Page
October 29, 1898.1
THE RUSSIANS AT NEWCHWANG.
CHINA OVERLAND TRADEL REPORT
Excellency will therefore not consider. the Committee is going beyond its province in arrive at a decision as to the extent and con- -suggesting that, before the contracting countries ditions of revision, an opportunity might be granted to representatives of this Chamber of meeting the Britain, with other Consular and Customs Commercial Attaché of Great officers, for a joint examination into the most efficacious and equitable means of improving the Revenue of China, with beneficial effect also on foreign trade,
Whilst in view of the preponderance of Bri- tish trade and the desirability of unanimous opinion, it would also be advantageous that the China Association should be represented at the same deliberations.
supply of milk fi
that station a month. Fortunately the Sanitar AN UNFOUNDED REPORT." A recent issue of the China Gazette stated
when they closed up the farm, the result adopted a differ policy to tha that on the 14th or 15th October & Russian
which was that then we lost over 160 | force at Newchwang "num
numbering about 1,200
of a herd of 180, During September and Oo men and accompanied by a large staff of officers, in brilliant, uniforms, marched
and, owing to the reduced supply, again i tober last the herd was increased by 75 head openly from the district that has lately
January a lot of eighteen head was purchased. been named the Russian Concession, to the
In May last Mr. James Walker, who has been series of forts at the month of the river-
manager at marked on the charts as Kai chu, and withont
r at the farm since November, the slightest opposition on the part of the large,
went home on six months leave, and his brother, Mr. A. L. Walker, is now in charge. At- Chinese garrison who were supposed to be en-
present time, I am pleased to say, the herd is trusted with the defence of the position, entered
excellent health and condition, and all our into full possession of the fort, the Chinese
produce meets with a ready sale. At pre- marching ont as the Russians marched in."````
With the view of
sent we are unable to fill many orders obtaining further parti- In putting this suggestion before Your Exit would seem that we should buy more, cat culars of the latest move of the Russians a cellency the Committee, of course, fully realised tle, were it not that we consider the $15,000 representative of the Daily Press on Thurs that any such Commission of Enquiry would be uncalled capital should be retained as a nu- day afternoon waited upon Captain Lesk. of entirely without prejudice to the ultimate deci- the Loksang, which had arrived in the harboursions of the contracting countries, but the assent like to see equal to the book value of the herd." cleus of a reserve fund, which we should- earlier in the day from Newchwang, He soon of Your Excellency and the Chinese Authorities I am sorry, gentlemen, that Dr. Noble is not found, however, that the whole story was but aň to the preliminary steps now proposed would here to take the chair at this meeting. Before emanation of some one's imagination. The scarcely fail to prove helpful to both sides, and moving the adoption of the report and accounts Loksang left Newohwang on Oct. 20th, on which would be a much esteemed concession to the re- date the forts alleged to have been taken posses- presentatives of those from whom the Imperial
I shall be pleased to answer any questions. sion of by the Russians were diamantled and Chinese Customs derives its revenue.-I have unoccupied, as they have been since the China- the honour to be, sir, Your Excellency's most Japan war, and before they will be of service to obedient and humble servant, the Russians or
or any other nationality a great
-E. F. ALFORD, amount of money and labour will have to be ex-
Chairman. pended upon them.
The greatest activity, however, prevails in the Russian town, which is about four miles from Newchwang. Houses are being built and thous ands of coolies are employed on the Railway. Steamers are constantly arriving from Japan and elsewhere laden with sleepers and other things necessary for the railway, and a large float ing pontoon is at work discharging locomo tives and other heavy weights. There is a -guard of Cossacks on the spot, but the Chinese are apparently giving little trouble, as all was quiet during the four days the Loksang was in the neighbourhood. ⠀ Communication with Port Arthur, where there are about 15,000 troops, is maintained by a small steam launch.
The British gunboat Peacock left for Chefoo on the 20th. No other map-of-war was there.
PROBABLE REVISION OF THE
CHINESE TARIFF.
The following correspondence is published with the minutes of the last meeting of the Committee of the Shanghai General Chamber of Commerce:-
Shanghai, 16th September, 1898. Sir, I have the honour to enclose you a letter addressed by this Chamber to H.B.M.'s Minister at Peking on the subject of Tariff Revision, and shall feel obliged if you will kindly forward it to the proper quarter together with any recommendations which your know ledge of the subject may suggest. I have the honour to be, sir, your obedient servant, Byron Brenan, Esq. C.M.G., H.B.M's Consul
General, Shanghai,
E. F. ALFORD, Chairman.
Shanghai, 16th September, 1898. being reported that China's desire negotiate a revision of the existing tariff of duties is likely to be acceded to by Great Britain ere long, the Committee of this Cham ber venture to remind Your Excellency of the special reports compiled and presented early last year on taxation of various imports, exports, and local industries connected with foreign
trade in China.
H. Ex. Sir Claude Macdonald, H.B.M.'s
Minister at Peking.
Peking, 8th October, 1898.
10th September, and in reply beg to state that I Sir, I have to thank you for your letter of the consider the suggestion of the Chamber conveyed therein a very excellent one and when the pro- per time arrives I will see that an opportunity is granted to representatives of the Chamber of meeting the Commercial Attaché of Great Bri- tain and other Consular officers for a joint ex- amination into the most efficacious and equit. able means of effecting a revision of tariff.-I am, sir, your obedient servant,
E, F. Alford, Esq., Chairman of the Shanghai
CLAUDE M. MACDONALD. Chamber of Commerce.
THE DAIRY FARM CO., LIMITED.
The ordinary yearly meeting of the Dairy Farm Co., Limited, was held on 27th Oct. at the Company's Depot, Wyndham Street. There were present-Captain Tillett (Chairman), Captain Burnie (Director), Messrs. W. H Potts (Secretary), W. H. Ray, G. C. Cox, and AL Walker (Manager),
The SECRETARY read the notice convening the meeting.
The CHAIRMAN said-The report and state- ment of accounts having been in your hands for some time, according to the usual custom, and with your permission, we will take them as read. It is a matter of great regret to the Board that they are unable to present to you a better report
of the working for the past year. This unfortu- nate result is almost entirely due to the effects of the epidemic of foot-and-mouth disease which attacked the herd in November, and the attack of rinderpest which attacked Sassoon's Station last February. The disease appeared for the Arst time in the history of the colony at the latter of which was declared an infected area, Cattle Depôt and your Pokfulam Station, the but was fortunately released by the Sanitary Board before the disease spread to your other station at Sassoon's and at West Point, by which time it was general throughout the colony; otherwise our business would have been entirely. suspended. As it was our sales in December Here reduced fully two-thirds from those of diture was largely increased, and the price of the preceding four months while the expen- all food stuffs, etc., had risen considerably. Al- though the yield has gradually improved, it is still far below the average of previous years. The Committee, however, have difficulty in lost by death two or three head from this foot- This is owing to the fact that although we only any further steps without some usand-month disease the bulk of the cows slipped dication of how the Consular and Customs their calves, and instead of giving twenty or oficials view the suggestions already made,
Tile Revision of Tariff may have such potent lbs. apiece. The effects of this are still being thirty lbs. of milk have only given three or four effect for good or bad on all foreign trade în felt. China, that the gravity of the Losition cannot station at Sassoon's in February carried off The rinderpest which attacked the be over estimated, and it is trusted that Yoursome twenty head of cows, and shut out the
The effect of revision cannot be confined to the two contracting countries, and its adoption by other nations has to be looked for; and whilst unaware of any amendment of importance needed in the reports in question, the Committee feel sure that the information and recommen tions therein given could, after a lapse of som eighteen months, be usefully supplemented.
proposed the adoption of the report and No questions were asked, and the CHAIRMAN accounts.
M. WH. RAY seconded, Carried.
Mr. RAY proposed the re-election of Captain Burnie and Dr. Noble as directors.
Mr. WALKER seconded.
Carried.
Mr. Cox proposed the re-election of Mr. Henderson as auditor.
Mr. POTTS seconded, Carried.
THE NORTH CHINA INSURANCE CO., LIMITED:
to the seventh ordinary general meeting of The following is the report presented shareholders held at the offices of the Com- pany, Hankow Road, Shanghai, on Tuesday, 25th October :—
The Directors beg to submit for the infor mation of the shareholders the annexed state. ment of accounts to the 30th June 1898.
1897 and Previous Years. After providing last, and payment of claims and charges to 30tli for the dividends declared on the 28th April June, the sum of Tis. 18,210.38 appears at the
forward. credit of these accounts and it has been carried
brought forward, the balance of the v
1898. Including the sum of Tls. 18,210.38
working ac count to 30th June amounts to Tls. 237,642.60. The losses incurred during the past half year have been heavier than those of the correspond-
ing period of the preceding year, but the work ing of the current half-year has, so far, been more favourable, and the present position justifies the hope that the full accounts of the year will show profitable results.
1.
general meetings of the Company in the month In future it is proposed to hold ordinary of October, instead of in April as heretofore, and this can be done without involving any change in the articles of association.
By Order of the Court of Directors,
ALEXE. RO88, Secretary. Shanghai, 13th October, 1898.
BALANCE SHEET-30th June, 1898. Dr.
To capital account —
[THE
To reserve fund
5,000 shares at £25-£125,000.00 at 28: 7d. 967,741.94 250,000.00
To working account, 1897 :— -
Balance on 31st December, 1897 411,182.13 Deduct
Share dividend
100,000.00 Bonus on contributions 49,329.46
149,829.46
Tls. 261,802,67
1592.29
TL 18.210.38 8,210.88
Less Amount brought forward from
below
Carried to next year's account
To working account, 1898 To dividends uncollected
Amount brought forward from below
237.64261
214 1,488,548.17