ELEGR
Renter's
The Balvation
The Freedom of the Ci
O General Boothyesterday at the
THE HONGKONG TELEGRAPH MONDAY OCTOBER 30, 2005.
kes accrtling from th 19
g?with his future.sub
ion of the British people ja bring conditions and probleme,
Ibis à fortunate circumstance that Lord Carson,
to whose knowledge and insight into Endian whose courage, and untiring
the veterans
(would have to find bat, he said,
cost) a tenant of these docks who
for, bla \coal for, then working of his ppy:Val; machines, and boilers. Apart from the claim?
vilded) for 10050 tons which did not belong to them? pecially for the Coy, claimed that they could go on working
there'ɗocks for coal. 11
cks and machine shops without paying
the Naval Yard: whether the
There was a groát procession of salvationiste::devmian, in carrying out the important change Civil Service eleven enjoyed it was'not know w doing Aally i obvious that nobody else, was
made theft of late years is due, should be able Russia
to welcome the vision "before, leaving (the
“The veteribs, many of whom have already distinguished a played a fairly good innings in life, soon show The Council of Ministers has definitely de-Age on which he played to dis cided in favour of the formation of a Cabinet, Other newspapers make comment in a similar cricket, will the result that the evergreens ed that they could also play a good game of
the Premier to be entled to proposa Min.
PRINCE'S MESSAGE TO LORD MAYOR scored a vary smart victory by gỗ runa, A., -
:
amand shanghai-Baak T, Singapore fapan-Bank Java—Bank T-Tunai
· 10
months sight L/C.
mantha' sight L/C,
isterial appointments, except those, for wars The Prince of Wales, replying to a com- For the veterans, Bayley played.x÷very; tp Average of five years 51,278,900. From that at night San Francisco & Naw York,
foreign or the navy departments,
The State of the Country,
Laler. Martial law Kas been proclaimed in Khar koff, but generally speaking the strike move incht is making headway without disturb
ances
Freal provisions in St. Petersburg are at exorbitant prices, and the garrison is on short rations..
General Trepoff, commanding the troops in St. Petersburg, has given a stern warning that he will nip any disturbance in the bud, and he has ordered the troops and police to unhesitatingly suppress any outbreak with ball-cartridge.
The lawyers have decided to strike'until a constitutional assembly has been summoned.
It is stated that, 50,000 professionals are involved, and the effect, if the strike lasts, will be most disastrous. "The chemists and the doctors are also striking.
Taar Ready to Leave. And
28th October.
It is reported that, "owing to the gravity of the situation, steam is kept up in the Tsar's yacht, in readiness to convey the Imperial family to Denmark if necessary, American and Japanese Shipping in the Proiflo.
Mr. Harriman, chairman of the Union Pacific Railway, New York, predicts that Japanese shipping will soon appear in the Pacific to such an extent that the United States will be compelled to chose between co-operation and competition.
[N. C. D. Niwa.], ·
munication from the Lord Mayor of London, Convexing good wishes of that officist on the occasion of their Royal Highnesses' visit to fndin, rays that he earnestly trusts that the British Empire will derive some such lasting henghts from hir journey as resulted from the memorable visit of the King (then Prince of Wales) to India, thirty years ave
The Prince and Princess of Wales have arrived at Genga en soute for India, Panja
W
Conciliation in Russia, The Timer St. Petersburg correspondent 'says that Count Witis, is holding informal con. ferences with influential Russian Feformers.
" He assured them that it was whe. Czar's' greatest desire to become a constitutional sovereign
His deal was King ↑ Edward." The. Czár hesitated to grant constitutional Government solely because he was not convinced that the Russian nation desired it, it
to-date innings of 61 and Ruse took. 7 wickets for #7 ruas
The good points about the batting of the Civil Service was lost to view in the mist which is sometimes associated with cricket at Happy Valley, at least hope of the spectators saw
Score:-Naval Yard Veterans 143; Civil Ser vice "A" Team 45—Contributed,
TANJONG PAGAR DOCK "ARBITRATION.
The Straits Teings of art instays A rumour, that fairly took away one's breath ground just before the Arbitration Court rose for tiffin to-day, to the effect that there will have to be a fresh trial in London, This will be the case if the Arbiirstors dis- agree and Sir Michael does not hear the evi Negotiations with Prince Charles of Dendence. At present, Sir Michael is extremely mark are proceeding.
The "orwegian Crown has not yet been for weak and unable to attend the trial. mally offered to him.
He will hold a private confernce to-night with the Norwegian Government and the Starthing,
Norway,
"ndian Army. Adminstration.
London, 21st October.
cain, referring to the Cornn-Kitchener con
ord George Hamilton, speaking, at Link troversy, expressed his misgivings as to the practicability of a scheme arranged at home being forced on the lodían Government,
|
** Mr. Ellie-The Government in dolar it now, Mr. Balfour Browne said that Government
profis on the general undertaking, according would see that people who stored coal there would get the equivalent, back The adjustnd
in Mr. Halany's table, he assumsi, were on the
ne deducted 5:0 479 contributory payments, $2,000 bonus to employees, $107,199 coal consumed and not paid for, leaving a balance subject to renewals and replacements of $1,099 2012: "The real amount spent on the docks and wharves was 3176,000, or $93,000 less than what ought to have been spent to keep them in a condition which was essential, }:
ON THE BUILDINGS
*Kight
so days' night Sydney nad Valboudile i
moathe sight Franci months' sight months aghi Germany
Har Silvet
+
tank of bu inat ka Sovereign.........
DRIUM UNITATION
-To-day's quilations are as foliowy
Halwa New
Old... Older
12
"
Üldast
Patna New
Old.......
Lekaret New
they should have spent $37,000 additionally,. end cu plant, machinery and floating crail Ste8 613. That gave a total deduction of $429,107, în be taken from the balance he had given above, $1,099,194,- leaving an adjusted profit derived from the general undertaking of 5670,184; and it was that figure he proposed to substitute for $1,593,130. With regard to the multiplier of 22 years proposed by the Coy no one could-télf how it had benn arrived at To. his mind it was a ridiculous multiplier. Persian (Paper in all such cases they had to con ider what was the security they had got for their income, This income of $670,000 was secured only by trade and not in the same way as with Consols, or with waterworks, which under statutory power could not be competed with Water companies were sold at a higher number of years purchase than gas con- panies, which varled from 281 years down to he though autory company might go lower- thought it had gone as low as 16 3/7. When they got down to a mera trade which was like. ly to be competed for in the same, strest they found 5 per cent, and something below 3 per cent. allowed.
2.533
ROBINSON PIANO.
COMPANY LD.
60 NEW PIANOS
arrived for our
NEW STORE
Per picul Bechstein,
1,100,10
@1,140/1,160
300
Per chest
980
1020
To-day's Advertisements.
LOST.
A BUNCH OF THREE KEYS connected offered for their return to "A. BA
by THREE RINGS A Reward is
Y
Care of This Office
(1064 Hongkong, 30th October, 190
BY ORDER OF THE MORTGAGEE,
PUBLIC AUCTION.
Before the above news was received it was stated in the Court that it was and is still doubt ful whether the speeches of Counsel may not be heard in Singapore. Lord Robert Cecilia- formed the Court this morning that it is generally hoped in Singapore that the "peeches
aiming for a final sitting on Wednesday or will be given here. The Court: however, are Thursday morning, at latest; and in that cass there will scarcely be time for the speechos, Among the exhibits handed in to the Arbitra If the scheme was to remain an integral part tion Court this morning was a water worm in | have la settle with the landlord as to the free. 1. A/ ESSRS, HUGHES and HOUGH have
spirit, the enemy of wharves in these parts, several books of interesting photographs de- scriptive of the action of the worm. A portion of greenheart pile parforated by the worm, wise laid upon the table and some dozen holes were visible, which the worm had drilled through the wood, some of them being nearly an inch in diameter.
of the Government of India, material altera tions must be made.
Affairs in Russia. Reservists and students plundered the
armouries.
A manife in by the Czar, proclaiming peace, refers to the gallantry of the troops in a strug. gle against a brave and mighly enemy.
The Caur prays for the blessing of Provi lence on his Imperial labour, in co-operation with the labours of the people's representa lives, for the prosperity of Russia.
· Middle Park Plate.
London, October atst. The Middle Park Plate was won by Fair, with Admirabli Crichton "second, and Gingo
The Emperor Under Hestraint.
bar Poking, 24th October." Two days after the bomb nuirage, it is re- ported that the Enipress-Dowager ordered the, Emperor into her presence and, before the eunuch Li Lien-yin, inquired if His Majesty had a y ideas about the outrage. The third, peror simply shuddered by way of antwer. Thereupon the Palace Guards entered the room and the Empress Dowager, angrily ad-
GOVERNMENT'S CASE,
premises.
Lord R, Cecil-That is exclusive of the
Mr. Balfour Brown Yes. Of course if he were buying Whiteley's, he would buy it on two or three years' purchase but he would still
hold value of the land. The Coy. had tried by every means to get a monopoly-contrary to their own protestation that their moito was to be
"LIVE AND LET LIVE"
received instructions to sell by PUBLIC AUCTION,
ON.
WEDNESDAY,
Sales Rooms, THE FOLLOWING
A
VALUABLE LEASEHOLD
PROPERTY, 4
viz.c
Steinway,
Winkelmann,
Kraus,
Haake,
AND OTHER FAMOUS AND
WELL TRIED MAKERS ALBO BABY GRANDS,
AT PRICES OF COTTAGES, OCCUPYING SAME SPACE
AND WITH ALL THE:
FINE TONE AND APPEARANCE"
OF A FUEL GRAND.
PRESENT STOCK
OF VERY FINE PIANOS,
ALL GUARANTEED,
All those PIECES or PARCELS of GROUND situate at Victoria, aforesaid, regis tered in the Land Office respectively as THE REMAINING PORTION OF SECTION A REDUCED $100,
OF INLAND LOT No. 505; and THE RE- MAINING PORTION OF INLAND LUT No. 505, together with the Messunges thereon, known as Nos. 54, 56, 18, 60 and 62, Stone Nullah Lane, and Pos. 4. 6, 8, to and 12, Wanchal Road, Area 3.720 square feet or there abouts: Term 999 years.
Sir H. Irving's Funeral." Most impressive scenes characterized the dressing the Emperor, said he had beitr con funeral of Sir Henry Irving at Westminster Waterworks Act of 1937. What they had to their monopoly ? It did not exist." He should For further particulars and conditions of
Abbey.
fine himself to his room in token of respect and repentance. The Palace Guards then. conducted His Majesty to aħajde mom. of the Huangchi Palace, where he remains co fined with four guards at the door. His Majesty'in in a pitiable condition, constantly crying out in
· anger at his p'i, hl..
The Naval Celebrations at Tokio
Tokia, 25th October.
The Civic fire took place this forenoon at Uyeno Pak. Admiral Fogo was dreven in a floral canige.
Admirals Yamamoto and Its were At Heme in the afternoon at the Naval Club, where Admiral Noel toasted the Japanese Navy and Admiral Togo toasted· Adiniral Noel,
H. M. the Emperor proceeds, to the Shiba Palace on the 27th inst, and gives a banquet "to"Admiral-Togo-there.”
The Refractory " Asahi ".
Tokio, 24th October.. The Osaka Asahi has been suspended for the third time
The Return of the British
Squadron.
Tokio, October agth." The British squadron left Yokohama for Yokosuka this forengon. They will call at
· Osaka, Kobe, Kure, Sascho, and Nagasaki.
Togo's Triumph.
Tokio, October agth,' Yokohama's civil welcome to Admiral Toro was tendered this afternoon. The Governor is to give tiles a dinner to-night.
NEWSPAPER IN COURT.
A QUESTI'N OF PURCHASE.
The case in which Tam Man Sam and Tam Yau and Cheung Sam Fong, liquidators of the *Sai Kal Kung Yick Po Co, Ld.," for the re- covery of $1,000 being *500 deposited by the plaintiff with the defendants as part parchase money of the business property of the said Company, contracted to be sold by the de- fendants to the plaintiff, and Stoo for damager for breach of contiact, was resumed before His Honour Mr. A. G. Wise, Pai no Judge, in the Supreme Court this morning.
7
and they had only to some extent succeeded, thergih day of November, 1905, at 3 r.M., at their They first bought a 924 shares out of 1,000 in the Tanjung Rhu Slipway Cuy they found a joint purie agreement with the New Harbour Coy.; they bought up land which was essential Mr. Balour Browne, in opening the case for to their protection, including the little island situate. at Victoria, in the Colony of Hongkong, the Government, on the 23rd in, said he opposite New Haibour on which there was thought the Co.'s clain had been largely ex- once a slipway-all to protect their monopoly aggerated in several particulars. Lord Robert Their "Live and let live" had been forgotten.. Cecil hd complained that the Coy, had not Still there was a laige amount of competition had the advantages which they wou d have had in other places which they could not buy up. under an ordinary arbitration Ja (Mr. Bal- If Government had entered into competition, it faur Browne) failed to see what disadvantage was obvious that rates and dividends of the they were under, The Expropriation (rdi Tanjong Pagar Dock wou'd have been reduc nance was exactly the same, in respect to theed. There was also serious ompetition at property not being now in their hands, as the other places, Colombo, Manila, Fulo Way Act under which the London Water Companies Hongkong and Labuan. There was competition were expropriated. All the principal clauses by two other Companies in Singapore, they were copied word for ward from the London had heard, for repairing ships. Where then was do was to find out the value of this undertak: propose a very smal multiplier indeed. ing. One way was to arrive at the annual | About a year ago in a waterworks case in maintainable income and capitalise that upon which he was engaged be tried hard for a high nfair basis. Lord Robert Cecil seemed to Kimber of years multiplier, but the tribunal. think there was no other possible method of sut upan it and gave him only 16 years' valuation. His evidence had proved that such | purëhate. He should have thought that T. P, was not the case, for the other side had put in Dwas not so well secured as that water com
structural valuation for the ye lock and pany, but his witnesses were going to say that the Tanjong hu Slipway. He objected in 18 years was 'e futi i amber that night in be the principle by which Tanjong Pagar was applied. He had got 5630,184; he multiplied THE Undersigned have received instructions valued on the former hasis and then Prye it by 18, which gave 811,053,312. The average
sell by Dock and the Slipway being added at aprofits of Pryc Dock for the last five years were
PUBLIC AUCTION, $31,711, which, multiplied by Mr. Halsey's suuctural value. Both were
figure, 16 years, gave $507,367. The average earnings of the Slipway during the five years were $1,600, in which the Coy. had an interest to the amount of $4,316; this multiplied by 16 gave $53,216. These brought up the total to $12,623,904. As to the Coy's claim for pros spective enhancement it was
...LOSING CONCERNS.
.
-ABSOLUTELY RIDICULOUS, that while they made the whole value 33-mit- lions they made the value of a thing they had not got 26 millions. In the case of the pro- posed graving dock, for instance, they had not got anything to value at all.
The President They have got the land
on which the works might be made,
Mr. Balfour Browne-They have got land on which 20 times as large works could be made.
The President-But I think so much of the ∙land as might legitimately be required either now or in future for the purposes of the Dock Cay ought to be paid, for on a valuation calculated on profit.
sale, apply to
or lo
Messrs. JOHNSON, STOKES & MASTER,
Solicitors for the Mortgagee,
Mesure, HUGHES AND HOUGH,
Government Auctioneers. Hongkong, 30th October, 1905, [10 PUBLIC AUCTION.
FOR ACCOUNT OF THE CONCERNED,
ол
WEDNESDAY,
the 1st November, 1905, at 2.30.P.M., at their. Sales Rooms, No. 8, Des Voeux Road, corner of Ice House Street, SUNDRY HOUSE HOLD FURNITURE,
~Comprising TEAKWOOD SIDEBOARDS and DIN- NER WAGGONS with BEVELLED GLASS, VERMANTELS, TEAKWOOD EXTEN
SION DINING TABLE and CHA RS
VIENNA CHAIRS. TEAKWOOD WAR: DROBES with BEVELLED GLASS, CAR- PETS, GLASS, CROCKERY and E.-P. WARE, BLACKWOOD WARF, &c, &c., &c.
Catalogues will be issued. TERMS As usual,
HUGHES & HOUGH,
Auctioneers. Rangkong, 30th October, rong. [1063
TO LET
The undertaking should be taken as a whole. In 19:4 the loss on Frye Dock was $15,422 and been put against the profit on Tanjong Pagar, on the Slipway $25,036, and this should have The President asked if he was not prepared Mr. C. B. H, "Heavid, of Mettr. Wilkinson10-make-allowance for the future enhanced and Grist, apprared for the plaintiff, and Mr value of the Prye Dock in connection with the
Railway Co.? H. W. Looker, of vestra. Deacon; Looker, and-
Mr. Blour Browne said they had no The evidence that the Railway Co; wanted it. The Deacon, represented, the defendants, case for the complainant being closed, "Mr. question was what was the value of the income Looker pened the defence by calling
which could be earned and maintained on the -Cheng 8am Pong, 'he second defendant, who whole undertaking? It was not what was earned by the Co. That was the basis of valua said that he was present at the meeting on the tion, but what was earned and what could be and June when plaintiff's bid being declared ac-prodlently divided. He asked the Court to cepted he was minuted as the purchaser. His helieve that what could be prudently divided reason for not completing the contract for sale had been divided. The Directors had no in was because plaintiff refused, to pay the pureren in defrauding the shareholdera in 1911, chase money. He was ready at all times in 1992 and 1993 of the gains that they had complete the contract, but as the plinti legitimately earned, but for some excellent rasson they decided not to divide up to the neglected to complete payment, he entirsed
hill but to put away a considerable ponion of Mr. Balfour. Browne said he was not con to carry on the business as theretofore, and
their gains for reserve and depreciation. i tending that there was no prospective enhance. considered the deposit forfeited.
Cross-examined by Mr. Bavvis, witness said
was obvious that the Cn, had many times ment, but that it was so remote that it would' that plaintiff came to him on the 4th June and difficulty in raising capital the difficulty not put any earnings into the shareholders No. 4, CLIFTON GARDENS, Conduit existed now. They were charging very high pockets. With regard to the ace mulation of said he had brought the money, but witness said he was just going to church and he could rates, and it was obvious that the trade f coal at the wharves, it did not belong to the not receive it then, and plaintiff said he would Singapore would never have allowed these Coy, and he could not conceive how they could rates to continue if they had known that this justify the appropriation of coal which belong return at 6ịp.m.- Witness" said that would not with a view to the annulling of Japan's pro: l'do'g`he must bring. it. at:1.30. p.m. Witrean) Coy, was dividing 50 per cent. If this had ed to other people. -- lectorate, as specified in the Anglo-Japanese waited all the afternoon, but plaintiff did not gone on, whether private enterprise had come Treaty of Alliance Pondrome till op in. Then he said he wanted to in or not, Government would have been bound it now.
The Retirement of Mr. MoLeavy see the accounts and see if everything was to do something, and his learned friend ad correct, and witness asked for the money, but mitted that they could have ruined the Cey, When Mr. Nicholson' in his "report"said that the money then, or on any other, occasion Consulting Committee said these could not be plaintiff talked of other things. He never a cenain works were urgently necessary, the He went to church and left there al 1.30pm. done unless their 13 per cent. dividend was and want to the office. The service began a secured. Ti air claim Amnuated to 75 million Re-examined by Mr. Looker witness said he dollars33 on maintainable income and then remembered plaintiff coming to him when their claim for prospective value. The average witness told him he could not hand over the namings over the last five years amounted to 51.533,110, according to Mr. Halsey's tables, The German Minister (Baron Avon printing and publishing of the papar on pay They entirely dissented from that. The first Mumm) is negotiating with the Walwopu to ment of the 25" % "of the purchase money, engage, German adviser for the new Board but would do so on payment of the whole thing he would do in arriving at an average lol Police: MANE PARK Balance, That conversation took place at a would be to say that the contributory payments
Restlessness in Gorea.
Tokin, October 15th. Corea, it is reported, has deputed twelve foreigners to appeal to the Foreign Powers
Brown P
Toklu, 25th October,
Mr. McLeavy Brown, Chief Commissioner. of Korean Customs, will be replaced by a
·Japanese on the 5th proxinn, E POR PAR Spheres of Influence.
Peking, 25th October
In the matter of the Maritime Customs at Kinochou, it has been stilled that the control
The President--The Government have got
Road.
Apply to-
THE HONGKONG LAND INVEST- MENT & AGENCY CO., LD. Hongkong, 10th October, Fong
FOR SINGAPORE AND CALCUTTA,
“SEGOVIA,"
обл
Mr. Balfour Browne did not think Govers.THE Steamship tent would continue the process of giving back to a customer less coal than they had re
passed to the Government ceived from him. If the coal was theirs it Captain Schönfeldt, will be despatched for 01 part of the above Poris, on SATURDAY, the 4th, going concern and they were entitled November, at Noon. In use it in concluding his address, Counsel
HAMBURG-AMERIKA LINIE, contended that the coolie lines, etc., should
Hongkong Office, flongkong, 30th October, 1905, |- [1059 be treated as part of the undertaking, that they should not have to pay for, the ferro-concrete
NOTICE TO CONSIGNEES. pileswhich had been unsuccessfully experiment ed with, that the compensation of the directors in London should not be on a fife basis, and that
it per cent at the very outside be allowed for
FROM CALCUTTA, PENANG AND
· SINGAPORE,
ubali bo to, shu baade of the Chinese, but swén- tiff had falled to pay
the purchase
money to Ashion that
any member who?
disance, he said, the shareholder had a right ? ne Steamship Br
meeting and was entered in the minutes; another entry was made saying that as plain- directors should endeavour to raise subscrip lions to carry on the business as before
be added to revenue. These were the cost of reinvestment. Under the Or I business to the T. P. D. was allowed within three months to say that instead of
CATHERINE AFCAR" " dolog so. Mr. Waddell had cash they would receive their payment in having arrived from the above Fonts, Consignees ty per cenf of the revenue will revert to the German authorities. An agreement to that
admitted in 1901 he had received $14,000, he Government stock and if they took Govern of Cargo are hereby informed that their Goods "effect will be signed in a day or two, and it is Mr Beavis said the cute came down to having introduced the B. I and, soms oiber ment stock for the whole amount, as most of will be delivered from alongside. ereported that the agreement further stipulates whether those minutes were tras or not and lines of which he was manager to T. P. D. Ho the London companies did, there would be no that the Customs officers shall be German reviewed the terms of the contract for sale of was possessor of only 52 chures, so that he was cost of brokerages
¿The Court adjourned; Cara the paper, and the evidence, adduced by the receiving the 1050 plaintiff,, and said the letters already put in No.
HANDSOME, DIVIDEND,
Prince and Princess
A great crowd.855€
Station," and "bade ab
the Prince and
Lord Lans
¿Bathy
Walon.
October!
showed that the plaintiff was ready, prepared of 165 per cost, in addition to the 48 per cent COMMERCIAL, and anxious to complete the payment of the as an ordinary shareholder. If that was PROF}) purchase money, but the defendants had refit he was sorry to say the Company had bean
fosed to have anything to do with it,ille asked that plaintiff should be given, judgment for reture of the deposit monay and the damages claimed cle
Hin Honour latimated that he did not wish,
doing dishonestly? If it was payment: these gentlemen ware entitled to it, and it should come out of working expenditure...). In foar ther paid the cropean employees, prelus alio shop'd not be added to the revampe.. Company bad an extraordinary OBEN KES chiving con
Cargo impeding the discharge will be landed
I once, at Consiguees' risk, and expense.
**Cargo: remaining on board, after 4 F.M.
of the and Novembar, will be landed at Con
0 To $200
TO END MONTH.
BEST MAKES ONLY.
Tinngkong, 26th October, roosi
Trade
TELEPHONE No.
Mark
“CLUB”
SCOT
TCH
WHISKY.
Beware of Imitations
of
this well-known and
popular
BRAND
ABK FOR
CLUB WHISKY
and see that you get it.
$14.00 per dozen.
signees risk and expense into the hazardous THE BEST and/or extra barandogs Godowns of the Hong
kong and Kowloon Whan and Godown Co.,
TE
ignoes of Cargo from SINGAPORE and
fare requested to take 154) RY of their Goods from alongside, Carro impeding the disch
stored
THE PRICE
H PRICE
CET
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