Page
SUPREME COURT.
Friday, 2nd August.
IN SUMMARY JURISDICTION. BEFORE Mr. H. H. J. GoPERTZ (Penske Judge)
Granted.
A PENDING ACTION.
LANDLORD AND TENANT.
PUBLIC COMPANIES.
THE INDO-CHINA STEAM NAVIGATION CO.
THE HONGKONG DAILY PRESS, SATURDAY, AUGUST 3RD, 1913.
TROPET AND LOBB ADCOUNT, S1er MAT, 1912. To Auditor's Fee
To Depreciation for year ending
31st May, 1822 To Balance
By Balance from last account By Interest By Transfer Tees By Profit en Trading
$ 350.00
2010
DODWELL & Co., Izv..
General Managers.
I report that I bare audited the above balance sheet with the books and vouchers of the Company in Hongkong and that in my opinion such balance sheet is pro- perly drawn up so as to exhibit a true, and correct view of the state of the Com-
The report of the Indo-China Steam Navigation Company for 1011 states that the volume of business during the period under review was, up to the time of the The claim of the Pacific Mail 8.8. Co. outbreak of the revolution in China, the mort satisfactory for several years, and against A. R. Mary & Co.. for $254.71
that a corresponding improvement in Mr Shenton, who ap- was mentioned.
practically assured had normal condi peared for defendants, asked his Lord-earnings for the year would have been The revolution, which tions continued. ship to adjourn the caso sine die. It was the case in which bis Lordship had grant affected all China carriors alike, brought commerce almost to a stand-still, and, ed a commission.
further, the company in particular suffer- ed the additional disturbance of Japanese In the action, Charles Pedersen Con-intrusion on the Calcutta run. naught Aerated Water Company for credit side of the revenue account (in-pany's affairs at the 31st May, 1912, 81,000, Mr. Crowe, from the office of cluding 25,093 brought forward and aaccording to the best of my information by the books of the Company, I have Messrs. Hastings & Hastings, appear transfer of £10,000 from underwriting and the explanations given, and as shown ed for the plaintiff, and Mr. Otto Kong account) amounts to £99,005, and after obtained all the information and explane
allowing £53,039 for depreciation, writing tions I have required. Sing appeared for the defendants.
of £1,500 from expenses of debenture issue, and providing for all outgoings, there remains £22,407. It is proposed to pay the dividend on the 6 per cent, Cumulative, Preferred for the year 1010, and to carry forward £7,31. The com- pany has acquired a one-third interest in the steamers Luen Fi and Zuen Ho, pro-
Mr. Kong Bing said he understood this would be a jury case. Conasol had been engaged for defendant, and he would ask the case to ataud over for a week. More- over, he wanted further particulars.
Mr. Crowe said his Lordship had order- ed particulare of defence, but they had not heen given.
Mr. Kong Sing replied that he could not give particulars of defence until he had further particulars of claim.
His Lordship Did you ask for them? Mr. Kong Sing-No.
Mr. Crews said his endorsement was very full.
Mr. Kong Sing said the claim was that the whole house was unwholesome, dirty
and uncomfortable to live in.
His Lordship-I don't know what more particulars you can get than that.
Mr. Kong Sing-Well, he claims 81,000 damages, but he has not specified them.
His Lordship-Does more than the top Buor helong to you?
Mr. Crewe Only the top floor. the His Lordship--You say house."
"said
Mr. Crewe I will amend my claim. His Lordship---What are the partica Jars?
Mr. Crowe-Your Lordship made an order for particulars last. Friday,
Mr. Kong Sing-He asked for plead ings and your Lordship ordered particu- lars of defence. I think pleadings might be ordered.
The
viously run by French competitors on the The remaining two-thirds Yangtsze. are owned by the company's allies in that trade, the China Navigation Company and the China Merchants' Steam Naviga- Out of the profits of tion Company. 1010 (including a transfer of £20,000 from underwriting account) the preferred or dinary dividend for two years was paid,
Jeaving one year in arrear.
THE SHANGHAI COTTON MANU-
FACTURING CO., LTD.
Messrs. Ellis & Ellis inform us that there are in receipt of further telegraphic advices from Shanghai stating that the directors of the Shanghai Cotton Manu- facturing Co., Ltd., have declared a dividend of Tis. 8 (eight) per share, for The the year ending 30th June, 1912. dividend paid for the corresponding period of last year was Tis. 4 (four) per share, and in consequence of this addi- tional dividend and the good result of the year's working, this stock shows a remarkable advance, buyers to-day offer- ing Tis. 80 per share, with no shares
Ilis Lordship-I will order pleadings.forthcoming- The case was adjourned for a week.
FAREWELL PRESENTATIONS TO DR. J. W. HARTLEY.
1
Dr. J. W. Hartley, who has just severed
THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.
The report states : →→
HONGKONG SHARE MAGKET.
CERMAN STEAMER'S TERRIBLE EXPERIENCE.
CARGO OF OIL LOST.
On Tuesday evening last week the steamer, Linie's Hamburg-America Loongmoon, put out from Tsingtau for Rer cargo Shanghai in fair weather.
The
261.38 Messrs. Vernon & Smyth in their 12,894.78 weekly share report dated 2nd August
state:- $13,236.18
The market generally for local stocks $214.29 continues dull, but rates on the whole
1,947.49 remain steady. Sterling "Rubbers" consisted of bean cake and oil. The trip is only a short one, and for & vessel of slightly better on the week, and Fine her size and power a quick one, but 11,972.38 Hard Para Rubber is quoted firm at 4/11, nuver since she went on that run, reports the Shanghai Times, has she had such $13,856.16 the tone of the share market being steady an experience as on the last trip.
Singapore stocks are neglected and the Chief Engineer told the following story: market closes without any interesting feature to report. The Bank of England and open market rates of discount are to-day both quoted at 3 per cent., and Bar Silver at 27 9/10d. ready, 27 11/16d. forward. Sterling TT. closes at 1/11 and Shanghai T.T. at 731. Consols have further improved during interval,
BANKS.-Hongkong ar
ais-have closing at 74 7/18 firm.
Eero are been booked at 8830, by
483 109. Od. sellers. The Lendon rat
MARINE INSURANCES-Unions continue on offer at 9800 with small sales reported at 8795. Cantons have again been booked ut 8210, and more shares are wanted.
TIRE INSURANCES. — Hongkongs are easier with small sellera at $354, but Chinas continue firm at $132 with buyers after reported sales at $133.
SHIPPING, Hongkong, Canton and Macaoa close steady at 227, and Douglases Indo at 623 with probable buyers. Chinas have receded to a selling quota tion of 871, with London unchanged at 140/-, middle price. China and Manilas are on offer at $9. Star Ferrys after sales at $39 and 239, are now enquired for at $40. Shell Transports close firm with local buyers at 101/6, and no shares at 1. obtainable from London under 108/-
MINING.Raubs are quiet Tranche have been bought from London at 73/9 and close in request at the rate. Heawoods are quict at 4/3, and Chinese Engineerings at 33/6.
W. HUTTON POTTS, Auditor Hongkong, 20th July, 1912.
RETURN OF THE "NINGPO.”
ANOTHER UNŁUCHY VOYAGE.
The Chinese junk, Ningpo, has return ed to Shanghai after a second essay to cross the Pacific Ocean to America for the purpose of being exhibited at the World's Exhibition at San Francisco in
1915.
Foreigners in Shanghai, says the N.-C. Daily News, very naturally make little of what Chinese term "joss," but the story of the Ningpo is surely one of singular ill fortune. The Wingpo, was
built more than half a century ago, and her misfortunes have been manifold. In the days of disorder amongst the sea- going Chinese she was useless, being invariably out of order when most need- ed. To militate against this the authori ties, in addition to placing the "eye" in the bow, put a tin fish in her stem ta frighten away the devils." Even this, however, was to no purpose, and to-day the Chinese refuse to burn crackers upon her. In fact an effort to get sailors from amongst the Chinese was met with a blank
refusal.
Their fear of the vessel is at all events well founded to-day for she is quite un- seaworthy. The account given by Capt. Scurr, her Commander, of the Vingpo's second attempt to make the voyage across
the Pacific is as follows:-
A CRITICAL EXPERIENCE,
io
finc
We
We put out from Tsingtau on Tues- day evening. The weather was fair and wo expected a pleasant run to Shanghai. The boat was as steady as a rocks in fact she was never steadier, and I re- colleagues. Throughout the night, sho marked on the matter to one of my remained steady, but being below I was unable to see or hear what was going Suddenly the ship' gave a sharp-roll. I paid no attention to it but gradually it increased until on above.
imagined wo had struck dirty weather. paid stricter attention to the engines, but ultimately the rolling became 80 violent and so bad that I was unable to stand. I and any assistants were co- pelled to exercise the greatest caution, for the pitching of the boat was so great that oft timca, we were thrown against the rails which protect us from the machinery. Matters grew worse; it be. came totally impossible for us to stand, and with the greatest difficulty
At last I be- attended to our duties.
A terrible came desireus of seeing how matters stood on deck and after struggle I mounted the steps, to see the scuppers scooping in sea water-so low did the ship roll. The wind was terrific. Amidst the roar I could hear the voice of the captain issuing orders; I saw the sailors fastened by ropes It was a night I shall never forget. In the whole of iny encountered such experience I never weather. All day long the raging sea and wind (as the weather reports stated) should have great difficulty in working kept up their fury, and I feared that wo our way through. I made my way back REFINERIES-China Sugars after vari
to the engine-room and just as I arrived ous reported sales at from $115 to $117 sellers, Luzona are weaker with sellers not then know, bat only a few minutes clapsed when I discovered oil on the at $332,
floor of the engine-room. Our cargo, I clase with an uncertain tone at $118 there I heard a crash, What it was I did DOCKS, WHARVES AND GODOWNS.-Hong-later discovered, was lost, the majority kong and Whampoa Docks are unchanged of it had been thrown into the sea, some rolled over the deck, some descend- with sales and probable sellers at $16. during the violence of the ship's roll,
and some Hongkong and Kewloon Wharves have.
ed into the engine room, been booked at 202 and $13, and more shares are to be had at the latter rate. damaged the bean cake in the holds. shrug Amoy Ducks are steady at 361, Shanghai I never wish to have another experience Ducks at Tla. 50, and Shanghai and like it," he concluded, as with
of the shoulders he walked away." Hongkew Wharves at Tls 93.
LANDS, HOTELS AND BUILDINGS.-Hong- Kowloon kong Lands are quiet with probable
sellers at $102 ox-dividend. Lands continue în request at 834, and kong Hotels have been booked, and more West Points at $513 ex-dividend. Hong- shares are enquired for at 8113 and 875 for old and new respectively. Hum-
un- phreys Estates are easier with probable
COTTON MILLS-Quotations are sellera at $7.65 after sales. changed and the market closes with sellers of Hongkonga at So.
INTIMATIONS
MOTHERS Preserve Baby's Skin
iticura
•YSOAP
With
CUTICURA
Soap and Ointment
A lifetime of disfigurement and suffering often results from the neglect, in infancy or childhood, of simple skin affections. In the prevention and treatment of miner eruptions and in the promotion of permanent skin and hair, health, Cuticura Soap and Cuticura Oint- ment are absolutely unrivaled
Samples with 2-p. book free from nearest depot: Newbery, slept., Charterhouse B., London: R Towns & On., Bydney: N.B. W.; Lennon, Ltd. Cape Tows: Muller, Mrolean & OoOnderita med Bombay. Potter 1. &C. Corp., solo propa, Boetua, Ti, N. 4.
89-1..
Chs. J. Gaupp
& Co..
ALEXANDRA BUILDINGS,
CHATER ROAD.
stock of
SCIENTIFIC · AND
SURVEYING INSTRUMENTS
his connection with the Colonial Civil accompanying statement of accounts for board in a most perilous position, I wanted at $221, Ropes at $192, Union C.M.G., who was supported by Captain Transite, Levels, Plane Tables, Prignatio and
Service, after six years spent in Hong- kong, left with Mrs. Hartley and child by the Haiching yesterday for Amoy where Dr. Hartley joins Dr. Ainslie in
the year ended 31st May, 1912.
ACCOUNTS.
The balance at the credit of profit and 8214.99 loss account, after writing off 8251.38 for depreciation, and including brought forward from last year, $1,334.78, which it is proposed to appro
BIISCELLANEOUS. China Borncos are firmer with buyers at $81. Electrics are Water Boats at $9 and Watsons at $43. There are scliers of China Providents at 381, Steam Fisheries at $3 and Cements at $14. Iees have been booked at $207.
LONDON QUOTATIONS. The following from London by wire this morning:
...107/0 United Serdangs quotations (middle price) were received
Sapongs......... London Asiatics
wea The Ningpo left Wooding on Monday afternoon last week, ther with north-easterly winds beating up Ou Tunoday morning she sad down. had fine weather with a breeze from the south, but shortly afterwards, when abreast of the North Baddle, winds russ with hurricane violence, and the next morning the junk started to work her- The General Managers have the plea-self to pieces. The main gaff strings were sure to lay before the shareholders the carried away, and the gaff hung over fack it had to be cut away to save the huli of the vessel from being holed by the gaff. The masts were strained badly, At this and particularly below decks. stage it was found that the sail was To farled and the main sail reefed.
the shoring all getting too heavy, and the foresail was make, matters worse started which by the way only happens
E. & 1. Trasts in Chinese junks--and the mizzen mast was carried away with no sail on it.
This was a most critical moment and Rubber Trusts the craw who up to this point had be Tronoha........ haved in a most exemplary manner, aud Hongkong Electric Trams 2,000.00 heroically in several instances, saw the Shell Transports
gravity of the situation and refused to Chinese Engineerings
There was no alter-Indo-Chinas procood further.
London Ventures. 1,980.00 native, and a jury sait was rigged up
on the main mast and under this arul Pahang Consolidatedu 1,080.00 the fore sail Shanghai was made.
931.78.
It is worthy of note that the Ningpo did not make anything like the distance $12,831.78 that she did on her first attempt, but in the hundred miles which she covered there was no lack of incidents..
priate as follows:-
5 per Shares
cent.
ப
on
ie
private practice. A number of friends were at the wharf to hid him farewell, and two interesting presentations were made. When Dr. Hartley came to the Colony in 1906 he was appointed Rail- way Medical Officer. While the railway To pay a dividend of 15 per
cent. on Ordinary Shares 85,040.00
General Managers' Re was under construction the duties of that ro
Since the inuneration lag post were exceeding heavy.
Ordinary completion of the line Dr. Hartley's To pay a further dividend of appointment has been that of Medical Officer for Kowloon, including the Rail- way, and one of the presentations made to him yesterday was a handsome Bilver bowl which Mr. Winslow presented on behalf of the European Staff of the token of their esteem. Railway as R The second presentation was made by Dr. W. W. Pearse on behalf of a few personal friends. This took the form of Dr. Hartley has a pair of binoculars the best wishes of a wide circle of friends in the Colony for his prosperity in his sphere of activity at Amoy.
CICELY ESTATES.
To pay $19.30 per share on 100
Funders' Shares
New To
earry Account
forward
to
AUDITOR.
The accounts now presented have been audited by Mr. W. Hutton Potts, who, being eligible, offers himself for election.
DODWELL & Co., Ltb...
General Managors. Hongkong, 29th July, 1912:
BALANCE SHEET, 31ST MAY, 1912. LIABILITIES.
$30,600.00
1,000.00
shares of 910, of Capital 9,800 ordinary which $4 per share paid 100 Founders' shares of 810 fully paid Reserve Fund Unclaimed Dividends Sundry Creditore............ Reserve for bat and doubtful
debts Profit and Loss Account balance
The report of the Cicely Rubber Estates Company, Limited, states that the net profit for the year to March 31st, after providing for administration expenses, directors fees and commissions, and allowing for depreciation, is £37,208. To this has to be added £3,290 brought forward, making the amount to the credit of profit and loss account £40,887. Out of this dividends have been paid as fol- lows Interim of 774 per cent on the preference shares, absorbing £4,60; in- terim of 75 per cent, on the ordinary shares, absorbing £7,500; leaving £28,437
final dividend of It is proposed to pay 1021 per cent, on the preference shares a total of 180 per cent, for the (absorbing £3,150; and 100 per cent. on the ordinary shares (making 176 per cont. for the year), absorbing £10,000; it is also proposed to place to reserve a further sum of £7,000; leaving to be ear- ried forward a balance of £5,287. present cultivated area is as follows:- Original clearings and sundry purchases, 159 acres, planted in 1905, 194 acres planted in 1908, 214 acres; planted in 1907-8. 200 acres; planted in 1008-9, 35 acres; jungle, st acres; total 832 acres. 217,479 lbs. of rubber were harvested, cost-Unexpired portion of Insurance ing 19. 3d. per b. and sold for a net
The
ASSETS.
launch Gladiator Launch Moorings Furniture and Fittings : --.
As per fast account.... 408.92 282.46 Since expended .....
751.38
TC-
$ 40,600.00 46,000.00
779.80 8,570.10
AMONU GIANT WAVES.
On the morning of July 25th a typhoon was raging in the middle of the Yellow Sea, stretching practically from Korea to Shaweishan, and encountering the two bigh pressure zones on either side. The crew stuck gallantly to their posts, but the most persistent person could not have fought against the giant waves that frequently came across the bows,
The optimism of the crew that has hitherto been such a conspicious feature of the trip is not unnaturally damped. The vessel is manifestly too old for the trip and only in certain circumstances could she possibly be made Beaworthy.
Whether the promotera of the schema are prepared to carry on to greater lengths will be decided by cable.
SALE OF CHEFOO HOTELS.
20/-
10/6 15/3
8/-premium.
73/6
101/6 4/0 .... 33/0
..140/-
1/. 9/10
A THREAT TO THE NATIONAL COUNCIL.
A HANKOW PRESENTATION.
ECHO OF THE REVOLUTION, There was a large gathering of Han. kew residents at the British Consulate- General on the 20th ult, to witness the Always have on band a very large complate presentation to Mr. E. G. Byrne, of an scription:Presented by His Majesty's Government to Ernest Godfrey Byrne in oxquisite silver casket, which bore the in-
ing the revolution-at Hankow, October, recognition of his valuable gervices dur- November and December, 1911,"
The Consul-General, Mr. H. Goffe, Williams R.N., Captain Mallinson, the his Staff, said Mr. Byrne had during officer Commanding Hankow column and the recent revolution rendered valuable services to the foreign community, and he General Li, to pass through the zone of DRAWING fire. With his great tact, coupled with his knowledge of Chinese, he had been the had, in his almost daily interviews with
means of settling very important negotin- tions with the Chinese. His Majesty's Minister had also forwarded a letter in wihch he greatly appreciated Mr. Byrne's (T Bquares, Bet Squares, Straight Edgem services. He had, therefore, great plea- behalf of His sure in handing, on Majesty's Government, this piece of plate to Mr. Byrne (Applause.)
Mr. Goffe then introduced Mr. Herens- perger, Chairman of the Chamber of Commerce, who after a felicitous speech massive presented Mr. Byrne with a silver cigar box as a memento from the Chamber of their members' appreciation of his sorvices during the recent troubl- ous times.
were
Mr. Byrne having thanked the donors for the valuable presents, three cheers then called for and heartily responded to, after which the health of the recipient was toasted.
PREMIER'S RESIGNATION
The National Council at Peking on the 26th ult received 103 letters signed "Kienkungtuan," saying that the Kien kung proposed to present each member of the Council with a bomb as a special
The Peking Daily News states that the recognition of the energetic services of the Council in helping to ruin the coun
The wording of the letters is President has vetoed Premier Lou's re- try. described as being brutal and very force-signation somewhat in the following
words: ful.-.-C. Daily News.
LOVE MUTILATED BY WIRE.
VETOED.
The statement of the reasons of his re- signation have been duly considered. The Premier has had long residence in Europe and is well acquainted with the Since his appointment world's affairs.
A New York correspondent of a London to the Premiership, representatives of all friendly nations in Peking have express- contemporary says:-
..
the
of very themselves for
A claim for damages for the alienationed their warm approval and welcomhed
So, in
opinion of his fiancée's affection has been lodged him,
of the President, the people can by a New York man against one
congratulate America's two telegraph companies owing well to a remarkable error in the transmission having secured the services of the best man. During the transformation of the of a telegram a few weeks ago.
The man handed in a telegram to his government, internal politics have been influenced by external forces. The Presi A correspondent writes from Cheloo on 300.00
July 23: At the auction to day a Chi hauete-reading, "I love you for ever."
with the Premier before, but his servicer 12,831.78
nese. bought the Beach Hotel for Tis. The telegram reached the girl reading dent-ban nut bad any social intercourse 17,500. The Sea View Hotel was bought leave you for ever."
The error was due to a mix-up in the bad been anxiously awaited for. It was 8109,099.74 by the Chefoo Club for Tis. 21,100. The
The Morse code, in which the letter "O" is simply because the country is in dire Godown was sold for Tis, 6,900.
In case the Premiership represented by two dots, the letter E need of an able man to tide over this buildings, three bungalows, and several
will $1,000.00 acres of land adjoining the Russian Con- by ons dot, and the letter "A" by a dat critical time.
and a dash. In transmission the dash should once more be changed, it is dilli- 82.00 sulate were sold to the Catholic Mission
was eliminated, and the two dots. Tan cult to foresee what consequences
follow. The great masses of our country for Tls. 12,990. This enablea the Hong- kong and Shanghai Bank to secure its together, thus causing the tragedy.
The girl returned the man's ring, his will be extremely excited, but not only monay, but it is to be feared that many others will receive little, if anything. It presents, and his letters and refused to that; what will our neighbours say? The is alleged that Sing Tai & Co. paid eight hear a word from him when he endeavour Prender's statement of reasons contained 'me" to adopt an unfriendly per cent, interest, and several foreignersed to explain. He has just learned that the passage that it is not the ting for the girl has announced her engagement 000.00 took the risk and deposited money with
to another man, and on this he bases bis attitude against each other, nor is there 39,318.16 them instead of with the foreign banks.
This shows bis bitteraose against unneces NC. Daily News.
claim against the telegraph company for any room for us to blame each other. damages.
age.
Therefore, so much the more reason The names of the parties have not been sary disputes and his independent cour- He should not made public, because the case has not yet that he should confront his difficulties been taken to court, pending the possi with all his strength. bility that the company will settle, I have any more thought for rotirement no settlement is made the New York and leave the country to dangerous con- courts will be compelled to decide the sequences, His resignation is therefore degree of the company's eulpability. hereby vetoed.
Lesa written off... Vaine of nistorial on hand
251.38
Polieios
290.42
29,388.21
lbs. last season, realising s. d. and Cash in Current Account and on costing ta. d. The manager estimates
Fixed Deposit with Bankers...
45,542.90
that upwards of 250,000 lbs, of dry rub-Cash in hand ber will be harvested during the cur- rent year, as further trees will come into
29.05
average of 4. 8d. per lb. against 170,700 Sundry Debtors ---
bearing.
POLO.
The final of the Polo Tournament, which $109,000.74 was postponed owing to rain, will be played to-day. at $.30 p.m.
you
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