Entimations.
DAKIN BROS. OF CHINA,
LIMITED,
DISPENSING CHEMISTS. AERALED WATER MANUFACTURERS, WINE, SPIRIT, AND CIGAR IMPORTERS.
SCOTCH WHISKY,
IN consequence of the increasing and frequently expressed appreciation of our special blend of OLD SCOTCH WHISKY we bava entered Inte an agreement with the distillers whereby
THE HONGKONG TELEGRAPH, FRIDAY, AUGUST 1, 1890.
Tux silk ez Batavia was delivered in New York MR. ERNEST BINZON was under examination on the 30th ulto.
ACCORDING to the Shinonome Shimbun there are now over seven hundred foreigners residing at Hycigan, Kyoto, an increase of one hundred and fifty as compared with last year. LATE news from Capetown announces the resignation of the Ministry, owing to the rejec tion by the Cape Parliament of a large railway scheme, and the formation of a new Cabinet by Sir Cecil Rhodes. Serious troubles would appear to be brewing in South Africa, and it is a significant sign of the times when we find that the British subjects who were tried for mobbing ago, have been acquitted by a jury composed of Boets.
In the Bankruptcy Court last month, and stated that when he came of age he owed £70,000 for debts incurred during his minority; this he paid out of the £210,000 which he had coming to him, and the remainder he had lost in the course of two years in gambling, betting, raclog, and pigeon-shooting,
UNTIL this morning we had no idea that the Argyll and Sutherland Highlanders possessed a champion kicker. It is a fact, however, and he experimented on an unfortunate puskah coolic last night in Wanchal and fairly kicked him from time almost into eternity. The unfortunate coolie is now lying, half dead, in the Civil in the Central Station lock-up, where he was deposited by Inspector Swansion to-day,
HER Gracious" has most generously donated £50 to the Stanley Fund for placing a steamer on the Victoria Nyanza. If the old lady continues this course of reckless extravagance, it is quite on the cards she may yet end her days in the peaceful repose of a suburban work-house. Br London telegram to the Pioneer dated July 5th, we observe that the once invincible Renshaw has again suffered defeat for the lawn tennis championship at the hands of W: J. Hamilton, the Irish crack. It appears to have been a close match, the Irish player wlaning by three setts to two games to 18. THE steamer Yunnan left Haiphong for Lao-kay on board, in addition to M. d'Abbadic Mr. Jack, superintending engineer to Messrs. Marty and
Mr. Brodie-May I ask if the new steamer is fully paid for? You said she was late in being delivered, an you have considerable claims have you the money-in hand?
The Chairman-I regret to say that she is all paid for.
Mr. Brodie Then you have no money belong inglat Chairman-All the instalments have
the builders,
been paid.
Mr. Brodie-That is a pity,
Kuhn has decorated his store, in a manner alike artistic and effective, and visitors to the new Ast Gallery will find the place a striking revelation of the Land of the Rising Sun, Mr. Kuhn's splendid collection of Japanese articles du luxe et vertu has" never been approached in them clony, equally as regards, number, variety, artistic taste, uniqueness, and intrinsic value.
wa are guaranteed a practically unlimited supply President Kruger at Johannesburg some months Hospital; while "Tommy Atkins" is lying iff on the evening of the 22nd July. There were last August it was stated - A steel twin-screw "curios" will find a wide field for selection,
for an unlimited lime.
Many popular brands of Scotch Whisky are aaid to have fallen off in quality, we can now guarantee that our own blend will be ALWAYS THE SAME. Judges of good Whisky are recom mended to try a sample battle.
Per doren $10.0, Bottle $1.
(Telephone No. 60.),
Nos. 12 & 24, QUEEN'S ROAD CENTRAL
Hongkong, 28th July, 1890.
[52
A CORRESPONDENT writes as follows:-"Why do the Portuguese so furiously rage together? The last Consul told me there were only six pure bred Portuguese in the colony," Examination el Barradas' books and vouchers made by Mr. E. J. Ackroyd Prosecution by same at the Criminal Sessions failed in three out of four counts. Bth "Two student interpreters have applied for Lister's vacant positions in the Post Office, and one for the post of Treasurer' Not one of the three understands book-keeping." THE Financier describes Mr. H. M. Becher, the Punjom Company's gaa-bag manager, as the "great mining authority of the Malay Peninsula." A. S. WATSON & CO., LD. This is rating friend Becher very high. If the mining prospects of the Malay Peninsula rested ESTABLISHED A.D. 1842.
on no better a secordy than the authoritative statements of Mr. Becher, we should regard the MANUFACTURERS OF AERATED WATERS,
prospects of the Punjom Company and other similar enterprises as next door to hopeless, Becher, it is quite evident, is better known and more highly appreciated in China than in *London.
BY APPOINTMENT.
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. ances for ensuring purity in the Water-supply, to secure which we bare added a Condenser cap able of supplying us with 3,000 gallons of distilled water a day, and are now in a position to compete in quality with the best English Makers. Our Sweet Waters cannot be surpassed anywhere,
The purest ingredients only are used, and the utmost care and cleanliness are exercised in the manufacture throughout.
LARGE BOMBAY
"SODAS"
We continue to supply large bottles as heretofore, free of Extra Charge, to these of our Customers who prefer to have them to the
ordinary size.
COAST PORT ORDERS. whenever practicable, are despatched by first steamer leaving alter receipt of order.
FOR COAST PORTS, Walers are packed and placed on board ship at Hongkong prices, and the full amount allowed for Packages and Empties when received in good order.
Counterfoil Order Books supplied on applica
tion.
Our Registered Telegraphic Address in, "DISPENSARY, HONGKONG,"
And all signed messages addressed thus will receive prompt attention.
The following is a List of Waters always-
kept ready in Stock:--
PURE AERATED. WATERS
SODA WATER
LEMONADE
POTASH WATER
LITHIA WATER
SELTZER WATER.
SARSAPARILLA WATER
TONIC WATER
GINGER ALE
GINGERADE.
No Credit given for bottles that look dirty; or greasy, or that appear to have been used for any other purpose than that of Containing Aerated Water, as such bottles are never used again by us.
A. S. WATSON & Co., LIMITED, Hongkong, China, and Maulia.
The Hongkong Telegraph
HONGKONG, FRIDAY, AUGUST 1, 1890,
LOCAL AND GENERAL. THE Kobe Skimbun says that 4,805 cases of new tea were shipped for San Francisco, via Yokobama, per the O. & O. Co.'s steamer Belgic on July 13th.
A REGULAR meeting of Zetland Lodge, No. 525, will be held in Freemasons' Hall, Zelland Street, this evening, at 8.30 for 9 o'clock precisely, Visiting brethren are cordially invited.
THE discoveries made by Stanley, according to that first-class bushwhacker's accounts, show that the Nile is the longest river in the world and at least four thousand one hundred miles in length.
A JAPANESE native paper says that owing to the cholera epidemic in Nagasaki, the number of visitors to Japan this year from Hongkong, Shanghai, Saigon, and other Oriental ports, is comparatively small.
THE German steamer Hesperia, which arrived from Kobe this morning, reports that after leaving on the 25th olt, whilst in Van Dieman Straits, she expt.fenced the tail-end of a typhoon, She reports no damage,
Robinson,
Two arms dealers, of Queen's Road West, who were arrested by detectives on the 28th alto, for being in possession of dynamite, stowed in their premises, without a permit, were fined $50 each this morning at the Police Court by Mr. MR. EDMUND WOODHOUSE, at one time editor of the Times of Ceylon, has taken up the editorship of the Penang Gaselle, the late editor and present proprietor (Hon. J.Y. Kennedy) being unable to devote sufficient time to the proper supervision of the paper.
Celler. Coote, Willama.
THE Band of the A. & S. Highlanders will play the following programme at the Barrack Square, this evening, commencing at 7.30 o'clock:-
March......The British Lion"......Sith. Tancers Favat up Leich
Low. Valse at Old China
“A sammer night in Polka Quadrille Viadrapelle, Celop ...............”. We would remind members of the Hongkong Jockey Club that a meeting, to arrange for the Subscription Griffins for next racing season, will be held at the Hongkong Hotel to-morrow at 12.30 p.m., when it into be hoped there will be a large attendance, including a majority of the Stewards, one of whose special functions it is to be present when such important matters aro being decided.
A "MYSTERIOUS disappearance" is reported from Calcutta. A Mr. Exa, member of leading family in the City of Palaces, went to Chader- esgore on a short holiday and suddenly dis- appeared, and although a reward has been offered, no information as to his fate or where abouts has yet been obtained. Chegchen la femme! We wonder if the missing one can be our absent friend "N. J.,” a prominent light on the local Ristio i
THE Brazilian legislative body, it appears, is to consist of sixty-three senators and 200 delegates. When the new hedy meets nuid becomes thoroughly organised, the Provisional Govern. ment will place in is hands the functions of the Government, exercised since the inauguration of the Republic. The Constitution adopted, and which is subject to revision by the legislative body when it first meets, is similar to that of the Upited States, with certain exceptions that have been necessitated. The President will hold his office six years, and will be ineligible to re- election for the succeeding ten years. MAJOR M. S. BROWNRIGG, half-pay, late Oxford- shire Light Infantry, says the Army and Navy Gazette, accompanies Major-General Edwards to England after an unusually valuable experience as aide-de-camp. Major Bownrigg accompanied his chief to Australis lately on his tour of inspection, and performed the duties of Military Secretary As Secretary of the Hongkong Defence Committee he has been indefatigable. It is not unlikely, therefore, that same steps will be taken to recognise his services. [It would he of interest to know how far this eulogium would be confirmed by his subordinates in Hongkong.
Ed]
A HYDERABAD venacular paper gives currency to the following curious story: The daughter of a respectable English gentleman living in Chudderghaut fell in love with one of the Arabs who formed the guard at her father's gate, The cause of her attraction was that he was a goed singer. The wikka ceremony was performed by an Arab chief, as is their custom, over dates. The Kazi did not wish to enter the marriage in the register, but the young lady went to live with her bridegroom and his comrades in the guard who subscribed between themselves Rs. 7,000 as her dowry. The parents are said to be dis. satisfied with the marriage.",
A COUPLE of wayward youths in the service of some of Messrs. Lane and Crawfords employees were "run in" to the Central Police Station last night and brought before Mr. Robinson at the Police Court this morning, w.ere they were charged with stealing cigars, champagɔe, socks, cocaz, scent, glasses, sauce and singlets to the value of sixty dollars. One of them admitted that he "made" four boxes of cigars; while the other, in defence, stated that his chum did all the pidgin, and he merely bought some trides from him to show there was no ill-feeling, and to help him along; The case was remanded until Monday next, the Magistrate refusing bail for one, and accepting $1,000 in one surety for the other, FROM the returns compiled by Lloyd's Register of Shipping it appears that, excluding war-ships, there were $43 vessels, of 863.678 tons gross, under construction in the United Kingdom at the close of the quar.er ending the 31st March last. Of these, 38z, with a tonnage of 744,917, were of steel; 57 of 21,291 tons, of iron; and seven of 1,330 tons, of wood and composite; making 446 steam vessels, the remaining 97 were sailing vessels with total of 9'1,240 tons. Of the total tonnage under construction in the United Kingdom, excluding vessels being built for foreign owners, nearly 92 per cent, was under the supervision of the surveyors of Lloyd's Register, with a view to special classification, WHERE ignorance is bliss, etc. A mud-headed scribe in the China Mail says that the P. & O. Co.'s steamer Oriental bas "beaten the record," but he does not say whether it is by baving delivered the mails from Hongkong to London In 26 days 13 hours, or in having steamed from Singapore to this part at the rate of 15 knots an bou, making the passage in a few minutes over four days And he doesn't say what record the Oriental has beaten. There is no doubt that the P. & O. steamer is a fine vessel, and it is quite certain that if pit to her best she could materially improve on 15 knots, but that is no excuse for the ridiculous assertions made by authorities of the "Maiden Libeller" type. It is now many years since the Stirling Castle made the run from Singapore to Hongkong in 3 days 18 hours, and this record has more than once been very closely approached by the steamers of the Norddeutscher Lloyd. The Stirling Castle, it will be remembered, steamed from the Red Buoy at Woosung to Gravesend in a irifle over 35 days had she carried mails and sent them via Brindisi from Sues they would have been delivered in London in about three weeks from Shanghal. THE statistics of the Alice Memorial Hospital 'for July, are as follows →
In-Patients retaining in, Hospital on
1st July.................................. $$ In-Patients admitted to Hospital during
July
75
Total number of In-Patients treated......
Of these there were 1.
Discharged cured yo..................ame Discharged relieved .................................... Discharged on other grounds,................. Died in Hospital GIRASS
40
25
|
steamer: Lieut. Lapied of the French cruiser Comile, M. Lion, director of the Public Works department, M. Salabelle, chief secretary of the Customs, and M. de Cuers de Cogolin, editor of the Courier d'Haiphong.
A "Boy" who had been for the past four years in the service of Mr. Daniel Haywood, overseer in the Public Works Department, was up before Mr. Robinson this morning at the Police Court and charged with robbing his master of $63 in bard cash. His Worship, after hearing the evidence of Detective Sergant Haddon, who proved that the prisoner had a duplicate key of his master's chest, committed him for trial at the next Criminal Sessias.
SHIP-OWNERS and Master Mariners will be Interested to know that the United States Govern- ment has at last taken steps to determine the advisability of the erection of a new structure at the Delaware Cape to take the place of the Antiquated breakwater, which has proven itself an inadequate protection to vessels in time of storm. In consequence of the refusal of the breakwater many lives have been sacrificed American Government to enlarge the Delaware during the past few years.
A LONDON ing called Industries says that "d'Abbadie, and M. Repien, purser of the very common impression is that Hongkong is only a mercantile emporium or centre for the distribution of merchandise all over China and neighbouring countries. It is, however, develop ing into an industrial centre of considerable importance. It has now three large sugar refineries, which have practically monopolized the trade of refined sugar in China and Japan," And now who is the numskull who planted this tommy-rot on our London contemporary? THE naval correspondent of the Globe writes: Messrs. Maudslay have good reason to be proud of the engines they putinto the Impérieurs * long ago as 1885. The ship has now been 6fteen months in commission, ber measured mile speed was 16'75 knots, and news has just come from China that between Wei-hei-wei and Chefoo she carried out her periodical fall-power steam trials, and realised a speed of 1684 knots. There is nothing remarkable in this. If engines and boilers are built rufficiently strong to stand wear and tear they are bound to improve in their performance, as the officers and men get used to them. This is almost always the case with our that ads; it is only the weak and fragile cruisers that squeeze out a power on the contractors' trials which they will never develop again, THE Japan Herald of July 21stsays-Pilgrims THE report of the special commission sent out to Fujiyama will find their difficulties increased by M. Brunet, the liquidator of the Panama if they attempt to make the ascent this year. Canal Company, to investigate the condition of the. The season would appear to have been back-canal, estimates that it would cost $180,001,000 10 complete the canal on the lock system, and ward, as we learn from a private letter that the mountain was only officially opened on the 16th the paried required would be seven or eight Instant This was probably the effect of the years. This amount is $8b.co0,000 in advance exceptionally cold weather we had at the com- of the recent estimates of the French, engineers mencement of this month, when the upper at the Isthmus, but $120000,000 behind the portion of the mountain received a fresh covering calculations of Faglish and American experts. The value of the existing material and work per- of snow. We learn from the same letter that a great part of the woods that surround the base formed to represented to be $93,0:0,000.. The had been carried away by an avalanche, and face value of the bands was about $500,00 2,000, beyond that, on the open side of the mountain, but $280,000,000 probably represents the actual the road was so bad that a gentleman who amount of money put into the canal. For there attempted to make the ascent returned after is only $90,000,000 to show in material and reaching the first station. The usual conflagra work, About $190,000,000 has been sunk in this tions seem to have set in amongst the villages wretchedly managed enterprise. That amount in the hills with unwonted severity. Half of stands for the plunder of the contractors and for Subashiri was burned down on the 15th, and waste. It is a most appalling record of corrup-. Kawabata, the village below Hatta on the tion and inefficiency, which furnishes the Tokaido, has also been burned,
strongest possible argument against the continuance of the present management of the canal.
"DAGONET" doesn't seem to have had a picnic at the Derby. He sayı :—
F
Mud in my eyes, and mud on my cheek, My hat that drips, and my boots that leak, And a voice so hoarse that I scarce can speak-
That's how I went to the Derby.. ›
A fight with a man at the station-gate, Apoplexy through being late,
A score in a carriage that seated eight-
That's how I went to the Derby, Never a cab for love or oof, The dye running out of my waterproof, Through chalk and water 1 pad the hoof-
That's how I got to the Derby. Smashed and crushed in a crowded pen, Bruised and battered by bustling men, A lamb in a roaring liao's den
HONGKONG, CANTON, AND MACAO STEAMBOAT CO., LTD.
The forty-eighth half-yearly meeting of the shareholders in this Company was held at their offices, lank Buildings, at noon "to-day. The Hon. P. Ryrie presided, andthere were present: Messrs. E. R. Delilios, L. Poesneeker, F. A. Gomes, Lee Shing (Directors), D. Glilies, J. D. Humphreys, W. H. Ray, F. Dodwell, W. G. Brodie, E. Watson, F. Henderson, S. 1. Danby, 1. F. C. da Reza, E. J. Moses, A. S. Cohen, J. B. Elias, E. E. Elias, H. Gomes, Ho Tung and several other Chinese, and T. Arnold (Secretary).
The Chairman said-You have had the report before you for some time-1 regret that it is not. such a favourable one as we have been in the habit of presenting, but there are several reasons
That's how I saw the Derby. The favorite's beat.1" the millions cry, The next umbrella extracts my cyc, And I've laid two thousand to one with Fry for is not being up to the usual standard. First
That's how I liked the Derby,
I've lost my temper, I've lost my tin; Where is my watch-my chain, my pin ? And my boots are letting the water in That's how I left the Derby.
A couple of doctors by my bed,
A block of ice on my turning bead, And somehow I wish that I was dead- That's what came of the Derby. The brokers in on a bill of sale, Pills and potions of no avail,
A jerry-built tomb with a rusty rali-- That's what came of the Derby,
R. I. P. on a soot-grimed stone, And under my same these words alone: "The biggest juggins that ever was known"
Mr. HoTung-Can you tell us the total amount of her cost, laid down in Hongkong? Is the amount set down in the balance sheet the whole or part of it ?
The Secretary-In the report of the Directors eamer for the Macao trade, to be named the Heung-sins, bas been contracted for with Messrs. Ramage and Ferguson, of Leith, to be elivered there on the 30th November next, for the sum of £33 950, to which will have to be added the cost of certain extras, amounting to about £1,003, not covered by the contract, and the expenses of the voyage to Hongkong." There is still a portion of the expenses of the voyage to be paid.
Mr. Ho Tung-Then the total comes to about 34,000, besides the £1,000 extra? The Secretary-Yes, and the expenses of the Voyage out and docking her when she arrived. Still, all these items, of course, we expect ta' recover from the ballders. The cost of the steamer will not exceed the original estimate.
Mr. Ho Tung-The exchange, of course, has been in your favour?
The Secretary-That was scited long ago, what appeared to be a very favorable rate of 3/31 was'arranged.
Mr. Ho Tung-What do you propose to do with the Heung-than in future ? Owing to her deep draught she is unsuitable for the Macao line, and I don't think she is useful for the Canton line.
The Chairman-Well, I don't think her The Chairman-Wel
The Secretary-A boat with a heavy weight bike that must have a heavy draught or she will not steer. She has proved herself suitable for the line so far; once a fortnight, we know, she will hare some difficulty in getting into port unless she hurries up. If you gave her less draught sho wouldn't steer in a heavy ses..
To enumerate the thousands of fine specimens of Japanese art and manufacture so temptingly displayed in all directions would entail more time, and occupy far more space, than we can, afford, and we would therefore strongly recom- mend all who are interested to pay Mr. Kuhni visit at the earliest opportunity. Collectors of what are vulgarly and erroneously termed from carvings in ivory and bronze, costing only a trific, to magnificently inlaid screens, gems of lacquerware, rare porcelain, ancient Vases, and bronz.s, valued at hundreds of dollars, Ladies looking for unique and tasteful decorations for their drawing-rooms will have no difficulty in fulfilling the most exacting require- ments, and in the large assortment of handsome, cosy and biilliantly colored robes, dressing gowns, etc, for which Japan is so famous, they will he sorely tempted; while the ordinary visitor will be shown an admirably selected stock, including scores of useful and pretty articles, suit able as presents both here and at home. Aspecial feature in Mr. Kuhn's establishment, and one ́that might be generally imitated with advantage, is that all purchases are carefully packed by an experienced Japanese, so that danger of breakage is reduced to a minimum and a vast deal of trouble saved the purchaser.
Kuhn's Art Gallery is one of the most interes- ting sights of Hongkong and one need not be either a "curio" bunter or authority on high art and modern bric-a-brac to be able to spend a pleasant half hour, in the coolest and cost elegantly fitted-up show-rooms we have yet seen In the colony.
THE NEW ORIENTAL BANK CORPORATION (LIMITED),
The ordinary general meeting of the above
on the 3rd ulto. Mr. Wm. Walter Cargill wan bank was held at the offi-es, Threadneedle-street,
in the chair, and there were also present, Major- General Henry Beville, C.E., Mt. J. A. Ferguson, Sir Benjamin C C. Pine, K.C.M.G., Mr. Grant Mr. Ho Tung-Is that contained in the speci-Heatly Tod-Heatly, and Mỵ, Andrew J. Mac- fications?
donald.
Mr. Ho Tung-What is her draught ?. The Secretary-8) feet.
The Secretary-Yes; she is fully up to the. specifications.
Mr. Ho Tung-Then the builders baye strictly adhered to the specifications 7
It
The Secretary-Yes, in the matter of draught, would not be safe to build a vessel af ber size
with less,
Mr. Ho Tung-Then as a matter of fact you
have nothing against the builders except the de- tention and the leaking of her boilers ?
The Secretary-One or two smaller items, but
Mr. Ho Tang-How long do you think she will they don't amount to much. be in dock?
The Chairman-I don't think we can tell. The Secretary-Mr. Gillies can give us some idea, perhaps?
Mt. Gillies-I don't know exactly-possibly the repairs may take two weeks, perhaps three -I don't think it has been fully decided as to the extent of the repairs.
Mr. George-I don't think Mr. Gillies should have been called on to make that explanation it should have come from the Directors.
The Chairman-How can we say? We have had no estimate the boilers were only examined yesterday, or the day before.
Mr. Michael-Has Mr. Walker, been paid for examining the boilers?
|
The Secretary having read the notice conven- ing the meeting:-
The Chairman, in moving the adoption of the report and accounts, called attention to the remarkable progress which the bank had raade, as shown by the statement at the foot of the
report. There had been a substantial increase each year, amounting on an average to Il
ing assets amounted, as they would see, to tol millions sterling. At the present time the bank- millions aterling. It would be observed that the bank commenced with a comparatively small sum, but as would be seen they had progressed at a very rapid rate. With an energetic and capable staff, they, had in the course of five and a-half years brought themselves into the front rank of Eastern Banks, with competitors who. had been in existence from 20 to 30 years and over. He thought that was no small achieve ment, and he did not think they had any cause to be ashamed of such a record: If they can- tinued to prosper in the same ratio, in a few. years they would not stand very far below the highest of the figures given by the other com panies. As it was they stord No 3 amongst. the oldest and best banks. Origi ally, of course, they started at the very bottom of the list. He had on a former occasion made allusion to the fact that it was a very slow precess to build up a bank, but he thought in their case it had not been so slow as had been the case with others. As regards the expenditure in Conducting the the business, it might seem to some shareholders that the amount was large as compared with the results. For instance, it was put down in the Eccounts as over £82,co, and the money for división among the shareholders was £49,000) but there was a consideration connected with that which bad to be taken into account. Their total earnings amounted to no less than £375,079, out of which they paid these expenses of 82,000 and a sum to depositors of over £250,000. These depositon, looked at in a way somewhat differently to what they were usually regarded, might be described at limited partners. They were not shareholders, but they gave their The Secretary-They are retiring.
money for a term of years, and during that time The Chairman--Oh yes they are retiring. they were actually partners in the concern. Will anyone move their re-election? Mr. Danby did so, Mr. Michael and the motion was adopted.
The Chairman-Yes. He was most highly recommended to us by a leading ship-owner in the colony-we didn't know him before. He got ago guincas,
Mr. Ho TongWhat is the draught of the Kiuklang
The Secretary-About nine feet. Mr. Ho Tung-More than the Heungshan 1 The Secretary—Yes.
The Chairman then moved the adoption of the report and accounts.
Mr. Cohen seconded, and the motion was agreed to.
The Chairman-Since our last meeting we have invited two Chinese gentlemen-Mr. Lee Shing and Mr. Poon Pang-to take their seats at the board-
a
They might look upon them and style them as secondlog,"preferred partners--they were entitled to a
The Chairman then proposed the re-election of Messrs. Gourdin and Henderson as auditors,
Mr. Solomon seconded. Agreed to.. The Chairman-I have now to announce that dividend warrants will be ready to-morrow at ten o'clock,
and foremost, I think, there is the very bad state of trade; it is not confined the Canton river, but is felt all over the coast. If we compare our business with that of the Companies-trading up the coast I think we may congratulate ourselves theirs is very bad. And then we have the opposition; but I think if trade was up to its former volume, both for passengers and cargo, the opposition would not matter to us as much as it does. And then we still have the very bigh cost of coal to contend with, and the increase in the wages of the officers, and we buvo increased light dues. These light dues
fixed rate of interest for their money; while the we did, by representations, get reduced one-third, but we are in hopes that by.
shareholders proper were what might be called the representations of the Chamber of Commerce,
"deferred" shareholders, who got the balance. which has taken the matter up, the amount
They could not work all their business without will be further minimised. It must appear ridi-
the first class and the second class got the culous to anyone who knows anything about
benefit from the residue, whatever it might be. Has gone where there's no more Derby.
these things that our two night steamers, such as
Some very important events had occurred since Mr. Humphreys-Before you part I would ask they last met in that room. In the first place, LAST month a New York correspondeat tele- they are, which do not make any use of the
to be allowed to propose a vote of thanks to the the Royal assent bad been given to the Act of graphed to a home paper a summary of a further lights whatever, should be malcted in the sam letter from the correspondent of the New For of several thousand dollars a year for light dues. Chairman and directors for their management Parliament applied for in the month of August. Tribune in Newfoundland, which shows a state We talk about the freedom of the port but, by of the Company's business during the past That Act, as they knew, was specially intended of affairs rapidly passing from bad to worse. The Jove, that isn't much like freedom. People don't half-year. As you know, it has been a for the regulation of their silver capital, but American correspondent states that the attempt think what it means, but if the charge in the very, trying half-year not only to the river owing to technical difficulties they had been to enforce French rights under the modus Ordinance had been adhered to it would have service but to every business. As we think, the unable to carry out its provisions. The share vivendi by the agency of British ships-of-war amounted to some $4,000 or $5,000 a year. Now Chairman made a sort of apology that the holder would be asked presently to adopt has utterly failed. The British commanders it has been reduced by one-third, and I think balance-sheet was not so satisfactory in respect resolution which would do away with the admonish and even threaten, but they naturally if the Committee for managing the Light Dues to the amount of dividend as he would have obstacles to which he alluded and enable aesitate to give effect to their words by seiring is inaugurated, as has been proposed to the liked, and as it has been in the past, but at the them to take the advantage they secured under property of their own fellow-subjects to enforce Government, we shall have a very material same time I think we should be very well the Act. When this was done it was their an odious foreign claim. British lobster factories reduction from them. Since we last met, the satisfied indeed with it (Hear, hear it. I, for intention to place the silver capital in the by the dozen have been run up along the new vessel, the Heung-chan, has arrived. She one, am perfectly satisfied with it in these times; East in the ordinary way. The next event French shore, and the workpeople tranquilly is, to look at and go over, a very splendid vessel, and hope it may never be less, Ifft is not we occurred in December last. He referred to the pursue their avocations right under the but unfortunately there is a fault in her boilers, shall have reason to congratulate ourselves, death of their esteemed colleague, Mr. A lhusen, British guns. They would even welcome inter. That is not due to your Directors, because they There is only one thing more I would mention, gentleman, as they all knew, who was a most ference, as this would enable them to take into paid a gentleman recommended by a very lead and that is the balance-sheet. It is highly satis able and assiduous member of the board, and sympathetic local courts their claims for ing person in shipping matters in this Colony factory-thoroughly solid and substantial; you who earned their respect and esteem. When see exactly where your money is-that it is mongst them he was always to the front, always damages, based on the contention that the Mr. Walker-a very handsome sum to lobster is not the "fish" "known to the treaties supervise the fitting of the engines and bollers, well invested. You can see that you have a large full of energy, and always ready to support say. with France. In the local Parliament both and we have since discovered that he did not amount in reserve in mortgages, ready to hold thing that was reasonable and proper in con. sides have co-operated to fashion the strong supervise them very much-in fact that the your own if need be against any competition ducting it affairs of the corporation. "They had address to the Queen which demands the abroga: supervision was of the most perfunctory character. which may arise, and which, in every business felt his loss very much, but they were fortunate tion of the treaties, A telegram from White Therefore we find that the vessel has to be put in the world, you must expect, and, meet fairly in selecting a gentleman to take his place in the Bay states that the British fishermen are being into dock, and her bollers attended to. We when it comes. ("Hear hear With these person of Mr. Ferguson, who was now a member hairman for the very fair manner in which he was the death of one of their most promising prevented from fishing by French bank saber-hope, of course, to recover this from the builders, words I beg to propose a vote of thanks to the of the board. The other event of the same kind men seeking bait. The Rev. Mr. Howley, Pre- the boilers were actually not in compliance fect of the District, demands $10,000 com with the specifications given. We have every has described the position of the Company to day, branch managers, Mr. Laurence, who died in pensation to the fishermen of St. George's Bay hope of also recovering a sum for the detention and to him and the directors for the manage Calcutta at the beginning of the year, and whose foxs they had had some difficulty in malding up. ment of the Company in the past. for Injuries done by the French. The local of the steamer, she should have been com..
by the appointment of another. Another rather Government, however, repudiates all liability, pleted long before she was, and they are
Important event was the withdrawal of their Mr. Baird, the owner of the lobster factory at clearly liable. In other respects. I believe, from Fishells, St. George's Bay, Newfoundland, one the reports given by experts, the vessel is most
bank from Persia. They might remember the of the twenty-six factories which the commander suitable, and carries a large amount of cargo and
last time they met they talked over the business. of Her Majesty's ship Emerald ordered to be a large number of passengers, and will be a ¦ which has been used, and we' sincerely, thank and its prospects, and they held the opinion closed, has served a writ spon Captain Sir H. credit to the Company. We are, of course, you and hope that fatore half-years-although that those prospects were very good, rates Walker for trespass, Mr, Baird acting on under the circumstances, compelled to make Mr. Humphreys pays us the compliment of were high, there was no competition, the behalf-of-the-owners-of-all-the factories use of the Kinking again--not to say of saying this is a good one will be better.. exchange was profitable, and they did not 135 | The Anglo-French modus vivendi will therefore course, that she's a favorite boat and passengers Mr. Ho Toug moyed vote of thanks to Mr. look with may apprehension at the tablishe be discussed in the Newfoundland Law Courts, like her. The amount of interest, you will observe, Arnold, the Secretary, for his energetic management of the Imperial Bank. But when the Bank opened they soon found reason to thirk A correspondent saya:-The colonists have is not so large as it was the prev cus half-year, ment wa
Mr, Arnold briefly replied, and the proceedings that their expectation of profit in the country recently armed-themselves with an extra supply but that, you must remember, is because of
would not come up to what they originally ex- of the finest American rifles. They are famous what we paid for the new steamer. Repairs, terminatedar
pected that the competition of another bank in shots, and have always possessed a small arsenal you will notice, are again a heavy item, but
comparatively pow. field would make it uphill of good weapons. Dating last year orders have it is imposible to keep steamers running daily
Work for a long time before they could carry on come into St. John's for as many as from fifty to 'from "here" to "Canton and Macao without would be
their business advantageously. They found a hundred riser at a time; and, although some repairing them-dtherwise they
that the rates of discount and the rates of Interest merchants, unwilling to aid the obvious purpose very soon laid up. I can only say to the share. of these supplies, have refused to furnish thens, holders that the dividend appears net to be
for money would be depressed very much, and it is quito certain that the colonists have obtained up to former ones, but I would ask you to
the competition and exchange would most likely $13 but they wanted, and are now prepared to compare it with the dividends which are likely
reduce it to a very small figure. The Imperial desent any infringement of what they consider to be paid by the other companies, trading in
Bank would be compelled to compete with them their rights. This they are likely to do at any China waters. I think you will find that ours
and to get the business because it was their only time, but soon they may be counted upon to go will stand comparison, I have no more remarks
place of existence, and this bank would have had further. The enure colony, with one rolce, to make, but will be glad to answer any
very hard task in fghting with them on those questioni
termini, On the whole, after consideration, the maintains that the French must go.
In-Patients remaining in Hospital on
1st August ........................... "63- Out-Patients, new CLICE ......... 805 Out-Patients, return visits.1008 Total Out-Patients visits ..........................
Operations remiami? Dental cases .................................... Casualty case.........................
JOHN C. THOMSONI MA, M.B)
Superintendent,
TA
Mr. Cohen geconded,
The Chairman, in reply, said-I can only say, speaking on behalf of myselfand the Board, that we feel very much flattered at the language
KUHN'S ART GALLERY.
fe Messra, Kuba & Co., the famous collectors of Japanese art treasures, after an absence of about couple of years in London, hare returned to Hongkong and re-commenced business in commodious and well-appointed premises in Queen's Road Central, three doors to the east ward of the Hongkong Hotel With that perfect taste which has always been a conspicious feature in his business management, Mr. M.