INTIMATION
EQUITABLE LIFE ASSURANCE SOCIETY
OF THE
UNITED STATES.
LETTER TO POLICYHOLDERS FROM THE PRESIDENT.
NEW YORK, December 14th, 1995.. TO THE POLICYHOLDERS.
I had hoped to make some statement to you before this, but I have believed it was best to wait until I could give you a final conchesion in regard to the financial condition of the Society based on full investigation. This or laine the delay in ecmmunicating with you.
On June 31 last, under the condition that should have full power as to me and methods, and with no pledges of any kind to any ons, I was elected by the Directors of the Society as CHAIRMAN of the BOARD, and at one assumed the active management of tue Society's Afiime.
1
Soon after I was elue of PRESIDENT of the SOCIETY and the Offies of Chairman was abolished.
One of the first acts of my administration was the employment of Messrs. Pries, Water Louse & Commny, chartere ecountants of Grout Britain mori, New York, and Moses
of
the
Haskins & Sells, certified pablic accous of Now York, to juy stigate the airs Society, under directions té reuler complete and orhuustivo reports on the following sub. jects:
INTIMATIONS
ANNUAL AUDIT,
THE HONGKONG DAILY PRESS, FRIDAY, FEBRUARY 16ги, 1906,
It will be the policy of the new administration of the Sueloty to lasist ou au independent au lit of its acomiats as to its fiscal ontulition, once each year, the result of which will be published.
NOMINATION OF DIRECTORS,
Under the change in ownership of a majority of the stock, the shares were at once pus in trust and Directors are now nominated by the tristons
-Hon. Grover Clovalaud, Justicò Morgan J♬| O'Brien, and Mr. George Westinghouse, Thir toon Directors are chosen auuually, and the Trasters will each year offer an opportunity to the policyholders to express their preferences in respect of the choice of Directors.
POLITICAL CONTRIBUTIONS.
It will be the policy of the Society hereafter not to make contributions to political campaigns. It is my opinion that we have no right to use the funds of the Society for any such purpose.
IDA), ESTATE MORTGAGES,
In the last t r this Pacioty has loaned orer G. $120,103,6ki on vol estate mortgages, Only in six of mostly in large cities. these cases has it bad to take property unter forec omre and in the six instances the pro- perty was sold so as to not a profit. It will con. fine to be the policy of the Socisty to maku investments of this description.
COST OF 19HURANCE.
The very essenes of life insurance is safety and this can be secured only by reasonable premiums,
A great many Equitab’o policyholders aré doubtless asking themselves the question policies. To such I wish to say most emphati whether it will pay them to continue their cally that my investigation of the affairs of the Society has convinced me that there is no cheaper way for the policyholders of the 1. The Society's annual expenses, including Equitable to have sound life insurance than by retaining their policies. As I have pointed out, legal expenses. Advertising post, agency
the surplus of over G. £67,000,000, uro safely expenses, and cost of securing busines
The zeal estate investments of the Core-invested upon a basis which retir exec pany, including in the case of eneh parcel the tent rate of interest upon the revised valuations, value at which it is carrid upon the hooks of and I expect in due time to accutaplish such the Socisty: the income which it yields; un securing new business will be restuced to the the fair valuation of the property, whathe lowest possible basis ecarsistent with safety and above or below the value at which it is curris efficient. I, accordingly, believe that by con- upon the book of the Socisty. (I necessary, real esta's experts any he employed in a tinuing your policies in the Equitably you will certaining the value and income of the desire life insurance at the lowest cost con estate, subject, of cours, to my approval na to sistent with safety. men and teras),
1. The other investments of the Society; their character: and the circumstances under which they have been made.
4. The Society's surplus and the manner in which it is carried spou the books of the
Society.
3. The methods of keeping the. Society's accounts, and thus respects in which its cecomit- ing may be improved.
The relations between the Society and the trust companies, banks, safe deposit compsaies, and other institutions with which the Society is afflisted by ownership of considerable amount of stock or otherwise (In the case of overy corporation in which the Society has a dominant or important interest, or with which the Scriety has special relations, the owner- ship of stock other than that owned by the Society should be uncertained so far as pract
cable.)
reonomies that the set of adaugistration and
I therefore adriws you to mtian pay your prominus; to allow gras policies to lapse will be doing yours:ives injustien, Your con- tracts with this Society are as safe and soul as anything earthly can be. Where lapses have already occurred the agents of the Society will cheerfully assist in restoring policies
EXTRAORDINARY EXPENSES IN 1905.
amply
I congratulate you and all policyholders in solvent concerns on the reformatory results to the agitation of the past year. Tais Society los has undergone for separate investigations The extraordinary legal singe January 1st. and other express cutailed therely compensate for by the unforces restitutions und checked waste herein ahova veterred to and the final assurance you now have of the wealth and solvency of your Society. I am conviured that this and other investigations and the resulting stimulation of discussion have attracted public attention to the impregnable strength of established concras like the Equit skla iaura effectually than could have been done by any other means.
ans. While these invest repadations, the udility of life insurance has hop ware fully demonstrate than ever before.
7. The subjecta covered by the report of the Investigating Committee of which Mr. Fries was Chairmen should be fully investigated.
8. When the report of the New York Super-igatinus may have been destructive individua! interleut of Insurance has been made that report should be carefully studied and every matter wrist by it or by the recommnpadations i of the Commissioner should be ined.
still more elaborate plan of Subsequently M investigation was agreed upon with there accountants, and I doubt if any American in- surance company over before had such au exhaustive examination.
It has taken a large forer of men five months to ascertain the exact fiannuial status of the Society, now fully exposed by the balance sheet tronerated with the following hote and repre- Uuze mobagoI
6 and New York, Noceraber 25th, 1995, Mr. PAUL MORTON, President,
The Equitable Life Agence Society of the
7
There will be no effort by the new administra Ixion to have the biggest company in the world the effort will be to make it the bed and safest. Conservative lives will be followed. It will be the policy not to solicit or secure new business at the expense of the present policyholders, and in determined that business in any section caso it is of the world is naprofitable, that field will be abandoned.
-Ovim 9 per cent. of our death claims are suttled within 24 hours after proof of dosth is receivad, uzdice Jazuary 1st, 190, through all of the agitation concerning it insurance, this Society atong has paid ont in death claims and benefits of other kinds over 0.8116,799 every working day.
Assuring yon that it will be my pastaut gudoaraur to eanduel the affairs of this Society in a manner that will merit your hearty apprs.
United States, 120. Broadway, New York. DEAR SIR: The exhaustive examination which we have made of the affairs of the Equit able Life Assurance Society of the Unitedbation, I am States is so far completed, that we are now able to furnish you with a Balance Sheet showing the true Financial Position of the Society, mu Septoniber 30th, 1905.
The Assets of the Society as claimed worn alt Fount to be on hand, and ninonoted in vales to 4-846,100,509 Hi-os-show-by-the Balance She-t:
The Surplus over and abuse all liabilities amonated to G 867,142,865.42.
A consortative revaluation of the Assets. including a re-appraisal of all the real estate owned by the Society or covered by mortgages held by the Society, has resulted in a reduction in certain of the values adopted in the Society's last Animal Rupert, principally in Rosl Ertate and in Stacks of certain faucial institutions,
Yours very truly, (Sigal) PRICE, WATERHOUSE & Co.,
Chartered Accountants. by A. Lowes Diertson, F.C.A, CPA, (Signed) HASKINS & Setts.
Cortified Public Accountants.
by FLIJAH W. SELJA, C.P.A.
"You will be gratified to learn ; (1) That all the assets claimed by the Society are on bend, are of a high grade, and are cu servatively worth G 5416,166 500 10,
(2) That, over and abere alt litlirier, the Burpluk is G $67,142,867,42, about seven- eightha of which is a fund for division among existing deferred dividend policies at the ead of their accumulation periods,
་
(3) That the rechetto in the book value of our assets and surplus is caused by a revaluation on a conservative basis, and in no way redacus the income of the Society.
The decrease in the value of assets is cately in real estate which was carried at prices too high, and in shares of cortuin financial inglitu- tions which were carried at uiar prices based on trausations which were deemed by the c- countants to be excussive
11
year
RETRENCHMENT.
Economics amounting to G $600,000.00
been have already
introduced, which if capitalized va four per cent. basis. would be equivalent to an additional investment of over G 215,000,000. This more than covers the marking down of asse I expect to Justituta still farther economies of a'radical character.
RESTITUTION
Under the past manage ens transactions involving the ox suditure of large sums of money have been tried through frequent y without any proper authority of the Boei of Directors and with very meagre bookkeeping records, so that it has boon difficult in may instances to scours explanation of certain tran sactions which
baro taken place during the last ten years, some of which involve a financial loss to the Society.
The liabilitiez disavowed by the Society, and the amounts restored to the Society approximate 681,000,000, and legal proceedings have been instituted for the recovery of considerable
additional sum.
Very truly yours.
PAUL MORTON, President
BALANCE SHEET.
September 30th, 1907,
·ASSETÁ
G.S Real Estate
29,550,270.00 Secured Loans.........
1,776,006.84 Honds.Stocksaulother Securities 235,538,962 06 Cush in Banks and Trast Com pues deposited with Foreign Governments and in transit... 20,727,386.01 Prominus in coures of Collection 3,895,112.14 7,661,800.78 Agents balanc
1014062.85 Interest and rentals ne
*The Sar or SanSTM
Abbey's Effer Salt
vescent
Have'nt you found out about Abbey's Salt yet?
You know for a fact that there is nothing so bad for your health as a disordered stomach or a sluggish Liver.
It is also a fact that there is nothing so good for a dis- ordered Stomach or a sluggish Liver as Abbey's Salt.
Now you know-don't forget to use it.
Sold in two sizes by all Chemists and Stores, and by Watkins, Ltd., and A. S. Watson, Ltd, Hong Kong,
The Abbey Fruit Saline Co., Ltd., 144 Queen Victoria Street, London, E.C.
7-7
-DUPES ENLIGHTENED.
The publication referred to low, Leares of Heading, has been circulating in the Far East. A Now York telegram states that the Prophet Dowie, hubav massfully posed non tens of thonsands of simpla-minded persons in America Zion City, Chicago, is bankrupt. for the past fifteen years, is found out at last,
The coud Elijah has ablicated, and is about to sail for the Balumns. On his retorn from Mexico a month ago ho made an oracular declaration that the Almighty had raculously eured him of paralysis, hat the only paralysis that affected him was the paralysis of the iu dustries of Zion City, the wholesale destruction of this Dowinites, and his inability to make any more dupes or cajole any moro dollars out of them. In Dovie's publication, tha. rares of Healing, ho bids good-bye to Zion City. "Since sleep has been denit me." he announces. "I must go apart and rest awhile." He relinquishes his prophetic mantle to Over- ser Speicher, and insists that the property of the Zionis smounts to three millions sterling, The remnant of the followers are anxious and excited. Thomas Wood, a prominent dowrter. My family sud I wore welcome from Australia as servants of God and members of the Restoration.
buys
Dowin took charge of on money in exchange for coupons which are not
Sulmost worthless.”
fiable anywhere but in Zien City, rád now
MONEY IN JAPAN,
Since the conclusion of peace the money mrket in Japan has been very easy, and ratoa lars shown a continual downward "tendency, The dillness of the market is ascribe to five
CU KAS
·(1) Comsution of the issue of war bonds, which absorbed a great sount of money; (2) continuation of large disarmaments frun the war fund: (9) abandonment of a war indemnity discouraging trade; (4) large purchases of domestic hoods by foreigners; and (5) tha smccessful privato vegotiatious for forsigu lours. During the war, money was drawn in large amounts from the market by the isene of war bonds, but this money retarded rapidly to the market in the shape of payment for war materials, and the commercial confres, such us Osaka, benefith 1 greatly During April and Bay last year, when the stringency was felt all over the empire, subscribers to the fourth and Ifth Issues of war bonds in Osaka wore in ad rance. Tho amoinnt of the war fund spent by the Government' in and near Osaka since the begiming of the war in the purchase of wat matorial is coloplated as follows :--
Osaka. ...Y34,953,6
1904 1905
Adjoining towns.
65,013,40
¥1,9 2,000 2031,00
i
$16.00
rate of interest on advances. In the second half of the year the issue of bonds stopped, but the tremendous expenditure of the Government siit conthuned. Domestic bonds were being pur- chased in large quantities by foreigners, causing ru influx of foreign money and a glut in the market. The appeas. Its be a revival of WILL BUY A CASE OF business on the horizon, when the pros air. supposed to be humiliating to Japan, and it cer tainly had its effect upon privats enterprise, for all domnad for menov d out. It is now believe 1 the present stats of the market will continue.
4
THE ANGLO-GERMAN BREWERY COMPANY, LIMITED.
RETURT OF THE DIRECTORS, For prosentation to the shareholders at the second anaus general meeting, to be held at the ofour of the agents, Messrs. Slevogt & Co. on Wednesday, February, 29th 19, at 4.30 p.3,
The directors beg to submit to the shara. holders the audited statement of accoputs for the year onding December 31st, 1905,
Pest and Loss Account. The balance to credit of prof and loss acconat amoun's to $19,913,32 which the directora propose to appropriate as follows:→ Baluuce of predidinary expenses
$ 8,976.37
account to be writton off Amount to be written off on
machinery and casks account.,,12,600,00 Dividend of 7 par cent, to share.
holders Balance to be carried forward to 1900
account
28,000 00
1,066,9%
849.9-43.32
The directors trust that the above result may be considered satisfactory, taking into account that the year ander review is the Hrat of the Company's working and that a great many dif ficultion, known to similar undertakings at heme, had to be overcome. The sales of the Company are, moreover, increasing steadily. showing that the Com any, in placing upon the market a light id wholesome beer, is supply- tug a long-falt want. Daring the latter part of the your the demand has often eroved the supply, and in order to provide for the increased consumption the directors propose to extend the present buildings by adding an extra cellar
by slightly enlarging the brewing plant. Auditor-The accounts have been audited by Mr. Goo. P. Wingrove, who retires, but offers Limself for re-elestion
Directors.--During the year Mr. C. W. Wrightson and Mr. J. J. Block resigned, owing to their departure for home, and Mr. J. Johnston and Mr. 11. Augustesen were olected Direlors instead. In accordance with tho articles of association, Mr. A. MeLnod rotifas from the board, Int, being eligible, offers him.... self for re-election.
PROFIT AND LO38 ACCOUNT
For the year ending December 31st, 1905. Dr. To bilance
***
Cr.
GREGOR & CO.'S
IMPERIAL HIGHLAND
WHISKY
(RED TRIANGLE)..
GREGOR & CO.,
19, QUEEN'S ROAD CENTRAL, 197 FLOOR.
138-1
Waltham WATCHES
MITSU BISHI DOCKYARD
AND ENGINE WORKS, NAGASAKI.
CODE WORD: "DO^K," A.1, A.B.C. and Enginewing Code Used
NEW DOCK NOW OPEN.
DOCK No. 3, Extreme Length... Longth on Blooke
722 feat
714
961
88
Width of Entrance on Top Width of Entrance on Bottom... Water on Blocks at Spring Tide 34
DOCK No. 1.
Extreme Longth...
****
The best watches that can be con- structed.
All guaranteed. For sale all over the world.
AMERICAN WALTHAM WATCH COMPANY Waltham, Mass., U. S. A
62-2
KRAMORR, Norwegian str., 1,496, Olaf Schara
wig, 5th Fah- - Maji 30th Jan. Coal and Generul.-Chinese.
DR. H. J. KIAKE, Norw. str., 191, H. E. Lacson,
19th Dea,lalo 14th Dec, Sugar- Aagaard, Thoresen & Co.
Fausase, British str., 1,300, Wheeler, Joth February-Scurobaya Hist Jan., Sugar — Jardine, Matheson & Co.
523. feet.
$19.963,32
Length on Blocks
513
Width of Entranos on Top
88
$19,949.50 |
Width of Entrance on Bottom... Water on Blocks at Spring Tide
77
961
$2,085.38
DOCK No. 2.
Extreme Length...
H
**
871 feet.
Length on Blocks
Sú
Width of Entrance on Top
66
Width of Entrance on Beftam. Water on Blocks at Spring Tide
53
22
HERE,
By Imance of working aget.
1904 Jess written off on prelimi
Dhay expenses account.. 2085.39
.......
By balance of working account, 1905,849,943.32
$19,9432 BALANCE SHEET For the year ending December 31st, 1905.
Assote Cr.
To
properly account... o machinery, including eletrie
installation...
To
is account To stock of materiele To singk of beer... To snudey debtors
To Deutsch-Asiatische Bank, Teing-
130
To are innane, account... To preliminary or ponaos) ...
Liabilities. Cr.
y share capita". By Death-Asiatische Bank, Shang,
By accep' mees By sundry creditors
PATENT SLIP.
Suitable for vessels up to 1,000 tons gross,
THE WORKS are well equipped with 8238.995.82 TLATEST PLANTS and APPLI BUILDING or
and
ANCES to undertake 191,337.13 REPAIRING SHIPS, ENGINES, and 63.859.79 BOILERS:
BO ELECTRICAT, 128,567.72 WORK. .45330469 |
A LARGE STOCK of MATERIAT is 229,574.18
always kept on hand.
The COMPANY has the powerful steamer 2,803/3 "OURA-MARU" (712 tons, 700 LHP 1,190 66 spesially built for SALVAGE PURPOSES squipped with ascessary gear, always ready Short Notice.
1953
8,870.37
$704,569.30
...3400,000.00
120,422,38 31,770,33 102,438,27
siy belance of profit and loss per samt 1994332
S. E. & O. Shanghai, Joaunry 22ad, 19-6.
A. MOTO.
$701,569.30
J. JOHNSTON, Direct Jr. SLRKOUT & Co, Agoats.
Y104,906,000 Y3,93400) This gives a total of novly 100 milions, During the second half of last your the Government was still spending money for war purposes. the amount spant in Osaka ,and · Beighbourhood baing over Y30,000,000 as against 136,000,000 during the preex: 1- ing helt The amount of the war fand spent in Japan up to December lust was between soven and eight hundred million During the first half of 195 a Total assets... G,$495,106,506,10 | great amount of money was withdrawn from
the tarkot by the issue of bonds and the money have compared the payments in the cash spent by the Government therefore balanced book with the vouchers and the bank pF 19 matters. Japan's success at the front prasaged book for the year ending December 31st, 1905, peace, and business prospects became bright, and have found all in order. There were oven praicky conditions, which
GEO R. WINOKOVE, wore checked by the Bank of Japan raising the
Auditor.
LIABILITI General Insurance Reserve: nel
present value of all outstanding Polices compu'ed with 4.85 and 3 per contintorest. Current Liabilities: Death claims. cudowmente, annuities and dividends due and nupuid Commissions and Current Ex-
Premious, interest, ac, recived
in advanc Capity Stock
Totud Rabilities.. Surplus
„34280ZURI O
2,550,70 181
2,195414,19
1,389 36468 100,000,064
319,023,634,6S +77) 42.865,42
£36, 166,500,10
We hereby certify that in our opinion the above balanc's sheet "is correct and is properly drawn up so as to show the true fixacial posi tion of the Society at September 30th, 1905.
(Signed) PRICE, WATERHOCse & Co. (Signed) HASKINS and SELLS,
EOTHEN MARK LODGE. No. 264.
A REGULAR MEETING of h A. EOTHEN MARK LODGE will be held at the FREEMASONS HALL on MONDAY, the 19th instant, at 830 For 9 17,53. procisały. Visiting Beeth are cordially invited to attend.
*413 Hongkong, 14th February. 1946.
NOTICE.
O. FENWICK & CO., LD, Eugineers
&c., are open to receive OFFERS FOR THE PURCHASE OF THEIR WANCHAI
PROPERTY, comprising portions of Marina Lots Nos. 31 and 36; approximate area 13,000 square feet.
For further particulars apply to the Company, Hongkong, 12th July, 1905.
[136 i
yon.
1 horoby castify that I have compered the foregoing accents with the general ledger and have found thom conformity therewith.
INDIGESTION
GIVES HISE. TO
LIVER AND KIDNEY DISORDERS, WEARY, WEAK FEELINGS, HEADACHE, BACKACHE,
SLEEPLESSNESS.
MOTHER SEIGEL'S
SYRUP
IS THE BES
KNOWN REMEDY FOR ALL
STOMACH TROUBLES.
THOUSANDS AND THOUSANDS OF PEOPLE
GIVE TESTIMONY OF
QUICK AND LASTING CURES,
www p
TAKE IT DAILY AFTER, MEALS.
AVID CORSAR & SON'S
D'MERCHANT NAVY
2351
NAVY BOILED
LONG FLAX
RELIANCE GROWN TARPAULING
CANVAS
ARNHOLD, KARBERG & CO.
Sholo Agamin,
COLD STORAGE.
THE HONGKONG ICE COMPANY, LE, The 20 40,000 Cuble
hold
Storage available at EAST POINT. Stores will be Open at 10 a., and 4 P.M. daily, Sunday
WM. PARLANE, Manger. excapted to roooive and deliver perishable goods.
Hourlong, 18th November, 1901.
DR. M. H. CHAUN.
THEYSTEM OF DENTISTRY.
147
THE Istest Method of the AMERICAN
87, Des Veux ROAD CENTRAL. From the University of Pennsylvania, U.S.A.
Hongkong, 4th September, 1905.
SHIPPING IN PORT.
STEAMERS.
[2056
ANPING YARU, Japanese str., 1,669, H, Koba- yashi. 13th Feb-Shanglai and Bwatow 12th Feb,, General-Osaka Shrssu Kaishn, APENRADE, German str.. Bil, A. Uklerup, 14th Feb. -Iloilo 8th February, Sugar.- Jebsen & Co.
BANGA, British st., 6.00). J. B. Fergusson,
14th Feb. Singapere Sth Feb., General. P. & O. S. N. Jo.
BINH THUAN, Fran steamer, 2,00, Ribant, 13th February-Wakamatsu 7th February, General Bradley & Co.
BRAND, Norwegian str., 1,520, Evensen, 13th Feb. --- Chiukiang Sth February, General -- Chinese CATE, Norwegian str. 1,381, J. Larson, 13th
Fib.Moji 7th February, Coal-Order. CHILI, British str., 1,142, locker, 29th Jau-Nagasaki 18th Ja. and Kobe 17th, Coal-Butterfiold & Swire. CHOYBANG, British str., 1,424, T. W. Selby, 13th Feb. --Shanghai in February, Gaueral.— Jardine, Matheson & Co.
CITY OF BIRMINGHAM, British str., 147, Wat
Nou, Pulo Canton via Touron 10th January. J. W. Jamieson.
Corrie, British str., 2,741, Wm. Finch, 12th Feb., San Francisco 10th Jan., Honolulu 17th, Yokohama 31st, Kobe 2nd Fab., Naga- saki 4th, and Manila 10th, Mails and Gen- eral. O, & Q. S. N. Co.
CROWN OF CASTILE, British str., 2,823, M. B. Smith, 6th Feb.-Newcastle (N.S.W.) 15th Jan., Coal.-Gilman & Co.
HANA WAGNER, German str., 967, Hagomanu, 3rd Feb-Swatow Zud Feb. Balfax4.---
Lauts, Wagener & Co.
Hanyana, British str., 1,200), MeTutash, 12th Feb. Chinking 8th February, Goueral. — Butterfold & Swire,
Norwegian
gian str., 1,13, S. Pada son, Bth Finkiang 7th February, Cenéral. – Saudar, Wider & Co.
HEIMDAL, Norwegian str., 762, T. A. Johnson
7th Feb-
Watu and Chiakiang 2nd Feb,
Rice and Groundunta-OrDr.
HOPE, British str., 1,999, A. Mathias, 126
Fab.Wuhu and Chinking 8th February, General--Butterfield & Swira.
- Hyades, British str., 2,932. Alwen. 14th Feb, Seattle 1st Jan, and Shanghai 10th Feb, General Dodwell & Co. HYDEA, British Rr., 26, J. B. Kent, Hot
Jan-Moji 10th January, Coul.-Bendley & Cin.
KOWLOON, German str., 1,326, Stehr,
th Feb-Chinkiang Gh Feb., General. — Siomassen & Co.
KWANGTAH, Chinese atr., 1,543, Wm. II. Loent, 14th February--Shanghai 11th February, General.Chinese.
BAERTECH, British str., 1341, Jas. B. Jackson,
11th Feb.-Saigon 7th February, Rins Chinese.
LENNOX, British str., 2361, M÷Nair, 14th Feb. ----Calcutta 24th January, Coals.-Dodwell
& Co.
LOYAL German str., 1,296, L, Lorenzen. Hiti Feb. Bangkak 3rd Feb., Rics. Sunder, Wieler & Co.
LYEEMOON, German str., 1,298, T. Lelimavu, 11th Fob Yangtze Portk. 7th February General-Sigmussen & Co.
,,
Megron, Chineısı str., 1,339, A. Crawford, 12th February-Shangani 9th Feb., Goneral.—
Chinese.
MERAPY, Dutch str., 1.567, B. M. Uldal. 14th Feb-Singapore 3rd Feb., Sagre.--Ordor. MERCEDES, British str., 4.00), J. S. MacGregor,
8th Feb.-Pula Coudore Island1 3rd Feb. NANSHAN, British str., 1,299, Allen Jonos, 27th
Jan., Saigon 22nd January, Goneral — Bradley & Co. QUINTA, German str., 978, J. Frahm, 25th Jan.-Chinking 20th Jan, Rise and Groundnuts.-Siemazen & Co.
RAJAHURI
German str. 1,189, 0. Koch, 19th ---Swatow 9th February, Rico. --- Butterfeld & Swire.
February
Run. British gle, 1019, R. W. Álomé, 12thr
Fah-Mauila 9th Fabra.ry, Genital.........
Tones & Co. Sagwa, Tomes
SANSEY, German str. 998, F Rehwaldt, 14th Feb-Bangkok 6th February, Genéral.— Butterfeld & Swire,
SHANTING, British str., 1.407, Robinson, 9th Fab-Pobalingo 29th January, Sagar.- Butterfield & Swire.
SUNGHIANG, British str., 057, Pennefather, 10th Feb. --- Čeba and Iloilo 8th February, Sugar and Heap,--Batteriell & Swire. STEENY, Geriau str., 1315, Deganer. 24h
Tau. Nagrasaki 15th Jan.-Job & Co. TAIWAN MARU, Japanisse gir. 2.489, K. 199,
1th Feb-Moji 30th Junary, Coul— Japanese
TARTAR, British str., 2,768, W. Davison, J.N.R., fith Peh-Vancouver 8th Jan, General→ C. P. P. Co.
TELEMACHUS. British ste. 1,310, J. Williamson.. gth Teb-Saigon 3:1 February. Rice and General-Chinese.
TYR, Norwegian str. 1,248, Neile, 10th Feb. -Kuckinotau 4th February, Coal-Mitsui Busson Kaisha.
WAKAMATSU Muv, Jap. str., 2,777, Y. Od«, 13th Foh. Moji 7th Fab., Coal-Mitsu, Bussan Kuisha
YIKNANG. British str., 1,296. W. D. Wefs, 13th Feb. Waba and Chinking 8th Feb, Ricardine, Matheson & Co.
Yocaow, British astr., 1,306, J. H. Brown, 19th
Feb-Shangha 7th February, General -- Butterfeld & Swire.
YUENSANG, British str., 1,128, P. H. Rolfe, 19th Feb.--Manila 9th Feb., General-- Jardine, Matheson & Co.