TELEGRAM.
{Renter's.]
The Straits Currency.
LONDON, 13th November. Mr. Churchill, in the House of Cominona, said that the Governor of the Straits had strongly advised Lord' Elgin not to abandón the fixed rate of exchange, on the ground that businen would be disioented and inde
|
THE HONGKONG TELEGRAPH THURSDAY NOVEMBER
AN KNLIGHïened OFFICIAL
4.
AND HIS DOOD ADVICE,
{From a Corresponda ()
Canton, 14th November
THE SUGAR INDUSTRY IN
FORMOSA.
ENCOURAGING PROSPECTS.
In reference to the sugar industry in For At the reception given some days ago at the
mosa, the Chunka Muintel has an interesting article. Our vernacular contemporary observes Sua Wuj Chamber of Commerce, in honour of H.EW Ting Fay, at which over one thou that there are at present three sugar refining' sandiepresentative officials and merchants were companies is Japan-the Tokio and Osaka present, with Mr. ung Sai Ngam in the chair, Sugar Refining Companies, which have re- some very interesting speeches were made bycently been incorporated, and the Dairi Sugar be chairman and H.E. Wu Ting Fang. In Refining Mill. In addition to there, two new
they had there assembled to honour, was man said th H.E. Wu, their compatriot, whom Nagoya, and the incorporated company is tak- ing steps for the establishment of a branch mill in Nagoya, so that the sugar industry i a Barrister-at-law, having been called to
to look to Java for crude sugar. In view of sta dily increasing. All these companies have
"THE DAIRY FARM COMPANY,
LIMITED.
The report for presentation to shareholders a the tenth ordinary yearly meeting, to be held at Company's Depot, 2 Lower Albert Roar, on Monday, the 19th inst, 'at Itam, is as follows:
The directors herewith prement to the share holden a statement of the Company's accounts for the year ended jist July, 1906.
15,
1906.
H.R. VICEROY SHUM.
STILL AT WHAMPOA
[From a Correspondent.]
Canton, 14th November. H.E. Shum, ex viceroy of the two Kwang, b, still at Whampon, delayed there owing in cert is purtions of the rackingy of the sa Anping having broken down, and having to be put under repairs, The breakdown h
1 very s'ight, however, and the Anping it expected to be de patched to Whampon at an
hampered. The Governor added that the leading baukers and merchants were entirely introducing the guch of the evening the chair companies are being formed in Yokohama and providing for directors' and auditor's feet, early date to embark H.E, Shum for Shanghal
in accord with him, and that the sooner gold was made the legal tender, and preparations made to replace the dollar by one of less
fineness, the better it would be for the community.
Lord Elgin considers that it is impossible -to direct the Governor to suspend actions urgently required to meet a critical condition of affairs, for the purpose of enabling the
'House to discuss it.
latet.
The House of Commons.
morning, after a nineteen-hour silling on the Land Tenure Bill.
Naval Movements. The Atlantic fleet, after hastily provision ing, left Gibraltar last night. It is believed that its destination is Tangier.
the Bar some years ago in London, and
new commer
was the compiler of the cial laws of China: At the present time
the Government bad ender consideration the idea of becoming a consitional govern ment, and the propie themselves were adopt ing very many refocus.
·
sogar
in
this fact, the Government and the Formosan for the mangement of the sugar industry in authorities have been putting forward"efforts Formosa, but with little result, as the quality of crude sugar produced in Formosa has been He, the chairman,found to be inferior in quality, therefore, was going to ask 17, E, Wu to be kind
Lalely sugar cane bas been imported enough to give them the benefit of his great from Jaya and replanted in Formush with experience, and advise them as in their modwi
very satisfactory results, crude viderdi. H.E. Wulken stood up au the platno way inferior to that produced in Java being The House of Commons rose al 9.40 this form, and addressing the company assembled obtained. This has encouraged the formation said: We are people of the Middle Kingdom of many companies in Formosa for the poduc- and therefore we should not allow ourselves totion of crude sugar, with a view to supplying the make use of ex segerated language. We know increasing demand in Japan, to checking the that the Kingdom is poor and weak, because importation of crude sugar, and also to develop the people do not improve their ways, and ing the resources in the new territory. The adopt, more modern methicils, especially information of such companies to Formosa is trading. They don't understand that foreisners carried out under advantageous circumstances, are very shrewd and careful, and look far ahead a substantial subsidies are granted to the into the future, particularly in matters relation industry by the Formeian Government in manufacturing industries. They net ouly accordance with the Sugar industry Encourage consider the question, of home consumption, meat Regulations, in addition to a certain im- A New Shipping Enterprise.
but also of the demands of foreign markets.munity in respect of the tax on sugar. This has Tukin, November 9.
They send their goods manufactured to led the Formnsan Su ar Company to increase American and Hawaian capitalis's have foreign countries, and import in exchange its capital from Y10 to Y5,000,000, and formed a steamship company in trade between the raw
In general business also the formation of the Oriental Sugar Manu. Affair we should Andeavour to follow the facturi Company, the shares of which are on New York, Mexico, Atlantic ports, San, Fian- cisco, Honolulu and Oriental ports on the Paramele of Japan; we must not be idle the market, and of a company projected by cific. They will cominense their services in ut patient and energetic like Western people: Measts, Asada and Ogawa, while the incor though but very few of us can afford to portest sugar refining companies of Osaka January with twelve chartered ships.
abroad to be educated, still we must endeavour and Tokio, and the Daiti Sugar Refining Mill, to indore students lastudy more inodera hooks, have been encouraged to establish branch milte and also, with that and in view, establish more modas schools and colleges. As regards will not only undertake 10 reclaim wasir. in Formass. These new companies and mills
education, the student in Europe is not AL
land and cultivate the sugar cane themselves the student in China. There they do not
but intend to buy up small tugar mills al pre- hope to become officials,, ut desire to
sent carried on by Chinese or foreigners with small capital of Ygoroo in V300,007. Each of the new companies' mills anticipated the production of 20,000 to 130,000 casks of crude
[N., C. D. News
וי
The Remodelling of the Grand Council.
Takin, November 9. The Kokumin considers the re-organisation. of the Great Boar's at Peking and the official
materials.
departments, temporis ng movement which acquire a good general education, to enable
inspires little bone for the introduction of Crne stitutional Government.
The Asahi says there is no hurry for the official re-organization and further reinrms might be made pending the promulgation of A Constitution.
"A DANGEROUS MAN."
COWARDLY ASSAULT AT QỪARRY BAY,
Quarry ay colies are getting in front of the limelight now days. A few daya aga n free-fight in the Shipyard was narrowly avert ed by the timely intervention of an Indian watchman. Yesterday afternoon, however, there was an Indian watchman to act as pesce maker and a fight which occured resulted in The head fireman of the T, ikon So far Refinery being seriously awan ted and stabbed on the head-not seriously with a knife.
The head breng is a flak-ka man, while most of the other soles employed under the firemen are of 'different cians. . On Tuesday afternoon there was low between the head fireman and the conles. The fireman had oc casion severely in aduroriish his underlings for 'quilting work befure the arrival". I their reliefs
The coalies were highly insulted and said they would "fix "the fireman Yesterday afternoon alter the day's work was over the insulted ones-numbering about ten men-waited the arrival of the head frenas nurside the works As soon as he appear d'on l'ascear the coalies at upon him. Winte, one held him, by the quece the others landed out some terrible blows at the fireman who was seun kanicked out. When he hoped int Shan-ki-wan ulice Station he was bleeding freely from a cut on the bead. His wounds were altended to by the police, and ater search two men were ar rested and charged with assault. They were placed before Mr. F. A. Haziland, at the Police Court this morning. The complainant, whose head was in a bandage, and who found it diffi. cult to stand erect, bwing, to pin, which he said he fell all over, gave evidence, saying that the first defendant was the ringleader.
1
He is a dangers man,' said his Worship, addressing inspector Robertson, in pronouncing sentence." "See that he is deported." The first defendant was fined $25 and the second $is, They were also bound over in the stim of Sico each to be of good behaviour for the months. If you come up here again," concluded the Court, "I will not o dy fine you $100, but will give you stocks,"
sugar annually.
The profit for the year, after wrbing of $13.334.85 for depreciation and bad debts, and
amounts to $60,095.96, from which it is pro posed to pay a dividred of one dollar and thirty cents per share, absorbing $12,500; ti forward $1.555.96. transfer to cattle reserve $15,000 and carry
Directors. The Hon. Mr. Edward Osborn
for re-election. and Dr. Noble retira by rotation batare eligibl.
audited by Mr. W. Hutton Potts who offer Auditor. The annexed accounts bave bee:
∙himself for re-election at this meeting»
EDWARD OSBORNE,
Chairman.
BALANCE SHEET. 31ST JULY, 1904.
Liabilitien. 25,000 shares @ $70 each, 5187,500
Capitul,- Less St.50 per share not
called up
16
COMMERCIAL
TO-DAY'S INTELLIGENCE.
Noon. Buyers: National Banks $47, Hongkong Fires 5332, 4., C. and M. Steamboals:327j,
Intimations.
THE
ROBINSON PIANO
COLD.
HAVING SECURED AN INTEREST
IN A LARGE
Kowloon Whaves $88, Hongkong Lands $101, LONDON FACTORY, Waterboats $7. Dairy Farme $18, Coniants Sig, Electrics (51)
Sellers-Hongkong Banks $815. Union [$775, Cantoni 5300, Indo-Chins $73, China and Manilas 513, Douglases $40, Shell Trans posts 31, China Sugars $145 Raubs Sq |Hongkong Docks S151, West Paints $50, Hum- phreys Estate Sirį, Cotton■ S13, China Borneos $10, China Providents 592. Icer $236, Ropes $13, China Light and, Power Sto, A. S. Wal- -$150,000.00 10ns Staj, l'owells SB.
25,000,00 Sales:-Hongkong Fires 5331), Waterboats
208.00 $6. 21,970.It
37.500
Catile Reserve Dividends uncollected. Accounts payable Balance of profit and loss a/c...
62,055.91
Nominal-China Fires 595, Shanghai Docks Tis. 105, Hongkew Whaios Tl1. 237]- $257,234.12 in Shanghai, Hongkong Hotels S:12), Tramg ( Assats. Cattle...
¡ways 5315.. ... $57,233.41 Buildings and property...$48,969.47 Less wrillen off j 8,909 47 Furniture, machinery and
SIGIC *** Less written off...
Cash in hand and at Bank Share investments and mortgages... Steam launch
...$5.00003 Les written off
... 1,000.00
Accounts receivable... Stocks on hand...
4 months' sight...
49,450.00 Germany-Back T.T..........
India T.T.............
CAN SUPPLY
HOME PIANOS
ON EVEN MORE EXCEPTIONAL
TERMS THAN LVER.
AND
TODAY'S EXCHANGE,
1..$10,427.00 1,437,00
Selling. 40,000.00 London-Bank T.3, person
Do. demand............ Do,
.2/3 9/10
PIANO
..2/31
..2/4:
8,000.co France-Bank IT..... 28,210. America-Bank T.T.....
...2.99
$51.
.....2.351
..170
demand......
APOLLO
..73
.11% prem.
+38
PIANOLA,
Buying.
.2/4 3/16
.2/41
'4,000.0
+||
Do.
34,227.22 Shanghai-Book T.T. 34c93:58 Singapore T.T..... japan-Hank T.T. $257,234.12 javá-Bank T.T.
PROFIT AND LOSS ACCOUNT.
July 31st, 1906.
Dr.
14 months' sight-L/C. 6 months' sight L/C..
months' sight
do.
jo days' sight Sydney and Melbourne...7.4 970°
To devectors' and auditor's fees. 1,700.00 30 days' sight San Francisco & New York..56) To repairs and renewals To written off: - Steam launch Famitur, &c. Buildings
Bad debts.....
them to start at an early date working for themselver, an that they may become in dependent and enjoy liberty. As regards constintional government, there must be ore educated people before it can be successfully Tokio and Osaka Sugar Refining Companies Crude sugar at present consumed by the established. Some years ago when America and the Dairi Sugar Refining Mill, amounts, to declared war against Spain, a wealthy citizen about 250,000 picats a month, and when the To balance........ 2 New York raised and maintained a regimen material equired by the new companies now. of soldiers, at his own expense, for the honour being formed in Nagoya, and Yot atama is of hit country, and the people felt that even if added, the total will be at least 260,000 picuts. their sons were killed in the war they wouldnder these circumstances, even if all the new gain a certain amount of glory as patriots. companies and mills pro cted in Formosa are put into fall operation, they will scarcely be. able to meet the demand for crude sugar in Japan.
But in Constitutional Government, it was
necessary that the House of Lords should be in accord with the Hause nf Commons, for we would not like to see a Government in which one fause obstructed the mode of administra tia introduced and advised by the other. I wish you would all read more newspapers, sh that you may learn about, and understand, alt inatters relating to foreign, «ffairs, and I also hope you sit ailly to send your snus ard younger brothers in school at as early an age as possible. Confucian teaching is gond, but it any foreign system proves to be better, we must adopt it, I wish also to impress upon you that you should begin to give your sons and younger brothers all the teaching and instruc lion in your power, so as to prepare them, when the time comes, to be, if called upon, mem. bers of Parlament, which will go far to make Chinese subjects honoured and respected, and which also will please and granty me very much, as yuz compatriot.
Upon the conclusion of this peech the com- pany applauded. fir a fong time. Later on there was a dinner piny in the General Cham. ber of Commerce 10m, at which very large number were present, when the healths of His Impeial Majesty the Emperor at China, and of HE. Wu were drunk with acclamation,
BINDGOS IN VANCOUVAR.
HONGKONG ASKED TO TAKE ACTION.
•
ہوگیا
3.554 7
..$1,00.00 2,427.00 3,969.47 9 838
14 months' sight France...
6 months' sight
|4 months' sight Germany
Bar Silver
13.334 85 Bank of England rate... ..... 62,055.90 Sovereign....
$79,645.51
2,756.39 44.03
By balance, from last year.....$2,864.34
Aug, 1st, 19 5. July 31st, 1956,
Hy interest
ly scrip fees To,balance of working account ..... 73,980,78 $79,645.51
1
#!
'S. A. SETH, Se retary,
PETING.
that while it is maintained in Japan that too In conclusion, the Osaka journal jemarks
many sugar-refinu, companies are cropping MURDER "OF A FOREIGNER IN up in Formosa their number is, as a malter öf fact, too few, and it is urged that when experi ments prove conclusively that crude sugar of good quality can be produced, the cultivation of the sugarcane must be encouraged and ex lended to the utmost.–– japin Chronicle.
BANGKOK CURRENCY,
SHORTAGE OF THE C. IN
Says the Bongkok Tuner of the 26th ult: The currency question is not yet finally solved, and at the present moment, we are assured, the situation is becoming really difficul Ticals are badly Reeded now that a good deal ol paddy is coming down from up-country, but the.e is genuine shortage of the coin. That shortage is caused by the smaltiness of the production at the Mint and by the large amount that has had to be shipped off to Puket, Ash result of the present situation, some uncertain- ly is coming to be felt as to the future of the tical. One sumeer is that the Government will try to raise its selling price possibly to 11. 6d; and on the other hand, with the prospect of at besi a 25 per cent, rice crop there is the possibility that the exchange value of the coin At a meeting of the Vancouver Municipal may go down. Naturally it will be much Comedil held last month, the Mayor called a better for trade - generally if the tical can be tention to the Hinden invasion and said that be maintained practically at a fixed value, and had been practically forced to take action by the suggestion that the treasury price may go. reports received from the medical health officer | to eighteeà pence causes apprehension to the and other officials astuthe unsanitary conditions exporter. But the present shortage ought not in which the Hindons were living. The e were to last much longer, and it is suggested that, from 15 to 25 in'shacks only fitted to, accom. to tide over the difficulty, the Government- modate one. Things indicated also that should give the Planks reals from the reserve. hundreds of them would be faced with starva- The suggestion will no doubt be considered, tionm the winter. He asked the city clerk to as the rice trade will have difficulties enough read some telegrams that had been sent. One apart from the currency one, sent to the under Secretary of State for the In another article, on the 28th ult., the same colonies; Mr. Winston Churchil', and also to paper remarks: The British Consul, in the the Secretary of the colony of Hongkong was latest report issued by the Foreign Office on as follows:
the trade of Bangkok, cordially approves of "East Indians being shipped to B. C. in the proposal to introduce a gold coinage in large numbers under misrepresentation respect- Sium, and suggests in addition the introduction After having read the memorial presented to ing state of labour market. Feeling very acute of a new silver coin of the value of helt tical.
Singapore taking a preliminary step t us by Tsen Chuen-hauen, Vierny of the Liang against people responsible, as liable to be large wards the introduction ef a gold coinage, but Kwang, by which we are informed of the cal-monality amongst destitutes. Please take such there the question is complicated by the prac amity which has befallen our people in the action as you may deem necessary to prevent tical necessity of the gold coin being the shape of a most destructive typhoon, all'along further shipment."
sovereign, while the dollar stands at 25.4d. In the South China coast, including Hongkong,"
Siam, however, gold pieces of to and to ticals One to Sir Wilfrid Laurier read: Canton and many other cities, and which has
would be very convenient, and might possibly "City of Vancouver will not stand for any tend to check any tendency to increase the sell been the cause of many hundreds of our dear further dumping of East Indians here. Masing price of the tical. Mr. Lyle puts the rise subjects' death, our heart is filled with com- meeting called to consider active preventive in the exchange value of the tical to is 3d, as passion, and we send our sympathy to all those
equivalent to a 77 per cent. charge against the monarca, unless definite authoritive assurance who have been in any way injured by this dis- received that government has prohibited the has reached 15. 4d. The local stores have exporter, and since that was written the tical aster and particularly to those who have been impostation of these undesirable immigrants" now begun to allow a discount of 10 per cent. deprived of relatives and friends. As an out- Bob of these were signed by the Mayor.
on their bill, but that has not affected the cost ward expression of our sorrow and compassion
The Colonial Secretary at Hongkong replied: of labour and raw material, while due note is for their losses and sufferings, we onder that
• report of theexcessive competition "Indians mostly in transit from India. Ad among the chief exporters. It is tros the pre- propose more work for the Mint, but that in-
THE TYPION,
IMPERIAL BOUNTY.
The following decree was issued on the 9th
Inst
taken in the:
The following telegram was published by the P, and T. Times of the 4th inst
"Peking, November 4th-Last night a for-i eigner was reported to have been murdered in the south-east district of the Tartar city. The body has been identified as that of a British subject named H. 1. Pless, of the firm of H. Y. Stone & Co., and murderer is said to be a Chinese.
"From another source it is learned Pless was shot by a Chinese who has escaped, and that the body was buried yesterday."
A soon as the above information was received, the Daily News (Cheloo) telegraphed; to Peking for further details. The following telegram was received in reply last night.
Peking, November 6-Harry Pless Wak murdered by a coolie near the Hatamen. There is scarcely any motive for the crime except revenge us Pless' watch and a sum of money were in his packets when his body was found.
T'
To-day's Advertisements.
PUBLIC AUCTION.
*HE Undersigned have received instructions from the Official Administrator, to sell by
PUBLIC AUCTION, For account of the Estate of the late R. W. HOUGHTON, TO-MORROW, (FRIDAY), the 16th November, 1906, at 2.30
P.M., at their Sales Rooms, No. 8, Des Vaux Real, corner of Ice House Street, A QUANTITY OF TWEED, SERGE SUIT LENGTHS, CLO HING, KCy &c.,
TERMS :-As usual.
HUGHES & HOUGH,
Government Auctioneers, Hongkong, igth November, 1005.
PUBLIC AUCTION.
[1103
THE Underigned have received instructions from the Official Administrator, to sell by
PUBLIC AUCTION,
. For account of the Estate of the late
R. W. HOUGHTON,
00
SATURDAY,
the 12th November: 1906, at 2.30 PM at College Chambers, Room No. 9. Wyndham Steel, SUNDRY
$550!!!
FROM MANUFACTURER TO
PURCHASER DIRECT,
Hongkong, 10th November, 1906.
MOET & CHANDON'S
Highest Grade of ChampagNE IS
“DRY IMPERIAL”
BRAND
AS SUPPLIED by Royal WarRANTS
TO
KING EDWARD VIL
During the evening less was playing cards with friends when he was called out by a trick mesiige. He was bever seen alive again by HOUSEHOLD FURNITURE THE EMPEROR OF GERMANY,
his friends,
Recently Pless had trouble with a coolie whom he whipped. The coolie complained to the British legation and Pless, while denying he was in the wrong, agreed to pay damages to the man. This man is now missing. The Chinese
(Particulars from Catalogue). TERMS: usua!.
HUGHES & HOUGH,
Government Auctioneers. Hongkong, 19th November, 1905... [1104]
STEAM TO CANTON,
and British authorities are investigating the THE New Twin Screw Steel Steamer
matice
Harry J. Pless was very well-known in Che. "KWONG TUNG!...1,238., IL W. WALKER. foo. He lived here several times in recent Leaves Hongkong for Canton on cach Sun-
pursuits. years and was engaged in various commercial day, Tuesday and Thursday, at gevery evening. Leaves Caston for Hongkong on each Mon- the autumn of 1904 he went to South day, Wednesday and Friday, about 5.30 o'clock
every evening. Africa in the service of the' Transvaal im- ¦ migration bureau, ind as he was thoroughly Accommodation for First Class Passengers and This Fine New Steamer has unexcelled
conversant with the Chisese language was a¦ is lit throughest by Electricity. Electric Fass valuable assistant. He returned to Chefoo last in First Class Cabins, year, and remaining bere a few months accept.
((Servant Passage Fare-Single Journey..[5 ed a position with the British-American Tobac
{excluded), co Company and was engaged in travelling Meals................
......$1 each. for that company between Hankowand Pakjog,
The Company Wharf is situated in front About 5 months ago be left the tobacco com of the New Western Market, opposite the ad pany to engage in business for himself in Pek Harbour Offics. ing under the firm name of H, Y. Stone & Com pany
When Pleas first came to Cheloo he was la the Chinese maritime Customs service.
THE CZAR OF RUSSIA.
ALSO SUPPLIED FOR THE
LEADING PRESIDENTIAL
BANQUETS
or
FRANCE AND THE UNITED STATES
Per Case 12 Bottles
YDEN ON 5.5. CO. LD,
No. & Queen's Road West Hongkong, th Novensber, 1905. (1075
$57.00
D
18 14 -Botiles
бжа
10 PER CENT, DISCOUNT,
ן ויו
IN consequence of the favourable exchange now ruling, we beg to notify our Patrons and the Public, OUR PRICES WILL BE REDUCED
100,000 lacs he taken out of the Kwangtung yise you should ask Canadian Government to sent may not be a very happy moment to 10 PER CENT. dating from 1st November, unül further notice.
Pravipcial Treasury to be distributed among them, and in this, we must also command our officials to sea that the sum gravled is rightly used and eply for the purpose which is meant by us,
approach Government of India."
Sir Wilfried Laurier answered: "With restitution cas of course ha organised to do what ference to your telegram Government not pro the natural completion of the efforts that have is required of it, and the gold coinage seems pared at this moment, to take action, but will been made to give stability to the monetary wait for further communicatica en the matter." ; system of the country,
H. PRICE & Co.,
WINE AND SPIRIT MERCHANTS,
12, Queen's Road Central.
Hongkong, 1st November, 1900,
SOLE AGENTS:
H. PRICE & CO.,
WINE AND SPIRIT MERCHANTS,
15, QUEEN'S ROAD CENTRAL
Hongkong, 8th Norimber, 1906,
Page 5Page 6