INTIMATIONS. HONGKONG TRADING CO., LD.
GULUNIAL HOUSE"
JAPANESE WHITE CREPE SHIRTS.
JAPANESE COLOURED
SHIRTS.
CREPE
HONGKONG TRADING COMPANY, LU,
Lato the Hall & Hoßu U. Co., Limited.
12 GOLD MEDALS 5 SILVER MEDALS,
By Appointment. KUHN & CO..
Established, F30, THE ORIENTAL FINE ART paror,
FOXOKONG.
YOEGHANA.
Known by the Oldest and most reliable Estab
-lishment in the Basb. Hougkong, Sule February, 1891.
BY APPOINTMENT.
A. S. WATSON & Co, LIMITED,
(ESTABLISHED A.D. 1841.) HONGKONG,
We invite attention to the following old land adrants, all of which are excellent quality and good value for the schoy,
The same being specially selected by our London House, and bought direet from the most nated Shippers, aro imported in wood and bettled
grow the ut mederate prices.
For doz
by ourseless, thus subling us to stipply the best time bargains at present, and the market her In ondering it is only necessary to state is dead enough in all congiones Nor does the zame and quantity of Wine or Spirit wanted, Mr. Kiswrou's Bill propose to, puz, a stop and initial lakfər for quality desired.
Orders through Foon Post or by Telegram to time bargain, but only to the male of reseite promp: attention.
abares by people who do not possess them. POETS. For Invalide dal geser une)
Mr. WEFTEHEAD in his letter states that Cass. Por Dat. other Bank Managers of longer experience A Alta Dhaw, good qaslitato sto in the Calony than himself say the Act
Green Capsule
would be a dead letter except when dishonest speculation came to grief, that then its action would protect and favour the rogues, that it would not stop.time bargains, that it would ncourage dishonest speculators, and possibly induce on who were not actually dishonest to begin with, bat whose scuse of honour is not of the highest class, to speculate wildly in time bargains knowing that if their
Vintage, Superior quality
Bei Capsule
C Finis Old Vintage, zup-
J
1.10
D Very Fine Old Vin
ericr quality, Black Soal Capsule
Fiatago.
125
L
*
1.50
SHERRIES.
A Delicate Fale Dry dinner
0.60
extra superior, Violet
Cansals Old Bottled... 18
wine, Green Capsule...
Superor Palo Dry, dineer
C Manzilla, Pale Natural
CC
Sherry, White Capsule 10 Superior Old Dry. Pale Natural Sherry, Bed Seal Osterle
1.00
10-1.00
wine, Green Seil Capsala 7.50 0.75 speculations turn out well it will be a good thing, if badly they can repudiate their ep- tracis succesfully. But where would such } people find others willing to sell to them ? 1 a man wants to enter into a transaction foot recognised by the law he is careful whom The deals with, just as af cards he will not play with company in whom he has not confidance. We cannot se, therefore, that this argument has any fores.
D Vor Superior Old Pale Day. choico old Wine, White Seal Capsulo...... 12 1.10
E Exte Supario Old Palo
Dry, very fuest quality Binek Scal Capetle (Old Battled... ...... 34
1.26
THE HONGKONG DAILY PERŠI PRIDAY, JUNE 19:■. İşi
The Bich passed through Bingapore on the thirst, bleven days oat from Henkow, being the second tosstosiner of the season. Her cargo is o
sponsigned in Odessa.
...... Foro
Meal
dsama. It appears, according to the. Straška
REUTER'S TELEGRAMS,
(SUPPLIED TO THE "DAILY 1936."]
LONDON, 16th June, PROTECTION TO MISSIONARIES
IN CHINA, The Emperor has sened an Imperial Decree dering the Chinessofisiale to protect Forsign Missions and punish' rioters-
[FEON SINGAPORE PAPERS.1
Lowpas, 9th Juzo.
Proposals for tres education base bear intro. duced to the pass of Commons. It is proposed
Canada
SUPREME COURT.
18th June.
CRIMINAL SESSIONS.
BEFORE MR. E. J.. ACKROYD, ACTING CHIEF STATICE.
THE SHARE BALES BILL
MEOTING OF TRE CHANHER OF COMMERCE.
I bare
Three para has done more injury to Hongkong
the waything have experienced before. (Ap lase. As Mr. Francis has proposed a motion against Mr. Kasvick's Bill I beg to propose as an Haandment, “That this Chamber thinks the pro-
[and whether this Bl pada or not I my mach numbers. It was unguested the haper would wright. I have dogs a fate desku, I want was prolty mushalíve up to 1889, and now we
operations have denbau immone deal of a base a sortain guarantee that the shares existed, with that business until it came 1017 are suffering for it. If we had had a
in this Colony. I am very likely to be wrong in But will the buyer bo the better able to pay for my mind. I remember that it cama one morn- "deadened market, doting, that period of
poms of the vise I tako, nad if thie Bill is to do them hon sottling day doman, or will any fog, that the saltiratinol land was the only dianstrous inflation, that is, un boness mar-
A spezial gɔnerai mosting of the mmmbors of harm-I do not wish il to pass, and it is for that greater diaprodit sotnok to the cams in which of proper employment for a gentlema. (Loud The Hongkong Cricket Club haj reomradun the Chamber of Commeres was bald at the Cham-reason. I wish it to be fully disormed. But bayar la nuable to take them up? Again, there is laughter). I mostrad to give up deallur in kot, a markos in which only actually exist invitation from the Shanghai Cricket Club coaend bars Rooms, City Hall, yesterday afternoon when you go out and dad ovory other man in the no provision in this Bill that it shall be unlawful sharog and I said an Iame into this room this ing shares were haught and sold and from September being suggested as the bat tirantira Council by the Has. J. J. Keswick, article you want to know the cassou, and I say this is in the oontrast. Unless some sack olaus is pet whose looks seemed to say to do. Way nee zor
a team to the Model Saitlement, the middle of to consider the Hill_introduced in the Legisins ¦ street rained-I am not overstating the case-to tender any other shares except those mentioned afternoon to a cotaxie of young gentismau here," which the gambling element was abeant, our. An invitation has also been sent to Japan. As Ordinance to atat the law in respect to a roasou, and a strong rason why so many pos- in the Dill would be parissti asiest, because a taking away one bread, you did rufion** Gon- present condition would have been very
the sale of shares in Companies Registered pls in Hongkong are at the present time altere man who had many transactions might offer themes. I wish yan"-laughter)—aced scarcely unch better than it is. With such a severe received by the Singapore Benratary of the Raub and in other Joint Stock Companies Thore comme if you ask me whether I expect this B no dangas would be obtainable froh him. that I think every consideration should be shown The following" talagraan from Mir. Bitby w nuder the Hongkong Ostinonesa 1813 to 1888 died, and it is bad from beginning to ond. Of shares other than than he contracted for and say that I sympathise with these gentlemen and object lesson before us, it scous singular Australian Syndicate at 260 p.m. on the 11th wore present Me. . Maskintosh (Chairman), it passed to put an end to mehr eparations I say The tape might be entitled to bring an tom very intelligeatand highly respectible glass that the Colony should fail to profit by it. at Crashing inlabed. 1350 bus of stone Han: F. Bydle, Hor, J. J. Kotwick, Hor. Tuo, it will not put an end to them, but it action for breach of contract because the of citizens. I think they are most enterprising After the decision of the Chamber of Com-havs yielded as ouzos smelted gall. The re- H-Whitehead. Mars. H. Hoppins,, 9. C. Mi will tand, I think, very much to limit then, and shares ho wasntition to warn not delivered to man, who have shaken off the shackles of servi
sult of the last alent up (baing part of the above halen, R. L. Gray, JT. V. Tornon, W. Hetall events it will being discredit: apon' thoas him, but he would revayar nothing mero then tude and have turned brokers. Many of there have morce yesterday afternoon, however, it may crashing) was 550 tons of stone, giving 1400 Young, G. B. Moses, T. 1. Rasa, J. Thurbarn, persons who to a great extent follow the praction nominal damages. That, gentlenes, serms done very well and I would only hope that others. perhaps be considered expedient to postpone noes of amalgama.
H.J.Sooth, G. D. Scolt, G. . Patta, J.Joseph, of alling on time for the purpose of dsprestating to me to the strongest argument against was have shaken off the shaski of some of the JAPANESE SILK and} CZEPK 90AEFS. the Bill unti public opinion is more parly The faltare of a native Bank in Amoy for Mendel, F. T. P. Forster, E. Gaorg.de W. Lay valueof the very property they have sold. Istated it ona by done, but will this Bill do it? Oulating the Queen's Band will do eqally wall W. H. Wellas, P. Jordan, A. 8. Cohen, £, that which they have sold; they deproolate the the Bill. It is desirable to stop gembling mostimportant institutions and taken to poram- eultivated up to it. Although we agree Roma Livs fakbs of dollars has involved in beaten, H. W. Disk, E. Moltre, G. Sharp, E. ..when I began those remarks that 1' wanao-ha canealy even heard of a case having been and that the bad times will by and by pass
Foss the compradors of the branch there of the with the minority, wo fool that the decision Hongkong and Shanghai Banks, who was closely Bellios J. J. Francis. A. M. Conachie, F. quainted with most of this arguments that would taken into Court in this Colony daring the last away. Thereas in this letter of Mr. Whitehead ALIU,
of the majority must be treated with re-related to the hoads of the firm. Tas Hongkong Ray, B. W. Butter, E. L. Woodin G:8. Gon, be addused against the Bilt. I read a very three years and if, this Bill is passed to-morrow some remarks quoted which were made by the pre- spect, albeit the majority was swolen. by aud Shurghat Bank itself, we anderstand will Holliday, &c, and F. Henderson (Secretary) interesting letter on this enbjoot in the paper will is make the slightest difference? Every sent Acting Chief Justice, Wisich I think requira
suffer but very slight loss, being vered almont vening the meeting.
The SECRETARY boning read the butice on this morning by Mr. Whitehead, and in many month there are two or three failures of persons some notion Mr. Ackroyd says in these re- CALCUTTA PITH KATS and HELMETS a number of brokers, who are interested if not fully by asoutien..
respoats' whit lio says is very sound 'vory good, to take up shares they havecontracted for er to pay marks made in the Council, “If this measure in The CHAIRMAN Baid-Gentleman, you have: kod very true, bat, speaking from memory, Ithink the difference, but how many of these unsas goountrary to pallis opinion or in advance of partion. The decision might have been dif-
A beary fine was infliated on fone traders at heard the object for which this meeting has he said that you might as will stop operations into Court? In these tranenstions as the present pable option we may so the spectacle of in all the latest Stylos and Shoper ferent had the meating been a public one, the Police Chart yesterday. The man wars been ozled. I may say that my mind and I in merchandise or exchange.
moment it is all a matter of honour. People the legislature having paumed
a law which instead of a meeting of the members of the charged with baring opium in their possession think probably the minds of all the members of Hon. T. H. Wimaxray—No; the outhority expost to be pull and they know they will be is being openly violated every day," and in without the woosssary certiflostos. The defence the Committee is perfontly opsa to receive I quoted said so, it is not my statement. paid if there is nny mcnoy for them to be paid the joining oclumn of the paper, there is Chamber of Commerca only, but, that of wae that the opium was to be used as samples ggestions either pro o con, the subject which Hon. J. J. Keswick—i bog your pardon, I with. If the bayer down not take up the shuros * letter from Mr. Lemm, the architects --- Course is a mere mattor of speculation, only. His Worship, however, declined ac will be discussed. I would only state for myself am merely speaking from memory, but there it because he has no money thu lobar grins and referring to meztanies nors in Hoarking. It is very possible that difficulties might sepe this defences sail fined each of them $100 or that I deprecate any interference by Guvern.is, au nu said you mighties will stop opera bears it. Anyone who knows anything about Why does not the Building Ordinance wens or law in the conduct of commersial opera- tious in exchange en these operations I have re the market knows that, whether this Bill legislats for something which was in advance be encountered in the practical work two months' imprisonment with hard letour.
tions in this Celony. I think the less we here ferred to. Now I vül tell you the difference preses, or not, ebars apaculation will stil gn of public opinion and which we son violated The Band of the 1st A & 8. Highlanders of Gatorument interferoses the better. Ap- I see ing of the measure, shares passing as they will play the following procrates at the Bar-planta.) The tilt on which I understand the Ordinar oxaltaugs ant sparations in sharos which a numbers b ing given, just as has been done in mezzanino floor and when the Building Ordin between operations in marchandise on and shares will be sold on time without any every day?. Tu avery Chinesi house wà End de between this and Shanghai and the rack Square this evening, consuing at 7.30-ci now sought to be passed is founded is what is war do not posses and which he hopay the the past, for on legislation eas step the gaunting ance was brought in and we wanted some Coast Ports A Hongkong man buying March "The Bogia Man"
Exppey known as Lesuar's Act, which was passed in the bayer will noter take up, because he hopes the spirit. Speculation in sharon on what may be a terations made with regard to these classed, shares for forward delivery in Shanghai Vabo The Hivar of Yones".
Lanoore... "Fonnaught"
D'Albort. United Kingdom in 1865 or 1866. The object buyer's hour will ever exo. that the absresuntled gambling contracts will go ou precisely General Cameron said. "No," and striking the Lkiollof blust Bill, as far as my memory serves me, sill be down before they rasob hita. A man the same after the Bill is passed as they do now. table with his band, said this legislation was in would probably not know their numbers, Folks
"Chippics".... Quadrilla "Andzont
was to stop a clean of paraone who were oiled who operatas in exchange, it will be mid, sells No Act in England has over you micoseded in socrdanes with what was required throughout and it might be considered hard that dator........ Politeshamikker
Kubnet. wreckers in those days, whose business it was bere and there and everywhere. Why stop checking or stapping speculation. A very des British Sopire and that no mazasnice quote he should be deprived of bis-chapcs
to depreciate the sock of various banks daring bis Faat if you don't, why stop the man who severe Act vás pazzed in the reign of Goargo were to be permitted. Yon may say our laws The German steamer Lydia, which arrived at the main which occurred at that time in alla shares I say the difference is this the II. fàs Jobɔing hot, which was passed against perjury and theft are in advanes ci of selling them forward on the Hopg kong market. We should not ourselves fdelingapore on the morning of the 111b inst. Order on the tanke for their an who is in a position to sell bill of exobange for the sung am parpose sa this Bill now public opinion; van baze perjuries and thefts Was not legislation destruction. If the Bill that is sought to be for delivery, any, air months hence, has one before the mosting. By. that Act parons committed every day. from Penang, while taking un bar postlessed in this Colony is on the samo lines a thing to show lo justification for doing an, and ware forbidden to sell or part with any against building those foors a little in advanc F3s diaposed to attach very much importance to the Borno. Wharf oollided with the stueritat, if appears is me thero is hardly a necessity that is his credit; I dofy him to do it without, stooka they did not possess or did not don bis opinion and do not hinder
the point, but we can better understand op Time, that the Lydit sans in through New for it, because of the various banking institu. Dat the man who has nothing in his pocket intral and that Act of Parliament was raposled Ficists tia Ontinance every day? I think ju WINES AND SPIRITS position to the Bill on such grounds as this Harbour from the postward and when just op, ficus deing basiness in this Colosy there is the way of shares, and nothing to bay them with, in 1839 by 23rd Fictoria, the preambla satting legisinting we ung desire to move a little ża than on the general ground that it would at the Barn Wharf she turned on sont in in this Celens, namely, the looul bank; so time may de se débough he has cota dollar in bis freedom of trade in stocles and shares. So that is larpur, sad perhaps that may be sand in only one whose abaros ato bought and deall if be conget persons to buy shares from him on ( forth that it was a sorious interforenes with the adrance and so tras publis opinion gradually in of the warrant, and ran bew on to the drama "denden" the market which is the key-which vessel was disabarging coal at the wharf, that the applestion of this particular law pocket. Gentlemen, I did not intend to make any although that Act was passed and was in forch farour of this legislation proposed. I think note to Mr. FRANCISA opposition, sa wall striking her shant midships. Both vowels are to this Colony in the sense in which it was remarks and I will not weary you any further, but for many years. Parliament after a lengthy orally that if one-tenth part of the guergy that ME WHITEHEAD's. Every stock bas. its slightly damaged,
passed in the Goited Kingdom does not appear Me, Franair suggested that some one, so to perience concluded that it was loss to has been displayed in the abure business during to me to be useded; bat no doubt those who spank, should open the ball, I have ventured to attempt to stop gambling in slooks and the last your had been carefully devoted to the intrinsic value, and if by quickening the
propose the will be able to show us some inflfot these few, ramark's man yon. As the proslaves, and the only result of legislation andy of some mesaufacturing or trading pro market is meant unduly inflating stocks above
vory strong necessity for it. The actual and moter of the Bill I hope the disons ion about to on the matter was to intortora with the jets we might have got more capital out of it, their vale the consequences to the Colony!
tras trade of the Colony, the normal trade take place will lead to a baller utstanding of freedom of trade in shares (Applause). I Where is the profit on this time that has been I may call it, far as my observation goes is it, and I deprecata on my part any maire for seems to ma that fron trade in sharon man auscupied day by day with the stock list ? Me of such quickening cannot be otherwise than
not one whit depronisted from what it was some me single cement to be a putributor to any free market, and a from market means not Francis says if this gambling were not permitted disastrous, favourable as they may be to in
years agg. The present depression that we are massure at all that can set mafairly towseda a market limited to a comparatively few we should has such a limited ares to doel with. dividuals. However, there is no restriction
all talking of and all referring to appears to any single member of this community. (Appartons but a market open to speculators we should only bare the people who wanted to ma to ariso silly from the mania which seems plans).
as well as to persons intarestad ja invRAL- invest monay, we should not have those people to have prevailed, not only in Hongkong bat in Mr. FRAMOIS-Mr. Chairman, will you perment. What do we mean by apocristior. Pro buy shares heauto tby wont to sell them many other places in the East periodically, mit as in the first Iretance to say I would out Every purchase who wants to sell again in again. Whorehas theprofit gone out of such busi We suffer from it and we recover from it, and mature to rise here as a member of the Cham comparatively shart time to a speculator, not an ess except to my old friends tas brokers, who this time we appear to have taken it rather bar of Commerce to support any particular view investor. If this Hill is to be operative to the bave got something out of it, and quite legiti- badly; but if we are to legislate for the stop. if I did not myself enteria that view. I want extent the last speaker and than who support mately too? I saw this speculation 47 years STRIKE OF THE LONDON BUSMEN of this rampant maculation in shares, let to assure you that although I am to appar to it intend the salt would be to tarn onto and the Bank I was in karst up through it; us was that it is not done in a way that will hurt morrow before the Legislative Council as repre- of the market all those who bag and I want to a scoood Bank, where I was promoted A general strike, of the Leadon omaibas menthe true source of the Calons. No doubt menting the Sharebrokers' Acrosistion to oppose all parely and simply for the purpose of gar to second in dom nand and it was broken through has taken place, and on Szalay there was a som- there must be many bond fide transnotions in the Bill, and although I undertake to e pose it bling or speculating, who have an interest | is—(layzhtar);—I wout to a third Bank, of which plate onvention of traffic.
shares which occur every day, and to apply iswa hora, it is not on the same grand, or from their any particular companies, and alo net, I was the manager, and it was utterly crushed to regulate them appears to me to be travelling, samo natives, as it were, but simply because in want to invest in them. What a very nerond destroyed by it. (Tout laughter). And nutside the scope of what is required. "But, as I investigating the matter with a view to properenketindeed for shares you would thou are then, gentlemen, remember, thers in any her very omnibus men.
'I'nblis opinion in London is favourabie ie the said, there is not the slightest doubt that we shall for my daty to-morrow I came to the conclusion only those who seek investraents. Items to me important poins, this troublo In shares de
be shown by those who are for or against the the Bill ought not to be allowed to pass. When that the Bill if passad will do mischief insted prociates the profit of legitimats Investors. I ML. GOSCHEN AND FREE EDUCA.. Bill reasons why it sold to payed or not I frst say that Bil. I thought it would be a of good. I am suzioas lo remind you again tave never bought a Bank sharo, gematig to my
TION.
pavi. I woul-l'only make one more remark, in most excellent measure and that it passed it that all I have sild botors you to day I should distress and sorrows and regrat-Iughter),—but the shape of a suggestion, and that, is this, if it would do a great deal of good. No one may have said even if it had not been my duty to an arena blows us for it siter sing in thras be songht to curb what are called time bargaine possibly deny that a very great deal of misohitmorrow ta oppase the Bill. After talking to atakut banks? Renewed laughter I only it appears to me that probably a las drastic has been done daring the last three years or grout many gentismen bara, those representing wish now that I had bought bank shares before. to divide & million sterling squally between theurs than what is proposed would meet the more and et other periods in the history of the both the one and the other side, and after read. I say those disturbances in the market də
anse, mud that is that for every sale of ahar Colony in consequence of occssivesharǝsproulaing sverything that has been said and written not encourage legitimate Tevestors school board and voluntary cols.
THE LATE SIR JA, MACDONALD.
where the establ sombers of the shares tion, so if by any possible wow that gambled the subject. I hate satisfied myself that won the time hon as much as $100,030 va in which are sold, either for delivery at ones lug spirit could be checked a very great benefit the Bill will do a good, will produce as effect invested in Bank shares as one time, andi. the com public funeral be giraz to the late Premier of wals of stampe to be aflied to the transfer, and the trade of the Calony, but to the individalone which I think vrst people will agra is a
The Canadian Parliament have votal that aur on time, are given, there would be a certain would be done not only to the Colony, and the state of affairs which exists at present, and is in one-digit par out, or rather one farth, for the broker took it from both sides,8750 another and big bar scale for those in which na member of the cmunity. But that is hard table. The Chamber of Cammers may for ous transation! Well, I must not wasta numbers are given. The ravanta of the Colony ly the question. Bruzy ese will admit that dira that it is strongly desirable to atap more time, but I do sincerely trast that Me.. would be herafted and probably a certain The question for consideration is, will this gambling in shares without feeling themelres Keswick's Bill will have fair and sarnest cen check would be placed upon what are culled Bid if passad bare any prefni effect, sud it called noon to anpport this particulse fill. The sitaration because I think.it would benefit tha gambling transactions. (Applauss). It sy seoma to me-and I este to the conclusion question for this Chamber is, will this Bill if Jolony. I do not want to preach a sarmos te you gentleman has any suggestions or any remarks after very careful study and hearing on pared stop spevalation in shares or interfere and you do not want a sermon, but remember that to make upon this Dil, sitker pro e con, we all sides what could be said for and sgaing: it— with the class of operations that have baand men de samastimes brows little more thas will be very glad to hear them at once.
that this Bill would affect no reformation and reled on for the last few years, or will it not, young . sad the gambling spirit of the last There being no immediate romonas Mr. in all probability would do a great deal of mis- if it does not do that, stap y do mischief instead Francis asked on whose initiative lan met hief indirectly in interfering with free trade, of good? I bernow to moto ng a resciuting ing had been called P
and not remind you why oszpanies were That this Chamber disapprovas of the Ball in The CHAISHAT-The Buorelary will read formed to allow large saus to te zallastelita present for being of opinion that it will Mr. WHITEHEAD recommends as an alter
the requisition if you wish it. It was called from a number of small capitalists to exrry out effect no neoful purposa” (Applenso). ative measure the licensing of sworn and
the requisition of ton members accord rest enterprises. They constituted a great altar Mr. BECILIOS-I think there is a little imposed legislation of Hon. J. J. Keswick is a step substantially guaranteed brokers with
ing to the rules. Would you like the names?. affen in iba law of partnership, nodar which if neuracy in Mr. Franola's remarks or perhaps at the right directionand will promote the same." strictly regulated stock exchange rigidly er.
ME: FRANCIS-No. I would simply anggest member wished to withdraw the whole business so much wy inaccuracy, probably it would be The CHAIGNA*---I may perhaps be allowed The Acting Attorney General (Hoa. A. Jthat some of those gouthmen on wheese motion bad to be wound up. One of the spanial objecta | more correat to my alpam lingue. Eu so remark that I am pretty well aware that jcluding all "jobbure.” A good deal has Leta) prosensted; prisoner was undofonded. the meating was called ought to have a resole of the Companies Act was to allow s man to that a buyer bays two thongan shares and by the share transfers pass from haud to batir, The following were the jurors: Wtion to propose and then it would give us transfer in the open marker his share of intèr so doług raises the prica shares. He then hat it would be a simple matter to insist that been mid at one time and another about. Wallace, W. H. Walker, H. B. Pike, A. Mut something to talk apen. Those who have at ik toe aampany. The great advantage of alla 2000 on tm, giving the ambere in his on every ale being made, before the transfer Chat. Per Bot. licensed, brokers, but the, functions of the ler, G. M. Bannorive, D. J. Patrick, and W. 3. called the meeting for the purpose of obsin company law is that this immense mass of capi-contracts, and thon he says the very same sellerosuld become legal, the note must be stamped.
broker would remain the same whether he Bamsey
ing an expression of opinion would best tal can be swept together from the pockets of «lis ihem again for cash. The object of this Mr. SHARE-One stamp answers the purpo 30 The Aoting Attorney-General asid príbor obtain that expression by putting a resolution poor people and in small sweante, and each Bill is to restrict the seller selling these shares of three or four purchases.. ware licensed or not. Aaubstantial revenue as charged with assaulting a manes shariger, before the recting. I venture to suggest that man's base finds a rudy and easy market when again, and that, I think would be a very great The CHAIRMAN - Yes, but I would legislate might be derived by requiring every broker Fin Chik afan, and robbing him of $120. The would be the waist way of commencing the dk-arer he wants his money basic. Company Inadvantage to the Colony.
against that. Mr. Sharp. complainant was a money changer who caroussion.
and the existsure of companies, and company MFSXCIS-I may have been guilty of a
"Mr. J. Y. V. VERNON Sonded Me, Francia'n to pay a licence fee, but beyond that we do business in dubites Street, HeHon. J. J. Keswick-Mr. Chairman and goampitel, would not have beer carried to the es lapse lingue. What I said was merely as an notion disapproving of the Bill rol Bew that it would have any offact. It was in kia shang on the 14th lost, abontlemen, I did not cous bere to-day with the intent thor hare and would not be enpablo of do- illustration and that was that a mes parchased Mr. Dick sald he saw around him a number might be an advantage, alec if brokers 730 pm when prisoner and ucotber man tention of making any remarks aɔen this anh- ing the great good they do it say limit were to thros thousand sharon suil than soki 2,000 of of gentlemen in the shure business who bat al- were guaranteed, but that would not check entered the shop. The prisoner was armed jeut, hat as I bappened to write the latter be placed on the sale and disposal of the shares them on time at a very handsome probit he then candy expressed their opinion against the Bill la with a sword and the other man har to the Chairman asking him if he would be 16 sms to me that it would be indefensible or proceeded to dispose of the other 1,000 in crder the shape of a protest from the 9hare Brokers' the gambling element, nor has the noster. The prisoner threatened the com goal enough tocall a meting of the members of copt for some clear and distinct gela to plass any to bear the market.
Association. He wished to know if they wers-- cessity of a guarantee been shown by plainaut with his award and the other man fired the Chamber for the purpose of discussing thisin-limit on the freedom of the sale of shares. Now, The UHAIRMAN-That is what I understood gain to express their opinion against the Bil
by voting on the motion. O any instances of brokers converting the bis revolver, probably with the intention of portant measure. I think I may baoxersed if any what is this Bill? Its object in professedly on you to say
frightening the people in the shop. They then a few words. I am skilred to the Chairman of the face of it to prevent tàɔ mio of shares which Mr. GRANVILLE Smaar-I think it very
*Mr. Youko-We are bark as mensbera of the mrip of their clients to their own use or ransacked the drawers of the shop aut found the Chamber for his promptness in examining are not in the possession or under the control valuable to have the experience and knowledge Chamber of Cemmere. with Namo and Trade Mark 8075 indulging in other malpractices. Falls notly to the ariengrained by the owner of the of the arguments that I believo are to be ad-object by sompelling avory contract for the sale and modern loglalation en gambling. I think deve a vote or whether thare would be only one $120 in notes, which they took.. Owing apper. | the meating. I am already angeainted with most of the seller, and it endeavours to owry out that of the Queen's. Conzad of the offset of anisot Mr. Dick asked whether each partner would the passing of Dr. Kawior's Bill the shop and the report of the revolver, a constable duced against this measure, and I need hardly of shares to state the numbers of or in some way we all agree with him art with our Chairman rote for the firm. 8 0.75 remedy suggested by our correspondent made his appearance on the scene. The costs say that, I regard the whole of them sa very far to identify the shares that are sold. It imposes that any attempt, effectually, entirely, and ab "Investor." is worth, consideration, namely ble was fired at and the two men endeavoured to from being sound. I have just listanod to the apasity for inseling false numbera, but it does solutely to put an end to gambling is completely make their escape The man with the ravalvor remarks made by the Chairman, sud by way of not defta falu zumbers, and it does not make impossible, but is there not a great diferous to render illegal ontracts in which depa bat the prisoner in attempting to do an comment on those remarks I would point out is misdemeanour to insert the ambers babereen offering facitins for gumbing and the brokers sign for the concerned." as caught by the castable. He thought the that, although I do not believe that the legiti. of shares of which the esiler has not passes doing what to the bit of our intelligence jury, with the aridence that would be profused of mata and general business of the Colony has so me control, The only effect of that we may think is calculated to dimime it! It is to the opportunity this proction those facts, would have a doubt that the pri been in any way interferod with by andur provizion, it seams to me, wald be that if The Chairman has aladed to the imposi The wondment was then put to the meating affords for underhand dealing that the un-, although he might not antasily bava takken gambling in shares, still, I su satisfied that the a company had say only two thousand aharor tion of a heavy atamp on those trasfors on
and low by mrventeen votes to tea. The aatisfactory character of the Honghong the money, participated in the robbery sad was individual credit of a very large number of it would be a mistamisanone to insert in the con- biol. the numbers were not stated. I think riginal motion disapproving of the Bill was persuus has been thereby very seriozaly affected. trust numbers above thut figars. But that is a stock market is largely due. It allows the equally guilty with the other man
it is a fact that is known to all the brokers and then put and carried.. Aftar hearing the ridends, the jury on The most important ergament really, tha tsohnical defect that might be remediod. The to a good many of the marohants of the Colony: Large operators to remain in the background mouels found the prismer guilty.
argument that has weighed mest with me gamation is, will the Bill prarast that happening that traustors pass through a great variety of and pull the strings at their pleasure. The His Lordship said prisoner had been found the introduction of this mauro, has been the is the fature that has happened in the past in hans before reaching the registration ofge brokers are almost helpless in the matter, there are gone to try unjust and very harsin to a large section gras muruber of persons in the colony who hays Trasanry of any impost of that kind. Mr. Francis guilty of a very serious flanco. He had argument that it is likely in its application to Hongkong? I sakit pot. There are a very which I think would negative the value to thr for if they refused to sign when requested man who was with him fired three shots. If any of this comutally the gentlemen who are suffered serusly in one-quence of the shat has referred you to the advantage of limited liabi- 10 1.00 they would simply throw the business into of these stats had taken fatal effect on anyone brokers, among whom I am pleased to count munia of the past three years; but may I point lity companies and assistions by giring an op- We do not hold onessotros sag onsible for the opinione
the prisoner weald bare he found wuilty of many friends. That is a very weighty arguns in passing that of course great deal of loss purtunity for the profitable employment of accu the bands of their competitors. To render marder. The offenes of which he had been conmont, because I stelder any enactment that is has been inenarred not by simply buying and selling wulations of saruinge which otherwise might 0.40compulsory the declaration of the principal victed was very serionelle senteuon him to likely to bear harshly upon any section of the shares but less many companive were not be put away in amokings and for which ar TIME BARGAINS IN SHARES.
in all crees would not be such a entisiusturyalse to be twice pegrately whipped with treaty. For that reason I have been crocodingly anxious Isses in connection with the failures of companies Hamburg and other centres of capital, everything "five yours” «imprisonment with hard, labone and formmunity requires very serious ovnsideration. | started on a sound basis, and there hara boen so could possibly by fonad. In Laden, in 4,50 0.40
TO THE EDITOR OF THE "DAILY. PRINJ." 0.20 0.50 way of dealing with the question as ft. fire strokes, each time within iko tiest six months that, the most rafal consideration and the apart from the loss on dealing in shares. But from the manufacturing sud agricultural districte So I have raid Mr. Whitabuad's letter on
Keswick Bill, but it would go a long way of his imprisonment.
fallegt opportunity for discussion should be ♬ course there have also heas great lowes on finds its way, to the metropolis and so imminued this subject with much interest, I bara noes- Fint Old Jamaica, Violet
- UNNATURAL, OFFENCE,
afforded to this Bill. There is a Tory general buying and selling. What hus lisan the males amount of unemployed money belonging ton large islomally done a littlu in buying for forward de L'upaulo
to cure the evil. Mr. MACKINTOSI's sugges
Bam Singh, galassar, and So. Tat were found understanding, I think, with regard to the operandir Who sea the Imeru? ~ Can you point number of uwimployed persons, who do not livery myïelf, but as a matter of principle have Creed Lonward Island 31.50 per Gallon. (tion to put a higher stamp duty on contracts guilty of an unnatural offence and ware each intention of this Bill My intention in referemos a any are who his lost money, by abort selling P know what to do with it, is invested to se novar sold shares I did not possess. Still this LIQUEURS.
in which the shares are not identified by sentenced to three years' imprisonment with 10 it has not by any means been to restrict the If you look over the list of your anguslatadors | bout advantage Those persons come to London is done, I know, on a large seals and with deli- Bonedictins Merazobins
burd labour,
legitimate sale of shares. On the contrary, it you will find 100st have lost their maney not or receive daily the stock lista and they pore overberate design te depresiste stock, to frighten Greats Roaring's Chorry Cordial numbers, and to make the duty payable on
IN THE FORTUNE TELLING CASE.
has been to encourage as mura as possible all by aslling short, bat bybaying for the themand say, "What use can I best pat my money weak holders, and then oresta panis, when the Chartresso Dr. Blogurt's Angostura: each transaction instead of allowing the cir
Wong Kwai Chou was oberged with stealing legitimate and bană „lás enterprise, and I am rise. Take the illustration which the Just to "But dows that apply to Hongkong? Who operator steps in and bugs st pusio prices, sell- Bittera, độ | culation of blank, transfers, ought also to be 8140, the property of Sul Sing Hi, on the 4th palized that I was not mistaken in saying that speaker gave, of some wealthy company or has moues berehat does not know what to do with ing again when the market has recovered. It
taken into cormideration, The ventilation
November. 1889.
if this. Blit becomiye daw it will not cariously individual setting to work to rig the hour. it (Langhter) You can go to the Hongkong and is of course to prevent soob fajurious end uafair NOTICE TO CORRESPONDENTS.
risoner loaded not guilty.
reatriot businem ju shares. All I wish to do is it. What does he do?.. Firat ko has to run | Shangbai Bank and you ona got a very good traductions as those that Mr. Keswick's Bill Galy summunications relating to the news columns of the aubject will, we think, lead to some
The Acting Attorney General said, probably to rustijot.operations in shares by men who do the market up, and he sata to work to buy share; interest for it. I only wish myself that I had has been introduced, and if it be passed it will ahouka lan a idroseed to Mikor."
Correspondents are rated forward
good, oven, it the remedy for the admitted the jury ever would bare been troubled with sat possess there. I consider that if this Bill he does not buy on time bat for fish, and gets taken it and I ebould now be a millionaire endoubtedly be a check on operaters; bat on the and Labres et quies, out extracted to the evil does not take the shape of the Bill in this ses prospt that it occured in 1866, aad the wore mudo lay it would give. the buyer the the abaros in his bands: Let us say he has three (Laughter) I say that 5 for cent, on twelve other baud it will, as Mr. Whitehend suggests. Magistrate had an jurisdiction." A coolla named | Bésaranes that what he purchassa existed, and thousand shares. He nella se long as he on find mouths' deposit is a due stock to fxreet in be claulated to deden a market atraerly Sal Blog Mi in 1859 was desirous of investing it would give the odor the assurance that buyers, my two thousand sharon, at: very high Mr. Francis says that people hare not lost in a state of onliapan, besides providing a re- money in the Wet Bing lottery. He therefore there was good ground for apposing that rates. If this El passes be may have to keep masy by dealing in abaras bat, by investing mady which might not promo so. offlanciona went to a fortune teller, who afterwards intro. the buyer would take up that whick was sold extra elesk, or it may occupy him half-an-it in companies that have failed. But as it expotet. If the Bill be withdrawn how- be went before 11 am on the day of patlication. Fongkong tao or three days after the arrival of ba better able to deal with the gasa. The pri- you wara to sak toe to go through the history and put in the actual numbers of the shares fallares ? Because they warn got up in a proposed. No doubt Mr. Whitehead's gestion doged him to the defenduat, who, he said, would to him when the due dzia came. Of course it hour longer every day, to make ont the contrasts why have these companies. façmad outøver, I should like ti san some alternative measure the Hyacinth, which is expected there on the 21st gator told him it would require a lot of monos of the past three years as regards operations in Well, now, don't forget that every one of these gambling spirit, for gambling pasports; they to have sworn and guaranteed brokers might de font....
and the complainant gave him $50 in the first shares, I think I would not have very great dill, antrasis na soon as issued may be resold. Eay wore formed during the gambling mouls of these good, sad 1 hope that may be carried out. His Excellency Custodia Aliguel de Borja, istuce and after a tima prisonerasid he would culty in showing you that the present dead-lock contrast is weaned for ten shares mentioned by day. I bare read the letter written by the Hou would also propose that is should be made Governor of Macro and Timer, scrived-restarday requiemore mocer, Complainant saw his opin affairs is more or less attributable to what I sumber, the man to whom he has seld it has those F. H. Whitehead which appears in this morn-lilegal for brokers to sign for the concerned.” from the latter place by the E. & A. steamer portunity in having $140 given him to change by- cannot but regard as a system of gambling which | sharen under his control, and be sedin them to Jag's paper, and I venture to my it is a very : This prasties was one greet cause of the recent | Aórlia
a friend and banded over to him the money. Tan is not justifiable on say moral ground whatever, como eub' else, and these ten-shneos are sold. If | clover letter. Mr. Whitshead asjailut gambling intiation and rablequent neilapus. Let the prin- prisoner put the money into a tin and into anther (Applause.) It is all very woll to say that those there is a little excitement in the market, to sanct be stopped and that this bill will not do felpals sign the contact ustes and they will thou The Agents (Masara. Dodwall. Carlilt & Co.) in a quality of rion. He gare the price the persons who buy foolishly, whatever their means fifty, or one buured people before settling dey.it, and hequotes from the Bombay Baistie, a vozy how with whom they how to deal. It will then inform me that the CP stemor Farthin, which tin supposed to contain the money and told him way happen to be, at look after themselves and If that could be checked it might do some good important paper, whicberye, speaking of booman no longer be possible for directors, trading os fort Vancouver on the 3rd Jane, arrived at de go home and open it the following day and he that the law should vot interfors for their But that man, hasing sold theas two thousand hot, that the revels of it has been in practically information obtained in advance, to protit by it Yokokemus on Wednesday, and mailed yesterday would find a lot of money in it. "The following protection; but, gentlemen, there is such a thing shares on time, employs the other thewand is put an end to speculative dealing in Bank shares. anonymously. It will also no longer be practio Turs éhamster of the business to which Mr
for Hoang and Hongkong.
morning the molie-opened the box and as a matter known as playing with keded dice, and I son bearing the market; be all day by day a thì Now if that ou be done in Bombay, mbaro Iable for mon of straw to enter into contracts KESWICK's Share Bill is calculated to put The Russian squadron, caneisting of the The qtion for the jury was, however toolish from the fast that be has aboutant means pays him, and then be begins to bay. He has depreciate Back the 20 to 30 per cent. in anthem, or at the expense of the tosenzor broker
of commas found this tin sentained riss, nos money.sider that the man who la able to operate the market has got down to a point at which it have seen a apsoulstor standing on a foár tub ; which they can only carry out if fortune favours stop was illustrated by the evidence reatly cruiser Admiral Nakksaf Paint Anone, and the momplainant may hare besa, was trickngprasing there was a bank here, nos oue no difionley in falling in contracts, for he hour, if this Act has had that effect there, why Tours faithfully,
Digil, is expected at Singapore on the 10th giren in the case of Rusromsgr's bank-Jaly en route to Cronstadt. The Vladinor played on him and was this money taken from individual or few individuals but a great slroady has the shares in bed. It certainly is should not Mr. Kosmisk's bill modify and mo
INVESTOR. rupter, do that case is still pending it Mononach bas relieved the Nakhina as flag the jug believed the complainant's story there that person, or institution, in operating in shares ting in the busbars, but noder this Bill (Applauss)
hlus with the intention of robbing him of it. I institution, saisting for that purposs my great deal essler for him to sell without put-derate the spirit of gambling in Hongkong? Hongkong 18th June, 1591.
Mr. Whitehead, says that would be improper for us to comment on the ship of the Pacific Squadron,
would be no doubt the money was wrongfully chandily excite the market, becomes a bull as it might do presisely the same trick, and ruin Hongkong mistrnes generally obtains and conduct of the bankrupt, but speaking sim The Port Darwin paper of the 29th sit. tained from him. The prisoner was not arrest. wers, and in dad time depreciates the until he every young as in the coloy who buys for the confidence is saterely shaken. Why is that P ply of the class of business in which he was
reports the following orashings by China | 94 (till the 15th inst., when he was arrest gets into his databes the work individual who rise, in the mme way ai ba, did' the day before. What le the reason of it? It has been |ă rast "banyan” or Sge-tren uns beec' dir- Ab Tow, a Chlusss tributor at Pins Creek, ad eanther charge, and while under arrest was canzol resist the temptation, of specalating. It is not bearing the shares, it is the balling partly owing to failures connected with other covered on the finy Lood Howe Island, 300 miten sogaged we may be allowed to remark that cleaned up 28 tone of stano et Jenson's battery identified by the complalaset.
say that indivklual, that fastitution, is playing, operation that does the micchist, and the man parts of the world, but I think it has been from Post Macquarie in Australia, though the if to put a stop to it would; as the Hon. T. this week for a yield of 250 cm of gold. Hop The defense was that it was a case of mistaken from the wealth it posseses and the strength it who does that on give the numbers of his shares inly owing to the fact that the whole fora of this island spook is mornalliad to that of
·Porberer, with loaded diss
We have bad It is the renation, afterwards that does the mis-sampaily, let us be just, the whole com New Zealand. The banyan tres in, however, H. WHITEHEAD tears in his letter publishading, another Chisious, obtained 48 from 32 identity.
ons.
The Police svidence went to show that the brought inte operation in Hongkong within the chief. New Lask you to disapprove this Bill, not munty, har box Anning the last three years very romarinkle, for it over between six and prisoner was identided by the complainant while last few woske a Gambling Ordinance, and we because you disapprove of the idea: The idea greatly beat on gasing money which they even sores, sud is thus infezios only to the Society, supposed to be extinct, have been a fathers in the usual manner.
Fleren members of the actorio Tony Beng in soil aloas, tot picked from a number of expect our police what they had a man with is good. It would be a good thing it this gam. has never sarard. It is not merely the clerks grestest of those in India, though some of the rostod red-handed, so to speak, in their lodgi
a bank and his money tabled to seize Him Hing could be put a stop to. But will the Bill with $100 modth who have been doing it latter are encouraged by cellloin mexas in the The jury returnd a verdict of not guilty and and his memey and usk of with him aati have that effect? The last speaker used almost they are not so much to blame for it it is the development of the serial dextending rupta which or Rochor Road, Slugapore. The trial is ex-faddadabra they considered the means of lisati it. But how about the operator in shares the sapfo words I was going to are when he re- men with $1,000 a month. May I vouture po eventually becomeaufiliay trunks. Indeed, tha
to create considerable lateret g the ostion employed in this name as eminently un- Uhines community, will be the fra under atafattar
who ine none when he sells them and nerex farre to this geant operator or company; but a gentlemen, that I know a little sont dilebrated babyan Betwear Poonmind Kaltors even goes so far as to table his money at all ?. X' with this Bill in fores the company or porator tale Eusmees. I was ongigid in the share. it the only one which Mr. Hensley Ends to bi tâm Chiume Berryl Busistim Ordinandu The poselane adjourned till Monday nextą say all thai la suntrary to sommerstel morality, conlä oli ežursă just the inmis šad girs the bedloam, and to all the builderson in walsh Zhara finger täni vhe teze cu faded. Howe kalandı
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Talophone No. 12
The Daily Press.
HoveKONG, JUNE 19TH, 1891.
in yesterday's issue, doaden the markot. all we can say is that the more the market in dandoned the better. If the stock, market can only be kept alive by the buying and sell ing of non-existent shares the lastitution must be prenotated en unmitigated evil. It
t
H.11.8. Caroline to leave. Singapore for
+
ABBAULT ABU ROUENNY. Lui Long you charged with assaulting a mac armed Ho Chile Man on the 13th May and rob bing him of 3124.
Frisnace pleaded not guilty.
...
in
The CHAIRMA◄ Said E there were any dupli- cate members of firms praat he would point out that they au ad only hire pas vote for the Bre and could not be permitted to vote individusily.
Mr. BALILIOS ssconded Mr. Sharp's amend,
mont.
CORRESPONDENCE.
antarsed by our Corrastronota.