1902-05-17 — Page 4

THE HONGKONG TELEGRAPH, SATURDAY, MAY 17, 1902

Mails. U.S. MAIL LINES.

PACIFIC MAIL S.S. CO., OCCIDENTAL & ORIENTAL S.S. CO.,

TOYO KISEN KAISHA.

TAKING CARGO AND PASSENGERS TO JAPAN, THE UNITED STATES, MEXICO, CENTRAL AND SOUTH AMERICA AND EUROPE;

PROPOSED SAILINGS FROM HONGKONG.

"HONGKONG MARU".

"CHINA"

“DORIO”.

"NIPPON MARU"

"PERU "

**COPTIC "

TH

......FRIDAY, 23rd May, at Noon.

SATURDAY, 31st May, at Noon. ...SATURDAY, 7th June, at Noon. .TUESDAY, 17th June, at Noon. TUESDAY, 24th June, at Noon. THURSDAY, 3rd July, at Noan.

HET. K. K. Company's Steamship "HONGKONG MARU," will be despatched for SAN FRANCISCO, vin AMOY, SHANGHAI, NAGASAKI, KODE, INLAND SEA, YOKO- HAMA and HONOLULU, on FRIDAY, the 23rd instant, at Noon, taking Freight for Japan, tho United States, and Europe. Passengers are allowed to break their journey at any point

an route.

Intimations. ANOTTO E

THE OFFICES of THE HONGKONG THE

TELEGRAPH CO. LIMITED, have now been REMOVED to No. 35, QUEEN'S

·ROAD CENTRAL.

Hongkong, 28th April, 1902.

"HE CHINA & JAPAN TELEPHONE THE

AND ELECTRIC COMPANY, LIMITED,

ARING SONG, HACHANGE,

SUBSCRIPTIONS.

OHARTERED BANK OF INDIA

AND CHINA.

The forty-eighth ordinary general meeting of the shareholders of the above bank was held at the Cannon-street Hotel on 16th ulto, Mr. JHoward Gwyther presiding. The Chairman' said-

centuated in a most marked degree by vent of two powerful American insti Without these new rivals the competitio exchange business has reduced profits to an unsatisfactory minimum, when cost of catablish meats and risks are taken into account. Now: we must look forward to a further cutting down of margins, as the

volume of trade does not require so much. monetary accommodation For example,

HONGKONG, WITH NO CONSIDER

ABLE BUSINESS...

Before moving the adoption of the report, I desire to offer a few remarks upon the course of events in the East since we last met. In India trade has been active despite a short rainfall and plague, Bombay has profited by a beyond that of an important distributing centre, large entton crop, the mills there have some will have almost as many banks as merchants. what improved their position, and Burmah has Other nations have come to the conclusion, I yielded rice in abundance. The Government think, erroneously, that if they establish their has set on foot an inquiry as to the feasibility own banks. their trade will increase. I may of establishing agricultural banks so as to say without fear of contradiction that in the enable the villagers to free themselves from the

past the English banks have always played a hands of the local money-lenders. A move cosmopolitan role. They have invariably pro ment of this character is much to be desiderated,vided for the wants of all traders without regard. PRIVATE LINES, $100 Per Annum, but progress must necessarily be slow in the to nationality, and shown no partiality for any absence of sufficient European supervision. race.

1 beg to move: "That the repart now China has shown

presented with the balance-sheet and profit and loss, acceant, be approved and adopted (Applause.)

EXCHANGE, LINES, $60 Per Annum.

NO CHARGE FOR INSTALLATION.

GREAT RECUPERATIVE POWERS, and trade is active at the treaty ports, but we are confronted as regards the future by a per- N.B.-A special charge is made for lines of Without figures other than those representing plexing problem touching the balance of trade.

more than average length.

ELECTRIC SUPPLIES OF EVERY DES- CRIPTION IN STOCK.

INCLUDING

Through Passage Ticksis granted to England, France and Germany by all trans-Atlantic BATTERIES,

lines of Steamers, and to the principal cities of the United States or Canada.

--Passengers, holding through ORDERS TO EUROPE have the choice of the Overland Rail Routes from San Francisco, including the SOUTHERN PACIFIC, CENTRAL PACIFIC, UNION PACIFIC, DENVER and RIO GRANDE, and NORTHERN PACIFIC RAIL- WAY; also the CANADIAN PACIFIC RAILWAY on payment of £4 in addition to the regular tarif rate.

Passengers holding Orders for OVERLAND CITIES in the United States have between SAN FRANCISCO and CHICAGO, the option of the SOUTHERN PACIFIC, CENTRAL PACIFIC, UNION PACIFIC, DENVER and RIO GRANDE, and other direct connecting Railways, and frio Chicago to destination the choice of direct lines.

CHEMICALS,

NSULATORS,

sea-borne good it is difficult to arrive at exacti- tude, but hasing the calculation upon the official figures as telegraphed from Shanghai, I think it is safe to assume that for the past year the adverse balance, exclusive of bullion, was a least £10,000,000, to which must be added £3,000,000 required for the service of the external loans. This latter burden is now increased to £5,600,000, so that if the trade in- debtedness remains unchanged at the end of

E LECTRIC BELLS, 1902 the country will need to find nearly

L16,000,000 for its foreign creditors. If this large sum is required, there will be impoverish-

Mr. Emil Levita seconded the motion, which was unanimously agreed to.

The Chairman next proposed: "That a dividend at the rate of 10 per cent. per annum free of income tax, for the half-year ended December 31st last, be now declared, payable on and after the 23rd inst.

Mr. William Christian seconded the motion, which was agreed to.

Dritish

out their goat grateful for it.

bandsg)

the German

-were

At the call of

der Dampler cheers. were given for Captain and Mrs. Bayly, and at the tion of

suga

cheers

were also who comm

for Admiral Sir E. H.Seymour, led the expeditionary force that

ieve Peking

THE PASSING OF THE SAIL

lithographs of trinsatlanticnamships made only a few years back, represent them ploughing the ocean with all their masts crowd- fit wind when the lith Yapher saw them, and ed with yards and sails. There was always a the sails were invariablò full of it a

These days the ocean passenger who expects the ship to make good for the picture is likely to be disappointed, for sulls on the crack flyers are becoming almost as obsolete as the dado. They go along for the most part under very little bigger than broomsticks, and they bare poles. Their masts, comparatively, are only exist to hoist flags on, and because no innovator has dared to introduce the mastless ship

The twin screw steamers, in case of a break down of a single shaft, propeller, or engine, have the other to rely on, and it is eney to see, why they should be in a position to scoff at the winds. But the old-fashioned single-screw ships.

The Chairman moved the re-election of have bad masts taken out of them, and have Mr. Emile Levitá as a director.

sent these and nearly all their yards to the steel shops to be made into something more useful. The reason for all this is the same reason that controls so much of man's movements these daya-sails and masts don't Line, which owns one of the biggest transatlan

pay. The Allan

tic fleets, not so long ago sent a Licular letter to its captains asking them what they thought of the plan to abolish sail power altogether, The reply was almost unanimous. The cap- tains thought it a first-class idea.

Sir Henry S. Cunningham, K.C.I.E, seconded the motion, which was put and carried.

The Chairman proposed the re-election of Mr. William Christian to a seat on the board.

Sir Alfred Dent, K.C.M.G., seconded the

On the motion of Mr. James Jones, the auditors, Mr. M. N. Girdlestone and Mr. M. Mowat, were re-appointed.

LIGHTNING CONDUCTORS, ment consequent upon the export of precious resolution, which was agreed to.

Special rates (Firal-class unly) to European Points, are gramed to Missionaries, Members of the Naval, Military, Diplomatic and Consular Services, and European Civil Service OfficialsELEPHONES, located in Asia, and to European Officials in the Service of the Governments of China and Japan.

TO UNITED STATES and CANADIAN POINTS, Special rates (first class only) are confined and will apply only to Missionaries, Members of the Naval and Military Services, and to Consular and Diplomatic Officials of the Governments of China and Japan.

Return Passage.-Reduction will be, made in passengers who do not hold return tickets, making the return journey between ports in the Orient and Honolulu or beyond, within twelve months.

Through Bills of Lading issued for transportation to Yokohama and other Japan Ports, to San Franscisco, to Atlantic and tulund Cities of the United States, via Overland Railway, to Havana, Trinidad, and Demera, and to ports in Mexico, Central and South America, by the Companies' and connecting Steamers,

Freight will be received onlosed until 4 PM, the day previous to sailing, Parcel Packages will be received at the Office uaril 5 r.M. ame day; all Parcel Packages should be marked to

ddreis in full; value of same is required.

Consular invoices to accompany each shipment of Cargo or parcel (valued at Sina. Gold Or over) destined to Points, baybh! San Francisco, in the United States, should be sent to the Companies' Office addressed to the Collectus of Customs at San Francisco,

Merchant's Invoice will be sufficient for cirge or parcel (euch shipment) when the value Is less than $100. U.S. Gold.

For further Information as to Passage und Freight, apply to the Agracy of the Com panies, Queen's Building.

1902

Hongkong, 17th May, 1907,

J.S. VAN BUREN,

44 Agent.

[x

CANADIAN PACIFIC RAILWAY COY.'S ROYAL MAIL STEAMSHIP LINE.

SAFETY.

SPEED,

PUNCTUALITY,

THE FAST ROUTE BETWEEN CHINA, JAPAN AND EUROPE, VIA CANADA AND THE UNITED STATES.

1902

(CALLING AT SHANGHAI, NAGASAKI, KOBE, YOKOHAMA & VICTORIA, B.C.) Twin Screw Steamships-6,000 Tons-10,000 Horse Power-Speed 19 Knots. PROPOSED SAILINGS FROM HONGKONG. RMS. ATHENIAN.Comdr. H. Mowatt..............WEDNESDAY, 21st May, EMPRESS OF CHINA...Ċomdr. R. Archibald, R.N.R.WEDNESDAY, 4th June. TARTAR

..Comdr. E. Beetham, R.N.R...WEDNESDAY, 1st June. EMPRESS OF INDIA...Comdr. O. P. Marshall, R.N.R. WEDNESDAY, 25th June. EMPRESS OF JAPAN...Comdr. H. Pybus, R.N.R.......WEDNESDAY, 16th July. *HE_magnificent Twin-screw Steamships of this Line pass through the famous INLAND THE

SEA OF JAPAN, and usually make the voyage YOKOHAMA TO VANCOUVER (B.C.) in 12 DAYS, saving THREE DAYS to a WEEK in the Trans-Pacific journey, and make connection at Vancouver with the PALATIAL OVERLAND TRAINS of the CANADIAN PACIFIC RAILWAY which leave daily, and cross the Continent FROM THE FACIFIC TO THE ATLANTIC WITHOUT CHANGE. Close connection is made at Montmal, Quebec, Halifax, New York and Boston with all Trans-Atlantic Lines, which passengers to Great Britain and the Continent are given choice of.

*

Fassengers Booked through to all principal points and AROUND THE WORLD. Return tickets to various points at reduced rates, Good for 4, 6, 9 and 12 months.

SPECIAL RATES (First class only) granied to Missionaries, Members of the Naval, Military, Diplomatic and Civil Services, and to European Officials in the Service of China and Japan Governments,

SWITCHES

7IRE, W., C.,

WIRE,

PRICE LISTS ON APPLICATION.

ELECTRIC BELL INSTALLATIONS,

Erected and kept in order.

metals to redress the balance, Then, if silver. form a portion of such export exchange will be further depressed, and thus the burden of the debt will be made still more onerous. There appears to me to be an

'EXTRAORDINARY HALLUCINATION existing concerning the power of the country to absorb foreign manufactures and become the duriping ground for Europe and America. Under favourable conditions the Chinaman would only increase his purchases slowly; and in the present circumstances we can scarcely expect the volume of imports to greatly expand. A tariff commission is sitting at Shanghai endeavouring to rearrange the customs so as to produce a revenue sufficient to provide for the service of the foreign debt, and at the same time do away with the likin 1, the exactions imposed upon foreign goods at various points Trained Mechanicians sent to Out Ports to fit in the interior. In the present corrupt

up Installations if required.

Estimatas given for all kinds of Electrical

work.

·

NOTE ADDRESS-2, ICE HOUSE ROAD.

For full Particulars, &c,, &c,“

Apply to

S. J. GODWIN,

Acting Manager. Hongkong, 29th Jamiary, sqoz.

DROZ

&

Co.,

WATCH MANUFACTURARS

STEAM FACTORY ESTABLISHED 1254. ST. IMER, SWITZERLAND.

SPECIALITIES:

state of the governing bodies in China, I fail to see how reliance can be placed upon any promise to abolish the internal taxation, The increased revenue will probably go to Peking, and the various provinces will bave to subsist op "squeezes "as before. How different the position would be now if the European Powers had prevented, as suggested by Lord Rosebery, the Japanese from forcing wat upon China Formosa and £41,000,000 would have been saved, and the navy preserved. The Western nations would not have demanded

territory,

THE BOXER TROUBLES would probably not have arisen, and the so- called indemnity would not have been required

An extraordinary general meeting was then held to make certain alterations in the articles of association.

The Chairman said: Before 1 go into detail 1 would refer to two points of importance. may say that, so far as regards two of the clauses, we are simply rearranging them, 80 48 to make them more coherent and logical. One of the two points we wish to amend is that which concerns the question of the election of directors. Under the old clause & shareholder had to be such for six months before he could be elected as director, and we simply ask you to authorise that we can elect a directer if he is the holder at the time of his election of 100 shares. I think you will agree that the old clause is an anachronism, and that this is a very reasonable change. The second point is also of importance. Until now we could not declare an interim dividend without calling the shareholders together, although we only present accounts annually. Experience, however, The Chairman then proposed the formal re teaches that a yearly.meeting is quite sufficient, solutions to carry out these changes,

Mr. H. N. Gladstone seconded the motions which were agreed to..

the best thanks of the shareholders be given Mr. James Jones: I beg to move: That to the directors and the sinfi for their successful management of the bank." I am qite sure you deserved, and the directors and staff have will agree with me that these thanks are well

FOR SALE! Only one or two old mariners, with seaweed. sails, and talked about "fying in the face of and barnacles growing to them, held out for Providence, and asked what a seafaring life. the things out from a standpoint of gounde, was coming to. The younger men, who figured. shillings, and pence, prevailed, and there was a great overhauling of Allan steamer, and for m long time the second-hand mast and yard stores were full of material, and there, were aquare miles of shipworn canvas for sale (or for sail),

pay to carry the extra sailets who were

The practical captains all said that it didn't to hoist sail and slew round the heavy yards, The steamships built nowadays are so heavy add deep that all the sail that can be put upon. them will make very little difference in their speed. RA

The weight of great steel masts and yards diminished the freight-carrying capacity of the steamers, and this was an item Canvas also is a very expensive article and needs constant work upon it with the needle. Altogether, the abolition of it has been profitable to the companies,

LEVER WATCH & CHRONOGRAPHS. Japan has greatly improved her financial tlfilled their duties admirably. (Applause) like rapidity. then, when there is smush

TRADE MARKS:

MAXIM, BERNA, &c. EPAIRS of WATCHES and CLOCKS

by competent European experts a

REP

Moderate Rate.

No. 10, Query'S ROAD CENTRAL. Hongkong, itu Shay, tons

Tear

CHEONG SHING. No. 39. Queen's Road Central, (Opposite to Messrs GAUPP & Co.) DEALERS IN Jewellery and Silks, Pearls and Jadestons Ware, Ivory Ware and Caries, Ohinese

Goods of all kinds.

And also General Exporters. An inspection is respectfully solicited. Good quality and good workmanship guaranteed..

Prices lower than other shops in the same

line of business.

[sord

TAI LOONG. 2 and 3, Lyndhurst. Terrace,

Delaine, Ladies' and Children's Shoes' Hongkong, 1st May, 1902,

position, the balance of trade has moved in her favour, the drain of gold for armaments has ceased, and the fear of an inconvertible note currency has been removed. I cannot join in the peans sung in honour of the Anglo Japanese Trealy, which has been naturally followed by the counterblast of Russia and France. I do not think that any other nation wishes to attack Japan, and, therefore, so long as she is content to be on the defensive, no harm will ensue

But I fear that the Alliance will encourage an aggressive spirit, and we may thereby be embroiled in disputes in which we will have no direct interest. One consola- tion is that the people of this country will never tolerate a war with European Powers unless we

ourselves are directly and materially concerned. We are disappointed at the slow pacification of the Philippines and consequent retardment in the revival of trade. Since the advent of the Americans, the volume of business has greatly

The number of accidents to the machinery" seallery small Most of the sensational of the low going single-screw steamships is shaft and propeller collapses happen aboard the double-screw racers that are borning up coal in an effort to rush their malls and passengers from land to land with fightning Mr. Henjamin Smyth seconded the motion, up, the steamer can always reach one side which was very cordially received of the other of the Atlantic under the remain. the staff and myself, I beg to thank you.. I am

The Chairman: On behalf of the directors, ing screw, giving the marine reporters a glad to be able to give such a good report, and picturesque expression that she limped into chance to roll on their tongues their favourite I am sure yon will all be well pleased to know that we have not forgotten the staff in our prosperity. (Applause.)

The proceedings then terminated,

PRESENTATION OF CHINA MEDALS

TO " AURORA MEN. Medals for the operations in China were Presented on 15th ult to the officers and crew of the Aurora, cruiser, Captain E, H. Bayly C.B., which recently returned from the China port. The presentations were made on board Station, and was paid off on 17th alt at Devon the abip by Mrs. Bayly in the presence of Rear

The attractive features of the Company's route embrace its PALATIAL STEAMSHIPS. OR Fancy Muslins and Piques, Flowered shrunken as a result of the insurrection. It is Admiral Sir E. Chichester and a number of

(second to none in the World), the LUXURIANCE OF ITS TRANS-CONTINENTAL New Chiffon Hats. TRAINS (the Company having received the highest award for same at recent Chicago World's Exhibition), and the diversity of MAGNIFICENT MOUNTAIN AND LAKE SCENERY through which the Railway passes,

THE DINING CARS and MOUNTAIN HOTELS of this route are owned and operated by the Company, and their appointments and Cuisine are unexcelled.

For further information, Maps, Guide Books; Rates of Passage, &c., apply to Hongkong, 14th May, 1902.

D. E. BROWN, General Agent, Pedder's Street.

[2

HAMBURG-AMERIKA LINIE. NORDDEUTSCHER LLOYD. OSTASIATISCHER FRACHTDAMPFER DIENST,

(Taking Cargo at through Rates to ANTWERP, Amsterdam, Rotterdam, Copenhagen, 1.18BON, OPORTO, LONDON, LIVERPOOL, GLASCOW, TRIESTE, GENOA, PORTS IN THE LEVANTE; BLACK SEA and BALTIC PORTS: NORTH and SOUTH AMERICAN PORTS).

PROPOSED

STEAMERS. SAXONIA

URG

SAILINGS FROM SUBJECT TO ALTERATION.

· DESTINATIONS,

HAVRE and HAMBURG. (Calling at SINGAPORE and PENANG), HAVRE and HAMBURG. (Calling at SINGAPORE and COLOMED), HAVRE and HAMBURG. (Calling SINGAPORE and PENANG). HAVKE, nod. HAMBURG. (Calling SINGAPORE and COLOMBO), HAVRE, and HAMBURG. (Calling at SINGAPORE and PENANG). HAVRE and HAMBURG, (Calling At SINGAPORE and COLOMBO), hes Particulars, apply to

Hongkong, 1st May

HONGKONG,

SAILING DATES. 21st May,

Freight,

4th June.

Freight.

78th June. Freight.

1st July,

Freight,

15th July. Freight,

30th July. Freight,

HAMBUKG-AMERIKA LINIE, HONGKONG OFFICE,

No. 1, Queen's Buildings,

MEE

CHEUNG.

15023

PHOTOGRAPHER, Tor FLOOR OF ICE HOUSE, IN Les-House Rond TS now in a position, in his New and Com- modious Premiees, to eclipse, as heretofore, ALL PHOTOGRAPHIC ART PRACTICED In the Colony or in any part of the Far East.

GROUPS AND VIEWS a speciality. Hongkong, 22nd September, 1897.

DENTISTRY.

SUI SANG, (Lately Practising with 'Dr. I. SAKATA), DENTIST,

No, 4, Queen's Road Central Hongkong, 3rd January. Toot

HONG SING,

8, Beaconsfield Arcade.

(45

126

ENTIRELY NEW STOCK of the Newest

Fatters in Cloths, Canvasses, and Ducks. Complete Gentlemen's Outfitting

Hongkong, toth August, 1901,

f06ac.

SANG MOW.

DEALER IN

Battan Furniture, Bamboo Blinds and Masting of All Ombors,

No. 45, Queen's. Road, Central,"

Price Lists On Application,

Order Executed Promptly,

Topgkong, 12th May, 1901.

GIRAULT for TABLE DELICACIES:

by every Mall

mean

port. If the marine reporter could not do this once in a sulle life would be to bim a dreary blanke

yards

WAS HELPLESS STEAMERS.

This stripping of the modern steamer and canyas explains why a vessel likethe Conar der, Etruria, when her engines.coll

so entirely helpless fe dent upon a fellow liner to temporarily do duty as a tug.

propellers. They carried large, yards and big Twenty years ago sailors distrusted their outfits of canvas ready to go into action at any

Liverpo

can't now, Sailors

Cunarders could have sailed from to New

York at a pl

they

ago, "when" the

days, not so very long

Cuptain

2,000 miles joto por

not had ship, and

Crow

generatio

man hoisted.

No, that around;

to the steamers

hovered

to tow biosinto

CAD

Pretty # thing picturesque.

very evident that in the United States, politics officers of the ships in barbour. Captain Bayly broke down, and

ill play a prominent part in the handling of thanked the ship's company in the name of his their new possession. A considerable portion wife for having invited her to present the New York In about thirty day Ho of the Republican parts and the Democrats medals, and said there were two or three are opposed to their retention, and the Govern- things which, the ship's company could ment, whilst admitting that evacuation would itself on, although little had been said or pride.

written about them. It was so er bo of that the advance guard in Admital Seymours ship's company who formed part of force. They got miles nearer Peking than anys atlic body else under Lieutenant A. G. Smith, and thay, had to fight their way back through thou sands of Boxers to rejoin the main body. They were also present at the taking of Taku, and those who remained with him at Tientsia form ed part of the British farce of 350, of whom,59 were killed of wounded in the first week's fight ing. That would compare with any loss in her

plück any part of the world in the last two years. Itier of her lasted seven days altogether, but there were only five days of actual fighting. He told the

is only half-hearted, and wishes that Admiral A RELAPSE INTO BARBARISM, Dewey had steamed out of Manila Harbour after the destruction of the Spanish Fleet. In the absence of a nationsi determination to retain and exploit the islands, wo feel as regards our branches there that whilst there is so much uncertainty we must be very circumspect. and endeavour to keep our funds as liquid as possible. Some years ago when the price of sugar fell heavily, Java had to face a severo crisis. Thanks to economy and em ployment of up-to-date maschinery, the plan- ters were able to bring the cost of pruduction

down to such a point as would admit of small

Admiral and also the General at Hongkong

profits upon the lower level.. Unfortunately, that small as the Britlab force was it was turned there has been a further depression,, and I fear out for every nation, to support them where the the present price will mean, in most cases, fight was thickest and hottest.

Bey were

that the incoming will not meet the outgoings the one force that supported everybody, and It would by most deplorable if such a fertile asked for help from none island retrograded in conaepuence of the belt bounty policy of the Continent of Europe On previous occasions, I have called pointed attention to the ever-expanding banking faci lities in the Far East. This is the near future will

GIRAULT:for Best FRENCH-BREAD,

-tyt and in Leaf,

very proud to have commanded men. They must not forget much appreciated in C China, Hongkong they had to resp rounds of cheering from all

GIRADI

記

a cro before the

the caus