1908-02-15 — Page 3

Page

UNION WATERBOAT COMPANY.

BALANCE SHEET 11ST DECEMBER, 1907.

LIABILITIES,

1997. Déc. 01

To capital 50,000 shares of $50

oach fully paid up, To Admiralty

LAH,, £20,000, 0, 0 Loss Topay

monta, 10,146.14.10

2858. 5. 2at1-97. To No.1 Dock Extension

The third annual meeting of the bareholders in the above Company was held yesterday after- noon at the offices of Messrs. Dödwoll and Co Mr. G..B, Medhurst presided, and there were also present Magsra. 8. Silverstone, G. C. Moxon, Dunear Clark (sonsulting committee), E. G.. Barrett, Tagadi, B. Mori, A. H. Skelton, A. Ritchie, T. Skmner, G. R. Edwards, JW-To-Balance of Proft brought. C. Bounar, J. A. Auld, and R. Coughtri (Poretary).

The Secretary having read the notice con. Tening the meeting,

The CHAIRMAN gaid-Goutlemen, the re- port and accotints have been issued some days, ́so, with your consent, I propose to take them as rend. In April last we amalgamated with, or rather absorbed, The Hongkong Steem Water Bost Co. Ltd., and allotted shares in payment. of the assets of the Company, our paid up capi al now stands at: 277,230; In June we auch

another steam steel water hout, and with the Fator boals we-took over from the Hongkong team Water Boat Co. our fleet numbers 12 tam water boats, one junk and a small launch. Fith this. She we are fully equipped for an pansion of our trade which we hope will atinns to increase. During the year we bont asiderable sum of money in ropairing id overhauling this boats-saken over from the company, which amount has been debited working account. I may mention that enr re large steam ateel water boats are inanred: it so far we have not on our way to turd to insure the mallar boats. We

horerer aiming at creating an insiz o fund to cover the risk. You will bole m the report we propose to write $13,6 10,77 the value of the boats for depreciation, and hat this will meet with the approval of suure dera. If there are any questions you wish Bak, I shall, befure proposing the adoption: the report and accounts, be pleased to answer

he best of my ability,

there being no questions, the report was pted on the motion of the CHAIRMAN, inded by Bin SKELTON.

Accoust.......

To Marine Insurance Account,

To Sundry Creditors.

THE HONGKONG DAILY PRESS, SATURDAY, FEBRUARY 15TH, 1908.

2,500,000.00

To be written út book value

of propertice

To be writton of book value

of wharves To be carried to depreciation and insurancs fand............. To be carried forward to

special repairs fand......... To be carried forward to new

accontine

Decembor Slat, 1067.

- 1,630.09.

2,000.00

$15,000.00

20,000,00 16,487,01

"By amount brought forward from last

accounts

By not carnings of steamers

9,361,45

150,000.00

09,699;43 2:1/1,690.40.

forward from last Account, 481,580,50 To Pecit for the half-year and

ing Deepmber 31st, 1907, 160,81 1.95

852,102.51

$3,571.933,8

100,000,00

To balance

1007. Dec. 51 ASSETS:

Aberdeen.

By Value of Aberd en Docks, an per last Statement,

Kowloon..

By Vaio of Kowloon Docks as

por last Statement

2,431,523

By Anouat paid on count of Boiler Shop Extension und additions to Plout, * 16,932.00/ No. 1 Dark Extension Accomt. By Atom pada por Inst

Statement, By Amount orponder, during His mothe 1st July to Rist Dealer

3007, 1

--Cosmopolitan.3 By Value of Cosmopolitan Dock, By

Statement thi of Tag: hedgorn Latches, Lightera "and"

SS. Sotsugon

uut Statement.

by Bundry Debtors...

By interest on investments By transfer foo

0.

37,102,59

DEPNECIATION AND INSURANCE FIND

December 31st, 1907.

June 30th, 1907.

508,155,00-1 –By amount at credit

24,850,30

EQUALIZATION OF DIVIDEND FUND Deccoilier 31st, 100%

33,035.77

'57,885.08 To bulance

303,066,02

June 19th-1997..

By amount at erolit

306,284.80- 522 321.24

By Value of Materialexperides

qu Work in progress, 228,162,85 Dy Valtie of Material on hawi,,445, 266.18

REVENUE ACCOUNT. 1967. Doc, 3k To Augant paid during six ills reconstructie Caissot, No. 2 Dock, ..... fo Interest

To Grown Rent. 2. To Fice ipsurance To Ofice Expuse

Salaries.

Stationery and Ront of Head Office,

To Talegrams.ines To Legal Expenser,......

To Marine frikanere Accoană, To Prost...

1907. July 1 to Dec. 31

Ir. T. SKINNEK proposed that the appoint. By net rings,

it of Messrs. D. Clark, G. C. Moxon, and Kasemoti to the Consulting Commities be ärmedi

ir. BONNAS secunded and the motion was - jind:

bo CHAIRMAN--That is all the business;

Idend warrants will be ready to-morrow

ing.

-1,713,920,00

$5,571,043,86

12,498.30 36,489.88

THE HONGKONG, CANTON AND MAÇÃO STEAMBOAT CO, LD.

At the last

BUDDHIST PRIESTS AND -

WESLEYAN MINISTER.

ÄN”INTERESTING INCIDENT.

rough

When this was evilent, I was

⠀

|

|

t

KING EDWARD VII

PO PRINTORS;

LIQUEUR WHITE

EFFECTS

THE DISTILLERS CO, LTD,

EDINBURGH.

WHISKY, LABEL.

$15 PER CASE

BLT

WORTH MUCH MORE,

H. PRICE & CO., LTD.

SOLE AGENTS —

TELEPHONE NO. 135.

:31:

-WINE, SPIRIT & CIGAR MERCHANTS,

12, QUEEN'S ROAD CENTRAÎ.

THE PEKING SYNDICATE SELLS SHANSI RIGHTS.

TEST OF THR NEW AGREEMENT.”

RECENTLY SIGNED.

The "Shuntion Shil Pao" publishes the following particulars of the now agreement just sutered info between the Peking Syndicate and the Bureau of Trade of Shansi.

1The Burran of Trade of Shansi undertakes to raise a fund for the redemption of the mining agreement of the Byndicate in Shanai, together with the iron works and means of transportation also the supplementary. agreement in regard to the same, and as the Peking Syndicate is satisfied that the people of Shansi really desire to carry out the mining work themselves, they hereby agree, that all their rights in Shanai in regard to soal and iron and sons of transportation shall be redeemed, the work being undertaken by the Shansi people themselves.

2. The amount of the redemption fund is Arranged as Haapao Tis, 2,35.000, the Bureau of Trade being responsible for its payment half in cash, the remainder iu instalments.

3.-The above sum, for which the province of Shansi makes itself responsible is to compenZATO the Peking Syndicate for the loss of various profits and benefits in retiring. It will be a matter of no concern to the Shansi people if the Syndicate exploits other provinces,

4-The half of the amount will be paid on 14he 20th day of the First Moon, 4th. Fear of rang Hsa, the first instalment, and the remainder will be paid in three instalments daring the 35th, 30th and 37th years of Kwang Hen, payment in each case being made on the 1st day, Fourth MoonT

5.-The money will be reckoned in Hongping

taels without discount or reduction, the Bansi remitt spen to Peking, and interest on the loan which will be raised from the land tax revenue:

Offcials being responsible for the expenses of

WOMAN'S

CHARMS

Of Skin, Hands, and Hair

Preserved by

Cuticura

SOAP

MEDICINAL

TOILET

The Rev. C. Bone contributes to the N. C Daily News in interesting account of a Buddhist caremony, and a still more interesting account of how he came to use it. He was travelling in. 190,087.01 bost on the North River when Chinese-musio

attracted his attention. It came from a PERFECT 1 MELLOWNESS, AGE AND $223,096,75 | Buddhist monastery on the bank, and he landed.

FLAVOUR, "I was enabled to escend the steps and enter the monastery unannounced and unsuspected. RIGHT WHISKY TO TAKE, NO ILL 164,332.67 I distinctly remember the impression made by 12, 404.10 may intrusion." And no wonder! I was carrying 8:00 in my hands a double-barrelled guu; I held a algar between my teeth; I was wearing the $93,056.75 white pita bat so scesary In the South of China. Thus an uncouth foreigner auddenly stood at the throghold of the building. The immediate "Effect was comical. Had one -250,000,00|of the Chinese lictors from the lower world, olad in the blood-red uniform, $540,000,00

horned, and with projecting teeth, stood before the musiciaus, holding over them a long and gleaming sword, they could not have 500,000,00.- showa grester sstonishment. They, suddenly

stopped their music-and it was clangeur now," $650,000,00

an one approached it closely-as if the entire band had been worked by machinery. Anion- atically each allowed the instrument he held drop by his side winding foreigner. he stared at 250,000.00 the apparition of the

Fr the space of several seconds no one $230,000,00

spoke. Then the comicality of the eitan-

from tion. swept me

my feet and I o burst into an uproarious laugh. This broke $50,000.00 the spell. Subterranean liptors do not longh. The situation was grasped. A peripatetic $230,000 foreign devil had atraged into their ballding Presently I apologized for my intrasion and begged them to be as good as to advise me as to the cause of all this especial excitement at an COTTON CO. DIVIDENDS.

hour so early. One man, probably, the leader, The Naigai Wata Kabusliki Kaish (Home jerked with his band towards a door at the and Foreign Cotton i'r ding Company, Limited) upper end of the court-ya d and, exclaimed,

The priests are enthroning an abbot' has issued a very satisfactory report for the

We haven't the slightest intention to find Inst balf-your. The net profit shown amounts to Y208,558 in addition to Y86,954 brought fault. It really rooms unecessary. Besides, Bone apologised for his 4073,05 over from previous scoount. This permails of the Rev. Mr. 3,288.70 distribution to shareholders at the rate of 15intrusion. Let us come to his description of the

per cent., absorbing Y-17, 97, while T50.800 enthronement of a Buddhist Abbot

Perhaps fifty monks were there, all olethed 28,230,81 is added to reserve, Y31,200 paid as bonuses to

in the orthodox yellow surplices, except one. 1,174.76 ofloinle; and Y97.926 carried.

He was slad in the most brilliant of red robes, 5.42.80 remi-anonal meeting, when the company and upon his head there was being placed 8,200.00 brated its twentieth anniversary, the Chairman

most peculiar red mitre, in shape something like 160,6108

gave some interesting particulars of its founda

that worn by Bishops on special occasions, 273,500.25 tion and progress. He said the company was

astablished in 1887 with a subscribed capital of Again, as soon as I was discovered, there was a 278,590.25 Y500,000, only one half being called up, to sudden interferenes with the ritual breath carry on business in raw gotto. In 1895, after of curiosity rippled over the company. ke mach 9-70-200-25 the China Japan war the cotton industry in looked up to see the strange sight, The Japan made much progress, and the company priests and doubtless been gathered from took that opportunity to extend its business meny inland monasteries, and perhaps had merer scom a foreigner before. All, there- scope. In 1990 the capital was ingressed to

Eove, stared at the strange apparition. The Y50,000, a branch office was opened in New York to develop the import business of American-one slothed in red was seated in

chair, upon a dais. He looked at me, after the cotton. In 1903 the company became the owner The report of the board of directors to the of a cotton will formerly known as the Oralta Brst feeling of curiosity had passed away, with bava glomon. Thank you for your attendance.ordinary half-yearly meeting of shareholders Kenshi Kaishs, and the mill is now working profound "dislike. If a look could

satisfactorily with 7,618 spindles and 349 looma, aunibilated me, my sud had con. However, I to be held at the office of the company on

In the succeeding year the late Japan and India food respectfully by, and showed no intention

5.—The original agreement was made by the Tuesday, February 25th, reads :---

Bureau of Trade with the approval of the The Directors beg to submit to the Share Trading Company amalgamated with this on and felt no inclination to è starb what was

pany, which thereafter did not restrict itself to ERIAR-OD holders the Report and Statement of Accounts cotton, but began to handia metals, hardeste. Evidently I had arrived just at the Governor of Shao, and sanationed by the INGKONG AND WHAMPOA DOCK | for the half year ending 31st Decemher last.

chemicals, cotton and woollen manufactures, Ficent that the abbot land been enthroned. A Throne. Now that fands bare been raised to Domak pas just removing his hands from the strik redeem and cancel that agreement, the Wai ᎡᎬᏢᏒᎢ .

After paying running expenses, stories, dour, and other generi merchandising handgear. I waited in some curiosity for whit Wu Pa shall be mared to instruct the Governor

the company doubled its capital bought up premia of insurance, repairs and all other other cotton mill located at „Nishinomiys,

would happen next. Suddenly three priests of Stansi to communicate with the Rarenu și knealed before the abbot, and the middle one of | Trade stating that the redemption payments o report of the Board of Directors of the charges, there remains including 827,101.59 which has now 24,864 spindles and 556 looms in

the three raised a bowl, filled and besped up with must be faithfully made on the appointed dates. operation. Throughout its existence the com gkong and Whompos Dock Company, brought forward from last secount, the sum of Itod, to the ordinary yearly meeting of $190,087.01 at credit of Profit and Loss Account, pany has maintained in average dividend of 15 edibles, and held it to the mouth of his lordship Ne arrears on evasion will be allowed. saholters, to be held at the Offoes of the From this amount the Directors recommend per cent. The Chairman farther stated that in the chair. The appearance of the fd7As the mines of Shansi are hereby restored owing to the advance in land and other progested pickles. The newly created abbot to Minese control, and Shansi province has ne Cpany, Queen's Buildings, on Monday, that a dividend for the half-year of one: dollar parties the rest value of the company's assets simply sniffed alit and bowed with stupendons Intention whatever of contracting any foreign Fuary 24th, reads:-

and twenty five orate per share or $100,000 be far exceeds the book valge, For example, the gravity, after which the food was withdrawn. loan, the Feking Syndicats withdraw all agree- What the import of this part of the programme i ments in regard to mining regulations in regard. the shareholders of the Hongkong and paid to shareholders, $25,000 be written off Nizbinomiya mill, which was formerly purchased was I could not discover. It came to me that, perto, coal, iron and transport; but if by any Wmpos Dook Company, Limited.

book value of steamers, 31,659-be written off

st £550,000 and to which some additions and

to turn away from the temptations of gluttony, foun it shall notify the Syndicate, and if the atlemen, The Directors have now to book value of properties, $2,07 by written off improvemente were made, making the total har, if symbolized the duty of the abbot always possible, chance Shanai wished to contract a

mount spent on the proporty Ye81,000, is now

for while this bistrigaie pantomims was going latter's proposals are fair and moderate shall suit to you their report, with statement book value of wh rves, $25,000 bo transferred to valued at more than Y1,20,000. Other properties on the other priests sented themselves at two proceed to further negotiations, Otherwise ofaccounts for the half-year ended at Depreciation and Insurance Fund, $20,000 to show similar results. Taking all thess into con lang tables, which were heaped up with all kinis arrangements with others shall be made, to

account Sponial Repairs Faud," leaving a sideration, the Chairman extimated the total of vegetarian foodstuffs, and fell to in good which neither party shall object. Doober, 1907.

Besels of the company on the most conservative earnest at a good meal. The abbot was expected be act profit for the six months, after pay-balance: f $6.487 1 to be carried forward to estimate to be worth it last Y5,000,000, while to content himself with a sniff and a nod, where

The subscribed capital stands at Y2,500,000 8160,611:95 During the past balf-year the Chineas com- The report of the Tokyo Cotton Spinning upon the basin was removed. The two priests remained knealing whilst the other priests took their meal, all in silence. The scene was im petition on the Macao Canton Line was soCompany for the last balf year shows a net sovers that your Directors considered it becomery pront of Y283,754, including the amount, to withdraw the small steamer Lungahan brought forward. After providing for reserve prosaire. Just at this moment, at a given sign presumably, the musicians outside once more de se divident has been paid at the rate of crashed Forth their music. This was the signal from the line, pending other arrangements. 18 per cent, per annan,

that the farction was over. Every one present The asan! Government surroy and ororhaul

serambled to his feet, and the abbot, with con-

3.The Peking Syndicate will be responsible of the steamers "Kishan, **Sai An" and

siderable loss of diguity, rolled out of his chair, for all losses consequent on their love of Sui Tai,have been affected during the half-

aud from the dais to the floor. Moreover, after opcupation which are experienced by the the ingrained Chinese fashing, each began to engineers and other employees of the Syndicate. year and the fat is in gord running order,"

disrobe bimself where, he was, as he moved, 10-The money for the redemption will in bereupon in a promiscuous orowd, helter the first instance be borrowed by the Bureau scelter, like a fork of sheep, though were of Trade, and the entire amount will be Jerised A Shanghai message published in the Japa disarranged, they all pushed their way, and one from the hand tax, and the whole of the S ang nese papers states that the Shanghai Chambar another, through a door at the other end of the Province sereage tax should be devoted to this of Commerce has brought to light the infținge-room, and--left me standing there quite prpos, this tax being a pabllo fund adminis alone and full of wonder at the sudden tored by the people for the benfit of the whole

This is one of the greatest movements tha manufacturer. In the trade-mark appearing on collapse of the whole scene of display. province and may be used for the redemption foreigners totally ignore, on account ko combi the Japaness imitation, the words "Made in For the moment I was taken aback at the of the mineral-rescurces of the Pravinge, which of the diffealty of Chinen ting. The pre Nippon replace the words Made in Msn sudden collapse of the imposing ceremony are the inheritance of the people as a whole. But sant is an era in Chinesen aire comparabl chester" on the English label, all other details However, I determined to-follow on with the prior to the payment of the entire mount a to the Elizabethan period and the Frenc on the label being precisely similar. It is stated trilin order to ascertain what, if anything, alte ation shall be made in the rats of the land induence on English literature in the sever that the imitation has been duly registered by might happen next. In my quest I passed an fax or any exemption allowed. Should the land teenth century. Thousands of Japanese term the Japanese Patent Bureau The hope is open door and looked it. There I discovered a

tax pr. vo insufficient, the high cffcials of Shsnai expressed by foreign merchants in Shanghai dozen priests, those who had lately been at the must meet the deficit from some other source. that when the trade-mark protection question solumn ceremony; but they were transformed

Has the twenty articles of the origins! în Chine is settled, provisions will be made for now. Every vestige of dignity had been agreement were spproved by the Taungli the prevention of such dishonest practices an thrown side, and they lounged on divana, in Yamen, the agreement new drawn up in settia those of which the Japanese are guilty.—Japan | the most every, ay drese that a Buddhist ment of this case shall also be confirmed by the Chronicle.

munk can wear. Some were already smok-Wai Wu Pu, and recognised by the British ing tobacco, and others had taken opium Minister who guarantee the performance of its

their hands, pipes into

As I looked terms by their respective nationals. into the room, still eary, ing my gun one of the priests shouted out, A foreign devil thou, what dost thon want! With a frown, that boded no good to them (!) I replied, 'If a

then Chinese devils are you foreign devil am I, The bolt went home. They gave a look ot blsak astonishment that anyone should suggest that these monks, the beloved of the Rulers of. the Western Paradise, were Chiness devile. Is it not so I added Then one sroximed. The foreigner is right. There followed general laugh and the spell was broken. was invited to enter and was hospitably treated." Admirable monke! What a saving sonse of humour theirs. What gentlemanliness! Our respect for Buddhist monks goes up several points. But we are tortured with curiosity as to what would happen if a Chinese priest walked into the Wesleyan Conference or a District Syned with a double-barrelled gun, a forboding frown, a cigar and an uproarious laugh, Bat that would not be the same thing, would it

in interest due and all charges, smounts to new account

-téwhich has to be added the balance ught forward from last account 491,580,56

ad from this have to be dednoted -- Directors' fees ...$10,000.00 Auditors' foos

750.00

Mr. Armin Haupt resigned his sest on the Board in consequence of his intended departure from the Colony and Mr. G. Friesland was nominated by the Directors to fill the vacancy

TRADE-MARKS IN CHINA..

PLANOTHER JAPANESE 'INFRINGEMENT,

10,750,00 leaving available for appropriation $641,442.51

The Directors recommend that a dividoed -for the half-year of 8 per cent, or $200,000.00 bo-paid to shareholders, and the balanco, $441,442,51, be carried to the new account.

During the past six months we have deliveredbject to confirmation by the shareholders-atment of an English trade-mark by a Japanese noveral of the new vessels mentioged in the last Therǝticing auditors Mesars. A.O'D. Gourdiu report, namely, a steel tow boat for Manila, and W; Hatton Potts offer themselves for composite tow boat for Singapore, firefloat re-election. and wood tow bost for Hongkong, while wo have disposed of a launch under construction for ourselves.

The other vessels were woll advanced at the close of the year, and the profits on same will come into the present balf-year.

The prospects of now work are favourable, as we have several engairies likely to result in business.

The dredger" Canton River was employed for several months during the past half-year, and is now under charter to the Hongkong and. Kowloon Wharf and Godown Company, Limited.

The extension to the Boiler Shop at Kow loon Dook and consequent alterations are pro- grossing satisfactorily,

DIRECTORS,

The Hon. Mr. W; J. Gresson, Mr. N、 A/ Siebs, Mr. E. Goetz and Mr. A. Haupt, having resigned their masts on learing the Colony, the Hon. Mr. Henry Keswick, Mr. A. Fuchs, Mt. W. Belmasdd, Mr. G.. Friesland have been invited to fill the vacancies, These appointments require obfirmation at this meeting.

this meeting.

R. SHEWAN, Chairman.

Hongkong, 31st January, 1908.

December 31st, 1997.

ASSETS.

Value of steamers · Honam,' "Houng shan, Sui-An, Sui-Tai' and "Langhai5 8th, of Powa, and Kinshan" and 1/3rd ofSki- nan "Nanaing," Lintan, Rod Samui ***

1,102,884.11

of Lighters Sunies" and Wal6,000.00 of Wharven, Hulks and Moorings... of Properties at Canton, Warhow and Kongkung

of Spare Gear wird. Staren

of Furniture

of Shares in, Public Companien,

of Chinese Bonds

Loans on Mortgage

Interest accrued ...............

Sundry Debtors

Insurance Prefnin paid for year 1908 Hongkong and shanghui Banking Corpor

ation Current Account

370,983.00

SHIPPING RINGS, 66,300.00

Complaints of the action of the ring at present 132,006.77

15,392.79 monopolising the shipping trade with Now 1,000.00 Zealand were few, but grave in character. It was not claimed, apparently, that the ratos 693.18 were unduly high, or that the service was 318,000.00 adequate. But both Germany and the United 29,516.87 States, our most formidable competitors in this 23, 138.46 market, bore the advantage of cheaper rates of freight. Hero are some of the Ring's rates to

·48,913:74-1-the Dominionie

From Hamburg or

174.91

$2,305,923,86

December 31st, 1907.

LIABILITIES. Amcant of Capital, 80,000 shares of $15.

oach fally paid up ja. at credit of depreciation nut in- autoo fund

--", at erodit of equalization à dividezid

fund

E.

at credit. of investment fluctuation account Unclaimed dividends Syndry cruditard

C.

From London,

35%.* 40%,*

Antwerp.

Crockery earthea

ware, hollow ware, and glassware.

296 ± 5 p.o. 1,200,000.00 Pianos......

324 6d. (through from Berlin), 550,000.00 Lamp chimneys...... 358. 25a,

Faucy gends 55830465, 6d. 250,000.00 Hardware

40%. 4ta 75,279.38 Bentwood furniture 349. 21. 29%, 6d,

4,428.00 -36,129,00

Plus 5 p... Lesy 28. 6d, rebate.

In accordance with clauses 78 and 85 of the Articles of the Association; Me. G. H. Medhurst and Mr. S. Silverstone retire by rotation, but being pligible, offer themselves Amount at credit of profit and loss- 190,087.02 extremely low in 1905 they rnlad at about 128. for re-election.

The Honourable Mr. Henry Keswick has "bean" elested Chairman for the year 1908. pr

.-... AUDITORS,

The accounts have been audited by Mr. H. U. Jeffries and Mr. II. Percy Smith, F.C.A The Directors recommend Meagra. Jeffries and Percy Smith Tor refoloution.

H. P. WHITE, Chairman.

Hongkong, 12:5 February, 1908,

PROFET AND LOSS ACCOUNT. December 31st, 1907.

I

LATEST STEAMER MOVEMENTS.

The Danish str. Tranquebar left Colombo on Friday, the 14th just am, and may be expected. here on or about Friday, the 28th inst

The LG.M. str. Manila left Sydney on Tuesday, 11th inst. p.m., and may be expected here on or about the 4th prox.

Rates from the United States are often

$2,305,022.86 6d. per ton for all olssses of

while bargo Loudon rates are 25, to 60 per ton.

American exporters have not, the report says, the advantages of fixed rates and regalar sailings; until the preference came into force, 793,639.7%.

however, they were steadily forging ahoad in

The Boston str. Shawmut arrived at Manila, 3,000.07 the market. In conclusion, the Advisory 4,360.00 Committee remark that the New Zealand yesterday afternoon. 3,000,00

To anout paid for repairs to steamere. To amount paid for repaire to Company's-

Wharves at Musso dela,

To directors sed auditors' fees.

To donations to Chinese proceseton funde

Hongkong and Macao ...

To baance to be appropriated, riz.

"To dividend of $1.25 per share

on 80,000 sharER, DESER $100,000.00

To ln wisition of bank valma.

of stere

25,000.00

market, though smail in comparison with some, The Silk ez R.M.S. str. Empress of India is considerable, is steadily expanding, and which left Hongkong on the 16th January, and presents great possibilities, and there is no Yokohams on the 23rd January, arrived in New reason why British traders should not maintain York on Tuesday, the 11th February, thus and-even-improve-their-position-in-it

making * keangit of 26 days from Hongkan and 19 days from Yokohams.

the Peking Syndicats undertakes to hand over 8. Three months from the date of signlug, the compconde and buildings at Ping Ting- show, together with all machinery, to the Bureau of Trade, The five places mentioned in the original agreement at which ars the properties of the Puking Byndicate, wil bo entirely restored and the Syndicate waives all rights and claims in these places.

12. This agreement is done in duplicate, 4 both Chinese and English, whereof each party helde copy one as evidence.

Signed on the 16th day, Twelfth Moon, (January 21). 33rd year of Kwang Han,

BALL ROOM: “RAGGING."..

LADY DANCERN BECOMING TIRED OF RUSHIN

THROUGH THE LANCERS,"

.

For preserving, purifying, and beautifying the skin, för cleans ing the scalp of crusts, scales, and dandruff, and stopping of falling hair, for softening whiten ing, and soothing red, rough; and sore hands, for baby rashes, itchings, and chafings, for san ative, antiseptic cleansing as well as for the toilet, bath, and. nursery Cuticura Soap and Cuticura Ointment are priceless.

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LITERATURE

3--10

INA.

AN MEL COM ARABLE TO THE?

ELIZABETHAN PERIOD.

In an article dealing with the spread of ada. cation and new ideas in the Chinese Empity, V. K. King, Chiness student, writing in the "Westminster Review," says that a very in- teresting sign of the times if the vast number of Chiness students now abroad. One of the most important results of this great exodus of tudanta, ho aaye, is the influenza It bears upon Chinese literature.

have been adopted and naturalized.”” “Now e pressions, bow construction of sentencer, t adoption of paragraphs (for the old system writing was continuouri and the use of inte jection-marks, are working a great revoluti in the literary world of the Celestial Empire. The development of the Press created reading public, and affords a aide Bold literary activity I picked up a Review recent date; and realised, with little diffon the difference between the old and new sty The old is majestic, wordy, full of postry - flowers of rhetoric, but diffent, constrain ambiguous, and with and want of warr and enthusiasm.

Give me any good work before 1890, an Dan point out at ones whether the author disciple of Hau. Yu, Liu Trong Tuso, or Ma Ch'ien, for-imitation was considered t "Ragging" in the hell-room is in the indispensable to good syle. But the ne opinion of eminent dancing masters questioned full of variety, of easiness, and originality by ap Evening Newa" representative to-day with a great deal of foreign element aro spiration. Erabody writes as he likes lowly but surely dying ont.

Ladies are becoming tired of the ridiculous days, and forme his style, hot from practice of rushing such dances as the classical models, but from his own persons

and in many cuase they The old plays, beautifully written in lancers," said one, have politely but quite frankly declined to varie, had long fallen into disuse, becsu accept partners who are known to indulge in their being too difficult for the multite

ragging

understand. The dramas that followed idout of the written in popular language, in bed vars According to Mr. Crompton, Imperial Society of Dance Teachers, the of very low taste. The position of a general tone of the ballroom is improving was so lew that he was excluded from the Svery your

examinations. A dramatical society ba

of "I am sure," he said "it will continue to do formed recently, with the object se amongst those people who admire good and the classical plays and introducing forel fluence. An attempt has been made to graceful dancing.

The English people are very good dancers, plays in prose and this has met with sued and it is a great pity that they should spoil their

-The students in Japan have written record by racing throngil our most graceful now and original pieces for their own a dances at express speed.

fact that would shock-sven the m ***** I feel wire that matters would impove still lightened alasa saven years ago. In t more if ladies would only take up a firm stand gramms I have just received, which i and protect against all forms of ragging in played this month in one of the

theatres in Tokyo hired for the oce One of the feature of the present dange season found, among other new plays, "I D the ball-room, in the remarkable success of the "Cecilian" Camélia," and "Uncle Tom's Cabin "- waits, which was introduced this winter by the strange contrast, but it shows how e Imperial Society.

in the change

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