Page
THE TRAMWAY BOYCOTT.
THE HONGKONG DAILY PRESS, SATURDAY, JANUARY 11TH, 1913.
WITH THE "DUNOTTAR CASTLE" IN HONGKONG.
BY A MEMBER OF THE MONEER CLCK, LONDON.]
|
HONGKONG SHARE MARKET.-
Messrs. Vetron & Smyth in their weekly share report dated 10th January state :-
CHINESE LOANS.
THE LONDON group.
The following institutions and firms. will in future form the British Group of the Six Power banking combination Hongkong and Shanghai Bank. Baring Brothers & Co. (Limited). J. H. Schröder & Co. London County and Westminster Bank. Farr's Bank (Limited).
THE P. & 0. COMPANY.
THE ANNUAL MESTINO.
The following extracts are from Sir Thomas Sutherland's speech at the recent meeting of shareholders of the P. & 0. Company :-
The local market opened strong in the
NET FLEIGHTS: THE EXPENSES. As to the character of our trade during early part of the week under review with, a good enquiry for investment account,
the past year, I need add but very little but with the completion of orders a
In the House of Commons on the 20th
what is said in the report. Our net quieter feeling has set in, and in some instances rata have receded from the alt, Sir H. Carlile asked whether, in any
#t very modest highest points touched. Sterling Rubbers lonn negotiations between the Six-Power freight amounts to £1,831,108, an inercase
would be limited on the British side to and that, indeed, is remain as about last quoted with anGroup and China, future participation of £100,802 over the figures of last year.; easier Padency in evidence. Fine Hard the five hanks now associated; whether
tood that participation of other reputable trade was booming during the whole of Para nad Plantation Rukher are both the Foreign Office would let it is under-increase considering that the shipping quuted at 476 per . firm. The planking houses who might wish at future
fer cent.
Bar Silver is noted at
inore Lon-
BANKS.-Hongkong and Shanghais have len braked at $825, and a few spares are procurable at this rate. don now quotes £81 10%
MARINE INSCANCES.-Cnions continue China offer at 2917, and a slightly lower rate would probably be recepted.
EVIDENCES OF WEAKENING. There are indications that the tramway boycott is weakening and that the nove
Like an answer to prayer-like the sun- ment is almost at an end. This was seen yesterday in the larger numbers which shine among the red roses and white manie use of the cars, especially in the camellias of Canton after the snowstorm afternoon and evening, and it is expected at Shanghai comes the glad telegram that within a day or two something like from India Export of opion to be discontinued": provided only now that normal conditions will be regained.
"There can be no doubt that this break the news be communicated to the Chinese Courtesy is the nit ing and the boycott is due to the fact Diat in plensen: terms! the Chinese community sus that the Gov-of the machine of life, and none feel this crapent was really is earnest 3n their more than the Chinese. We may now look endeavours to suppress the movement. Torward to all good things. Thu Chinese, who are experts in the game
It would be interesting to know here i murket rate of discount is again ensier at dat toh nasoeikta with these last year. But you must consider the 4 per cent, but there is no change in the wont be regarded as a condition of great loss we sustained during those two of bluff, apparently dongia that the past many whoses have been started for the
ment whether the British Government | that we have had to incur expenditure (of was satisfied with the Larms now arranged which you do not sen the figures in the ing of the Boycott Ordinate was nothingrople's good fo Contar since the Turning Bank of Bugland rate, which remains at ethral sapport by the British Govern- great strikes, and you may also consider
ore than a threat, and this impression was probably strengtied when the days to the Light-me of the many Chines
names for de Revolution besides that of 29 3-160 for both ready and forward, between the Six-Power Group and the port) in regard to the loading and None. However, ca market steady, and Sterling T.T. at 2/3. Government for the proposed discharge of one ships, which, heavy as passed without any indication that the
Savings Bank..
respect firy differed from thom previous year by at least £25,000. As you are also The au- Ordinance was to be applied.
ly put forward to which China objected: pouncetuent in the fate of last Staregunt in grandear, the University in Shanghai T.T. choses at 718, and Singa-u af 25 million sterling, and in what it was last year, has been accedel this whether a sixth British bank in additionaware, the rates which mail steamers to the four now asseinted with the long day that ten batted districts would be Hongkong, which we have now seen, bay- pore T.T, at 8ng.
and Shanghai Bank was also asked proclaimed as bogentt areas nutter the is the privileges of being taken over by
to participate bal refused; and what was the reason for this decision, Boyent Prevention Ordinance has haul Professor C. A. Middleton Smith, evident. its effect, and the barling members of the right man in the right place, the Chinese commimairy have bestiered endowed with sufficient vitality to push themselves in order to avert the impost. Even the most backward of pupils to the tion of the special leg which might front, and evidently glorying in the in-
are unchanged, and Cantons are procur. follow the proclamation of the boycott Lense desire to learn of his Chinese pupils.Traders, North Chians, and Yangtszes
able at $270.
FIRE INSTRANCES. - Yongkongs after Representatives from the districts He fuks it is not only impossible to concerned not only attended At Government j divert them from their studies, but that House to buy their case before the Gov-they are discingnished by an originalty sales at 5:00 to 8:00 as weak nod to of thought which be maintains, is never to st with probable sellers. Chinas are But why procurable at $150, but in sales are eruorin Council, but they formed a com-
They found among Japanese.
reported.
Canton and mitte to dral with the situation.
SHIPPING.-Hongkong. personally, demonstrated their sympathy should everyone who studies these two
Indos have further, weakened with the Trainway Company by purchas very different races at once take sides for Macnus are firmer with sales and buyers
(one or the other! The building certainly at 9, ing 1,500 tickets, number which by
The Lotion quotation is a middle) yesterday had been increased to 22,000.don grent credit the architeci, M. and can now be obtained focally at $83. There is a desire to further increase this Bryer, the interior being even lætter than pre. Douglases are easier with sellers number to the grand total of 50,000. so the exterior, and the details of the work. at $84, and Star Ferries after receding. that if these tickets are used within a few the moulding of the dogs, and the laying to 2 have recovered to a laying quota more be of the floors being all admirably carried on of $33. Shell Transports close firm days the trams should oner
REFINERIES-China Sugars have bern crowded.
This committer is endetyour-out, while the Degrees Hall is stately in with London a buyer at 143/6.
Already ing to enlist the ex-operation of all the its proportions as well as of agreeably booked at 9111 to $112, and at $114 for
plentiful March delivery, the market
Loans issued by Central Government;-1207,659, a trifling and, I may Luzons have been booked at 83, guilds in the Culony with a view to end-rich colouring.. ing the hayenth, and if that support be supply of machinery has been granted to steady.
a num. and more shares are wanted.
MINING.Tronohs after sales at 77- Forthcoming here can be no doubt that the University by the liberality of the desired result will be achieved. The ber of English firms. And now the indehave further improved to 776 with to buyers for London account. Heawoods are wanted at 4/13, and Pahang Con- Govermeni have apparently been so infatigable Professor pressed with the genuineness of the efforts enlarge the building that already seems
solidateds at 10/6. Pusing Bharus have so spacious to receive this machinery, as
been sold to London at 9/6 to 9/9, the of this committee that they have indicated that if the boycott be ended within twelve also to find space for each student to do closing quotation being 10/- middle price. There are Malayan Tin Dredgings have been done days the proposed levy will not be his experimental work.
students now. He anticipates more than at 70/- and 72/6, and are now enquired inposed.
five times the number before the end of for at 75 for London account. Raubs have sellers at $41 with probable buyers at $4. Chines Engineerings have been the five years' course,
booked at 35/--
arrah
It is worth mentioning that the tram company's shares have been in strong demand during the past few days, and we learn that Chinese are the buyers.
Sunith
1
wants
We have come back to Hongkong to earn that the new road in the vicinity of the Peak Hotel, for which Mr. Find'ay, Smith willingly gave all the facilities asked for by the flovernment in connection with any land belonging to him necessary for putting it through, is to be called after him, the name of Findlay Smith being thus commemorated among those of the Governors who bave gone before. But Is the new what we want to know, 's: straight tramway to the Peak to be built during his and one's lifetime? automatic brake to be attached to the cars.?
Is an
Mr. Acland. The further expansion of crens the group itself, and I cannot say the British group is a matter that con- The answer to the sound, part of the question is in the negative. The terms what its intentions may be in this respect. of the forthcoming lean are still under this point of the It is for the Hongkong negotiations. discussion and I am not at liberty to disclose details at and Shanghai Bank to say what action. if any, it has taken with regard to the participation of other banks.
REPUBLICAN LOANS.
RECORD OF THE YEAR.
The public loans issued by the Central and teniporary. patriotic There were also loans Issued by Chibli, Government of China are of three kinds, military, Anhui, Hupch, Hunan, and Sheusi pro- elosinging list -
inces. The Stamen peu gives the follow-
DOCKS, WHARVES AND GODOWNS.-Hong- kong and Whampoa Docks are quiet with probable sellers at $564, Hongkong at $76, holders asking $77. New Amoy and Kowloon Wharves are enquired for Docks are quoted at $7 huyers, Shanghai Ducks at Tle. 03 sellers, and Shanghai and Hongkew Wharves at Tis, 107 buyers. Laxos, HOTELS AND BUILDINGS.-Hong- kong Lands have been booked at 81044 and
Yesterday our representative saw Mr. Stodart Kennedy, the manager of the Tramway Company, and was informed that there was little change in the situa. Lion, except that more people seemed to He had heard, how be using the cars. ever, that by Saturday there would be
more shures are wanted. Kowloon Lands many more patronising the cars, and they
are still in request at $36, and West had been requested to allow a band to
Points at 857. Hongkong Hotels are travel on a car which would travel over
new respectively. Humphreys Estate: the whole system, thus demonstrating the
wanted at $115 and 88 for the old and
`good-will of the Chinese to the ander.
COTTON MILLS.-Evos have improved to baking. Questioned as to the loss which
are steady at 8 with sales. It would be more useful there rs. 124 with Shanghai a buyer. There HCompany had sustained through the
probable sellers at 1- boycott, he put it at somewhere out than in a gedow. And are not there buyers of Hongkongs at $8 with $65,000, but when asked if the Company Hongkong people trusting too much to would make any claim for compensation human frailty-trusting all their lives not give an to a man's presence of mind setting free The replied that he could answer to that query. He pointed to the the handle in case of an emergency? We fact that there had never been any did should ourselves think he wild just as
n culty experienced in procuring Hongkong likely hang on to it as grim death. There coin, and remarked that the result of the user to be an automatic brake, we regulation to accept Hongkong money told. Possibly it was in somebody's way. would probably mean that they wou Anyway, now that his generosity, as to Thir a road with the finest viewpoint on the receive more copper than before.
the Chinese showed that experience experts exercised a big influence on their Peak at night, as far as we have been able to observe, is recognised, we hope that We learn that the methods adopted by the Government to cope with the Trainere long his enterprise and publie spirit way Boycott are revealing the identity of some of the leading spirits in the move- ment, a number of whom have left the Colony hurriedly and are not exported to return for some time.
business.
THE SIAK CASE.
may meet with the recognition it seems to a passer-by they deserves. A new tramway straight up to the Peak, therefore, with out a dangerous turning and called, after him, strikes us as suitable.
thing.
gave
In the University the tablet to Sir F. Even at this late stage the complica Lugard, who laid the foundation store, is tions attaching to the Siak Indrapcera inscribed in letters of gold. while that Rubber Concessions, Ltd.. have not come
the building, at to an end, and the latest development is to Mr. Mody, who initiated the whole notice of another claim for liability
It may be re-died just a month before his dreams against the liquidator. membered that some time ago. Mr. J. Feenue a reality, is inscribed in black letters! We are breaking the road for Bingham, the liquidator, distributed a
the rest." That is what we heard and dividend of Tls. 4.50 per share, and in connection with this distribution the now
A letter has what commonly is all the reward Pioneers Пlengkong! Beautiful obtain. complication has arisen.
Barkhausen, ever hem received from Mr. director of the Rembangsche Petroleum Lovely Hongkong! Farewell: Maatschappij, to the following effect :--
S16-I am informed that gone months
notice that I held you responsible for
the
ANTI-FOOTBINDING, MOVEMENT.
any plains which we may have against A reception was given at the Interna-
which Siak Company, and of existence you have been well informedtional Institute, Shanghai, to Mrs. Archi Danottar Castle, and in the course of a by us in the year 1911, and also last year bald Little, who was a passenger on the speech Mrs. Little made the following by our letter of February 27th.
MISCELLANEOTs.-China Borneus have to 813 buyers after further sales at $215. improved to 810 buyers, and Dairy Farina China Providents have been booked at 80, Cements at $4.10, Peak Trams at and Ropes at $19. There are sellers of 8111 (old) and Si (new), Watsons at 86),
at $100, and Pulna-ht: 830. Langkats are Union Waterlionts at $14, China Lights quoted at fls. 15 sellers and Hongkong Electric Trans at 4/9 buyers after exten- sive sales, at from 1/6 to 4/9, London refusing now to sell under 4/11.
LONTION
QUOTATIONS. The following quotations (middle price) were received by cable from our London Agents this morning United Serdangs Linggis London Ventures Rubber Trusts Eastern Trusts Labns Tronohs Pahang Consolidated Pusing Bharn Shell Transports Malayan Tin Dredging
Indo-Chinas (combined)...158- Chinese Engineerings...... 34/6 Hongkong Electric Trans 4/9.
141- 29/9
137- premium,
19/6
10/
78/9
10/6
10/-
77/6 .115/-
CHINESE CUSTOMS RETURNS,
INCREASES GENERAL.
Military Loan:~
Amount of the Loan Amount issued
Amount actually
$10,000,000 14.1-40, 205 546,870
rive in connection with the carrying of fine cargo have been changed not at all, or very little, during this bunyant period, That is the result of the Conference ystem of which I have speken a griod deal at our meetings. You will remember that certain Singapore wisacres wished to abolish that system, but, happily, they repented in time. That system ensures u steady uniformity of rates, which allows | merchants to operate in valuable produse
Purriedly. The mail steamers and liners. ་་་་་ ar called, hold that trade, with the certain knowledge that the
and are satisfied to hold it on those conditions: and the fact of these condi. tions of non-variation in the business led the Royal Commission which investigated this question for two years to give its this system, verdict of approval to
rates with not
My
גן 1:
aud down
because under this system stall shippers the largest shippers in any trade. PASSENGER TRAFFIC: THE SIBERIAN RAILWAY. qually at the same advantage with
Now I come to our passenger traffic.
account which amounts in
this
PELN
almost contemptible increase of £3,19%. We have felt throughout the whole 12 months that there has been in various A btives] ---
directions a considerable reaction in this department after the brisk business, dur- Interest-8 per ont. per annum.
ing the Coronation, and I am sorry to Date of issue-February, 1912.
say that the competition is not only Term for redemption--six years. Remarks Owing to the loan bonds bay-universal at lower rates than those at We have, for instance, very received, | merease. W35 only $516,870 ing icen sold mcsily through the pro- which we work, but it seems tending to vinces.
Siberian Railway, which is now working although the amount issued had been over great and serious competition with the
Patriotic Loan:-
apparently with great efficiency, and wo the amount fixed.
Amount-$30,000,000.
have similar competition from the Fur- ther East with the Pacific route through America and through Canada. More over, we have this disadvantage to con- tend with, that in all silver countries. where people are paid in rupees and dollars, they appear to be obliged to cultivate economy to the severest point. and the consequence is that our second saloon cabin accommodation is in increas ex-ing favour at the expense of the first-class
Amount received $11,281,570.' Interest-Six per cent, per amma. Date of issue-11th moon in 1911. Term of redemption-Nine years. Temporary Lonn:- Actually issued and received--8400 Interest-1 per cent, per month. Term of redemption Six months.
Remurks-Owing to the stress of Gov crament finance, the term has been
tended another six months.
-Tis. 200.014.
Loan issued by Chihli :-- Amount--Tis, 3.200,000. Interest per cent. for the 1st year. added after the 1st year. nnd 1 per cent, additional for every year
Loan issued by Anhui
Amount Tis, 1,200,000. Interest 7 per cent, for the 1st year, added after the ist year. adding 1 per cent. interest for every yea
Lean issue
Amount -Tls. 1,400,000, Interest-Same as Chilli and Anhui. Date of issue-1910. Term of Redemption-six years Loans issued by Hunan:- 11) Auount--Tis. 1,200,000, Interest-not known, Date of issue-1911. Term of redemptini-Six year...
Loau-Amount (2) Military $5,000,000.
Actually received over Tls. 1,400,000. Interest 4 per cent. per annum Other particulars--unknown. Loans issued by Shensi:-
6 per cent. Local Loan:-- Amount-unknown.
Actually received Tls. 203,533.8k. Details unknown.
8 per cent. Local Loan:- Amount-unknown.
xed
Actually receivedTls. 461,109.20. Other particulars-Not ascertainable.
THE OPIUM TRADE.
were
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accommodation. The remarks which I have made with regard to passenger traffic happily do not apply to the now trade in which we have just embarked- Australia. There we find a state of namely, the Cape emigration trade to affairs which is very encouraging as to ENGLISH, AMERICAN the future. I am glad to say that the
GOLD AND SILVER WATCHES. various Australian Governments have
BRACELET GOLD
SILVER agreed to advance rates of assisted passages as compared with the low rates
"WATCHES. which have beer-existing hitherto and. as we shall shortly have nearly £1,000,000 of capital in that particular track I need hardly say what an enormous interest we have in the prosperity of the Australian colonies. There is one remark I might On 1 report make which is outside. altogether. It is with regard to the open- ing of the Panama Canal next year, and what I wish to say is that we feel no particular anxiety as to any possibile ffect on this Company. We are rather inclined to believe that if the American world sets out travelling to the Far East by that route it will in all probability benefit the services of our Company on the homeward journey.
MESSRS, JARDINE, MATHESON & CO.
FURTHER QUESTIONS IN PARLIAMENT.
ENGLISH MOUNTED CHINESE JADF
JEWELLERY
MAPPIN & WEBB'S
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SILVERWARE,
CUTLERY
PRINJES PLATE.
OF
EYE
and
41
and its anatomy and our long experience in correcting defective vision enable us to tell beyond doubt if your eyes will be benefited by wearing glaDOS.
Mr. Ginnell (Westmeath, N., Nat.) on Sir H. Carlile on the 20th .ult. asked in the House of Commons what was the the 16th ult. asked the Secretary for reply of the Chinese Government to the Foreign Affairs whether the careful in warning of Sir John Jordan that, unless quiry in 1910 into the complaints of unequivocal assurances were immediately unfair monopoly in all business in China forthcoming that it was the intention of enjoyed by fessrs. Jardine, Matheson & China to observe the Anglo-Chinese Agree, Co, or that company's explanation, which was considered satisfactory, or any sub- ment of 1911 regarding the importation of opium from India, he would be cam-sequent inquiry or explanation, disclosed STUDY
the head pelled to advise his Government that the fact that during the construction of
ineffective; and the Shanghai-Nanking Railway, remonstrances whether the Foreign Office had reesived of Jardine, Matheson & Co. at Shanghai, tque in fene was chairman of the any representations from India as othe
Shanghai-Nanking Railway Board, and The Peking correspondent of the N..
Customs danige done to legitimate trade.
Mr. Acland. A reply to the last in that capacity issued orders for the THE revenue for 1912 is Hk. Tls. 89,970,000, A new
presentations of Sir John Jordans still supply of materials for the same to Jar ago you divided the assets of the Siak MRS. ARCHIBALD LITTLE ON THE Daily Nur says the total En increase of Tis. 3,800,000.
being awaited from the Chinese Govern dine, Matheson & Co.; and whether be Company. I therefore herewith give you
record is, thus created.
Increases are general, except in the casement. The answer to the second part of would explain what there was in the cir whole matter is receiving the careful satisfactory to any one but Jardine,
Matheson & Co. Shanghai. The latter show's a decrease of
attention of His Majesty's Government.
(Lanes, S.E., Mr. Aclnad, who replied, said:- His Tis. 270.000.
Mr. T C. Taylor of some of the Manchurian ports and of the question is in the affirmative, and the cumstances to make that arrangement there is much less planting this winter Shanghai got of Messrs. Jardine Matheson & Co. was also chairman of the Radeliffe: Min.)--Is it not a fact that Majesty's Government are aware that the thau last?
The construction of Mr. Acland. It is still rather early to Shanghai-Nanking Railway Board at the be certain as to the amount of planting time in question. that has been taking place this autum, the railway was completed in 1908 and no complaints were received by lis hut the question is one about which care. ful inquiry is now being made. Upori the Majesty's Government, prior to Septem- The complaints subsequently results of that inquiry as to what stop ber, 1910. are being taken to suppress the growth received were against the alleged unfair ase by Messrs. Jardine, Matheson & Co. and sale of native opin the policy of
of their position to favour runs for which the Government must largely depend.
As already stated in Sir J. D. Rees (Nottingham,
reply to the hon. member for Thanes on Opp.) Does not the evidence so far they were agents. received tend the other way!
Mr. Aclaul. No, that is not so, Such December 111h, the explanations given as suggested by the hon. member that evidence as we have we have not yet with regard to these charges were con
Jardine, Matheson & Co. themselves, evidence from our own Consular Ambas-sidered satisfactory. It was never alleged a very considerable diminution of plant-orders for material were given to Messrs. ing this autumn as compared with fast. sador-is to the effect that there has been
Tientsin Chinwangtao come second
156,000.
It may be remembered that the Re-reference to the anti-footbinding move-in and no, an trease of Tls. bangsche Petroleum Maatschappij was ment which she imitated while resident in one of the several companies mentioned in China: the ease of Dr. Nijhuis r. The Sink Co.-- F.-C. Daily News.
FATAL ACCIDENT AT SEA. FOUR FIREMEN KILLED ON THE "WRAY CASTLE.
Hankow is third with TIs. 3,508,000, an increase of Tis. 771,000.
The following increases are worthy of note:-
Yangtsze ports, exclusive of
Hankow KiRochon Swatur Canton
TIB.
1,077,000 419,000 -444,000 290,000
I am delighted to hear from Mr. Wu Ting Fang his condemnation of footbind- ing. I was delighted to hear from some ladies teaching at the West Gate that they never had found mothers binding their children's feet. Dr. Reifsnyder told ne yesterday that she, who sees about 600 a week, thinks no women in the well- to-do, cultured, or middle class bind, but A lady visiting A fatal accident occurred on board the only the beggars now.
West River ports, exclusive among Chinese women in Peking told me
of Canton S.. ray Custle on the 16th inst at sea,
Singapore
the same. But travelling from Haukow on her voyage from
Mengtz When steam was let off from
to Peking I got out to ask at the various Colombo.
After payment of all luan dues there the the boiler in the engine room, the main stations of the men there, and they said
Four firemen that all bound there. In Shantung pipe accidentally burst.
Two others were injured. same.
Dr. Morrison reported the same of will be available, together with the native were killed.
payment of the Indemnity. The repairs are being effected by Messrs. Kansuh when he travelled through there customs, a surplus of Tls. 10,645,000 for Welker, Sons & Co.
to
two years ago.
108,000
116,000
E..
Our method of testing is scientific and accurate. If you do not neut glasses we will tell you Bo. If you do need glasses we can supply and ft them st extremely moderate prices.
MAKE CERTAIN. WE WILL TELL YOU..
CLARK & CO.
SCIENTIFIC OPTIC
YORK BLOGS, CHATER RO
HONGKONG