1902-12-09 — Page 3

Page

HONGKONG AND WHAMPOA DOCK CO., LD.

Yiu Ko.

read.

THE NEW DOCK SCHEME,

THE HONGKONG DAILY PRESS, TUESDAY, DECEMBER 9Ãa, 1502

one shown on the plan accompanying our circular of September ad, and I can do no botter per- hape that quote you their views (in which your Board concurs), viz,

moeting the estimated cost of lengthening No. I Dock, say 100 feet,

THE DAIRY FARM CO., LD.

The notice calling the mosting buring beou. read,...

Captain G. C. ANDERSON-Mr. Chairman

ANNUAL MEETING. and gentlemen, during the Inst 20 years

The sixth ordinary yearly meeting of share. I lay boen in very close touch with the Hongkong and Whumpes Dock, and have helders in the above Company was held seen a great deal of what has been going on yesterday in the Company's depot. Wyndham there; and with reference to this proposal Street. Mr. F. Maitland, chairman, presided, I have been trying to get at some reason and there were also presant Messrs. E. H. why we should pay such an exorbitant into to the Government for the site which is now pró- Hinds (director). W. Hatton Potts, J. M. E. posed while thero is ground in existence at Mockudo, Ah Ying. S. A. Seth (sacretary), and Kowloon already, the property of the Company, J. Walker (manpger), en where a dock could be made, (Applause.) The policy of the Gov-rnment of this Colony Reems to one of the things which no one can understand. Why we should pay such exorbit

at rates, saddled with such conditions, as bavo, been put forward I for one fail to understand, Of ouras shareholders have not put their money into the shares of the Dock Company for the purpose of fancy schemes (applause), unt to make an interest on their capital. Many of them are poor men who cannot afford to stand "for five or six years out of their money, as will in all probability be the case if this scheme is carried. (Applause)

The CHAIRMAN said-Gentlo r in, the report

CHRISTMAS & NEW YEAR CARD

ILLUSTRATED WITH VIEWS OF

HONGKONG AND CHINA.

EASTMAN'S

KODAKS, FILMS AND ACCESSORIES.

and accounts having been in your possession for DEVELOPING AND PRINTING UNDERTAKEN. some time, I will with your permis inn adopt-

the usuni course and take them as read. During

GOOD WORK. PROMPT RETURN.

WE HAVE AN ESTABLISHMENT SOLELY DEVOTED TO EXECUTING WORK FOR AMATEURS, AND WE HAVE LARGER AND BETTER FACILITIES FOR DEVELOPING AND PRINTING THAN ANY HOUSE IN THE COLONY

ACHEE

& CO.,

PHOTOGRAPHIC GOODS STORE, 174, QUEEN'S ROAD CENTRAL.

FEW DOORS EAST OF HONGKONG 'HOTEL.

Hongkong, 15th November, 1902.

LATE TELEGRAMS,

NEWS TIA SHANGHAI.

INCO-CHINA AND THE GOLD STANDARD.

London, 1st December. Siom's move toward the adoption of a gold standard has excited grave concern in France. It is probable that the bomber and the Colonial Department will soon propose measures for Indo-China to meet the change, as the only preventive of hopeless entanglement in the commercial relations of the two sections. Le fatin predicts the speely adoption of the gold standard in the French colony, saying that this course is inevitable and that it will be economic wisdom to adopt it at opce, even at the risk of temporary business derangement.-Shanghai Times.

NORTHERN NOTES.

[208

The following items are from the P. & T. Tince to the 29th ult. :--

The Empress Dowager took a new departure in giving Sie Liang Cheng a farewell, banquet and Tis, 10,000 for travelling expenses.

Mach regret was felt at the death from small- pox and liver complications of Mr. Thygussen of the Great Northern Telegraph staff in Foking.

The following appeared in Orders at Tientein on the 28th ult. Under instructions from the Secretary of State for India, it is notised for information that Shanghai will be evacuated by the British troops on or about the th Decem ber. The RIM. steamship Clive, due at Shanghai on 19th December, will convey back to Indio the 10th Jate and all other details BHIP PASSENGER POOL PROPOSED. awaiting passage to that country."

London, 1st December. Mr. Duncan McNeil, President of the Shan- Overtures have been matte by the Ship. Com-għai 8. Andrew's Society, was a guest of the bine to companies outside the trust for pooling Tientsin Scots on the 28th. passenger traffic. According to the scheme business would be apportioned among the various lines as much as possible, and in any event receipts would be divided pro rate. The propo sal has mist with general disfavour, on the ground mainly that passengers will choose their own lines of travel and that any attempt by managers to choose for that would be rented and fails. Tintce.

The China Times of the 27th ult. says —"It. is state:l that Yang Tanping late cor radora of the Taka Tag and Lighter Compo, who was sentenced last March by the Provisional Government to one years hard labour, and who during the mouth of September was sunt to the district of Ching haibaien to carry out his son- tence, has now returned to Tientsin, and is at prasnat living with the Magistrate. His fine, which was-paid some time ago, is supposed to have been collected from the same lowdaba who gave witness against him during the trial, being present in the service of the Company.

I do not propose taking up your time to-day by levelling and reclaiming the entire area of the 150,600 or £120;000 which they asked even in Immediately I discoveted his disappearance Illes a new line has bogun service, between collected by a relative of Yang's who is at

ENGLISH CATCH FRENCH TRAFFIC.

London, lat Desember. Coincident with the steamship strike at Mar-

have been so largo that the new company has that port and Manchestor. Freight offerings

ter and other ports, and its capacity for passen. started several ships under obarter to Manches ger business is also tared.-S. Times,

THE HOER GENERALS APPEAL.

London, 2nd December. The Boera Genorals have published a list to show the English sabscriptions to their fund. It amounts to £25,280, including £20,596 fram Mr. Phipps, and three other sabacriptions of £500 each N., Daily Newe.

TRADE

TELEPHONE No. 135..

*

MARK

Elite No. 1. It has the following disadvant- A meeting of the shareholders in the Hony ages. A dock of salelent length would projet kong and Whampoa Dock Co., Ld., was held considerably into the bay, involving not only yesterday foroneon in the City Hall to consider further negotiations with the Government hot the proposal of the directors for the construction large reclamations to give access round the lock, which would interfere materially with your of a cow large dock et Hunghon. Mr. D. Existing and increasing now shipbuilding bust Brown, chairman, presidul, and there were also ness. The sea access is also not good, especially presoat Mesire. N. A Siche, Hon. C. W. Dick-taklog into consideration the large alese of 20, J. H. Lewis, G. H. Medhurst, C. Michelan, vessels which would naturally be appointed for E. oota, W. B. Dizon, Chiof Manager this new dook. Wo not recommend this site."

Bite No. 2 (between Nos. 1 and Docks) (Directors), G. A. Caldwell (Asting Secretary), This must be rejected, as there is even now U. Ahmed, G. C. Anderson, A. F. Arcalli, A. K. insufficient room fat buildings and accessories B. Arvalli, O. E. Arculli, M. R. Asger, G. for existing requirements. Another objection is that in order to get the required length for Bellech, G. M. Bain, B. J. Barlow, A. Booker, the dook the hill at tas back would be required

the period under review ne have had to battle B. Becker, J. W. Holles, H. F. Carmichael, to be pierced at its greatest height by Chief G. de Champoux,, Chan Kwan Hung, Chan Manager-and the work of excavating and

against a rather bad attack of rinderpest, the worst since 1898, but we again gat over it Tak Shing, Chan Tha Chiog, Chan Shok Ku, making the deck thors would practically block

No. 1 Dock"

without very norious logs to the Company. Still farther precautions are now being foken Chau Sin Ki, Chui &iu Nam, W. A. C. Cruick-

Sito No. Undoubtedly the only feasible shank, Donby, E. I. Ellis, I. E. Ellis, site is that on the foreshore and promontory

to koup the dreaded disease from our farms. Mr. J. R. MICHAEL-Mr. Chairman and We have often thought that the post was con- H. M. 8. H. Esmail, Nüel Geo. Evans, J. Beastward of No. 1 Dock. The site is a some-

the scheme of the proposed tracted through imported fodder, and as this is Ezekiel R. M. Ezekiel, E. Ezra, Tok Lan what expensive one, looked at merely from the gentlemen, Ching. Fuk Yin Shok. J. McGregor Forbes, point of view of buildings dock, owing now dosk, only the bare rutline of which now cooked we hope it will have the effect of to the existence of the hill at the back, has be submitted to us for consideration roving us from the disease. Our receipts have J. A. Fredericks, Fung Mak Heung. C. W.

inerens d to a considerable extent but so have our Gong, E. Georg, E. J. Grist, A. R. Gubbny, A. part of which must be removed to carry out and decision, has no doubt had the very

of at least BOXO At the same time it offers eireful consideration

expenses, and during the year ended 31st July 8, Gublay, C. S. Gubbay, D. S. Gabbay, CE. A. the scheme. Hance, David Honkoll, John Hastings, E. A. many important and special advantages. It of the members of the board of directors, and last we spent more than we earned in building Hewett, E. H. Hinds, Ho Fook. Ho Kom occupies the extremity of the Kowloon pro-we cannot for a moment conceive that they can four fine, now cew-sheds and a dairy house at Tong, J. L. Houston, John A. Jupp, W. M. montory with deep water and free sceous, be all unanimously in favour of it, so wild, so Pokfulum, including cost of a Pasteuriser and a Humpbrays, E. Howard, J. H. Jessen, E. S. Without danbt it is do-day the most valuable Utopian, so positively ridiculous are some of the steriliser from bone, repairs and alterations to reasons set forth for the adoption of the scheme manager's house and new cans. Doubtless we Joseph, 5. A. Joseph, E. J. Jndali, F. Kione, marina lot (that is for the purpose of a Lam Kiu Fan, J. J: Leiris, Leung Lui Chin, dock) in Hongkong The cutting down of the in the circular issued to shareholders dated 22nd shall feel the benefit of this expenditure in the futurs but it is a question whether or no we have D. Law, Leapg Tit Shan, Li Cheong Pang, bill will not only afford the site for the dock, September last. We shareholders wish to ba

been extending on a little too large a scale for Li Oi Ting. Li Bai Bang, Li Yik Sun, Ling mit also other to filised for the extension of expect them as the custodians of our common our small capital. But for the loss of cattle but provide a large additional area of land loyal to our directors, and we have a right to Chu San, Lo Cheung Ip, Lo Cheung Shio, Lum Muisang, F. Maitland, Donald Mac your own yard or for other profitable purposes. property to be equally loyal to us, but there are through rinderpest our death-rate has been donald, I. P. Madar W. F. McIntosh. H. A. A large section of the level ground in the limits to this sepse of loyalty, which would reach small and at present our head is in splendid Meyor, J. R. Michael, M. Michael, M. H. existing yard has been formed by cutting down mapping point if a carb is not put to the health. I would mention that during the Mickel, S. H. Michael. 9. J. Michael, B. tho adjacent high cliffs, but at the cast of 15 to apparent proclivities of some of the directora past three years the following increases have Mitchell, R. H. B. Mitchell, E. J. Mesen, SE, 20 times the value of natural level ground." whose election many of us are now reluctantly taken place in cost of maintenance and cattle: Moses, A. R. Marty, H. M. H. Nongzee, W. Gentlemen, I will now deal with the estimated compelled to view with many misgivings. Focd stufs, 60 per cent.; wages, 1 per cent.; coolie hire (cartage), 50 per cent.; catil, 65 per Parlane, G. W. C. Pemberton, J. C. Peter, Pan cost of the scheme. The amount sat forth ba (Applause.). The scheme as laid before us Chee Ting. H. E. Pollock (K.0.), W. H. Paroolt, the cost of the now works (irrespective of land might commend itself to suppliers of building cant.; but for the much larger turnover the other Company could not well have been ran except W. E. Pucher, E. H. Ray, A. J. Kaymond, and interest) in our circular issued to materials, or machinery, electrical or T. H. Reid, J. C. des Remedios, Dr. Alexander shareholders dated 22nd September last, vies, but the more we study is the more it at a loss and the question of a rise in the price **1:2, $1,809,000, wES the result of a passes our understanding how it could be of milk is now ander the consideration of your Rennie, C. W. Richards, A. Ritchie, A. Rodger, C. H. Rogge, E. W. Ratter. M. S. Sassoon, design and estimate prepared by the Com- put before a commercial cammualty like ours. directors. There appears to be little chance of In the sebeme before us we are informed that the cost of maintenance and cattle eren being C. S. Sharp, A. Sharp, A. W. Schollhus, A. H. pany's star, who displayed moob ability in the a bighly technical and

the Company, on one occasion, asked the reduced to the normal prices of a few years ago, M. da Silva, A. H. Skelton, M. W. Slode, E. A. execution of a task of Suewin, Gershom Stewart, Otto Struckmeyer, special nature. It was in view, however, of the Admiralty to contribute £150,000 towards the sad it appears to your directors that we must construction of the proposed new dock when wet the increase by charging mom for our milk. A. G. Stokes, A. M. L. Scares, C. H. Thomp great importance of the question that the

obtain a report from the cost was estimated at £175,000, and on I have the pleasure to inform you that all our BOD, R. Vasworth, W. M. Watson, W. H. directors resolved to Wickham, W. G. Wintorbura. P. Witkowski. Messrs. Houston and Kidd. After making the another occasion £120,000, when the cost was milk is now Pasteurised. Our manager tells Wong Chock Kes. Wong Kin Pak. Wong nevessary investigations and surveys, these estimated at £160,000, taking the exchange me that he is of opinion that the change bas King Him, Wong Lai Yuoa, Wong Leung gentlemen have advised a longth of 650 feet, then roughly at $10 to the £, and those improved the flavour of the milk and besides Him, Wang Man Hon, Wong Qnwan Pak, but propose increasing the width and depth, proposals were made at a time when there was the process of Pasteurising wil romove any Wong Tao, Wong U Tis, H. C. Wilcox, and and have provided for much larger area of level no idea of the Admiralty building a desk of elanoe, however small, of sickness from our milk. ground and longer breakwater. They have their own, or of any opposition deck being have now to touch with mach regret on the The notice calling the meeting laving been also included an equipment of machinery of the built, and when our Company had practically a disappearance of our late secretary, Mr. B. P. highest class so as to enable the best results to mouopoly, of the whole business. Now the Moffit, who absconded early in October after The CHAIRMAN said-Gentlemen, we have mot be obtained in the working of the dock, situation is completely changed. The Admir-embuzzling the Company of a large sum of to-day to discuss and decide upon the question Certain general items of expenditure, sach us alty are building their own docks, and a money. His defulcations to 31st July, 1902, of our acceptance or refusal of the Government's the cost of administration, &c., have been added, powerful competition. Butterfield and Swira's, amounted to $5,735,26 and this sum has been offer of a piece of land for a proposed extension including a 10 per cent. margin for contingen is coming into xistence. Their desk will not written off profit and loss account. I am sorry of cur docking facilities at Kowloon on thecies. Taking these additions into account, their only he the largest in the world, but they will that s. sum of $5.208.15 will also have to come terms set forth in our circulars of September estimate is nearly 82,200,000, which they assure also have slips to accommodate vessels of 5 to 6 out of next account making the large total of 92nd last and 3rd instant, and as thees circulars us will amply provide for the full completion of thousand tons. In the face of these acts, it is $11,031.41 missppropriated fande. I can only showing the result of our negotiations with the the new works in their entirety. It may fairly diffult to understand how the directors can say that he was thoroughly trusted by your Government have been sent to all shareholders, however be considered that the provision for consent to drop their request for the grant of directors and that he has deceived them. swore an affidavit for his arrest but anfor.. repeating what is therein set forth, as you have site, as demanded by the Government under the heyday of the Company when it was enjoy no doubt fully considered same. The views of clanse 9, need not be carried out until the ex ing a monopoly: We are astonished that the tunately he had left Shanghai; be has however directors should for a moment entertain the been arrested in America, and the Government your directors and what we have been able to pansion of the Company's business renders it accomplish are stated therein, and while it may necessary, and probably the Government would absurd conditions which the Government andes have taken up the case as a criminal offence reasonable modification of this to the sale of the land, or think of laying before and have applied to the United States be thought that conditions have changed mate consent to Mrially since the project originated several years condition, which, as it stands, seems nunecessari- the shareholders the solome which we are now authorities for bis extradition. There is, I age, and that the delay which your directors are ly bardensome. In that unse the estimated cost discussing. If when there was no opposition fear, no chance of getting any of the money not responsible for may make it evom more dim of the works would be materially reincat with staring the Co in the face, as is now the case, back for he startel to misappropriate the not responsible for may same Dow with the out impairing the utility of the proposed scheme. the directors dil not feel justified in holding Company's cash eight months ago Sul samo outlook for a return then it did then, the Having non laid before you to the best of my new dock. costing according to their own any abareholder desire farther particulars conditions have really not changed in any way, ability the main outlines of the scheme. I estimate £175,000 to £150,00 antess the of his defaleations I bave them before unless in accentuating the necessity for a large venture to impress upon you the importante of Admiralty contributed £150,000 or £120,000 rue and can either give them to the mesting or dook capable of accommodating larger ships than acquiring this mest valuable piece of land, but how can they now, without any contribution o.oon wait and inspect them after this meeting,

CABINET CRISIS IN GREECE. then infinenced us in advocating an extension of doubly valuable to this Company, adjoining as whatever, think of proposing to build a dock to We have engaged Mr. S. A. Seth as secretary,

London, 2nd Decent ber. our docking facilities. The wisdom of our it does the Company's existing Kowloou estab-cost doable their former estimate? We are told in place of Mr. Moffitt. Your directors desire

As a result of the rural elections, the Greek decision then in extending our premises so as to lishment and affording the only possible site for that the site of our new dock will be more con- to record that they have been very pleased with cops with the dexsuds on as is demonstrated that extension of the Company's operations upon venient and that other things being equal that fact. Mr. James Walker, our manager, for the zeal Cabinet has resigned.-N.-G. D. N.

MARTIAL LAW COMMISSION AT THE CAPE, by what we have since accomplished in the which its future success must depend. The may frequently turn the scale in our favourin our and attention he has shown to the Company's

London, 2nd Decomber. radual installation of modern for obsolete, opportunity now offers for sequiring this site, competition with the opposition dock. (Applause.) interests. In view of the great increase in the

The report of Lord Alverstone's Martial Law machinery, constructing new and larger shops, and it is for you, gentlemen, to decide to-day as I don't think a more feeble orgament be ever business of the Company, we engaged at home a &c. and i have no besitation in predicting to whether we accept or reject the Govern- been put before the shareholders. The distance Mr. Allan Stevenson to act as sub-manager and Commission shows that 794 cases were investi-

gateil; only a few sentences were confirmed, 1 that a continuance of that policy will bring us ment's offer, which only remaine open to ne between the site of the proposed new dook and from the testimonials sont ent we have every romon to believe that he is very well up in all

A and-the majority wore greatly reduced. results that we will never regret. You will until the 15th instant. It seems only reason. Butterfield and Swire's is about two tiles across

number of prisoners was released.--N.-C. D. N perhaps agree with me that at this stage of the able to suppose, in view of the inevitable the water. Any steamer that can be towed into dairy and farming matters. He is expected to Your directora

DANISH WEST INDIES. proceedings the question for us to consider is expansion of the shipping trade of Hongkong, our dock, can be towed into Butterfield & arrive here early next year.

London, 2nd December. the wisdom or otherwise of accepting the that should this opportunity be missed, it will Swire's, perhaps at an extra cost of $20. Will trust that the division of the profits will mest

Victory for the colonial party in Copenhagen, Government's offer of the land on the probably cover recur, since it muat Imcome this paltry saving prove a sufficient indiewent with your approval and are sorry that the conditions set forth for the construction of apparent to others that a site affording for the shipowner to give our dock the pre dividend has had to be reduced owing to in the rejection of the treaty for the sale of the Our proposed dock rather than discuss beyond as this does such a stretch of deep water forenos? Of course, the board assumes that Moffitt's defalcations. The policy of writing Danish West Indies to the United States, is down our cattle and buildings and adding to shortlived. The steamship scheme by which St. what is slated in our circulars the nature and frontage and other important advantages, mast other things are equal-e, both docks offer to details of the proposed dock. It may be well be highly valuable for any commercial enterprise do the job for exactly the same amount-gay reserve is a sound one and it must not be over. Thomas was to bo re-established as a port is TF YOU REQUIRE A PERFECT perhaps to draw your attention to the Govern (Hear, hear.) Now, gentlemen, that is the giat 850,000. If the shipowner on thus save $20 looked that our reserve is all in buildings, cattle, rapidly sooling. Government encouragement of what I have come prepared to say to you in by sending his bout to our dock, the directors and stock. Before moving the adoption of the and promised subscriptions by banking houses meat's modified terms as set forth in our circular of Sed instant, extending the time for advocating that something that will be satisfan. think he will then certainly give us the pre-report and accounts I shall be glad to answer

and patriotic merchants have not made available the payment of the laud to two years and giving tory to us all will be decided upon, and your ference. At least he ought to, if he does'nt. any questions to the best of my ability

oxe-üfth the money needed to equip, the line. There boisg uo questions, Board hopes that some scheme may be devised (Applause.) Equally feable is the statement us eight years in which to complete the dock. Under these conditions (a we have it on expert among us, after discussion of the matter, with with regard to the approaches to

With threatened collapse of the scheme the sale proposition finds increasing favour in Denmark. authority the the douk can be completed in from ouly the Company's best interests in view, that Cosmopolitan Dock, of which by the way, we

the promised revival of commerce in the islands three to three and a half year) we need not neces-will enable us to take the advantage wo now have only now for the first time been informed.

mast await definite political performance.-S. KING EDWARD VII Timce. sarily commence construction for between four bavo of meeting any opposition that may arise in How many ships risk adtalesion to this doc and five years from this date and need only con future, ant only here, but throughout the East, drawing 20 feet? And what of its having to sider until then the Basncing of the prichase and with the other trading lines which terminate be reached round Stonecutters Island? Most price of the land, and that spreads over two years. here, and that we will then be in a position in ships we are accustomed to would be fall or As to what changes will take place in the next which aru covered for the next 20 or 25 nearly full of a deadweight cargo when drawing five years in the way of a natural growth of the years; and when the day comes, gentlemen, 20 feet, and what prudent owner would dream of docking ble ship, with so much weight on shipping trade in the East, I nood only draw when we cr our successors here, considering your attention to the expansion of the last five that the best interests of the Company may be board? In exceptional cases have we set ether docks to sccommodate such customers? Is it years; and I am not afraid of predicting that served by a concentration of these ducks, if the

necessary to go to the expense of millions of In the next five years we will see not only as large Colony is going to increase in trade as much as but a larger increase of tonnage and much larger we are led to bailove, from expertenos gained dollars to meet such requirements and to savo not the trifling cost of towage round Stonecutters ships trading to the East that we should be in the past I think, gentlemen, one is not

(which is much gearer than to Aberdeen Dock), able to dook. It may be claimed that we could optimistic is predicting that possibly indus

We are further asked to look forward chiefly accommodate this increase both is number and, triss, fostered by cheap labour and a low size of the ships by lengthening our present exchange, may be induced to open in Hong to the growth of the trade with Clins. No.1 Beck, but as has already been pointed kong. Furthermore, gentlemen, if the Board There are no special indications of such a growth. The volume of trade at present out, of the six dry-ducks we possess there were authorised to dispose of some of our

vill

shows no signs of increase. Competition take. ship outlying properties, it would enable us to is. only one that

concentrate our efforts on our Kowloon pro for the existing trade may imurence, ba drawing over 20 feet, and that the cessity for another and larger dock is not so perty. Concentration is one of the great it is safer to assume that there will be little mach the matter of greater isngth but greater adjuncts to cheap work-cheap and profitable or no expansion of trade for at all events so

A CHAEGE THẤT FAILED. breadth and depth, as has already been demon work-and while, gentlemen, we have enjoyed years to come. The ships that do the carrying. strated to as unless we wish to see the large a monopoly virtually of the trade for a business have been more numerous lately, but The adjourned henging of a charge against Chan Kang Yu. brought by Mr. Crisp, in warships going past to Japan to ba docked great many years, and hero bean able to since the amount of business is much the same, While the foregoing is serius, the most in charge our own prices, to the annoyance of and each line is cutting into other competing spector of buildings, of having allowed his

soon be reached, if it has not already been

have been structurally, altered without having is the uninterrupted docking throughout the last, and we must provide in the future for year of the ships of our regular customers which cheap work. We have got to turn out our reached. And whatever this increase may be, presinudy submitted a proper plan to the

we have been much more then able to capa we cannot at present gasmantes, for the reason work more cheaply; we have to reduce our

bearing yesterday forenoon. that should our No. 1 Dook ba occupied by a prices, to place ourselves in a position to do with it. In fact, notwithstanding this in- Public Works Department, came on again for

creuse, we have had and are having some

Mr. J. Hays appeared for the defendant, the sbip nealing extensive repai's below water, wo more work for less money, but with the same

very depressing seasons of slack. Insiness have at present no alternative desk to carry on amount of profit to ourselves. Gentlemen, we

lyground and the first floors and that the with: This dificulty has already faced us can only do that by providing for the ultimats The directers tell us that we have only gist of whose defence was that he had only the several times and has no doubt aggravated this concentration of our efforts, and the object of one dock capable of taking in suis of large instructions given for the alterations to be done over the most promising areas. Commissioner.

to the house were not given by him but by the Lockhart's appointment as demand for opposition docks here and elsewhere my remarks today is to impress upon you the beam, and supply us with the number of battle- that will menace our position and revonne as importance of coming to an arrangement that ships in the British Navy-28-us if they are agents in this Colony of the Crown lesseer. The things lava moved rapidly, and mining rogala case for the defence was supported by tho tions have now been drawn up based on those long as we continue unable to meet the demands will place as in a position to do that. Now, all coming to be docked with us. What is tha on us for work required. Now with regard to gentlemen, we shall be glad to hear any remarks Admiralty dock being built for? And what are evidence of Messrs. Falmer and Turner, who in usa in the British Colonies. During the past the necessity for the purchase of additiousl land from shareholders present on the subject. B. and S. docks the largest in the world spokes to baving received their instructions as two years of forced inactivity a number of to be used for P. As regards ships of Mercantile for any necessary increase in our docking facili(Applause.)

Mr. H. E. POLLOCK, K.-Mr. Chairman, Marine our No. 1 Dock can accommodate the architects from the agents of the Crown leases, engineers have been investigating the various ties, your directors on learning that alternative

in proof of the Building Ordinance having been their future development. We understand that achomes for meeting the situation were suggest. I should like to ask you question which has largest afloat built for the Easter trade, pridared plans sad showed other documents mines, sampling them, and laying out plans for The exact alteratione alleged an amalgamation of interests has been arranged ed by variou shareholdera, employed Mesars. been suggested to me by a letter which recently When a stray boat of a much larger size may complied with. Houston & Kidd, Civil Enginoors, at present appeared in the Chind Mail above the signa- happen to come into port and wants some

In that lottar Mr. scraping and painting done to her bottom, were not stated in the charge and in conse between two of the companies most largely constructing His Majesty's Naval Dock, here, ture of Mr. Wicking.

Shanghai Mercury and experienced, as you may know, in the coy Wicking conjectured that No. 1 Dock had that case let Butterfield and Swire get the queues as each one was brought forward it bad interested and that mining operations will be struction of modern dorks end pier works, to only been occupied on an average for 20 days job. We have no need to compete for it. If to- Games with cridends by the defence, and commented early next year.S

FOR TRAVELLERS, MINERS, AND SOLDIERS Bollers. His Worshly decided in favour of the defen- survey and report on three proposed alternativu in the month. I would like to know whether shareholders would take the trouble of gelug the case was thus unusually prolongod.

into details and figures to find how our pronis dant, some of the alterations alleged not basing no food is as portable as Lemco the genuine sites for a new first-class dock, riz, the first that is correct or not?

The CHAIRMAN Are there any other mere made for the last teir years and more. been done on the promises ocoupled by him at Liebig Company's Extrot The product of on the foreshore in front of the existing building

they will see that as a general rule the larger all, and others being of such a trivial natur, as 18,000 bullocks was supplied to the forces in slips at the west enl of the Company's pro-remarka?

Mr. W. PARLANE-Mr. Chairman, I think the boats are the less we make on them as

not, in his opinion, to come within the South Africa. Lemco is the most concentrated perty. The second site suggested being between

(Continued on page 5).

Ordinanco

form of Mest known, Nos. 1 and 2 Docks. The third site being the it would be well if you would lay before this

A

VICT

the

The CHAIRMAN formally moved the adoption of the report and accounts,

Mr. MACHADO secunded, and the motion was agreed to.

Mr. MACHADO moved the re-election of Dr. Noble and Mr. Hinds as directors,

Mr. Au XING seconded, and the motion was agred to.

The CHAIRMAN proposed the election of Mr. W. Hutten Potts as auditor.

Mr. MACHADO seconded, and the motion was agreed to

дом

The CHAIRMAN-Thet concludes the basi nees, gentlemen. Thank you for your at tendance. Dividand warrants will be ready to-morrow.

POLICE COURT.

Monday, 8th- Docenaber."

BETOKE ME. J. H. KEMP. (AOTING.)

POLICE MAGISTRATE).

IMPROVEMENTE ON THE CLYDE.

London, 3rd December. The Fairfeld and the John Brown, Limited, Shipping Companies, invited to submit tenders for building the two knot ships for the Cunard line, have represented to the Glasgow authorities that the work cannot be done there unless the Clyde is deepened and widened. It is announced that the anthorities have ment, as a means of saving the prestige of the ship-yards for modern work.-S. Times.

STILL LEADING

--

"CLUB"

A SCOTCH WHISKY OF EXCELLENT

QUALITY AT REASONABLE

PRICE:

PER DOZEN

4

PER DOZEN

$13,50

LIQUEUR WHISKY

TRY OUE

$20.00

H. PRICE & CO.

12, QUEEN'S ROAD, QUAN WAH & GOI GRANITE MERCHANT CONTRACTORS, Dealers in

142

and GRANITE

decided to proceed at once with this improve- MARDLE

MONUMENTS.

WEIHAIWEL

MINING OPERATIONS.

Ever since the British authorities took over Weibeiwei from the Japanese, gold-bearing deposits have been known to exist. Several local syndicetas stat prospectors to locate claims, and various mining engineëre with American and Australian experianco reported

the territory remained under military rule, not encouraged by the authorities, but in spite. mining if not actually discouraged was o risinly of this several companies continued their trouble acquired mining and prospecting rights investigations, sud at considerable expense and

No. 1, QUEEN'S ROAD EAST. Estimates, Designs & Prices on Aplication All descriptions of Granite for Export. Hongkong, 17th October, 1999.

2774

STEAMSHIP KINSHIU MARU" GENERAL AVERAGE. (Stranded Quelpart Island, 20th July, 1991).

portant point for us to provide for in the future some of our customers, that day is not going to lines, the limit of this-increase-in-abips will premises, No. 104, Quoen's Road Central, most favourably on certain properties. Whilst Yangtze Insurance Association, Ld., Shang-

(

ja.

Since Mr.

[2674-

Claims for Damage to Cargo, and for OTICE IS HEREBY GIVEN that all Cargo short received, must be submitted to the Adjuster, Mr. E. H. HUTCHISON (of the hai), on or before the 31st December next, after THE NIPPON YUSEN KAISHA. [3.86 Hongkong, 27th November, 1902. which date no claims will be recognised.

GERMAN S.S. PEIYANG,"

BER,

NY CLAIMS or BILLS against the above Steamer must be presented to the Undersigned on or before the 318 DECEM-

EAST ASIA110 TRADING CO., 1902, or they will not be recognized.

Agents, Hongkong, 1st December, 1992. [3257

PURE FRESH WATER

BOAT CO, LD is prepared to supply IE HONGKONG STEAM WATER. ANY QUANTITY of PURE FRESH WATER to the Shipping, both for Deck and

Call Flag W.

J. W. KEW, Manager, 20, Des Voeux Road,

Hongkong, 13th June, 1992.

L1655