Entimations.
THE HONGKONG TELEGRAPH, SATURDAY, MAY 20, 1893.
JARDINE'S were then still a great power in
the land-how have the mighty fällen 7---j and were in the habit of exercising that VICTOPIA DISPENSARY. power when it suited their interests and
AERATED WATERS.
The PRODUCT.-Will bear comparison with the Waters made by the most
GLADSTON HONORED BY TH! TORIES,
E
:
i
THE British crabers Severn and Perpofte leht | Shanghai for Japan on the sath inst, and will shortly be followed by the Caroline, the Archer | being under onder to rolleve the last named Tessel.
The Austrian ship Armida, which arrived at New York from Manila on March 25th made the pasingo lo the fast time of 103 days.
A BANGKOK Contemporary inforing us that Mr. J. M. Bel, the mining expert, has left the Land of the White Elephant for Ewrops, Siamese mines are not good enough for experts, we pre-
sume !
1
TELEGRAMS.
occur on the fall of exchange rates. The improvement in the business done during exceeded in GERMANY AND HER 'ARMY,
last year promises to be this. In 1893 our gross returns were the LONDON, May 19th, 1893,
largest we ever recorded, while the first four they saw a fair chance-a habit yet The Empera William, fr, a speech made at
months in this year not only exceed the corres- faithfully if not always judiciously adhered the envelling of the statue of his grandlaher, THE mining engineer engaged by Chang Chib-
ponding four months of any previous year, but to by our worthy friends-it was not said that the way existence of the Fathelindung, the Viceroy of Ha Kuang, has, according
the month of March exceeds the busiest menth greatly marvelled at by those behind the
to the N. C. Dafly News, reported to his
in any previous year, the busiest season belog scenes when the efforts of Meiers. HALL depended on an increase of the Aviny, and Excellency the finding of silver deposits. In tho
usually in the autuma. Bearing this in mind ATER-The Water used is absolutely and HOLTE in London and elsewhere exhorted the Nation to support the Crows, as vicinity of Tayenahan, ninety miles from Ws- ACCORD NO to the Hocki Shimbun the value of and knowing that I shall have the hearty co- coal and iron mines are gold cola and bullion exported from Japan operation of the best and most experienced staff
Toft WATER
proved disappointing, and the scheme the only safegurd of the Empire.
chang, where the land employing over a | during the ax years ending December, 1892, was that has ever fallen to my lot during the whole - in full working eventually collapsed. This brief history of
SOCIALISM IN GERMANY.
thousand raen a day. Tayenshan is also called yes 69,354.934 and that of silver yes 106.339.539, of my business career to work with, I think I STEAMIPLANT.--Of-the latest and most Shanghai's malden attempt to run a big-
Two hundred and eighty Sociallits will stand Wapaoshan, or "Hills containing the five making a total of ram 175,694,463. The value am Justified in assuming that this temporary powerful type.
Exhibition-If any details are Inaccurate at the coming German elections,
precious metals." As silver and iron have already of gold coin and bullion imported for the same check to our profits will only act as an incentive to Mr. J. J. Keswick can doubilass correct
been found, the Chinese are anxiously waiting period was yes 9,999,670 and of sliver yes the onward progress of the business, which as for the announcement of the discovery of gold,123,094,048 or in all you 133,093,719. SUPERVISION.-The whole process them I-may prove a useful guide to who-
regarde lis £nancial position was never stronger copper, and lead to fall the prophecy of one of
than at the present fine, I shall be pleased to of manufacture le under the ever may be entrusted with the manage-
the local sages, who gave the hills of Tuyen this MANLY pastimes of every description are supplement these remarks by answering any continuous supervision of a ment of Hongkong's latest enterprise.
appellation.
attended with more or less risk to life and Hæb, | questions which in the fnterests of the Company and to Britons this element doubtless in many you may think fit to put. qualified English Chemist.
Ca proves an extra attraction; but modern Mr. Hough:-Mr. Chaleman, as you are football has during the part few years developed aware, I represent a very large interest in the such serious dangers that interference by legal Company, so that it is not with any idea of idle ictment is quite probable. During the three heckling" that I now get up to speak. There seasons from 1890 to 1893, there were recorded has been a rumour going round, that Mestra. England y deaths at football matches, 121 Watson & Co. have been suffering very largely caier of broken legs, 33 broken arms, 54 broken from losies occasioned by the disappearance of collar bones, and 158 other lojales total of the Tientsia compradore. I should very much 437 casualties.
like to know if there is any trath in that jumour, and if shareholders have to look forward to bar Our excellently preserved if somewhat billousing to meet a loss on that head. locking, morning" contemporary of this date, in | The Chairman --The rumour la question was an editorial of the auxi Dally Press stamp brought to my notice yesterday by two or three ast unkindly reminds itself of the fable of friends. I have much pleasure in stating that it the frog that came to grief while trying to swell | is absolutely without foundation. There is not telf out to the dlciensions of an ox.". The the lightest ground for it. Of course, it would subject under discussion was the proposed be impossible for such a loss to have occurred Hongkong Exhibition, and what we want to without my knowing it, with the telegraph Has know now is Which of the two joint editors of between here and Tientalo, so that I have no the Daily Press la the frog and which the doubt-although I did not think it worth while and if entered as exhibits at Dr. Cantle's to telegraph so as to know whether there had suggested show, which would be the greater been any such loss-It could not have happened. Who invents these things and passes them into circulation I do not know, but their object is THE Hon. Treasurer of the Alice Memorial perhaps apparent and not very creditable to the Hospital begs to acknowledge, with thanks, the people who do it. (Hear, hear.) If you will following donations to the funds of the Hospital allow me I can supplement that remark, on the
noted makers la England.
DAKIN, CRUICKSHANK & Co, LD
VICTORIA DISPENSARY,
FRANCE AND SIAM,
LOCAL AND GENERAL.
|*.*MONDAY, belig Whit-Monday and a Govern- ment and general holiday throughout the copy, there will be naine of the Honghong Telegraph,
in
Mr. Gladstons, while walking with the Royal After carefully studying the question party at the opening of the Imperial Institute, in all its bearings from various points was loudly blised.
Tax steamship Beniomond, Capt. A. W. S. of view, we have no hesitation in
Thomson, which arrived in harbour this predicting a great commercial triumph
morning from Saigon, reports that when off for this colony if Dr. Cantlin's proposal The Siamese Government has repudiated the Cape Fadaran she passed a Blue Fannel is properly managed and carried out on whole action si Khang.
steamer with her foremast and mala top-mast gone and with heavy list to star-board, strict business lines. Hongkong Exhibition
stewing south. Upon Inquiry at the office of the must be purely Industrial and Com-
agents, Messrs. Butterfeld and Swire, we mercial; There is no Art, according to our
learn that the probabilitles are that the meaning of the term, in China; and the
vessel sighted was the Polyphemus, Capt. Loo, which sailed from here on the 12th inet. [38 Chinese neither recognise nor appreciate
Should this be so the Polyphemus has, no what is known as Europeangelato tire
doubt, fallen in with the typhoon that passed can both recognise and appreciate Euro- A. S. WATSON & CO., LD. pean and American inventions and produc- A NEW YORK Herald joker plainilvely remiks out some days ago and to which the Somali fell a.viction. It is presumed that no asiİstance was tions that are calculated to bring solid that when a man goes broke the firm of required as as mention is made of any such benefits to China; and they are also remorse are often stirred up by poker.5.7.
request in the report supplied by the Benlomond, sufficiently acute to understand what Tar crew of HM.S. Swift were shown on the Or course the inventor and owners of the opportunites an Exhibition would provide King of Siam's palace at Bangkok, by special Weimera or any other vessel, observes the for remuneratively disposing of the permission, on Sunday the 7th May,
5. F. Commercial News, would be discomfitted numerous manufactures and products, of the Middle Kingdom. We submit to the DR OPEL the great German, geogapher, to hear of the loss of their marine property, but why the model of a skip should be held account- Hongkong Government that a properly says that 1.700000 square miles of the earthable for an error in judgment on the part of the organized Hongkong Industrial and Com. are still uninhibited and are ownerless,
captain and an errot in compass, we fail to appreciate. Of all the wrecks strewn along the of the latest and most approved kind, and we gested would do more towards opening | inform us that the steamer Lightning, from ¦ model was claimed to be at fault was when the H L Dennys .......................................$ 25.00 | #uggestion of the Secretary, who informamo that
the lines su: THE Agents (Messrs. D. Sassoon, Sons &Co.) Pacific coast the only instance in which, the merical Exhibition on
are well able to compete in quality with the best up the Celestial Empire to loreign trade Calcutta, left Singapore for Hongkong this after Wetmora got out of her course und went ashore Dr. A. S. Gomes zostavykakku povr
CHEMISTS BY APPOINTMENT. KзTABLISHED A.D, 1841, MANUFACTURERS OF AERATED WATERS,
UR NEW FACTORY has been recently refitted with rutomatic Steam Machinery
English makers:
The purest ingredients only are used, and the utmost care and cleanliness are exercled in the
manufacture throughout.
THE complimetry dinner to Capt. J. McCallora, of the Houghing Volunteer. Artillery, will be given at the Volunteer Head-quarten this evening at 7.45 d'clock.
than all the diplomatic scheming and noon. canoodling of the next twenty-five years; and on this ground alone Governor ROBIN SON should actively support the movement. The Chamber of Commerce, as a repre- sentative body directly interested in the encoungement of business relations with BOMBAY SODAS." We continue to supply large bottles is bereto-China, should also lend ready assistance; ore, Prue of Extra Charge, to those of our Castomers who prefer to have them to the ordi- bury size.
TO
COAST PORT ORDERS, whenever practicable, are despatched by first steamer leaving after receipt of order.
For COAST PORTS, Waters are packed and placed on board ship at Hongkong prices, and the full amount allowed for Packages and Empties when received in good condition.
Counterfoil Order Books supplied free on application.
Our Registered Telegraphic Address is "DISPENSARY, HONGKONG."
And all signed messages addressed thus will receive prompt attention.
carlo?
on the sands at Coos Bay, No vessel, not even FH. May........................................................................ a whaleback, is built to make short cuts over- land, and when the Wetmore put on the SR. Fuitakia sands abe stayed there, as do most vessels under Rev, A. G. Goldsmith, M.A. similar chicumstances. Give the whaleback Pinl Jordan type a fair shbw.
JG D. S. Dady Burjos .................................án
15.00 $4,000 have quite recently been remitted from 10.00 the Tientsin office, though that is only a com- 1000 paratively small branch. (Applause,)
5.00 Mr Hough -Thit, I am sure, sir, is very 5.00 satisfactory, but you mentioned in your speech 5.00 jast now alors of $16,000 from another depart- 5.co ment can you give us any Information about 2.00 that.?
1.00
THE second id concluding portfon of our The Chinese have a way of dealing with editorial on "Home Rule for Hongkong" wii strikers which when put on paper, remarks the and it may safely by taken for granted appear in Tunday's Isane. We regret to haw N. C. Daily News, must be exceedingly refresh- If another column we publish a telegram stating ing to employers in Europe and America toread. that the Siamese Government has repudiated ill that merchants, manufacturers, importers, been compelled is crowd it out' to-night. etc., in all parts of Europe, America, India,
Two months ago two hundred and fifty carpen-responsibilliy attaching to the action of its troops and the Australasian Colonies, will readily ST. PETER'S SIAMEN'S CHURCH.-The Missica tezs employed la repairing the "Temple of the concerned in the retaking of Khong, or Khrome, take part in a movement that isso probable steam-launch Day Spring will call alongside Propitious Year," which was burnt down st the French papers style the place. The to lead to their own benefit. And it may vessels hoisting code pennant C, betweeng and Feking three years ago, struck for still higher correct reading of the message, it may be fairly 10.30 a.m. on Sunday, to convey man aslóre ti | wages. Not only would they themselves”not simumed, is that the Siamese Goverment is work, but they refused to allow others, who were alarmed at the war-like preparations now belog
the better part of valor, until at least it is really known what the French are coming at, and what is the actual nature of their demandt, However, three French men-of-war, the Trim phants, "Inconstant and Lian, arrived bein❘ this morning on their way South and the chances are that before long something defalls will be arrived at.
The Chairman -The matter to now under Inquiry, and while it is under inquiry I would rather not say too much about it, but it could not possibly have been anticipated by us, for the reason that the cash turns from the branch in question were greater this year than in any pre- vious year. This deficit could not be known until the balance sheet was made up; we do not get the balance sheet out until May.
be worth considering that in all probability | the II o'clock service, returning about 12.10.aly too willing, to take their places, as the paymado, by France and that it deems discretion balance sheet until after stock is taken ?
REUZER wires that Mr. Gladstone was fondly bissed by rullans of the so-called Valonin Party, while walking with the Royal party presumably the Queen and her suite at the
THE old Hotphong harbour guard abip Zik was is double the ordinary rate on account of the recommissioned at Shanghai on the "141 fast. | anxiety of the Board of Works to finish by Lieut. Ravenhill, the new crew having anived the work as soon as possible so as to by H.M.S Caroline. The Esk, it is stuted, la be in time for the Fmperor's next sacri. the first British men-of-war commissioned at ice. The two hundred and fifty men were Shanghai.
nt Ance traprisoned, bag and baggage, by the Board of Punishments. They are not released yet, nor will they be until the Temple is completed. Two hundred more carpenters were then engaged, and during the interval everything was being rapidly pushed on; bat just at this critical moment, when another mon thing, undeterred by the previous example of their predecessor, these last two-hundred, also struck for higher wages, and sought to prevent others from replacing them. The result has been the same. On the and inst, they were sent to four hundred and fifty of the best Peking car- keep company with their predecessors, and now Penters are, langulshing in prison, repenting at lelaure their former perversity.
Mr. Wicking You would not receive any
The Chairman (-Just so ; stock is taken at the end of, the year, but It takes a long time to do it, because the people who do it have their time fully occupied with the current business, so that practically it cannot be dode except in their spare time. In this case there was not the slightest indleation that there was any loss to be feared, for as I say we had received from this ares, more money in this past year than in the department, which is spread over a very wide previous year. All these things were known to me, for even when I am away I get the figures; and the abstract of the besinces of each month Therefore, seeing that everything looked, as far as I could to anticipate that there would be falling see, healthier than ever before, I had no reason
off in any department, except no account of exchange-and as to that, I hoped, as I said before, that that would have been covered by in- creased business, as it has always been in former cases. (ApplausS.).
The following lua List of Waters always kent by fire are reduced to a minimum, opening of the Imperial Institute, No more month's hard work would have finished every«ged; the fore and main holds on the stasboard is-forwarded by the mall to m.
reads In Stock :---
PURE AERATED WATER
SODA WATER
LEMONADE
POTASH WATER
a substantial number of exhibits at the World's Fair in Chicago would find their way to Hongkong.
As the scheme is only in an embrys stage, to enter into minute details at pre- sent would serve no useful end. Several sites in the Colony admirably adapted for the purpose are readily available; matshed buildings can be easily, cheaply and rapidly constructed, and, as with the electric light all danger of losses applications for space by exhibitors from alcant compliment could have been pild the
greatest of living statesmen, all parts of the world would probably exceed the limits available. Recognising that a large influx of visitors naturally means an increase of local prosperity in every branch of trade and a supply of the coin of Commerce so badly needed in our depleted public treasuries, the next thing to be decided is as to the organisation of the proposed Exhibition. We would suggest that a representative Committee be appointed to draw out the general lines on which the enterprise should be con- ducted, to interview the Government, the Committee of the Chamber of Commerce, and the leading European and Chiness merchants and Shipping Companies, and then, after being assured of actual support that can be rolled on, to formulate general The Hongkong Dispensary, Hongkang proposals for the approval of the com- munity. We cannot see that anything further can be done at present.
SELTZER WATER
LITHIA WATER
SARSAPARILLA WATER
TONIC WATER
LEMON SQUASH GINGER ALE
RASPBERRYADE 'GINGERADE
No Credit given for Bolles that Jack dirty or pressy, or that appear to brvé heen med for any
thes farone that that of containing Aerated Waters, as such Botties are never used again by
せま
31
A. S. WATSON & Co., 'LIMITED,
MARRIAGE.
At the Trinity Cathedral, Shanghai, on the 1gh May, by the Ven. Archdeacon Moule, HARRY WALTER GYE, to LUCY ELLIN HOPLAND, elder daughter of I. W. Allen, of Shanghai,
DEATH.
:
At Bath, England, ZACHARY BROOKE DRAGE, formerly Marine Superintendent of the Indo- China S. N. Co, at Shanghai. (Bỳ wire.)
The Hongkong telegraph.
The N. C. Daily News of May 16th report that the Chungking arrived alongside the stranded steamer Whampoa on Friday the 12th fast and found a beavy sea on and the vessel badly
alde, ap to the under bulkhead, were full of water, deep. The cargo had been jettisoned in the and the water under her stern was five fathoms
tween decks of the fore and main holds sed alia two tiers of it in the lower bolds. If the weather permitted it was hoped the Whamppa would be forted last Sunday or Monday and beached on sandy spot. The two holds would then be platformed, and the task of getting her back 10 Shanghai commenced. The locality of the Whampoa's sccident is half a mile-from the all round. Tae Chiueso sent a gunboat to hand, and forward of the funnel there are rockr
protect the vessel and the natives are friendly, H.M.S. Leander had called at the wreck, and proceeded on finding that her services were na required.
Mr. Hough There is another item in the accounts that perhaps you would be good enough to shed a little light on, I see in the accounts stock, $52,500, is shown as an asset. Will you "Hongkong & Shanghai Banking Corporation kadly inform us what that represents!
Mr. Taylor :-May I say a word on that sub-
ject? There are several fiems in this account that I am not satisfied with. The first is $100,000 for good-will. Now, good will is not an asset. By a book-keeping fiction
A CORRESPONDENT, who signs bimself A Lover of Music," suggests that Colonel Raven. hill and the Officers of the Shropshire Light
| Infantry would conser a great boon on the com- magnity at large by allowing (ordering) their splend! Band to play in the Public Gardens afternoon and evening alternately once a week during the summer months. No doubt such a people--but what about the Band? Our corres concession would be a boon to s good many pendent must surely know quite wall that mili taxy bandsmen have their regular work to do
The Chairman"-I will answer your ques daily, just the same as anybody else, and that
tions so you go on, Mr. Taylor, if you will allow The ordinary annual meeting of shareholders me, and take that one now, as I might overlook this boon," although it might mean nothing is this Company was held to-day. Mr. J. D. afterwards, it is a matter of opinion. “It Is bat selfish enjoyment to outsiders would entail Humphreya (general manager) presided and always stated as an attek.. The good will of a serious hardships on men who have already here were also present Messrs, G. T. Veitch, business in England is usually considered to be quite enough to do, especially during the trying Farrow. Stapleton. T. Arnold, Oldfield, Sutton, worth three years' net profits. That is the value heat of a Hongkong summer. The Colonel and app, Chandler, W. Parlane, C. S. Taylor, R. In England, and it is the amount you would have Officers of the Regiment are already quite gene. Wlicax, JH. Cox, R.. Lyall, E. Terry, R to pay for it here.
A. S. WATSON & CO., LIMITED.
THE tade of manufacturing umbr Has a cus to be going stead by Traps and bounds Japan, for we learn from a contemporary the the number turned out in 1887 077 representing a relua of yen 26 857 while for 1891 the figures att 1,302,174 and yes 364,308. The arilcle out of the markets of their country but "laps have not only drives the foreige are now huliding up a big export trade. AMONGST other possessions of which It might well be proud, Hongkong can boast the "boss" surer of the East. A citizen to tempora dificultles applied to him a day or two sited for loan, for oss night, of $350, offering a fair The price of the accommodation was $at After percentage and securities. valued at about $175 this it would to an interesting sight to witness this gentleman going through the camel kad needle set, before bargaining with Peter for a cheap harp and a back seat aming the Jut THE Shanghal cricketing season was opened a the 13th inst, by the time honored match First Eleven . Thinly two. The latter team went first to the wickets and totalled 145, four of their batamen falling to put in an appearance. Lent. da Costa (44), W. A. C. Platt (34), F. C. Hefferus enough towards the public in the gratulionenwood, CT. Clement, A. E. Skeels, G.Mr. Tayler If you would note down what I (16) and S. Smaller (16) were the highest scorers, men are. liberally paid for any extra work Bamsey, Balley, T. F. Hough, E. Jones Hughes, services rendered by the Band, and until the Cox, W. E. Clarke, H. Wicking, F. Rapp, W. The Eleven had piled up 133 for the log of six required by so-called "Lovers of Musto," wend A. H. Mancell (secretary),
W. H. Wickham, G. Snelling, S. S. Berjimin, wickets (St. Croix $7, Carruthers 35, W. H. should draw the line there... While on this Moule 18 and H. Baker 13) when the stumps subject it is perhaps as well to mention that The notice of meeting having been road, and the game were drawn. Charlin' Buff took some third-class idiot recommends in this morn
The Chairman said-Gentlemen, for the fit four wickets is one over.
Ing's Daily Pratt, above the signature Schuline since the Company has been established performances on the Praya Reclamation opposite or dividend, in this instance from 14 per cent, merlied," that the Band should give moonlight bare thought it prudent to reduce the amount of the Hongkong Bank because the pure sea air, 10 per cent. I hope you will believe that this har the long, level promenade, and the beautiful been resolved upon in the Interests of the Com Mr. TaylorBy a book-keeping action, you (sic!) acoustic properties of the ground, all pay as hole and also of the great bulk are allowed to keep it in your books as an asset the shareholders Individually. It would hard until you are able to write it off but the very
It
wards, it would perhaps save some time and be have to say," Mr. Chaliman, and answer aftere
a little more in order,
The Chairman:-This question does not wize out of the present balance sheet at all. Good will has always been slated an asset, over since the business was formed,
ANOTHER "EWO" GOLD-MINE,
Tax movement that has been on foot for some short time past in this colony under the direct auspices, It is said, of a syndicale originated in Vancouver, B. C., and engineered by Mr. J. J. Kwick, resident senior partner of Messrs.JADE, Matheson &Co,, late agents in the Far East for the alleged Imuris Mines, to start a system of "OLD Sport-The name of Baron Hanlogy low-level tramways in Hongkong, who was lately convicted in England and fixed proposed and unsucessfully attempted to so for indecently assaulting nurstgel in be carried out ten years ago when backed Regent's Puk, appears in the list of members up by the wealth, influence and official of the English Joʻkay Club. We are not aware. I lead themselves very favorably for the purpose been in easy matter to have added to the tet i first thin · an honest company ought to do would aupport of the colony, is about the most of ́any stop beving been taken to expl him And we are now in to me, "&s to which 01 | trofits of the year the amount at the credit of be to wet it on. You are in a position to write AND COMMERCIAL EXHIBITION. barefaced attempt to folat another Morally and scially his lordship who, by the the journalists mudband who allowed such
from that Club in consequence of such conviction, the twain is the bigger Schumerlied or the Reserve Fund to meet contingmcles or for it off now, and why you do not, I don't know.
HONGKONG, SATURDAY, MAY 20, 1893.
THE HONGKONG INDUSTRIAL
hopeless enterprise on a community, way, is the patron of eight church vingi-subbish to appear in his paper, already In condition of almost be a very bid character, and yet a most useful, E
to
of
- Mr. Taylor way it is not an asiet!
The Chairman You are entitled to your oplulon, but it is wrong!
of local affairs, Dr. JAKES CANTEIX, has universal beggary, that even Hongkong | upright and honorable supporter of recleg He THERE is a bold, broad humour, says the Sydney carried and deducement to do this, especi- | who do not lequire into these things with a
TER TWO SIDES OF THE DUMMY.. It was not meet to legislate - Against the dummy buyer's He laboured bravely to inflate
And send the prices higher Ha purchased ahares the ilveling day, Which kept the market “hummy," And everybody used to pray
Laid, preserve the dummy!" When scattered gold
And consciences were aisy-- In those ecstatic days of old
The dummy was a “dalay," His dealings did not vex the Crown,
And, though his game was fummy, No-mored for putting down That omnipresent dummy.
the equalisation of dividends, to have declared You might as well value it st $600,000 and make For the past few weeks that atormy petrel
the usual 7
cent. for the half year, and hars a special reserve fund of $500,000 to balance IL $8,704,851.20 a now account Then you would go before the public--people been feeling the pulse of the leading has known since the Luzon Sugar Reßnery won the Derby and St. Leger of 18 with Bulletin, in the stated determination of the
Victorian Government to suppress dummy ally as the reduction of $10,025.33 in the amount capital of $600,000 and a reserve fund of nearly business men of the community as to the was brought into existence by the same Melton.
transactions la bank shares, now that the once of the net profits of the year as compared with $800,000! You ought to write down your feasibility or practibility of the colony generous philanthropists. The reasoni holding a great Industrial and Commercial which made a low-level tramway system race of good old khans whose deeds, after-roaring "bull has drawn in his horns and 1898, is to a large extent dae to circumstances reserve fond from $195,000 to $95,000.
nately, of valore and atrocity, fuelshed || become a “fbear."
which are not likely to recar. These circam. The Chairman pil will answer that first, if Exhibition, in which the whole world will imposible in Hongkong ten years ago material for the-adornment of early Eastern
dances are le round numbers as follows-As you will allow me, so that we can get on with be invited to participate, within two years and which even our Immaculate friend, history wold set to be most vortálly
Increase of $4000 in the amount written off for one thing at a time. As to goodwill-being an from now. Theides, if not quite an original || Surveyor General J. M. Price, was com- represented in the persɛn of the present
bad and doubtful debis. Reduced profits from asset, I differ from you, and you are absolutely one, has nevertheless sufficient attraction pelled to admit exist exactly the same ruler of Khelt Recent telegrams bari giren
(wa: European branches $6,000, A decrease is wrong. You do not know, perhaps, quite as the profits of one of our principal departments of much about a retail business of this sost as I and novelty about it to ensure more than to-day; and furthermore, the rickahms and vague particios of some of his actions which a
$16,000. A quite exceptional loss on the negotia do, for I have been interested in it in some ordinary consideration being devoted to gharries have established a solid con correspondentofthe Rangoon Yokes nonvexities. writes thil in the course of an argument on
ion of our London drafia on Hongkong of $7,000 shape or form the whole of my life. This its merits and demerits, its prospects of nection that no tramway in the world matters costering the State the Khan abused success and Its chances of failure. About could materially affect. Mr. W. DANET', the Was y, Mutada, who on this drew
These make a total of $33,000, or $4,000 more say, in the proper way to do it. Everything is als pistol
than sufficient to account for the total reducties worth what it will fetch a dozen years ago a practical suggestion, report to the promoters of the proposed He was immediately softed, handcuff, and
of profits for 18ga. In addition to this there Mr. Taylor-And it will not fetch one dollar t made by that well-known and energetic Victoria Tramway Co. In 1881, as proved condemned to death as a traitor The Wazir
has been an estimated reduction in the net profits The Chairman I will undertake to say that "Director of Italian Opera Companies, by the Hongkong Telegraph at the time, offered a lakh of ropees to obtain his freedom
of the business by the fall. In exchange of I will sell the goodwill of one department a lone the late Signor CAGLI, to give a Grand was a most feeble exhibition and utterly and pardon while his father and a fried came
$11,000. The Company has borne this loss on of this business for $100,0001 (Applause.) inchange, feeling convinced, that a time of Mr. Taylor You can't sell the will Universal Exhibition in Shanghai, was worthless for the purpose required, and to the Khas and begged bias to reuse the
good. Wazit, and bisson who had also been imprisoned.
general depression was most Inopportune without the whole business.
2 enthusiastically taken in hand by the we shall be glad to prove it again by The Khan then became Infuriated with the
for increasing prices, with a view to counteract The Chairman'!---I enterprising residents of the Model Settle-data that cannot be controverted. Next father and pidered the execution of the ment, and all preliminary arrangements week we may find time to deal with this whole four, who were taken, to a gateryard had been satisfactorily completed when subject more fully, after referring carefully near Bagh and pot to death In Be most Internecino troubles arose which eventually to the events of 1881 to 1883 as published cruel manner. Th Wazir's father, being very caused the utter collapse of an undertaking in this journal, and meanwhile we are glad old and unsile to wa'k, is stated to hire been that had promised to prove a great success. to learn that Governor Rosson, doubtless carried to the place of exscuitos on a sharpey If we remember rightly, the princely firm acting on the advice of Mr. F. A. CoOPE to stand in the middle of the cemetery and were Ramour stɔis that the other three was "ade of Jardine, MATKRION & Co. wished to the able Director of Public Works, there murdered by about fifty swordsmen of the autocratically "boss", the entire show; opposed to the entire scheme, There may State, whogst the victims to pieces... Afer the this was not agreeable, to a majority of be a remunerative field for tramways on execution the Khan, went, nesange to the the essentially cosmopolitan commercial the new Praya after it has been called fato Bridea Fallical Agent at Khelat, leforming him classes and a split in the camp arose, exlilence and, when proper roads encircle of how he had dealt with the Wast and his which ended in the BRAMINE of the the land; but there is to room on the relatives. The Khan ise made petserse
the famlik of the deceased, but enatually «Muckle hoose" withdrawing their present sea frontage or in Queen's Road. berated them on the demand of the Folldical patronage and support, and in the firm of But we seriously doubt if any tramway Agent zið Khan has paid no iné, as com- Haiz and Houzz being appointed repres sysum will pay in Hongkong for at least passilon, in the relatives of the decused, an sentatives to arrange the Häbbition: /ha || the next quarter of a century,"
no supla fito baa yot been imposed,
|
But when the fatness turned to lean, And pastures green grew yeller, The dummy changed his mood and min
He started as a seller. From low to lower dropped the shares, And everyons looked clammy; S A change came o'er financial prayersma O Lord, conlóand the dummy !! An evil was the dummy then,
Who once had been a blesileg This conduct," said the leading me? Needs very prompt suppressing." In bearing down and raising price
We, therefore, sen (how xammy 1) The diference "twist simple vice
And virtue in the dummy,
goodwill of one depart
He effect. In point of fact, the fall ale to say that I can sell the good will undertake exchange is equivalent regardsonment of the business for $100,000 lihin a customers to's, large reduction is prices. This month and leave most profitable business may be more readily scen by a comparison of still to the shareholders, worth another $100000} retall prices at the Hongkong Dispensary with
Mr. Taylor-You can't do it, because the English retail prices. All proprietary articles goodwill cannot be separated from the business retalled in England at afg have been sold by us as long as it is a going business. it 2/8 and so on. Aerated waters sold at deren in England have been delivered by us at 14a dosen, and of better quality, costing mos to product, as most of the raw material has to be imported from England? The figures l'have given you clearly show that in declaring the starim dividend at the old rate, after seeing the results of the business done, I was Justined in Mr. Taylor I doubt it, assuming that the clasicity of the business in The Chaliman You can doubt it if you like, adapting itself to circumstances, which feature but what I said is a fict--and there is soms. has always been apparent in the past, would thing more than that) I hava voceived offme for Sare covered the sors which was certain to ) in in the pan, skóbeding the figures i have namedi
The Chairman I beg your pardon Mr. Taylor:-The goodwill belongs to the Company, and as long as it is a going concern you cannot take it apart from it
The Chairman I could sell the good will of a part of it, I liked of course I have no such intention, but I could,