Intimation.
Wm. Powell,
LD.,
Gentlemen's
Department,
28, Queen's Road
Direct
Importers
GENTLEMEN'S
PANAMA
Smart
and
HATS.
Exclusive NECKWEAR.
Specialists
in
"Gentlemen's
THE HONGKONG telegraph WEDNESDAY JULY 22 1908
For Sale.
Public Companies.
ALFRED HERBERT RENNIE, Deceased || HONGKONG, CANTON AND MACAO
SALE BY PRIVATE TREATY."--
'HE TRUSTEE in BANKRUPTCY of
offars for the purchase by privila Treaty of the undermentioned propárty, viz. —
STEAMBOAT COMPANY, LIMITED.
«NOTICE' TO SHAREHOLDERS.
of
THE
the Estate of the above Dece used invites THE EIGHTY-FOURTH ORDINARY
MEETING "HALF-YEARLY SHAREHOLDERS in the Company, will be held at the Office of the Company, Hotel Mansions, on TUESDAY, the 18th August, at 12 o'clock Neon, for the purpose of secev ing a keport of the Directors, together with statement of Accounts, declaring a Dividend, confirming the appointment of Directors ;' and electing Dog Auditors.
ALL THAT PIECE or PARCEL of GROUND at Victoria in the Calony of Hongkong costaining an 'area of 139,560 | square feet and town and registered in the Land Office. as Inland Fot No. 1,633 held under a Crown Lase for the unexpired co- sidne of a term of 75 years from the gib day of April, 19, the annual Crowe rent of $552 Together alse with all that substantially built residence standing on the said Fleca or Parcel of Ground or on some part thereof known as "The Fin"
The residence iskceptionally well situated on an clovation close to the junction of the Magezire' Gap and Bowen Roads and close to The Bowen Road Tram Station,
The House is a fine two-stored building- containing every modern convenience.
The Building compips large Basement and weil arranged Laundry,
On Grosad fis-Drawing Room, Billiard Rorm (full size) and Dining Room, Kitchen and nther usual offices:
On First Floor-Two large Bed Rooms with Bath Rooms adjoising; Boudoir and Dressing. Ream.
The Out-buildings include Stabling and a Fine Swimming With..
The Out-offices and Coolie Quarters are con veniently situated and exceptionally wall built.
The Grounds and Garden, which are well laid out, include a Grass Tennis Court and are large enough to low for a considerable ex tansion of the present buildings.
Offers to be salto-
Messrs. JOHNSON, STOKES and MASTER, 8 Des Vœux Haid Geutral, Hongkong. Solicitor for the Trosten in Bankrup'èy of the Estate of the late A. H. RENNIE,
Deceased, Hongkong, oth june, 1908.
„The TRANSFER BOOKS of the Company.
74 KAIPING COAL MINES,
A COMPARATIVE VILW UNDER PST AND PRESENT ADMINISTRATION,
to previous articles, under the heading of “Chinese Engineering, and Mining Company,
Lined we carrated briefs the history of the old Kaiping Company up to the time of its disposal to the Chinese Engineering and Mio. ing Company, Limited, in too; the particulare of the transaction in connection with the transfer of the ondersking and generally our views upon the subject.
We further made a statement to the effect |that if the old Company had been retained in will be CLOSED from the 28th July to 11th Chinese hands by raising a loan in 1900-to pay for extension and development it would, at the August, both days inclusive.
present time, have been" yielding 'dividenda of 4010 50 per cent
..
By Order of the Board of Directors,
W. E. CLARKE,
„Secretary: Hongkong, 18th July, 1908,
[682
THE HONGKONG LAND INVESTMENT & AGENCY COMPANY, LIMITED.
N INTERIM DIVIDEND of 13.50 per Ashate for the six months ending 30th June, 1908, will be payable on the 29th inst. on which date Dividend Warrants may be obtained on application at the Company's Office.
would have been paying handsome divi- deads to their shareholders every yeár far above anything the present Company have Or ever will pay—and could hava sccumulat- ed a Reserve of somathing, like a Million pounds (1,000,000) for the further do- valopment of the Kaiping valley ! And, what
le still more important-all the money that has
been 'remitted to Europe by the new Company since its inception to pay expenses of their head office, interest and redemption of laans and "dividends to sharshälders, &c. which wa estimate roughly at £1,500,000, would have, remained in this country and would have been
of the greatest possible value in the develop
ment of these rich coalfields which are, as
well as all the other mines in Chins, in such a terribly backward state.
When we, therefore, put the question;
What has been
We now desire, in the first place, by the.. application of sonita facts and figures, to subs. stantiate th's statement,
THE EFFECT OF THE CHANCE i (2%, to the present management) during the last seven years upon the development of the
made.
To Let.
TO LET
ODOWN NG SA, DUDDELL STREET
Apply to
THE HONGKONG LAND INVEST: DMENT & AGENCY CO. LD. Hongkong, 8th May, 1908.
TO LET.
[490
ROAD.
and 8, LEIGHTON HILL Apply to
HONGKONG AND KOWLOON. LAND AND LOAN CO, LD, 7
No. 8, Queen's Road West. Hongkong, 30th March, 1905,
TO LEI.
Apply town"
THE HUNGKONG LAND INVESI- MENT & AGENCY COM'LD... Hongkong, 9th June, 1908..........
[195
TO LET
to the seond place, to leave it to the verdict coal mining industry to North China?AUSE I KNUTSFORD TERRACE, of the public, after reading our statemente. The answer is obvious,. The industry has and comments, (and slim nating for the mo❘ been at a standstill, while under the old regima ment all questions in dispute) as to whether very considerable progress would have been in 1:1 particular instance any real bouefit has accrued to China through the introduction" of
We say that the'jadustry has been at a foreign capital and con rol; and, in the third standguiti because the Kaiplug mines were fully place, to ask what effect this change during | equipped when taken over by the limited com
the Coal Mining Industry of North China?
davelopment which follows in the ordinary As we mentioned in a previous article, the course of coal production and is a pat of the mines were worked by the Chinese most succost, and the electrical pumping louksilation, cessfully for eighteen years, yielding good oo ne shafts have been sunk or work of exs antual dividends as well as paying out of re- ploitation carried on since. venue for improvement and development.
Great credit is due to
The TRANSFER BOOKS of the Company the last seven years has bad on the progress of pany in 1900 and except for undergroundIRST FLOOR of No. 6 QUEEN'S :
will be CLOSED fram: WEDNESDAY, the and instant, to WEDNESDAY, the 29th. instant (both days, inclusive), during which period no transfer of shares can be registered.
By Order of the Board of Directors,
1!
A. SHELTON HOOPER,
Secretary.
Hongkong, 14th July, 1908.
THE WEST POINT BUILDING,
COMPANY, LIMITED.
[6?
N INTERIM DIVIDEND of Dollars
A Two per Share for the six Moudas
eading 30th June, 1908, will be payable on [583 the 29th instant, on which date Dividend Warrants may be obtained on application at the Company's Office.
PABST BREWING COMPANY:
MILWAUKEE.
FRESH SUPPLIES ALWAYI KEPT IN STOCK
SIEUSSEN & Co., Agenta for HongKom & South China.
Hongkong, 29th July, 1907. .
THE
COLD STORAGE.
*HI HONGKONG ICE COMPANY, LTD, have now 40,000 Cubic feet of COLL STORAGE available at EAST POINT. Stores will be Open at to a M. and 4 PM.
The TRANSFER BOOKS of the Company will be CLOSED from WEDNESDAY, the 2and instant, to WEDNESDAY, the 29th instant, (both days inclusive), during which period no transfer of shares can be registered,
By Order of the Board of Directors,
A. SHELTON HOOPER, Secretary to the flangkong Land Invest ment and Agency Company, Lid. General Agents for The West-Point
Building Company, Ltd. Hoogkong, 14th July, 1958.
[(65
Notices of Firms
KOWLOON HOTEL,
NOTICE.
daily, Sunday excepted, to receive and deliver THE Uader sigand begs to Notify his Clients
-perishable goods..
WM. PARLAEN
Manigor."
Inugknie, senālans, rest,
Hosiery. TYPEWRITERS
Cool
and
Durable
SINGLETS
AND
SHIRTS.
Latest
Patterns
in
SOCKS.
WM. POWELL, LTD., General Drapers, Furnishers,
Des Voeux Road,
and
28, Queen's Road,
HONGKONG.
14. Rongbang, 18th July, igolf: "
A SPECIALITY
OVER TEN YEARS EXPERIENCE
CLEANING, OVERHAULING,
and REPAIRING ALL BROKEN PARTS.
SATISFACTION GUARANTEED.
ALSO
FOR SALE and HIRE,
MODERATE CHARGES.
MOTOR
LAUNCHES
ON HIRE
AT ILAKE FIER:
and the Public generally that he has admitted Mr. P. ECHED STONE into PARTNERSHIP with him in the business of the above Hotel as from 1st July, 1958, under the name and style of" OWEN STONE & O.".
O. E.. ÖWEN,
NOTICE.
Proprietor.
THE MANAGEMENT
ROAD, Central, containing, 6 Rooms and Servants' Quartor,
1 Apply to-
DAVID SASSOON & Co., LD. Hongkong, 22nd May, 1908.
(asy
By the foregoing we have shown that it would have been greatly to the advantage of China to jave retained there miser in her own during that period for the sound policy which bands and that coal mining enterprise in North Floors of No. 14. Des Vœux Road China bas suffered materially by their being placed under the present management. Furthermore, we have shown that
was adhered to throughout. On the modest capital of about 300,005, largely added to ultimately in the shape of "Reserve " through.
saving up of a large part of their revetgh stead of distributing in dividends, they stood possessed in 1900 of the Tongshan mines, the north-west shaft and Linsi mixes fully equip sped, six
steamers, · Cblawangtao barbour (commenced) and much valuable property in Tientsin and elsewhere.
What then was
THE VALUE OF THIS CONCERN IN 1900, which the Chinese parted with for an invest. ́ment of £175éan ia the new undertaking and Dothing in cash, and carrying with it the right of working pad of the richest coalfields and the 'most valuable monopoly in China?
The new compaoy assessed its value at one "million pounds sterliúg,"
It is interesting to note here while on the subject of the valuation that Messrs. Bewick Moreing and Company had reported prior to the acquisition of the concession that the quantity of coal available on an area of jó li rquare from Tongshuo was 325,000,000 toss, Under the old administration, at least a net profit of
53. (say 4/-) per ton was realized. Upon the report of these mining experts who were act.. ing for the purchasing Company, the esti mated revenue to accrue from this, coal area alone during its Wife' would therefore be £65,000,000.
THE PRESENT ADMINISTRATION
of the Company is not to the interests of the Chinese, neither, on the other hand, can it be to the interests of the British, two of whosa officers admislster the company's offices iu China and whose government is called upon to interfere ja its behalf. Vader Chinese administration the orders for material required
TO LET.
\FFICES and ROOMS on the rat'and and Central (formerly occupied by Messrs. Shewan, Tomes & Co.)
Apply to THE COMPRADORE DEPARTMENT,
ED. Santoon & Ço
Queen's Road Central: Hongkong, 9th June, 1908.
(188
: TO LET.
LOUSES in Austin Avenue, ·Kowloon
• Immediate possession, Apply to-
from abroad were all kent to England, whereas HS plus taxes per month. They are now scot to Belgium, and in, the mines themselves, under Chinese administra tion, all the foreigner_were_English, whereas at presant, excepting the accountancy and shipping departments, not a single Englishmao is employed.
Furthermore, five-sixths of the sbaṛós are held a Belgium and even a return of the English income tax has been demanded on that account. Chiners Public Opinion;
Intimations.
COLONIAL SECRETARY'S DEFART.
MENT.
No. 492.
Taking this important point into considera- tlon, which, by the way, was disregarded in acquiring the concession, would the old Com XITH reference to Government Notifica
MR.P. E. FRED STONE has the pleasure pany have received anything likes an adequate - Wition. No. Est of 9th December, 1904,
to inform his numerous Friends and Acquaintances (ashore "and afloat) that be has joined. Mr. u, E, OWEN, as a -PARTNER in the business of the KOWLOON HOTEL as from the 1st July, 19.5, under the name sud style of "UWEN, STONE & CO."
He trusts that they will extend to the new Firma Share of their patronage” Bongkang, 13th July, 1008.
NOTICE.
1663
MR. GAMEAU (late Managersure to L. of A.
Julorm his Numerous Customers and the Public generally that he has bought over the business of Messrs. A. CHAZALON & Co., as from 1st July, 1908, and will carry on same under the came and style of FRENCH STORE," Ho_taus:that the same kind patroange will be ex:códed by his customers and the public.
All accounts due to the firm of A. CHAZALON
sum in pening with their property and rights--which is hereby cancelled,-it-is notified that on and aker, the est January, 1999, the Fees | if they had asked for £1,900,000?'
(payable monthly) at Queen's College, will be
Now assuming that the concern bad remain. ed in Chinese hands in 1903 with the old Capital and the raising of a loan of £100,000 which would have been sufficiest for all pur poses," what
*RATE OF DIVIDENDS. might have been paid at the present time? The net profit in Chips of the Chinese-
as under,:-
!
Classes I, II and 111 ......$48 per annum. Classes IV. V and VI.....$24 per annum..
_F_H_MAY, Colonial Secretary.
168.
Hongkang, 18th July, 198
Engineering and Mining Company, Limited, F. BLACKHEAD shewn by their last annual report, was 241,245 for the year ending February 21th, 1997, as
add it is not necessary for us to, put any com "plez arithmetical problem before readers when we ask them what rate of dividend it could have distributed on a Capital of Laco,oso. *
I will thus be seen that, after allowing £800 a year (say 8 per cent on loan) and on the assumption that the output kad rates, min-
& Co. will be colected by him and alt billing costs, expenses of management and all against the firm must, be sent in before 15th August, 1968, or they will not be recognisid,
Hopper, 17th July, 1908,
[677
INTERNATIONAL SLEEPING CAR am for further development, exhaustion of
and
EXPRESS TRAINS Co.
(THE
A GREAT BOON TO PASSENCERS GREAT TRA"S.SIBERIAN RODTE
TO and FROM STEAMERS
AND
TO (EUROPE)
ALSO ROUND THE ISLAND FOR TAVING, been appointed AGENTS for
PICNIC PARTIES, &c.
the above Company, we shall be pleased to give any information as to rates of Fares from $2 per Ilour.
passage, fc, la connection with abere.
SHEWAN, TOMES & Cò.
#gents,
HUMBER CYCLES
AGENCY.
DRAGON CYCLE
DEPOT,
35 & 95 DEB VIUL ROAD,"
Hongkong, 145
Hongkong, srat July, iðar.".
N; O T 1 GE,
HE Public are hereby informed that no change his boân- mađa in the 'Rates of
THE Subscription to the enghong Telegraph and bey are warned against paying more than --TEN CENTS (10 cts.) per Single Copy
THE MANAGER, Hongbong Telegradă Co, Ltd.
other conditions are the same that the Com pany, under the old regime; would have paid, in the year ending.February 1907 a dividend of 116 per cent could have been declared i his is, of coprie, without setting aside any minerals, &c. and if Leopɔo had been allocat- ed for this purpose there would still have been a sufficient som lait 10.pay a 50 per cent dividend, Now, it will be undoubtedly contended by many that such a favourable result, as above, is mera supposition and is only a very vague estimate of what might have bees; that, under Chicere management, the outpat sales would not have been as good; the mining costs and expenses; of management' mig have been heavier. We will not, however, admit this for one moment. We consider that the adminis
tration of the affairs to Chinese hands might, if anything, have shewis will better results.
THE NEW COMPANY have certainly worked the mine exhaustively sad abisined very large annual outputs, Dai, on, the other hand, at what an enormous cost) We have only to examine the latest statistics of the world's coal production and we find that- the 'average cast per ton of com! in China where labour is the cheapest in the world does, not compare favourably with the United States and is very little less than the average cost per tom of the whole of the British Empire,
Fanbermore, under money
14
CHINESE MANAGEMENT,
are convinced that H.E. Chang and his colleagues would have pursued the same policy a balore 1900. They followed that excellent
maxim "of cutting u
ng thair cost according to the fe cloth in those years when they found it was uscentury to do so, and what night have bosn
& Co.,
SHIP CHANDLERS, SAILMAKERS
COL AND PROVISION MER- CHANTS, NAVAL CONTRACTORS
AND GENERAL COMMISSON AGENTS,
GROUND FLOOR,
ST. GEORGE'S BUILDING,
*' HONGKONG,
SOAP AND SODA MANUFACTURERS,
7
SOLE AGENTS FOR ARTMANN'S RAHTJEN'S GENUINE ET COMPOSITION RED HAND BRAND, HARTMANN'S GREY PAINT, DAIMLER'S PATENT MOTOR.
* LAUNCHES)"
Bola Aganti for', FERGUSON'S SPECIAL CREAM
and
F. &. O. SPECIAL LIQUER 800TCH WHISKY, 42,
EVERY KIND OF `SHIP'S STORES 'AND REQUISITES
ALWAYS IN STOCK -
.AT
REASONABLE PRICES
Hongkong, th March, rear.
LEE YEE
HAIR DRESSING SALOON.
HAS ALWAYS ON HAND CIGARS, CIGARETTES
AND
TOILET, REQUISITES
FOR SALE
13, D'AQUILAM STREET,
“A," RAYMOND,
Clo S. J. David & Co. Hongkong, 17th June, 1908,
TO LET.
[601
HOP and DWELLING HOUSE, No. 78, SHOP
ONE ROOM in PRINCE'S BUILDING, Top Floor,
Apply sc-
S. J. DAVID & Co.,
Prince's Building. Hoogkong, 1 June, 1903,
TO LET.
HATHERLEIGH, CONDUIT ROAD,
Esso
A HOUSE in WONG-NZI-CHONG ROAD, A HOUSE in Ripon TerraGE. OFFICES'in YORK 'BUILDING.. GODOWNS-is-Prava-East; -ALUK BUILDINGS, and No. 1én, Dɛi Vaux Road bart to the Hongkong Hotal; – FLATSID MORSTON TERRACE, OFFICES ∞ Tor FLOOR, No. 2, Con- HAUGHT ROAD, facing the Cricket Ground.
No. 10, DES VEUX-ROAD CENTRAL,
Ist' Floor,
Apply 10
20
THE HONGKONG LAND INVEST. MENT & AGENCY CO., LD. Hongkong, 9th June, rood,
For Sale
GREEN ISLAND CEMENT COMPANY, LIMITED.
PORTLAND CEMENT,
In Casks of 375 Bs, net $5.50 per Cak
•
ex Factory,
In Bags of aso the net 88 85 per Bag
ex Factory
SHEWAN TOMES & Co., General Managers,
....... Hongkong, alth Apill, #908,2%
THERAPION MAY NOW ALSO BE OBTAINED ÎN DRAGEE (PASTELESS) FORMĄ A_WONDERFUL. DISCOVERY,
This is thin agril researchnad EZJISTIEPOL,WIM «All sabie", so jo spoak, is pumacked by sha agian- Life for its comfois and happiness of más, Belenen has endined, unde giant strides during the pa -century, and among themby no insani Taast Jaci „fortant—illscoveries in medicion comes that of
THERAPION..
This preparation sunguentionably one of the most gonina and rullabio Fatent Madidası ever (vizos.
,xad bas, we väderstand, been used in the Com Hospitals by Ricord, Montan, Joliert, Valpens. Malsgumed vu, the wall knopy Chialg- wao, and fadeel by all who are regusded'an gathos? rities in such matters, incljadu ihm eslabostad - #Lallemand, nad Kóun, by whom li una cama kina eloce uniformly adopted, and that it is worthy tha silentios of those who requien juch & rusaly way think there is no doubt. From the timent Aristotle'.
· downwards, a potent aquat in the yeneral "et. siano Tiamanor kas (like he laquof philosopher's stone) bous the object of schuch of some Eõpeta), gesserona minde; and far beyond the more pow
such could bare bone disonerod mal tr838- moting the base matale into gold la surely than covery of study so potent asto replenish the fallo ing energien al the confirmed road in the nea cONG kadia thawiber so affectually, spendly and MDY. to expel from the system wilhani the aid, or FRIE the knowledes of a incond party, the polices o noquired or Inherited discuss in Kil shán forms as to leave no talet er trace hous
THERAPIO
dence of, sang af the discoverlay of spas dar which no jžšie potentation and nola-)
stand that has been crusted for i
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