1888-03-20 — Page 3

Antimations.

NOTICE

HAVĖJUST RECEIVED THEIR ANNUAL SUPPLY

THE HONGKONG TELEGRAPH, TUESDAY, MARCH 20, 1888.

caman

huppe.

March Overture.

"Schübert Value....!.

"Fou es Parutles"......Wat rufe!. Ecena ed Aria... "Tapedin De Arlem ".....Verdi. Selection... 'La Mascotte"...

Augiran, Farbalas

Suppe. JOHN MORAN, BarImaster,

every six months; the shipping trade is so affairs, and without any beating about the THE Band of the Northamptonshire Regiment regular year after year that such estimate bush we frankly admit that such is the this evening; from 7:30 till ro o'clock: The will play at the Officers' Mess, Murray Harracks, I will never so very-wido-of-the-mark---But-improssien-memintend to convey reallowing will be the programine

Although all this is perfectly well known, seriousness of the present position and the it is undoubtedly the fact that for a very disastrous effects of the recent astounding long time past Dock shares have been depreciation of the shares"leave no roorn A. S. WATSON & CO., LTD. gambled in most extensively, and, what is for empty, meaningless compliments; it still more to be regretied, is that it is can never be too, clearly understood, that notorious that the heaviest and most

THE experiment of lacquering a portion of the men who undertake the management of hull of the Fm kan as a protection against reckless speculators have been persons other people's affairs and the control and marine growthis, has turned out, according to a in some way or other connected with manipulation of other people's money, much so in fact that the Fuso-fan is now in Japan vernacular paper, a complete success, so the Company, even including members saddle themselves with no light respon-Yokosuka Dock for the purpose of having her of the Hoard of Directors The direct sibility. The paid Directors of the Dock cause of all this hazardous speculation Company, or any other business enterprise is explained by what may be descrited similarly constituted, avail themselves of the For many substantial advantages of their positions; as a chapter of accidents. months the casualties to shipping in the they draw a very handsome remuneration vicinity of Hongkong were numerous and and possess many other privileges, which important, with the result that the Dock are of considerable value, But they

AWN GRASS SE ED

and

SWEET CORN,

for inmediate rowing. THE CHANGLONG - DISPENSARY, thingkong, and March, 1828

Is

On-the-rith-February, at Manton Grange,

1 TH Malborough, the wife of GEORGE A GIFFARTI, Commander, R.N, H.M.S. Wanderer, of a daughter.

MARRIAGE..

On the Luh February na St. James's Piccadilly, by the Rev. Sir John Cesar Hawkins Hart Hon. Canon of St. Albans, cousin of the friderm misled by the Rev. H. Kirk,

Teun, Bucks.

tions between Russia and China are excellent, but nobody here doubts that the latter would take advantage of any European complication territories..

The Honakong Telegraph gigantic dock that will never in this genera-way merely made the Dock Company to try to reconquer Kuldja and the Amoor

· Hongkosza, STUESDAY. March 20, 1888,

THE DOCK COMPANY.

•

A VERY considerable, and steadily increasing recent years by a nuthernua syndicats of the success is rewarding the efforts made during Telding Russian ten merchants who have direct relations with the Chinese planters for expand |ing a general Russian trade, not only, with the treaty parts, but in the interior generally, The natives purchase rendily and largely all kinds of Russian tissues and cloths, loaf sugar, jewellery. &c. Twenty Moscow, merchants of the syn." dicate have recently despatched at extrane. dinarily large general consignment of resorted goods, chiefly in linen and cotton materials their general mercantile operations, which are The syndicate, of course, make tea the basis of meeting with, a very marked success. Why should not. British tea merchants (writes a cor respondent) who have direct relations with China adopt the Russian ideh, and throw marc enterprising energy into it? If they do not en e be easy to form a trade combination with the to mix up their commodities and wares, it would

different manufacturers, at least snill such time as the interior provinces of China were thorough- ly exploited.

P

A REGULAR meeting of Eathen Mark Lodge mason Ball Zeld St Thursd of Hongkong, No. 264; will be held in Free..

9th inst., at 8.30 for 9 p.m. precisely. Visiting brethren are cordially invited.

ACCORDING to a Hambang correspondent the German Lloyd steamer Kronprins Friedrich Wilhelm, bitherto employed in traffic between Bremerhaven and the Brazils, will be fitted out specially for the transport of German sailors to Asintic waters.

MR. CHAN YAU, a man well-known to the police. 15 an incorrigible rogue, was run in this morning charged with going into a woman's house on the 1gth inst, for the purpose of "looking for a cat," or as the law puts it, entering the house of complainant with intent to commit a felony. The plaintiff said she was a servant of the Lin above date she saw the accused hiding in the Wai Society on. Praya' Wef, and that on the

house. On asking him what he wanted the prisoner said he was only looking for a cat which he had lost. Witness informed the conspirator that there was no cat in the house, but he persisted in searching all over the premises and the result when he dropped the cat theory and went on was that she gave him in charge of the police,

somewhat difficult again came back on the nother line of defence, but finding that road

Wodehouse this morning. Having na witnesses cat turnpike, in explaining matters to Mr..

to call in defence of his respertability but

entire hull lacquered, or at least such portion as usually under water. The lacquer was put on the year before last. If this report be true, it would be interesting to the shipping world generally to know the results of the experiment. The. inventor of the process is a Japanese, WITHOUT venturing to criticise the verdict of the special jury in the case U Tsz Wan v. Garrels and another, concluded in the Supreine Company, in addition to its ordinary source also have their responsibilities and their Court yesterday, we think that any impartial WE hear from Macao that there is every prob- uf revenue, was enabled by this wonderful duties; they are not paid for merely person who has carefully read the evidence and ability of the present Municipal Chamber being run of luck to realise extraordinary profits. attending Board meetings, nor for Chief Justice, cannot fail to come to the conclu-Timer, The Acting Governor has so far refrained studied the masterly summing up of the Acting dissolved by Governor Costa on his return from And apparently on the strength of this working in their own interests at the sion that Mr. U Tsa Wan is a gentleman who from resorting to the extreme measures which wonderful run of luck, and in the delusive expense of their employers, the share sympathy. The jury are at liberty to take this

is entitled to a very large measure of public the defiant attitude lately assumed by the Senade hope that it would continue, Dock shares holders. It will, of course, be understood as a tribute to their acumen and impartiality the dispute is thus left in abeyance pending the having, per contra, no fewer than five previous

would have fully entitled him to adopt, and the became a favorite gambling stock, ridicu- that we are not levelling wholesale charges

if they feel so disposed.

arrival of the Governor. It is also rumoured! lous prophecies and anticipations were of neglect of duty and unscrupulous gam-INFORMATION, says the Daily News, from a

convictions standing against his name for that the Lisbon authorities have decided to delarteny, his Worship sent the cat merchant to` publicly indulged in (by those who ought to bling in the Dock Company's scrip against trustworthy source, states that the Chinese Bay entirely with the Municipal institution in Rol for six months hard labour.

Government is MA VILLERS ALWEEN CAESAR, second son

Macao, as useless and injofious to public o der. have known better) as to the Company's all the members of the Board; there are

'paying much attention to the present political situation in Europe, and is

Opinions vary in the Holy City as to the advisa SAYS our Tientsin contemporary-On the after- of Villiers V. C. Hawkes, Sir fohn Hawkins, ofurious future, thousands upon thousands of members who, according to their lights, pushing forward to themcin Russian ante Senhor Pacheco-and-his-supporters-being of ferry boat left the North bank of the river at the

W. Esq. of Eastbourne,

bility of this measure, the personal friends of noon of the 1st inst., between 5 and 6 o'clock, a Kton Park, Bath, to FLORENCE CELIA, only dollars were spent on improved machinery have done their best for the Company ments, Manchuria is transformed into

activity. According to official state- child of the late Major Cowper, 15th Regiment and plant to enable ironclads and other and who hale never taken advantage of military camp, and all the troops there are dril-partisans are decidedly against them. Ora school, to cross to this side.

course, dead against it, while the Government landing place to the eastward of the military large

The boat, which fast Yorkshire), and daughter of hirs. Stretton, wonderful specimens of the shipbuilder's their positions to engage. in unfair and led by European instructors, and armed with who constitute a very large section of the comwho had taken part in same New Year's fune viura verra is the moito of the indifferentists, was excessively crowded by men and youths art to be constructed at Kowloon, nearly a discreditable share dealing; but there rifles of the newest pattern.. The official rela munity. It is well known that, the functions tions, as it neared our bank was struck by a million of dollars are being sunk in a are others who have in every possible

and privileges of the Sengde have, of late been pièce of floating ice moving seaward on the essential elements as a representative body is now s curtailed that the institution, shot of all its current. The boat heeled with the shock, and 34 or 25 persons were jerked into the water. tion repay the interest on its cost, the subservient to the accomplishment of their

a mere skeleton of the past, faithfully pourtraying Most of the unfortunates tried to cling to the skilled staff of the Company was enormously own ends. It is more than probable that A SEAMAN named Li Ayan 28 years of age was Municipal Council's range of action is comprised them, as their heavy winter clothes became the decay and ruin of the neglected city. The floating ice, but suffered, much, and some of increased and a tremendous drag placed most of the Directors will be held more too-day, charged before Mr. Wodehouse with within the following sphere; licensing of native saturated with water, lost hold and disapeared. on its profitable working by the additional blame for errors of omission rather than it appeared from the police records that this primary school looking after the cemetery, and yelled, out otherwise did nothing to help the returning from banishment on the igth instant. shops, collecting taxes for lighting, keeping - a The Chinese on both banks were much agitated, expenses thus entailed,extravagantamounts for errors of commission, but even in that hardy vagabond had been banished from the and taking part in all processions and religious perishing men. Fortunately, Mr. Detring, Com- were set aside from the earnings as bonuses case they cannot be entirely absolved from island on two different occasions and had on pagrants. Of what earthly use such a Senate missioner of Customs, 'was at the new Technical. honest labours, Prisoner admitted several both of them come back to the scene of his can be, must be apparent only to the members School, and saw the accident. He quickly went themselves. The one thing certain is that the to the bank, gave clear and authoritätise ouders, previous convictions and once returning to the councillors-the "descendants of the old navi summoned boats, had poles thrown into the colony without leave. His defence was a repetition gators and conquerors of India," have seldom of the old story "I came back to see a friend failed to avail themselves of every opportunity tions, 14 people were saved; apparently 10 or water, and in a few minutes, owing to his direc- who owes me money," Not having had permis- to raise opposition and otherwise obstruct the

I, or thereabouts, were drowned. sion to break his lewe of absence Mr. Wode-eusy working of the colony's administrative house sentenced the defaulter to twelve months system: There has not been any governor in STUDENTS of trade and of the manner of trading- had labour.

Macao who has not had to contend with this in England are impressed by the unfortunate

has, writes the Daily News, more or less con- bite noire of a municipal corporation. Incepe change which has come over the commercial rienced governors have generally felt it conve spirit of Englishmen. Everything commercial of the elected representatives of the city's nection with the Stock markets, and speculations freedom; But then of the San Januario or the in imaginary amounts takes the place of an. Paco d'Arcos' stamp, have in the interess of intelligent exchange of real articles. Options, order and independent government, often futures, transations "to arrive" and "to close" trampled under foot the senatorial toga without ali bets, more or less-form the great bulk the slightest consideration for these public of transactions not alone in the Stock Exchange, representatives. In the present instance we are but also in the speculative markets for pro- utterly at a loss to comprehend where the duce and raw materials. A carge of cotton alleged grievance of the Leai Senado against seldom arrives in Liverpool until its contenta the governor comes in. If-Senhor da Costs have been turned over in the Tasker several chose to any a good word for some of the St. times by speculators who will never see the Joseph's College teachers, what material diffe-cotton, do not want to see it, and have no rence could that make to anybody ? The action arrangements for storing or in any way handling of the senate is the merest hair-splitting, a hundredth part of it. As to ply-iron, the dets squabbling in a most offensive "way for no which pass on the basis of documents known as

How this pality athly good to anybody.

warrants surpass infinitely the amount of iron quibble may end is really of no public interest handled. Mincing-tang also is running forward pality to leave off fighting straws and to expend

in its career of speculations; and, apparently on the principle that what cannot be cured must be endured, a clearing house for the sugar is about to be founded. As most people seulement of hets on the prices of coffee and

are aware, the speculation conducted in and, about Minci g-lane is sometimes enormous. sons with small and moderate means are very

may not be so generally known that per often disposed to deal more largely than those who can afford to meet heavy losses. An unwary. upon men who would be squeezed to the last shilling of their resources when pay day arrives. and differences fell due. If man of business must het heavily, it is as well that the position should be faced, and that systematic precautions should be taken; but it was not by batting or by applying their liabilities to the formation of settling-houses for bets that our ancestors raised the trade and commerce of England to its "supreme position,

(To be continued)

TELEGRAMS.

(From Straits Times.)

BERLIN, March roth.

In his last hours the Emperor William advised Prince Wilhelm to adopt the most amicable at- titude towards the Czar.

The Crown Prince ascends the Throne as

THE HOUSE OF LORDS.

13 the Supreme Court in Criminal Sessions Ju tice and a jury, Chan Achal was arraigned for robbery with violence, and for receiving stolen goods. The jury having found the prisoner not guilty, he was di charged. Of five Chinese who were charged with burglary, the first, third, fourth and fifth prisoners were found not guilty and discharged; the second prisoner was found guilty by a majority of four to three. Four prisoners were charged with kidnapping a woman; the first, second and third were found guilty, the fourth being acquitted. The Sessions were adjourned till Saturday, at, to a.m. when the sentencing of the prisoners will be proceeded with. Jutors are not required to attend.

Fe Hobruary, 1887 -that is a little more than a year ago the shares of the Hong-to contributing shareholders"—the vast responsibility for acquiescing in a policy kong and, Whampoa Dock Company, majority of whom were paid-Directors--which has tended to such disastrous con- Limited, were quoted in the local 'share and dividends out of all proportion to sequences. market at 126 per cent. ́premium, and it what was really available for distribution was reported that business in the scrip were recommended by the Directors and hadi netually been done at as high as 130; } voted by the shareholders with reckless in August of the same year the quotation | profusion. It was evidently imagined that had dropped to 82 and this afternoon Dock the elements, directed by a benevolent THE LATE EMPEROR AND THE CZAR today, before Mr. Russell, Acting Chiefnient-in-make-ercessions-to-the-defiant attitude

there freety offered at 15 per cent.

Providence,--would-continee-to-specially premium, and are friendless at that price assist the Hongkong and Whampoa Dock "which" "means; "in plain English, that Company: collisions, conflagrations on shares, the market value of which hoard ship, vessels going ashore, and all the thirteen months ago was $283. are other casualties of the sea were expected Frederick the Third. 10-day worth only $166, showing the to regularly provide the Dock share- startling depreciation of $117 per share. holders with lavish dividends, and enable „diluctuations in the values of the scrip the Directors to modestly remain under the of Hongkong united liability companies belief that all the success was owing to are by no means rare occurrences, rather their foresight and admirable management. the contrary in fact, so that although The regular and assured revenue of the the Dock Company, with its fixed docks and workshops, the only returns permanent business, holds a very different that can be made the basis of any position to such corporations as the safe calculation, was ignored or pooh- Hongkong and Shanghai Bank, which poohed; persons whose positions enabled is to a considerable extent controlled by them to know all about the Company's the state of the political atmosphere, the lies and prospects were the leading Hongkong and China Fire Insurance operators in Dock shares, and the blind, Companies, the success of which dependrasily gulled public followed suit, with en immunity from disastrous fires, or the the cheerful result that scores of men China Sugar Refining Company, whose have lost the hard-earned savings of

LONDON, March 10th, A motion by Mr. Labouchere for the abolition "of the hereditary principle in the House of Lords

was defeated by a majority of sixty one. Mr. Gladstone supported the motion.

}

THE CROWN PRINCE.

BERLIN, March 12th. Frederick the Third arrived in Berlin at mid-IN the House of Communs on February 14th, night, none the worse for the journey. His Mr. J. Maclean asked the Postmaster-Ge eral Majesty had most cordial interviews with King whether, as the Post Office saved 107,000 a Humbert at Genoa and with Prince Amadeus at

Milan,

THE LATE EMPEROR.

embalmed and will be conveyed with imposing The remains of the late Emperor are being pageant to the Cathedral.

LONDON, March 12th,

year on the new East India and China mail contract, he proposed to make any reduction in the postage on letters to India and China, Raikes: I may inform the hon, member.that the of the loss on the India and China mail services. saving to which he refers is simply a reduction

The present postage rates will still leave a con- siderable deficiency between the expenditure and the receipts under this head, which will of this country, of India, and the Eastern colonies; and I am not now prepared, therefore, to pro pose any reduction of the postage rates to India

but we would recommend the Macao Munici

some of their dormant energies in trying to affect some of the many substantial reforms for the public weal of which the city stands so urgently in need.

It

earning power is controlled by exceptional years, while numbers are completely and stop to most of the fètes in honor of the ilver have to be made good out of the general revenues brought an action against Mr. W. Craikshank, dealer.might, therefore, find that he had clains

hopelessly ruined. Providence all at once left off making steamers collide, run ashore, or get on fire for the benefit of the Duck Company; orders for the iron- lads and other chaste things in naval architecture that were to make Kowloon a worthy rival of the leading shipbuilding yards on the Clyde did not come in quite so rapidly as had been prophesied; the original estimate of $400,000 for the

The death of the Emperor of Germany put a

wedding of the Prince and Princess of Wales,

·THE SITUATION, The Russian Press fears political results from and China. the death of the late Emperor.

Ar the Supreme Court in Summary Jurisdiction to-day, before Mr. A. J. Leach, Acting Puisne Judge, the Douglas Steamship Company, Limited, proprietor of the Victoria Dispensary, to recover the sum of$11.54 beiny damages arising out of an explosion which occurred on board the steamer Formosa from some combustible matter alleged to have been shipped by the defendant. Mr. W. Wotton appeared for the plaintiff Company, and Mr. J. F. Webber for the defendant. Mr. Wotton in stating his case to the Court said that on the 24th December 187 the defendant package for Swatow, and had it labelled "drugs." shipped on board the steamship Formosa a It was stipulated on the Bill of lading which was incorporated in the Parcel receipt that shippers of goods were subject to the Company's regulations. One of these regulations was that the Company would not be responsible for any

conditions in connection with the sugar supply and demand in various parts of the world-under ordinary circumstances and in the light of past experiences, the extraordinary depreciation of property we have, detailed would probably not be a alter for very great surprise either to ose acquainted, with the peculiarities of share dealing in this colony or to the general public. But this unprecedented fall in the value of these shares has Admiralty dock was found to be less than regiment has been transferred to Frederick III. -Fellung, British steamer, 753 tons reg consequences arising out of a wrong declaration

GERMANY.

BERLIN, March 13th. Today's bulletin regarding the health of the Emperor is favorable.

Frederick the Third has proclaimed that he will continue his father's work upon the same lines.

month, and the Colonelcy of the late Emperor's The Russian, Army goes into mourning for one

GOSCHEN'S CONSOLS SCHEME,

LONDON, March 13th. received in the City.

Mr. Goschen's scheme has been favorably

..

+

LOCAL AND GENERAL. •

The German mail steamer Presssen, with HIs Excellency the Governor and Lady Des Voeux on board, was coming up the harbour as we went to press.

on the downward line, quickly reached we are informed by the Agents (Messrs. Arnhold, European assistance, they naturally are in no

::

E. L. O'Malley, Attorney General, Hon. A. Lister, Colonial Treasurer, Hon. J. M. Price, Surveyor General, Hop, W. M. Deane, Captain Superin- tendent of Police, Hon P. Ryrie, Hon. J. Bell- Irving, Hon. A. P. McEven, Mr. T. Jackson, the Misses Thomsatt, and several other residents of the Colony.

FROM Messrs. Wheelock & Co's Freight Market Report, dated Shanghai, 16th March, 1888, we fake the following:-Quotations are :-New- chwang to Swatow, season not yet opened; Chefoo.to Swatow, 20 Mex. cenis per picul, of coal, nett, for steamers, demand; $1.25 ex demand. Nagasaki to Shanghai, Sr.40 per ton chip, for saing vessels slight enquiry. Seule ments during the fortnight have been :—Pathan,

PRESENTATION OF AN ADDRESS to Singapore, $3-35 per ton coal, despatch British steamer, 1.765 tons register. Kuchiñotzu

TO CAPT. H. G. THOMSETT, R.N.

A numerous company of residents assembled monthly charter, $5,000 per month, for 4 months of the contents of the parcels shipped, and that yesterday afternoon in the music room of the City Watergeus, Bel. steamer, 625 tons register, Kuchinota to Shanghai, $1.40 per ton coal, net,

any cargo which should contain dangerous Hall to present a valedictory address to Captain despatch Alex Yeats, British ship, 1589 tons

substances not declared, would be liable to be. Thomsett, on his retirement from the office of register, Shanghal and Hongkong to New York,

thrown overboard, He contended that the Harbour Master. Among those present we noticed private terms. Disengaged vessel, in port defendant by not having declared the articles the Hon. J. Russell, Acting Chief Justice, Hon. folanthe, British ship, 1,593 tons register,

shipped by him-chlorate of potash and sulphur -had broken the terms on which the Company the Bread Arrow remarks:-The Chinese are SPEAKING of the Chinese. Mission in Europe had agreed to cany his parcel to Swalow On the morning of the 26th December, while undoubtedly the most conservative people in the the steamer was in Swatow barbour, an explosion world, and having for more than three thousand occurred in the mail and parcel room where years managed to get on very well without these articles were located. He would bring evidence to show that the articles in question

The Honi A, P. McEwen, who on the motion violent hurry to reform their institutions. It is

were of a bighly inflammable nature and that ofthe Hon, Captain Superintendent took the chair, really only within the last forty years that our they were the only cause of the explosion and of in addressing himself to Captain Thomsett said knowledge of China has attained any degree of its consequent damages. The damage sustained he had great pleasure in being the spokesman on by the vessel amounted to $471.0 as per that occasion to present him with an address and and closer acquaintance bas Accuracy

gradually removed earlier prejudices and false impressions, account furnished by Messrs. A. G. Gordon & a small testimonial. He felt sure everybody both on the part of the Celestials and ourselves. Co. whe effected her repairs; the loss of goods would acknowledge in Captain Thomseit through- From 1840, the year of our first war with China,

stowed in the parcel room was $40.50, the total out his long official career in this Colony that till now, has been a most eventful period in the

sam now claimed being 3511:54 He would call earnestness, zeal for the public welfare and as witnesses the various shippers of packages straight forwardness which are the distinctive annals of the Empire, and although we were compelled to cominence our intimacy with by the Formora on that particular trip, and characteristics of all public men. Having spent English bayonets, the Chinese have borne no demonstrate that they did not ship any inflam so many years in Hongkong, he must feel some malice, and their respect for the English has mabel will on boards

The evidence of regret at leaving these shores but he was carrying increased in proportion to their commercial thefollowing gentlemen was then taken: Messrs with him the sincere wishes of many friends whe intercourse with us.

A. J. Rodrigues, J. M. V. de Figueiredo 1. rejoiced at the prospect of a tranquil happiness THE Shex-peo says that during the 1st year of A. B. Death, S. Nowrojee, S. dos Remedios,

Chalmers, T. A. Dawson, A. Levy, J. Laing, which awaited him at home. He then proceed

to read the address: the Emperor Tung-chib, the Tsung-li amén Pinna, J. Carneira, E. A. Jorge, R. Markwick, the Imperial Maritime Custoins at all ports to the Douglas Steamship Company, Limited, G.B. Dear Sir, On the eve of your ficial departure from Hongkong

throne to memorialized the

limit the expenses of Wong Pan Heng, Chan-Kan Tong, J. Grant, of about Tis. 740,000 per annum. After six or Eldridge, chief mate, E. W. Evans, 3rd officer, and your resignadon of the dudes imposed by the various positions A CORRESPONDENT of the Shih Pao, writing seven years, the amount of duty collected by the G. Smith, chief engineer, T. F. Hall, Captain www yds of larswed, but hope that you my long enjoy the mas from Pao Sheng, gives an account of earth, Customs was nearly Tis, 10,000,000 a year, so of the Formoso, P. R. Simmonds, Captain of to which the discharge of your lengthy reaporaibilities to, fully quakes in Yunnan, Sechuan, and other places. Sir Robert Hart requested the Tsung-li Yamen the Royal Artillery, as an expert, and H. A enlles-you; and assure you that in the retirement from yetir

:olicial life you will be followed, by aur boet wishes, On the first day of the last twelfth moon, at to increase the amount allowed for the expenses Woolnough, manager of the Hongkong. Dia-. For over thirty yours you have been a resident here, and have about six o'clock p.m., heavy shocks of earth of the department as a larger staff was necessary pensary also as an expert in inflammable mate been charged from time to time with the administration of Colonial interests involving much importance and assiduous application, quakes were felt throughout the province of to carry on the work properly. The Tsung-li rials. The evidence elicited was to the effect that and lets gratifying to is to record, as it must be to you to Yünnan. At Shih Ping Chou the earthquake - Yamén after consulting with the Board" of there were empty cartridge cases of the pin-fire remember how eventy those Interasie, and, in particular y ur continued for four successive days, during which Revenue, decided to increase the amount to Tls system in the same room where the chlorate-age-a-arvise-ilar-Camique-sales by her Rope

Department, pupárvision. the sub-prefectural city was entirely destroyed, 1,158,000 per annum. The amount of duly of potash and the sulphur in a package of the wumat created you a permanent member of the Legislativa

size of an ordinary cigar box was placed;

Council of this Colony, an honour you waļi meritṣdje killing over 3,000 persons and wounding a great collected last year by the Imperial Maritime Cus number. In Lin An also, the earth hook with toms, was over Tis. 15,000,000, and consequently that these cartridges had all their caps acceptance of the accompaying token of our firsdship...

In kindly remembrance we bid you adieu, and, bosging your that there were also copper boxes with blus

We are, Dear Sir, to ruins, and destroying a vast aldount of life for doing the work, and therefore additional men

* Yours very faithfully, and property.. The earth split open, and after must be employed, so as to prevent the dishonest been ignited by the explosion ; and that one (Here follow the vigantures.) ejecting a sort of reddish Buid, closed up again. merchants from, amuggling. It has now been man on board was hurt by shot wounds, there: An regarded the testimonial, the Hon. A. P In the Hal-chuan-lu sub-prefecture of Sechuan decided to make further annual increase of having been in the parceliroom some bags of MacEwen said that they had not had time to shot. After considerable evidence was taken ger ft info any practical shape, but he had much the shock was also felt with great force, a great Tis 25,000 for the expenses of the Customs and hald being made in the earth like a vast lake, also Tis: 180,000 for the expenses of the two on these points, also as to the quantity of pleasure, on behalf of those who had signed the and thousands of people were killed At Wand newly established stations at Kowlung and chlorate of potash and sulphur necessary to address in handing to Capt. Thomsett a diafi he and Pac-sheng the earth also shook with two Kungpal. Tia 150,000 have also been granted produce the explosion, concussion and breakages with which he hoped Capt. Thomsett would get tion and dismay to the people, who ran out into The new regulations were to take effect on or honour adjourned the further hearing of the applause) He was reminded by his friend successive shocks, causing the utmost consterna-for the expenses of all the Customs cruisers, which occurred on board the Formosa, bis some small thing to remind him of their esteem the streets, crying with terror

about the zoth day of the 1st moon this year. caso kill jo-morrow morning at 10.30 am. Captain Deans that Capt. Thomself was receiving

Karberg & Co.) that the China Shippere Mutual S. N. Co's steamer Ningchow, from Liverpool, left Singapore for Hongkong this morning, and may be expected on or about the 26th it. THE Ceylon Observer contains the following late telegram:-London, and March.—in the House of Commons Sir John Gorst said that plans for the proposed graving dock at Bombay have been submitted to the Admiralty and estimates were being prepared. Sir Charles Russell moved that an inquiry be held to ascertain the right of the Executive to interfere with public meetings Mr. Matthews replied that the necessity for affording protection to property and upholding order demanded the closing of Trafalgar Square, and stated that be regarded the motion as a vote of censure. The debate was adjourned.

taken place under most extraordinary one half of the actual cost of that white cirkumstances, which render the occurrence elephant; the heavy working expenses uite inexplicable to those who, relying of the various establishments were going on the bona fides of the Board of on all the time and the Company had Directors, invested their savings in the only its legitimate revenue to rely on. Company's stock at high rates and now And so, notwithstanding sanguine reports find themselves either completely ruined from the Directors and specious but or on the brink of insolvency. Since Dock | misleading speeches from the Chairmen, shares reached their highest point three Dock shares, when once fairly started reports have been issued by the Board of Directors, and three speeches have been something approaching their actual value; made by the respective Chairmen at the public confidence had received a terrible half-yearly meetings of shareholders, and shock and trusting investors had been ail these reports and speeches, without taught a bitter lesson; confidence was exception, have bean laudatory of the nowhere when all interested efforts could Company's position and prospects; not one not prevent the shares from declining 17 word has been officially written or spoken { per cent, within three days, and in face of us warn shareholders, that the property an apparently well founded report that the had depreciated or the business fallen off earnings of the Company for the current and nothing to explain the ugly fact half-year represent, so far, something like that, without any reason apparent to the .6 per cent. per annum on the paid up general body of shareholders, their shares capital. have dropped in value within thirteen We have thus briefly sketched what we months from 126 to 33 per cent premium. conceive to be the present condition of the The Dock Company's scrip ought not to Dock Company, and broadly indicated the be, in the sense generally understood on causes that would seem to have operated the Stock Exchange, either a general or in blasting the sanguine hopes of those convenient medium for extensive gambling | persons-and their name is legion-who, | amongst share traffickers. The Company's without personal investigation or consider business is præetically a safe one that can allou, but merely on the strength of be easily understood and fairly calculated" repeated doses of inflated fustian" at trial by any person of ordinary Intelligence. trips, launching ceremonials, and share As an important shipping centre, this port holders' meetings, came to the short-terrible violence, shattering the prefectural city the number of tide-waiters was not quite sufficient and flare-ups in, which, however, had not will always be the head-quarters of a sighted conclusion that this wonderful large fleet of steam vessels, which must industrial enterprise was to contione for all undergo periodical docking and repairing. time to pay an annual dividend of about Allowing something for a margin, there twenty pierc

cont. in addition to writing off „should be very little difficulty in forming large sums for depreciation, etc. No doubt an approximately reliable estimate of the our remarks will be generally construed amount of work and the net profits that to mean an indictment of the Directors for will fall to the Duck Company's shares mlemanagement of the Company's

To the Hobouble Heary Gowego) Thansett, R.N, Tarlour

Master, Hongkong