268
VICEROY SHUMA
THE CANTON' DJARD OF "COM MKHCB.
"AND TH
From Out Corespondent."]
Cantbo, Tath September, The Canton Board of Commerce has issued circular with a view of taking steps to memorialize the throne to retain H.E. Shum Chaubten in the viceroyship of the Two Kwang The circular, which is in Chinese, is to the following effect
Notico is hereby given that a meeting of the community will be held at the Canto › General Chamber of Commerce, Man Koog Street, at
©©©THE HONGKONG TELEGRAPH SATURUAN S'PTEMBER
Notice is hereby given that our Guild made | GRUENDAE SUPERSTITION!
loan to the tm of Chai Lodhg, proserved. Kipper manufacturers. Last year, we called upun ons' of the partners of the firn, Wong Ki Sain to repay the loan. He promised to do so to the extent of his share, in the partner ship.lio brought with him to aur guild one Cha
Su Chan, master of the Chu Kwong Cheung firm, Perak merchants, who consented to guarantes wring's promissory note to the extent of 170,050 This he has failed to make good, and moreover succeeded in the case before the Nam Hai Magistrate 12 defer, pay. meut of the money due, "It is evident that were his example to be followed by every trader, it would be impossible for the Bankers to collect isto notify all bankers that any one found having monies which they might have advanced. This dealings with the following firm shall be hoycotted, viz: the Kwong Cheung in Sai Kwan, Kwong Lun Kwong Xuan, Hung Tại in Chan Mok Lan, Chu Kwong Lan in Siu Ki Street, all Perak merchants, and Che Kwong Lang native tobacco merchant, Bills bought
the firms above eunmerated must be made
noon, on the 25th day of the 7th mons (13th September) to consider the best measures to take to ret in the present Viceroy in the Twn Kwang, as he has been officially notified of his promotion to the Viceroyalty of 'Yunnan..and: Kwai Chow, During H.E. Shum's term of office robberies, pircies and missionary troubles have been decreasing daily, At the same time, education is pushing ahead very rapidly wbichar sold by members of the guild from ar to shows that H.E. Shum mat have done a lot of good to or feltow countrymen. Should .. Shum bn transferred from one provinces he will be greatly missed by the people. As it is 10 very difficult to have a good ufficial it should be our endeavour to prevent his going elsewhere, if possible. It is therefore requested that the members of the Boards of Education and Commerce and the heads of charitable societies should join in a single p uition to H. M. the Emperor with a view that H.E. Shum inay continue to remain in Canton.
PEUTIONS TO THE THRONE,
CONTINUANCE IN CANTON URGED,
Canlan, 14th September.
A moeting of the Chinese Community was held at the General Chamber of Commerce, Ann Fong treet, at noon yesterday. Mr. Lo Kwai Wai presided. The meeting was very sparsely attended, those present being prin cipaly members of the Charitable Societies. Only a single scholar of a small school repre sented the Board of Education. Mr. Chang To Chai, president of the Yuet-han Railway, attended on behalf of the Board of Commerce. The Chairman rend three draft petitions, 'ane being submitted by the Board of Edwestern, the second by the Board of Commene, and the third by the committee of the Charitable institutions One of the petitions reads:--
To the Board of Foreign Affairs, Since H. E. Viceroy Shum Chum Hseun took up his appointment as Viceroy of the Two Kwang, 'robberies, piracies, missionary troubles and other criminal offences have been decreasing very rapidly. At the same time, educatorial and other improvenients, such as the inaugura tion of waterworks and of a system of land police are pushing ahend very vigorously, le sides, matters connected the railways which are progressing satisfactorily may be completely overthrown. It is by the moral influence and power exercisable by His Excellency that has enabled the funds for the Canton Hunkow Railway to be so readily subscribed. Should HE. be transferred to his new post all of a sudden, things may change hom their satis lactory position to ans of chaos, and it is the sincere wish of the Twe Kwang people that the departure of His Excellency Tram Canton be postponed for some time. Your Petitioners will ever pray, &c.
Signed by the 72 Guilds of Canton,
(Board of Trade);
THE RAILWAY COMPANY'S MEMORIAL. The memorial of the Yuet-Han Railway Cu. to the Board of Trade is in the following effect:
H.E. the Ministers of the Board of Trade are hereby respectfully informed that as our present Viceroy Shum is about to be trans ferred to his new poil as Viceroy fur Yunnan and Kwaichow, the Company not fearing that they would act against the Imperial wish, have the honour to tele graph you to memorialize the Throne that, as the first call on the shares of the company has since been duly received, and that there are two more crils to be made at an early date, therefore they apprehend that should Viceroy Shum be pravicted to his new appointment trouble might be caused by reason of the diffi- culty to get in the future calls. The company feel anxiety that should any bad feeling or of such be created among the share. holders delay in the progress of the work of construction must inevitably follow,
rumours
Moreover, piracies, daring robberies, and missionary troubles are decreasing dasly. Edu- cation is promoted and a police force has been organised and has since been improved const derably. We therefore pray that H.E. Shum may continue to remain in office for same time longer in Canton,
(Sd) The Mercantile Administration of, the Canton-Hankow Railway Co., Ld, Kwangtong section.
MU«DERUR'S CONFESSION..
ployed luch language as that 'attributed to me, and I therefore desire-to-record my denial,
The article in the Chugai Shogyo appeared without my having an opportunity of reviewing it before publication, and shortly after its ap the ignorant, classes, in- Japan" n Amo perstition prevails that human flesh possesses
pearance Infi Takia on a business visit to Karalula Had supposed that a newspaper curative properties, and the brain and
would have hastened to make this correction are considered to ba specially, efficacious would have been, an, gravely viewed allowing upon the recent Cass occurring in immediately, but the Memorandum of your the north, and reported in these columns, a
Fagan (near Karuizawa) message to the 771 Board shows that grenier reliance was placed
thin what
generally given to similar, p
1906.
any Immediate Improvement is not looked for, at at the close there are practically to erdan on
Concerning: Saigont:Regular/Knabel mbre Con than suffice for what little cargo there'is boring between Saigon and this porti, rate is unchang ed at about 12 cents per, ploul for small; loteas they pick them up.
ves that h. nia named Baba Katamato at the accuracy of the published tak were the "w`ds "paid as on Jan. 3rd 1955" three steamers, tato.3;5:22 apdaricents, accõida
hit plice attempted, to morder a woman on Sunday night, and to avoid arrest tried to com nit suicide.
Later he confessed to the police it since extracted their hearts, to be used in the treat ast year he had murdered four women, and
meal of consumptives as above stated...
• THE TUKIO IRAM PARES.
MERTING.OF.FROTEST.
Over 1,00 peuple aste mbled on 'gth inst., al good, but from the 12th inst the boycaithe Hongozy Theatre, Tokio, to record their against those firms must become effective protest against the proposed increase in the This boycou should operate likewise in electric car fuel. The promoters of the meet respect of Customs duties, which it had been ing were greeted with vociferous applause, and the practice of the bankers to pay on behalf of when Mr. Mirabuchi, ons of the lenders of the the merchants, such payments being subse anti-increase movement, urged all present 10 sequently debited against their respective carry out their project to the bitter end he was accounts. Should any of the members fail cheered to the echo. to comply with these regulations they will be liable to a fine of $1,00; halt of this amountheing payable to the informant and the other hall being turned over to the funds of the guili. Employees of the guld found to have had dealings with the boycotted firms will be dismissed and never be re-employed by the guild. We must strictly abide by this arrangement, the conditions whereof must be strictly adhered to so that the ends and interests of the guild might be promoted.
!!
THA IMPERIAL MARITIME CUSTOMS.
A manifesto was read and supported strongly censuring the Home Minister for approving the proposed increase in the fares and thus sificing the interests of the two million Ahabitants for the profit of a private company."
10
C. D. NEWS" COMMENTS. Violence as a protest against an alleged in fringement of public rights is never excusable, and whether the socialistic movement in japan is responsible for the recent disturbances in lokio or not, such action on the part of the ppulace as the destruction of trams must be deprecated. Nothing is to be gained for any zond cause by breaches of the pence; every thing may be lost by it. In many Western Countries socialists have learned that determin ed agitation without violence is the logical way The writer of Notes and Comments," in the N.C. D. News of toth instant says —It will be
win desired reforms. If the socialistic move. nated with satisfaction that the China Asso. ment in Japan is to reduced to the welfare of ciation in England has taken up the matter of the working classes then they loo must learn the Cusioms administration and has urgedj úni
this lesson. A boyentt of the - transways; on on the part of the Treaty, Powers to
obunxinus as bis colts are, might be counten; restore the condition of affairs which existenced, but to create disturbances, wreck street before the issue of the Decree appo.oting thei Excellencies Tich Liang and Tang Shao-yi Comptrollers General of Customs. "Enough has been said in these columns in show that there is no longer any foundation for the Chinese contention that the appointment was early a matter of ernal organization. There is considerable difference between the position of the Wauwupo, which did. little wire than countersign, or act as a Hoard of Advice to Sit Rubert Hart, and the position now taken up by the Juwuchu, which not only issue orders direct to the service, but studionsly ignores in every posable way the existence of the in- Spector tieneral al present the inteiial damage done to the Lernational inter, 51s re- presented by the foreign control of the Cus loms may not be great; but the thin end of the wedge has already been josented by the ex pendure required for the overpaid staff. There is a legiting de lear, on the part of foreigners that, a view of the excessive activity already shown by the Comptrollers-General, they are. not surping Sir Robert Harts place merely to relieve zealous official of work, Apart from the possible effect the new regime may.
may have ay the service of China's loans, any relaxation in the integrity of the management of the Lus- toms is bound to prejudice very seriously foreign trade with China. The China Associa
ion is well advised to urge prevention rather han a policy of laitses faire, which only leads 10 more drastic measures and more strained relations in the end.
On the 11th inst, the following further com. 'ments appear in our Shanghai contemporary
ance Nis
cars and injure the servants of the tramway company, cannot be tolerated. The increase utton fares in Takto will cause considerable hardship to a large section of the community and especially to that class which most largely patronizes the tramways, The reason pot forward for the increase of the fares is that the companies consider that they are not getting an adequate return on their capital. As his been pointed out the amalgamation of the companies should serve to decrease the work expenses and that even without the increase in the fares the profits would be augmemed In these circumstances it would appear tha, the wisest coarse would have been to keep die fares the same as were previously charged util the working of the new company had been tested. From the statement of profits given by the "Japan. Herald it appears that the three companies were paying an average of nver night per cent. under the old tariff and before the amalgamation. With the reduction of expenses arising from amalgamation and the increased income from the higher rate, it is ex pected that they will pay considerably mole ihan two per cent overthe six per cent that co sidered by the Government to be a fair return. It is difficult, therefore, to see why any increase of the, fares is necessary, That the people are determined not to pay the in- creased fares is to be seen from the streng resolution adopted at a mass meeting of ward assemblies held on August 10, when it was decided that the pub! c welfare was being set at defiance and the cuirens of Tokio under-
took to prevent the increase of fares being put into force.
re
It would seen that the people of Japan easily stirred up to violence by orators who are able to persuade them that they are being wronged. The common people, as a body, strongly resent any encroachment on their rights and once having been shown that their rights have been, or are likely to be, brushed aside, they are, infortunately, prone to create
disturbances. The Peace riots of September last year were the result of the refusal of the police to allow Hibiya Park to be used for a praceful meeting. The society which cailed the meeting conside ed that the refusal was a gross breach of privilege and when the general protest was disregarded, the people tried to force their way into the Park, with the result that ultimately over a hundret people were kilted and four hundred injured.
Foreigners who were in Tulio in September last year will remember the determined attitude of the people and the terrible scene which took place outside the railings of the park. 11 is to be hoped that the leaders of the people on the present occasion will be able to restrain them, and that the matter of the tramway fates may be amicably settled.
SHIPPING COMPETITION,
is satisfactory to note that the British Press is pot minded tu sit down quietly under the rebuff administered by the Chinese Govern ment to foreign prestige generally and to Great Britain's status in the Far East especially by the argon of the new. Comptroliers-General of Customs. Yesterday, The Times published a strong article on the subject and did not besitate to demand that the Edict of May 9 shuld be revoked or "superserted. Here in China we can heartsly welcome this strenuous support of the cause we hate so much at heart fhere is little room for doubt that the Home Guveniment is alive to the situation, and it 45 probable that the vigurous
Memorandumt the China Association, backed by the unani mous voice of the Imperial i rev, will provide the Cabinet with the momentum they seem to lack of themselves which is necessary to in.. augurate a more determined policy in the rai ta. From the Diplomatic correspondence on the subject of the Imperial Maritime Cus toms it will be seen that in our Peking Legation THE CANTON BANKERS' CASE,
at least no doubt was entertained regarding the seriousnesss of the Edict. In enclosure From latest news from, our Canson cor No. 9, Mr., Carnegie receives from in e Chting the assurance that the appomiment of respondent, it would appear that the Canton Baakers' case has reached somewhat of a dead-the Comptrollers-Ceneral does not inake any lock. The facts of the case, it appears, are change in the Loan Agreement." That assur that the Bank leat the Chai Loong firm,
being broken afresh every day by the prominent dealers in preserved ginger, the sum
Comptrollers-General. There is no question of $100,000, through their than managing
of dragooning the Chinese Government into partner, Tung Yok Choen. Now, Tung died making concession or adopting a new policy- inst year, and the Bakers, as son as they
gainst their will. We demind only the duc beard of his death, seized alt Tung's properly
of promises and Treaty oblations issued by the Yokohama Foreign Board of observance Great Britain and the British public remain them, by Tung, or his firm. it was generally well disposed towards China and anxious trade, dated June 29th, the Yokohama papers considered that that closed the matter, but promote her political and material welfan, but publish the subjined correspondence. The Gr1 letter, dated Tokio, August-28th, is d. further developments have arisen by reason of
no Western nation can tolerale the part of the action of the Bankers in proceeding ag vinst
the Chinese Government a subile policy of digased to the Chairman of the Yokohama Foreign Board of Trade by Mr. S. Iwanaga, Mr. Wong Ki Sim, a g ntleman of means slights and pinpricks calculated to impair the
It is us residing in Hongkong, and a part-proprietor, prestige of her subjects throughout the Chinese Managing Director of the N.Y.K.
follows:- mpire.. to the extent of a one-sixth share. in the Chai Loong Mr. Wong, it appears, 10 save the worry and annoyance of litigation in the Chinese Courts, paid into Court ope sixth share of the $100,000 loan, and interest due thereon, and was quite willing that the money should be paid either to the Bankers, or if not found due to them, to any charitable association, or to the Educational the mandarin saw fit. The latter Bureau, 28 however, preferred to retain the money for the public use, and non-suited the B nkers, at the same time demanding the delivery up in hitu, of Tong Yuk Chuen's promissory note, still held by the Bankers. The latter, refusing or neglecting to surrender the promissory note mentioned, were placed in custody, where they are now held, and so this case stands present..
to re-imburse themselvas for the debt due to
241
BOYCOTT OF PERAK MERCHANTS,
OUTCOME OF THE CHAÍ LOONG GINGER
Long FIRM CASE.
THE NEW CHIRANG CUSTOMS,
POSITION OF THE NIPPON VUSEN KAISHA.
With reference to the recent Memorandum
Anmer
loan. The writing on the cheque and chun terfuil was Bei Robertsgn't.... The endorsements were Hond Chan, who waCashier and collecthe market, for of Hogan & Co. Under this aame were the tetters K. P. The letters KP, were a Chetty's writing. Respecting the cheque to Howarth Erskine, le produced the paid cheque. The
Die Toad It was dated Jan 3rd-1925... On the counterfoil Actual charter there have beediarly in con writing in the body of it was Mr. Robertion's werethe letters andfigures" H. F: $1,005: The section with Philippines, businents i Front the cheque was dit by the Bank Dec. ii, 194, Cinnufries that theta chiaver beeni docilly This was the date the Bank cash it in red chanters have resulted as fardas incknors:bl This meant the cheque was post dated. In the ing to size, cum sunt grind us Cavist 09ad past, book 10 1991 the paying in to the Easikram Bangkok to Hongkong the trade hat of $3,000 in Decambit was shown. Jan. 3+
no rooms, loc outsi lers at present, angini 11 zi
known to have been, arranged some time to The balance la the piss book on Jan. 1st Stores for dry, and wet tugi have become
in Dec. 31st 194 was the entry in air at 28 cool or thereabouts, but latest telegraphic Loan Account | information is, thut tonnage de supplied laud Robertson's handwriting, $ooo credit reptit ou Jan. 3rd 1955." In the that no offers are abiainablenia boat might 19 iary on Jan. 3rd was the entry "Lean have a loading, of all dry asgatafen mupthiers Account 33,000 repaid and in brackets the thach Gelow last paid freights let hi, bur Chinese stuppers, though only at very word " 'cheque."
Business from the river, still continues deada done locally of the China Navigation Coas
From Newchwang for Canton, the charter Liang Chow is mentioned, as low as 16 conts, usual pari cargo; same Co. has also fixed Ko Shing and Kweiyang at Shanghal in the like direction, at probably the sams rate:
1915 was $3,736-45. In the diary for 1924
"
ther maller discusied at considerable length by the Memorandum seems to have been based on a misappreliension. The authors was the entry, for the $1,000 paid out. Java to this it much quietsel Some fonde des tuoimpression that i cainted for the Nippon the Memorandumappear to have laboured on- Yusen Kaisha, a monopoly of the maritime carry rug trade between Yokohama and Shanghai, and that denied the right of any other company to chinpa a on that line. I cannot find that even that the words ascribed to me by my interviewer warrant such a construction, and I bag most emphatically to disavow any asseruon of such a strange doctrine. It is my opinion and I sought to convey that opinion clearly 'to' my interviewer, that the N.V.K, having pain heavily for the position previously held by a foreign company or that line, and having through a long series of year's built up a business ni considerable importance and value, should now struggle with its utmost energy to retain, in the face of all competition, the ad vantages it has won in a similar way as foreign lines have done in other poris where they have established themselves..
The high seas are open to all, and I can- fidently affirm on behalf of the Nippon Yuseu Kaistin, that it claims for itself no sight of com- petition which it does ant frankly concede to others, and it seeks no advantages which it cannot earn. in friendly and straightforward rivalry,
May I ask you to accept these assurances yourself and convey them to the members of your board in the hope that the same publicity may
be accorded the direct expression of my views as that given to the Memorandum above referred 10?
In reply, Mr. Charles V. Sale, Chairman of the Yokohama Foreign Board of Arade, ad dressed a communication in the following terms to Mr. Iwanaga; -
I am in receipt of your favour dated the 28th August, in reference to the Memorandum by the Yokohama Foreign Board of Trade on the subject of Shipping Competition. In expi.na. lion of our action, I refer to the Chugal Shayyo Shimpo of the 13th June, where the series of articles commences with the words:-
"Competition on the four principal Steain ship lines.
Spoken by Iwanaga Shnichi, Managing Director of the Nippon Yusen Kaisha."
In addition this direct statement; the whole series of articles is very complete and ninute in its details regarding the business of the Nippon Yasen Kusha, their plans, pro. specs, and policy. These circumstances, to- gather with the fact that a discussion of your remarks in the tocal Press eriched no denial from yourself or the ompany, certainly seem ed sufficient to justify this. Board in regarding the views as those of your directorate, and i may add that the national importance of your Company gives great weight to any statements 50 apparently authoritative as those in ques tino. If, however, the interview had been less circumstantial in its particulars and inore in formal in its manner, the remarks would not have received such serious consideration.
The Committee of the Yokohama Foreign Board of Trade have much pleasure in acceding to your request that copies of its correspond ence will be given the same publicity as in the case of the original Memorandum,
SINGAPORE COMMERCIAL,
·SENSATION,
THE HOGAN CASE,
The following report is from the Singapore Free Press of 6th insi.
Yesterday afternoon Mr. Sproule continued the examination-in-chief of Mr. O. F. Odell, liquidator of Hogan & Ch.
Messrs. Battenberg and Elliott were again present on behalf of the defendants.
Mr. Odell said that on page 149 of the Led- ger for 1904-5 the account "unfinished work? showed a Balance of $23,800,16., 1 his includ ed $6,500 for the Batu Gajah Tin Co. at the end of June 1995 the whole of their sum was written off and any amounts then standing for unfinished work were brought into account pn Jau. 1, $73,800 16 the tatal of sche dule "was written off. A new sum of $6,800 was carried forward as balance of un- finished work. In the balance sheet for Dec.
ΤΟ load timber from Singapore to Shanghai a local boat has been secured at a low rate.
Coal freights:-Coul freights from japanima wanker, with several boats offering for prompt. Moji to Hongkong and no lakers. The rate has fallen to $.20 nominal. At this figure there are at the moment offers on the market
By Mr. Battenberg: lle was requested to by Down Witness next referred to Father
Ilogan
Co's affairs in July 1905 Couvrent Mr. Down said he was dissatisfied with the state of nairs of Hogan & Co, and wanted an independent opinion. Mr. Down did not mention that he wishe i ro prasecure Hogan: Mr. Smellie joined the firm on the departure, of Mr. Robertson. Mr Smeile, he thought, was present at the meeting on July 8, but be was not quite sure of this. Mr Smellis gave him no assistance whatever in the investigation He sent in a written report to his firm, but did not remember stating that Mr. Smellie bad baen of great assistance to him. He had audited the Tanjong Pagar accounts jointly with Der rick and Co. Previous, to this he had had a gooding at 51.40 per ton. deal of experience in auditing the accounts of engineer firms. Regard ng the marking of the banks with one tick he had never seen auditors use this. There might be fancy methods" though. He knew who and ted the heaks. He had not inquired what the marks meant.' He ¦ could not say how long he had taken to make his investigation. (Counsel: You must tell me. You won't be allowed to romp home with any prosecution you like Witness, proceeded to give details of how long he had been over the wonk.
1
At this stage Mr. Battenberg asked that the case be postponed as he wished to go into the banks,
THE SAGOVIA" DISABLED.
for second half of the month loading. Moji to
watow bal had another charter since last writ-
Hangay has bad business at 51. o per ton to Hongkong and St.as per ton to Swatow. A boat of Indo China Steam Navigation Company was fixed for Shanghai at $1.15, and for same voyage a chatler has been arranged in Shang- lisi of French s.s. Swix. Her rate has not been reported here."
On monthly terms, German as. Quarta, a light draft boat of about 1,500 tons deadweight, has found employment' on a regular liners' run for a 3 months' term, October delivery, rate only $4,105. The steamer supplies a long- kong Government passenger certificate under
-the terms of her charter.
Concerning aaïlers, there is nothing new to dvise exept that all the tree vessels reported chartered for loading her for Baltimore ar New York have arrived since last wriling, and will he ready shortly to take up their engagements. The Hamburg American liner Segovia, re-
Sait tonnage loading or to load: For Bal- ports the Singapore Fra Press, of 8th inst., is timore or New York Amer. ship . F. Chap- lying at anchor off Pedro Branca Rocks, near | min, 2,0rd tons, arrived atth August, Amer.. the Hersburg light, end-ely d sabled.
ship S. P. Hitchcock, 2,086 toes, arrived 1st Captain Scott, ofthe British steamer 1mherat,eptember. Brit, bark, Eclipse, 2,969 ions, arrived here late yesterday evening with the arrived. Ist September, Chief Officer of the Segovia aboard. When the mherst was passing the lighthos ise he was signalled "stand by and then the chief officer and two passengers from the Segovia came on board. The farmer reported that his vessel, while on her way to Hongkong from Singapore, broke down when 11 miles out, and he wished to be brought back to Singapore to report the accident to the agents, Messrs. Behn Meer and Co., and obtain assistance, as the break- down was a bad one, Capt. Scott of course brought his unexpected passengers on to Singapore.
The Segovia is a German vessel of 3.796 tons on arrived here on Wednesday from Hamburg, leaving
on Thursday evening for China.
li is understand, that the break in in one of the shaft tunnels, which is somewhat serious, and the vessel will probably have to go into dock. A Tanjong Pagar tug was sent out to
her.
COMMERCIAL.
WEEKLY SHARE REPORT..
Reviewing the share business for the week, Messrs. E. S. Kadoorie & Co. write on the 14th inst. Business continues restricted and but lile has been done during the past week, while rates have undergone nu material chin,o
kong and Shanghai Banks has taken place, us Banks -A further depreciation in Hong-
doubt due to the steady rise in exchange. Shares are obtainable at $80. The London
qutation is unchanged. Nationals continue steady and are negotiable at $47.
|
Sail tonnage Disengaged -None. Departures of sailéra :-Amer, bark Alta for Port Townsend, 20th August.
*
TO-DAY'S EXCHANGE,
4 months' might seemZARE Faurcé-Bapl; 7,1', Antra-Bank 1, 1. Grunny-Bank T.T. india f. ..................
Selling,
andamask P.T. T *. 10. 170.
...2 2 5/16
.2 21
11/in
4.76
.2.74
163
:64# prem.
107
132
{ping.
..1/2
Do.. doma. hanghai-Kaak vil, salo Singapore TVT, mee Epáñ'¬¡âúk 'TT javamBank Ey
a mehe migla 1./C.........
5 months' sight LA............... .2/31/16
jo days" signɩ San Francisco & New York 4.54
incnths ag
do.
« days' night Sydney and Melbasına i.............
months sight France......2.804
nouths' sight 11 Imouths sight fiermany.....................
ink of Rogland rare Sweenign.
...281
31 7/16 4% .. 9.10
LOCAL AND GENERAL.
THE new U., Consul-General. for Canton, Mr.
Bergholtz, arrived at the Southern, capital
on Tuesday.
Marine Insurances-Unioos have ruled very quiet at $785, there being sellers at this
It is reported that Viceroy Shumā has ordered ran." In Cantons sales are rep red at the
the construction of a carriage road from the reduced rate of $120. North Chinas are easier East Gate of Canlan three iniler to Intong. and can be had at T19. 87 Vangiszes are without business and unchanged.
Fire Insurances-Hongkong Fires were 31, 1904, the item plant $78,709.04 included inquired for during the early part of the week $17,000 Value of unfinished work, $23,800,16, at $1271, but towards the close a slightly included the $6,800.16, Invested loan was easier feeling prevails and sel'era predominate $15,432,89. This was made up from the ledger.at this price. China Fires are quoted at f93. 'The first tiem was the Perseverance Estate ac-
Shipping.-Sales have been effected of Hongkong Canton and Macao Steamboats at $28, at which price there are further buyers. oth Douglases and Chini and Mani'as are unaltered." Indo-Chinas were reported to have changed hands $74. The Shanghai quota- tion is Tis. 54 Shell Transports are wanted at 278. 64.
Refineries --China Sugars have receded, but are in d mand at ŝiķi. Luzons' are pro- curable at Ezz, in the North Perak Sugars were sold at 1 Is 85.
Mining Chinese Engicerings continue quite at Tis. 1o. Raubs have been done st advancing rates up to 18 and 1 the close they are offering at 583.
Docks, Wharves and Godowns ---Hongkong Whampoa Docks after sales at $35 have declined to $133, Shanghai Docks have ruled very firm throughout the week with buyers and no sellers at Tis, & cach Business has also been done forward at a point or so above this quotation. Kowloon Wharves were purchased at 5.0 and are now quoted at $103. Hong- kew Wharves, were placed at Th: 240 ex dividend.
count, being tey invested in the estate by Hogan & Co.-5,719.43. On page 193 of the ledger the Batu Gajah Tin Co. shares had been put as bought by Hogan & Co.-$1,000. Patented machinery was $12,502. The total made $73,23945. On page 210 there was an account for employees loan. This was entered as $20,000. The total investments caine to $43.295.45. From this under joan account S+7.526.54 was deducted. This gave the amount on the balance sheet $25,432.89. "Employees loans" meant $10,000 worth of shares had been given the employees. The employees were debied for this in the books, The item cash barrowed should have appeared in the credit side of the book. This had beca deducted from both sides of the ledger but it was roughly stated. In the journal and ledger $13,500 was put down as the value of patented My attention has been drawn to the public. machinery. Tae sum of $3,250 was put down ation in the foreign Press of Yokohamna of a- in the trade account and was in turn transferred Memorandom adopted last June, and addressed in the balance of "Profit and loss account,” by the Board to the Chambers of Commerce this was, S123,283.64. In the published ba with whom the Board is in correspondence, 'ance sheet the total to the credit of Profit and I learn that, being interviewed by a mamber Los account was $123,818.09. The difference of the Chugal Shory? Shimpo's staff, I am between the two as $471 55, which is na item A dispatch from Newelwane to the tir | supposed to have said that it is the duty and
of stock written back in the ledger. The "gen cral charges" was money cap-aded in pro- gives further particulars of the Consular the object of the Nippon Yusen Kaisha to check
'ducing the patented, machinery and wages meal, addressed to the Ministers at Peking. the arrogance of foreign shipowners eastward
The message reads:-"Acting upon repre
of the Suez Canal, and i further fearn that your spent in making. The $52,50 weat under the sentations made by the Foreign Lhamber of accepting this statement of my views as correct, heading of trade profit. The $52.50 was an
Cotton Mills-Ewos after sales at Tis, 77 Commerce at this port, the Consular body has made it one of the themes of the said Mem-anticipated profit. There was no verification are now in demand at Tis, 76, Latest quota agreed to address a memorial to the Diplomatic orandum. I also learn that your Board regards check against these items in the journal, lesions for other Northern Mills are as follows: Corps at Peking on the subject of the Customs this alleged utterance of mine as reflecting the meant an auditor's check. Anticipated profits Inte nationals Tis, 68, Lana Kung Mows Tis. House at Newchwang. The memorin! points views of the Directorate of the Nippan Yosen were reprehensible.
85 and Soey Chees Tls 325. Hongkarg Cot- tons are quoted at $11 ex dividend. 1 aut North Manchuria are admitted duty free,,
out that while goods imported through fairen | Kaitba.
Miscellaneous.-Green Islands have been gends entering through Newchwang are sub
dealt in to some extent at $12. China Borneos ject to Castoins duty. This practice is highly
are slightly easier at Sto A fair inveel detrimental in the trade of the post, and im
ment business has been dore in China madiate measures should be taken to extend
Providents at 19.60 and China Light & Powers the immunity from duty enjoyed at other posts
At Stc. South China Morning Poste have im- to Newchwang."-Japan Chronicle,
proved to $22 and Watsons were booked at $13. We have nothing else to report under this
TH: CONSULAR MEMORIAL.
Lands, Hotels and Buildings Hongkong Lands continue dull and without business at $tro Kowloon Lands and West Points are procurable at quotations. Hongkong Hotels are in request at $115.
The patented machines had never been sold. May I be permitted to say, in the first place, "This was a most important paint," said wit that when I granted an interview to the journal ness, and he wanted it recorded." The item in question, I acted entirely in my private $3,73645 was the balance in the Hongkong capacity, so that my expressions are not to be lank on Dec. 31, 1904 the debit side taken as representing in any sense the opinions amongst the receipts was an entry "to loan ac- of my fellow-directors, and, in the second, that count $3,cca" This was also dated Dec. 30, I did not use the language ascribert to me. On page 64 in the same book dated Jan. 4among What I said was : that in view of the support payments was an entry "Paid loan $3,000. During the week dur correspondent at Cati
extended to
sation,
it was the company's duty to other was the last receipt in 1954. The second against the Chinese Balkers at Canton in fa
CH: Beavis, solicitor, Hongkong, from the struggle for an honourable position castaned
payment
in 1995 was an entry "Paid Howarth vour of one of the partners of the well-known Browit Metsis, Wilkinson and Grist, arrived of the Suez Canal, and not silow itself to be Erskine, Ltd., $2,000," In the rough cash book Chal' Loony film of preserved ginger männe | in Sandak-p by 1.5. Børnen on 27th ult, in con- deterred by the strength and organised expe
entry, Joan 'was the
account received $3,000, facturers,” In retaliation for the decision of the nection with the affairs of the wie Captain-China rienca of the foreign companies with which it the produced the paying in slip to the long Nam Hol Magistrate, the Canton bankers of Sandakan, Fung Ming Shan. Mr. Beavis, had to compete.
Long Bank. This was for $1,00. it tallied guild have resolved to boycott all firms thera | who has expressed great admiration for our It would be a matter of much pain to me with the counterfoil of Hogan and Co.'s paying connected with the ringer manufacturers. In pretty little town, is staying with the District did my foreign friends, of whom I have tha in book. He also produced the cheque by pursuance of their solution the circular Officer Mr. Feng Shun Sam also arrived Ly good fortune to possess many, and did the Hogan and Co. paying the $3,000 the, al tragslated below has been issued, the Bormio to'sée about his father's affairs. | foreign public at large imagine, that I had em-counterfoil was marked repayment of $3,000
ton has furnished particulars of a case decided | THE-R. N. H. Herald, of· 1st inst, says:~Mr. | Japanes to the Niphon Yosen Kaisha bỹ the | This was the first payment in 1995, and the heading,
FREIGHT.
MR. P. P. J. Wodehouse has been appointed provisionally and until further notice, to act as Police Magistrate in the islands of the New Territories.
THE Mitsui Bussan Kaisha has a scheme on foot for the establishment of a large paper mill in Kaga, to be worked by the water power of the Tetarigawa.
THERE were eight opium offenders tried by Mr. H. II. J. Gampertz, at the Police Court, this moming, and the total fines imposed amounted to $589.57.
Tup late manager of the Russo-Chinese Bank at Hongkong, Mr..J. W. Ross-Taylor; has been appointed general manager of the Anglo-Japan-. cie Baak in Japan.
His Excellency the Governor has been pleased tu oppsint Mr. F. W. W. Valpy to be assistant engineer op.she Kowloon Canton Railway Con- structions, British section,
MR. J. R. Wood has been appointed a deputy registrar of marringes, during the absence on vacation leave of Mr. J. D. Bll, or until further notice, with effect from the 1st instant,
THE following telegram was received at the Colonial Secretary's Office from H.B. M. Consul at Chefoo to Saturday:-Hongkong released from quarantine from 4th September."
MR. W. J. Tu cher has been appointed to lac as superintendent, Botanical and Forestry De- partment, during the absence on vacation leave of Mr.T. Duan, with effect from the 5th instant.
ADVICES frain Manila which have reached us through the U. S. Consulate-General state that the typhoon which was reported in Luzon is now travelling northward through the Baling. tang Channel
The Chinesa Engineering and Mining Com- pany's total output of the Company's three mines for the week ending September 1st amounted to 18,957.66 tons, while the sales during the same period amounted to 18,359.81
1001....
In their fortnightly circular, dated 8th inst., A NEW steamer, the Shige-maru, about Boo Messrs. Lamke and Rogge write:-The freight toat, which is being built at the Qaka Iron ma ket all through the fortnight, has been Works Yard, to the order of the Osaka Shosen ruling exceedingly quiet. In no particular Keisha, was successfully launched co is fust, direction has there been inquiry on more than The steamer, is a sister-ship to the foy » the smallest scale. The amount of business marw pad is to be put on the Kagoshima de resulted has in consequence been small, and Koreau run