Page
SHIPPING NOTES.
The British stommer Cardiganshire (2,689 tonn), now lying at Yokohama, has been sold to a Japanese firm in Koby.
company has now decided to inaugurate an
COMPANY REPORT.
THE HONGKONG DAILY PRESS, THURSDAY, AUGUST SRD, 1911.
INDO-CHINA STEAM NAVIGATION
CO.
AUDITORS' REPORT:
We report to the shareholders that we have obtained all the information and explanations we have required. We have examined and compared the forgoing balungo sheet and profit and loss soceant with the books and vouchers kept by the Company in London, and with the statements received from the General Managers is properly drawn up so as to exbibit a true and correct view of the state of the Company's affairs socording to the best of our information and the explanations given to us, and as shown by the books of the Company.
Oriental sorvico after construoting two atentauri Atales:- The Unal result of the year's working in Chins, and in our opinion the balance shoot of its instruction along various lines. The most 1,000 matriculated stasients, most of whom had which will mostly engage in the transportation of barge. The Swedish Government is said to have decided to grant a subsidy of £50,000 for
The report of the Indo-China Steam Navige it is reported that a Swedish stenabiption Company. Limited, for the year 1910, which was presented to the meeting on 13th alt, does not reach the level which was at one time anticipated, although distinct progress towards more profitable state of affairs can be recorded, and ut for a severe financial crisis in Shang bai laat summer, it is safe to assume that the your'e business would have who wa
a much beiter result,
the next five years.
The Oaks Shosun Kaisha. (Méronutile Steamship Co) are reported to bava purchased from the Toyo Kisen Kaisha the America Maru
The improvement which has taken place (11,000 tons), hitherto used on its Hongkong-in roights in all directions has gradually San Francisco line, si the price of 620,000 yen. extended to China, and absorbed much of The steaner will be put on this Formosan lins the irreuntar tonnage which has for so fbetween Yokohama and Takso), to replace the long rendered freights. unprofitable in the Far
Ecat.
Cau Maru,
Yokobama was visited by n typhoon on the night of July 25th, and from the Japan Gazelle's
The credit side of the revouur account
Y-
TURQUAND, YOUNOs & Co..
Anditor. London, 5th July, 1911.
KAN YU.WEI AND LIEUNG.
KWEI-CHU. ·.
B
tive towns.
pupils,
report w loarn that the P. & (). stout Fear with an addition of a transfer of £90,000 † pardon alleged to horo been granted to them, with a mass of technical information connected of Garmany and enter into activa co-operation
Palermo, which was lying at No. 2 baby dragged her anchor and ran sground at a point of Kanagawa. The British simmer Peleus
(including £7,537 brought forward from last from underwriting account) smounts to 2116,407. out of which £7,438 was paid in November last redastion of the proference dividend in arrears, and it is now proposed to farther reduce
the British Isles ahead emulate the example Is it not imperative that the business men of
with these Universities that prepare students for operation must to a closer one than that which and give a d gree in commerce? This co-
exist between Advisory Boards and the Univer
| FACULTIES OF COMMERCE IN touch with commercial practice and business Į
life. It has not been the intention to abandon BRITISH UNIVERSITIES.
or replace commercial apprenticeship: in foot, the Univeralty is particularly maent for com- NEED FOR PRACTICAL TRAINING. merial students who have gone through a regu-
lar commercial
y," and have spprenticeshly tained a very high level of intellectual culture. (BY PROFESSOR SHIDDY IN "THS TIMES.")
These two
two Universities hare so far, met with
decade, in the British Isles extended the scope their rolla during the last Winter Someatar over Uniremity education has, within the last conspinous success-with which the British Faculties compare unfavourabiy- and had on
recent and, perhaps, the most characteristal served their commercial apprenticeship and dition to fis functions has been the establish- modern Universiting—eg,
the Universities of paring a full two years' coume of instruction ment of Faculties of Commerce in the more worn between the ages of 23 und 24. They were Birmingham, Manchester, Liverpool, the Na to these over 2,000 sindents were taking partint with a view to acquiring a diplomas. In addition tions! University of Ireland, 4o.
Although the oldar Universities-Oxford courses. Those Universities have been promuted and Cambridge-have not, at least nominally, by the Chambers of Comperes in their respec- followed their example, yet they bare not over- locked
the bearing
and
Berlin Commercial University was founded importance of Univer-
1904-5,
and organized by the Berlin Merchants sity education on commerce and industry. As Professor Marshall says in the "New Cambridge Corporation at an expense of £175,000, and is Curriculum in Economios," "it abject is to maintained solely at their expense.
They have also founded and provided for a bagat for those who are looking forward to a
Food in el-namber of continuation and basinoes career or to a public life
evening schools A correspondent of the Asahi Shimbun has lostaal training and opportunities for disti etion and training claseos for commercial students
of either visited Kan Yu-wei and Lisnog Kwei-chu at in subjects that will bear on their thoughts and
employee of their place of retirement in Suwa, in order to astione in after life." He rays elɛowhere, attended by over 6.000 801, which ar at present learn their sentiments with regard to the attempt is made to fill the mind of the student He found the two exiles situng in contem with a particular branch of business in which
moon whose radianes he is to be engaged. plation of the Dew they said invoked memories of their native
•
Students who have pursued the prescribed laud. They professed to have had no courses of a
f study and passed the required exami- offload intimation whatever of the alleged nations receive an Arts or a Scionen degree. pardon, bat that of course may be taken with duo Erideally this education is designed primarily of the pardon, bis return to China would depend positions of importance or to where exceptional largely on the position given to him by the opportunities will be offered of filling at an Peking Govern ent. He added, laughing, that early age ports of control in the higher branches if he were granted a post unporior to that of business or public life. It will not be of by the late L Hung-ching, he would much advantage, from a monetary polat of China, and devote his glow, for those who, courting this education gladly return to attention to educational matters. Speaking for her dover." have not similar opportunities, seriously, however, be declared that his political The average business man doubts the suitability is were more conservative than litoral. Ho for commercial life of the lad who has only had no desire to see Chinese manners and customs received a University education. abandoned wholesale 10 mak- room for foreign
As, however, these courses lay no pretensions innovations. Every astion must preserve its own to, and the degrees do not imply, profession 1 to technical aracteristics, and any people who entirely re-training for business viz., jected their own systems for the sake of foreign and experiential knowledge-the assantial might be said to have entered the downward path. okims of this education can, perhaps, be justi There was nothing which he felt more in Bed; but claim business knowledge is implied elined to donounce than the giddy dostrinn of in the time and degrees conferred by the the unthinking student who sought to raise Faculties of Commerce in the more recently himself into eminence on the ruins of his established Universities. "They aim at pro. sountry's ethics.
viding a course of training suitable for men who look forward to a business career." They ares apposed to prepare a lad for business in the
To apare this result, this auoral Repre same maior as the Medical Faculties preparesentative Commercial Connailmat be backed t a lad for medicine. And to justify the elsims by the cordial co-pation and active support up of commercial education of University standard
of the individual members of the varions Cham- the objections that have been raised against it
bers of Commerce thronghout the British Isles. are also said to be applicable to medical educa
They
should give not merely these * no- tional" but "real assent to the efficiency and importance of the training they are helping to Promote
dragged her unphor and collided with the the arrears by the payment of £22,315, which reserve. Mr. Kan said that, assuming the truth for those who are likely to inherit commercint responsibly for the results attained. :
Japanese steamer Miyoshino-mars. Another will only leave outstanding the contingent collision occurred between two stramers, of liability attaching to the year 1910.
After making provision for this payment, the Indra Lizo. The Indraramba, which. was lying near the Indraden, dragged her|ollecting £55.379 to depreciation and „auchor, and her low struck the side of the other | £3,000 to reduction of exposus of deboaturo vessel. The German ganboat. Each lying less and meeting all other outgoings, outside the breakwater, dragged her moorings, there remains a balance of £5,683, which und finally collided with the Japanese steamer it in proposed to carry forward, Keukon-mara, which left Yokohama pestorasy, but had put back for shelter.
An article by a
No additions have beon, made to the company's
prices.
29, Cornhill, Tondon.
Secretary. 5th July 1911. Balance last at 31st December, 1910. Liabilities. To Share Capital- Authorised £1,200,000 divided inte 120 000 6 per coat. Cumulative Preferred Ordinary Shore, and
thet during 1910, and ne building contracts have shipmaster on the Chinsen ntered into. Two of the company's older Const, contributed to the latest Leading Light, emera, the Amara and in Sung, baro bren disposed of during the year at satisfactory pleads for some more efficient fog-signal for a vessel at anober than the present one of ringing The retiring Directors are Mr. H. Bazley and the bell. It is pointed out that in a harbour the Dir E. Bennohara, M.P., who, being eligible,
offer (hommelsen for re-also in present regulation no doubt sufficos. but when a
Messrs. Tarquend, Youngs & Co., the Aud vessel is anchored in open water, as no frequ-at-itox, retire and will be proposed for ro-election. ly occurs OF the China Coast, there is By order of the Board,
A. G. WELLS, little opportunity of the bell being heard in suffolent time to avert collision. "A few years ago," remarks the writer, "I happened to ba at anchor in a fog about seven miles 8. E. of Bonham Pass; a steamer's whistle was heurd bearing down towards as from the direction of the park wad our bell was rattled for all it was worth, but it was only when the approaching Fessel saw us that she put her bola over and clared us by a few fect; as the wind was blow ing from N. about foren 3 at this time, I do not believe our bell was heard at all, and had there been a collision I should probably have been accused of not keeping it going." "The writer advocates & system of signals on the steam whistle to replace the present inadequate hell signals for ressels lying at anchor in open water.
+
Particulars are given in a Blzas Book issnod from the offices of the Board of Trade us to the seamen employed on British merchant vessels who lost their lives during 1909-10. Altogether the deaths from accidental or other injuries numbered 219 Lasers and 218 foreign scamon Disenen carried off 872 msn-452 Britone, 300
:sscars, and 130 foreigners. The rates of mortality were ---
British...
Lascars
Foreigners..
Injury. Dikens(".
1 in 206 1 in 358
1 in 197 1 in 144
1 in 38 1 in 251
Drink is stated as the direct cause of the deaths of 15 samen, of whom 13 were British and 2 wore foreigners. In addition, it is prib
able that this was a ocníributory cause of the With regard to death of 106 persons in all.
the nationality of the 106 person whose deaths were attributed directly or indirectly to drink, of the British seamen employed 1 in 2,073 lost his life from this cause, of foreigners in 1,208 and Lascars only 1 in 14,361.
The famens Upper Yangise stermer Shufung (Captain Plant) met with an accident recently and will probably need to be docked against
120,000 Deferred Ordinary
|
hold
Mr. Lieung Kirei chu was interriowed with great brority. He seems to have confined himself chiefly to noting how painful it hd bean to live in exile for slaven years, and how rejoiced he and his fellow refuges would be if their time had really come to appea: ence more upon the political stage of their active country.
Count Okuma, who is invariably interviewed in connczion with every serious question of Chinese polities, observes, with regard to the alleged pardon of the two politicians, that there could be no graster mistake than to call the * Redical". They are cerentially supporters of limited monarchical form of government. When they enlisted the sympathies of the late Emperor and induced him to embark upon the stream of reform, their only mistake was that they placed 247,945 0 0
themselves too far in advance of the time. But £495,890 00 the reforms they advocated have ceased to be
Shares of £5 each Subscribed and paid up-
-49.589 Cumulative Proferred Orinary £247,945 0 0 49,589 Deferred.
Ordinary
Te First Mortgage Debratures:—
First issue of
£345,000 Subscribed and-issmed Also £22,000 issued and lodged with Bankers as security for
Tegu Lesus as may be
To Balance of Underwriting
Account
To Sundry Creditors in London
and China To Loans
Te Deposits To Balance from Re
venue Account
To Less Interim Divi. dend declared 29th November, 1910...
NOTE-
£35,436 15 8
7,438 70
Contingent liability for Cum- ulative Preferred Dividend for 1908, 1969 and 1910 amounts to £37,191 15 0
By
Assets,
£864,001 13 3
Steamships. Hulks, Forry 'Boath &t.
Lena Depreciation
written off for this year.
By Coals and Pre- visions on board Ships and in Godowns
By Office Furniture
296,175
academical questions and have entered the do. main of practical politics, so that if they return 0ced to Peking now they would find themselves the right men in the right placa-Japan Mail.
114,200 04
21.743 18 3 1300910 13,955 15 9
55,364 19 2
£808,636 14 1
By Sandry Debtors in Loudon and China. Agents' Balances, Shanghai. The Shutung navigales the gorges Freights, &c. abova Iehang. Mr. von Straneh, Acting Com-By Cash in London and Lina raissioner of Castoms of Chungking, says in his By Deposit at short
3,700 0 0
truda report for the year 1910 :—
** The successful running of the xs, Shutung in undoubtedly the most important item to baracord-
rd water this heading. This boas mule 14 trips:
noties...
By Deposit in nadies. of the Trustees for Dabentura Hot- #18...
70 4 4
116,650 18.8
18,048 11
ENGLAND'S DANGER
THE POSITION OF THE MERCHANT NAVY.
A most serious state of things in regard to the position of the British Mercantile Marine revealed, says the Globe, by Mr. Geofrey
wages.
is
tion.
MEDICAL TRAINING EFFECTIVE.
Medical training is condnoted in a very differ rent manner from the commercial training that exists in British Universition. The former com bines the theoretical, technical, and practical aspects of knowledge: a combination which is the most thorough and ideal form of technical education--it is a synthesis of the knowledge acquired in the leotare hall, the dissecting room, pathological and clinical laboratories, and
Ermearios.
It is precisely because University training in most of the Faculties of Commerce hacks the technical and practical or experiential aspects of knowledge that they have not met with the saccess they had
The vast majoriteipated.
of employers are not "detecting in the finished University product an item of value for business purposes." It has recently been stated by one intimately con- noted with the establishment and working of the Faculties of Commerce in England that it in dificult to bring many people to avail themselves
Would it not be feasible to form a Commercial
chosen from the various Chambers of Commerce
sitios, one prompted and sustained by mutual
Representative Council, its members bang thoughout the United Kingdou This Concil should represent the Baks, Railways, Shipping Companies, Manufacturers
nrance Companies, Stock Exchange, &c., and should
with the Faculties of Com- co-operato mereo, somewhat after the lines in which the General Medical Councils co-operate with the Medical Faculties of the Universities.
If this General Representativo Commercial Council would draer up in conjunction with the
Merchants.
Ia.
Facul ios of Commerce and adopt an edwes- tional curriculum of a high type, and if the basiness community will furnish all the oppor tanities required by the students for the
cons reinstate them on their positions after the com acquisition of experiential knowledge, and plation of their studier in the University, atadants will flock it, because, it would be a
spre channel to commercial success
SEVERE STORM IN YOKOHAMA,
CONSIDERABLE DAMAGE TO
PROPERTY.
The Japan Gamite of the 26th ult. says:--- Yokohama was last evening and, early this morning the centre of one of the rarest typhoons experienced in this part of Japan for the past foneteen years. The hoisting of storm signals at the Mateorological Station, on the Bund at about ten in the morning prepared the seafaring, portion of the community for a
blow." but to the mere inndean nothing
education of University type. major part of the community retired to rest for quite so disastrous was anticipated when the
Banking and shipping people as a whole have the night—a rotirement which, in the case of a explicitly stated that Universities have not provary large number, was interrupted until about duced the type of lad they require; while it alleged they have been most willing to help.
If, on the other band, the degree of B.Com, is to be retained and it is desirable that it should-educationists and business men ahoald fuse the technical and experiential combine aspects of commersial knowlegs with the The Dean of the Faculty of Commerce,
!
three o'clock, when the wind and rain, having
теге
DA-
moved
The
INTIMATIONS
3
FACE KEPT BREAKING OUT WITH ECZEMA
For 4 Years. Mass of It All Over, Most Irritating and Itching. Could Hardly Keep Fingers Off.. Nothing Would Stop It." Cuticura Ointment Gave Instant Relief.
In 3 Weeks, Not a Spot on Face.
"For some four years, off and only may face kept breaking out with eczema. It was not iritating and itching, so I could hardly keep my fingers off. At last, for six or eight inently, my face was a mess of prealting out all over; I tried several obitments but they did no good. Nothing would stop it. I got a box of Cuticus Ointment, which gave me instant relief- from the irritation arid in the course of thøve weeks 1. kad not a spot on my face. I only bought one tin of Cuteurn Ointment but the Cutleura Soap I use rogularly. I find Outlour Boxy most excellent for show. Ing. Wire I umeri to get a nasty place on the right side of my chin, since I am using Cuticurs Soap I do not get it at All. I hope you will be able to use this letter to the advantage of other sulfesers from eczema." (Seed) Samuel Win. Kirk, Sunnylde, Twerton Hill, Bath, Som, England, Deg, 23, 1999.
MT. Kirk's letter slows the success and sconamy of the Cuticura Remedies la the treatment of torturing, diafigiring humours of the skin. Cütiora Soap and Ointment, are equally effective in preserving and beantifying the skin, only and hair, and in preventing minor uptions from becoming chronte. 4 tablet of Culleura Soap and a hox of Cullours Oltrent are often aufficient. Sold throughout me world. Drets: London, 27, Charterhouse Sq ; Park, 10, Rue de la Chaves ŠARGO; Australia, K. Towna a Co., Sydney: fudfa, - B. K. Pall, Carta So. Arion Lennon, J... Cape Town, etc: B. 8. A., Potter Drum & cryIL, Corp., Sule Pros, Boston. Send for tres 33-pazi Cuticura Book ca dill unsi araldic
Chas. J. Gaupp
& Co.
Haro Just Roceived
Selection of Goods from
Nar
MAPPIN & WEBB.
LONDON,
Comprising
SILVER CUPS,.
PRESENTATION PLATE,
TEA SERVICES.
&c.
TABLE WARE,
ke.
CUTLERY,
· FISH KNIVES and
DRESSING CASES with
SILVER FITTINGS,
FORKS.
LEATHER HAND-BAGS,
and WALLETS,
RAZORS.
LIFE OF PLAGUE, GERMS.
DE MENNY'S RODT CREMATED..
[255
The following dispatch appears in the Peking Daily News —
who ntines a note of warning which our states. men cannot afford to neglect. He shows that while the numbers of British seamen in the mercantile
navy is decreasing, the number of foreigners employed in British ships is increna- The Dublin Commission (Irish University done its worst, began to show sonis signa of PRINCES PLATE,
tho erabatament. ing,
and that now no fewer than 40,000 Act), in its report to the late King on
According to the roport received by the 27,998 8.8 foreigners are to be found there.
dence they gathered when examining into the He quotes the preamble of the Merchent working of the Faculties of Commerce in Eng Yokohama Harbour Office from Tokyo, the Bhipping Act of 1844, which states that: land, stated that the results achieved were not centre of the typhoon was located at six The prosperity, strength, and safety of the encouraging and that it was with diffidence they o'clock yesterday morning in the districts United Kingdom do largely depend on a large,were about to establish chairs of commaree in between the Inland Sea and Ka Peninsula, and was reported to be moving in a north- constant, and ready supply of seamen, and it is the National University,
a speed of about ter sasterly direction at A very probable explanation of this com- £971,963 30 therefore expedient to promote the increase of
the number of renmen and to afford them all due parative failure is the absence of technical and miles na hour, the lowest depression averag Uni- ing from 29.17 inches to 29.23 inches. encouragement and protection.
experiential knowledge. Unless the
At about four o'clock in the afternoon a Nevertheless, while British merchant tonnage varsities model their commercial training on the was trebled in the last half of the niuuieonth same lines as their medical training, many second report was received from Tokyo stating century, the number of British seamen engaged educationists are of opinion that the degrees that the atmospheris conditions in the mercantile marine dacressed 25 per cent. conferred on those who pursue their courses of changed up to 2 pm. Towards orening, and its young men and boys 85 per cent. In studies and pass the proscribed examinations however, the depression must have 1889 the estimated number had fallen to 60,709 should be purely academic enes, viz., B.A., B.Sc., somewhat rapidly. At about aight o'clock was nothing to warrant the ex- while in 1901 there were only 44,390, From and not the B.Com., which is a professious there
1%
an hour Later Blue Book it appears that the number in degree in commerce and raises for itself the pectation of a severe blow, bat 1906 was 34,052. In 1904 it was estimated that some pretensions to ultimate success as the later the wind had strengthened, and at ten 9,875 18 2 there were 40,000 foreigners in the British met tedical and other degrees, while its instenotion o'clock hearty rais commened to fail.
cantile marine earning two millions sterling in and training are not carried out in in a manner barometer showed signs of a rapid fail, and
next likely to begat equally successful mouetary 2941.0 to 29.31.6 Inches.
within the hour had dropped from By midnight the Mr. Drage points out, in a letter to The results for the commercial student. Times, that inasmuch as we own something
storm had developed into a cyclone, the houses like half the mercantile tonnage of the world,
on the Bluff being shaken as if by a continuous and as the bulk of our raw materials and two
earthquake shock. Sleep was out of the question, and in many cases residents preferred to ait up thirds of the food we eat are transported from across the spe it is a national reproach that 20
until the storm abated. Many houses were flooded, the heavy rain finding the weak ain training is the only form of technical odecation theoretical.
the buiklings, aud in many cases considerable for which no organic public system ezista. It is
Was done to the interior of
the 6,700 00 ter, in a special sense a national danger, | Birmingham University, in his instructive and damage
which by
poured the conversion of merchant ships into interesting pamphlet b "Its Purpose and houses warships on the bigh seas in time of war is not Programme, says, " And while no curriculum thus beter twelve u slocks the electrio light if through a sievo. prohibited by international agreement, and our can be derised which will enable the commercial Shortly rivals are
are certain to make use of this mods of graduata to step at once into a position of was out off, thus adding to the inconvenienca
Presumably
the leadership and authority, much can be done fo of residents, and to the element of danger by 11,980 160 wat face should occasion arido, as fer- enable the young man of business to proût by fire through the two of candle; and lamps.
Admiralty
iz timo of war
WAY
To venture out into the street while the £971,963 30 marly, armaments for merchant ships, but the his experiences more rapidly and less
storm was at its height was extremely danger. orows of British merobant ships are now often painfully than in commmenly the case."
But if a thorough theoretical and practical pas. Tiles were blown from the roots of the 'Revenue secount for Your eading 31st composed of mare anskilled inbourers withont Dr.
December, 1910,
training or disciplius end with absolutely no training has been acquired by the student before houses; trees in the neighbourhood coull bo To Genersi Charges and Tel.
knowledge of Iguanery or the arts of war.
responsible position which will procure for him the syreus and whistles from shipping in soil surrounding the coffins, 24 metres desp grams in London and China,
was still frozen, and the baccilli had not died. including Directors, Trustees"
salary beyond that given to an ordinary cerk: the harbour added to the uncanniness which and Auditors' Fees
The problem for solution then is to devise presailed for several hours. The barometor some method by which this fusion of the prae continued to full steadily, dropping from 29.028 All of these bodies were cromated and, the ashes tical with the theoretical can be effected. And to 28.74.1 between the hours of one and two, laid back again. there is no reason why the. sume kind of co-reaching the lowest point, 28.66.6 at 2.30 pm operation should not exist as that which exists By three o'clock the rain had ceased consider between the Medical and Legal Facaltios and ably, and the rise of the baromester to 28.78.8 inches gave ground for believing that the worst the medical and legal practitioners.
This happened on the 11tb iust. The doctor The problem might be solved in two ways bed bean passed, and very soon many households" (1) Students might acquire the practical ex retired once agrin, in the hope of securing rest. washed his eyes and isolated him. He is Within a very short time, howover, many now, however, well and about again, and bas perisao during their University course by spending some time daily at business during the were again astir, being aroused by the sound been greated most warmly by Dr. Wu ou his
terms, and by devoting their fall time to it of the fire-belle, The danger of fire astmont fortunate scape.
bace been in the minds of most householders, The Russian doctors have confirmed the during vacation.
Medical students spend a part of their time and when the usual clanging of the bells was statement of the Chinese doctors that the first
heard on
the Bluff there was considerable sick tarabagan discovered this year was 'n Kas- daily in the hospitals and infirmaries, solicitors'
territory accommoxisted with a corner in anxiety as to the scene of the outbreak. At the sign apprentices are a lawyer's
ger's office; some engineering students Bluff Police Station it was soon learned that combine the hard work of the workshop with the Makado Hotel was the scene of the disaster, and as will be seen from a report in another their studies the University.
st
column the building was completely gutted.
***
***
between March 24 and December 20. Only one By Expenses of Do-
accident occurred, namely, on her 13th trip, whon she ran on a rock, but was noui refloated and repaired, and resumed running none the worse for her mishap. From the end of December to the end of March the Shufung must liò up, se three rapide the Kunglingtan, Chingtan, and Singlungtan-prevent steam navigation at low water. The financial result has been splendid, and although this was partly due to exceptionally heavy shipments of silver, which are not likely 10 recur every year, the foot has been proved that steam navigation on the Upper Yangtze can be made a financial success. What enabled the Szechwan Steam Navigation Com pany to succeed whare others had failed was the fact that the company was able to secure the services of Captain S. C. Plant, a man who for 10 yours had had ond had used the opportunity to study the dangers and intricacies of the river above Ichang; in fact, it is not too much to say that the sticoess of tho Shuning
3,000 0'0
bontare EssnA - 14,930 15 0 Less Written off 3,000 00
To General Interest
To Debenture Interest... Expenses of Debenture
amoant written of
£6,249 3 11 ... 1,155 71 .14,810 4 9
3,000
Issue,
will
Tin
crevice as
Three weeks ago the Russian doctore cremated all the plague bodies which bad boon buried last winter, including those of the doctors and sanitats. From fifteen of theso they removed the heart for salture and examination purposes. including thone af Drs. Mesny, Michell, and Lebidieva (lady doctor) and students Mamiontoff and B-heff. In ten out of fifteen cases the doctors were able to obtain living cultures of
"It is the fashion in such entse," he goig, betting the degree, he can stop at once" into heard bending to the gale; while the sound of plague baccifli, including all the above
talk of national decadence, but the difficulty is not with the rising generation. Having been ator since 1895 closely associated with the man- agement of a training ship (the Exouth), from which 3,300 bays of the poorest class have pass coed into the Royal Navy and 3,200 into the mercantile marine, I un any from person To Depreciation Account
On Steamships,&c £55;361 19 2
knowledge not usly that there is no dimination On Office Furniture 15 0 0
in the energy, endurance, and love of the sea of 55.379 19 2 English boys, but also that they compare favourably with those of foreign countries with 376 50 which, as a practical administrator, I feel oblig
ed to keep in touch." 35.43658 [*
To Preminus on Redemption of
Deboutures...
To Balance transferredato Balance
Shoot
Cr.
£116,407 15 7 LATEST STEAMER. MOVEMENTS,
£7,557 8 2
was a personal triumph of his skilt and By Balance brought forward from,
1909 His accomplishment marks, of perseverance.
the year, including adjustment of commission and charges mado by the General Managers...................... By Amount transferred from
Underwriting Account By Transfer Fee ...
course, a great step forward in the development By Net earnings of steamings for
of steain traffic to Chungking, but its dangers and difficulties must not be under-estimated; these and the lack of espisins who bare the re quisite knowledge of the river will stand in the way of a rapid development. But development will come, and the benefit which will socruo fear the linking up of this hitherto secluded province with the outer world cannot be over- estimated."
140
The H.-A. Eine str. Aleria laft Singapore on the 31st alt. p.m., and may be expected kore on or about the 6th instant am.
a
THE EXTENT OF THE DAMAGE.
Tue
The pipette coutsining Dr. Michall's blood, which has infected the tarabagan with the bacili spurted into Dr. Zabolotog's eye. fortunately with no harmful results.
Professor Metchoekoff, Assistant Professor of the Paris Institute of Pastoar, is now in Astrskan collecting information, on the tuber- tu.18.
Tast Monday a big dinner was given to DF
Or they might require the practical know The str. Glenturret left Singapore on the 1st lega before beginning their studies at the Uni 88,852 35 iust, and is due here on or about be 7th inst.
se the method adopted by the rersity. This
To estimate the full extent of the damago at Zabolotny. The hosts were the Chinese autho The CPR Co.'s str. Empress of Jupon left two largest and most prominent of the Germma the time of writing is impossible, but furities-and-dgators-and-the-Russian-Anti-Plague Yokohama for Victoria and Vancouver, B.C., Commerial Universities, Berlin and Cöln.
and Railay doctors, Several interesting !particulars gathered from various sources, it is on the 1st int. at 12.30 pm.
WHAT IS DONE IN BERLIN, The P. M. 8.8. Co. str. Manchuria sailed
The principal point the speakers evening, The programme of the Berlin Commercis evident that the losses caused by damage to peeches were exchanged in the course of from San Francisco ou the 2nd instant for University, which is similar in its aim and policy property are very rust, while in the Harbour emphasized was the necessity of keeping science
one or two launches are reported lost, and cou- Hongkong, vis Honolulu, Yokohama, Kobe, to that of Cöln, states that it has been the Nagasaki and Shanghai, and is due to arrive strenuous endeavour of the founders in organiz- siderable damage has been done to shipping away from the turmoil of political strife, for the more science progresses the happier the people generally.
and the friendlier the nations become. at Hongkong on the 29th instant
ing and developing this institation to keep in
20,000 ◊ ◊ 18 20 £136,407 15
W. KESWICK, Director.
H. BEAZLEY, Director
7