A. G. GORDON AND COMPANY.
LIMITED.
413
The first annual meeting of the shareholders of the above Company was held at the offices. on the 22nd inst. Mr. Gordon presided, and Mésars. A. Duer, L. Downes, A. McClintock, *W. S. Taylor, and Sung On."
The Chairman said that he had very little to add to the report, but he must say that the results had not been so satisfactory as he had anticipated. But, as he had explained in the repart, ilat was chiefly owing to the rise in the value of material at home. It was impossible -to foretell, but he might say that the prospects for this year were good, and he trusted to be able to lay a better report before them at the next meeting. He proposed the adoption of the report.
Mr. Downes seconded, and it was agreed to. Mr. McClintock moved, and Mr. Taylor seconded, the re-election of Messes, Mcintosh and Holmes as directors, and it was agreed to.
Mr. Duer proposed, and Sung.On seconded, the re-election of Messrs. Gourdin and Downes as auditors.
That having been assented to, the proceedings terminated.
The following is the report :-
I have now to submit to shareholders the annexed annual statement of accounts of the Company, to 31st December, 1889, shewing a profit of $6,230.35 from which has to be deduct- -ed the interim dividend of's per cent declared in August last amounting to $3.218.33 leaving a balance of $3.020.92 at credit of Working Account. It is proposed to appropriate this amount as follows:-
$1.138.30 in payment, of Preliminary Expenses $300.00 for remuneration to Consulting Com- leaving $1,582.62 to be carried forward to new
mittee
to which shtroj.
THE HONGKONG TELEGRAPH, WEDNESDAY, MARCH 26, 1890.
That Article No. 49 of the Company's existing- Articles of Association, with its marginal note be cancelled, and that in lieu thereof the following Article und marginal note be inserted, that is to say, Number of wes
[49]-Every Shareholder (if duly holler enticed registered for one month previous
to the Meeting at which he claim to vole but not otherwise) shall have one vote lor each share up to ten and one vote for ever complete additional number often shares. That immediately after the Company's nex Ordinary Half-vearly Meeting, Article No. 91 of the Company's exiving Article of Association be cancelled, and thit in lieu therefore the following be inserted-1-
"No Ferson shall be eligible to the Office of Director unless he be the halder of at least fifty shares,"
Mr. W. H. Forbes presided, and Messrs. L. Pocanecker, B. Lavton, S. C.-Michaelsen, H Hoppius, E. L. Wondin, and F. Dodwell (directors) D. Gillies (manager) F. Henderson. H. Crawford, H. Humphreys, H. Ancell, and H. E. Clements, were present,
The Chairman moved the resolutions seriatio. Messis. Henderson, Crawford, and Humphries seconding. They were unanimously agreed to and the proceedings terminated.
HONGKONG MASONIC CLUB, LIMITED
The following report will be submitted to the shareholders of the above Club at the third general meeting to be held at the Masonic Club next month:-
17
1
-Two miles and a half.
14 s
ba
tea at the tenth infusion of the same leaves.
very doubtful if any tea can grown outside of China which can do as much; bat perhaps this is no recommenda- tion with foreigners, who generally only require.. one infusion and hence can make even the weak. Japanese leaves serve their purpose. Sume even. ent the leaves with the liquor.
In our own opinion, we repeat, the decline in the Chinese tea trade is due to no deterioration in the quality of Chinese ten, which the Russians simply due to the advantage which its rival the are right in considering as good as ever. It is Indian ter enjoys in cheapness caused by the absence of export duty,
י די
Against such an advantage we fear that the remedies proposed, to employ machinery and to supply a purer article, will avail very little. Tas only effectual remedy will be the reduction of export duty-and-ti dues,-il-practicable. Shin Poo
W
CANION.
(FROM A CORRESPONDENT.)
CANTON, 20th March, 1990.
The coming opposition on the Hongkong- Canton route to the Steamboat Co. and Messrs, Butterfield and Swire is causing considerable discussion here, and much satisfaction i generally expressed that a very irritating" monopoly will be broken up. The policy of the would-be monopolists has not been of a conciliatory character, and more than once they have tried to take advantage of their assumed impregnable position by putting on the screw" on shippers and all this has
on the 31st January Inst, was paid on dac date Mr. Fournel's Matador, 12.Mr. Ruff then pushes forward the balls through this aper ture, from where they fall on to what might be by a cheque on the Hongkong and Shanghai Mr. Schuffenbauer's Blackadder, 11st. gib......
Mr. Callaway 2 described as the bottom of a spiral staircase which Bank, which was cashed the same day. It was endorsed by the prisoner. I remember Mr. A. C. Ram-ay's Othello, 11st. Mr. Ramsay 3 is completely enclosed by a cover made of brass radain the same manner as the sides of the box seeing him on the roth January, about to go Mr. Hough's Hörhet: 1st....Mr. Reid & asked him for his cash balance. He wert toger Mr. Brown's Precursor, 11st;olb:Mr. Hegnauer 6 before alluded to. A boy then turis a hardle; the , and on reja ning said that the bandis Mr. Tullock's Enchanter, 11st.......M). Renny 'o']"balls at the bottom travel up to the next flight, of his safe key was brisken, and he could not get In this rare, six papies faced the starter and their place is filled by oftters paid out by the into the cash box at once. He then went out
Othelin was first over the water jump in Font of man at the box, which in turn are propelled forwards from fight to fight, always turning returning about a quarter of an hour afterwards the Grand Stand, closely followed by Matador, I again asked for the balance and he produced Enchanter and Blackadder At the hurdles,ound, mingling, till the summit is renched, and They fall into a trough or shoot, down which saw the key, the handle of which hw-the-Othelio had fallen back to second place, having they run, finally settling into a large globe, appearance of having been soldered. I counte been passed by Matador. After passing the
il the cash before nie, and said "l'here's some Loongfei jump Enchanter fell, but his rider was which is also made in the same manner as lung more." Prisoner then handed some aot hurt. The others kept on but tailed out described, with brass fod sides aud cross-pieces notes, forget for what amount, but I remember considerably, leaving Matador ahead, with for strength, Fully an hour is occupied in world- ing all the baile through by this process, but when that they made the cash balance I said "Where Precursor second and Blackadder third, in which did you get these? "as the noies did not seem to order the ponica. passed the Stand. On the completed, the shoot is removed, and the brass He second time,round Precursor struck the hurdied of the globeis shut down, Keys are produced have been taken-out of the cash-box.
and fell, throwing his rider heavily and then by one of the officials-who-leaves-the-table, pointed to his safe, and replied "Here." I said
and locks the globe of balls, scaling sante care You have no right to keep cash anywhere rolling over him. Mr. Hegnauer was stunel and except in the treasury; the total cash balance had to be carried off the ground. At the Manufully Handles are ten fitted into each side of must be locked up there every night." On the ment Matador was still ahead with Blackadder the globe, and a boy each side causes the heavy 13th inst. I had occasion to make inquiries at second and Othello third, this order being mass vigorously to rotate for about an hour, when it is left at rest. A short way off, and the Chartered Bank, with whom we have an maintained to the finish,
nearer the door, is a smaller globe, of a similar account.
The prisoner and no right to draw HONORARY MEMBERS CUP-Value Sas, added pattern, and sirings of black balls, 928 in all, so cheques on thit account. I did not authorise
to a sweepstakes of $1.00 each, Catch weigh's many marked $50, so many $100, 1.0f $10,000, him to go there on the 16th January and draw a
over ftat. Winners of any official flu race sigbo0, $10,000, and $5,000, and so on, are all cheque for $25.000, nor did I know, on that date,
71b. Riders who have won any official race checked again by the official who sees thera put that he had done so. It is not a fact that I knew
to carry 5lb. extra. Penalties accumulative.in, the door locked and sealed, after which the efits being drawn, and objected to it appearing in
boys are told off to give the globe a thorough the account between the banks. I have not found any record of the transaction in the books. Mr. Tulloch's Vengeance, 1st. gib. Mr Reynell mixing. Then the drawing commences. At Mr. Crawford's Navior, irst.......Mr. Crawford 2 the bottom of each globe is a long handic, produce a voucher for $21,000 dated the 1st
aid by an ingenious arrangement one push of February, and filled in by the prisoner. It Mr. Schuffenbauer's Vindicator, 11st. clb......
Mr. Ogle. 3. Juliis handle, (which returns to its original outports to show that a cheque for $17,000, and
Mr. Perron's Castigator, 11st. olb......Owner, cl position by a spring), liberates one ball which another sum of $4,000, had been paid in on that day. The $17,099 should have gone through Mr. Renny's Dorin, 11st. 5lb............ Owner drops into a small glass saucer below. The the cash-book on the 31st January. The balance Mr. Gao, Dallas' Quicksilver, 1ist, zih. Owner o handle belonging to the "number" globe, and on the 5th February was allright, but I discovered Mr. Boeing's Trompete, glb. Mr. Read that belonging to the prize" globe are both
worked at the same moment, so that a' a deficit of $29,co on the 6th, for which Mr. O: Middleton's Kingeraft, 1195, 5lb...
Mr. Ramsay "number" ball, and its corresponding priză fall prisoner could not satisfactorily account.
Mr. Fournel's Ques Aco, 11st..........Mr. Kufte, simultaneously. There is a boy standing at Mr. Pollock asked permission to postpone the
Mir. Ellers' Blitz, 113, 5lb. Mr. Edblad och ball. Each lifts up the bail and calls out, cross-examination, which was acceded to.
Ten ponies started, and Quicksilver soon took "No, so and so""draws Sco, or $roo" as the Mr. D. W Gilmour, sub-accountant and the lead, closely followed by Ques Aco. After case may be. The calls are repeated 3 times, cashier of the Chartered Bank of India, Australia, 16th January, about 10.20, he care to our Bank Kingcraft put on a spurt and forged ahead several before them. Each bali is banded unlista on upright files. When the whole 928 are with Vindicator second. Naylor, however, who and said "Can you let me have $25,000 against lengths; then his place was taken by Vengeance, two officials at the table who impate them my cheque on the Oriental Bank account ?" He
was third at the half mile, rapidly drew up to through, the best part of the day is spent, and, we believe, before the prize Het is before, and had forgotten his keys, and. Mr. who came in first, with Naylor second and allowed to be published, the balance of the Herbert was not in the office. I consulted Vindicator third..
balls left in the "number" globe are counted Mr. Anderson, the acting manager, and then
to see if they tally with those drawn,' In
The China Merchants' Company is naturally said Certainly bring along your cheque."
fact, so carefully is everything apparently donexious to meet its tivals on fair terms, and its and the number of checks upon every movement He said "Can you let me have a blank cheque,
connected with the drawing, that we very much.
agents in Canton have been negotiating with the as there are some customers wanting for the
view of securing wharfage, accommodation. the counter, got a cheque,
question whether underhand, practises would be
Captain Koights, of the K'tang-kwan, the pioneer possible. Our unlucky opes may therefore rest and be filled it up. The cheque was cished int
of the opposition, has been up here surveying onre, the money being, prid, at his request, by
satisfied that it is their own unlucky star alone
available places that are alleged to be suitable our shroff to his shroff. He said. "I with replace
which to blame, for their misfortune. No
for a new wharf The spot selected adjoins the it during the day," and about an hour later he
institution could have secure a more spotlessly
Cusionis premises and has long been consi came and told me that he had brought
pure regulation than the Manilla Lottery, and
dered about the best sile in Canton for a wharf, have back the money, asking to
his
were there only the breath of a suspicion
but difficulties with the authorities have hitherto chique returned, as Mr Herbert was annoyed
concerning its integrity it would have proved prevented any active steps being taken to allis having barrowed the money from us
impossible to carry the scheme on for the num
develop it. However, it is now understood I said "Don't bother; write it on a paying-in
ber of years it has now been inaugurated.
that Viceroy Li Han-chang favors the. China it a cross-entry." He
Merchants Co.'s new departure and will do all slip and make replied that Mr. Herbert did not wish it to
in his power to facilitate their arrangements, appear in the account. I asked Mr. Anderson
both as regards wharfage and other privileges. if the cheque could be returned, and, finding
Such being the case there would appear to be had not been entered, he gave permission. I
no reason to doubt that the much vexed question. $1,127.95 accordingly banded it back to the prisoner. He
of increased whart accommodation is now on 5,064 13 did not keep the money more than an hour.,
the road to a satisfactory settlement, With 313.63 That was the first cheque he had drawn on us
regard to the particular locality selected by the on bis Bank's account, and I only honored it
China Merchants' Co., there may be some because I believed his statement.
trouble caused by ihe owners of the manual. » stern-wheelers who now use the rickety pier as a landing stage for a somewhat extensive ferry service; but the Viceroy will effectually quash all opposition from this quarter, should any
The Directors have now the pleasure to sub- mit their third Annual Report and a Statemen of Accounts to the 31st December 1889. After making provision for bad and doubtful debts, there remains a small balance of $36.82 to the It will be observed that all the shares in the reducing the debit of this Account from $1,027-57 Company, have not been taken up although atto $2,990 75. This is the first occasion since the
account.
credit of Profit and Loss on the year's working, and China, said :-I know the prisoner. On the Passing Loonglei gate on the second round!) and then entered by the officials on the lists Hongkong, Cántor, and Macao Steamboat Com
the time the Company was floated they were all formation of the Club that a credit balance has added that he had been to the Peak the night the leaders, but could not overtake Vengeance,
applied for, some of the applications have been cancelled altogether, as it was found impossible "to collect anything from the applicants, but the remainder of the calls will be collected later on with interest from their due date.
The total profit is rather less than in former years, owing to the late rise in value of iron and other material which diminished the returns from contracts then pending and taking this into considerations the result of the year's work may be considered fairly satisfactory.
CONSULTING COMMITTEL.
Mr.J. W. Noble having retired, Mr. W. F. McIntosh was invited to fill his place on the Board. In accordance with the Articles of Association, the present members retire but offer themselves for re-election.
AUDITORS.
The accounts have been audited by Messrs. L Downes and A. O'D. Gourdin who offer them- selves for re-election.
י
A. G. GORDON,
General Manager..
STATEMENT OF ACCOUNTS 31ST DECEMBER,
1889. Assets.
Land and Buildings at Bowrington including the
adjoining property at present occupied by the Steam Saw Mills.....
been shown.
DIRECTORS.
In accordance with No. 74 of the Articles of Association, the Hon. C. P. Chater and Mr. Chas. Grant retire, but are eligible for re-election
་
'AUDITORS.
The accounts have been audited by Messrs.money-?" I went H. Harms and J. Maclense, and the Club, in the opinion of the Directors, is greatly indebted to these gentlemen for their gratuitous services.
---
DALANCE SHEET FOR THE YEAR ENDING 31st
DECEMBER, 1899.. Liabilities Local Liabilities (Unpaid Bills)... Capital Account .....
Assets.
Qutstandings Furniture......p Bar Stock..................'.........inn Hongkong & Shanghai Bank...$ 354x5 Cash (in hand)....
Profit and Loss
Less Balance 1889.
2.95
3,027:57 36.82
PROFIT AND LOSS, Dr.
-$2,533.56 7:3200 $9.853 56
357.10
2 900 75
$9,853.56
To Bad and Doubtful Debts $ 265.55
7,048.67. "Charges.
Goodwill
..$ 87,019.62 5.500.00
Stock, &c.:-
Furniture........
...1,833.68.
Fixed Machinery& Plant 16,692.48
Stack in Trade.
19.310.05
Unfinished work.
4015.02
Local Liabilities
41,851.23 1,138.30
18,463.88
· 545.97
$154.919.00
By Bar.
Liabilities.
Preliminary Expenses
Sundry Debtors.......
Cash on hand..
Capital Account:-
2,560 Shares at $10 on-
applications......$ 25,600,00
1,980 Shares at $10 on
allotment
19,800,00
1,000 Shares fally paid
25,000,00
Balance.
Bowls Büliards.... ,,Cards.....
Cr.
2.08
36.8z
..$1,640.48 1,314.00 710.20 127.70
Subscriptions
11
3.425.50
Interest.................
» Transfer Fees
9. 62 800
" Outstandings
117 62
70,400.00
Mortgage on Land and Buildings ... 60,000.00 Due to Hongkong and Shanghai
Banking Corporation.
5,005.70
Unclaimed Dividends ...
655.00
Leas Interest due on un-.
paid calls
*APTER
472.50
182.50 *5,909.79 3,020 92
$154,519.00
Sundry Creditors ainmannahe Balance
Dr.
WORKING ACCOUNT.
Wages and Materials $57,766.53
Salaries and Office Ex-
penses......
B.752.00
Rent and Taxei..............
2,542.87
Charges,.....
1,209 42
Insurance dan..................on
Auditors' fees..............
252.90 150,00
Balance
Cr.
***
$7.316.30
$7.353-12
-$7,353.02
$7.353 12
W. F. HATHERLY,
Secretary.
Examined and found correct,
J. MACLEHOSE, H. HARMS, Hongkong, 12th March, 1890.
Auditors.
THE EMBEZZLEMENT CASE.
MORE DISCLOSURES,
Leung Su, shroff at the Chartered Bank proved the payment of the amount, and its repayment.
R. Tatadoals, manager of the firm of J. L. Chattoo and Co., said that he paid the draft for $17,000 (produced) on the 31st January.
Kwan Yip, assistant in a native bank, proved the payment of a draft for $10,000 to the Oriental, Bank on the 30th September.
Mr. Wotion: That is the case for the pro- secution. On that evidence I would ask you to commit the case for tial. I understand that
Mr. Pollock intends reserving his defence until
it comes on at, the Sessions. I would also ask, that the bail be not reduced.
Mr. Pollack-I reserve my defence, unless your Worship proposes to deal with the case sum marlly.
His Worship-1 commit it for trial; bail as efore.
NAVAL MANŒUVRES.
We have to report that on Monday and Tuesday the Fleet went round to Tytam Bay, to practice gunnery and evolutions. They have Casualties:-IIM.S. Alacrity all returned. struck a sunken rock, and seriously damaged her stem, necessitating her going into dock Tor- pedo hoat No. 18 bent her propeller shaft, and
had to be towed in. Ditto No. 8 was injured in collision, H.M.S Imperituse, whilst coming to hermooringslist evening (21st inst.), carried away the jibbcom of the Leipzig, and had several of her boats smashed as they hung in the davits, Likewise one British tar lest a finger. A request has heen bent to the Admiral to bench the
The CONSOLATION STEEPLECHASE, value $25. added to a sweepstakes of $300 each. Pre vious winners of a hunt or steeplechase prize excluded; ca ch weigh's over ist half entrance fees to second pony, From Widow's Monument once toùsad and in.
Mr. Gehardt's Goldfuchs, 12st, olb. Mr. Raff i Mr. Midwood's Rainstor, frst, 1lb.......Owner o Mr. Liddell's Bagshot, 11st, 10th......Owner o M. Lalcaca's Dibutz. 11st. olb, Mr. McCostly o In this race only four ponies started, and it was soon seen that G. Idfuchs had it all his own way, fur the other ponies refused the jumps, leaving Goldfuchs to come in by himself. Much amusement was caused by the futile attempts of the other riders to induce their ponies to take the jumps and burdles, Rainstor dropped his sider abreast of the Grand Stand but Mr. Midwood plackily held on to the rains and remounted. The BELF STAKES, A handicap for heavy weight
riders, Entrance, $3.00.
Mr. O, Middleton's Veteran, golb......Owner I Mr. O. Middleton's Kingcraft, 190lb. Mr. Tripp 2 Mr. Woodward's Wallaby, 1851b.......Owner 3 Mr. Schuffenhauer's Mestizo, 194lb......Owner.4 ...Owner o Mr. Moore's Craiser, r&olb.....
Five pories entered and started well, but Cruiser took the lend, which however be could not maintain, and at the half mile Cruiser was last, with Mestizo. first, Veteran second, King craft third, and Wallaby fourth, Kingcraft made an effort and took second place in the straight, but could not overhaul Veteran, who had passed Mestizo. Wallaby was third, BAREBACK RACE, entries ($1.co) to close on the ground; three-quarters of a mile; surcingles allowed. Catch weights, Enchanter. ..........................................Mr. Renny Flying Dutchman.............Mr. G. Dallas 2 No Name....................... Mr. Edblad 3 Ten ponies' names were put up on the board, but they did not all run. Most of the riders appeared to be as much at home riding bare- backed as if they had been in anddies, though one or two were not so comfortable. No spills occurred and the race was won as above..
THE MANILA LOTTERY.
to the
THE TEA TRADE.
The depression in the tea trade reached the lowest depth yet known in 1899, when the losses to Chinese ten merchant amounted over Tis. 5,000,000. Such a depression inclines many to Joubt if a revival is still possible, The native banks have not suffered yet to any great extent by the losses of the teamen, as the latter hand not borrowed to any great extent from them, and therefore underwent these heavy losses without involving the banks. The banks, however, while congratulating themselves on having come out of it so well last year, are this year very chary of making advances for the tea season. By 15th March, 1889, they had tent here about Tls. 1,000,000, and on 15th March, 1890, sa far as we can learn, they have as yet advanced next to nothing, The fea-season is likely to commence later than usual, partly owing to this cause and partly to the fact that many Chinese firms, warned by the number of failures last year,
have ceased to do business in such an uncertain
article as tea has lately, proved itself."
At Hankow the principal Chinese tea firm is the old established Tsßên Shên Ân, next to which in the magnitude of the business done come the Ch'un Hwa Siang and the I T'ai Ch'ang. The second-mentioned has, we, hear, borrowed little or nothing as yet from the Hankow native banks, the first-named is
said to have obtaind from them advances of
a considerable amount after China New Year, and the last-named, the I T'ai Ch'ang, is said to have been accommodated to the extent of over Tls. 100,000, intending to carry on the campaign this season with still greater energy than the Slang, bas started. The remaining old native houses seem to be in a manner paralysed by the bad results of last year's operatione.
and- not been forgotten. Canton traders tex-men have not had the best of times thesa past few years, and certainly their prospects. have not been improved nor their lots made more comfortable by, the dictatorial and uncom promising attitude of the China Navigation and panies. There is, of course, no desire to go back an ike old Companies, who must, after all be credited with having kept a most efficient service on the river; but it is held that the advent of another competlier places both shippers and passengers in an independent position, and there fore the opposition is hailed with favor.
arise.
Talking of wharves, I fancy but few people are aware of the splendid wharf that has lately been constructed at Matou, only a short distance blow the red light, for the cruisers of the" Viceroy's and Hoppo's squadrons. It must be several hundred feet long, and as there is plenty of water alongside the solidly built wall, the largest vessels can lie alongside without difficulty. The space behind has been reclaimed and levelled and there is ample room for spacious godowns, It is reported that the bund will be continued from here right up to Shameen, and if so Canton, from a business point of view at least, will be improved almost beyond recognition.
An Eyewitness" sends the following to preceding onc. A new firm, the How Thing to prevent the "obstruction being cleared away
Kobe Herald:
The Manila Lottery has become, to a great extent, a recognised institution throughout the Fortune Far East, and is regarded by most people as a medium for innocent speculation. smiles and often will continue to smile on some, while the greater majority of speculators, in spite of the most evident perseverance on their, success. The enquiry has alten part, fail
Forty-two new Canton firms, and two new Shansi ones have started, with perhaps others, and in the tex-growing districts of Yang-low-tung and Chang-show-kai in the hills, the agents who purchase tes from the growers had already made their a rangements for renting premises before
Latest rumours regarding the Back Reach are to the effect that this useful channel will once more be open to navigation in August next. A portion of the piles and other rubbish has already been cleared away, arid I have actually been told that even now the channel open is quite wide enough and deep enough to allow a steamer to piss safely through. The silt is not nearly so much as wAI expected, and there are no difficulties whatever in a few weeks if actively taken in hand. We shall all be glad to have the steamers from the North coming right up to the Canton anchorage as of old, instead of discharging their cargoes at Wham on at very great expense, and to the serious China Merchants' steamer Hsing-sing is here inconvenience of everybody concerned. The now, lying off Shameen, she having brought up over four thousand packages of merchandise on a seven feet draught. She will leave on Saturday is again some talk of Siemssen & Co.'s steamers whether or not there is any truth in the report attempting to come straight up to Canton, but. as not in a position to say. No doubt if their water ballast were pumped out they could get over the Salt Fints all right at almost any stats of the tide.
Squadron, so as to prevent their being sunk by been heard as to whether the drawings,are 'China New Year, and so we may expect that with as big a cargo as she brought. There
any sampans,
SHANGHAI PAPER HUNT CLUB RACE MEETING.
conducted in a fair and square sort of way: whether any magical arrangements do not exist to bestow peculiar advantages on certain indi viduals most directly concerned in conducting the drawing. I have had occasion to be present at one of the monthly drawings of the great Manila lottery, and the system adopted appeared to me so admirable and straightforward that I think a short account of my experiences may not prove uninteresting to your readers, and may remove the erroneous opinion that prevails amongst many as to the unfalmess of the ipitery and its drawings: The drawing takes place in a
although the tea season may begin later, the business with those two districts will be as brisk at ever, though the tea-growing districts of Chang-yang, Tangshan and Han-ning will miss some agents who went there last year.
To come to foreign bongs we hear that Yan Fang will do nothing in lea this year. It is also rumoured that four others, Li Ki, Talien
There is not much excitement, here in connection with the proposed visit of the Duka Tol, Hwa Ki and King Ki will do nothing.
The Russian black tea exporters were last of Connaught, and 1′ don't know if any special, year hampered in their operations by a dread of
The new Shameen Hotel is rapidly approach-, indian tea, being used to adulterate the Chinese arrangements will be made in his honour.
At the Police Court this morning (24th inst.), before Mr. Wodehouse, John Gray was charged on remand with the embezzlement of $29,000 belonging to the New Oriental Banking Cor.
WEDNESDAY, 12TH MARCH, 1890. poration. Mr. Wolton prosecuted, and Mr. Pol -$70,673-72 | lock, (instructed by Mr. Wilkinson) defended.
The weather during the first part of the after- Interim Dividend @ 5 per cent. 3.218.33 Mr. Wotton reminded his Worship that on the
noon was threatening and it is not to be wonder 3,020.6z
Jast occasion but one he had intimated that it was very likely he would have to make a further charge ed at that there was not a large attendance at $76,912.97
| against the prisoner. He was now prepared to do the Grand Stand. The Stewards fortunately got large room in one of the public offices. On the leaf. Several Shansi firms of hundreds of yearsing completion and ought to be open to 4, and he would ask that the following be added the events through without any unnecessary day appointed the doors are thrown open to the standing, who enjoy the entire confidence of the the public by the end of the present month. $75,050.29
to the charge: "That the said John Gray did regrettable accident in the Club Cap, was
Russians, nevertheless did a good business with the public by the e a The wilfully make false entries, in words and figures, 1,853.68
In the bill register of the said Bank, namely, by Band was in attendance and played several selections during the afternoon, while refresh. entering a bill on Hip On, for $10,000, due on ments were supplied for all who required them. the 30th September, 1889, as due and paid on the 1st October, anda bit on Kwang Chung Tal Append d are details- and Co., for, 8000, in the same way, and did wilfully make a false entry in the cash-book by entering $17,000, being part of a sum of $21,000, as paid on the rit February 1890, whereas it was paid in on the 31st January. That charge was made under Ordinance 6 of 1865, section 6, He proposed to produce evidence to bear out the charge, and then leave the defence to state their position.
Gross Earnings Interest Transfer Fees
9.00
$76,912.97
E., & O. E.
A. G. GORDON, General Manager. We have compared the accounts with the books and vouchers at the Company's office and
found them correct.
L. DOWNES,
Auditori.
A. O'D. GOURDIN, į Hongkong, 7th March, 1890.
HONGKONG AND WHAMPOA DOCK COMPANY, LIMITED.
Mr. Herbert was then recalled, and said
ONE MILE RACE f. Sweepstakes of $3.00 each. Catch weights over fast. Winners of any
official flat race 7lb. extra.
in
probably not more than would accomunate is then. 100 persons, and there might be standing room for perhaps 50 more near the doors. The rest of the space, and by far the greater portion of the-room-isengaged by the mechanical arrangements employed the drawing, near to which the Government Officials occupy station. On entering the room, a long table lk to be seen occupying the entire breadth to the sight, covered with green baize, around which are seated: 4 or 5 officials with, pens, ink and paper before them. The preliminaries Mr. Crawford's Venture, Owner, 4 commenced at 8 am, and I observe that the Mr. Arbuthnot's Dunettar, Mr. Perrett o actual "drawing" operations were conducted by one man and two lads. First, inmediately Mr. Hough's Oeuf Byrd, ..........Owner o Mr. Callaway's Clodhopper, Owner of facing the door, and in front of the officials at Mr. S. Walker's Calanda,...........Mr. Read o the table, there was to be seen an oblong box, placed op supports about 3 feet from the ground. Dead heat.
The box is open at the top and its sides are formed of brass rods placed horizontally, so that
Mr. Gebhardt's Goldfuchs, ..........Mr. Ruff Mr. Franklin's Monts, Christo, Mr. F. Dallas Mr. G. Middleton's Veteran, Mr. G Dallas
the site of the old Concordia Hall, is a very, 'bandsome structure, This dislike of the Russians of Indian tea is and its situation is convenient and leaves encouraging in the face of the constant tirades little to be desired, being quite close to, the which we are treated by the European. press on British Consulate (and the Municipal Police the supplanting of Chinese tea by Indian, which Station) and within a few minutes! walk of the they, assert to be advancing with such alarming rapidity. It confirms us in a suspicion that the Hongkong steamers. The bedrooms have been very handsomely furnished by the Hongkong. principal recommendation of Indian tea is not Trading Company (late the Hall and Holtz Co. to exceecdote, but its cheapness, which it owes the large dining room and sitting rooms aro suitably appointed, and so far as I could see We have tasted Japanese tea, another rival of when visiting the place yesterday, the hotel only its freedom from export duty. Chinese, though very different in quality from requires the bar and billiard-room requisites put Indian, which is black, while Japanese is green, in order to be ready for the reception of the public. That the Shameen Hotel will prove a The cup, we sampled was some brought to China from Japan, not intended for export to great boon to travellers as well as to residents Europe or America. It was delicate and fragrant, on Shameen cannot be doubted, and their is but better to smell and look at than to drink a every reason to conclude that, urder pinper smoky flavour was perceptible with the first management, it must turn out a paying concern. For months past rumours have been prevalent mouthful, and the second pat made from the leaves was like water. The Japanese soil is that a new Customs shed was to be built in place of the ramshackle structure that has done duly and lead by a couple of lengths, with Oeur while the contents are quite visible to any one thin and wanting in solid constituents, and its
forss long. I believe there is some truth in the rent from Chinese Hyson.
report, but the final decision, on the matter resta An extraordinary meeting of the shareholdersed the, entry. There is also an entry of Byrd second. At the three-quarter mile, Monte in the 'room: the bars are not wide enough product delicate and ephemeral, and very diffe.
Christo came along very well and led, but at the apart, for any ball to get out, Strings and of the above Company was held this afternoon a bill on Kwing Chung Tai, for $900, Monument Goldfuchs passed them all, with strings of balls about the site of an ordinary
At Shaobing a friend sent us some ming,is'fen | with the Inspector-General at Peking, to whom solitaire marble, numbered clearly from 1 to (24th inst.), for the purpose of confirming the similarly altered. The effect of these entries Monte Christo secord and Veteran third. Gold on the tide of each, are then produced, Plagency tea. Ming-trien is so called because it is said to bave been referred.
was that he had those amounts in hand
Mr. Byworth, for years chief examiner in the following resolutions —
on the 30th ́ ́ September, and was so ablefachs-maintained bis lead to the end, and a fine and after being carefully checked by theofficials, gathered before the Ch'ing Mig anojversary,
race between Monte Christo and Veteran ended the strings are cut and the balls allowed to fall and thus still earlier than Hyson, which means Customs here, bas been promoted to be Assistant That at the end of Article No. 11 of the Com-
In a dead heat for second place: Venture was Into the box! When the entire 40,000 balls are before the rains." It was excellent both in Tide Surveyor at Macao, and shortly leaves here pany's existing Articles of Association, there.
fourth. Time, zmin. 158cc.
in, the box appears about half full, and for nearly colour and flavour, but only stood two infusions. te taice up the duties of his new position: Mr. be added the following words, with the
The bonze Ka Tao, in charge of the Wan Byworth has been generally popular and will be following marginal note, that is to say,
The CLUE CUP-Value $5o, added to half of the half an hour its contents are stirred vigorously Eliot on holdiga No Shareholder, whether an in-
entrance fee of $3.00 each; the other half of by the attendant with a wooden spade On a Nien Ste Monastery on Tientsisban, once gave greatly missed in Masonic circles; he having been the entrance fees to go to the second, pony, word given by a senior official the small door me some tea called, Punwu, Mis-cloud," a leading light and taken a great interest in the. dividual, Firm, Company, or Cor-
Twice round the Steeplechase course. Catch (sufficiently large, to admit about half a dozen because it grew on the top of the Tien Tai raft. Mr. Conkling, who will be rellored at poration, shall be entitled to hold
weights over 11st. Winners of the Grand balls at a time) is opened on the left hand side mountain, where there are almost always Macao by Mr. Byworth, has been transferred to at any one time more that One
National 141b, extra.
of the boy dear the bottom. The attardant clouds testing. It gave an excellent pot of | Shanghali N Thousand Shares/
Ska,wat dan prehodieten21 ft-
sharon
I bave examined the bill register. It was kept by the prisoner. It contains an entry of a bill on Hip Os, originally entered as being due on the 30th September, but since altered to October 1st. It is also entered in the paid register an paid on the latter date. The alteration falsi-
to make his cash balance, appear correct. His cash balance was $15,896, whereas it should have been $37.796 I Inspected the books on that date, and found that his cash and his accounts talled. If these entries had not been made there would have been a deficit of gregon. The draft for the $900 (produced): is endorsed by the prisoner. The draft on Jafferbhay Chelly (produced) for $17,000, due
Eight ponies started in this race and got away well together, but Dunottar soon forged ahead
•