Telegrains.
[Renter's]
The Income Tax.
London, 4th July. * During the discussion on the Income Tax, Mr. Asquith, in reply to Mr. Seymour. Klug, said that an important concession would be made, agreeing to pansions, &c. for past services being riassed as carned income, thus benesting by the lower rate. The con- cession also applies to widows and children's pensions.
THE HONGKONG TELEGRAPH SATURDAY JULY-6, 1907.
SUBSIDIARY COINS.
THE VALUE OF GAN FON. TOKENS.
AEDUCTION OF COLONY'S SUPPLY.
CANTON DAY BY DAY.
VICEROY SHOM.
[Front Our Own Correspondent.]*
Canton, 5th July
BUNGAAKAL GUNNERY,
HIGH PRAISE FOR FACIFIC FLEST.
A Washington despatch of 9th ult, days —— Splendid progress in target shooting with the big guns of the navy is recorded in the general There are many conflicting reports concern-order promigated to day by Secretary Meicall Thowing tification, dated 3d insting Viceroy Shum. One states that the C. M. giving the sinnding of the respective ficels, appears in the Go emment Gazette over the S. N. Company's head office at Shanghai has squadrons, divisions and vessels for the annual signature of the Colonial Secretary :
twice wired to its Canton agent to at eace record target practice of 1997. The Allintic Whereas there is an excessive amount of despatch the ss. Erangle to Shanghai to con fleel, which is the winner, scored 59.36 percent. Chiness coins at present in circulation within rey H.B. Shum to the South. But a telegram against 59,241 p.r cent for the Pacific fleet, a the Colony, and whereas residents may be has just been received from Shanghai stating remarkably close contest. Last year the Pa- deceived as to the value of these colas, it is that, yesterday morning, H.E. Shum left for cific squadron (not the feet) had the smallest hereby autified for public information that the Hangchow for medical treatment.
banghai telegram states that H.E. Shum wifinal merit, while this year it is higher that all proper market value of a nominal dollar's
ibe, olher squadrons worth of so called subsidiary coins minted a stay for another month at the Northern port to Canton or other places in China is only about avoid the heat of the South. treacherous-8/9ths of the value of the standard coin of the
Colony.,
Sir Harry Maclean Captured- by Haisuli. Sir Harry Maclean has been ly captured by Raisull,"
Raisuli persuaded Sir Harry Maclean to meet him personally, accompanied by only
four men.
The British Legation at Tangier is doing all that is possible to secure the release of Sir Harry Maclean, and the Sultan's repre sentative at J'angier is heartily assisting.
The Legation has received a letter from Sir Harry Maclean rating that he is will, and is being well treated..
Bir Matthew Nathan. Sir Matthew Nathan dined with the South African Society, a distinguished assemblage.
Sir Godfrey Lagden presided, and gave a tribute to Sir Matthew's brilliant career. He said: "We are all proud. of Sir Matthew Nathan following in the footsteps, of, so eminent and distinguishe1a Governor as Sir Henry McCallum,"
Later. New Market-Result of the Frincess of Weles' S'al es.
1.Polymelus.
2 Nulli Secundus.
3. Merry Moment.
There were nine starters.
The Opium Question.
KWANGS1. RICE.
Another
To-day's
Advertisements.
THE PEAK CHURCH.
ANNUAL MEETING or WOR
TSHIPPERS at the PEAK CHURCH wil he held in the Vestry of St. John's Cathedral on WEDNESDAY, July roth, aUDIS PAMU
BUSINESS:-
1. To Fair the Accounts. 2. To Adopt the Report. 3. To Elect a Committee.
F. T. JOHNSON,
Hon. Secretary.
Hongkong, 6th July, 1907,
PUBLIC AUCTION.
Intimations
THE
ROBINSON PIANO
CO., LD.
(642
Ton H. POTTS, Esq., to sell by
"HE Undersigned has received instructions
PUBLIC AUCTION,
The Second squadron, Pacific feet, com- mauded by admiral Swinbume, which cories | sponds to the former Pacific squadron, has won H.E. Viceroy Shum, upon receipt of a tele-all that it could win ; that is, the cruiser, gun- Thus loo of the Chinese ten-cent pieces are gram from the Canton principal rice disposal boat and torpedo boat trophies, there being no worth only about By cents of the Mexican ffice requesting him to instract the Kwangi ships of the bauleship class in that feat. All dollat
Governor to remove the probibition on exporta vessels of the Second squadron, Pacific fleet,the 15th July, 1507, commencing at 2 30 P.M. Residents are therefore warned against siction of rice, has given telegraphic instructions are star ships except the de
at Clovelly Peak Road, cepting these foreign coins at more than the to the Kwangsi Governor to do so; and HE alte stated unless they have previously agreed has sent a telegram to Canion to that affect
to do to..
"
':
The legal limit oftender of Hongkong jub sidiary coins is $1 nominal value in silver and
in copper
ני
The public is also informed that whereas at present the Hongkong subsidiary comage is
at a discount in the market all such coin re- ceived in accordance with law by Government Departments is being relaised and not re issued. It wil from time to time be melied
down and sold sai to reduce the amount, in
circulation, of such coinage to that required by
the necessities of business in the Colony,
Any person o company doing business in the Colony may, on application to the Colonial Secretary, or Registrar General for Chinese firms be furnished with copies of this notice for posting up on their premises,
'HONGKONG A WONDERFUL
CITY."
CHINA AND-HER. PEOPLE"
C. C. Ramsay, member of the house of re-
CORRUPT BUHORDINATE OFFICIAL. A Yesterday the new Provincial Judge, Kung man, sent one of his subordinates to the Nacho Magistrato for punishment. The of fender is said to have squeezed an admission fee from a certain gentleman who was going to
call on the judge.
CLOSING OPIUM DENS..
In accordance with the instructions from the Tarar General and the two Lieutenant Tartar Generals, all the opium "divans in the Bannerman portion of the City were totally closed on the ath'ultimo. The old opium establishments have all been turned into tea shops and other businesses. So far the Tartar General's orders have been very strictly enforced and obeyed.
THE LIMCHOW DISTURBANCE.
-Yesterday a telegram was received from the official af Limehow stating that the rebels there are still very active and requesting more reinforcement of troops. "."
PROVINCIAL JUDGESHIP.
At forenoon yesterday the newly appointed Provincial Judge, Kung Sum-Isan, took over Temporary charge of office from the ex-Pro- vincial Judge, Chu Show-yang, who will pro
||
duroyer Paul Jones.
A star ship is one whom, jual merits...aro at
least 85 per cent of that of a trophy winners
of her class. The finalmetto Admiral Swin burne's squadion is so per cent, higher than the next highest squadron.
The vessels of this squadrell, were the Boston, Chicago, Charleston, Yorkton, Princetos, Pible and Paul Jones. The total score of this squard. ron was 74.866, and the Boster won the trophy with 79.997 per cent,
Last year there were three star ships, "while Last year the final this year there are ten. merit of all ships was 64 per cent. of the highest final merit, and this year it is 71 per cent, showing a notable increase in the general efficiency of the shooting.
In the squadrons, after the Second Pacific come the Second Allantic Illinois, Kearsarge, Kentucky, Alabama, Pediana, Town and Ohio with 6245 per cent, and next in order come the First Pacific, with 56 55. the Third At. lantic, with 55.515; the Fourth Atlantic, with $5.383; the First Atlantic, with 55,095, and the Third Pacific, with 40.65. ..
COMMERCIAL.
WEEKLY SHARE REPORT. Reviewing the share Business for the week,
|
|
MONDAY,
À QUANTITY. OF-' VALUABLE
HOUSEHOLD FURNITURE,
**Comprising
UPHOLSTERED DRAWING ROOM SUITE, JAPANESE EMBROIDERED SCREENS, LACQUERED TABLES, EN GRAVINGS, LACE CURTAINS, STAN- DARD LAMPS, TIENTSIN CARPETS and RUGS, &c, &c
EXTENSION DINING TABLE, CARVED SIDEBOARD with BEVELLED MIRROR, DINNER WAGGON, WRITING"DESKS, INLAID PANELS, CROCKERY and GLASSWARE, &c., &c.
BLE and SINGLE BEDSTEADS, WARD
BRASS and BRASS-MOUNTED DOU.
RODES with BEVELLED MIRRORS, MARBLE-TOP BUREAU with BEVELLED MIRRORS, MARBLE-TOP WASH- STANDS, Specially made LINEN: PRESS, CHEST OF DRAWERS, BOOKCASE with DESK, MEDICINE CABINET, &c., &c.
BATHROOM, PANTRY, and KITCHEN REQUISITES.
ALSO
A FINE SELECTION OF CANTON BLACKWOODWARE, : Comprising :- CABINETS, TABLES, JARDINIERS- and STOOLS, ka. ;-
ARD
One COTTAGE PIANO, by Collard &
The Daily Neros commenting on the presentatives from King county in the last bably leave Canton.for bis sew post at Achu Messrs. E S. Kadoorie & Co. write on the 5th Collard;
memorial on the opium question signed by the Archbishops of Canterbury, York, Dub lib, and Armagh, and by 70 Bishops, says that Crat Britains must be prepared to make a contribution to India, in order to alleviate' the dislocation of finances which will be caused by the abolition of the o; ium traffic, in the same way as Great Britain bore the cost of abolishing slavery.
MUZUR CARS FOR CHINA.
A HINT TO THE ENTERPRISING. Consol Wilbur T, Gracey, writing from Tsing: 1a0, states that there appears to be an excellen opportunity for the introduction of automobiles into the colony of Kinchow. His report reads: "There are at present only one American, and two Griman machines in this city, but there is no reason why aaromobiles could not be used here to a large extent. The roads throughout the colony are excellent, being made through solid rock in many places and all well macadarnized. They run for a dance of 3 or 40 miles into the surrounding country, and with the gradual slope of the bills, about 15 to, ao degrees, would be excellent for auto- mobiles,
|
legislature, was among those who made the round trip on the Minnesota which arrived from the Orient yesterday, says the Sestile Post of 8th June In discussing his trip, Mr. Ramsay said:
"We saw the cheny blossom season of its height, and were fortunate in having delightful weatherduring our stay in Japan, which enabled us to see the beautiful temples, mountains,' lakes, canals and her people in all phases- from the highest to the lowest walks of life
"Everything in Japan is utilized, from the smallest sticks of timber to the largest trees; every possible foot of ground is cultivated." The whole country ji like a continued park or garden, and the $5,000,000 people who inhabit these islands, less in size than SOME of our states, are the most polite and contented people on carth. Old Japan has almost given way to the new, and there is no trouble for the English speaking races to get around, as all the railway stations are marked in English, In fact, our language is taught in all the schoolle
"Today, Japan, in addition to building up and adding to her already powerful navy (and I understard she will soon launch the greatest battleship ever bulk by any nation) has now in course of construction about ten fine mer- chant marine vessels to add to her already ex- tensive ocean carrying trade. Japan intends to lead in the commerce of the Pacific, and her ambitious a e likely to be realized, since vur own people and government do absolutely | nothing to encourage the carriage of goods in American bottoms. The Japanese are proud of their great industries, and it seemed to me that our own great merica could learn much from this little giant of the East
|
at the beginning of the sixth moon.
BANGKOK CHINESE, AND THE
NAVAL VISIT.
Bangkok Chinese are enthusiastic over the visit of the Chinese cruisers to Siamese walers, and this feeling of general exultation is all the more catural as, it is the fist time that the "Flowery Land" has been represented in the harbour of Bangkok by modern men-of-war.
The object of the visit, as far as we under stand, has po political significance but simply a "look-see," which no doubt will prove mutually agreeable to all concerned,
|
inal-A fair investment, business has been done during the week, and rates generally have been well maintained.
Banks. Hongkong and Shanghai Bagks are, nominally quoted at $681 ex new issue, and F522 for the new issue, after sales of the latter at Sgaz. A sale has also been effected at $815 com.new issue. The London' rate bas further. advanced to £79, ex new issue, apil £59, for the new shares.
Marice Insurances-Cantons are firm at $273, after sales at the cate: North Chicas are quiet at Tl. 71. Small sales have been pút through at The, 721 and Th. 75. Uniona have Buyers at $700, and Yangtser are inquired for
Si75.
at
Fire Insurances-China Fires have been sold at $87. Hongkong Fires are still on offer at $325, without finding buyers.
Shipping.-There are inquiries for China and Manilas at $15, Douglases are steady at St. Hongkong, Canton and Macao Steamboats have been dealt in at $30 and 5791. Shell Transporis are quiet at 45/-... Star Ferries old and new are unchanged.
Refineries-China Sugate are, wanted at Steo There is no change to report in Peraks, Sagars and Jurons.
Mining Chinese Engineeringshave'slightly weakened and are offering in the North at Tis, 15.90. Raubs can be placed at $6.-an
The visitors will find Siam and her people not only interesting and progressive, but most hospitable. In Fangkok, the capital, they will find an industrious and prosperous up-to-date population in which the Chinese community figure most conspicuously as far as trade and commerce are concerned. That the Chinese have taken a very creditable share in the deve fopment of trade and Industry of Siam is a fact already well known. Not only do they figure largely as merchants, but in the arts and crafiș as well. As masons and carpenters they have taken a very large share in the work of building modern langkok. In the construction of our new streets, and Rong I believe that a cheap grade of automobiles
kok's most striking works of architecture could be introduced here for general use.
Chinese bane, and muscle bave taken a very.
Docks, Wharves and Godowns-Kowloon They must be made to compete with the car-
active part. In the cultivation of the soil they Wharfs are quoted at $80, Hongkong and riages which are now in use. Ponies can be
have been equally successful. In fact, it is Whampoa Docks have not fluctuated, and purchased here for alical $10 to $50 each, are
the Chinese farmer that supplies Bangkok remain unchanged at Sics. There are further used in paire, and can be kept at about $7 per
market with the principal commodities of buyers of Shanghai Docks at Tis. 76, in the mooth for feed and 57 for a hos ler. Car-
land in the way of vegetables, fruits, fowls, eggs, North. Hingkew Wharfs have improved to riages are either oper victorias, closed broug
fish, pork and other necessaries. Their thrift, Tia.223), but there are sellers at the rate, hanis or dog caris and cost, test ectively, about
energy and perseverence know no bounds, and Lands, Hotels and Buildings-Hongkong $350, $joo and Sk : mall automobiles
"We should discourage this eyelasting for this reason they generally succeed in every
Hotels are quiet at 5118, and Hongkong Lands which are good hill climbers might be into abuse of our enterprising men. The demphase of (e. Bangkok boasts of a very wealthy are offering at $105 Humphreys Estates are duced if they could be supplied at a low price.arizes and the agitator who are everl stingly and influential community of commercial steady 21 $19.75. There are buyers of Kowloon Casoline can be purch sed at about to cents trying to poison the public mind and to cause Chinete.. Among these we have many philan. Lands at $37. Shanghai Lands have risen to per gallon, and arrangements could be made
as much hostile legislation to be enacted as thropists who have done much by their gen-Tis. 104, and buyer's prevall. West Points are for a lower price if there was a call for larger possible against everything requiring large eroilly and beneficence in maintaining charit-quoted at $50 quantities.
capital should be completely ignored. We able institutions of which we have many,
Cotton Mills.-Ewos have been fixed at the should encourage in every way our captains of
improved rate of Tis 64. Other Cotton Mills industry, whether at home or abroad, and all
remain unchanged, pull together to further increase our own great protge ity at home and, our presti e abroad, and especially is his true of our Pacific Coast
The best way to introduce automobiles would be to" ship: a small number to some local firm to be said on commission. It would be difficult to introduce machines here through catalogues. If the automo- . bile manafacturers in the United States will forward copies of their ca alogues to this consulate this office will retain one copy and pass the others to parties who may be in terested In qualing prices the machine should be given complete, with lumps and all necessary adjuncts. Some of the German firms quote their goods, not only complete in avery detail, but including extra parts which are liable to wear quickly, such as tires, elc 1 must be remembered that American machines must compete with low priced German goods, There are a good number of motor cycles in usp in this city, and, there would undoubt- edly be a good sale for cheap machines of this kind. In both automobiles and motor cycles obe of the most important points to be consi dered is that the purchaser is three months [distant from the 'United States, and in the event of the breaking of any part of his machine it will be laid up for several months before he can secure now parts. Simplicity of Construction is therefore important Some focal dealer should be well suppl ed with extra parts."
Tex new Strai's dollar is a great source of confusion and fraud in: Deli. Many labourers refurejo be paid by it. The changam will | take it only at a valus of sevenly cents Mat will not mend quit the Goverment noti fica to the people that the new and did Straits
·ters
dollar, however uiliko in 'aise, are the same in
value. The Govirament has hitherto falled to de soything of the 1
1.
· Blaics.
}
•
"China, with her 400,000,000 people, was a surprise; and right here let me say that every one who can possibly do ŝo should read 'China and Her People, by that great American patriot, Charles Denby, for thirteen years our minister to Peking. 11, gires a clear understanding of the many strange customs of the people, and throws much light on the causes leading up to oul-breaks against the foreigner,
*#Shanghai, Canton, Meczo and Hongkongare wonderful cities. Canton with its narrow, six. foot streets lined with glittering mercantile signs and filled with its denne population was as novel as the great river front where thousands upon thousands live on the water. I am in. formed by reliable parsons that our four mills have all the orders they can fill for months to come and the boycott is about over
It is with some reason, therefore, the Chinese of Bang ok may indulge in a gal a holiday on the occasion of this distinguished visit which is bound to prove one for mutual congratulation and festive cheer in good old Chinese fashion. We understand that a meeting of the heads of leading local Chinese establishments has already been held with regard to the framing of the festive programme during the stay of the distinguished visitors --diam Fru Preu.
THE WRATHER.
The following report is from Mr. F. G. Figg, Director of the Hongkong Observatory i-
On the 5th at 12,0; p.-The barometer bas falles moderately over N. China owing to the depression which appears to be slowly moving | Earlwards over Shantung.
Pressure is over at inch in defect of the normal in Shanghai, while it is high over the N. part of the China Sex and above the average by o. 1 inch on the S, const of China.
Fresh monsoon may be expected in the Formosa Channel and light monsoon', and variable winds over the N. part of the China
"Japan placed orders recently for more than 12,000,000 yens' worth of our goods, Commer cially the United States has all the great | Sea nations against bet. That being true, should The Japanese returns are lacking this we not do all in our power to cultivate closering. trade relations with the Orient? We could not Hongkong rainfall for the 24 hours ending permit, and they do not expect, the labouring at to a.m. to-day, art juch. chiura to come in and put down the price of labour.so our own prople could not compete, but
FORECAST,
1-Hongkong and neighbourhood, S. winds,
ikky do expect us to treat with "greater con- | moderate to light; fair. sideration their merchants, scholars, business
1-Formoss Channel, S, to S, W, winds
min and gentlemen who come to our shores, fresh
In both Chick and Japan we were well treated, South coast of Chien between Hongkong
and if there is any feeling against Americans it- and Lamocks, same as No, tạo
|
Miscellaneous-Sales of China Boraces have been put through at 59. China Providents can be secured at $9. Dairy Farms are in demand at $15. Cements are obtainable at $16), Hongkong Ropes have improved to $), and there are inquiries at the rate. Peak Tram- ways have been dealt in at $10.75 and $1.65 for the old and new shares respectively. Lang. kali remalo unaltered at Tis, 291 with buyers. Watsons have changed hands to a fair extent at $13 There are buyers of Sematras in the North at the improved rate of
Tis, 110.
TO-DAY'S EXCHANGE,
Solling.
Locilon-Bank T,T...... No. demand now Do,
4 months' sight France-Bank T.T. ........ America-Bank T.T. ...... Germany-Bank T.T............. lodia T.Ttists - Do. demand.... Shanghal-liank T.T. Singapor 1.1. [apan-Bank T.T. Java-Back T.T.
Buythe
4 months sight L/C......... 6 months' sight L/C,
AND
A Large Quantity of PALMS and other PLANTS, in tabs and pots.
TERMS ÁS customary.
On view from Saturday, the 13th July, 1907.
GEO. P. LAMMERT, Auctioneer. Hongkong, 6th July, 1967.
THE JAPANESH FINANCIAL SITUATION.
SPEECH BY DR. SAKATANI.
[643
TALKING
MACHINES
AND
RECORDS.
New Stock just arrived
LARGE AND VARIED
ASSORTMENT.
MUSIC
Comic
Opera Scores
and Dance Music.
RECEIVED BY EVERY MAIL.
"Hongkeug, 29th November, rgos,
SEASONABLE
WINES.
Dr. Sakatani, Minister for Finance, was the principal speaker at a regular meeting on 23rd ull. of the Economic Society of Tokyo. The Minister dealt with the financial and economic conditions prevailing during the present half- year. He said that the foreign trade of the Empire, which had made marked progress last year continued to increase. The trade for the present half-year so far showed an increase of Y60,000,000 on the figures for the correspond- ing period of last year. The total value of the trade for the year, he believed, might reach between Ysco.com,coo and Y1,000,000,000, He was sure that the extension of finan- cial organisation and the industrial system in general would occupy the public mind. Of the agricultural industries, the result of seri colture this year was exceptionally successful, and the crops of wheat and barley also pro mised to be a success. The rainy season so far had been ideal, and nothing more desirable could be, wished for replanting the rice. the half-yearly accounts of banks and com- panies, which were published, or are to be (SOLE AGENTS FOR LANGENBACH & SOHNE, published, showed satisfactory working.
WORMS-ON-RHINE). Briefly, added the Minister, it could be said
+ Dat that the economic circles of Japan in general this year showed a healthy growth. A de plorable experience had, however, been seen Sparkling Moselle m
Hocke -~- 18.00 during the period, that was the collapse of the share market. Towards the end of January
Laubenheimer $13.00 15.00 last, the share market had gone up to an abnormal point, but a reaction set in and the Graacher 14.00 16.00 market began to come dowa, until in the mid- Niersteiner... 15.00 17.00 dle of last month it reached its climax. This greatly alarmed the public, resulting in runs on several banks Now the crisis was over, and a period was sow entered 'upon, to watch the progress of events.
All HOCKS & MOSELLES
11
Boris Bottles, 518.00
Hochheimer, 10,00 Liebfraumilch
11.00
14.00 20:00
California Riesling 6.50 7,50 Do, Hock me. 16.50 7,50
y Bottles.
CLARETS.
min. 5.00
6,00
9.00
5.50
6.50
Turning to works in Manchuria and Korea, the Minister went on to say that the Seoul Wiju railway and other machinery of communi cations, in the interio: were rapidly becoming improved. In the case of the South Manchuria Railway preparations were fully completed for its improvement. The commercial and economic sphere of influence of Tapan in Manchuria and Korea was rapidly becoming Vin Ordinaire......$ 4.50, $ 5,50 ́$ 8,50 extended as facilities of communications were 2/2) improved. - The Shimonoseki Straits, which | Cotes... 4/2.5/16 | formed the channel of communication between Medoc..........
2/24 Japao, Manchuria and Korea, proved 100
St. Emilion 2.75 narrow, the improvement of the channel be.
531 came necessary, and the necessary works | Margaux ...............................................i | with this end io view were not allowed to
St. Julian.......... be delayed. It bécame also necessary to .153
5. Estephe 1611 establish a good bolel and make other accom ..72 modation si Tsuruga, an important point Co. St. Michel
of communication with Vladivostok. Such
Ch. Leoville.. works might be carried out with, assistance from.national or local taxes or by private under: Cb. Larose taking. All these matters; went towards sub-,
8.00 1.0
700 150 1050
9.00
11.00 14.00
10,00
2-12,50 || 15.50 1650
13.00
**** 13.00
14.00
14.00
17.00
17,00
-71 % prem
.10
1317
visima/3 19/16
| stantiating the economic development of Japan, and at the same time gave the brightest pros
Price List on application,"22":
30 days' sight San Francisco & New York
1 months sight sundo.
30 days light Sydney and Mel
-4 months Hight Franca enpres
6 months' sighted
4 months' sight Germany Bar Silver ***** Bank of England rats
was nowhere minifest in any of the cities a. d. 4--South coast of China between Hongkong | Bank of France towna visited by us"
and Haluan, sama ni No. 7,
Sovereignantsara
pects for the future. Moreover, the financial
condition of the Government was so favourable H. PRICE & Co., Ltd.,
that the Bonds which were intended to be
Issued, this year were ant requirad,, these faviurable faciots, #FA
ment bid":
he introducul
WINE AND SPIRIT MERCHANTS,
#13%, QUIERE ROAD CENTRÁL