THE HARBOUR NUISANCE,
The action of the Hon. Captain Barnes- Lawrence, R.N., in severely "reprimanding the masters of several launches for the intolerable Duisance caused by the excessive and unneces sary
use of their steam whistles will be univer sally endorsed. From early mora till dewy eve the barbour resounds with the car-racking, serve destroying fulminations of vagabond launches. Even in the dead of night, when one might be inclined to think that the arabs of the bay could proceed without a continual varia- tion of clamant discordancy, the hooting and shrieking of the whistlescontinue unabated. Tha masters of the sleam launches seem to take a
fiendish delight in piercing the sillness, and they
as assiduously that have they can run up the whole gamut of discord without a sin. le repetition. During the busy period of the day, the whistling is
it
THE HONGKONG TELEGRAPH SATURDAY, AUGUST 18, 1906.
TELEGRAMS.
· HONGKONG TELEGRAPH”.
SERVICE.
THE HUNGHUIZES AGAIN.
ENCOUNTER WITIU JAPANESE.
A STUBBORN FIGHT.
[From Our Own Correspondent.]
`-Shanghai, 11th August,
12.15 p.m. On the 8th inst. mounted bandits
MALAYAN EXHIBITION.
WONDERFUL SHOW AT
SINGAPORE.
F
R. E. BIR JOHN ANDERSON WAXES
"
ENTHUSIASTIC.
[From Our Own Correspondent.]
Singapore, 16th August,
12.85 p.m.
It is rumoured that the pirates succeeded in carrying off money and goods to the value of 6,000 tuels.
* KAIPING" L001ED.
THREE PASSENGERS, KIDNAPPED.
SHARP FIGHTING ÔN BOARD.
[From Our Own Correspondent, by Letter.}
Cantón, 17th August. The steam launch Xaiping left Canton at 5 pm, on the 15th inst., on her usual voyage to Siu Lam.
When she arrived in the vicinity of Ang Ka
#
The Malayan Agricultural Show was formally opened to-day by is Excellency ir John Anderson, in Chai, dear Yung Ki, a gang of pirates number pressure of an immense gatheringing ten or twelve, boarded the launch.
The passengers showed fight, but the pirates
Three of
the block immediately to the West of our pre- aent building and to the North of the premises of the Chartered flank. We have who acquired
a suitable site for an office of our own, in ¦ Sourabaya. The building is in course of erection.
438
Mr. Stewart said he had pleasure in propuse ing the confirmation of the appointments of
E. Tameins and the Hon. Mr. WJ,
Gresson as directors.
Mr. Davis seconded, and the motion. was unánimously carried,
The Chairman: That is all the business of the meeling. Dividend warrants will be ready on Monday.
We now came to the Sterling Reserve Fund which, as you knów, is invested in Consols and other first class securities. it is our duty to keep thero securities up to what we consider Mr. E. Ć. Kay: 1 am sure you will all join" i ́nafe realizable value of £1,009,000 sterling with me in passing a hearty vols of thanks to and we are therefore sure you will approve of the Directors, the Chief Maunger, and the staff our having
ving augmented them by the purchase of generally for the very full account they have £18,000 2% out of current profits. At rendered to us to-day (applause). marker prices on 30th June these securities were The Chairman: On behalf of the Directors worth £1,065,045, equivalent to $10,023,952.94 and the members of the staff thank you for at current rate of exchange.
your kind words (applause).
The proceedings then onded.
at
Capital,250,000
THE YUET-HAN RAILWAY,
AN ORDERLY MEETING OF SHAREHOLDERS.,
[From Our Own Correspondent]
Cgaton, 16th August.
drowned by the burn of the city, but afterwards Hunghutzes again attacked Pitsewo, representative of all classes in the being well armed and desperate beat down all tribuled for many years, increased only when i The Japanese police made a coun- Straits ettlements and the Federated opposition the passengers were kidnapped, convinced that the eaming power of the Bank! ter-attack on the raiders, whereupon Malay Stutes. n stubborn fight ensued.
There was an amazing display of Ultimately the bandits were re-uative arts and crafts, pulsed leaving five dend, besides n
The exhibition of agricultural large quantity of rifles and ammuni- products and samples of fruit grown tion which they had to abandon in Malaya was abundant and exceed making good their retreat,
ingly choice.
wounded I can learn at present, Iwo were
pirates made a thorough search of the wisdom of building oursonarven (Applaus Railway Company held a meeting on the 13th
is painfully patent. We all had the idea that there was sorse illegality in the perpetual clam our created by the launches, but we suffered in ailence, although there must have been many an uncanonical sound stifled in
private Were it necessary that Lite
che should be launches continually emitting these raucous noises we we might possibly endure them, but when we know that they are needless and
unlawful the is all the more intense. Fortunately, the Harbour authorities have taken the matter in hand, and inaugurated n·campaign against the disturbers of the pace. The masters of three launches were charged before the Harbour Master yesterday will "unlawfully using the steam whistles" of their faunches. Une of the defendants, it was sinted, gave a couple of blasts when one only was necessay; another repeated his so-called signals out of purej ousness of spirit while the third man blew 40 long blasts" without rhyme or reason. Anyone who has stood on Blake Fer in the evening must have been struck by the happy heedlessness with which the masters of launches give vent to their feelings, through the medium of the steam whistles, "They curse and swear at each other in the most atrocious fashion, and if there is no other launch or sampan in sight
jay.
ANOTHER PIRATICAL
ATTACK
BRITISH LAUNCH BELD-UP
CREW SILLED AND WOUNDED:
[From Our Own Correspondent.]
Wuchow, 11th August, 11.50 a m.
in
The British steam launch Wing
they deride the horizon. That sort of thing Fat was pirated close to Wuchow
should be put down with a firm hand. The three men who came before the Harbour-master may consider themselves lucky in Velis ill-so-chemply-is-they did. Captain Barnes- awrence will have the support a tie community show
should he deal sternly with those who contravene the law by making night and
day hideous with their steam whistles. It is to
be hoped, however, that the owners and masters of steam lunches, will be informed of the Har
bour-master' remarks, and able in future by
the letter of the law,
A HONGKONG "SCANDAL"
Once again Hongkong has rise nobly ja the occasion. Afraid that the attention of the world would be diverted from the doings of the premier part of the world by the attractions of the Chicago meat-packing scandals, Hong- kong has produced a meat episode of its very own. Better to be reviled than unnoticed is the motto of Hongkong, and accordingly our thoughts are now'd rected to pigs. Not the Bucculent variety or the Sine, fat, deshy pigs of the maintand, but the pigs which bave refused to live in Hongkong. The question of comes naturally to the mind in the Far East, for was it not in China that the beauties of "crackling" were first discovered? Consequent, ly we
we leave to Chicago the honour of converting calves into pigeon pie while we seek to recall the wavering allegiance of the world to the fact that the pig question is all important in this outpost of the Empire. The scandal" is truly serious, and were it not that people in Hongkong are of a phlegmatic cast of mind and afraid of the bogey of sensationalism it is quite possible that the question of serving up pig as prime pork would shake the Gay ernment to its base. The local authorities have built a very fine aballoir for the ception and slaughter of the Chinese de- licacy, but they demand that the
Inst night
An encounter took place between the pirates-and-the-crew-of the King Fat.
The casualties are: one man killed and three others wounded.
After holding up the launch the. pirates ransacked it at pleasure, and succreded in carrying off booty to the value of five hundred taele be-i sides one chest of opium.
[From the text of the despatch it could 'not the marauders or the crew, presumably they be gathered whether the enstalties were among
were among the laster-Ed, H.A.T]
TOGOS FLAGSHIP.
SUSTAINED SLIGHT DAMAGES.›
'EXPECTED; TO BE ICON READY FOR THE NEXT PRAY.
[From Our Own Correspondent.}
Shanghai, 13th August, 1240 p.m. It has now been, ascertained that the damage which has been sustained by Admiral Togo's flagship Mikasa is comparatively slight
That she will be brought up to righer former fighting strength is re. arrive in the full possession of its faculties, in order that it may have all the nd-garded as certain, vantages of modern science when ab to shuffle off this manal coil. But pigs are ever
despite and it occasionally happens that
the best effous of the owner, a pig with dio a natural death, without the benefit of
clergy, so to speak, In that event, the pig is, regarded as an outcast, an unconsecrated heathen, unfit to grace the festive board of arisocratic Hongkong,
Un ortunately, this depravity on the part of the pig means financial loss to the Chinese owner and a plan has heen evolved whereby the pig shall be compelled to do its duty. The sanitary nuthorities, as usual, have laid down hard a 4d, fast rules on the subject of pigs; they declare that pigs which are to adorn the sideboards of our geniry must
have spent 48 hours in the abattoir prior to the happy despatch, grúmping up the sundry crusis
be sent on far journey after being stamped
.
Rubber tappings, which showed the great strides made in the cul- tivation of this product, were a plentiful strow.
A grem numite of residents came from the ederated Malay States to view the exhibition, and all were loud in its prae.
Few had any conception that Malays produced such a variety agricultural articles.
of
The animals which had been en-
tered were of high class and breeding The Governor, in his opening speech, declaro! that the show would become at annual-institution, by which it was intended to foster agri. culture and encourage the cultivation of the soil, thereby bringing per
ant prosperity to the land and increasing the riches of the popula.
tion.
The show will be open for three days.
NEJ
!
STEAMSHIP SERVICE.
BETWEEN MANCHURIA AND HONGKONG
JAPANESE PROJECT WITH TEN MILLION YEN CAPITAL
| From Our Vaan Correspondent.]
Shanghai, 18th August,
2.10
p.m.
The Japanese authorities in charge of the railway administration in Manchuria intend to inaugurate a steamship service in connection with the railway.
The vessels, it is reported; will carry cargoes of Fusban coal from Tairen (Dalny) to Hongkong and Shanghai.
For the return journey they will- endeavour to secure cargoes of the THE YUEIHAN RAILWAY.articles which are specially required
in Manchuria,
HONGKONG SHAREHOLDERS'
SUSPICION,
INSTRUCTIONS FROM THE PEKING SHANGFU.
To
1:
Peking, 11th August, 11 pm. Chang Kang Yu, Esq.,
Chairman. Hongkong Share. holders' Association.
We, the Shaugru [Board of Com.
The service will start operations with a capital of ten million yen.
SHIPPING COMBINE.
TRADE ON THE VANGTSE,
JAPANESE FIRMS IN CO-OPERATION.
[From Our Oven Correspondent] | Shanghai, 17th August,
12.55 p.m.--- Negotiations have been concluded
The
carried away.
King for money and valuables which they When the pirates had disappeared, a report of the occurrence was made to the Commis sinner of Customs. The Kaffing“was stopped ranging on her usual journeys next day.
FURTHER PARTICULAPS.
ara Patell & Cn,
www
AN UNOFFICIAL STATEMENT.
The Kaiping, says our contemporary in Can- ton to-day, is a passenger boat runni g between Canton and Heungshan Her Canian agents at o'clock on the then her usual trip The Kaifing leh Canton
with about ico passengers in board, She also ast picked up more pis ergers en route. before dark, the pirates about 20 in Canik some of whom had case on board, at and the remaider at Lim Fa, near Siu Lam, suddenly started the attack. Some went to the engine room and others to the upper deck.
through both legs. The two men are now at
in the melde that ensued a fireman was shot through the chest and the Chinese chief officer the medical hospital in Cantom where the chief have officer has had to
leg anipulated and the fireman is not expected to live. The pirates seized about 4000 dollars in hard cash and also kidnapped 3 young men, rich
а
As regards the Silver csorve Fund, if you approve of the proposed addition, it will stand or $21 lacs more than our Gentlemen, the handsome dividends din.
your Directors and the management were
warranted it, (the last instance of this being one year ago), bear sold testimony to the policy. steadily pursued, which hav it is this enabled us to prosper continuously in the face of keen and increasing competition, and I feel confident it has your approval. (pplause.)
Before like to
to take the opportunity of reminding you that flactantions in balances are apt to be mis leading. Our silver figures include equivalents a current rates of large amounts in protected and fixed currencies, in addition to Gold Cur rest Accounts and Fixed Pep
Teposits which alone a.ount to nearly £10,000,coo sterling: there
ко fore our intals in silver ust up or down according as excl nge fluctuates and quite The true guide. to our progress or otherwise is independently of other causes
e is our turnover and profits. You will be glad to hear the
that former continues to prow and despite duller trade during the six months under review we are able to record a 1rge increase of business. The resulting profits peak for themselves.
A number of shareholders of the Yuet-Han
inst, at the Soyup Club, for the purpose of discussing the best means of electing the com mitee of the Company: The meeting was
sinn an from the accounts I should quite orderly and reverations in connection
When we met you six months ago there was general confidence that on the opening of the
inspi ved demand for foreign manufactures. this however has not been the case and, as s
to a
Northern ports in the spring we should see an
Now that the initial
with the constraction of the Yuat-Han Rail way are well on the way it has been found neces sary to purchase ground from the landowners
route.All the necessary. along the
proposed arrangements have been left in the hands of the assistant manager, Mr. Chan Lun Chut.
PROPOSED BANK FOR SUNNING.
Mr. Ng Kwan Seung, of Sunning, has decided to "establish a commercial banking institution at Subning for the purpose of helping com merce. He has been successful in raising the required capital-$500,000 and will make all necessary arrangements for the opening of the bank.
CRIMINAL SESSIONS.
HIGHWAY ROBBERY,
The August Criminal Sessions were held this sequence, stocks in the North bave nc- morning at the Supreme Court, bi■ Honour Sir
shortage in the rice cumulated Owing
Francis Piggott, Chief Justice, presiding, whoo crmp in the two Kwang provinces and the Pung Kang, an unemployed coolie, was charg- diminished Cantón silk crop we are also ed with rabbery on the road between Stanley and shaukiwan. Hon. Sir Henry Berkeley, passing through dull times in the South. The reckless minting of Copper Cash and Silver K. CI Attorney-General, instructed by Mr. expect a heavy rankom. They then ran the Subsidiary Coins by the Provincial Govern H. Marell, of Messrs. Dennys and Bowley.
mersi China is also responsible io no Crawn small degree for the present depression; the undefended.
Holicitors, prosecuted, prisoner being natural result being a serious curtailment in the purchasing power of tiese coins. It is satisfactory however to note that the Central
men's sons, from whom an oubt they will
launch on to a sandbank and decamped. Some time Inter a Chinese gunboat that was passing towed her back into the channel and the continued her fo mey.
RUSSO-CHINESE FRONTIERS.
BRITISH AND 'MERICAN- ADVICE. SUGGESTED ESTABLISHMENT OF CUSTOMS STATIONS.
[From Our Own Correspondent.}
Shanghai, 18th August,
2 p.m.
Government is now alive to the
The following jurymen were impanelled: Messrs. Thomas Skinner (foreman), Ezekiel Abraham, George Duncan, T. C. Dowling, T.
o far as the minting or danger in G. Turnbull, S. A. Sath, and J. H. Seth,
valved, so
Cath
ken
The Hon, the Attorney-General said that tha accused was charged with committing high-
It was
WAY
•rob licked that the prisoner, with two
is concerned, and that steps have been taken to restrict the quiput. Hetter crops may jem- porarily reduce the discount on silver subs dary coins in the South, but the only cure is
others, stole from their victim one umbrella, the proper regulation and control of the Can
four articles of clothing, and $2.60 in cash. fon Mint. Notwithstanding these advene cir-
The
victim with a friend were going along the cumstances ain glad to be in a position to road from Stanley to Shaukiwan, 00
Sunday, state that durg the past six weeks an im- the 29th ulto, when three man rushed out from provement in trade has been apparen! sad, behind some trees and sprang upon them and allisought b business continues dulfat the moment, told them to they went through the com. their bands. The men still, we may reasonably hope for a a revival
were unarmed, They after the full and unhampered opening of
plainant's pockets, but finding nothing of any Manchuria to foreign commerce. This has been officially notified to take effect from 1st
value, they made them take off all their clothing, one of the men giving them a plece of old sacking to wrap round their lolus: In the We have to deplore the serious earthquake pocket of the second man was $2.60. After
September next.
at
spirited
The diplomatic representatives of Great Britain and the United States San rancisco which culled forth the sym-robbing them of everything they had the robbers in Peking have sent communications pathy o the whole world. Our sympathy is made off in the direction of the bills, and disap to the Waiwupu advising the Chi-o compled with admiration for the high peared. A few days after the first complainant
manner in which the calamity has met
him as one of the robbers, and furthermore at peso Government to establish Cus been met and for the splendid determination one of the men on the road; be identified toms stations on the Russo-Chinese cine yade. Although naturally put lo this great centre
the time he was carrying complainant's umbrel- of l'acine trad
trade.
la. Complainantthen called a constable and had frontiers.
the man arrested. The others had not been found. Evidenco was then adduced in corro- boration of the above statement.
HONGKONG AND SHANGHAI BANKING CORPORATION.
ANNUAL MEETING.、
The eighty-second ordinary half yearly general meeting of shareholders in the long kong and Shanghai Banking Corporation was held at the City Hall at non to-day. Mr. Armin Haup, cha rman of directors, presided; and there were present: Messrs G. H. Med.
Mr. W.
Gresson hurst, E. Goets, as Messrs. C. R. Tenzmann, D. M. Nissim, A. J. Raymond, N. A. Siebs, B. A. W. Sinde and H. E. Tomkins (directors); Mr. R. R. Hunter (acting chief minager
E. Georg Ray, H. N. Mody, A. H. Messrs. E. CW. May, C. Peter, R. R. Hynd, D. arrack, C. I. Gnsalves, Forbes, 4. F. K. D Gazdar, Chung Ship, Ho Kum F. G. Schro. Tone, Cheung Pui Kai, A. Scott, P fer, A. G. Wond, J. J. Leiria, G. 1. Tomlin, W. H. Hay, W. H. Potts, E. J. Barrett, S Hancock, W. H. T. Davies, Hon. Mr. E, A. Hewett,
inconvenience, I am glad to say we suffered no lose and our business has been carried on w that interruption, thanks to the energy of our agent. (Applause.)
his
It was with great regret we heard of the death of Mr. H. M. Bevir in May. During his long service of 31 years, latterly in Bhanghai, Mr. Bevis was deservedly popular both in and out of the Bank. By his death we lose a loyal servant, an able and racst successful manager, Our Chief Manager Mr. J. P. M. Smith left for Europe on furlough on the 30th May; During year. ex, ect hint back early next four years management Mr. Smith has enabled us to place before you,a succession of splendid Reports (Applause.) Increased returns Sbarchiolders and the strong position cur Back is in to-day, test fy more eloquen'ly than I can in his unsparing devotion to our interest, and paur Direct in are glad of this opportunity to record their high appreciation of his services and also a host of the Manageri, Agents and Buff generally, without whose efficient co uperating these results could not have been achieved, (Applause.)
Mr. Hunter, recently our manager in Shang- hai, who is well known to you all, and in whom
The evidence having been heard, his Honour very briefly summed up, pointing out that the case was a very clear one, and the jury, with,, out retiring, returned a unanimous verdict of" guilty against the prisoner, who was then sos: tenced to three years' imprisonment, with hard labour.
The Criminal Sessions Court then adjourned until Monday next, at 10.30 am.
THE NEW K. C.
COURT CONGRATULATIONS.
When his Honour the Chief Justice, Sir Francis Piggott, took his soat in the Criminal Sessions Court this morning, before proceeding with the business before the Court, addressing the Hon. Sir Henry Berkeley, K.C., Attorney, General, he said that this was the first occasion on which the Court had met since His Majesty had been graciously pleased to confer on the Hon, the Attorney-General the dignity of the
Messrs. Murray Stewart, H. Percy Smith, W1our Directors have every confidence, has been appointment of King's Counsel. It was, per
and jelsam Rung to it by the ever-anxious owner. merce], have received your telegrami Then having pr ved itself worthy, the pig may which states that the statement of re- and ticketted with the official marks of
of grace;
ace:ceipts and disbursements of the Yueh. n'a pig refuses in live in sight of the abhan Company's monies has not been between the Nippon. Yusen Kaisha, H. Wickham, B. Layton, Donald Forbes, J. appointed Actin, Chiel Manager during Mr.haps, somewhat gilding the rose," said Els-
But
when a
attoir the owner induces some friends to
intro.
the Osaka Shosen Kaisha and, the
duce the dend pig into the refuge that its at duly published, and shareholders are Daishito 11unan Kaisha with regard tempt evade the stamin-duty may be thwarted. consequently in a state of apprehen.
That is against the law hut the scheme ision and suspicion, and you urge that to the Yangise trade,
It has been decided that the three
occasionally successfu Yesterday, however, a couple o
of coolies were delected at the game the subscriptions should be deposited lines in question shall combine to probably the healthy, dusiful aed, stro forward grunters objected to the presence, or with a reliable Bank.
The contents of your despatch buttons on common account,
curry 01 the trade in Japanese impose. There were taken before, the have been duly noted Magistrate and
rals and charged. Their defence was
than
coolies, who are little beiter
most conclusive of the malignity of pigs in
We have already telegraphed to
general and this pig in particular. It did not the Viceroy of the Two Kwang and
to the abattoir and the sight of the Inspector
realise that it was a pig in clover when it came Tantai Taeng instructing them to shocked it. Indeed, was shocked to death, dep sit all the shareholders' money
ANOTHER LAUNCH
PIRATED.
or as the coalies put it When the Inspector intu reliable Banks, and also to have TWENTY`PASSENGERS ́WOUNDED. approached the pig died." This was in uiter
the
39
accounts of all receipts and disburse
regain the confidence of the share- holders in the Company,
[We are enabled to publish the above tele-"; Kwok Po-The China-Ed., K.T gram by courtesy of the editor of the Chung
MANCHURIAN RAILWAYS.
OPERATING COMPANY'S
and disgusting disregard of all the rules and egulations. The Magistrate was lenientments reported to this Board, so as to too lenient some may think, but perhaps Mr. Gompertz does not eat pork, or again he
ne may have had an eye on the sensational aspect of the case.
Because the pig wilfully and notorinusly contravened the law, the coolies were fined $5 each. The Pig Inspector bravely endeavoured 10
show that the practice of dumping dead pigs was a common one, so here we have all the elements of a first-class, gold. mounted, silk-Paed, triple expansion world. upheaval. What becomes of the dead pige? Are they
converted Into
Into potted quail or stuffed snipes or do they reappear as baby's food, norve reviver, fat reducers or Kennedy Town kippers? That is the question of the day. Chicago may well look to its laurels, for He kong refuses to stand in the background. If there is to be a "scandat" then Hongkong must be heard on iha subject.
"BUT she is not the defendant in this case," remarked his 1o our Mr. A. G. Wise, Puise Judge, in the Summary Court on Friday, when the solicitor for the defendant in a case
Honour a
adactor's certificate of the wife's
PROPOSALS.
ACCEPTED BY THe japanese goveRNMENT.
J
[From Our Own Correspondent.]
Shanghai, 15th August,
12.85 p.m. The Committee appointed by the of Jan A Sham varius A. Ogilvie, handed his Japanese Government to deal with so what on earth do we want with questions affecting the Manchurian this certificate gelish the defendant; railways have agreed to the regula it is true, my Lord, but she le a vary material tionis proposed to be put in force by
witoess, and as she cansol appear we ask for ́an adjournment/" "Allowed for onu werk."
the operating company.
· PIRATES SECURE VALUABLE BOOTY.
[From Our Own Correspondent and by Arrangement with the CANTON DAILY News.]
A. Jupp, an O. Von der Heyde..
Sui b's absence, (Applause)
Before moving the adaption of the Repor and Accounts I shall be pleased to answer any questions.
There being no questions I leg to propose the adoption of the report and accounts a presented:
Honour, but it was an honour which was well bestowed. It had been the custom here that the Attorney General need not necessarily hold the title of King's Counsel, and therefore wished to congratulate the Hon, the Attorney. the honour was the greater, and his Honour
General on the dignity conferred upon him by His Majesty,
The Bien, Sir Henry Berkeley, K.C., thanked his Honour for his kind words, and the busl news of the Court proceeded,
HON, MR. E. A HEWETT SI CONDS.
The Hon. Mr. E. A. Hewett, in seconding the adoption of the report and accounts, re- make that after the very lucid explanation which had been given by the Chairman little FORELLUSURE OF 'MORIGAGE.
In view of the manuer
JUDOMENT VOR COSTS.
17th inst. His Honour Sir Francis Piggott, Chief Jus gave judgment in the case of The Land Invest meat Co., Ldversus seven mortgagors, the fact of which case were reported in our issue of Tucs
THE CHAIRMAN'S ADDRESS. The Acting Chief Manager read the, natice convening the meeting, and the Chairman having read the report said:-Gentlemen,-
is my pleasing duty to address you on Report which I think you will all agree is a most satisfactory one, and I hope you will approve of our recommendation to dit tribute tho profits in paying a Dividend of 1.15 per share, placing $750,000 to Sliver Reserve Fund, and rariying forward the, ba- lance of 1712.472.37
Comparing the Balance Sheet with that of remained to be said.
in which the meeting had received the state. the 31st December last we find that, as usualment with regard to the building up of the in the June half-year, our Nnies in Circulation ment 110, Icas. here is a reduction 57 lacs, reserve fund it was quite unnecessary for him
TO EBY
that he feit the very sound policy adopted Gold and Silver current accounts show.com. by the Bank for paratively little change Fixed Deposits in
of
of the Gold show a small increase those in Silver with the entire approp Pears pist would meet tice, yesterday morning, in Original Jurisdiction,
shareholders Are lower by
(applause);
With regard to the matter of
of proper reductions.ara $18 lach, There
sound principle Our ty the Bank bad followed as reflected
on the other side of the account Cash at $41
lace in
in 352 lace less, but, as se. And it was a further
increasing seeds
needs of the Bank to the increasing business. It was to be taken time to consider, in connection with 18€
portant question of practice arose which he be lac, we have in addition 585 laca of coin de trusted that the Chinese Government would
duties in a foreclosure action of the assignss posited with the longkong Government
Мару of the equity of redemption, under circum Bills Payable show a reduction of $59) lacs Rive attention to the coinage question.
the fact that we had no Call towns out representations had been made to that Gavern- due to
vern- stances which differentiate this case from any decided. Judgment had been entered standing. It
It suited us to take
diplomatic and commercial bodies in China; favourable discount market. In thtage of a ment of ise years on that subject both by 100.
the defendants as mortgagors, and this connection
it was The steamer Kaiping was attacked
you will observe that Bills of Exchange redist i would inke effect vary shortly. The existing | the defendants! as question was what wAD
be hoped that these representations
bad also been given agalpat of the equity of 'June, amounted by a gang of pirates on Wednesday, counted, outstanding on
on ჯიჩ“ 10. This jean 8. 10.
of system constituted a serious danger to the redemption, and the an increase 16th inst.
10 £5,150,877
to make with regard to Hosour the incrasze is these figures we sep a se, prosperity of the country. He was sure
then briefly
the reviewed Thirty passengers, who had em. 744,068, 11 a compared with 31st December, tapire and all these connected with the rede
all endorse the remarks of the Chair-
of the case, and said that the assignees barked on the vessel, suddenly re.
duction of $129 lacs in Bills Receivable.
manes to their regret at the death informed the plaintiffs that they claimed no Mr. Bovis who had been for
☐ 100g vealed their true character, when the Against $62 lace of Bullion in Hand and in
Transit on 31st December now show only connected with the Bank and had rendered
faterest in the propety, and wect the what was necessary to perfect Kaiping was opposite Kaichuhou.'
5 lace. During the six months under review
faithful service to it. He had been associated title, but owing to some of the assigness being with itha Bank for a very long period and to Several of those on board attempt. China has required to impor little or no Sliver.
different parts of Chipa neither an assigne BIL Discounted Loans and Credits have in.
friend,
Cognovit ment nor a
could ed to overpower the pirates, with the creased sa faca. In ian Government Rupes many of them he was a warm personal
was, however, consent to could be signed by all
́understood:"All! result that a sharp fight took place. paper. Console and other securities and the only other point to which he wished to the parties.
Mr. Smith. It was very satisfactory to End judgment, provided they were de calle Twenty of the passengers and 59,624.716.67 Against $11,344,170.38 in the fer at that regarding the Chief Manager through that
hat the Chiel Manager had been able to pro crow were wounded in the melde.
The piratical gang ransacked the Kaiping and, when they had collected their booty, it was passed into two small bosta which were in waiting,
curity far an excess Note Circulation of $48 required, of the illustration, if one werb day last. His Hopour said:-In this case an I
Canton, 17th August,
6.20 p.m.
WA
Premises
AC
previous balance sheet. Bank count has increated from $1,107,110.54 10
55,379.393 36. As you are all aware our build.
here in Hongkong is no longer largo en
In the meantime ough for our requirements we are making structural alterations to give us Immediate relief and, to provide for the future, your Directos deemed it advisable to acquire
to
the proper
order
they
Wire
Willing
on proceeding to trist of the action ness carbled him to give increasingly satis for foreclosure The question in all these duce so satisfactory reports, and that the busion to pay costs. But the plaintifa factory reports (applause) He bagged to
whether the defendante bad second the adoption of the report and accounts, done all that was secosity, or all that The report and accounts were unanimously was possible, to lat the plaintiffs know that they claimed po interesi, and so render subsequiat adopted,
CAFOS Wat
Page 15Page 16
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