1902-12-15 — Page 5

TELEGRAMS.

(Reuters)

The Venezuelan Affair,

LONDON, December" -1ath. - The remainder of the British and German prisoners at Caracas have been released.

General Ferters with his force of 1,100 Venezuelans and eighteen gung has arrived at La Guaira,

Landing parties from the British and Ger- man warships re-embarked after effecting the rescue of their respective nationals at La Guaira, and up to the present there has been no collision with the Venezuelan troops.

With the exception of H.M.S. Indefati gable, the British warships have left La "Guaira, it is believed to search for the rest

of the Venezuelan flect.

•

LATER,

The Venezuelan Difflculty. The sinking of the Venezuelan warships, which is up to the present unexplained, is being adversely criticized in the United States, and is irritating opinion there.

General Castro is enforcing the levy on all males between the ages of fifteen and fifty years.

THE HONGKONG TELEGRAPH, MONDAY, DECEMBER 15, 1902.

ed from the fact that the man she was running to earth proved to be Sites himself, who had assumed the named of Wright. It was not a difficult part, but all her movements were characteristic of the skill with which she is possessed. Mr. Dow-Carrier added further] enjoyment to the play, nor niust the names of Mr. Wilson Forbes, Miss Amy Stanley, Miss Mildred Yorke and Mr. Gerald Harcourt be omitted from the list of those who contributed

NAVAL NOTES,

The U.S. gunboats Helena, Vicksburg and Yorktown left for Manila yesterday...

The Portuguese gunboat Die arrived from Macao yesterday,

The U.S. FLgship Kentucky left for Manila this afternoon.

BANKING AND CHEAP SILVER.

There was a traveller in Kwangsi a short time ago who left Kweilin, the provincial capital, with three bills of exchange. One of them authorized the bearer to receive at a

certain banking firm in Changsha 150 tals. Another contained authority to receive 150 taels from a certain banking firm in Hankow, A third bore on its face the value 600 tels and

TIENTSIN DAY BY DAY. (From Our Own Correspondent.)

OPIUM QUOTATIONS:

བ་

Rongkong, 15th December.

To-day's quotations are us kllow

MjLwa New PATNA NEW

OLD

TIENTSIN, 1st December, 1901

THE ST. ANDREW'S BALL.

eclat, but our. Scottish hosts were if anything St. Andrew's Ball passed off here with great

100 generous, They extended their hospitality to the great majority of foreigners, and though this spirit in a very nice and praiseworthy one, PrxSIAN (PAPER)............

to the success of the performance. The Wrong THE CHINESE ENGINEERING AND it would be cashed at Shanghai by a firm is very noticeable that, while our-continental-

Mr. Wright is beyond doubt one of the most laughable comedies that will be seen in Hoogkong this season, and the excellent desiting bright and hea'tby amusement. presentation should not be missed by those.

CRICKET.

H.K. G.C. (Civilian XI.) v. HL.M.S. "TAMAR,' This match was played on Saturday last,

and won by the Club on the first innings by 17 runs. Scores are as follows:-

1.MS.

First Innings. Lt. Stansbury, R.N, b

Dixon ..

TAMAR."

Second innings. absent.

Crambe, a Lowe, b

Lammert............19 e Ward, b Turner...27 Rev. E. H. Good, b

+

Dixon ✪

b Lemarchand...... 1 c` Lemarchand, b Lammertukar

Archbishop Castro has invited the revolu-Mr. Donkin, R.N., b tionists to unite against the common foe.

The French Mediterranean Fleet. The French Chamber has restored the

war credits for the Mediterranean fleet.

The Currency Conversion in Siam,

Dixon ........

Lt. Hamond, R.N., C

Atkinson, Dixon 7 not out NA GA. Conke,

S

R.N, c Lammeṛi, Dixon'..............19 © Dixon 6 Tufoo... O

The Siamese Government has definitely..ampen, R.M.L.1., refused to consider the claims-of-the-foreign- _s_Lamurchand,_b_

banks for compensation in connection with

the reform of the currency.

The Venezuelan Difficulty.

December 13th.

•

The Ventzuelan Government has asked Mr. Bowen, United States Minister at Cara. cas, to propose to Great Britain and Ger- many that the questions at issue be submit. ted to arbitration. It is unlikely that the al- lies will agree to this at the present juncture.

-The-Siamese-Currency Question

The foreign banks at Bangkok have set- tled with the Siamese Government an ap proved scheme for putting ticals on a gold basis. There is general satisfaction at this tern of events, and it is expected that business will be resumed at once.

The Anglo-Japanese Alliance.

Diaan.....

Surgeon Partnell,

0

b Turner...

D

* N., c Lemar. chand, c Dixon ... o

L. Butt, R.M.L. C Heron, b Lam-

meri........ Mr. C. A, Parker,

1.N., Tun out

+

.MINING COMPANY, LIMITED,

MEMORANDUM RELATING TO REORGANI-

ZATION.

{From Our Own; Correspondent.)

TIENTSIN, December ist.

In consequence of the disturbances of last summer and the state of hostilities thereby the Chinese Engineering and Mining Cam- created, serious danger arose for the status of

pany.

c.

OLD DENARES NEW...

Per chest. @$1,000/1,030

-11,060/1,090

990

990

@985 @700/770

To-day's Advertisements.

ROYAL.

located there. Before the traveller left the province of Kwangsi, on his reaching Chuen-

neighbours frequently accept British hospitality,, chow at a distance of a day's journey, the bills they in no way contribute to the social life and were stolen. The merchant wrote a petition enjoyment of the port, and the burden ́ ́****

on a few hospitable folk is therefore of * le to the subprefect of the city telling him of the loss and asking him to send messages to therioni are sure, but 'St. Andrews as a function.THEATRE

magnitude. Not a Scot would breath, Magistrates at Changsha, Hankow and Shang- bai, informing them of the theft and asking them to take measures to prevent the thief from there was hardly room to move, and the best Lessee and Manager

traditions of Scottish ceremony in regard to Representative... Mr. ARTHUR SEYMOUR. appeared in the Shen Pre daily paper stating reels went splendidly, and every one had a profiling by his crime. An advertisement h gies were accordingly dispensed with The W

EVERY EVENING. that the amounts which were represented by good time. the bills of exchange had all been paid at the

positively suffered from superfluous, enerosity,

The weather here keeps extraordinarily

swing, an all but unheard of thing in 'Decem

One of the dangers being the confiscation of the property on account of the Company's three cities named and the lost bills were of no mild, and building operations are still in full A. semi-official character in connection with the Chinese Government and another in the even- tual cession by compulsion of the Company's

property.

further use. The honest trader was warned not to allow himself to be cheated by any one offering them at their face value.

That the Chinese were able to introduce his In consideration of these eventualities it was system was through the possession of paper; thought in the interest of the Imperial Govern Alexandria. Paper-making was a Greek in- which came very early into their country from ment and the Company's shareholders to

vention, and was preceded by the papyrus convert the undertaking into an Anglo-Chinese

which W19 in use Company registered under English Laws and

in Egypt, Greece protection.

and Italy. The Chinese, being a commercial Another motive was that in order to over-people, invented bank forms which represent come the financial difficulties, caused by the

money. They have in the use of these forms hostilities, additional capital had to be raised been the teachers of the Europeans. The use by gaining foreign shareholders for the under- of a paper representative of money led to the taking, a large sum of English money having development in China of the banking system. been already advanced on the security of the The profics of banking follow directly from the Company's property.

use of paper notes. The bank issues notes and these go into circulation and it may be one, two or three years before they are realized

ber.

· Commercial.

TO-DAY'S INTELLIGENCE,

The following shares are generally, firmer. Sales have been made, and there are still buyers a quotations -HONGKONG BANKS 560, CHIN, SUGAUS $85.50, GREEN ISLAND CEMENTS $20.25 and HONGKONG LANDS $185.50,

The undermentioned shares are wenker with sellers: HUMPHREYS ESTATES $12.00, CHINA TRADERS $18.00, HONG KONG, CANTON & MICAO STEAMBOATS at$36.25 and HONGKONG & WHAMPOA Docks at $115,00

There is a strong demand for WEST POINTS,

II. Ex. Chang Yi, Director General of the Company, accordingly appointed Mr. Gustav e sub,, b Ward Detring to make the necessary arrangements in coin. We see in a Chinese bank note at an increase of $2.on_last, quotation, with

8. Dixon,

* *... c sub., b Tumer

Mr. F. W. Fitch,

which Mr. Detting did by signing on behalf of the Chinese Engineering and Mining Com-, piny with Mr. H. C. Hoover, acting on behalf of Mr. 5. A. Moreing of London, a deed of sale 15 placing Mr. Morcing in position to take the necessary steps with regard to the raising of capital in Europe and registering the Company 4 under British Laws.

Its being understood 77

that_after_conversion the Company_should keep its name and be managed according W. C. D. Turner, e Dartnell, b Good... 4 to the articles of association covering as G. O. eron, b Fitch...

"

* N., not out.... 8 c sub, b Turner Extras.......15 Extras

Total 76-

1. K. C. C. -

J. T. Dixon, b Fitch

A, G, Ward (Capt`), b Cooke

A. Mackenzie, b Good

W. R. Lemarchand, b Good

-Total

J. Hooper, c Donkin, b Good ...........

G. P. Lammert, run out

A. R. Lowe, not out

At the dinner of the Union Club, at the Hotel Cecil, Lord Lansdowne said that a closer acquaintance with our new ally since Dr. J. M. Atkinson, e Parker, b Cooke......

the conclusion of the alliance, had led 116,

and he hoped Japan also, to form a larger respect for each other. The more the great powers knew that we-co-operated with each other, the better it was for the interests of all.

(From N. C. D. News)

Bad News from Finland,

LONDON, 9th December.

Dixon.. Turner

Extras

Total

✪

I

several impressed seals, or circular. The use of the Chinese character when engraved on. wood, stone, ivory or metal marks out with dis tinctness the nature of the note and the amount of silver of which it is the representative.

Trade requires paper money in this age to. supplement the precious metals, because of the

enormous number of transactions In China

each large city has piper m.ney notes which last 16 the firm from which they were sent out. circulate within a limited area and return at

buyers at $57.

EXTRACTS FROM MESSRS, ERICH GEORG AND

CO'S SHARE REPORT,

13th December. During the week under review our market has remained very quiet, and transactions bare been limited. The Rates of Exchange on hanghai close at Tls. 71 for a T/T, and Tis 2-for-a-three-days-sight-Private Draft

INDÓ-CHINAS

have weakened considerably in consequence

well the interest of the Chinese as of the In Shanghai'the notes issued by the Municipal of a serious drop in the northern market, where

4 foreign shareholders making all alike par 4ticipanti profits and losses and that a work- 58 | ing capital of £100,000 should be mised before the end of February. These main pravi ions of agreement having been acted upon by Mr. Hoover and notified to the Director General 18 Chang Yi, it has to-day been settled and decided that the Company shall in the future be constituted and managed as follows:—

(1)-The Share capital of the Company 10 be one inillion pounds serling.

(1) The Chinese shareholders to receive twenty-five shares of one pound each original share of one hundred taels each,

O

13

:103

0. M. R. W.

Council are in especially good credit Their value is one thirtieth or one fiftieth of a dollar Dailing the closing months of igoa gold has been mp dly rising and silver failing. Gold is now forty-five times the value of silver; silver is now almost cheap enough to take the place of copper as a currency. We may con see silver cash with a square hole in the middle. Currency is ecoming burning que tion. The lass sustained by: China, on account of the rapid rise in gold enormous. The fancy of the gold monometallists that gold is unchangeable in value is too untrue to be. accepted by any political economist. Silver falls because gold is in demand for the mints Siam and soon Slugap.re, This is all false of England, France, Germany, Japan, India,

economy. Those who hold property in gold

silver are poorer It was possible till lately to send saved money home from China, but the time for doing this has gone by now because silver is now. so low that

$gago and the market closes weak with sellers the quotation is Ts. 63; here shares sold at

at $88 cash and corresponding rates on time. shares changed ownership at $2178 and 215, sales at $2171 for 31st Instant, as well as at $223 for 31st March are also reported. The market closes stendy to firin at S215 cash. At the extraordinary general meeting of share holders, held on 8 h instant, the Dock Extension scheme was rejected by an overwhelming majority

HONGKONG AND WHAMPOA DOCK COS

BOWING ANALYSIS. H.M.S. TAMAR."

First lanings, Second lanings,

(3) The bond-file liabilities of the Chinese 10 $14 Engineering and, Mining Company up to the 719 5 19th day of February (the 1st day of the 1st Moon of the 27th Year) including bonuses due to employees or shareholders from divi-low-rider-and-those-who-hold property-into-understand that there any quantity of

Famine and typhus have appeared in Fin Lammert 5:4 2 19

land.

And from Russia.

There is greater distress in the South-west of Russia and the Caucasus.

The End of a King's Holiday. The King of Portugal, has left England for bome. The greater part of his stay was occupied by private visits to various country

peaty.

Obituary.

Mr. Harry L. B. McCalmont, C., M. P. for. Newmarket, has died in bis 43rd year.

[Colonel Harry, the millionaire, has represen⚫ ́ted Newmarket as a Conservative in Parlia

ment since 1895. Ile, was a member of the Jockey Club and the Royal Yacht Suadron, and a great all round sport. He served in the Scots Guards, and was through a portion of the

South African campaign, bis regiment being the 6th Battalion Royal Warwickshires (Militia). He was a great friend of the late Col. North, the "Nitrite King," who died a year or two ago. He was also spokens of as the possible successor of Lord Hopetoun, late Governor- General of Australia.-Ed., K.T}

-

21 1

O. M. R, W,

.19 8 32 7

y

3 10 -

Mackenzie.....6

Lemarchand Ward ...

3

10-

12 1

-

7

1

H. K. C. C.

O Af. R.

W.

Fitch Good....... Cooke

13

2 28 2

13 3

43

4

7 - 13

CIVIL SI RVICE C.C. 27) #RATO-

ENGOWER C.C.

~(Contributed.) This match, played on Saturday, resulted in a well deserved win for the Civil Service C.C. which club is now beginning to feel its feet. The wicket was a treacherous one, of which fact the bowlers on both sides fully availed themselves. Batting first, the Civil Servants scored 53, Brett and Witchell alore reaching double figures, but Woolley showed a snund defence. Brown and Herton bowled admirably, the former having a most puzzling delivery, but we regret to say their bowling, analysis was giskaid With more good work by Brett, aided by really good fielding all round, the hume te were disposed of for. 31, thereby lo mg their first match by 22 runs. The victors ́are to be congratulated upon their win; and it is to be hoped that the fact of good fielding having as much as anything else to do with winning matches, is well noticed. At any rate The Wrone Mr. Wright, which was pre.e spell of non-success is broken and we trust sented at the Theatre Roval on Saturday night by the Janet Waldorf Company, is a comedy of such farcical variety as to satisfy the ⚫ most exacting devotee of that class of play, That everyone was satisfied, and more than satisfied with the performance was not only manifested by the ripples of laughter from the auditorium and circle, but by the enthusiasm, Graic Rapp, b Heron. which greeted the performers at the close of each of the three nets Mr. No val McGregor

FAROICAL COMEDY

AT THE THEATRE ROYAL

that the enthusiasm wir which the club staft- ed and which looked five being damped by the nu.nber freversas received will now continue unabated. The scores are as follows:-.

„CIVIL SERVICE C.O.

R. S. Witchell e Basa, b. Brown P. T. Lamble e Lammer b Brown S. E Brett, Basa, b Brown

W, Wooller, cand b Brown R. Brown Barton

B. A. Farrell, not out

threw aside the indispensible gown and the J. Knight, b Herton cares ind worries of a Sherlock Holmes, and W, Geldenberg e Basa b Hertan romped in the Bygela Hotel, at Old Point | A. Carter, Asger beron Comfort happy-xu-lucky garb of on W. Hogg rd, b Herion..

American millionaire bent on enjoyment

under the nimo of Singleton Sites alias

n

Wright. It WAL "real good" piece of

$$

Extras...

CRAIGENGOWER C. C..

B. Basa, b Lamb's

-Lammert, bret

L. E. Rose, b Lamble

E. R. Heston, c Brown, b. Brett I. L. Stuart, not out.

acting to an American aphorism, M. E Asger, e Brown, b Lamble, which kept the audience on the alert for his J. Gordian, b Lamble appearance. The same may be said of Mr. | A, O. Brawn, c Knight, b Brett William Fitchett as Belmont Stuyverant,, described as a "toff," wliose impersonation was voted excellent. He is certainly a e'ever actor, and it is sincerely hoped that he may meet with the success he 'no' well merits. To Miss Janet Waldorf, as, a female detective enjoying the name of Henriett : Oliver, fell the lot of endeavouring to effect the arrest of an absconding clerk recently in the emply of Linghton Site. Some idea of her task and the -humorous situations attending it can be gather

FOR WASHING

COTTAM & CO

-BOW TIES

C

E. Ford, e Farrell, bitreit M. Harteam, b Lamble P. Rapp, b Brett

Extr.:

Total

Brett Lambis

414

SK for ASAHI JAPANESE BEER

G. Girault,

dends or reserve funds shall be taken over by the new Company, and all what is due accord ing to the formal agreement entered into will be duly considered and honoured.

it may be oped England will see that it is (4)-It is especially agreed to honour and high time to remedy the evil. Sir Ernest duly repay, the loans obtained from the Im-Satow is gone to England at a moment when perial Government, Two hundred thousand tacts is to be paid out of the first funds and the balance as quickly as possible,

(5)-The shareholders whether Chinese or Foreign shall have equal vites at all meetings of the shareholders when the Company's affairs are dis ussed and questions decided

(6)-The management of the Company shall he onducted by two boards of director's one in China and one in London.

(7)-H. E. Chang Yi will be Director General resident in China as before li general charge of affairs, and as suck will have equal Bow rs with foreign directors in China,

|

FREIGHT MARKET REPORT." Messrs. Wheelork & Co., writing from

ward freight market since last writing and Shanghai, under date 10th inst,, state-

cargo still continues very sea ce we are given

skins and hides in the interior awaiting Iran- shipment to this port, but on account of the difficult for the native boats to navigate them scarcity of water in the creeks it is extremely successfully and consequently native produce can only be brought in very slowly and in driblats or not at all.

There is no change to re/ort in our Home-

there are fewer boats than usual seeking em- Coastwise. Considering the time of the year currency questions have rea hed a crisis. Howployment at present and rates are fairly steady is the indemnity to be paid! Can China be all round... expected to pay the full amount of the debt she has incurred while the exchange stands as it now does? It is easier for England to alter the exchange than for China to pay in gold.

What will the, Powers do? Can they enforce payment? They must so arrange things that silver may rise to be about sixteen. time les valgable than gold, instead of being as now, forty-four times less valuable than gold.. England can perform her part by returning to silver currency in India and Africa, By doing This England may be able to sell enough gold and buy enough silver to affect the market vary materially, and China will then be able more easily to pay her debts. It would be a wise economy and most beneficial to trade to elevate by all fali means, in Parliament or by diplomacy the price of silver in relation to gold. The tae of silver is now so low as to prevent the Chinese buyer from doing any business China will (t)—it is also understood that all the legal obtain› je, s revenue, hext year on this ac taxes and duties payable to the Chinese Govern and when English statesmen are led to see that trade suffers through the exten ment will be paid by the Company as heretofore, son of gold currency to India, they will (12)-It is also understood that the Director conclude that the time has come to reverze General will be the channel of all communica that policy. Europe ought to give China a tions between the Imperial Authorities and the murdered the missionaries, It was the work chance to revive.. It was not the nation, that Company.

of one unworthy and ignorant faction.

•.' (8)—Thë management of the property of the Company in China will be in the China Bourd. (9)-The London Board will be elected by all the Shareholders, 'Chinese and Foreign,

(to)-It will be understood that the word "limited" means that the aliareholders are in no case responsible for more than the nominal amount of their shares, e

(13)-It is understood that the Company will be managed in such a spirit as to make Chiners and foreign interesis harmonize on a fair basis 1 of equality and to open an era of co-operation and protection that will enrich the Government and the people.

(4)-All the unsettled accounts of the Com. pany and questions relating to land tenure will be adjusted equitably by mutual consultation

|

When France and Germany deserted the silver standard they believed that the gold of the world was enough for its growing com merce, but instead of the value of gold being a fixed quantity it has been rising, ever since. The high price, of gold shows that it is in- sufficient for the wants of mankind in the twentieth century, China and Mexico ought to hold firmly to silver in order to prevent its being quite forced out of the market. Silver cash should now be made having the value of

43 Dated this 19th day of February, sportwenty-fire, thirty, oz dfty cash cach They

Signed sealed and delivered)

by Herbert C. Hoover and H. C. Honver Chev, de Wouters in the C. de Woutters presence of

Alfred S. P. White Cooper, C. D, Tenney,

Signed sealed aid delivered) by Chang Yen-mas in the presence of

Alfred SP White-Cooper," C. D. Tanney.

Signed sealed and delivered"

by Gustav Detring to the presence of

Detring

Alfred S. P. White Cooper.

~C. D. Tenney,

SK for ASAHI JAPANESE - BERRA

Gi Giraul

would frbra their lightness be acceptable in place of copper, which has become too expen sive to be minted at the old-mate of a thousand to a dollar, -Shanghái: Mercury AD.

THE WEATHER,

The following report is from Mr. F. G. Figg,

·Acting Director of the Hongkong-Obsere" Valory —

On the 15th at 11.15 m. The depression is moving NE., in the Sea of Japan with a rapid fall of the brameter over E. Japan.a – Pressure is highest over Central Chica and "gradients are slight with, moderate to" fresti. monsoon along the coast, and over the N-part of the Chinu SARENAMEN

Forecast moderate N.E. winds ; fine.

Kfor ASAHI JAPANESE BEER

SHARIQ)

*

L

F

Mr. W. REULE

JANET WALDORF. Co. Pronounced by Press and Public to be the most talented and versatile. Company that has visited

- the Orient

WRONG MR. WRIGHT Hus sent a great burst of merri- ment over Hongkong..

سببت

Answers to Corespondents: W.MW-Thank you, the audiences have testified to the effect, that Miss Janer Waldorf and Mr. Norval McGregor are prime favourites.

Derbyi'e--Sorry we cannot give you the winner, but the Wrong Mr. Wright 0 is really a good thing

Disappointed-Regret you could not get a seat on Saturday evening come early this evening, before the house is R. crowded again.

-WEDNESDAY-EVENING "ROMEO and JULIET."

Tariff and all other Arrangements as usual. Hongkong, 15th December, 1902. [1365d

THE HONGKONG STEAM.WATER BOAT COMPANY, LIMITED. CHAREHOLDERS are hereby notified that

the Remaining, fall of THREE DOLLARS- per Share is now called up, and is PAYABLE at the COMPANY'S OFFICE, No. 37, Connaught Road, on or before January and, 1903, 4-

their Scrips for endorsement by the Manager. On Payment, Shareholders will please hand.

By Order,

J. W. KEW,

Manager. Hongkong, 15th December, 1903. [1366d

in

NOTICE OF REMOVAL. THE OFFICE, and SALES ROOMS of the Undersigned Have been REMOVED to Corner of Ice House Street. No. 8 DES VIEUX ROAD CENTRAL,

HUGHES & HOUGH,

Auctioneers. Hongkong, 15th December, 1901,

[1367d

Four wife and family is a NEW-YORK LIFE 20TH CENTURY POLICY which will THE BEST CHRISTMAS PRESENT for.

remove all danger of want or worry from their futpre.

Apply at

18, BANK BUILDINGS. Hongkong, 5th December, 1902.

HE

TO LET:

[13334

"TE RETREAT,”—MOUNT KELLETT, HOUSES at CAUSEWAY BAY, facing the

Palo Ground.

No. 1, RIPON TERRACE. GODOWNS at BOWRINGTON, Praya Baal GROUND FLOOR of No. 4 BLUE

BUILDINGS.

Apply to Be

THE HONGKONG LAND INVEST MENT & AGENCY CO., LD. Hongkong: 15th December 30,

BUCHANAN

BLEND

SCOTCH WHISKY

Grati

JAMES BUCHANAN & GO, HCOTCH WHISKY DISTILLERS

By Appointmmt: to.

EM THE KING

ind

HRH the PRINCE OF WALES

SOLE AGENTS;

LANE CRAWFORD & CO.

HONGKON

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