Intimations.
A LUXURY FOR THE
HOT SEASON. ·. DAKIN'S new "Loofahs" BATH BRUSH,
with handle, price 75 cents,
Also on band a very large selections of FLESH BRUSHES, GLOVES, STRAPS, PADS, &c.
BATH and TOILET SPONGES, of all sixes,
ALSO
HAIR BRUSHES, TOOTH BRUSHES,
I
THE HONGKONG TELEGRAPH, SATURDAY, JULY 20, 1889.
events it has very materially increased. There was a time, and not so very long ago, when this flourishing business was chiefly regarded as a sound and useful commercial in- vestment; the shares were widely circulated and, with the exception of one large holder who had the credit of owning about two thousand shares, were generally held in small lots by all classes of the community. That time is not now; the preponderating influence of the leviathan halder
has been weighed in the balance and found wanting, or that it was originally brought forward for a certain purpose, and, that purpose having been served, the time has arrived when arrange- ments are necessary that It may be decorously shelved at the first favorable opportunity,
LONDON's newest household fad is the woman builer tricked out in livery, and enormously "well" in blue or green or gold or scarlet.
We are informed by the agents (Mesars. Jardine, Matheson & Co.) that the "Glen liner Glenlyon, from London, will leave Singapore for this port to-morrow.
The Company, en dif, Nave had a prosperous six months, although the net profits are scarcely that the repairs to the Honam cast far so large as reported. Further, it is stated beyond what was estimated, and that other AN Emergency meeting of St. John Lodge, No. expensive matters have cropped up which, SC will be held in. Freemasons Hall. Zelland Street, on Monday, the and instant, at will scarcely justify the huge dividend so con- fidently predicted at the beginning of May. It 8.30 for 9 pm, precisely. Visiting brethren are has also been recognised that the Canton river
cordially invited. traffic cannot be made monopoly, even by the powerful combination which has played the boy-
HENRY: "Kate, I will leave you for ever if you
A PARIS fakir is inaking a fortune by advertis. ing a cure for corpulency, which will, without injury to health," take off two pounds in ten minutes. In return for a franc he advises a trip up the Eiffel Tower, at the top of which reduced atmospheric pressure reduces the average man's weight temporarily by about two pounds.
'A CHINAMAN was before Mr. Pollock this morn. ing on a charge of smuggling opium. P.C. Moffat said that a few minutes after midnight" he was on the Praya West, and saw the prisoner, with a number of others. carrying bags away from house No. 279. On seeing him they dropped their burdens, and ran, and he only caught one, the rest
excine officer, stated that No. 229 was the Opium Farmer's boiling factory, and that probably the opium was only being taken over to Mang-kakau, where there was another factory. His Worshipremanded the case, fixing bail at $1,000.
manner aforesaid the same shall be deemed to be declined and all such shares (if any) as am declined, together with the remaining 4,000 shares, ball be offered to the public (including shareholders) in such manner and at such times and on such conditions as the Board datermine.
!
may
3-That Article No. VI. Sub-acction i. of the Company's Articles of Association be altered by inserting therein in lieu of the figures $30.000," the figures $100,000," and in Heu the figures #3,000" the figures 10,000, Mr. Granville Sharp" presided, and among those present were the Hon. C. P. Chater, Hon. B.Layton, Dr. Canille, Messrs. J. D. Humphreys, and W. H. Ray (Directors) E. Burnie. C. A.
NAIL and SHAVING BRUSHES, SOAPS rogueries in connection with Steamboat as with cotting game so low down for so many months.accept that diamond brooch, from Mr. Masher. Spooner, the chiaretting away in a boat. Mr. Ozario, G. C. C. Master, A. P. Stokes, J. P. N.
PERFUMES and SACHETS, at lowest cash rates.
DAKIN'S PRICKLY HEAT LOTION, the only reliable remedy for prickly heat.' DAKIN BROS. OF CHINA, LIMITED, QUEEN'S ROAD CENTRAL, Opposite Hongkong Hotel, HONGKONG.
(Telephone No. 60.)
Hongkong, 10th July, 1889..
was bound to make itself felt, the grasping maw of the unscrupulous share trafficker was quickly introduced, and during the past few years there have been as many "rigs" and any one of the most notorious gambling stocks in the list. The last (not the latest) move in this direction standa unsurpassed for barefaced audacity, alike in its conception and its successful
carrying out, and the main object of this article is, in addition to briefly sketching the true position of the Company, to show how the oracle
was worked.
The capital of the Steamboat Company, according to the balance sheet issued in January last, is $R00,000, divided into forty thousand shares of 3:0 each, and the same
financial position. For the preceding six months the Urmpany's vessels 'had earned, after paying all Tunning expenses, salaries, premia of
In trying to run the Pasig off the line the Steaming Kate: "Why everybody will think that They actually employed the Kiung chow to boat Company suffered a humiliating defeat. you gave it to me, Henry." Henry (conciliated) Well, well, my dear, I suppose you must have shadow" the Chinese-owned craft, but the your own way," plan failed, and the Pasig, is running now,
and obtaining a fair share of support And a more dangerous opposition is imminent The Chinese are proverbially slow to move, but when once started they, to use a popular phrase, "get there all the same." A new steamer, almost a far-simile of the Fatskan but on a smaller scale, is in course of construction at home, and will be sent out here in pieces and put together in the colony. She is intended for the night route, and two other vessels will very also rumoured that a syndicate has been formed wheeler Kinng plass, now on sale in Shanghai, to purchase the China Merchants' Co.'s side so that taken altogether the Steamboat Company will have all its work cut out to stifle opposition and keep the Canton river the gold mine it has Poved for so many years.
THE Italian Government is reported to be greatly worried over the increasing migration from that country. In spite of the stringent laws which have been passed lately against emigration agents 195,211 Italians left in 1888, as against 127,748 the year before.
da Silva (manager) and E. W. Maliland (secretary).
The Chaftmani said—You have been invited for the purpose of materially increasing the here to sanction the proposals above-mentioned,
capital of the Company. You are aware that we in a expert-
A. S. WATSON & CO.. LD statement shows a very sound and satisfactory shortly try their luck at the same game. It is dollars. There has been an unaccountable rush would work on such an idiotir fiscal system is have made, to the China Fire Insurance Com.
ESTABLISHED A.D.'1841.
MANUFACTURERS OF AERATED WATERS.
OUR AERATED WATER MANUFACTORY is replete with the best Machinery, embodying all the latest improvements in the trade. The greatest attention has been paid to appli- aces for chsuring purity in the Water supply, to secure which we have added a Condenser cap able of supplying us with 3,000 gallons of distilled. wter a day, and are now in a position to compete
insurance, repairs, eic, the handsome sum of $113.424-791, which allowed the payment of dividend to shareholders of seven and a bonus of one per cent. for the half year, in addition to placing $200 to the credit of the Depreciation Fund, devoting $7,500 for other useful purposes, and carrying to new accaudil $17,000. On the 2nd of February, the date of the half yearly meeting, Steamboat shares were quoted in the market at
How did the "corner" end? It has not ended yet, and there are troublous times in store for many fond believers. But the Chinese "got left."
LOCAL AND GENERAL.
A CHINAMAN reported to the police yesterday that his wife had run away, and, he feared, had married a creditor to whom he owed thirty among married men ever since, to borrow out of lending is "I'm married already."' similar amounts. The new formula for getting
TEA business in Foochow proceeds but slowly. The "Glen" liner Glencoe was expected to get away on the 16th inst., but no news of her departure bas yet reached us. Her rate had been reduced to £2 104. ner tan. The E & A Co.'s steamer Guthrie, for Sydney and Melbourne, has not yet filled up, and the date of her departure is uncertain.
in quality with the best English Makers. Our '126 per cent. premium, which rather more than IN 1888 the Italians residing in France numbered report of a tramp run over by the midnight
Sweet Waters cannot be surpassed anywhere.
The purest ingredients only are used, and the utmost care and cleanliness are exercised in the innufacture throughout,
represented the actual value of the scrip as an investment. However, this rate remained prac- tically unchanged until about the end of April excepting for a few days in March, when shares were freely offering at as low as 111-, and then, without any apparent cause, the quotation jumped up by leaps and bounds until it reached Counterfoil Order Books supplied on applica-un May 6th the extraordinary figure of 187 per cest premium. Since that date it has fluctuated between 168 and is, and today it stands at about 175. Now ict us see how this wonderful improvement in the market value-not the real value, be it remembered, for that remains unchanged-was effected.
FOR COAST PORTS, Waters are packed and placed on board ship at Hongkong prices, and the full amount allowed for Packages and Empties when received in good order.
tion.
COAST PORT ORDERS. whenever practicable, are despatched by first steainer leaving after receipt of order.
Our Registered Telegraphic Address is;` "DISPENSARY. HONGKONG," And all signed messages addressed thus will receive prompt attention.
The following is a 1st of Waters always kept ready in Stock - PURE AERATED WATER
SODA WATER
LEMONADE
POTASH WATER
ITHIA WATER
Bay
SELTZER WATER
SARSAPARILLA WATER
TONIC WATER
GINGER ALE
GINGERADE.
dry, or greasy, or that appear to has been used fr any other purpose than that of Containing Ariated Water, as such battles are never used again by us,
No Credit given for bottles that are
WATSON'S
PURE FRUIT CORDIALS. Prepared from the Juice of the finest selected Fresh Ripe Fruit.
Black Currant
Raspberry Strawberry Damson
Red Currant Orleans Plum
Pine Apple Morella Cherry Line Fruit, &c. A tablespoonful (more or less according to taste) added to a tumbler of plain or aerated water forms a delicious beverage. The addition of Wines or Spirits produce excellent and piquant Price, 75 Cents per Bottle, or $7.50 per dozen Case Assorted.
results.
RASPBERRY SYRUP
STRAWBERRY SYRUP
RASPBERRY VINEGAR
Price,
$1 per
Bottic
For imparting a delicious flavour to AERATED
WATERS,
SUMMER DRINKS, &c., &c.
Sole Agents for Hongkong and China for MONTSERRAT LIME FRUIT JUICE
CORDIALS...
A. S. WATSON & CO., LTD.; Hongkong. China, and Manila
NOTICES TO CORRESPONDENTS.
f5
It is requested that all communications relating to Subscriptions,
Advertisements, &c., be addressed to the "Manager, Hongkong
Telia and aot to the Editor.
Latters on Editorial matters to be sent to "The Edi" and molto individual members of the staff.
Communications intended for publication must be accompanied by the name and address of the writers, not necessary for publication; but as evidence of good falibu
While the columns of the Honghang Telegraph will always he open for the fair discussion by correspondents of all questions
affecting public interests, it must be distinctly understood that the Editor does not in any way hold himasiť responsible fớc opinions thus expressed,
wwwwww
TO ADVERTISERS.
Advertisers are requested to forward all notices jelded for
sertion in that day'a isaue not laiar than Three o'clock so sa hot to retard the early publication of the paper,
Adverdacments and Subscriptions which are not ordered for
fred period will be continued until counterzanded.
The Hongkong Telegraph has the largest circulation of any English newspaper published in the Far East, and le therefore the beat medium for Advertiarra. Terms cha belaunt on application The Hanghong Telegraph's number at the Telephone Carat
Exchange la No. *
TO SUBSCRIBERS,
`reminded that all Subscriptions are payable in aitvance.
The Hongwong Telegraph
|
It was common knowledge that the Company's steamers, or at all events those on the Hongkong -Canton mute, "were carning Jarge freights, and that, owing to the temp rary removal from the ne of the China Navigation Co.'s steamer Hankow, the six month!" profits would be con. kiderably augmented. At the same time it was [rd-n well k own, that necessary repairs to the Honam would absorb an inconsiderable amount of the ex'r carnings However, a corner” was tipped to "bull" the stock, and active operations quickly followed. The modus operandi was simple and effective. The "bulls," who are said to have been chiefly well-known Chinese specu. latora, are credited with having succeeded, by. what means we know not, in obtaining a pledge from a very large helder of the stock that he would not place any of his shares on the market, the said large holder thus becoming a sleeping partner in the projected corner." The actual strength of this arrangement will best be under- stood when we state that more than the half of the Company's shares, according to current belief, are absolutely controlled by two individuals, one of whom is the gentleman who so obligingly promised to "sit on" his shares and not sport good thing. The other person may have also been in the swim, but on that point we have no reliable knowledge. Singularly enough about this time a report got into circulation that the Directors, or some of them, had formed a project to increase the capital of the Com- pany from $800,000 to $1,600,000, by the issue of fury thousand new shares of $to of this report was soon placed beyond doubt, cach, at a considerable premium, The truth and although nobody with any pretensions to commonsense could see the slightest necessity for the proposed increase of capital, its effect on the share market was startling. It was not quite clear in what way this new scheme was to improve the position and prospects of the Steam- bnat Company, not have we yet been able to recognise what beneficial influence it is likely to exert on the value of the shares; but anyway.lt | very materially helped the ancient fraternity of bulle" in "whooping up" the quotation from 123 10 185 per cent. premium, and in inducing the unwary to rush in and buy for forward delivery at even much higher rates. A great authority, the same complacent gentleman who philanthropically promised not to spoil sport by floding the muket with his hundreds of shares, was credited with having predicted that
that Inspired prophecy was industriously cílculated, and doubtless in many quasters it unhesitatingly accepted as pure gospel And that was how the “comer' in Steamboats was so artistically arranged,
10
|
nearly half a million, having increased 75,000 from the previous year.
LATE telegrams from London report that the tea market is quiet but steady. In New York tea business continues duil
MISSRS. Jardine, Matheson & Co. inform us that the steamship Moray, from Calcutta, left Singapore yesterday for this port.
NEXT Tuesday being the anniversary of the birthday of the Emperor of China, the Imperial Maritime Customs and Stations at Kowloon will
be closed in honour of the occasion.
LONDON has twety-nine vegetarian restaurants, the stable articles of whose bill of fare are the cereals, such vegetables as peas, beans, haricots, and lentils and various kinds of fruit,
Up to 1884 the English Post Office had issued 31-301.0 0,000 postage lamps. That number of stamps would cover 3,761 square miles, and would reach to the moon and back if placed end to end
A PORTUGUESE-CHINAMAN, named Angelo Antonio Silva, who is in the conges and lemonade line, was malet in $1.50 to-day for having his stall across the footpath.. Shade of Camoens !
His Excellency Hauch Fuch'eng, the recently appointed Chinese Minister to England, arrived at Shanghai from Tientsin on the 14th inst. He will shartly proceed to' London to take up his appointment.
OURS is a practical age. The old motto, "Trust in God and keep your powder dry, has been translated by an Iowa farmer thus: Boys, don't touch these melons, for they are green, and God sees you !".
IT is said that n French Count, when brought Into court by eighty-two creditors, admitted that be was somewhat financially embarassed, but he wanted a little more time in order to conclude a marriage with an American girl
CHICAGO Woman, I want a marriage licence. My fance is too busy to come himself. Clerk of Courts (glancing at calendar)—Let me see, this
be the tenth, isn't it? Chicago Woman-Why how perfectly absurd of you" This is only my sixth."
TO-MORROW morning between 9 and 10.30 o'clock the steam-launch carrying the Bethel ag will call alongside any vessel hoisting code
pennant C, to convey men ashore, to 17 s.m. service at St. Peter's Seamen's Church, returning about 12.30.
|
JOURNALISM as a Fl¬c Art-Night Editor-This express is very good. How did you get it so soon? New York Reporter-I found him sleeping near the track so I chloroformed him and tied. him across the rails, and unless the engineer saw him in time we will have a clean beat on the morning papers..
Ar the farewell dinner to Mr. Christie Murray on the 7th June, Sir George Elliot, M.P., a Conservative, created some astonishment, in replying for the Houses of Parliament, by declaring himself hostile to the hereditary principles in the House of Lords, and suggesting that no one should be allowed to sit there who had not first sat in the House of Commons, and passed a qualifying examination.
THE Daily Press, after thinking over the matter for weeks, believes that the search made by the Opium Farmer's exċise officers of the persons of passengers arriving in the colony is entirely illegal. Our contemporary's belief will not hold water. The right of searching for oplum by these officers is fully and clearly sanctioned by the Opium Ordinances of 1884 and 1887. The method of searching is quite another matter.
THE Government of Bavaria proposes toestablish an academy for the instruction of painters in the mysteries of restoring old and more or less damaged pictures to their pristine glory. This design in offset by a acheme suggested in Landon, which renders the Bavarian idea entirely useless. The English plan is to re-establish a school for instruction in the art of producing the works of the "old masters" themselves. The demand being much greater than the supply, it would be a praiseworthy act to encourage the manufacture of "old masters." Indeed, judging from many specimens which have been purchased lately at fabulous cost, the suspicion is reasonable that something of the kind is already in operation in the great European art centres.
THE Smithsonian Institution in the United States
tas, ibirteen times less than that of France, is
..
TO A MULE
Thou gaunt, grave, gawky Gatling gun On fours! Thou lank, embodied lightning atrenk, All bail 1
SIR LYON PLAYFAIR writes with regard to the commenced in a very tentative and exped Board of Trade Reports on Sugar Bounties --It is impossible to draw any sound conclusions as
amount of capital at our disposal. Those to sugar bounties from the report just issued our period of adolescence is past. We have
days of small things are gone by not beyond the fact that Baron de Worms 59,000,000 had our difficulties and defeats in the past, but are cut down to about one-half, The French
we are not cast down, but determined to organise bounty is stated in the report to be zo per ton, a victory out of our difficulties. The amount or a 10s more than the selling price of sugar which we propose to add to the capital will at 178. 6d. per cwt., the cost before the recent enable us to meet the obligations under which Tise. To suppose that a great nation like France
we labor to the directors, in loans which they beyond all credibility. Mr. Giffen's signature is attached to the report, but the hard which penned pany for a sum advanced on a mortgage on one the section relating to bounties is not the band of Shanghai Bank, for an amount they loaned for of our properties, and to the Hongkong and Esau bat of the wily Jacob. If the figures were the purposes of extending the Company's pre- proper conclusions from the facts: they are, amises at Pokfulum village. That is que portion complete condemnation of the bounty scare, for
of our object. The other is to materially increase they show that Germany, with a bounty of Li
our roeans. We are very much bampered; our able to export far more largely than the latter capital is altogether insufficient. The market for our commodities is practically unlimited, and wa country. If the figures be true conclusions, they would support Lord Salisbury's statement
want to be able to meet this increase. It may that all bounties go into the pockets of producer, buildings at Pokfulum-we have now four be that we shall be obliged to erect some funber but they annihilate the arguments that any con-
circular cow-sheds there, and we propose to erect vention is needed in the interests of the con- sumers of sugar.
two more. We also want to obtain from Eng. land an assistant manager, in whichorlate Chair *
man, Dr. Manson, bes kindly effered to assist.. We suggest that the new buildings should be faule
erected on the land we last purchased, at the top of the bill, to enable us to divide our berd, instead of having it all in one group, as at present. We fel that this is very essential, as a matter of Insuring safety. Another matter which we wish to accomplish in the establishment of a central city depot, for distributing the milk. We feel this to be very important Indeed, if the wants of the community are to be supplied. We have had a great deal ofexperience now, and the result of it is that we have come to be sure that milk can be produced and sold in Hongkong in large quantities at a fair and remunerative rate. It is an article of prime necessity, and of general, if not universal, use. Our milk has commended itself to every one, and very recently the Govern ment Analyst, and also the Colonial Surgeon, expressed very favorable opinions of its high class quality, ranking it equal to that produced and distributed by the Aylesbury Dairy Com- pany in England. It is the belief of the medical men of the Colony—I think I shall be supported by Dr. Cantlle--that children and young people don't drink nearly so much milk as they should, and it is very important that they should obtain it of first-rate quality,. At present we cannot obtain it in a large quantity,— it is only lately I have been indulged with a supply, and one of the directors informs me that be bas had none yet. We hope, therefore, that you will accept our proposal to increase the resolution, means at our disposal. He then moved the first
Mr. Burnie seconded, and it was passed. The Hon. C. P. Chater moved the adoption of the second,
1
: (Be careful, Muses, of his heels) Thy drooping cars and languid cye, ». Most sabile beast, might well breed confidence, But thou shalt not obliquely launch thy heela At me, thou wily rogue Great Scott 1
How I have sometimes seen th' unwary youth Of African descent hoist heavenward,
Contorted, writhing, by the merciless hoof! Then thou wouldst turn thy luring, blinking eye Toʻgaze upon the melancholy work, Or lure with basilisk glance some victim new.
mule!
Star-maker!
Dealer in pyrotechnic novelties 1. Thou verily art loaded, cocked, and primed, From early morning if the steps Of dewy dusk imprint the sky with stars. I would not draw within The magic circle of thy cognizant heels For all the yellow gold that Shasta yields, Or silken freights that hither swim from Ind.
-Detroit Free Press.
THE Canton correspondent of our evening" con- temporary is certainly an "amposis cuss," In the way, is merely a stale rachauff of our his letter in last night's China Mail, which, by
correspondent's communication of the 16th inst., he winds up as follows: Let the H.K., C., and M. S. Co. tremble and fear, The two fisc steamers that have been undergoing repairs opposite the Bund are being rapidly completed,
between the new line and the two existing- and soon, no doubt, will begin a keen competition companies that now monopolise the trade. Gracefully as there fine craft swing round at their anchorage, they will be much missed by the whole community. But there is another pleasure to look forward to-with the accom- is reported to have received a gift of great modation they will afford, the journey to Hong antiquity from His Excellency Chang, Chinese kong and back will be materially made more Minister to Washington. It is a "jade" ring, pleasant. Now, all this is meant to be funny, about ten inches in diameter and one-eighth of but it isn't, by a very long way-it is far neater four inches in diameter. It is of a pale hue. The an inch in, thinkness, with a hollow centre about the truth in its most important points than the missionary ink-slinger had any notion of But ring is known as the "Han Pek" jewel of the in some parts of his airy badlaage the China dynasty of Han, an old-time monarch of 3500 Mail oracle is not quite accurate. For instance, years ago. Court officials of that day, when an it is not true that the H.K., C., and M. Steamboat sudience was accorded them by the Emperor, Co. and the China Navigation Co. now mone. beld the ring with both hands and thrust their polise the trade" of the Canton river. In spite of the attempts of these two Companies to quash the Parig opposition, that vessel still continues to run and make money. And in spite of these two Companies, with the China Mail apovile thrown in as a make-weight, the steamers Chop-cheung and Hai-chaung-ching will also ran as soon as their repairs have been completed, and what is more, they have been promised and will doubtless receive a considerable amount of support, both foreign and Chinese. Of course, the owner of these fine vessels will be extremely
fingers into the opening to guard against moving their hands while addressing the throne, the emphasizing of their remarks by flourishes of their hands presumably being contrary to official etiquette. The ring was used as an emblem of submission or respect for the sovelgn. It was recently unearthed from a sepulchire, having been burled with the owner.
THUS the plain-spokea correspondent of a home paper: The Queen handrawn up a memorandum
Mr. McCulloch asked if there was anything to indicate how the directors intended. offering the shares,
The Chairman replied that four thousand would be offered to the public, including the shareholders,
Mr. McCulloch pointed out that there were a great many abareholders who had held their shares a long time and had lost a good deal of interest, and it would, be hardly fair to them to allow new shareholders to come in at par. He heped the directors would take that into their consideration,
The Chairman said that it was possible the directors would keep the point before them in allotting the shares, but they did not see their way just then to altering the resolution as it stood. They had a discretionary power, which they were at liberty to exercise.
Mr. McCulloch thanked him, and seconded the resolution, which was then passed,
Mr. Humphreys moved the adoption of the third resolution.
Mr Dzario seconded, and it was adopted,
The Chairman said that the meeting for the confirmation of the resolutions would be held that day fortnight.
The proceedings then terminated.
NOTES FROM CHINÉSE PAPERS.
the rate would rise to 30 per cent, premium. "THE WANDERIR8" give their farewell performs to the manner in which her funeral is to be sorry to deprive the Shamien community of Hadeh Fa-ch'êng, the new Minister to England.
ance in the Theatre Royal City Hall, this conducted, and she has announced that she will the pleasure of seeing them "gracefully, swing and. France, having received his credentials from
Way
Very little inore remains to be said. The resolution to double the Company's capital was forced through at a packed meeting, although it was perfecily well known that the scheme
evening, when we hope they will have a full house. They are a very clever little company, and thoroughly deserve the support of the public A capital programme has been announced, and really enjoyable evening may be confidently
looked forward to..
HERE is a choice specimen of missionary wit from the China Mati, Referring to Monsieur de Mayrena, the King ofthe Sedangs, our local jamie Fireman says Evidently bis Sedanic Majesty is not appreciated by the high authorities in Paris. And yet envious people say that it requires a blacksmith's hammer to drive the slightest appreciation of wit or humour into a Scotchman's cranium.
not give any sittings for the rest of her lifetime to painters or sculptors: What can be the matter with her? Is the long-rumoured abdication about to take place? Is the retired life which she has led for so many years going to be further intensified by her entrance to a convent? Her ancestor, George the Third, we know, became insane In his old ake, and many of the Guelphs have done strange things since. She says that she mast not be embilmed. Goodness! She thus deprives the nation of their only chance of getting anything out of her. I'notice, also, that there is to be no state garden party this year, and she is intriguing to procure payment from the State of the cost of entertaining her visitor, the Shab of Persia. Her miserly Instincts grow. This diseased love of money is a humillating spectacle in the monarch of this mighty empire, more especially as we know that at her death she intends that her vast accumulations shall be divided mostly among foreigners,
round at their nochorage," but surely their use- fulness when employed on the river will be taken the Emperor at Peking, arrived about the 30th as a get-off to the picturesque scene lost by their Inne at Tientsin, and put up at the Cheklang re-entering active service. Arto the passenger Guild-house. After an interview with the Viceroy accommodation afforded by these two steamers. Li Hung-chaug, the Minister left for Shanghai, we can inform the China Masl authority, that for whence, having made a short visit to Wel-sib, Chinese it will atleast be as comfortable as an asy his native place, he leaves for England in the vessel now on the river, and also that, after the 8th or 9th moon, m new deck-houses have been completed, European Passengers will have very little reason for com. A proclamation has appeared, signed by the plaint. These vessels are certainly superior craft two district magistrates of the city of Canton, to the Kiukiang, White Cloud, and Xiungchow, threatening with punishment all persons who found inferior only and au regarda speed the Chop-choung "will be | sball print, or shall hawk about the streets, the Honam. One strict | broad-sheets containing any news whatever about rule is to be observed when these steamers com- the acting of the Government or of the officials mence to run, and that is that no half-price rates in its employment, whether true or false; so will be allowed for missionaries-and their that the minds of the people may not be disturbed": medicines.
by unfounded rumours.
THE DAIRY FARM COMPANY, LIMITED
The Shark Fishery Company is being wound was almost universally condemned outside the up, A general meeting of the shareholders was magic circle and that the local banks had post qui tly held a few days ago, when it was stated tively declined to finance the new scrip. The that the insurance money had been paid by all general conclusion was, and it seems to be justi- the offices interested, and there was nothing to hed, that the only possible result of the increased as but divide it among the shareholder at the capital would be to beneft, the two gigantic rate of fifty per cent on the capital, and bury the shareholders, who are also directors, at the Company's charter. expense of the rank and file, and to aid, the enterprising, Chinese gamblers and their asso- Ciates in "rigging" the share market. It is worthy of note that about this period the Hon. Į. 1. Keswick, of Messrs. Jardine, Matheson
When the steamer Smith and Carz returned 10 Formosa, & Committes of management was Subscribers to The #longhang Telegraph are respectfully & Co., declined to accept sent at the Board, and a Chinese gentleman, Mr. Poon
formed for those two vessels, under the presidency Pong, who possesses exactly the same amount
it would appear from the letter of a Chinese
of Prefect Chang, The Governor of the island of influence over, the Canton river traffic
correspondent published in the morning paper An extraordinary general meeting of the share has placed the war-vessels. Fuk-po, Fil-trick and and exactly the same amount of knowledge of
that the Oplum Farmer's officers are now pre- the management of a steamboat company as his
holders of this Company was held this afternoon, Hai-king under the management of this Come vented from searching the Chinese, passengers at the offices, Stanley Street, for the purpose of of coaling etc monthly. The free passage. mitten, which pays all salarles of officers, expenses co-directore,--that is to say none at all--was
from Canton and Macao on the Steamboat appointed to the vacincy. Mr. Poon Fong's WE read that the cruiser Magicienne made Company's wharf, and therefore carry on their passing the following resolutions
tickets formerly granted to officials returning directorship was a sap to Cerberus, a sort of left-another attempt to pan_her four hours trial operations outride. If this is true it is surely 1. That the capital of the Company be in. from Formosa to China by these war-vousels, handed concession ta oblige the Chinese speco. | under forced draught at Portamouth on, the 8th bad policy on the part of the management of creased to the sum of $100,000 by the issue of "will for the future not be issued, compr Lators already referred to, and to check-mate a June. After the expiration of the third hour the the Company The legal right to exclude the 7,000 new shares of gto each, and that the emerges threatened opposition on the Canton_river | boilers primed to such an extent that it was excise officers from the wharf is by no means Memorandum of Association be altered accord- under Celestial auspices. Well, the resolution deemed useless to continue the run. Though the certain, and the Opium Farmer can easily ingly.
west. The exertions made by the authorities to to double the capital was duly carried engines worked admirably, the mean results of retaliate for being thus impeded in the protec-
protect the people from being poisoned with the That of the said 7,000 new shares, 3.000 and confirmed, but somehow the project has the three hours failed to quite come up to the tion of his lawful rights by sending a horde of be offered to the perssor who, on the 14th day of extracted from cotton seeds, with which The earning powers of the Hongkong, Canton hung fire, and the quotation has not risen to 3 | revolutions were 138, and, the power developed comes alongside and Insisting on his undoubted holders of the Company, in the proportion of for culinary purposes; have been already reported contract power of 9000 horses. The average his myrmidons on board every steamer as it of August, 1889, shall be registered share unprinciple dealers adulterate the beat oil used per cent. premium. This shows that even "the ancients" are not quite Infallible. But quite by the starboard engine was: 4.339 and by the sight to thoroughly search the ship, passengers one new share for each old bare held by them, a new phase has been lately introduced by an port engine 4,441, making a collective indicated luggage, and the passengers themselves. The and such offer shall be made by a notice abnouncement that at an extraordinary meeting horse power of 8,780. During the trial four ruas delay, detention of passengers, and general specifying the number of new shares which of shareholders to be held on August 3rd were made on the measured mile, which gave a inconvenience thus caused would quickly bring each of such registered shareholders shall be special resolution that the Company may from
mean speed of 18'85 knots. The pitch of the the Company to terms. But what is actually entitled to take up, and limiting a time within time to time reduce its capital" will be brought propellets is greater by 6in, than in the case of needed is the repeal of the clauses in the Opfum which such offer is to be accepted, and such forward. If the increase of capital was such an the sister ships, and the result shows that with || Ordinance legalising these, wholesale searching acceptance shall be made by letter addressed to absolute necessity and advantage as set out by the guaranteed power there would be no difficulty powers before that can be done, however, the Secretary of the Company and by the pay. At the end of June "Tiêng Kuo-chian, Viceroy the Hor, Mr. Rysis on May 18th, when pro- in realising 19 knots, the designed speed. So far very substantial quid pro quo will have to be ment to the Hongkong and Shanghai Banking of Klangst, Klangal and Abhal,, memorialised posing the resolution, what is the use of as the trials of the "M" class of cruisers have given to the Oplum Farmer, who is reported Corporation of the sum of £; le mpect of each the Thrond respecting the Indemnity warded this latest after thought It suggeste pretty proceeded, they have shown the necessity of to be losing on his present contract with the new share appllod for The notice shall also to the victims of the riot at Chinkang daring the plainly either that the increase of capital project providing them with greater boiler, power Government about $10,000 per month,
state that if such offer be not accepted in 'tet moon, Fifisen": houses were ca
HONGKONG, SATURDAY, JULY 20, 1889,
OUR LOCAL STOCKS.
THE STEAMBOAT COMPANY.
and Macao Steamboat Co., Ld, have long been recognised and appreciated, and an exceptionally lengthy run of good fortune has, in spite of gross muddling and mismanagement entirely without parallel in the history of local enterprises, provided handsome dividends and placed the concern on a thoroughly solid if not quite an impregnable basis. Within the short space of five years the valus of the Company's sip has doubled-on papers but at all
in our columns Poppy seed oil is another thing we must ward our renders against?). It looks and tastes like linseed oil, but eaten with brinjali it is capable of causing death. Linseed oil, though dearer than bean-oll, is a very populat accom paniment to the brinjal, or egg-plant." --
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