, after Dr. Bavana, temporarily in charge of the General Hospital during Dr. Simon's absence on leave, had seen him For the remaining portion of the story of his death,

ficers of Army and Navy, Hongkong Club, and V. H. C. Prize, a Cap.

This race did not induce a large number of entries but the contest was a spirited one. Lieut. Higginbotham had a tough, rum to come in first-Time 25 sovintis,

Lieut. Higginbotham Mr Denison

Mr E. Shepherd

1

2 3

15.-BALL-MILE RACK-Open to Army,

Navy, and Police

Ouly thros antered for this raco and Guns

we quote from a letter of Dr. Bowman received at noon to-day by bit. Davies, o Davis & Co., Ship Chandiers, one of de Capt. Davies' death the night before. The Dr,ards in front of the second man, who had

about the

THE CHINA MAIL

provailing complaint, pretty fairly día. Į That it may be an erroneous impression, but I fancied that Government work shoult he supervised, even when done by à con- tractor.

gnosed the state of things when he sug" gested that, in spite of much frothy. correspondence, shareholders' meetings would pass over with their assustomed

plesidity.

That muckia cryin' and nào 'oo' (wool)—a saying which you gentlemen from North the Tweed accredit to Old Nick when he attcnpted stroaring the pig-might well apply to the action of a good many Hongkong shareholders.

That at least shareholders of the Bank have done well to recognise that they are well Borved.

That, barring the ever-present truism that no man in infallible, I should like to know

who could be get to replace men like Jackson, Cameron, or Maclean. That the local Bank should be weli run this year with the assistance of two Kings of

Finance at the head of the Board of

Directors.

That the Race Meeting would appear to

have shown that the interests of true

aport were not unmixed with other in- terests of a grosser and more personal nature:

That even at flore it is very difficult to keep the racing stable in a thoroughly sunitary condition.

THE HONGKONG HOTEL COMPANY,

LIMITED

was suspended until the 1st instaut, but it he now been resumed and it is hoped that it will be continous and profitable.

The Cube Sugst manufactured by the

bourhood of Weat Point has, under the influence of the proposed Reclamation Scheme, inornaand in value, and nagitiations are now pending for the sale of this proper

Directors.-In Recordance

OPPOSITION BY THE DUTCH TO THE NL SN. COMPANY. A. Router's talegrain in tito Batavia nowe- papors slates that a Ministerial Bill ha been introduced into the Second Chamber of

Company having provad: acarcely núitablety upon advantageous term.h the Art- the Slates Guneral for a contmot for 15"

For the Spanish market, for which it was.

ba 10

J. BELL-IRVING, Chairman.:

It is to be a purely Datch Cop

Straits Times

on

« * The telegraphio announcement of

That I so the Chamber of Commerce ha chiefly intended, the General Agents, with cles of Association Menses F. Dodwell and bars ginning with 1801 for a rail-servic

called upon every one interested to come the approval of the Consulting Comunittes, W. H. Forbes retire in rotation, but being in the Dutch East Indies. Ton contractors forward and speak his mind on the pro- live arranged to procure from England all eligible, offer themselves for re-election. Gro Mesam Boissevain, Roys and

Auditors. The now machine which they are nasured wil

Directors posed Registration Iroports and

Appointed produce the kind of cobo mach in demand Mesers 0. S. Coxon and

T. 1. Rogo

audi- Experts

in Spain. The cost will add considerably turn of the Company. In the absence of y averages 6. 1o torins per BROWNIE.

liabilition, hat this will tho former. Mr. 3 d. Caxoni has, with Mr-snys to the high chendvantage if she object in Rose, sudited the accounts now resorted. be a slight view in providing the additional be realized. It is hoped the machinery Messes 6. S. Cozon and T. I. Rose are re-

will commanded for re-aloction. i working ord

month about &

to the The following is the Raport of the Direc Consulting Commitee, Owi

Owing 10: tors to be presented at the ordinary meet. death of Mr M. E. Murray

t of Mr F. D. Si and the retire tiongkong, 2nd March, 1888. mount of Mr

on leaving the CAPITAL ACCOUNT.-Set December, 1887. is the

Only rem

remaining

Assets. ing of shareholders, to be held at the Com Colony; Mr Gilli pay's Hotel, at half-past 3 o'clock p.m., sauce of the Consulting Committee. Mr Kowloon Property Asse

Gillies offers himself for to-election, and the To Valuo of Kow on Wednesday, the 7th March

General Agents will be glad if the Sharo-Loou Property In accordance with Bastion 53 of the holders will nominate two others of their

as per. Articlea Articles of Association, the Directors have number to fill the vacancies. 1f, however, of Asociation now to submit to you their Half yearly Re they are unprepared to do so and will loase Sub Section port for the six months ending 31st De- the matter in the hands of the Geuczul

1887.

$875,000.00 Sub-Section III combat. The first four months of the Agents the best arrangements will be mate

that circumstances permit. past half year were very pour, owing to witors In the absence of Meara. comparatively few visitors coming to the Arnold and Bevis the accounts have been

audited by Mr F. HendersoD.

Mr Arnold will return to the Colony shortly and is recommended for re-election as Auditor.

-

Since last meeting Messer, W. R. Loxloy & Co. of London, who have acted as Agents in various matters connected with the Hotel, engaged the Harmaids, and des- patched them to Hongkong, alleging that they were engaged for service in the Hotel. This they did without any authority from he Barmaids wore not the Directors, and, as the) required, the

the Directors were obliged to re- fuse to

ratify the engagement. Under legal

JABDINE, MATHESON & Co., General Agents. Hongkong, 1st March, 1888.

CAPITAL ACCOUNT.-31st Des., 1887. Amets. Property Account,

ceased's oldest friends, informing him da Sing weu casily coming in a good many That the strict rules of the turf may be advice the Company paid tits claim of the Steim-Launch Precursor,

statos

от

that when he first saw him I found his armpiems slight. That was before he was removed, in the way above-mentioned, to the small-pax hospital, When I visited him yesterday, I frund, contrary to all reasurable expectation, that his CASC assumed the type of malignant small-pozn ancomaton and deadly, form of the disense-this caso

almost adpre- The italics cedented in its aro the Dr.'s own. Continuing, he says, There can be no doubt, that from the first, 110 treatment could have saved him. We feave the letter without comment.

I

Barmaids and are now seeking to revor New Boiler, ridvantage over the third-

Time, 2 min. 13 neo.

Gunda Singh (Gun

Pto. Haynes (Day) Gurrom Singh (Ouï} Lascars).............} 16.-TILTING At The Bucket.

1; $5. 21 83. 3; $2.

This was a highly amusing content and most of the corepetitors got a shower bath from the upturned bucket, a few however succeeding in scoring. The most success- ful competitors werd Tomkins and Brown, Pinfold and Bristue, and Lutelford and Fletcher,

THE SPORTS OF THE NORTHAMP-17.-SKIRMISHING RACK-1,000 yards,

TONSHIRE REGIMENT.

Under the patronage of

from Messrs. "Loxley & Co. the damage Retired Sugar, sastuired in consequence of their un Raw Sugar, authorized act. The suit is still pending Coale, Charcoal, Storos, The execution of London orders are now Fire Insurance, 40,

"Tulach A Co., SD, Chủng entrusted to Meesra. Gracechurch Street, in place. Moasra

Sundry Debtors, Loxley & Co. as heretofore.

Profit and Lom Account,- of the New Wing of the Balance Dr. A/C, The Hotel is

t

úž

apparently observed to the letter when their spirit are entirely disregarded. That, taking one thing with another, Hong kong may well be proud of the leading sporting man who have done most for racing in this Colony,.. That the Ball of the Jockey Club was re-

rol proceeding satisfactorily, and an markably successful. considering the American Lift' has been ordered from lateness of the season, the round of London, .gaieties that have already been grasthe death of Me Hauschild they lost the Secretary. The Directors regret that by through, and the solemn fact that it

Į valuable services of a gentleman who has occurred in Lout (with a big I, although been for many years conected with the even this last consideration did not pre-Company. Mr Robert Lyall has been and Lass.-The accounts for the pent some of the stricter Church-folke appointed to the vacant post, from attending.

past half-year, after deducting Interest,

for bad provisions

and doubtful

has to be added a sum of $675.94 ever from last account, making available $14,500.92, which the Directora, with the concurrence of the shareholders,

to deal with as follow:- propose to

pay a dividend of 4 per cent. for the G months..

LESG.

Loss Balance Cr.

Ac., 1887,

$29,503.18

1,354.65

Liabilities. Capital Account, Jurdina, Matheson & Co.,

Advance Account,

Current Acount,

tion if subordinato officers of the Govern-arance, Taxes, and all charges, and Jardine, Matheson & Co.,

open to Garrison. Prizes presented by H. E. The Major-General Commanding The competitors in this race had to pro H. E. Major-General W. G. Cameron, C.B. ceed in skirmishing order lying down at the That it would be a stop in the right diree-Fire

end of every hundred yarde and firing one race under these conditions as raay oasily be imagined was very trying It was done however in excellent one. time, the first man touching the tapo in 4 min 25 seconda from the start, while the uthers wire close behind.

Committee:" Major W. P. Ellis. Major M. Churchill. Major R. J. Chaytor. Captain J. Collinson Lieut. C. S. Prichard. Lisut, M. D. Graham. Sub-Committee:

Sorgt.-Major Hist. Sergeant Reynolds, Coll-Songt. Crowley. Sergeant Brown.

Staff Sergeant Milla

The sports took place under fairly good weather, although a shower fell when the programme was about finished, which made things disagreeable for a short time. There was a large turnout of spectators including a considerable number of ladies. Among tho - spectators wero U. E. Sir Willian Der Vieux, H.E. General Cameron, Col. Anderson, Major Tripp, of the Hongkong Volunteers, and the officers of the 68th Regiment. The band of the Regiment under Mr Moran performed during the afternoon. A num ber of the Lily winstrols in their nigger costumes afforded amusement to a crowd of admirers.

The aports were gone into with great spirit and although there was no undas delay in carrying out the progreznu darkness came on before it could be quite finished, / The following are the details of the events — 1.-PUTTING THE SHOT, 16 lbs -No follow. Four entered for this event, two prizes being offered. Bushy had quite an easy win, his beat throw being the very prodit- able one of 314 feet. Loveday coming se- cond with 20 feet.

Private Rusby (Cay.). 1; $3. Private Loveday (G Úoy.) Z; St. 2-H Ju..

18.

Haynes (D Company). Panter (A

Andrews (B

Private

14

Turised (O

Oliver (E

1J

Dickens (A ---WHEELUAKNOW RACE

Privates Bosby & Young 1; $5. Lydo & Latchford 2; $1, Tomkins Hyde 3. 1-STEETLE CHE.--About one mile.

This was quite sa trying a competition as the skirmishing rice. Bonie of the obstacles to bo cleared being pretty formidabla Scanurk had a very good tirat, coming in in 3 min. 34 seconds.

Pte. Sexmark Pie. Pouter Pte. Bristoe

Pte. Chappel Ple. Hancock

3; $3

4.82

5; 81

ment here could be made to understand whim how a net profit of $13,821.98. to Hongkong and Shanghai

that they are the servants of the public and as such are not entitled to put on frills when dealing with the public. " That we are about to lose an old and trusty- public servant in Captain Thomsett, and I am sure the sturdy old mariner will carry away with him the heartiest good wishes of this community, more especi ally of those who with him havo 5080

To write of Cost of the Cum-

pany's steara launch.

Banking Corporation, Sandry Creditors;

€ 749,308.06

5,292.30

3,500 40

173,023.04 14,409.75

+

II

250,000,00 Sub-Boction IV.

814,090.00 Section V 819,000.00

Snb

ex-

Amount pended on Ex- tension of Go- down and Rol- ling Stock - quired for third Wharf and new Godowns..

Amount ex- pended on build-

ing of third Wharf and on Extension oftwo

$958,000.00

90,780,30

26,310,29 Original Wharves 44,745.10

510.67

Stamp Duty

23,022.84 Legal Expenses

27,948.63

$1,026,950.38

8 700,000.00

50,000.00

159,266,36

115,037.05

2,647.37

and

Jess for transfer of pro-

portion.

Kowloon P. & 0.

Property

Amount paid

P. & 0. Com pany for Kow- loon Marine Lot No. 21A

Stamp Duty, Legal Expenses. and fees for transfer of pro- perties.

4,574,87

86,250.00

West Point Property

Value of Weat

81,020,900.38 Point Property

ProFIT AND Loss Accousz, 1887. To Interest,

10,416.81

Ta

..$12,000.00

500.00 2,000.92

General Agents' Current Acess

To carry forward to new account

$14,600:02 Directors-Mesara W. Kerfoot Hughes

Less Interest on

count, conceded, 10,621.48.

the Colony in ita earlier days strugglingid A. dos Remedios retire by rotation, but To Remuneration to Con-

in very troubled water. Y That the Medical Commission are to be congratulated upon having began to come to a conclusion before other people thought they had fairly started into the investigation.

That in Hongkong a great many things get begun, and the trouble is to got them Enished.

20IURDLE RACE 120 yards, 10 flights,That I rather think Mr Danby carries with

open Army, Navy, and Polic.

him the common sense of the community when he says that the public severe must first be properly completed before the house-drains are laid out.

FIRST HEAT-Private Mills (H. Cay) 1 Private Baby, (G. Coy) 2; Private Walsh, (B. Coy), 3.

BROOND HEAT-Private Hyde (0. Coy) 1; Privato Nagels, (B. Coy) 2; Private Sex- mark (A. Coy) 3.

THIRD HEAT-Private Seamark,; Pri- vate Hyde, 2; Private Nigels, 3. 21-OPEN Too-OF-WAL-For

Navy, and Police.

Army,

This the last event of the afternoon was unfortunately left undecided. Five teams of tun each entered the lists, Police, Royal Artillery, 18th Regiment, Royal Bad Sikha. The first pull took

The high jumping was fairly good atid

place between the Police and Royal Ar- the event was well-contexted. There WITH tillery, the a Police Winning easily; after the

for the

five competitors, among whom Busby was tears had all pulled the thruggle to and an easy first. Although his bust jump was first place lay between the

defendere of the

peace

4 feet 6 inches, it was evident that he could the tegiment, the have cleared a better height had it beon for him to try. Prizate Pottur, necessary however, stopped at 4 feet 5 inches.

Private Busby (G Coy.); 1; $3, Private Potter (C Cuy.). 2; 1. 3.---LOUD Juur.

This was an exceedingly closely-contested event, there being a large number of entrica. Private James had an easy victory with his fine jump of 17 feet 1 inch, Bashy coming second witt & jump of 15 feet 10 inches,

Private James (Coy.) · 1; £3.

Busby (0 Cor.) aje" 4.-Bora' Race.-120 yards Handicap.

Only thres entered for this race, which wastun in 14 seconds and four-fifths: Wat son and Webh; Gallaghar was scratch giv ing the other two four yards start.

1; $5 divided, 2; $L

Wetson Webb

Gallagher.

5.-100 Yaker Rack

In this race there was a keen contest, but Private Fanter made a good first, being be tween two and thres yards in front at the finish. About the same distanco separated the second and third. Time 11 secs,

Private Panter (a Coy.).

1: $5 La. Corp. Nogels (B Coy.). 2; 83 Bandeman Walsh (B Ooy.) 3: $2

6.-N. D. O'%. Rats, -120 yards.

i

having polled over the lattor teanu once already, The Police again pulled the opponents towards the mark, but it was decided that they claimed the Victory and let go the The decision of the before the mark was actually passed. dispute was left to another day.

FRAGRANT WATERS' MURMUR That the action and utterancen of the Go- vernor in the matter of the Finance Committee have been rucoived by the public with very great satisfaction. that thore need be no doubt but that the discussion of money votes with open doors should be hailed with satisfaction, even if the maiters discussed are some- times not of more importance than whether a yellow man or a black man should be a doorkeeper at the Govern ment fluspital

That it is to be hoped, when matters of

more waight are before the Committee,

the Secret Chanter system will never again be reverted to.

This moo vas run in just two seconds less | That it is to be ragretted that the P, M. Gl. time thau the race over the same distanes

for boys, the time being 113 secs.

Set O'Sellivan (B Cog.). 195 Corp. Faster (E Coy.)

·

283 Corp. Jones (F Coy.) : 2 $2 7.---Company TUG-OF-WAR, FINAL

This was a trial of strength between teams of ten met representing A and G Companies Company had undoubtedly the advantage in weight and pulled their opponents over somewhat easily twice in ausgaasion. The priza was $20. 8-Okz Mme RACE. -

A dozen started in this race but some dropped out before the finish. For the laat quarter of the course, Drommer Haynes a long way ahead of all the others. Bis line was 5 min. 3 secs. Private Sea mark, had a good lead on Banecek.

$3.

Drammar Haynes (0 Coy.). $8. Private Seamark (A Coy.) Private Hancool: (E Coy:) Private Andrews (B Coy.)] Private Beckwith(B Coy.)

·R-OLD SOLDIERS' Race—120 yards; 1 yard start for every year over 12 years, Only three old soldiers, entered for this race, which was run in 164 206

Sergeant Sullivan

Colour Sergeant Kendrick ; 83. Sergt. Mir, Cook Sexton 84 82.

1-TEROWING THE ORKUKET Bank“

should do injustice to himself and his friends by cultivating a tone of childiak petulance, in or out of Council, That the cacoethes scribendi has lately as smed ot only an epidemic but also

a somewhat virulent form, extending even to those who go down to the sea in ships.

That I am afraid the gallant Skipper whe

That if I mistake not I have road that are truth in your leading columns until it. began to get a little monotonous, na truth is sometimes, especially to those who do not care to acknowledge it. That the Surveyor General may possibly regard this as truth, although he has put the propusition in a different way. That the public have every sympathy with Mr Price in his troubles with the big Dam, and sincerely hope that he will succeed in plugging the obnoxious spring, and let us have the limpid waters mur. mucing on this sida of the Tytam Valley

That although I hesitate to tendor advice

in time for next diy season.

to men of business, I fancy the local Dock Company would be well advised to publish a tariff of their charges and stick to it--reducing coly when others reducoj -as the compotition of Amoy, Shanghai, and Nagasaki may otherwise steal a march upoz them.

That the Water Police should prevent steamers from pellating the waters of our Harbour by dumping' tons of soot and ashes overboard.

That any one with a good glass can see this misdemeanour going on from the apper levels, and I shall begin to give the nsoles of the steamers if the irregularity continues

are eligible for re-election.

Auditors.-Messrs J. H. Cox and A. E. Vaucher offer themselves for re-election.

sulting Committee,

To

General

Agents and Ma

nil

Agents

Commissions, $ 8,452.07

Less Genntal

D. MoCelavcu, Chairman,

BALANCE SHEET, 31ST DECEMBER, 1897.

Asseta. Hotel Property on Marine Lot No. 5, and on the Remaining Portion of Marine Lot. No. 3. $318,300.33 To Auklitors' Fee,

48,604.12 To Balance Furniture Account, Remaining Portion of lacive

Lot No. 7.

F

Cash

shares in Pablic Companies. Sundry Dehters.

Stock of Wines and Provisions, Licences attaching to 1888. Steam Lacneh. Suspenso Account (amount dis

bureed in compensation and Legal Exponses in connection with the two Barmaids)

Liabilities.

8,795.33

1,000.00

asper Articles of Association

Sub-Section

$600,000.00

Less amount ro ceived for sale of Godowne Cnsh $135,000 Mortgage 375,000

Stimp

Duty Legal Expenses, feea for transfer of property and Brokerage sales, do

on

389.10

100,000.00

West Point P. & O.

Property

Amount paid

8,296.92

Agents' portion

conceded,.

4,226.03

4,226.04

125,00

1,364 65

P. 20. Com-

221,611.06 (

pany, for Wharf

15,501.02

791.00

and buildings on

5,058.69 By Gain in Working, 14,441.80 20,298.54

$

15,50102

15,501.02

fees for transfer

of

property

13,527.62

JARDINE. MATHESON & Co... General Agents.

400.00 4,500.00

Mar. Lot No. 71 300,000,00

Stamp Duty,

Legal Expensos,

Account, Balanco of sale price of West Point Property under Mortgage Cond for Launoties, value

of coal on band

·15 Mortgege An -1 bavo examined the Books and Vou chers of the Company, and the Returns re-{ 4.627.25 ceived from the Manila Agants, and certify that the above. Státenients are in accord- $638,911.79 avee therewith.

F. HENDERSON, Auditor Hongkong, 28th February, 1888.

300,000.00

Faid-up Capital on 3,000 Shares. $300,000.00 Mortgage Account.

9,281.64 Sundry Creditors. Arbitration Account, a per award in the case of Mesare

14,972.83 Thamby & Leigh, dated let

1895,

Unpaid Dividend Profit brought for

ward from last no- curat Profit For

For the half- year to B1st Do- cember, 1887

To Fite Insurance

678.04

. 13,821.08

THE HONGKONG AND. KOWLOON WHARF AND GODOWN CO., LIMITED.

The following is the report of this Co 146.50pany for presentation to the Shareholders at the first Ordinary Annual Meeting, to be held at the offens of the Corppany, Pedder's Street, on Thursday, the 8th day of March, 1888, at.12 o'clock, Nuva

14,500,92 8688,911.79

The Directors have the pleasure to sub- mit to the shareholders their first Report, with a statement of Accounts for the year ending 31st Desember; 1887. -

Forniture and Storos Ac

Preliminary Expences - Sundry Debtors.

11

Caab ju band.

Liabilities. By Capital paid up 17,000

share @ $100 By Sundry Creditors By Hongkong and Shanghai

Banking Corporation

comfort.ng legislative nasauros being tekon in Holand to transfer the contract now held, by the Netherlands India Steam Narigation Com

to the hands of a purely Duloks pany syndicate marke an important change of front on the part of the Home Government of Holland. The carriage of mails between Singapore and Java, and the islands of the Netherlands India Areliipango, has been conducted under a contract which runs ont in 1801, by the said company. The latter

have laid itself open to chargea may

of monopoly and exclusive dealing, but has confessedly managed the servico efficiently. The fact, howevor, of its being British concern, has proved a rook of offence to inany patriotic Netherlanders, They would much rather see the mail service in the hands of their own coun- trymen. Such feelings are natural and unobjectionable, when expression is given to them openly and aboveboard, But underhand means to carry them out. cannot but arousu dissatisfaction, and sentment. The Datch Government has struck into this very line of policy. Ib has hitherto hold fat to the system of calling for tenders, whenever possible. Only a year ago, tend

tenders were

now, this

TC-

mail sorvios, at insited for this very

Ta principle has been departed from, and

parliamentary action substitulod, The reasons for resari«: ta tenders remain strong as over, and it is strange indeed, that in such an

diddatter, the contract should be

without submitting it to that froo competition which has been such cases. The int

in

customary interests of Netherlands

India call for the freest compol

competition going

81,104,169,38 | tion

in the matter, to secure a contract on the cheapest terms. The absenes of compati tion inevitably keeps the sutsidy at a high igure. This is actually the case with the The amount to be granted them

hoangblo of that anfgred her

than

the NLS. N. Company, notwithstanding the fall in prices which pleads strongly for a lower subsidy. This has been done will the knowledge that the N. I S. F. Com pany would tender at lower rates than iit now charges. The syndicate will gain heavily at the expense of the overburdened Нахранета, The zubaidy boung fixed in accordancs with thei number and

length of 86,633.10 the services, the burden will become greater to New with the extension of the lines, Guines, which the Dutch Government ins conds to sanction shortly. This departure from an established line of policy, and there sacrifices required from the taxpayers of

પ Netherlands India, are justified on the

ground that it is for the OF Holland to have the servica

out national

company, composed of Dutch shareholder and running vessela

shipyards. But

this hope

built at Datch has scant prospect of becoming realiced. Should the business prove profitable, no law can prevent British subjects becoming shareholders er advancing tapital to the

by controlling its opoza syndicate. there by tions. The syndicate will, at the outset,

by difficulties be hampered

inseparable from a pioneer enterprise. The N. E

N.

Company

which

hap thirty. steamiars, well quid to its rival. Bow rurning,

108,205,92 S.

318,027.02

375,000.00

does not mean

to

It will run ateamers in opposition, and pash the syndicate hard. British line of steamers between Hollard and Java, equipped with the most modern improve- ionts and making rapid passages, has also fair cliance of doing a profitable business. We hope that public opinion in Holland will be strong enough to see that justice be done to the N. I S. N. Company.

INDIAN NEWS,

Calcutta, Feb. Oth. The manorial of the 102.00 Bondors of Salt for the equalization of the enhanced duty on salt bonded and on board 4.702.84 ships line been rojected by the Government, 3,821.51

The Police at Benares have captured a 29,287.45 Bengalce engraver having in his posserston

-arrest-

110.19 Forged five rupse notes to the ext

extent of Ra, 1,400, and he has named three of his 82,025,570.05 accomplices, two of whom have been arro

od at Andool, a subuch of Bowmb, where of forgera bad their home Affairs at Indore

the

the

under

the new Holker reported to be highly 10gatisfactory, $1,700,000,00

nud the scandal which the personal habits $17,115.55 of Holkar and his absoluto neglect of State duties will ere long necessitate the setiva $232,024.66 Interference of the Government.

By Balance of Working Account 376,429,84

$2,025,570,06

LOID DOFTERIN'S ERSIGNATION: Bombay, 10th February Thu Times of Trulia says it is clear from the ample notica given of his resignation that Lord Dufferin WORKING ACCOUNT,FOR TELE ENDED 31ST has had no differences with the Home

DRURMANA, 1887.

The total receipts for the 12 months pro PROFIT AND LOSS ACCOUNT, FOR THE 6

MONTUS TO JAT DEOBMREs, 1887. $164,973. 28, and the net Profts, after pay" | Dr. TU THIS

208.24 ing expenses and all charges, amount To Wager of permanent forsign .8

650.55 $0...,870,420.84 and native stad, and coolie hire, $45,802.86 1,150.00 from which have to be dednoted"

To Crown Rent and Taxes, To Charges Account, Office Rent,

Stationery, Printings 6,000.00 To Expenses of Steam-Launchos,

To Fire Insurance,

To Directors and Auditors To Charges

To Interest

To Salarios

To Balance.

By Nett Earnings of Hotel By Bonus and Dividends from

local Offices

62.60 1,621:67

2,730.37 13,891.98

Directors' Feet..

Auditors' Fac

$5,000

500

leaving available for appropriation870,920,84 | To Claims,

To Interest,

}:

820,275.41

Out of this sum the Directors propose to 320,110.46 pay & Dividend of 84 per share, which vill

absorb 268,000 ; to write clf 21 per cont. 164.95 from Furnishing Account and Preliminary Expenses, and in carry forward the balance $20,276.41 of 81,224.07 to next year

R. LYALI, Secretary. Audited and found correct,

JAMES H. Cox,

Auditora. A. E. VAUCEZE, Hongkong, 29th February, 1888.

That it is plain enough to me that one of the reasons why young men do not get inarried here is, that girls do not fit them sulves to be bolpmeats, bat with their hesda full of Hongkong Socioty nonsense dream of living on the taipan scale and no other; thus are they destined to

The following is the Report for presenta futter on alone, and it would be well tion to the shareholders of this Company vore materfamilias to recognize this fact

at the sixta ordinary annual meeting the and put on the break, else there will be held at the odices of the General Agents,

LUZON SUGAR REFINING

ACOMPANY, LIMITED,

March-

Upon it becoming known to the Directors that the Government proposed to reclaim the foreshore in front of the Sailgra' Home for the construction of a new market they at once applied for permission to mika reclamation in front of arine Lots at West Point; the adjoining

Corresponding e)

was obtained, after some negotiation this was obta and the Directors availing theraselves of demand for property in that of

quarter, cón- gedowns

tracted for a sale of the land and

To Rent of West Point Godowns for 6/ms. to 31st December 18, per month #53,00 (paying topurchaser)$18,000 00

portion of sale Drice under mortg

age $375,000 a è per

תוטם

cout. per an 811,200.00

Interest

on Cask

porlion

of Du

$125,000

a7% 4,976.00 at present in their occupation, but exclusive of the Wharf and reclamatiou, for the sum To Balanse, of $50,000, as will be observed in the

of sucbanta.

talement

ponta The rech

And (Fovernment, it is safe to assume he is auxions to be relieved of office smply and because the strain has been almost hearably heavy. In its internal "affairs

13, 56.87 India under Lord Dufferin has had pears and rest, and his three years rule has been 7,259.03.

a period of legislative isaation. Ho found 6,957.83 India seerlang under the excitement foster- 1,488.36 ed by Lord Ripon, and Lord Dufforin 196.86 know how to pour oil on the troubled tintil the bitter race antagonist that water .711,82

marked the beginning of his

tegime has How completely disappeared. While Lord Ripon boan

remitting taxation and reducing the army and in the mme of philanthropy setting all India by the cars, the Russians bad atealthily approached the Afghan frontier. Lord Dufferin had at once to stop their further approsoh,

win the confidence

of the

Ameer, and value of the strength

bad

increase the

y and to carry out

Artay

regular system

of frontier defence This portion of the Task has been

and his Indian stally

justification of

of them before

A

in

|career way he the namics of Penjdeh and Barran, Five years 18,8

sars is a term all too thart for a Viceroy who,

undertaken having

largs and difficult

and 15,625.00 2,375,00 nesures, locks for fruition a

76 420.84

he leaves scene of his latones. There is some

oma danger 8154,973.28 lest in limiting his period of service to lour

years. Lord Dufferin should co

himself in He has had to submit to nos less ΣΕ than the usual amount of criticism, for he has had to face at least the usual sum of

has the pluck to write over his own That I am afraid the Latter-day novelist their raport on the working of the Campa- | godowos habuikding of the and Landing Expensed, i

siganture will ta philanthropy a thank

less task, even whom it takes the form of * 5 doing unto othere' sto.

That of course I don't know how much he

may add mentally to the original quota.

tion under the "etcetera. '

That there a no harm In the aarvant of a Company advancing it money, provided he does it as cheaply as it can he procured

in the open market, EN

That all the same, were. Ia shareholder, I should rather see him investing his money

In the particolar Company's shares, simply pour encourager les autres.

There was considerable variety in the That Impartiality, another viour to the

will be

reclamation be carried on under the

the supervision of and doublook in the Register boat 12.30 pin, on Saturday, the 10th Government, and a contract has basis onter Cr

a bad for the tiny wee lassies

ed into for the completion of the work for By Wharlage, Warehouse, Rent now growing up in our midst.

the sum of $116,000 The General Agents have now to submit At Kowloon the

By Lightarags Account, "only just been completed.

By Rent of Property leased at would find it hard work to elaborate any and a Statement of Accounts for the The two origitial

Wherren have been Kowloon, ended 31st December, 1887 year

further

lengthened, heroine of the orthodox atamp in Hong-

accommodate

Кутовере

· The results of the year's operations. Al the stone whink now come alongside GOGONIZ

By kang --we don't waise them in this Co. though still far from satisfactory, make a and the third Wharf is expected to be

espected to be ready

By Exchange, long, they only pass through considerable provamento a nose substan The Distors have much plasanze in in- By Survey Certificate,

in the report, is That I anticipate having an inward chuckle tial ground for hoping that, owing to the during the week, when some aggrieved altered conditions of business in the Philip

and

Angel in diamonds and moire unconscious | Pinen, the increaser margin between Ore have to

of who is at her elbow) inveighe against the above mangaty remarks: hut un- fortunately they are true for all that

to

that they have donoluded any Gain on resale of Wander-

ing Minstrel, with the P. & O. Steam Nari- Company for the use of the wharres steaners and prices of Raw and Refined Engars may eu and godowns by their mail stes abla the Company in the pear future to

tu extra Bombay boate, for a period of 10 rename its place among the dividend paying years at tariff rates. As part of the condi- undertakings,

tions of this

this agreement the

the Company pur

In the month of Cetober last, the Com chased the properties belonging to thợ là đà That, on reading the report of the inquest pany hold a larger quantity of Refined O. Steam Navigation Company at Kowloon upon the boding of two cooller killed by Sugar than the General Agents deemed and West Paint. In view of the expensas a landship, struck me as strange that no prudent, and they therefore stopped the which would be entailed by a separate s

works to permit of the stocks being reduced. tablishment it was not considered advisable expert from thobile Works depart-Frum that time, with the exception of about to work the last named property. Sines # fortnight in December, Sugar Refining this purchass was made land in the neigh- tient was called,

Justion

:8147,880.94

410,44 difficulties. The most effective answer a

etstesman can give to fa

to these wão-arraino

arraiga his policy is to point to the practical)

BRICOTAS 2,268.31

his measures. Lord Duferiu might be of much more able to do this is December 1,892 041839 than December 1838, and we are 685.53 afraid the hostile commentators on his 3.00 policy will make the most of the disadvan

tage under which he places himself, by en“ ticipating the usual time of his retirament.

1,800.00

$134,973.28

Isaad Hron Serdary

mined the Books and Vuu- gy, and sertify that the

in scoardanes there

ROBE

Marah, 1888

est J. Coxax.

Auditore

METEOROLOGICAL REGISTER

Barometer

20.96

omporsture

Direction of Wind E

Humidity a

Force

Weather

Hongkong Observatory, March 9, 1688

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