TELEGRAMS. [Reuters.]

Situation in Kussia,

LONDON, 9th February. The Warsaw hospital are full of patients, and refusing to admit more.

Despite official announcements, rumours are rife in St. Petersburg that there will be a general, resumption of the strike on Sun- day. The whole situation is full of uncer- tainty.

Sweden and Norway, King Oscar of Sweden and Norway, who is in indifferent health, has transferred State functions to the Crown Prince.

Later.

King Oscar of weden and Norway trans- ferred the State functions to the Crown' Prince because of his not being robust enough to deal with the new crisis arising out of the final disagreement between Sweden and Norway concerning a separate Consular service.

A Chinese Loan. A Chinese five percentage loan for one million sterling will be issued, on Friday, in London and Berlin, at 97.

SINGAPORE DUCKS,

"PRICES HIGHER THAN NEED BE.”

THE HONGKONG TELEGRAPH, SATURDAY, FEBRUARY 1I, 1905.

NAVAL BOXING.

Pressure on our spyce this evening does not permit of our printing on sull the account of the second night's boxing at Kowloon. Following are briet results

Caune:op Parker (concluded from the pre- vious evening) terminated in a win for Parker › Light-weights (second round); –Clark, Glory, beat Beales, Albion. Parkin, Albion, beat Wade of the Hogue. The fight was won on a foul given against Wade. Parker of the Oceas scratched to Curren of the Glory, “

Middle-weights (first round):-Kidd, Albion, bea McCarthy, Rambler, Jordan, Oce-in, heat Rose, Glory, Deveson ofthe Glɛry, a bye, Bantam weights, (semi-final);—Puck smith, Tamar, beat McDonald, Albion.

Wilks of the Glory, a byc.

Feather-weights (semi-final):-Francis, A sion, beat Little, Glory, Walker, Sutlej, beat Eglington, Glory,

Officers over 1031. 4 lbs:-Midshipman' Kenworthy, Glory, beat Lieut. Gregory Whiting,

TO-NIGHT'S PROGRAMME. Following are the men remaining in for semi-final and finals of competitions:-

Heavy weights: R. Gatehouse, P., 1st class, Albion,v 1. Lavus, P. O. 1st clay, Tommir

Middle-weights:-Pie. J. Kidd, Albion, A. Deverson, A.B.. Giery, and II, Jordan, A.B, Ocean. These three men will draw, one having to box a bye..

Light-weights-R. J. Clark, Gym. Ins. Glory, M. Parkin A,B,, Albion, and F. Cursen P. O. and Class, Glory. The above men, in draw, one also boxing a bye.

HUNGRONG, AND WHAMPOA DOCK CO., LTD.

Following is the report of the board of directors to the ordinary yearly meeting of shareholders, to be held at the offices of the company, Queen's Buildings, on Monday, the 20th intl, at 12 o'clock noon,

To the shareholders of the Hongkong and Whampoa Dock Company, Limited.

Gentlemen, The directors have now to sub- mit to you their report, with a statement of accounts for the half-year ended "31st Decem ber, 1901.

1

The net profit for the six months, after paying interest due and

all charges, amounts to...$370,159.03. to which has to be added the balance brought forward from last account

505.471-73

$875,630.76.

10,750,00

and from this have to be deducted-

Directors' fees.......................$10,000,00 Auditors' fees.

750.00

leaving available for appropriation......5864,880.76.

The directors recommend that a dividend for the balf-year of 12% or $300,000, and a bonus of 2% or $10,000, in all $350,000, be paid to the shareholders; that 816,591.66 be written fran the value of Kowloon Docks, and the balance 5498,289. be carried to the new account,

The tonnage of ships repaired shows some diminution attributable to temporary causes.

A large shipyard shed adjoining the ship builders plant has been completed.

The electrical shop has been extended by Feather-weights R. Francis, A.B. Albion removal of the galvanizing and sandblast

plant to new quarters. A. Walker, & B. Sutlej. Banton-we'ghts -te. J. Fucksmith, Tamar, 7. F. Wilkes, A.B.Glory.

Tonight's boxing should be of a very in

The entire foreshore frontage has been dredged by the Canton River to facilitate re- pairs of ships alongside.

A large twin screw vessel for the Yangisze, and a survey vessel for the United States Government have been successfully completed

DIRECTORS.

teresting nature as all men are sure to do their very best. We have heard that it is the inten tions of the following men to challenge the winters in the respective weights-Halligan, .A.B, Vengeance (Middleweights), Terry Arm

Mr. J. H. Lewis and the Honourable Mr. C. W. Dickson having left the Colony, Mr. H. P. strong, A B., Vengeance (Featherweights), F. White and the Honourable Mr. W. J. Gresson Wade, Ch. Yeo. Sig. Hogue(Lightweights), and | have been invited by the directors to the vacant Mickey Lacey, A... Venance (Hantam-seats at the board. These appointments weights).

require to be confirmed by the shareholders at This meeting.

In accordance with clauses 78 and 85 of the THE ATTACK ON A EUROPEAN articles of the association Sir C. Paul Chater, Kt, CMG, and Mr. J. S. Van Buren retire by rotation, but being eligible offer themselves for re-election,

SIX MONTHS' HARD LABOUR.

The ricksha coolje who was charged with

Sir C. Paul Chater, K., CMO, has been re

AUDITORS.

The accounts have been audited by Messrs. Thomas Arnold and 1. U. Jeffries, The directors recommend Messrs. Arnold and Jeffries for re-election.

C. P. CHATER,

Hongkong, toth February, 1905.

Most of the public consideration in conoce- tion with the weighty business of taking over the Tanjong Pagar Duck Co., has hitherto been la connection with the price to be pad by the Colony to the shareholders for their phares, This is directly of interest to the comparatively few shareholders, and ind rectly to the taxpayers of the Colony, who, if the concern on the new management cannot be made to pay expenses, will have to pay the difference from the general revenue of the Colony. We (Singapore Fric Press) do not think there is any rosy financial future in store for the revenue from the time the Colony assumes the duties of wharfingers to all and sundry His Britannic Majesty lieges either do we (and numerous alien) vessels anticipate any great loss, unless the inevitable arbitration goes hardly against Government In any case these considerations eie sot para- mouni. The chief points are: WDI our com. merce be beller seived by the Colony's wharves than they now are by the Company's? Will the cost of handling and storing goods assaulting with intent to rob Mr. W. J. Scully appointed chairman for the year 1905. be less? Will the Board he able to repair and throwing pepper in his eyes, under circum. ships more quickly and cheaply than at pre- stances already reported in these columns, was gent? It must be remembered that the busi- placed before Mr. Kemp this morning, when ness of the Board resolve itself into two main | evider ce was given by Mr. W. », Ward as to divisions--whatfingers, and docking and re- | complainant's leaving the Hongkong Hotel en pairing. The wharves must obviously be re- Thursday night, and driving away in a rckshe. tained under the control of the Board. to be; generally used, on the principle first come first served. We take it there can be no question of reserving any particular berth for hay parti- cularvessel or th e, as is donent present-when the improvements are carried out there will be little need for a, but they will not be completedbe leaving inn few days, and would not be for many year, Bai will the monopoly of the Tanjong Pagar Dock Co, as to repairs and dock- ing, to say nothing of building vessels on the most eligible site in all Singapore, be maintain. ed under Government? This is obviously a question that largely concerns the trading com. munity, for high prices for repairs and docking menn dear freights, and dear freights affect the whole of commerce of Singapore as a distribut In 1902 there was an increase in the stamp ing centre. At present, we understand the Dock

revenue of the Colony of $25,101,66, the total Company, doubiless in the interests of its share-

Amount received being $541,460.21 as against halders, rightly tabops the pissage over its pre- $515.35635 in the year previou. The largest mises of a single plate, piece of machinery, pol increase was under the heading "embossed of paint, barel of cem at or fathom of ling that stamps" which brought in no less than has not passed through its own stores. Notaman | $127,790.40 more than was the case during aboard a steamer is allowed to go down into 1903, while the greate decrease was that the dock and help in repairs in a vessel. Not | derived from embossed stamps which showed

The charge was held proved. Mr. Kemp then asked Mr. Scully how long he was going to remain in the Colony, as he could only give the man six months' hard labour and His Wor- ship did not consider that quite sufficient to meet the offence. Mr. Scully said he would

able to appear to prosecute at the Criminal Sessions, His Worshin then said he must in that case, deal with the matter himself, and sent the accused to six months hard labour. Other arrests are expected to follow.

HONGKONG STAMP REVENUE,

a out can be ra en off be the ship's own er. | a falling off of $71.933.31.

A CANDID THIRE.

gineers, or those of the outside firm employed regularly by the owners to keep their vessels in trim. The closed gate shuts out all compe- tition and thus prices are kept higher than they need be. locks and machine shops have to pay for coal storage. On general principles i Beems difficult to justify the carrying on by Government, at the public expense and risk, of a ship-building or repairing business that competes with private firma carrying on the #ame line of business. There are certain businesses that may he cried on by govern ments and municipalities in the public interest -such as that if letter canyig gas-making. water supply. In all these malters the public interest is best served by direct administrative control there is no private company working for profit that could as well serve the public in these matters, unlese they are given a mano- poly, which is apt to become a dange nus privilege. But in the repairing of ships there are several firms in Sgapore who work on a large scale and are just as competent to serve tive and his chari e then proceeded up the the public, and do so serve the public, with-street to a house in which the coolie pointed out being given any monopoly. Their com

Yesterday morning a Chinese detective was patrolling the road at Yaumati, when lying by fence, he saw a big bundle which he discovered the side of the the rou, fifare, below a bamboo contained several dozen new table knives. `The detective immediately hid himself in the vicin ity to swai: developments. Nor hade long to wait, for in așvery shon time n launch came along, and from it landed a coolie who want straight to where the parcel lay, and was pre- creding to remove it to the launch when the detective stepped up, and asked him where he got all those knives from, and 10 sécrunt far bis actions. "I stole them from a steamer," said the man, "but another man has a lot more, and I will ini e you to him,” The detec

petition, within certain legitimate limits, out a parcel containing seme twenty dozen chiefly that of doing equnty good work table-knives, and the man who had received for a less sum, is an adventage to the them from him The receiver was then also shipowner directly, and indirectly, as we have arrested, and the pair of them placed before Bald, to all who are concerned in cheap Mr. J. H. Kemp, at the Magistracy, this morn froights: that is everybody in this island. The ing, charged respectively with the theft of the question, therefore, is, will the Government Board continue to keep up the rigid taboo of all knives, and receiving stolen goods. They were outside work and material used in ship repair convicted and fined $100 each, or three months' ing and docking. If it doe', farewell to any hard labour. The goods were discovered to have advantare in economy to ship-owners in this particular direction. If it does not, how docs

been stolen from the 58, Glenford, which bas it hope to fare in open competition with private now left the harbour, and they now await proof firms allowed to undertake similar work? Con- of ownership, tinue to make money? We trow not, deprived of the unique advantage offered by having their premises reserved for themselves. And if out- alda workers be allowed to come in, what price a remunerative return for all the money invest- ed in the machine shops, stores, &c. Lease the machine shops nud works, we hear some one suggest. But who is likely to take up a lease unless they are guaranteed the monopoly that alone can make them pay? Here is s breakfast table problem of the knottiest. And it has this merit, that satisfactory Julon will go far to really better the Part, by intruck- ing healthy competition in ship-repairing, and to a lesser degree abip-building and docking. It is moreover of practical interest as an ime

portant factor in improving the facilities of the Port, which after all, is the main justification for Government expropriating the present Company,

THE WEATHER..

The following report is from Mr. J. 1. Plum- mer, Chief Assistant of the Hongkong Obser vatory:

On the 11th at 17,52 m. The barometer has fallen slightly at nearly all stations.

of China but gradients are rather less keep on The Anticyclone continues over the interior

the east coast,

They are still steep to the southward, Formosa Chantel and strong monsoon in the Fresh NE. monsoon will prevail in the

northern part of the China Bea

Forecast-Fresh NE, winds, overcast, fair,

C' airman.

n

Profit,...

By Net earnings of the company's

bres establishments, Dredger, net earnings, Bobus on Insurance premia,

E. & Q. E. Hongkong, 10th February, 1995.

901.21

To Telegrams, .........................:1,650,80 | An interim dividend of TIs. ô por share was Legal expenses, ............................................ 709.00 declared and paid in July. New additions Marine insurance account.**

8,000.00 *498.32

and repairs during the year amounting to Tia 370,159.03 6091.84 have been written off, as well as Tis.. 2,500 for depreciation, besides setting aside 483,660.75⋅ | Tla-15;0dc for Reterve. From the balance of Tis. 43,96849 at the credit of profit and loss 481,70401 account, the directors propose to pay a final 1,054 53 dividend of Tis. 8 per share, carrying forward T. 6.968.19. Shares have been dealt in at Tis 155 Central Stores (new issue) have $ 483,660.76 been disposed of at $61. Maatschappij tot Mijo, Bosch-en Landbouwexplotitatic in Langkat, Limited, has issued its report and accounts for the twelve months ended 31st October, 1904. The working account shews a surplus of Tis. 4,227,202.75 on the year's operations and the amount has been transferred to profit and loss account. After deducting (a), Tis. 875,000, amount of four interim dividends paid during the year, (b) Tls. 193,540.55, amount placed to reserve fund,, bringing total up to Tis. 528,210.38 which leaves only Tis. 19,289.62 to complete the account in accordance with the statutes of the Company, and (c) Tls. 15,000, amount written off various accounts, there remains at credit of profit and loss account a balance of Tls. 35,040.33 to be carried forward. Shares remain in request at Tis, 2771.

W. B. DIXON,

Chief Manager, THOS. I. ROSE, Secretary.

We have examined the books, and vouchers of the company and hereby certify that the above statements are in accordance therewith.

THOS. ARNOld, I'

Auditors, H. U. JEFFRIES,S

COMMERCIAL.

'WEEKLY ́SHARE REPORT,

In their report of toth inst., Messm. Benjamin, Kelly and Potts write:-During the past week, business has continued quiet all round and, with the exception of a rise in Canton Insur surances and China Sugars, ratas remain much the same as laif reported.

Banks-Hongkong and Shanghai Banks are steady at $720, and the London quotation is unchanged at £75. The directo report that the net profits for the half-year ended 35x0.j December, 1904, including $1,492;55431 balance brought forward from last account, and after paying all charges deducting interest paid and due, and making provision for bad, and doubt. ful debts, amount to $4.745.544.05. From this has to be deducted the sum of $15,000 remuneration to directors, leaving available for appropriation $4.730,544.05, which it is re- commended to dispose of in the following manner:To transfer to credit of silver reserve fund $1,000,000, write off bank premises ac- count $200,000, pay a,dividend of £1 10/- and' a bonus of £1 per share, and carry forward to

profit and loss account $1,493,408.75 Nationals have changed hands at Tls, 36.

Marine Insurances.-China Traders have again been booked at Tis. 584 and Cantons have further advanced to $160.. In other stacks under this heading, there is little or no change

to report.

Fire, Insurances-Hongkong Fires have strengthened and can be placed at $340. Chine Fires remain unaltered at $95.

Shipping. Hongkong, Canton and Macao Steamboats are a shade smer and have buyers at $16. The following is an extract of the Report of the Directors for the half year ended 31st December last:-/fter paying running

To-day's Advertisements.

NAVIGAZIONE GENERALE ITALIANA, (Florio and Rudattino United Companies),

STEAM FOR

BOMBAY VIA SINGAPORE AND PENANG.

Having connection with Company's Mail Steamers to ADEN, SUEZ, PORT ́SAID, MESSINA, NAPLES, LEGHORN and GENOA, ALSO

VENICE and TRIESTE, all MEDITER- RANEAN, ADRIATIC, LEVANTINE, and SOUTH AMERICAN PORTS up to CALLAO, (Taking Cargo at through Rates to PERSIAN GULF and BAGDAD; also BARCE.

·LONA, VALENZA, ALICANTE, ALMERIA and MALAGA). HE Steamship THE

"CAPRI,"

Captain Belsito, will be despatched as above, on WEDNESDAY, the 15th instant, at Noon, instead of as previously advertised.

At BOMBAY, the Steamer is discharging in VICTORIA DOCK.

For further Particulars regarding Freight and Passage, apply to

CARLOWITZ & Co,

Agents,

Pongkong, 11th February, 1905.

NOTICE TO CONSIGNEES.

The following are the Accounts for July to expenses, salaries, premia of insurance, repairs THE I. & O. S. N. Co's Steamer December, 1904.

ASSETS.. Aberdeen.

To Value of Aberdeen Docks, as

-péi last statement,

"

Kowloon,

Value of Kowloon

Docks, as perlast statement,...$1,285,937.85

Less amount since

written off....

11

Amount paid in connection with purchase of Hunghom In lots Nos. 63 and 16, .. Working expenses

11

"

11

11

14

31

#1

of dredger Con ton River dredg- ing foreshore in front of iron store, &C......ph. Amount paid on account of remoy. ing hill at back of new forge....... Amount paid on account of new Electric Installa. tion. Amount paid on account of ship. yard machine shed extension. Amount paid on account of new galvanizing shop, Amount paid on account of new stone piers and wharyes, Amount paid on account of new

drawing office.... cost of new ma

ch nes for new fitting shop,...

35.937.85

2,250,000,00

6,000.00

12,675.10

200.00

6,356.00

21,373.00

4.038 00

1,132.00

8,244.56

5.973 09

Cosmopolitan.

Value of Cosmopo-

litan Dock, as per

last statement.... 301,890.00

Less amount since

written offenses.

1,890.09

Value of Tug, Dredgers, Launches and Lighters, ..........:: Sundry debtors; ....................................... Value of material on hand,

LIABILITIES.

By Shareholders for 50,000 shares

简单

and all other outgoings, there remains, includ- ing $6,36 85 brought forward from last ac- ́count, the sum of $106,160 89 al credit of profit and loss account. From this ameunt, the $ 100,000.00 directors, recommend that a dividend of $1 per share be paid to shareholders leaving a balance of $26,167,68 to be carried forward to new account. Indo-Chinas continue firm and have improved to $125. Shanghai Tugs are in de- mand at Tle, go for the ordinary and Tls, 48 for the preference shares.

Refineries. China Sugars, have further ap- preciated and now close at $217. Luzone are wasted at $121. Perak Sugars have been done in Shanghai at Tle. 54.

Mining-Chinese Engineerings have harden. ed and are asked for at Tis. 71. Raubs are obtainable at $31.

Docks, Wharfs and Godowns.-Hongkong and Whampoa, Docks have advanced to $210 and are inquired for. Fatakams have receded to Tls, 153 but shares are wanted at this rate. Kowloon Wharfs are somewhat weaker and can be obtained at $tos (old) and Siot (new). Hongkew Wharls have further risen to Tls. 140 and close with buyers at this figure. Geo, Fenwicks are offering at $43.

|

"BENGAL,"

FROM BOMBAY, COLOMBO AND

(228

STRAITS. Consignees of Cargo by the above-named- vessel are hereby informed that their Goods are taing landed and placed at their risk in the Hongkong and Kowloon Wharf and Godown Company's Godowns at Kowloon, where each consignment will be sorted out mark by mark, and delivery can be obtained as soon as the This vessel brings on Cargo:- Goods are landed.

From London, &c., ex S.S. Ocauna.

Intimations,

YOU WANT

PROVISIONS

AND

WINES

IN

1905.

GET YOUR SUPPLIES

FROM

R. Perez & Co.

(SUCCESSORS TO

A. CHAZALON & CO.

AND

G. GIRAULT)

6, QUEEN'S ROAD central,

Opposite. Connaught Hotel.

Who are Suppliers of High Class Wines, Spirits and Provisions,

French Bakers,

Navy Contractors,

and

Commission Agents.

BRANCHES :

|HONGKONG, SHANGHAI, HANKOW,

Hongkong, 7th January, 1905.

GREEN ISLAND CEMENT COMPANY,

LIMITED.

PORTLAND CEMENT.

From Persian Gulf, &c., ex B. 1. S. N. and In Casks of 375 s. net $5.00 per Cask

ex Factory.

B. & P. S. N. Co's Steamers.

Optional Goods will be landed here unless

instructions are given to the contrary before In Bags of ago Bi, net $3.20 per Bag 10 AM., TO-MORROW,

Goods not cleared by the 17th instant,, at

4 P.M., will be subject to rent.

No Fire Insurance will be effected by me in` any case whatever.

·

Damaged Packages must be left in the Godowns for examination by the Consignees' and the Company's représentative at an appointed hour.

All claims must be presented within ten days of the steamer's arrival here after which date they cannot be recognised.

No claims will be admitted after the goods have left the Godawns,

E. A. HEWETT,

Superintendent

Hongkeng, 10th February, 1905

NOTICE TO CONSIGNEES.

FROM MIDDLESBOROUGH AND LONDON.

fa

Lands, Hotels and Buildings-Hongkong Lands are on offer at $134. Shanghai Lands.j are firm at Tis. 116. According to the report of the directors, the working account for 1904 shows a credit balance of Tis. 367,875.25 com- pared with Tis. 362,189.28 for the previous year. The amount al credit of profit and loss accourt, after deducting the interim dividend HE Steamship of Tis: 3 per share paid in July, is Tiu, 331.734-95 which the directors recommend to divide as follows: To pay a final dividend of Tls. 3 and a bonus of Tis. 2 per share (absorbing altoge- ther $160,00), 10 transfer Tls. 28,813.05,to rez. verve fund and Tis. 1,855.74 to equalization of 2,316,591.66 || dividend fund, and to carry forward to new ac

count Tis. 40,066 66. Hongkong Hotels are in request at $141 after sales at the rate. Hotel des Colonies have been placed at Tl. 1o. In their report for the yearended 318: December, 1904, the directors of the Humphreys Estate and Fin. 300,000.00, ance Company, Limited, state that the pet pro Ats for that period amount to $135,757-48. After 434,011.00

deducting remuneration to Lirectors and the 365,816.80 1,076,585.24 general managers, there remains, including

$9,177,04 brought forward from last account, a; $5,193,914-70 divisible balance of $131,338.78 out of which it is proposed to pay a dividend of go cents per share on the fully paid up shares,” and 21) cents per share on the '52 paid shares (absorb ing $119,400,75) and to carry forward $11,958.03., THE. Splendid Steamer

"MERIONETHSHIRE," Captain C. H. Burch, having arrived from the above ports, Consignees of Cargo are hereby informed that their Goods are being landed at their risk into the Godowns of the Hongkong and Kowloon Wharf and Godown Company, Limited, at Kowloon and stored at Consignees' risk and expense..

of $50 each, fully paid up, ...$3,500,000.00 Admiralty toan, 10,000, 00 Les's Repayments, 15,405.18.7

@ 13, 78, 1/16-£ 4.594. 1.5 Marine insurance account, ... Sundry creditors,image Balance of proй:

brought forward

from last account, $505.471.73 'Profit, ........................... 370,159.03

·REVENUE AÇCOUNT.

shares are quoted at $12.10 ex. dividend..

Cotton Mills-Hongkong Cottons bave found. 57,840 to 33,500.co buyers at $13 Quotations for the Northem 1,736,043.84 | Mills srp practically unchanged.

Cigar Companies-Sumatras continue in demand at Tls. 677

* Miscellaneous-Green Island Cements have 875,630,76 changed bands and more shares can be placed at $28 Electrics (old) have been done and $5,193,014.70 are still wanted at $15; the new shares have buyers at Sop. The report and statement of

To Interest,........................ 47,82478 accounts of the Shanghai Pulp and Paper

19.05 Company: Limited, for the year ended

3tat

"Fire insurance, jota 3.179.95 December, 1904, have been published: Inclu.

Crown rent, polimpices]}|}2~\)

#

Office expenses, shlarios, sta

tionery and rent of head office,

» Drawing office expenses and

salaries, minist

́alve of the balance of Tis. 2,268.56 brought 37,363.97

forward from last year, the profit and loss acr 15,175,86 | count shows a credit balance of Tis, 93,560.03.

No Claims will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the 16th instant will be sub. Jest to rent

to be left in the Godowns, where they will be All broken, chafed and damaged Goods are examined on the 16th instant, at 3,30 PM. No Fire Insurance has been effected. Bills of Lading will be countersigned by

SHEWAN, TOMES & Co., Agents, Hongkong, 10th February, 1905. [37

EXCURSION TO MACAO.

*

"YING. KING," Captain Page, will make an EXCURSION

TRIP TO MACAO, on EVERY SUNDAY, leaving the Company's 'wharf at the end of Wing Lok Street, at 8.30 AM, and returning from Macao at 7.30 P.M.

The Steamer will lay alongside the S.S. Perseverance's wharf at Macao,

FARE!

Class Single Ticket $2.00, with Cabin $3.00

Return $3,09%.

85.00 Tiffin and Diaper may be had on Board at $1 each meal,

YUK ON & CO., Lots S. A. NORONHA Macao Agent

Hongkong, and September, 1904,

ex Factory, SHEWAN, TOMES & Co., Genel Managers,

Hongkong, and September, 1904

THE POPULAR

SCOTCH

IS S

"BLACK&WHITE"

JAMES BUCHANAN & 00,

MOOTCH WHISKY DISTILLERE By Appointment to EM. THE KING.

HRH the PRINCE OF WALES

[50

Supplied at all the LEADING CLUBS and HOTELS, and to be phtained from the principal Store#},

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