SATURDAY, FEBRUARY 19, 1910.
COMPANY MEETING. -consequently the atrociation of money]
resulting from abendant harvests has not yet been generally fell over the country. Hongkong and Shanghai Bank. The value of exports, however, will show
ing Corporation.
considerable increase over the previous year, and, as motieg is very easy to the country, it seems only fair to assume that conditions are such as to assist trade, and encourage business, as soon as there is a return of confidence, and s logition demand springs up for goeds to replarise socks, which at present are said to be deplated far below the aromage of recent Fears.../
The ordinary half-yearly meeting of the Stareholders of the Hongkong and Shanghai Banking Corporation was held at the City Hall, to-day.
Coming nearer home, thern woema no
THE CHINA MAIL.
HAMBLING NOTES.
Mr H S. Dennys, in seconding mid- Gentlemen-We all know the cheery optimisms of alter diaper spankers when the blood has been induced to ei entste
No, dear reader, I was not "is" with little quicker than paual, owing"perhaps the lucky orowd at the Races. I believe partly to the repiti circalation of the ex-some, people did spot the winners and pos cellent wine provided, but the very long and carefully considered statement that has away from the Course loaded down with just been made by our Chairman cannot be 4thy lucts, but most of the folk that Ispoka classed with the cheery speeches delivered to expresied feelingly their trouble in even on convivia) cocasions It is a sober fading the price of rickshaw fare home statement of facta showing, not only that Hon. Mr W. J. Gresson presided and
there is good ground for hope at an after the last race bad hoon ren. there were present Manara H. E. Tomkins,
improvement in the future, but that a general improvement in practically all What always puzles me about the macas G. Balloch, J. V. Bandow, E. G. Barratt, O. S. Qubbay, C. R. Lenzmann, F. Lleb, doubt that Hongkong, and the Southern Branches of trade from India to Manchuris is what becomes of all the money which
has undoubtedly sat in within
theone reads and hears of changing hands. I E. Shollim, R. Shewan, A. B. Siels, Porta in Chins, are at last recorsing from last twelve months. The political horizon
the
know a fairly big bunch of the residents of directors, J. R. M. Smith, chiel manager back from 1905: one of the most promising clear and doubtless this secounts a good this lovely Colony but I failed to knock up
long period of depressiore, which data is, I regret to say, at present by no means K. J. Stabb, J. F. Cox-Edwards, Ho signs, ec far as Hongkong is concerned, deal for the slowness of the recovery; but against one this week but wasn't the poorer Book, Ho Kom Tong. La Cheung Shia. J. being a gradual improvement in the enquiry those to whom, like myself, the Far East for his or her little futter on the Mongolian M. E. Machado, H. L. Donnya, ar., J. W. for property, which would hardly take place has been the near East, for very many C. Bonner, F. Maitland, A. Findlay Smith,nless it was generally fels that we were yours, cannot fail to believe in the future goes. Tot somebody must get it, once in
entering upon a puried of greater prosperi T. I. Rome, W. H. Wickham, J. Y. V. Vernon, E A. Hewatt, G. H. Medhurst, Chinese merchants here done butter perity of an institution which has dore a while; and Low I should like to be that
than for some years past and business well in the past and which is in such somebody.
able hands. Our Chinese follow citizens in generally is showing signs of greater activi- Hongkong hare, I am told by them, bad a
But what a lot of hypocrites wo ate- the lowest yet recorded, but notwithstand marketlocally makes me confident that who would the racon last? Of course I know is a distincs improrament in the property ng this, the fluctuations bare boor; confined the railway to Canton is opened and the new that the noble institution of the Turf was within narrow mits, compared with what University established, the Colony will once
started and is solely kapt going xt the
Ough, J. Barton, A. B. Rouse, J, John. 7, muru especially in imporis. The average very successful year and the fact that thereTake away the gambling and how long
S. Michael, Wong Leang Him, A. H.
stone, W. Duzlar, W. H. Forcell. Las Pun Chiu, Chun Fong.
price of Bar Silver for the year, is, I believe,
The chief manager, read the notise con-
we have been accustomed to seo in recent more forge ahead and Hongkong Companies veping the meeting,
the highest 244d,
REAL VALUE THE BANK LINE, LIMITED.
*
LET US SHOW YOU GUR
ENGLISH
Taking Cargo on through Bills of Lading to all Overlan Common Points in the United States of America and Canada, and also for the principal ports in Mexing..
and Central and South America. PROPOSED SAILINGS FROM HONGKONG TOR
PIANOS, VANCOUVER, B.C., TACOMA & SEATTLE, VIA MOJI,
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OF WEARING QUALITIES AND
The Chairman having read the report the lowest 23.216d, pricing ads, and about which I regret to 45 there has been present day for the purpose of improving SAVE YOU $100.
I have just read.
|
It may likewise be taken as W. E. Wickham acconded and it was
SPORTING.
The racing this meeting has born Tory good, the hard course tanding to produce record times and spirited finishes. I have heat for second place, in the course never beforeseen three panies finish in a dead of a fairly long experianco of Far Eastern racing, & happened su the second da The fine riding of Mr Johnstone WA NA- other distinctive feature of the meeting,
ROBINSON'S
lig
horo).
WHY PAY
$1.75
FOR
NOVELS?
together with the continued good inck of You can read the latest up
to-date Volumes for
Mr Buzey's stable. · Florii Rom The management of the Pari-Mutual seamed to
can gather. Some improvement in certain- ly necessary in regard to announcing the state of the betting ere the Fari closes.
20 CENTS
already published, said-Gentlemen,-Atable period the metal ramsed practically good deal of pessimism lately will again the breed of hers. (Westlo, the in- pay dividends sufficient sttrsat local provement in the breed of Chins ponius our hat meeting I remarked that the eve gear's average of 29 11/16d. par os. As will agree with me that the bonus to the of medieval day that is Alle Mi Hi and stationary in the neighbourhood of the investors. I am sure gentlemen that you these last fifty years ) Bat in the language prevailing in the various monoy atleta consequenes, rates of exchange, both here staff in thoroughly well, deserved and I Bantific Martin. Wo keep up the toes at made it difficult for us to find full and pro-and in Shanghai, ruled fairly steady, at a trust that when we meet again six months the Happy Valley simply for the op- fitable employment for our funds, and is level which has proved beneficial to the hence the political fever, which at present portunity of once in the year being able to similar conditions have existed more This is
development of the
trade' export adeappears to be retarding the full recovery to gamble without fear of a police proseco- lass during the past six mouths, it is with exports from the Yangtze, which are will have completely abated and that the subject I saw the eager, joyous mob particularly noticeable in the health of business throughout the world, tion. I couldn't help moralising on the no littlo satisfaction that your Directora gently increasing, not only in quantity but Bank will be able to take full advantage surging around the Pari-Mutual Booths are able to lay before you the Report which also in variety, and in the direct abipments of its marvellous position as the leading this week, and then cast bank in memory (20 years practical experience of beats from Manchuria to Europe, & ne European financial institution dealing with to the many calons on which I have seen and important festore in the foreign trade the rant population of China and we shall groups of unhappy looking, fearstricken In addition to the usus dividend of £2 of China.
then reap the benefit of the 45 years of Chinese gamesters brought up before the per share, weare again able to recommend
Stocks of piece goods in Shanghai are good solid work that has boan devoted to Bonk at the Bingistracy and duly ined or a bonus of 5 per share besides adding assuming more normal proportions, andit, With these very faw remarks I beg to sont to prison for the offence of tempting $250,000 to our Silver Roservo Fund, although prices are still out of touch with second the passing of theroport and Dame Fortune in a game of chance. Tis which, with the 8750,000 apportioned to home markets, they are gradually improv.sccounts. (Applause).
queer world, my masters. that Fund last June, makes an increase of important branch of trade. As you will soo
ing, and indications point to a revival in this The report and accounts were adopted.
On the motion of Mr R. B. Ronse, ten lacs of dollars for the year 1900. This from the Beport, Sub-Agency to the Shang mended by fr John Johnstone, the Icates a balance of $2,008,087.94 to be car-hai Branch has been opened at Hongkew. I appointments of Mr G. Balloch and Mr F, ried forward, being slightly in excess of the to our numerous constipusata in that die- szd Moears 0. R. Lpozmann, H. E. am sure it will prove a grust convectores Liob to the board of directors was confimod amorat brought in from the previous half trict and it will also relieve the pressure Tomkins, and C. S. Gabbay were re-elected year. I hope this distribution of profits in some departments in the main Branch Mr A. Findlay Smith proposed and Mr will meet with your approval.
Offico. It is very generally admitted that the evidence that your Directors appreciate carted that Mr W... Potta and Bir past year was not particularly favourable the importance of extending banking J. W. C. Banner be re-elected auditors. to banking business, especially for a Bank facilities as the growth of big centres The Chairman-That is all the business like ours. In times of restricted trade, where we are established may call for. gentlemen: thank you for your attendance. and curtailment of credit, our deposits
News from North China in also dis-Dividend warrants will be ready on Mon-be the only fly in the ointment, so far as I increase and yet we must keep our funds tinetly encouraging Thora i said to be day. in liquid form, ready to meet any revival
a wonderful change in the condition of in exports and imports, the finance of the people in many Provincos, signs which constitutes the most important part of.
well in of our business, Your Directors have
have eviding prospority are
and cultivators are gradually ex- much pleastra in acknowledging that the tanding their spheres. enecuraged by the excellent results attained are due to our railways opening up new districts and capable a, whose work shows that they providing better and quicker means of have the Bank's interests at heart, and I am transport than hitherto obtainable. It In this match Owners won by 38 runs sure you will Approve of our having ruled looks as if the people of Chica already The full scores and bowling analyses wero them a borns of, 18 per cent. on their realise the tremendous advantages to be as follows:- salaries. (Applause).
gained from an extended milway syston, Turning now to the future, I am glad to and, if this is so, it means the beginning of any there appears to be better grounds an impetus te inore forward policy in this than over for believing that a general im direction. It requires no stretch of the provement in trade prospects has set imagination to see the henefits to be India shows a marked recovery: although derived from the carrying out of such a the total volume of trada in that Country policy. during the past year is not greatly in excess of 1908, it bay witnessed a return í
to The subject of Railways is such an en- more normal conditions as regards the grossing topic to all connected with afairs balance of exports over imports, the surplus in China, and has Ind to so much publicity fur 1909 being some 8 million stering in the press of late, that doubtless some against £11,600.000 the previous ye, by you. During the past year this Back reference to the question will be expected not far short of 1007 when
exports taken a leading part in protracted. exceeded imports by a little cyær
million sterling. The increns negotiations with the Imperial Chiave export Sgures" are dac so the government for the financing and cons happy combination of gond crops, and high struction of an important miway system
An Moller.. prices, in several of the principle articles ef in the upper basin of the Yangtze, export. Io, particular 1 way mention the arrangement satisfactory to the Imperial Laurence big export of wheat last season, and the Chinese government, and fulfilling all Slater...
necessary condi:Jons of security, and equal Fitzherbert present cotton crap, which is a record in quantity and seems likely to bind a recep international groups interested, was arrived Fitzherbert, b Dayer
distribution of material bencita among the Live and highly remunerative market. The efect of such excellent harveste must nican last June. But at this junctare, the Moller, b Dwyer ****** prosperity to the people, and can hardly sitated a re-arrangement of terms, and Col. Bayard, lbw, t Forsyth... revival of claims in another quarter neces-Laurence, b Humphreys .. Iail to bring about a revival in trade and i return of confidence, which will gradually political character was therespon imparted Slater, a Marstall, b Humpheys provide employment the recest to the negotiations which he unfortunately Johnstone, b Forsyth most unparalleled accumulation of Capital setarded their completion.
Scarlett, b Maitland, b Bur In the chief monetary contres of India. The delay in the constriction of two Crighton, e and b Marshall ... From the Straits Settlements and railway lines of inestimable importance to Sath, b Marshall Federated Malay States reports are very Chius, and to the trade of all nations, Vida, not out satisfactory. The high price of rabber has which has thereby resulted, is much Biniz, b Humphrey's given a great impetus to the development to be regrotted. The days of political
43
ed
of land for its cultivation. The export of spheres of infuence in Chios, upon which
this product, although still considered in many illusory hopes were at one time
its infancy, already guree prominently in based, seem past. They have been
the
trade
returns, and le confidently it i
succeeded by aspirations for equal opport
- Cricket.
Owsins. Jocarys.
OWNERS.
Dr Forsyth, c Laurenco, b Moller M. Slade, b Moller...... Maitland, b Lauronce
41.
29
17
... 39
Rajor Eaton, run out, ... W. D. Jupp, cand b Fitzherbert... F. B. Marshall, st Scarlatt, Slater Capt. Dwyer, e Bayard, b Moller...
Humphreys, & Moller G. P. Lammert, Moller
H. P. White, exter, b Moller
F. Grove, not out
anticipated that, in the course of time, inities to be enjoyed by all in the develop. Dwyer
Extras
Total... BOWLING ANALYSIS.
=
24
The Race fever has indeed been pretty provalent during the week. Even the time- ball at Kowloon atrusle work when it saw to-day the Government Gatelle, that orerybody else going in for pleasure. And mighty organ of officialdoat, comprised only four pages, two of which oven then ware devoted to a list of J. P.'s names! But what else could one expect when the: Knightly editor was busy starting pories at Happy Valley
+
The hospitality of the Clubs Lusitano was dispensed in a moat charting manner en Thursday evening on the occasion of the last Forformance of La Mascotte." His Excellency the Governor, H. E. General Broadwood, His Honour the acting Chief | | Justice, Vice Admiral Baron Kamimur. 12 and A Tory distinguished company wero present, representing the military, naval, .....19 Consular, official and professional ranks of
Q. 11.2
54
11
0 - 47
+
0
23
0
16.
JOCKEYS,
Humphreys
L
Thxtras ...
Total
M
BOWLING ANALYSIS.
0.
20
the export of rubber from that region, ment of her vast resources, aspirations Lammert...
will become no insignificant factor in the which, it is to be hoped, will in time bo Humphreys
world's
supply. Tin ileo has benefited from realised.
an advance in price, and a year, which
opened under somewhat gloomy conditions
The vitality of the Chinese people, for the Straits Settlements, has proved their growing spirit of patriotism and to be one of considerable prosperity, with their many solid characteristics, are at ever batter prospects ahead. The import once n exfeguard against the resumption ance of the tin industry, combined with of the policy of spheres of influence.
the vast possibilities of rubber, appeared to call for increased Banking accommodation
42893
Forsyth
0
Marshall
7
0 33
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the community. The children played, ber and is entitled to exchange
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sweet unconscione naivetof childhood Bame for any other novel on being enhanced by the bosaty of tuneful payment of 20 cents cash, Hong-
music and the tasteful colour schemes of
the dresses and stage setting. Some of kong surrency, for every change.
the children of the Club. Laritano will be
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... 11
It is about time that the drizzly weather 18 Bot in, otherwise we shall be experiencing Omany and sundry ills. The autumn and 33 winter have been perfect, but man cannot 8 live antirely in the sunshine. Some of my 0 Chinese friends tell me that the macro- omancers are already beginning to spinun
¡ comfortable tales concerning the effects of 8the gradually decreasing supply of water in the country districts of Southern China. It 120ie little satisfaction for them to read that Singapore and the Straite Settlements AIS baving far more water at prosant than they can conveniently dispose of, or that în Northern China and Japan heary snowfalls still continue.
-
What a fighter to the last Mr Joseph Chamberlain is. The spectacle of the poor invalid taking the oath at the ambling of the new Parliament must have been
that the veteran statesmen's condition
If bo
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We are now is the thick of the Shield Tory pathetic and I can quite understand 81, Queen's Road Central, and a guarantee of future progress along Competition and thore seems every prospect Toked considerable sympathy, national lines. That progress may not of a good final. The disappearance of the could but have been a fighting loader in the in the Malay Peninsula and in deference t effected in strict accordance with Western would far rather soo them in than one of
keep pace with Western inpatience, or be R.G.A. ior-however, &-keen loss... Que late electoral contest who can tell but that it the repeated wishes of our friends and
would have gono differently. But he had constituents, as well as to fortify our ideas, but we must leave Chins to work the smaller. fry, but they had the min- to stand side, alas, position in the Straits Settlements, it was feeling sure that their solution will not King Alfred, he, if they play right out her own problems in her own way, fortune to run up against a hard lot in the decided to open sub-agencies at Malaces be accelerated by vexations or hostile through, should be good for winners of the and Kuala Lumpur, mentioned in the
trophy. report.
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Is that a polite way of describing debate in this House 1” began Mr Balfour,
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capital little book dealing with the history but the roars of laughter stopped him.
Writing of politics reminds me that of the last parliament has just been issued replied C.-B.. his head on one side, with a I thought steam was a motive power," We hear from Saigon and Bangkok that! In the meantime, the I. M. Customs
in London. It is from the pen of Mr King, It is most unfortunate that the flagship an ala rice in Cochin Chios and Siam promises to collection for the last twelve months ex-
Lucy on the staff of a well known
Not when it's let off." replied the the population in and as the welfare of ceads the record of all previous years but should be about to leave us, for thero will Heard Guty 7 hand, who suceeded Sir smile at Mr Balotr the population in those countries in largely one, the material condition of the people have to be a regular scramble if the semi- London paper. Some very good anxiotes Leader of the Opposition, landly. dependent on the rien harvest, I hop has improved, and Chinese credit in anals and final are to be played of before are scattered about its pages. Here isons:
RAMBLER, that the procent favourable outlook will Europe was never higher. The wealth of their departure. One wonders wust will
One day Mr Speaker Lowther was away be realized, so that we may reasonably the country is, in fact, increasing before appen if this impossible. Would the from his groat chair with a cold. A pro anticipate active trade at those important, our eyes. To take one instance alone, the team they have to west get & bye and minent member of the Liberal Govenment, THE AMERICAN MERCANTILE shipping porta ; in whose prosperity ship recent phenomenal growth of the Man go direct into the final 7 If so it would going into Brooke's Club, caught sight of
MARINE. ping interests in this part of the word are churian bean trade, furnishes a striking distinctly hard lines on the Gut Mr Gully son of the Inte Spasker, who was io intimately concerned.
Elustration of the development of a bither. to have been defeated by a team such a distinguished mocessor to Speaker As regards the Philippines, I am pleased to unrealised resource, and the analogy which ultimately had to withdraw from the Paol and Speaker: Brod.
Mr J. S."Dickie, writing in the current Mr Gully, "in to say that our advices point to brighter may confidently be eztanded to industrios competition. It surely must have been addition to being son of Mr Speaker Gully, decadance of the mercantile marine of the number of the American dúatic on the prospects opening up for these Islands, in other parts of the Empire, as the pro-nown that the K. A's were to depart so oceuples with great tact the high position United States concludes his argument in The rice crop of 19080 was disappointing, cess of development continues.
Why therefore was their entry of secretary to the present Speaker. The favour of a ship subsidy Law in the follow- bat the export of hemp was this highest
sccepted if they could not guarantee to go member of the Government--I do not thinking words Among nations, as among It seems hardly to be contested that the through the whole of the rounds? on record, and the Payno Tarif Bill las
it would be fair to give his name-kod merchants, to secure a trade requires ex- proved beneficial to sugar and tobacco, capitalists who are likely to share most
Mr Gully how the Speaker was, Mr Gullyponditures in many ways not apparently or and is calculated to give a stimulus to the shoes who, fres from suspicion of politicial indication of what they are capable la cup would be back in the House in about a day, to be indulged in if the effect on the final JOHN & ROBERT HARVEY & CO., LIMITED,
the fruits of this are The Bulls have not given us much of an replied that he was very much better and directly profitatis in themselves, but still introduction of more capital seems to be motives, are prepared to meet the needs of fighting this year. They had a soft I am glad to hear that," said the result promises to be beneficial. It is with a the chief thing required to bring our Chila in the simplest, fairest and most map" in the Marines and by their victory Miniatoz. I don't know what we should view to securing for the people an uitiasto greater prosperity, and in the United practical way.
xent atraight into the semi-final and now do without him. He's the beat Epeaker greater gain that ald for the rehabilitating States of America they have immense. I do not think I need detain you longer hate to meet the Engineers. Ordinarily we ever had."
of the foreign-trading merchant marine is resources to draw upon, as soon as Capital by making & detailed comparison of the one would expect them to spmfortably got ists realize that there is safe and profitable figures in the balance sheet with our big into the final, but some how this season walking away, the Minister realised that differ as to the means to be applied to
alking away, the Minister sled that deraanded by patriotic citizous Opinions Undersigned have been appointed BOLE AGENTS In Hongkong and Beth
Quina for the above Company's employment for their money in the Philip business, its wide ramifications, and if they have not been at all happy, the front he had said a rather awkward thing to the resuscitation of it, but there is a wide- pines.
WHISKIES. ferent currencies, we mat aspect consider ankers doing far too much gottoring about son of Mr Speaker Gally. He went into spread and common belast in all pastios Japan, like other countries, bua also able. Anctuation in the totals ander the in frout of goal. If they play more on the next room. He saw friend sitting and individaus that great merebant been passing through a state of depression various headings. Speaking generally the lines of last season they ought there, and remarked to him: Oh, marins. would be of inestimable advantage
DODWELL & CO., LTD. as regards the import trade, which shows the figures show an improvement over to be victorious, but it would be hard to have mid such a staple thing. I just mes considerable tallflug off during the past these of last June, though not quite up 17 what will happen after thin.
yering Gully, and I said. Lowther was the tend to increase our commerce, and with it INVESTED FUNDS
Over £2,000 year. This was largely due to a lack of to the ones of a year ago, which were
test Speaker we ever had.” confidence, and a consequent disinclination the highest on record. Looking back
PAID DAILY IN CLAIMS,
· But the gentleman to whom he addressed
over £12,000,000, After three matches Kowloon has gained
MY WILLIAM E. HOMERY, pre- on the part of Japanese Banks to fiance over a period of some years you will the right to meet Naval Yard. These this last remark was Mr. Pool, son of Lord sentative in Congress from Seattle, has THE STANDARD LIFE OFFICE, enterprises so freely as formerly, but thu find that our business has been steadily games with the Bedford have hung up the Peal, who was Speaker of the House of introduced again his bill for a alip subsidy restriction of credit has had the desirable growing, and, with the encraraging trade ompetition considerably. It would have Commons before Mr Gully
law. The Zil contains three distinct pro effect of bringing about a much healthier condition of affairs. Crops generally late Prospects to which I have alluded, I think been far better if the matches had started if you went outside ́and - walked down, pay to American shipa un routes to South The above monthly premium will secure a £1,000 Policy on a
£1,000 POLICY FOR £2.0.8. I darey," answered Mr Peel drily positions. First-To increase, the mall you any confidently look forward to carlier so that extra time might have been been excellent, the rise and raw silk continuance of its growth. Before moving played. Anyhow it seems certain that St James'e-treat you might meet on of America, China, Japan, the Philippines figures will both show a record, but the adoption of the report and account I Kowloon will not survive Round 2, so that the Brands."
and Australasia, to $4 a mile outward unfortunately they haro nab mat very shall be pleased to answer any questions the semi-faalists will likely bo-Naval | .. good markets. Rice, I
royage, where the voyage is 4,000 miles or understand you may wish to ask. (Applause.) Yard Y. King Alfred; Buffa 7, R. E. An-
An instance of frost-bench wit is record mote, Becond-To Incrasse the tonnago Thore being no questions the chairman omning King Alfred's appearance in the ed by Mr King :-----
jef taxes on the tranecocable trade. Third, It was on the question of cartaling debate Free ships; that is, to admit foreign-bailt tor victory.
-THE CELT. tellectual steato." It was reasonable, he trade.
oring to low prices, Tine hes stored
Ellikha
to us in our foreign trade and would surely
our wealth,"
also boon handicaprod by reduced price. Proposed the adoption of the report and final I should be inclined to favour there at 0.-B. let off Lis phrase about in ship to American registry for the foreigs
by the larmors,and raw
accounts.
In Europe, and a poor demand in America,
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