1896-04-11 — Page 3

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OLIVERS FREEHOLD MINES,

LIMITED. -

The first reacral meeting of shareholders in the above named Company was held at moon to day, at the offices of the General Managers, Messrs J. D. Humphreys and Son. Mr. J. D. Humphreys presided, and there

THE HONGKONG TELEGRAPH, SATURDAY, APRIL 11, 1896.

business. Dr. Noble. Is a large shareholder and represents other shareholders, and the other gentlemen are very large; shareholders, and this: Is the resson I mentioned their names.. I think the shareholders are safe when thels Interests are represented by the General Managers, who hold à large proportion-about one-fourth of the shares of the Company, andą -larga funther portion of them.

the 15th rule, shall render the offender liable to fines of from $10 to $100, and the whole of the prohibited camuhor will be forfeited as well as all money usid for such camphor sokl

RULE XXL-Conveyance of camphor with a false manifest in violation of the 11th rule or neglect to apply for exstinxiion of the camphor in breach of the 13th rule, or obstructing the in punished by fines varying from $5 to $50.

RULE XXII-All persons alding and abetting or being privy to the evasion of duty (smuggling) shall be fined from $3 to $30.

also been named Ironside, and in entered for the forthcoming Spring Meeting-N-C. Daily Newz.

A NEW TOTALIZÁTOR,

reaching Chaapking, when they llerally had to held, their Bose, they say, to endure It. Six others of their party now at Chlagta are expected here, la the course of the next work, Beautiful though, our city is—for surely nond it ever look more attractive then it does now in could be more picturesquely aftunted, sior could brilliant sunshins, both is rivers of the same bige as the sky overhead, and all its many fruit think how twelve Frenchmen are to do their tenure of office here, and it is to be hoped they may find plenty of business to occupy them, for they can find so little to amuse them.

at 1774 to 179 per cent, pram, cxað, át 180 før 30th instant, and correspondier rates on time, and continue tu' demand. The dock is full of plenty of good paying work. Hongkong and- Kowloon Wharf and Godown Company's sharmN sald at $48 and $471, and are on offer at latter New Amoy Docks at Ste ratę. Winchals sold at $39 and a small lot of

were also present Messi C. Ewen (soliciter by the Consuling Commlitee who hold a very spection provided for in 158-16th rule will all be introdane to the public a new machine which trees lavciv with blossom-yet it is difficult to Lands sold at $73) and 873 od are freely

10 the Company) E. Hagen, Capt. Clement, Mr. Hart Buck, Captain A. Tillet, Hr. D. W. Crawford, Dr. Noble, Mesur J. R. Stevens, C. Inchbald, G. H. Potts, C. H. Grace, W. D. Sutter, A.. Manell, J. H. Cox, W. H. Fells, E. S. Kelly, M. B. Falishwalla and J. A. Jupp (Secretary).

After the notice calling the meeting and been read.

The Chalaman ald-Gentlemen, this fen statutory meeting which we are obliged to hold wit' Is lour months from the date of the form

Mr. Inchbald then withdrew his amendment and the Chairman's moln was put to the vote and carried ananimously

Mr. Tach baid I am informed by the Com Pay's Solicitor that I can propose, and I do propose, that the General Managers are re- guested in add one or more members to the Contaiting Committee should they think it to do so."

This was seconded by Mr. G. H. Potts and carried unanimously.

The Chairman: Gentlemen, that concludes successful, and I believe it will be.

RULXXXIII-Duty must be paid according to the Bih rule on all camphor in stock on the day announced for the enforcement of thega roles.

THE SUGAR TRADE

+

New regulations for the conduct of the sus trade of Formosa have recently been fired. They are just as objectionable as the Camphor Regulations. They were published, inexione

Fadis, Mr. D. R. Dalal, who has for many years At the Bombay Races, saya tha Times of worked a Readymosey Totalizator at various mestings-throughout the Presidency, intends to should attract a considerable degren of interest. Bearing in mind the fact that Bonner's Totaliza tor failed because the transactions of awDAN and others worn the common property of any who made point of

T watching work, Mr... Dalal has by several very ingenious mechanical contrivances succeeded tickets taken on each runner, the amount in the in throwing a screen over the numbers of peal being along visible and shown la bold figures on the machine. As a piece of me chanlem the machies is perfect, and by s on a start being affected the work of the machine control of the Jodge, by whose pressing a button is suspended, and the further issue of tickets stepped. The new Totalizator will thus probably satisfy those who objected to Bonner's on the cessions which will no doubt appeal to backers score of publicity. Mr. Dalal offers several con- For instance, when a horse wins on which no the price of all tickets alaus 10 per cent. ticket has been taken, be undertakes to return.

Bop of the Company. The Company was the business. I hope your venture will be in the Daily Press yesterday, and set forth that 1, electric arrangement it is under the absolute

egiatered on the 30th of December last, and, as you know, was formed for the purpose of purcha. sing and developing a large area of auriferous ground at Mouni McDonald, New South Wales. The properties are known as 'Olivers Freehold and the Eureka' mine. Both these properties were folly and accurately described in our prospectus and I need not therefore repeat what can re-read for yourselves if you wish.

Our prospects since

then have Improved owing to the attention of Mining Promoters in London having been directed to this district by the success of the Wentworth, which was floated with a capital of £500,000 about four years ago and has since then returned i0,000 net dividends to the shareholders. Nearer at to us, galte_re

You

cently, in October 1895, the Gibralter Gold Mining Co, was floated to Landon with Capital of £30,000, fully subscribed, and later still, since we bought the Olivers Frechold And the "Eureks, the "Great Eastern Mies, Immediately contiguous to the southern boun. dary of our "Eureka " lease, has been sold to Londen Syndicate, and will doubtless be shortly floated. Enquiry has also been made for your mining properties and we have been asked by wire to fame our price. We replied by wire that we were prepared to negotiate on the basis of £60,000 for the property, in cash and shares, And bave since received a telegram from M Ackroyd to the following effect "Negotiating the sale of the entire block. Prospects are encouraging." We are not at all anxious to sell these Mines even for this large sum of money, because, although it is a big pelce, we believe that after we have developed and prospected withis the means of the small capital at our disposal we may do much better, either by flating a Company for a larger sum in London, or by working the mines if we have sufficient capital

THE TRADE OF FORMOSA

licenses must be taken out by ali dealing la sugar and a tax of $3 per year is Imposed upon each sugar mill-which are only capable of sundag but at the most roo plculs each during the sea son. The daly in rafsed from the old rata of 30 cents and 18 cents per pical on white and brown be sated in this connection that sine-tenths of sugar respectively to 35 and 30 cents. It should the sogar exported from Formosa is the cheaper klad-caarse brown. Customs officials are given the sight to inspect the godowns, shops, mills, all the account booke, and also the

Regulations are to be imposed for any falractions nature- az those included in the Camphor

of the regulations in question.

IMPORTANT INNOVATIONS. Through the courtesy of à European imerchant having large interésta at stake in Formors we are able to place before our readers a copy of the regulations under which the Japanese Gorein meat tatends the camphor trade of Formoss shall in future be conducted. As will be seen by careful pérusal, the mula objection to these regulations is not so much the extra duty imposed on the product, as the amosar manufactured," and penalities of the same restrictions hampering the movement af camphor and the system of Lekin now provided for. Merchants who have been long engaged in the trade in Formoss predict that these regulations will so entirely upset the trade that it will be almost Impossible for foreigners to carry on their business with any hope of auccess. This it appears, is well known to the Japanese, who are said to have drafted these regulations with the express purpose of ousting foreigners by taking all the gut off their gingerbread. They came in force yesterday.

NEW REGULATIONS GOVERNING THE CAMPHOR TRADE.

RULE I-Persans engaged in the camphor trade shall be of 3 classes. (a) The manufac turer, fe, the person who sells to the agent or merchantsor sell to retailers or to purchasers for their private use. (8) The agent or middleman, f person engaged in the purchase of

amphor who sells it to another agent or merchant, or to retallers, or to other parchasers for thele private use. (c) The merchant, f, the person who engages in the purchase of camphor, ables and exports it.

RULE.II.Any person enraging in the camphor business must first apply to the proper authorities for a ilcense for each place of business; it the same person engages in business at several places he must take out a license for each place; but manufacturers must observe the rules relating to Government land, forest, waste lands and camphor estates (Government order No. 26) issued in October last year; on the application being sancloned leave will be given

to manufacture.

RULE III-Persons already in the camphor business, whether purchasers or sellers, are allowed to contious, and their names, together with those of the members of their familles and their employees, must be writian on the applick- Hon for a license sent in to the authorities, and each person rust carry his license for inspection

RULE IV-Licenses must be paid for at the

30 ceafy.

time of issue according to the following scale

H

For each license to manufacture For each license to purchase opa TO For each leense to sell.......

polit, or should another person take the place of RULE V-Should any license be lost or. the licensee or the licensee change his name De babitation, la all such cases the matter must be reported to the authorities with an application for an issue of a new license or for alterations to be made in the old one, fees to be paid according to the above Ision.

on our own account. After all the trouble wa have taken to get together a mining staff consisting of three of the most ́able and trust- worthy working mining managers in Austaulle, and a staff of picked working miners selected by them, wa certainly are not in favour of too hartly parting with a property which, given sofficient capital, is in our opinion certain to achieve results which will compare favourably with the best mining industries in Australi Our last advices from the mines are dated the 13th allme. The representative of our firm there, Mr. Willmott, Junt., informs up that while waiting for the transfer of the 'Eureka' they had employed their time in prospecting the 'Olivers and had a windlass and everything fixed up over spot where good gold had been obtained, bai immediately on the transfer of the 'Eureka' Mr. Willmet, Sent, advised they should make a start at once with that mine, and finding that the abaft, which had been sonk to a depth of Bg-fect by the previous gwaers, had been sunk over the old werkings and was therefore insecure and incapable of being carried to any great depth they wired on the 24th February "Cheaper to sink a new shaft for Eureks and on receiving our reply "Sink" Mr. Willmott pegged out new shaft the same day at it. west of the old one and on the 15th and 26th It was sunk to a depth of 7 ft. The logs were waiting and it was then logged to a sufficient depth to uks the poppet heads. Work was then commenced to clear the heads ready for shifting and they were shifted bodily and piaced over the now shaft without the slightest hitch or damage. This will give you an idea of the class of men you have on the job. Tenders were then called for 150 feet and then will be opened on the 16th, and we think they will be a good bit below the climate, including umbering. The engine and bouse are in good order but a new dam will be bulli to supply the boller with water as the present one would absorb too much power in pumping. We are expecting a telegram to give the progress made up to date-and if it comes to hand during the meet ing I will read it to you. Up to date 25.000 shares in the Company have been allotted of reserved for the mining staff in Australia, includ Ing 15,000 A and 10,000 B shares. We propose to offer the whale of the remaining shares, which are all B, to the shareholders only at irrespective of the market rate for the time belog. An issue of B shares will be offered to the registered shareholders in the pro-liberty to send in an application and he will portion of one B share for every share they hold. Every shareholder on the register on Thursday, the 3rd instant, will be entitled to an alloiment of one B share for every-shara, -whether A or B, registered in his nams. And it Is prepared that as Instammt of one dollar only shall be paid for every ahare applied for and that no further calls shall be payable without at least two months notice in respect of these shares. When mors money is required a final Issue will be made of the remaining 10,000 shares on which sn fustaiment of $: a share will be payable in the first instance, and these shares will be also offered to the abareholders In the proportion of ope to every five that they than hold. Notice by advertisement will be giren in due course. I shall be pleased to Answer any questions.

"

RULE VI-If business be given up, the cir and the license cancelled. Should any camphor cumstance must be reported to the "uthorition remala in stock on which daty la unpaid, it must pay the proper amount of duty.

Formosa are fully alive to the necessity for a It is to be hoped that the foreign Consuls in thorough Investigation into the whole circum- Regulations and will forward exhaustive reports stances of the trade affected by there now

on the enbject to the British Government at no very distant date.

POLO.

The Rifle Brigade received a Challenge from the Clubs for a match at an early dale; but acceptance is delayed until the Regiment receive a fresh lot of ponies.

CORRESPONDENCE.

We do not early adorne the općulona szpessed by

Ceremondenta la 'thin onksuan,)

MR. JOHN ANDREW'S CASE. Ta To Era of vun "Howessons`TELEGRAFE.” SIR-As one who has devoted a good deal of attention to the Transit Pass difficulty during the

seeme to me that Mr. John Andrew's case, as it past few years, and who knows something of the

stands at present, is involved in a certalo workings of the system in the Yangtze Valley, It

of your valuable paper, I find the facts to amount of mystery which ought to be cleared no pro bono publico. Looking back over the be as follows:Mr. Andrew left Canton soon aflez New Year for Wachowia with a jank loaded with merchandise on which Transit Pans daty, la ccordance with Article XXVIII of the Treaty of 1843, had been paid, and for which a The members of the Polo Club have had their Canton Customs officials. On arrival at Transit Certificate had been issued by the annual meeting this week, is fasces sre In Wochow, his destination, he found the satisfactory state and atherwise the Clab con-native merchants quite ready to buy, and tinues prosperous and makes progress.

fair price. But before making delivery he soon arranged to sell all his goods at a

that they were forbidden by the Total to was informed by the Intending purchasers

Viceroy, and H.B.M. Consel at Canton, and la buy. Complaint was made to the Total, the the course of a few weeks the Prefect of Wachow Issued the now notorions proclamation acknow. ledging the right, under Treaty, of transportation by foreigners, but adding "After the goods have been transferred to the Chinese merchants then lekin taxes and Customs dues will be charged according to regulation.”. This clause in the Prefects decres completely nullified the plata intention of the Trexly so the malter wai again referred to Canton and to Peking. The Viceroy supported the Tastal, holding that the Tertise of the treaty had been fully complied with, Protests were made by the Chamber of Com merce in Hangkong to the British Minister and to the Imperial authorities in London, and we were informed that the matter would receivo the attention it undoubtedly merited. The next we hear of the matter is that Mr. Andrew reports the case setiled in his favour, and a few days later returns to Hongkong, all smiles, seemingly his return you informed your readers that as the well content with the part he has played. On

settlement, and from that day to this no farther detalls of the case had not been settled Mr. Andrew declined to throw may light on the Information has been venchanted.

Mr. F. H. May, one of the original members of the Club and a staunch supporter of all forms of sport, kas presented a can to be played for by the Members, and the following teams have been selected with the view of making the match as even as possible

(1.) P. de S. Burney, R.A., Capt.

W. R. Wingfield Digby, R.B., Lient. A. D. H. Grayson, R.A. Llegi L. E. Patton Bethune, R.B, Capt. (2) F. R. Loveband, A.D.C., Capt. C. H. H. Nogent, R.E. Lent. Mr. W. J. Gresson

P. H. Cralekshank, R.A., Liest. (3) Surg, Major Edyo.

E. D. Le P. Powar, R.B., Lient. Mr. J. Hastings:

C. S. Taylor, R.A, Liest (4.) The Hon. T. H. Whitehead. G. N. Salmon, RB, Lient,

5. E. Holland, RB. Lient. H. F. E. Lewin, R.A Lieut. (The first named to de Captain of sách team:) play on the 20th, and the Snal will be played II and IV. will play on the 17th, I and III will between the winners of the first two matches on the 24th toata at, on the Causeway Bay ground. The Bend of the Regiment will be in attendance, kindly consented to act as empire. The event and Mr. Alexander of the Rif: Brigade has

very equal - in a very open one, the respective teams belog

1

SPORTING NEWS. ---ས་ན་སད ་-སམད་ ་ FHINOMENAL ENTRIES FOR THE SHANGHAI SPRING MEETING.

SHANGHAI, April 6th. The entries for the Spring Meeting closed on Saturday, the 4th, with phenomenal results, the total amounting to Tis. 6,940 agalast Tis, 5,385 amount has never been exceeded, the totals of for the Spring Meeting of last year. The former

RULE VIL The license must not borrowed, lent, bought or sold, or carelessly parted with at the following zales, cis, $10 on every pled

RULE VIIL The mannacturer saust pay duty of camphor.

HULE IX. The manufacturer must on no. 6,350 in 1883, and Tis:6,155 la 1888 being account sell camphor on which the full duty has hitherto the records. The following is the not been paid (except under the cordidon complete list of entries for the three days' specified in the loth rule).

racing --

FIRST DAY,-May, 4th, 1-The Subscription Staker 2.The Criterion Stakes

RULE X-Should any agent or merchant already engaged in the business went camphor on which duty has not been paid, he is at

then be allowed to purchase it but the agent or the marchant (as the cass may be) will be called upon to pay the proper duties.

RULE XL-Should any person already sugaged in the camphor business be about to convey camphor elsewhere, the empher, whether it has paid duty or not, must be accompanied by a manifest for inspection en route,

RULE XIL-Should any person already engaged in the camphor business be about to convey to the coast for export, duty paid camphor, ko must first apply at the Camphor Office for a Tranali Pass, which mual accompany the cans- phor for inspection as route. Transit Passes wili be granted in accordance with the quasiliy ap- plied for.

RULE XIII-The merchant most when skip. zamieation office and apply for emcial inspec ping for export poist out the camphor to the den, and the Transit Pats will be cancelled to the extent of the weight,

The Chairman (continulag):-No questione being

asked, I would ask you to appoint a Consulting

Commiiios The ordinary work we can do ourselves, but in the case of a sale we * RULE XIV-Transit Passes shall be valid for should like to be supported by a Consulting Com-three months from the day of las mittea. We should not like to take the responsl- Milty of selling the property entirely on ourselves, engaged in the business are at liberty to have RUZE XV-Agents and merchants already and we are supposed to have

commercial dealings with each other; but with

Committee by the. Articles of ADIOS bl# sxception all other persons are forbid.i

|

Now, as far si I can see there can have been bat two soluilons to the difficulty: Either the Teotal thers Issued a proclamation acknowledg- would be levied on the goods in question or the ing to the native merchants that no forthex f merchants were instracted to buy Mr. Andrew's cargo and sell him whatever he wanted, in order to get rid of a troublesome customer. If the former solution was affected then the public should have been informed of It. af once by the proper Authorities. So many unsoc. cessing efforts have been made during the last few years to break down the opposition of the Kwangtung and Kwangsi provincial officials to this clause of the Treaty that my demand for make Keks is, I mubmit, quite reasonable in the resorted to, then serious and prorapt action premises. If, however, the second plan has been should be taken to make the Andrew's affair never-to-be-forgotten legson to peridions Celestial officials. every early detall of which was made public in With an unprecedentedly strong case in hand good alth and promptly, we find now, when absolute facts should be forthcoming, the most *24 20

profound allence! Has Chinese diplomacy once 13 131 o, how and why ? Has this case, which was agala nonplussed the well-hated "Babailan ?"

44 29 sbtained the amount of support given it by the 18 11 6 The Kings Plate........ 2015 It is to be hoped hot. I contand thatall concerned

public, been pigeon-haled for the sake of peace 7.The Hart Legacy Cap 8.-The Racing Stakt

NYA.

in this case should cause the facts to be published 38 9.-The Light Weight Stakes, in place of 147 ---

as soon as possible. If Mr. Andrew's case was the Roadsters' Plate

LORAI

settled in ■ proper mannus, to.-The Grand Stand Stakes............ 31 30 thanks of ill who are interested in trade with in strict accordance with Treaty Rights, then he is entitled to the SECOND Day, May 5th,

Caine, and the world, masover, is entitled to 1.-The Chukas Cap

sy at know all that is worth knowing about the settle. -The Shanghai Darby....... 33 42 ment of a case of paramount importance at this

The Ladies' Parse manan-GSERVIS

21 16 junctury. 4-The Race Club Capuana. 17 13' The Concordia Cop 35 37 The Mongolian Cup ....................................catio

20 19. The Spring Cap

30 24 The Shanghat Stake.................................u 140 99 The Total's Cap mummandzor IC.-The Scurry Stake.net 60 30 29 13 THIRD DAY,-May 6h.

THE CONCESSION QUESTION. On the pretext of helldays there axo not evan Concession. Bat it would seera as if it most ba any meetloge now to discuss the question of the settled shortly, one of the gentlemen replacing Mr. Chinda at Shanghai having been appointed Consul at Shail, and the other mads Japanese Conta! hera.

MISSIONARY NEWS.

ismilles, have arrived here after very successful Dr. Kuborn and Dr. Canright, with their voyages from Ichang, the Kilborns proceed. tog Friends Mission

Chengta almost immediately. The have opered "Their new Ing. Two of their Mission have left to-day for schoolroom with sinely boys, a goodly gather the prefecture to the east of Cheagte with a view to eventually opening a new station in that neighbourhood. The American Methodist Epis copal-Minion-have-bought a hill-alde with view to building a country house, or houses прод

It. It is the very one that some years back was sold to Mr. Little, but to which the English Consul persuaded him to relinquish his claim alter the men who sold it to him had been obliged to leave the country.

t

LOOKING TO THE MINISTER. -

moon? And when he does will be attempt to I Sir Claude MacDonald Ikely to arrive

ish people is a very humble one here-ike tight make England's influence ousa mere felt in the West of Chlos? Just now the position of Eng-

all of which in the nature of things" must be to run steamers given up, the opening of a Con. cession left for Japanese to insist upon, not even

done in a year or two-brother nailons, more's to use seam launches, or introduce machinery,

the pity IN.-C. Daily News.

COMMERCIAL NEWS,

HONGKONG SHARE MARKET.

Hongkong, April 11th, Mr. Erich Georg in his Warkly Shore List Issued at noon to-day status ;—

LANDS, HOTELS, AND BUILDIN—Hongkong offered at latter rate. A low Kowloon Laude sold at $171 and $18, some Hongkong Hotels at $25, with buyera now, al $26, -and Humphreys Estate at $91.

MISCELLANEOUS -A. S, Watsons are on offer at $13, and Green Islands at $16, Browny aro and close steady. Ropes found buyers at sigt wanted at $5 Blectrica sold at $7.10 and $7.15. to $100, and are in demand at litter rate. Geo. Fenwick & Co.'s shares gra quieter with sellers ; at $36. Hongkong Ices sold at $4 and Bros and are in demaid, Tomwara, fetched 205.

shares there is no change to report. Some Dairy Farm shares sold at $4 and $5. Bell's Asbestos are weak at $9, while to Coton

SHIPPING AND MAIL NEWS. --MAILS DUE:

French (Sydesy) 14th inst Indian (Arratoon Apcar)-14th inst. American (Balele), 18th lost, Australien (Taiyuan) ig'a lan, -Canadian (Empress of India) 20th Inst.

Tacoma (Victoria) gand fest. American (Fern) 26th lust,

THE N. G. I. steamer Latimbro left Bombay for this part on the oth inst., and may be expected here on or about the 28th.

Tнx Agents (Mestu Jardine, Matheson & Co.)"

port on the afternoon of the 9th inst. Inform us that the steamshin Glangyle, from New York and the Stra'ls, loft Slogapare for this

Tax Canadian Pacific Railway Co.'s steamship

day, and left for Nagasaki at 10 mm to-day, Empress of China. from Hongkong on th last, arrived at Shanghai at 15.30 p.m. yester where she is expeé'ed to arrive at 4 pane to-morrow..

SHIPPING RETURNS. From 5 pm. yesterday to & ́p.m. to-day's

ARRIVALS.

Harrow...teamer, frors Slogapore, Nanyang mu.............. Victorian

Randals

и

"

"

Chtokiang. Singapore.

Kutchinatru.

Swałow, Salgan.

Aggregating 7,119 tons register. sofas...teamer, for Saigon.

DEPARTURES.

Haimun................................... Sachsan.......

Easter holidays have, in a small mèssure, transactions have been pot through since at interfered with business, but a fair amount of

rather fincinating rates, and at the close the Taksang especially Panjoms, which, after the last boom, market is raiber quiet for a good many stocks, holders are desiring to sell in order to make. their profits. In my last circular I quoted the forme rate of the new Chinese Loan at 98; it | ought to have been 98f. The latest London quotation is až per cent. premiams (tor)

BANK SHARES-Hongkong and Shanghals bave ruled quiet with small sales at 191 and 190 per cent, prem,, which latter is the closing gaot ation; London telegrama quote sales at £41 151. od. Bank of China and Japan share without business. This Company reminds shareholders that a call of zo shillings per share fell due ca and Instant Nationals sold in small lets at $13, but sellers rule the market, and $31 may perhaps be accepted.

Shanghai.

SWAŁOW,

21

#

18

Терап

H

Hohenzollern PLANEN Lyam000 miss Stofff.............gunboat

Canton, Is Japan. Aggregating 70,35% tona register.

*

Cosmopolitan

Aberdeen

Dock

The German steamship Nanyang left Woo- to Steep taland. From Sites Island. sung on the 6th instant, and had fogwy weather bad ne clear weather

Ocken From Ockson to Hongkong had foggy weather and light winds, and heavy thunderstorm”, with rain and light MARINE INSURANCE SHARES—Union sold at $210 and $219, but are offering at latter rate,

variable winde ; arrived here on the roth, China Traders have been loquired for from the HONGKONG AND WHAMPOA DOCK RETURNE worth, resulting in fales at $791 and $ics at Tatles ta Kowloom Chinas are quiet at Tia 230. Yangtsses con- Rhostna latter rato a few shares are on the market, North

acosal etdinary general meeting on soth last. Esmeralda Hase to be in demand at 3169, but I have not Centurion (H.M.9.) heard of any sales. This Company will hold its Frgr transfer books belog, closed now till that date.

Nord The report has been lasued, from which I gather Otaru Maru the following particular: We:king Account for Anamor........ 1894 and former years shows a credit balance of Tacoma ............ a special dividend of 10 per cent. ($6 per Occmpo $184.360.4r, from which the sectors recommend Strathish share), absorbing $41,688, and carrying forward the balance of $143,673.41 to new account, Working Account, 18951 The net premia, icka reinsurances, etc, amount and the account sbows a belance credit on 31st December, 1895, of $194.832.44, which the directors recommend to be appr opriated in the following manner :-A divid end of so per cent. (36 per share), absorb lag $41,588, to place to Reserve Fund (Incrent

game to $400,000) the sum of $50,000, and 8353,148 44. Exchange and Investment Facts Food for Consumptives-Scott's Emuition of to carry forward in new account the balance of ation Account has been increased by $9.919.63 Pure Cod Liver Oil with Hypophosphite of and now stands at $71,219.93. The sterling Lime and Soda is a most wonderful food for the exchange has been taken at z. zid, per tal Consumptive. It not only gives strength and and the relative value between dollars and laels increases the flesh, but heals the Irritation of At 73. This is a bigbly satisfactory result, Canton Insurances are quiet at $200. Straits the throat and lungs. It is very palatable have changed hands in considerable numbers children take it like milk, and in all wasting at Say, 8171, 8171 and #28 per share, and are diseases both for adults and.children, it is a In demand now at $284.

marvellous food and medicine. Any Chemist ca

PÖRT DURS AT CALCEITA. Calcutta, March 12th.-A notläcation appears to $395,200.04, in the Calcatta Gavelis that, in consequence of Part of Calcutta being loroficient, a toll would at the estimated income of the Commissioners of the be levied from the 1st April on all goods landed rate of four gas per ton, in addition to or other or shloped within the limits of the part at the than those prescribed by any scale of talls, dues, rates, and charges now in force.

3.--The Griffiva' Piste.......................... 71 35 | profersedly to ho fought out as a fast care, and ; kongs sold at 8145 and $340 cash, also at $348 | Apize of China ---Watkins & Co, Hong.

FIRE INSURANCE SHARKs vra casier. Hong.pply Sois Agents for Hongkong and the → for 30th June, and are on offer. Chiaas, alter

kong-[Adot. further sales at 897, are obtainable at that rate.

.3.

6.

+

The Cathay Cup

The Jockey Cup

1.-The Great Northera Plate........... $6 2.The Shanghai Handicap na 65 48 3-The Shantung Stakes....................... 20 23 4-The Parl-Matzel Cap..............amma 38 44 The Yangtza Stakes momma 30 22 6.-The Mancha Stakes on '68 52 7.-The Consolation Cap........................ 47 23 10.-The Grand National Steeplechase. go

9.-The Nil Desperandum Cup

23 20

PIECE GOODS.

Yours faithfully,

We concus in every word that our correspondent

Hoogkong, Apdi 11th.

has written. We hava no doubt, although he will not admit it, that, Mr. John-Andrew was simply brought out and that there has been no settlement of the question raised by aim in the first instance. Orders, peremptory orders, were sent brum Peking to get rid of him at any price, and he has been got rid of In the hope of getting rid at the same time of the Transit Pas quiettos for the time. There ought to be farther inquiry and further action by the Chamber of Commerce and by the China Association-Ed., H.8.T}

SHIPPING SHARES.--A fair business has been done in Hongkong, Canton, and Macao Steam. boat shares at sales ranging between $331 and

changed hands at 870 cash, and corresponding $34 for cash, and corresponding rates on time the market closing steady at $33). Indo-China time rates, and continue in demand. Douglases sold at $519 and $51, and at latter este shares could be placed. Chias and Maniles fetched $56, at walch rate they are steady. Nothing has been done in China Mutuals.

REFINERIES very quiet, and without any business to report.

Masonic,

FERSEVERANCE

LODGE OF

HONGKONG, No. zróg. ALONGE will be held in the FREEMASON

REGULAR MEETING of the above BAZZ, Zetland Street, on THURSDAY, the 16th Brethren are cordially invited to attend. instant, at 8.30 for 9 p.m. precisely, Viking

Hongkong, roth April, 1896.

To be Let.... ́

TO LET.

1649

in RIPON TERRACE, No. 17, LYNDHURST TERRACE, #TUSCULUM,” MAGAZINE GAP... ·

No. 4 KNUTSFORD · TERRACE—

KOWLOON. FIRST FLOOR

BUILDINGS.

No, 4 BLUE

giving the result of the mining operations for MINING STOCKS-A telegram from Purjom March, vis, 1,000 tons of ore, yielding $35 ounces of gold, and 23 tons of concentrates calcined, yielding 120 ounces of gold, totalling by onces of gold, caused a general inquiry for the stock, and ordinary shares sold at 811 to $14 cash, also DWELLING HOUSES - 43 3143 for 31st May, and preference shares si 83) to $3.10 per share. A weaker tealing has set in, however, owing to the anxiety of recent purchasers to clear their profits, and sates dropped gradually, until ger) and gız has been accepted to-day. A stranger feeling may how- Svar, set in at any moment and shosid the credentials shall from time to time be sent to RULE XVL-Officials furnished with preper

cyanide process proves #Eccess we may experience quite a big boom is this stock, inspect the places of business, godowns and all Saturday, was being frotted round the Course A golf, whose 'untries were all pali os

Lettes advices from the mina report the quality bein fred at $73).. Balmorals are a Hula sssler of the one se other buildings, together with the account books yesterday morning when, extching sight of his

Improving Charbonnages, have and all implements used.

stables at the Horse Bazaar, he fucked, threw

with sellers at $3. Jelebur sold at $3, 37, 38, the jockey who was 1lding kits, and jumped the mission have airfred here; Dr. Debianas, of the $38. Ranks have been in strong demand, and Six members of the Lyons Commercial Cousand $4, but at the close there are no bayers over ditch. In deing this he broke his back and had Navy ; M. Antoine, of Lyons, interested in silk large quantity of shares changed hands at rates to be shot; but though only measuring 12 hands No Gapejoan, of Marzelles, un Rianit, of megag between 35are and $6 per share. I hest OUR FURNISHED BEDROOMS 1

las, he made what is believed to be the Roanne ; Mr Vial, of Lille; and M. Branles, the it rumoured that in Singapore the rate onco went record Jump for a Chins pony-23 feet 4. Secretary of the Commission, one of the native up to $61, but deepped again on the circulation inches by actual measurement.

On the Racecourse on Saturday morning, ging has fully rebuilt beers of directors advocatias, large increase in stampe Skangha....... They actually amongst of a from the Dallas sent out a handsome black pony for * of them contemplate a residance here of many would cause an outlay of some £40,000, and for according to previous announcement, Mr. Georgs business described in 'e previesta latter, and sense and the installation of electric power, "which

We have thought over the matter and to buy, sail, land or pawn camphor, and it must I think the Consulting Committee should be not be carelessly disposed of Camphor already composed of gentiamen knowing something hypothecated for advances shall on expiry of the about it and the disto, and the CRM section of that be excluded from the the names of Mr. G. B. Stevens, Mr. Esens apertion and Dr. Noble to be appointed sa the Consulting Commitae.

Captala Tillett :-I will be very pleased to second that suggestion.

Mr. Inchbald should like to propose As an amendment with power to add to their number

The Chairman stated; after consultation with Mr. Ewent, that that would be scarcely fair to the shareholders, and suggested as an alterna- tive that on the request of two or three share- holders a meeting be called to add to the Con- sulding Committee.

The Chairman added :--What we want is some one to consult with on behalf of the shareholders

on questions out of the general run of business,

The ordinary run of business of course we are

RUZEXVII Persoos legally engaging in the camphor business without a license shall be able to fines varying from $20 to $200; the camphor la stock shall also be forfeited and the price of the camphor sold shall be exacted.

RULE XVIII-Breaches of the 3rd, 5th, 6th, 1th and 12th regulations shall be severely visited by fines varying from $1 to $5.

UWANGHAI GRIFFINE.

CHUNGKING NOTES.

(FROM OUR OWN CORRESPONDENY.)

Chungking, March 18th.

Apply to

THE HONGKONG LAND INVESTMENT.

& AGENCY Co., LL Wamekong, Toth April, 1996.

TO LET.

WITH IMMEDIATE POSSESSION. -

KOWLOON HOTEL.

Apply to

BUT NEW VICTORIA HOTEL. — Hongkong, and March, 1896.

(49%

-TO LET.

ARGE GODOWN on

· KOWLOON ·

HULE XIX-Breaches of the yth rule shall be wilted by fines of from $2 to $30.

Ruza XX. The sale of camphor on which attracted a good deal of netice, and after cover- king by way of Ymakan-fu kas taken about three | required, che stock clases Eros with beyers at the fall duty has not been paid fn besach of the Ing the distance in 3mins specs, the last huile moteman korbacks for the most part, as 3515 Oliver's Freehold shares sold at #13 for GENERAL CARGO of COAS quite capable of dealing with, I mentioned these gen rule, and the unauthorised purchase or sals malla, being done in smin's Mon, and the last far na Kuslying thunderby! makin! They.de names because these gentlemen are all vary. at lowding for export of camphor en which duty, quarter in quincy the pony, was bewicki ei set dwell mack stor their kaqiahiyo, except large shareholder and kượn all-nbyut the | in mopath in britch of the fish rule, no nice" of I kwasów by Mr) King fet, The 107jan Momhus, the

| trial gallop of a mile and a half. The incident monika: Their journey, overland":from. Tong- 3 which calls on the akireholders would be YORK PRAYA quitable for the storage

Al and Bal for * B2 sharma..

DOCKERARYTE AND GODOWNS--Heng.

kong and Wkampen Dosks sobi in fata qua

Apply to intende

SAMALINSTEAD & DAVIS,A

Honghein, 48 April, 1996;