བ**་
allowed to count towards his pension, His Excellency also referred to tho resignation of Dr. Stewart, and to the appointment of Mr. Tonnochy and Captain Deane to the acting offices of Colonial Secretary and Colonial Treasavor respectively. In alluding to the first appearance of Mr. Belilios at the Council table, His Excellency
remarked that this was the first occa sion during his Government on which four really unofficial members had been present at any metiug. Mr. F. Bulkeley Johnson wished to know. what was the cost of printing private bills in the Government Gazette, as the printer had charged for the Tramway Ordinance the sum of $60), which he considered a gross imposition. He understol the Government Ordinances were printed for $187, and hoped the Governor would protect the public against such charges. His Excellency promised to look into the subject. Jn a rather longthy speech "Mr. Johnson suggested some
alterations
in the management of the meetings of the Legislative Conncil, dwelling especially on the desirability of hav. ing fixed timos for the meetings, also recommeming that notice of the agenda at cach meeting should be sent to hon, mumbers at least two days be. fore each sitting, the same being also supplied to the pross. His Excellency expressed his thanks for these sugges tions, and promised to give the mat. ters his best attention.
In laying before the Council the Colonial Estimates for 1881, the Gov-
|
THE HONGKONG TELEGRAPH-WEDNESDAY, AUGUST 24TMп, 1881.
LATEST COMMERCIAL
INTELLIGENCE. Wednesday, August 24th, 1881.
One o'clock P.M.
Dulness still romains supremo on the Stock Exchango. There were a few, vory fow, Banks sold yesterday at 106 per cont, prominum for cash, and not a single transaction in any othiog stock has been recorded. We would direct attention to the Report of the Directors of the Hongkong and Wham- poa Dock Company, Limited, which wo publish elsewhere. The report
may
be considered a vory satisfactory one, and a net profit of $95,374,54 on
shows a romerative average, We gross earnings totalling $532,191,66 shall have something further to say on this subject in our next issue.
Shares.
Hongkong and Shanghai Banking Corporation Sharos-106 per cent. promium, ex div, Sales. Union Insurance Society of Canton-
$1,075 per share ex dividend. China Traders Insurance Company's Shares-$1,600 per share, ox, div. North China Iusurance Company-Tis.
1,125 por sharo.
Yangtsze Insurance Association-Ts.
820 per share. Chineso Insurance Company, -$305
per share, Buyers.
On Tai Insurance Company, Limited -
Tls. 118 por share. Hongkong Fire Insurance Company
Shares- $995 por
share.
-$285 por share, Sellers. Hongkong & Whampoa Dock Com-
pany's Shares- 48, promium. Hongkong, Canton & Macao Steam
boat Company's Shares-$23 por share premium, Sellers. China Coast Steam Navigation Com-
pany-Ts. 162 por share. Hongkong Gas Company's Shares--
$82 per share, Hongkong Hotel Company's Shares-
$1023 per share, Sellers. China Sugar Refining Company, Li-
mited-$155 por share, Ex. Div. China Sagar Refining Company (De-
boulures) per cent premium. Hongkong lec Company's Shares-
$1274 per share, Sellers. Hongkong & China Bakery Company,
Limited-$43 por sharo. Chinese Imperial Government Loan
of 1878-31 % premium. Chinese Imperial Government Loan
of 1981-31% premium.
Exchange.
3/53
On LONDON,---
Bank Bills, TT, Bank Bills, at 30 days' sight, Bank Bills, at 4 months' sight, Credits, at 4 months' sight, Documentary Bills, at 4
mouths' sight,
38
3/8
3/9
eruor detailed at length, with great elo-China Fire Insurance Compay's Shares quence and displaying his customary statistical ability, the various phases of tho question. We hope to deal ex- haustively with the subject another time, so will merely observe here that the financial condition of the colony in highly prosperous. The Tramway Bill, on the proposition of Mr. F. Bulkeley Johnson, seconded Mr. Ng Choy, was formally road for the first time. Mr. Johnson's explana tion as to why Mr. Ng Choy nÓW SO- conded the proposal instead of heading an opposition tramway schone, as that -worthy councillor had with a rathor wild display of eloquence at a former Council meeting expressed his firm in. tention of doing, sounds plausible enough; but yet it hardly fits in with Mr. Choy's famous declaration, to which we have previously referred. Two amendments slightly altering the stand- ing orders, so as to allow a discussion to take place on the first reading of a Lill if it were considered necessary, and to permit the insertion of a bill in the Gazelle immediately after its intro- duction instead of keeping it over until the following issue, wero adopted on His Excellency's proposal. A motion. of which notice had been given by Mr. Jolson, that certain papers concern. ing the passenger traffic through this colony, should be laid on the table, was brought forward by that gentle- anau, and led to an exhaustive and very important debate on the vexed Chinese Emigration question, to which wo will devote attention by and byo. Speeches were made by Mr. Byrie, the Attorney- General, and His Excellency the Go- vernor, the proposal being eventually agreed to. A Supplementary Appro- priation Bill for 1880 of $20,743, was passed through the various stages, and read a third time. His Excellency an nounced that the Secretary of State had authorised agrant of $2,880 to the widow of the late of Mr. D'Almada. Referring to the payments made in excesss of ostimates, Mr. F. Bulkeley Jolinson, suggested, in commenting on an item of $2,000 for tree planting, that it might be advisable to try the experiment of introducing some trees of commercial value into the colony, such as gutta percha, Mr. Ryrie believed that Mr. Ford was very anxious to introduco treds of this description, and His Excellency also concurred in what Mr. Johnson had said, as he considered that in addition to the sanitary improvement obtained from tree planting, something also commercially might be gained, The Council adjourned until Monday
next.
Captain N, who lately arrived nt Boston, when going up to the wharf, ordered an Irishman to throw over the buoy; and going below a few minutes, ho called to the Irishman, and asked hin if he had thrown the buoy. "No," said he, "I couldn't catch the boy, but I throw over the old cook."
On PARIS,-
301
....4.64 Bank Bills, on demand, Credits, at 4 mouths' sight, ...4.74 On BOMBAY,
Bank, T.T.,
On CALCUTTA,-
Bauk, T.T., Ou SHANGHAL, Bank, T.T.,
Private, 30 days' aight,
221
2214
..... 72
HONGKONG AND WHAMPOA
DOCK COMPANY.
The following is the Report of the Board of Directors of the Ilongkong and Whampoa Dock Company, Limited, to be prosouted at the Ordinary Half- yearly Meeting of Shareholders, to be held at the Offices of the Company, No. 14, Praya, Hongkong, on Monday, the 29th August, 1881, at 3.30 o'clock
p.m. :-
To the Shareholders of the Hong kong and Whampoa Dock Company, Limited.
Gentlemen,--The Directors have now to submit to you thoir Report with a Statement of Accounts for the half- year ending the 30th June last.
The work done in the various Es- tablishments has increased considerably since the acquisition of the Cosmopolitan Dock Company's property; the gross earnings are larger than in any pro vious six monthis, and the Directors trust that the profit realized will be considered satisfactory by tho Share-
holders.
The total receipts for the half-year aro $535,491.66, and the net profit, after paying interest due and all charges (including law expenses) $95,374.54
amounts to
to which has to be added the balance brought for- ward from last account
Hongkong Temperature.
(Takon at Messrs. Falconer & Co.'s Register, Queen's-road).
HONGKONG, 23rd & 28th August.
.20.742 BAROMETER-1 P.M. Do. 4 P.M.
.29.740 THERMOMETER-1 P.
.80. Do.
.77. 4 P...... 1 P.M. (Wet bulb) 77. Do. 4 P.M. Do, 74. BAROMETER-9 A.M.
.29.884 THERMOMETER-9 A.M.
Do.
80. Do. 9 AL. (Wet bulb) 77. Do. Maximum
..80. Da. Minimum (over night)-78.
-A boy in the country stumbled into a wat in a browery, and the local editor oxclaims, "Vat's the utter ?"
"I am happy, Ned, to hear the ro- port that you have sucecoded to a large landed property."
And I am sorry, Tom, to tell you that it is groundless."
An Irishman being asked what ho came to America for, said, "Arrah, by the powers! you may be sure that it wasn't for want, for I had plenty of that at home."
making available for ap propriation
from which has to be de- ducted.
Directors' ces...$3,000,00 Auditors' fees... 250.00
1,489.20
90,863.74
3,250.00
$93,013.74
The Directors recommend, that a dividend of 4 per cent., $50,000, be paid to the Shareholders, a bonus of $10,000 to contributing Shareholders, $10,000 be written off the value of Machinery, Tugs, and Steam Launches, $21,233.22 be placed to Reserve Fund, and the balance, $2,880.52, be carried to new account.
The Capital of the Company has been increased to $1,250,00 by the -issue of 2,000 new Shares of $125 cach, in accordance with the resolution passed at an Extraordinary Mecting of the Shareholders on the 31st December last.
The new Shares have been issued at a premium of 12 per cent., yielding a profit of $30,000, which have been carried to Reservo, and if the appro- priation of $21,253.22 bo sauctioned by the Shareholders, this fund will amount to $80,000.
Since the closing of the account, the Directors have sold the Bolcher's Bay property for £90,000, and the Mac Donald's Slip proporty for $85,000. The Slip at present at Belcher's Bay will be removed to and employed at Kowloon; the MacDonald's Slip has not yet been disposed of.
The Plant and Machinery at all the Establishments are in perfect working order, and the Directors look forwards with confidence to continued prosperity,
H. Horpus, Chairman.
SHIPPING INTELLIGENCE,
ARRIVALS.
August 21, Wycliffe, British steamor,
602, Paul Bernor, Nowchwang 15th August, Boans. Chung Woo, August 24, Cheang Hock Kian, British stoamor, 956, F. Wobb, Penang 11th August, and Singapore 17th, Goneral.-Ban Hin & Co.: August 24, Pelin, British steamer,
|
August 23, Schwin, German brig, 276, T. Schroder, Newchwang 26th July, Beans.--Siemssen & Co. August 23, Hermine, Swedish bark, 289, F. Lunngreen, Keelung 9th August, Coals-Meyer & Co. August 25, Tochow, British steamor, 709, Thos. Clegg, Chinkiang 18th August, Rice, Batterfield and Swire.
August 23, Angor Head, British steamer, 1,299, Alfred Roper, Cardiff 8tb July, and Singapore 16th August, Goals.--Douglas, Lapraik & Co. August 23, Yarra, British bark, 463,
Schutt, Newchwang
7th July, Beans. Captain. August 23, Tarlar, Germau brig, 256, H. Kaomena, Keelung 15th Aug., Coals. Melchors & Co. August 23, Lochiel, British -m schr., 216, D. S. Ewan, Nowchwung 5th August, Goncral.--Wo Hing; August 24, Atalanta, German steamer,
787, Pfaff, Shanghai 20th August, General-Sisinssen & Co. August 24, Thamante, British steamer,
514, R. F. Cullen, Manila 21st August, General--Russell & Co.
3,000. W. D. Audorson, Bombay 2nd July, and, Singapore 17th August, Goneral.-P. & O. S. N.
Co.
August 24, Tamaut, British steamor,
919, J. Whittle, Shanghai 18th August, and Woosung 20th, Gon- ernal-Battorfield & Swire. August 24, Telemachus, British steamer,
1,421, H. Jones, Singapore 5th July, General-Batterfield and Swiro. August 21, Palos, American gunboat,
400, Lieut..Commander, Fraucis M. Green, Shanghai 17th August. August 24, Tientsin, British steamer,
682, Robinson, from Chinkiang, Rico. Butterfield & Swire. August 24, Decina, Gorman steamer,
1,151, L. Poterson, Cardiff 9th July, Coals.-Siemssen & Co.
DEPARTURES.
August 23, Yangisze, British steamer,
for Canton.
August 23, Africa, German steamer,
for Shanghai. August 23, Fochow, British steamer,
for Canton.
August 24, Larch, British steamer, for
Shanghai,
August 21, Tamsui, British steamer,
for Canton.
August 14, Welle, German steamer,
for Hoihow, &c.
PASSENGERS.
ARRIVED.
Per British steamer Foochow, from Chinkiang, 3 Chinose.
Per British 3-m schr., Lochiel, from
Newchwang, Mrs. Ewan and 2 children. Per British atonmor Pekin, from Bombay, &c., 16 Chinese.
Per British stoner Tamsui, from Shangbai, 1 Chineso.
Por British steamer Telemachus, from Singapore, Messrs. Martin, M. Llow- ellyn, Howrozel and wife, and 250 Chi- nese.
Per British steamer Cheong Hock Kian, from Penang, &c., 262 Chinese,
Per British stormer Diamante, from Manila, Messrs. McG. Smith, M. Binzo, S. Vorlette, L. Leopold, J. II. Hall, S. II. Hall, and J. Smith, and two Elu- ropeans and 150 Chinese deck.
SHIPPING REPORTS. The British steamer Tamsui, from Shanghai, reports moderate variable winds with heary swell from South- ward.
The Swidish bark Harming, from Keelung, reports fine and variable weather to the Lamooks, from thence strong N.E, wind and much rain,
The British steater Wycliffe, from Newchwang, reports had strong South- erly and S.W. winds throughout, aud very heavy sea from Furinosa Channel to port.
The British 3-in schr. Lochiel, from Newchwang, reports light variable winds to 20th August, from thence strong N.E. and Easterly gales up to arrival.
The German brig Tartar, from Kee- lung, reports heavy gale from N.N.H., which increased to a typhoon. An- chored on Sunday night at 10 o'clock under Lamma Islands for shelter.
The British steamer Diamante, from Manila, reports had fresh S.W. winds and heavy rain, confused sea through-
ont.
The British steamer Cheang lock Kian, from Penang, &c., reports ex- perienced variable winds and unsettled weather throughout, with a heavy N. E. sea. Anchored in West Lamma Channel-last night at 3 p.m.
The British steamer Pekin, from Bombay and Singapore, reports left Singapore 15th August, with fine woa. ther and light S.W. winds, thence to arrival strong South-west winds, over- cast thick rainy weather, heavy cross sea; barometer 29,60,
T. N. DRISCOLL.
TAILOR, HOSIER, HATTER,
AND
GENERAL OUTFITIER. 45, and 47, QUEEN'S-ROAD,
MacEWEN, FRICKEL & Co. HAVE FOR SALE.
GENERAL STOREKERPORS, &C.
Groceries. hold Stores.
Crosse & Blackwell's, Celebrated House-
John Moir & Sons' Celebrated House- hold Stores.
American Stores of all descriptions. Huntley & Palmer's BISCUITS & CAKES, BUTTER, Danish & French, Philippo
& Canaud's PATES &c..
OHUTNIES & CURRY POWDER, TEYSSONDAU'S
FRUITS in juice.
COFFEE, SUGAR, &c., &c.
Wines, Spirits, &c. CUTLER PALMER & Co.'s "CARTE BLANCHE." HEIDSIC & Co.'s MO- NOPOLE, pts. and qts. ADOLPHE COLLIN'S BOUZY CABINET,
MUMM'S (Jugs) CHAMPAGNE
pts. and qts.
NEYEN'S (BODEN) BOUZY,
pts, and qts.
EXTRA SEC. quarts. Charles Heidsiecks's WHITE' SEAL, pts, and qts. VEUVE CLIQUOT PON- SARDIN, pts. and qts. Theophile Roe- derer & Co.'s VERZÉNAY MÓUSSEUX, pts. and qts.
Krug's CHAMPAGNE, pts, and qts.
OUTLER PALMER & Co.'s. CHAT- EAU MOUTON. LORMONT, pints,
and quarts.
ARAUZAN (Chateau), pints and quarts. ERMITAGE LUDON. THIBŒUF (Chateau), pints and quarts. CHATEAU LAROSE (Ourcier & Adet's),
pints and quarts.
CHATEAU LAFITE, piats and quarts. IRES GRAVES, pinta and quarts. BREAKFAST CLARET, pints & quarts. OLD INVALID OLARET,
St. JULIEN, &c., &c. Breakfast Claret.
Burgundy, Hock, Sherries, &c. Chambertin, Chablis (White), Liebfrau
mileh, Hockheimer, Niersteiner, Stein-
berger Cabinet, Rudesheimer Berg, Koninin Victoria Berg, Chateau Yquem, Grand Vin, Haut Sauterne. Marsala, Saccone's
Pale Dry White Seal Sherry, Yellow Scal Amontilado Sherry, Cutler Palmer and Co.'s Sherry, Invalid Port (1848), Hunt's Port. Brandy, Whisky, Liqueurs, &c. 1, 2 and 3-star Hennessy's Brandy, La Grande Marque Brandy,
Cutler Palmer & Co.'s
Brandy, Rouyer Guillet & Co.'s Brandy, 1 to 4 stars; Finest Old Bourbon Whisky, highly recommended, Kinahan's LL Trish Whisky,
Jamieson's Irish Whisky, Royal Gloadee Whisky, AVII Gin, Swaine, Boord & Co.'s Old Tom Gin; La Grande Chartreuse, Green and Yellow, Maraschino de Zara, Curaçoa pints and quarts; Angostura, Boker's and Orange Bitters, &c., &c., &c.
BASS'S ALE, bottled by Cameron and
Saunders, pints and quarts.. QUINNESS'S STOUT, bottled by E &
J. Burke, piuts and quarts. PILSENER BEER, in quarts. DRAUGHT ALE and PORTER, by
the Gallon.
Fine ALE, bottled by MacEwen, Frickel & Co. ALE and PORTER, in hosgheads"
rated Waters. SODA WATER,
LEMONADE.
TONIC WATER.
SARSAPARILLA,
&c., &o., &c.
The Finest Stocks of CIGARS, CAVITE CHEROOTS, PRINCESA CHEROOTS,
PRINCESA CIGARS, AROCEROS,
VEGUEROS,,
&c.,
&o. "PERFECTION" All Specially Selected. EMPRESS OF INDIA, and Best NAVY.
STATIONERY, BOOKS &o.
"Franklin Square" Library,
Seaside" Library,
Harper's Half-hour Series.
French Novels.
Modical Works.
School Books.
Presentation Books.
Works of reference &c. Stationery for Ladios and Offico use." Direct from the manufacturers the best
and Cheapest in Hongkong. Special orders in this line excuted one
very moderate terms. Papers ruled to any pattern and stampod
Plain, cameo or relief. Dies engraved to order. Office roquisitos
of overy description.
Milner's Fire Proof Safes, Cash and Dood
Boxes, Brushware.
Cutlery, Crookery, and Glasswaro. Builder's. Hardware material, Sporting Gung. Revolvers and Sporting
ammunition.
Sailmaking and Rigging promptly exe-
cuted.