292
BELL'S ASBES205' BASTERN
· AGENCY, LID..
'ANNUAL MEETING..
THE HONGKONG TELEGRAPH FRIDAY AUGUST 6 1909.
PROFIT AND LOSS ACCOUNT.
Dr.
d.
To trade expenses
44
10
12
To Loddon office expanses To directors' loos
230
I
250
25
$4
To auditors' fa.......................................LADEN. To debenture interest s To income tax......................... To advertisements To depreciation on furniture......
The fourteenth ordinary general mealing of. the shareholders of Bel's Asbestos Easter Agency, Limited was hold at the offices of the company, Londen, on July 7, 1909, Mr. A. G. Angise (Chairman of Directors) presiding. The Secretary (Mr. G. Lennox) having read the notice calling the meeting and the auditors re- To balance, net profi port, the Chairman pid:—
Gentlemen,-I presume that as usual you will take the raport as raad. Before dealing with other matters I would refer for, eno moment to one or two figures in the balance- sheet. It will be observed that the net profit for 1908-is not quite so good as for the previous year's working, but the year 1008 docs ser figure as a record one in the balance-sheets of most companies, and we must not complain when'in such a period our. figures are slightly below the level of the pre- vious year. You will see that, by the allocation of
the disposable balance shown in the profit and loss account proposed by the directors for you to pass to-day, we intend to finally deal with the item under the beading of "Purchase of Trading Rights."--Thin, l-may-say, was the copsideration-for obtaining the charter under which the company has been trading, and that
It il now all written off may, I think, be con aidered as satisfactory. The amount of the debenture boad" you will sec is decreased by
U
By discount, &c, ".... By commission.............twi By profit on trading
•
d.
4
Cr.
L. 17537
5
227 14
1,448 0
i
£1,852
BALANCE SHEET,
Liabilities, Dr.
To authorised capital -
8,604, shares of 16 £ each:
THE JAPAN-CHINA SYNDICATE---mids for an ample working food, Chinese
CHINA BORNEO CO, LD.
WORK FOR THE SLIPWAY.
The Sandakan correspondent of the Singa pore Free Preus willes :--
We hear the Sabah S. S. Co., has placed an order with the China-Borneo Co., Ltd., for the particulats are not yet public property, but wo construction of the hull now steamor. The
advance on anything yet attempted locally. understand the boat is to be a considerable
5. Y. "PETREL." hands of the Obina-Borneo Co., as the result The Governor's yacht_Refref_is_now in the of a fire in her buskers a little time ago. We have not heard how serious the damage is as yet, but the vessel is on the Company's patent slip at present,
A BRITON IN SAIGON.
"
proferred to pay for materials supplied on the Instalment system, while discount would have ADOPTION OF PROSPECTUS.
to be allowed and other concessions made. Al The thirty-six representative businessmen these conditions were inseparable from basl pets transacted with the Chinese and should who held a meeting on the 13th ult. at the Mit accordingly be provided for. Taking advan. 187 sul Club, Tokyo, to consider the, prelimslmaiten
for the formation of the proposed syndicats for tage of the presence of the Minister of Finance 0 .o | met again Mitsui Club on the 20th (Marquis Katsura), the financial magnates, Chinese present included Baron Stibus and other intendat rod to ask whether any
viber influepilat men at the meeting, sawa, Mr. Masuday of the Mitsui Bussan Kaisha, arrangement had been made for dealing with 697 169 Mr. Kondo, President of the Nippon Yason this matter successfully, if such an arrange 1,1545 Kaisha, Baron Massuwo, Governor of the Bank rent had been made, he would not press
for of Japan, Mr. Toyokawa Ryobei, of the Mitar details. But if nothing bad been done in the £1,852. * 8 Bishl, Baron Takahashi, President of the matter it was ridiculous to propose a capital of Specio Back, Bardo Mitsu), Baron Iwasaki, &c. 1,000,000 for the syndicate. For undertaking
The meeting adopted the prospectus and a draft of the Anicles of Association of the syndi-works in China, which were boundless, in ex- tent, five or ten million yen would not be sufl- cale. The prospectus provides that the object cieni. In the event of the syndicate under. of the concern is to undertake the investigation, the drawing up of plans, and the construction taking sech works without making proper of railways and other engineering works, ship financial arrangements, he could foresea building, electric and other works, and also to nothing but disaster for the concern,
Mr. Wakatsuki, Vice-Minister of Fisance, invest money directly, or indirectly in poder- takings in China or supply capital, to indus- replied, but his remarks did not appear to,
The "Continental i Saigon's leading hotel, trier in China. The capital of the concern will satisfy the assembly. Marquis Katsura and
a most imposing structure but very expensive 1,000,000, of which one quarter will be other presset regarded the question raised by called up for the time being. The Cyadicals, Mr. Matsukata as reasonable, and it was as French hotels go. One never expects is will be constituted a limited liability com- end that the matter should be thoroughly France, or her colonies, to pay anything like the amount in Britain or the United States. investigated. pany. The concern being in the natura
As already stated in our columns, the Mitsu On learning that the tailff en pension was S. of a syndicate, the shareholders, will not be Bish Company, one of the most important per day I bowed gracefully, jumped into the allowed to transfer their shares without obratze To subscribed capital:-7688 shares, £ding the approval of the board of directors, financial concora in Japan, has refused to joinvolture and rattled off to the Hotsi des Nations, 11/6 cach, fully paid 4,80s 0 0 The company will receive a suitable the syndicate. Is sa laterview with depreThis, too is a good hotel but I was invited
to climb of steep To sundry Creditors-London and
muneration for services sentative of the Osaka Mainichi, MË. Branches.................8,795 13 0 contracts for worker vines rendered in obtaining kawa, the general manager of the company, actually, and to pay se pairs to the reol, 500 since the last balance sheet. Since the |To debenture boad ******....... 1,000 contractors, in the event of the company letting stated that he had been invited to attend the meeling of the promoters on the 13th instant out any work,
at the Mitsuf Club, but he was unable to do so, The Articles of Association of the company as Baron Iwasaki Kyuya, the president and consist of 40 items, divided into six sectioné. Section 1. giver the provisions for the business principal partner of the company, was ill at the of the company as set out in the prospecins time, Mr. Toyokawa said he had no hostile The style of the company will be the "Nisshleed in many branches of business, but his capa-points of the compass. Still In spite of the feeling against the scheme. He was interest Kogyo Kaisha" in Japanese and the "fapacity and condition of health would not allow Chinn Development Company in Eng him to enter upon further undertakings of such llah. The head office of the company moment. Moreover, he had no experience in will be' established in: Tokyo,
The term the business which the syndicate proposed to of the company's business will be twenty years from the data of the registration, of its carry on, and it was not congenial to him. For Tormation, and will be renewable by the these reasons he refused to have any share in the syndicate. He had heard nothing from vole of a general meeting of the shareholders, the promoters since he had communicated his Section II. contains provisions relating to the
decision to them.. It was reported that the
·shares. The shares of the company Will bear
Mitra Dishi was opposed to the scheme, but the names of the prescribed holders. The all he would remark was that the views of the capital will be divided into 20,000 shares of firm in this matter could not be judged from Y50 each. Section 111. comprises, rulea for own views. Baron Iwasaki's vlows would general meeting, which are identical with those not be decided without due consideration of of other companies, Section IV. contains the matter, so that the opinion of the firm could rules for officials-directors and auditork-as in the case of other companies." Section V, not yet be expressed.-Japan Chronicle contains rules relating to the accounts. It is provided that, out of the profit for each half, year 5 per cent, or more will be placed to the legal, reserve, the same percentage to the special reserve, and so amdiot, not exceeding to per cent,, will be paid as bonuses to the off- cials. Section VI. contains rules for the Inauguration of the company. It is provided that the, amount of promoting expenses shall not exceed Yrjpoa.
figures, were made up, at at Dec. 31-last, a fur-To reserve maanmul,300) p 0 ther sum of 500 has been paid off, which will | Te unclaimed dividends ....................
for goods on con-
ba exhibited in the accounts for the current To contingent liability year. The sum now outstanding in soo. The debenture was originally for £5,000, as some shareholders will know, was practically capital; that it has been almost repaid may, the directors also hapo, be considered satisfactory,
Turning now to the general conditions, the year 1908 was not a red letter year in the Far Kast.. to common with the rest of the world, which fell the aftermath of the upheaval in the United States in the autumn of 1907, the condi. tions were not prosperous. Speculation and overtrading at a antecedent date had left their mark, and a residue that had to be liquidated. That liquidation, I am glad to believe, has been pmctically accomplished to a great.extent, and the directors trust that they may look forward to an era of improved condi. „tions, in which they hope the company may s5, cpre its share. Reverting again to the accounts, we propose to maintain a like rate of dividend to that distributed a year ago. The reserve food remains at £1,500, which, I may remark, is nearly 30 per cent, of the capital of the company. The stocks of goods have somewhat increased. but have been carefully-valued. The ganskal financial position of the company, as exhibited. by the balance sheet, will show, on analysis, that the company has worked itself up into a position that is sound. With the improved -Condition which we are looking for, and with soma" furtbet retources, the directors hope to "be in a position to develop business in-direc- tions that it ba's got been bilberio possible to exploit Before concluding, I would mention; as the report sties, that the agreement with the parent company expired on Dec. 37 last. A now agreement has been colored into fora, period of ten years. Generally the new agree mont is on similar-lines to that originally made, which was the basis on which this company 'was loaugurated
I ab beg to move "That the report of the director and the annexed statement of the company's accounts at the. 31s December, 1908, duly sudited, ba now received, approved," and adopted," but before putting the same 1' shkil be piensed to reply tp any questions. shareholders may desire to ask
Me. H..R. Preston conded the mollyn, which was carried voolmously..
signment, per tantra £731-13
To
Profit and Loss ac-` count, Balance from £1, d. last account ...............2,06 5 10 Less amount written off purchase of trading rights.500 á ö Dividends
1908 720 15 0 Reserve. ap
.count..... 300 a
£548 10 to Add profit for the year
1908,
54 542
Note:-Exchange is taken at.
Hongkong at rs. 81. per dollar Singapore at 26, 44. per dollar'
Assats. Cr.
By cash at bank and to handt
London and branches...
By remittance in transit... By Bell's Asbestos Company,
ed-deposit account.
8 o
1,802 12'9
1,55 199
By London assets :- „£ 9ja Sundry debtors... ... 336 1912 Office furniture
By Hoogkong agency assols:
Furniture...
Steam launch 'Sundry debtors...
Stock,..
1309
2,133
By Singapore agency asse
Furniture meist Sundry debtors ... (1,870.
• Stock on com
2,743 6.
By goods in transitufan
By Purchase of trad
0
ing rights. £3,000 Less written 4T 2,600 0 0 By Goods on con. sigomeni, per
The Chairman hen moved: "Thát a dividRy Consigaritent sales end of 13 per dept be declared out of the pro- fits of the company for the twelve months end- Ing Dec. 31, 19084 Mr-Preston seconded the resolution, which was also cafried uponimbusly, The Chairman, pronesed: "That the retiring director, Mr. HR. Preston, be re-elected to the Board." MH. I. Ward seconded, and the resolution was again untinimously, approved,
Mr. Ward "moved, "That Mass Copper Scott, and Clarke be reappointed auditors of the company, at a fee of 5 galnega" Mr. Preston- seconded the resolution, which was carried.in animously
contra
..
-19-
It is believed that early next month all the staps necessary for the formation of the com. pany will be taken and the company floated..
ЕСНО ОF THЕ TYPHOON.
THE CRANLEY-VANDALIA CASE,
Before Lords Justices Vaughan-Williams, Moulton, and Buckley, an appeal was heard of the owners of the steamship Cranley from a' *judgment of Mr. Justice Bargrave Deund's, holding, the Cranley alone to blame for a col- lision between that vessel and the Hamburg. American liner Vandalia at Hongkong during * typhoon in July last.. Both vessels wors at anchor at the wharves, the Vandalia discharg. ing cargo, and the Cranley undergoing repairs, when, at it am, a signal was shown, Indicating a typhoon at a distance exceeding jod nautical miles. The master of the Cranley had her (gwed out to an anchorage, and the Vawlalia stepmed out. - Shortly before midnight on July 28, when the typhoon was raging in the bar bour, the vessels collided,
Mr. Justice Bargrave Deane held that the urgereine, that she was so blame, and had drogged, and the Vandalia had
Thit Court now reversed that decision, holding that there was no negligence on the part of the master of the Cranley. Lord Justice Vaug- han-Williams said:
as an extra.
Madame, who interviewed me, la`s very décolleté peignoir (Frenchwomen never put ou anything like a frack till sun-down) want isto raptures over the cuisine, the wine, thrown in free, and especially ze douche, one of those plus and beadles 'sprays that sting you at all chef's art, the wine and the douche i couldn't get over those six flights of stairs and descended to my volture once more and gave orders to drive to the Hotel de France.
- I was getting to know the ropes of Saigon pretty well by this time, and although the driver, the horse, and the four coolies were all perspiring freely (the latter especially), chasing the cab to the hope of carrying my baggage if ! ever found a place, I enjoyed the situation I had come, for mild adventures and first h pressions are lasting.
At the Hotel de France, I encountered the same difficulty with, stairs, lifte being un know, and although the coolies io despera tion had actually liked two bags from the roof, I made them put them back, the cavol- cade then starting for the Hotel de la Paix... At last here was something! A large balcony. room on the first floor, a writing-tablo, a ward- robapa gilt clock that wouldn't go, traman- dans bed, and a dressing-room with a shower- bath! This amazed me, as the French don't- take baths as a rule..
M'sieur can have the tout ensemble for -55. per day and no extras."
"C'est bon, madame, but the price · seems, little blah."
"Mais,non, m'sigur," said madamé smiling sweetly, but if m'sieur will take the apartments for a week, he can have them for $1.50"
They don't talk of dollars in Saigon, bu plastre, the latter being about a/—each, 48. there was no steamer for Hongkong for a weak I closed with the bargain, much to the relief of the four streaming cooller, the horse, the drivei and all concerned.
"What rot going to all that trouble xemark. ed a friend.
2
1 ANEWSPAPER COMMENT. Dealing will the prospects of the syndicate, à Tokyo dispatch to the Ganka Shimpo remarks bat Germany's commercial policy is, in full swing in the Orient, and her Government and 'people have been in harmonious co-operation striving to acquire'rights and profit in the East On the other hand the Japanese Foreign Office bas afforded no assistance to Japanese business med in promoting their interesis in foreign
We are all free-traders, my dear chap, Countries. For example, Japanese Consular
replied," and especially as regards hotels reports are not worth a sen, being extremely
metal and charge, Exashitamix air the find that certain "grand" hotels hare names, ionccurate in theijafuentin kaha have lost. about Y,000,000 in their Oriental trade and
money. The difficulty is in Anding.it," Mr. Okura has lost about. Y4,000,000
Saigon is laid out with an atrof magnificence, in Korea and Matcharis Syndicates have
To cross the Boulevard Chasser, for example, been formed in Great Britain, America and Germany in co-operation. with the respective He thought that he should be wrong in hold. is quite a little journey, being a hundred yards from side to side. Numerous cafés with cool "Governments and people for the extension of ing that the master of the Cranley had by any their commercial interests in China Being neglect to get up steam brought about the col-looking palms, white awnings, and bands play.. Awarb of this, Mr. Okura and the Miteul pro lago. They bad had the assistance of their ing in the evening make up a gay scene and posed to form a syndicate for business in China assessors, and he gathered from their answers remind you that you are in France again. You can dine alfresco, your table right on the pave with the help of the Government. But the to questions which had been put to them that, Misa Blahi fection does not appear to wel. if the boilers of the Granieg had been lo posillos meat in fact, and watch the crowd fliitting past. come the scheme for the formation of the and in a condition to be used effectively at the Everybody in Saigon goes, home at 11 ami syndicate, and some of the leading business-moment when the first signal was exhibited; and stays there till 3 p.m. when the city is jer ought to have got up steam. But in fact the gun up the principal rue and not even Elta Cranley was undergoing repairs, her fires were policeman. Exercise is taken by going to revel lo such things as "La Belle Helène out, and her bollers were empty, and it was the opera. Frenchmen of all classes simply obvious that, if the master had immediataly proceeded to take steps for getting up steam, "Girode Girofl," heard the tuneful work DISAGREEMENT AMONG FINANCIERS. he could not have got up steam within such a 'Le Petit Dec' and the house wacomwded, The second preliminary meeting for the time a would have been available for the pur- formation of the Japan Chiba Development pose of preventing the collision. He did not Company was held on the 20th ultime at the desire to express any opinion on the question Mitsui Glub, fayitations were issued to 35 wasther the remoteness of the danger to be ap. leading business-mge in Tokyo and other prebended from the approaching typhoon would places, but ant more ban fifteen responded. exonerate the master from the obligation to get Mr.Kuracht, Director of the Political Affairs op steam. He based his decision on the ground sent. A Tokyo dispatch to the dashi states to get up steam immediately on seeing the first that the Mitsu Bishi interests da pot, wel sigual, it would not have been in time to prevent come the scheme, as they believe there is the collision.. Id his opinion the appeal should
be allowed, & jendendy for the syndicate to be utilised
|
COTION SPINNING IN JAPAN.
· A PROSPEROUS COMPANY, A
The half-yearly general meeting of the Fojl Spinning Company, held last week, says tha Japan Chronicle of 20th ult, adopted the re- commendation of the board of directors to distribute a dividend at the rate of 12 per cent per annum. Tha meeting was then converted fato a special general meeting, and considered a proposal to double the company's capital by Increasing it to Y16,000,000. The proposal was unasimuesly adopted. The now shares are to October 1st next one now share to one old, be first offered to all shareholders on the list on Mr. Wada, managing director of the company, repudiated report that the company was to suspend its working on account of the scarcity-
of the stock of raw cotton. Mr. Wada said that the company held a stack of 8,845,050 klo, which would be sufficient to last for seven mouths, The now capital is required for the extension of the company's misla. »The new Cotton Spinning Mill, fitted with 40,000. works now in progress are the Oyama Fourth spindles, estimated to cost over Y1,500,000, the Mine Water Power Electric Work, the cost of which is estimated at over ¥2,000,000, and the Rodogaya Mill. For these lamporary loans bave been made or debeatures issued. The Hadogaya mill is expected to be completed shortly and the other two at the end of this year. Upon the complation of thiss-worke they are extimated to bring in about Y1,000,000 of additional profit.
THE UNITED ASBESTOS ORIENTAL AGENCY, LD,
ANNUAL REPORT.
The report for presentation to the sbare holders at the thirteenth ordinary andusi meel ing to be held at the offices of Mesurs, Dodwell. & Co., Ld., Queen's Buildings, on Monday, the 23rd lost, at 3 p.m., reads as follows:—
The general managers have now the pleas sure to lay before the shareholders the accom. panylog statement of accounts for the your ended 31st May, 1909.
ACCOUNTS,
The balance at the credit of profit and loss account, after writing 'off Saybes for deprecia.. tion and including $1254.76 brought, forward from last year, is 3981.4, which it is proposed to appropriato as follows:- To place to reserve fugd.....$1,000.00 ‚ó pay a dividend of 15 % on ordinary
shares motiveretikinä 5:940,00 .. General managers remuneratioa...: 2,000,00 carry forward to new account on 342.54
$9,382.54
AUDITOR.
The accounts nów presented bave been audited by Mr. W.H. Potts, who, being, eligible, offers/himself for re-election,
DODWELL & CO., LTD,,
General Managers.
Hongkong, 26th July, 1909.),
BALANCE SHEET, 31ST MAY,
Liabijisión. gigoo ordinary *** shares of Sfo; of which
Capital
1,000,00
- Seper share paid.....$39,600.00 ∙100 Founderá',akaras of
$to fully pa Reserve food fr.......... Renatratubenson Unclaimed dividends
1909
-5 40,500.00 ***............................... 45,000.00 499.60 8,038.10 Bills payable Profit and loss account balance 9,78254
$139,608.03
Asetiar
Launches ... Furniture and fittings.... Erse written off.........
Value of material on hand in Hongkong, Singa- pore and Shanghai...
*surance policies ......
med associated with the Mitsu Bishl,refused thea as a matter of good seamanship the mas- practically 'asleep. You might fire a gating expired portion of in
to attend the meeting at the Mitsui Club. In these circumstances it is feared that, even if may not be realisad
PHA HONGKONG FLOUR MERCHANT the company is floated the anticipated success
PREDICTS INCREASE of trade.
The heat of Saigon is notorious. The sol- diers who tell about the “varracks-hava annui
Cash with bankors......... Handry, debtors .......... Cash to hand
written on their features, and the guards are I never saw a more untidy, slovenly looking almost falling over in the heat of the day. lot, with tunics sobptioned in the street, To
in at the ankles grease-stained trousers, bulging like bal- like_a_cyclist. The
Mr. Ward,tising. bald Astbe representa tive of the shareholders, I have much pleasure is proposing a vale of thanks to the Board for their good management of the company, and
Not only Seattle, but the wibje Pacific congratulate them so the figures which the coast will reap inestimabis profits through the are abfb to put before us today, and especially development of Oriental trade in the next few on baing in a position to write off the balance years, and 1 predict that the possession of the of 400 for the trading hights, and to bring the Philippines will enable the American merchant debenture down to practically the nominal summarine in time to dominate the Pacific.irade."
406.hope that when we meet next year said Quan Kai, a millionaire four merchant of Bureau in the Foreign Office, was alsa-pre-that, if the master had proceeded to take steps loans at the hips, and going don't seem to we shall be able to say that debeature does not exist. I think that the Directors have done Hongkong, yesterday, reports Seattle paper,
of ist ult. exceedingly well for us, in the difficulties which
Besides controlling an immense four qui they Hava had to surmount and congratulat "bess, Mr. Quaus is compradore for the Pacific them on the success which they have attained. Mail Steamship Ompany, the Toyo Kispn by the Mitsuj and M, Okura For this Lord Justice Fletcher Moulton said he was holding the rains on a leval with bis bye-
Kaisha, the Portland & Asiatic Steamship Com, any, end is agent for the Portland Flouring
The Chairman Will you include in, that iesolution the staff working abroad, because the result aftained has been as thuch due to them
as to the work, hare?
Mr. Ward::, I will gladly do so, beg to propose a vote of thanks, lo fa Directors, and Staff. It is only the directors who know the value of the work of their staff, and I am quite sure they could not have accomplished these esalis,if they had not a very able staff. in the -East
The resolutiod was agreed to... The Chairman We can only direct policy; It rests with the actual agents and their ways of carrying but whether the company is success. fal or not. On behalf of my brother directors add staff, I beg to thank you very much for the kind remarks made. 1.
4
ANNUAL REPORT,
Mills Company!
"There is no doubt that the future patension the world's trade will he in the Odebt. No country has as great advantages for trade i the Orient as has the United States, continued Mr. Quan. My country is 'most favourably disposed to the United States, and is oxious to do business with this country. Anquşlly China imports millions of dollars worth of goods from the United States bow, and thi trade is increasing all this time."
*
reason they hope all along abstained from of the same opinion. There was no doubt that this decident occurred in the very fiercent the rectief of the Piton tihi firmement of a very violent typhoon. He thought Toyokows, a director of Mitsu
it well to leave captains free to act on the know. resigned his position as a promoter and refused
of each moment with the certainty that ledge to take any share in the company. The offici such action would not be used against them als and leading business-men faterested in the
Lord Justice Buckley also agreed. syndicate are hun at this attitude, and Baron Shibusawa the great pacificator-is exercitlog hit priuence to induce the Mjisa Bishi to sup- pof the syedicate
The meeting da Tuesday, the solb, dispersed Without arriving at any definite decision swing to the refusal of the Mitru Bishi interests, to upport the scheme and also to the small at modautér
in a court of law."
JAPANESE MEDICAL LAW,
NEW AMENDMENT RELATING TO
ADVERTISING.
know, according to our ideas, how to ride Boulevard Charger as fast at the horse can, go or drive. A Frenchman comes down the
•
-0,313.83
$1,159.19 170,05
1,869.14
80,158.16
630.35
39.538.55
10,207,54 970.36
$159,608,03
PROFIT AND LOSS ACCOUNT, 318T MAX, 1909,
11.90 Auditor's leo maunang semin 100.00 interest...
Depreciation for year ending gint.
270-05 Balance.................................inai 9,28254- 59,664,49 brows, hauling in the slack, and stamping By Balance from last account.......$1,254 76 madly on a foot gong. A dreadful exhibition. The French motorist, too, is a perfect demon, but the most motorists are demons1
'Looking at Saigon and Hanoi, the latter still better and far more extravagant, I want to know where does the money come from and what return does the French Govern- ment get for spending such huge sums in Cochin China, Cambodia, Annam and Tonkin? Bulldings worthy of Paris, miillions sunk in non-productive adornment, every second per 100-in-uniform, grand uniforms, and all paid a- good deal more probably than they are worth.
-H, M, M. in Singapore Fres Prist,
FROZEN CHINesh pigs.
[Mr. John Beras, when asked a question in the House concerning the arrival of fmien pig carcases from China, replied, "I don't know and don't caro."]
When members are the usual volley
Of questions on the day's concerns, There's one man thinks the game is folly,
And that one'man'is Mr. Boros, For when approached re China bacon, And how it ranks as breakfast faro, Ho mada reply, his nerves unshaken,
* 1 seither know nor do I care !" ̧
F. J. O, in Sunday Times,
H
Transfer fee
"
Profit op trading .....
3.00
8,406.73
$9,664.49
WIRELESS AT SHANGHAI.
THE PALACE HOTEL INSTALLATION.
With reference to the fate of the wireless telegraphic installation on the Palace Hotel, to which we referred some ten days ago, wo ar -informed that the controversy with the Chinese- Imperial Telegraphs will probably be settled within the course of the next few daysr-It-will- be remembered that the Chinese Telegraphs, white-claiming that wireless telegraphy.in. | Chips is a Government monopoly, have offered to take over the plant at cost price and remova it from the hotel to their own premises. Ac- cording to present advices this view of the mat- ter will probably be upheld., There is no truth in the report that the directors of the hotel have been ordered by the British Mivister at Poking to remove the installation.-N. C. D. News,
-8.8. "TACOMA MARU”.
QUICK PASSACH.
On his pleasure tour of the Pacific coast and visit to the Alaska-Yoken-Pacific exposition, Quaa Kal is accompanied by his two young
An amendment to the Law relating to QUESTIONS BY MR, NATJUKÁTÁ, K. LODS, Quan Chet On, aged 14, and Yor Os aged 12; his nephew, Quan Yuen, a San Fran. A Tökyd dispatch statęs that the proposed Physicians, which was approved by the Diet la cisco merchant, W. Ganong, of. Portland, Capital of the Japan-China syndicate, in which the last session, was published and duly pro- vice-president of the Portland Flouring M1 so much of the financial magnates of Japan are mulgated in the Official Gazelle of Baturday, the The fourteenth annual report of the directors Company, and the latter's son Arigor laterested, is only ¥1,000,000. This has excit. 13th ulilme. By the amendment, medical man to the gist December, 1908, is as follows:- "Thongh, I war, educated on Pacificed a great deal of talk among the promoters, sro prohibited from advertising their abilities, At the latest meeting several of those present methods of treatment, and experiences in any The Direñors herewith present to the coast this is my first visit to Beattle, aid Quan dealt with the point, Baron Shibusawa, Ms. form. All that they may do is to advertise their Shareholders the Report und Accounts, Kal. "We arrived in San Francisco on the duly audited, to the 31st. December, 1908, Manchuria, June 14, and spent a week flere Kendo (of the Nippon Yusen Kaisha), and Mr. Dime, together with any degrees or diplomas A Home Department Order No. 19 issued by The balance of profit, and to account, in a guests of T. B. Wilcox, president of the Hayakawa (of the Mitsul Bank) potting a num-held by them, and their speciality.
ber of questions. Mr. Majankate (of the cluisvé of £648 105, rod. brought forward from Portland Flouring Mills Company. We visited Kawasaki Dockyard, Keba) also put a question the Home Minister probibits proprietors of
a week in Portland where we ward entertained * proxious year, shows a credit of £1,802 16%, 9d.
to Marquis Katura the Premier. Mr. Mat- hospitals and other establishments where by the officers of the company represent. We sakata said that there was an essential matter medical advice is given to the pubile from ad- The directors' recommend that this amount be allocated as follows; To write the balance were in Tacoma for a day and I intend to bearing on the saccess of the operations of the vertising, in any form their methods of treat spend several days visiting this wonderful city syndicate after its formation. On what basis, ment or experience, as well as details of the (400) off Purchase of Trading Rights," to pay a dividend of 15 per tent for the year, free For seventeen years Quan Ki conducted he asked, had the capital of the syndicate been buildings in which the patients are treated. of income tax, absqibing £720, 155, and 10 a wholesale boot and shoe house in San Frat proposed at Y1,000,000. He remarked that in Degrees or diplomas, and the special diseases carry forward 4689 19d, toghe next accoust; cisco, where hollaid the foundation of his for Zogland, which enjoyed a high reputation for treated may alone bo advertised. This applies the sum carried forward include provision for tune. In 1891 he sold out and returned to Chlas successful business syndicates, there were also to dentisis. Those infringing this Order payment on June 1st, 1909, of the sum of £5oo The party plank to sail for the Orient of July powerful financial agents who were willing to render themselves liable to a fine not exceed off the deboutore, jd terms of the bond.
22 on the Bongolia. ་་
negotiate the supply of any sum of money, izg Y100.—Japan Chrońtele. however large, from capitalists and bankers for The agroomed with Bell's Asbestos Com-
the purpose of carrying out business enterprises' pany Limited, having expired on December arst, 1908, a new agreement has been entered MEESAS, Hale & Co. Sulgon, write in their rice which were sound in nature and likely to prove SUB-LIEUTENANT M. E. Highton, serving market report of 23rd alt, as follows:-The low profitable. In these circumstances the capital aboard the cruiser Kent, China Squadron, has Mr. H. R. Preston fetirol by rotation, and ales effected to Java and the Philippines of a syndicate in England need not necar baca promoted lieutenant and reappolated to being gigible, affers himself for fa-election, doing the past week at ruling prices, have arily be so high as Y1,000,000. Y10,000 the end temporarily. Lieutenant Highton permitted to reside la the interior; that they RETURN of visitor to the City Hall Library tended to advance our market to no small or $100,000 was ample, because, the power first joined the service as a cadet In May, 1904, should not be employed as military or police and Mastem for the week ending the 192 Meskin, Cooper, Scott & Clarke, the Com. degree. In expectation of a strong demand fal financial agents who enjoyed almost and passed out creditably, and was promoted officers that they should be dabarred from the August, 190g...
Non-Obinasemaine 433 0 241 pany's auditom, also retire, and affer themselves from these directions Miliars are now adopting honodless credit represented capital worth sub-lieutenant in August, 1907. The present local Councils as wall as forbidden to make las re-appointment.
a cautions policy, and are only open to contract hundreds of millions of yan. Japan bad zo commission of the Kent is drawing to close, direct repessantations to the local oficials and, By order of the bard,
at limits which bayers are reluctant to pay for such powerful donncial agents, To undertak, and she is das for recommissiontag in Novem lasily, that their children should not be allowed the present. At the close, our market shows Ing works in China, a large capital would be ber next, when her two years' upal under Cape to: slined Government educational institu Indications of being well able to puniatain price, locked up, and provision would have to be tin Gerald G. de Marsicaux formientes profert, tiener 17. C. Đ. Nema
LENNOX, Secretary,
IT is stated that as a Chinese Naturalisation. Code has been promulgated in the provinces, the Waiwapa deems it advisable to impore certain restrictions on some Chloess who maturalize themselves as foreign subjects for the sake of protection, but continue to reside is the interior and often abuse their foreign pro- lection to the detriment of other Chinese, The Ministry decides to rule that they should not be
We are informed by the Osaka Shosan Kalsha that the L Tacoma Moru, their Gint Trans-Pacific steamer, which left Hongkong on the 3rd July last on her maiden voyaga to, Tacoma, Wash. (via ports), arrived last Satura day afternoon, the 31st July, being two days sarlier than her scheduled dais of Arrival, care
Chinese
Library.: MuseSA
Total wing
9,548