*
•
30.
1 do not
THE HONGKONG TELEGRAPH, MONDAY, JULY 8, 1889.
Ho-deposited his
I told him he
actually know how many shares Perry had I did not know that he held one. I believe he had 165 shares. He sail he had 500 and 600 Plaintiff did not hear from ine about my proposed agreement with Perry, I may have men. tioned it to him but I cannot say, tok the management of my brother's shares hot the end of March, Lafid not tell plaintiff that I had done so. The sile of 25 shares though Stokes and Young at $175 was about June 20th. The sale through Cohen was on May 19th I have beard of a sale by Cohen and Gente at the end of March at $110. Think Joseph Ezekiel transacted some dealings at $200 at about the same time. When I nevised Grimble to hold the 500 shares He was a great friend of mine. There was an understanding between us that he would let nie know about his shares. I advised him as a fiend, I deny that I was a party to a confederacy as mentioned in Sec. 7 of the answer in this case; I do not know of the existence of any such con- federacy, I neverheard of any such confederacy except in the allegations in the answer.
Re-examined by Mr. Francis:-When I told Mr. Whitehead that I could bring in other shares as referring to my brother's and to those of other persons and with a view to making an agreement with Mr. Ferry. If I had got the money I should have used it myself. The other persons were Mr. More and Mr. Duer. 1 had not consulted them on the subject of the advance, They were willing to leave me to do as I pleased. I never proposed to finance Grimble's shares. I too. I de not think that anything was said to Mr Whitehead to lead him to suppose that plaintiff and I were acting jointly. I offered further security. This may have led him to think so.
to
CATLY
that no bonas should have been declared on the plenums contributed for 1883, there is every reason, in the true interests of the Company, to approve the cautious action of the directors, and to anticipate from it a material access to the Company's resources, and influence.--Fairplay.
THE HANKOW TEA MARKET,
The tea settlements on the 26th Juno were as follows:-
English Dayers, Russian Buyen, Totala,
Chiasts.
Crests
between the Chinamen from Swatow and these from Amoy, which resulted in the deaths of several of the rioters, and also it is saul ut one or two onlookers. Some of the rioters were armed with long bamboo poles sharpened at the end, and it is said shod with iron, others had firearms. The fighting was very keen, and it may be imagined there were à good many killed and wounded. Some police came down, ́ but could do nothing, and the riot was only stopped by the darkness. It was resumed, however, next morning and continued all Thursday, the traffic, on the road being completely stopped. On Fri day morning the military were called out, and n large body of troops, both cavalry and infantry, was sent down to the scene of the disturbance, and quickly put a stop to the rioting. fi is a pity this step was not taken sooner. We hear
7,893. 13,362 Shipments to Shanghai, 1,710 ),chests. Prices. that about Sor 10bithe rioters were killed during the two days the disturbance continued, and a paid: great many others wounded. It is really time Danfa.... that the police were reorganised and placed in a Wenkai condition to cope with these disturbers of the peace.
Hanków tea................. Kukiang tea
..4.730
4.983 9.713
739
2,910 3,649
5,459
2.
chops)...Tis. 8 50 @ 11.00",
48.00 9.50
#
ן!
Ju's 19 9.25
John is 10.50
10.00 10.75 15.25
Tsangyong Shantam Later News.
Taoyuen Yesterday morning a squadron of 'Cavalry Paskong....... under Captain Castenskiold, a detachment of Yanglaotsze......(4
Õ་“༔ །་ Infantry under Captain Schow, and last but Yanglaotung (2 not least, the marine under Commandore A. rie Changsaokys...(3
**** H 16 00 Richelleu appeared on the scene of the riots; a Niagchow...(10) ... 12.75 » lively fusilade took place, and a good many On June 27in the settlements were :- Chinamen were killed and wounded, but it must
English Bayers, Russian Hayers Totals. besaid that the Siamese soldiers acted humanely,,
-Cheats,
Mr. E. I. Gould, the British Chargé d'Affaires, accompanied by Mr. French, the Acting Consul, and several officials of the British Legation, was on the scene of action and gave permission where the houses of British subjects had to be searched. Owing to some réfjucats addressed to the German Legation having been, written in Siamese, some delay occurred before searching Messrs.. A. Makwald & Co.'s Mul.
It is to be hoped that now the Siamese have shown themselves to be masters in their own. country, they will keep the upper hand of the Chinese and not permit anything of the kind to occur.again.
The ribs will cause heavy loss to the steam ship lines to Singapore and Hongkong. The steamer Hecate, which should have left yester. day, is not yet discharged; the Hecula has hren here since Thursday, and to-morrow the Hydra is expected.
We hear that all the prisoners, numbering between thirty and forty, taken during the last riots some four months ago, were released after paying each 3 catties as a fine. We hope, akhough we are no friends of capital punish- rent, that the blood especially of innocent passers-by that has been shed on this occasion will not be avenged by mere mancy payments. We hope at least to see the rattan freely used upon the Go now.captured, as a warning to themselves and other members of the secret
ancictica.
· SINGAPORE INSURANCE COM-
PANY, LIMITED.
17
12.00 15.70 16.50
11. 19:00. 23.00
Chesu
3,465 6,074
963 1,139
' |
7,2137
2,780 4.433 Shipments to Shanghai, 1,155 I-chests. Prices paid- Changsaokye (5 chops)...Tis. 14.00 10.00 Yanglaotung (4 Oanfa Pingkong (2 Tsingpoo (3 Ningchow.....s
21
12:00 14.80
12
J... '2
14.50
J. 19
8.25
J
£2.00 13.50 23.50,, 25.50
* 2 15 On June 28th the settlements were:-
English Ruyers. Russian Buyers. Totals,
1-Chasi
Hankow Teal ......9.334 Kiukiang Teas ..............1,048
#
4420
13.751 1,399 2,446
10,3"9 5,818 15,197 Shipments to Shanghai, 658 j-chests. Prices paid- Changsaokye... chops)...Tls. 13.00 @ 19.00 Kaochao....(ra 1 Cheesan.......
Yanglantung....(3 Pingkong (4 Shalsi......(3 Tsungyong Taoyuen...... Tungsan..... Ningchow.
15 2014 15
1+
11
זן.
13.00 14.00
11.80 11.25 14.00 800.12.25
8.00 1
9.00
10.50.17.50
12.00
14.00
17.00 - 23.50 ·
TOO MANY WIVES..
There is a screw loose in Turkey. Some plot or other has been discovered and the consequences are being seen in a number of mysterious arrests and in wholesale measured of punishment against the press. The Times has been three times confiscated within a month and the Daily Chronicle has been interdicted altogether. The fact appears to be that a serious patace con- spiracy for deposing the Sultan was detected in the very nick of time. The Sultan was so unnerved by the discovery that he sent for Sir William White and asked for his advice. Sir William answered that the Sultan could only live, in
At this point the Attorney General called bad increased my own halting of shares by
but on the 16th ultime the disturbances, which eventually led on to the riot, commenced, and attention to the fact that a witness for the other about 10 shares in possession held in my own right. I therefore had about shares in
gradually assumed larger dimensions until the side was in Court-Mr. F. Grimble, and after
39% my possession then, I had also contracted to buy
night of the 18th, when the two bodies met, and, some argument he was desired to withdraw.
about 1,csa for delivery at the end of March.
after a sharp bout, during which firearms were Plaintiff continued:-1 had an advance on
freely used, they again dispersed. This was It was This includes the 700 shares contracted for in the shares when I bought them.
practically the beginning of the rioting. Messrs. had therefore not on the joint application of myself and the beginning of January and
increased the number which I stool to receive
Windsor, Rose & Co.'s mill is situated in the Mr. Shewan. He met me in the street.
by about 300 during the month of January
centre of the other companies. On the one side they have the Borneo Co.'s mill, and whilst going on the same errand. remember that it was a joint application, I am On the 31st March I actually held-about goo
on the other the mills belonging to Messrs. shares. That was on my own account and.
Markwald and three Chinese. In the front certain it was not, notwithstanding what Mr. Shewan and Mr. Whichend might say to the for the friends I have mentioned. I had sold
therease the godown, wharf and river, boyt 400 between the end of January and the
while at the back is the main road, so that it contrary. Before we went to the Bank there had been no agreement between us as to holding Rope end of March. At the end of March I had
may be seen that Messrs, Windsor, Rose & Co.'s. a contract for 30 shares for rielivery in April shares. He said one day the Company was
coolics, or the No. 1 society, had to contend against two distinct forces. Early on the following doing very well, and advised me not to sell for Mr. Yockney but I never got them. I and hall interest in so shares purchased by my them. Thus might have been some weeks before.
morning the coolies of No. I society, instead of He never suggested an agreement with Mr. brother William for the end of lune. Just before
returning to their ordinary routine duty, occupied Perry and others not to sell. He led me the settling day at the end of March I don't
themselves by erecting two blockades across the main road, one at each end of the mill. The to suppose he had a good reason for expecting I think I and in take up more than 1000 shares 'nar more than 45 to deliver. The 400 were
blockades consisted of old sucks and gunny bags should get a good price if I held on. He said
supported by ropes stretched across the road nothing about short sellers, but simply said the mostly for brokers who did not disclose then Company was doing well. It was only a casual principals. I had dealings with almost every
about four or five feet from the ground, having on each side baskets and other ha- dy materials remark, but it might have influenced my apera broker in the Colony. 1 dl not deal exclusively tions. I never entered into any agreement not to with Joseph and Fredericks. I do not recollect sell before such a date or below such a price. He advising suy one during January, Febuary and
The No. a society also blocked the traffic a little lower down the road. A little shooting was all March to buy shares, but I may have expres ed
that transpired, that day. About 5 'lock on led me to believe that there was some agreement between large holders that they were not to sell. the opinion that they would be a good investment
the following morning the occupants of about It was not before I went to the bank that day. owing to the rise in berp. I remember a sale
150 cargo boats that were lying by the side of He asked me not to sell, or at any rate to give to Mr. Potts, the plaintiff, of 100 shares at $150.
the steamship Hecate, near Messrs. Windsor, him the refusal if 1 wished to. I gave him That sale was made by me to brukers for the
Rose and Company's wharf, at a given signal concern for an undisclosed principial, but
nie en mosie and clambered on the Hecate's permission to take thein at $176, without any restriction as to it being alter the 31st March. when they brought me the contract plaintiff's
name was inserted as purchaser. When I made very likely thought that Mr. Potts would jain in i decks. Each coolic was armed with some sort of and no unnecessary blondshed took place. Abɔal ¦ Hankow tea .........2,609 Mr. Shewan did not recommend me to buy the shares from Mr. Tomes. I have not repaid Mr. the bargain I did not know that plaintiff was the
wed the; e perer phony, strideft, arodoren, six hundredt hinese were exptured at the different Raw 2.609 and their peremptory storming of the Hecate, to Rice Mills and tied together in pairs, with their the no small consternation of the captain and pigtails which came in very hardy for the purpose. Wotton's loan; I am paying 7 per cent, an it purchaser. That sale was made through Messrs. I did not give Mr. Shewan the management of Joseph and Fredericks. From the end of March my shares; I simply fixed a price. I promised up to the 8th April when this ction began there
officers, was with the object of annihilating their About 400 guns, revnivers and spears were seized. opponents whom they thought were working on Numbers of the rioters were caught in the water was one transaction. Joseph and Fredericks not to sell, on my part, without consulting blm.
Waller H. Young said :-I amn sharebroker, board. On being informed to the contrary, they tanks of the steamer Hecate, in her coal hunkers, I have not the faintest idea how many shares he sold for me as my brokers, 400 shares on or Held; I never heard any more than that he was about April 2nd at $1.6 for cash. Afterwards in partnership with Mr. F. Stokes. We sold left for the shore, and getting behind their forti- and in the funnel, and some were caught fications on the main road, opened the attack bundled up in small baskets and among pigs buying. 1 never heard that at the beginning ofthe they told me that the buyer could not provide Rope shares on the roth January from Mr. year he held over a thousand shares. I can't say the money promptly and at their proposal Rustonice to Mr. Potts. The settling day was upon No, a society with a volley from the fire-fodder with only the mouth and nose above the
surface. extended the time to April 6h. They sold by March 30th. We make a weekly shate-listams, and a shower of stones and other missiles. that our arrangement was in the nature of a
Several times during the day the belligerents, conspiracy or confederacy to raise the price of my authority. The purchaser was the defen- showing the quotations and operations on the
I knew all along who the purchaser market. 1 make this up from our own trans. numbering altogether about five thousand, came the shares; I should say it was perfectly dant.
to close quarters, when the spears and tridents was. I did not instruct Joseph and Fredericks actions, and then ask the other brokers and the legitimate. I won't say I haven't bad a
were used with terrible effect, numbers being big operators. On the 30th March, Face, Ropes Conversation with Mr. Grimble, and told to conceal my name As it was.a cash transac
killed on the spot. while the many wounded him "Ropes were good." He might think tion it was necessary to disclose my name. are quoted at $200,"nominal" We had a I had special opportunities of knowing, as the received a sold note that is a memandum from transaction on the 2nd March for the end of the managed to escape and get their injuries attended to. The coolics fought more like demons than I think i have month, 25 shares at $170. That is the only one under-writer, I do not know any principal who Messrs. Joseph ard Fredericks.
in March. On the 6th February we sold human beings, they were all more or less under would pay $zoo or $120 for Ropes; brokers got it. I had some shares on joint account with
He bought think too shares on 50 shares for delivery at the end of March the influence of drink, their barbarity being quoted them to me at that, but did not offer. The Grimble.
behold. Several times during reason I have not sold is not that I could not get joint account with me. It might have been 125.
af Sto. On the 7th, 50 Ropes, for end of simply hideous
the conflict, after felling a victim, three or I do not know when it was. it might have March, $105. Dr. Noble sold the shares on the it from any brokers. I did not sell, although I
four coolies would dig their spears and tri- should have dene so before the report came been before January, They were for delivery 2nd March, Mr. Ewens purchasing. On the
dents into the wounded man; and while life's out. I do not recollect what I said to Mr. on 31st March. I bau ht the same number on
20th June we did 35 shares at $170 for delivery
blood was still running, they held the body aloft we eich hold Whitehead on the rath February; I asked him joint account with in so
on the 30th, and an-ther 25 al $175, for delivery
on their spear points, demoniacally grinning the our own. bought later when the shares were
on the same date. They were for Mr. Ewens. for $100 on 420 shares. Mr. Shewan said some
By Mr. Francis:In our she list "nominal" while showing the fearful lot that might befall thing, I think, about an advance on a thousand higher so he received something from me, but shares. I do not recollect him saying be could I do not know what. I had no transactions
means there is no business doing I approximate others who fell into their clutches. This occurred on one or two occasions, and goes to prove the the figures. Sometimes I don't hear of tran- bring my shares and others in; he could not have with Tomes. I had none with Alexander Duer.
excited state of mind in which the combatants Mr. Ewens' 'purchases were made sactions. done so. I did not say I could give a good He came to me for financial assistance to take
were. Although these fearful crimes were being The out previous contracts, name as security; he might have done up some of them. This was in respect of about
en committed, it must be said that the conflict was of 25 at $150 parties to the sale The whole thing passed out of my 1so shares. I think Duer had 175-shares. I
the 12th February for delivery at the end of confined to the members of the two societies. mind as soon as I got my advance; assisted Duer financially. had my shares taken up, and fell quite comfort shares with me. I had none of Grimble's shares June were. Mr. Van Buren and Mr. R. Several Europeans were in the vicinity, but at Shewan. We have no other transaction with, present we have heard of no assault upon any able and happy.. The loss I have sustained is deposited with me. I had no transactions with
one. The battle continued all that day. During or on behalf of Mr. Van Buren, on our $5,000. I have lost money in loss of interest. Mr. Watson. I have heard that he had 25 or 50 I don't say I could have sold these shares if 1 shares. I had several joint transactions with books. The quotation of Seza minimum and the evening it got wind that the coolies intended had had them; i might have. I had to deliver the plaintiff to the extent perhaps of 50 or 100 $1631 max tnum for the week ending 6th firing Messrs. Windsor, Rose & Co.'s mill. The fifty of my own shares in their stead, and lost on shares. I gave him no financial assistance. Aprit was obtained in the usual way I do manager's call for assi-tance brought forward them. I did not know how many shares Mr. Grimble did not consult me as to sale of shares.
not know where I got them, or who conducted the Chief Engineer of the Hetate, and some of the Engineers and Officers from the two Red Duer had; he might have a hundred. I do not I advised him rot to sell. This was some time the transactions. The figures have in Funac boats lying in the harbour, so that alto know of his having any agreement with Mr. in January. I do not know that in consequence of tical meaning, when no business is doing gether a team of thirteen Europeans mustered
For the week ending the 23rd March the quo- Shewan. Mr. Watson might have had some or my advice he changed his course of action. I
at the mill, while seven guarded the godown. not. I did not know if Mr. Grimble had any heard that he had arranged to sell some of these
tations ranged from $120 to $200. I do not
Those who had not firearms of their own, know how they came to change to. Rumour shares when I advised him to hold on. I might shares and I advised him not to do so.. I think
were provided with them by the Engineer o this was in January I think the transaction
said there was a "corner," but I did not know have said what 1 did, even if he had not any. 1
for certain. Our firm does its share of business, the mill, The Hecate was lying alongside the did not advise everyone with whom I spoke about related to about 400 shares.
wharf near the mill where the fighting was Ropes to hold on; rather the contrary, I said they would do much better not to sell. I will not swear
but we are hot much in Ropes, and although we
going on, and the Captain and Officers were had better Look out." I told one gentleman- to the date. I only advised him once. I did not
did not do much business still it might have been
rallier alarmed lest the mob should rush, and We shall not be suspected of any particular Mr. Yockney, I think-I never gave advice on advise any one else to the same effect. My
done. I don't know the reason why the quotations attempt to set fire to the ship. Steam was got partiality for the Bonus system; but we are hound shares. When I said "Look out" I meant they shares were in banks and in friends' hands. I should have risen in one week from 20 to $200;
to say we think more favourably of the Bonus must be careful and not be let in. I did hear a never had more than goo shares on deposit the Company was said to be doing well. I don't up in the boilers, a hose was attached to the
( I had heard from plain know that it was the result of a
pump, a strict walch kept, and every precaution Companies that do not pay bonuses than of general rumour in February that Mr. Shewan at one time. held most of the shares. I knew there had been tiff that his greatest holding was from 500 beyend umnurs i have no knowledge.. I did was taken in case of emergency. The coolies those which do. This youngest of the Eastern made one or two attempts to get at the mill. Offices, though working on the bounty lines,. a quarrel between Mr. Grimble and Mr. Shewan to 600 shares.. I met him in the street as I was hear that Mr. Shewan brought largely-200 or
Once they sent a bundle of burning substance has had sufficient penetration and hardness of because the former had said shares after giving going to the Chartered Bank. I was applying 300 shares on, one occasion,
head to resist, at a period when its transactions. the latter the refusal of, them. I never heard for advances on my shares and I think plaintiff ending 25th February and the 3rd March the dangerously close, but the stuff was soon extin-
guished. The Europeans did not know one are limited, the temptation to declare what is that Mr. Grimble had been stopped from carrying was doing the same. I think it was in January, business was nominal. I cannot say where I go society man from another, so they kept all at sirtually a bait to insurers, Commencing is out the contract. He frequently came to tiffin but it is difficult for me to say. Perhaps we
my information as to the transactions but I do with us, but always denied that he had any applied jointly for a joint loan on our shares. 1 not hesitate to say that it was authentic. I have bay, refusing to allow a single Chinaman to pass operations in this spirit, and preferring to build Ropes. I neither believed nor disbelieved him do not remember authorising plaintiff to apply to been told that busia ss has been done in the premises. One individual made a single-up a reserve of its own rather than to create a handed attempt to get into the mill, Kut half an reserve-Hof its own-in other people's pockets, -how was 1 to know? I was at the office on the Hongkong and Shanghai Bank for an
May and June. Transactions in January were numerous. We sold 5 on the 8th, at $80; inch of cold ste into the muscle of his right the Company may possibly come to see the the 30th, but probably I left early before advance on my shares. He knew I wanted one.
arm had the desired effect of making him clear.desirability of maintaining so common-sense a defendant's circular came. I must have got it, if There was no joint advance nor was there any 16th, several fifties at $91, for end of March.
Barring these little items, there were not any policy. We called attention a week or so ago it came on the Friday. Speaking as a man of advance to me individually at that time by the don't recollect whether I had a commission to
to the fact that as regards the London Agency, business, I did not know that there was a Hongkong and Shanghai Bank. My brother buy shares in March, but I had in May. I found efforts to fire the mill, so the next morning the
arms were delivered up, and the little band of which is, in the hands of Messrs. Adamson, #corner" in Ropes in March-at least I did not wanted financial assistance also. There was no they could be got for $176, from Mr. Shewan. I know when bought the shares. Common joint arrangement between me and my brother knew that Mr. Shewan as said to hold them: 1 defenders repaired to their respective ships. About Gilfillan & Co., the Company had so far bad but rumour said there was, and sce. there was, or plaintiff as to financial assistance. They made don'trecollect whoelse. I did not know that Messrs. 9 o'clock that morning, while the coolies were little opportunity of getting a share of the best business, their offices in Billiter-avenue being too since the defendant did not fulfil the contract. their own arrangements; so did I. There was an Potts, Grimble. Duer, or Watson had any. Mr. fighting as viciously as ever, about fifly mounted
cavalry men and nearly one thousand foot soldiers far away from Lloyd's to make it worth the The shares could not have been held by half a agreement prepared between myself and Mr. Shewan was looked upon as commanding a
catne upon the scene. After being drawn up, while of brokers and others to offer any dozen men. Mr. Shewan certainly beld 1,roo, I Perry to the effect that we would not sell shares fair number, but I don't recollect that he was
the order to "charge" was given to the cavalry. risks except those on which other Companies held 820. Mr. Perry Gon, Mr. Grimble 400, and except at a certain price. This was not long comering the market. I remember getting a
In the rush to get away, about fifteen men were already full, or for which those Companies 10.on. The brokers said there was a "ring," before March 31st. It was not in January, 1 do
memo, from him, fixing the quotation at $176, but I did not believe them. I did not hold on not know how many shares Mr. Perry had. He
I don't recollect Mr. Denison wanting so shares.
were unhorsed, but those who stuck on, with asked a higher rate. All this is changed their long swords created a sheol among the by the transfer of the Company's offices to 78. because of the ring. I had paid long prices, and gave me to understand that he had 500 to 600
I did not look upon Mr. Shewan as having most belligerents, and in less than three minutes from Cornhill. That is a great marine centre; the. wanted long prices. I did not withhold them Bhares. We were not to sell under $176. The of the shares. Failing to get business, from a
the refusal of any from sale at a price. That price-$176, or plaintiff promised me
principal, I should, if I had wanted Ropes, have the time the order to charge was given, not a particular address is also that of the North over-had been fixed between myself and Mr. shares he had got before he sold them to any
gone to the brokers. I did not know where the single Chinaman could be seen. The troops China Company, the exponent-in-chief of the were then drawn up in the along, be road in: Bonus system. The principal feature in the one else.. This understanding with Mr. Potts Rope shares were held, as we did not do much Shewan.
such a way as to surround the entire buildings, Singapore Company's report is the statement in them. The other tirokers must have done was not, to the best of my belief, come to before
and so as to prevent the escape of the coolics. that in February last it was decided at a special cogaged in keeping the imperial harem supplied March 25th. I had no such understanding with good deal in Ropes.
Several attempted to break through the ranks, general meeting of the shareholders to so alter with wives, and if the Sultan were to cashier bis Grimble. My brother left his shares with me
but failing to stop when called upon to do so, and amend Article No. 88 of the Company's entire female establishment he would certainly be deposed or murdered. Sir William White is to do as I liked with. Since the 31st March I have sold 400 to Rustonjee at $176 but he has
they were bayonetted, without mercy. In the Articles of Association; that a dividend of 6 per said to have advised his Majesty to reduce his meantime a large number of steam launches cept. only shall be paid until the Reserve Fund,
establishment by not filling up the vacancies, but --- not paid for them: 25 through Stokes and
were patrolling the river, to that every possible at present only 11,000 dollars, amounts to
this is not easy, seeing that every cabinet minis- Young, 25 through A. S. Cohen. These last
chance of escape was shut off to the coolies. 400 000 dollars; and that, 'when the Reserve
ter and pasha of note looks to passing his were sold at $175 or $176.-1 bave been told that
Having got so much order restored, the troops shall have reached that figure, not more than 10 Mr. Creasy Ewens purchased the as through
stationed on the wharf where the Hecate per cent, dividend shall be paid until such Reserve daughter through the Sultan's harem as a means Stokes and Young and Mr. Ismael, executor for
of securing her a marriage portion, with the titis £100,000, Devajee, deceased, the 25 through A. S. Cohen. SERIOUS RIOTING IN BANGKOK. was lying were ordered to search the cargo Fund amounts to 600,000 dollars,
boats lying round that vessel. The soldiers This is a step in the right direction, and the fact of Valide, which may be construed as princess.
The man who would come to the throng if I also sold so for cash early in April to W. H..
had no sooner stepped off the wharf and that it should have been taken by the Singapore Abdul Hamid were depared is his brother, Rechad Wallace at $179. I had no previous contract
lined along, into the boats, when there, was a Company in its early years, is certainly the
virtually a prisoner in with Wallace. I had no contract pending which
The Straits Times of the 29th ult. saya-mighty horde of bewildered coolies rushing most hopeful thing that has for some time trans-Pasha, This Rechad this transaction could bave satisfied. I did not
From private information to hand, we learn that hither and thither, to the boats, into the water, pired amongst the Easter Offices. If the sell any shares during the last todays of March,
on board of the Hecate, in fact the poor creatures, Company should pursue its present policy, and I think $179 is the bighest price 1 ever got. Ia serious riot has broken out in Bangkok,
now mad with sheer fright, were seeking any succeed in building up its Reserve to £100,000 have heard of sales at $200. I bought some amongst the Chinese populace, and that it has myself at $200. This was about the end of assumed auch dimensions that all trade is sus-hole or comer where there was a possible chance as we trast it may-it will have sown a fruitfal of escape. Several of the small boats were lesson in the Eastern mind. At any rate, it February. I purchased about 125 at this price pended, and the ships are detained in the bar.
wamped by their numbers, but those coolies should be the first object of a young Company for cash I think the brokers were Legge and bour. The Siamese Consul has received no Torg and Gubbay. I have heard of other tran- advices on the subject, but several of our leading who got into the water shared the worst fate of to strengthen its Reserve so as to offer undoubted actions at $200 but I do not now remember Chinese firms have received telegrams which all. The troops proved themselves to be very security to insurers. The Company's operations them, 3,000 is the total number of shares in the included the bare statements that serious rioting bad riflemen, for several of them failed to hit in 1836 and 1887 were very inconsiderable, the Company. Towards the end of March when prevailed. Whether the quariel has originated swimming Chinamen at twenty yards. Not to total premiums written at all agencies being about I was contemplating making the agreement with with the Kongsees, or not, we cannot say, but it be daunted by this, the soldiers, still carrying £7,000 in the Marine department, though double Mr. Perry I tried to find out who held the shares would appear that the whole town is suffering their guns, jumped overboard and quickly over that amount in the Fire department. Of the but could not. I knew that Russell & Co. held from the outbreak, and that the transanction of hauled their chase, when the coolles had either to balance brought forward from 1886, about four. return or be bayonetted to death. Not a few chose fifths was devoted to paying a dividend of 10 per shares. I did not ask Mr. Tomes about them. ordinary business is rendered impossible.
the latter, probably thinking it the better ex-cent. to shareholders, the balance being written I and my brother had about 1100 between us, I
pedient than the later tribunal. After this chase off to Reserve. Of the balance from 1837, about did not know that Grimble had any. Mr. Potts
the Captain of the Hecate allowed his vessel to 60 per cent, consisted of interest on investments, I knew had soo to 600. I had heard that Grimble
a weakness common to our best London and had 400, Mr. Duer had 175, Mr. Watson 25 to 5o.
be searched Coolles were hauled out from the
Liverpool Companies, as we have shown in the I think Russell & Co. were bound to hold go. I
boiler furnaces, the fonnel, ship's boals, water do not know how many they actually held Mr.
tanks, the galley, coal box, and even out of the statistical tables published in our issues of 12th and 26th April This balance being just short officers' bunks, where they lay as flat as any Perry stated that he had goo to 600. I do not
detection, but it was no good, the cute little £97,000) the dividend declared is 5 per cent. a considerable number.
The working account for 1888 appears healthy, Siamese stuck their bayonets here, there, and everywhere. In this way, something like two for the settlements, 93.013 dollars, are only 3
The TRANSFER BOOKS of the Company hundred coolies were captured. As they were per cent. of the premiums written, 255,339 dollars or 4 per cent below the average of the fourteen caught, each man's arms were tied behind his back with his own pigtail, such a posture being English Companies received in the above-men-will be CLOSED from the 15th to the 17th inst simply torture for the poor wretches. Coolies tioned tables. Further, after deduction of all inclusive. were even found in the troughs of the pigstyes expenses, which thus represent 14 per cent, on adjoining the mills, their bodies, with the excep the premiums, there remains a balance of tion of their nasal organs, being completely 125.339 dollars, or about 50 per cent. of the submerged in the foul smelling pigswash, About premiums, to meet outstanding liabilities. It is Goo were taken into custody. During the melde by no means a bad point that the amount of the troops were not above a little looting, the business dane bears a small proportion to the cargo on the Chinese boats claiming a good share paid-up capital of the Company, viz., £40,000 of their attention. Probably we shall hear later total premiums at all agencies, Eastern and on how the rioters came off
Furopean, against £90,000 capital and reserves, The balance at credit of profit and loss account (Fijo and Marine together) after payment of dividend (as above), is 230,507 dollars, or Dearly 40,000, and although it will probably be a great disappointment to certain ellents of the Company.
Re-examined I may explain speculation, in my opinion, as going in for something you can't pay for except you win. I suppose buying in the market for a rise is speculation. I was speculating for a rise. 1 personally knew no thing of the prospective dividend when I bought. I bought on my own impressions and on guess work. It would have been a breach of con fidence to have made public any information gained from the books. The clerks understand that, and at the most they would only say so and-so was doing well among them, "I did not keep a banking account in England, but since 1 did I never got my cheques back, I do not know how the detalli of the interview between Mr. Whitehead and myself became known unless it got out through that gentleman.
The Attorney-General then put in the evidence of Mr. R. Shewan, which was as follows:-
Robert Gordon Shewan, examined by Mr. Francis, said: am a clerk in the employment of the firm of Messrs, Russell & Co. I bave during the prescat year had something to do with the business of The Hongkong Rope Manufacturing Company, Limited. I have written most of the letters connected with the business. I have bad nothing to do with the accounts. On the tnt of January 1889 I owned about goo shares in the Company, some of them were registered in my name, some were not. On further recollection I did not own more than soo shares on the 1st of January. On the 1st of January I had bought 900 on time contracts, but I did not hold more than 200. I had at different times purchased more than goo shares and sold some from time to time.. I reckon that
corner,
On the weeks
Re-examined by the Attorney-General:- believe there was a sale on the 15th May at $155, for October, and one on the 22nd May for gr8o. I promised not to tell who were the principal:
The Court then adjourned till to-morrow,
THE MILITARY CALLED OUT,
safety if he put down his harem, not as a question of morals, but as a matter of policy, seeing that it was impossible to exercise super- vision over an establishment of 300 ladies. The Sultan, who is practically a monogamist, would be glad enough to get rid of the 299 brevet spouses, but the customs of his dynasty forbid him to do this...
On his birthday and on twenty other days in the year he invariably receives from his mother the present of a beautiful slave, and this young. lady has forthwith to be transferred to his establishment in the capacity of harem dame, with a household of her own, consisting of at least four eunuchs and six female servants, toi say nothing of horses, carriages and grooms.. Multiply the number of these households by 300, and it ceases to be astonishing that the expendi ture of the Sultan's civil list should amount to £4,000,000 a year. A large item in this sum represents the dowers which the Sultan pays to his slaves when he marries them. To favorite officials about roo girls are married from the palace yearly, and each of them is entitled to receive £10,000. Unfortunately, the bridegroom who takes a wife from the Sultan's hands must, at his earliest convenience) make a present of a slave to keep the staff of the imperial seraglio up
to ks proper figure.
The Sultan loathes the whole thing, but what is he to do? There are too many vested interests
Yildiz Kiosk, för be can...ot go outside the garden · gates without leave, and he never gets permisalon to take a walk or drive alone... He must always be surrounded by guards and eunuchs, Rechad, however, is a man of modern ideas, and lately fell in love with an English girl whom he met boating on the Bosphorus, and to whom he pro- The Sultan, bearing of this affair, has nipped. posed marriage after a week's acquaintanceship, his brother's suit in the bud by ordering the young lady to leave Constantinople.
Co-day's Advertisements.
GEORGE FENWICK & Co., LIMITED.
NOTICE TO SHAREHOLDERS, TOTICE is hereby given that an INTERIM Dollar and a Quarter per Share, will be payable to those Persons who are Registered Share holders on the rath July, 1879,
I stood to get about goo at that time. On January think that Joseph and Fredericks had themselves reported. From several persons who have just human being possibly could lie in order to avoid of 6 per cent. on the paid-up capital (about DIVIDEND of FIVE PER CENT, or Ons
1st I cannot say how many I stood to sell and how many. I stood to buy, Altogether I may have purchased from 1,500 to 2,000 shares before January 1st Besides the sbo I had I stood to receive about 700 shares up to Jane. I may have contracted to receive about 1,020 and to sell about 300, thus making the. balance of 700 but I cannot give figures exactly. I have no memoranda which would help to fix these figures. The 200 shares were held by myself alone. Some of the contracts to buy or soll after 1st of January may have been for other people and some on account of myself jointly with another person or person; I had some shares on a joint account with my brother William Shewan, I had some with Mr. Potts the plaintiff, and I bought some on account of a Mr. Moore, of Foochow, so I bought for him. During arouary I cannot say how many shares I bought and sold. Probably I dealt in 300 to 400 shares during that month. By the end of January 1
Cross-examined by the Attorney General:-1 had a joint contract with plaintiff for 50 shares in January. I may have had another joint account with him for ag shares but I am not sure, Mr. Potts had no interest in the 900 shares which I held at the end of March. Potts went in alone to the Manager of the Chartered Bank when he was applying for an advance and I went in when he was there and then I made my application. I did not intend it for a joint application. We did not start from Russell and Co.'s office together. We went inde pendently of each other, I made my application to Mr Armstrong first I was referred to Mr. Whitehead. I went in when plaintiff was there, Basked Mr. Whitebead if he would increase the accommodation to meas Imight be able to bring in a large number of these shares Plaintiff was standing by. I'did not intend to make a joint application. We cash wanted money, I did not
The report that a serious riot had broken out amongst the Chinese populice of Bangkok is now not only confirmed, save our Singapore contemporary of the 1st inst, but later and authentic accounts go to show that the affair was of more seribus proportions than was left the seat of the cutbreak, and should there- fore be cognizant of the facts, we learn that for a considerable time past the members of the different kongsees. have been at loggerheads, and although petty eruptions have been fre- quent, matters have never actually reached a crisis until the present time, when the coolies broke out into open warfare, and by their obstre perous manifestations towards each other, put all trade to a standstill, and created serious incon- venlences to the European inhabitants. It appears that there are two kóngsees in Bangkok, the coolies in the employ of Messrs. Windsor, Rose & Co. and thecargo boat coolca, comprising one pociety, while the coolies of the Borneo Co, Messrs. Markwell, and the coolies employed in three Chinese-owned sice mills form. The other kongace, The codies hail from various provinces of the Flowery Lind, but they nearly all speak the Swatow and Amoy dialects. These two societies have several times been in cofileton,
The Slam Mirenhilfe Gazetta, given the following account
On Wednesday evening a serious confict took place in the New Rond, behind the Rice Mills,
By Order,
GEO, FENWICK, Manager. Hongkong, 8th July, 128,
[856
VE TO LET (With Immediate Possession). ANEM
High Street,
as Mr. HAZELAND live before.
Apply to
AH YON, No. Bo. Prava Central, 1897
Hongkong, 8th July, 1889,