1913-11-03 — Page 3

RANDOM REFLECTIONS.

Hongkong Mummers must surely created a record for Hongkong in ng a piter five times and getting well houses every time. And, above all, Shakespearean play, too! No er evidence of public appreciation

he wished for than this

-

THE HONGKONG DAILY PRESS, MONDAY, NOVEMBER 3RD, 1913.

THE OIL-FIELDS IN THE

ISLAND OF TIMOR

ideal one for Europeans, enabling oil- field work to be carried on without jeopardising the health of employees.

COMPANY REPORT,

HONGKONG AND SOUTH CHINA STEAM FISHERIES CO, LTD

necounts have been issued to shareholders The following report and statement of in this Company AWLING!

Sundry Creditors: --

Bradley & Co Jat $11,667,37 Compradore

Anditors Flesh

48.30

100.00

11,815.76:

Consulting Committeo's. For

$2,000 waired General Managers "Allowancd

$350. waived

Labour conditions cannot fail to attract the notice of a newcomer, wages

per day, br bd. per diem, for unskilled being, exceedingly low (20 Mexican conts Labour), without recruiting or any other expense, all that is necessary being to The General Managers and Consulting notify the local military commandant the Committer beg to submit to the share- the men are all forthcoming.

amber required, and within few days holders the third annual report and state- ment of accounts of the Company for the Beyond Customs charges and neces-funnel year ending 30th June, 1012 Investment sary licences, there is no taxation on either property or income

An interesting story is being told of an experience which H. E. the Officer Administering the Government is said, to

The following information regarding have had at the Central Police Station a few days ago. The story goes that His these oil-fields has been furnished to us Excellency, being in the neighbourhood by Mr. Theo, Bunje, of Hongkong:→→

During the last few years considerable of the Station, walked in to have a

look-see". He entered the charge room interest has been raanifosted in the where an inspecter was busily engigel at development of petroliferous land in the

Island of Timor Timor Island his think and one or two other members of situated degrees S. lat, and 120 degrees year when the nearest typhoon did the Foren were doing odd jobs. Anyone E long. It is 263 miles in length and Come within fifty miles of the Colony who has ever been in the charge-room can createst breadth is en miles. The There is samall statistical tax of ing held on 29th October, 1012, the undred thousand dollare seems a big picture the scene, It is a distinct land is about 2,100 miles from Hong-per 1,090 on imported machinery, and

ominal royalty on all oil exported, but o pay for typhoot damage. It advantage to u and sometimes to kong and 433 froin Port Darvin (the this is more than compensated by the mentioned that the largest item was unknown to the holler, but it mucarest Australian port). The Eastern rebate which is allowed on colonial pro dige to important roads in Victoria, have mildly astonished His Excellen half of the island belongs to the Portu-ducts dugo the typhoon synchronising with a notice that he was not rrengnised at

the Central Police Station. He inquired guese Government and the rest to tho that veigh tide. Taxpayers will hapy

has been re for the Captain. Superintendant. "You'll damaged preya the

find him in his office round the core surd which will not be

el with a material whic tide wading to the left, replied one of the the ad Apropos uf, this vote, it struck in words to that effect. Round the strruge that the Chairman of the corner His Excellency went, and made Fine Committee should have suggested hest known to another officer near

me

Dutch

any

They are divided into many small

per month-34,200

3,000 shares in the Nisshin Giögyo Kabushiki Kaisho of Ten 50 of which Yen 30 paid p You 105,000 at 961 $108.808.2 Less. Anion. Whil

ten off

18,808.29)

Sundry Debtors:

The Nisshin Gingye Kabushiki

Kaisha Yen 1.300.10 nt 965 Cash at Bankers

Posht rid Loss Account

The probmoury expenses in connection with the transfer and the formation of the Japanese Company including duty Overnment fees, legal and incidental expenses, etc nmounted approximately ben dobited to capital account of the Japanese Company, but ahunt Yen 2,000. W. G. BONNAR has bien charged to their working are, unto Star and again a part has been borne by

to the Hon, Mr. Heat that the con.the CSP Office Have you got a sea coast oil was obtained at a very panies have secured coricessions, and not on 1000; This, for this must part, has: Sicct between this vote and the military card inquired the ON shallow depth. The oil is of a brown

rather obseme haven't a card, but the C.S.P. knows the contution was.

Hewett, I do not think so. The well," said His Excellency This being mili contribution is 20 per cent, on duly reported to the C.S.P., His Excel. thonyroyenne, and the Government lency was shered in. Tableau. I cau- Carly meet expenses by revenue, not vouch for the story; for the utmost xation. This one hundred thou reticence is chorved on the subject. If

and fulars have to come from that and because misfortune bus SOUT read this supplementary vote neres he Colany is further penalised by sary having to pay on thas su & further

$90,00 ns military contribution.

not true, it is. At least, as the Italiang have it, ben trovato,

This is not the only amusing experience

"made

pipe, to a height of 200 feet.

One of our experts and drillers rc-

darselve

In order to provide for this additional overdraft with your General Managers,

day and to reduce the already heavy

$155,780.76

$ 90,000.00

1,446.80 4,766.98

806,219.78 69,506.98

$155,780.76

BRADLEY & Co., LTD.,

General Mariagers......

Members of Consulting

Committee.

In pursuance of the special resolution passed at the extraordinary general acet Hot Pang, was despatched curly in November from Shanghai to Nagasaki, where n sulmidiary Company known as the Vishin Gingya Kabashiki Kaisha was ported into Portugal formed with atominal capital of Ven stated that the Timore are more After undergoing a complete overhaul regards the nativer, it may be 150,000 of which Yen 103,000 was paid up Papuan than Malaya, but their colour and successfully passing the necessary The International Petrolcom, Co., Ltd. is somewhat lighter and they do not Japanese Government surveys, the Hongkong, holds several oil concessions in possess such prominent features, any was transferred to the Japanese flag

and renamed the Kalho Mari, g the Portuguese portion of the Island, tribes, are very warlike and speak Each concession comprises an area of riety of languages, no toys, thair forty about 1,250 acres, or 2 square miles. Invo dialects being known in Portuguese one of the concessious five miles from the mor alone.

At the time of

of writing, four com- less than thre are carrying out active colour, very fluorescent with development The first company to disagreeabla odour and vields high quire territory was the Timer Develop

Tent Syndicate, of Sydney, whose land

We have audited the above balance sheet grade petroleum Tested by the Hong is situated at Vestora, on the South coast,

with the books, vouchers and accounts of the deep bote is now being put down, and, kong Government Analyst i showed & Acting upon the advice of its geologist, n Gushing point (Abel close test) of 112 if necessary, this well will go down to a

Company and lave found sims in accidance. therewith. La que opinion, the balance sheet degrees F.. specific gravite of in depth i,000 feet wird auvisable is call up, the is properly drawn up so s to exhibit a true

Boring down to a depth of 210 feet. - The only English company is the with up-to-date Anwrican machinery and Tinor Oilfields, Ltd. It is generally con- helenge of the capital of this Company, and correct view of the state of the Coo tools, a very strong flow of petroleum gas erded that this company possesses nct A final call of $3 per share was accord, pany's affairs as at 30th June, 1913, accord- only the largest but also the most promisingly made in April Int and was welling, to the best of our information, the was experienced, strong enough to raising territory in the land, and under responded to, although 700 shares (neatly explanations givan to us, and as shown by

carried out ring

heing

in traced) am still vopaid and Jabla to ha obtained all the information and explanu-

time we have required, a "g with members of the Force that Hi water, which is used for drilling in the my direction all pioneer work has been Chinese who present addresses cannot be the books of the Company. We have

readiness for deep

LOWE BINGHAM & MATTHEWS, Excellency has had recently. Playing

importance is The next company of

Auditars Company covers a period of only about cricket a week or two ago, His Exce marks in his report that there is an the International Petroleum Co Ltd The working account of the Japanese.

Honghung, 8th October, 1913., Iren ly too late for the Government lency the ball to boundary in which the gas has its origin.

a hit that would famente body of oil underlying the land of Hongkong, and the latest company to four and a half the actual working, and the diretits attention to Timor is the and although charged with a good deal of

Billato Oil Wells, Ltd, of Sydney, whe

extraordinary expenditure which will not toisitor the question of triusferring have sent

Principel concession are on the conatur in, shows a small proît of same thel from the centre of the town but to his astonishment and dismay a oil is of a very high gravity.

The gas is merely the escape of the some in aniles west of Vessora, others being. Yen 1,99.22, which is carried forward to,

in the interier inster of spending more inchey on the hurly Indian policeman in uniform em preseprouding with a view to increasing countered the ball half-way and gave it lighter properties of the oil, and it is on the foregoing it will be the current half-year the atoinodation. In this very much a vigorous kick which sent it back to the only the high grade oil that contains the observed that conterable interest is The trawler Account How disappears fields, and their ultimate sucessful set is replaced by scrip in the Nisshin verded Colony there are few spots pitch, laughing immoderately the while lighter properties in sufficient quantifias being centred in these newly discovered entirely from any balaner shegy and the Glogvo Kabushiki Kakba to the fres uurd vererowded thun Victoria Gaul. at the achievement. He soon saw how to throw off a flow of petroleum gas.

In another of the International development is but a question of time.⠀

Teferring once more to the Internachte of Yon-105,000 Mag Fors, and for many other good reasons ever, that his intervention in the game.

Ltd's concessions also on aga ought to built on the other side,

was not appreciated by the umpire and Petroleum the players The umpire signalled to the the South coast of the Island and about tional Petroleum Co., Ltd., ngfortunate scorers, obstruction," and His Excelight miles from the sea, large pools of the work had to be suspended owing to viscid black oil were found, with a flash a rebellion of the natives, which now has lency was accordingly not denied his point (Abel close test? 153 degrees F. This been subclued by the Portagueso troops for a boundary hit. The umpire's desig oil is very suitable for fuel oil. Imnicuse. There is no doubt that very successful nation of the Indian Constable as

quantities of limestone coated with results would have been achieved in a struction” desorves to go on record. bitume and azoberite over the ground very short time, but for the interruption, and yield from 100 parts by weight the All the indications show that the develop large amount of 24 parts of crude heavy ment of these Oilfields will yield the best petroleum oil, having a specific gravity results

Consulting Commilies -Mr. Wong Tsze of 9547 at 13.0 degrees C. A very

Leung, having left the Colony, retires from the Consulting Committee, and it is not interesting report appears in The

CANTON NOTES.

propored to fill the vacancy thereby Petroleum Review of September 1918,

oceazumed MW JW, C. Bunnar and, by Mr. L. J. Green, General Ficht

FROM OUR OWN CORRESPONDENT. J

Lo Shui Eo retire in accordance with Articles of Association but, being cligible, Renter's correspondent at Peking, in a Manager for the Timor Oilfields, Ltd. On

CAXTON, Deforr 31st.

affa themselves for reliction COMPULSORY HUCATION

Anditor. The accounts have been message dated October 27t szzs: several ecensiyn Lhad the pleasure of

meeting Mr. Green in the land off

The Civil Administrator has inaudited by Messrs. Lowe Bingham & Timor and I can fully verify the follow-

extracts from his report obedience lo instruction from the Board | Matthews the offer themselves for The Island of Timor is divided in of Education, directed the Magistrates about equal proportions between the throughout the Proving to promptly Eastern portion of the Island being draw up estimates of the number of Portuguese, ou

where ceaviet: labour can be better empf'd than in sho, drill. Why not

emp

This labour on marrying stone for ads or public buildings Surely theblic Works Department could find 'n us for convict labour. The gaol ought cust the taxpayers as much to mail in as it does.

nut

Whave a very obliging Peatmaster- Gental-in-Hongkong, who is always read to do his best to remedy faults in thestal service when they are brought Bat, like another to notice

are

fame: Englishman, e desi l'adver.

people In Hongkong out ually slow to make their cont- plain known, but in Yokohama appar. 15he postal service is so efficient, that eatly the Istmaster there has heen driven to "sinely invite and applicato com- plain by means of a circular letter, of which the following is a copy,

the reform

RODERICK RANDOM

SALT GABELLE REFORM,

SAR RI PANEL SCHEME ACCEPTED.

Hsiung Hsi-ling. Minister of Finance, has agreed to the immediate jutroduction of Sir Richard Dane's scheme for collectiu ing Balt revenues, which consists of making a clean sweep of the old system and the application of new methods. whereby the foreign district co-directors

themselves will directly receive all

revenues, of which detailed returns will

Datch and Portuguese Governments, the

Very little is known at present con cerning Dutch Timor, owing to lack of encouragement from the Government, while prospecting by private individuals is prohibited.

INTIMATIONS

THE COMING

WHISKY

OF THE FAR EAST.

A book profit of $7,891 tl was made on the sale of the temples in the Japanese

increased your General Managers and Company, bat in spite of the fact that the earning capacity of the trawlor has ben Consulting Committee have dem lit JOHN HAIG'S prudent to write down the value of the Japare shares to $90,000. thereby increasing the debit at profit and loss The General Managers' Commission and cons to 359,560.93. Consulting Committee's fes are again waived

ratizatioit

BRADLEY & CO., LTD.,

General Managers. Hongkong, 28th October, 1913. PROFIT AND LOAN ACCOUNT. FOR TUS YEAR.

8 10.285.23

schools necessary to be established in each city or villag for the enforcement of

INDED 30TH JUNE, 1013

To Intored 62.393.90 compulsory education, and the expense of To Balues from 1912

Less Bank In- running them.

•terest Gur- rent Account. rent

To Telegrains, Account. To Chars Arcontit

To Salaries and Wages 1,798.00

To Marine Insurance

To Water Account

88.18.

$2,305.72

205.54 450.50

2.305.2

7.28

212.55

19.00

To Aitor Fees, 1913.

193.26 100.00

7.087.03

47,872,30

To Store Account

To Repairs Account

To Godown Fittings

ke the liberty of informing you of be fully published. The beakers consider

THE FOREIGN FLAD AND LIKIN. 2ntion in connection with the business that any diversion of revenues will be

Fortunately this is not the case where. The Admernistration Office has received und my supervision. V

*** impossible when the scheme is fully in the administrativo, adjustment|ible when the

Portuguese Timor is concerned, foreign rested in the middle of June Jast, our At a meeting of the Salt Administra ers of any nationality receiving every a telegram from the Board of Finance that some dishonest merchants in Canton, atalia consideration of elfeed, aro in unanimous operation and tion Association various members of the courtesy and every possible assistance stating that it has recently heen found Petroleum has been known to exist in Swatow, and other ports, have authorised wulfuring to ljust and improve the Cabinet attended. Chang Chien reviewed from the Government

his experiences of salt administration in met ud and system of the business as far as the last twenty years. When he wrote a the Island for a long time, one of the possible. But as yra re are my book on salt a foreign friend said that it earliest references appearing in Wal- the flying of foreign flags on their peops are working with this office, engaging busy day and night in the commented was impossible to carry out the projected lacy's Malay Archipelago," written atenters, with the object of evading the

reforms without foreign assistance. He over 50 years ago.

**There has been recently many largo payment of likin on their shipments, and sevice of communications, and most of the said that then he did not agree with that service is of a nature that must be review, but later he became convinced that areas of petroliferous land located, and notifying that all goods shipped in this tailly relied upon the human power only his foreign friend was right. Since the acting upon geological advics, deep bor-manner will henceforth be confiscated.

CHAN KWING MING'S ASSOCIATES. The mail, telegraph, telephone, money conclusion of the Quintuple Loan he has ing is now in progress A number of

Capt. Cheung Lai, commanding the 2nd

By Serip Fees 3.25. urder ur postal savings; what busmess it been still more convinced, for if effective concessions are held by various com- may be, we are determined to carry out the reforms are not introduced it will not be panics, the largest single concession business thereof without fail and misella-long before the entire control of salt (Pualaca Concession) being situated in regiment of the Ninth Brigade of the By Port and Custom tion according to our plan. But still I four administration passes inte foreign hands. Central Timor; and other properties Land Army, Walebow, and Capt. Li Fook Dues Recovered

Hsiung Hsi-ling and Liang Chih-chiao being either on or the my necur sonte unexpected errors in wur plan of busties. Therefore listening supported Chang Chien: The former coven at comparatively shallow depths the 10th Brigade, have been cashiered by By chance o to your entaiders and sounding yine Warned his aridionice

compon doining the south Wan, ommending, the 3rd regiment of By Collision Comin opinious, I intend to carry out the improre of the nation that the only alternative to good shors of petroleum have been met order of the Tutuk The alleged reasor ment by concert with you public so that you foreign control was cfiectiva reorganiza with, and considerable quantities ohtain public may be able to use very organ of tion, adding that the foreigners did noted by pumping. When, however, drilling for the Tutul's action is that they wore

desire to take over control, and there is carried down to a depth of from 1,900 Chan Awing Micgs confederates in the By Balance carried down

16 1,500 feet, I confidently anticipate that Revolution at Taichow some two years communications to your full satisfaction.

good flowing wells will result Such being my earnest desire, I sincere was still time to prevent this,

A sample of petroleum taken from ago, and that, though no proof has been invite and appliciate your muroserved.

The British, French and German the surface has proved to be of high obtained of their having supported the 'lo Balance bronight down suggestions and informations regarding our

Nisshin Glogo Kabushiki Jasinoer, as well as the error or defects bankers and the Minister of Finance commercial value, containing as much as bel cause in the last rising, they are Tu Amount written off shares in:

Keista therelu.

yesterday discussed the question of cur- 64.6 per cent, el kerosene and over 30 By the way any letter us report or com renoy reform. The later emphasized his per cant. of intermediate Inbricating plaint ay be sent in free of charge, pre desire for the early establishment of a oils. It is highly prchable, therefore, that vided the remark Postal busimasis given uniform currency and tas withdrawal of ultimately Timor petroleum will prove on the envelope

debased paper money and suggested to be the most valuable obtained in Tlmuking yon anticipation for your schemes in this connection which the East Indies.

bankers describe as practical and highly valuable suggestions.

Yours faithfully, etc, etc. satisfactory Consequently here is a pro- This is rather a prolix way of notifying bability that the Currency Loan will be that "all complaints of irregularities in brought into operation by instalments to meet requirements All the innkers are the service will receive prompt attention, delighted with Hsiung Hsi-ling's views. and ali suggestions for the improvement and cititade, which they believe gives of the service will be cordially welcomed, promise of restoring China's

financial stability.

and the soferences to "you public” and your ontsider sound somewhat contemptuous, but there is evidently a desire on the part of the Postmaster to be extremely polite and obliging.

QURRENCY REFORM.

A CONTEMPLATED CIGARETTE

TAX

Mr. Thwing, the General Secretary of the International Reform Bureau, had an interview with the Premier on the conversation

Bishop Taylor-Smith, Chaplain General of the Force, in the course of an address at the Garrison Church at Colchester 3d alt. In the course of o recently, declared that in the Artillery the Premier assured Mr. Thwing that he officers' mess, at Hongkong he had seen would take strict measures regarding the opium trade. He also told Mr. Thwing prominently displayed the text-

that he was planning to issue cigarette- licence. This he said, "will not only incroase the national revenue but will

We are all of one mould, but some of us

a mouldier than others

Surely this is the kind of comparison provent the young boys from smoking described on a curtain occasion se odorous; freely.-Peking Gazette,

The enuntry is mountainous through out, but is well served with reads which are being rapidly extended

novetheless under suspicion, inasmuch ac they have been closely associated with

the Rebel Chan

THE ELECTRIC SUPPLY CO., LTD The Commissioner of Internal Affairs has also been appointed Managing Director of the Kwangtung Electric Supply Co., Ltd

GLENLEVEN.

My Favourite Drink.“

SAMPLES ON APPLICATION

H.

SOLE AGENTS:

RUTTONJEE

& SON,

14, QUEEN'S ROAD CENTRAL

[81

MAPPIN& WEBB,

LIMITED.

143.11

·314.08.

415,18

By Interest collected on

Overdue Calc ̈

55.02

961:14 46,911.72

NEW CONSIGNMENTS

8 47,872.80

By Proton Sale

Trawler Fexa Preliminary Ex-

penses and Formation of Nisshi Glogyo)

Japan

Kabushiki Kaisha of Although within a few degrees of the equator, the climate in the interior is TM

1247

PERTUSSIN

Isa hartless and offipient remely against all diseases of the respiratory organs, especially WHOOPING COUGH, CATARRIT OF LARYNX, ACUTE AND CHRONIC BRONCITAL CATARRH, ASTHMA, &, whhh has been recogn

Also the AFFECTIONS neequalled by the highest authorities.

OF THE LUNGS will be greatly relieved by the use of

TO BE HAD AT-

THE MEDICAL HALL.

HONGKONG.

846.911 72 STERLING SILVER WARE

18,808.20

865,720.01

32

139.28

$8,153,03

By Balance as per Balance Sheet. 59,560.98 8. 65,720,01

BALANCE SHEET AT 3017 JUNE 1013.

DE REABILITIES.

Capital

15,000 shiteros a BIO

fully pail 14.241

St $7

paid up. $104,557.00 First and

Final Call:

3rd April

$150,000,00

1913, of $344,828:00 -

Less impaid call on 1,815 Shares (Call on 1,020 shares. since paid)

140,410.00

5,445.00

$143,965.00

PRINCE'S FLATE

(GUARANTEED FOR 30 YEARS).

CUTLERY.

From the

SOLE AGENTS:

CHS. J. GAUPP & CO.,

ALEXANDRA BUILDINGS.

CHATEL ROAD.