300
THE HONGKONG TELEGRAPH SATURDAY AUGUST 14 1900.
SILVER RESERVE FUND
$15,250,000,00
$5,250,000,00
Macao Steamboat Co. Chief Officer Suspended. corbo, alive, wat dan takeel:
SUBSIDIARY COINAGE QUESTION.
MR. SHEWAN'S SCATHING CRITICISM
OF HONGKONG GOVERNMENT, The eighty-sixth ordinary half-yearly meet. Ing of shareholders in the Hongkong, Canton and Macao, Steamboat Co., Ld., was held at the office of the Company, Hotel Mansions, at DOOD, last Tuesday, for the purpose of receiving a report of the directors, declaring a dividend electing actor and as directe, and altoctors and auditors. Mr. Robt. Shewan (chairman of directors) presided There were also present:-Maners, J. W. Bandow, G. E. Anton, F. A. Gomes, C. Lenz mann, H. E. Tomkins, W. Helms, E. K. Fuhrmano, H. A. Siebs (directors), W. E. Clarke (secretary),, A. H. M. da Silva, J. M. E. Machado, D. D. Guzdar, L. Berladoague, and W. N. Fleming,
The Secretary having read the notice con.
the meeting. 'venting
"SERIOUS CHARGES AGAINST. MASTER OF "SHIU ON" UNSUBSTANTIATED.
INTERESTING CASE AT MARINE COURT.
-
A very important case was heard in the Marine Court last. Tuesday morning, when an inquiry was held regarding charges of miscon: of the British B., Chin Che Master and Mate of the British ss, Shiu On Linut, C. W. Beck The Asse18oth were Liest. Heary Butter with, R.M., Acting. Harbour Master, presided. worth, RN. (Tamar), P. H. Rolle (Matter of the Fuensang), A. E. W. Hodgins (Mas ter of the s.s. Haigang) and C. V. Lloyd (Mas ter of the s.s. Fatthan). Mr. W. E. L. Shenton (of Messrs. Deacon, Looker and Deacon) ap peared for the Master of the Shiu On.
HONGRONG, AND SHANGHAI BANKING CORPORATION.
ANNUAL REPORT.
י
The pilot's evidence, which was mainly
The Chief Officer stated that they left Wong- moon about 5.55 p.m. Just before leaving one of the Customs official came alongside and hailed him to say that the black typhoon cone was up. The master was in bis room at the
The eighty-eighth report of the Count of time, but he afterwards went on the bridgs, directors to the ordinary half-yearly general and got the ship under way. Witness meeting of shareholders to be held at the City. kept bin watch, and just before the Hall, on Saturday, the arst inst., at noon, is as ship autored Wangmoon be told the pilot to follows anchor where they wore. The argument which
." hai Banking Corporation. whether the vessel should proceed to Hongkong occurred at this time was on the subject of To the proprietors of the Hongkong and Shang.
Gentlemen, The directors have now to sub or stay at Wangmoon. The mastor wanted to go on, but witness objected, and said he did mit to you a general statement of the affairs of High words followed. It was after anchoring, ending 30th June, 1909, not want to go on and get lost in a typhoon, the Bank; and balance sheet for the ball-year and not before, that the master told him to go to his room. He did not ga Immediately, but went shortly afterwards, and turned in. He denied that the master ordered him below again in the morning when he came on deck 7 o'clock or at any time that morning They had some more words, however, and the master told him that he had another man whom he wished to put in ble place. The witness added that the captain did not say so in so many 1. Disobeying and refosing to obey lawful words, but gave him to understand that such was the case. Witness did not immediate orders.
z Drunkenness while on duty,
ly obey the master's orders on anchor 3. Causing prejudice to good order and dising at Wagmoon, because be though! clpline on board ship,
there should be some one on deck. It was The master of the S.S. Shiz On (A. N. not for him to say who should remain on Seaton) was called to the box.
deck. The master did not come out of his room. Elo was under the influence of drisk at the time, and witness did not conelder him fil to take charge of the ship. In spite of that he went below and turned in.
After the usual preliminaries, Mr. Shenton opened the proceedings by saying thare were three charges against the Mate (W. J. Hanlon) which were as follows:-
Mr. Shenton-How long have you been at
ten?
Witness-Thirty-two years..
During the whole of that time, was there any question ar to your conduct at sea-No.
Were you on a voyage from Kongmoon to Hongkong on the 19ib July 7-Yes.
The mast of the Shin On, recalled, stated that after he arrived on board shortly after six on- the 18th July, just before sailing, the com Proceeding, witness said that when he got pradora came and complalded to bim that the. clear of Kongmoon at 5.50 p.m. on the 19th Chief Officer had thrown two baskets of pas senger luggage overboard. The ship was July, the Chief Officer (Haslon) was on the bridge. While going down the Southern Chuonel, the pilot, Chief Officer and quarter alongside the wharf at the time and the luggage master were on the bridge, where the mateas-recovered. The only steps witness took was to ask the Chief Officer what he meant by remaised for about on hour. Io witness his action. opinion, the Chief Officer bad been drinking. By the Court-He looked as if he had been
The Chairman said:-Gentlemen,-The ro port and statement of accounts having bean in your hands for the usual period, we will, whh Your permission, tako ibem as read. It is with fealings of great pleasure that your directors present you with, what must be considered, very satisfactory figures for the half-year's working, and we trust that the proposed appropriations of funds will meet with your approval. The net earnings of steamers and the amount at crodis of profit and loss account are the largest for any correspond- ing period since 1903, and the groan earnings exceed those of any timilar period in the history of the Company. The result now laid before you bas baca attained under severe competition, and increased charges of over $40,000 in con sequence of low exchange, increased light dues and loss in exchange of subsidiary coins, as com- pared with the corresponding period of last year. The total loss by subsidiary coloage amouoted to $18,589,64 for the period under review. You will notice the very substantial increase of $79,446.25 in investoients in public companies, since the last report. This increase is due to further investment of $39,607.75 and the appre-drinking-His face was flushed and he ciation of values over depreciation amounting sarcastic. to $39,838.50. A similar amount of $39,838.50 is shewn to the credit of the fluctuation BC- count. All the values of our investments accordance with, have been adjusted in the quotations current at close of the balf-year, Business being very slack dur- Ing June the opportunity was taken, to replace the defective paddle shaft of the steamer Bouam by the new shaft recently re- ceived from England. All the vessels of the feet are now in good order. I donol think of anything else calling for special comment, but should any shareholder require any further information. shall have pleasure in answering any question, There being no questions, Gentlemen, I beg to propose the adoption of the report and state. ment of accounts as presented.
Mr. Fleming, in seconding, said that the management and shareholders might be cons gratulated on the excellent report presented.
Carried unanimously.
On the motion of Mr. Fleming, seconded by Mr. Machado, the appointment of Messrs. J. W. Bandow and C. E. Anton as directors was coo- firmed..
Metart, C. Lenzmann and H. E. Tomkins were re-elected directors on the motion of Mr. Silva seconded by Mr. Berindoague.
The retiring auditors, Messrs, A. O'D, Gourdis and W. H. Potts, were re-elected for the ensuing half-year, on the proposition of Mr. Silva secqtded by Mr. Machado,
The Chairann: That concludes the business of the meating, Gentlemen, Dividend war. rants are now ready and may be obtained-uppa application. Thank you for your attendance.
SUBSIDIARY, COINAGE QUESTION, The Chairman Im very glad, Gentlemen, 'that I can now conclude the formal business of the meeting with the announcement that dividend warrants may be had on application, The account put before you is a very good one, but falmam qui meruit, ferat and on that principle I'am bound to admit that for a great deal of its goodness you are indebted to the unwearied cars and vigilance of your secretary,
The master was in his room about an hour, when his ship overtook the Shun Lee and wit ness stood in the doorway to see how they got on. About 8 p.m., the pilot, according to his orders, slowed down and the mate commenced to criticize bisuction in a loud tone of voice.
Was it loud enough to be heard by abyace on the bridge?-I don't know whether they could hear it in the pilot-bouse. heard it. eight feet away.
After that, witoast went on deck and Hanlon commenced to use most abusive and filthy language.
What, in your opinion, was his condition at the time? He was drunk and I ordered him on to the bridge.
What did he do?-Be said he would see me in hell first. He would not go to his room but went on deck pill abusing.
About this time, did you say anything to the pilot about anchoring at Wbangmoon?—Yes.
The abusing continued right up to Whaog moon. Witness told the pilot to anchor at Whingmoos. Hanlon contradicted the order with a sneer. After this, witness want to his cabin. Haslou kept paclog up and down in Iront of the cabin and said he would do for him. Up till what time did he remain on the bridge? He kept coming in and out till o'clock. After 2 o'clock, how long did he remais in the cabin-?-Uotil seven in the morning.
What time did you weigh anchor at Whang. moon 7-At 5,30a.m.
At 7 am what happened?—The mats com- menced.abusing.me again.
Were you on the bridge then -All the way to Hongkong.
Did this continual abusing (from 8 pm. till 2 .m. and 7 a.m. till arrival in Hongkong) impede you in your duty as master? It was vexatious and annoying but did not impede me in my duty.
What should you say was his condition at 7 m. on the 20th? He sobered up.
What happened when you reached Hong kong? He went ashore immediately the ship
was made laste
By the Court-Is..it customary to ask for leave to go ashore when the ship is made fast? No. As soon as they do their work, they can
By the CountWhat led you to think he was under the influence of drink?-He created, a disturbance on the wharf.
Did he come on board?-Not for 20 minutes. This time he abused the Assistant Manager and the compradore.
Continuing, witness said that" after that be went to fin. After tiffin, Hanlon was 10 abusive and threatening that witness want to the Harbour Office for protection, where he was told by the Assistant Harbour Master to get rid of him by discharging him."
|
The net profits for that period, including $2,006,334.08, balance brought forward from- last account, after paying all charges, deduct ing interest paid and due, and making pro. vision for bad and doubtful accounts, amount to 55,493,445.41.
The directora recommend the transfer of $750,000 from the profit and loss account to credit of the silver reserva fund, which fund will then stand at $15,350,000.
To balance
By balance 31st December, 1908 $14,500,000.00 By transfer from profit and loss
750,003,00
$15,350,000,00
account
DISOBEYING HARBOUR
REGULATION,
MASTER OF 6.5. "PERSIA" FINED,
In the Marine Court, last Monday, before Lieut, C. W. Backwith, R.N., Acting Harbour Master, Mr. A. E. Davey, Chief Boarding Off Car of the Harbour Department, proceeded against Caplain W. R. Jeffcolt, master of the sa. Parria, for failing to outer ble ship at the Harbour Master's office on the 4th inst. in not depositing the ship's articles, register and clearance from the last port, within 24 hours of her arrival at Hongkong.
After making this transfer and deducting remuneration to directors there remalne for
The Chief Boarding Officer stated that the Persia strived on the 4th lost, about 8 pm, and appropriation $4,728,446.41, out of which the directors recommend the payment of a divid-entered on the morning of the 5th last. It was end of two pounds starling per share, viz
240,000 which at 1/91, the rate of the day, will repeated to him by the Batrance and Clearance clerk that she failed to comply with the re absorb,$2,716,637.32.
gulation.
The balance $2,001,819.19 to be carried to new profit and loss account.
BRANCHES AND AGENCIES,
...DIRECTORS,
Mr. G. Friesland having resigned his seat on. leaving the Colony, Mr. J. W. Bandow has been invited to fill the vacancy; this appointment requires confirmation at this meeting.
The master of the Persia stated that he had been at Whampoa for some time on board the Persia, at which place he had been laid up. He A branch office of the Bank was opened at deposited on his arrival the ship's articles, regis
ter and clearance at the British Consulate at Capion on the 6th July.
Canton. He knew it was necessary to bave these papers again before entering Hongkong, but Mr. Lossius, who had been sent up by the Pacific Mail Company to assist him by his local experience, assured him that they were certain to send down to Hongkong by mail the ship's papers and that he had known many such cases. Acting on this advice, he proceeded-on-his-voyage. Nothing-was-for ther from bit, intention than to treat with con- temp! the Congular Authority, although he fall that it looked very much as if such had been the case, and he hoped the Court would accept his explanation.
AUDITORS,
The accounts have been audited by Mr. W. Huston-Potts and Mr.J.-W.-C. Bonnar.
W. T. GRESSON,
Chairman.
The Court was then cizared for the finding which was to the following effect-Wa and the charges made by the master, Alexander Nelson Seaton, against Williafir James O'Hanlon proved and that he was drunk on duty during* the 18th and 'igth July and that during which '. time his conduct was prejudicial to good order and discipline and mutinous. Further that the charges made by the bief Officer against the Master were unsubstantiated and therefore vexatious. The Court therefore orders hit. certificate to be suspended for two years.
FIRE 'IN BONHAM-STRAND,
$4,000 DAMAGE. DONE. Shortly after three o'clock last Saturday morn ing, fire broke out at No.6, Bonham Stand East, Dear No. 5 Police Station, the ground floor-al which is used as a jeweller's shop. On the occur rence of the conflagration, which appeared to be a small one, headquarters were immediately notified and a contingent of fire-fighters, in charge of Mr. P. P. J. Wodehouse, repaired to the scene with their usual promptitude. The fire seemed to be confined to the lawer floors and no trouble was experienced in get ting the flames under control, which was ac complished in a abori space of time. As far as we can ascertain, the damage done does not appear to be great. We learn that the house was covered by insurance in several companies, including the South British, Phorals and Marine Fire Insurance Companies to the aggregate amount of $4,000. The origin of the fire is not known.
PETROLEUM WAR”İN “JÄPAN.
RISING SUN 2. STANDARD OIL
Competition going on between foreign oil and the domestic production is giving way to brisk rivalry between the English and Ameri cap oil companies, says the Japan Times. Every year, it is true, petty competition is re peated between the Rising Sun Oil Co, and the
Standard Oil Co., bolb contesting the commer cial.feld in the Far East. In view of mutual. advantage a compromise was once tried be- tween the Standard Co. and the Asia Oil Co., of London, which is closely related to the Ri Did he return to the ship that day?-Heing Sun Oil, for the limitation of sphere of came back at noor under the influence of business influence for mutual good. The nego liquar.
tiation having proved fatile the two rival com- panies have come to the conclusion to engage lo a decisive competition and both are now pre- paring to enter brisk competition in the forth. coming demand season in Japan, Korea and Mancharia. It is said in the coming war, ug like competitions hitherto carried on, each is determined to take away the commercial field' and influence of the other, driving the latter out of the Oriental market. As the first step of preparation for the campaign in view, the Rising Sud Co. has started a reform in the organization of its business system'aiming åt the uniformity between the head office, branches and agencies to facilitate active movement in commercial campaigs. Thys the company has newly opened two branches at Nagoya and Hekata, closing or amalgamating some sub- branches or agencies. It has also decided to adopt a uniform rate throughout the coun try in the conveyance charges of oil while oil is to be sold at actual price. Against. this the Standard Oil Co., which has hitherto taken a passive attitude bas opened s decisive, active movemçaj. To begin with the company has carried out a change in the management of its business superintendence in Japan and Korea appointing Mr Clarke, Gen eral Manager in French India, to General Manager in Japan and Korea jo the place of Mr. A, T, Cole, and also opened a branch under
Did you come to the Harbour Office on more than ibis occasion?—I went there three times during the afternoon.
What was the result of your applying to the Harbour Office?-He was takeb in charge by the Water Police.
In what condition?-He was somewhat sober, having bad a nap, but he was very much excited.
Is it possible for him when on duty on the
bridge to have drinks supplied to him? Yes, by calling the boy.
Mr. Clarke. 1 verily believe he cats and drinks and sleeps and dreams all the time thinking of bis Company and your interests. Before one eye he sees that broad shining river with his boats rapping up and down and before the other lies. outspread the Portage Bill and Expenses sheets over which he sometimes groans aloud. (Laugh tar.) You could not have a beiter secretary Fora man more devoted to your interests, but with all his care and much as he loves to pour over, his accounts and analyse and compare them, there is one item which, 1. am sure, ba is ashamed of and for which: I, too, would blusb i 1 know how, That Is the item of S18,589.64, loss on subsidiary coinage. That 1 a pretty confession for the chairman of a Company to have to make and a nice burden for British company in a British Colony to have to bear, At that rate of loss, $56,000 per an num, we shall have lost in less than five years over a quarter of a million of, dollars. That may seem a small sum to the rich and pro- sperous Government of Hongkong, but it is a very serious charge on a company like this- and we are not the only company that suffers and I cannot believe that the Government mean to look on quietly and do nothing while we abffer these heavy losses. It is true that in the past we owe little to those who sit In bigh places for commencing with those old sailing ship, captains and merchants who re- fused to quit the port when ordered to do so by the sapient Government of that day who wanted to abandon it down to the present we Bave usgally had to look after ourselves and take care of ourselves in a crisia, but although the Colony has been made by trade and built up by traders. like ourselves still we pay our taxes and have a right to expect something in return from those who receive the money. In business there are few worse things than a dishonoured signature, but in this case the Government is not only disbonouring it bills but is actually allowing the superscription of our Sovereign to be dis honoured on their coins. Incidentally, they are throwing away what used to be a foo source of revende, but that is a small matter to them which can be easily remedied by slapping another tax or two os us poor -Issachara. We all know, or at least wo have the word of a great man for believing, that the world is governed with very little wit- dom, and so we do not look for much wisdom or courage or foresight from those in authority overus, but even so granting all that the apathy and sapineness they show in a matter so seriously and so profudicially affecting the Interests of the whole community is amazing
Why did the Skis On have to wait at her and astounding even for, them. (Applause) The Secretary bas reminded me of another wha: half-an-hour on the 18th of July?-She polet: Shipping people know well that fares did not have to wait half-an-hour. She railed and freights cannot be raised as we like bat at the appointed time.
At this stage, the official 15g-book containing the Master's statement and bearing the sigon Lures of the Master and pilot, was produced,
By Captain Lloyd--What steps did you. take with regard to the stopping of the Chief Officer's liquor after you had seen his con- dilion on the 19th July 2-1 instructed the steward not to supply bim with any more...
By Captain Hodgins-Have you ever had any trouble with him before -No,
Mr. Hanlon-Did you read the official logs book to me on board ship?—No, you were not in a condition for it to have been read out to you.
Witness explained to the Court that he had made the statement on a piece of paper and at the time had not entered it to the log-book, He did not wish to get the Chief Officer Into trouble and had fully in tended to des troy the document if the latter bad quietly returned to work and, if all went well...
You said you were on the bridge as the 10th when the Shun Les passed?--Idi
Did you see the Chief Engineer talking to me when the Sun Zée passed?-1.did.
Did you see the typhoon siguals up when' leaving Kongmoon? Yes.
are governed by competition. It all comen 10 What condition ware you in when you join- this that if the Government did its duty waed the ship at six o'clock on-the-18th-Joly
My ordinary condition. should not be forced to receive coins that are
worth less than their proper value by six to ten Shts On, also gave evidence.
Mr. John Barr, the Chief Engineer of the per cent. (Applause.)
This concluded the business of the meeting. Company, stated that he was present on board Woog Pik Tang, socratary to the Skin On
the Shiw On at noon on the sath July, The RAILWAY traffic between Herbin and Kuang. Chief Officer swore at him and called him a changtae, which had been interrupted by the coolle. He waved his hands about and ap: Spodo, has been resu
peared to be greatly excited.
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direct control at Nagoya instead of the agency
hitherto existed and appointing Mr. Morion manager. In the circumstance a beated com palition, almost unprecedented, is expected to be witnessed in the oil market of the Orient in the near future
FOR the benefit of those who are preparing for the arrival of typhoons in Hongkong, it may ba stared that a local shipmaster who is a sort of Far East"Old Moore" has discovered that the next typhoon to strike the Colony will be ex- perienced on 24th August, at about 4 p.m. How he worked put this prediction we have no prophecy proves correct he will take up be means of knowing but it is probable that if his question of the date of the battle of Armageddon and the coming of the millenism.
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Hongkong, 10th August, 1909.
ARSTRACT OF ASSETS AND LIABILITIES. 30th June, 1909. Liabilities.
...$ 15,000,000,00 Paid-up capital Sterling reserve fund £1,500,000
@ex 2/
Silver reserve fund
Marine insurance account .armenia Notes in circulation :—
(Authorized issue
against securi ties and coia. deposited with the Crown.. Agents for the Colonies, and' their trustees $15,000,000.00)..
Corrent accounts--
Silver...$ 95,414,652.37 Gold, £4,997,726 4. 15. 50.
56,730,866,07
Fixed deposits-
Silver............$62,034,168,85 Gold, £4,661,536
121 $2,954,800.97
Bills Payable (including drafts on London Bankers, call Toans and short sight drawings on London office against bills receivable and bullion 'ship. ments)...........
Profit and loss account "Liability on hilla of exchange, re discounted £4.970,345 31.- tod, of which Z30,148 141, gd, have since run off,
Aricia,
am.........
15,000,000.00 14,500,000.00 250,000,00
14,149,703.09
The finding exonerated the master of the Persia from personal blame and imposed a -nominal fine of gas. Defendant was advised in the future to be more careful in. taking advice on such matters. ******
FORMER HONGKONG
RESIDENT.
ARRESTED AT BATTLE.
A Seattle despatch, of the and ult., printed in the San Francisco Chronicle, says:-United States immigration officers to-day arrested and took to the detention station Mrs. Vera de Noie, who arrived recently from Hongkong, charging that she is not entitled to enter the United States.
Mrs. de Noie arrived in Ban Francisco from China in April bringing beautiful furniture 53, 145, 518.44 said to be valued at $30,000, which she sought
to enter as household goods.
14,998,069.83
34.001,599.17 5,493,446.41
$345,601,336.85
Cishnung Coin lodged with the Hongkong
Government against authorised. and/or excess note circula tion NOR
13,000,000:00 Bullion in hand and in transit... 4,319,503.50 Indian Government rupee paper 2,099,088.72 Consols, colonial and other se
zurities ...... Sterling reserve fundingestments,
viz:-
1,708,000 21 % Consols at 82
****
(of which Lagopo lodged with the Bank of England,
* Special London Re scrvc.) £235,000 2 National
war lorn, at gp. 229,500 £325,000 other sterling securities, written
· down to
10,213,350.76
In her controversy with the customs officials she claimed acquafatance with, a number of United States.senators and a former governor of an easterd state, whom, she said, she had ‚entertained at her home ia Hongkong.
The goods were admitted on payment of a small duty, and Mrs,'de Nole took up bar re- sidence in a fashionable part of Seattle, where she was 2001 arrested for selling liquor without a license.
Yesterday the government ordered her furai tura re-appraised, and to-day she was arrested and held for examination and possible deport- a!ion.
BORNHO JUNGLE TRAGEDY,
DETAILS OF MR. KERSHAW'S TERRIBLE DEATH.
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Writing from Jesselton, on July 26, a Straits Timas corespondent, referring to the fatal fire. on Membakut estate, says :-
THE SHANGHAI JAOTAL
HIS RECENT IMPEACHMENT,
Tuan. Fang's report on the late Governor of The following is a translation of Viceroy Kiangsa's impeachment of the Shanghai Total: I received a despatch from the Grand Coun cil stating that it had been decreed on the 15th of the Intercalary second moon (April 15) that I be ordered to investigate and report upon Ches Chi-tai's impeachment of the Shanghai Tadını, Taal Nai-huang, for regarding lightly the public funds and scoming the laws and rules of the realm, without fear or favour, and that a copy of the original memorial ba kanded to me. Upon receiving Your Majesty's command I at ones instructed the Treasurer of Naoking, Fan Trang- balzog, to investigate thoroughly the matter. Fan Tag balang has handed me his report which I have carefully considered in the light of my own knowledge of the case. As a matter of fact the late Governor Uhan Chi-lal and the Shanghai Total Teal Nal-buang were old friends. Ever since Thai Nai-huang assumed the Tacteiship of Shanghai they both had attended to their respective duties and there had not been the last difference between them. The recent Impeachment wat caused by tha bankruptcy of the Yoan Yuan. Back The said bank stopped payment in the 10th moon of last then, year and owed the officials and Chinese and- foreige merchants a very large sum of money, Including Tasis 62,000 odd due to the Chang and Shanghai Likin Bureaux and the Hwo Chuan-chu; Taels 8,000 odd and 18,000 odd strings of each (one string equal to 1,000 cash), As there was no means of recovering the said sume and money was urgently needed to pay the provlace's contribution to the Indemnity Fund the late Governor ordered that both the proprietor of the Yuno Yona Beak and its man- ager, Chao Chung-pio, be arrested and made to repay the sald sumu Trai Nal-huang, how over, replied that both the treasury of the Shanghai Total and. the Ta Ching bad, with Imperial sanction, lont that Bank Jatga suma of money and had therefore sustained "heavy losses and that the bank's debis be paid in their dus order after the trial, of the case.
He further asked that is the bank's accounts were in a most confused stata which could not be put in, order unless Chao Chung-pin was allowed out, the petition of the Chamber of Commerce that only the proprietor of the bank Shan Hsiang-isa be imprisoned and Chao Chang-pin be let out on bail be granted. That was what the late Governor called regarding lightly the public funds. Then the late Governor ordered that the pro. piletor and the manager be sent to Soochow for trial. But just at that time the German Consul wrote to the Taotai requesting that the: cass in which the German firm, Kloss and Company, sued Shea Helang-ise for the price of goods be tried in Shanghai, The Shanghai Total therefore asked that that casu do first settled before sending the two men to Sacchow, . That was" what the late Governor called' scoring the lays and rules of the realm. The late Governor used strong language than the circumilangda warranted and Tsai Nai-buang did not in the least yield to him. Hence the impeachment. As a matter of fact that Chao Chung-pin whi allowed out on bail was at the request of the Chamber of Commerce in order that, he might settle the affairs of the bank and that the Gar mau case was tried fo Shanghai was in accord- ance with the treaties. Under the circum stances the allegation in the memorial that Taal Nai-hung was a traitor was out of place. As to the money due to Chungchow sad Shangbai Likin Bureau and the wo Chuan-cho the Sbaughal Tactai has already instructed the City Magistrate to prass the bank for payment and ordered the officials of the sald bureaux to make good the deficiency if any. In bis various replies to the late Governor Tšai Nai-buang certainly used too strong language which was irregular, but it was from a conscien tious sense of duty. Having regard to the above circumstances it was my duty to pray that the memorial be shelved. 1 bag to present to Your Majesty this true report on the Tacta is impeach-
Membakut estate is on the railway line, and is a new one being opened up by the Govern meal, it is situated a few miles up the railway line. On July 13, a large acreage was going to be burned by Mr. Hardwick, the manager, Mr. Kershaw was a guest of his and at 1030 am, they started burping in different paris. Mr. Kershaw was taking one por tion, Mr Hardwick was taking another and Mr. P. S. Skinger, an assistant, was in charge of another. The jungle quickly became alight and; unfortunately, Mr, Kershaw, was 179,940
caught by the fire. I do not know clearly how £1,500,000
ho was taught, bat news quickly came that he was burnt to death, Capt, A. T. Watdrop went @ £x 2/-. • 15,000,000.00 Bills discounted, loans and cre
by a'special train at 5 p.m. for Menbakut and dits,..........
113,046,509 47 returned at 1.30 am., bringing the body back
and also Mr. X. S. Skinner, who had received a || 130,763,412.03
1,899,562.65 very great shock, having been cut off from com. munications by fire, and was not rescued until about 8 p.m. $345,601,236.85
C
Bills receivable, Bank premises,..
To
The funeral of Mr. Kershaw, took place at Jesselton, the next day, at 11 am, and was at tended by all the Europeans. Some beautifal GENERAL PROFIT LOSS ACCOUNT.
wreaths were laid on the coffin from bis many 30th June, 1909.
friends in Jesselton and Labat Datu Baiate, Dr.
Thedeceased was an Australiao, and had been for some years au assistant,on the Lakat Datu Amounts written off:--
Remuneration to directors ...5 x5,020.00 estate. He was very popular. He had been
To Dividend account:-
La pershare on 120,000 shares
L240,000 at 1,9]= i 2,725,617.22 Transfer to silver reserve fund. 750,000.00 To Balance forward to next half-
year .......
To
Cr.
By balance of un- divided profics, 3 st December, 1908... 1,006,234.08 By amount of net profits for the six mouth. ending jaib, June, 1909, after making pro vision for bad and doubtful debts,da- ducting all *x* penses and in. terest paid and dua...
3,487,ar2.33
2,001,819,19
$5,493,446.41
- $5,493,446.47
$5.493,446.41
STARLING RESERVE FUND,
granted leave and had just returned from Aus tralia and intended to spend the unexpired park tion of the vacation with Mr. Hardwick, who was his bosom friend. He was staying with Mr. Hardwick at the time and they were both very keen on seeing a good bars of the jongla and making a success of the work.
It is very sad that the young life should be so taken away. Mr. Kershaw will be missed by many, and especially so by his friend Mr. Hardwick.
INtbe Police Court, to-day(9th inst.), four natives were charged with committing burglary at 2, Tak Sing Lane. At an early hour this morning the defendant forced an entrance into the house and departed with, about $300 worth of cloth ing the property of a taller. The police were on the scant some time Inter, and the quartette wore arrested in a pawnshop trying to get rid of the spoil,. They were sentenced to sig wonks' hard labour and six hour!, stocks eách.
meal.
An Imperial Rescript bar been issued stating that H.E. Tain Fang's report has been noted.— Shanghai. Timea....... - --- --
MORE OPIUM SMUGOLING.
"LARGE SEIZURE "AT ILOILO,
Obe hundred and seventy-eight tins of opium, valued at over P10,000, were salted by the internal revenue officials last Sunday moraing after being lat overboard from the British steamer Sungklong as that vessel was entering the harbour at Iloilo, reports ibe Manila Times of 5th inst.
This is the largest seizure that has been made at the southern port since the enactment of the present oplum law, and the officers who made the haul are proud of their work. As the Sungklang came into the river and proceeded to her barth, a boat with internal revenue officers on board followed along beblod, and just as the vessel was berthing, a large package was cautiously lowered from the forecastle of the ship.
This package immediately sank from sight, but to it was attached a sounding line, and a board from a ssitor's bunk was at the other end of the line floating upon the water. The officers immediately came up to the board and bauled in on the life, bringing to the surface the package, which, upon being opened, dis. closed the number of tins of "opiùm abova stated.
No arrests wore made in connection with the seizure, as it was impossible to implicats any one in the attempted smuggling.
RETURN of visitors to the City Hall Library and Museum for the week ending the 8th August, 1999:-
Library, Museum, Non-Chinese..................... 302 162 Chinese........rauim 227. 1,995
Total $292,157
STAM is a splendid country for cattle-grazing and raising, and it is a matter of great import ance to see that the breed is not degenerating, remarks a Bangkok exchange. There is a com stant and increasing drain on the cattle of the country, the prime animals being shipped to Singapore and other places. Eventually it will from other lands and the sooner steps are takes be found necessary to import cattle into Slam in this direction the better,
A DISPATCH to the Eastern Times say that the British Minister la Peking considers that
RETURNS of the average amount of bank. notes in circulation and of specie in reserva in
A NEW ARRIVAL from Canton was ordered to all the buildings and machinery on the Tung Hongkong, during the month ended 31st
pay a heavy penalty in the Police Court, last | kunoshan should be taken over by the Ankai. July, 1909, as certified by the managers of
Monday, for passing counterfeit colas. De Govorament, who should also refund the Tig the respective Banks :--
fendant paid a women a five-dollar bill for a 50,000 contribution money, which the Londos Average Specie in Banke
dollar which he had intended to deposit with and China Syndicate pald.. Other than this, no Amount, Reserve
her for certain"work,"He"war"banded-four exactions should be mada. --Et is further stated. Chartered Bank of Tadia,
To balance 1,500,000 @ox 2/. $15,000,000.00 dollars in coins, which he refused to accept that two Chinese named Li and Hung am try Australia and China, 53,737,977 $1,800,000. (invented in sterling securities) Hongkong and Shanghai 'Banking "Corpora:
tion, National Bank of Chini,
Limited,
12,071,662 13,000,000 By balance grst December, 1958,
£1,500,000 C ex af- 47,310
$15,000,000.00 He volunteered to go out and have the billing to help Sir John in securing a 5 per cent. KARA | changed, which he did, and gave the woman | loan of Tis. 3,000,000, for a mining company to five twenty-cant pieces, which proved to be bad, be formed in Anhal. This loan, it is proposed, $15,000,000.00 The magistrate (Mr. F. A. Hazeland) ordered should be issued at gs and should be repayables
him to pay a fine of $100, or go to gaol with by instalments within twenty youm.?! This pro $15,000,000.00 | hard labour for three, months, and io do six, posal kau met with a refusal from both the
Koure to the stocki,.
yarul Walwaps and the Anbul Representatives/17/