1896-01-27 — Page 3

Hongkong Telegraph 港電新報 士蔑新聞 All

demonstration it would be supplied by the cop- duct of Lord Donraven in the events of the year now so naktly ended, Had be bellevo i that the Defender was taking an undue advantage of the Valkyria be never would have consented to enter" bli” yacht for the third race, but would have withdrawn, ander protes, and inthted upon a readjustment of the conditions of the match. The moment he permitted the

THE HONGKONG TELEGRAPH. MONDAY, JANUARY 27,

GREAT SWINDLE IN YOKOHAMA,

ALLIOED DIFALCATIONS BY A CHINESE COMPRADORE,

YOKOHAMA, January 20th. The Chinese compradoro of Measts Findlay, Valkyrie to cross the line be waived any objec Richardson & Co., Ching Yo-ting, was arrested tions be might have had to the race, and when by the police on Sunday at 2 p.m. upon. Informa -ha declined to all it was because he knew the

Defender could outfort him. It is to be hopedition received from Mr. G. C. Buchanan Danlop, that the end of the controversy has been charging the tald compradore with defalon. reached, and equally to be hoped that one amounting to $70,000, Upon examination the next challenge for the America Cup what the police atallon, Ching Ye-ling admitted come from somebody besides the Earl of

that he was short in his accounts to something Dubraven.—Chronicle.

"like that amount. Great excitement prevailed smong_the_Chinese Compradares in the town NEWS BY THE AMERICAN MAIL. when it was learned that their colleague had been arrested, and a deputation of the man's friends have offered $25,000 to compromise the matter, but Messrs Findlay, Richardson & Co. seem unwilling to agree for less than $30,000, Mr. Masujima is actlog on behalf of the firm. The Compradore, who is about 35 years of age, is reported to be wealthy, and possesses con- siderable property in Yokohama.--Fepan Math

The Pacific Mall S. S. Co.'s steamer China, Capt. W. B. Seabury, from San Francisco, eta Yokohama and Nagasaki, with malls up to 31st December, arrived in port this morning. From our San Francisco exchanges we take the following telegrams --

·BERLIN, December atst. Emperor William's visit to Prince Blimarck at Friedrichsruhe has been one of the chief events of the week. Instead of belog, as at Brat Intimated, purely a visit of courtesy, his Majesty's call upon the ex-Chancellor appears to HEVC DEGA" of prime political imperiance, for the news lasked out early in the week that the Emperor sunght

the advice of Prince Bismarck on the Eastēra and Socialist questions. The German pesss at first related to believe this, but it li now generally admitted to be correct, and later Bismarck's

organ, the Hamburger Nachrichten, confirmed the statement,

OWN

NEWS IN BRIEF.

NORTH-CHINA ITEMS. From the Ping and Tientsin Timis of the 4th instant and Shangbal files up to 21st instant

we take the following :-

Captain Dunlop, R.N., has been made an

Admiral.

CRICKET MATCH.

H. K. ROVERS ✔,"FL. K, CÖLTS. This match was played at Happy Valley last Saturday afternoon, and resalted or victory for the farmer, by 53 runs. Miley for the "Ravers" played sterling cricket and made 6t, his fine score being distfagulated by hard hlung are the scores good steady play. The following are the scores :~,

H. K. ROVERS: Miley, e Lammet, b Kew McHardy, & Lammert.

P. Langley, b Kow Rogar,

Kex

Brett, h Lammert...

5. A. Ramjhn, b Lammert

A. & Casar, pet outi

lott Kew

Ruchwaldy, n

Total....

HK. COLTS,

R. F. Jammert, Breit P. Hyadman, Langley, b May..

LA. Rowe, b MBeyer potericisman's F. H. Kow, Brest

mar Siirab Breit

A, J. Madar, Langley, b Brest Furcio, not out.

Silva, e Ruchwaldy, b Langley.... Gao, Kaw, ratred but......

DIOCESAN SCHOOL AND. ORPHANAGE.

1896.*

SCRIPTURE PRIZES—AWARDED BY Ray. R.

F. CONBOLD.

suppose many of you boys have read the Pilgrim presented by: Mr. Blayoxy, Band (Flies)— could in any point of value be paid. I think that Progicas," by Bunyan. - It. you havo not, you Tang Shing Glant of the North ;* - (Drums), the auditors might well be held to bava kaowa should get your parents to buy it for you," It | U. Hayaraki, ↑ With Lee in Virginia, Dilling—“ | this, but I do not rely upon the conclusion for is an "excellent book. The hero la named T. Macboib, Country Cossins,” Map drawing= | my judgment; what I do raly upon is that tho *Christian, and in bis" pilgrimage" he was | Lam" Chuh-shang, United States Pictares, auditem must have knowo, and did know, that accompanied by two companions named presented by Mr. Blayuay.

the balance-sheet was not properly drawn up so Faithful" and "Hopeful. There are few things of more importance to boys, and of

as to show the state of affairs, and that was a misferance. If, the directors were guilty of greater valne in all periods of life than good VII Standard-A J. Mackie, sa Boys' Stores, misleasance in relation to the company, they companions. I advise you most strongly to VI Standard-R. H. Kotowall, Cavallers and must be responsible for the consequences of mich kavē as good companions as Christian fad. By Roundbeads.” V. Standard-J. Ho-shing, misleasance, whether they themselves hai dolag so you will be falibful and hopeful at all | *Gr-*nland.' IV Standard—LU Chl-on, *Natural arrived at the conclusion that the dividend, if times. You will be falitful to your friends, | Hlatesy,' III Standard-Lam Kam-fok, *Wliman pald at all, would be payable out of capital or faithful to your employers, faithful to yourselves, of the West. II Standard—J. E. Piercy, Fur not."--( Law Reports Chancery-November and what is more important, faithful to your and Feather. I Standard—A. Piercy. 'Opposite number, page 673.) God." Besides that you will be hopeful and free Neighbours." from despondency in times of adversity. Now I can give

have all beans sample of faithfulness. You

GOOD CONDUCT PRIZE—AWARDED BY THE BOYS' VOTES.

P. Tregiilas, Every Boys' Stortes.

|

These views, and, indeed, the whole opinions of the Judges, are well worthy of the considers- tios of company' auditors, the crucial polat being that auditors occupy a position inter- mediate between directors and shareholdera, and their primary duty is to the shareholders,

stituents by inconsiderate and damaging dis closures made in public, even where directors many cases they have a very delicate duty to were in fault. - It is obvious, therefore, that in performJ. C. L." In The Scotsman.

of Di. Livingstone, the great Haveller and philanthropist. Well, he died in the heart of Africs, He was accompanied by two black boys only. When he died did they AUDITORS-THEIR DUTIES AND At the same time they would III serve their con- desert him? No. They travelled for nine months through the deserts of Africa and after much trouble

LIABILITIES.

EDINBURGH, Dec. 26th.

The Tientsin A.D.C, are pushlog forward the (Acting Chief Justice), Mr. G. Plerey, Jr. (Head. great power would sustain and not desert him balance-sheet for the year 1891 disclosed as a

Pirates of PenTANCE.

Shaphaikuan is recommended to foreigners as winter holiday resort. Mr. Kinder is so busy with railway work that Engineer to the Kalping Mines..

PRIEK DISTAMUTION., At soon to-day the annual prize distribution at most undfölsad pillanthropic institution was held in the school-room of the Home, at West Point. His Excellency the Governor presided and there were also present the Right Rev. Bishop and Mrs. Barden, Hon. W. M. Goodman

master), and many other ladies and gentlemen.

singing a pretty cheras, showing evident The proceedings were opened by the scholars signs of much care having been expended in this branch of education, Songs and choruses

Mr. Plorcy read the annual report of school, this showlng a very sailsfactory state, both as regards the number of pupils and boarders and the results of the year's working as shown by the examinations. He then called the names of the poplis to whom prices had been awarded, and his Excellency banded the much-coveted volumes to the fortunate boys. The distribution over, his Excellency sald

Bishop Bordon. Ladies and Gentlemen,

and difficulty theyAuditors of public companies have recently brought his remains to a place from whence received a very sharp lesson in English Courts, they were shipped to England, where they One of them was found liable by Justice now rest in Westminister Abbey. They were faithful to their master in his life and after his Vaughan Williams to pay jointly and severally death. This is the sort of falthfulness which we

with certain directors the sums of £5.946 and should all emulate. As an Ulustration of hope £8,46, being the whole dividends of two years fulares combined with faith I would point to the of a bank whose accounts he had audited, bot case of another great travaller known as Mange had failed to disclose to the shareholders that Park. Mungo Park was the first of modern

profits did not warrant the dividends, which Europeans who reached the well-nigh fabulous

therefore came out of capital. The Court of waters of the Niger. He lost his way in the Rigby) reached the same conclusion as regards Appeal (Lords-Justices Lladity, Lopes, and the heart of Africa exactly a hundred-years ago the latter som, but with After wradering about for several days he came across a small green plant, and it at once occurred to him that if that beautiful plant had been placed in the centre of the wilderness and had been nurtured and sustained by God, the same This small incident gave him heart again and awoke within him that faith and horns which led him to continue his journey to safe termlos- Hon. Well, boys, let us all, in addition to cultivating industry and

which are paresvamaca, so necessary for success in the everyday business

fulness which are so essential to our existance, and so necessary for us to havé nu, our com. panions through the tollcome journey of our lives hers below. I thank you, ladies and gentlemen, thus showing your interest in this institution. I very mach for coming here this morning and for congratulate the pelsa winners on their success. I urge thom who have not gained prizes to try again, and I wish for the Diocesan School many years of prosperity. (prolonged applaume.)

This was followed by a very amusing choras "The Village Minstrels,"

·

THE HONGKONG GOVERNMENT

GAZETTE:

(Saturday, 25th Fanwary, 1896.)

· GOVERNMENT NOTIFICATIONS. No. 1-The following appolotments ara gaxcffede—

F. A. Horeland to be Deputy-Registrar and of Court and clerk to the Chief Justice; & J. Accountant; R, F. Lammeri to be First Clock Xavier to be Second Clerk and clerk to the Palene Jadge.

No. 22--Notifies that Surgeon-Captain Canilla

H.V.C., has been granted twelve months leave from 8th February.

as possible, a vow anti-socialist bill, "modallad he has rezigned his position as Consulting | were alternated throughout the prog this of tile, cultivate also that hopefulness and salth- | heralds of the assets as shown in the balance Service examinations.

It is reported that Prince Bismarck advised the Emperor to introduce into the Reichstag, as soon on the lines of the bill of 1878, but containing more stringent provislous. The ex-Chancellor, it is also understand, connielled the accept ance of the resignations of Dr. Boetticher, the Imperial Secretary of State for the Interior, and Baron Marschal von Rieberstein, the Imperial Minister for Foreign Affairs, whose resignations have been in the Emperor's pocket since spring. The

Hamburger Nachrichten, during the course of several articles on the wobjeci, dis- cussed the necessity of suppicauing, by military actlen, the social revolution which is believed to be threatened. Prince Bismarck has accepted an invitation to attend the fêtes on jan. 18th, the anniversary of the re-establishing of the empire.. In consequence of the number of secent indis- cretions in betraying military secret orders and airangements to Sociallate, an imperial man- date has been issued to the Generals command- ing the different army corps forbidding all soldiers, under severe penalties, to divulge any "matters" perjulaings to army counmyufcations:

They are especially forbidden to furnish any

Information to the newspapers.

LONDON, December 30th. A Berlin dispatch says:-The action of the Utlanders in the Transvaal has given rise to an unusually violent exploitation of anti-English feeling in the German press.

The National Zeltung is quoted as follows :- Germany, Portugal, and possibly France cannot allow the Boer Repabila to become the exclusive pray of England, especially of such a dangerous personage, as Cecil Rhodes.

Tha, Timas šlapninh, than vestiumaa sTha Kolaiche Zeitung, tao. Kraus Zeitung, and other papers express similar sentiments. It cannot be dented that while the relations between the English and German, Governments are in a way cordial, a widespread feeling of animosity #gainst England exisis in Germany,

The Times has a colume article explanatory of the Transvas trouble, which says -Equity of representation with taxatlon, language and law, responsibility of the Administration to the Legislature, and the removal of religions dis- abilities are among the chief of the Vitlanders' demands; while they desire to maintain republican Institutions.

An editorial in The Timas complains that the French and German press are criticising England without properly grasping the blatory at ges graphy of the question. The Timas believes that no desperate remedy such as an appesi to force will be, required. Some reasonable con- céisions, it continues, even though not all that the Uitlanders might rightfully claim, might avall to postpone a conflict.

The soldiers stationed at Shanhaikuan during the war carried away thousands of bricks from the Great Wall o make Zange for themselves.

The Shanghai A.D.C. gave's very successful performance of the Gondolers on the oth instant.

It is reported that a Chlaese settlement for the benefit of Chinese traders is to be established at Hancheng, Korea.

The body of Hugh Graham, lato aloward owing of the steamer Wuku, drowned in Shanghai on the toth inst., was recovered on the 20th, and an inquest held. Verdict, "accidental death."

On the 17th inst, the members of the Shang- hai Police Shooting Club presented Mr. J. McDonald, their late Secretary and Treasurer, with a marble clock as a mark of esteem. Acting Captain Saperlatendent Mackenzie made the presentation,

The Chungking correspondent els Shanghal native paper writes that the American Com- mission of favestigation accepted. Tis 30,000 a atonement for the outrages to which American citizens were subjected in Szechuen province last summer,

¡ exchanges !— "

JAPAN,

An Osaka paper attributes the considerable reducilon in the criminal statistics during the war to the large ■ number of coolles absent with the army.

the B

According to Hiroshima advices eight of Korean political prisoners have been released. The telegraph dicest Port Arthur was re-opened on the gth that.

M. Sparer, the new Russian Minister to Soul, arrived at Secul on January 6th,

Fukuoka merchants contemplete estapusuing

Severai

a cotton planing company with a capital of yen 70000ersi cotton spinning companies of Osaka fotend to increase their capital this year.

Owing to the present revalt in Formose, the military government of that province will be continued for some time longer.

Two members of the Japanese Communica Hone Department have been ordered to attend the International Telegraph Convention at Buda- Perth in June next.

the Mikado at the coronation of the Czar

Major-General Prince Fushima is to represent The Japanese Commander-in-Chief of the occopied territories in Manchuria reached Tokio on the 4th inst.

some difficulty relieved the auditor of Hablilty for the former. The bank was the London and General Bauk (Limited), founded812, od making loans and otherwles sing the Balfour group of companies. The god met, Loans to customers and other securities, 6346,975," and the audites' firm reported to the directors "We cannot conclude without expressing our opinion anhesitatingly that no dividend should be paid' this year," but the only note of warning to the shareholders was the somewhat colourless observation that sheet is dep_ndent upon realisation," The auditor was present and silent at the meeting was not disclosed, and a dividend of y per cent. of shareholders when his report to the directors mounting to €8,486, was declared, and it was afterwards pald. The Court, however, thought that though the position of the bank in the previous year (1890) was, to the knowledge of the auditor, very noratlafactory, matters were not known or believed to be so bad as to lead to the conclusion that there were no profits out of which a dividend could properly be paid, and for £5,946, the dividend of the year 1890.

No. 23-Notties that by order of the Secretary of State the regulations for examinationí for will be held simultaneously with and under the Colonial Cadetships are cancelled, and hereafter

same regulations as class I and Indian Civ}}

Ing the Chinese holders of annual or special No. 35-Contains an Order in Council exempt. passes from carrying lights after midnight. regarding the shipment of dangerous goods,

No. 25—Conialna alterations in the mis No. 16-Contains particulars of sale of Crown Lands by action, at 4 p.m. on the roth February

No. 17-Contains particulars of Artillery practice during February, and warnings to residents in the vicinity of the warlons batteries No. 38-Calls for tenders for laying sewers in

received by noon of zid, February.

JUDICIAL NOTIFICATIONS.

Excellency, ladies and gentlemen; I am

The Right Rev. Bisbop Burdon sald :-Your they accordingly relieved the auditor of liablil Wing Fang Street and Wing Fang Lane, to be vary sorry, Sir, that I made myself so badly misunderstood last year, but I have just explained to your Excellency that the boring I spoke of was to you, and not wera bored. I must beartily thank your Excellenty for your

BEY mear's that we

1893-

No doubt the Balfour group of companies to whom this bank advanced money were rather queer customers," as recent disclosures have shown, and this was a grosa case of breach of daly and perhaps not likely to occur la the caso of ordinary companies and ordinary auditors but what is important for all auditors is the full exposition of their position and duties relating to the directors and the shareholders given in the judgment of Lord-Justice. Lindley, and concurred in by his brethren,

Before referring to these it may be noted that an anal audit of a company's accounts is not (subject to one exception) compulsory under

a set of audit clauses for insertion in the articles of public companies, if framers were so minded ; and in plot of fact some audit clauses STA always adopted, and

generally very much on the lines of the statutory form.

The

excepilon referred to ir that lo 1879, alter the backing disaster of the previous year, an audit, substantially as suggested in the audit clauses of 1867, was made compolsory In limited liability banks registered under that

In re E. F. Blichal bankrupt ; public examination of debtor to be held at noon of 6th February,

In re Mak Sat Mun, bankrupt; creditors to prove claims belore February 25th,

The Garsite also contains the usual list of unclaimed telegramt lying in the Telegraph Co's offices; the Post Office list of dosie vestands correspondence, and list of letters, etc, for merchant résuals,

SHIPPING AND-MAIL NEWS,

MAILS DUE! Canadian (Empress of India) to-morrow. Australian (Airlie) göth lust, French (Melbourne) tat piox, Indian (Kutsang) tut prox. Tacoma (Victoria) 5th prox. American (Afridi) 6th prox. American (Dorte) 29th prox.

great kindness in coming here year after year and for taking the interest you do la our work, I find nothing else to say except with reference to the school Every one concerned 'has been well satisfied with the result of the year. The numbers are ever on the increase, and compared with the year before last show a very pupils has been the daily average sitendence much larger number of pupils. One bundred

attendence was very light. Comparing with the The fast year, on account of the plague, the

former years, however, the numbers are most satisfactary. As for the teaching staff and the other internal arrangements there are no points I wish to call attention to. There is a great need to call upon our friends to help us, as Wo are cufortunately very deeply in debt." It is said that most good institutions are always supposed to be in

in debt, but I could hope we were not so bad. There has been a constant lucrease in the then chartered ones, which, however, havs, delivered in New York on the 25th inst

Act. This applies to the Scottish backr, except the running expenses of the school with the increase in the numbers of pupils, and the in their constitution and practice, thorough |attendant increase in the cost of maintenance audita, Thus, all barks and most other com THE Canadian Pacific. Raliway Co.'s steamer › the accounts showing that these have increased adequate enough to theory, and the main thing 8300 over last year.

pantes have provision made for annual audite, on income has fallen off immensely. There On the other hand were two seperate helps

is to see that in practice they are genuine and thorough. The year before

The first important point is that under the inst which we did not have last year. One was a donation from the Freemasons of $200, which statusy scheme, whether of 1863 or 1879, auditors are (after the first year of a company) was not renewed during the ing

YOUT Another was the Barzar which produced 8265, ppointed by the shareholders, and are to report which during the last year we had nothing to directors. They are designed as a check upon to them directly and not to ar through the So that we are now very corespond

directors, and they do not discharge their duty largely in debt in consequence

of the success find our friends will rise up to help us in our the school. I hope we may be able to

of

10.

*

THx sik steamship Empress of Japan was

to-day, and left again at 5 pm, for Vancouver. Empress of China arrived at Nagasaki at 8 8,05.

THE Canadian Pacific Railway Co,'s slesmer Empress of India arrived at Shanghal at 12.30 p.m. on Saturday, and left that port at 5.30 p.m. the same day for Hongkong, where she may be expected to arrive about 8.30 a.m. to-morrow,

A Ruslan visitor to Port Arthur reports that and 1895, probably connected with the plague. amenities. There can be no question about remonstsking with them. It in their duty to night on the 25th inst, for this post, and may be

all the machinery and every article of war material has been removed by the Japanese. CARACAS, December golk. The Quika Chamber of Commerce hai The Venezuelan Government is negolfailog In-peililoned the Diet to increased the Custom the United States for wax supplies. Fear hear House accommodation of that part, as at present

It is totally inadequate. guns have been rent from Caracas to fortify the harbor at Maracaibo, The special commission. ers_appolated to arrange an alliance of South and Central American republics against England are ready to depart.

"

VIENNA, December 30th.. The St, Petersburg correspondent of the Frate Press telegraphs that Russia and France have actually promised diplomatic support to the United States in the Venezuela trouble, and adds that Russia is prepared to facilitate the United States' loan with her own gold reserve.

LONDON, December 30th.

The Duke of Somerset writes to the Part ikie

monsing protesting against Lord Sallsbury dolog, anything to assists the Venezolan Commission, which, the Duke says, aught to be ignored.. "Ií, England yields in the slightest to America," he continues, if it will be as ruinous to our prestige at when Mr. Gladstone allowed our Atg to be trodden upan by the Boars,”

ŠT. PETERSBURo, December oth

A dispatch to the Nouns Vramya from Vladivostock says that the situation of affairs in Korea in most serious,

The King leconstantly surrounded by Japanese aples, and fears he may be assassinated. His majesty is guarded blghtly by American mlastomarics.

a

New York, December 30th. Erasins Wiman, whose rise from a number to a millionaire used to be held up example for the Nation's small boys, will in a few days take up cudgels against fortune again. development of Staten Island. This news was

sharo

·

to the cruel kindness of my and spiritual adviser, the Rev. Mr. Cobbold, I find myself again in the dificult position which I bare cocupled on several previous occasions. I really thought that this year I was safe, for what did our good Bishop la 1894 I will jog his Lordship's memory- The words you used, sir, were as follows, and they were used in Mr. Cobbold's presence, "To attend there cccasions year after year-one being very mach the same as another-and to make a speech at each must very often be a bore," (Laughter) On that occasion, as on this, there was a 'chie! among as taking noter' and as be 'printed' them I fairly expected that they would be fresh in the recollection of the Bishop and Mr. Cobbold, and that some bewer and more eloquent and ready orator We take the following items from Japan than myself would have presided this after

noon. Such not being the case, I must come to the conclusion this the Bishop and. Mr. during that period, as against 85.74 for Statue ;, but the leading Act of 1862 farnished Cobbold are two very hard-hearted men and that they have combined together with view of my sacrificing myself on the Altar of Boredam, Nevertheless, it is now my clear duty, with all deference to the views of a very able writer in the Colony, to proceed, like the Israelites of old, to make the pro verbial bricks without the proverbial straw. I have, however, two or three little bits of straw ig (all high «pen to these returns, with which I have been kindly furnished by Dr. Eitel; and after I bave made use of them I will hand them over to the representatives of the press for publicailon. (The tables referred to by His Excellency showed the progressive Increase of the "grant in sid" to $1,375.41, Its present figure.) Well, ladies and gentle men, as they say at all public meetings you have beard the Report read and I must say think it is a very satisfactory one. This school, I would remark, is a charitable one, and to the public it as most practically useful institution. At the risk of repeating what the Headmaster has said I would call you attention to a few statistics. The average attendance has been progressive on the whole since 1890, and there is a marked improvement between 1894 and

to the shareholders by merely bringing before THE M. M. steamer Melbourns, with the French directors Irregularities or dangers, or even by mail of the 3rd January, lett Singapore at mid- In 1894 the average attendance was only 78, and In 1895 11 was too. The proportion of scholars

the managerment and general success of the see that their warnings, where the subject of expected here an ar about the rat prox, classes. I would just like to read an extract from shareholders. It is, indeed, as part of their THE Northern Pacific Steamship Co.'s steamer examined bax steadily increased-in 1890it was lester from Dr. Eitel which I have received in

them is not removed, are disclosed to the 71, is 1895 it was 82. The last examinas connection with the results of the exammations. older

dely to advise the directors or tion shows a slight falling off in the number 1 He exprogles great satisfaction with the excellent | kolders as to the conduct of the company) | instant,

Hankow arrived at Tacoma" on the 24th of passes in the lower standard, but there is corresponding increase in the passes gained in to the bigher branches of study, as Euclid, dividend is to be paid, but to arcerials and intrafalng the pupils have received, especially bulacas, or even strictly as to what, if any, the higher standards, The Government grant geography and science. As a sample be

disclose to shareholders and directors alike the earned has steadily

encloses slowly increased. In 1890

true Enancial position of the company. They it was $984; la 1895 it was $1,375. This amount, Blustration of the sound religious principles a paper written by a Chinese popli as an

are to examine the books, accounts, vouchers, however, is hardly ten per cent, of the current inculcated at the school. The paper is excellent,

and balance-sheet of the company, and, expenditure of the School. The strong paint of

necessary, call for explanations and foformation

SHIPPING RETURNS. the Diocesan School lies in the teaching of the but I will not trouble you by reading ft. Under all these circumstances I think we have every

from directors and other officers of the company, higher subjects of an English education, and in

From 6pm. Saturday to 8 pan, to-day, and report thereon to the shareholders, which

ARRIVALS. Imparting a good grasp of the English idlem in couragement to proceed with our work, and I speaking and writing. Dr. Eftel tells me that hope our friends will help as as in the past. I report, siong with the directors' report, shall be

Kwmgmo........................................steamer, from Amoy. Elementary Science, and History displayed a

have been asked by Mr. Piercy to say that the read at the meeting of the company. Upon this fo Euclid, Physical Geography, vacation commences to-day, and that the classes it is to be observed that the auditor is to

Hatloong a sxeming the books, not merely for the purposes of ascer. Belland vaenergiur sound mastery of the rudiments of these subjects: Loud open on Monday, the 24th of February,taining what they do show, but also for the Independent The majorit were usually good. In fact, the examination

of these papers I am informed applause).

Alter singing another chorus, the pupils, purpose of satisfying himself that they show of the higher classes displayed that on accompanied by the fife and drum band of the the irus financial position of the company. superior style of scaching, Mr. Percy and school, sang "God Save the Queen, after And Again, it is not enough to give so much

Cosmopolst his assistant masters are to be congratulated which three hearty cheers were given for the sharebalders to ask for more. Hints which

Information as

Cats ararayondok fs to loduce some

Maris Fedsen Queen," his Excellency, Bishop Bardon and the most heartily on these most saififactory results.

7 MAY arouse inquiry are not enough at the same There were, as fald before, fewer panses gained ladies, the latter called for by a little follow

Yuensang is no reason why, lights, bunys and

in the lower standards than there ought to have cply able to look over the form in front of time the report may be made confidentiaily or bercons should not mark the dangers ar

in such a way as not to give publicity beyond

and song abmumácues Mm. This concluded the proceedings. been, but I believe that some of the papers were efficiently as in any harbour in Europe. Why unusually stiff, therefore the boys who failed

the

China membership. The hint given in this case, PRIZE LIST.

Cat 2.9 that the value of the assets was dependent on should we not have a light on Kowloon Paint, need

need not be disheartened, but must try

Smithtoist4) Oxford Unturrsity Local Examination.- | realfention, which iz was pleaded was aufficient again. with red sector over Doomall Rocks, and

Boys, I must tell you that these examinations Sentors (with title of A. A)-T. Banning, W. to pet shareholders on inquiry, amounted to a

Hanmuir stone or plla beacon on each aide of them are meant to test the extent of the knowledge Heras, S. Tiphinstons,Fanformere fralsm, and it was the duty of the auditon These rocks are being worn away, and there is you have attained to, and your readiness to meet Regley, H. S. Beren, Chen Kwok-lls, D. Elphin. to convey in direct and express terms to the ............. but litle of them remaining above water. It is any emergency which would require the practical stone, U. Hayasaki, H. R. C. Moore. Pre members say information which they thought true there are buoys on either side of them, but use of that knowledge. They are, therefore, of benar), Ford, III Clan Hours, proper to be communicated they are very small, and the wonder is that more

very great more ways than one.. am launches, etc., baré not come to grief on them. very pleased to find,-and this remark I think ledge, G. Benning, H. H. Katewall, L. Long,

| in Goography and Religious Know? The same remarks apply equally to the applies to all the schools in the Colony-that the

Belilios Medal and Prize Examination.-- Channel Rock, and the newly found rocks inside books which I have given away as prizes are very S. Elphinstona, (and); W. Buras, (3rd); T. Lyeemun. These rocks lie out of the track useful books in most cases. A study of soch Banning, (th). of ships, but vessels have to move dering the books will be of lasting benefit to you. They

CLASE PRIZES, night and in rain, fog, and hase, when the sight will enable you to nilike your add moments to Sentors-8. Ziphinstone, History of Hong well-known beacons would be a God-send advantage lastead of wasting them. Some of kong pesscated by Hon. E. R. Belllos, Vir It is very easy to get out of the channel at them are books which you can always keep by Standard E. 8. Tad, Bays' Own Annual, times. the emormosa you, i Standard-R. Morelle in the Harbour it is a disgrace that something has formation on Important subjects. They are V Standard

of Talid.....MIET LF Chi-on, "Red company to a more stringent form (under Act' Lokiöngumnea this. The comparatively few accidents in the generally patronised There are arstwemailers Rooney (3) Chau Tio-yu, Indian Mutlay, 1863, sec. 165, and Act 1890, sec. 10) of enforcingkong. harbour speaks well for the care and skill of those mentioned to Mr. Piercy's report which will pressated by Mr. Ralphs. III Standard-Chan ing sapayment or compensation for what le navigail-g our crowded waters. This, and the look into the first is levelling the place of Yam-teng, Swiss Family Robinson. Il gland called in Roglish law language a "mistoasance." beller that the harbour is perfect as nature made ground which the boys ise as a playground, ard-Chay Po-sin, Pirate City, I Standard which seams to forinde either breach of trast ing most of the year, conduce lo made us 12, which is improved by the fine weather prevall- and the second is the possiblilty of reviving the Kaw Sas-hoe, Child's Stories,

or breach of daty, Lord Justice Lindley, BFICIAL PRIZES, lightly of any aids to navigation sutil our atten-

on this point, says "there was a clear breach tion called to the need therefor by such an occur be useful and stimulating to you. I have afters Moore, Longfellow's Poems VII Standard-only rendered possible, by the auditor, Katser to Kowloon Dock. rence authe Onsang disaster. But when liis called setion should be at once taken.. Let us not wait until our attention is sgain arrested in the same unpleasant way,

Thanking you for laserting this, I remain,

Yoms, c

CORRESPONDENCE.

(We do not necessarily endorse the opinions expressed by

Carspondents in this columen,)-

HARBOUR LIGHTS.

of

To rex Etton or tam “Rongkong TelegrAFE." SIR,-Now that a fine galet on the Dunmall, of Cast, Roc has come to stination of the entire Marfilme world has heen drawn to the unprotected and dangerous state one of the few dangers in our beautiful harbour, would it be in any way unreasonable to expect the Colonial Government to instruct the Harbour Authorities to go into the matter therenghi Sately, with a tax of 3 cents a ton on all ship ping entering the barbour there must be ample lande in hand to carry out Improvements, and there is ver

tha

F

|

THE Indo-Chins Co.'s steamship Kutiang, from Calcutta and the Straits, left Singapore for this port at 4 pm, on the agih inst.

Sultan

Yungping

19

Coast Port,

19

Singapore.

11

1 Saigon.

#

1

Bangkok.

Canton,

Holhow.

Chinklank. Touron

Pakbol.

H

"Hollow,

Amoy

12

Canton,

***Nagasaki,

1+

Pakhol

10

192493540244150

Kobe,

14

"Saigon.

*

Didima

2

Yokohama. Chinklang,

"

Hainan, Amoyi

-Aggregating 26,696 tons register.

DEPARTURE.

Germanis........

As father illustrating the position of auditors, Plovar.........gunboat it may be noted that it has been found by this judgment, as well as by another of the same Court the other day in the case of a limited con- Eros amser, for Nagutakti

(Kingston Cotton Mill Company), not & deféti „............... bank, that anditoss ats, like directors and man. Triemp "gar "officers of the company. In this respect Chiago difering from the bankers, brokers, or solletters Inverte of a company. The importance of this point is

received in Wall Street with general satisfaction. | notkeen done to remedy this stato of affairs before great improvement on the rabbish which is so Andes IV Stand-hau, Rover of the | It subjects the auditor on the winding "P.0***

It in wald that Mr. Wiman is backed by syndicate of Wall-street man who have faith in bla enterpilas.

December 31st.

A special to the World from London saya The young Duchess of Malborough is seriously Ill in Rome with typhoid fever. A private letter from there to-day sanounces this. The fever was contracted while she was in Spain.

A dispatch to the World from Kingston, Jamaica," says.:—There was a revolutionary | outbreak at Aux Cayes on Thursday, but là was premazare, and was promptly, suppressed. A Teneral uprising in looked for now, and the Troops are belag mobiliaad, Troops are gurjaring to sail from here.

thiok

Government Scholarship. And now, boys, I

ought

MASTER MARINER.

· Hongkong, 26th January, sügé,

to

"Saigon.

Nagasaki. "Singapore,

Swatow,

Hollow.

#

#

Hollow,

Hello.

1

19

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skylacubertas

H

1

# Swalow,

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n

Swatow,

Nanyang ESSEN SPLET Pavenna 48500200100 Lyunmoon amenaçõe

"Shangha!

"

19

Shanghai, Canton.

נו

Aggregating 16.469 tone register, to say something more to you something that may Seal-Euclid

and Physiography, H. R. C. of trest by the directors, facilitated, and, indeed, HONGKONG AND WHAMPOA" DOCK, RETURNI, told you and all the other school boys in the Mathematics, U. Haysal, History of Hong. who filed in discharging his duty to the Chow | Colony that If you wish to got on in fle, and to

succeed in life, you must be indusitions and must Standard-Algibre, Euclid and Physiography, sqully both he and they could be properly Deri...................

kong, presented by Hon, E. R. Belllos.. VI shareholders; and I bare no doubt that in Kong Bing commm...... be persevering. If you are not you will, as our L. Long, Silver Wateb, presented by Mr. Mackle, declared jointly and severally liable for the Namcast American coualus_say, "takes a back seal V Standard Algebes and Euclid, W. Reises misapplication of the company's money, which Rhodora maisiusw. 24 can assure you. There are two characterisics, Hesour Rell IV StandAndAlgabes and constated that breach of trust." Led-justice Ancendio, W however, which I may not have mentioned to Euclid, Kang Sacs-fak, •. •Lonelyn. Tiland." | Rigby, is not less explicit" In my Judg. Onzang monuimami no you before which are well worthy of your study. Masto-CarHastings," "Straight to the Mark? | mint 34 la established that the' brak | Taichiewensmaan (6) Suey are hopefulness and Sakkiminers: Now #DIAWIENIENSYing-yest**: Züglah Fluturang - Ind, no finde am of which the dividends. CroWN AS KITIEM JA

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