1904-02-20 — Page 4

Entinations.

THE HONGKONG TELEGRAPH, SATURDAY

NOTICE All commuulentios frendest for publicsting la The HONGKONG TELEGRAFII should Brewal to The Eltor. 1, Ice House Road, and should be accompanied by the Writer's Name and Addrese,

Orliary business communications should be addressed

The Manager.

her only reliable base is at Harbin, which is nearly 600 miles from that port and fully three hundred from the nearest point on the Yalu river. With from 50,000 to 60,000 men cut off in Port Arthur, Russia will be obliged to take

A. S. WATSON & CO., The Editor will not undertake to be responsible for action with her forces available in the Prim-

LIMPIED.

WINE AND SPIRIT MERCHANTS.

SCOTCH

WHISKY

WATSON'S

CELEBRATED

E

VERY OLD LIQUEUR

BLEND

SCOTCH WHISKY.

any rejected MS; nor to return any Contribution.

SUBSCRIPTION BATES (IN ADVANCE). DAILY-$50 per annun. WEEKLY-$1 per run.

The mates per quarter nail per mensem, proportional, The taily iue in delivered free when the address is necessible to mesonger. Un coples sent by post an additional $1.50 per quartor is chargel for stage, The postage on the weekly is to aug part of the Single Coploe Daily, ten cents; Weekly, twenty

world is 30 cents per quarter.

orsk province and Manchuria. These may perhaps amount to 150,000 men, from which at least one half must be de- ducted to protect her railway and line of communications. Assuming that she suc ceeds in dispatching a force of 70,000 to the front, half of which must march to relieve Port Arthur and the remainder to oppose the Japanese Army marching across the Yalu into Manchuria, her position is still On the 8th instant, at Giessen o/L Suedan-one of immediate danger; since, tied to her lage is the wife of S. KATZ of a spo.

land communications, these will assuredly prove insuficient to keep her forces provided with ammunition and supplies. A

five Cents.

BIRTH,

MARRIAGES.

On the 6th Jan, at 1, Dundas Street, Edin. burgh, by the Very Rev. Jas. McGregor, D.,

FEBRUARY 20, 1904.

HONGKONG AND SHANGHAI BANKING CORPORATION,

ANNUAL MEETING,

The ordinary half-yearly meeting of the shareholders in this Corporation was held at the City Hall at noon 10-day. There were present:-Messrs. A. J. Raymond (in the chair), H. E. Tomkins, Hun. C. W. Dickson, E. Gae!t, A. Haupt, H. Shobart, E Shellin, N. A. Siebs, H. W. Slade, C. A. Tomes. E S. Wheatler, mth (Chlef Manager), (Directors), J.. G. C. Case, IL M. Ruvis, H. Humphreys

+

H. N. Mody, J. S. Nicholson, C. W. May,

C. J. Gonsalves, J. R. M chael, H. E. R. Hunter, Lau Wei Churi, E. Georg, J. A. Chinoy, H. A. F. Denny, D. Forbes, P. A. Barlow, G. de Champeaux, K. McK, Ross, E. A. Hewett, f. Orange, G. H. Polts, G. M. Bain, A. V. Apcar, H. M. Nemazce, F. B Marshall, He Fook, E. S. Joseph, J. M. S. Alves, ], H. Lewis, R. K. Leigh, W. H. Potts, P. 1. Potts, J. J. S. Hancock and others

such results as the report shows cannot be TELEGRAMS.

i

Achieved without the most careful attention and 1 thorough efficiency on the part of all respou sible, and I think you will agree with me when express great satisfaction that the ability nud efficiency of our managers and staffis being re- cognised in a small way by the bonus we are asked to vote to them. (Applause).

The motion was carried.

DIRECTORS:

Mr. Master proposed, Mr. Humphreys se conded, that the appointment of Mr. C. A. Tomes to the Hoard of Directory in place of the Hon. R. Shewan resigned be confirmed, and that Mr. E. Goetz and the Hon, C. W.

ickson be re-elected.

Carried.

AUDITORS.

On the proposition of Mr. G. de Champeaux, seconded by Mr. McK. Ross, the Han, C. S. Sharp a d Mr. WV, Hutton Potts were re-elected auditors

The Chairm-That is all the business, gentlemen. I thank you for your attendance Dividend warrants will be ready on Monday,

Mr. Orange said :-Gentlemen, before we of thanks to the Chairman, the Directors, the Chief Manuger and staff of the Bank. The report which has just been passed to-day is an eloquent tribute to the ability and skill which they have displayed in the conduct of the affairs of the corporation. (Applause), The proceedings then terminated.

*** HONGKONG TELEGRAPH

SERVICE ment THE WAR.

RUSSIA ON THE DEFEN SIVE.

NO ADVANCE INTO KOREA. (From Our Own Correspondent:)

YOKOHAMA, 19th February, 12.10 p.m. Japanese officers in command of reconnoitring parties in northern Ko- rea report that, with the exception of a few scouts, no Russian troops have as yet been encountered south

W. R. DIEK, son of the late }. Shelton-Agar, of well organised force of 60,000 men, coming Leiria, W. Lysaught, Capt. F. D. Godilard, part 1 have pleature in proposing a hearty vote of the Yala River. Mount Temple, Ceylon, to MARY, widow of Peter Houston, Greenock, and daughter of the late Dr. J. H. Robertson, of leonie Hill, Singapore, and 15. Gt. King Street, Edin burgh, and of Mrs. Robeilson, L, Dundas

Street.

On the 6th February at the Presbyterian Church, Penang, by the Revd. R. Whittor, GUSTAVE GUILLAME DE JONGH, of Langkat, Sumatra, to JESSIE, youngest daughter of the late Abraham Logan.

DEATHS. On the 7th instant,

Sit "St. Helen's" 26-4 Syed Alley Road, Newton, Singapore, LAURA HELEN, the beloved wife of Dr. J. M. Handy. Translated into the Kingdom A Blend of the finest WHISKIES | of his dear Son." Colossians 1, 13

On the 17th February, at "Eber House"

Surveyor of the Sarawak Government.

from Korea, while an army of equal strength occupies the country to the reat of Port Arthur, will suffice to force its way through all obstacles into Manchuria, where, in the neighbourhood of Ki Tin, the railway could be cut, thus disconnecting alike Port Arthur and Vladivostok from the Siberian system.

Russia must know this,

The notice convening the mering, at the report of the Court of Directors having been read,

The Chairman said: -Gentlemen,-Your di ectors are very pleased to come before you with the favourable repon which I have just read. I feel sure that all our shareholders, and more especially those at home, will be glad to find

CRIMINAL SESSIONS.

ALLEGED MANSLAUGHTER.

Pang Lung and Cheong Kan Fung were indicted for the manslaughter of an infant in the New Territory on the 14th ult. They pleaded not guilty, and the following jury was sworn to try the case-Messrs, T. Hunter, J.

S. Swart and N. T. Davison.

RUSSIAN LOSSES CON

FIRMED.

SIX SHIPS SUNK IN PORT ARTHUR.

The Foreign Office in Tokio has been advised that Admiral Alexeieff has reported to his Government in St. Petersburg that the Tsarevitch, Pallada, Revitsan, Askold, Novik, Secustopal and Petropavlovsk are

distilled in SCOTLAND, of great age, very Eher Road, ALEXANDER B. C. HANSEN, late cial shipping or an advance into Afghan.also the transfer of $500,000 to credit of silver I. Andrew, II. A. Siebs, C. F. Grey, T. Arnoit, lost to the fighting strength of the

fine and mellow.

Pronounced by Connoisseurs and general- ly recognised to be the REST BLEND in the FAR EAST.

Per Dozen

$16.50

The following are also recommended, and are of very Fine quality —

A-THORNE'S BLEND B.-GLENORCHY, MELLOW

Per Dut ... $12.00

BLEND, a fine 'SODA"

WHISKY of great age 12.00

D.-H.K.D.

C-ABERLOUR-GLENLIVET... 13.50

BLEND UF TI FINEST OLD MALT SCOTCH WHISKIES

16.00

A. S. WATSON & Co.,

LIMITED.

ESTABLISHED AD. 1841.

Hongkong, 20th February, 1904.

TELEPHONE NO. 256. CABLE ADDRESS: "ACHRE,“ HONGKONG A, B, C. CODE, 4TH EDITION

ESTABLISHED 1859.

The Hongkong Celegraph

and therefore she will do all to bring another Power into the struggle on her side. | To do this she must provoke hostilities with England, and this she will assuredly do, either a flagrant outrage to British commer-

istan or Thiber. At war already, she has little to lose by an increase in her foes, su long as her territory in Europe stands small chance of attack. That the majority of Frenchmen would view with displeasure the HONGKONG, SATURday, February 20, 1994. } en operation of their country in a struggle,

PROBABLE COMPLICATIONS.

From the contents of the Reuter wire, published in our columns yesterday evening, stating that the Governor of Russian Turkes would court tummediate downfall amidst a storm of popular indignation. Unfor tan has been instructed in prepare for military action in the direction of India, ittunately, immense sums of French gold are would seem that the Muscovite Government invested in Russian stocks, and the wily Musconte can make this a string on which has determined on the adoption of an aggressive policy with regard to Great play a lively tune. There was never a moment in the history of our Empire when it was more necessary for our statesmen to be on their guard and prepared for all

Britain. That it is in the interest of Russia to provoke the open hostility of England there can be little doubt, sinec by doing so she would hope to assure the co- operation in the present straggle of her ally, the French Republic. By the recent defeats inflicted on her fleet at Port Arthur and Chemulpo, one third of her naval furces

that notwithstanding the uneasiness which has prevailed during the period under review, in consequence of the political situated in the Fas Eas, we are able to recommend a dividend of £1, 10. o. and a bonus of to- per share, and

reserve fund. As regards our sterling reserve of £1,0:0,000 your directors have deemed it advisable to make some adjustment of our investments in view of the serious fall in the price of all first class securities. You will observe in the balance sheet that our hold- ings al £570,000 237 Consols have been written down to 85. The National War Loan of which we hold £255,000 is redeemable in 1901 at par and that stock is quoted at about 97; we

The Attorney General prosecuted on behalf of the Grown, and after reviewing the facts of the case called evidence in support of his state- ments. Sentence of six months' imprisonment was passed.

THE BANK OF CHINA AND JAPAN, LD.

having its origin in Russia's ambition for the extension of her empire in the East, there is small doubt, and it is probable that a French Cabinet consenting to such action have therefore allowed it to remain unchanged final meeting held bu

eventualities.

LOCAL AND GENERAL.

theana are printed on the third page.

Mr. Frank Browne on leave of absence.

AccoUNTS of the grounding of the German 5.5, in the Far East has been placed hors-de- | Eiha and a serious mishap to the German 5.5, [35 combat. All hopes of her obtaining the command of the sea is now out of question,

MR. A. C. Franklin has been appointed to act and it is probable, that in a few weeks, per- haps days, the remainder of her warships as Government Analyst on the departure of may be sunk, captured or blockaded, and Port Arthur itself invested to landwards. The isthmus by which it is untled to the rest of the Liastung peninsula is exceedingly narrow, in one place only eighteen miles wide, and it will undoubtedly be the object

A CHEE & CO., ** 利廣

17, QUEEN'S ROAD,

MR. R. II. Crofton has been appointed to net as local auditor of Hongkong with effect from 14th inst., during the absence of Mr. H. C. Nicolle on service in Ceylon.

in our books at go, but the other sterling se-

curities amounting to £325,007, all of them gilt edged stocks, have been written down to 286,000, which is considerably lower than the present market prices. Then apart from re- serve fund our investments appearing under the heading of Consels, Colonial and other se. curlies, as 18,784,467.89 have likewise suffered in the general depreciation and for these ample We may provision has also been made. reasonably expect to see all these securities re- cover in value in course of time, but I am sure

it will be a satisfaction to every one interested in the welfare of the Bank to know that we are continuing along these safe lines of policy which have brought as to our present strong position. (Applause) I may mention that these securit es largely consist of British Go-

vernment stocks, we have such a big interest in the Far East in the ordinary course of our business that it has not been the custom to include that field in our separate investments to any great extent. Compared with the last report the other figures in the balance sheet do not present any very striking feature. Deposits have slightly increased, our ante circulation continues to expand and bills payable stand at $20,882,914.55 against 512,273,675.78 last half

Russian Navy.

This confrms the information communicat- ed to us yesterday by the courtesy of Mr. M. Noma, Consul for Japan-Ed, HK. 7.] :

THE · KASUGA” AND NISSHIN

*

THE EMPEROR'S THANKS TO BRITISH CAPTAINS,

Lieut. J. F. Lea, R.N., and Sub- Lieut. Hugh 11. Poynter, R.N., were received in audience to-day by the Emperor at Tokio.

(IN LIQUIDATION.) Following is the report of proceedings of the

january, 1904- A general meeting

enbers of the above named compel the Cannon Street Hotel, Londonday, January 1th, 1904, "for work of having an account laid before

g the manner in which the winding

een conducted

H.1.M. expressed his thunks to and the property of the company disposed of, and of hearing any explanation that may be these officers for the successful man- -given by the liquidator; and also of determin- which the booke, accounts, and documents of

shall be disposed of"

by extraordinary resolution the manner in ner in which they had succeeded in the company, and of the liquidator thereof, accomplishing their mission in bring ing the Kasuga and Nisshin to Japan. THE KAISER'S SYMPATHY WITH JAPAN.

Mr. J. M. Skinner, the liquidator, who pre- sided, having read the notice calling the meet. ing, said: Gentlemen,-At a general meeting held on 2nd November, the advisability of adopting a scheme, to keep the claims on the Chinese shareholders of the old Bank alive, as

The German Emperor has placed an alternative to closing the liquidation and thereby abandoning them was considered, the Naval Hospital at Yokohama at and there being a large majority of shareholders in favour of the latter course, I intimated to the the disposal of the Japanese Govern- meeting that should, with as little delay as possible, take the necessary steps to have the liquidation of both the old and new banks concluded. In accordance with this intimation,

applied to the Court for an order to dissolve the old Bank, and I have now to report to you that such an order was made, and that the Bank of China, Janan and the Straits, Limited, the 25th November I declared a third and final was dissolved on the roth December last. On return of capital on the ordinary shares of this

ment.

RUSSIAN COLONEL MUR. DERED.

of the Japanese leaders to seize this neck of THI. committer appoimed by the London year, but both these items are usually higher in Bank, payable on and after the 7th December,in command of the Russian Legation

land and so sever all communication be tween Port Arthur and the rear. Should this come about, and it is probable, Russia's main stronghold, the terminus of the Trans

FURNITURE Siberian Railway and the base from which

DEALERS.

DRAWING ROOM,

DINING-ROOM,

and BED-ROOM

FURNITURE.

ELECTRO-PLATED,

GLASS, and

CHINA WARES. PASTEUR'S MICROBE-PROOF

FILTERS,

ROCHESTER LAMPS,

WHITE TURKISH TOWELS.

COUNTERPANES.

COOKING RANGES,

KITCHEN UTENSILS, and

HOUSEHOLD REQUISITES.

PHOTOGRAPHIC DEPARTMENT. DEVELOPING and PRINTING

County Council to inquire into the safety of the theatres has submited a report condemning the Drury-lane theatre as being unsafe in the

case of fire.

A MEETING of the Justices of the Peace will

all organised advance of her forces on Korea be held at 2.55 p.m. on ist March for the pur would have to be made, will be isolated. pose of considering an application from Mr. A.

Decemberthan in June. On the other side the amount of our cash and also of our bullion in band and in transit is larger; bills discounted loans and credits show a decrease of about $7,000,000, while in bills receivable there is an increase of $11,000,000. All the writing down which I have mentioned has been effected out of current profits, so that the result of the half year's working is really better than at first sight

and on the 8th December I inserted in the Londos Gasrit the necessary advertisement convening this final general meeting of mem. bers. At the meeting on the 2nd November last a statement of accounts up to the 22nd October was approved and adopted, and I now submit for your approval and adoption a final balance sheet which brings the accounts up to the present date and includes the estimated expenses necessary to finally conclude the liquidation of this company.

To preserve Port Arthur and, consequently, Moir for the transfer of his publican's licence the power of striking at Korea and Japan, it to sell and retail intoxicating liquors at the appears from the report; that result, gentlemen. sheet and mentioned that the amount of £407

Peak Hotel, to Mr. G. L. Duncan.

respect to the Ordinance to further amend The Magistrates Ordinance, 18go; the Ordinance to define the boundaries of the City of Victoria; and the Ordinance to repeal the New Territories Titles Ordinance, 1902, (No. 47 of 1902).

HONGKONG RIFLE ASSO- CIATION.

is necessary that Russia should be mistress of the sea in the North, and of this, working

It is notified that the King has not been advis alone, she has now lost all chance. Hered to exercise his power of disallowance with only hope in this direction remains in as suring to herself the co-operation of an ally disposing of a powerful flect, capable of retrieving her past losses; and she is certain to employ all the traditional art of her wily diplomacy to secure this result. Before the outbreak of the present conflict, at the first glance, it seemed to many that all the ad- vantages of position and numerical strength were entirely on the side of Russia. Her multiplicity of men, her railways, well chosen strategic dispositions and apparently all powerful flect, all tended to give her a strong position, in addition to which the fact of her being in possession and on the spot seemed to secure to her an immense advantage over her opponent. There were, however, several weak spots in her armour, and to these the

According to Mr. A. Chapman interest in the Hongkong Rifle Association has been steadily

on the decline and it meinbers do not "buck

op

with their shooting it will die out alto- gether. This is what he told those present at the annual meeting last evening, and when Mr. M. S. Northcole, the hon. secretary, ex- plained that there had been a falling off of membership; that $300 was lost at the Easter meeting, and that the weekly shoots had rol been paid for, it was a question as to whether

bears better testimony than any words from me, to the efficiency of our managers and staff gen- erally, and in order to mark our appreciation of their successful efforts we have voted them a bonus of fifteen per cent on their salaries, and this trust will meet with your approval. (Applause). I do not think that there has been anything in the general course of trade as

e then read and explained the final balance

115. estimated for salaries, office expenses, &c, from date to dissolution of the company agreed exactly with the available surplos cash. He had made an estimate of these expenses and it came to somewhat less than this amount, but he intended to dispose of the difference which represented less than d. per share, by adding it by way of bonus to the salaries of Messrs. Wills and Bennett, the two old employés of this Bank who are still in his service.

The summary of the balance sheet was as

follows

Liabilities.

CHINESE BRIGANDS AT WORK,

It is reported from Tientsin that Colonel Mowsky, who was formerly

Guard at Peking, has been murdered. It is rumoured that he was done to death by Chinese. brigands, while on his way to Harbin to take over command of the garrison there.

THE TRAPPED cruiser

AT SHANGHAI.

:

(From Our Correspondent.)

SHANGHAI, 20th February,

5.1 p.m.

It is reported that the Russian unprotected cruiser Mandjour, which has been ordered to leave the port, has been bought by France.

2,462 13 9

reflected in our business which calls for special comment, unless it be the pheno- menal rise and violent fluctuations in the price of cotton and this, I fear, will have an adverse effect on the import trade all over the To Profit and Loss Account East for some time to come. And now, gen- tlemen, in conclusion, one word on the political situation. In my speech at the last general

To paid-up Capital £180,701 100

meeling six months ago I ventured to express the hope that the efforts of diplomacy might prove successful in bringing about an amicable settlement of the difficulties then threatening the peace of the Far East. Unfortunately that hope has not been fulfilled. All that I can now say is that I very earnestly desire--I am sure we all very earnestly desire-that the war which has broken out between Russia and

that it may result in a lasting peace based on the

Assels.

By Bills Receivable and other

Assets (irrecoverable)

By unrealised Assets of Old

Hank (irrecoverable)... By Deficiency Account firre.

coverable)

By Liquidation Expense.....

£183,165 3 9

£

CHINESE WAR FO

FOR JAPAN.

The Chinese merchants here intend 47 3 6

calling a meeting to-morrow for the 291 5 3

of forming a Japanese war purpose 180,000 0 • fand.

1,826 16-0

£183,165 3 9

UNDERTAKEN for AMATEURS, rapid attack of her brave and intelligent they were to continue or wind up. Out of a Japan may be brought quickly to an end, and be disposed of in such way as an extraordinary

GOOD WORK.

PROMPT RETURN. Hongkong, 8th January, 1904.

[49

CARMICHAEL AND CLARKE, CONSULTING ENGINEERS AND SHIPBUILDERS, SURVEYORS AND CONTRACTORS,

REPAIRE PROMPTLY ATTENDED TO

TELEGRAMS? "GARMICHARL,” Hongkong. A. B. C. Code, 4th Edition,

A. I Code.

Lieber's Standard Code.

TELEPONE, 231. ~

Hongkong, 20th March, 1903,

[47

HE Beer to drink in the tropics is the Beer mady in the tropica-SAN MIGUEL,

foenian was at once directed. Admirals

With regard to the books, accounts and documents of the company and of the liquida- tor, under the Companies Act, 1867, these may

resolution directs, and the resolution to be put to this meeting directs that they shall be retained by the liquidator on his undertaking destroy the same upon the dissolution of the company, which, as you are no doubt aware, will take plac in three months' time.

No questions having been asked Mr. David McLean proposed and Mr. H. D. Stewart

seconded

principle of the maintenance of the integrity of China, (including the rich and fertile proto vince of Mancheria, with its vast commercial potentialities) and the effectual operation of the policy of the open door with equal trading opportunities for all. In the meantime you may rest assured that the managament is fully alive to the gravity of the situation, and will use every endeavour to safeguard your interests. If any shareholder desires any further in formation I shall be glad to answer any ques lions (Applause).

CAPT. OF THE S.S." LOONG. MOON" COMMITS SUICIDE.

Capt. Schultz, of the 8.8. Lomy. moon, has committed suicide by shoot- ing himself.

[The Loonewoon left Hongkong for Shanghai on Monday last-ED., H.K.T.]

SHIPPING AND MAILS,

"MAILS DUR French (Sydney) 24th inst. Indian (Gregory Apear) 24th inst.: Indian (Zaisang) ist prox. American (Korea) 1st prox. America (Garlic) 9th prox.

membership of 105 he calculated that there were Togo and Uriu have, in a few sharp encounabout 75 per cent who paid subscriptions; some ters, dissipated into thin air the boasted | members had not paid for two years, and some. superiority and power of her formidable flect; again, had left or were leaving. The balance a Japanese army has occupied Korea and in hand was $382.66, while the liabilities would an advance is being made towards Man- nearly swallow it. There were advertising con- churia in the north. The accommodation tracts with three newspapers, $50each; rent to the at Port Arthur, even supposing it were not Navy $20, printing reports, and other sundries. These were current accounts, but 35 for spoons surrounded, is not sufficient for a vast army, had yet to be paid. If they did not squander and the dispatch of re-inforcements by the over their Easter meeting they might be able Siberian Railway, admitting that the line to have a balance in hand. He intimated that will not be interrupted, must be a slow and he would positively not carry on the duties of uncertain process. The present position of hon, secretary after next year if they had no! Russia in Southern Manchuria and the amalgamated with the Army Rifle Association Liotung Peninsula is grave in the extreme. conceming which discussion bad been raised.

adivostok though useful as a secondary In addition to Mr. Northcote's re-election, the Mr. Marshall said:-Mr. Chairman, and base, on condition that the port is ad longer following committee was appointed: Mr. A. gentlemen, I have much pleasure in seconding Ben-bound is a long waybif: Port Arthur is on Mr. Parker, Mr. Peaning, Sergt. Major Roberts, senlod. The report before us combined with the retained by the liquidator, he undertaking | left

Chapman, Col-Serg, Cross Mr. MacDonald, the adoption of the report and accounts as pre-of the comp by and of the liquidator thereof The CP R. Co's se Bmérest of India imap.my on roth Just for Victoria aison. Voles of thanks to Mr. the able speech we have just heard from to destroy, the same upon the dissolution of the and Vand

carried unanimously French Mail, will

4a.m., for thi

the point of being isolated and the dispatch of troops and stores by aca has already, became impossible. Port Arthur, fallen, or invested, THE Beer to drink in the tropics is the Bear

gande in the tropics-SAN MIGUEL

"That the account submitted to this meeting and showing the manner in which the winding up has been conducted and the property of the company disposed of, including the proposed distribution between the two above mentioned employés of the company any sum which may remain in the hands of the liquidator by reason There being no questions, the Chairman of the expenses of closing the-liquidation fall proposed that the report and accounts as pre-ing short of the above-mentioned estimate of

L407-115, be received and adopted. serted be adopted and passed.

Mr. H. D. Stewart then proposed and David The C. & M, Cosas. Zadru, et Manila to Mclean seconded-sday at 102m, and if dee here on Monday, at

"That the books, accounts and documents1 p.

The A., Coss.5. Braemar from New York is due here on 28th inst.,

the next