1905-09-02 — Page 5

THE

HONGKONG TELEGRAPH SATURDAY SEPTEMBER 2, 1905.

TELEGRAMS. HONGKONG CUTION SPINNING, The Peiyang Kuna Pan gives the share of

· {Reuter's.]

France and Morocco.

LONDON, 31st August. The Sultan of Morocco has released the Algerian Chief, but the other French de mands are not yet conceded.

WEAVING & DYEING CO., LD.

ANNUAL MEETING.

The ordinary annual meeting of shareholders in the Hongkong Cotton Spinning Weaving and Dyeing Co., Ld, was held this afternoon at the offices of the general managers, Messrs. Jardine, Matheson & Co., with the Hon. Mr. C. W. Dickson presiding. There were also pre- sent the hon. Sir Paul Chater and Mr. A. G. Wood (consulting committee), Messrs, J. R. M. Witte's Announcement of Peace Michael, T. W. Hornby, Yoen Hop, Lo Cheung

to the Tsar.

Shiu, Ho U Shang, Ming Ker, Wong Kun M. Witte, in his telegram to the Tsar an. Fong, Cheong Ming, Fok Yim Kam, A. Shaw nouncing peace, says: "I have the honour (manager) and A. Brook Smith (secretary)

The notice convening the meeting having to report that Japan has agreed to your de

been read, mands concerning the conditions of peace,

The Chairman said:-Gentlemen.For the which is established in strict conformity to first five months of the year covered by the Your Majesty's indication that Russian is to statement now before you, the company labour remain for every as hitherto, a Great Powered under advene conditions, the high cost of in the Far East.

The Anglo-Japanese Agreement,

Later,

Reuter's Agency learns that the Anglo- Japanese agreement was signed by Lord Lansdowne and Viscount Hayashi on the 12th of August. It affords mutual guarantees, for the protection of Anglo-Japanese interests, even if threatened by a single hostile power, and assures the maintenance of the status que in the Far East.

France and Morocco. Later despatches from the Moorish Gov- ernment relating to the release of the Algerian chief, contain terms and reservations which France cannot accept; the incident there

fore is not settled.

WAR DEPARTMENT ROADS

TO BE CI SED NEXT THURSDAY.

|

profits each Mint is ordered to provide annually 'towards the expenditure of the Lien Plag-chu (Military Commission), amounting to a total of 7,050,000 tnels. Doubtless these mints will continue to give a profit, at least until the quantity of coin produced by them reaches the point at which no more can be absorbed by internal Commerce. It is not unlikely, however, that the Chinese Government imagine that they have here a percfinial source of profit and to warn them against the danger of deprecia tion owing to over-issue, seems a quee legii- mate step for the Representatives of Powers to take, who have Treaties containing a clause similar to Article II of the British Commercial Treaty of 1902. Whether the Representatives of Powers which have not concluded such Treaties can nevertheless appeal to the British, American, and Japanese, is of course

question for them to decide.

CABLE COMMUNICATION

INTERRUPTED IN THE NORTH.

TO-DAY'S EXCILANGK. · Salling,

London-Bank T.T..................

Intimations.

Do. demand..................11.1/6 SPECIAL SALE

Da.

4 months' sight.../ 3/16 -

Fence-Bank T,T. America-Bank T.T. Germany-Bank "T.T.

Indin T.T.......

Mr. A. B. Skottowe, superintendent of the Eastern Extension Telegraph Co. informs us, that communication with Shanghai on that company's cable being interrupted temporarily by foods at Shanghai, there is considerable detay on traffic with North China.

Mr. Olaf Nielsen, superintendent of the Great Shanghai-Bank T.T. Northern Telegraph Co, Ltd., states that tele graphic communication with all places in China north of Shanghai is totally interrupted.

Do. dumand

.2.40

461

.1.96

1437

1431

AT

ROBINSON'S

OF

Singapore T.................9% prom. PIANOS, PIANOLAS, Japau-Back T.T. ................................94 lava-Bank T.T.

MUSIC AND MUSICAL

Buying.

Both our Shanghai-Nagasaki cables became merrupted during the typhoon yesterday. | i months' sight L/C, at 12 5/16 Traffic for Japan will be forwarded by steamer 4 months' sight L/C......... ..........1/11 7/15 to Nagasaki and will consequently be heavily so days' sight San Francisco & New York 471. delayed.

I months sight

-

*10...

30 days' sight Sydney and Melbenma 1/11 g/t5 4 months' sight Francs...................... 14 3 45

INSTRUMENTS

OF ALL KINDS

PREVIOUS TO REMOVAL.

200 The following Planos are thoroughly sound

and reliable, and are

using ....28 1/16

expected an telegrams from and to Shanghai Bank of England rave.......................} % (Any) and places beyond

COMMERCIAL.

WEEKLY SHARË REPORT.

In their share report of rst inst., Messrs. Benjanin, Kelly and Potts state:

Sovereign

GPIUM QUOTATION, To-day's nations are as rollamt

Malwa New...

+

Okler Oldest

Patna

Okt.

,

The whole cable traffic between Hoogkong and Shangbai being thrown on to this Com Chairman of the Chamber of Commerce re-pany's cable in consequence of the interruption | & manthe sight

of the Eastern Extension Company's cable months' sight Germany. cotton not permitting of profitable spinning, fers the Diplomatic Body to the statements and it was not until the end of November that given on pages XII and XIII of the Report on

between Foochow and Shanghai, delay may be | Baş Silver it was possible to work fa i trine, after having, the Trade of China and Abstract of Statistics on an average, run three-fourths of the spindles published this year by the Imperial Maritime four days per week for eleven months. To Customs. The publication estimates the out? again get together the labour necessary to work put for 1994 at 1,745 millions of copper pieces fuil power was a tedious matter, and it was not (variously denoted as one hundredth of a dollar until the end of March that the required num- and ten mills), while the Chairman of the ber of operatives was secured,, Many of these Chamber estimates that when the whole of the were unskilled and production has consequent. Mints, new and old, are in operation, the an ly been indifferent, but it is anticipated that nual output will be 16,413 million pieces, ur with cooler weather there will be a consider neatly ten times as many. An explanation of able improvement in this respect, as the recruits the apparent difference between these two esti- are gradually acquiring proficiency. There mates is to be desired. And further, as these

new coins are presumably to replace the exist was a good demand for our yarns during the first half of the present year, and advantage ing cash, it would be useful if the Chairman of was taken of it to dispose of the whole of the Chamber could inform us. how many of our production to the end of December, such pieces (including fractional coins such as buying simultaneously the requisite cotton he speaks of in the last paragraph of his letter)

Banks Hongkong and Shanghai Banks have further depreciated in value and shares have at prices which bow satisfactory margins.wuuld, in the opinian of his Chamber, he re Since the plibfication on 3rd July of the quired for à population of 400 millions of pen-been disposed of in small parcels at $870 and

ple. United States Agricultural Bureau's report

3875, but at the close the market is firmer with The Chairman remarks that in permitting inquiries at $ESO. The "Londen quotation is indicating a serious falling off in the condition of the American crop as compared with 1904, the Provincial Authorities to produce these ties. There is no change in Nationals. speculation, the curse of the cotton spioning Cash pieces in varying intrinsic values she

Marine Insurances.-Unions continue on the industry, has been rife, and, assisted by the (China) is evading her treaty obligations.

rise and are

now quoted at $770. Cantons smaller area planted in America this season, Something more explicit than this statement is have advanced to : 340 but at this rate shares necessary as a foundation for a remikstrance to the Chinese Government against ceston of treaty obligations.

•

It is desirable that precise informațion, at- companied by exparte evalence, shoul be furnished as to whist monts have produced ten cash pieces of a less intrinsic value than the assumed standard) and to what extein such issues vary from the standard.-

Henares

Although business still conlistes rather re- stricted, rates have been well maintatied and in sevend instances show a gain on the pre- vious week's quotations. No doubt, the ter Persian minution of the war will hava beneficial effect on the market generally,

can be premied China Traders have still fusther haploved and are wanted at $81.

Fire Iisummas. -China Fires have been done at $49 and more shares com be placed Hongkong Fires ac to be had at $335 after sales at this figure.

* Shipping-Hoh kong, Canton and Macao Steamboats remain firm and have buyers at $24. Indo-Chinas have weakened and are

Doctor Knappe, H.I.G.31. Consul General and offering it 594. There is nothing doing in

Senior Consul,

· Present.

Sir, have the honour to acknowlege re-

In accordance with para, 232 "Regulations "bulls" have succeeded in rushing the price for Engineer Services," 1900, all War Depart of American colton up to a high level. Natural ment Roads in the Command will be closedly Indian cotton, which interests us more, has from am on Thursday, 7th September to been affected, but I am glad to say not to the 6 am, on Friday, 8th September, 1905. Bat same extent. The outlook for the company is riers will be erected at the following places at the moment not unpromising, and we may between the above named hours-Junction indulge in the hope that there may be a con- of road from East Married Quarters with tinuance of years not worse than that we are Queen's Road opposite Arsenal Yard; junc: now discussing. I trust you will approve of tion of road from Victoria Barracks with the manner in which it is proposed to appro- Queen's Roath opposite Wellington Barracks; priate the bilance af credit of profit and loss junction of Nullah Road with Queen's Road; account; your property is in first ate con- junction of read south of Murray. Barracks, |dition, and stands in the books at indeh with the public read at St. John's Cathedral; below replacing cost. Before proposing the junction of road leading by Victoria Tartacks adoption of the report and accounts, I shall be with the Kennedy Road above the New pleased to answer any questions relating to Magazine: junction of path leading from near them that may be put. Head Quarters House guard room to Kennedy Road road leading from Kowloon Dock Bat tery to Kowloon Dock; puh leading from Hong Hom te Dock and Fast Batteries where it crasses W. 13, land; path leading from

On the proposition of Mr. Hornby, seconded Lyemun Forts to Lyenum Hill; path leading from N.W. corner of Whitfield Barracks, Kow. by Mr. Lo Cheung Shin, the Hon. Sir C. Pin the memorandum, loon, which crosses cricket field, to Robinson Chater and Mr. A. G. Wood were re-elected to road; path crossing centre plot of land at Kow-the consulting commitice, and on the proposi- loon; W. 1). portion of Fletcher Street; Murtion of Mr. Yuen Hop, seconded by Fok Kam ray Battery Path across Glacis ; path leading Ving, Mr. W. Hutton Putts was re-appointed from Kennedy Road to Mairied Quarters: Pinewoodapproach road from Victoria Battery:

Pinewood Battery to P. F. Cell. Sentries will be furnishedate.ch of the above named barriers, and no one will be allowed to pass during the 24 hours, except ufficers and soldiers in uni form, members of the Hongkon Police Force, letter carriers, visitors to Head Quarters House, or persons. employed there, civilian foremen and labourers of the Armyrdnance Depart. ment, and workmen employed by the W. D. contractors, if accompanied by a N. C. O. or sapper of the Royal Engineers:

FINANCIAL RETURNS.

JANUARY APRIL..

The

There being no questions the Chairman pro- posed the adoption of the report and accounts.

Mr. J.-R. Michael seconded. Carried.

auditor.

OFFICERS.

12

The Chairman. That conchides the busi- 95. Dividend warrants will be ready on Monday.

COPPER CASH.

A CURRENCY DANGER.

ceipt of your letter of the 13th July enclosing copies of a letter and memorandam received from Baron Mumin von Ferwarzenstein, Dayen of the Diplomatic Braly in Peking, telating to the minting of Copper Cash in China

;

I note from the letter that the question was thoroughly looked into by the Ministers, bot that several of those present wished for further in formation on several points, which are set forth

The information given by the Chamber was derived from Merchants and Baules who have given careful study to the question, lost it is extremely difficult to obtain rough onofficial channels absolutely accurate information is in

the present producing power of the various mints established. If the 4 Mints which ap.

China and Mamas and Douglas Steamships. Star Ferries are still an offer at $33 and $25 for the old and new shares. Shell Transports can be placed at 21s. Shanghai Tugs paid their interim dividend of 11s. 2 an ordinary and Tls. 1 on preference shares on the 28th ulumo. and we now quete them at Tls. 58 and Tis. 48 respectively.

Refineries-China Sugars have hardened and are in request at $234. Luzans remain waik a $23.

Mining -- Chinese Enginearings have been sold at T. 7.20. The closing quotation in Shanghai is T19. 71, at which rule shares are offering. Brubs are still in demand at $ji.

11.

....10.45

Per picul

.....( 1,100

...@) 1.185

Perast

1,1123

A 1,375 €1.350

... 1,590

1,05

Co-day's Advertisements.

GOVERNMENT NOTIFICAȚION.

GUARANTEED

FOR THE CLIMATE. '?

Intending buyers should not miss this. most favourable opportunity of securing one of these Great Bargains.

UPRIGHT PIANOS

Maker

Lunan Cabin Piano

Hopkinson Pleyel

DARTICULARS AND CONDITIONS of Own Make (B. P. Co.).......

the letting by Public Auction Sale, to be Schiedmayer... held on MONDAY, the 4th day of September Kirkman

Stuart

Sala Former Price Price.

$150 $475,

180

250

200 480

295 525

800 450

820

500

826 480

885 450

350 500*

600

400 600

400 600

500 700

525

600

+

576

750

+

585 660

000 750

075 750

700 858

1905, at 3 P.M., at the Offices of the Public Works Department, by Order of His Excellency the Governor, of One Lot of CROWŃ Rosencranz LAND adjoining Shaukiwan Lots 392, 396 Own Make (Over Strung) 385

Broadwood and 399. at Shaukiwan, in the Colony of from 2nd July, 1909, with the option of re Spaethe Hongkong, for a tenn of 75 years, commencing newal at a Crown Rent to be fixed by the Collard Surveyor of His Majesty the KING, for one

Haake Rachals

further

Sakiwan Lot

No. of Sale.

Registry No.

term of 75 years. PARTICULARS OF THE LOT.

LOCALITY.

32 Shaukiwa

Bottadary

Measurements.

k.

it.

Annual Regi,

20

710

6

Hongkong, 2nd September, 1905.

THEATRE ROYAL,

HONGKONG,

+894.

Leesee and Manager, Mr. W. HOLLINWORTŲ, TO-NIGHT (SATURDAY), 2nd September,

AND EVERY EVENING UNTIL FURTHER NOTICE.

Dols, Wharves and Godowns--Hongkong and Whampoa Docks hive strengthened their potition and have changed hands at St. This is no doubt due to the satisfactory pro Doors Open at 8 r.M. Commence at Sharp.

pear to have been amitted from our list

gress reported in regard to the refloating of the are added to the 15 established or projected, | Suěly, and also the prospect of business im as stated in my letter the toil would proving now that peace has been concluded, be 19 or a discrepancy of one only as against for which latter reason Fambams have also the figures quoted from the Peiyang Kuan been in'strong demand and have been bought

Kowloon Wharfs have further declined to $ 8. A few Hongkew Wharls have been sold at T. 189.

Under the direct patronage of His Excellency

the Governor, Sir Matthew Nathan,

K.C.M.G.

THE FAMOUS

POLITE VAUDeville and SPECIALITY COMPANY.

Krauss

Hopkinson Winklemann

Steinveg

GRAND (Small & Large) PIANOS. Collard...

Broadwood...

390 Collard (as New)... €90

14

$800 formerly 3660.

700

"

750

Hongkong, zőik August, 190¢

1sar

Trade

TELEPHONE NO. 135

FRENCH IS

Mark

Pao. It is rumoured that other new Mintat cations rales from Tis. 135 up to Tls. 46. GAIETY STARS, THE FAVOURITE BRANDY OF THE At a meeting of the Shanghai General Chamber of Commerce last month the quesing Establishments, are projected in varis on of the coinage of copper cash was brought ous; laces, but authentic information is not allowed to transpire in the interests of those forward, and the following letters were read

hanghai, 13th July.

concerned, until the contracts for the supply W. D LITTLE, Esq.,

of the Machinery, etc are completed. Chairman of the Chamber of Commerce,

Dear Sir- have the honour to forward to you the enclosed copies of a letter and memorandum receivert from Baron Mumm von Schwarzenstein, Doyen of the Diplomatic Body in Peking, relating to the minting of copper cash in China.

1 have the honour to be, Dear Sir, Your obedient servant,

Dr. KNAPPE.

Peking, 4th July.

Copy Translation.

Sit-You asked me to forward a letter from the Chairman of the Shanghai Chamber of Commerce dated 2nd June, 1905, concerning the Minting of Capper Coin by the Chinese Authorities.

I have the honour to forward you herewith the memorandum which sets out these points and I shall be obliged if you will kindly for- ward same to the Chairman of the Shanghai General Chamber of Commerce.

I beg 10 remain,

The estimate of production by the Statistical Secretary of the IM. Customs was for the year 1903 whereas the Chamber's estimate was the possible result in, say, 1956 when all the ma- chizes old and new may be expected to be in full working muder.

BUT ONE OPINION: THE MOST SUCCESSFUL VAUDEVILLE 'COMBINATION EVER INTRODUCED

Lands, Hotels and Buildings -Hongkong | 17". A PRONOUNCED SUCCESS. Lands are obtainable at $128 Shanghai Lands continue quiel at Ti5, 122, Astor House Hotels have changed hands at $17 and Hotel des Colonies have found buyers at Tis. 18. Hongkong Hotels remain steady at $150. Ac cording to the company's a port for the half- year ended 30th June, 1995, the profit on work- It is very difficult to get authentic informa-ing account amounted to $114,54995ɔ as com tinn as to the possible or projected production; this, however, the Chinese Central Gov rminent, should be in a position to supply.

TO THE ORIENT.

PLAN AT THE ROBINSON PIANO COMPANY.

Price

$3, $2 and $1.

Mr. JAMES MORGAN, Business Manager. Hongkong, 2nd September, 1905. [877

COMPAGNIE DES MESSAGERIES ››

MARITIMES.

FOR MARSEILLES, HAVRE, DUNKIRK AND ANTWERP (DIRECT), Calling at SAIGON, SINGAPORE, COLONHO and PORT SAID HE Company's Stearnship

THE

"LAOS,"

Captain Abel, will be despatched as above, on ar about the 7th September, 1905.

This Steamer has Accommodation for Pas- sengers and carries a duly qualified Doctor.

For information as to Passage and Freight, apply to

G. DE CHAMPEAUX, Agent. Queen's Building. Hongkong, 2nd September, 1905.

In the current issue of the Government Garelle appears the financial returns, for the

pared with $95,027 67 for the corresponding period January to April, which the Hon. Mr. L..

period of 19 4, being an increase of $19,453.73. A. M. Johnston, the Colonial Treasurer, has

The prolit and loss account, including the submitted and presented to Government. In

The Chamber iegr:t that they are unable to

sum of $3.454.92 bought forward from 31 round figures, the actual revenue for the four

give au opinion as to how many cash pieces December last, shows a credin -balance of months amounted to $2,300,000, and the netval

should be required for the population of the | $103,12h40, which it is' proposed to dis expenditure to $2,120,000, as compared with

Empire of Chics, but the Central Government tribute as follows:-To pay a dividend $2,000,000 and $1,016,000, respectively, for the

from their long experience should be able to of is per share, absorbing $50,000; to trans same period of the preceding year.

forms au accurate estimate on this paint and fer to repairs and renewals account the increases and decreases under the varibus

should rege to the provincial issue of coins heads of revenue show that the former is close

sum of $3000; to write off value of electric accordingly, in the same way as these matters installation $5,000 and to carry forward upon $139,000, and the latter below $30,000. I have not omitted to bring this communica are carried out in Western countries,

$10,146. The company'sland and buildings An increase of $220,000 is noticeable in respecttion to the notice of my honourable colleagues.. of receipts derived from licenses and internal The matter was thoroughly looked into, but coins tuned nut by the different Provincial accounts written up by the amount of the ad- Regarding the varying intrinsic values of the property has been re-valued and the property revenue not otherwise specified, white land several of those present said they wished Governments it may be stated that such devia diinnal valite (55418,975.73), the reserve fand sales brought in $201,140.99 as against further information on several points.

tions are said to amount to 5 to 10% on coins being credited with an equivalent sum. The $119,26445 for the same period of the preced.

wholly manufactured in China and fully as directors propuse, later on, to recommend to ing year, or an increase of $81,876.45. The only

much on unstamped copper discs imported shareholders the advisability of doubling the items in which there has been a falling off

from various countries and stamped in China. present capital of $60c,o: o by transferring that in revenue are rent from Government property,

I note that the question as to whether the amount from the reserve fund to capital no- land and houses, and interest which brought in

Representatives of Powers who have not count. As there is urgent need of additional' $27,062.00 less than in the period January-

Treaties containing a clause similar to article | funds to repay the overdraft due to the 'Hong- April of last year, Turning to the expenditure

11 of the British Commercial Treaty of 1992, kong and Shanghai Danking Corporation, and side of the account we find increases in

can appeal to the British, American, and to complete the payments for the new building various items amounting to $156,009 odd, and

Japanese is one for them to decide.

on the reclamation, known as 'Hotel Man. decreases in others, totalling $70,000. On public

The belief of this Chamber that the Chinese sions, the directors desire, at an early date, to works extraordinary the Government spent

Provincial Government imagine as pointed out obtain th, sanction of the shareholders to the cluse upon $72,000 more than was the case Statements in the letter of the Chairman of during the same period of 1904, while milit- the Shanghal General Chamber of Commerce, His Excellency's Memorandum that they issue of additional new capital which they bope have a perennial source of income from the can be floated at a high premium. Humphreys' ary expenditure, contribution to Imperial dated June 2nd, 1905, to the Doyen of the Government and expenses of volunteers Diplomatic Corps, on which further informa-profits of the Mints after defraying the initial Estate bave again been done and are still

substantial cost of the mints, and their probable | wanted at Sizf. bave increased by some $50,020. There is a

inability to grasp the dangers of depreciation, Colton Mills-Ewos are wanted at Tla 50, decrease of $32,000 under public works recur-

owing to over-issue, was the reason of the Internationals have been placed at Tls. 45 and rent, while the balance of other decreases is

Chamber addressing the Ministers on the Laou-Kung-Mows at Tis. 57, Soeychees bave FRESH AUSTRALIAN BUTTER, distributed over quite a number of departments

subject. The Chamber realizing the immense further risen and are in request at Tls. 250, but danger to Foriegn Trade it the currency of the sellers are holding off for higher rates. Hong- country is not regulated, venture to commend kong Cottons are in the market at $154. the question generally to the earnest attention of the Ministers and especially to the Repre sentatives of the great Trading Powers.

I have the honour to be,

Sir,

Yours truly,

German Consul,

Doyen of the Consular Corps. Shanghai.

tion is desirable.

A v MUMM.

1. The following Provincial Mints are estab- listed or projected.

Which of the 15. Mints enumerated have none of which, however, call for any special been already established, and which are pro comment. The statement of assets and liabili-jected, but not yet established ties show that, on the 30th April, the assets Yource of the statements given.. : amounted to $704,048.21, and the liabilities to In a recent issue of the Feiyang Kuan Pan'it $519,419.40, leaving a balance of $184,628.8r. is stated that there are 18 mints for the produc. This, of course, is not including subsidiarytion of copper coins. Of these Kuanghii, coins in transit, amewating to $352,400 and the Yungan, Fengties, and Ticatsin (Board of estimate of silver at the mint, which was placed Revenue) Mints are not mentioned in the át Sar2,756, or a total of $565,156.

Chamber of Commerce list.

Your obedient servant.

WILLIAM D. LITTLE,'

Chairman,

Miscellaneous.--Green Island Cements are

BUTTER.

DURING THE SUMMER

WE WILL DELIVER

in bb. Pals.

[866

procurable at $28. Chips Providents bave THE DAIRY FARM CO.,

been dealt in at $9. Dairy Farms are inquired. for at S17. Hall and Holzhave been booked at 516 and 527. Länkats, have reacted and are obtainable at Tls, 176,

LIMITED.

Hongkong, and September, 1905.

MARTELL'S

"

"

*...$25.00 per Case of one Dozen

***... 28.00

V.S.O.P.... 49.00 V.V.S.O.P.... 90.00

1

#

E

ון

11

་

Even their cheapest quality is recom mended by the Medical Faculty for Invalids and delicate people.

BUY THE GENUINE

“

TANSAN"

BOTTLED BY

THE

CLIFFORD-WILKINSON TANSAN.

MINERAL WATER CO., LD.

KOBE-JAPAN.

Per Case of 48 Hall-bottles...... ..$6.50

Per Dozen

31

Per Case of 'coo Quarter,, .....: 8.00 Per Dozen Quarter Bottles......

SOLE ACENTS

1.10

H. PRICE & CO.

12, QUEEN'S ROAD,

PRICE LIST OR APPLICATION. Hongkong, ist Auguit, 1905,

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