A. S. WATSON & Co. WHOLESALE AND RETAIL DRUGGISTS,
GENERAL CHEMISTS,
AND
Manufacturors of the following AERATED WATERS, viz : SUDA, TONIC, SARSAPARILLA, AND POTASH, LEMONADE, GINGERADY, RASPBERRYADE, AND PHOSPHORIC CHAMPAGNE.
Deliveries in Town and Harbour from 7 AM to 7 P.M. Surps' MediaIUNE CHEFTS BEFITTED, PASSENGER SHIPS SUPPLIED.. Prompt Attention given to Const Ordera.
HONGKONG DISPENSARY.
HONGKONG. SHANGHAI PHARMACY,
ŞHANGHAI. CANTON DISPENSARY,
CANTON. THE VISPENSARY,
POOCHÓW.
Houghong Telegraph.
HONGKONG, 17TH NOVEMBER, 1881.
THE HONGKONG TELEGRAPH-THURSDAY, NOVEMBER 17TH, 1881.
A meeting of United Service Lodge No. 1,841 will be held this evening at 8 o'clock precisely,
We are informed by the Agents that the steamship Belgie, with the Ame- rican mail, left San Francisco for this port, via Yokohama, on the 8th inst.
The resignation of Dr., Eitol as Private Secretary to His Excellency Sir John Pope Ilonnessy, tendered some time since, has at length been accepted.
of sugar is required to tell what | ties, and the public, who are generally must be boiled to make the quality the slaves of rumor, are asked to of the first drawing from the char- believe in speculators having time coal, such as will result in an A1111.bargains to meot, that, with tight The higher the quality of sugar money, will result in forced realiza- wanted out, the higher must be the tion. In this they are mistaken; at quality put in. You cannot take a least, so for as Sugars are concerned. $4 sugar and turn it out with profit Every share that has been bought on, all AĬUI, . To do so, it would re- time will be taken up, the stock quire to be boiled, and re-boiled, and will be wanted, and there will be no that means so much loss in weight. sellers. People, who will not look at It is for refiners to determine whethe shares now, will want to buy ther the cost of the sugar will stand them, and there will occur a strong this loss, or not, and in practice it upward movement, until, when has been found that it will not. shares are again quoted at 100 pro- Therefore some other means are mium, it may occur to some " rook" needed to raise the standard of a $4 that money ought to be made by sugar to the requisite refining touch," "bearing," when all the "pigeons* and these the China Sugar Refining in the place will hurry to sell, and,mont having the political control of the Company possess, while other com-
no one buying, down come values. panies will not, as I shall shortly again, and so history repeats itself. show.
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:
The course pursued by the refinery in old days, and which will have to be followed now by newer concerns,
would be to make the best mixture of sugars from the selection at their command, boil them, and proceed as aforesaid. Now, as any refinery can obtain results equal to those already indicated by a proper selection of sugar, where is the pull the China Sugar Refining Company has over its possible competitors? It is in this.
Turning over some old papers-the other day, we came across the ori ginal prospectus, oirculated at the end of 1871, of a Sugar Refining Co.,
which shows how. little the business was understood in those days. As we suppose it is well nigh a forgot ten document, we reproduce the sa- lient points, which are:-- Estimated yearly import of 190,000
piculs of Raw Sugar at $i ....... $760,000 Cost of refining, &c., 90 cents.
por picul,......
171,000 Estimated nett profit.
159,00
$1,090,000
Estimated outturn 80 por cont.
Refined Sugar 152,000 picula...$1,064,000 26,600 $1,000,000
40 per cent. Molaanes 26,600 piculs
As it seems to have become rather the fashion lately to decry Hong- kong commercial undertakings, and as we have interested ourselves to some extent with such matters, we now venture to remark that there is
It will be observed that a certain a company in our midst, which we think, will not lose, but gain, by standard of quality is required before opposition. We allude to the China the sugar is put through the cleansing Sugar Refining Company, Limited. process (that is the charcoal); to ob- We are not sugar boilers, nor have tain the standard required from the
centrifugals (that is the white sugar) This must be accepted as loaded we any knowledge of sugar refining, other than may be acquired by hear and there are but two ways of at- with the exaggeration seemingly in- say and a walk over the company's taining this, one by the boiling pro- separable from sketches of this sort. premises at Wanchai and East Point; cess, the other by the Wenrich. For to begin with, the cost of raw but the little we know is probably a Boiling is more or less costly; the sugar averages much more than great deal more than nine-tenths of Wenrich process, that at work in $4 per picul, and to end with, the the company's shareholders ever Swatow, and at Wanchai, is simple value of refined sugar is certainly care to make themselves acquainted and inexpensive, a patent moreover more than $7. If you ask, you will with. These nine-tenths possibly secured by the China Sugar Refining probably be told about $9 A1111, $8 think that all to be done is to pass Company, by which they obtain A111, $7A11, while only the very raw sugar in at one end of the works, their refining qualities at a very much lowest sugar can be bought at $4, less cost than they could without the different sorts that are used in and bring it out at the other, as an A1111 or a B1, as desired. We may it, and they thus work with this refining costing up to $7 per picul. also have thought so at one time; advantage over competitors that their The report of the China Sugar
raw material stands them in so much Refining Co. for 1878, is made up. but that is not to the point.
The China Sugar Refining Com- cheaper.
We do not know how differently to those of succeeding pany has seen its ups and downs, as much, for that at present is their years, but even with its help, and has many another eventually equally secret. Where the China Sugar Re- that of the 1871 prospectus, we can- successful undertaking. Started by fining Co. will benefit by opposition not dissect the profit on the work men who had everything of the busi- is not in refining, but in supplying ing, or the quantity worked, entire ness to learn, some big blunders were that opposition, by farming out its ly to our satisfaction. Such results, a nccessary consequence; so big in, patent rights at so much per picul however, as we arrive at, may be fact, that with a limited command on the quantity of sugar produced, worthy of some consideration. of capital they brought the original or; if it does not care to do that, by promoters to grief. There was how- adding to its establishment for each ever, a fund of resolution and energy new rival, and supplying them with in one, who undeterred by this first material to keep their works going: failure, immediately courted a se- cond, and met it! Unremunerative to himself, his ventures have never theless proved wonderfully remune. rative to Hongkong investors in the past, and will probably turn out still more so in the future, as we shall presently endeavour to show.
A telegram, dated Vashington, 25th Oct., anys a circular of the Se- cretary of Stato has been issued, which
insists on the United States Govern-
Pan Canal; any European intrusion will be regarded as unfriendly.
The latest advices from Amoy de- scribe the position of the steamer being discharged as rapidly as cironm. Pakhi as unaltered. The cargo is
stances will admit, but as it can only be worked on the obb tide, it had not been all got out on the 15th instant.
The Helen Marion stabbing case was again brought up at the Folice Court yesterday before Dr. Stewart, when John Perry was formerly charged with the murder of Thomas Findlay. The prisoner, deciding to reserve his de. fence, was formally committed for trial upon the capital charge.
Another beautiful morning at the hilués, and very few ponies present. race course, but only the regular ha- Mr. Grammont's griffins were trotted round, and a few ponies wore walking
about in the enclosure, this comprising the morning's work. We expect to sea training commence in earnest about the beginning of next week.
CRICKET, HONGKONG C. C. V. ROYAL INNISKILLING FUSILIERS,
This animal match was commenced on Tuesday afternoon on a rather dead wicket. The soldiers were lucky enough to get the first innings, Hayne and Stainforth assuming the defensive. against the deliveries of Travers and Darby. The innings was only note Hutchinson, and Stainforth who scored, worthy for the batting of Charley, 43, 20, and 1 respectively, the first named batsinan's performance being a very creditable display, considering the state of the ground. The innings closed for the small total of 96 runs. The bowling honours were divided be tween Darby and Hynes who were credited with five wickets each. The Club commenced their first innings with Carpenter and Dunman, to the bowling of Charley and Bennett, and so well wore these trundlers on the spot, that ran getting was exceedingly diffenlt. Danman fell a victim to a
after scoring four only, and then Char- catch by Armitage off the slow bowler ley's expresses accounted for Travers, Blandy, and Newcombe, the former with nine to his credit, the two others failing to score. Hynes, Carpenter, Darby, and Newington all got into double figures, the last named 24, not out, being the highest score on his sido. The innings oventually closed for 101, only five ahead of their opponents. In their second essay the Fusiliers could do nothing against the deliveries of Hynes and Travers, Bennett being the only one who could get into double figures, the innings closing for 54. had a certainty in band, and after With only 50 to get to win the Club Newington had fallen to a catch by Radcliffe off Charley for 7, Blandy and
Newcombe, the two "ducke" of the first innings, quickly hit off the re- quired number of runs, the Club thus proving victorious by nine wickets, Full score is appended ;-
FIRST INNINGS.
ROYAL INNISKILLING FUSILIERS.
1b Travers
Llout. Mayne, b Darby Capt. Stainforth, o Hynes, b
Darby
Corpl. Hutchinson, a Whyte,
b Darby
GECOND INNINGS.
11 a Newcombe, b Hynca......
A Bumbay Gazette special telegram says that preparations are being inade to renew the war in the Transvaal. Oar forces are preparing to advance, con- sisting of the 16th, 30th, 92nd, and 15th Hussars and nine guns. 97th Regiments, the 6th Dargoons, Evelyn Wood is daily expected at Mount Licat. Lawford, & Hynes.... 3 b Travers..... Prospect. The ambulanco has left Durban and Maritzburg, and stores
Sir
aro being sout up. The Convention
is not signed, and fighting is expected.
Idout, Charley, o Travers, b
Hynes......... ***** 43 at Dunman, b Hynes...... Lient, Young, b Darby 1 b Hynes Lieut. Bonnott, b Hynes
Lioat, Radella, b Hynes ...... Major Taylor, o Travors, b
Darby Lieut. Davidson, not out......
Lieut. Armitage, t Hynes ...
b3, wu, n bi
Lieut.
00
2 Hynes,
Darby...... 2 b Hynss.....
3 run out
1 o Newcombe, b Hynes..... o not out.....bigcons b,lbl, ab 3
HONGKONG CRICKET OLUB.
Carpenter, I.N., o
FIRST INNINGS,
Hynes, b Bennett............
Mfr. W. Dunman, Armitage,
Bennett
The ways of Chinese housebreakers are quite incomprehensible. One would imagine that a stable containing no. thing but a few ponies, with a quantity of oats, brau, and barley, and the usual stable fittings, and appliances, would be the last crib" in the world a sen sible burglar would attempt to tackle. Such, however, has not been our per- sonal experience. We rent a stable on the Robinson Road, and on our return from a visit to Macao a few months back we found that during our absence, some enterprising pilferers Mr. Hynes, run out........
had effected an entrance into the build-
ing, by removing a portion of the roof, and got clear off with their plunder,
15
BECOND INNINGS,
Mr. A. K. Travors, b Charley Mr. A. E. Blandy, b Charley 0 not out Mr. 8. Newcombe, b Charley 0 not org. Mr. W. Hynes, b Bennett... 18 Mr. . F. Whýto, run out.... Mr. J. Boll Irving, b Charley .2 Lieutenant F. A. Newington,
R.M.L.L.; not oab ..... 24
Mr. W. H. F. Darby, thrown -out Bennett
Ibe, wi
-Totál
10
........101
Radcliffe, b Charles...
b2.........
Tor
The report for 1878 shows a gross profit on 10 months working of $209,520, and expenses of $142,992. What the gross profits, and what the It is simply a question of cost, and expenses, in succeeding years were, if opposing companies find, as they we are not told, because the feeling will, that they can obtain more suit amongst shareholders has been, dis- able and cheaper sugars from the guise profits as much as possible, China Sugar Refinery, than they can and stave off opposition. If we take by boiling, such considerations as the working expenses, as eet down working for the benefit of a rival, are in the original prospectus of 1871, not likely to stand between them and
say 90 cents per picul, we may con- a profit; more reasonably may they clude that daring the 10 months of be expected to seek its good offices; 1878, about 160,000 piculs were re-consisting of an old quarter sheet,
Another case of a shipwrecked ship-` and work in barmony with it. People fined, with a nett profit on refining valued at about half a dollar. As there master being weighed in the balance have probably not given a thought of about 40 cents a picul. 1880 was
were half a dozen mafoos in the stable, and found wanting, bas just been made to the great future in store for the a good year, inasmuch as it was ge- with a ferocious. half-bred Spanish puolic, through action which was China Sugar Refining Co., when rerally rumored that the refinery bloodhound almost as big as a donkey, it heard by Mr.ustice Russell in the Hongkong shall be studded with made $40,000 on its contracts of was rather difficult to swallow the bur- Summary Jurisdiction Court yesterday. similar industries, and the parent raw sugar, and accepting this as glorious attempt as decribed by the ma. Captain Sarryer, late of the American establishment commands a gigantic probable, since the profit was great, foos. And yet the fifty cents of horse ship New Era, lost near Manila recently, business from the needs of newer and the Refinery not up to its pre- clothing abstracted was a puzzler. The adopted the novel expedient of paying. concerne.
sent full working power, we may police were consulted, but nothing the wages-of-his-shipwrecked-crew-by Investors held off, shrewedly ima- take from 275,000 to 300,000 piculs resulted from their investigations, so anding them orders on the owners of gining that speculators little troubled as the quantity refined. 1881 was
we hat the roof repaired, and bad well | the ship in Boston, the orders to be: themselves to penetrate much, below not a year, in which profits on the nigh forgotten the mysterious occur-paid on demand on that city. Natur the surface, and as opposition usually raw material were spoken of, and another attempt was made to enter the unsatisfactory mode of settling ac
ence. However, on Tuesday night last ally enough the meu objected to this brings disaster in its train, they were with the extensions at East Point stable, the burglars actually reinovin onunts, and application was made to content to add to its perplexities by completed, the working power of
ก portion of the wall of the building at Colonel Mosby, United States Consul prolonging the strain. When it be the company would be largely in the expense of a considerable amount at this port. The Colonel considering came apparent that sugars would creased, so that we may accept of labour and porseverance. As the that the men had a real grievenco, not go below 50% premium, they nearly 500,000 piculs as the wall is about three feet thick the enter. wrote to Captain Sawyer requesting acted, and the immediate result was quantity refined. This year theprising housebreakers had a much him to call at the Consulate so as fo that no shares were to be had under subsidiary establishments at Wan- harder job than they anticipated, and arrange some satisfactory settlement 55. We have in our commercial chai and Swatow should contribute although a hole large enough to admit with his late araw; but that eminently
A refinery is a big establishment, and you may not take two or three hundred piculs of this, and two or three hundred piculs of that, and pass them through the process sepa- rately. Steam power is not to be fed by instalments; so long as machi- nery is driven, it must be supplied, and it must be constantly driven and constantly supplied, to make it pay. The process of sugar refining is simply this. The sugar is boiled drained through animal charcoal, and passed into the centrifugals. The first drawings from the charcoal give the whitest sugar. When a change is noticed, it is shut off from the first drawing, and run into separate re- ceivers.. This second drawing will not give so white a sugar as the first. But the more sugar drained through the charcoal, the more exhausted the charcoal becomes, and you have third and oven fourth changes in the draw column chronicled the business done their quota, and although they do a man was almost carried through, respectable worthy disputed the Con ings, which must be treated in the in September and October, and a not add to the outturn of refined one large stone apparently defied all | sul's jurisdiction and declined to come as the first and second, fresh move is likely to occur this sugar, they reduce its cost by prosequently had to retire unrecompensed and Captain Sawyer had the satisfac- their efforts to remove, and they con- to terms. The law was then invoked, that is, when the change observed, month. We imagine that some ducing better and cheaper refining
tion of being compelled not only to it must be passed into separate re- 2,500 shares have changed hands qualities than in previous years, we ceivers. The sugar is then led into since September, a large portion of should look this year for a margin
pay the men their wages, but the cost of the whole proceedings. If the late the centrifugals, from whence your which represents solid investment. of 50 cents a picul, against 40 cents
commandors of the Bolton Abbey, first drawing emerges an A1111, your The stock has fluctuated we admit, in previous years, sny a nett gain of
Geraldine Paget, and New Era are to be second an Alll, and so on. The but the cause is not far to seek $245,000 to $250,000, against one
taken as a fair specimen of shipmasters, charcoal is removed to the kilns, and People who should know, credit cer- of $198,425 in 1880, one of $159,600
sailora must have an agreeable time of refired for further use. All this seems tain well known speculators with an in 1879, and a relative $80,000 in
it both afloat and asliore. Happily, rery simple; but then a knowledge intention of depressing all securi 1878.
However, such is not the caso.
same manner
for their arduous exertions: Our staff and the big dog more than usually sa of inafoos is rather large at present, vage, so that even had the aspiring imitators of Jack Sheppard effected on entrance safely, it is extremely doubt ful if they would have succeeded in getting out so easily unless there had heon a regiment of them.