1881-07-30 — Page 3

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LATEST COMMERCIAL

INTELLIGENCE.

Saturday, July 30th, 1881.

One o'clock P.M.

Tho Chairman in moving the adop- tion of the Report and Balauco shoot at the half-yearly mooting of the Hotel Company, held yesterday, ro- ferred in congratulatory terms to the present favorable position of the Com- pany's affairs, alluding particularly to tho fact, that for the first time since the formation of the concern, the shares were quoted at a premium. Wo soriously incline to the belief that the improved position of the Ilotel-Com- pany's stock is solely owing to an iden which has been spread abroad relative to the desire of certain Chinese spoc- ulators to purchase the property. There has been so many important -transactions in property within tho Colony during the past few months, (and a good number of bogus sales too, which have been advertised as legitimate transfors), that the value of the Hotel bas no doubt beon greatly enhanced; but it may be fairly asked, if it is probable that this property craze is likely to becorno a pormanent institution! Truly enough Hotel shures have been made the madium of a good deal of speculation; but their fluctuations in the market have been anything but a sure indien. tion of permanent stability. That tho property will eventually be sold we cannot doubt, and when some bond fide offer has been made, the shareholders will be in a better position to jugo. of their actual prospects, than they pos- sibly can be at present, with nothing to guide them but a quotation which is not reliable, and an announcement that the lessees are making money out of their contract, Hotel shares are on offer at $110 per share, without finding purchasers, and if the tone of the market is to be taken as an indication, they will go a good deal lower before they load to substantial business of a legitimate character. With the excep- tion of a few moro sales of Banks at 116 cash, and time transfers for the ond of December at 124, the Stock Exchange was drawn a blank yostor- day. Docks were offered at 50 without leading to business, and we did not hear of a single enquiry referring to any other stock. Our detailed list of quo- tations therefore remains unaltered, as nothing has been done up to the time of going to press.

Shares.

On PARIS,-

THE HON KONG TELEGRAPH-SATURDAY, JULY 30TH, 1881.

3187

Exchange.

On LONDON,-

Bank Bilis, TT

318

Bank Bills, at 30 days' sight, Bank Bills, at 4 months sight, Credits, at 4 months' sight,

3

38

Documentary Bills, at 4

months' sight,

30

Bank Bills, on domand,

4.05

Credits, at 4 months' sight, ...4.75 On BOMBAY, —

2241

224

Bauk, T.T.,

72

Private, 30 days' sight,

723

Bank, T.T.,

Ou CALCUTTA,——— Bank, TT., On SHANGJIAL,

Hongkong Hotel Company,

Limited.

The ordinary half-yearly mooting of the sharoliolders in the above Company was held at the Hotel yesterday after- noon. There were prosent Messrs. E. R. Belilios (Chairman), W. Reiners, Hon. P. Ryrie, II. Hoppius, (Directors), A. E. Vaucher, E. Georg, J. II. Cox, De, Gomes, G. Reynell, H. Smith, D. McCulloch, A. A. Remedios, II. Kühl- mann, J. Komedios, F. C. Dittinor, and L. Hauschild (Secretary).

The Chairman said:--Goutlemon- You have doubtless studied our report and accounts for the past half-year. You will now consequently allow me to tako them as read. The report has touched on all the important points connected with this institution; there," is, therofore, vory little for me to add. Howover, I have to congratulate you on the prosperous condition of your investment. Since the formation of this Company, this is the first meeting wherent wo may with pride say that our shares stand at a premium in the stock list of Hongkong. Never in the history of this Company have shares been even at par. From the records in the office it appears that the original allottees failed to take up 142 shares of the stock of the Company. Whether this was done purposely with the view' of getting rid of their liability, owing to the then gloomy futuro of the vonture, or because the means of these gentle- men were limited at the time, I cannot say, but the fact remains that when we took charge of the affairs of the Ilotel, we found them standing as an asset in the accounts. At a recent meeting of the directors it was discussed as to whether or not they should be issued. You are aware wo are paying at presont to the shareholders à dividend of five per cont on the paid-up capital and the money on loan costs us 7 per cent.; considering that by launching those shares in the market the gain to the proprietory would have been ouly 24 per cont per annum, and likewise bear- ing in mind the offers that are being made by Chinese to purchase the pro- perty, we did not deem it advisable in the interests of the existing share- holders to allot them. I dare say, gentlemen, you will ratify our action in this particular and will give us dis. cretionary power to deal with the shares as we think fit at any future period on your account. Uador article 83 of the Dood of Association the di- $297 per share, Sales.

roctors, are entitled to a remuneration Hongkong & Whampoa Dock Com of $3,000 every year. Hitherto the pany's Shares-50 per cent prem. Board has been content to tak $1,000 Sellers.

only, but for the past half-year they Hongkong, Canton & Macio Steam. have appropriated to themselves re- boat Company's Shares-31 por muneration at the rate of $2,000 per share premiam.

annum. To acquire aud keep eligible China Coast Stoam Navigation Com- and responsible men as directors, it is pany-Tls. 162 per share. necessary that they should be decently Hongkong Gas Company's Shares-paid. I have no doubt this will meet

$82 per share. Hongkong Hotel Company's Shares-

$110 per share, Sellers, China Sugar Refining Company,

Hongkong and Shanghai Banking Corporation Shares-116 per cent, premium. Sales Union Insurance Society of Canton

$1,675 per share ex dividend. China Traders Insurance Company's

Shares-1,700 per share. North China Insurance Company-Tls.

1,125 per share. Yangtsze Insurance Association-Tls.

820 per share. Chinese Insurance Company,

$300

per share, Ex. Div. Ou Tai Insurance Company, Limited --

Tis. 148 per share. Hongkong Fire Insurance Compsany

Shares- $1000 per share, China Fire Insurance Company's Shares

with your approval. The promises are well kept. As a consequence of the good management and the sumptuous Litable that aro maintained hero by the mitod-$165 per share, Sellora. lessees, I am happy to tell you they China Sugar Refining Company (De- are making money. Unloss thora ure bentures) por cout promium. questions that require replies, with Hongkong Ice Company's Shares these romarks, gontlemen, I ask you to

$1274 por share, Sellers,

adopt the report and the accounts, Hongkong & China Bakery Company,

Limitod-$13 por share. Chineso Imperial Govorumont Loan

of 1874-(Nominal). Chinese Imperial Government Loan

of 1878-(Nominal).

A NOUN OF DIFFICULT DECLENSION. It is a remarkable fact, that howover woll ladies may be versed in

young grammer, vory fow of them are able to declino matrimony.

Mr. Vaucher seconded, and the ro- port was unanimously adopted,

On the motion of Mr., Hoppins, seconded by Dr. Gomès, the election of Mr. W. Reiners and Hon. P. Ryric to the board, to fill to vacancies causod by the death of Mr. Landstion and the rosignation of Mr. Grobion, was confirmed.

Mr. McCulloch proposed and Mr. Cox seconded, that Messrs Bolilios and Hoppins, the rotiring directors, be ro-olooted, which was carried.

"

On the motion of Mr. Reiners seconded by Mr. Smith, Messrs Vau- cher and Copo were re-elected anditors. The Chairman said, that was all the business, and the dividends would he payable on and after to-day (Saturday).

Mr. Vancher proposed a vote of thanks to the Chairman and directors for their management of the Company's business, which was unanimously carried.

Hongkong Temperature.

(Taken at Messrs. Falconer & Co.'s Register, Queen's-road).

HONGKONG, 29th and 30th July, BAROMETER-1 P.M.

Do. THERMOMETER—1RM

Do. Do. Do.

P.M.

4 P.M..

.20.760 29.719

.83.

1. (Wet bulb) 80.

Do. 4 P.M.

BAROMÉTER -9 A.M: THERMOMETER-0 A.M.

80. .29.780

$4.

Do. 9 A.M. (Wet bulb) 81.

Maximum

SJ. Minimum (over night) 82,

Do. Do

SHIPPING INTELLIGENCE.

ARRIVALS. July 29, Penedo, British steamer, 684,

T. S. Konderline, Saigon 25th July, Rico and Fish.-Geo. R. Stoveus & Cɔ.

July 29, India, Gorman bark, 934, Regener. Cardiff 30th March, Coals. Melchers & Co. July 30, Esmeralda, British steamer,

395, R. Talbot, Manila 276. July, Sugar and Hep.-Russoll & Co. July 30, Nordea, Danish steamer, 778,

J. Rasmusson, Chefoo 22nd July General: Siomssen Co. July 30, Killarney, British steamer,

1700, II. O'Neill, Newcastle, (N.S. W.), 11th July, Coals. - Gibb, Livingston & Co.

July 30, Laurel, British barque, 632,

Grassam, Irondon March 26th, General-Melchors & Co.

DEPARTURES.

July 29, Marlborough, British steamer,

for Singapore. July 29, Amazone, French steanor,

for Shanghai. July 29, Ningpo, British steamer, for

Shanghai.

July 29, Tannis, French síoamer, for

Yokohama.

PASSENGERS.

ARRIVED.

Per Penedo, British steamor, from Saigon, 30 Chinese.

Por Esmeralda, British stoainer, from Manila, European deck, and 156

Chicose.

SHIPPING REPORTS. . The British steamor Penedo from

Saigon, reports, left Saigon on Monday July 25th at 2.30 a.m., and passed Cape St. James at 8.15 a.m., and Capo Padaran 10 p.m., same day. Capo Var. ella, noon 26th. Anchored at Hongkong at 0.30 p.m., July 29th. Experienced very fine weather all the passage. Jaly 26th, off Pyramid Island, passod steamer Venice bound South, samo day off Varolla, French steamer Amazone passed North, on 27th at 6 a.m., 28th at 6 a.m., passed steamer Thorn- passed steamer Midlothian bound South,

hill hound South. At Saigon, steamer Adria.

The British stonmor Esmeralda from

Manila, reports moderato W.S.W. winds and fine weather throughout the

passago.

MAILS.

The following mails will close: To-day, 30th July,—

For Japan, San Francisco, the

United States, Cauada, Honolulu, Poru, &c., por Oily of Fuking, ut 2.30 pm. For Skaughai, por Fu- yee, at 3.30 p.m. For Ainoy and Taiwanfoo, per Albay, ut 3.30 p.m." and por Folien, at 5 p.m. For Hollow and Haiphong, por Hai- pa, at 5 p.. For Swatow, por II.M.S. Swift, at 5 p.m.

For Manila, por Octave at 5 pan.

To-morrow, 31st July,-

For, Amoy, per Esmeralda, at 9 a.m. On Monday, 1st August,—

For Saigon, por None, at 9 a.m., in- stond of as previously notified. For Swatow, Amoy, and Foochow, per Kiangtung, at 3.30 p.m. On Thursday, 4th August,--

For the United Kingdom and Bu-

ropo via Brindisi; to the Straits Settlements, Batavia, Burmah, Coylon, Judia, Adon, Egypt, Malta, and Gibraltar and Mauritius, por Verona, printed matter at 2

p.m., lettors at 3 p.m.

On Friday, 5th August,-

For Straits, Colombo, Bombay, Aden,..

via Trieste, per Hungaria at 3,80 p.in. For Nagasaki and Yoko. hama, per Malacca, at 5 p.m. On Thursday, 11th August,-*

For the United Kingdom and Eu. rope. via Naples; to Saigon, Straits Settlements, Batavia, Bur- mah, Ceylon, the Australasian Colonies, Toudichéry, Madras, Cal- cutta, Aden, Egypt, Malla and Gibraltar, por Djeminah, at 11 a.m.

NATIONAL CHARACTERISTIC.

The New York Times translates the following portion of a politilal cate- chism from II Fischicto, an Italian paper pablished at Turin:

Question: Who is the lightest man in the worldP-

Answer: The Frenchman.

Who is the heaviest ?- The German. Who is the most serious ?--The Englishman.

Who is the most vivacious ?- The Swiss.

Who is the proudest?—The Spaniard. Who is the most humble ?- Tho Russiau.

Who is the inost enterprising ?— The Polo.

Who is the laziest ?-The Turk. Who is the widest awake ?-The American.

Who is the scopiest ?--The Hot-

tontot.

Who has all these virtues and vices mixed together?-The Italiau

Modest Vory !!

Intimations.

ECA DA SILVA & Co.

GENERAL COMMISSION AGENTS

AND AUCTIONEERS.

IMPORTERS OF PARISIAN GOODS, SPANISH WINES, AND GENUINE HAVANA CIGARS.

Special lines in Fancy and Plain SATIN, SILK, AND GAUZE DRESSES.

A variety of Richly TRIMMED COSTUMES, from the first houses in Paris.

Elegant Drossing & Morning GOWNS.

BATHING DRESSES in the latest

Style.

MUSLIN SHAWLS, CRAVATS, and FICHUS.

Au assortment of Fine FRENCH CORSETS.

Ex recent Mail Steamers. Ladies' and Children's STRAW IIATS. in great varioty.

.

TARASOLS and UMBRELLAS. RIBBONS and SASHES of every description.

Silk and Lisle Thread STOCKINGS. COLLARS and CUFFS in latest Fashions.

SATIN and KID SHOES. White and Colored KID GLOVES. Gentlemen's SILK and SATIN SCARVES.

French BOOTS and SHOES.

A large collection of Elegant Art- iclos suitable for presents, from the Grand Magasins du Louvre.

Plesse & Lubin's Colobrated PERFUMES.

The most varied collection of Fancy Goods in the Colony.

SHERRIES of the Finest Quality ab extremely low prices.

Note the address, 48, Queen's-road

Contral.

Hongkong, 10th June, 1881.

T. N. DRISCOLL.

TAILOR, JOSIER, HATTER;

AND

GENERAL OUTFITTER. 45, and 47, QUEEN'S-ROAD,

MacEWEN, FRICKEL & Co.

GENERAL STOREKEEPERS, &c. HAVE FOR SALE.

Groceries.

Crosso & Blackwell's, Oclebrated House- hold Storos.

John Moir & Sous', Celebrated House- hold Stores.

American Stores of all descriptions. Huntley & Palmer's BISCUITS & CAKES, BUTTER, Danish & French, Philippe

& Canaud's PATES &c.,

CHUTNIDS & CURRY POWDER, TEYSSONEAU'S

FRUITS in juice. COFFEE, SUGAR, &c., &c.

Wines, Spirits, &c.

CUTLER PALMER & Co/s "CARTE BLANCHE, HEIDSIC & Co.'s MO- NOPOLE, pts. and qts. ADOLPHE COLLIN'S BOUZY CABINET.

MUMME (JULES) CHAMPAGNE

pts. andyits.

NEYEN'S (BODEN) BOUZY,

pts and que

XTRA SEC, quarts. Charles Heidsieks's WHITE SEAL, pts. and qts. VEUVE CLIQUOT PON- SARDIN, pts. and qts. Theophile Roo- derer & Co.'s VERZENAY MOUSSEUX, pts. and qts.

Krug's CHAMPAGNE, pts. and qts.

CUTLER PALMER & Co.'s CHAT- DAU MOUTON. LORMONT, pints,

and quarts. ARAUZAN (Chateau), pints and quarts, ERMITAGE LUDON. THIBŒUF (Chateau), pints and quarts. CHATEAU LAROSE (Curcier & Adet's),

pints and quarts.

CHATEAU LAFITE, pints and quarts. IRES GRAVES, pints and quarts. BREAKFAST CLARET, pints & quarts, OLD INVALID OLARET,

St. JULIEN, &c., &c. Breakfast Claret,

Burgundy, Hock, Sherries, &c. Chambertin, Chablis (White), Liebfrau · milch, Hockheimer, Niersteiner. Stein-

borger Cabinet. Rudesheimer Berg, Koninin Victoria Berg, Chateau Yquem, Grand Vin, Haut Sauterne

Marsala, Saccone's Palo Dry White Seal Sherry, Yellow Seal Amontilado Shorry, Cutler Palmer and Co.'s Sherry, Invalid Port (1848), Hunt's Port.

Brandy, Whisky, Liqueurs, &c. 1, 2 and 3-star Hennessy's Brandy, La Grando Marque Brandy,

Cutler Palmer & Co.'s Brandy, Rouyer Guillet & Co.'s Brandy, 1 to 4 stars; Finest Old Bourbon Whisky, highly recommended, Kinahan's LL Irish Whisky,

Jamieson's Irish Whisky, Royal Glendec Whisky; AVI Gin, Swaine Boord & Co.'s Old Tom

Gla; La Grande Chartreuse, Green and Yellow, Maraschino de Zara, Curagoa pints and quarts; Angostura, Boker's and Orange Bitters,

&c.,

&c.,

&e.

BASS'S ALE, bottled by Cameron aup

Saunders, pints and quarts. GUINNESS'S STOUT, bottled by E &

J. Burke, pints and quarts. PILSENER BEER, in quarts. DRAUGHT ALE and PORTER, by

the Gallon.

Fine ALE, bottled by MacEwen, Frickel & Co. ALE and PORTER; in hosgheads

Erated Waters.

SODA WATER,

LEMONADE,

TONIC WATER,

SARSAPARILIA,

&c., &c., &c.

The Finest Stocks of

CIGARS, CAVITE CUEROOTS, PRINCESA CHEROOTS, PRINCESA CIGARS; AROCEROS, VEGUEROS,

&c.,

&c. "PERFECTION" All Specially

Selected.

EMPRESS OF INDIA, and Best NAVY,

STATIONERY, BOOKS &c.

"Franklin Square" Library,

**Sonside" Library,

Harper's Half-hour Series.

French Novels.

Medical Works."

School Books.

Presentation Books,

Works of reference &c. Stationery for Ladies and Office use. Direct from the manufacturers, the best

and Cheapest in Hongkong. Special orders in this line oxcuted one

vory moderate terms. Papers ruled to any pattern and stamped

Plain, cameo or relief.

Dios engraved to order. Office requisites.

of overy description.

Milnor's Fire Proof Safes, Cash and Doed

Boxes, Brushwarg.

Cutlery, Crookery, and Glassware. Buildor's Hardwaro material, Sporting Revolvers and Sporting

Gaus. animunition.

Sailmaking and Rigging promptly exe¬

cuted.