To-day's Advertisements.
HONGKONG AND SHANGHAI BANK-
ING CORPORATION.
THE DIVIDEND declared for the Half
Year ending 30th June last, at the Rate of ONE FOUND and TEN SHILLINGS STG.. per Share of $115 is PAYABLE on and after -MONDAY, the 21st Augini, CURRENT at the Offices of the Corporation, where Shareholders are' requested; zo apply for WARRANTS.
By Order of the Court of Directors,
T. JACKSON,
Chief Manager.
Hongkong, 19th August, 1899.
CHINA NAVIGATION COMPANY,
LIMITED
FOR SHANGHAL
'HE Company's Steamship
THE
"WUHU,"
THE HONGKONG TELEGRAPH SATURDAY, AUGUST 19, 1899,
To-day's Advertiseme
THEATRE ROYAL
ONE NIGHT ONLY:
TO-NIGHT
· (SATURDAY), the 19th August, 1899, THE AMERICAN TRAGEDIENNE JANET WALDORF, ASSISTED DY
NORVAL MCGREGOR,
ADA DON ÇURKIER and
VIRGINIA CRANNA.
[1053
and, 3rd and 4th Acts of ROMEO and JVLIET, and the 1st, 2nd and 3rd Acts of INGOMAR.
RESERVED. SEATS ROBINSON PIANO Co's.
N
Captain Benson, will be despatched as above
on MONDAY, the 21st instant, at jo A. M.
For Freight or Passage, apply to
BUTTERFIELD & SWIRE,
Agents.
Hongkong, 18th August, 1899.
[10310
DOUGLAS STEAMSHIP COMPANY,
LIMITED.
FOR SWATOW, AMOY AND TAMSUI
"HE Company's Steamship
THE
"HAIMUN,"
Captain Davis, will be despatched for the above Forts, on MONDAY, the 21st instant, at Noon.
For Freight or Passage, apply to
DOUGLAS LAPRAIK & Co., General Managers,
Hongkong; 19th August, 1899.
EASTERN AND AUSTRALIAN STEAM- SHIP COMPANY, LIMITED.
FOR SYDNEY AND MELBOURNE. (Calling at TiMor, Port DarwIN & QUEENS- LAND PORTS, and taking through Cargo to ADELAIDE, NEW ZEALAND, TASMANIA, &c.)
HE Steamship
THE
"AUSTRALIAN," Captain Helms, will be despatched, as above on FRIDAY, the 1st September, at 4 P. st.
This well-known Stenner is specially fiued for Passengers, and has a Refrigerating Cham ber which ensures the supply of Fresh Provi sions, Ice, &c., throughout the voyage.
This Steamer is installed throughout with the Electric-light
A Stewardess and a duly-qualified Surgeon are carried.
NB-Return Tickets issued by this Com -pany to and from AUSTRALIA, are available for return by the Steamers of the CHINA NAVIGA TION COMPANY and vice verså.
For Freight or Passage, apply to
GIBB, LIVINGSTON & Co.,
Agents.
Hongkong, 19th August, 1899.
[1054
THE PENINSULAR AND ORIENTAL STEAM NAVIGATION COMPANY.
STEAM FOR STRAITS, CEYLON, AUSTRALIA, INDIA, ADEN, EGYPT, MEDITERRANEAN PORTS, PLYMOUTH AND LONDON. (Through Bills of Lading issued for BATAVIA, PERSIAN GULF, CONTINENTAL and AMERICAN Pours.)
HE Steamship
TH
"CHUSAN," Captain E. Street, carrying Her Majesty's Mails, will be despatched from this for BOM. BAY,&c, on SATURDAY, the and September, at Noon, taking Passengers and Cargo for the above Ports.
Silk and Valuables, all Cargo for France,
WEATHER REPORT.
The Obse
On the for
eport says 1-4
marometric changes are unimportant Presstire remains law in the Pacific to the B. of Luzon. Also a trough, of low pressure, behreen N.E and S.W. wiods, appears to be lying across the middle part of the China Sea. High pressure over Japan. Gradients slight. for E. winds on the China coast. FORECAST Moderate to fresh Ewinds; fair to showery..
·LOCAL AND GENERAL, LORD Kitchener of Khartoum says that the Soudan is already paying taxes five times in excess of his anticipations.
* THE first part of an interesting story, by the well-known authoress Katharine S. Macquod,
will be found on our extra sheet.
THE Duke of Westminster has presented to,oco, which he won recently over the ROW on Sale at Eclipse Stakes, to the Rhyl Hospital, in Wales. RUDYARD KIPLING has met with another mis fortune. While out walking in London, he 'was attacked by a dog, and was badly bitten
before the animal could be driven off.
PRICES
........$1, $2 & $3 Soldiers and Sailors in uniform Half Price to Back Seats only.
[10334 THE Supreme Court of Leipzig, in a case of Hongkong, 19th Augusi, 1899.
ITSUI BUSSAN KAISHA,'lèse majesté,' has decided that the Kaiser is M
not the Sovereign of Germany, the sovereignty of the Empire being vested in all the Federated Governments together.
No. 6, le House Street, Praya Central.
Head Office:-TOKIO.
Branch Offices:-
JANOWSKI, who represented France in the LONDON, NEW YORK, BOMBAY,
recent London International Chess Cougiess SINGAPORE, SHANGHAI, TIENTSÍN, NEWCHWANG and all Ports in JAPAN.ourney, has challenged the winner, Emanuel,
Agencies -
Lasker, to a match for the championship of the work, now held by the last-namex). THE Band of the Hongking Regiment will play at the Hongkong Hotel this evening from 8 p.m. to 1.30 p.m.
Miiki Coal Mines. Kanada Coal Mines. Hokoku Coal Mines. Yoshinotani Coal Mines. Ohnoura Coal Mines. No. 1, Olisuji Coal Mines. Ichimura Coal Mines. Kishimu Coal Mines, Yoshio Coal Mines. Yaniano Coal Mines. Manoura Coal Mines.
The Osaka Shosen Kaisha, Ltd. Tokio Marine Insurance Co., Limited. Meiji Fire Insurance Co., Limited. Kanegafuchi Cotton Spinning Mills. Shanghai Cotton Spinning Mills. Tokia Cotton Spinning Mills. Miike Cotton Spinning Mills. Imperial Government Paper Mills. Onoda Cement Company,
MITSUI BUSSAN KAISHA, K. HASEGAWA, Manager. Hongkong, 19th August, 1899.
*
Intimation.
· LIMITED.'
WINE AND SPIRIT MERCHANTS.
T4;
Maigh
Overture Vale.....
Selection.
Clavaste...
Potka.
PROGRAMME.
"Iym Wood"
Zamolly"
Clark
Aulser.
'Sobre las Olas
Roška
"A Gaiety Car
Jossen.
"Imperiale
Faust.
"Fun of the fait".
Aigrette.
"God Save the Quren."
It seems a great pity that a company of Volun teers that has lately been started with a good share of success should, owing to the Want of a little business thoughtfulness, fail to accomplish the useful workfor which it was formed. Several complaints have reached us, that a parade was ordered for a certain time, but afterwards, with out giving due notice, the hour, was altered to an hour earlier. Time is money to a business man and when he finds he is an hour late for the parade he naturally goes away with unkind thoughts.
MIGHT we suggest to the Water Authority that a notice of his intention to cut off the water for several hours at a time would be greatly appre ciated by those householders affected. Yes A. S. WATSON & CO., teday we had no water in the office all day, and newspaper offices need a fair amount for various purposes. Even the much maligned printer's devil washes his hands occasionally, and anyone aware of the amount of dist to be assimilated from a damp proof will sympathise with the poor proof-reader when he is obliged to leave for home with, black grimmy hands on account of the water being cut off. Some journalists even drink the useful fluid, and who can wonder at their bad temper being shown in their writings when forced to go thirsty ?'
HONGKONG AND SHANGHAI BANKING CORPORATION
ESTABLISHED A.D. 1841.
SCOTCH WHISKY.
Per Cam I dou
10.80
ATUORSE'S BLEND, White
Capsule
$10.80
B.WATSON's
C-WATSON'S
GLENORCHY MELLOW BLEND, Blue Capsule, with Name and Trade Mark
ABELOUR- GLENIAVET, Red Cap- sule, with name" and Pride Mark
OP THE FINEST SCOTCH MALT WHISKIES, Vio- let Capsule
and Tea for London (under arrangement) will).WATSON'S H.K.D., BLEND be trushipped at Colombo:into a
stcamer
proceeding direct to Marseilles and London; other Cargo for London, &c., will be conveyed vid Bonbay.
Parcels will be received at this Office until 4 P.M. the day before sailing. The Contents and Value of all Packages are required.
Shippers are particularly requested to note the terms and conditions of the Company's Bills of Lading.
For further Particulars apply to
H. A. RITCHIE,
Superintendent.
Hongkong, 19th August, 1899.
CHINA NAVIGATION COMPANY,
LIMITED.
FOR MANILA.
HE Company's Steamship
TH
"CHINGTU,"
ES
Captain Williams, will be despatched as above on TUESDAY, the 5th September
The attention of Passengers is directed to the Superior Accommodation offered by this Steamer. First Class Saloon is situated for ward of the Engines.
A duly qualified Surgeon is carried and the Vessel is fitted throughout with Electric Light.
For Passage, apply to
BUTTERFIELD & SWIRE,
Agents. Hengkong, 19th August, 1899. loya
CHINA NAVIGATION COMPANY,
LIMITED.
FÖR PORT. DARWIN, QUEENSLAND PORTS, SYDNEY AND MELBOURNE.
THE Company's Steamship
ACHINGTU Captain Williams, will be despatched on: TUESDAY, the 5th September, at Noon..
The intention of Passengers is directed to the Superi Acconimodation offered by this Steamer The •First-class forwardi of the Environ is situated!
Chamber ensures
Provisions during the entire voyage, NAPEN
4.
·E.—WATSON'S VERY OLD LI
12.00
A.
HALF-YEARLY MEETING.
The Ordinary half-yearly general meeting of shareholders in the Hongkong and Shanghai Banking Corporation was held in the City Hall at noon to-day. Mr. R. M. Gray occupied the chair, and there were also present-Sir Thomas Jackson (Chief Manager), the Hon. Keswick,, Messrs. E. Gretz, A. Haupt, N. A. Siebs, D. H. Hill, A. McConachie, J. Raymond, P. Sachse, E. Shellim (directors), Ilon. C. P. Chater, H. N. Mody. S. Hancock, V. J. C. Hawkins, J. C. Peter, G. Stewart, Ka Chinon, C. J. Gonsalves, D-Gillies, P. A. Barlow, F. Henderson, G. A. Bain, Lun Wui Chan, Sham Kan Sui, E. A. Whealler, G. 14.40 11. Wizcals S. Joseph, A. Joseph, Ezekial, 6. de Champeaux, A. Sharp, D. D. Grizdar, J. H. Michael A. G. Stokes, J. C. Cox, J. R. Michael, Hart Buck, W. S. Bamsey, Lysaught, Captain Goddard, Ho Tung, C. H. Rogge, G.H. Potts, G. George, J. Lewin, W. A. C. Cruickshank, Haugh, H. Wickham, and W. H. Gaskell."
QUEER SCOTCH WHISKY, Gold Capsule 15,00 Thonse's BLEND and WATSON's GLENORCHY are high class Soda Whiskies, of greater age than most brands in the market..
ABELOUR-GLENLIVET is a very old Peat Whisky (smoky) and could not now be replaced in stock at the price, D is well known for its fine flavour.
E is of superb quality and pro- nounced by leading local connois seurs to be the best brand in the Hongkong market.
A. S. WATSON & Co., Limited. THE HONGKONG DISPENSARY.
The Hongkong Telegraph
HONGKONG, SATURDAY, AUGUST 19, 1899.
REUTER'S TELEGRAMS.
THE TRANSVAAL DIFFICULTY."
LONDON, August 17lb: There are various indications that pourer A duly qualified Surgeon is carried and the fers of some kind tending to an agreement are Vessel is fitted throughout with Electric Light Return Tickets issued by this Com
pany to and from AUSTRALIA are.available for retum by the Steamers of the EASTERN AND AUSTRALIAN SS Co. and vice versa. For Freight or Passage, apply to JAIS BUTTERFIELD & SWIRE,
Hongkong, 19th A
Sir Thomas Jackson read the notice con- vening the meeting.
Our
THE CHAMBER OF COMMERCE, AND THE DISTURBED STATE
COR KWANGTUNG: 2 **
SUGGESTIONS FOR THE SUPPRESSION ==
"THE EMPLOYMENT OF BRITISH CURBOLTS,
RECOMMENDED FO
The following correspondence is attached to the minutes of the last monthly meeting of the General Committee of the Hongkong General Chamber of Commerce nem szer
amónny not förbe
pigs valued at $ion to
Your houses at Loon by robbers and clo
carried away-Aff
“At Kwong/Wab, Shung ing house was robbed of Socc
*
A boat from Loong Kong to Sul Cam, near ing Lock was held up
tes and, 200 stolen ha Another boat, plying from Canton to Kong: Moon, was stopped by pirates and threatened to be seizeci unless the captain pay $400 on his Enext trip
At Loong Kong, Shun Tak district, a rich family was robbed to the extent of $2,000,
A steain launch from Macão to Wucliow was held by pirates, valuable cargo stolen, and the purser shot.
steht launch from Canton to Whampoa was likewie stopped by pirates and $1,000 stolen
Quan Hing a silk marchant, sending money to Loong Kong to buy silk, was robbed on the way to the extent of $1,000,
Hongkong roth August, 1800 R, M. Gray, Esq; Chairman, Hongkong Chane
Hongkong 31st July, 1899 Sir-We beg to enclose copies of letter which our Canton · firms have addressed to H.B.M. Consul (at-Canton, and also to the Canton Chamber of Commerce, on the subject of the disorganisation of the silk trade there, caused by the lawlessness now prevalent in the provinces of Kwangtung and Kwangs, which seriously interferes with the delivery of Bilk that is under contract to foreign buyers.
The Chinese officials hitherto have shown themselves quite incapable of coping with the situation, which is daily becoming worse and it requires no stretch of imagination to disce that this state of affairs must seriously interfere her of Commerce. with all branches of trade. (deel van Bee E Dear SA practical instance of the inter
The large interests involved impel us to iption to tende caused by pimacy on the rivers.
as early as possible, and to make such repres to ente request the Committee of the Hongkong of the Kwans Chamber of Commerce to take up this matters this momis sentations to H.H.M.'s Minister at Peking that ant steps may be take for the effective protection of British interests in these provinces.
Trusting that the Committee will be good enough to give their early attention to this important question." We are, Sir,
Your faithfully
JARDINE, MATHESON & CO...
REISS & Co.
A Bank wants three things vir Good chamt- ter good-management and sold respurces. of its own,” (Applause.) In the absence of anyone of these, pronounced success would be. impossible. Qur proposal to write:$150,000 off Property Account, will, if approved of reduce the amount at which the whole of the Dank's properties stand in our books to $71,610.05. You are aware that our object is beating accounts out of our books. Our pro as far as possible to eliminate all non interest perties originally cost $3,151,000, and are now. worth a sum fargely in excess of that antoul, some of them now require extensive alterations and others ful: reconstruction to make them: suitable for present requirements. There are *still rent offices, and many ports, where we where it would be desirable to purchase lard as favourable opportunities offer and to erect premises of our own. This is our dim, and the present satisfactory state of the Bank Premises Account places us in a good position to realizes. (Applause) Our Note Circulationis $3,612,695 in excess of our authorized issue of to mii- lions; against said excess. we have lodged with the Hongkong Government $5,000,000 leaving us a margin for the further issue of notes to the extent of $1,377,305 against the coin already deposited. The Hongkong Co. vernment has recently extended the privilege of the amount of our Paid up capital gait we at present enjoy, of issuing notes in excess
a deposit of coin, for a further period of twelve months expiring at the end of July too, The Strails Government is gradually getting its notes into circulation. In lime we will be able to make available for. Hongkong the amount of our note circulation hitherto set apart for the. Straits Settlements. Current Accounts, and Fixed Deposits in Silver show a small increase compared with the previous six months say to- gether $93,750,219.18 against $87,943,573.21 on on the 31st, December. Our Current Accounts and Fixed Deposits in Gold also show an in-- crease of £1,631,451 14 2 accounted for by the considerable amount of Chinese Government Funds we then had inveur possession, for a si milar reason our Cash Balance is unusually large. Bills Payable show a small decrease and Bills Receivable a small increase. On the last occasion on which we met here, my pr- decessor stated that we had participated in the floating of a Chinese Loan for £2,300,000, since then we have participated in the floating of a Japanese Loan. The moderate profits we realized on both transaction will come into the half year's accounts to the 31st, December. (Applaus) The China question still keeps prominently before the world, and is likely to do so for years. The great trading nations want a pros- perous China and equality of opportunity in commerce. I sincerely hope that such inay turn out to be the end of all the rivalries of recent years.. The Indian Currency Commission has after lengthy investigation decided upon a Gold Standard fixing the exchange at 1/4 per Rupee. Whatever the policy of the Gover-affected. ment of India may be with regard to currency, the people of India will continue to use Silrer, it is their money, and commodities will be measured in it for many a day to come Although we have not any artificial expedients for equalizing rates in China our exchange has recently been almost as steady as that of india, such a state of things affords very very little chance for making large profis in exchange, brilliant as are the results which we now place before you, and as they have been recently, I think it only right to point out that far as we can see it will be an impossibility
as
To the Secretay, Hankgong General Chamber
of Commerce.
Canton, 25th July 1899
province was brought before a leading dealer refused iness in produce on the ground was no security for transport. The ordinary circumstance, we through
Ona questión the dealer, he alleged that repeated; cates of junks"held up" for pay- diments, bad jecently occurred, causing serious apprehension, that under the circumstance he preferred not to come under engagement.
Fare Dear Sir,
Yours faithfully,
BRADLEY & Co. Hongkong General Chamber of Commerce.
Hongkongy 4th August, 1899. R. W. Mansfield, Esq., H. U. M.'s Consul
Dear Sirs, I beg to acknowledge receipt of Canton.
your letter of the soth inst giving a very prac Dear Sir,The undersigned British firmsical instance of the intemption to business beg to bring to your notice that they have re caused by piracy now prevailing in the pro- .ceived a letter from a number of silk dealersvince of Kwangtung and Kwangsi, which
referring to the unsettled state in the chief silk laid before the Committee. The subject is now districts near Canton, which renders it impossi receiving attention at the hands of the Com ble to them to duly deliver to us the silk previe ously sold to us for forward delivery.
We beg to enclose a copy of said later re ceived by us, giving details of a few of the rob- beries, piracies, and blackmailing, casca com- mitted lately. "
their, representations will not
Yours faithfully,
RM. GRAV
Chairman,
To Messrs, Bradley and Co., Hongkong.”
Hongkong General Chamber of Commerce
Hongkong, tith August, 1899.
Since several weeks our native friends have daily been reporting to us cases and explaining. to us why the deliveries of silk should come in so slowly, but instead of diminishing, the dan ger to the trade in general, and particularly for the silk trade (owing to the great value of silk); has been growing daily, so that the interests, of the foreign firms in Canton aro now seriouslying telegram to you
By the courtesy of Messrs. Jardine, theson Co, we sent yesterday, through the. iédium of Mr. AV, Keswick, MJPy the follow.
| Kwang provincos very unsettled. No relis As is usual in the silk trade the native merance can be placed in the Viceroy of Canton, chiants have during the last 4/6 months made Piracy interferes seriously with trade. We urge considerable contracts with the foreign firms you the necessity of more gunboats to
protect our interests West for delivery chiefly in June, July, August,
now ber confirm the above, and doing Some considerable deliveries were made In
will endeav June, but since a few weeks, notwithstanding a,
some part good third crop having come forward, deliverjes are daily falling off
As you will see from the information sent to you direct by each of the undersigned, the con-- tracts they have still on hand are of considerable. magnitude and we would therefore ask you 16- find some means to protect, as far as possible.
our threatened interests.
།
Yours most respectfully,
to continue them upon the same scale in the
It is evident that all the silk bought by us future. Ordinary exchange banking with finely cut margins can only yield moderate profus.from the natives has been sold in Europe We can congratulate ourselves that while the and America and that we are responsible for ali opportunity for making.extraordinary profits claims arising from late or non-delivery of these lasted we look full advantage of it; and placed silks.
We are, Dear Sir, the Bank in a position of immense strength and Another thing, Gentlemen, we have security.. recently had an almost complete immunity from losses. (Applause.) It is hardly necessary for me to remind you this happy result is due to the thoughtful care and ability exercised by our Chief Manager (applause), ably second- ed by the Managers at our various branches and, the staff generally, and so long as our interests are in such good bands we may feel confident that whatever the difficulties may be in the future, the Bank, under such able management, is in an excellent position to come well through thein, While touching upon this point I would add that the Directors feel sure that the shareholders will unite with in congratulating Sir Thomas Jackson on the recent well deserv ed honor conferred or him by Her Majesty showing that his services have been recognised in a widersphere than our own immediate cir- cle (Loud applause). Before moving the adop tion of the Report and accounts L shall be happy to answer any questions,
No questions being asked, the Chainman, proposed the adoption of the report and accounts:
Mr. E. §. Whealler said-Gentlemen, I have great pleasure in seconding the proposal, the brilliant. In your remarks, Sir, you said results before us are, as our Chairman says, three things were needed for the Bank's success good character and good management the accounts show that we must possess them and I think they shew too that we have solid resources of our own, built up very largely from undivided profits or reserve fund and i am sure that you will all agree with me in cordially approving the continued building up of that source of the half year ended June joth, which report has brought the Bank to its present proed The Chairman read the director's report for strength to a continual of the policy which has already been published in our columns. position and given it the strength which He then went on to say:-Gentlemen, the coupled with good management, enables us Directors have the pleasure of coming before to feel assured of steady dividends and an occa- you with another excellent report, being able sional bonus. It is not only as shareholders to recommend a Dividend of 1.10 per share, in the Bank that we are interested in its strength place to lacs to Reserve, making it up to and well being. The prosperity or adversity of $11,000, write $250,000 off Property Account, and the Hongkong and Shanghai Bank is a matter, carry forward $963,000, odd. The to millions of vital importance to every foreigner residing of the Reserve are invested in Gold Securities in or having trade with the Far East--no serious as stated in the Chairman's speech at the last adversity could befall this Bank without affect meeting. In the present report we give a ing a much much larger circle than those who detail of said investments via You will notice are shareholders in it-therefore the prosperity that £250,000 of the 21% Consols stand at of the Bank is a matter of public importance 25 and exchange of 2/6 say $1,900,000. When so that the thanks of the public as well as of the Reserve was being converted into Sterling us shareholders are due to the management at exchange of 2/- we thought of writing down and Her Majesty has recognised this by the the price of the Consols to 90 and exchange honour she has gratified us by conferring on of 2/ but as that method would increase their our Chief Manager. Gentlemen, 1 beg to cost in our books from 19 lecs to 22.1/2 lacs.of.second the adoption of the Report and dollars, and as the Special Reserve had so long Accounts, (Applause)
stood at 2/6 exchange and 95 we decided to let Carried
+
T
Yest:
BAVE.
the
ng-10 the weakn inistration, the rich
ness have been
vho, encouraged by plunder linke and "towns and vers These outrages
„such an extent that? less than nineteen and puracies, many of them bloodshed, have been committed. within
producing districts alone; and, these are only cases that have been brought to our notice ; the actual condition of affairs. being in realitydar, worse than this statement. might be supposed to indicate. The pirates are growing so bold that they are only deterred the greater nak from attacking, foreign äs as the 20th ult, on the West as native stear raindeed, only as recently
steain Lunch flying the Portuguese flag was and boardedbyaj in charge and a the vessel loote has been stopped
TARDING, MATHESON: HERDERT DENT & CO. "ROWE & COM
TE GRIFFITH REISS & CONTEN
Canton, 25th July, 1899 To the Chairman, CantonChamber of Commerce, Dear Sir, We have pleasure in handing you herewith press copy of a joint letter, sent by us to-day, as British silk merchants, to HBM's Consul here, with reference to the numerous mobberies, piracies, and blackmailing.cases.com mitted lately in the chief silk districts, pirates,
This matter being one of very great imporThe feeble attemp tance to a great many of the members of the ment to cope with the h Chamber, we beg to suggest that the Committee are now in a position to of the Canton Chamber of Commerce also ad trious portion of the dress the Consul on this subject, so as to add worse than useless. The more ireight to the complaint brought forward me rifles and by us,
the hills. stron
:
We are, Dear Sir
Yours faithfully,
REISS & CO.
fully defied pay Viceroy may undez pret To attempt
Trade'
hampere
We the undersigned Silk, merchants of Cané, ton haring made contracts with 6xed delivery with your firm, have to inform you that owing through to the present-unsettled state in the silk dis tricts, we are afraid of being unable to fulfil the late said engagements in due time.
to deliverajk to formzi notice that they unable to fulfil their c danger
Owing to numerous robberies, pimacies and organised. blackmailing cases occurred within the list few merchants weeks in the chief silk districts, it has become alinost impossible for us to get the six down from the country, and our agents there have asked us not to forward any more money to intercepted. thern, as the boats carrying it would likely be treasur
As a few instances of the numerous robberies perpetrated lately we may quote
At 9am. 9-7-99, in Kong Tay creek some
pirates abducted a supercargo and his cocoons belonging to the cocoon shops of Koon Shan In Namhoi District
Sheung Tung & Co., Kung Kee & Co., And other cocoon shops in Koon Shan have threatened and asked for a sum of Tls, goo fren each shop, and as they refused to pay, they pressed to pay a larger sum of T16:1800 each At 8am to 7-99, in Ngao Hit a cocoon er was robbed, and lost za odd, það coons one boatman killed a
Each of the four cocoon, shops wounded Hu of Shun Tale has been asked to of 1,700,
At:non 13-7-99 a cocoon boat. the enunce of the creek of Kat boofy, worth 1000 odd taels, The the entry remain as it has stood for a number of On the motion of Mr. J.H. Whealler, second of Sai Shiu and Sai Po have been years. The remainder of our 3/4 % Consols say ed by Mr. J. H. Lewis, the appointments of sums up to several thousand taels 4522,500 we liave, written down to go Bay of Mr. E. Goetz, Mr. E. Shellim, and the Hon. These occurrences do seriously interfic 2470,250 they are converted into Dollars at J. J. Keswick, as directors in the places of Mr. the whole silk trade and unless your exchange of 2/0 say $4,702,500. The remaining C. Beurmann, D. Gubbay, and the Hon. J. J combination with the other foreig item in the Investments Account £347,000 Bell Irving, who have left the Colony, were can through your Court bring which is described as "Other Sterling Securities? confirmede
Con the Chinese Government to consists of Indian Starling Loans and Railway Mr. David Gillies, said he thought they ments to clear the country from Debenture Bords, Colonial Stocks and Bonds, would be ungrateful if they passed over in of robbers and pirates, we lear
le to Greek Guaranteed Loan, and London County silence the very efficient, and able services qfours, we will not Council Bonds: They stand in our books at rendered by the board of directors and the menis punc what they cost say £339750. converted into general manager and staff at the Bank during Dollars at exchange of 10 say $3,397,500 the past-half year. (Here, here.) He had, there I enter into the foregoing explanation as our fore, very much pleasure in proposing • Consols being in our books at different rates vote of thanks to them for their very excellent might be puuling to some of our friends. The report, notwithstanding the very keen competi« placing of toʻlacs to the Reserve Fund.making tion which existed, panicularly in the Far Rast, it just that amount larger than the Paid up with regard to financial matters that the Bink cpuch in the history of the through alle direction and efficient, manige hope theet with the approval ment, had been able to retaini lery and wellwishers. (Applause tion in financial
matters
Canion,
#A=timi trict was force
Chestg Hop timb
WAY most, posis) pai
Ricard
in the
the
The
have ma firms