1906-10-29 — Page 5

TELEGRAMS,

"HONGKONG TELEGRAPH "

SERVICE.

THE ANTIJAPANESE' Un SADE IN CALIFORNIA.

JAPAN SATISFIED

WITH. AMERICAN ASSURANCES. [From Our Own Currespondent.]

Shanghai, 29th October,

12.45 p.m. The Japanese Government is satis- fied with the American assurances in reference to the anti-Japanese crusade

in California.

{Renter's.}

The United States and Japan. LONDON, 26th October. The Japanese Ambassador at Washington bas requested the United States Govern. ment to see that Japanese subjects in Cali.

THE HONGKONG TELEGRAPH MONDAY OCTOBER 29, 1906.

THE POLUNTEER CAMP.

[From Our Special Correspondent,]

Stonecutters' Is., 19th

Uctobit. Saturday, as usual, was an exciting day for the men under canvas. The C. R. A. inspected. the Artillery Companies at Cun Practice, while an officer of the R. F. examined the Engineer Company heshooting was at a moveable sea target and bath the 15 Para and Maxims came out well. All those who presented themselves for the technical examination in the Engineer Company passed.

There was an impromptu concert in the even- ing and a full house gave complete appre- cation to the capital concert carried out in the mess enclosure. Many of the guests took an Aclive part in the evening's proceedings amongst whom, Lieut. Cruss, R.G.A., and Mr. Sutherland, who kept the audience lively the whole time, are worthy of mention.

The attendance in Camp on Sunday was highly creditable. At about-ajo am. His Excellency the General Officer Commanding inspected the Corps on parade. Soon after the men had been formed up, Col. Darling, R. E. (G.0.0), accompanied by Major Chichester, D.S.O. (Major General Stuffy and Lieut. Chesney, R.E., A.DC., arrived on the ground and were received with a salute. His Excel- leacy then inspected the ranks and was quite

satisfied with the turn out, the general ap

fornia are afforded full Treaty rights, includ-pearance of the men and their accoutrements. ing the right of children to attend the schools After a few evolutions, the men formed up in in San Francisco. It is likely that repre-quarter column close order. His Excellency, sentations will be made to the Californian in addressing Major Pritchard and the Officers authorities.

Mr. Root has requested Japan to arrest glad to have the opper unity of seeing them at and punish the Japanese poachers who es caped after the attempted landing in Alaska,

Later,

The Times of New York says that what everthe Federal Government, can do lo counteract the hostility of the Japanese, will be done...

A boycott of American goods and the are feared at loss of japanese friendship Washington.

27th October. The Secretary of Commerce, Mr. Met- calfe, will proceed from Washington to San Francisco to-niorraw, to investigate the Japanese situation.

The Japanese Minister has called the at tention of Mr. Root to the Japanese Cun. 'sufar reports, which indicate that the boy. cott extends to Japanese restaurants, the

windows of which have been broken. The Minister says that the trouble is confined to San Francisco.

[N. C. D. Neter.}

and men of the corps, said that he was very

H. E. MINISTER WU TING FAN. Į that the Tis. 20,000 which they are good

CALLED TO PEKING.

[From a Correspondent.]

..

Canton, 26th ctober.. The Government at Peking has requested H.E. Wu Ting Fan, ex-Minister to the United States of America, to return to Feking as soon as he possibly can, to arrange about the reform of the existing Chinese laws and punishments. H. E. Wu has devoted the last three years, as Minister of the Board of Punishments, to the reform of a large number of laws, in which ho proves to have been very successful, so for this reason the Imperial Government desires H. E. Wu to go further and make general reforms of all the laws of China. It is, however, stated that H E. Wa, after a holiday in his country house at Sun-ui, intends to retire, but it is at the

same time doubtful whether the Imperial Government will atcept his resignation and allow him to retire at present.

"CORRESPONDENCE.

We do not necesarify endorse the opinioga expressent by Correspondents in this colum)

THE SHANGHAI DOCK AND EN. GINEERING CO., LD..

To the Editor of the

"NORTH-CHINA DAILY NEWS." Sir,-A circular marked for private circula tion only" has been sent to me from the Shang hai Dock and Engineering Co., Ld., and under ordinary circumstances I would certainly treat such a document as private, but in this instance it seems to me that the public of Shanghai, and the conclusion of their Annual Camp. Re.

more especially the shareholders in the Dock garding the Gun Practice of last Saturday be was pleased to say that the C.R.A. had reported Co., who may not all be fully acquainted with very favourably and that he was quite satisfied the real ficts, of the case, rau the risk of being with the results. He wanted to see the Corps victimized. I therefore propose, with your per mission, Mr. Editor, to submit the new scheme up la its full strength and in order to attain that end he urged its members to persuade their to some useful criticism." As a preliminary it friends to join the ranks. He congratulated the will not be amiss to point out that our property, officers and men on the results of their 16 the Duck Co., during the last four years days' training which he felt assured had proved has suffered from the excessive zeal at scheme-mangers and it is needless to point very instructive. The men were fucky, he re marked, in being favoured with brilliant weather out, further, that the public have had to during their slay on the island and above pay the piper. As all the world knows the all be bad received a very favourable report of present scheme is based on acquiring the the discipline in Camp. With these few re-property of the Dock Company as recently marks the men were marche into the mess enclosure for Divine Service, the Rev. Mr. Searle, Chaplain of the Forces, officiating.

At the conclusion of the Church Parade, II.E. the GO.C, inspected the young cadets from the Victoria School and examined them in semaphore signalling. His Excellency Inok a very keen interest in the youngsters. Cailet Hoskins was the recipient of a prize.

His Excellency then made a thorough in- spection of the Tents and of the Camp in general, after which the men were dismissed. Tokie, October 14,

The annual sports were held in the afternoon -At-a-meeting of Californian pastors held at and there was a very large gathering, including A military band and a few Oakland a resolution was passed' against the many ladies, proposed segregation of Japanese in the prim-Indian pipers rendered appropriate music alternately and was, much appreciated. The ary schools. Schenl-anasiers have also ex-

following is a list of the prize-winners:- pressed their objection to the measure.

www

Tokin, October 24. The attitude of the Japanese newspapers as to the outbreak of Japanaphobia in California is, generally speaking, moderate.. The Japan ere Consul alan Francisco has made repented protests to the authorities, and has pointed out

that the preseny illiberal action constitutes a great insult to Japanese amour propre. He has further demanded that protection shall be given to Japanese restaurants against the boy. col under which these establishments have been placed.

Tokio, October 25.

The authorities at San Francisco having ignored the remonstrances of the Japanese Consul, he pretested direct to the Federal Government, whose reply was received in To kie to-day, 1 explains that the crusade is quite a local affair and that the Federal Govern- ment knew nothing about it till the tele,ram from Ambassador Wright was received. The Federal Government pledges its intention to see that ro discrimination shall be made relative to the creatment of Japanese school-children.

A DRUNKEN BRAWL.

JAPANESE FIGHT MAY TERMINATE FATALLY,

A'fight, which occurred in a house at Hillside Terrace, Wanchai, at two o'clock on Saturday afternoon, between a number of Japanese may yel prove fatal to one of the combatants, who is at present in the Government Civil Hospital. being treated for multiple knife wounds, and the chances of his immediate recovery is said

to be small.

During the earlier part of Saturday forenoon and well into the afternoon a number of Japan. ese, residing at Hillside errace, were spend ing their time drinking. They were later joined by several ollier hiends,

and if the information given to the police is true five of the men emptied three battles of whiskey and several bottles of beer, What brought on the fight could not be ascertained, as the injured man is not in a condition to be examined and the men, who were later secured by the police, refuse point blank to speak about the matter. However that may be it is certain there was a quarrel and three Japanese were alleged to have set upon one of the men and attacked him with knives, stabbing him on different parts of the body. Streaming in blood the injured man rushed out of the house and made his way down to Ship Street, where he was met by a lutony and to No. 2 Police Station. He was

remove treated before being sent to

them at

PROGRAMME OF EVENTS.

Boat Race (Challenge), R.C.A. (Stone cuiters) . H.K.V., rowed in five oared gigs, The Volunteers took the inside 'course and started well. The R.G.A. practically held the lead all the way and finished about twn lengths ahead. Fill the race was a good one and had the Volunteers. been in training a different result might have been expected.

advertized for sale for the sum of Tls. ́1,380,000. Having paid this trife for the property it is proposed to issue debentures for Tis 1,220,000 bearing interest at the rate of seven per cent per annum; and to issue shares to the new Company to the extent of Tis. 400,000, AI this makes the capital of the Company Tls.

enough to leave as "a balance of the debenture isaua for contingencies? is meant to be employ ed for the payment of the seven per cent due to the debenture holders? Provided Tls, 1,320,000 really be raised by debentures the interest due will amount to Tls. 86,400 per year, and the above mentioned little balance for contin gencies will therefore nearly suffice for the purpose. It being, however, a fundamental law in finance that you must not pay interest out of your berrowed principal, we must come to the car clusion that this cannot possibly be the intention of the promoters of this 11-com; sidered scheme, and the question therefore abtruder itself still more pointedly: where is the money going to come from wherewith to pay the debenture-holders their dun interest pa. the money they have invested in security which is inadequate?

I trust that I have made myself sufficiently clear and demonstrated beyond any question of doubt that the proposed new Company will be unable to earn any money for several years, so that investors will get no return on their autlay till the happy day arrives when shores are bunded, dock filled up and steamers can go alongside the barver that have not yet been built. But those for whom shall feel most sorry are the people who will be allured into taking up the little item of Tls, 1,220,000 in debentures.

le conclusion it will perhaps not be out of place to say that of all the schemes with which, the local Dock Company has been entangled within recent years, the present one seems about the most advantageous one from a dock shareholder's point of view, provided the pro- moters pay us Tis. 1,380,000 down is hard cash. For no shareholder in the Dock Com. pany who retains his faculties unimpaired would dream of exchanging part of his scrip in the Dock for the piece of very flimsy paper offered hits by the new Company. When all is said and done most people will probably feel inclined to agree with the remark made by the worthy chairman of the Dock Company at the last annual meeting, to the effect that it would be bener if people would leave the Company to work out its own destiny.-I am, etc,

25th October.

WARNING,

THE SITUATION IN NORTH MANCHURIA.

..

HARBIN AND VLADIVOSTOK.

JAPANESE PRESSING NORTHWARD,

疒

COMMERCIAL.

TO-DAY'S INTELLIGENCE.

13.45 8.m. Buyers-National Banks' $47,, Hongkong Fires $332),China Firo Insurance Co. $95, HK, C. and M. Steamboats $261, Shell Transports 29/6, Raubs So1, Shanghai Docks Tia, 101, Hongkong Hotels Srazt, Humphreys Estates $11, Electrics St, Tramways $115.

Sellers-Hongkong Banks $820, Unions, $775, Cantous $300, Indo-Chinas $73, China' and Manilas 523, Douglasca $41, Hongkong Docks $132, Kowloon Wharvas $go, Hongkong Lands $108, West, Points $50, Cottons $13, China Borneos 510, Cements $19, Icos $236, Ropes $23, China Light and Power Sio, A. S. Watsons $12, Powells $8.

Sales-Cements $19.

Nominal: China Sugars S147, Hongkew Wharfs Tls. 235, China Providents Sol, Dairy Farms $17,

TO-DAY'S EXCHANGE. Selling.

London-Bank T.T.. Do. demand Do

4 months' sight France-Bank 1.T. America-Book T.T. Germany-Back T.T. India T.T........

Do. demand Shanghai-Bank T.T. Singapore T.T. Japan-Bank T.T. Java-Bank T.T.

Buying

4. months' sight L/C,...............

Intimations.

THE

ROBINSON

PIANO

CO., LD,

ARE SHOWING,

HIGHEST

CLASS

PIANOS,

BY

THE LEADING MAKERS

...2/31 .2/3 7/16 .2/3 15/16

..3.88

1.34

.170

171

OF

% prem

THE WORLD.

138

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

...2/4 5/16 30 days' sight Sau Francisco & New York. 561 4 months' night

do.

578

30 days' sight Sydney and Melbourne 4 Steinway,

months' sight France...

6

months! sight

4

| months' sight Germany. Bar Silver.... Bank of England rate...... Sovereign...

OPIUM QUOTATIONS.. To-day's quotations are as follows --

Maiwn New

Old ex Older

Patna New

'Old Benares New

Old Persian (Paper)

*..2.93

.2.941 2.40 32.0/16

..8.67

Per picul

350/880

(@) 900/950 @980/1,050

Per chest

A .88€ @920 .830 830

"YES," said a witness in a case in the Summary Court before His Honour Mr. A. G. Wise, Puinne Judge, "I know the defendant. My firm had many transactions with him. Former- ly he bought goods and always paid cash for them; afterwards he adopted the credit system, and then he didn't pay." "Then, why did your Tientsin, October 25.firm continue to supply him with goods?" asked his Honour. Because another man promised to pay for all goods purchased by defendant," said the witness. "A very comfortable arrange- ment for the plaintiff," remarked his. Honour, "if it had been carried out, but unfortunately for him it wasn't, hence these proceedings,"

The N. C. D. News, of 26th Oct. prints the 3,000,000. The promoters intimate that "following lengthy cable message from Mr. will be noticed that the only money required Putnam Weale To carry out the scheme after the land has been acquired is the debenture issue of Tls. 1,220,00 and as the land is of considerably greater vnlue than this sum the promuters of the scheme are confident there will be no difficulty in obtaining the money required"

|

{

I have just returned from the Russian Facific provinces and Manchurias

As the result of the disorders in European Russin the authorities here are everywhere without instructions. Thus, although at Vladi. vostok there is a garrison equal to twice that of Port Arthur, and there are 38,000 'men 'and seventy-six forts, the whole of the military scheme for the Primorsk district is confused. The various authorities are at conflict with each other. Suspicion and pessimism are the

י

The presence of the Japanese on the Tumen river (North-East frontier of Korea), ninety miles off, and the constant rumours of their activity create unending false alarms.

That the only money required will be Tls 1,220,000 (to develop the property, I presume) will no doubt prove a tao sanguine view, for the promoters give to the shareholders of the Dock Company the choice of Tis. 25 in cash for each share held by them if they prefer the money instead of the piece of paper in the new Com-order of the day. pany marked value Tis. 25, and there can be no doubt that sine out of every ten shareholders will prefer the cash to the said piece of paper. This will, therefore, niean at least another million, l'aels in cash, or a total of Tls. 2,380,000 in cash. Then the outside public will be in- vited to subscribe to 16,000 shares valued Th. Baai and Puttee Rice. E. Humphreys as each, or a total amount required in cash, to enable the promoters to float the new concern, z, Menagh, R.C.A.

up to Tis. 2,760,000. The balance, Tis, zio,000, I have no doubt will be subscribed by confid ing investers.

Cadets Race.1, Martin; 2, Robson; 3, Stakes.

Victoria Cross Race, Run in three heals of nine each-1, Copi, Witchell and Cadel Baker ; 2, Gibson.

Inter-Company Maxim gun completion. Six teams entered. The conditions were: Guns to be broug tinte-action, changed from travelling to tripod, cease firing and relire to base, Pointi for time and discipline.. Won by Sergt. Long- staff's team. Time 2 mins, 3 secs. Sergt. Seth's team was second.

Team race (open). Four teams, including one from the 8yili Cd., R.G.., entered. Corp

Witchell's team was,

Potato Race-Gunner Brotherton, R.G.A. Tug-of-War R.G.A. (Stowccpiters) v.

H.K.V.A.

But now we come to an assertion made by the promoters which requires correction. They say that as the land is of considerably greater value than this sum (Tls. 1,320,000) the promo- ters of the scheme are confident there will be a difficulty in obtaining the money required. (T. 1:20,00)." (As a business man I have

ket.

always understood that the value of an article is the price it will command in the open mar-- Two weeks ago the Old Dock plus the property on the Poolung side (the identical property which the new Company are desirous of acquiring) was offered for sale, and it was open for anybody for about three months to Four Entries or no rice. Entries 10 he sent

make a fair offer, but no one offered anything through the Co.-Ser, t-Majors.

Sergi. Nets Prize for E. J. Arn Li. Iserd Lt. like the price the promoters now estimate this property at, and it is therefore permissible to Dinock,

Assume that it is really not worth anything like Tis. 1,124,000; and further, the promoters adopt an altogether too sanguine view when they calculate that people will come forward

In the evening some of the visitors were

unable to get away on account of the scarcity of launches and were obliged to remain for dinwer. Those who did so quite enjoyed themselves.

After dinner, as an appreciation of the Com mandant, who is severing his connection with the Cargs shortly, to the regret of every them. ber, a squad of men was parade and marched in the Major's tent and here he was lustily cheered. The neu then drank to the health of the popular Commandant, who responded in suitable terms.

This moming the Camp was struck and the men returned to their civil duties leaving impressions which would lead to their looking forward to the next annual outing.

NO COWS TO BE EXPORTED ·

FROM KWANGTUNG.

[From a Correspondent.]

Canton, 26th October, hospital. The injured man gave the police sufficient information which resulted in the H.E. Viceroy Show has issued a potice arrest of three of his alleged assailants. The stating thaj he had received a despatch from men gave their names as Yekichi. Yanaguchi, the Board of Trade at Peking, to the effect of 32, Der Vieux. Road Central, Kuwaji that no cows were to be exported from Kwang Shimoda, a barber, and Masaki Takaki, both tung in fature, except for provisioning ships, of No. 2, Hillside Terrace. The charge against and even then not more than five head will be

the Police Court this morning was that

allowed to ie exported at any one time to any of

unlawfully 2nd

vessel. Gisabuso Ahere a hawkery ousiding one with intent to do grevious bodily harm. The defendants were represented by Mr. C. E. H. Beavis, of Messrs. Wilkinson and Grist, who pleaded not guilty on their behalf. The police were represented by Inspector Gourlay and Sergeant Len. The Caso was adjourned until next week, peading the discharge or otherwise of the complainant from hospital. The defendants were held in palica custody,

Russians

Meanwhile, since the war, 30, have settled in Primorsk province, yet the territory is practically virgin soitto-day.

Imports to Manchuria via Vladivostok are meagre, and since August most of the cargoes have been Russian and consumed in the Ussuri region. The railway business from Vladivostok is very brisk and the traffic in yielding a yearly profit of Rbls. 15,000,009. This is in contrast to what is happening on the Chinese Eastern Railway, which is showing an annual loss of Rbls. 30,000,000. The surveys of the Amur railway are beginning and all are hoping this line will be the ultimate saviour of the Russian Orient. Vladivostok and the other ports are suffering from over-confidence on the part of the traders who have overestimated the consumptive demand; Nicolaevak is, however, growing very rapidly.

Manchuria has been evacuated by the Russians, except in so far as is permitted by the Portsmouth Treaty. There remain 18,000 railway guards and fragments of the Third Siberian Corps. They will have their headquarters till April at Harbin, where are six infantry and two cavalry regiments with a brigade of artillery. The balance are thinly distributed along the railway with an advance guard of cavalry at Kuanchestre. In spite of and subscribe to their debentures on security this, brigandage is at its worst and is paraly which is valued far above its actual selling zing all trade. The Chinese are in a state of price.

panic.

The position at Harbin is most curious.

There are 70,000 Russians in the place living on the enormous profits made in the war. Trade is dead, but money is plentiful, and the growth of the town is unbelievable. There are eighteen flour mills in and around the town capable of a daily output of three million pounds. They fed the entire army during the war, büt are now idle. Except the military authoritics, all desire ardently the opening up of the country. East of Harbin, the railway settlements are prosperous owing to the Jum- her trade, but west there is nothing doing.

L

To-day's Advertisements.

THE DAIRY FARM COMPANY, LIMITED.

NOTICE TO SHAREHOLDERS.

THE TENTH ORDINARY YEARLY the above Company will be held at the Com pany's Town Office, z, Lower Albert Road, Hongkong, on MONDAY, the 19th November, 1906, at 11 AM, for the purpose of presenting the Report of the Directors and Statement of Accounts to the 31st July, 1905.

The TRANSFER BOOKS of the Company will be CLOSED from the 5th to the 19th November, 1906, both days incluiive.

By Order,

S. A. SETH, Secretary, Hongkong, 29th October, 1906.

11048

S.S. "TONKIN." COMPAGNIE DES MESSAGERIES MARITIMES.

NOTICE TO CONSIGNEES.

"ONSIGNEES of Cargo from London ex

Co

Bechstein,

Bluthner,

Winkelmann,

Collard & Collard,

Hopkinson,

Haake,

Krauss, &c.

CASH OR CREDIT,

OR ON

HIRE FROM $10 PER MONTH INCLUSIVE.

Hongkong, 220d August, 1906,

TO INVESTORS,

There is no better in-

vestment than obtaining

our

CLUB.

The always popular-

3.5. Dordogne and Matapan, from Havre ex s.s. Dordogne, and from Bordeaux ex 5.5. Perbeckmorsand Ville de Dunkerque, in connec- tion with above Steamer, are hereby informed that their Goods, with the exception of Opium, Treasure and Valuables are being landed and slored at their risk into the hazardous and/or Whisky. A blend not

extra hazardous Godowns of the Hongkong and Kowloon Wharf and Godown Co., Limited, at Kowloon, whence delivery may be obtained immediately after landing.

Optional Cargo will be forwarded on unless intimation is received from the Consignees

excelled in the East.

before Noon TO-DAY, requesting is to be Worth twice the money

landed here.

+

Bills of Lading will be countersigned by the Undersigned. Goods remaining unclaimed after

MONDAY, the 5th November, at Noon, will be quoted.

subject to rent and landing charges.

All claims must be sent in to me on or before the 5th November, or they will not be recognised, All damaged packages will be examined on MONDAY, the 5th November, at 3 P.M. No Fire Insurance has been effected.

G. DE CHAMPEAUX, I

Agcat, Hongkong, 29th October, 1906, INDO-CHINA STEAM NAVIGATION

But oven supposing that people could really 'be found who would be foolish enough to listen to these fair promises without subjecting the scheme to the searching criticism which alone will show its true value, I maintain that the scheme itself is based on calculations which are erroneous. The word calculation is not a proper term to use, however, for singularly enough, the scheme under review is remark able for the absence of every suspicion of calculation. When you float a brewery Com pany, or a match factory or anything in the nature of a public company, it is not only customary but absolutely essential for the in formation of your prospective shareholders that you intimate, firstly, when you anticipate of Kuanchenize. Entering the Japanese sphere THE Company's Steamship to be able to start active operations, ie, to reveals that the former positions are Bow re. earn money; and, secondly, what interest youvered. Japan is pressing eagerly forward, anticipate to earn on the money invested. The There are 60,000 Japanese in Southern Man present scheme is remarkable for its very churia aiming through the railway as obtaining significant silence on these two points. But the masterabip. Still trade is stagnant, since professional raen will tell you that the new the Chinese are alarmed. Company will not be in a position to earn a cent for the, next four years. May I ask who

The Japanero terminus of the Chinese Eas tern Railway is at Ersbiblipu, seven miles south

This regulation is similar to that which has

Bummarizing my impression, and bare is been lately instituted at Amoy. The principal ports from which large quantities of cattle

urgent necessity for Chincec authority to be are exported from Kwangtung are Chin are going, to pay the debenture-holders in the strengthened, for all the Manchurian settle. Chow and Swalow. II.E. Viceroy Sham has meantire? It is possible that the promoters ments to be made international and for Chinese accordingly issued instructions to all the heads have left the fact out of consideration that for customs to be established. Unless neutral of the Customs departments to pay particular attention to the regulation, in order to see that several years the Company will not be in a action ameliorates the situation the rivalry and no cows are smuggled out of the Kwangtung portion to earn even enough money to pay animosity of the Powers will deepen and Man. Province, so long as this ruls remains in force, ir gerest on the debentures? "Or is it possible | churia will ultimately share the fate of Po laiad,

COMPANY, LIMITED. FROM CALCUTTA, PENANG AND, SINGAPORE.

"KUMSANG "

having arrived from above Ports, Consignees of Cargo by her are hereby infomed that their Goods will be delivered from alongside.

Cargo impeding the discharge or remaining on board after 4 PM, the 31st instant, will be landed at Consignees' risk and expense, Claims for rain damage to Cargo landed into Godown, Consigates expense, will not be entertained.

at

No Fire Insurance will be effected. Bills of Lading will be countersigned by

JARDINE, MATHESON & Co.,

General Managerkan Hongkong, 29th October, 1906.

{6

PRICE:

Per Case

$14.00

MIX WITH TANSAN.

H.

PRICE

& CO.,

WINE MERCHANTS,

12, QUEEN'S ROAD CENTRAL.

Talapkoms No. 135,

Hongkong, 24th October, 1996, -

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