1908-09-10 — Page 4

Intimations.

ESTABLISHED A.D. 1841.

WINE AND SPIRIT MERCHANTS.

THE HONGKONG TELEGRAPH THURSDAY

the number of Scotsmen perambulating Hoog, Shanghai Banking Corporation, and Dr. FOR THE DOUGLA

Singapore, is the chief medical officer. kong to search of a job, and, without the pricele

SEPTEMBER 10 1908.

ANT

ANNUAL, REPORT:

HONGKONG BANK SUBDES

Mr. H. E. Pollock, for the defence, argded af

MENT ON THE QUESTION OF RESPONS!

BIBILITY CONTINUEDIA of a bed or a meat in their pockets has been The names of those in charge of the company's

Adjourned from yesterday afternoon," the unusually large. It is also common knowledge - affairs is a guaranten of its stability and should

The report for presentation to the share

case was continued this morning in which Lan that they have been reduced to importaning ensure confidence in those who become policyholders at the twenty filth ordinary gential A. S. WATSON & CO., passers-by for the necessities of life which can holders: In the preliminary announcement it. meeting, to be held at the offices of the com- Man Cho, alize Lau Hok Shun, a gentleman, is stated that "the Great Eastern is an Easiera | pany on Saturday, the 19th inst, at poor, is | residing at 173, Bubbling Well Road, Shanghai, brought a claim against the Hongkong and LIMITED.

Company for the Eastern People. Its field of an ipllows:----

The general managers have now to submit to Shanghaj "Banking Corporation to recover .confined operations will be for many years

the.sbareholders their report on the twenty-thirty-four Litle deeds, which, it was alleged, wholly to the Eastern or Oriental cooptries.

fifth year's working of the company, ending | were the property of the plaintiff and which were wrongfully detained by the bank. The The investments of its funds will be made

Juke 30th, 1908, principally in the East. All its expenditures

After paying all running expenses, premia of plaintiff also claimed $60,000 damages for will be made in the East. These facts abould insurance, remuneration to the consulting wrongful detention. A counter-claim was en. be a reasonable incentive for the people of the committer, and auditors' fees, there remains toted by the bank for the payment of the sum

of 51,147,450.83 and interest, East giving their patronage to the Great balance at credit of profit and loss account o | $73,462'04' which, with the consent of share- Eastern-their own Company in every parti-holders it is proposed to appropriate as calar." It is also stated, that claims will be follows: settled at once upon proof of death, and as the bead office of the company is so adjacent, no delay, or patty annoyances will occur, as is ton often the experience, in having to settle with a company whose head office is ten or twelve thousand miles away. We are also informed by the initial claim, for up port that policies will be unconditional and world-wide from the date of issue, and that loads and cash values will be gladied after the policy has been in force for the

WATSON'S.

E

VERY OLD LIQUEUR

SCOTCH

WHISKY

A Blend of the Finest Pure Malt

Whiskies distilled in Scotland

Of

GENUINE AGE

AND

not, surely, be a pleasant thing for "brither Scois to contemplate No doubt their own foolishness and waywardness, have brought them to that condition, but the St. Andrew's Society is not an old age pension fund, confer- ring the right on its administrators to ask the why or the 'wherefore of their actions. The Society was started no doubt to promote unity "and good fellowship among Ecotsmen in Hongkong, but the greatest of its principles was charity, to land the helping hand to the needy and to send compatriots "on their way rejuicing. The St. Andrew's Ball, without which Hongkong would miss its greatest social vent of the year, is an excellent means for hringing together the aliens of the earth, but if the Society stops at that its functions are but half accomplished. Indeed, we have often thought it would be worth while to take a census of the actual number of Scotsmen who do allend these, balls. Of course, almost every other man will inim Scotch blood, in him, for the Scotch

are a ubiquitous race, who wander over the face, of the globe with as much persistence as the Jews. There never was and never will be

"To pay a dividend of 5 % on the, expital of the company, absorbing $50,000.00, and to write off the "balance of $33,46204 from the valde of the company's properties on June 30th test." The unprecedented 'depression in shipping has been fully reflected on the Chins Coast; and not for many years has there bena such a scarcity of cargo offering, and earnings have consequently suffered to a considerable extent. Advantage has been taken of favourable exchange and scarcity of orders in Home ship building yarda, to acquire a steamer of similar

type to the Hatching, larger and superior in

every way, at a reasonable cost. The steamer, which has been named Hai-Yang, was built by Messrs. D. J. Dunlop & Company, Port October, and it is maticipated that she will prove Glasgow, and sho ild arrive about the end of a valuable acquisition to the Flect.

The steamers of the company have been maintained in their dinal state of efficiency and are in first class condition. During the year the Haitan bad ber tween decks relaid throughout.

years, the amounts being guaranteed and def sitely stated is the policies. There is certain ly a future for the Great Eastern in this prac. a President of the United States who had tically untouched part of the world and the not the Scotch train, mixed with Irish-Straits Times very naturally indulges and a few other ingredients, in his comin some gratulatory views on the subject. Position: There is hardly a ruler who does observes, that a review of the financial not acclaim bimself Scotch in some way or reports of the different life insurance offices of other when the occasion sails, but that the world in most cases presents astounding dons not make them Scoich, any more than the records of growth and accumulation of funds declaration by an African negro-which we and the records of failures of life insurance have heard repeatedly-that his name is companies, conducted on regular lines, bas been

CONSULTING COMMITTEE. Dougal Macdonald entitles him to rank as a almost mil during the last hundred year,

Mr. Heory Keswick and Mr. A. G. Wood Scotsman. But that is by the way, and is only These facts would indicate that the basiness of

resigned their-seats-on leaving the 'Colony, submitted as an argument that if there are to life insurance has long passed the experimental the vacancies being filled by the Hon. Mr. W. be junkettings and conviviality among those stage, and has taken its place in all civilised. Gresson and Mr. J. W. C. Bougar, The $16.50 who can afford it-there should also be co countries as the greatest of all modern finan committee now consists of Mr. J. W. C. Bonnar, sideration shown for the fallen. It should not cial institutions. Every country points with Hon. Mr. W. J: Gressor and Mr. R. Shewan, be said that Scotsmen are so conscious of their pride to its many large life insurance corpora.who retire in terms of the articles of association,

bat offer themselves for re-election. rectitude and uscious in their lives that tions. The question has arisen, therefor, Why

AUDITORS.:

FINE MELLOW FLAVOUR.

Per Dozen

RAINIER BEER they cannot pardon the back-slidings

LIGHT, wholesome, and

invigorating. Undoubtedly the best Beer brewed in America."

weaker vessels. Charity may. cover a mul titude of sins but it is 20: abounding, in Hongkong at least, and it should be the aim of the Society to combise what may be gener termed comparative licence with

A. S. WATSON & CO., interests should be treated as a son of the heath

[LIMITED."

THE HONGKONG DISPENSARY. Hongkong, 5th September, 1908

133

The Hongkong Gelegraph

HONGKONG, THURSDAY, SEPTEMBER 10, 1908.

ST. ANDREW'S SOCIETY.

All good Scotsmep who are not obsessed by

should the Orient not be able in take its place

with Western countries. In this respect 7. And why should Singapore not have the honourte being the home office of a big Eastern”. Life Assurance Company? It is a well-known fact that the Western "life assurance companies of ous benevolence, at all events towards thost | every nationality bave made the East a great who have a claim on its consideration. That hunting ground for years, and have taken mil. is not to say that every blackmailer who comes lions of dollars out of the East for investment along and seeks to woo the Society in his owo elsewhere, and to the benefit of the finance of the countries where these companies are locat- ed. In the last ten years, there have beep a few life insurance companies started in the East, and they all show records of success: One of the most successful of these companies has its bead office in Shanghai. Its field of operations extends from Manchuria to Egypt. As Singapore is almost in the centre of this territory, it should be a very suitable place for the location of a life insurance company's bare of operations. The Great Eastern certainly starts under most favourable conditions, having Board of Directore selected from amongst the most successful and enterprising of Singapore's cltigens, which alone is a guaranten to policy

and the heather, but there are many cases which escape the notice of the Society or are ignored. We are perfectly well aware that the President, Mr. Robert Shewan, disperses bi- most unlimited charity in aid of his country man, and he is probably the most typical example in this Colony of one who does not let his left hand konw what his right hand is doing, but he is poly one among many, and should not be allowed to perform all the duties which properly belong to the Society as a whole. Ae are told in the report that the entrance he is "ooly $5" and the anoukl subscription St but where does that money go to? So far as we have ever dis

the importance of the individuals at the head covered the Seclety only meets'about once holders of an honest and fair administration pl

of the St. Andrew's Society will wonder, if they care to give the matter a thought at all, what "raison d'être the Society can adduce for its exist. ence, judging from the annual report which has just been published. It seems that last year the Society did one notabe thing-it managed to organise a ball which was both a social

year to settle the details about the ball, and appoint tremendous commitees.

1. whose main requirements are to wear an insignia of offies in the shape of a rosette and look as beautiful as grudging nature will allow. Is it not about high time then that, the, Society should give some small soup con of attention to those unlot

and fipancial success." The Society, or rather innate brethren who have belied their nation

a few of the flite of the members, enality by failing to succeed? - tertained the officers of the Came. ron Highlanders to tiffin at which the

members, who bad the bouoar of being

NHW LIFE INSURANOE COMPANY,

Affairs. Although the Great Eastern starts under the most favourable auspices we may expect to see the results of its operations in Hoogkong in the near future.

LOCAL AND GENERAL. three principal sugar Companies of Japan bave organized a trading trust.

www.imagetw

the bearing was further adjourned.

Telegrams.

HONGKONG TELEGRAPH

SERVIOLAT

NEW RUSSIAN MINISTER.

ARRIVAL IN PEKING,

By courtesy of the Sheung Fo

Peking, 9th September. The new Russian Minister China has arrived in Peking.

He had an audience with Their

length on the quasifon of responsibility, and Majesties the Emperor and Empress Dowager to-day and presented his credentials.

CANTUN DAY BY DAY.

LOCAL WEAVING COMPANY'S 'PRODUCTS, {From Our Own Correspondent.]

Canton, 9th September.

A cotton weaving and dyeing company was- started at the beginning of this moon, by a gentleman named Chu Ya Chun and in alab fished in the district of Ching Yuen, The company has now turned out cotton cloth of various descriptions as well as singlets and

socks. Some of the products of the company pretty favourably sagarded by and by are pretty regarded by the Chinese

people.

A WISE PRECAUTION. As a precautionary measure against fire the Canton Police authorities have issued orders to probibit residents from hoisting up lanterna in Isrge numbers on lope of roofs in celebrating. the Moon Festival to-morrow eveninge

MOON FESTIVAL!

On the occasion' of the Moon Festival, a The amounts appearing as "freights doe"eneral public holiday will be observed bere and accounts receivable" have since been to-morrow, the 15th day of the 8th moon; there will be no issue of native newspapers on collected,

that day,

↓

The accounts have been audited by Mesars. A. R. Lowe and W. H. Potts who offer them/ selves for re-election.

DOUGLAS LAPRAIK & CO., General Managers.

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 3ɔTH JUNE, 1908. To Dividend paid for year

+7

By

ending 30lb Jane,g>7 $80,000.00 Amount written off for depreciation for your

ending job June, 1937 37,488.15

Exchange accopolamine öve Auditors' fees.....................ES Remuneration to consulting

committee for 12 months ..... Remuneration 10 general mio- Agers for office expenses, for 2 months....... Balance

1

THE TELEPHONE COMPANY, Representations have been frequently lodged by residents with the Telephone Head Office complaining that the lephone operators in the various stations have not attended, to their duties satisfactorily, the telephone connection. being left unattended for the best part of the day and the bell calls meeting with no response b many cases.

PROMOTING NATIVE INDUSTRY. The prefecture of Yeudz Kong is famous for its product of leather pillows and trunks, but the manufactures never think of igrning out their articles in other forms more suitable to the people. At the meeting held yesterday of the Caulon Self-Government Society for the promotion of native industries, it was resolved to ask and encourage the Yeung Kong people to manufature portmanteaux and other articles of foreign style for the Canton market,

ANTI-OPIUM CAMPAIGN.

NEW REGULATIONS.

[By courtesy of the “Sheung Po"]"

Peking, 9th September. The Special Commissioners of Opium Suppression lave drawn up

opium prohibition. additional regulations in respect of

They have memorialized the Throne on the subject with a request that the regulations be put into force- forthwith.

CANTON-HANKOW

RAILWAY:

SIR CHEN-TUNG CRITICIZED:

[By courtesy of the "Sheung Po."]

Peking, 9th Septembər. Some time ago the Ministry of Posts and Communications deputed an official to Kwangtung - charged with the duty of investigating and reporting upon the progress of the Canton-Hankow Railway.

That Commissioner has since re- turned to Poking.

In the report he has submitted to the Ministry of Posts and Com- munications, he alleges that Sir

Hongkong URICKET CLUB. |-|Chen-tung Liang Chang, president

$117,488.15

2,327.54 On Satarday afternoon, the rath instant, Co0.00 commencing at z p.rs, the following teams will 'meet in a match on the Club ground:-

2,000,00

of the Canton-Hankow Railway

Co., Ltd., is the nominal figurehead

Probables:-Csprain H. M. Beasley, R., only and does not exercise any real "Messrs. W. Edwards, E. A. Fowler," Capt. Groeit, R.A., Mr. E. H.. Hindr, ft. G. R. influence on the Company. 10,000.00 Home, 3rd Mid., Messrs. R. O. Hutchison, A. The report further states that, 73.462.04 E. Lanning, H. R. Makin, A. W, J. Peakej

Bixty

Corp. Sharpe, 3rd Mid., and W. C. D. Tarner, under Bir Chen-tung, only $235,777-73 Possibles-Pio, Barton, 3rd Mid,, Messrs. R of railroad have been constructed

Balance of profit and loss ac

count, 30th June, 1907........$117.48 2.15 Basa, R. E. O. Bird, A. A. Claxtoo, E. W. Dáy, General interest account ......... 2,848.19 Corpl. Gooding, 3rd Mid., Lt. L. C. Larmour, Interest on mortgage account... 43,355.01 R Messrs. H. L. Manderson, T.E. Pearce, 1,070 80 E. B. Reed, F. H. H. Stevens, R. C. Witchell

and A. H. Young.

Coal account

Profit on rysning the company' steamers during the year as

41,915.57

$105,777-73

BALANCE SHEɣt for the YEAR INDED 30TH JUNE, Igol.

·LiabiNtles,

Capital account!-- 20,000 shares at-550........... Reserve fund..ision Underwriting account of tbe com

pany.....

Unpaid burg............ Uepaid dividends Sundry accounts payable Profit and loss account

Anets. Value of the Co.'s steam-

ers:- Haftan, Hai- ching and Haiman,

$1,050,000.00 264,538.79

99,067,32

SHIPPING AND MALS

VAILS DIK

American (China) i6th inst. Canadian (Emprési of China) 17th inst." German (Prine Waldemar) 18th inst.

The Mogul Line ma. Patkan left Singapore yesterday, for Hongkong.

The E. & A. Co.'s us. Hastern, which left 'here on žest ult,, arrived at Sydney on 9th inst. The Ben Line 2.1. Bandoran from Mid- 1380dlesbro', Agtwerp and London left Slogapore 374.00 yesterday far this post.... 33.519.79 "The N. Y; K, 1.5, Yebosh!" Maru, Bombay 73,462,04 Line, left Moji for this port on gth inst., and is

expected here on 15th inst. 51,471,199 94

as per last report 4.5675,763 00 Less amount written off

as resolved at the.

last general meeting 34,263.00 Value of buayanad moor.

ings at Swatow, Amoy, Tamini and Hongkong, as per last reporty engine. Additions since made ...

· 31,500,84 3.165.00

$34,565.84-

The C. P. R. Cols ss. Empress of Japan arrived at Nagasaki at 7.39 a.m., on toth inet, and leaves again at 4 p.m., same day, for Kobe, where she is doo to arrive at 6 am., on 12th inst. The Java-China-Japan Lijn sa. Tjiž nas Jalt Makaria for this part on foth fast, and may be expected here on 18th inst., daylight, and will leave for Yokohama and Kobe or or about 23rd inst. MANAGE

while an expenditure of six million dollara has-been incurred.

Disappointment is felt by the officials of the Ministry at the allega tions contained in the report.

[Renter's

Morocco..

LONDON, 8th September.

A French column, five thousand strong. left Budenib yesterday morning to attack the Moorish camp.

The enemy attacked in front and flanks en route in an attempt to out-flank the French, but were' ultimately routed after a four hours fight..

The artillery checked the rushes of the Moors, who were never able to approach the infantry..

The French casualties were as wounded; The Moorish loss was heavy.

The Spanish Ambassador has presented

The M. M. Colt 1.5. Ville de la Ciotat, with to M. Pichon, French Foreigo Minister, the 500.00 the French mail of the 16:b ult, and mails from reply of his Government to the French pro- Landon of the rgib uit, will leave Saigon as possis regarding the guarantees required of Fith inst.. At 4 am, and may be expected to Arrive here as 14th inst, and will leave for Mulai Haßd for his recognition as Sultan of Shangbat nd japan on the same nitemood. Morocco.

THE Ministry of Posis and Communications intends to organize a company of forestry for the exploitation of the forests in Anhui, Kiang. si, Fukien and Kwangtung, which are of im mense extent, Several deputies have been appointed to proceed to these provinces 10 allowed to be present, did themselves great credit, and reflected glory and renown on the

Yore than passing interest will be given to make investigations.. lion, rampant, Certainly the "entertainment the formating of the Great Eastern Life Assur-KER, MAH, an earth coolic, received the bard was met by private subscription, but never-ance Company, Limited, which has just been band of the law in the Police Court, to-day. theless it was a 8t. Andrew's Society affair, and established at Singapore. While there is an Kes was charged with keeping a commos while no one could have the slightest objection abundance of Marine Insurance Companies gaming hours in No, 6-cowshed, at the Dairy to the feast, the fact that all the members could with their headquarters in the Far East, there Farm Company's premises, at Pak-foo-lum yesterday, Un being found guilty he was fined not, if they would, attend and hob-pub with are few oriental companies who seek to develop Saco, she alternate being three months' gaol. the bon ton of Hongkong Scots most have the life business of insurance, so that the robbed it somewhat of its trop value. But that prospects of the new company are uncom Ax amab, with very little respect for her em ployer, was charged and convicted at tha is not the point ws wish to make. The Socie monly bright and the fact that it is

Police Coprt, this moraing. The accused- ty has a credit balance of something approach. practical.y a local concero-local in the

Pang Lis-who was in the service of Mr. W. H. Williams, headmaster of the Victoria ing $5,000 and unless we are mistaken the sense that its operations will be confined at „Society, was formed primarily to aid and the outset at all events to the Orient, its capital British School, was called upon to answer Assist distressed and indigent Scotsmen who obtained in this part of the world, and its counts of disobedience, and for behaving is an found themselves stranded in the Colony. How investments placed in Far Eastern stocks insolent manner towards her employer. Os bach of these charges she was found guilty, many Scotch wrecks were salved last year? It should commend it to those, who realise the and was ordered to pay a fine of $to, Her fs a well-known fact that there is a very large importance of banking their money for their wages up-to-date were also ordered to be number of Scotsmen among the floating own future benefit or for the benefit of those forfeited. population of Hongkong, and many of dependent upon them: The Great Eastern A FARMER from the, interior, who arrived in | them are not lofrequently reduced to the starts with an authorized capital of Sagapoo, the Colony some days ago on a visit to friends, lowest ebb. We need not stop to inquire bow a very modest sum for a company which brought with him a leather box containing they come to be in such a position that they intends to operate throughout the Far East, about $15 worth of clothing. This bag the farmer-Teeng Pup-missed yesterday while raay have to hard with the riff-raff and hol- and apparently so shares are being offer standing on the pier waiting for a Yau-ma-ti polloi because the frailty of human nature ad for subscription. The chairman in MzG. A. ferry. Fortunately for the tiller of the land a will not stand analysis, Enough that they Derrick, a well knowe business man in Singa-coolie had seen,how the trick had been done, have reached, we will say, the depths, port, and Mr. A. Asmus of Messrs, Behn, and pointed to a man walking in the direction And of coures are correspondingly peni Meyer & Co is the vice-chairman. The of the Cobial Market with a bag bearing a tent for their misdeeds is the past How managing director in Mr. A.H. Fair, of whom close resemblance to that of the farmer's. A chase followed, and the suspected one cap many of these hard-luck Scotsmen were we have no knowledge, while the other directors fured, the bag being restored to its owner. THE Nippon Yusen Kaisha has discharged haped by the Society, whose credit balance is include a solicitor, Father Courrour of the His Tals morning, the accused-Tang To-was sixty officials and has placed ten on the nearly $5,000? It is telling no tales out of siona Etrangères, and four Chinese merchants. given a month's hard labour, in the Police list. It has also kholished two

when we say that during the past year. The company will bank with the Hoogkoug and · Counti

amount written off as resolved at the

*

- lastʼgeneral pesting ......5,218,15, Payments on account of sow

Loans on mortgage........... Hongkong & Changhai-Banking

steamer ......RLIKSIRAN: KOLUŞURAN

Corporation (carrentaccoset). Freights dos on sath June, 1908 Sundry accts, receivable from

agencies, dec Coal afe, stock la band Cash in hand on joth June 1958 Unexpired tonnage dues

The two Governments are completely agreed on the main points, and the tension resulting from Germany's attitude appears to

THE Chineas Government has appointed Mr. J. E. Fole, Traffic Manager of the Imperial Railways of North China, to negotista, for the jupetion of this line with the South Manchuria be considerably relaxed in consequen Railway, which is to; be represented by Mr. Tadaka, one of the directors.

རི་པ་ད ེ་

Naval Movementë, Admiral Sir Percy Scott with the

-531.437.69 WHEN the leamer Sui An reached her wharf Service Squadron composed of

from Canton early this morning, a bundle of cruisers Good Hopt, Antrim and D 231,984.36 clothing worth $10, belonging 10 leather bas sailed for South Africa in 348,000.00 artist, was found to be missing. Up to eight with the meeting of the Federat

o'clock this moreing the search for the thief 193,976-77 | ended. fruitlessly. The shoemaker, who bad 64,459.90 giran up all hope of recovering his goods, got on to a tramcar, when his gaze fell on a bundle 45.170.64 | in the hand of one of the passengers, which 1,911,00 | Tooked dangerously likeshe upeke had lost, The $34.40. shoemaker told the stranger what the thought 1,235:18. and ordered him to show the contents of the

· bundle ---The stranger refused, with the result $1,471,199.94

that the car was stopped at the next stopping point and the stranger given in charge, On zakar examination of the contents the iva "claimed the bardia, The

Chanama larmer, pleaded guilty. and wes Dentenced to

tion..

H, M. S. Carnarvon will join ton at St. Vincent.

mig

LOOKING very much annoyed down-at-the heels, a coolie, by pleaded guilty in a very soft County-to-day, to Mak forced an entrance, part of the door,

•stole