RANDOM REFLECTIONS,

The Raon an over and stious views of Life have become general.

Now is indeed the time for reflection. The ordinary individual is inclined to review his or her course of motion during the past wook and to indulge in regrets for lack of resolution at cerbin times anifor not following inclinatios at others, bat bitter thoughts afford little consolation for empty pocket.

HONGKONG JOCKEY CLUB.

ANNUAL RACE MEETENG.

DJF DATS

Saturday, February 19th "The Oßcisis of the Jockey Club are :——

Stewarde

His Ballency Bir FJ. D. Legard, KOM.G. OE., D.30 H Ecoëllenoy Vice-Admital Hon. Bir H. Lambton, KUB KC.V.0, A.D.GE His Exolenor Maj Genl R. Broadwood, C.B. Commodore 11. Lyon, H.N The Hon. Biz Pail Chatar, KCMCG The Hon. Ble Henry May. KOM.G.The Hon. Ir. W. J. Gresson a] E. B. Descon, Esq; Major WA Eaton Hodge, Zag Jum, Esq. Capt. B. W. Lyons, N. J. Stabb

HONGKONG DAILY PRESS, MONDAY, FEBRUARY 21st, 1910.

Mr Elle Kadooria's Llama Chies

Sir Henry May” Auden. 10ut Bib, 77b

My Ellis Kadoorid's Tartar Chi64) Let

Mr Dryasdunts Barry, 1066 121

My Musico's Starlight, 10at 916,

COMPANY MEETINGS.

HONGKONG AND SHANGHAI

BANKING CORPORATION.

of depremton sa regards the import trade, which shows à considerable feiling on during

the past year. This was largely due to a lack of ROBINSON PIANO

conādenos, sai a consequent disinclination on

I wondered, as I looked at the Jockey Club excleare at the Happy Valley, strewn with dismod pari-mutnol or sweepstake tickets, what a piilosopher of the type of Carlyle would have sald had he been present. He would probably har found some equivalent for his original bewards in charge of the Scale, J. Gedge, the straight just behind the loader, J. Cor Edwards, A. B. House, J. Johnstone, A. over the country. The valus of experts, how.

remark that the population of Great Brita conniste of thirty eight millions-mostly fools

Of course, a philosopher like that is a very superior sort of person. He is gay ill to leen wi” and that being so he left pretty much to himself. I don't mean to suggest that the "Intellectuals" are no a rule objectionable people, but I must confou to a liking for the man who come up smiling after disappoint zmente, and who, while enjoying to the fall all the plasures which come to him, can sum up the philosophy of life in the remark, One new knows,"

I was instructive to note the demeanour of those who patronised the pari-mutus

There was expectancy and hope sson 022 KON faces, which gave way to a strained expression s the race was in progres, culminating in i short of joy or a less vehement expression of disappointment sccording to the order in which the ponies reached the winning post. Then www no dificulty in distinguishing between win Hon and losers, and it was a woo-begone orovi which left for home on the last day.

..

The first mos on Wednesday morning provided a surprise when Resolution secured in zanszpected wis, Nobody had backed him, which is exceptional, as people usually attend the Race Course full of resolution.

If the good Christian who want a parcel of trasts all the way from Melbourne to an erring brother in Hongkong know how extensively

he would no desht be delighted. But if he was also told where and by what means the message were brought so prominently before the lowl public, bis delight would probably diminish. It

|

|

Esq. H. P. White, Esq. ptaland MENG

Esq., and Capt. F. W. Lyons, Handicappera. Major W. A Eaton and J. A.

Jupp, Esq.

Jedge, The Hon, Sir Paul Chater, Et., C.M.G. Assistasi Judge.—Major W. "A. Eston,

Starter The Hon. Sir Hoary May, K.C.M.G, Second Starter -M., W. Blade, Zay. Time Kapar.-3. §. Forrent, Esq. Hon. Trasuror.-J. 7. Cor-Edwards, Esq. - Clerk of the Course I. F. Hough, Eag

The Off Day on Saturday afternoon provided very fine afternoon's sport and proved a fitting conclusion to a: maqui passensful meeting. - The card included six race, and though there was a little doby, the events were carried through satisfasorily. There being fewar" certainties" than at the race meeting proper, the programme was invested with eren a greater interest, and the performances of the ponies were closely watched throughout the afternoon. It would not be correct to my that there were any surprises, but the larger dividends paid by the Pari-munel showed that the favourites were not always coming home as expected. Mentre Johostane and Burkill did not ride, but Mr. Vida had several mounts, and Captain Taylor was again soon spirting alts. The rewalia are detailed:

THE HAY AND COEN STAKES-Value $200, For il Subscription griffins that have run at this noting and rot won a rino, Weight: for inobes por scale. To be ridden by Joskere who have not had more than two winning mounts in Hongkong, Shanghai or Tientsin. Uppland runners allowei Sib Entrance $5 to go to Second pony, Half

a milo

those ploces of paper had been, orenlated her, Mr Billard's Snooker, 11st 11b (Mr Master)

Capt. Taylor's Tomalawk, 11st

(Capt

Heathorte) Mr Dasa's Greyback, 10st 10lb, 5lb

allowance (Mr Klimanek) 3 Mr Q. T.'s Insuar, 1st 11b, 5lb allowance

(Mr. Kremer) 0

5th allowance (Owner) 0 Mr Medico's Christmas Daisy, 10t 121b, 51b

Pasalowance (Col. Bayard): 0

(Mr Blair) 0 Mr F. B. Marshall's Cabbage Tren, lost 121 Mr Ottery's Butcher, ICst 7th, 5th allowance

(Mr Hickmanın) 0. Mr Ottery's Tremes, 10st 12 b.. (Mix Brics) Mr Seth's Lightfoot, Ost 151b, 5lb

Kat) allowanon (Owner) 0 Mr El Kadoorie's Roumanian Chief, 11st

1tb (Hr Boarlett) 0 Me Gilpin's Deceiver 10st 101b, 6lb allowance

(Mr William) O

wu on the Race Course that the glad tidings | Mr G. 9. Henrique's Valentine, 10st 101b, were spread, and many of thom who received the little folded slips of paper were toll that they contained "tips" The leat word wai sufficient to stir a receiver's curiosity, but az inspection showed that the tips were not of the nature for which he searched. Consequen ly he passed them on to friends, and took tickets in the pari-matael or the cash sweep in the kope of receiving tidings of more worldly Joy One man was heard to say that such things were good enough for the eaten in his blindness," but were not suitable tickets to ciraniate among genilemen gamblers on the Happy Valley

Business cars have not been too pronoung this week. Eren the time ball at Kowloon lad the holiday spirit and struck work.

The new licensing authority is to have in first meeting to day. Ita proceedings should le followed with some interest, especially in view of the licensing experiments which have under consideration recently.

The men who represented Hongkong at the Manila Carnival have returned, and some teresting reminiscences are being retailed, One is too good to be left to a Limited circle. It relates to a popular yang offloor who st the last moment took the place of a chaplain who was going across to play cricket. It had been arranged that the parson should be lodged at the residence of s ohurch dignitary in Manib, and, as it was found at the last moment that he could not get away, there was no time to inform the churchman in Manila of the When our officer arrived in the change. Philippines capital he was escorted to the lease of the dean and walomed by his wife. To her it was explained that he was not a alergy, man, but he was unshored into the presence of the dean before the latter was acquainted with the fact that his guest was layman. After a few words of welcome the dean said: “By the bre, I would like you to like the sermon on dah Wednesday. Somewhat taken aback, and tot being quite sure whether ho was not being treated to a little Amorior humont, the visitor gave a non-committal "Ahem." Thinking the Tisitor needed a little more persuasion tha dergyman renewed the request, saying he as sure his flock would appreciate the change in the pulpit. "Well, I don't mind having a lot to st it," replied the young effcer, beginning t appreciate the humour of the dean. But the unconventional nature of the reply started eron an American clergyman, and matters rere at this interesting stage when tho doan's wife entered the room and arplained, much te she salief of the visitor.

The pric

spit on a Glasgow tramost is quoted at two shillings and sixpence. This reminds me that the notes on the Honging care that gonflernen will not spit: others must that the anti-spitting campaign is proving not has been withdrawn Duss that a

suocosafal ?

A medical journal The Hospital now dedzes that a long course of water drinking produces -hysteria and want of control, In view of the number of Hongkongites who as the result of liquor duties have decided to go on the “iter Pit makes me feel apprehensive re- Torgon, garding their future should they continus in

The ADC must look to its laurels. The Portuguese juveniles, the have been gring performances of La Mascotte at the Club Lusitano, have earned golden opinions, asd on Thursday art were honoured by the pronce of His Excellency the Governor, His Excellency the Cloners, Vico-Admiral Baron Kaminara and the elite of the Coluy, who were angryably surprised and highy pleased with the performance.

FODERICK RANDOM.

The ordinary hall-yearly general meeting of the park of Japanese banks to finance antar- sharebolders in the Hongkong sad Shanghai prises ac freely an formerly, but this restriction Banking Corperation was held at the City Hall of credit has led the desirable effect of bringing at now on Saturday, The Hon. Mr. Wabout a much healthier condition of auction. Gremen prouided, and there were also present: Crops generally have best excellent, the rice Jallowance (M: Williams).

Moser, E. Tenkins (Deputy Chairman), and row sill igures will both show a record, but Liam's Chief assumed the lead, followed by G. Shewan, G. Balloch, J. W. Bandow, E. S. unfortunately they have not met very good mar- Astral, Healer bringing up the rear Pat Barrett, C. E. Lenmann, C. S. Gabbay, Buts. Rice, I understand owing to low prices, and the order was Llama Chief Shellim, F. Lieb, H. A. Siebs (direct), J. E. has been stored by the farmors, and raw silk has Starlight and Astral, and attenpassing is. Balta (General Manager), Hou, M. E. A also boun hardlopped by reduced prices in football stand the lader ran away from the Hewett and Mower, J. W. C. Bonnar, Europe, sud a poor demand in Americs; conse- fald, but at the heline Gider took mater W. 11 Wickham, F. Maitland, H. L. Donnys, quantly the circulation of money resulting from seriously and closed upon Llama Chief, entering Row, 1. Medhurst, N. J. Siabb, abundant harvete has not yet been generally fel

ever, will show a considerable increase over the Previous year, and, as money is very easy in the country, it seems only fair to assume that con- ditions are och nu to seat teada, and encour- age, business, as soon as there is a retorn of confidence and a legitimate domand springs up for goods to replenish stocks, which at present are said to be depleted far below the average of recent years. Coming neurer home, there seems no doubt that Hongkong, and the Southern Ports in China, are at last ropovering from the long period of degression, which dates back from 1905; one of the most promising signs, so the an Hongkong is concerned, being a gradual improvement in the eagairy for property, which would hardly take place unless it was generally felt that we were entering upon a period of greater prosperity Chinese mer- chants have done better than for some years past, and business generally is showing signs of greater activity, more especially in imports. The average price of Bar Bilver for the year, is, I believe, the lowest yet recorded, but notwith

Chief could not hold the pace and was beaton by Findlay Smith, W. Dunbar, W. I. Parooll, half a length. Time-2 min. 40 100

De Cash Sweep.

JM E. Machado, J. Barton, 19. Michael, Pari Mutuel Winner: 89.70 Toket No. 113 $1,392.35 A. H. Ough, Lo Chinng Shin, Ho Fook, Wong

Let 5,30

226397,80 Laung Him, Lan Pim Chiu and Chan Tong. pad 2nd 8,00

*221 $198.90

The CHIEF MAYAGER rood the notice con- 3rd | 7.90.

2 THE ALSO RAN "STARES-Valus 3200 Forening the meetings tapety dla

subscdption grifigs of this sesson that have run at this meeting and not been plocos. Weight for inchessa per scale. Jookeys who have not had more than two winning mounta| in Hongkong, Shanghai and Tientsin allowed 5 lb. Jockeys who have never had winning mount in Hongkong or Chains allowed 716. Off-day winners barred Entranos 85 to go to scound pony. One Mile, Me Johnstono's Younger Brother, 1lat th (Mr Laurance)

2

3

Ú

0

Mr Ottery's Trewint, 11st Llb (Mr Crighton) **)(Mr Hickmann) Mr Dani's Sonny Jim, 16st Bib, 7b allowance Mr Ella Kadoorio's Bulgarian Chief; 11st p2ib ovar (Mr Moller) Major Eaton's Pitmales, 10st 615, 71b..

allowance, 11b ever (Col Bayard) Mr Manhalla Walent Tree, 10st 12áb

Mg (Mr Vida) Capt. Taylor's Goshawk, 10st 516, 716

Allowance (Owner) Mr Magpie's Job Trotter, 10st 5lb, 71b:** allowance (Mr Kremer) Mr Lavork's Spirit Level, lost 111b, 71b

allowance (Mr Kliimanek) 0 Genaral Broadwood's Borena, 101, 71b

+358⠀

O

O

and high priona in of the princip articles of export Louler I may mention

wheat last so8301, and the crop, which i

record in

CO. LTD.

SPECIALISTS IN

HIGH CLASS

PIANOS

BY THE

LEADING MAKERS.

JUST UNPACKED ::

BRINSMEAD

WERNER

RACHALS

KRAUSS.

INSPECTION INVITED.

presented.

The CHAIRMAN, having read the report al ready pablished, said: Gentlemen,At our last meeting I remarked that the case prevailing in the various monoy marketa made it difficult for as to And full and profitable employment for our funds, and as simlar conditions have existed more or less during the part six months, it is with be little antisfaction that your directors ses able to lay before you the report which I are just road. In addition to the usual dividend of £2 per share, we are again able to recommend a banu of 5/- per share besides sdding $250,000 to our Silver Rasare Fund, which, with the $750,000 apportioned to that Fand last Juno, makes an increnss of 810 Ison for the year 1909- This losvas a balmse of 62,028,987,94 to be

131 ourried forward, being slightly in excess of the amount brought in from the previons half-year.

exceeds the record of all previous years but I hope this distribution of profits will moot withstanding this the ductastions have been confined one, the material condition of the people your approval. It in very generally admitted within marrow limits, compared with what we has improved, Chinese credit in Europe that the past year you not particularly farone- have been nomistomed to son in recint years) was never higher. The wealth of the able to banking business, especially for a Bank the highest price baing 24-7/6d; and the lowest country is, in foot, increasing before our eyes. allowance (Capt Heathcote) O like ours. In times of restricted trade, and 23rd, while for a considerable period the metal To take ons instance alone, the recent pheno- A very good start saw Tomger Brother curtailment of credit, our deposita increase, and remained practically stationary in the neigh menal growth of the Manchurian bean trade on the rails and Boross cutside, Spirit yet we must keep our fonds in liquid form, ready bourhood of the year's average of 234d, per furnishes a striking illustration of the develop Level rushed ahead and led Younger to meet any revival in exports and imports, the os. As a consequence, rates of exchange, both ment of a hitherto unrealised resource, and the Brother and Job Trotter part the stand apanes of which costibule the most important here and in Shanghai, ruled fairly steady, at a analogy may confidently be extended to indua- At the Bowrington Gate the bader was two part of our business. Your Directors have level which has proved beneficial to the develop. tries in other parts of the Empire, as the proces lengths in front of Boreas, with Goshawk much plasare in acknowledging that the ment of the orport trade. This is partiontarly of development continue. It sooms hardly to be third sed Younger Brother fourth. Passing the excellent results attained are due to our capable noticeable in the exporte from the Yangtare, contested that the capitalists who are likely to rock Trop displaced Younger Brother, but the staffs, whose work shows that they have the which are greatly increasing not only in share most largely in the fruits of this develop- latter responded to the challenge, and the two ran Bank's interest at heart, and I am sure you will quantity but also in variety, and in the direct mont are those who, free from suspicion of neck and neck into the straight, Spirit Level Bow approve of our having voted them a bonus of shipments of beans from Manchuria to Europe, political motives, are prepared to meet the needs fall behind and a flae race home ended in favoar 10 per bent on their salarie (Applause) a new and important feature in the foreign of China in the simplest, fairest and most pro of Younger Brother by half neck from Trewint. Tarning now to the future, I am glad to say trade of China, Steaks of pince goods in tical way. I do not think I need detain you Time—2 min 1,10-1/5 sec.

there sppens to be better grounds than over Shanghat arenas uning more normal proportions, longer by making a detailed comparison of the Pari Mutual

Cash Sweep for beleving that a general improvement in and although prices is still out of touch with figures in the balance sheet: with our big busi Winner: 8.10 Ticket No. 127 $1,401.75 trade prospects has sot in. India shows 5 home markets they are gradually improving, ness, its wide ramifications, and different our

1st

$8.90

400.50 marked recovery; although the total volume of and indications point to a revival in this renoles, we must expect considerable fluctuation Zud

6,90

337

200.50 trade in that country during the past your is important branch of trade. As you will in the totals under the various headings. Speak 3rd 23.70

not greatly in excess of 1908, it bas witnessed a sea from the Report, a sub-agency to Shanging generally, the figures show snmprovement THE LUCKY Brakka-Value $200 For all

China ponies that have rua at this meeting return to more normal conditions as regards the hat branch has been opened at Hongkew. I over those of last June, though not quite up and act won a moe, Weight for inches as balance of export over imperts, the surplus am sure it will prove a great convenience to our to those of a year ago, which were the per malo, Grifins allowed 6 lb. Subscrip- Zox 1909 being roms £35 millions, against numerous consiituents in that district, and at highest on

on record. Looking back over tion grimins allowed 7 lt. Joskoys who have £11,600,000 the previous your, not far short of will also relive the pressure in same depart paried of some year, you will find not lsd more than two winning mounts in

ments in the main branch office, It may that our business has hoon stondily growing, Hongkong, Shanghai or Tloutain Allowed 5 1507, when exports exceeded imports by a little Ib. Jockeys, who have never had a winning over £43 millions. The increased export likewise he

takon

evidence that your and, with the encouraging trade prospects to A dosen ponien faced the starter in the fitst

mount in Hongkong, or Chus allowed 7 Agus are due to the happy combination Directors appreciate the importance of extend. which I have alluded, I think you may conta race and some diffenity was experienced in

Off by winners barred. Entrance Bo to go to of good – crop

ently look forward to a a continence of ita getting them away. There were at least six scound pony, Seven Furlongs d

ing banking facilition, an growth of big

growth. (Applause,) Before moving the adeston centres whers wò are established may call for. false starts before the bell reng, and then Mr. Johnstone's Salvator, 10mt Sb (Mr Vidal 1

News from North China it to distinctly of the report and acounts I shall be pleased to

bany question you may wish to sak. Snooker, who had been evincing a determination Mr Ell's Kadooria's Rubber Chist, 10st 10,

ginge There is said to be a wonderful not to be left at the post, led from Greylmok, Sib allowance (Mr Crighton)

There being to questions, the GĦATEMAN change in the condition of the people in many with Tomahawk third and Lightfoot fourth. Mr Dryadust's Coroomb, 10st 121

(Mr. Laurance)

soms likely to and receptive and The koder improved his position and at the Mr Elle Kadoorie's Belgian Chief, 11st 9iba

Previncas, signs of growing prosperity are wall marad the sdoption of the report and accounts. Me Mollar) 0 remunerative market. The clest of sin evidence, and cultivator are gradually village was still ahead. Lightfoot, coming ML. R. Lasson's Seafoam, 10st 131b, 116 callast harvests must mean prosperity to

Mr. DENNYR-Gentlemen.We all know the extending their spheres, encouraged by the up, took second place into the home

ovat (Owner) 0 people, and can hardly fail to bring abont a

cheery optimism of after-dinuar speakers when. straight, bat Brooker On the rails

ays opening up new districta sud provid- the blood has been induced to circulate a little Cozomb sasumed the lead from the two raviral in tradə, and a retur of conilience,

better and quicker means of transport than quicker than usual, owing, perhaps, partly, to was zieden easily Greyback came up atzong on the enter course, but Tomahawks put on the Chiefs, and no change in the order took place which will gradually provide employment for the

adrendy realise, the tremendong provided, but the very long and carefully con- speed and just finished half's length behind the til Salvator drew level with the leader at the recent simest anparalleled scuolation of toebtainable. It looks so if this people the rapid circulatios of the sxcellent wise

Bowrington Gate. The quarteits formed part capital in the chist monetary centres of Indik.

be gained from an extended sidored statement that has just been made by winner Time-1 mln. 01.1/5 200s.

nerships, with Belgian Chief In the rear. From the Straits Settlements and Federated

ystem, and, if this is so, it means the our Chairman onnot be classed with the choiry The same order was proaszved notil past the Malay States reports are very misfactory. The

of an impofra to a more forward speechen delivered on convivial occasions” It is village bend, where Belgian Chief came into the high price of rabber has given a great impetne

this dire It required Eva sober statement of facts showing, not 89.55 outer purse and ran in grand style, but could to the development of land for its cultivation.

nation to see

only that there is ground for hope of not flokk, Salvater after racing nook and nok The sport of this product, although will aro

to be derived from the carrying an improvement in the future, but that with Lubber Chief, being first to reach the considered in its infancy, already figures pro-

The object of post. Time-1 min. 54 soca.”

minently in the trade returns, and it is con-

general improvement in practically all Peri Mutuel

Quik Streep,

engroming topio to all teacher of trade from India to Manchuria Winner: 826.20 Ticket Nr. 351375 Adently anticipatel that, in the coures of time, rai

with affairs in China, sat has led to has undoubtedly get in within the last 1814.10

39947250 the export of rubber from that

"of late, that twelve months. The political horizon is, I 2nd $15.00

502 206.25 become no insignificant factor in the world's much publicity THE "FINALE” STAKES.--Valza $200. For amply, Tin dro has benefitted from an

doubtless some reference to the question will be regret to my, at present by no means clear, and

doubtless this secounts a good deal for all Subscription griffins that have run at this

During the past year this slowness of the recovery bat those to whom, mesting and not won a race Weight for advance in price, and a fer which spausd axpected inches as per scale. To be ridden by Jockeys under somewhat gloomy conditions for the Bank has taken Landing part in protracted Kka myself, the Far East has been the Near who have not had more than two winning Straits Settlemente ha prered to be one negotiations with the Imperial Chinese Gor. East, for very many years, cannot fall to belive in the faturo prosperity of an institution which roounts in Hongkong, Shanghai or Tiostsin of considerable prosperity, with oven better rnment, for the financing and construction of has done so well in the past and which is in Unplaced ranners at the meeting allowed 61b.

of the an important railway system in the upper basin such able hands. Our Chineas fellow citizens In prospects ahead. The importan Off-lay, winners barro Bintance $5 to 80

of this Yangtese. An arrangement satisfactory Hongkong have, I am told by them, had a very to second pony. Thres quarters of is mile, Capta, Dwyer & Beasley's Kerry, 11st 11b alloranos (Capt Heathcote) 1

(Mr Master) Mr. Ellis Kadoorie's Rubber Chief, 11st llb... Mr Johnstone's Hartwood, 11s. 415

... (Mr Moller) (2m

Hoy (Mr Bearlett) Captai Taylor's Tomahawk lt lb Mr Dryasdast's Trisd, 11st 11b

(Mr Lanranco) 3

(Capt. Heathcote Mr W. G. Pirie Hickshaw Han, Tist Llb Mr F. B. Marshall's Olive Tree, 10st 121b

(Mr Vida) 0

(Mr Blair) 19 Mr Medico's Christmas Daisy, 1st 1215 (Owner) «O

(Col, Bayard). very exciting race and surprising finish. Mr Borneo's Bintang Finder, 10st 101 S

allowance (Mr Klimanek): 0 Tree led at the art from Rufus and Chief. Triad bringing up the rear. This order was Mr Q T.'s Insuar, 10st 101b, Elb allowance maintained past the football stand, and going Mr Ellis Kadoorie's Roumanian Chief, 11st -___ 11b (Mr Beth) uphill Triad drew into third place. Chief now made a beld bil for the honours, and going Mr Marshall's Cabbage Tree, 1st 121

(Me Williams).

in Chins upon which many marvellous position as the leading European whores now in the van, Tree having dropped strong on the ontale course challenged Rufus, Mr Ottery's Tralado, 1st 181, 5lb

hopes were at one time based seem as ation of Chiny, and we shall then reap the

financial institution dealing with the vast popu allowance (Mr Hickmann 0

hey have been stienseded by aspirations for bonet of the 45 year of good solid work that into fourth place. Rufus won by halt « lngth Me Ottery's Tremeor, 10st 12lb (Mr Brice)

As regards the Philippines. I am pleased equal opportunities to be enjoyed by all in the h from Rubber Chif, Triad, with a straggle Means Newall and Hott's Balgonie 10st keeping third position.

Bintang Pindar was the first to show from to my that our advice point to brighter development of her vast resources, aspirations

for these Islands. which, it is to be hop Tine-2 min 19 2/5 secs.

behind the trees. He led from Tremer, Kerry prospects

will in time be realised, Pari Mutuel

and Chief, and down the inaline Tomahawk pathe rica

vas disappointing, The vitality of the Chinese people, their grow Winner $103.400 Ticket No 21 81.373,40 on tas pace and raced hook and nook with

but port of hensp as the highest ng spirit of patriotism and their many solid 392.40 Christmas Daisy in the fourth position. At the

nd the Payne anff Bill has proved charactometes, are at onces, fagmand against $131 196.20 village bend Kerry had rushed into the vah and on THE ALL OUT BLAKOS-Valus $200. For was two lengthenhead of Christmas Daley, but Semplicial to augs and out

the resulppiayn of the polic All China ponies that have run at this meeting in the straight Tersingk on the outer coures to give a stimdes to the altivation of these faunce, and a guarantee futura progress CS, Gubbay to the Board

The introduction of more capital along national lines. That progress may not and not won a race. Weight for inches as disputed with the leader and a fine race home

Mr, JOHNSTON sconded, and the motion per scale. Unplaced ponies and bond fide

seems to be the thief thing required to bring koop pece with Western impatience; or be was agreed to. BAADIDEE

Metr W. Hutten Potta, and J. W. C grons on date of entry allowed 5 lb sabaw Kerry win by neck frem Hartwood, who com

greater prosperity, and in the United erected in strict accordance with Wastern idons, pased Tomshark by a longth Time -1 min. seription grifin of this season allowed 10 Thad made a spirited desk at the distance, and

Bonner were re-appointed auditors, on the motion Yaskere who have not had more than two 35 1/5 seas

Stuba of Americs they have immense risomens | but we mut kava Chion to work out her own of Mr. ForDLAY SMITH, scconded by Kr. waning mounts in Hongkong, Shanghai or Pari Mutuel

Cash Sweep. Ticket No. 93 $1,994,503 to draw upon, u soon as capitalists realize that way, feeling sure that their solution will be WICKHAM allowed 5 lb. allowances not a tire, Of-day winners barred. En

215 567.00 there is safe and profitable employm 482 233.00 money in the Philippines. Ja countries, has also been passing"

Pari Mutuel. Winner: $18 1st 88 201

10.30 19.50

Cash Sweep Ticket No. 146 8626.85 *** 107 179.10

128

THE LOTEREX:" ETAXES. -Talus $200

• For all grifins that have run at this meeting and rot won a rock Weight for inches as per sale. Subscription Griffins that have run at this meeting and keen placed 200ond allow- ed.3.15, those that have been placed third allowed 5 lb. Uppinced Subscription grins Allorod 0 lb. Jockeys who live not had more than two winning mounts in Hongkong- Shanghai or Tiantain allowed 51. Jockeys. who have never had a wimming mount in Hengkong or Clius allowed 7 lb. Off-day winner barred: Entrance 85 to go to second Pony From the Fwo Mile Post Onca Round General Broadwoods Rufas, 10st Bib, 716,..

Mr Slater's Rajput 10st 51b, 7b allowance

lat 17.50

- 2nd --

Cash Sweep

91

:30

2

3

" (Mr Kromer)

0

0

1316, 516 allowan (ME Blater

to trance 85 go to second pony. One Mile ami a quartar.

Winner: $10.

6.30 2nd

Frd

the

gion will

railway

polisy

bone

Un industry, combined with the vast possibilities of rubber, appeared to call for increased beaking to the Imperial Chinese Government, and fel. knoderaful year, and the fact that there is a distinct Improvement in the property market accommodation in the Malay Feniusala, and in Eng all necessary conditions of coourity, and locally makes me confident that when the mil- deference to the repeated wishes of one friends equal distribution of material benifita among way to Canton is opened and the new and constituents, as well as to fortify our the international groups interested, was arrived University tablished, the Colony will cos last June. But, at this juncture, the revival more forge ahead, and Hongkong companies, position in the Straits Settlements, it was

about which, I regret to say, there has been a decided to open sub-agencies et Mainses and of slairas Inauother quirter necessitated are good deal of pessimism lately, will again pay Kuala Lumpur, as mentioned in the report

ernest terms, and a political obaracter dividends suffolent to attract local investors

eapon imparted to the

riinately retar

We hear from Balgon and laughok that rice was in Cochin Chins and Siam promises to be fall which average crops, and as the welfare of the popula taan in those contries is largely dependent on the rice harvest, I hope that the present favourable outlock will be realized, so that we thoma may reasonably anticipate olive trada important abipplag ports, in whose prosperit shipping interests in this part of this world aro no intimately conser

thereby

(Applanse,) I am sore, gentlemen, that you wil gree with us that the bonus to the staff is thoroughly well deserved, and I trust that when we meet again six months hence the sortance, political lover, which at present appears to be retarding the full resorery to health of business throughout the world, will have completely abated, and that the Bank will spheres be able to take full advantage of Its

thely: accelerated by vexatious or hostils like other In the meantime, the Imperal Maritimes Cas irough a state toms collection for the last twelve months

been devoted to it. With those very faw remarks I beg to send the ping of the report and accounts. (Applause)

The motion, on being put to the mooting, was carried inanimously, Ca

Mr. Boung proposed the conil mation of the appointment of Messrs. G. Ballosh and F. Lisb to the Board of Diretors, and the

The (ILTREAM-That is all the budnost. gentlemen thank you for your attendanc Dividend warrants will be ready on Monday

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