SPECIAL CABLES.
THE HONGKONG TELEGRAPH, SATURDAY, AUGUST 17, 1912.
HONGKONG AND SHANG HAI BANK MEETING.
CHOLERA IN SHANGHAI, COSTLY NEW LONDON OFFICES DECIDED UPON.
AMONU EUROPEANS AND
CHINESE.
(Our Own Correspondent.)
Shanghai, August 17.
A fow foreigners and
many
discaso. SHIPPING AND MINING.
THE FINANCIAL SITUATION. IN CHINA.
-ap-
the limit of her own requirements
and I am in a position to state that the groups have not ceased to urge a policy of retrenchment and of such seiduous develop
ment of 'hor internal credit and
To-day's Advertisements NOTICE.
resources as will enable her to HONGKONG "AND SHANGHAI restriot present foreign borrow-BANKING CORPORATION.
L
Warrants.
By Order of this Court of Directors,
N. J. STABB,
Chief Managor. Hongkong 17th Aug., 1912.
NOTICE.
{*598
ST. JOSEPH'S COLLEGE will re-open after the Mid- Sumner belldays on the 21st Inst. at 8.80 AM. Boarders are expected to return on the 20th inst. Hongkong, 10th Aug., 1912.
DAIRY FARM
NEWS.
Bridge? No: Poker. That means a late night?. Yes, and a thirsty morning! and KIPPERED HERRING for
breakfast AND an excuse for a cocktail or two
'at eleven.
August 12, 1912.
The ninety-fourth ordinary It is two years since we lastings to the lowest possible figure. half-yourly general meeting of wrote anything off Bank Premises The re-establishment of stable UE DIVIDEND DECLARED the sharabolders in the Hong- Account, and although our Pro- Government on a sound economic for the Half-Year ending 3041 Cholera has broken out in kong and Shanghai Banking Corperty Stands in the Books at a basis is the aim of all concerned. June, 1912, at the Rate of TWO Shanghai.
Before moving the adoption POUNDS STERLING per Share of paration was held at the City Tory conservative estimate, your of the report and accounts as $120 is Payable on and after MON- Dining out this evening. Hall to-day at nosu. Mr. E. Directors feel sure you' will". Chinesa havo contracted the /Shellim, chairinen of directors, prove of continuing the policy of presented, I shall bo pleased to the floos of the Corporation, where |DAY, the 19th August, Current, at prosided, and there were also writing this account down, from answer any questions you may Shareholders are requested to apply for present:-Hn. Me. O. H. Ross, time to time,
put to the Chair. For some yours past the offices
There being no questions, tho Messrs. G. Friesland, F. H. Arm- strong, N. J. Stabl manager), A., which the Bank leases in London Chairman proposed the adoption Shanghai, August 17.
Forbes, C. S. Gubbay, G. R. Laur have been found quite inadequate of the report and statement of ad- The Chinese Government pro-ance, Lieb, W. Pattonden, for our requirements; conso counts, as presented.
The Hon. Sir O. P. Chater, K., poses to purchase, the China and H. A. Siebs, directors; quently we have been looking Morchants Storm
Hon. Sir Paul Chater, Hon. Mr. for a site on which we could C.M.G., seconded and said: Navigation
| Gertlemon :—I am "auro we have Company, as well as tho Banyoh M. Stewart, Messrs. W. Hutton eroot a building of our owl, ping Minos.
Potts, J. W. O. Bannar, J. M. E. Suitable sites in the, City of all listened, with very great in Machado, A. R Lowe, W. London are by no means easy to terest to the speech from the PEKING INTRIGUES. Clarke, J. Barion, F. Maitland. T. acquire, and you will be plaised to Chairman, and that you will 1. Hough, S. H. Dudwell, D. learn that, after protracted negotia-agree with me in saying that our Shanghai, August 17, MacDonald, W. Daubar, W. II. tions, the Bank has just obtain Court of Directors and the Man- Conocal Hwang Chui, and Purcell, Percy Smith, H. Skott, ad a very fine property in Grace-agomont of this Bank deservo Gonorail Chang Chin-wu have. Melchors, J. II. N. Mody, church Street-bot woon Lom our boarly congratulations upon shot in Peking, by order of tho E, Towns, W. O. D. Turner, J. Fright of way into St. Michael's
Humphroys, A. H. Ough, G. | bard Streat and Cornhill-with a the very excellent Report they have placed boforo us-(Ap-
NOTICE TO CONSIGNEES. Wright, A. C. Ilynos, S. R. Carlill, Alloy, giving direct access to and plauso more particularly when
S.S. BENALDER,” Thoy wore originally recoinT. M. MacQueen, S. II. Michael from Lombard Street and Cornhill. We take into consideration the mended by oneral LA Yuan D. Haskoil, D. U. Silas, A. J. O.
In anticipation of our being immense difficulties of the siton-
FROM LEITH, LONDON hung, the Vice-President, as Pumfreti, E. Howard, E. Kadoorio, able to secure this property, plans tion in China which have had to
& STRAITE, leserving of employment a. M. H. Nemazce, M. Fernandez, for a building were prepared and
be dealt' with throughout the reward for their services during it. M. Joseph, Ho Fook, Lau Chu our architects were thus in a posi- period now nador review; and I ~ONSIGNEES of Cargo aro horoby. the Rovolution. However, doyak. Ho Kom-long, Chan Kai-tion to commence work immo- think we may assure them of our informed that all Goods a70 recommended their executionki, Yung in-pong, Long The building, which will in overy began intriguing, and Lewraming, Chiu Olsam, Chan Siu- diately the contract was concluded. ontire approval of the disposition being landed at their risk into the Lof our Funds now recommended. Įtaráradons andfor extra" bazardous which was carried out yesterday Yun-po, Tsang Foo, Lo Cheung way be worthy of the Bank,
With regard to the Starling Godowns of the Horozong and Kow- morning.
shiu and Wong Leung-hiin.
com Whany and Godown ConraNY, Rosorvo Fund, while we regrót should, according to present The Chiof Manager read the arrangements, be ready for occu- that it has again hoon necessary LT, whence and/or from the harros |notice convening the meeting.
pation by the end of next year.
to write down our holdings, we delivery may be obtained. cannot but commend so sound a
President.
SUN YAT SEN.
(Independent News Agency,)
Tokyn, August 17.
PRINCE KATSURA'S
APPOINTMENT.
(Independent Nowa Agency})^
Por.
Tokyo, August 17.
The Chairman said:-&mló-.
mon-The report and accounts have been in your hands for some time, and I propose, with your
accomt.
a
י
BEN" LINE OF STEAMERS,
No claims will be admitted after the |Goods have loft the Godowns, and ail
Goode remaining tadelivered after the
th inst., will be subject to rent,
be
All things are good until something better comes along. HUNT'S
PORTS and SHERRIES
Are better than most and have no superior. This stalement is not for wine Connoisseurs. THEY have long known its truth.
We make a specialty of high-class Poris and Sherries.
SPECIFY HUNT's..
GARNER QUELCH & CO.
SOLE AGENTS.
TA. 030.
THE
REASON WHY!!!
ISUAN
ABSOLUTELY PURE.
All claims against the steamer must presented to the Undersigned on or It is pumped out of the ground at a heat of · · before the 31st fast., or they will not ise recognized.
:
190 Degrees
Ali broken, chafed, and damaged Goods are to be left in the Godowns, anob tank it enters is provided with a chimney filled with raw cotton where they will be examined on the which serves to FILTER and ronder GERM PROOF all air that 24th inst. at 11 AM.
ontors, it is never touched by HUMAN HANDS or is it exposed to No Fire Insurance has buon effected, any contaminating influences, hence the PURITY and name Bills of Lading will be counter-
THE MOST DELICIOUS NATURAL MINERAL WATER signed by
IN THE WORLD. GIBB, LIVINGSTON & CO..
Agents.
[.697
RAILWAY RECLAMA- TION LAND. Government to Lease Certain.
In order to obtain an adequate return on the large expenditure policy, and it is satisfactory to involved in acquiring land in the hear that although this has proved A l'oking telegrum states that
City of London, it is necessary to taxupon profits of late, the money Dr. Sun Yat-sen and Wong Hing consent, to take them as road. tako full advantage of the possibi-is not altogether lost to us: we have left Slanglani for the in pital When wo mot in February lustlities as regards Leight, and we must hope for a recovery in the on the 8.8. Beni Maru.
the outlook in this part of the therefore have to build consider value of Consols in the near future, The former Imperial Guards world did not permit my pro- jably in excess of our actual re-rondering it unnecessary to write in Poking have been granted docessor in the chair to loquiremonts, which, for the present, our holding down below the 4 month's vacation, ne it is fonred over optimistic in his remarks, and will be confined to the ground present figure of 75. they might not with violonce it is therefore specially gratifying level, leaving the upper floors to down of the value of our "Bank While at first sight any writing towards these noted ex-Reformers, to your Directors to be able to lay bo let us offices.
before you this statement of the The cost of the land and build-Premises" may appear to many ffairs of the Bank, showing ing" "will aniount to about of us as unnecessary all our vary satisfactory result of the half 425,000. This may seem a large figure considerably below their Hongkong. 17th. Aug.. 1912.
Properties standing now at a your's working
sum of monoy, but I would point I trust the following distribu- out that, allowing a reasonable actual values-still in view of tion, as recommended in the Ita-rout for our own oflicos, the os- the newly acquired promises in Prince Katura has been apport, will meet with your approval.į rimatol income shows a very fair London, the outlay connected pointed Grand Chamberlain and A dividend of £2 per share, return on the outlay. There is with the new building in Bom- Kooper of the Seal. It is expected $2,1-2 lacs to be added to this also the advantage of having room bay, and the premises required
Areas. that, with his wilo experience of Silver Revorvo, bringing that for future extension should that for our Agencies in the Malay Peninsula, I think you will agree tata nffairs, he will prove invali-Fund up to $17,000,000; $2.1-2. become necessary,
In the Government Gazotte blo as adviser to the now Emes to be written off Bank Pro I would mention that your Di-with me in ondorsing the action
mises account, and the balance of rectors gave this matter their very of your Management in this it is notified that the Government $1,080,288.04 to be carried for careful consideration und 1 trust matter. It is a mattor for con-is prepared to lease certain areas ward to the new Proft and Loss their action meets with your BP acquired such excellent promises cluding the wharf known na gratulation to learn that wo have on the railway Reclamation, in- THE STEAM ROLLER,
proval. I think we may con- Bakeless cont doos not mean higher level of exchange, les secured a very valuable property will be one worthy of our Institu- of Railway Reclamation Land,
On this occasion, owing to the gratulate quracives on having for our London Office, and that "Blackheads"; and sealed wonder the building when completed marked "Tendora for the leasing Chatonage Briquettes. Smoke- less al means col which pre-dividend than tar anna time past
dollars are required to meet the at a reasonable cost.
There are further outlays intion and one which will slew a will be received at the Colonial duceno smoke whenborned, but, on the other in, the varu tounection with the now Bank fair return upon the outlay.— Secretary's Office until noon of Briques are mudo from coal dust
Saturday, the 31st August, 1912. mixerith some adhesive materialng transferred from our Offices building in Bombay, now in (Applause),
in Gold countries roaliso less in course of construction, and also It is antisfactory to hear that Plans of the available land are (rich smoke pro lacing qualis Silver,
for offices for some of our Agencies the statements which have from to be seen at the Office of the ties), whole being compressed in bri; or blocka
With the exception of the Storl in the Malay Peninsula which, time to time appeared in Home Manager of the Railway, Kow- hesive torial will, when burn shall presently refor, there doos in London, inean a considerablo her loans are gross misrepre-
in Rosrove Fund, to which together with the new promises nowapapore regarding China and loon.
The Government does not bind o, pen volumes of smoke, not appear to be anything in the increase in Bank Premisos Ac-sentations of the facts, and we all itself to accept the lowest or any The Gopment have apparently accounts calling for special men count in the near future.
hope that the time is not far dis tender. procuror use in the Stention, and I do not therefore intend. Those, Gentlemen, are the fow tant when the prosent situation of Roller, Euettes, believing them to be less. They are not items in the Balance Sheet.
to take you through the various brief commonta I have to make uncertainty will come to an end and China's orodit becomo fixed with regard to the Accounts. They, hover, are a great ini
As regards the Sterling Reserve A review trade is left over until upon a firm basis-a condition provoniever the coal formerly Fund, I regret to say that the hope the end of the year. It had not which must undoubtedly tend in use the Government will expressed ut our last mesting, that been my intention to touch on to increased confidence and obtain Chinage coal in lumps, no further necessity for writing political affairs, but there is one
renewal of that ex. *hard and toning, and use it in down Consola would arise, has inattor to which I must roler intensive
her Royal., business with the furnache Roller, the Comet been fulfilled. In view of the order to remove an erroneous im-
which WO ali 80 ardently plaints ongrs about the smoke fact that the market quotation at prosion existing in
certain desire. Given an intelligent and from the It will cease forth-the end of June was 76 7-16, wo quarters as to the financing of stable Government, the possibili-
thought it advisable to write ¦ China's requirements.
ties for business with Ühins are PLOT AT FAILED.
dur holding down to 75. As Long and difficult nogotiations unlimited, and her internal re- other gill-edged stocke hnd have been proceeding between sources, properly developed, uro We have a informed that, found necessary to adjust ur other the Chinose Government for a for any amount of credit she may
followed the lend of consols, it was the groups of the six nations and in thomBolvos a sufficient security | Royal. in consequot a communien Sterling Securities," and those series of provisional advances for requiro. tion received he police station
With those few remarks I have that nis attai n Government been written down by some immediate neods, to be followed Official was organiser, an
£9,500. To offect these adjustments by a reorganisation loan for the great pleasure in seconding the ex-Chinese dove was detained we diverted $334,818.00 of the purposes of financial consolidation adopting of the Report and Ac- for a day or tilst several of valents at 21-1-16 of £33,569.1.3, vances up to some Tla. 12 millions
half year's profits, being the equi- and general development. Ad-count. (Applause).
The motion was carried unani- the declective investigatad the matter.
amount exponded in purchasing have already been made with the mously.
The Chairman.-That is all the It was event found that the now Securities, as stated in the approval of the various Govern-
monts, but further advances have business, gentleman. Thank you man in custody nothing to do I may mention that the book now been suspended owing to the for your attendance. Dividend with any pro atiompt and he was eventualberated. No value of the Securities under the difficulty found by the Chinese warrants will be ready on Mon- avidence was foming us to Sterling Roserve Fund Invest-ditions and guarantees considered
three different headings in the Government in agreeing to con- day. an attack of kind being
ontemplated,
ments, all showed a satisfactory indispensable by the groups and We have nlsen informed margin against the prices raling their Governments, but opposed
by the sentiment of an influential Woman Charged with Storing that though the us lotning at the end of June.
Oplum.2 Although writing down the section of the Chinese publio.
with.
This ad-
Report.
}
in custody no sa had over value of our Sterling Securities Statements have been recently bebu preforrod ag him.
has been a tax on profite of late, disseminated by newspapers of
There is overy believe
the
REMANDED.
At the Police Court, 'to-day, a
DON'T FORGET,
To-day.
Carangoot Troupe. Theatro
Salo of Ponies, after Gymkhans.
Monday, Aug. 19. Criminal Sessions.
Friday, Aug. 23.
Sala of Crown Land, P.W.D. Bandmann Opera Co., Theatro
Saturday, Aug. 24. Annual Meeting Mosers, W. Powell, Ltd.
Bandmann Opera Co., Theatro
Royal.
Saturday, Aug. 31. "Aquatio Feto V.R.Ö., 9 p.m.
LAW LIST.
Supreme Court.
[Original Jurisdiction,
Before the Chief Justice.
Monday, August 19. Criminal Sessions,
Lai Hing, child stealing; Chan Sam, Au Kwok, Chan Shap, Leung as, apart from the recovery which groups are attempting to force D. Melbourne, with being in un-
THE CHINA COMMERCIAL COMPANY.
S.O.A.E.O.
FAR EAST OXYGEN. AND, ACETYLENE CO., LTD.
AUTOGENOUS WELDING. rapale of boilers and halk, welding of oracks.
Renewing of corroded plates by addition of metal;
Welding of broken pieces of any kind of metal OPPIOR: AL Gangs's Building, And Floor, Talaphone 1088, (45
"KING GEORGE IV"
SCOTCH WHISKY
This high-class
noted Whisky is
for its
age
and
purity,
delicate
flavour.
It is essentially
a Club Whisky.
The quality and
absolute regular-
ity are guaran
teed
'AGENTS:
Wine Merchants. Telephone No. 185.
that the petition to the money is not lost to the Bank, standing to the offoot that the woman was charged before M. Shu (1), robbery by two or more GANDE PRICE & CO., LTD. thorities was fórw) by some hope we may soon see in the on China's onormous sumie with-lawful passession of twenty-five (2) receiving stolen goods; Wong ous having a gruainst the market value of our investments, out regard to mn who had beamined and
her financial taels of opium dross and two Kin, detaining a child by force; Chan Sau, robbery by two or more, thit they hold the that he we got interest on the money circumstances or ability to mace of compand opium. Kould be banisheom the Securities and this yield on the of saying that these statemente defence and asked for a remand Lai, Fang Teat, Kwan Lau, expended in purchasing new repay. I take this ocasion Mr. Harding appeared for the Wong Fuk, Chan Chick, Chan capitalised value of the Fund is are a gross misrepresentation of which was granted, bail being lary, and receiving stolen goods.
Quan Troi, Ohsung
Kow, burg thus improved
the faola." It is fux China toʻlix fixoil as $300,
Only The plohave the meu brnished was uro.
12, Queen's Road Central, Hongkong.
Hongkong, 12') August 1912.
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