VELEGRAPHU
njüment, with Dei
tasi che Lloyd:) Vratzuelan Blockido,
ORIGIS PAST:
January 2nd, 2 pan."
THE HONGKONG TELEGRAPH SATUR
lilabas neatly-doub
number of shares in the ofits.
In this way. MILLIE BIJS
derating
Gimanagement
interested;
hich zate
offer. China Fires, are wanted, after sales
ShippingRongkong, Canton and Blacad Scamboats have changed hands at $36, and Are in lumber request it this price, frido Chinas have ruled steady and are unaltered al & Douglas Steamships are in demand at $12, China, and Manilas are firmer, and can wanted at $139 and Fit for the old and new shares respectively,
The work have received-a-com; of morphin will have on the import of opium-addition to the purchase ainey, find a sum of probably be sold at $25 Stor. Ferries are
munication of if reconciliatory nature
from the President of the Venezuelan
Itepaldic The negotiations regard.
ing the Blockade continue to receive. the attention of the parties, and it is considered that the recent, britical state of affairs is now past.
The Overthrow of the Sultan.
*********
20V OM PLICATIONS, ANT CIPATED..
...
and from Amoy, rlier fuced probably to'sisfy rned ein grants the use of this drug has pilly extended to Southern and another Company in
hina, It is mostly consumed in the and under teing which involved shapu of opiam pilis, although the practice of of the present board of directors and the siper. subcutaneous injection is by no means un session of the officers of the Company. With a known, and the saving of time and compar view of isducing the batcholders of the Cour Calive Lecrecy connected with this form of ja... dulging in opium have doubtless proved great fatty to part with their shares on the forms M., recommendations in favour. It is impossible tot offered, he intimated at the commence to sity whit effect the increasing consumptionment of the negotiations that he would, in £15,000 for distribution by way of solatium amongst the officers of the Company, and that sum hast come into the hands of the directors for distribution atr Hol's offer having been ac cepted by the great majority of the shareholders. As was not unnatural, differences of opinion had arisen as to the distribution of the money, and the directors thought it pr. tient to submilt | tr his Lordship a question whether the distri bution they proposed was one which was justi Red and in accordance with the trust they held After bearing the arguments of counsel for the different parties,
from us.
CABLE NEWS,
(Vin Shanghaia}
RUSSIA ADVISES CHINA TO GO GOLD.
Peking 25th December-Couni Lambsdorf, the Russian Foreign Minister, has pursuaded the Chinese Goverment through the Chinese Charge d'Affairs at St. Petersburg, that China should adopt the gold standard as legal tender at once and, if necessary, Russia is quite willing to assist in giving her a lone in gald
the purpose. The adoption of the gold financial dificulties of China ---China Gazette. standard is the only solution of the present
THE PHYSICAL MELITARY DISTRUCTION
Here is an ab eners of news from M. Foren, It is sucre sois will keep olor it as not unticipated that con- phonions (will ensue regarding the
OF VOUNG ENGLAND. overtlow of the present Sultan,
Loudon, 15th December-The Duke of funny will agree to the prece Devousbire states in's letter to Lord Charles deure_of_E-gland, Frusty-and-Spain--Beresford that the Pond-of-liducation-is-con--| provided her emnercial treaties are sidering how far it is possible to carry out Lørd Charles Beresford's proposal to make physical not in any way padangered.
military instruction compulsory in all schools supported by the public though many of his suggestions can only be dealt with by the War Office.
Austria-Hungary.
A reconciliation between Austria and Hungary would be very welcome, Lord Charles Beresfond says that he intends as otherwise the Empire could splitto press the matter further.
and Austria's position as ‘a Great up. Power would be endangered.
Satisfactory Negotiations of
Russian Ministr Cont Lambsdorff, the Russian Minister of Foreign Aflúese sho has been visiting Sofia, Belgrade and Vienna, in connection with all rs in Marrion'n, has completed his no- gotiations at Vieum în a satisfactory,
manner.
German Crown Pruce to visit the Czar.
The German Grown Prince will visit the Czar at St. Petersburg Curing the middle of January.
¿Renterica
The Boor Troops for Somaliland.
13. Lomens, January 1×) hundred Boers forming a mounted Company of Rifle Corps will all im Somali lart Com Capetown next week.
Durbar Honours. Lady Curzon for public services to India has erived the Kaiser-i-hind Golf Stedal. Mr. Chamberlain in South Africa. Mr Chamberlaishas left Pict - Mari-bung. The Rovenue of Great Britain. The revenue for last quarte; shows, an in creve of £181,083.
The United States and China. The United States has decided to ecept the second instalment of the Chinese hodam- nity on a silver basis.
The Barbar.
The King was proclaimed are Deli
sidered doubtful.
His Lordship sad he wou'd certainly not
deal with the matter without knowing the views. of the shareholders.
Retinerica-China Sugars have improved
four at St and can ba placed at $89. Luzins are out of
Mining Punjoma are still.chtainable at
Raubs are in strong demand and offers market. Chinese. Enginerings are inquired of $7 have failed to bring any shares into the
for at-Tis. $30.
Docks, Wharves and Godowns --Hongkong and Whampoa Docks have been negotiated to a small extent at $2123, at which figure there are further seilers. Farnhams have again beet.
done in Shanghai at Tk 18. A parcel of Kowloon Whatfs has changed ownership at Mr. Macnaughter, who appeared for Mr.Whatts have further risth and sales at Tis siz
$88, and more shares are wanted. Hongkew Pearman, said the place for the shareholders to express their views was at a general meeting, but the directors would not call one.
3
His fo.dship-There ought to be a general meeting.
Mr. Eve said the directors welcomed any suggestion of his Lordship.
The matter was directed to stand over pend. inga general meeting of the Company heing called,--Financier, 19.11.03.
YARN REPORT.
Mesos. Cawasjee, Palianjur & Co, in their report dated 2nd January, 1903, state as flows?--
are reported in Shang bui
Lands, Hotels and Building.---Hongkong Lands have been'dealt in and can still be ob- atuer $186. Shanghai Lands are in the market at: Tis 125. West Points have been disposed of at $57. Kowloon Lands are asked Hotels have been booked at $139t and Sijo, for at the improved rate of $31. Bangkong
and close firm at the faster rate, Humphrys Estles are procurable at 51. China Provid ants have been sold and have further sellers at $1.
Catton Mills.--Nothing doing, Cigar Companies-Unio Miscellaneous-Green Island Cements have been taken off the maket at advancing rates up to Szi, at which figuro shares cluse in demand, A. S. Watsons are to be had ac Era Electrics have inquiries at $15.10 for the old, and at $6.65 for the new. shares, after sale at:
of 518 per share un the 31st ultimo and we con these prices. Tramways pald their dividend quote-the-stock-al $327. Ropes have been placed at $136. Langkatt are in demand ol is 160 ex the interim dividend of Ils. of per share paid in Shanghai on the zoth ultimo,
FORTNIGHTLY MARKET REPORT.
AKOTILK NEW DEPARTURE AT PEKING, Peking 27 December-It is stated in Peking that Viceroy Yuan Shi-kai has proposed a scheme for the establishment of a Depa 1-
Since the is ae of our last circular dated the ment of Communications in the capital after 19th December, 1952, our Yars Market has the Japanese model, with regulations for the rufed steady, and rates have been wel main said department. A President is to be appointained, and in some instances an advance of $1 to take charge of the new Board, which will to $2 is noticeable. Sales reported are on a have contact of the whole postal affaity of the moderate scale and business has been greally Empire, and wil organize the mesent irregular affected by the scarcity of suitable and desira native pastal system. The Government has ble threads. Arrivals have been small, and accepted the sebeme, bin its execution is con- notwithstanding reported large supplies on the way, the market closes fium, and no immediate decline in rates is apprehended. No. zor. generally have continued steady with the ex ception of some suitable chops which are firmer in consequence of their feartcity. No. 16s have been in moderate inquiry owing to their high rates. No. 13 are in moderate request at former quntitions, and demand is limited. No. tor have I cen in gopd inqury; both for local consumption and export Nos. Gr and 8 re- main in insignificant ical demand Sales during the fortnight consist of about go bales
Yarn. During the in crval maket has of No, A-35 bales of No. &-3,054 bales, of | ruled · steady and in many chaps, a rise No. 104-350 bales of No-280 biles of or about $1 10 Se is noticeable. The No, 161, and 2,400 bales of No, 203,-in all business was mostly done in desirable about 6,46; bases. Arrivals during the for-threads Sales during the fortnight are night per steamers Rallarat, Catherine After Vaming and le'iu come to about 4,3ro bales. Shipments to Shangliai and the Northern ports about 2,000 bales. The unsold stock is estimated at about 12,000 bales,
NÁVAL KI FORM. London, 17th December.-A new naval scheme has been promulgated, the cardinid feature of which is the homogeneous mining of executive, enginect, and marine officers, with the view of creating a body of young | officers equally available on mehilisation for
war for all general duties in the fleer.
i expected that this scheme will - It beneficially aid recruiting as it opens a way le commissions for men from the lower deck, and increases the chances of promotion.
The scheme has been endially welcomed by the general public.
THE NEW BISHOP OF SHANTUNO, Tientsin, zyth December. The Rev. G. 12, , M., of the Church of England Mission, Tientsin, has been appointed by the Archbishop of Canterbury to be Rship of Shantung.
NEW NOOK Bank
On demand ŠPANGHAL. Telegraphic Tr ́nsfe
Private jo-darsi sight
A YOKOHAMA, T, TILL
vereigns, Bank's Neving Rate: Zald Leaf vagy auch, per tartha Bar Silver
OPIUM: QUOTATIONS. Yester lay's quotations are as follows bet
Por cher MALWA WEM
1
OLDEST
PATNA NEW BFNARÉS NEW.... PERSIAN (PAPER),
1,000.
$95 @700/750
To-dan's Advertisements,
PUBLIC AUCTION,
Endersigned have received instructions
in Sell b PUBLIC AUCTION.
' » ប TUESI - Y, the 6th January, 1903,
at 2.30 P
At their Sates Rooms, 20 Deg-gux. Read Cenital, Corner of Ice House Street;
A FINE COLLECTION OF
AGLENLOCH
FUE PENINSULAR AND ORIENTAL STEAX NAVIGATION COMPANY
STEAM FOR P TRAITS CEYLON, AUSTRALIA INDIA, SADEN, EGYPT, MEDITERRANEAN
PORTS, PLYMOUTH ANDE (Through Bills of Lading issued for BATAVIA, PERSIAN GELY, CONTINENTAL, ANER?- CAN and SOUTH AFRICAN PORTSTA HK Steamship
BALLAARATING Cap'ain F. Summers, carrying His Majesti Mails, will be despatched. irun this. fur
BOMBAY, an SATURDAY, the 12th instant Nooh, taking Fassengers and Cargo for the
Pod Vain.bles, all Cargo for France, and Tex for Lundon funder arrangement) will The transhipped: 1 Colomba into a steamer preceding direct to Marseilles and London; Lather Cargo for London, S., will be conveyed
Tombay with Transhipment
Parcels will be received at this, Office antil.
PAPANESE CURIOS AND P.. the day before sailing. The Contents and
Value of all Packages are required
EMBROIDERIES,
Comprising CLOISONNE, SATSUMA, NAGOVA and DMURA VASES, IVORY and WOOD CARVINGS. OLD and NEW BRONZES, VBROIDERED TABLE and PILLOW COVERS. IVCEY INLAID PANELS, ALBUMS, &
ALSO
An Exceptionally Fine Lot of EMBROI DERED ACKEENS, EN
TERMS-Cash on delivery..
HUGHES & HOUGH,
Auctioncors Hongkong, 3rd January, 1995)
PUBLIC AUCTION.
on
AUCTION,
“MONDAY, the path: January, 1903,
a} } . on the Spot
Shippers are particularly, requested in gute, terms and conditions of the Company's is of Lading
For further Pericians, app
Hongkongard January.
Intimations.
AN APPEAL
[HE SUPERIORESS, of the ITALIAN
CONTENT, CAINE ROAD, begs post Teracefully, to APPEAL to the Residents Hongkong and the Coast Ford, for their kind? patronage and support, and desires to state that she will be pleased to receive onders (orall kinds of NEEDLE WORKO
Colton-A moderate business transpired in Iralian best about 225 packages a Sagio Sast THE U dersigned will Let by PUBL per picul No transaction is reported in Chinese stuff. Shipment of about 1,000 packages for Japan have been made by some of the importers. The unsold stock is of ahoot 50 packages of Indian, and about 5oo of Chinese cotton.
to be seen at the Auctioneers' Office, for erection The Several Lots Numbered 1 to 19 on Plan of BOOTHS and MATSHEDS on the Govern ment firound adjoining the Race-course, North of the Grand Stand Enclosure,
TERMS:-Cash.
For Conditions of Sale, Apply to-
-
HUGHES & HOUGH, "
Government Auctioneers. [ize
Hongkong, 3 January, 1953.
DOUGLAS STEAMSHIP COMPANY, LIMITED.
Gentlemen's Shirts male to order, and Cusa and Collars renewed on old oa
Ladies and Children's Under-clothing Ch dren's Dresses, and all kinds of Embroidery Materials can be supplied, if required/
The Superioress will also be most grateful
who are taught by the Sisters. for any PAPER, of old ENVELOPES to be made into Books for the Children of the Poor Schoolk,
Hongkong, aand Ancil #Rez-
ST. JOSEPU'S COLLEGE,
HONGKONG.THERE
WING to the insufficiency of acgetrito
tion in the present building a the Creasing demand for admission, it has been found necessary to extend the wings at the main building and to enlarge the Chinese de partment by an additional storey with two wings. The estimated cost will amount to over
Lawpried of about 6,509 bales, leaving unsold stock about 12,000 bales. Local sales of about 1,200 holes of Nos, los and 120 at $98, and 5 on, $ioi, respectively, are reported in the marke. Japanese yarn have changed hunds FOR SWATOW, AMOT AND FOOCHOWS To cover these expenses we, Appeal about 500 bales of No. 20s at $125, $126 per
THE SOMALILAND CAMPAIGN. London, 19th December't is in erstond Local Production-Sales of about 1,200
hales of Nos. to and 123 $9 and Stor, resbale. seat the force landing at Obbia Gum Bert era
only intended to prepare the base of opera-pectively, we reported in the market. tinas. 11 is improbable that the general advance will take place before A; eil. Dialy does not participate in the expedition, although1187 % Londen at sh. 17. ` several talian naval and military officers are attached to it--N, C, D. News.
THE PARIFF ON OVERLAND ·
TRADE.
Sir Robest Hart has written to the Wai, It's Darbar amidst a stupendous son of magnis, on the 21st November last, segarding the Bryce and pimp, Fifteen thousand were peim and the utmost enthusiasma prevailed, telegraph cingury pole by the Thotai at Mengtse asking whether the Customs in inland
Japanese Yuri --Sales of about goolales of No. 2 (Red Peacock) @ $126 are reported.... Exchange-We quote to-day en India Rs.
ANNUAL REPORT 1903.
The following remarks are appended to Messrs. Chavasjee, Pallanjec & Cx's annual report for 19022-
Sales of about 172,175 bales (181467 in 1901) Arrivals 268,9th bales (353,460 in 1901). Unsold stock about 12,000 bales. Wachared, stock about #3oo ha'es..
Local Production:--Sules of about 10,375 bales of No. 10s @ $91 . $98, an 13.750 bales Mr. Chamberlain in South Africa.plices should charge the new import tariff as
of No. 125 @ $64 & Stool; in all 11,125 bales. Mr. Chambaṛisin and party are visiting the Cus oras at seayout and river ports, Sir the battlefields where it is possible to drive. Kobert maintains the pin that the poi i ispanese Porn :--Sa'os of about 7755 ales Hangware was visited on foot and the parly not clearly settled in the Peace Protocol, but of No. 165 and 201 @ $112@ $123 for No. 16s returned to Colensoe whence they proceeded to Ladysmith. ·
QPTUAL CONSUMPTION IN CHINA.
In the course of his report on the pile of
China in sper, Mrs J, W.. Jaurson, Il itish
Commercial Attaclié fái Châna" gives some de tails of the importation of epium, and morphia into that country. Notwithstanding the steady increase in the cultivation and consumption of native opium, Indian opium, he says, continues to hold its own. Apprehen ions are entertär. ed that, if the present a vent course of ex change continues, the import from India Will
in the French text, which is the authentic text of the froteent, it is clearly mentioned thist imports to scar and river youts are inclurled, but hah the Russian and Vietch Commissioners miintuin that there should be a distinction made between imports.by la :d and water. The Customs Tantai at Mengte is ordered to collect
and $112 $126 for Nò, 201
Commercial.
Malwa Opium-Prices show a decline and of New about 29 chests at $965, $1,000 and $1,020,, and Old about o chests at $1,030,| $1,010, $1,055, $1,066, and $1,070 are reported. 3 he unsold stock is alinu: gần chests.
Bengal Opiun.-Sales.of Paina New abou 630 chests at 3quo to Ir,our, Old about to chests at $100, Benares New about go chests at $880 10 $890 are made during the fortnight. The unsold stock is abou 1.9.17 chests.
Persian Opium--No business is reported in this pium, Market is rather weak. The unsold sock is alinur 2,400 chests.:)
Miscellaneous quota ions: (Price perpicul
Ivory nor that $200 (0 $850 Olitanum r said 5- to 18
Borax...
Saltpetre
Vitriol (Blue).
Senna Leaves
191
•
11 to
13
20
3.
(1)..
Vermilion
Cloves.
TODAY'S INTELLIGENCE.
Cassia
Joy, to
236
Campliar
133
BANKS are in sunng demand, and salts.
AVAX MA
33
Apricots
Kismiss
s
{ Tio Leaves
A
Sugar Candy..
upon duties as belee withmut regard to the elected at $665. A small inquiry is n ade for new tari for the rise being, til the treaty revision commissi .ners settle the question with the Russian and Fren.h commissiones.
THE CHINA MUTUAL DEAL.
Yesterday, in the Chancery Division, before
CHINA FIRE IN URANCE 31. $81.00* There me sellers of HONGKONG FIRES A $327.50, HONGKONG, Canton & Cacao STEAMBOATS are in demand, and sales have been effected at $36 to $3625. Smál sales have been done of INDO CHINAS at $56. CHINA SUGA S bre
107
10%
SHIPPING AND FREIGHT.
Freights coastwipe show no improvement From Saigon to Hongkong 8 cents per picul is the fast. quotation to the l'hilippines and
receive a serious check, and that the cirise M Justice Swinfen Ently, the case in re Hoh: HONGKONG & WHAMPOA DOCKS af $2.0 and lava there is no demand; Saigon to one port
wanted at Sales have been effected there are still buyers at that rate. HONG- RONG LADS show sellers at $185. There are buyers of CHINA ('ROVIDENTS at $0.50
japan 20 cents per picul, for January 33 revis per picul, and for March shipping 36 cents per picul Coal Freights are weaker, from Moji to Hongking $3 per ton Moji to Singapore-
·∙$1.70 per
ton and, to Manila, $3.5" per tor Another stramer has been fixed for North Coast Java: 40 }fongkong with dry sugar ut 171, cents per picul. The follow
The following are the settles
WEEKLY SHARE REPORT,
Messi's Benjamin, Kelly, & l'outs in their weekly report dated 2nd January, 1503, sintoš— In issuing our first circular for 1901, we beg to wish our constituents, one and all, a Hippyments since 261-December
scmtiny and control which it is possible to well v. Hint came on for hearing. The exercise in respect of imported epium, as.com-
e se arise out of an agreement entered in pared with native opium, will tell in favour of between Mr. R. 11, Holt, of India Buildings, the latter. Native grown opium is no', in the
Water Street, Liverpont, and certain charehol ders of the China Mutual Steam” Navigation. first place, subjected to the same regular charges as latinn optum, and opportunities for Company. The summons was issued on behalf smuggling and evasion of taxation en route are
of Geo. Dodwell, David McLean, W. M. very much grenier. Af Canten, for instance Strachan, . D. Stewart, J. A. Maitland, and the total charges on native opium are rot one. W. A ullam as d rectors of the Company, fourth of those paid on Indian opiunt, while and was directed to R. D. Holt and H. Hand Prosperous New Year. The Christmas Winehunt, Dan, str. 1668, Morgan, Andior the sling price is at least 50 per cent less-
holidays have, of course, stood in the way of Although, in theory, no differential dues can shareholders, who were parties to the agree business, and we have so transactions of any be levied on indias auium, on arrival at the men, asking for the decision of the Court as to panicul r importance to record. A table show. place of consumption, the new taxes, everywhether the directors of the Company woulding the comparative values of local stocks on whee being instituted on prepared opisim, be justified in exercising the discretion reposed the 31st December for the past ten years will which as angle crains a considerable fer in them by the agreement between R. D. flott be found on the last page of this circular.******* centage of foreign opium may also tend to and the shareholders as to the distribution of Banks-Hongkong and. Shanghai Banks Curtail
cales thereof.Of the tou r 36 | llic sum of £25,000, therein mentiored, in
per cent goes
ner, distributing that sum among the persons and
Nelson, on behalf of themselves and the other
sh wa slight advance on the previous week's quotation and clo
Try the manner proposed by the schetre, con- |· London; the "slock @quoted? fained in ̧n filed öffidavit-
Nationals are offering $26
*Eve, KC, said he appear
Shimney clor the
Insurances:
o and Languszes cond
Alaru to Hongkong 53 fer lon.
|
- Ceuleros, Ger, str, fool, Moji tu Swatom 8%,acher ton.; f
Purarth, Ger, sir, 1252, Mäjäor Kachinotu
te Singapore $2.65 person
Hei hunn, Menfell,
to Manila 33. "Deinrich a
Company's Steamship
"THALES,"
to the liberality of all friends of Education: The establishment has been in existence for the last 25 years and is open all classes Múchi of the clerical work of the city is carried of by duas past pupils. As this is the first time we hang applied for assistance we expect a generous response. The names of our most liberal Benefactors will be inscribed upon marble tablets, as a lasting testimony of their generosity, THE CHRISTIAN; BROTHERSS Hangbony amd November, ron,
Captain Robson, will be despatched for
have Paris, on TUESDAY, the 6th Jury, at Daylight.
For Freight or Passage apply to
DOUGLAS LAPRAIK & CO., General Managers. Hongkong. 3rd January 1-3.
[130
BUCHANAN
BLEND
SCOTCH WHISKY
LANE
JAMES BUCHANAN & CO,
ACOTCH WHISKY, DISTILLERS" By Appointment to
EM. THE KING
HRH the PRINCE OF WALES
SOLE AGENTS! OR
ORD & CO