1905-09-02 — Page 4

Entimations.

A. S. WATSON & CO.,

LIMITED.

WATSON'S

E

VERY OLD LIQUEUR

SCOTCH

THIS.

THE HONGKONG TELEGRAPH SATURDAY, SEPTEMBER

SUTR

partners finds himself in the bankruptcy All communications intended for publications in

The HONGKONG TELEGRAPH should court, and, it may be, the stability of the bank addressed to The Editor. 1, Ice House Rosd, and endangered. The cynicism of the Official ahruld be accompealed by the Writer's Name and Receiver who says "Oh, this sort of thing Addre 13. les munication should be address is as common as little apples" can easily be The Editor will not undertake to be repaisible for accounted for by the fact that he meets 50

any rejectal MB sior to return any Contribution.

many forms of bad debtors that only an SUBSCRIPTION RATES (IN ADVANCE), angel could refrain from a contempt for the veneer of what we term business acumen,

The Manager.

3)AILY—$30 per annum. WEKKLY-$13 per aquam.

secossible to inessenger. Or, cuples sent by pow, an

miditional $1,40 per querer in charged for postage.

HONGKONG HOTEL COMPANY,

HALF-YEARLY MEETING.

2, 1905.

The rates per quarter and pur avensent, proportionat, But we venture to submit that this is a ques Potts, William Taylor, L.S. Lewis, J. E. Chap there was a good deal more to be leaned on The daily aus in delivered free when the fretion which directly affects the investing public, and may possibly have results on the The postage on the weekly issue to any part of the well-being and prosperity of the Colony. At any rate the question is there, and it is for the Chinese financial authorities to give it their attention.

world is 50 cents per quarter, Single Copine. Dally, ten cents: Weekly, twenty.

Ara conta...

BIRTH.

On the 2nd September, at "The Cottage," the wife of EDWARD A, HAM, of a daughter. [895

LOCAL AND GENERAL ONE case of plague was reported up to noon

The notice calling the meeting having been read by the secretary,

|

TELEGRAMS.

"HONGKONG' TELEGRAPH

SERVICE.

TYPHOON AT SHANGHAI,

CITY FLOODED.

GREAT WRECKAGE IN SHALL SHIPPING.

[From Our Own Correspondint:]

Shanghai, 2nd September; 11.10 am.

A typhoon blew over Shanghai last night.

WHISKY. The Hongkong friegraph ige since the posting of the hotel dering the six monitis under review. His strengthened, and the sky, became overcast tained.

CELEBRATED

BLEND

OF

THE FINEST

WHISKIES

IN SCOTLAND

IS CHARACTERISED BY ITS

year.

Hongkong, Saturday, September 2, 1995. The King's Order in Council relating to China and Korea is printed in the Government NATIVE BANKS:

Gazette.

The stability of the native banks in Hongkong and Canton is frequently the occasion of serious heartburning among the petty traders of the, Colony, and should any

THE charge of perjury against P 5. Ledbury was heard at the Magistracy this morning with

closed doors.

THE cancellation of memorial of re-entry by

FINE FLAVOUR doubt be cast upon their solvency there the Crown of Section D. of Inland Lot No.

AND

MELLOWNESS

JATTAINED ONLY BY

GENUINE

QUALITY

LIEUT. W. Nicholson, of the Hongkong Volunteer Corps, has been granted leave of absence from the 28th ult. until the end of the year.

action would certainly affect European 42 has been registered.. houses. It is therefore a matter for investi gation when the methods of Chinese bankers are called in question. In the course of bankruptcy petition heard in Hongkong the other day a Chinese debtor, who represent" KOWLOON Odours* will occupy the attention ed himself to be a banker, made some of the Sanitary Board on Tuesday when corres- curious statements. He started, we will say, pondence sipon the subject will be read to the with a capital of $10,000-not a very large members. sum with which to found a fortune. He hecame partner in a bank and deposited his capital with the assets of the bank at the same time receiving an infinitesimal month ly payment as salary. It now occurred to him that there was apparently no reason why he should not become a borrower from the bank as well asja depositor, and con bine the duties of partner and debtor. Ile began to look around and found that one or A. S. WATSON & Co., two other native banks were open to re

AND

GREAT AGE.

Per Dozen $16.50.

LIMITED,

WINE AND SPIRIT MERCHANTS.

ALEXANDRA BUILDINGS.

ESTABLISHED A.B. 1841. Hongkong, 22nd July, 1905.

ceive partners who could bring a slight in crease of capital to their assistance. Ac cordingly, this Chinese banker borrowed money from the bank of which he was alteady a partner, and paid it into other banks, thereby becoming partner in half a dozen Chinese banks. Naturally he would be getting some sort of salary from all the banks, with which he was connected. And [32 49 a partner in the first bank from which be obtained loans, he was granted the money Lupon the bare mention of the fact that he thought he required it. No doubt le was, an honest, straightforward, conscien tious partner, but at least he should have been expected to deposit some security for these loans which were so casily negotiat ed. However, he continued this procedure for some time, and seemed to be prospering

GREGOR & CO.,

SPEAKING at Apperley Bridge the other day, Mr. E. P. Arnoki Forster said :-The Japanese know how to held their tongues; we are loo fond of babbling and cackling.

Owing to bad weather the M. M. Co.'s 5.5. Armund Rahic has been detained at Woosung until Saturday noon, and she will arrive here only on Monday evening.

IN THE TYPHUON.

+XPERIENCES OF THE S.5. "LENNOX.”

"August' goth, encountered typhoon; deck shareholders of the Hongkong Hotel Com-cargo all damaged; carpenter's teg broken. The ordinary half-yearly meeting of the fittings washed away; passengers' effects and

pany, Limited, was held in the hotel to-day. August 31st, put back." Such was the modest There was a small attendance of shareholders, official report of Captain F. McNair, of the .s Mr. W. Parfitt, chairman of directors, presided, Lennox, when he returned to harbour last even and among those present were Messrs, Edwarding after an encounter with the recent typhoon, Osborne und W. Hutton Potts, directors; P. C. But a glance at the hip's log-book showed man, J. A. Jupp, Ho Kom Tong, Chan Chan the subject, so a representative of the Tele Nain, F. S. Kadoorie, Capt. W. E. Clarke, graph paid a visit aboard. On the agth August Cept. F. D. Goddard, Sang Kee, and C. the Lennox lelt Hongkong for Callao, with a Mooney, secretary.

number of passengers and a full cargo of rice, The weather was fine and clear and a very mo derale monsoon sea was running. All went The Chairman said:-Gentlemen, as the well until about noon when a north-westerly The river rose very high, establish- report and accounts have now been in your breeze sprung up, with a light easterly swelling a record in the height to which hands for some days I will, with your permis- | running. These conditions, were experienced sion, take them as read. The business of the up to 4 p.m. when the north-westerly breeze the rise of water had hitherto at

I am glad to be able to say, been fairly good, The baronieter bad also commenced to fall and several of the departments showing animat that time was standing at 29.30, while strong The City was flooded for the niost provement in earnings. The directors antici.east-north-easterly swell well had set in, and the

part. Your correspondent, whose pate unastially heavy expenditure in the old speed of the vessel was reduced. An hour buddings and hydraulic lifts during the coming later the wind shifted to the north, the baro-office is on the Band, had to swim year; and consider that the sum proposed meter still falling rapidly, and at a few min- to be put aside for that purpose not more ates past 5 p.m. the mercury stood at 29.22.

home on leaving the office at midnight. than sufficient. With regard to the dou The weather thickened the sky became more There has been considerable dam- bling of the present capital of $600,000, overcast, and it could be seen that bad which the directors propose later on

weather was ahead. A fresh gale accompanige among the small shipping in recomiend to sitatetulders, this actioned by heavy squalls of blinding rain, started port, the larger vessels fortunately to blow at 7.15 p.m., and the sea was labouring passing through the storm without heavily. The engines were put to dead slow and all hands were engaged in securing suffering any injury. The river is the batches and making taut, in preparation for the coming storm. The swell increased strewn with a considerable quantity the vessel until, at 8 p.m., the decks of wreckage. The loss of life, among und heavy seas commenced to break over were constantly awash. The barometer then stond at 29.04 and very shortly after the wind the native boat population, which increased to a heavy gale, the sea rising and must have been great, is as yet un- rolling over the vessel in an almost constant stream, while to add to the confusion there were strong squalls of wind and rain. It was almost impossible for anyone to keep their foot- hold on deck, and at length heavy sea broke

to

is prompted by the wish of the board 10 make the apparently high dividends paid of late years bear a truer proportion to the actual earn in power of the company's assets of the pre- sent day. The value of the assets for some time past has appeared on the books as very much below their real value for earning profits, hence the dividends paid on such a small capital as the figures show may have appear ed remarkably high. The directors have good reason to think that' a large number of those wie patronise the hotel consider that such ap parently fat profits must necessarily mean some what unreasonably high charges by the hotel over the poop, flooding the cabin, de troying company for its wares, and they hope that if a large quantity of stores and damaging the catie furniture and fittings. The wheel-box and the increase of capital should be carried out, the gratings carried away, the hea-coop and which would probably, result in a reduction of live-stock went overboard, and awnings and the rate of dividend, this impression on the part tarpaulins were ripped to ribbons. The fury of of the public may be removed. Shareholders the gale increased, and the sea rose moun

tains high. At midnight the baromeler will notice from the accounts that since their

was at 29.15, and mi a.m. on the 30th last meeting Kowloon Farm tot No, 3 Section 2905. At 2 a.m. the gule had increased A. has been purchased. This land is being to typhoon force, and as the mountains of sea utilised as a vegetable garden and the directors dashed on to the vessel it seemed as if she feel confident that the improvement in the qua- now on the highest peak of the mountains of

must go down. Now in the trough of the sea, lity of the vegetables in a very few months time water the stubborn ship bravely rode through will warrant the expenditure. The paragraph in the storm. though each moment seemed, to our printed report as to the urgeat.need of funds the anxious ones on board, as if it must to repay the overdraft to the Hongkong and end this unequal struggle for supremacy. in the darkness there was a sound of reading Shanghai Banking Corporation may, the direc and then it was found that the tarpaulins, Lors fear, lead to a false 'impression that the battened down over Nos. 2 and 3 hatches, had Bank has been pressing the company for been literally blown away, while the deluging repayment. I wish to tell shareholders most seas flooded No. 3 'tween decks, making con emphatically that such is not the case. The fusion worse confounded, for the teething waters drenched the passengers (Chinese) and Bank has not called for repayment. The direc-played havoc with their belonging, until, even N. C. Os. of the Garrison and their families.tors consider that in the interest of the hotel above the howling of the storm without, rose They are requested to be in their seats by 9 p.m.,

the cries, shouts and execrations of the half- as they must go straight across the centre of

drowned and wholly wet and wretched passen. gers, of whom there were some 376 aboard, the arena to get to their places.

The officers, Messt Thomson (mate), Wright (and mate) and Price (3rd mate) then went and nailed planks across the hatches in The Chairman moved the adoption of the place of the lost tarpantins, and it was while performing this duty that Mr. Price was wash

IT is stated that the laying down of the lives for the Rappoon electric tramways is pro- gressing expeditiously and in a workmanlike manner along the main streets in various parts of the town.

THE Folkestone-Boulogne boats are now making the journey from pier to pier in seventy-

five minutes. In 1843, the year in which the first steamboat crossed the channel, the passage was one of four and a half hours.

PORTION of the ground at the "tattoo' an Tuesday next, will be reserved for Warrant and

HONGKONG is represented at a gathering of the world's Baptists in London. In fact, the places on the out radius of the map--China Bolivia, the Caucasus, and Winnipeg-from which Baptists have centered in the London

Congress, reveal in a surprising way the strength of denomination.

34, QUEEN'S ROAD CENTRAL, when suddenly there were signals of distress AT the Supreme Court on Monday, before the in the air, and the Chinese financier to whom Chief Justice, Sir Francis T. Piggott, the hear we refer was caught in the reaction and being commences of an action in which Messrs. Carlowitz & Co, are suing Sun On for $24,278 damages in respect of firecrackers supplied by defendants and which they allege were not up

1ST FLOOR

came a bankrupt. It was a common case to the Official Receiver, and nobody seemed to think anything about it: But surely there is something gravely wrong in allowing such methods to continue. The directors of an English bank who worked the securities of supposed assets of their bank for their own private concern would soon find them selves in Queer Street if it came to the car of the shareholders. And the director of partner who overdrew his account by sume thing like three times the money he had invested in the bank would find himself

CLARETS speedily under the ban. If these advances

FROM.

MIN MARCEAU,

Bordeaux.

AWARDS: GOLD MEDALS AT

PARIS 1900,

HANO! 1902,

BORDEAUX 1895,

DIJON 19914

LILLE 1902,

AMSTERDAM 1895,

Hongkong, 4th July, 1905,

had been made without security--but of course it is ridiculous to think for a moment

It

company it would be beter that new capital from shareholders should take the place of a large overdraft. If anyone has any questions to ask I will be pleased to answer them.

No questions were asked.

report and accounts.

Mr. Lewis seconded.

The moting was unanimously carried. Mr. P. C. Potts moved the re-election of Mr. Parfitt as a director of the Company.

Mr. Chapman seconded and the motion was carried

On the motion of Mr. Jupp, seconded by Captain Clarke, Messrs. H. U. Jeffries and A. R. Lowe were reappointed auditors.

The Chairman-Dividend warrants will be

to sample and consequently could not be dis-ready on Monday next. Thank you for your

attendance. posed of. Messrs. Johnson, Stokes and Master

Captain Goddard proposed a vote of thanks are appearing on behalf of the plaintiffs, and Messrs. Deacon, Looker and Deacon represent

to the directors, manager and staff of the hotel

the defendants,

for the very satisfactory results which had been attained during the past six months.

The Chairman returned thanks, and the meeting ended.

PRINCE Luca Esterhazy, who has enormous possessions in Transylvania, is about to erect a church on his estates which will be a model

of King Solomon's tempie.ruce Esterhazy is a mystic, almost a recluse, and for years has been engaged in the study of ancient Oriental architecture. He made a special study of the Biblical account of the building of Solomon's temple, and, while it is reported he does not intend so lavish an expenditure on cedar, gold

and ivory as marked the venture of the Hebrew

King, his church will be an exact copy of the original.

that the question of security would have been waived, so we need not touch on that point, We do not suggest for a moment that the

THE only countries which approach or ex- bankrupt in this case had not acted in a ceed Great Britain as tea drinkers are her bona fide business way. He was unfortunate colonies. Western Australia is easily first perhaps and failed where no doubt others with 10.07 lbs., per head and all the other had succeeded. But if such transactions divisions of Australia exceed Great Britain. are common in Hongkong how is the stabi Canada drink only 4.54 Us. In pounds per lity of the native banks affected 7

head per annum, Great Britain drinks 6.0 lbs., seems to us that it is a very serious Russia 0.93 h, Germany, 0.12 hs., Holland, 1.48 lbs., France, 0.06 hs,, and the United States, question. Quite true, a banker by invest 100 lbs. Stafistics are not available to show ing a few hundred dollars in this bank and whether the recent decline in the consumption a few hundred in the next bank may be of alcohol bas been accompanied by a cortes. guarding himself against a sudden rush on ponding rise in the consumption of tea, but up any one concern, and save at least a tithe of to 1903 the national affection for tea had grown

by leaps and bounds. his property should the crash come. But how can he be doing so when he only starts with a paltry capital, which he has to ske out to four times its size by a series of rather clever manipulations, meaning that he evades the matter of security on the ground of friendship or old scores of something of that sort? He has to pay interest for desirable signal light bave unexpectedly the money he has borrowed, and unless found one of exceptional brilliance and

AN attempt which is being, made to find an- other illuminant for the face of Dig Ben may result in a revolution in the method of lighting public clocks, generally, and, possibly, our own particular Pedder Street ornament, particularly, Electricians who have been carrying out ex- periments with the object of finding the most

his cabin, and on arrival here was taken to the

THE Courrier Saigonnais states that M. Gia hatch, and as he struck the corner of it his berteau, commandant of the ill-fated cruiser leg was broken. Attention was at once given to Sully, is said to be seriously ill and will him by the ship's dector and he was removed to probably be invalided home. Vice-Admiral Government Civil Hospital for treatment. Richard, who comes to take over command of the French fleet.in the Eastern waters, in suc-

cession to Vice Admiral Bayle, was expected Polynesien, along with Rear Admiral Kaiesel, at Saigon on the 30th ult, by the M. M. boat

chief of the staff.

THE opium curse has assumed such dimen. sions in Australia, in sphe of the comparative small number of Chinese settled there, that vigorous steps are to be taken for its suppres. sion. Meetings have been held both in Sydney and in Melbourne, and it has been resolved to urge upon the Commonwealth Government the necessity of absolutely pro hibiting the importation of the drug. "It is," said one speaker at the Sydney meeting, "a curse to white and yellow." The reformers recognise that the probibition desired will only mitigate the evil, and not abolish it, for what- ever the regulations, there are certain to be immense quantities smuggled. So far as the white community of Australia is concerned, the effects of the drug are most conspicuous in the case of women, and medical men are outspoken as to the ruin that is being wrought in this way...

THE WEATHER:

The following reports from Mr. F. G. Figg:

On the 2nd at 12.40a. The barometer has

rises at all stations from Foochow Southwards. The typhoon is situated to the E, of Shang- hai and is moving, Northwards.

Fresh SW. winds may be expected in the Formosa Channel, and moderate W, and SW. winds over the N. part of the China Sea. Forecast:—moderate W, wlads; fium

he has been uniformly successful in his is, penetration. By adopting mercury Vapor First Assistant of the Hongkong Observatory: they obtained a combination of green, vestments he finds it impossible one day to blue, and yellow, blue and green being meet all his obligations. It is fortunate the dominant hues, the yellow being provided falleo quickly at the mouth of the Yangtze, and when that day comes if the only sufferers by by the prescat light in the clock. The new his downfall are the other partners in the illuminant clearly defines the figures of the clock, and the effect is most picturesque. If it bank, who allowed him to run up an account is to be used as the division signal, it will be VIENNA 1902.

sans security, sans anything. For it is to only necessary to flash the bluegreen on the their blindness, their neglect of the com. present yellow light in the dial. If used as a permanent light, the combination will show up the clock tower for a distance of several miles.

ROUEN 1896,

[33-4 monest methods of business, that one of the

estimated.

THE AMERICAN BOYLOTY,

IMPERIAL DECREE ISSUED

FOR ITS SUPPRESSION,

[From Our Own Correspondent.]

Shanghai, 2nd September, 11.10 p.m.

at Peking for the suppression of the An Imperial decree has been issued

boycott aimed at Americans and American goods.

THE PEACE ZERMS,

JAPANESE OPINION.

{From Our Own Correspondent.]

Shanghai, 2nd September, 11.10.0.

Telegraphic advicas received in Shanghai from Japan state that the Mikado's subjects consider the terms of peace just concluded to be humi- liating to the Japanese.

ed off his feet and dashed along the deck, sus- raining severe cuts on the face and a badly strained back. The darkness was in- fense and though nothing could be seen bat the towering masses of water near and

THE GETY STARS. above the straining vessel, ever and anon that awful trembling of the whole structure told of

According to announcement thể Gaiety Stars another tremendous sea having broken over opened a short season at the Theatre Royal - her. The cries of the Chinese passengers were last evening, and if the performance gone fearful to hear; but what could be done! Their through can be taken as a criterion of what prayer to stop the vessel could not be regarded they have to show Hongkongites, there should for a moment; to stop were fatal, labour on be a most successful season before them, she must. At 8 a.m. the barometer read 28.95, When the curtain rose ou the stage was to be seen what at first resembled and from then unut now the weather remain. ed unchanged, save that the fury seemed to in-a gigantic punch bowl, but as one saw between crease, while the night's darkness scarcely the bars, of which it was built, two bicycles, one lifted, During this time some pig-pens knew that this was the "rack" for the screwed on to the deck, together with all wheelers "Whizz"--and "white" is no mis- the galley fittings and large quantities of nomer, for "whizz" it was as the brothers compradore's stores were washed overboard tore round the rim at lightning speed, and At 4 p.m. the barometer reached its lowest reminded one of the astonishing mechanical reading and showed 28.85. At this time a toys of youth. Mr. Eric Howell's songs, heavy sea breaking over the deck took charge illustrated by the most appropriate scenes of the carpenter and dashed him against thrown on a silken sheet from a lantern, were pleasing and well-rendered, while the songs and dances of Misses Ruby Maxwell, Maud Larelle, Lucy Stewart and Gladys Venn were each one marked by its delicacy of execu- tion and polite refinement. That all this was this time the men were employed keeping the appreciated was evidenced by the encores which deck scuppers clear, and then it was found that followed each item, and the number of floral in No. 3 hold the water, washed through the offeringe which licered, if bedecked, the stage. hatches, was over a foot deep. The pumps Dante's "turn" in up-to-date magic highly mission, until at & a m. the next day the wind him away" by describing his marvellous feats were then started and kept going without inter- delighted his audience, but we will not "give. began to moderate a little. Tremendous high of legerdemain, but will advise all who can do cross seas had still to be negotiated and no so, to go and see him for themselves, as he is change in this respect was noticeable until at decidedly worth a visit, being clever, clean, and 10 p.m. the wind and sea moderated and the "easy" in all he does. The very graceful ballet vessel's speed was increased, a course being set by the "Rosebuds" is another pleasing item The trick cycling of the to the south-east. At 130 a.m. the stench from prettily rendered the sea-soaked rice which, for the most wheelers which followedcaused both amazement part, formed the vessel's cargo was unbearable and amusement, but the marvellous feat of turn- and the Chinese passengers asked for delivering a somersauli over a big table without losing ance from it, even their olfactory nerves being control of the cycle is to be seen to be believ

ed, for Wheeler does it 1 More illustrated songs, unequal to the effort of sustaining ruch au awful specimen of smells. Meanwhile those this time interpreted by Miss Maud Larella unfortunate passengers in No. 3 'tween decks were then given, and Miss Gladys Vern then were battered about, bumped and bruised, took the house straight into her confidence at while their bozes were broken, their bundles once with her delightful coon impersona- bereit of wrapping, and their goods, and tions, all so daintily executed. The clog chattels washed about as each fresh deluge dances given by the ladies were very came from the decks above. Then it was fetching and won rounds of applause. that Captain McNair finally decided to return Dante's shadowgraphy, or manipulations of his to Hongkong, and the ship's head was turned hands to represent many strange things, is ad in this direction, and she arrived safely in mirable, while the piece de resistance is Whee- harbour last evening, he met the typhoon lers looping the wheel, about which we will only in lat 21,36 N; long 115 40 E. and was in say it must be seen to be appreciated. Altogether lat 21 33 Nilong 118 30 E. when she turned the "Stars" give a very good entertainment back. The officers speak highly of the vessel's and should receive a large share of local seaworthiness and her splended behaviour patronage. throughout all that trying time, and yet as she lay calmly off West Point to-day there was little to show, from cutward appearances, of the experiences she had gone through. On board there was a different tale to tell-a tale which has been too often told to need repetition here. One curious polot about her appearance at her moorings was that she seemed to lie on a huge bed of snow, which, on investigation, proved to be the thick rice- water, dumped from the holds and cover- ing the ship's sider. During the whole of that stormy night the captain and second officer never left the bridge, and there can be no doubt that in great measure it is due to the able seamanship of those aboard that there has not to be posted up at,"Lloyd's`as missing" sa, Lennox, from Hongkong to Callao,

SHIPPING AND MAILS:

MAILS DUE.“

Canadian (Tartar) 4th inst: French (Polynesien) 4th inst, Indian (Gregory Apcar) 4th iņst.. American (Coptic) 5th inst." | Canadian (Empress of Japan) 5th inst. Australian (Australian) 8th inst. American (Siberia) 13th inst.

The O. STS. Co. & C. M. 5. N. Co. 62.

Tenkat left Singapore yesterday evening, and is due here on 6th fast.

The O. & O. S. S. Co.'s 5.1. Coptic arrived at Manila on 1st inst, and will arrive here about naon, on 5th inst,