1908-08-11 — Page 5

Telegrams.

*** 1GKONG TELEGRAPH'

SERVICE.

ANTON BAZAAR:

VTED BY THE VICEROY.

[courtesy of the "Sheung Po,"]·

"Cantón, 10th Auguet. Yorday afternoon Viceroy Cho Jen-chun, accompanied by the neral, Admiral Li Chùm, the Pracial

THE HONGKONG TELEGRAPH TUESDAY AUGUST 11 1908.

HONGKONG AND SHANGHAI BANKING CORPORATION,

YEARLY REPORT.

The eighty-sixth report of the "Court of Directors to the ordinary-half-yearly general meeting of shareholders to be held at the City Hall, Hongkong, on Saturday, the azod last., at poon, is as follows

To the proprietor of the Hongkong and Shargbai Banking Corporation. Gestlemen, The directors have now to sub-

mit to you a general statement of the affairs of the Bank, and balsace sheet for the balf-year ending 30th June, 1908,

The net profite for that period, including

GENERAL PROFIT AND LOSS ACCOUNT, HONG-

KONG AND SHANGHAI DANKING“.

CORPORATION, 30th Jane, 1958

Dr.

To Amounts written off:

Remuneration to director To Dividend account

Liper share on 120,000

£240,000

15,000.00

at 1/9f=2,533,142.86 To Transfer to silvár reserve fund......,500,000.00 To Transler to bang premises

accona!............. 250,000.00 2,005,774.81

1403.917.67

To Balance forward to nexi kalf.

year

Coisinsurer, Judge, Salt $1,000,387,85, balance "brought" forward from By balance of un-

the Prefect, and the Matrates of Namhof und Panyu Dicts, paid a visit to the Flood F Baznur,

last account, after paying all charges, deducting interest paid and due, and making provision for bad and doubtful accounts, amount to $5,403,917 67.

The directors tecommend the transfer of $100,000 from the profit and loss account to credit of the silver reserva foad, which, fund will.

ie amount spont by the party then stand at $40,000. wa sum of over $6,000,

MINING CONGESSION.

(RMAN APPLICATION OPPOJED.

............!!

[By courtesy of the Sheung Pu"]

Peking, 10th August, « The German Minister in Peking us applied to the Waiwupu for n nining concession in Kuichow Prefecture, in Shantung Province.

J

The Waiwnpu strenuously oppos:

ed the application:

E

PERING-IFANKOW RAILWAY.

PROPOSED FOREIGN LOAN. [By courtesy of the “Sheung Po"]

Peking, 10th August.

The Ministry of Posts and Com-| –munications has decided to raise a foreign loan to redcom the Peking- "Hankow Railway.

CONSTITUTIONAL GOVERNMENT.

A PARLIAMENT IN TEN YEARS? TIME.

By courtesy of the "Sheung" l'e,"F

Peking, 10th August...

They also recommend writing off Bank' premites account the sum of $250,cOD.

After making these transfers and deducting remuneration to dliectors there remains for appropriation 54,638,917.57, out of which the directors recommend the payment of a dividend af twa poundi'sterling per share, viz.: £24,000 which at 1/9, the rate of the day, will absorb $1,631,142.86.

The balance 51,035,774.81 10 be carried to now profil med loss account.

: DIRECTORS.

Mr. A. J. Raymond, Mr. G. H. Medhurst, Mr. A. Fuchs, the Honourable Mr. Henry Keswick (chairman) and Mr. E. Goatz (deputy chair, mao) having resigned the seats on leaving the Colony, Mr. C. S. Gubbay, Mr. E. G. Barrett, Mr C. G.R, Brodersee, the Honourable Mr. W. J. Gresson, and Mr. W. Helms have been invit- ed to fill the vacancies;, these appointments require confirmating at this meeting..

Mr. E. hellim has been alected chairman for the tamainder of the year, and the Honour abla Mr. W. J. Gresion deputy chairman.

It is reported that the date," for |- the institution of a Parliament for| China hans heen, fixed for ten years time from now.

VICEROY CHANG'S

ULEMENCY

-KWANGSI-GENERAL

LIBERATED.

[By courtesy of the “Sheung "Po,"

Peking, 10th August.

Su Hing-Chu, an ex-general of Kwangi,

who

has been imprisoned. for some time, has been released by order of the Imperial Government' on the recommendation of H. E. Viceroy Chung Jen-chun.

{stemuura.].

The American Fleet..

LONDON, 9th August;

AUDITORS.

The accounts have been audited by Mr. Wi Hulton Potts and Mr. J. W. C. Bonnar, the father in the place of Mr. A. G. Wood, who has left the Calogy.

E. SHELLIM, Chairman.

Hongkong, 11th August, 1958.

AUSTRACT OF ASSETS AND LIABILITIES, HONG-

KORG AND SHANGHAI BANKING -

CORPORATION. 30th June, 1908. Liabilities.

Paid-up Capital Sterling Reserve Fund £1,500,000

@ ex 2/- anang

Silver Reserve Fund

Marine Insurance Account.... Notes in Circulation :—·.

Authorised issue.

against securi. ties and coin déposited with tha-Crown agents for the

Colonies and

$ $5,000,000,00

15,000,050 00 13,500,000,00 250,200,00

their trustees. $15,0:0,000.00 Additional issue

authorised by Hongkong Or

dinances

Kainst Eoins

lodged with the

N'kong Govt. 1,473,278,03

Currem accounts-

Silver. Gold, £5,442,319

53. red. Fixed deponis

Silver......

$84,312,175,01 ̧

6x+80,695.88

16.473.278,00

Cr.

divided profits, 318) December, 1907...$2,000,387.85 By amount of net

་

profits for the six- moothi ending

30th June, 1908, after making pr. vision for bad and doubt-ul debts, de ducting all

penses and in-

terest paid and

due

3.403.579 82

-$5,453.917.67

$5,403,917.67

STERLING RESERVE FUND,

To balance £1,500,000 x 1/4 $15,200,000.00

(invested in sterling securities) -

By balance 31st December, 1937,

£1,500,000 (@ex 2/5

$15,000,000.00

$5,000,00100 $15,000,000,00

SILVER RESKRVE

FUND.

To balance ......

$14,000,000.00

$14,000,0:0,00

By balance 318 December, 1937 $-3,500,000.00 By transfer from profit and loss

accopot

J. R. M. SMITH,

Chief Manager. J.COX-EDWARDS,

Chiel Accou tast.

E. HALLIM."

500,000.00

$14,0000:0.00

H. E.-TOMKINS, Directors. G. ERENSLAND

SHANGHAI DOCK LO

SUCCESSFUL, TENDERERS FOR PHILIPPINE CONTRACT.

[From Our Own Correspondent.}

Manila, 7th August, 1908, For the third time jo succession within a single month, the Shanghai, Deck and Engi neering Co Ld. has been successful in secur- ing a contract from the Philippinà Government, I have already reported their successer în cone nection with the building of the eight steel barges, and the extensive repairs to the inter- island transport Semand. I have now to add to the list of their

accessed

the award of the contract for repairing the little cruiser Mindanao. To be air to the

Hongkong and. Whimpea Dock Co, Ld., 1 should state that that Company did not see fit to put in their tender for this little job, dus probably to the fact that the Com pany's staff must have their hands pretty fall just now with the numerous urgeat jobs follow, ing the picem f fast month.

..

Only two bids were received for the repairs to the Mindano. They were from the Shang hai Dick and Engineering Co. and the El Varadero of Manila. Tue Tarjong Pagar Dock Board did not enter into the competition -148,692,871.9 | either. Of the two tenders, that of the Shang hai Dack' Co, was the lower: It was cheaper than the Manila Co.'s by about fifty per cept The respective bids were:-

.$36,385,746.70 Gold; £4,747,740 ·

-109,952,187.13

35. 2.-53.576,940.53 Hills Payable (including drafts on. London Hankers, call loans and short sight drawings on London office against bills receivable and bullion ship- ments) pie Profit and loss account

The American Fleet has arrived at Auck-Latility on irill of exchange re land, 'New Zealand.

Macedonia

Rifts are beginning to appear in the Un iversal Brotherhood of Macedonia where the Bulgarians are manifesting a disposition, to seize the patriarchai villages and churches

The Young Turkish Committes have pro mined severe measures of justice.

MONKY LOAN ASSOCIATION,

ཡ་་

GOVERNMENT DEPARTMENT

USED AS A CLUB

discounted £5.950,845 ar, tud, ol which £1,794,23) 197. mich hinn singe run off

Cash..................

Anncia.

Coin lodged with the Hongkong Government against authorised and/or excess note: circula- tion sans serva

12,198,485.54 5,403,9:7,67

Shanghai Dock and Engineering Co, Ld, 57 39 ta US. currency,

El Varadero of Manila, $13.030 U.S. cor.

rency.

2

"

I understand the contract will be awarded to the lower of the two affas

THE DISPUTED MORIGAGE.

A WITNESS AND NOW HE LEARNT.,

ENGLISH

Mr.W.Slade opened the proceedings and occupled the attention of the Court for over two hour. He confsed himselfte quoting author. ities at length and in the crom-examination of Li Fo Yung ore of the directors in the Yang Shing Company

Bome amusing incidents were brought to light in the cross-examination of Li Po Yoog by the Hos, Mr. H. E. Pollock, x.c. The wit ness, who gave his evidence in Chinese, de- posed the following illuminating statements-

Were you at school in Hongkong ?—No. Did you ever learn English ?—Yes, in my bouse.

Was there anyone to teach you ?—Yes.

Today's Advertisements.

COLLEGIO DE SANTA ROSA DE LINA. A HIGH-CLASS BOARDING AND DAY SCHOOL FOR YOUNG LADIES, MACAU.

Under the Patronage of His Lordship, ibs

Bishop of Maca THE Classes of the above-Katablishment will RE-OPEN on the Ninth of Sep- tember next. WAN

The teaching of foreign languages forma the

What sort of a person was he ?-His name is principal feature of the College; the teachers' IT Wai Ching. N

Who was he, a schoolmaster?—No,':

Then what was he-He was employed in the National Bank of China..

How long did he teach you English -For

two or three years,"

Was there anybody else besides him to teach you? Yes, Mr. Woodcock, formerly of Queen's College, now is the Sanitary Board, was also my tutar,

So that you studled English altogether for about five yearı? Yes, but not the whole day, Can you read Engliab, as well as write and talk it? Yes.

Can you read that latter?

At this stage, a letter was handed to witness, who made a fair attempt in reading it,

How many directors' meetings were held is 1905, the 31st year?—I cannot remember.

About how many do you think?-We vary. seldom bald meetings.

And in 1905? The case was the same as în the previous year.

Being at this juncture handed à book co talning minutes of directors' meetings, Witness said that the second meeting was held on the 25th day of the and moon

The first meeting of all was a general meet ing of the Company, 5th January, 190g r-Yea

Were you at that meeting ?—No!

|

all being Europeans, Portuguese, English, French, and German are taught by skilled certificated teachers. There are four Porta- quase lady teachers from Portugal, two English, wo French, and one German, all possessing diplomas of Certified Trained Teachers..

Besides languages, the girls are taught in their own languages Geography, History, Arithmetic, Religion, Morality, and Civillly."

Music, also. Vocal and lostrumental (Piano); Drawing, Lineal and Ornamental į.. Painting, Oil, and Water-Colour; Needlework,

ladies

Intimations.

SPECIAL

BARGAINS!

HIGH CLASS

PIANOS.

CLEAR

ORDINARY : PRICE.

Collard $480 · 8000

and Embroidery are taught by the same able Broadwood

The Convent is situated at the East end of Praia Grande, overlooking the se. The Class rooms, and dormitory are very roomy and airy. Excellent table. The Sanitary Arrange- ments are perfect.

The bealth and deportment of the children A meatbly are the objects of special care. report of the progists and behaviour of the girls is sent to the parents.

For terms, and further particulars, apply to

THE LADY SUPERIORESS. Macao. 17th August, 1908.

[744-

ALTERATION,

DOUGLAS STEAMSHIP COMPANY, LIMITED.

FOR SWATOW, AMOY AND FOOCHOW.

"HAICHING."

There was a second meeting on 30th March,THE Company's Steamship.... 1905. Was that a directors' meeting ?-Not a a directors' meeting, bat of shareholders, You mean a general meeting ?—Yes. Were you present?—Yes.

What was the next meeting after that?—The next meeting was held on 30th August, 1905.

What was that meeting ?-A directors' mont- ing.

Were you there?—Yes,

When was the next meeting ?-On 6th Jan- Uary, 1906.

Was that a shareholders or directors' meet- lug?-According to regulations, wa. call it a meeting of directors, but there was a share- holder present.

When was the next meeting ?-O¤ ̧19th ́ March, 1906,

Was this a shareholders' meeting ?—Yes. Next ban?-3rd August, 1996).

Was it a shareholders' or directors' meeting? -Well, was a meeting of directors, share bolders and committee.

A sort of general meeting ?—Yes,

Were you present?--Yes.

Captain Passmore, will be despatched for the above Ports, on SUNDAY, the 16th August, at to o'clock A.M.

A Reduction of 20% on First Class Fares to Foochow will be made during the Months, of August and September...! For Freight or Passage, apply to

(743

DOUGLAS LAPRAIK & CO.,

General Managers... Hongkong, 11th August, 1908, AMERICAN AND ORIENTAL LINE. NOTICE TO CONSIGNEES.

C

י

5.S. "JESERIC."

FROM NEW YORK: INSIGNEES of Cargo by the above named vessel are hereby informed that all Goods are being landed at their risk into the hazardous and/or extra hat ardous Godowns of the Hongkong and Kowloon Wharf and Godown Co. Limited, Kowloon, whence, der livery may be obtained.

All

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

When was the next meeting after, this ?-On examined on the 17th Auguri, at 3 P.M. 25th November, 1906.

Were you present?—No,

No Claims will be admitted after the Goods have left the Godowns, and all Goods remain. lng undelivered

The next meeting I believe was in the fol- subject to refer the 17th August, will be

lowing year?-Yos.

What date?-1oth April, 19 7.

Um Lee Hing, the manager, is a very old man?--Yes.

As a matter of fact, Lei Yung Shing doos most of the managing business?I don't know. Don't you know anything about the mabage- meat of the Company?—Yes, I know Um Lee. Hing

What is Lai Yung Shing?—He is the man who goes out selling money.

Was not Lai Yang Shing in the babit of being present at directors' mostings or other meetings-Yes.

After further cross-examination, the Court

Adjourned to two o'clock.

Cross-examined by Sir Henry Berkeley, sides the Yong Shipg?-No.

Are you a director of other companies be.

Are you the manager of other businesses? No.

*

Are you got the manager or director of any business at all?—I was at one time a director of the Hongkong Steamship Company.

Didn't it matter to you who brought the pro- vesty so long as a. fair price was obtained 1—–—– Yes, it did malter.

Why, what would it matter so long as you are able to realise a large price?-1 might find someone else who might offer a higher price.

Do you still say that you had no idea that the property was sold till the 9th of January, when you received the letter from Densys and Bowley 3-Yes,

Do you see your name there?--Yes,

All Claims against the Steamer must be presented to the Undersigned on or before the 21st August, or they will not be recognised.

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

ARNHOLD KARBERG & Co.,

Agents. Hoogkong, sith August, 1908.

1746

KOWLOON CRICKET CLUB. SATURDAY Nex', August.15h.

·RAND PROMENADE

ÀT-4_1.3.

GR

CONCERT,

on the CLUB GROUND, KING'S PARK, Kowloon.

An excellent programme has been arranged consisting of Songs, Recitations, &c, by local Ladies and Gentlemen. Full Band of the

13TH RAJPUTS. (Bandmaster C. Coke) by kind permission of Major Evans and Officers of the Regiment.

PROGRAMME."

1. Selection...Lilts & Dances of Braid Scotland Band of the 13th Rajputs..

MY FT. Chapple 2. Song

Sang... The Mesongo.... Mr. L. Broughall 4. Selection...The County Girl,"

Band of the 1gih Rajputs." Song "Under the Deoda

5 Recitation******

Miss Helen Thorne

Mr. Hulchisson

Secor Torras

...Mr. Benedetto

INTERVAL

At this point, Sir Henry Berkeley read a6 Song..." Toreador" letter from Wilkinson and Grist,to Kway.Hing 7. Sop Ting, la introducing it to the Court, the fearne Counsel remarked that the letter was from an emisent firm of solicitors in Hongkong.

Selection The Mikado". Band of 13th Refpois

1. Song, Down the Vale ...Miss Parko

Do you still adhere to your statement that 7. Sony Mr. E. I. Ayres

Mis, L. Broughali the first intimation you had of the sale of the Song... property to Kwok Hing Ting was from the 4. SRX Mr. Benedetto

Band of the 15th Rajpu! felter af Deneys and Rawley, dated the 9th 5. Selection... The Gondoliers January, 19077-Yes, I still adhere to my

Song "Sparkling Eyes" former statement.

............

Miss Halen Thorne

Mr. P.W.Goldring Senor Torras GOD SAVE THE KING.......... Admission........

The dispute over a cartsin mortgage which $33.780,740.33 has been before the Supreme Court for over a week was continued to day, the Chief Justice $50,30,978.47 presiding. The case was that in which the Hip On Insurance Exchange and Loap Co. Lid, and the Hongkeng and Manila Yeon You knew that- Kwok-Hing Ting was tak Sheng Exchange and Trading Company, Ltd., log steps to affect the sale of the property?-6. Song ****** 10,400,000.00 tund Li Po Yong and Li Po Kam, of Alexandra Ves, but I did not know of the actual pale till 750g

I received she letter of the 9th January, Bullion in hand and in transit... 2,376,585 88|| Building, to recover the sum of $49,062.5, |-: You said in the cross-examination that you. Indian Government rupee paper 2,458,968.56| which the plaintiff firms alleged was the balance made further inquiries, but gained no informa Coasols, colonial and other e-

of principal, interest and costs due after deduction, so that you had to abandon the action?— curities................. 6,743,863.63 ing proceeds of sale and payments on account

What did your further inquiries consist of? Sterling reserve fundinvestments,

ander a mortgage dated 20th January, 1905 sent some friends to make inquiries. I am made between Li Po Kam, the defendant, of sure that if I conducted them myself, I couldn't" the one part, and Yo Yuk Chi and Li Po have obtained any information. Kwai, of the other pirt, to secure repayment of $150,000 and interest, which the mart. gegors faintly and severally covenanted to Stokes and Master, they would have tried to con On, while she was alongside her wharf, wAL pay and which sum and the securities there ceal from you the sale of the pr to Mr. Pollock accidentally set on fire betweit one and for were duly transferred to the plaintiff by Do you admit your statement to

vit:-

at 82

(of which Aus0,000 lodged with the Bank of England. na Special London Ke Serv.)

£255,000.24 % National

During the bearing of a money loan" i810- | £1,208,0033) % Consols ciation case which was discussed before Mr. Jastice Gompertz, in the Supreme Court, to-day, one of the witnesses created a mild sensation. The case was brought by Ng Wai, Nam against Suog Kit Sang, to recover $189 which he alleged was bie there in the association, Ar is a well-known' fact must of the money foan associations in the Colony have monthly drawings, and one of the witnesses. In the case, whilst under cross-examination, admitted that the seventh drawing of hin niso,

£999,500

war loan, at 95.................. 229 50 £375,000 other sterling securities, written down to siding.. 279,940°

*£1,500,000:00

deed dated 22nd July, 1905, and mada between Ya Yak Chi and Li Po Kwai of the ant pan, Li Tanag Pak of the second part, and the plaintiffs of the third part, sendo depilacera Mr. H.E. Follock, LC, and Mr. McNeill, a new barrister recently from Shanghal, instruct 4x3/- 15,000,000.00 ad by Mr. F. L. Bowley (Crows Solicitor) resent the plaintiffs.: Sir Henry Berkeley

instructed by Mi, D. Atkinson, of Mi

and

ciation was held in the Government Land Office Bills discounted, loans and cred

two o'clock whether in the morolog the afternoon we ara noi

Billa

Then do you mean to say if you had made inquiries of such firms as Messin, Wilkinson And Grist, Denays, and Bowley, and Johnson,

?--Yas

Tickets may be obtained from Members or of T. CHEE, Hon. Secretary.

Hongkong, 11th August, 1958,

FIRE ON THE “TALON," "

́A ́PAINTER INJURED.

· [745

A tin of kerosene oil on board the £s. Tal

patients who was working at the time, bad the

Chinaman was enveloped in flames and before assistance could each him he hid been so badly burnt as to necessitate his removal to the

that you did not personally take active interest two o'clock yesterday afternoon. A Chinese in the sale of the property?—Yes.

was employed as a broker by the infifortune of getting his clothes bort.). The Tha Gust be expression that Kwok Hing Company five times. Some one must have of the prompted you to make a special point o fact - simply try to tell the truth,

Treatment. would not have been anything usuagal if perty You had employed Kwok Hing to sell the pro-

Through the presence of mind of or lactance, you remember, there was the transaction on the oth or 1th December, 1906, member of the

It

Tony Wa Hospital, where he is undergoink

Chinese

About a month after the sale of your property promptly thrown or the borning heroes

Rachals

225 400

380 550

Own Make

Krauss

Haake-

250 860

400

325

600

450

WEAR GUARANTEED.

WILL BE STORED UNTIL

REQUIRED.

CASH

or UREDIT

PIANOS FOR HIRE

8$

per Month.

ROBINSON

PIANO CO., LTD.

Hongkong, 16th July, ito

NOOLWOK LETOH.

HOHPE

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