*
THE HONGKONG TELEGRAPH, TUESDAY, JUNE 6, 1905.
TELEGRAMS; HONGKung peak tramwAYS.
[Reuter's.]
Marriage of German Crown Prince.
LONDON, 4th June.
The Grand Duchess Cecilia, the bride of the Crown Prince, made a state-entry into Berlin yesterday.
The pageant was gorgeous and of medieval splendour.
Balticers at Manila.
· Admiral Enquist, with the Auram,
Oleg
MINORITY SHAREHOLDERS 18 ACTIVE
OPPOSITION:V.
SENCORRESPONDENCE
We do not necessarily endorse the opinions expressed by
Correrpondents in this column.3 40
THE PEAK TRAMWAYS CO., LD.
To ROITOR OF THE HouskoXO TELEDIAPH..
DEAR SIR, Following up my remarks made at the extraordinary general menting of the Tramway Company on the 3rd instant, which were anavoidably curtalled, and perhaps not covering the ground fully enough to make clear my objection to the deal, permit me, through the columns of your paper, to add a few further: points for consideration of the shareholders in
COMMERCIAL
SHANGHAI SHARE REPORT.
To-day's Advertisements.
The following resume of the week's share. transactions is from Mesir J. A. Sullivan and HONGKONG HIGH LEVEL TRAMWAYS Co's report published on the 1st Juneb
COMPANY, LIMITED. Business remains dull, and there is nothing of importance to record; but this quietude we expect will change soon now that the Japanese ORDINARY GENERAL MEETING NOTICE is hereby given that an EXTRA- INS have regained by their great and glorious vicnf the above-named Company will be held at ory the command of the ses. The visible the Registered Office of the Compiny, Alex- effect in London is a substantial rise of 5 per andra Buildings, on TUESDAY, the 20th slightly, but Indo-Chinas have fallen in Resolutions which were passed at an Extra- cent, in Japanese bonds. Docks have improv instant, at 12.30 P.M.," when the subjoined. sympathy with the Hongkong market. Lang ordinary Meeting of the Company, held on kats are unchanged, although there are signs Saturday, 3rd of June, 1995, will be submitted that the market is firming up. Demand on for confirmation as Special Resolutions. London has dropped to a/7 11/15. Hongkong
and the Jemchug, all damaged, lave arrived prove favourable to the adoption of such a the old company before the confirmatory: wires 717 for 3 days' paper, Consola £91
at Manila, with many wotinded on board..
Later.
The Russian warships in Manila are not damaged below the waterline, but the fun nels are riddled, and many guns dismounted The officers declare that the Japanese used a number of submarines.
The captain of the Aurora was killed; Admiral Enkvist was not wounded.
| meeting, which may or may not legalize the
encrifice of the old company to a new one.
I would have, as stated at the meeting, no
As the result of the meating on Saturday of The Hongkong High-Level Tramways. Co., Lid, at which it was decided to wind up the Company and to form a new concern to be known as the Peak Tramways Co., Ltd, good steal of dissatisfict on still prevails among those who constituted the minority. The vigorous protest made by Mr. D.F. Brown and other against the proposed scheme is likaly, we understand, to culminate in an action before the Supreme Court, should Counsel's opinion
course. The movement in support of this' procedure has not yet assumed definite shape but the maller was di cussed by several mem bers of the minority yesterday, and the pro bability is that a reference will be made to Counsel as to the chances of success should the "recalcitrants proceed further with their protest, and attempt in qua-h the decision of the majority at Saturday's theeting There can be no doubt that the shareholders who were in the minority feel very strongly on the subject. The statement made by the chaumin at the mecting that the shareholders were "practically solling the company to themselves" does not appeal to them in any way. On the contrary, they maintain that by consenting to the deci-old sfan of the majority they are really giving up two-thirds of the y due of their share.
objections whatever to a dissolution of the old company, and the sale of same to a new com pany, were the price and conditions of sale reasonably near an equitable value, and such as would enable the old company-or rather the shareholders in the old company-to con tinue enjoying the benefits the old company. has earned for them. These banchis are de monsirated by the company's ability to cam satisfactory dividends on a market price of $315.00 per share,
What position are the shareholders in the company going to occupy in the new company that is so anxious to absorb us? An, effort is being made to force a minority, repre ex-anting between 370 and 300 shares (out of
Mr. D. P. Brown, who was the leading ponent of the views of the minority at the meet
[N. CUP News.] The Emperor's Thanks to His Admiral.
Toki, 31 May. The Emperor sent a message to Admiral Togo on the 30th itat, in which. His Majesty states that the annihilation of the Baltic Fleet is an unprecedented su cess. He is gratifieding, stated to a representative of the Hongkong that he will be able to answer to the souls of Triegraph, there was a possibility that the his ancestors that their work is being thus quest on whether the minority were bound by
··completed.
the resolutions passed at the meeting might be submitted to Counsel fr consideration. So far, however, no active steps have been taken in the matter, but there is plenty of time yet for the minority shareholders to decide whe her they will carry their opposition before the Courts.
Another gratifying rescript has been granted to the Navy.
Disposing of the Prisoners.
Takio, 31st May, The number of prisoners has increased to 4,000, inclusive of tea pfficers who will be
quartered at Hatsuyama. The wounded men will go to Fukuoka, the healthy in Kumamoto
Bed' Rusume,
· Tokio Celebrates.
Tokio, 31st May. There is to be a municipal celebration of the victory to-morrow,
K
The Sole Survivor.
Taklo, 31st May, Generi Linievitch reports that the cruiser Almer arrived at Vikilivostok on the 10th inst.
A Suspicious Craft
Tokio, 3 May.
The Swedish tow-boat_Industrie (163 long vet) having on board a German who alleges that he is a correspondent of the Chefoo Daily New was captured on the 29th of May near Tsinghaiwei (south of the, Shantung Promon- tory) and sent to Sascho. The authorities, pro-
pose lo confiscate her.
How the Victory was won.
Tokio, 1st May. The newspapers exhaust their vocabularies over the naval success. Russin, they say, is not only stripped of all naval force, but she has forfeited-her last chance of recovering command of the sea, She took an uh conscionable time to come up to the scratch and her preparation distrubed the world's markels, but the instant the fleet arrived within reach of Japan's arms, Amiral Togo struck them down with the grey test ease and in most sufficient manner, "One cannot make ome- lettes without breaking eggs," but the fact that Japan has obliterated Russin on the Pacific and obtained five big ships at the cost of three torpedo boats has furnished a striking illustra tion of the truth that the man behind the gun is the ultimate factor in victory,
Some experts are of opinion that Admiral Reabdiestvensky endeavoured to reach Vladi- vostock, avoiding a battle, but that his bold apppearance at Tsushima was probaby due to paucity of coal and misleading information as to the whereabouts of the Japanese,
Admiral Roshdiestvensky might have be- lieved that the Japanese would be divided to guard the Soya, Asushima, and Asugaru straits. He therefore passed through the Balingtang Channel going eastward, then suddenly chang ed his direction and dashed for Tsushima at the highest speed possible His formation also fected contempt for the Japanese strength.
The point on which Mr. Brown has express ed himself very firmly is that by agreeing to the decision of the majority they are surrender ing twoshinis of their profits. In other words, the old company has a capital of $125,000 on which a net profit of $50,000 was realised annually. Under the new arrangement it is proposed to have a capital of $750,coo. The new line in the Pe.k will not be finished for three years. During that period those who were shareholders in the old company will be sharing their dividends on 1175 oco with those who have cone into the new company, and in stead of real ang a return on that moderate capital, they will tealise only a return on $750,000, which makes a vast deal of difference, It was not at all clear to the minority why they should suffer in this way, nor was it clear to them why they should accept 3:00 per share when the quotations up to the present time were much higher.
It is argued by Mr. Brown, as representing the "resisters"-who are by no means "pas sive "that the old company could have gone on with its operations for the next five years with the consciousness that they had nothing to fear from the proposed line. As a matter of fact, he is convinced that the old company would be perfectly able at the end of that time to fight the new concern, that event, there was the probability that the new company would come to the share holders of the old company and offer to amalgamate. Then would be the time to arrive at a proper settlement. Meanwhile the share holders of the old company would be sharing prolis to the amount of at least $50,000 a year on a capital of $125,000, instead of on a capital of $750,000. The minority at the meeting re- presented 271 shares. but is believed the a are others who would be on this side should an appeal to the nuts he decid upon.
We may add that by the unconstitutional legislation which made the Peak a close re serve for European residents only, our Chinese fellow-citizehe, no matter what their standing, social or financial, na natter what their mode and style of living-often equalling and in several instances surpassing in luxury, comfort and conveniences, the best of the Euro can population are excluded from residing within the reserved areas. It cannot be gain said that the Chinese form the mainstay of the Colony's prosperity, and it is due to the Chinese that the wealth of the Colony is secured and maintained. It is the dealings with the Chinese that enable our lare banks and cam inercial institutions to make the profits they do year after year. Andunless the Chinese popular Private reports state that the Japanese hoisted on increases in the same ratio in the future as theis fighting flags at two on the afternoon of in the past, it can almost be said that the future the 12th, The Agships Mikasa then signalled: development and progress of Hongkong must #The fate of the Empire hangs sulely on this assuredly be arrested. The bar against the battle, and all must use their best endeavours." Chinese, to reside at the Peak acts as a se The first and second detachments of the rious factor against any very large increase in Japanese, on the starboard side of the Russian the traffic which the new line hopes to create. columns, and the third detachment on the port And it is safe to assert that the estimate of an side, steamed alongside keeping touch with the increase by something lika 520 pár cent, over Russians who opened fire at 7.13 p.m. Sub the present traffic as the result of the inaugura sequently the Japanese enveloped the Russians,tion of the new line is too optimistic a view to who attempted to escape but were in ercepted be realised even in the most remote future. by destroyers. This state of affairs continued The district which the new line will tap in, av practically till next day, you the chairman on Saturday put it, "a very popu
lous one, but the fact should not be lost sight
The Russians seemed unaccustomed to night attacks by torpedo craft, during which they use their search-lights surprisingly, since they thus exposed their own location; MANA
It is stated that the Russian prisoners quart ered in Japan gave repeated hurrahs on bearing of the Tsushima defeat, hoping that it would mean peace sŪDO,
THE WEATHER.
The following report is from Mr. F. G. Figg, irst Assistant of the Hongkong Observatory
Do the 6th at 12.5 p.m. The barometer has fallen over the China coast and Luzon.
Pressure is low over China Gradients are moderate, and fresh S to SW winds may be expected in the Formosa Channel and the N Frart of the China Sea --
|
a
ago), to give up their interests in the entire ownership of the present company carning net profits as it doss of about $500co per annum on capital of $135,000. And what are we pro. writed in return). A third Interest only in a new company capitalised at $750,00, whose only hope of a revenue return for the next three and possibly four or five years will be the revenue earned by the present company, and we will have to remain satisfied with a 'division of only one-third of those profits.
Is this an inviting outlook for shareholders in the old company? And is it not worthy of reconsideration before giving away "the goose, that lays the golden egg," which appears to be the plum the new company is after at half its value as an incentive in inviting investment, by the public in the new company.
Wharves Shanghai and Hongkew Wharf shares have been bought at Tis: 186 cash and at Tis, 185, 187 for yesterday's settlement. July sales have been made at T1, 189, September at Thu. 192j, aby
· Shipping Indo-Chinas have been bought for cash and May's account at Tis. 87, Tis. 871 and Tls, &1. For June Tls, 88 has been done. July sales have been recorded at Tis, 88, Tis. rates to-day. Tugs are reported sold at Tls. 851 and Tla, 87. Shares are offering at cheaper 19 for ord' and Thr. 48 for pref. shares
Docks-Farabam Boyds have improved a few points in consequence of the collision in the river between Afaria Valerie (5.) and Pingury (s.) necessitating the former vessel being docked. Sales have been made at fis. 1561,158, 58, Thu, 159, Tis. 159,159. for cash and yesterday's account. June sales are re- ported at Tis. 161,160. July at Tis. 161},163, August at Tls 165) and Tls. 163.
Lands-Shanghais have had attention at Tis 118,120 and are wanted.
Cottons -Ewos have been sold at Tis.
37.36). Internationals at Tis, 36, Laou-Kung- Mows at Tls. 3.
BugarsPeraks have changed ownership at Th. 72 and 71s. 71 for June, and at Tls. 76,75 for October.
Mining-Chinese Engineering and Mining
shares have been placed at Tia. 7.30 10 7.40 for better reposts being received from the mine, and sales of shares have been made at 86 to $71, bares are in demand,
cash. Wel-bai-weis have advanced because of
Tobaccos.-Sumatras are reported sold at Tls. 6 In Langkats cash shaies have been 2231, Tis. 324,2241,225. For june 11%. 215 has purchased at Tis, 225,324,125, 2331,222). Tls. been done and shares are wanted," Joly at Tit. 230 and Tls. 226 September at TI1, 228.
TO-DAY'S EXCHANUK,
Selling
Lon lon-Bank T.T.
1 demand. Do
4 months! sight ................ France-Rank T.T...... America-Bank T.T.....
erman-Bank T.T. dia T.Tem
Do.. demand.....
To my mind the argument, used by the general managers at Saturday's meeting, seem ed more of an effort to invite investment in the new company than to justify the dissolution and sale of the old company, and unless i am very. much mistaken, those same arguments are likely to appear liter on in the prospectus of the new Company, if forme inviting invest-lava-Bank T.T. 'ment therein...
I fancy, however, if the general managers and consulting committee, who repersent, we are told, seventy-five per cent of the capita! are so anxious to dispose of the present fram way company for $150,000 they will pro bably find the public more ready to buy at that price than invest in the new company even with the old company as a "nest egg."
Shanghai-Bank T.T. Japan-Bank T. Tan.....
Buying.
RESOLUTIONS..
1. That it is desirable that the Company nity be dissolved and that it be wound up voluntarily.
That the General Managem be and they
are hereby appointed Liquidators,
3. That the Liquidators ba and they are.
brreby authorised to consent. to the registration of a New Company to be named the.
Intimations,
SPECIAL
SALE
ROBINSON'S
PIANOS, PIANOLAS
Music AND MUSICAL
INSTRUMENTS
PREVIOUS TO REMOVAL.
"PEAK TAMWAYS | GUARANTEED NEW INSTRUMENTS COMPANY, LIMITED" with a Memo Tandum and Articles of Association
· BY ANY ENGLISH MAKER- which have been prepared with the approval of the Consulting Committee of the Company.
4. That the Liquidators be empowered to sell in the PEAK TRAMWAYS COMPANY, LIMITED," the under taking of this Company at the price of $10 per share either in cash or shares of the PEAK TRAMWAYS COM- PANY, LIMI ED," at the option of Shareholders of this Company and, to enter into all necessary Agreements to that effect.
JOHN D. HUMPHREYS & SON, General Managers. " Dated 6th June, 1993,
GRADUATE or ENGLISH UNIVER. I
A SITY, with Several Years' Experience
WILL BE 'SUPPLIED AT LONDON PRICES. We supply Superior value to any thing to be had in the Colony in Tone, Price, and Appearance in First-class German Makes,.
suitable work. Present engagrinent expires
TEACHING, would like to undertake Do the end of this year.
6.h June, 1905.
THEATRE
CITY HALL.
tested 30 years by us,
THE DALLAS-BANDMANN | own Make
OPERA CO.
[63
Metzler Pleyel... Collard
$850 formerly $475
425
650
500
700
Do Grande
050
1,400
425
660
Allison Rachals
430
650
575
750
ROYAL,
Winkelmann
625
750
Haake
525
850
Krauss
685
050
800
450
.. 10 7/16
1/10
LAST NIGHT! LAST NIGHT! (TUESDAY), &h June,
.239
LAST NIGHT OF THE SEASON,
...45
1.90
LAST NIGHT OF THE SEASON, "THE GIRL FROM KAY'S "
Hopkinson Brinsmead Kirkman... Pleyel
600
700
400
750
$325
200
140.
.140
PRICES AS USUAL.
Collard Grand Lunau- ...
800
150
Doors Open at 8.30 P.M. * Commence 9 P.M.
112
Plan at ROBINSON PIANO CO.
Pianolas
F. C. GARTON, Manager.
Do
400 ta
285
$550
300
Hongkong, 6th June, 1915.
IMPERIAL GERMAN MAIL LINE. NORDDEUTSCHER LLOYD, BREMEN,
STEAM FOR HIOGO AND YOKOHAMA,
[5ος
Pianola Rolls 25% discount.
a months' wight L/C............. 4 months' sight L/C.
....1/10/ 30 days' sight San Francisco & New York 451 401
4 months' sight
da
37 ilays' sight Sydsey and Melbourne......./ti manths' sight France auùm.in.d.39 months' sight
months' aight Germany.
Bar Silver......... Bank of Pagland rate
24
But why riot le! well enough alone? The 1 Sovereign denenmoinade ü0.63HE Imperial German Mail Steamship
old company is strong enough and surely doing well enough. Let the new company.go ahead with their "Findlay Smith Concession" and build their new line and operate it against us for a few years when, unless I am very much mistaken, they will only be too glad to to sell out to us at a price considerably less than it is going to cost now to build their line. In conclusion, I will not be found antagonistic any proposal that is going to benefit the old company, and my attitude now is only protec tion of the interests of its present share holders, one of whom I am. It might have; been made an acceptable proposition to all the shareholders if a more equitable price had been offered for the old compiny, or had, a larger percentage of ownership than one-third in the new company been offered as s me induce ment to give up a reality for a shadow,' Surely, the value of the old company to the new company, either as an asset or an inducement to investment, is worth at least a 50% interest in the capital of the new complay, and why the general managers and consulting committee recomiend letting it go for less I fail to unders stand. Then, again, is our reserve fund of $occo to be given away to the new company in enable then to buy out the Findlay Smith Concession to say nothing of our other written down and valuable assets ? It is a wonder under the circumstances that we were pileted in the liquidation proposal a distribution of the undivided profits of the current half year; and it is to hoped that there will be sufficient dissenting shareholders at the confirmatory meeting to vote down and prevent this enforced sacrifice of our interests and also prevent the necessity of testing its legality, denta Thanking you in anticipation,—I remain,
"D. E. BROWN, Hongkong 6th Jane, 1905
CIC,
STOSSEL AS UNIVERSAL PROVIDER.
The evidence before the Commission of in- quiry into the surrender of Port Arthor has
of that the population inhabiting that district - been steadily unfavourable to General Sissel below the le ol of Conduit Road, is one whose Other officers from the fortress declared that means no matter how great the r wish might be General 86ssel very rarely visited the fighting to take advantage of the cars are limited, and e. He devoted his principal energies to it is doubtful whether they could afford a daily outlay of 20, 30 or to ceas-which it may be raising food for the garrison—or, at least, for assumed will be the fares fixed by the new such part of it as could afford to pay him bis tramway, in order that it may be brought into price. One officer testified that he paid £3 harmony with those on the existing line. Wo have been all along of opinion that the new ros. 10 the General for a turkey, and that Mme. line will tap a very promising district, but that Siouel owned 40 cows which were well fed, the traffic created will be anything like that while the soldiers were on short rationa. She enjoyed by the parent company-which secures sold the milk at 24, a bottle. Final the patronage of the military to a large extent that the only officers who support
it came Genéral and of the European population-already re siding at the Peaks extremely doubtful The Sidsel at the council of war when it was catchment area for the Pokfulam reservoir is decided to surrender ware Colonel Reiss and proscribed ground, within certain limits of which the Commander of the Retustan.-L. no building can be erected, and it is thus clearly Expres to be seen that the residential alter likely to become available in the future at the Pea must be exceedingly limited
Since our representative saw Mr. Brown wo Forecast-fresh SW, winds squally, thun have received from him letter which appears
in another column, EL-HA7]
derstorm
OPIUM QUOTATIONS. To-day's quotations are as follows in Malen New ..........is
Old
#1
14
11
Older m Oldest....
Paina New Henares New Pizusan +Pantr
Per picul ....(§. 1,140 .@ 1180 ..@1,330/1,260
© 1,340
Peint
1,171
...... 1.085
R TRAIND
To-day's Advertisements.
THE DAIRY FARM CO., LIMITED, AUSTRALIAN FROZEN MEATS. QEEF.-Sirtoin, Rump of
Porterhouse leak...30 Cents per lb. Soup Meat...
15 Various ammmmm:)2 MUTTON-Loin Chops .....32
Leg.
י
kib idiom Fore Quarters........ Breast LAMU-Ler, Loin Chops or
Hind Quarters Rib Chop.....i Fore Quarters PORK.-1 eg or | oin.......
Chops... Shoulder...........
לו
11
ן
28
.40 37
1
19
NOTICE Orders received before & am. can ve filled at Noon.
Orefers received before Noon can be filled at 3-37 pm.
6lled first thing the next morning.
Orders received before 3.30. p.m. can be
3. Minnassau 6th Jane, 1905.
INDO-CHINA STEAM NAVIGATION
COMPANY, LIMITED.
FROM CALCUTTA, PENANG AND SINGAPORE. THE Company's Steamship
(15
NAMSANG" having arrived from the above Ports, Consignees of Cargo by her are hereby informed that their Goods will be delivered from alongside.
Cargo impeding the discharge or remaining on board 'after 4 PM. the 8th instant, will be fanded at Consignees risk and expense into Godowns at East Point
Bills of Lading will be countersigned by
JARDINE, MATHESON & Co.,
General Managers. Hongkong, 6th June, 1905,"
No Fire Insurance will be effected
[460
|
REGULAR STEAMSHIP SERVICE TO NEW YORK VIA FORTS AND SURZ CANAL, (With Liberly to Call at Malabar Coast). PROPOSED SAILINGS FROM HONGKONG.
MONTROSE!
About 27th June, 15th July,
"WILLEHAD,"
Capt. Obenauer, will leave for the above places,
These instruments are GUARANTEED for the Climate.
Hongkong, 16th May, 100t
CAFE WEISMANN,
TOMORROW (WEDNESDAY), the 7th THE Fublic are invited to pay a visit to
instant, at Daylight.
For further Particulars, apply to
NORDDEUTSCHER LLOYD),
MELCHERS. & Co.;
.Agents,
Hongkong, 6th June, 1995.
IMPERIAL GERMAN MAIL LINE. NORDDEUTSCHER LLOYD, BAṛMEN.
NOTICE TO CONSIGNEES.
THE Steamship
"WILLEHAD" having arrived, Consignees of Cargo are hereby informed that their Goods, with the exception of Opium, Treasure and Valuables, are being landed and stored at their risk into the Godowns of the Hongkong and Kowloon Wharf and Godown Company, 1.imited, Kowloon, whence delivery may be obtained.
Optional Cargo will be forwarded unless notice to the contrary be given before. 8° & M, TOMORROW MORNING.
No Claims will be admitted after the Goods have left the Godowns, and all Goods remain. ing undelivered after the 13th instant, will be subject to rent.
All broken, chafed, and damaged Goods are to be left in the Godowns, where they will be examined on TUESDAY, the 13 li instaut,. at 9.30 A.M.
All Claims must reach us before the 19 h instant, or they will not be recognized.
No Fire Insurince will be effected. Bills of Lading will be countersigned by the Undersigned.
NORDDEUTSCHER ̈LLOVI.
, MELCHERS & Co., Agents.
13 Hongkong, 5th June, roos
FROM-HAMBURG, ROTTERDAM, ANTWERP, PENANG AND
THE H
A SINGAPORE. THE H. A. L. Steamship
AMBRIA Captain Porzelius, having arrived from the above porta, Consignees of Cargo are hereby requested to send in their Bills of Lading for countersignature by the Undersigned and to take immediate delivery of their goods from alongside.
Optional Cargo will be forwarded unless notice to the contrary be given before TO.. DAY.
Any Cargo impeding her discharge will be landed into the Godowns of the Hongkong and. Kowloon Wharf and Godown Co., Limited, and stored at Consignees risk and expense.
All Claims must be presented within ten days of the steamer's arrival here after whích dele they cannot be recognisedi, ma
No Claims will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the 13th instant will be subsect to rest. A TER All broken, chafed and damaged Goods are 1905.
to be left in the Godowns, where they will be Pod examined on the 13th instant,ni 3 P.M. No Fire Insurance has been effected.
HAMBURG-AMERIKA LINIE Hongkong Office. Hongkong, 6th June, 1903.
For Fm and farther Information, apply
DODWELL & Co., LIMITED,
Hongkong, 6th June, 1905, 25
our paw TIFFIN ROOMS,
The only place of its kind in Hongkong.
A VERITABLE FAIRY LAND.
REAL GERMAN FASS BEER ON DRAUGHT.
Entrance-
Nn, FA, WYNDHAM STREET. Hongkong, d April, 1905,"
THE POPULAR
SCOTCH
"BLACK&WHITE
JAMES BUCHANAN & CO. SCOTCH WHISKY DISTILLERS. By Appointment to EM. THE KING
and
FIPH the PRINCE OF WALES
[16
Supplied at all the LEADING CLUBS and. HOTELS, and to be obtained from the principal Stores
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