1905-02-09 — Page 3

HONGKONG AND SHANGHAI

BANKING CORPORATION.

THE HONGKONG-DAILY PRESS, THURSDAY, FEBRUARY 9гя, 1905,

THE HONGKONG, CANTON AND MACAO STEAM-BOAT CO., LD. The report of the Board of Directors 'n the ordinary half-yearly mosting of shine.olders to be held at the office of the Company, on Tuesday, 14th February, at 12 o'clock poou,

The scenty-ninth report of the court of directors to the ordinary half-yearly general morting of shareholders to be held at U City Hall, Hongkong. on Saturday, the 48th Fish-reada

The directores beg to submit to the shara- rory, at noon, reads:-To the Proprietors of the Hongkong and Shangland Banking Corporation.holders the import and stateraent of necounts Gtioner The directors have now to for the half-year ending 31st December last.

After paying ruuming expeners, salaries, shmit to you a general, statement of the wffairs of the bank, and Tabones shares for promi. of insurance, repairs and sil other out- gings, there remains, including $16,962.85 the half-year entior 21st Ducquitur, 1904,

brought forward from last acoust, the sum of $196,160.88 st credit of profit and has accent. From the amount the directors recommend that a dividend of one dollar per share or $80,000 be paid to shareli'ders, leaving a balance of $20,160,8% to be carried forward to new account. The directors recommend the transfer of

The solverss conditions of the trade mention 8,000 from the profit and less account toel in the last report hoon bouted during the crol of he silver reserve fond, which fond six months uzsler review and there is nothing will then stand at $8,000:IS

of special interest in connection with the work- banking of the sfodimers to comment, upon.

The net profile for that period, including $1.492,5518. Painted brought forward from lust account, after paying all charges, deducting intarist paid and flue, and making provision for bad and doubtful arounts, sunat to $1,7451103

They also, potted writing off preznišus arvonat the sum of $200,000,

After waking the transfers and deducting rempuration to directora ture rencias for arjontation 820,74406, onk of which the dieselors or metal the payment of a dividend of one pound and ten shillings sterling per share, which at 46 absors $533,333.35, and a bouns of one prend sterling per share, which nt will both Llibjših ha,

difference in exchange lastween 46, the rate at which the dividend and hangs are deedtreat, and L. 91, the ruts of the day. umwants to $1,104946,42.

The balance 31493, 108.75 to be carried to now profit and loss neccant.

WIR BUTORS:

Mr. 1. H. Tomkins kas bomi elected Chair- man for the year 1995 and Mr. I A. W. Sladi depanty Chairman,

Mr A. 1. Faymond. Mr. 11. E. Tomkins nud Mr. N. A. Els retire in rotation, let being

re-election, offer eligible for nenordingly,

ACUITORE.

themselves

The ecounts have been audited by Mr. W. Hutton Pells and Mr. A. G. Wood, who offer

themselves for welection.

A. J. RAYMOND, Chairman.

The arcom's are as follows:- ABSTRACT OF ASSETS AND LABILITIES.

Paid-up Chopital

ast On ember, 1901, LIABILITIES.

Sterling Luerre Cunl

Silver Leserve fut

-katina samarbete marevettat

Notor n laulation: -

Authorised jakne

Meriti gain! clipsemitat i

Cimo agmula for fan Culice

Addi inaliente nuth. ol by Hagkong Ordinanco No 19

20 gainst Coin Fulger with the Hongkong Gevra.

int

Carrert account:

Silver....

$40,000,000.00

C

100,000,0 In

70,

260,000.00

0.1.103.00

16,422,599.00

-----$70,056.808344 Uol:!£3,632,716.10.7. - 10,101,267.84

Fixed deposits

Silver. 48.500,-443.30

Gold,45,132,433.16.0.55,327,019.12

Bille payable (including drafta on Land bankora cail lostin atal short sight drawings on Lendon <fice ngaicat bile rere.yable and bullion alipmontat, ko makanan kansen Profit loss aerotint Liublity on bells of exchange rodis- courte. £4.291,571 Bm. 10d. of which 23,111,482 Om. Od. Have since ran off,

110,001,186.18

PORT ARTHUR THE SYMBOL

:1

with

NAVAL NOTES.

The following items are mostly tikon from the Naval & Military Recurd

The captains who attain the age limit this your are Captains Prothore, on April 18th Henderson, Jans, ad; Cochran, Jelle d H. E. Fleet, May 1st; Lesh, May th

Jones, August 7th, E. J. Fleet, Septonber 22nd Cherry, December 11th and Pully. December 19th. Of these elicers, says The World, it would seem that very Foss sic: he saverl for a continuation of services miss something wofersseen should happoa to increase consider ably the number of lag vacancies.

KODAK

3

FILMS

& ACCESSORIES.

DEVELOPING AND PRINTING UNDERTAKEN.

LONG HING & CO..

PHOTO GOODS STORE,

17, QUEEN'S ROAD

(SAME PREMISES AS MESSES. Au Chɛɛ),

Hongkong, 27th December, 1904.

RUSSIAN REFORMERS.

Prince Trabotzkoi, President of the Muscow Zensko, has surt the following letter to Interi

Prince Bristopolk Mirski, the Minister of the

it.

no conccalmout of

pud I

TRADE

TELEPHONE No. 135.

Port Arthur," says the Times, "is more than a fortress. It is a symbo!" That is, the writer has crystalized the whole signi flance of Port Arthur in two syllables, e shall we that it wo glanco at its Port Arthur, then, is a symbol of what?

history sines that astuto old Chisaman, Li Hung Chang, perceived the strategic value of the site, and set to work to fortify it. That was in 1870, and, ever since, Port Arthur has been a bone of contention and m object of desire. In 14, when Japan was lighting to destroy Chirose influenco (she now lighting to destroy Russia influenca) in Kowa, hor-

Allough several of the warships in enuran troops stormed the great fortress in a angla

of sonstruction at contractors' yurds are being morning, without even a preliminary bombard ment, and the Gibendlar of the Far East was fitted with storage tanker for Byaid fuel, it hors for the first time--but not for long. A cannot be said that its utilisation has yet passe European Triple Alliance robbel hor of the the experimental stage. It is true that somer fruit of har victors: Russia, Germany, and vessels now use liquid fnet, but merely as an Franco

advised her, in the intersts of alternative, and then only for the auxiliary peuen, to abandon the territory that China boilers. Crude oil, with a low flash point. is

Highly honoured Princo--Your Excellency had coded to her. Japan submitted what also used for the purpose, and ignition is caused by

to-day receives an dress from the Starcow could she do?-with raga in her heart hunted furnace bricks Ils storage presents Zemastre to the Emperor. I. 24 president of But so weither forgot nov what was England doingo Aud considerable difliculty, not unattended with

this assembly, any of course be regarded as danger, and instead of prosenting, as coal doos, her enormous commercial stake in the Fara considerable protection against gun-il, it having anthorised the consideration of the ad

dress, and I sla!! East, and for prestige 24 Ashule Power to would probably accentuate the risks possible by

I has sust the responsibility for

this maintain England did nothing; she never the explosions of shells in this bunkers and tanks.

make one row, although soon after the adopIND COOPE'S LE the great gaine of gras begun. The thro

a fingor; she just offaced raised a

herself. **E*

Thus Indina troopship aferit, just comparted tion of the address the Government publisked a

t[ t commanique. The object of this letter is to Powers had pretended to be acting merely in by Vickers Sous aul Maxita at their works, explain to you and to request you to report to the interests of peace in the Far East. They arrow-in-Forges, is described by ping the Exuperor mest humbly, what considerations from China, and chimed it, France got a boon dous to ensure the comfort of Tommy opinion, which I fully share. had lied. Each of them had demanded hoc price | as a veritable floating Everything has promptal ma to allow Zemstvo to expross considerable rectification of Frostior, und Atkins" while an board the vessel, which can

Russin is now passing through a period of concessions for mines and railways; the "ailed attain the high speel of 18 knots. It will carry anarchy and revelation. The present occur.- list" grabbed Sinatuus: lumia btained the 1.108) European troops and a special feature in venres are not rarely disturbances on the part right to ran a railway down to Portactin and the fitting of square ports on the side of the of the youth of the country, but rather the re- to anchor for fest, her Resin denied. of hall throughout the saloons and cabins. The fluction of the existing gouoral condition of BASS' BOAR'S HEAD

that who had the slightest intention of sanitary arrangements are very compl-to, the society, The rate of affairs ia ex- course. laking possession of

ssion Di Port

Arthur, Dil they

plurt in extensive, and the hospitals for tremely dangerous r the whole of socisty, and British Govermont

beliovel her! We know troops and women are fitted, in accordance with

the sacral person of Jasming e. what happened. In 1898 imports from kettles, and caters for sterilisation

order the latest practice, with cots, electric fans, lamps, the Emperor. On that account it is the duty of ed the withdrawal of two British

A special the port: the British Government humbly hospital for the ustive crow has been similarly very legal subject to prevent such a disaster IND COOPE'S STOUT oboyd, and a few mouths afterwards Russia fitted. The ship has been designed for try mes in his power. obtain a lease of the whole southern por an auxiliary armod cruiser in tits of war, und

"A few days ago I had the happiness to tion of the Line-tung Peninsula. The British is adapted to mount 4.7-in quickfiring guns appear before the Emperor, and as openly as I cold to make a report to him on the present Government (ust the British Government of and a number of guas of sailor calibre.

| H

condition of

I endeavoured to make GUINNESS' STOUT of society. 180%) had betrayed British internet for the second

clear to the Emperor that what was now wking place was not a simple disturbance, but u revolu- line.

tion; and further to explain to him what was which it did not desire, and which His Imperial driving the Russian people into revolution, Majesty is in a a position to avort. There is however, only one way of doing so, and that is the Emperor placing confidence in the ation and in the forces which the existing

Mr. H. E. Tomkins resigned his sent at the Brand in consumes of his intended departure from the Colony, and Mr. F. Salinger res. nominated by the directors to fill the vacancy subject to confirmation by the archolders at this tarling.

The retiring auditors. Messus, A. OD Gonvdiu and W. H. Potts offer themselves for

ro-ulection.

W. I, GRE-SON,

Chairman.

The accounts are as follows:-- dek Down, 190kk,

ANYWT... Vale of Ateuera Houzoa, P

max, Hengelam, Imag shon, the Peter and Kouden, and feel of Sai mare, Nanding, Tele Hog, Lenten sad Krani, ne per Just sercunt

$

$ 0.

941,500,00 Final payment account Soami 10,00

Vaino of lighters Sou for ul. Man Bet van Vadne of wharve», bulks, and snorings Value of proportion at Canton, Wichor

and Kengkan

Valeas of equore gear.....

Value of furnitur

Vahus of shumers in public companies Val of these hinds

Lotus on mortgage,

Tatort vermesi

Sundry dobierk

92,500.00 8,500,

Sbor along the and Roses was trinx.phant alti

G3.71020

31st Dec., 1904.

LIAM LITUKS, Amount of spital, he shares of 315

ench, folis paid up

$

c.

Ammonit at grond of depreciations, mod ine

wutume fund

Amount ut crest of equalizations of divi

dondi funt...

Amount at ceeelitaf invostrarnt fixetontion

Recrust.

Urinimel dividende

Sundry editors

Hongkong and Shanghai Baiskbuz Corpora.

tion, enuent account

Asuntat ez egit of prolt a loss account

10,180,8 $2,399,6.74

PROFIT AND LOSS ACCOUNT. 316 Fr., 1904.

Dr.

To amortit paid for repairs to elenmera... To directors and waṁtors 164:4 ...... Balance to be appropriated, viz. :-

Dividend of $1 per laro of

186,000 shares.

To be carried forward to new

accented

103,588,362,48 31 Dec., 1501.

12.45.024.02 4,745,544,05

Cr

$80,000,00

26,160.88

By mount brought forward from last ne

By not carings of steaniors... By interest on investiments ....... By for fou

हूँ

c.

13,301

4,750.00

$ c.

16.202.25

$124,902.10

the

The

the

140

ber Emperor. .his

them

establish that under full steam; with foreul draught, of waking known to the Emperor |

The Rivet Company (Limited). Stokeroas Works, Contbrilge, are re-ived orders from the Admiralty to supply the hundred toas of rivets per week for the next three years, he rivets to be delivered at the various Dockyards. It is thought, from the largeness of the order, that a busy time is contemplated in differont Dockyards for a cousidorable time to come

There will be a run of promotion in the higher ranks of the mary ou February 20th, when Sir Edward Seymour becomes Adhairal of the Float. The compulsory retirement for nge among flag officers will be limited in extent in 1905; but sorerul voluntary retirements are likely to tako place. The maraes are mentioned of three officers who are said to its contemplat ing voluntary withdrawal. As yot, however, these reports require confirmation at the Admiralty.

the

threatened, and would

1 view of the present sateracy, and his will. condition of mind of all these who think with terror and aversion of what has been set forth above; it is not in human power to dong

which are heavily oppressing and wringing every heart. It is not the cment to keep silent when the Fatherland is is dunger, and children must not be forgotten. Although, The present condition of those with families

as president of the Zemstvo, I am deerned guilty, my conscience, as far as the Emperor is concerned, aovertheless romuine olear" and BASY.

HERR FRIEDENTHAL,

The excessive amount of cel consumo in the cruisers of the county class under full steam Port Arthur was the symbol-the outward with forced draught has caused considerable 137,816.77 and visible sign-of that triumph of Mescovite perturbation in the Engineering Departments It is stated that over the hundred 16,990, coming au bluff over British singgishness

and imbecility, and thence-forward we reaped tons of coal per day are burst under the CO 131, as we had gown. But all that time, Japan was ditious, and that the extreme height of the 54, quietly

cily proparing to win back the prize whoreof funnels induces an exeuss of changht and a cor- 2,360,25 To ha

her to be despoiled. Vory responding assumption of coul. In order to

estates of the real constitate. 11,136.03 silently, very patiently, she waited, watchol, bviate this the funnels are to be reduced in,

I am strongly convinced in my own mind and worked, because her hour, was not yet como height, and it is stated that this in some cues

that

if the Emperor,

baring candidoneo in them, but it was coming. It has domu now. To-day will amount to fiftoon fe-t

qunatity of

would only allow thesa forces to approach kitu, Russia would be relieved of all the terrors of org death or in or over the great fortress, fuel consued under the circumstances stated is that fortress which is now, as in

about one-sight of the total coal bunker spanghinary revolution with which she is now 1,200,000.00 syuubel of her saccess-the symbol, this time, of city. Under normal conditions the coal con

her unalterable determination to hold what she sumption does not exceed to any appreciable 100,000.00 has won, because it is the pleilge of her national extent that of other ships of the cruiser class. 450,000.00 safety, of her very existence as nation. The But it is considered that the excessive consump

Triple Allianca of 1804-6 looks very fooling this tion required to produce a high rate of speed 15844148 morning, but who shall say what sheas seriously impairs the value of these vessels in $4793.00 are not hatching in tho Chancellories of times of emergency. It would practically meau 30,926.36 the Continent The

permausat meat of the Japanese at Port Arthur they would only be able to keep the seas for 12311.12.

means the death-blow not only to Russian but to about a week. The ships a& fighting units, other aggression against China. How do we ap rt from these conditions, are undoubtedly know that, whenover terms of peace come to be valuable additions to our fighting force, and it discussol, a second attempt will not be made to is confidently hoped that the professional offers rob Japan of the spoils of victory? This time, of the Engineering Department at the Admir- however, we shall be bound to her by an allisonalty will be able to surmount the difficulty. which se avowedly based upon the fact that Japanese and British potivy in the Far East 14 "identical" Aro we prepared to do enr duty to ourselves by doing our daty to oft allies Or are we balling between two opinions, and 106,160.58 shaking in our shoes for fear lost circumstatices should compel us to make a firm stand We $124,302.10 have not been very profitable to the Japanese hitherto, we have given their enemy all the assistance in our power; we here extorted the Baltic Fleet through the Suez Canal after 65,003.17 allowing it to coal there, which we refused to 12.821.09 allow the the Spaniards to do on a previous occa

11240sion. Are we going to do our duty botter in the futurethan wo have done it in the past? It will not be well for us if we do not. Port Arthur is the DEPRECIATION AND INSURANCE FUND symbol to-day, not only of the downfall of Russia

2 c..

in the

East, but of the future supremacy of 600,000.00 Japan. Houceforward our own position in c. China will depend very largely upon the good 000 000 00

will of our allies. They are still our staunch FUND.

friends; these Islanders

rs of the East love the $ c.

It is a pity that the Admiralty should be Islanders of the West, and are prepared to work 250,000 with them loyalty for the development of the resorting to temporary rank in all the com.

c. 250,000.00 vast resources of Clann Shall we respond to mand- in the near suas.

Vies-Almirals ir the appeal? Shall we treat our alliance with Arthur Wilson and Lords Charles Beresford, them as an international enatrnet of binding in command of the Channel and Melitermusan validity, to quote the official phrase, in the fed

flects respectively, are to have the rank of in the letter? as wall

We owo a great admiral, and Rear-Admiral May is to have the Our Russian contemporary, the "Nerve pit of gratitude to Lord Lansdowne formal, and Roar Airworld is litter Vreuga," is mach exercised in its mind over to obtaining that contract for us, and we wast to lear the lists, so as to promote the youngar way in which Admiral Rejestrensky's lot in look to it that we do not throw away the men when it is desired to bayo at sen comitralling being shadowed by British ortiers, which, instigable advantages it confers upon as. the foots. There are a number of vice admirals believes, do so for the purpose of keeping Japa Port Arthur is the symbol of the rise of a great who would retire if the thorities would nus agents inforined of the movements of I that

Asintiu Island Power that calls to the greatanmuge with the Treasury to anticipate their force. The "Noveo Vremya" may be right in its

proaction to fall dag rank. fue's, Int it is wrong in its inference. Il Tritish European Island Power to share with her a glorion future. Will England answer to the cruisers are shadowing the Baltic foot, it is pot

call?-Puti Mall Gazette. ₫ 1,800,000 10,000,000.00 | because they

wish to give information to the Japanese, but because events have shown that it 35.501,324.98 115,009), 156.41 is not safe to leave it wandering about the high WHY THE AMERICAN SUCCEEDS.

1298,629.8t seas alow. We do not know when the eminent commander may begin to see things" again, and $274,793,700.03 it is sometimes bost that the policeman sharki

A twenty-months' residence in St. Louis be handy whetia person liable to homicidal zonaia forms the basin of some reflections on the causes is at large. We really cannot afford to have this

of American succoss which M. Lucion Sorraillier amok when it

when it gets into a contributes to the Timer. He attrilates the squadron running ino crowded with slipping which look to us for success of the American to his willingness to 15,000.00 protection, and English opinion would not stand take risks. An American is not content with

repetition of the North Sea insident. We feel

one thriving business, but will speculate in tolerably criain that Admiral Hajast veusky and another enterprise, or twenty, relying on succoss his officers will not make another of thosa uu-in one to compensate for failure in another; fortanate mistakes white British warships are whoress the Englishman, with his prejudies present to explain and correct it. Their p

r presative against norulty and his horror of failure, runs 88,594.may, as the "Novoe Vromys" sare, bu subjecting less risk, but at the same time less chanes of

the personnel of the squadron to a "sovore nerv

a brilliant success. ous strain," but we must be permitted to point out that the alisolate lack of any explanation of its previous action compels this country to treat ...1,118,240.42 HD

it as irresponsible, sud to take acasures accord: To trust to silver ruservefundingly. British cruisers are free to shades this

Cush

AKHEIN.

Coin lege with the Hongkong 60

ver treat against note circulation

in excess of $10,000,000,

Bullen in ul and in transit

M.

31st Dee, M.

$274,708,700,933

$

ง : aces

30th Den,

Dr..

Cr.

C..

By await at credit

37,472,797.82

Blat Dev., 1001.

To balanse

8,500,000,00 5,731.080.35 By minotal at credit 2,035,153.36 9,214,976.08

30th June, 1901.

EQUALISATION OF DIVIDEND

Dr.

Cr.

THE BALTIC FLEET.

Indian Government repee psperm Consols, Colonia and other earities Sterling rente fu dinveatsnunt, viz. :- £57.600 per cent Consols

£ 484,500

(of which £250,000 odgod

with the Bank of Eng

spacial Lon

los mosdrva19

£20 4 per cent Nat

on war loan;-at ... £325,000 Other sturling Becurities, written down

10

340,580

286,000

Billa discounted, loana and credita

Bill 10 valo

Bauk preakers.

-GENERAL PROFIT AND LOSS 31st Decomber, 1904.

To amounts writion of:----

Ken..mation to directors..........

Tordis beard weal

share on 80.000

S

ACCOUNT.

$

fare,+£12,600 nt ds. 6d. 564,333.33

Bons of £1 per slate on 2000 ==£80,990 at

355,555,55

To dis ideal sužjustinent secount

Diftene in exeliange between 44. dd., e at which the divided and bdselared, and 16. 119-18th

the ale of the day........................... To taunsfer to bank promiseus

C.

...

F

The death is annunced at Folkestone of Captain John Henderson-Smith, R.N.R, at the age of 78. For more than a quarter of a contury Captain Henderson-Smith was commander of his Majesty's ship Worcester, the Thamos Nautical Training College.

A JAPANESE PROTEST.

39

MALK

PER CAY OF 8 DOZEN PINES... $10.00

BASS' LIGHT GRAVITY

PTR CASK PINTS...

PER CASK PISTS...

PER CASE PINTS...

FER CADK PINTS...

$18.00

$26.00

**

$18,50

$24.00

H. PRICE & CO.

12, QUAN'S ROAD CENTRAL.

ROBINSON

40

PIANO Co. LD

PIANOS ON HIRE

FROM $19 PER MONTH.

THE LATEST MODEL

This great pianist is on his way tó Hong- kong to give two recitals, one on Friday Monday next. The Peking the other on and Tientsin Timer said: We believe we can without fear of contra liction

that Bay no musiîur of Herr Friedenthal's standard has ovor visited Tiitsin before, and that the artist was appreciated from the first note to the last was orient from the rehemence with which TALKING the majority of the items on his program ne ware applauded on Monday night. The fact that A pianoforto recital should bare drawn such a good concert house was in itself suficiently remarkable, and the entha-kustic reception accorded number after murabor left no room for plant that Tilsin, though small, is in- tensely discriminating, and iterance fow com. munities of its size quicker to appreciate genuine art. It was immediately recognizad that in Herr Friedenthal's playing musical trelnique and Iborious study have mat kille or crumped music's soul, a result which ensues ply to frequently in the professional acquisi tion of a fire execution. There is nothing mechanical in Herr Friedenthal's porformance.

MANILA.

Probably no ofhor public improvement con- femlated by the Commission interests the re- sidents of Mauila more than tho plan to reclaim a large section of the bay opposite the Lanote, which will be added to that park. This im provement can be made at a comparatively small expenditure at the present time, due to the sar plus material from the harbour dredging that: will be available for the

purpose be done aitbin a reasonably short time, which is another attractive feature of the undertaking.

It can also

Bince American occupation, the urlargement

the

park

and beautifying of the only driving Manilo, has often been diseased sad many The following latter; written by a Japanese, tentaties plans proposes to that end, but no appeared in a South Australian paper: "You considerable amount of work has been done on Australiassa make prout efforts to trade. Your the park of the old regime. The plats proposed Parliaments borrow large sums of money for will increase the area of the Luneta many times the purpose of dredging harbours, building and will afford ample space for walks, drives docks, wharfs, breakwaters, lighthouse, &c. and mich other improvements as have been You appoint commercial agents to the East,

ast approved. The thirty-six additional acres to be and thon you pass legislation which delibera. added will give Munila a

**puidio pare that will "I once endeavoured to introduce a new taly insults the very people with whom you not disappoint

the that visita stringer machine in England, and offered it on trial to are making these efforts to trade. You give Lunets for the first time. There will be ampla leading firm in the trade, at no expense to your children ponies to put into the Sunday space for driving without any annoyance. from themselves and with no conditions to purchase. school missionary boxes for the purpose of con

the trual

congestion that has always been so They refused on tho ples that they already had verting the heathen (and you as all the noticeable at the hour when the Lanets is most all the most up-to-date machines. Such a coloured races, under the category); but, even inviting, and instead of f circling round a plot of roply from an American firm is inconceivable: after $4,745,514.05 for stratogical reasons of our own.

Naval Power is not going to allow a 2oot of Another English firm rofused to book ordera ther have been converted, you regurds or three acres, there will be ample space their prevence as a degradation hd a websce to take an airing and arive. The present plan foreign battleships to patrol unwatched waters because they had enough work for two years and their creation as a blunder. All Chris also includes the extension of the Matocon ia which such battleships are not usually seen abd. An American Erni would, I imagine, dem to-day prays Thy Kingdom Prophets mils or more. This will be done by the con- coure. Thy slong the beach from this Luneta, a distance of a will be done on earth ng it is and in which she has vastly predomiauat in- svo risked at extension of plant and tiny tanked forward to the time whan the whole shore and will afford a dri̟raway similar to the

(rainy of

spaken of struction of a sea wall and boulevard along the

present Malecon-Cublenews.

To balance forward to next half year....1,195, 8.75 est, partly to protect pozooful traders, and

CA

By i nie of undivided pro $

fits, 3th June, 1901

By amount of net profits for

the six months ending lat

cer, 1993,

after

making rovision for bad

and doubtful debts,

dacting all expecs and

1,492,651.31

interest paid and dua. 3,52,089.74

$c.

torests.-lobe.

The

A

And

tinuation of orders tó Another risk the American

a con.

of them entoured men)

have

ፒዛ

brinen

10

MACHINES

AND RECORDS.

NEW MODEL

OWN MAKE

UPRIGHT

IRON GRANDS.

PIANO

PLAYERS.

$300 UPWARDS,

20%

OFF MUSIC

ORDERS OF $5.

Hongkong, 2nd February, 1905.

*

DR. NEWELL WILSON,

DENTIST.

Latest American Methods Reasonable Fe

is to and ABFUZIO An agreemant has been signed between goods at a loss with a view to create a now earth shall be filled with the knowledge of the

There is the Government of the United States and of market, relying upon the force of habit which Led

not a professing Christian ywhere bat must

ust admit the inclusion of the the Republic of Panama, establishing fres leads a customer accustomed to a certain article anywh

of every tribe and nation the Gospel The desire for increased facilities of inter- trade between the Republic and the Caan to gradually pay an increasing price for it until 4,745,544.05 Zone. The ports of Ancon and Christobal, the sale becomes profitable."-St. James'

plan of salvation, which

to her communication between the various parts of the for

Caselle. in transit and

may enter British Empire is producing some remarkable markable position that the goods in $4,745,5413 however, are open only

out may not enter Australia. Truly.sults, not the least interesting of which is Henver, for uso in the construction of the Canal. Merchandise ontering

ering the Republic or the

the logic of the wonderful White Australia proposal to link up Canada and Scollaud by a bising leads us to some strange conclusious. line of octen stemmers running between Halifax Good enough to

dwell for

in Paradise and Fort William.

There is

latter, epital bim and Seraphim the spirits of just men made railway connections, and it is claimed that the perfect, the glorious company of the apostles mails und passengers could be landed in London 1er FLOOR, WATKINS' BUILDINGS and proplists, the noble array of martyrs; but at least eighteen hours in advance of the pres not good enough to dwell on the same continent ent time of arrival via Liverpool. It would be with Mr. J. C. Watson and the Australian entertaining to hear what they think of the Labour Party."

proposal on the banks of the Mersey,

STERLING RESERVE FUND, -

$10,000,000.00 Canet Zone for consumption is to be dut abla 10,000,000.00 at the rate of 10 per cent. (cold) ad valorem.

To balance

By alance 30th Jung, 1904

(invested in sterling securities.)

SILVER RESERVE FUND.

To balance

The agreement farther provides that matters

LATEST STEAMER MOVEMENTS,

The Indo-Coins steamer Laisang, from Cal with God Almighty, meezing Chera and excellant auchorage at water depth

of sanitation and quarantine in the ports of cutta and the Straits, Wit Singapore for this $8,000,000.00 L'anston and Colçu are to be under the control port on the 8th inst. at 6 am, and may be es By balance 30th June, 1904............ 2,000,000.50 of the United States Government. The Re-pected here on the 14th inst By transfer from proft and less account 1,000,000.69 publio of Padma agrees to rodues its port

The HA.. steaner hak, from Hamburg. and to postal rates, and to introduce a left Singapore for this port on the 7th inst., p.ur., 28,000,000.00 charged

gold standard.

and may be expected here on the 15th inst

No charge for examinations, Office hours 9 AM to 5 P.M.

$1, Queen's Road Central. Hongkong, 19th October, 1904.