TELEGRAMS.
+6
HONGKONG TELEGRAPH"
SERVICE.
(By special arrangement with
Ostasiatische Moyd.)
The Venezuelan Blockade
AND A GERMAN'S PROMISE
THE HONGKONG TELEGRAPH, FRIDAY, FEBRUARY 6, 1903,
Stock......• ****** ***
636 *
work during the current year, coupled with which woud secure the best possible gradienis, Į Bullock Carts and Live unabared energy in ő ening up the goldfield | the labour required "was indie than had been '| at Swali the development of the recent disco- Anticipated. It became necessary to drive a j Stores on land............ 17,833 ie very of a large quantity of gold-bearing stone tunnel through the bill situate midway between Firewood and Timber on at Bukit Kalampong, and the inaugural work the mill and Swah, and to erect`a substantial
Hand H Der of exploitation in the Tin-land, will not only bridge at the end of the tunnel to connect with
Accounts Receivable ... restore confidence generally, but will at We
Cash at Mines........ sane une le proʼuctive of continuous and
Cash at Pekan ...... profitable mining operations..
The Mili has worked subtaf ctorily, putting through a small trial crushing of fo tons in March, another of 20 tons in June, and com. menced running on day shifts, from the 15th August, up to the 15th December, chiefly on surface stuff, for a yield of 530 025. 7 dute. of sucked gold, equivalent of dwts. per ton of ora milled; and about 4 tons of concentrates
were also saved by the Willey Concentrator, from 200 tons of the mineralized ore crushed."
BERLIN, 5th Feb., 1903, 1.25 p.m. The agreement in writing luas been ́exchanged between the Powers and -Mr. Bowrn, Baron Speck von Stern-
The Mining Staff has b:en strengthened by burg, recently appointed in charge
the engagement in Australia of an Analgamator of affairs at flu German Embassy at and a Prospector; the former arrived at the Washington, has promised the rais-Mines on the 12th January, and the latter ing at the blockade if Venezuela's passed through Hongkong on the 23rd idem.
The health of the Gump has been fairly good, securities are suflicient.
France and Macedonia, The Yellow Book, issued by France with regard to affairs in Macciona, is apparently intended to influence, the inrencfi "Ch"mber. Its diplomatic value, however,. ruther
doubt al
Sultan's Victory.
PRENE + DISAPPOINTMÉST. The French press is expressing itself disappointedly with heard of the victory of the Sultan in Morocco.
{Altanrkj
Mr. Chamberlain in South Afrion.
LOSION, February 4th.
Mr. Chamberlain has arrived at Bloem- fontein where he met with an enthusiastic reception.
The Dreyfus Case again. There are indicates impending of a re- newal of the moun for the rehabilitation of ex-Col. velos It is stated that the
French War On secured a decument proving that ex. Dreyfus could not have been a traitor
Venezuela.
An attempt to re the revolution in Venezuela "his bed. decisively crushed by the Government who destroyed the insurgents (7 Camp) near Cota agua and captured 15
officers and 200 men,
LATER.
INCHE SE OF CAPITAL.
A private meeting of shareholders was con- vened for the 23rd of October, 1902 to discuss the financial position of the Company and prospecs for the future, at which it was agreed to propose An increase of the capital of the Company is the extent of $60,goo by ma ing a call of One delar per share on each of the 60000 Ordinary Shares, fify (o) cents, of which to be pail on or fore the gdí day of February, 1993, and the remainder be called up, if necessary, as the Board may determine. Lo a cordance with this decision, an Extraordinary Veeting was held on the nth November, 1903, when a special resolution to the foregoing eff.cl was passed unanimously, and on the 27th idem the resolution was goanimously confirmed
DIRECTORS,
In accordance with the Articles of Associa tion, Mr. R. C. Wilens and Mr. Thomas Howard retire from the Foard, but offer themselves for re-election.
AUDITOR.
The Accounts have been audited by Mr. A. R. Luwe, Ca, ad the Heard recommend him for re-electi- e.
R. CHATTERTON WILCOX,
Chairman
Hongkong, 6th February, 1903. Report of Me This, Lester, Mining Manager, Dat i god Jamerry, 1,03. Gentlemen, beg to report, for the year just ended, as fo Jones :-
||
|
|
the next cham of hills. These constituted the only engineering difficulies, and their accom plishment has rendered the line a complete success, as the road is workable in all weathers, and one pair of bullocks can draw a load of 4 (trucks" of quant' weighing nearly J8 tons. Owing to the rough weather on the coast at tekan, the first portion of the tram-line material did Lot reach the mines til the end of May, and it was not until the end of july that we had sufficient rails to complete the line.
Cru hinge - parcel of 60 tons of surface. stone had been carted from Swah. This was crushed in March. In June, I had to head of
stamps employedrier two days on stuff lying about the mill, and obtain di ro ozs. 2 dwts. smeted gold therefrom., Crushing was resumed
op the 15th August, for a total of 3,662 tons yielding 530 023. 7 dwas. smelted gold, which has been despatched, together with the bullion held over from last year, weighing 41 ozs. I dwis. 6 gra, and the gold purchased at the mines, which weighed 56`ozs, 4 dwis, 18 grs..
Prospecting--The prospecting of the conces sion was practically at a. standstill at the beginning of the year, owing to sickness. In February, one of the Europeans was able to go out to Tualan, where we can trace a run of stone on the surface for a distance of about a mile. A good deal of trenching was done on this, at times with good prospects, but there was nothing permaneat,
*In May, a reef shewing goll was reported at Goa, and the prospecting party worked there for scie little time with the same results as at Tualan. Mr. Moran, the prospector, who had been unwell since the Christmas, er uid carry on no lunger, and accordingly left the country, Mr. Murchison has since been engaged pro- specting to the north of Swah Hill, and between Swah and Panggong. Early in November, a reef 3 fet thick was discovered in Kalampong Valley, but unfortunately it cat aut after sinking 15 fect on it.
Further searching in that locality his.shewn a very large quantity of crushing stuff, and evidently the cap of a reef Samples taken at daferent points indiente that the whole of the stone is carrying gold. There is no defined freef as yet, but I anticipate that from the surface alone we shall have sufficient store to keep the mill going night and day for some lime. A branch line is being laid and I expect to start. crushing at the end of the present month. The cost of geiting the ore and cor-
The work at your mines has bech directed pine polly to the Swah District, and the conveying it to the mill will be slight indeed.
struction of the imm-line. I submit the follow.
Acting under advice from your Board, I have ing details of the work carried ont.
secu ed the services of a prospector from Stuh The North drive from the main Queensland, and the year upon which we are now entering will, I believe, show a very large amount of prospecting work accomplished, both in regard to gold in deposits. For former. Me langun will be stationed in the Northern district. Mc. Murchison, who has had considerable experience in tin-mining, will be located in the Southern portion of the Concession, whilst the remaining two Europeans will he fally engaged in developing the properties already in hand.
tunnel has been extended 206 ft., mostly in blank country. Siaping, was commenced on the stone mentioned in my last report, and it Eastern Europe.
is to be regretted that the result of the crush The Porte has ficially warned the Powersings has not borne out the opinion I had formed regarding the quality of the ore.. The appear that the Macedonian Committee in Bulgaria ance of the stone has been most deceiving. is Organizing a regular invasion of Macedonia As will be seen from the statement of the in the spring. The situation is causing much crushings, the 804 tons of quartz from the anxiety on account of the international issues stopes only yielded 154 ozs. 11 dwts. involved:
The Boers in Somaliland. The Boers in Somaliland are most willing and are giving every satisfaction,
(N. C. D. News.)
The Promotion of Trade" on the Blue Nilo.
LONCON via BOMBAY, 19th January. An expedition, splendidly equipped by Mr. J. W. McMillan, ironmaster of Detroit, Mich., U.S.A., is about to stari for Abyssinia whence it will proceed in June To descend the -Blue Nile in steel punts, to test the value of the-river as a commercial waterway, with the view of diverting a panion of the traffic that now goes through Daletil."-
The Anglo-Egyptian authorities and the Bri- ith Agent in Abyssinia, Lt. Col. Ta rington,
Bic actively co-operating in the scheme.
-
irogress in the Soudan.
30th January.
A tuanel (No 2) was comnienced at about B: It. above the main tunnel, and driven 13 ft. At the start we obtained some good looking stone, but nothing further was discovered.
In fine found it de essary to put in air- drives, and sink an air-shaft, to secure ventila tion in the stopes. The air-shaft was sunk from the end of No. 2 tunnel to a depth of about 80 ft At a distance of 231 h. in the main tunnel, a crosscut was started and driven North 113 ft. lo intersect the air-sb>st. From this crosscut another drive was driven 122 ft. to connect with the stopes.
An open cutting was commenced a consider. able distance up the hill, and immediately over the air-shaft, to obtain surface stone. Here we obtained some very good specimen stones, which proved however io be only "floaters." A fair amount of crush ng stuff was procured.
appeared to be a tode underfoot, and in order In the open cutting, just referred to, there
THUS. LESTER,
Manager. BALANCE SHEET, 31ST DECEMBER, 1901. Capital and Liabilities. Authorised Capital:- 60,000 Ordinary Shares at
tr ..................$660,000 30,6:o Preference Shates at
$1...
l'aid-up Capital :-- 58,852 Ordinary Shares at
$10.
rco Ordinary Shares at So in abeyance ....... 698 Ordinary Shares of $(forfeited) ... ↑ 350 Ordinary Shares not
allotted
28.964 Preference Shares at
to test it, a tunnel (No, 3) has been driven 266 60,000 st. at a lower depth. At 141 ft. we found 1 foot of white stone which carries a little gold.
An open cut was also put in over a tunnel, Lord Cromer, in a speech at Kharton, formerly worked by the Company, at the north promised to push forward with all speed the end of the hill, and known as, "Whiting's" constriction of the railway to Suakim, on the Red Sea, which is essential in the development, where some 40 tos of stone had been 30000
6 tons from the cutting
...
1,036 Preference Shares
net-allotted......
Marine Intu “ance.
of the Sudan. The 'cost willybe £2,500,000tracted and stacked. We obtained a further sterling.
The country rock in the main turnel is Accounts Payable........ prospect of the discovery of coal to the south much disturbed, and during the past month or
Lord Cromer mentioned that there was some
of Kharlum.'
THE PUNJOM MINING.COM-
·PANY, LIMITED.
The sepon for presentation to the share holders at the sixth ordinary general meeting, to be held at the office of the Company, No. 13, Beaconsfield Arcade, llongkong, on Tues- day, the 17th inst, at noon, is as follows
Gentlemen,-The Directors have now to submit to you their report on the working of the Company and a Statement of Accounts fr the year ended 31st December, 1952, ||
The work done during the past year on the Concession has been considerable, details of which are given in the appended Annual Report by Mt. Thomas Lestor, the Compacy's Mining Manager, and it may be imereping to adithai subsequent letters received from tm are of a distinctly h peful tone, as to future Aresults s
Financially, for the period und r review, the increase in the debit balance has been only $16.507.13, as against $79,055.15 in the last reporte
There is also substantial ground for hoping thal, with vigorous prosecution of prospecting TOTTAM & CO FOR WASHING
BOW TIES.
two the stopts have been barren owing to a slide. This will necessitate some expluiting to pick up the reel again.
30.000
$690,000
588,620
900.
6,193
595-712
28,904
-$624,676.00.
755.00
PROPERTY AND ASSETS. Cost of Estate as per last
alc ...... ..$157 964 39 Less Liabilities of old
Mil Gully SkaffXVery little work was done in this shaft during the year, as a large ainunt of prospecting had been done with no sa cess. The water was very heavy and the Company not claimed:- shaft required re-timbering. It was therefore
Preference decided to close it down.
Kladi Shaft-This shaft was sunk to discover the cap of a reef mentioned in the reports of a former Manager (Mr. Blamey), The shaft was sunk to a depth of 115 ft., and drive was put in from the hotton a distance of 86 ft. A crosscut was worked from the drive
shares not ap. plied for...$1,036.00 Dividends de
clared 1890, 1897.... Suspense Afc... 1.25
1,437-77
to tap the water which; it was a leged, had. Development of Conces been the cause of abandoning the workings- sion
• 5,168.60'
Cash at Bank, Kuala
Lampor
Castrat Bank, Singapore
3.395.33
21,865.70
.. 352 09
63844 118.73
861.22 6.121.99
PHUM QUOTATIONS. Yesterday's quotations are as follows
MALWA NEW
11
LAST YEAR
OLDEST
PATNA NEW
BENARES NEW Persian (Paper).
Per chest. $970...
@ 1,010/1,030 1,050/1,130 1,027)
€ 1,007)
To-day's Advertisentents.
897.41
THEATRE
8,989,80 1,139 50
Cash at Bank and in hand at Hongkong Gold Bullion in Transit Working Account, balance at debit 161,0.9)
1
63099.60
WORKING ACCOUNT, YEAR ENDING 31ST DECEMBER, 1902.
Dr.
To Balance from Inst Account .....$43.81
Operations at Mines
34.338.37 4,200.00 5,302,91
Fees to Sultan of Pahang...... Prospecting....
Royalty on Gold.......... Bullock Carts and Lives Stock
Account, Luss written off. Timber Account, Loss written off Salaries, Wages and Head Office
Charges ..........
To-day's Advertisements.
THE PUNJOM MINING COMPANY, LIMITED
[OTICE is hereby given that the SIXTH 6700/710 NOTICE NART GENERAL MEETING of SHAREHOLDERS in the above Company will be held at the OFFICE of the Company, 13, Beaconsfield Arcade, on TUESDAY, the 17th. February, 1903, at Noon, for the purpose of receiving the Report of the Directors and the Statement of Accounts. to the 31st December, ROYAL 1902, and for the Election of Directors, and
Auditor.
By Order of the Board of Directors,
W. KERFOOT HUGHES, Secretary. Hongkong, 6th "ebruary, 1903
CITY HALL.
POLLARD'S LILLIPUTIAN
OPERA CO. TO-NÍUTT,
Last Performance of "BELLE OF NEW YORK."
TO-MORROW, MONDAY, TUESDAY, 7th, 9th, 10th February, "PAUL JONES,"
TO-MORKOW AFTERNOON, FIRS MAT. at 3.30 F.M "PAUL JONES"
WEDNESDAY, THURSDAY, FRIDAY, vik, rziły 13th February, "A GAIETY GIRL."
SECOND AND Last MÂT., SATURDAY, 14th February, at 3:39 PM.
General Expenses at Mines..
11,124.20
11
Panggong Office Expenses
3,286.4:
1,095.83
158.00 57.73
P
5.394-73 405.58
201,25
$8.50
2,400.00
"Directors' and Auditor's Fees ...
5,100.00
Plans now open at Robinson's. Late trains and formes during season Rongkong, 64-February, 1971.
1148+
$294,587.28
Cr.
13
. Insurance...
Exchange.........
.. Telegramas
» Agency Fees
By Advances on gold shipments 21,23073
Proceeds of gold í ón coricent-
1
rates
**
Profit on sale of shares furferied Interest
3.970-37 17455
"
2,569.74
Transfer fees
**
Sundry unclaimed balances Balance
21
30+1,000 93
13.75 717.04
$191,587.28
ILMS. *PINALORE."
HONGKONG RIFLE ASSOCIATION,
THE SPOONS,
THERE will be 2 COMPETITION as above TO-MORROW, the 7th instini, commencing at 2.30 PM,
RANGES. 200, 500 and 600 yards. Seven Shots and a Sighter at each Range. M. S. NORTHCOTË,
Hon. Secretary. Hongkeng och February, 1993. HONGKONG RIFLE ASSOCIATION.
[3
ANNUAL GENERAL MEETING
W. KERFOOT HUGHES,Tof the fe ribers of the Association
Secretary,
I have examined the Books and Vauchers of the Company, and certify that the above State ments are in accordance therewith.
A. R. LOWE, CA, Auditor.
Hongkong, 5th February, 1903.
CANTON NOTES.
{From Our Own Correspondent.)
CANTON, February 5th.
OPTICIAN CHANGES.
will be held at the HONGRONG HOTEL, ON FRIDAY, the 30th February, at 5 o'clock P for the purpose of passing the Accounts for 1902, electing a Committee and Officers for 9a3 and to consider a proposal to amalgamate with the Army Rifle Association,
Members are atnestly requested to attend.
MOWBRAY 5. NORTHCOTE, Hon. Secretary. Hongkong, 6th February, 1003 IMPERIAL GERMAN MAIL LINE,
STEAM FOR SHANGHAI, NAGASAKI, HIOGO AND YOKOHAMA.
"PREUSSEN,”
of the NORDDeutscher LLOYD,
11500
IMPERIAL GERMAN MAIL LINE.
NORDDEUTSCHER
LLOYD.
HAMBURG-AMERIKA LINIE.
NOTICE TO CONSIGNEES. ·
THE Steamship
"PREUSSEN,"
of the NORDDEUTSCHER LLOYD having arrived, Consignees of Cargo are hereby informed that their Goods, with the exception 1 of Opium, Treasure and Valuables, are being landed and stored at their risk into the Godowns of the Hongkung' and Kowloon Wharf and Godown Company, Limited, Kowloon, whence delivery may be obtained.
Optional Cargo will be forwarded unless notice to the contrary be given before 5! M.,
TO-DAY.
No Claims will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the 14th instant will be subject to rent.
All broken chafed, and damaged Goods are to be left in the Godowns, where they will be examined on MONDAÝ, the 16th instant, ' at 9.30 AM.
¦ All Claims must reach us before the rgth
instant, or they will not be recognized.
No Fire Insurance has been effected. Bills of Lading will be countersigned by the Undersigned.
NORDDEUTSCHER LLOYD,
MELCHERS & CO., Agents. Hongkong, 6th February, 1903.
(6535
SOMETHING ABOUT "BARGAINS IN GLASSES."
There is no such thing as "bargains" in 35ere glasses. Glasses which are worth "Si for :
this week only" are not worth any more the next week or any other week, in fact they are | never worth the money asked for, or better still are too dear at any price. Your eyes need a thorough examination by a reliable Eye Specialist before you get your glasses, and this examination is worth some money. To get the right glasses is worth everything--wearing wong glasses means killing your eyesight Your eyes are your life and no bargain-counter article.
Captain E. Prehn, will leave for the above plices TO-MORROW, the 7th instant, at Daylight.
NORDDEUTSCHER LLOYD, For further Particulars, apply to
MELCHERS & CO., Agents. Hongkong, 6th February, 1903. INDO-CHINA STEAM NAVIGATION
His Excellency Kung, late Prefect of Kwong THE Imperial Gennan Mail Steamship Chau, will soon leave Canton, His successor, Sham, has arrived and taken over-the-seals of of Many of the Cantonese are very sorry to lose Mr. Kung. During the last two years Mr. Kung has had to do with the government of Kwangtung, first as confidential advisor to Viceroy Tay Mu and later as the Prefect of Kwong Chau. He has been a friend to pro- gress and encouraged all movements for the education of the people. His proclamation at the time of the threatened rice famine last autumn will long be remembered. Probably no other official has ventured to urge the
T people to refrain from spending money on idol festivities and devote the money to relief purposes and at the same time making himself the sole person against whow the anger of the gods should be directed for this neglect of them. We need such men as Mr. Kung here and it is to be hoped that he may yet find some position in Canton,
A PETITION,
A number of influential persons have peti- tioned the Tsin Ilau Kuk to have a tax imposed upon any man who binds the feet of lugd ughters. This is the one way of showing disapproval of the practice of tool-binding.
To this same connection it is interesting.to to know that the Chinese in this province, are anxious to do away with the bathersome queue. Your correspondent has been. asked by a score and more of Chinese within the last two weeks |whether it was true or not, that the Emperor has cut his queue and was dressed as a for- eigner. The native papeis some time ago re- ported this to be a fact. The object these Chi- nese had in asking, this information was that if true they tan would cut the queue but still wear the Chinese dress.
DARING ATTEMPTED ROBBERY. Ming Yuen, big silversmith's shop in Shee Po Yuen Kai on the stipulated guides' route, Sogo 79.60 was visited yesterday at noon by four men, pre. sumably for the purpose of wishing the occu. pants allfappy New Year." One of them, how. ever, produced a revolverdrom under his coat sicere and bailed up the shop, while the other 'Three commenced robbing it. One of the house escaped to the roof and gave an alarm, fortuna. tely some soldiers were near and after.a strug. gle in which several shots were fired, they managed to capture two of the robbers who by the way were dressed in, silks as gentlemen.
2,585 02
155.379.37
8,118.26
18,227.01. 11,70366
68,273.43 12.335.27
in the previous history of the mine. Our Main and Kladi Dains.....32 356.65 workings, however, i siled to discover either the Buildings'. water or the stone. After putting in drives Roaris and Bridges north and south to li, and 53 ft. respectively, from the crosscut, and sinking a winze to Machinery Plant and. ́a depth of 20 ft, 1 ens deied the work was
Equipment hopeless and the mine was shut down. Syanide Pant ....... timber in the shaft was valuable, and I caused Portable Tram-line and
**Trucks it to be drawn
27,947.05. Furniture at Mines.........
2,0.9.85 Furniture at Head Office ·467 43°
Trum line.-Early in the year a start was made to clear the jungle, and prepare the track, for the tram-line. In choosing a roule TOTTAM & CO., FOR TRESS'S STRAW-
and FELT HATS.
Commercial. ·
EXCHANGE.
Bank Bills, on deninnd ...1/5 13/16 Credits, trouths' sight...17.3/th D'ments, 4 monthïs: sight.... 6/7 SL6 KLIN, Idemand).
M.1.601
ON PARIS. Bank Bills, on demand.....1.961
·¡Credits, 4 months' sight ..............2 00 LSD NEW YORK, Bank Bills, on deraan...38) Credits, 30 days' sight....... 38) IN BOMBAY, Telegraphic Transfer......116)
On demand.ma
.1164 IN SHANDJAI, Telegraphic Tr nsfar -721 Private 30 days' sight-
AR YOKOHAMA, T. To minis Sovereigns, Bank's Buying Rate...... Gold Leaf 100 tauch; per taðli... 77.18 trilver... -••••••
COTTÁM & CO., FOR GENTS BATH COTTAM & CO., FOR SUN HATS,
COTTAM
- ING GEAR.
.66.35
M
15h30
COMPANY, LIMITED. FOR SINGAPORE, PENANG AND
CALCUTTA ~HE Company's Steamship
"KUMSANG,"
Captain Buller, will be despatched as above, on THURSDAY, the 12th instant, at Noon.
For Freight or l'assage, apply to
JARDINE, MATHESON & Co.,
General Managers. Hongkong, 6th February, 1003
One charge covers the entire cost of exami. nation, glasses and frames.
N. LAZARUS,
OPTHALMIC OPTICIAN,
OF LONDON AND CALCUTTA, Consulting Room:
No. 16, Queen's Road Central. Entrance through Mr.R. Houghton's Tailoring Establishment, nearly opposite. Hongkong [+49e. Hotel.
THE POPULAR
SCOTCH
IS
"BLACK&WHITE"
SCOTCH・・ MISKY
JAMES BUCHANAN & CO.
SCOTCH WHISKY DISTILLERS,
By Appointment toij
EM. THE KING
and
HRH the PRINCE OF WALES
SOLE AGENTS;
LANE, CRAWFORD & CO.,
HONGKONG,
Page 5い