Commercial.

LATEST QUOTATIONĖ, Hongkong and Shanghai Bank, cum New Inte

-co per cent, premium, nominal. Union Insurance Society of Canton-$95 per

share, buyers

China Traders Insurance Company-$63 per

share, sellers.

North China Insurance-Tla. 275 per share,

buyers.

Canton Insurance Company, Limited-$115 per

share, sellers,

Yangtare Insurance Association-Tis. 70 per

share, nominal,

On Tal Insurance Company, Limited-Tis. 150

per share,

Hongkong Fire Insurance Company-$308 per

share, sellers.

China Fire Insurance Company-882) per share,

sellers.

Hongkong and Whampoa Dock Company-$103

per cent. premium, buyers. Hongkong, Canton, and Macao Steamboat Co.-

$31 per share, buyers.

China and Manila Steam Ship Company-120

per share, sellers.

Hongkong Gas Company-$131 per share,

sellers.

Hongkong Hotel Company-$120 per stare,

buyers.

THE HONGKONG TELEGRAPH, TUESDAY, JUNE 2, 1891.

The P.&O. 5. N. Co.'s steamer Thibet, from Bombay, left Singapore on the 1st instant at 5.30 p.m. and may be expected here on or about the 8th.

The P. & O. S. N. Co.'s steamer Gwalior left Bombay on the afternoon of the 28th ultimo, sad is expected here on the 14th instant,

HONGKONG TEMPERATURE.

す。

(From Mars, Geo, Pyloner & Co.'s · Register,

Today.

Baromate korduspenson GBEJI Bargnelse=414mantradesmen Comma Thermometer ng 1,684 velmanmeras Thurmometer) Thith stuurskutuja Babraha Thermoranternes Delta sem QUERALD Thermatarg Am. [Wat halb)........ Thermott p.. Twmcmel 11,

foot.......JAN Thermost-Nedman womanmer

CHINA COAST METEOROLOGICAL

REGISTER.

1st June, 1891.-A! 4 pm.

STATION,

Wt. 11 och.. Tekio.com.

10.02

Hongkong Hotel Co's Six percent. Debentures Nara!.......

-3501

Indo-China Steam Navigation Company, Limited

--25 per cent, discount, buyers.

Douglas Steamship Company-$46 per share,

zellers.

Fehow.

Anping ...

Hation

Pietas Take............

China Sugar Refining Company, Limited-$185.

per share, buyers.

Luzon Sugar Refining Company, Limited-ggo.

per share, sellers,

܃

Maçad

Haber - Haiphong

Mapen

Hongkong Ice Company-$90 per share, buyers. Care BL Temes..... Hongkong and China Bakery Company, Limited

$75 per share.

Hongkong Dairy Farm Co., Limited-$7 per

share, sales.

A. S. Watson & Co., Limited-$20 per share,

ex. div., sales and buyers.

Chinese Imperial Loan of 1884 B-2 per cent.

premium, sellers.

Chinese Imperial Loan of 1884 C-5 per cent.

premium, buyers.

Chinese Imperial Loan of 1886 E-14 per cent.

premium.

Wind.

2nd June, 1891.-At to a.m,

STATION

Hemidity.

1994 € Tokyo

21...

Ar

20.81

ESE

And

1.81

www

Wie Peak

W

19.01

Hongkong Rope. Manufacturing Company,..

Limited-$125 per share, buyers.

The Hongkong Steam Laundry Co., Limited CT 17

$25 per share, nominál.

Punjore and Sunghie Dua Samantan Mining Co.

-$4.25 per share, sales and buyers.

The Raub Gold Mining Co., Limited--80 cents

per share, sales and buyers.

Imuris Mining Co., Limited-r: per share,

sales and sellers.

The Balmoral Gold Mining Co.,

*Limited-$7 per share, sellers. Hongkong and Kowloon Wharf and Godown

Company-$82 per share, buyers. Tonquin Coal Mining Co-$400 per share,

Beilers,

The Hongkong High-Level Tramway Co.,

Limited-$55 per share, buyers,

The East Borneo Planting Co., Limited-$10 per

share, sellers.

H. G. Brown & Co., Limited-$5 per share,

buyers.

The Songei Koyah Planting Co., Limited-134

per share, buyers,

Cruickshank & Co., Limited--$35 per share,

nominal.

The Steam Launch Co., Limited-nominal. The Austin Arms Hotel and Bullding Company,

Limited-13 per share, sellers.

The China-Bornea Co., Limited-$16 per share,

sellers.

The Hongkong Brick and Cement Co., Limited

-$12 per share, sellers.

The Green Island Cement Co.-$17 per share,

sellers.

The Hongkong Land Investment Co., Limited--

$86 per share, sellers.

The Hongkong Electric Light Co., Limited-26 |

per share, sellers.

Geo, Fenwick & Co., Limited-$14 per share,

sales.

The West Polat Buildings Co., Limited-$50

per share, selleta.

The Peak Hotel and Trading Co., Limited-$8

per share, sellera.

The Labuk Planting Co., Limited-$25 per

share, sellers.

The Lamag Planting Co., Limited-87 per share,

buyers,

The Jelebu Mining and Trading Co., Limited-

per share, sellers. The Selama Tin Mining Co., Limited-$1 per

share-sellers,

The Shameen Hotel Co., Limited-nominal The Kowloon Land Investment Co., Limited-

$15 per share, buyers.

The Bank of China & Japan & the Straits Ld.

$17 per share, sellers. The Bank of China & Japan & the Straits Ld-

Founders' shares, 180 per share, sellers, The Hongkong Marina, Ld-nominal. London and Pacific Petroleum Co., Ld.—ĝis,

sellers.

The National Bank of China, Ld.-30 per cent.

dis., sellers. The National Bank of China, Ld.-Founders'

shares, $425 per share, buyers.

ON LONDON--Bank, T. T.

3/11

Bank Bills, at 4 months' sight...3/18

IXCHANGE.

Bank Bils, on demand

Credits at 4 months' sight ............3/2

Documentary Bills, at 4 months

sight

.3/21

Bank, Bills, on demand.....

3.99

On India, T. T

On Demand

ON SHANGHAI---

Bank, T. T.

ON PARIS-

"Credits, at 4 months' sight ..................4.DI

222

Private, 10 days” sight............72

MAILS EXPECTED.

THE FRENCH MAIL.

i

The Messageries, Maritimes Cols steamer Caledonien, the French mail of the 1st ultimo, left Salgon on the 31st at 7 pm and may be expected here on the 3rd instant.

THE INDIAN MAIL

',

Marin Hod

Halt me

finan

Manila

Cape St. Imes....

N

sorts

783 | Weather.

414

* 10.30

The barometer is new falling at a stations Gralians modrzate for mouth west winds, appeared to be becoming sisaper. Weather waria and dry, (sued : 0.57 ..) **-Herrador reduced to level of the sea in Inches, teeth and

heurdrach. Tammperatura in the shada in fegroet, Pah renhair, Humidler, in termines of natutenison, the

Morality of ale vasturited with melstiera einginn. Direction of the wind to two pointu -Porne of the wlod scored to Brandner scale, State of the wasther, A Ilus aky, Teached eld, Thiring exin, / Tog, e Gloomy. A Hall, / Lightning.

•Overcast, Pannlag shows; Squally. Rain, e Bnow. 7 -Rain 15 Inches Thunder, Vightfiv. „Dan wati. tunthi and bendradihs,

Hongkong. Observatory, 2nd June, 1891,

Shipping.

ARRIVALS.

GLENAVON. British steamer, 1,911, A. J. Jacobs,

1st June.-London 20th April, and Singa- pore 27th May, General-Jardine, Mathe. son & Co.

NAMYONO, British steamer, 984. Wm. Smith, 1st June-Salgon 28th May, Rice and General Bun Moh,

I

ZAFIRO. British steamer, 675, A. W. R. Cobban,

and June-Manila 31st May, General. Russell & Co.

SYDNEY, French steamer, 3,133, Delacroix, and

lune, Shanghai 29th May, Malls and General Messageries Maritimes. HAIPHONG, French steamer, 845, Bousquet, 2nd

June--Haiphong 30th May, General. Messageries Maritimes.

GINERAL WERDER, German steamer, 1,819, B,

Blanke, and June-Yokohama 24th May, Maila and General.-Melchers & Co. AMOY, German steamer, 814. Th. Lehmann, 2nd June, Whampoa 2nd June, General.- Slemszen & Co.

CLEARANCES AT THE HARBOUR OFFICE. Don Juan, Spanish steamer, for Amoy, &c. Doris German steamer, fon Cheloo, &c. -Thales, British steamer, for Swatow, &c.

Triumph, German steamer, for Holhow, &c. Empress of Japan, British str., for Shanghai

and Vancouver, B.C.

Japan, British steamer, for Singapore, &c. Glenavon, British steamer, for Shanghal Pakrhan, British steamer, for Swatow, &c.

DEPARTURES.

June 1, Merfoo, Chinese str., for Whampoa. June 1. Empress of Japan, British steamer, for

Shanghai,

&c.

June 2, Japan, British str., for Singapore, &c June 2, Thales, British steamer, for Swatow, 8cc. June a Pakshan, British str., for Swatow, &c. June 2, Don Juan, Spanish str., for Amay, &c. June 2, Daris, German str., for Chefoo, &c. June 2, Ningen, German str., for Holhow, &c. June 2, Namchew, British steamer, for Amoy.

PASSENORES-ARRIVALS,

Per Ganaral Warder, alt, from Yokohama, Consul-General D. Schmidt Dela, Consul F. Krien, Captain S. J. G..Parson, Mesurs. E. Gare bert, W. E. Pritchard, G. Jahnes, B. Jamane, At Yow, King Hein, Miss Takahashi, and 12 Chinese,

Per Zafire, str., from Matila.-Mesars, Spect, Vischer, and 150 Chinese.

Per Namyong, str., from Saigan,-is Chinese. Per Glenavon, str., from Singapore, &c-300 Chinese.

Per Haiphong, str., from Haiphong for Hong. kong. Mra, Florence Heine, and 6 Chinese. For Saigon. Mr. Dejoux, Mrs. Bérald, Mr. Lazio. For Alexandria.-Mrs. Olga Moska.

Per Sydney, str. from Shanghal for Hong kong-Captain Black, Messrs. Lee Sie Yaen, Francis d'Agular, Kin Wing Sick, and G. H.

Hocaso,

From Yokobema.--Sister Placido, and R. Testevinde From Kobe-Mer. Chong 7: and Ouag-Gud. From Shanghat for Singa. Pre-Mrs. Bermont and Chinese amah, From Yokohams for Colombo.-Mr. G. Elwes. From The steamer Lightning, from Calcutta, left Merreilles.--Mr. and Mrs, de Bavier, From Singapore on the gist attimo and is due here on | Kobe for Salgon-Messrs, de Saussure and the 6th lnstant.

Savidan. For Singapore.-Mrs. Fukushima, Musta. Sakai, Suzuki Shibayo, and Shibuya.

STEAMERS EXPECTED.

The steamer Thorndale Left Singapore on the afternoon of the 27th "ultimo and is dus here on the 2nd instant.

The Union 'line stramer Zanzibar left Sla. gapore on the 27th ultimo and is die berò on the and lustant,

The D. D. R. steamer Iphigenia left Stoga perd 20:4 pan. on the 29th diltimo and li expected here on tõesth instant,, ==

The China Shippers'.' Mutxial!. S. N. Co.5 steamer Pingrusy, from Glasgow, Londos, and Liverpool, leit Singapore on the 31st ultimo and may be expected here on or about the 5th Instant

The Union line steamer Has left Singapore

an ike bih instants

DEPARTED.

Per Don Juan, str., for Amoy, &c.—70 Chinese.

Pet Doris, atr. for Chefoo, &c-5 Chinese. Per Thales, str., for Swatow, &-100 Chinese.

Per Japan, str., for Singapore, &c,-377. Chinese.

Per Pakskas, str., for Swatow, &c.-100 Chinese.

TO DIPART. Pun

Fer Triumph,- str., for. Helbow, &c.-60 Chinese.

REPORTS.

The British steamship Zafre reports that the on the oth ultimo and may be expected to arrive | left Manila on the gist ultima. Had Ught airs.

Bad calms with fine weather throughost,

The British steamship Namyong reports that she left Salgon on the 18th ultimo. Had fair weather and moderate breeze throughout.

The British steamship Glenavon reports that she left London on the 20th April, and Singa pare on the 27th ultimo Had light south-east to south-west winds and fine clear weather with smooth sea throughout the passage. On the 27th ultimo, passed the steamship "Glanfruin, "'offi Jabore Hill

Post Office.

A MAIL WILL CLOSE.

For Bangkok. -Per Los Sok to-morrow, the 3rd Instant, at 9:30 AM.

For Shanghai-Per Glenavon to-morrow, the 3rd instant, at ro 30 AM.

For Europe. &c., Australia, India, via Madras, Calcutta, and Mauritius-Per Sydney to-mor- raw, the 3rd instant, at 11.00 A.M.

For Heibow and Pakhoi-Pér Triumph to- morrow, the 3rd instant, at 5.00 P.M.

For Straits and Rombay.-Per Bisogno on Thursday, the 4th instant, at 11 30 AM.

For Amoy and Manila.-Per Zafiro on Thursday, the 4th instant, at 3.30 P.M.

For Amoy and Manila,Per Viksong on Thursday, the 4th instant, at a 30 P.M.

For Europe, &c, &c.—Per Stuttgart on Satur daw, the 6th instant, at 5.00 V.M.

For Singapore-Per Polyhymnia on Thurs day, the 11th instant, at 9.30 A.SI.,

For Europe, de, & Pet Sutley on Thursday,

the 11th Instant, at 11.00 A.M.

For Yokohama and San Francisco-Per China on Thursday, the 11th instant, at 0.30 P.M.

For Port Darwin, Thursday Island, Cooktown, Cairns, Townsville,. Brisbane, Sydney, and Melbourne-Per Menmuir on Friday, the rath instant, at 3.30 P.M.

For Nagasaki, Kobe, and Yokohama-Per Verona on Friday, the 12th instant, at 5,00 PM.

SHIPPING IN HONGKONG

STRAMERS,

ASAGAO, Japanese steamer, 1,521, H. Selek, tat June, Nagasaki.27th May, Coals,-Mitsu Bishi Colliery.

BISAGNO, Italian steamer, 1,499, G. Orengo, 27th May,-Bombay_gth May, and Singapore 21st, General--Carlowitz & Co. BRINDISI, British steamer. 2.119. E. Street, 31st May-London 10th April, and Singapore 25th May, General.-P. & O.. S. N. C§. CHELYDRA, British steamer, 1.574, G. Payne,

17th May Saigon 13th May, General Jardine, Matheson & Co.

4

CHINA, American str. 5,200, W. B. Seabury, gth May-San Francisco 7th May, and Yokohama 24th, Mails and General.-P. M. S: S. Co.

EMPRESS OF INDIA. British steamer, 3,003, 0.

P. Marshall, R.N.R., 28th May, Van cnuver, vin Yokohama 22nd May, and Shanghai 26th, General.-Dodwell, Carlill & Co. FAME, Betish steamer, 117, Lieut. Wm. G. Comier, R.N.R. Hangkong Government tender.

LANCELOT. British steamer, 1,564, J. Thomas. 30th May-Saigon 26th May, Rice and Paddy-Arahold, Karberg & Co.

Intimations.

Intimations.

HE STOCK, SHARE & DEBENTURE by the Promoters. Directors or Trustees thereof, THE

INVESTMENT COMPANY,

LIMITED.

PROSPECTUS.

1-This Company is formed for the purpose of trading generally in Stocks, Shares, and Debentures, of Dividend-paying Companies (and Dividend-paying Companies only) established or doing business in the Straits Settlements, Hongkong, China and Japan. Mining and Planting Companies, whether dividend-paying or not, are excluded from the scope of the Com pany's operations.

3-The Capital of the Company is fixed at $975,000, divided into 19,000 Ordinary shares of $50 each, of which 825, will be called up ($5 on application; Sio on allotment, and the remaining $to as may be required, but not until six months from date of allotment) and 250 shares, to be called Founders shares, of groo each, to be fully paid up on application..

Applicants for Founders shares must be pre- pared to take up not less than 76 Ordinary ibares for each Founders share allotted them; or, at their option, to underwrite that number of Ordinary shares If they do not care to take them, firm.

3-Founders shares will not be entitled in any year to any dividend until Ordinary shares have received 8 per cent. on the amount paid up on each share. After payment of an 8 per cent. divident en Ordinary shares and after any pro- vision that it may be deemed advisable to make tot a Reserve Fund has been made, the balance of monies available for distribution will be divided into two equal parts, of which one will be divided among the holders of Ordinary shares and the other among the holders of the Founders

shares.

The Holders of Founders shares will be interested in the surplus assets of the Company, in the event of its being wound up in the same proportions-e., one-half to holders of Ordinary shares, one-half to holders of Founders shares, after repayment of the subscribed capital,

4-The Head Office of the Company will be in Hongkong, with branches or Agencles in other Ports and places in the East as may be deemed most advantageous, and lu London,

5. The business of the Company will be conducted in Hongkong by n Board of Directors, consisting of not less than three nor more than five of whom one shall be Managing Director and Chairman, with a 'Secretary (Adam Lind) and a competent European staff.

No fees shall be payable to the Directors, except the Managing Director, In any year until halders of Ordinary shares have received atleast 8 per cent, on the amount paid up on their

The first Directors are—

shares.

.t

except the arrangements with reference to the abscription for the Founders shares, which may be Contracts required to be set out under the provisions of "The Companies Ordinanc

be 1865-1886 Applicants for shares will deemed to have waived all right, whether under the Ordinances or otherwise, to notice of the particulars and dates thereof and names of the parties thereto,

16-Application for shares should be made on forms to be obtained from The Hongkong &

And should be forwarded to The Honglong & Shangbal Ranking Corporation, on application, Shanghal Banking Corporation, and a sum of $110 in respect of each Founders share applied for, and of $15 in respect of each Ordinary share applied for firm should be paid into The Hong- kong Shanghal Banking Corporation to the credit of the Company's Account. ber is allotted than applied for, the deposit will 17.-If no allotment is made, or less num. be returned in fall or pre rate, as may be, with interest at the rate of 2 per cent, per annum.

The Sto paid In respect of each Founders share allotted will be applied exclusively in payment of preliminary expenses. and the balance unexpended will be returned.

The Subscription for Founders shares will close on the roth June and Subscriptions for Ordinary shares not taken up by the Founders will then be advertised for,

Hongkong, 30th May, Ron.

NOTICE.

THE SHAMEEN HOTEL AND LAND COMPANY, LIMITED.

1986

has been temporarily REMOVED to "HE OFFICE of the above named Company

No. 4, PEDDER'S HILL, where all communications respecting the Com pany's business should be addressed.

By Order of the Board of Directors,

R. FRASER-SMITH,

Chairman. Menokone, 4th May, 1for.

BAY VIEW HOTEL.

[

[R. OSBORNE begs to announce that this

wan Road is now open.

Molet El House on Shau-ki-

The HOTEL commands a beautiful View, and is situated in a cool and breezy spot.

There is a convenient landing Jetty opposite

the Hotel for launches.

The best Brands of WINES, 'LIQUORS,, H. W. DICK Managing Director CIGARS, &c., always on Stock MEALS can

be served at any hour. Prompt attendance,

Hongkong, 14th May, 1891,

G. S. COXON... E. H. MELBYE.

and Chairman.

Who shall hold office until the first annual meeting to be held in the year 1802.

6-With a paid up Capital of $500,000, a reserve liability of $475,000, and a select body of shareholders, this Company may reasonably hope to be able to carry on operations to the extent of from three to five millions of dollars, obtaining from local Banks and financial insti tutions facilities that no individual dealer or firm Loo Sox, British steamer, 1,020, A, Benson, 20th could command, and affording, in turn, to these

Institutions, May-Glasgow 4th April, Fort Said 18th,

guarantees and securities they could Penang rath May, and Singapore 13th, not well obtain elsewhere: Coal.-Yuen Fat Hong.

7-Reasonably handsome dividends on the MACDUFT, British steamer, 1.881, Porter, tist paid up capital may be secured by simply lavest May-Kuchinottu 27th May, Coal-Ded-ing in, and holding, carefully selected local dividend paying Stocks, purchased at the favor well, Carlil & Co. MARIE, German steamer, 704, A. Hundewadt, able moment. Trust Companies in England 7th May-Whampoa 27th May, General. formed for the purpose of such investments have

Wieler & Co.

been almost uniformly successful. Had such a Company existed in Hengking twenty years ago, the average return on investment made then would now be about 178 per cent, on the money originally laid out, and the increase in value of the Stocks purchased would average | about 140 per cent.

MARTHA, German steamer, 1,580, Ahrenkiel, Ist June, Kobe, via Moil 16th May, General-Wieler & Co.

NANSHAN, British steamer, 805, J, Blackburn,

30th May, Bangkok 22nd May, Rice Hop Hing. OSCARSHAL, Norwegian steamer, 1,800, Reich- bom, 24th May,-Odessa, ula Singapore 17th May, Gencral.-Order. PRRA NAND, British steamer, 1,021, W. H. Walton, 31st May,Bangkok 13rd May, and Koh-si-chang 25th, General-Yuen Fat Hong.

PILOT FISH, British steamer, 161, A. Stopant-

Hongkong and Warmpos Dock Co SINGAN. British str. 1,053, Price, 31st May,

Whampoa 31st May, General.-Butler feld & Swire.

STORE NORDISKE, Danish steamer, 596, E. Suenson, 30th May,-from a cruise 26th May.-G. N. Telegraph Co. SUSSEX, British steamer, 1,620, H. F. Helt, 1st Jane, Portland (Oregon) 29th April, and Nagasaki 27th May, General-Gibb, Livingston & Co, TRIUMPH, German steamer, 674, J. Braho, Ist June, Pakhel 29th May, and Holbow 31st, General-Ed. Schollbars & Co. WUOTAN, German steamer, 1,016, A. Oit, 25th Mey, Cardiff, via Singapore rath May, Coal...Wieler & Co, VIKSANO, British steamer, 887, W. H. Freeman,

27th May-Swatow 15th May, Ballast. Jardine, Matheson & Co

SAILING VERSTLE.

ADOLPH ÜBRIG, American bark, 1,175, F. Carle

ton, 5th March,-New York 31st August, Kerosene Oll-Reuter, Brackelmann & Co. AUSTRIA, British bark, 1,105, Geo. N. Dakin 30th April-New York 11th Nov., Kerosene Oll-Order.

AUGUSTA, German bark, 473, Jessen, 25th May,

Bafans th May, Timber.-Wieler & Co. CAMRUGDSON, British ship, 1,197, R. Cariand, 19th May New York 28th Nov, Petroleum.

*Russell & Co. COLUMBUS, German ship, 1,428, L. Haesloop, Fast April,--Singapore 20th March, Timber,

DON

---Melchers & Cô.

JUSTO, American bark, 708, B. Neilson, 21st Apell,-Slogapore 18th Feb., Timbes, Captain. EXLKONG, Chinese bark,457, Uplum Examina. tlon baik, Stonecutters Island Chinese Custome

HYDRA, Danish hark, 786, C. Christensen, 26th

April,-Hamburg sth December, General

Carlowitz & Co. ISAAC'REZO, American ship, 1,489, F. D. Waldo, 25th May--New York 23rd Nov., Kerosene OIL-Russell & Co.

JOITH BALZLEY,American bark, 700,, F. P. Shepherd, 26th May,-Singapore and May, Timber-Order.

MCLAUREN, American ship, 15313, F.-L. Oakes, 28th April-New York 30th November, Petroicum-Order.

*

OMEGA, British bark, 480, A. V. Brown, 3rd

May-Singapors 24th April, Timber

Master.

SARA MERSEDES, Peruvian schooner, is,

Mentatglo, 4th July,—Salgon 17th June, RkCaptain...

ST. JAMES, American ship 1,487, W. D. Bom

ham 28th April,--Shanghal 21st April, Bart-Russell & Co.

VELOCITY, British bark, 491, R. Marin, 26th

May-Honolula 19th April, Gebaral Chinese

New Companies are likely to be formed here from time to time for a variety of purposes, and there is no reason to suppose that lovestments made in their shares in the early stages of their history as dividend paying Companies, may not, in the course of years, shew as handsome profits, and as vast increases in value, as any known in the past. The Stocks and Shares of existing Companies afford also, on occasions, favorable opportunities for Investment.

8.It will form no portion of the business of this Company to float new Companies, under. write shares, or invest or deal in anything but the Stocks, Shares and Debentures of the enter prises fodicated in paragraph 1.

o-Profits, and considerable profits, may, it is believed, be made by the purchase and sale from day to day of local Stocks, Shares and Deben- tures of the descriptions indicated.

The value of Share property in Hong- kong is very great, so great, that even with the facilities afforded by the Banks, the purely speculative dealers are unable fally to grapple with the situation and afford to the many holders adequate outlets. There are few or no per manent investors in the Colony, and there are therefore great and frequent fluctuations in values. The ever changing nature of the popu. tion is constantly throwing shares and stocks upon the market, quite apart from the operations of socculative dealers, and thus very valuable opportunities are constantly being offered to buyers with capital at command.

The Company will, it is hoped, not merely secure reasonable profits for its shareholders, but will confer a benefit on the shareholding community generally by steadying the local markets and ensuring them agalust violent fluctuations,

cipated from the employment of a portion of the 10-Considerable profits may also be and

in abares, identified by numbers or Company's resources in "Cash and Time" therwise, and deposited in the hands of the Company or with its Bankers. These acquainted with this class of business in Hongkong and Shanghai are well aware of the heavy rates of interest paid in respect of such transactions, and will see what an opening exists for a business as safo as it is profitable.

11-Between the Head Office in Hongkong and the London Branch or agency, useful business in the nature of "Arbitrage" now growing into importance, may be transacted.

12-In one or all of the forms of business indicated, in the preceding paragraphe, it is anticipated that handsome profits may be made, and by a judicious admixture and selection, it is bellered that a safe as well as a profitable business may be carried on.

13-There is no promotion money payable to any one. All the preliminary expenses for float ing and registering the Company are borne and paid by the Founders. No Founders shares have been reserved by the Promoters or given freed from the obligation to take or under write 76 Ordinary abates.

away

S I EN

1725

TING,

SURGEON DENTIST. ....... No. 10, D'AGUILAR STREET. TERMS VERY MODERATE, "Consultation free. Hongkong. 18th March, 1891.

M

DENTISTRY,

FIRST CLASS WORKMANSHIP

R

AND

[448

MODERATE FEES.

WONG TAI FONG,

Surgeon Dentist, (Formerly articled Apprentice, and latterly

assistant to Dr. Roɑrns), ・

HAS REMOVED

TO

THE MARINE HOUSE, QUEEN'S ROAD, (next to the Telegraph Companies).

CONSULTATION FREE. Hongkong, 7th March, 1801

For Sale. INTIMATION.

F. Blackhead & Co.,

SHIP CHANDLERS, SAIL-MAKERS,

AND

PROVISION MERCHANTS, NAVY CONTRACTORS,Į

AND

GENERAL COMMISSION AGENTS, No. 11. Praya: Central, 2 › (Opposite Pedder's Whar{}~

SOLE

AGENT 3

for

RAHTJEN'S GENUINE COMPOSITION...

FOR

THE BOTTOMS OF IRON SHIPS.

HARTMANN'S GREY PAINT, specially manu actured for conting the inside of STEEL SHIPS. ·

I

SPECIALLY SELECTED,; EX PRIME, PORK and BEEF la Barrels.: Also AMERICAN PRIME SUGAR-CURED.

HAMS and BACON.

CHR. MOTZ & Co., BORDEAUX CLARETS,

CEMENT from the celebrated Factory of Hem-

Endor,

FLENSBURG. STOCK BEER, ENGINEERS' AND BLACKSMITHS"· MACHINERY AND TOOLS: "

EVERY KIND OF SHIP'S STORES AND REQUISITES, ALWAYS IN STOCK

AZ

REASONABLE PRICES.

C

ALL KINDS OF

O AL S

SUPPLIED AT THE SHORTEST NOTICE.·

Honekone, 25th March, 1801,

JOHN AMBROSE CLARKE, Teacher of Officers and Engineers,

No. 75, WINDHAM STREET,

Opposite Central Police Station.

Traa·

ANDIDATES prepared for the MARINE'

BOAND EXAMINATIONS.

Author of the " NEW NAVIGATION," And an "Artikmatte" for Engineers, '$5, Hongkong, 7th February, ror.

JUST ARRIVED, FOR SALE. DE

[246

THE New Stem Winder and Exameled Dist

THE

WATERBURY WATCH. SERIES --For Gentlemen, är large size. Stars L-For Ladies', or small atingi

... $4.76 each.

Winds ta less than a doien turns i Jewelled, Dust-proof, Keyless, with -- all the latest Improvements, :: Â perfect and unrivalled timekeeper: reliable, durable and accurato, -

and also w

SERIES E-The 4 Good old favorito,*-- [195 | best form of the original Waterbury : offered at.

the reduced price of £8.70 each.

W. S. MARTEN,

ARTISTIC DECORATOR,

1, DUDDELL STREET,

HONGKONG,

Hongkong, 6th April, 1800,

NOTICE.

JRYE'S SANITARY COMPOUNDS COMPANY, LIMITED, JEYE'S WOOD PRESERVER OR ANTISEPTIC PAINT.

Ets

"HE Undersigned have this day been ΤΗΣ

appointed SOLE AGENTS for the of these PERFECT DISINFECTANTS, and are prepared to supply quantities to suit purchasers, at Wholesale Prices, Extra Special terms for Shipping and large Orders.

Sir ROBERT RAWLINSON, CB, CE. Chief Sanitary Engineer, Local Government Board, London, says

"It the best Disinfectant in us.

W. G. HUMPHREYS'& Com Bank Buildings, Hongkong, 19th Jane 1883.

NOTICE

'RIFFITH'S PHOTOGRAPHIC/ROOMS » 1, Ice House Road are suitably lighted to' produce all styles of Portraiture in any weather.

CABINETS from $6 a dozen.:{

CARTES DE VISITE froth $3 a dozen! :! LIFE SIZED BUSTS is Colour, or Black White,

IVORY MINIATURES, &C. &CATE

Coast Porta am always ready, '

NEW VIEWS OF HONGKONG and the

Rengkang, gith Sentember, TROOI

NOTICE.

[18

HONGKONG & WHAMPOA DOCK COMPANY, LIMITED.

SHIPMASTERS AND ENGINEERS

are respectfully informed that if woon, their arrival in this HARBOUR #me of the COMPANY'S FOREMEN should be at hand; ORDERS FOR REPAIRS, if sent to the HEAD Orrick, No. 14, Praya Central, will receive prompt attention,

14-Subscriptions are, in the first instance, invited for 100 Founders shares of $100 each. Each applicant for & Founders share must apply for or underwrite at least 76 Ordinary sharts, and must undertake to bear his proportion of the preliminary expenses, which cannot possibly to rectify the cause of dissatisfac exceed sro, for each Founders share,

In the event of complaints being found necessary, cominum.ltation with the Undersigned Is requested, when immediate pers will be

15-There are no agreements or contracts of any description entered into by the Company of

Orders from Out-ports to be accompanied by remilitance for cost.

THE MITSUI BUSSAN KAISHIA,

Sola Agents in Japan, China, Corca, Hongkong & Macao No. 8. QUEEN'S ROAD CENTRAL Hongkong, 20th February, 1800;

CARBOLINEUM AVENAKIUS,

#1189

(REGISTERED)Je "N'ANTISEPTIC PAINT for the Preserva-

A

tion of Wood, Walls, Ropes and Ship's re Tackle. May be applied to Beams, Floors, Wains«»-- coting, Wooden Ornaments, Extos, Roofs, di- Kyooden Shods, Farmers! and Gardeners Implever ments, Carts, Posts, Fences, Sixbles, Gates, 17 Bridges, Boats, and all Timber underground.

Brociually excludes all dampness from walls un pained with it and entirely prevents the ora

way, and decay of both stone and brickme White ants do not touch wood-painted with Cartolinezia Ayepades,

Used during the last 14 years with the utmost success, as proved, by numerous Testimonials- from Tving authorities,

* Sold in carks of, about 450. lbs. net, Prieg

8 centi per 1b, 1. For further particulars, apply to

SCHEELE & Co

Sele Agents, No. 16, Stanley Street.

Hongkong., 2nd December, 1880.

FOR SALE..

HE Schooner"

* MONTIARA," Length...............

·Beam?

Death of holi152088 Registered tonnage

feet.

75 tons. (Owing to recent alterations, the carging capacity of the Sfonilard has been incressed to about 130 toan, dead weights) kate

The Montlara was buit in Singapore, and is,

solidly constructed of tank throughost, with,. on wood frames, She has recently born, thoroughly overhauled under experienced Fancy pear superintendence, fastened throughout, with 2 inch galvanizad spikes, and newly re-coppered. Bhd ta fotchnerlered with the best canvas) salls, Del of Wales'" "less, 2. For further particulars apply to

R. RASER-SMITH, -6. Peddar'a HD Hongkong, 9th April, 1890,

CHS, 1. GAUPP & CO., CHRONOMETER, WATCH/and CLOCK- *MAKERS-JEWELLERS; SILVERDO JAG SMITHS, and OPTICIANS. HUMAN CHARTS and BOOKS, A PRE NAUTICAL INSTRUMENTS, BOO Sols: Agents; for, Louis: Audemars' Watches 1?? wanded the highest Fries at every Exh[Mikonya

md for Valgilinan and Boer Way CELEBRATED OPERA. GLASSTA, CEDE MARINE – GLASSESC and SPYGLASKEA.

DENG & Opera, la Rand fastral:

Wand

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