Intimations.
A. S. WATSON
AND CO., LTD.
WINE MERCHANTS,
CLARETS.
PET CALE
9.60
ST. ESTEPHE....,
..$ 7.20 $ 7.80
'ST JULIEN......
9.00
LA ROSE
12.00
13.20
CHATEAU HAUT, BROJ
L'ARRIVET
18.00
CHATEAU MOUTON d'AR-
MAILHACQ...
21.00
19.20
22.80
CHATEAU PONTE CAR.
NET
25.00
CHATEAU LA TOUR CAR-
NET CHATEAU BAUZAN CHATEAU LAFITE...
30.00 42,00 48.00
These CLARETS are specially selected and obtained from the LEADING FRENCH GROWERS; they are of exceptional value and in fine condition.
CHATEAU LA TOUR CARNET, CHATEAU RAUZAN AND CHATEAU LAFITE are recommended to the notice of Connoisseurs as high-class after dinner Wines.
We guarantee our Wines and Spirits to be genuine only when bought direct from us in the Colony or from our authorized Agents at the Coast Ports.
A. S. WATSON
LIMITED.
THE HONGKONG TELEGRAPH, FRIDAY, SEPTEMBER 26, 1902.
BIRTHS...
A÷II-B-Copsulate General Mankow, on 16th September, the wife of E. H. FRASER of a daughter.
At Wenchow, on the 14th of September, the wife of JHN HENRY NIGHTINGALE, Chinese Imperial Maritime Customs, of a son.
At Hankow, on the 19th of September, the wife of E. T. Prм, 1.M. Customs, of a son.
MARRIAGES.
On the 17th of September, at Holy Trinity Cathedral, Shanghai, by the Rev. F. Symons, HA., PHILIP LOCKWOOD JONES, son of CJ Jones, Liverpool, to MARGARETE. CHAMBER
N, third daughter of C. R. CHAMBERLAIN, fitiddings, Derbyshire, England.
August 21, at Penkridge, D. S. CARMICHAEL, of Singapore, to VIOLET MARY BOLDERO.
August 21, at Rouen, FRANK GROOM, late of China, to EVELYN, daughter of the late JOSEPH Fyfe MESTON, Beckenham.
August 23, at Fiendon, G. MAXWELL to FLORENCE EVELYN STEVENSON.
DEATHS.
At Colonibe, on the 24th of August WILLIAM ALLEN HAGUE.
August 26, at West Kensington, MARGARET QUINTON, widow of D. QUINTON, of Singapore, aged 72.
The Hongkong Celegraph
HONGKONG, FRIDAY, SEPT. 26, 1952
LOCAL AND GENERAL.
NO LIGHTS--The master of a trading junk was this morning fined $75 for neglecting to carry bright lights on board whilst under weigh on the 24th instant.
A RUMOUR is current in railway circles in St. Petersburg that a line is to be constructed forming a junction with the Chinese Eastern
Railway and the Ussuri Kadway. TWO NATIVES charged with creating a dis turbance at the Star Ferry wharf, Kowloon, were fined $5 each and another, who tried to rescue them while in cust: dy, $15.
THE GYMKHANA, to be held at Happy Valley on Saturday afternoon, the 14th October promises to be a great success. The interest. ing programme appears in our advertising columns.
BAD WEATHER (AB (he vessels that have
come into port between the 24th inst, and to-day report extremely bad weather outside, a heavy sea prevailing, and sweeping the decks
in most instances.
MORE COLLAPSES :--Information was re-
ceived by the police yesterday that the kitchen of No. 86 First Street had collapsed injuring
two Chinamien one of whom was removed to
the Government Civil Hospital. REFUSING LEGAL FARE--Mr. Alex
Allen, clerk in the employ of the Hongkong Hotel, charged a ricksha puller with relusing to take a legal fare while unemployed on the night of the sand instant. He was fined $10 & CO., or fourteen days.
The Hongkong Dispensary.
TELEPHONE NO. 256. CABLE ADDRESS: "ACHSE," HONGKONG. A. B. C. CODE, 4T EDITION,
ESTABLISHED 1859.
A CHEE &
祥
利
CO.,
廣
17A, QUEEN'S ROAD.
FRENCH CRUISER AGROUND :--The French cruiser Bugeaul, from Nagasaki went aground off the coast of Hachibito Island in entering port on the morning of the 16th inst. Some slight damage was sustained, but the vessel got off without assistance.
+1
"For the rest we look chiefly to a growth of the trade with China over the Pacific as well of course as from Europe.
*
*
*
#
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ITHE COWARDLY ASSAULT ––The ↑ likely that H&M, Government will compete with.¦ ing to the report the new dock is esilmated to ! come, and which is exactly what they are now
Chinete woman who was yesterday charged us for foreign men of war.
cost approximately $250,000. The word getting with cruelly treating a servant girl has "There can, however, be no doubt that the proximately is very advisedly used, for whether Secondly, if shipping is to increase by 50% evidently disappeared from the Colony, This decks now being constructed for Messis, the construction will cost $1,500,000 (which only-which is a very liberal allowance -¡hen morning when the case was called on she, as Butterfield and Swire will be competitive will never happen) or $5,000,000 (which is very | an increase of 50% only in the net receipts will abschi and Mr. Kemp ordered her bail to be enterprise. On the other hand, the site likely) the directors can always fall buck upon | have to be looked forward to, Buthow will this estreated and issued a warrnt for her arrest. of aur docks is a more convenient one
*approximately estimate" to extricate them yield have to be divided between the two com SCENE IN THE POLICE COURT-The(f) for Hongkong, which, other things being from an unpleasant situation. The reason why peling companies? If the Dock Company is to master of a sly opium-divan and his foki were equal, may frequently turn the scale of com, the cost is likely to be neater $5,000,000 than get all the work while Mestra Butterfield and $1,500,000 is not far so seek. Engineers are Swire will calmly look on, the Dock Company, charged before Mr. Kemp this morning by P.C. petition. Wilden (89) with having prepared opium on
proverbially noted, for falling into such mis-even then, will be earning only slightly over one their premises without a valid certificate from
takes even in connection with comparatively million dollars, or to be more exact $1,119,000 the Opium Farmer The Magistrate, after
small undertakings: Not that the writer has on the basis of the last half-year's profite hearing the case, sentenced them to pay a fine
any intention of casting reflections on engineers From this amount, first of all, will have to be "We all know that Japan secured the dock- to be found here, but he simply intends to deducted the sum to be written off which will of $zge each or go to prison for two months, While the opium tray was being removeding of H.M.S. Pretorious for want of width of state a fact capable of being easily proved then be $654,000, on a capital of $3,300,000, from the Court table the "boss" made a grab entrance to our No. I dock.. .. Of and if mistakes are made in connection with presuming that the directors will still consider at a piece of opium to swallow it. Had it not merchantmen there are not many of too great small constructions how much more easily it necessary to keep up the present rate of heen for the timely assistance rendered by beam, but there are several of greater length they will creep is when the estimates deal writing off! The balance of $450,000 will only P. C. So, Sergt. McSwayed and others he would-and that number is constantly increasing. with millions! The No. 1 dock was estimated | yield $6 per share per annum and no more, have succeeded in his attempt.
to cost-$500,000 if I am not, mistake, but the against Sia now paid. But if the B. and S. ultimate expentidure was nearer to a million, docks are to come in for their share of the busi- even though the estimate was made by a firmness-and they can be trusted to do more than of engineers enjoying here the most prominent that the position of the Dock shareholder position in their own line. Their calculations will then perhaps be no better than that of many were upset by the presence of rocks which others interested in some of our local concerna were not suspected to exist; at least this is whose capitals were increased on the strength what was given in explanation I believe Is of recommendations made by those managing it not possible that some such error might them, but which increase of capital has already. have been made in the present instance also ? shown itself as a direct step to ruin and has For raising the necessary amount the brought the companies next door to bankruptcy. directors propose to issue 20,000 new shures of If then the Dock shareholder is desitis of So each at a premium of 150%, presumably to showing his sympathy for less fortunate ones existing shareholders. Now to justify this by bringing himself down to their own level increase of capital shareholders should be financially, he certainly cannot hit upon a satished that the furter returns, once the new more ingenious and a more effective plan for
SUPPOSED SUICIDE IN DES VEUX ROAD: Yesterday an unknown Chinaman was found by the police banging þy a rope under the scaffolding of a house in course of erection in Des Voeux Road West. It was apparently a case of self strangulation The body was removed to the mortuary.
CORRESPONDENCE,
We do noì necessarily endorse the opinious expressed by
Correspondents in this column.
THE DOCK COS PROPOSAL. To m EDOR OF THE "Bongkring Telugñaza.” Sin-The Ho gkong and Whampoa Dock Company, Lumiled, sent out to us shareholders yesterday the outlines of its scheme for the con strection of the new fock about which a good deal of correspondence has late appeard in the columns of the local press. Public curiosity has been greatly excited by this correspond- ence-a correspondence that was practically supplied by the opponents of the scheme-now that the directors have expressed their views in black and white, I shall deem it a favour if you will allow me to give your readers a resume of the report just a hand, and also to make a few comments in regard to the arguments adduced,
Dimensions of Dock No. 1 as given in the report:-
Do
...........576' 0" ......... £6*6*
to o ........ וחוסל
Length on keel blocks Breadth of Entrance at top
do Depth over blocks at Spring tides... 29′ oʻ The aquial com amounted to Soja,ano." The report goes on to say that after more
than me unsuccessful attempt to get the land on more lavourable terms, the Coloniad Secretary, in a letter dated the 30th of July last, stated
that the Colonial Government was then in the position to give the land on the following
terms:
|
The approximate cost of the pmposed dock and the yearly expenditure thereon on a basis of four years for construction, including in terest at the rate of 6 per cent, per annum is as follows:-
Ist year,
1] Fem
3rd year.
cilt your
Dock.
LANIK
Expenditure. Interest, Estab
$55.000
412,050
513450
4,135, B39,056.00 30.797.15 443.439-36 2.187.73 594.5637-72 7349.99
کا نواده خود نام و مورد
---
BiBugton Sabatur,of gajoni, priva
1978, mure foci at 277.
cents per square foot, bibigay Faturest, years, Crows Rank, 4 years, ... 13.689 Interest, a years,"
$10,995.00 $82, 158.48 6.497.08 $0.037.d $7,436.625 $311,304.00 $7,345,972.55 Proposal for raising Capital required, say $3,500,000 by issue of 20,0ou new shares of $50 each at a premium of 575 per share, Total $125, to be called up in five instalments of $25 each, as required, but at intervals of not less than one yea!.
Mr. C. C.. Lacey, consulting engineer in the Pacific Coast Steamship Company, forwarded a letter to the Dock Company which is published as a appendix. He asks for information respecting any improvements that have been Inade or are contemplated. fie says:-"Our consideration is on account of the large ships that are being constructed for the Northern S. S. Co., which are to ply between this por: and the rent-Length of Keel 605 feet, Beam 73 feet, Draft 20 feet). We have no doubt but that decking facilities will be pro- vided for these ships when they are ready, but at present none exist on the Pacific, The Deck under construction at San Francisco will be completed in 8 or 9 months. Its length will be 750 feet, fui feet at bottom of :Iters,"
The above are practically all the reasons that the directors have brought forward to induce shareholders to look favourably upon their schae unless one were to consider as such their desire to see the local company still accupy the most prominent place among its competitors, irrespective of returns. As to Mr. Lacey's letter, I do not suppose that any one beside some of the directors will attach any im- portance to it. Now let us analyse these argu- ments and see how much they are worth. At the very uniset the directors inform the shareholders (4.) The dock as constructed to be capable that the site is to be acquired at the enormous of accommoriating a first-class battleship. cost of 374 cents per square foot. The size (a) The purchaser to begin the dock at once being close on to 1,400,000 54. It. the initial and complete it as soon as possible.
cost will be $381, 923, with a crown rent of $350 2.-Iis Majesty's ships to have prior right of per acre, ie., about $10,500 per annum People
Premium of 27 cents per square foot. Crown Rent at the rate of $350 per acre per annum.
Lease for 99 years, renewable for one further term of a like perind, on a re-assessed Crown Pept.
And the following special conditions
(a) The purchaser to submit plans of the proposed dock to the local Naval Authorities, for the information of the Board of Admiralty, and endeavour in every way 10 meet the wishes of the Naval Authorities.
entrance in the dock over all other vessels —
(a) in time of war;
Gut here are aware that Messrs. Butterfield and Svire obtained a site of about one million sq. (6.) when war is considered to be threaten. ft. for $100,000 or at the rate of to cents a foot, ing:
J
() when the Senior Naval Officer at Hong. kong considers that the safety of one of His Majesty's ships would be endangered if she were not docked without delay.
USING ABUSIVE LANGUAGE.—J. I.
3. The purchaser to take every precaution Spooner, chief excise officer, of the Opium | he thinks proper to protect the dock from Fann, was summoned by his assistant, Choa¦ attack by torpedoes,
towards him at the Magistracy. The defendant
Beng Wan, with using abusive language 4. The purchaser to construct approach road with suitable pier or landing place for access satisfactory to the Military Authorities. to Kowloon East Battery is a position which is
FURNITURE Mr. Kemp requested the parties to come admitted having done so under provocation. DEALERS.
DRAWING ROOM,
DINING-ROOM,
and BED ROOM
FURNITURE.
ELECTRO-PLATED),
GLASS, and
CHINA WARES. PASTEUR'S MICROBE-PROOF
FILTERS,
ROCHESTER LAMPS,
WHITE TURKISH TOWELS.
COUNTERPANES.
COOKING RANGES,
KITCHEN UTENSILS, and
HOUSEHOLD REQUISITES.
have
to an amicable settlement between themselves whereupon the defendant acquiesced, but the complainant said he must a written apology. The Magistrate concurred, and adjourned the case for a week,
FIG JAM It is not usual in any well regulated offices for members of the staff to indulge too much in luxuries, but when one of our representatives obtained possession of a tin of delicious fig jam and spent fifteen minutes in devouring the fruit there was naturally some stir among the juvenile members. How. ever, they were evidently satisfied with the assurance that Messrs.-Ritchie and Co, possess a big stock at 39, Des Voeux Road having recently obtained a large consignment from the well-known Sydacy firm of Messrs. Taylor
Bros.
5. The purchaser to bear all expenses of moving Military Telephone Cables which may be made necessary by the transfer of land, including the erection of cable huts, and digging up and burying land cables. The land cables to be laid as far as possible along the new road to Kowloon East Hartery, referred to in (4). Right of access to be reserved for the submarine cables and the route of these cables in front of any dock works to be kept clear of moorings.
6. No buildings to be erected which would interfere with the fire of Kowloon East Battery, 7. The War Department not to be responsible for any damage caused by firing from Kowloon East Battery.
8. The purchaser to resume and hand over to the Government free of cost a strip of land 50 feet in width adjoining and to the east of Gillies Avenue and extending from the Harbour to Bulkeley Street.
A MEAN TRICK-A few days ago a Chinese lad eutered a money-changer's shop with two five dollar notes to be changed into silver. PHOTOGRAPHIC The money changer handed him a packet of
carb wrapped up in paper, and it was not titt DEPARTMENT.
the boy bad got into the street that he made DEVELOPING and PRINTING
the discovery. On resuming to explain the UNDERTAKEN for AMATEURS. mistake, instead of getting his thoney back, the money changer had him arrested for trying to GOOD WORK.
defraud him. This morning the boy was PROMPT RETURN.
brought before Mr. Hazeland who discharged Hongkong, Sth July, 7902.
him and the money changer was ordered tor-clamation to be expended on rateable im-
[728d GEO. PATTON & CO. Have for Sale a large Consignment of H. W. JOHNS & CO.S ASBESTOCEL SECTIONAL PIPE COVERING, ASBESTOCEL SHEET and PAPER for covering BOILERS and FLUES, BULKHEADS, &c.
ASBESTOS CEMENT for BOILERS, DRUMS, HEATERS, &c.
STEAM PACKING, GASKETS and FIRE PROOFING MATERIALS.
MODERATE COST.
return the Sio to him."
9. The entire area to be reclaimed and levelled off to such levels as the Director of Public Works may approve and protected by a substantial sea-wall, or otherwise, to the satisfaction of the Director of Public Works.
10. Such reclamation to be completed within 5 years of date of sale and a sum of not less than $50,000 over and above the cost of such
This land is on the island where one would
expect bigher prices charged. Whether or not the Government imposed any onerous condi- tions on Messrs. Butterfield and Swire similar to those spicified above 1 am not in a position to say; but presuming that it has done so, still, in view of the fact that the Kowloon site is iminediately beneath a battery which in times of war will be receiving its fair share of shells and, consequently, the dock establishment also will be coming in for its share of the wreckers, for this considemtion alone, if for no other, the cost of the fand should be at least no higher than that obtained from Messrs. Butterfield and wire.
dock is-finished, will, in proportio to the increasest capital, be larger by 4% at least in order to ensure for them a dividend on the
basis of the fast six months.
Now if one man can de a certain piece of work in a certain time, two men, ather things being equal, should do twice as much in the same time; but if there is not enough work for two, and two, in order to exist, have hardly any more to do than the one man did formerly, the evident conclusion is that either of these two will have to be satisfied with less than what was earned by one man before the arrival of the competitor. The above reasoning' will apply much more forcibly when there is more than one competitor for practically the work of of one man-only; and this is pretty nearly what will be the position of the Dock Co. should the new scheme be adopted. For the report acknowledges that the Deck Com pany expects la meet with competition when B. and S.'s establishment is in work ing order; it furthermore admits indirectly that the naval dock will be taking away business from them; but it relies on the big steamers, none of which has hitherto come here, to increase its carnings!
Is it not reasonable to ask, Mr. Editor, whether the trade of China is expected to show such unprecedented development after the next four years that the directors of the Dock Company should consider such a hypothetical growth sufficient grounds to justify them in believing (for they must believe it) that there will be enough work in Hongkong harbour to support two different, establishments in the same manner as one only is now supported and that notwithstanding the loss of naval work? I doubt whether a single director can be found with courage enough to say that he really expects such an abnormal increase of work to accree in favour of the docks. if then, docking business cannot be expected to increase in spite of loss of naval work after the next four years so as to keep in work for B. & S.s establishment in addition to giving increase of revenue to the Dock Com pany proportionate to the increase of capital called for by the new scheme, what shareholder will countenance the new scheme by giving it his support unless he has other ways, not now apparent, of indemnifying himself against self-
evident loss?
To pay the present rate of dividend and write off the property in proportion to the last half-year the Dock Company has to earn the following after the completion of the new dock:-
Dividend. Depreciation, Total.
successfully accomplishing his purpose. But I sincerely trust, Mr. Editor, that this specie of misguided sympathizer is a rara avis here. But what will be still worse will be the pos sibility that docking business will not increase to such a large extent as to yield balf as much more as it does now. What will happen then? The result will be so disastrous that I will refrain from divelling on it.
The above has been written on the supposi tion that present, shareholders will be in a position to take up the new issue. Of course, a company as such cannot be expected to study individual interests; but in view of the fact that the majority of present shareholders were practically induced by the action of Board of Directors in the declaring of the dividends for last year to become partners in the concern- justifiably expecting from the policy of former years that the rate of dividend would be main- tained-these shareholders will find it very difficult indeed to arrange for the taking upto this. proportion of the new issue even if the ultimate naurns are to be as remunerative as the pre- sent Board would have us believe. They have already lost about $100 a share and more they can hardly withstand; and loss will be appre- ciably increased if they do not apply for the new shares, in fact it will be at least 5a5 a share more. Such being the case should not their interest be given a little consideration?
Taking everything that has gone before into consideration, it would appear to the most casual observer that the only ones to be bene fited by the proposed construction will be
(a) the contractors for the new dockyajütt (6) the suppliers of materiala for its con struction;
(c) those who at present holding in sharer, or only a few, will be in a position to take up the surplus new shares at the price of issue,
S125 or $50 less than what they should be quoted at, and this can be done only by those who, having the apportioning of such unapplied for shares, are not likely to allow them to reach the general public.
1. beg to apologize to you, Mr. Editor, for trespassing so much on your valuable columns, but, as this question must be of vital importance to a good number of your readers,
in
this consideration, will induce. you to sive publicity to this letter in extenso,
Thanking you in advance..
Yours faithfully,
RED FLAG,
Hongkong, asik Geptember, 1902.
0. N. Co.'s 8.8.
WUHU? SAFE,
Supposing that the directors are correct in the presumption that the naval docks will not com- pete for Mercantile Marine work, they could not
DUE ARRIVED AT: SAMARANG DAPA help admitting that Butterfied and Swire have to be reckoned with. in the near future; but, 1st year...**** $648,000, 508,000, $1,156,000,00
About a week ago we reported through the they imagine that, the site they recommend | 2nd year ...... 695,000 544,000-$140,000.00 Singapore Free Press of the 12th inst, that the being more favourably situated, this should 3rd year ........ 744,000. $82,000 1,324,000.00 China Navigation Co.'s steamer Wah was turn the scale of competition in their favour, 4th year ....... 792,000. 616,000 1,408,000.00 ashore at the Carimon-Tava Islands, about 70 But in what respect is the present docks 5th and suc-)
miles from Samarang, we believe. The T. P. establishment more favourably situated? Is it ceeding 840,000: 652,000, 1,492,000,00 Dock Co.'s steamer, Mercury left on the and
years.... 10 be considered so from the point of view of
noon of the 12th inst. with wrecking a the crew who will be obliged to cross the
for the relief of the vessel Messrs. Bui harbour in all sorts of weather'in order to get
and Swire received information yest to their ship should she be at Kowloon instead
the vessel had been successfully re-Boated and of driving out or walking to the B. and S.decks
had arrived safely at Samarangay when these get ready; or is it from the stand- point of the mechanics, a good number of whom
SHIPPING AND MAIL NEWS. reside hero and not in Kowloon ? Or perhaps, the directors might be of opinion that the site they are contemplating to acquire being nearer to the harbour by about a couple of miles than the B. and S. works, the extra cost of passage to a ship to the latter establishment-say about $5 or $10-may be reasonably (in their eyes) expected to turn the scale of competition in
their favour!
for it in the expected increase of trade over the As to increased earnings the directors look
Pacific and with Europe.
NAILS DUE. ANG Indian (Namsang} to-morrow, Australian (Taiyuan) to-morrow." Canadian (Athenian) 28th insti American (Korea) zgib instar Tacoma (Victoria) goth-inst Canadian (Empress of China) 30th inst American (Gaelic) ist prox. "German (Prins Regent Luilpola) 1st prox.
German (Hamburg) and prox American (Hongkong Märk) pih prox. Tacoma (Olympia) jată ploxan American (China) ith prozesse p
In other words,, the company has to earn no less than 5750,000 every half-year in order that the position of the present share holders may not be made worse than it actually is. But the company bas never been known to earn that amount of money more than once when exceptional circumstances com. bined to give it a record earning; while the average half-yearly income has seldom been known to exceed $400,000. But even if shipping should increase so much here as to give an average annual yield of about a million and a half, the work yielding this net income must aaturally be expected to be divided between the three docking establish-
naval dock is bound to get all paval work at ments, which will then be in existence. The
least; while Messrs. Butterfield and Swire, incredibly. "AUDI ALTERAM PARTEM.":- On the
As a further recommendation they point out the struggle for existence will be expected to principle of audi alteram partem we have
that the local concern is in danger of losing compete for work even though they may have to received for publication a translation of an
work on such boats as the Victorious, which make bids lower than the Dock Company to the The Silk ex Canadian Pacific Railway, Ca's article, which appeared in the last number of the
had to go to Japan for want of width of entrance extent of the cost of towage over the extra RM5. Impress of India from Hongkong on Patriota, in refutation of a contribution to our moming contemporary in defence of the Macao
to the No. 1. Duck, and on boats of greater couple of miles steamers will have to cover the 7th inst, arrived at New York on the 25th length than can be docked in the No. 1 dock.before reaching their establishment!
The N. Y. K. Co.'s steamer Shinano Government.ia its relation to the Fortugnese
Width of entrance at top.
Now regarding the first part of the argument First of all, is there anything to warrant the (American Line) left Shanghai: for, this press. Pressure on our space prevents the publication of the article to-night. We shall
Do. do. bottom,... Ba' 0" everyone knows that the Victorious could have expectation that shipping will, within the next the 24th inst. p.m. and is expected Depth over block at Spring lides,... 32' 0"
been safely docked here as there was a margin few years, increase to such an extent that The C. N. Co., steamer have pleasure in reproducing it in these
The report connues by presuming that the of 18 inches at the entrance. As to the second after loss of naval work, the local docks and Australian Parts left Manilazon: columns to-morrow. forcible and withal plausible defence of the Naval Dock will be used exclusively for docking part, not one merchant boat of over 500 feet in the B. and S. docks will be able to care pro- pm for this port and is dus here attitude of the Portuguese press, which un- H. M. Ships, at the Dock Company cannot sup-length ever came to the colony yet. But even portionately as much as the Dock Company is morning, the 27th inst
The H. A. Li steamer Sarv daunted will pursue with unabated vigour its post "that H. M. Government intends to com- if this class of ship is to be seen in these waters at present earning? If so, by sanctioning the burg left Singapore for our port yer self-imposed, though, as yet, apparently pele with us in the work of docking and resin future, how many will come here in a year? new scheme shareholders will have to be con: the 25th inst, and r unsuccessful mission.
pairing ships of the mercantile marine, nor is it Now let us go into the question of cast. Accordient with $12 per share per annum for years to or about the 1st prox ASK for ASAHI JAPANESE BEERA SK for ASAHI JAPANESE BEER
AG. Ginulh Giranit
The writer nakes a
EFFICIENT. Estimates and Samples furnished application.
Hongkong, 30th July, 1902).
DURABLE.
on
(28od ASK for ASAHI JAPANESE ·BEER—
provements within 5 years of the date of sale.”
11. The expense of forming a new cable reserve and shifting the existing cables thereto to be home by the purchaser,
The dimensions of the proposed new dock are as follows.
Length on blocks 650′ 0′′ (at present), 750'0" (prospectively).
G. Gimultepe
"SK" forASAHI
BEER.
The Ben Line steamer Benalder, left Singa pre yesterday for this port, and is due here.on the 1st prox
bere on the 27th justas pa
for