1903-12-08 — Page 4

TELEGRAMS.

(Reuters.)

The Congo Free State.

LONDON, 5th December.

TELEGR

THE HONGKONG TELEGRAPH, TUESDAY, DECEMBER $8, 1903.

CHINA TRADERS INSURANCE

CO., LTD.

ANNUAL MEETING.

If not, why Hoi ?

NURS

On what date was the contract let for the sea wall and roadways on the above section and what date was fixed for the completion of the work?

expressed by the chairman at the unfortunate for overtime stipulated in the contract enforced retirement of our late secretary, Mr. Ray, who| for so many years served this Company so well and faithfully, first as, assistant and then as secretary. The retiring allowance granted him The thirty-seventh ordinary meeting of by the Board is, I think, under the circums Company. Limited, was held at the head office. shareholders, in the China Traders' Insurance lances, one that will be heartily endorsed by be shareholders. In his succestor, Mr. White Queen's Buildings, at noon, to-day, when the e

tall, we have, I am certain, a man in whom we were present: Messrs, . Goetz (chairman) H.ability and trust. With these remarks I have can repose entire confidence, both as to his: Schubart, Ermiston, C. M chelau (directors), much pleasure in seconding the resolution that J. Whittall (secretary), Sir Paul Chater, C.M.the report and accounts be adopted. (Applause). C T. Veitch, J. W. Ross-Taylor, ". K. Leigh, H. C. Wilcox. T. fl. Reid, F. D. Goddard, W. Saunders, H. W. Slade, G. de Champeaux

The British Consul of Congo Free State has completed his tour on behalf of Great Britain. The tour should have lasted six months but has terminated at the expiration of two, as further evidence is unnecessary. The most horrible outrages are still per- petrated under the Rubber regime, also slavery in the most barberous and revolting.

form. English observers stigmatise the ad- ministration as atrocious and declare that intervention is imperative.

LATER.

The Cotton Market. The excitement on the New York Cotton Market has temporarily subsided..

The Far East. There is a temporary lull in Far Eastern

affairs and attention is concentrated on the

assembling of the Japanese Dict yesterday. Hitherto proceedings have been purely for mal. The ceremonial opening will take place on the 8th instant.

and W. E. Schmidt.

The notice convening the meeting having been read,

The motion was put and carried unanimously,

fortunately, through no fault of anybody, the profit fell below zero, and the amount was taken from the reserve lund Ever since, while some of nur 'competitors, through good management, have been forging ahead, we have continued to receive $96,000 a year, or

What is the name of the contractor? When will the, work on -(a.) the sea wall, and (b) the roadways, be actually completed?

being enforced or will it be enforced? If not, Is the penalty for overtime in the contract

why not?

The Director of Public Works replied:--

4. Tsang Keng, as already stated.

5. (a) Work was completed in December 1902. (b) It is not possible to say definitely, but there is no reason why it should not be completed by the end of this year.

6. The question of penalty to be enforced will be considered on completion of the work. The contractor has been repeatedly warned that the penalty will be enforced.

Question 2, paragraph 1. The 1st of May, Mr. J. W. Ross-Taylor said:-Mr. Chairman 1899. Date for completion 15th of November, and gentlemen, I am sorry to find myself in. Name of Contractor, Tsang Keng, opposition to the directors, and my regret is all. It is not yet completed. the deeper that it is a difference of opinion. The whole of the work was included under arising as to the retiring allowance to our late the contract referred to in first paragraph of The Chairman sait:-Gentlemen, the report secretary, Mr. W. H. Ray, with whom I know we

reply, and statement of accounts have been in all most deeply sympathise on the sad break- your hands for some time and with our

dawn' of his health. Seven years ago, in 1896, approval we will follow usual custom and take them as react. As compared with the preaised to a million dollars. Next year, un- we got a 35 dividend and the reserve fund was,

vinus year, the premium income shows an increase of some $61,000, whilst the loss seulements; although still heavy, show a decrease of $17,000. You wil nice, how- ever, that we have had, this year to meet a material loss in exchange. This is due to our endeavour, in view of the instability of exchange and the impassibility of forecasting its move- ments, to as far as possible keep our funds equally divided between gold and silver, and this deficit is largely the difference between the cost of considemble conversions into gold made during the year, and the rate at which the sterling exchange is taken in our books. The maintenance of this latter rate at 2/- has been perienced. On the whole, the outturn of the year's operations may, I think, be considered fairly satisfactory, but your directors feel that position to give over to per cent. per annum of Protestant Cemetery? the point has not yet been reached when they

equal to $4 per share.. It has been my lot on

several occasions to vote for more generous treatment by directors of the staff, and no one can appreciate more than I do the impulse which dictates this generosity; but I think in this case, really, their generosity oes a little further than the position of the company war- rants. It is no fault of anybody, no doubt; but the company has been marking time more

not think it can be maintained that we are in a

A BROKEN PROMISE.

At the Supreme Court this morning, before the Puisne Ju 'ge, His Hopeur A. G. Wise, the amply justified in the recent sharp rise esar less'during the past seven years, and I do Chines Amrican Co- merci IC mpany sued Wai Chan and Company for $876.37, principal and interest we in a promis ory note, dated 27th August 1 st. Mr. J. Hays, of Messrs. Johnson, Stokes and Master, appeared for the plaintiff company, while the defendant company was no presert or represented in Court, Mr. J. Lee, bank-keeper, in the employ of the Chi- nese American Commerc al Company, proved the debt, and showed that the principal amount. ed to $871,57, and the interès: to $4.80.

judgment was iven for plaintiff company

with costs.

THE OPERATIONS IN NORTH CHINA, 1900.

It is notified in Army Orders, issued on 2nd ult, that the war services officers engaged in the operations in North China during 1900 will be recorded in the "Official Army List" as detailed below

(a) "China, 1900," for all officers who served with the China Field Force or with the Lega tion and Tientsin garrisons from the outbreak of hostilities up to December 31, 1950, followed, when necessary, by a reference to any of the particular actions, or engagement specified, below:--

(1) Defence of the Legations" for those who took part in the defence of the Peking

Legations from June so to August 14, 1900.

|

can with safety, or any certainty of its continu- ance, recommend the declaration of an increas- ed dividend to shareholders. Our first con-

On

sideration must be to place our liquid reserves basis which will preclude the possibility through the coming of a bad year, and bad years are bound to me, of fund. The wisdom of this policy of restraint. ‘our having to again entrench on our reserve

and patience will, I am sure, appeal to all who have the best interests of the company at heart, Atic providing for a general dividend of ió per cent. and a contributory dividend of 13 per

the dividend credited to shareholders to one of the retiring officers. It is quite possible that in future some other officers will retire and we may have to pay them money. Though it goes greatly against the grain for one to criticise an action dictated by generosity, whose only fault is that it goes too far, 1.feel com- pelled as a matter of principle, and as a not

inconsiderable shareholder, to move that Mr. Mr. Ray get a retiring allowance of £900 per annum for three years from the date of his leaving the Colony, and afterwards £500 per annum, I have asked no one to second this resolution.

The proposition not, being seconded, the

'DAMAGE AT THE PROTESTANT CEMETERY,

3. Is it not the fact thatga wall in the Protes. lant Cemetery, on the side nearest to the Roman Catholic Cemetery, has recently par tially collapsed covering some of the tonibs in the Protestant Cemetery with debris and damaging some of the tombstones ? -

·

What steps will be taken and when 10 remove such debris and to repair such damage and to ensure that no further portions of the said wall and no earth shall in future fall down' or be washed down by rain upon the tombs in the

What is the name of the contractor who is responsible for the wall in question?

-T**

The Director of Public Works replied Question 3, paragraph 1. Yes. The accident arose from the heavy rains in the early part of September.

2. The wall will be reconstructed of greater strength. Work is in progress.

3. The wall which fell was constructed by Yau Kung Cheung, contractor. It was com pleted in September 1902, and was therefore out of the contractor's hands prior to the date of its failure.

THE WATER SUPPLY.

4. Is it not the fact that certain houses-in-

of old ones, is rendered impracticable for want of floating capital. Mortgages at 6, 7, 8 & 9 % on the other hand can more, easily be put through. There are still many: enterprises in Singapore which if entered upon giveʻa `hand- some return, if run with energy and skill, among which is another first, class, hotel, and that without injuring the present ones to a great extert."Finance" in S. F. Preta.

GERMAN BANK LOANS.

Co-day's Advertisements.

'CHATRE'S NEW INDIAN CIRCUS.

Patronised by H. M. the 'Empress Dowager

and other Royalty of China.

By special arrangements, owing to the great number of people being disappointed on Satur- According to information from a trustworthy day, the Proprietor has decided to give quarter in Berlin all the German banks are performance calling in, at the end of the current year, the loans which they have made froin time to time on account of German enterprises in China. During the last seven years no fewer INTRODUCING ALL than niec banks have embarked upon this class

TO-NIGHT (TUESDAY).

SPECIAL FEATURES.

AND INTERESTING.

of business, in many cases creating special EVERYTHING NEW agencies for the purpose; but it has come to be recognised, it is understood, that the business is far from profitable, and involves increasing risk with every year.

M

11

TO-DAY'S EXCHANGE.İ

1783

ON LONDON, Telegraphic Trapsler...1/8 11/16 Bank Bills, on demand' Credits, 4 months' sight D'ments 4 months' sight, ....1:91 IN BERLIN, (demand) ............M..77 ON PARIS, Bank Bills, on demand...... 2.17

Credits, 4 monthsf sight......2.21 ON NEW YORK, Hank Hills, en demand...413

Credits, 30 days' sight

........ 421 ON BOMBAY, Telegraphic Transier.. 1287

On demand...

128 ON SHANGHAI, Telegraphic Transfer .....71) Private c days" sight ON YOKOHAMA, TT...... Sovereigns, Bank's Buying Rate. Gold Leaf 100 touch, per ref Bar Silver.....

OPIUM QUOTATIONS. Today's quotations ate as follows:-—

MALWA NEW.

*

ห

LAST YEAR. OLDEST

PATNA NEW

HENARES NEW PERSIAN (PAPER).

POSITIVELY LAST NIGHT. Hongkong, 8th December, 1993.

FOR SALE.

[14166

NE SIMPLEX PIANO PLAYER, by

NOLLER AND CAMPBELL, and 12 Music Sheets. Just received from the Makers. At Manufacturers' Price, very cheap.

For Particulars, apply to

"C.E.." Clo langkong. Telegraph.

[14740 Hongkong, Sth December, 1903.

THE DAIRY FAD* COMPANY, LIMITED.

nom.

84

S A. SETH,

$11.00 Secretary,

60.co 253

Per chest .@ 940/970

(1,000/1,060

.0 1,080/1,100 ..@ 1,175

( 1,175 .@ 800/850.

Co-aap's Advertisements.

PUBLIC AUCTION,

JAMES WALKER, Manager.

Town Office and Depot: Wyndham Street. Kowloon Branch: 57, Elgin Road,

FARMS AT POKFOOLUM.

.

RESIDENTS are invited to test the quality

of our Fresh Milk and other Dairy

[1455€

Produće.

Hongkong, 8th December, 1903.

THE PORTLAND AND ASIATIC STEAMSHIP COMPANY.

NOTICE TO CONSIGNEES.

S.S. INDRASAMHA,” FROM PORTLAND. (OR.), YOKOHAMA, KOBE AND MOJI

THE

HE above steamer having arrived, Con- signees of Cargo are hereby requested to send in their Bills of Lading for Countersigna- ture and to take immediate-delivery of their

cent, on bonus-bearing contributions, we pro- original motion was put to the meeting and Conduit Road have been served with an inter- THE Undersigned have received instructions goods from alongside.

Une

pose to carry the remaining available balance to underwriting suspense account to meet all further claims on account of the past and pre- vou years, and thus close the account new em appearing under the heading of London investments may be specially ref rred 10. The lease of the offices accupied by the company in London being close on expiry and not open for renewal, the necessity of securing other suitable accommodation has had to be considered, and. I am glad to be able to inform you that we have secured the leasehold-with

carried new. CON.

DIKECTORS.

On the proposition of Mr. F. D. Goddard, seconded by Mr. R. K. Leigh, the appointment

of Mr. C. Michelau to the Board of Directors,

ice A. Daupt retired, was confirmed, and on the proposition of Mr. Ross Taylor, seconded by Mr. Slade, Messrs. E. Goetz and C. Miche lau were unanimously re-elected to the Board.

AUDITORS.

On the proposition of Mr. Veitch, seconded

34 years to run-of a most suitable building in | by Mr. H. C. Wilcox, Messrs. T. Arnold and

an equally good, if not better, position on H. U. Jefferies were re-elected auditors. Cornhill. The cost of the purchase of this

|

mittent supply of water only during some days in the past summer?

If yes, to what cause is such deficiency of water due?.

Are there any defects in the mains leading up to Conduit Road or is the pumping-power insufficient to raise the water up to that level? Is a Water Rate being collected from the houses in Conduit Road? -

The Director of Public Works replied: Question 4, paragraph 1. Yes.

2. It has been due in soine measure to

repe ted bursts in the mains, the margin in

The Chairman:-That is all the business,wer of the pamping plant being inadequate leasehold was £25,030, but whilst the building gentlemen. Dividend warrants will be ready to make up for the loss of water occasioned by acquired affords far superior accommodation | to-morrow.

for our growing needs in London, it is hoped

that, after payment of ground rent and taxes

(2) "Defence of Tientsin" for those who took part in the delence of the Foreign Concessions at Tientsin from June 16 to June 23, 1900..

(3)- Relief of Tientsin" in those who took | &c, and making, full allowance for sinking part in the actions of June 23, July 9, and July | fund and interest on the outlay, the sub-rentals 13, 1900, which culminated in the capture of Tientsin city on the, last-named date, and thereby raised the siege of the Foreign Concession.

(4) "Capture of the Taku Forts" for those who took part in the operations of June 17, 1900, on the Peiho river, which resulted in the capture of the Taku Forts.

to be obtained from the portion of the building not required for our own uses, will reduce the net annual, cost to very little more than the rental we have for some time been paying. Your directors feel that we are greatly indebted to the exertions and fore-thought of the London, committee and the London manager in bring-. ing so important a inaltes to so successful an (5) "Relief of Peking" for those who took issue. The item under notice is the first instal- part in the various operations on shore between ment only of the purchase money; the balance June 10 and August 14, 1903, both dates will appear in the current year's accounts. inclusive, either under Admiral Sir E. H. The properties under mortgage to the company Seymour, G.C.B, O. V^,, or under Maj.-General | have, as usual, been reported on by Messrs. Sir Alfred Gaselee, G.C.LE, K.C.B., having | Palmer & Turner, and their valuations show for their objective the rehef of the Peking ample margins. There remains one subject for me to refer to, and that is the deeply re- (6) "Action of Peit-sang” for those who took | gretted and enforced retirement of our late

on August 5, esteemed secretary, Mr. W. H. Ray, the circum part in the action at that place

(7) "Action at Yane-tsug for those who took part in the action at that on August

Legations.

1970.

6, 1900

FRENCH INDO-CHINA.

In 1900, où the initative of M. Hardonin, French Consul at Canton, a dispensary was

stances of which are, I think, well known to all'of you. "Mr. Ray had been in charge of the company's affairs since 1870-a period of 33 years. In 1875, when the company was practi- cally reconstituted, Mr. Ray was appointed its first secretary, and that position he held during the succeeding 28 years until recently forcell to relinquish office through a complete and deplorable breakdown in health. But, gentle-

LEGISLATIVE COUNCIL,

بو

The following are the answers given to the questions asked by the Hon. Sir Paul Chater, on behalf of the Hon. H. E. Pollock; K.C., the meeting of the Legislative Council yester day afternoon :—

TAIPINGSHAN RECLAMATION,

1. What was the total amount which was paid to owners for the resumption of insanitary properties in Taipingshan?

What was the total cost of laying ont such

named land, including roads, drains, retaining walls, etc.?

What is the total amount which has been the sale of such portions of such resumed land received by the Government in, premia from

as have been sold by the Government, and what is the total annual Crown Rent which is

received by the Government in respect of such

portions i

said bear to the part of such resumption which What proportina do suck portions as afore. it is proposed to reserve as a Public Park for

Chinese?

What is the area of that part of such resumption which it is proposed to reserve as.

a Public Park for Chinese?

Chinese now reached?

such bursts. Additional pumping plant has recently been provided.which has enabled con. start supply to be maintained.

from the REGISTRAR SUPREME COURT,

to Sell by PUBLIC AUCTION, TOMORROW, (Wednesday), the 9th December, 1903, at Noon,

Nos. 27, 29 and 31, DES VIEUX ROAD CENTRAL, THE GOODS AND CHATTELS

ht

or

C. E. LE MUNYON, Comprising:-

PHOTOGRAPHIC

and

CAMERAS KODAKS, AMERICAN COMBINATION SAFES, GLASS SHOW CASES, COUN- TERS, PICTURES, &c., &e, &c.

TERMS:-As usual

HUGHES & HOUGH,

Government Auctioneers, (14730

Hongkong, 8th December, 1993.

DOUGLAS STEAMSHIP COMPANY, LIMITED.

FOR SWATOW.

3 No defects other than those indicated ahove, which are liable to occur in any main. THE Company's Steamship Yes, a water rate is collected,

UNIFORMS OF SANITARY INSPECTORS. “ 5. Is it the fact that the Government is contemplating the alteration of the uniform which is worn by the Senior Sanitary Inspectors? If so, will not such contemplated alteration make the uniform of the Senior

Sanitary Inspectors resemble that of the District Inspectors? What is the reason for the contemplated change?

"HAILOONG,"

Captain Evans, will be despatched for the above Port,,TO-MORROW, the 9th, instant, at Noon.

For Freight or Passage, apply to

DOUGLAS, LAPRAIK_&_C»,,_ General Managers. Hongkong, 8 December, 1903.

[14726

FOR CHEMULPO. DALNY AND PORT ARTHUR.

(Calling at SHANGHAI).

"PRONTO,"

Captain Grandt, will be despatched for the above. Ports, on FRIDAY, the 11th instant,'

The uniform of the Sanitary Staff for which

The Acting Colonial Secretary replied: THE Steamship

thers, existed no authorised pattern has been revise, and'-ealed patterns sanctioned. The is alike. The object has bren to make the, unifo n for the different grades of inspectors

uniform as simple as possible.

OPIUM TRADE.

A letter signed by the Archbishop of Dublin,

It

several shops and other prominent public men has been addressed to the .. &C. Express on the subject of the Opium Trade. states:-"In view of the next Genc al Election we unite in a respectful appeal for your aid in bringing before the public of this country facts

The help of the British Press at this time might which show the grave evils of the opium traffic. result in a gencial determination that a trade be carried on in the name of our country. so unjust and dishonourable should no longer

Such action on our part would, we inay hope,

COMMERCIAL.

10-DAY'S INTELLIGENCE

SHANGHAL

at 1.M.

For Freight or Passage, apply to

HAMBURG-AMERIKA LIME,

Hongkong Office. Hongkong, 8 December, 1903. [14296

FOR YOKOHAMA AND KOBE. THE H.A.L. Steamship

THE

"AMBRIA,"

Captain Duckstein, will be despatched for the above Ports, un MONDAY, the 14th instant,

at Noon.

For Freight, apply to

HAMBURG-AMERIKA: LINIE, Hongkong Office. Hongkong, 8th December, 1903 £14370

COMPAGNIE DES MESSAGERIES MARITIMES.

PAQUEBOTS-l'OSTE FRANCAIS."

FOR SHANGHAI, KOBE AND' YOKOHAMA

"ANNAM,"

Captain Girard, will be despatched for the above Ports on or about MONDAY, the 14th instant.

For Freight or Passage, apply to

G. DE CHAMPEAUX, Agent, Hongkong, 8th December, 1903.

[10-4

Cargo impeding the discharge of the vessel will be landed and stored at Consignees' risk and expense.

No Fire Insurance will be effected by us in any case whatever.

ALLAN CAMERON, General Agent. Hongkong, 8th December, 1903),

Intimations.

THE POPULAR

SCOTCH

IS

[12660.

"BLACK&WHITE"

JAMES BUCHANAN & CO. :

SCOTCH WHISKY DISTILLERS.

By Appointment to.

BAM THE KING

and

HRH the PRINCE of WALES

Supplied at all the 16AHING CLUBS and HOTELS, and in the otrained from LANE, CRAWFORD & CU, Qneeu's Road Central,

[6.20

EYE SIGHT.

inen, in the sound and satisfactory position our the members of the Legislative Council an 1 hen does the Government propose to give opened in the native city under the direction of company stands ti-day, Mr. Ray has left apportunity for discussing the question of the Dr. Mas, who came from Indo-China for the 5ting memorial to the best years of a strenuous desirability of reserving such part of such purpose. Encouraged by the success of this life spent wholly and devotedly in its service, resumption as a Public Park for Chinese? venture, iwas sought to extend the movement and although, unhappily, we cannot restore his to that of a hospital. After negotiations thesha tered health, you will, I am sure, cordially What stage has this matter of a Public Park for Viceroy granted a lease für ninety-nine years support your directors in their desire to, in

do inuch towards bringing about happier TE Company's Steamship The Acting Colonial Secretary replied relations between this country and the Govern- -of a niece of ground, 6,500 square metres, of a some measure, recognise his long and faithful.

value of $45,000, at a nominal rent, which the services, by ensuring to him a freedom from $818,098.32. $107,874.58. The premia amountment and people of China." Politique Coloniale somewhat ungraciously | anxiety in the years of retirement that may be

to $171,393.50; the Crown rents wo $772 per annum. The area sold amounts to 49,711 -points out has now “become national pra: erty." left to him. I shall be glad to answer any (It is a pity that a good movement should be questions you may desire to ask before I square feel or 1.14 acres; the areas of building spoiled by the insistence of a view that might formally move the adoption of the report and land absorbed by the park which is a Public Park and not a Park for Chinese only amount be turned to political account.) Local Chinese balance sheet.

to 46,500 square feet or 1.07 acres. There being no questions, the Chairman proof September the Governor's" despatch and the, On the 17th subscribed $25.000, and Storoo was also ob

Advices received from Shanghai under date tained among Chinese in the Straits and Rang-

posed that the report and balance sheet' be

Secretary of State's reply on the subject of lay- the 5th inst.report business done in the kok, whilst M. Doumer, then Governor-General adopted and passed.. of Indo-China, voted $40,000 for the objects of Sir Paul Chater said:-Mr. Chai-man, I thinking out a Public Garden in Taipingshan were Northern" port on the 4th inst. as follows:-S. the bospital. Another liberal contributor was the statement which we have just listened M. Robert Lehnudy, who donated 25 000 fr. A is one of more than ordinary interest. It is sum of about $8,000 a year at least is indispen. satisfactory to learn that the directors have sable, and Dr. Mas is now appealing to the resolved in persevere in the sound policy of Pari-Mutuel for charity to grant its assistance, building up the financial position of the com. The trade of Indo-China with Hongkong for pany, rather than increasing the dividend. It

is also, in my opinion, much wiser to carry community. 1951 amounted to 127,189,000 fr., and was se- cond only to that with France, which amounted

forward the balance in a liquid form, than to to 147,345.000 fr. The exports, indeed, were make a too hasty addition to the reserve fund, 2. On what date was the contract let for the double what they were to France. Rice forms which might hereafter have to be withdrawn foundations and reclamation for Section No. 6 the chief article, and amounted to 409,443 inns, I observe that the leasehold of a building in of the Praya Reclamation (from Pottinger Street ngainst 381,382 tons in igor. This was practi. Coinhill has been acquired for the accommodato Wing Wa Street), and what was the date,

·cally the half of Hongkong's total rice import of | tion of the London office, but I am glad 10 | fixed for the completion of the work ? · What is 819,919 tons. Hongkong was likewise a very have the assurance of the chairman that this the name of the contrector? .*"good customer fur salt fish, Tongking to, move will prove a sound investment, and When was the above contract work actually Annamite brown sugar, silk, Hongay coul, and not entail much increase in rental. I am completed, and how many days was it after this medicines amongst other articles.

sure the shareholders all join in the regret contract time for completion? Was the penalty

laid on the table, together with the Estimates C. Farnham, Boyd & Co. shares at Tls. 127.50 for 1004, at page 25 of which i sum of $7,000 for December, and 127.50 and 128 for March; was set down for levelling and laying out Tai-Maatschappij, &c. in Langkat shares at Tia, pingshan Garden. I have again to point out 312.50 cash, 315 and 312.30 for December, and that the Park or Garden is Public and not 327.50 and 328, for March, Indo-China shores. set aside exclusively for any section of the at Tis. 56 for December, and 54 for March; Shanghai and Hongkew. Wharf shares at Tis. 207.50 for January; Shanghai Sumatra Tobacco shates at Tls. 53 cash; and Shanghai” Land Investment shares at Tis, 1of cash.

PRAYA RECLAMATION.

- SINGAPORE MONEY,

MARKET.

Money has been very tight in Singapore for some time now,-and-appears to be held more in private enterprises, with the result thắt, ci, dealings in shares are practically nil, and the exploitation of new ventures, or the resuscitation |

*

MR. N. LAZARUS May be personally consulted. for Sreepaches.

No charge for testing the eyes. Glasses and frames of all kinds and qualities. Prices from $2 upwards.

16, QUEEN'S ROAD, CENTRAL”.

Hongkong, 6th November, 1993.