1
August 25, 1900.]
Capital-
BALANCE SHEET, 80th June, 1900,
LIABILITIES.
0.
* 12,000 shares at $50 each (fully paid-up) 600,000.00
1,000 mortgage debentures, 3 0. authorised issue at $500 each 500,0 0,00
Less 550 ditto not issued
Accounts payable
Unclaimed dividends
Reserve fund..
Profit and loss account
ASSETS.
275,000.00
Value of land and buildings as per last re
port
f
Marine lot No. 5, and remaining $
portion of Marine Lot No. 3 372,045,60 Remaining portion of Marine
Lot No.7
368,108.20
Praya Reclamation
22,431,02
Value of furniture and fixtures
as per last report..
138,454.73
Less written off, as recom.
mended in last report..
15,000.00
Since added
123,454.73 26,818.79
$
C.
762,584.82
CHINA OVERLAND TRADE REPORT.
CANTON.
[FROM OUR CORRESPONDENT.]
Canton, 18th August.
A PR. -FOREIGN PROCLAMATION.
225,000.00 18,607.74
By order of the Acting Viceroy Tak, the 3,780.50 Pun-yü Magistrate has issued another proclams 45,000,00 tion for the protection of foreigners and mis- 94,794.71 sionaries. This says that the Foreign Powers never expected the rising of Boxers in the $987,182.95
North; that they sent men-of-war there to sap press them and to restore order, nor would they send their ships to other provinces; that the gunboats which they sent to Canton are for the protection of their merchants and people only, and for no other purpose; that the Chinese must not believe any rumours fabricated here by the evilly-disposed to cast suspicions into their minds; that the foreign merchants are doing large business and enjoy great property in the south; that the Government depends upon this business to repay the foreign loans; that, as there are many secret societies and brigands who keep themselves in hiding, watching, it is feared, for an opportunity to rise, H.E. the late 150,273.52
Viceroy Li Hung-chang. in conjunction with 7,033.81
other high officials, has devised means to check 26,127.21 them; that where there were not soldiers enough 400.00 to watch, the officials have increased the num- 1,697.18 bers so as to keep peace and order and arrest 11,862.88 the bad characters; and that by treaty the per- 13,100.00 10,028.82 missionaries, and converts must be respected sons and property of the foreign merchants,
3.811.90 and particularly taken care of, so that after the 262.81 issue of this proclamation the gentry, merchants, and common people must watch and put a re- $987,182.95
striction upon the behaviour of their brothers and sons, and advise them to pursue their re- spective lawful callings in peace, and not to devise or listen to any wild rumours, or make trouble with any Christians. Any person or persons acting in contravention of this order," concludes the proclamation. shall be arrested 3,200.00 and severely pun shed without any show of 1,262.85 leniency. Let every one tremblingly obey." 484.89 Dated the 19th day of the 7th moon (13th 933.24 August, 1900.)
Shares in public companies Stocks of wines, provisions, household
sundries, coal and stationery Licenses attaching to 31st December, 19 0 Fire insurance to 31st December, 1900 Accounts receivable Steam launch
Hongkong and S'hai Banking Corporation Hongkong and Shanghai Banking Corpora-
tion, No. 2 account. Cash in hand.
POFIT AND LOSS ACCOUNT FOR THE SIX MONTHS
ENDING 30TH JUNE, 190, Dr.
To bad debts and refunds
To rates
To half-year's interest 011 debentures
($225,000 at 3 per cent.).
To directors' and auditors' fees
To fire insurance
To Crown rent
To repairs and renewals
To balance, to be appropriated as follows :—-
To set aside against repairs
and renewals.
$10,000.00
To write off furniture and fix-
tures
20,000.00
To dividend of 8 per cent
48,000.00
15,000,"0
To reserve fund
To carry forward to new ac-
count
Cr.
By balance from 31st December,
1899
Less dividend at 10
per cent...
Less transfer to re-
C.
$ 329.92 2,84 .50
0,750.00
1,794.71 94,794.71
$ C. 90,285,33
c.
60,000,00
•
serve fund
15,000.00
Less written off fur-
niture and fixtures 15,000,00
$110,596.11
90,000.00
By rents of shops and offices,
new building..
2,965.00
By rents of shops and offices,
old building
6,060.00
By dividends on shares
By bad debts recovered.
By scrip and transfer fees
By profit on hotel working account for six
months ending 30th June, 1900
$
•
PROTECTION OF MONOPOLLES.
SANDAKAN NOTES.
[FROM OUR CORRESPONDENT.]
Sondakan, 19
18th August,
⠀ THE CHINA-BORNEO TRADE AND THE CRISIS. It is reported that the steamer Sandakan is not to return to Sandakan until the trouble in the North of China has been settled; the dim- culty would appear to be that the Kowloon godowns are practically full of timber, and delays in discharging are anticipated. It is sincerely to be hoped that the Mausang will be kept on the run, as the total interruption of business between China and Borneo would be very serious drawback. Moreover probably one steamer on the run would do well, and not meet with undue delay at Hongkong.
On account of the amount of smuggling carried on to evade the payment of lekin taxes, the monopolists have chartered four steam- launches to cruise between the North and West Rivers on the look cut for smugglers, and the Wai Sing lottery farmers have also engaged two small steamers to run between the two places to arrest any persons selling false lottery tickets.
A MILITARY WEDDING.
C. The daughter of the Acting Commander (heong of the late Nam Sew regiment is betrothed to the son of the Black Flag general, and the wedding will be celebrated on the 13th of the 8th moon (6th Sept.) It is expected that the ceremony will be very grand and pompous.
CHANG CHIH-TUNG AND THE REFORMER.
It is reported that the reformer Sün Yat- 285.53 sun, who vanished for so long, no one really knowing where he is, has sent a book containing seditious publications to Chang Chih-tung Viceroy of Hunan and Hupeh, and that the Viceroy has sent despatches to the Shanghai 9,025.10
Taotai and the Viceroy of Liang Kiang, to 467.00
10.80 make enquiries and have him arrested for his 11.00 impudence in sending such publications to a
high official. 100,796,68
$110,596.11
REPAIRS AND RENEWALS ACCOUNT.
Dr.
To payments on account of repairs and re- newals during the half-year ending 30th June, 1900
Cr.
By balance forward from 31st Deo., 1899 By profit and loss account
$
C.
EX-GENERALS AND BANDITS.
The brigand Chiefs Ao Sun and Fuchan Hoi, who have resigned the generalship of the Canton Army, have resumed their depredations in the vicinity of Kwangtung, and sent letters to different merchants demanding squeezes, in default of the payment of which they threaten to rob and burn their houses and shops. The merchants came to Canton, and presented petitions to the Nam Hoi Magistrate for $ c. protection. 6,143.35 933.24
$7,076.59.
7,076.59
$7,076.59
AN UNFULFILLED CONTRACT.
WHARF IMPROVEMENT AT BANDAKAN. The proposed removal of the seat of the Gov- ernment from Sandakan to Jesselton having been shelved sine die, it is stated that the Government propose taking immediate steps for the improve- ment of the wharf accommodation, a much needed act; the present wharf is to be completely re- constructed, and extensions are to be made. The sooner this is completed the better for the port, as the shipping frequenting here is steadily in- creasing, and every encouragement should be. extended to it in the best interests of the ter- ritory.
V. 8. ACTION AT SULU.
been fined at Sulu, the Teresa being muleted to Again a Wee Bin steamer is reported to have
the extent of $1,000. Goods for the Sulu na tives are supposed to be duty-free, and two cases of opium for the Sultan of Sulu were landed-though not on the port's mani- fest; the authorities promptly imposed fine, as stated; as, however, Wee Bin's have given shippers to understand that another fine imposed on their vessels (the Nam Yang was recently fined $500 for some trivial offence) at Sulu would mean their discontinuing calling there, the shippers themselves—though totally without interest in the case-made a pool, and paid the ship's fine. This is an example of the way in which the American authorities encourage (?) business wi ports.
|
THE TOBACCO OUTLOOK. It is understood that Tawao Tobacco Estate. will this season plant one hundred fields, against sixty last season. It is encouraging to see even this slight improvement, for things have not been too bright for planters here of late.
HONGKONG.
The Venice Sanitary Convention Regulations at Chittagong against arrivals from Aden have been withdrawn in the case of vessels leaving. Aden after the 13th ult.
Sanitary-Inspector L. C. Brett appeared at the Magistracy on the 17th inst. to give evidence against the owners of 22 houses for neglecting. to provide back-yards for their houses. A fine of $15 was imposed in each case.
At the Magistracy on the 17th inst. Messrs. Douglas, Lapraik and Co. were summoned for not concreting the ground surfaces at 23 and 25,- Caine Road, and a fine of $10 was imposed in each case. They were ordered to complete the work within a month.
One of the gentlemen whose name was called as a juror at the Supreme Court on the 20th inst. was Mr. David Macrae. He claimed. exemption on the ground that he was over 70 years of age, adding that he was also dost and: unable to hear the witnesses. He was excused.. but the Chief Justice informed him that he must, take steps to see that his name was taken off the jury list..
A retired trader named The King Hing ap peared at the Magistracy on the 22nd instant with his head bandaged and his jacket co with blood. He said that at about nine o'clock that morning he was buyin fruit behind the A large consignment of arms and ammuni- Harbour Office, and had just paid for it when tion had been shipped to a certain foreign man named Wong Tuk snatched $5 from firm in Hongkong, and would have been sent him and made off, after having pashed to Canton for the Chinese Government under | him down. He gave chase and contract had there not been an order prohibit away turned round, picked up It is understood that Sir Thomas Sutherlanding the exportation of armas to China; so the throw it at his head. The man, has been invited, and has consented, to fill the firm had to cancel the contract, and returned | afterwards stopped by a constable post of President of the General Committee of the bargain-money to Sin Hao Kuk, the Boarding the money the man was sentenced the China Association, vacant by the death of of Reorganization, through its weiyuan Yew months, and he was similarly punished for the Lord Looh,
Chak Chou.
assault, the terms to be consecutivo,
the