Telegrams.
The Russian Royal Yacht Ashoro
London, 1ath September.
The Tsar's yacht Standart grounded on “some submerged rocks, westward of Hangoe, in the Finnish Archipelago, yesterday,
*
The yacht remains fast on the rock. A lifeboat and y torpedoers are standing by. The Tsar and his family remain on board.
Later. The Tsar and Royal Family on board the Standard have been safely transferred to the cruiser Asi
The public of St. Petersburg are, ignorant of tic accident, and nothing appeared in the morning paper about it.
Chinese Immigration. In view of the steady influx of Chinese into Jamaica, the Government is being pressed to pass a prohibitive Alien Law,
THE MONOPOLISTA. PARADISE,
DRUNEL
THE HONGKONG TELEGRAPH
HOMIKONG HOTEL COMFANY
PROPOEID INCREASE OF CAPITAL FOR NEW BUILDINGS:;
The half-yearly meeting of the shareholdem of the Hongkong Hotel Company, Ltd, was
held in the hotel offices to-day, he lion. Mr. Edward Obirde provided, and there wore present dze j; W. Solis and Mir, F. Mauland, directors; C. Muoney; secretary; Messrs. A. Turner, E. J. Chapman, Ho, Wing. Chan Chan Nam, E. 5. Kadostie, Janice Walker, E. 12 Haskell, and j. Arnold,
The Secialary read the Lotice calling the meeting,
THE HONGKONG TRAGEDY.
ADSETT'S" ARRIVAL" SHORTLY EKFECTED.
From special information gathered at police beadquarters to day by a Mongkong Telegraph reporter we are in position to inform our
readers that Adsett, the alleged murderer of Gertrude Dayton, whose body was found in a trunk on board the Canadian Pacific liner, fenteagle not so many weeks ago, will arrive in Hongkong to stand bis' trial in the not distant future, pred
This piece of news is of utmost importante, for it conobarates a cab'egram published in a recent issue of this journal to the effect that Adsett was willing to give himself up to the British authorities and stand his trial at Hong kong without waiting for the usual formalities connected with extradition.....
A day or two ago the police were in receip of information which made it clear that the U.S. ship Galveston, on which Adselt is con- fioed, had left Chofos bound, for 'Mabila, from which port Adsel will take passage to this Colony,
SATURDAY SEPTEMBER 14, 1907.
COMMERCIAL
WEEKLY SHARE REPORT.
Reviewing the share business for the week,
To-day's Advertisements.
POSTPONEMENT.
Messi, E. S. Kadeoris & Co. write on the 13th THE GRAND PROMENADE
inst
Business has shewn a slight improvement, and rates, after a decline in the early part of the week; class steady to d
Banks ---We have no change to record is Hobgkong and Shangbai Banke, which remain unaltered and without business. The London rates likewise have not fluctuated.
Marice Insurances.-Cantons are out of favour and neglected at 51704 There are sallare of North Chinna at Tis 771, while Ualoni and Yangtzes are steady at 5760 and $170 respectively,
"Fire Insurances-China Fires have again been placed at $87, Hongkong Fires can be secured at $315,000
Shipping.-China and Manilas pre still in demand at $15, hat shares are scarce. Hong- kong, Canton and. Macao Steamboats have No news is to hand at the present momentslightly declined to $174. Douglass have im- as to whether the Galveston has arrived at proved to 41 at which rate sales are reported, Manila or not, but on Monday, next twa
and there are further: buyers, after the declare Hongkong detectives-Messrs. O'Sullivan and ion of a dividend of $1 per share. Shell Parkins-will leave for that port on the Adi Transports have weakened to 445. 6d. Star shares have fallen to $10, but a firmer tope. prevails and buyers rule the nimiket at the rate.
•
HONGKONG LOTION SPINNING, WEAVING & DYBING CO., LTD.
„ANNUAL 'MEETING♫-
The tenth ordinary annual meeting of share 1 alders in the Hongkong Colton Spinning Weaving and Dyeing Co. Lid, was held at the office of the general managers-Messrs. Jardine, Matheson and Co., Ltd.—this afternoon,
Refineries,China Sugars are quiet at 598. There are sellors of Perak Sugars at Tis, 90.
Mining.--Chinese Engineeringa are inquired for in the North at 11a. 15.20. Raubs are fiimer at 18 after sales at the rale. We are informed by privalo telegraphic advices from Singapore that the crushing for the past four weeks yielded 1,048 ozs. smelled gold from 5.376 tons stone.
The Chairman said-Wo will, if you approve, accept the report and accounis na read. The business of the Hotel during the six months covered by the report, was not marked by any unusual feature except that the monotonous'de- cline of custom to which we, in common with others, have become so familiar of late, seems at last to have reached finality; indeed, at limes our weekly returns even indicated a slight improve nicnt, affording courage to hope that the long protracted gloom, that has settled like a blight upon the commercial Ric of the Colony, will The Trouble in Vancouver,
ere long give way to a brighter atmos». The excitement in Vancouver is subsiding.phere. By dint of econo ny, accompiled nurally by an inevitable, though small, The s.s. Montegle has arrived, bringacrifice of efficiency, we have been able to meet the American, and to escort him back Ferrieš (old) have' bayars at 530. The rew 905 lindur and 163 Chinees and Japanese.10 arrest a further large di inution of pro-to this port to stand his trial before a British
Mr.. Iahui, the Japanese immigration com-fits, and but for several exceptional items missioner, says that a telegram from Tokio of expenditure, the half year's profil would
jury. shows that Japan will not make an interon have equa'ied that of the previous year in spite tional incident of the Vancouver rials, but qui -he decrease in revenue... Thers economies will ask for an indemnity to the individual we shalt continue to enforce consistently with Japanese sufferers.
the requirements of efficiency. The recent unfortunate collapse of a portion of a verandah has somewhat precipitated matters in connec tion with those portions of the Hotel known na the Old Building and East wing. Both are quite unsuited to the purposes of a Hotel; the old building by reason of its wasteful, ram. bling corridors, and huge rooms; the East wing ecoins by the absence of light, and venti- Iation. For these reasons your directors, for some years past, have had in mind their demoli tion and reconstruction, but in view of the changed condition of affairs of late, we have hesi tated to recommend any large expenditure hap. ing to cutry on as we were till timer improved. his collapse, however, necessities alarge and immediate outlay in repairs, which, in view of the unsuitability of the structures to which I have referred, we cannot advise you to incur We recommend instead that both buildings be demolished, excepting a small portion of the East wing where machinery is situated, and that new buildings be erected, details of which will be disclosed later on when plans are for ther advanced, and when you will be asked to meet for the purpose of sanctioning an increase of capital to the extent of probably $300,000 and we hope to here the new buildings will be a great improvement and bring the hotel up to date. Before moving the adoption of the report and accounts would be glad to answer any questings that any sh ucholder might like to ask.
No questions were asked.
in the cause of an interesting article the Pre Press says:
The area of Brunei is about 1,900, que miles and the coast line is one hundred miles in extent. The population of the capital is estimated at 40,000 and the town is distant from Labuns about 42 mildi, ca munication being kept up by launchies and Chinese schooners. A request having, conte from the Sultan for a more definite form of protection than he enjoyed under the 1883 treaty, the con'ry was put under similar governmental conditions to the F. M..S, and the treaty being signed, Mr. McArthur was installed as Resident
A COUNTRY IN YAW N
The rulers had lived not only from hand to manih, but had mangaged the country up to the hill, and for years the Government had never received any direct revenues. From time to time when the Su'tan or others required fundi one after another of the available means of raising money had been farmed out to mono- polists; and the staje was in the unlinppy position that all the money which should have come into its coffers Dowed, instead into the private purses of certain munopolists, who doubtless made good hings out of them. The first thing to be so e was obviously to put an end to this state of affairs, and it is interesting to note that du ing the yu'r no less than 27 monopolies were bought out. Of these the highest prices given were 511,699 for the sun. dry gonds tax, a ten per cent. duty on all im parte, $9,500 for the spices and Java tobacco monopoly, a similar som for the general import and export monopoly of th: atong district "and":9,95" for the opium monopoly. In faci the redemption of monopolies which, included apparently practically all the sources of revenue of any value col the sum of $51,105. The revenue for the year amounted to the sum of only $18,173, but this was whilst many of the sources were still in the hands of monopolists,, and in the case of the poll tax; following the general system of things, most of the money had been collected in advance.
.
The Chairman then moved the adoption of the report and accounts.
Mr. Haskell seconded.
The motion was unanimously adopted. Mr. Turner moved the reselection of Mr. W. H. Pulls as director.
Mr. Chapman seconded, and the malion was unanimously canied.
I
Mr. Walker inoved the ie appointment of Messrs. H. U. Jeffries and A. R. Lowe as auditors.
Mr. Ho Wing seconded, and the motion was carried.
The Chairman: Dividends will be ready to morrow morning, gestlemen. Thank you for your attendance.
LEGISLATIVE COUNCIL.
ORDERS OF THE DAY.
The Legislative Council will re-assemble on Tuesday next, the 17th inst.jat 2 ̧0 jim,, when the Colonial Estimates for next year will be presented to the Councy. Other business 10 be transacted is set forth in the following agenda list :-
1. Financial ininutes. (Nos, 35 to 45
1. Report of the Finance Committee. (No. 7) 3. Report of the Public Works Committee. (No. 2)
4. Amendment of "Cemeteries bye-laws under section 16 of the Public Health 'and Buildings Ordinance, 1903.
+
BORROWING TO PAY DEBTS Having this interesting financial problem, to face the only possible course was the borrow, ing of a loan large enough to pay off mono. polies, provide for the a'ministration and generally set the country on its feet again. The F. M. S. came to the rescue with $200,000, Iittle enough to rescue a country from ruin, as it might appear, and of this and revenue about S182,431 was expended. Considering that jour of that aniqunt not only will sums such as the monopolies redemption, and special expenses, -incurred owing to the funeral of the late Sultan, the marriage of the new, had purchase of a launch, at a tatal, cost of $10,000,-riot recur again, but the former purchases mean that the State will hereafter receive its proper proportion of revenue which will probably soon wipe out the purchase price of the monopolies, There seems no reason to 'anticipate that the country will not in a few years pay its way, and also pay back the loan, presuming the author Ries are content for some little while to simply reorganize flounce and not undertake any great, expenditure on developments. The customs taxes imposed in lieu of those of the monoppo amend the Local Communities Ordinance, lists are noted as being lighter and as soon as trade has shaken itself free from the grip of the 1897. monopoly holders there seems no reason why it should not flourish
THE FUTURE,
At present the exporie are limited practically to catch and jungle produce; the latter of which is a growing trade. There is however, little doubt that the mineral resources of the country apart from the Broaketan callieries-are considerable, and for a State which has for
been in the clutch of intriguers and ex.
ellers the prospects are more than fair. he' population of the country is roughly put at 35,00 of whom nearly half are Malaya. The Resident notes thai no medicst institution or sanitary measures have ever been Introduced, and they would neither be understood nor sp- preciated by the natives,
ORDERS OF THE DAYS, First rending of a Bill entitled an Ordin. ance to apply a sugh not exceeding four million nine hundred and ninety-two thousand nie hundred and fifty three dollars to the public service of the year 1938.
First reading of a Bilentitled Ao Ordinance to provide for the appointment of Public Nóta ries within the Colony.
First reading of a Bill entitled An Ordinance to prevent the publication of seditious matter."
First reading of a Bill cotitled An Ordinance
First reading of a Bill entitled An Ordinarce to limit the imposition by public exposure in
the stocks.
.. R. H. CROFTON,
Clerk of Councils,
will be Held immediately after the Council,
N.B.-A meeting of the Finance Committee
SHIPPING AND MAILS
MAILE TEK.
'French (A'èra) 14th inst, American (Nippon Maru) 16'h inst Lattian (Enirang) 21st insi Canadian (Empressof India) 20th inst,
The administration in fact is at present of the simplest. The police force is only ning
The Danish 1.4. Tranquibar left Kuba on strong and has little to do, the medical provih in pm, and may be expected here on sions have not yet been dealt with, and the 20th inst. work of the year, a work which has apparently been very well done has been concerned solely Line, left Shanghai for this port on 13th inst The N. V. K... Kawachi Maru, Eropean with the rescuing of the country's finances and is expected here on 18th init. -
The N. Y. K. a. Jaaba Mary, Haropean Line, leff Singapore for this port on 14th fast and is expected here on igth'last.
from lough of despond, and setting in order some sort of general administration to direct the working of the country'e affaire,
There were present Hon. Mr. Henry Keswick (chairman), Sir Paul Chater; Mr. A. G. Wood, consulting committee; Messra. A haw (manager), P. S. Jameson (secretary), R. 5. Piercy, Lo Cheung Shui, H. Gittins,
how, H. C. Rois, Ho Yue Sang, C. H. Blason and Fok Kam Yim,
The notice convening the meeting was read by the Secretary,
CONCERTS
which was to be held on the VOLUNTEER PARADE GROUND,
•TO-NIGHT, the fathiast, has been
POSTPONED
SATURDAY,-
the arst instant, at 9:15 P.M., owing to the Typhoon. Tickers, "Sa and $7, can be obtained from Mess, KELLY & WALSH, and from VOLUN
RR HEAD QUARTERS. Hongkong, 14th September, 1907. (831
PUBLIC WORKS DEPARTMENT. PARTICULARS AND CONDITIONS of
the letting by Public Auction Sale, to be held on MONDAY, the 16th day of Sep em Works Department, by Order of Bis Excellency ber, 1907, at 3 Pt, at the Offices of the Public the Govemer of One Lot of CROWN LAND, at Shaukiwas, in the Colony of Hongkong, for a term of 75 years, with the option of renewal at a CROWN RENT to be fixed by the Sur veyor of His Majesty the KING, for one further term of 75 years.
PARTICULARS OF THE LOT.
Registry
Locality.
• Boundary Menurements.
#.
+ 1. W
feet feel feet float
63 tan T 7,900
Annual Real
**Upset. Price.
Hongknug, 9th September, 1907.
BY ORDER OF THE MORTGAGEES.
3,600,
1816
Docks, Wharves and Godowns-Kowloon Wharfs have depreciated to $64. Hongkong and Whampoa Dacks are on offer at the reduced rate of $194. Shanghai Docks have declined to Tis. 78. Hongkew Wharis have MESSRS, HUGHES & HOUGH have strengthened to Tis. 329 with sellers in the North.
Lands, Hotels and Buildings.-There are further buyers of Hongkong Hotels at Stop,
but no shares are obtainable at the rate." he report of the directors of this Company for the half-year ending June 30th, 19 7; in issued to shareholders The profit and loss account, in. clading the sum of $371.53 brought forward' from fast account, shows a credit balance of $73,88150, which the directors recommend should be apportioned in the following man- per To pay a dividend of 8 per cent. ($4) per share for, the half-year, which will absorb $48,000.0 transfer the
sum
of $10,000 to repairs and renewals account- To write off furniture and fixtures $4,958.62 and to carry forward the balance of $10,925.88 to new account Hongkong Lands are obtain. able at $97. Humphreys Estates are wanted at $roj. Shanghai Lands can be placed in in the North at Tis, fox.
Cotton Mills-Ewos are firmer and buyers prevail ut Tis. 65. Hongkong Cottons are unchanged and without business at $ 1. Other stocks under this heading are unailered. '.
Miscellaneous.-There is 3 demand for China Borneos at $9, and China Light and Powers at $6. China, Providents are quiet at $9. Dairy Farms have risen to 5t6) with
|
received instructions to sell by PUBLIC AUCTION,
હ
WEDNESDAY,
the 24th day of September, 1907, at 3 PM, al their Sales Rooms, B. Des Voux Road Central.
THE FOLLOWING
VALUABLE LEASEHOLD.
PROPERTY
IN ONE LOT. registered in the Land Office as THE RE- ALL THAT Piece or Parcel of Ground
MAINING FORTION OF SUBSECTION A OF SECTION OF THE RECLAMA- TIUN TO MARINE LOT NO. IOA TO- GETHER with the three maisuages and premises thereon koowo as Nos. 27, 29 and 11 Des Voeux Road Central Ansual Crown Rent $97.04. Area 3,514 11/11 square feet.
Particulars and Conditions of Sale can be obtained of
Messrs. EWENS & HARSTON, Vendors' Solicitors,
Messrs, HUGHES & HOUGH,
The Auctioneers. Hangkung, 7th September, 1907.
or
FOG SIGNAL.
ON THE GAP ROCK.
'814
A notice to mariners it the Gazette slates
The Chairman said:-Gentlemen,-1 pre sume you wish me to take the report and statement of accounts as, read. The period covered by the accounts now before you has been one of unprecedented depression for thote interested in the yarn 'trade of the Colony, Since our inst annual meeting most of the local native yarn merchants have failed, and this, coupled with the congested state of the trade, has been in a very large measure responsible for the poor result of the past year's working. Our stocks of cotton and yarn have been taken over at s. fe prices, and under the adverse circumstances obtaining during the past year I trust that you will consider the gain on working of $9,252.44 | satisfactory. The property is all in first class conditio. Towards the end of April last the outlook was far-from encouraging and we con- sidered that it was necessary to curtail the production. This we did by reducing, the number of spindles running. It necessitated dispensing with the services of about half of Cur work people, but the method' has proved more economical than working short time, and we are continuing it. In former years ws inquiries. Peak Tramways have buyers at $12 | that on and after the 1st of Jaquary, 1958, an have been able to dispose of almost our for the old shares and $14 for the new shares explosive detonator will be fired every ten entire production locally," but" owing to the| (Sr paid up). Hongkong Ropes can be sold minutes during the prevalence of log, instead dislocation of the trade here, consequent upon at $25. Steam Laundrys are out of favour of he gun as heretofore. the aforementioned failures, we have had to seek fresh outlets for our spinnings, and with this end in view have introduced our yarns to the coast ports, where, I am pleased to say, they have been well received. It is doubtless obvious to you that an industry such as ours is largely dependant upon the prosperity of the country people, the principal consumers, and that anything affecting their welfare, such as crop failures, rebellions, foods, &c,, affecis us also. China bas had her full share of these evils of late, and we can only hope Your consulting comittee has felt justified in era of prosperity is în view.
proposing to you that $50,000 should be taken tribution, and I trust you will approve, Before from the equalization of dividend fund for dis. asking you to pass the report and accounts, shall be pleased to answer any questions con cerning them.
that a new
No questions were asked-
The Chairman proposed the adoption of the report and accounts.
Mr. Blason seconded.. Carried.
On the motion of Mr. Lo Cheung Shiu, se conded by Mr. Fok Kam Yim, Sir Paul Chater and Mr. A. G. Wood were re-elected to the Consulting Comittee.
Mr. W. Hation Patts was re-elected the Com pany's auditor for the enining year, on the notion of Mr. Piercy, seconded by the Mr. Giltins.
·
at 16. In their report for the year ending 31st May, 1957, the directors state that the balance at credit of profit and loss account is $15,978.14. Out of this sum the directors recommend that a dividend of 87% (jo cents) per share be paid to shareholders, which will absorb $8,000 and write off machin- ery nod, plant 17,500. The balance of $478 14 to be carried forward to new account. Langkats
Sales of Watsons have been effected at $1‹ §. are in favour at the increased rate of Tis. 330.
Do,
TO-DAY'S EXCHANGE.
Salling.
London-Bank T.T.
demand......
France-Bank T.T.
Do. 4 months' night..
America-Bank T.T.......... Germany-Bank T.T........... India T...... Pregam
Do. demand...... Shanghai-Bank Ț.T... ingur Singapore T.T. Japan-Bank T.T.............. lova-Bank T.T.
Buying
H
do.
2/2 9/16
1/2
-
THE OPIUM QUESTION.
-"Alpha" writes to a Singapore contempor": ary:-Adverting to the opium question, which is now engaging the attention of a large section of the public, may I be allowed, through the medium of your journal, to make a few remarks on the assumption of the Government abolish- ing the opium monopoly, and the Legislature ultimately prohibiting, absolutely, the importa- tion of that commodity except for medicinal purposes?
For the sake of argument, assuming : that opium works all the evils attributed to it by the anti-opiumists, the question is: Would the .....3/3 Government be able effectually to prohibit.its
2.78 importation?
531
Notwithstanding the sympathy felt for 1.263 opium-smokers, the majority of them would „1651 Fresent the legislation, and the craving for 16' opium would continue. Smuggling would ......73 then be a crasive business, and many of the 5% premtowkays, who now ostensibly denounce the 1083 habit, would be drawn to the business by the ...........................1331 | coormous profits,derivable from it. I am sure twice, the strength of the police force would
1 months' sight LfCs sung a beacon.3/31/16 not be sufficient to cope with the work of 6 months' sight L{C.
..2/3 7/16 stopping the contraband trade. he polica 10 days sight San Francisco & New York $4 force, particularly, the native element, is not 4 months' sight
55t like Casar's wife-cotiroly above, suspicion. jo days' sight Sydney and Melbourne... 1.3 7/16 | It is greatly to be feared that there would be
gentlemen, Thank you for your attendance-4 months' sight Germany
The Chairman-That-finishes the meeting, 6 months' sight
4 months' sight France2.84 wholesale corruption, knowing, as we do, the strong incentive to it which lärge bribes would ......................2.86
especially on such a bad day.
ma-sama.311 Loffer. Bar Silvers
The result would be that notwithstanding .........31 5/16 Bank of England rate
.41 % | double expenditure on the police force, not to „31 % ⠀ speak of the loss to the revenue, oplum would 59.02 still be largely,consumed, as it would be sold sold more 'cheaply, and the object of the puli- opiumists would thus be defeated.
THe uoprecedented scarcity of rain at Raub has resulted in great scarcity of water, and it is contemplated closing the miniature reservoir of the towo except between the hours of 7 and
Bank of France. Anvasion...
n'
10 am. and 2 and 4 p.m. The lack of water is THE Vanilk Cablenews, of 8th Inst, says: causing great inconvenience to the residents. Tu Chan Cheng and Chia Wa, two Celestials The newly acquired motor service has brought who dealt in lottery tickets contrary to the law fresh residents to the town. If the drought and statute provided were yesterday fined, the continues, the people will have to go and live former Paco and the latter Pso, in default of on the river banksi - Mulay Mail,
the payment of which they were both conduct-
ed to Wolf's hostelry, Cheng to spend 40 days ANOTHER opium cure is reported from Burms. there and W in days. When Wa heard of Like the Malayan cure, it was discovered by a the ten daya' imprisonment for the short
.
ין
To cover the extra expenditure with a reduced revenue, the Government would, necessarily, resort to additional taxation, and virtus would be taxed in lieu of vice:
As for China prohibiting the importation of
Intimations
THE
ROBINSON PIANO
CÓ. LD.
INVITE INSPECTION OF THEIR.
BABY GRANDS
BY
STEINWAY,
HAAKE,
WINKELMANN,
&o., &c., &o.
Prices from $750.
Hongkong, aand August, 1907.
THE ORIGINAL
CANADIAN
CLUB WHISKY
19.01
Canadian Club
Whiskey
Kiramder & Sons
Halterville Guard Somads
SON DRAAT QUEDANJ GOPROLE IN ST Filme Codes in Capsules kenë me nana
DIMAJER OF CUTHYRNEGIES
opium, it is too big a question, to discuss here PER CASE 12 BOTTLES...$20.00 in. With the proclivity to bribery in the highest officials, it seems to me to be Utopian
Chinamas, sad the cura is a Bermess jungle | coming he was evidently pleased that it was to expect them to carry out effectually the Beware of Counterfeits.
plant, which sometimes grows into a big tree, not worse and went to Bilibid with a feeling of Imperial Edict.
but which does not bear flowers. The leaves reliel As bis falling into the hands of the ·
and he main stem are deadly poisons, even warden of the inpular bastile may cost him his UNDER instructions received from the
AGENTS
the main root is a deadly poison, but the small right to live in the Philippines he may laugh Secretary of State for the Coleales, Mr. F. H. PRICE & Co., Ltd., er rootlets that branch from the root are the on the o'ber side of ble face when he walks | G. Figg has been apppinied Director of the medicine. A decocilon is made of these root out of the gates ten days bence into the arms of Observatory in succession to Dr. Willem WINE AND SPIRIT MERCHANTS lets, and it is administered daily for seven days the socent service man detailed to conduct him Doberck, retired on pension, with effect from before the babit is dropped,
the Işib lust,
to the ship's sider
--13, QUREN'S ROAD CENTRAL, Hongkoum, rath September, 1000,