12
TUNNEL BOYS.
July 17.
On Thursday afternoon, by the kindness of Mr. P. R. Warten of Messrs. Armstrong, Whitworth & Co., ninety-one boys of the Diocesan Boys' School and three members of the staff went through the tunnel at Golden Hill.
A launch was taken to Chun Wan from which place the boys walked about one mile along the road and A second mile up the hill to the power house which is situated be-
tween the two tunnels which are
being made to bring the water from
Shing Mun Valley,
The party was met by Mr. P. R. Warren and Mr. Crossley. About thirty of the senior boys were shown the power house And the machinery and then went about 1,000 feet into the tunnel leading
to
the Shing Mun Valley: thia
OVERLAND CHINA MAIL
NARROW ESCAPE.
July 17. Mr. W. Curtis, of the Duro Garage, had a remarkable escape from severe injury yesterday when travelling in a car which was being towed from Taipo after a break- down. A Chinese driver who was
with him was seriously hurt and was conveyed to the Kwong Wah Hospital.
The accident was due to the tow rope breaking. the impetus carry ing the car over the edge of the road down the steep incline on to the foreshore (at the straight stretch of road running parallel to the sea front at Shatin). The car descended with forre on to the rocks below and Mr. Curtis and the driver were thrown out despite the fact that the hood was up.
A breakdown gang which went out later in the day to salvage the car After their return all the found it impracticable In view of
tunnel is not quite right through
vet.
boys walked right through the tunnel under Golden Hill which is about 4,850 feet long; they were conducted through this by Messrs. A. Waterhouse, E. Washington and C. R. Warren.
When all the boya got out into the light again the Headmaster spoke to them and reminded them of the many great works for the welfare of the community in Hang- kong: Wu Yan-tak acted as inter- preter and A. Greaves called for three cheers and a tiger for Mr. P. R. Warren and all the men who had worked in connection with the tunnels.
The boys were very
pleased to learn that they were the Arst boys to go through the tunnel. -Contributed.
ROBBERY ATTEMPT.
A Chinese
July 17.
was charged before Mr. R. E. Lindsell at the Central Magistracy this morning with
assaulting a school girl at Robin- Non Road yesterday in an attempt to steal.
It was stated that the defendant seized the girl by the neck and her screams attracted people in the vicinity. Defendant ran away with ariesha coolie and others in par- auit and was eventually caught while coming down the steps of Peel Street by a police messenger who happened to be there.
Defendant was remanded for one
week.
difficulty of access, the income tide and the damage sustained, to do other than retrieve certain un- damaged parts.
Upon enquiry at the Kwong Wah this morning we were informed that driver WEB progressing
the
favourably.
The Hongkong Realty and Trust Company are calling up $2.50 a share on 170,000 shares. Such call will be payable at the registered offices of the Company on August 4.
Mr. J. H. Taggart. Managing Director of the Hongkong and Shanghai Hotels Ltd., left Shanghai aboard the an. "Prezident Pierce" for the United States on the 8th instant. He will visit there and England before returning to the
Orient about next November.
[No. 2998.—July 22, 1926.
TRAFFIC CHANGES.
July 17,
The regulations set forth on pages 617 to 665 of the Regula- tions of Hongkong, 1844-1925, under the heading Vehicles and Traffic Regulation, are amended as follows:-
(1) by the addition of the follow- ing paragraph to and at the end of regulation 54:-
(2)
"Ice House Street, south of Queen's Road Central, is open to motor traffic upwards, that is to say, from Queen's Road Cen- tral, but motor traffic downwards, on such portion of Ice House
Street, is prohibited."
by the substitution in Schedule D of "Ice House Street between Des Voeux Road Central and Queen's Road Central. Note. As to restricted traffic in Ice House Street, south of Queen's Road Central see regulation 54"— for "Ice House Street, south of Des Vœux Road Central."
PIRATES AGROUND,
July 17. Contradictory estimates made as to the loot taken by pirates from the China Merchants Kwanglee, pirated near Hongkong. on a trip from Shanghai to Canton direct.
&re
3.K.
The Kwanglee used to be a regu-
lar caller at Hongkong until the strike began.
Mid-day last Tuesday, the Kwang-
lee was a few miles off Repulse Bay. About this time, pirates who had disguised themselves as pas- sengers on board, took control in the usual manner.
The Kwanglee was taken to that notorious hotbed of pirates, Bias Bay, where the gang put ashore with their loot and some Chinese passengers, for ransom. The steamer grounded, Captain Tollef- sen was released and the ship pro- reeded to Canton, arriving there on Thursday. There was
only one European passenger who has come down to Hongkong.
All the European officers Jost various private property.
1
[No. 2998-July 22, 1926.
OVERLAND CHINA
COLONY'S FINANCES.
1925.
Revenue for 1925 Exceeds Estimates.
Revenue Expenditure Surplus Deficit
LESS THAN 1924.
$23,244,366 28,266,817
5,022,452
in
242 13
His
at less the court ordered his appearance he was to understand that he must appear in person.
at $264 are still in demand at this peared, as the court had ordered. price without attracting further Witness replied that he was the sellers.
buyer of the firm and his master had told him to appear as he had Hongkong Lands:-Shared the general improvement of the conducted the transactions. The report on the assessment market and sales were effected at Lordship said that he had a good for the year 1926-1927 states $66, buyers are still freely offer- mind to issue a warrant for the The report on the finances that by Order of His Excellency ing $66% but it is doubtful if they arrest of the master of the firm. If
the Governor in Council a new could obtain any shares of the Colony for the year 1925 states that the total valuation of the whole Colony has than the former price.
the Rateable Humphreys.—Continued very firm revenue for the year amounted been made and
Value has thereby been increased with buyers offering $14% without to $23,244,365 being $1,431,665
from from $27.287.862 to $27,998,237 meeting with any response than the estimate and
an addition of $710,375 or 2.60 per
geilern. $965,275 less than the revenue cent.
Cements: Continue neglected. In the ten years 1917-1918 to Whurves-After having come to Compared with that year there 1926-1927 the Rateable Value of business at $122, are still in de- were decreases under all the heads the Colony has increased by mand with buyers offering $121% except Licences and Internal Re-
$13,588,084 or 94.30 per cent. venue, Kowloon-Canton Railway and Miscellaneous Receipts of which the first two show slight increases and the last named has been more than doubled.
more
in 1924.
The Expenditure for the year exceeded the Revenue by the sum of $5,022,452.
BRISK BUSINESS.
Review of Local Shure Market.
Moxon
anci
and sellers holding out for more.
Hongkong Ducks-Continue firm at quotations.
Star Ferries:-Gradually rose to a buying rate of $671⁄2 and close very firm at this price.
Dairy Farms: Received Taylor's Weekly
more Share Report, states:-
attention from buyers and sales The steady tone in our market took place at $161, 34, they are Military Expenditure exceeded which we reported in our last issue still wanted at the former price. the estimate by $92,436 owing to was fully maintained during the London Quotations of the 15th increased revenue and increase in week under review and a brisk inst: Banks £131.10; Indos Defer the strength of the Volunteer De- business was done in most of the red £5: Shells £4.8.9. All in middle fence Corps.
Savings were effected in the Harbour Master's Department to the extent of $372,938. This was accomplished by abandoning the construction of two Patrol Launches and equipment estim- sted to cost $316,000 and by minor savings on the majority of the other items.
principal stocks for which full prices. prices had to be paid as holders are evincing more optimism as to the future.
The position to-day is frm with Buyers prevailing.
Shanghai market is quiet. The following are the principal alterations since last week:-
Banks-Experienced a steady The Imports and Exports De- rise sales having taken place at partment showed a decrease in $1,120 to $1,235, they expenditure of $173,266. Savings strong demand with buyers at on most of the items contributed $1,130.
close
in
to this result and a reduction in Unions-Were the medium of the quantity of raw opium pur considerable business at rising chased accounted for $125,045 of prices having changed hands from the total decrease.
$285 to $290,
OK
Savings in the Medical Depart- ment amounting to $91,966 were achieved by deferring expenditure the equipment for Victoria Maternity and Kowloon Hospitals, construction of a motor launch and minor economies on a num- ber of items.
The following table shows the Revenue and Expenditure during the last five years:-
Revenue Expenditure
Surplus
His Excellency the Governor has appointed Mr. John Richard Carr, Assistant Supervisor in the Botanical and Forestry Depart- ment to be Forest Officer, with effect from July 12, 1926, vice Mr. Frederic Cyril Goodman. resigned,
Photos by Lea Fong.
Mr. W. G. Jarvis, of the Customs, and his bride. Miss M. Rothe.
Minor casualties are reported among the compradore staff and passengers.
Passengers departing for Manila on Thursday by a.. Empresa of Rus- sia included Mrs. K. and Misa M. Ahern, Mrs. F. Bourne, Mr. H. A. Conant, Dr. and Mrs. A. W. Fregean.
Mr. H. F. Gourlie, Mrs. C. L. Mar- Callum and the Rev, and Mrs. H. S. Potter.
Deficit
Revenue Expenditure Surplus
Deficit
Revenue Expenditure Surplus
Deficit
Revenue Expenditure Surplus Deficit
1921.
$17,728,132 15.739,652 1,988,480
1922.
$22,291,065 18,568,003 8,728,062
1923.
.$24,788.763 21,571,905 3,211,858
1924.
$23,209,640 26,726,428
2,516,788
Canton Insurances:-Were rather easier and could now be obtained at $640.
Exchange: Demand rate on Lon- don is 2/2 13 16. and TT Shanghai is Tin. 76.
The following Interim dividenda have been declared for the first half year ending 30th June 1926:-
The Hongkong & Shanghai Bank- ing Corporation - at 2 - $26.79 payable on 9th August, 1926. Books close from 26th July, 1926
to 7th August, 1926.
The Hongkong Land Investment & Agency Co., Ltd.—$2 payable on 5th August, 1926. Books close from 23rd July to 4th August, 1926. Subject to confirmation the Shanghai Dock and Engineering Co., Ltd., have declared a dividend of Tis. 84.
BANKRUPT'S ACTION.
The debtor was then called and questioned as to the dealings. He gave a confused story as to another man having bought his junk when he witness) went into bankruptcy. As the buyer of the boat did not understand fishing he (witness) did the work himself. He denied that he received any money for this and said that any transactions he had conducted in the sale of fish went to the payment of wages, up- keep, etc., and that any balance would go to the purchaser of the vessel.
After putting a number of ques- tions to witness, the Official Re- ceiver indicated that he desired the examination closed.
LOCAL IMPORTS.
The chapter on local importa, in the latest fortnightly report of the Hongkong General Commerce reads:-
Chamber of
Hongkong, July 18. Cotton Piece Goods and Fancy Cotton Goods:--There is nothing to
report. Markel at a complete stand- still. Deliveries exceedingly poor. Latest Cotton quotations to hand are those of July 15. Eg. Sakel. 16.15d.
Mid. Amer. "Spot" 9.89d. Cotton Yarn:-The demand has continued good and a fair amount of business in spot and forward has been put through. Prices show an advance of $2 to $3 per bale, owing to the decline in exchange.
Quotations are purely nominal:- No. 108. $150/165 No. 12a. $155/165. No 168. $175/185. No. 20. $190/
Hongkong Fires: Are firm with buyers at $595, but sales have taken place at $600, and less would not Alleged to Have Taken Payments. 195. be accepted.
Hotels. Continued very firm with sales at $11.10 and $11.16 and there are still keen buyers at the latter prices.
Electrica: Firmed up during the latter part of the week and after sules at $07% are now wanted at $68.
ABERDEEN FISHERMAN,
D.
Arrivals 500 bales.
Woollens: No change from last
Raw Cottons:-No sales to report. Metals:-Market dull, nothing
Shipments Nil. Sales 3,000 bales. Unsold Allegations were made by the stock 5,000 bales. Bargains 3,000 Official
Mr. Receiver,
W. bales. Tratman, at the Bankruptcy Court on Saturday that Wong Po-tai, an report. Aberdeen fisherman who had been adjudged bankrupt at the end of Trams: Came in for a great deal last year, had been carrying on of attention from buyers and sales business and receiving paymenta were effected as high as $26; which he had not placed at the as he should $25 is still being freely offered benefit of creditors but rather mure would probably have done in accordance with the have to be paid to obtain shares. terms of the receiving order.
China Sugars: Are in stendly demand at $24 with sellers hold- ing oil for higher prices.
doing.
Flour Market Report:-
Stocks: About 350,000. Market: Steady.
Quotations:-American
Patent
$4.20 per suck; American Straight
Sundries. Window Glass:-Local
Witnesses were called represent- 3.45 per sack; American Cut off ang firms which had had dealings 8.45 per sack: Australian No. 1 with the debtor after his bank- 3.50 per sack: Canadian Cut off China Lights: Were quieter ruptcy and they stated that they 3.05 per sack. with only a few sales reported at had paid cash to him in respect $21 for Combined Shares.
of auch dealings, producing their stocks plentiful. China Providents: - Continue books in support of their evidence. steady, buyers still offering $6.05 In respect of one of these wit- but sellers holding out for more. nessca, His Lordship asked why Steamboats: After a few sales the master of the firm had not ap
Sugar: Market dull. Saltpetre:--Stocks 12,000 bags.
dead market Absolutely nothing interesting to report.
with.
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