1906-03-10 — Page 11

TELEGRAMS.

[Reuser's.]

Defeat of the French Government

LONDON, 8th March. In a debate in the French Chamber on the manner in which the taking' of the Church inventories was carried out, the Government was defeated by 267 to 234 and the Cabinet has resigned.

The Morocco Conforonco. There is a more, conciliatory feeling at Algeciras where it is believed that Germany is disposed to accept the Franco-Spanish policing of Morocco,

A The Princess Ena.. The ceremony of the conversion of Prin- cess Ena was conducted in English, and was most moving.

Princess Henry was not present. Princess Ena takes the name of Victoria. Payment of Members of Parliament. The House of Commons has adopted a resolution by 348 to 1io to pay members £300 a year,

Later.

Sir Henry-Campbell-Bannerman, in the House of Commons, said that he approved of the principle of the payment of members of Parliament, but the Government had neither the time nor the money to carry it

into effect.

The French Navy. France proposes to build six 18,000-ion ballleships of 18 knots speed.

The Japanese Famino Funds.. The Toronto Sunday School Association has issued a stirring appeal for subscriptions to the Japanese Famine Fund.

Later.

The Transvaal Constitution, Sir Henry-Campbell-Bannerman announc- ed, in the House, that a Committee would proceed to South Africa to inquire into a basis on which to form a constitution for the Transvaal,

[Stratis Times.]. Government Policy Towards South African Natives. Mr. W: Churchill has accepted a motion in the House of Commons, urging the respon. sibility of the Imperial' Government to protect the Natives of South Africa.

He said that the Imperial Government had delermined to insist upon a proper treatment of Natives by the Colonial Governments.

The Royal Veto would be applied to any legislation that might infringe the fundamental traditions of British liberty,

THE HONGKONG TELEGRAPH SATURDAY MARCH 10, 1906.

THE LATE KING OF DENMARK.

THEIR MAJESTIES' THANKS.

The following despatch from the Secretary of State for the Colonies in published in yester day's issue of the Gaselis:-

DOWNING STREET,

COMMERCIALU

WEEKLY SHARE REPORT.

prices show a decline of from one to two dollars por bato.

No business is reported in No. 165. This count is neglected.

Only one thread of No. 124, found a buyer at a concession of dollars two.

►

A very poor business is reported in No. rer. Rates show a decline of from one to threa dollars per bale.

Reviewing the share business for the week, Messrs. Benjamin, Kelly & Potts write on the 9th inst.-Share business during the period under review has by no means been so brisk 6th February, 1906.

as we had hoped it would be and most of our SIR, have laid before the King your tele-stocks have declined with the exception of Cot. gram of the 31st of January, expressing the

ton Mills and Marine Insurance share-got- Colony's sympathy with His Majesty and with ably Unions which show a phenomenal rise on Her Majesty the Queen on the death of the

the previous quotation.

Banks-Hongkong and Shanghai Banks127 King of Denmark.

have continued quiet and may be obtained at $860. There has been a further slump in the sterling quotation which closes in London at | Lyo. Nationals remain firm at 538.

2. His Majesty commands me to express on behalf of the Queen and himself his high ap. preciation of this kind and loyal message of sympathy from His people in Hongkong.-i have, &c.

ELGIN, Governor Sir MATTHEW NATHAN, K.C.M.G.,

&c,

$20.

CHINA SUGARS.

FABULOUS PROFITS.

The following is the report of the China Sugar Refining Company, for 'presentation to the shareholders at the twenty-eighth annual general meeting, to be held at the offices of the general agents, at noon, on Wednesday, the 21st inst.

The general agents beg to submit to share-

holders their report on the company's business for the year 1905 with a statement of accounts to 31st December last. The refineries were well employed during the greater part of the year, but during the last few months a falling off in demand necessitated a reduction in the output of refined sugar. Inclusive of $42,812.75 brought forward from the year 1904 the sum at credit of profit and loss account is $1,405,419.68, from which has to be deducted $200,000 paid as interim dividend of 10% on

18th August last, leaving $1,205,19.68 avail- able for appropriation, and this sum the general agents and consulting commitee recommend shall be dealt with as follows, viz. To pay a final dividend of $15 per share, $300,00,000 transfer to a reserve fund, $850,000.00; 0 brous to European staff, $15,000.00; to carry forward, 540,419.68; Total $1,205,419.68. The steady fall which has occurred during the year in values of raw sugar and the uncertainty as to the future of prices, render it necessary to provide a large sum against forward pur chases, hence the proposed transfer of $850,000 to a reserve fund which will be utilized for the purpose of writing down such commitments. The consulting commitee consists of the Hon. Sir Paul Chater, C.M.G., Messrs. A. G Wood and E. Shellim, of whom Sir Paul Chater and Mr. Wood offer themselves for re- election. Mr. A. J. Raymond resigned his seat on the committee on his departure from the Colony in November last.

Auditors: The accounts have been audited by Mesars. Thomas Arnold and W. H. Foits who offer themselves for re-election,

The Government will endeavour, Mr. Chur-Balance Sheet-One Year-to 31st Dec., 1995.

chill said, above all to secure a recognition of our Indian fellow-subjects..

In referring to recent events in Natal, he said that, while there was no reason for any immediate apprehension, the situation would require careful and patient attention,

Mr. Chamberlain Ill with Influenza.

Mr. J. Chamberlain is laid up with an attack

of induenza,

The Naval Estimates. Mr. Robertson, Secretary to the Admiralty,

Bays the Navy Estimates, for which the late Government are essentially responsible, may be regarded as a reversion to the two-power standard which latterly had been exceeded.

Increased Expenditure Coming. He anticipated that the gross expenditure, which was estimated at £13,500,000 for 1905. 1907, would gradually increase to £35,50,000 by 1910-1911.

Pays up and Looks Pleasant! The Chief of the disturbed district in Natal has submitted and paid the tax.

The principal agitator against the payment of the tax has been arrested. He is an educated pative.

OBITUARY.

DEATH OF AN OLD 1, AND O, SERVANT.

It is with regret that we have to announce the death of Mr. Geo, Razavet, an old servant of the Peninsular and Oriental Steam Naviga- tion Company, which took place at the Gov- ernment Civil Hospital this morning from paralysis.

Mr. Razavet, who was only forty-eight years of age, joined the Hongkong branch of the P. & O. Company on April, 1891, from the s.s. Clyde, one of the Company's boats. Owing to Ill-health deceased was sent home on Novem. ber 9, 1904, and on arrival in London was admitted to hospital there, suffering from spree. Some little time afterwards he was discharged as cured, and after a short holiday returned to the Far East with his bealik in no better condition. He was there.

fort forced to go to hospital fiere and gradually grew worse until his death which occurred this morning.

Deceased, who was very popular in the Colony and among the members of the mer cantile marine, leaves a widow and children to

mours his loss.

His Excellency the Governor authorises, until further notice, each of the Assistant Land Officers to grant licences for and on behalf of His Majesty for the conversion of any ground in the New Territories expressed in the Crown lease thereof to be demised as agricultural or garden ground into. are for building purposes.

CAPITAL AND LIABILITIPS.

Paid-up capital............... $2,000,000.00 Equalization of dividend fund

450,000.00 86,129.85 Repairs and renewals ac

408,243.25 Sundry creditors.

Balance of profit and

loss a/c.........$1,405,419.68 Less interim dividend

at % paid on the

18th August, 1955, 200,000.00

ASSETS. Property account consisting of- East Point Refinery. Bowrington Refinery Swatow Refinery Hongkong Distillery Cash

Raw and refined sugar, &c. Spirits and rumene Charcoal, coal, stores, &c....T Sundry debtors.................................ry El ...$352,816,87 Shipments......

Less

136,767.49

:

PROPERTY ACCOUNT. To Balance on 3181 December,

1904,

By transfer from profit and loss

afc. at per last report, ,,Balance on 31st December,

1995................ORTA

1

Marine Insurances.--All stocks under this head have been in demand. Cantons have risen to $345 and can be placed at the rate. China Traders have advanced, to $96 while Unions show a gain of 50 points on last week's quotation and close to-day at 5800.

Fire Insurances--China Fires are wanted $83 x the dividend of $6 paid to-day. Hongkong Fires paid their dividend of $15 yesterday, and we now quote. the shares at $300.

Nos. Br. and 6s, are out of favour, Market closes weak and unsteady. Sales daring the past fortnight comprise of about 600 baler of No. 108; 50 bales of No. and 575 bales of No. aor.; in all about 1,225 baler.

To-day's Advertisements.

COLONIAL SECRETARY'S DEPART- MENT. INFORMATION has been received from the Military Authorities that FIELD FIRING PRACTICES will be carried out in the vicinity of Chin-lon-chun and Black Hill, on the following dates:-**

*

From 11th to 15th March, 1906,

"

19th to 24th

26th to 18th

·Arrivals per steamers Kutsung, Lightning and Avators' Apcar (from Calcutta), and all dates inclusive. steamers Maragon and Oceana (from Bombay) of about 8,000 bales for this port, and about 8,500 bales for Shanghai.

T. SERCOMBE SMITH,

Colonial Secretary.

1340 Hongkong, toth March, 1905.

It is also reported that about 3,500 bales of

NOTICE. former forward sales arrived during the past

INDER the distinguished Patronage of His UNDER the fortnight.

Shipments to Shanghai and Northern PortsK.C.M., Governor of Hongkong. 6,500 bales.

Unsold stock is estimated at about 71,000 bales.

Uncleared stock is estimated at about 70,000, baler:

Local Yarn:-Sales of about 200 bales of No.

Shipping Hongkong, Canton and Macao Steamboats are in request at $244. Indoor, at $104.- Chinas have further declined and are in the market at.595. Douglas Steamships continus firm with buyers at $40. Quotations for other Refineries-China Sugars have not maintain- stocks in this section are without change.

ed their position and have reacted to $210. Luzons have gone back to $35. Sales of Perak Sugars are reported in Shanghai al Tiu, 70,

Mining Chinese Engineerings have been placed in large lots at fls. 9.90. We have heard of no business in other stacks.

Docks, Wharves and Godowns.-Hongkong and Whampoa Docks have weakened to $154. Farehams have also experienced a decline and

Tis. 117 has been accepted for shares. Kow.

loon Wharfs have fallen to $105. Early in the week, Hongkew Wharfs dropped to Tis 217 at which rate shares were disposed of, but they have since slightly recovered and are now in demand at Tis. 220. Fenwicks can be obtain.

ed at $23.

Lands, Hotels and Buildings-Hongkong. Lands are offering at $115, Shanghai Lands have changed hands at Tis. 1:2 and higher prices and can now be placed at Tls. 135. Hongkong Hotels are quoted at $135 ex the dividend of $5 paid on the 6th instant. Owing 1o rumours of the sale of a portion of the Com pany's property in Shanghai, Astor House Hotels have jumped to $32 at which figure shares have changed hands. Central Stores (ordinary) have also improved and are inquired for at $18, after sales at the rate; the new shares have been sold at $71. Hotel Des Colonies ars still wanted at Tis. 17. Humphreys' Estates have been booked at Str.

Cotton Mills.-Ewos have further advanced and have been done at Tis. 62. There are buyers of Internationals at Tis, 60 and Laou- Kung-Mows at The 64. Sony Chees are quot ed at Tis. 26 ex the dividend of Tis. 25 paid in Shanghai on the 6th instant. Hongkong Cottons have inquiries at $:6).

Miscellaneous.-Green Island Cements con. tinue in demand at $30. Bell's Asbestos have been bought and are still wanted at $7. Dairy

Japanese Yarns:-Sales Nil. Colton-Ruled quiet, a small parcel of 30

Exchange: We quote as under:- balce was sold at $as per picul.

India T. T. at Rs. 1534 per cent.

Demand

1524 H London T. T.

Demand

1

Sh. z.07/16d, ---§.

17

"

2.old.

+1

TIL 7:1=$100,

29 11/164, por of

M

Shanghai Silver

TO-DAY'S EXCHANGE.

Selling,

nucen-Bank T.T.

demand

Do. Do.

4 months' sight France-Bank T.T.

merica-Bank T.T. ermany-Bank T.T. ndia T.........

Do.. demand...... hang i-Bauk T.T. Singapore T,T.

apan-Rank T.T."',

'nvo--Rank T.T

Ruving.

to

will be given at the CITY HALL, TO-NIGHT A CONCERT

(SATURDAY), the oth instant, at 9 P.M., in aid of the UNION CHURCH NEW ÚROAN FUND, by the following artists-

Mrs. 15. E. Brown, Mrs. Gordon, Misa Hum- phreys, Mr. Kruger, Mr. Chalmers, Mr. Gonzales, Mr. Jokl, Mr. Koenig, Mr. Leckie, Mr. Stewart and Mr. Grimble.

ALSO

By kind permission of Admiral BREUSING the Band of the Flagship S.M.S. First Bis- marck, under Bandmaster KARL JESSIEN, will play four selections,

Tickets, $200 each, may be had at Messrs. LANE, CRAWFORD & Co. (Music Dept.) and WM, POWELL, LTD.; also, of Members of the Ladies Committee of the Church, or the Undersigned.

A. MACKENZIE,

Hon. Secretary.

Hongkong, 10th March, 1906,

(394

SPAMPANI'S

EUROPEAN CIRCUS.

.2/05/16

..a of

..2.54

.491

TO-NIGHT!

..2.07

...rr

,,16% prem.

4 months' sight L/C...............................10. 6 months sight L/C.................

0.2/0

30 days' sight San Francisco & New York..49)

do.

50% months' sight

o days' sight Sydney and Melboame......2/1 › months' sight Francs .................... Amro ha' sight

4 monthe' sight Germany, Bar Silver ..

Bank of Kogland rate Sovereign......

...2.581

...2,60

.......12 ....29 5/16

To-day's Advertisements.

TO LET.

(FROM JUNE, 1906).

......9.80

ANTRIM VILLAS, Des Voeux

AT 9 PM.

TO-NIGHT !!

CAUSEWAY BAY.

THE HIT OF THE SEASON.

GREAT

BICYCLE POLO MATCH

OR

FOOTBALL ON BICYCLE,

By the WATSON Trio

AND

Miss ANNIE

AUSTRALIA v. ENGLAND.

The leading and only team visiting the East.

Special Cars Running.

Plan at ROBINSON'S.

E. SPAMPANI, Director and Proprietor. 1303

Hongkong, toth March, roo6.

Auctions.

BY ORDER OF THE MORTGAGEE,

PUBLIC AUCTION.

Farms are inquried for at $16. A. S. Watsons N Road, Kowloon, à Five-Roomed House. MESSRS, HUGHES AND HOUGH have

have been dealt in at $13 and William Powells 1,705,419.68 are asked for at $11. Ropes have buyers at $152. China Flours are wanted at T. 87. $4,149,792.78

Shanghai-Sumatia Tobacco Company's shares are quiet at Tls. 60. Langkats have receded to Tls. 217 at which rate business has been

$1,531,209.03 done,

1,010.77

E

YARN MARKET.

2,038,299.48 In their report dated gth instant, Messrs. 10,517.65 Phirozsha B. Petit and Co. write:-Since the 290,179 17

62,527.30 issue of our last report dated the 23rd February last the frantic gambols of Exchange, with its vagaries to rise and fall and then fall and rise. 216,049.38

again, have upset all calculations, and holders and buyers both feel their way with doubt and $4,149,792.78

difficulty. Beginning with an upward tendency it dropped heavily, and just as we are going to $1,581,209.03

press it has rallied and to guess what turn it $1,581,209.03 will definitely take would be a risky hazard,

During the early pan of the interval under $50,000.00 review the market was rather weak and with

out any business, though some importers at- 1,531,209,03

tempted to force sales, but the Chinese dealers $1481,20903 bave' their own boldings which they are inter- selling at rates lower than those current. Prices $83,788.47 show a decline of from one to three dollars

per bale all round.

PROFIT AND LOSS ACCOUNT. To Commission, ........................... Kemuneration to consulting

committee, "Auditors' fees,

13

By

1

Interim' dividend @ Sto per share paid 18th August, 1905,

Net balance,

2,500,00

We apprehend the present inertness may 750.00

continue for a little time longer, as we are fast $87,038.47 approaching the third month, of the present year of the Chinese calendar, during which-jo 200,000,00

observance of time-honoured custom, having 287,038.47 the imprimatur of a religious injunction, the 1,205.419.68 Chinese merchants, mechanics, or coolies, all go to their native countries to worship the $1,492,458.15 tombs of their ancestors. Balance brought forward from

A new feature in the colton spinning trade last year.

$42,81 2.75 Gain on working,

............. 7,447,751.98 is the cultivation of cotton in other parts of the Interest, and

1,89342 world where it was not heretofora. Egyptian cotton has already its 'mark, and now Rodesia $1,492,458.15 is sending out cotton to England and is wall

spoken of

SPAMPANY'S CIRCUS. There was a very appreciative audience at Spampani's Circus at Causeway Bay last night,

The programme was well gone through and the performance ended with Mr. Schaad and Miss Margherite entering the lions' cage.

Some valuable statistics of cotton spinning in Japan have much interest for the India mills; from which statistics we quote:--

Apply to→

HUGHES & HOUGH, 8, Des Vœux Road.

Hongkong, roth March, 1906.

"BEN" LINE OF STEAMERS.

NOTICE TO CONSIGNEES.

S.S. "BENGLOE,"

. FROM ANTWERP, LONDON and

STRAITS.

received instructions to sell by PUBLIC AUCTION,

ON MONDAY,

(339 the 12th day of March, 1906, at 3 o'clock in the

afternoon, st their SALES ROOMS,

ONSIGNEES of Cargo are hereby informed that all Goods are being landed at their risk into the hazardous and/or extra hazardous Godowns of the Hongkong and Kow- loon Wharf and Godown Co., Ltd., whence and/or from the wharves delivery may be obtained,

No Claims will be admitted after the Goods have left the Godowns, and all Gooda unde- livered after the 16th instant will be subject

renti

to

All Claims against the Steamer must be pre sented to the Undersigned on or before the 23rd instant; or they will not be recognized.

All broicen, chafed, and damaged Goods are. to be left in the Godowns, where they will be

examined on the 16th instant, at 11 A.M,-

No Fito Insurance has been effected. Bills of Lading will be countersigned by

GIBB, LIVINGSTON & Co.,

Agents.... Hongkong, gib March, 1906.

£337

"BEN" LINE OF STEAMERS.

NOTICE TO CONSIGNEES.

5.5. "BENCLEUCH," FROM ANTWERP, LONDON AND

STRAITS.

"ONSIGNEES of Cargo are hereby in

formed that all Goods are being landed

at their risk into the hazardous and/or extra bazardous Godowns of the Hongkong and Kowloon Wharf and Godown Co., Ltd., whence and/or from the wharves delivery may be obtained.

With regard to the demand for cotton yarn in China, it may he described an practically unlimited. At the rate of one bale for every No Claims will be admitted, after the Goody "hundred jaf population, as in Japan, it may have left the Godowas, and all Goods undo be computed that there exists in China alivered after the 17th instant, will be subject

As will be seen from an advertisement ap pearing in another colume a change of pro-market for about four million bales of yarn. gramme is advertised and circus-goers should not miss the chance of seeing the event of the "At present India, supplies only 600,000 bales "and Japan 260,000 bales, and, thero is, there night-football on bicycles, which will be played by the Watson trio. The. team, we "fore, an ample field in China for building up are informed, were the only team allowed to "a large and profitable trade in cotton yarn in play at the Hurlingham Club, London, when "Japan." they played before H.M. King Edward VII, and prizes were presented to them by Sir H. P. Ewart, Equery to the King, as champions of the season. The game is not played with mal fets; the ball is propelled solely by the wheel of the machine,

Shanghai is reported to be building another large Cotton Mill under. Chinese control and with Chinese capital.

Demand for No. 302. in proportion to the stock in first banda coñeldered to be good."

to sent.

All Claims against the Steamer must be pre sented to the Undersigned on or before the 24th'instant, or they will not be recognized.

All broken, chafed, and damaged Goods are to be left in the Godowns, where they will be

examined on the xyth instant, at 11 AME No Fire Insurance has been effected. Bills of Lading will be countersigned by

GIBB, LIVINGSTON & Co.,

Agents Hongkong, 10th March, rpoð,

in Ice House Street,

IN ONE LOT

THE VALUABLE LEASEHOLD

PROPERTY,

registered in the Land Office as INLAND LOT No. 576 and. FARM LOT No. 65.

These properties comprise. No. 4, SEY. MOUR ROAD and a house now in course of erection known as "GLENSESKIN," The total area of the above Lots is 103,450 square feet.. The total Crown Rent is $88.

Particulars and conditions of sale may be obtained from the undersigned.

HUGHES & HOUGH, Auctioneers. Hongkong, 1st March, 1906.

11

PUBLIC AUCTION,

[295

THE Undersigned have received instructions

to sell by PUBLIC AUCTION,

FOR ACCOUNT OF THE CONCERNED,

an

WEDNESDAY,

the 14th March, 1905, at 2.30 P.M., at their Sales Rooms, No. 8, Des Voeux Road, corner of Ice House Street,

A LOT OF

MILLINERY AND SUMMER DRESS

GOODS, ! Comprising:·

HATS TRIMMED and UNTRIMMED, FLOWERS, CHIFFONS, SILKS, MUS. LINS, &c, &c, &c;'

AND

A quantity of FANCY, HAT COVERS, FRENCH SHOES of very good, quality, WASH BLOUSES of the very latest style with long Cuffs

Catalogues will be issued, TERMS:-A1 usual.

':

HUGHES & HOUGH, AnctioneCIE, Hongkong, 9th March, 1906,

PUBLIC AUCTION,

[330

THE Undersigned have received instructions to sell by PUBLIC AUCTION, FOR ACCOUNT OF THE CONCERNED,

ani ****

SATURDAY,

the 24th March, 1906, at Noon, at the Hong- kong and Kowloon Wharf and Godown Company's premises, the following,

Ex S.S." OANFA,”. w.Y.T. Co., 1,752 Pieces ROUGH LUMBER;

AND

Ex 8.5,"TELEMACHUS," W.Y.T. Co. 2,798 Piocos]ROUGH LUMBER.

TERUS As usual.

HUGHES & HOUGH, Auctioncars Hongkong, 9th March, 1906,

Intimations,

ROBINSON PIANO

CO., LD.

THE APOLLO

PIANO PLAYER

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You should hear it.

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WITH TAPERING ARMS.

LATEST OPERAS AND SONGS.

Hongkong, 1st February, 1906

Trade

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Hongkong, syih February, 1906.