1910-05-07 — Page 11

THE HONGKONG TELEGRAPH SATURDAY MAY 7 1QIO

Bank ManagER `BANQUEITED.preciated the bag-pipe (Laughter). He had

MR. W. M. ANDERSON ENTERTAINED

AT THE CHINESE CLUB.

and inst.

knows the Chil'man fat some years and ha was a man who was held in high esteem by both the Chinese and European communities, The toast was accompanied with musical boncurs,

Mr. Lau Chu Pak said he did not koow in what other respects the Scotch and Chinese were alike but Chinese were as lond of telling stories as Scotchmen. The speaker then re- lated a well-known Chinese legend which was immensely appreciated.

Mr. G. A. Moir proposed the health of "The Hosts," which was received with musical hon.

ours.

Mr. Wai. North as the oldest member of the staff proposed the health of Mr. Iu Ku Yoan. The toast was heartily responded to.

taken by A Fong to the course of the evening

Flashlight photographs of the gathering were

On the occasion of the impending departure of Mr. Wm. Anderson, the ¿cual manager of the local branch of the International Bank- ing Corporation, he was entertained to dinner by the leading Chinese bankers and merchants on Saturday night at the Chinese Club. The Olub building was tastefully decorated with flowers and flags and covers were laid for 74 parsons. Including the European staff of the International Bank, Mr. Lau Chu Pak was in the chair, while on his right sat the guest

of the new panager of the Bank. There were honour and on his left was Mr. N. S. Marshal),

also present Mesurs, H, K. Kilby, G. A. Moir, Wm. Norta, J. Forrester, A. L.. Shorey, F.M D. Coansey, G. Stewart, Ng Li Hing, Ho U Ming, Wong Kum Fuk, C. Lee, Cheung Man Hing, Fang Taog, Moi Kai Nam, Chu. Foo Lau, Ching Yung Fong, Li Tzo Chiu,

The first moating (statutory) of this company Wing Sing Loong, Kwong Fook Tung, Wo Shiog, Ho Ngok Lau, Luk Lai Cho, Yo"Hing was bald at Singapore on the 25th alt, when Loang, Chow Kam Wing, re Val Man, Leung there were present Messes W. M. Sime, Chair- Hok Lao, To Fat Suu, ni dan Hing to Kainan, W. L. Watkins, A. Walkius, A. W. Bean, Us, Yuen Fung Yuca and Yes Siu Yoon. Fiaok Adam, O. Schwemer, J. C. Koopman,

Spiers.

The toasts of The King" and "ue Emperor of China" having bena proposed, the Chairman gave the principal, toast of the evening, "In doing so, hạ said that the day he had the honour of performing that aight was oue of the pleaszotes since he had the honour, of boiog appointed Provides of the Club, because the gathering that evening was, a social poo and free from any bealed túpic or solid del. beration. They wore there that evening to Say good-bye to Mr. Andersua on the eve of his departure for Bombay to také up a more in- portant and lucrative appointment (Laughter) Personally, he bad no knowledge of Mr. Anderson's many foe qualities but he had often board of his courtesy and considerateness” After further remarks of a felicitus, aurt, the speaker proceeded to read the following

address which is to be presented to Mr. An- derroa embroidered on a handsome scroll:-

Mr. Anderson, a native of Scotland, was highly ambitious, accomphsbed and talented when he was a tad. As he advanced in age, ho came to latin in the East, gaining much saw knowledge by studying fully the habits and customs of the inhabitants of the place. After a long sojourn there, up to the year 1954, he took voyage further East and accepted the post of chiel accountant 10 the Guaranty and Trust Company of New York'in Hongkong, where he showed extraordinary abilities. Shortly there- alter, be took up an appoint neat in the foler- national Bank and was made manager of the various branch offices to South China and the Straits Settlements. The latter office he filled with equal tact, so that in the year 1958 tie was promoted to the appsistident which he has just relinquished in Hongkong. Here, too, things in bis c are wore in perfect order. Ia the transac tion of business he was conspicuous in his comm 10 se, no less than to affability. 40 short, being just, considerate and vastly ex- perienced, he was as clever as he was success- ful in organizing,any management cotrusted to him. Now, on the eve of his departate to take up an office in the Far Eastern Bank at Hombay, we, Chincie Merctats, take this op portunity to congratulate the said inkon accur ing the services of such a capable man, and at the same time to express our regrel at the loss of a worthy friend from our mider. As a joken of esteem and regard, we respectfully give him a farewell dinner and express our wishes and sentiments as follows-In Mr, Anderson

We find a man gemine and true,

Unpresumiruojis ja chibacter,

He is amiable in the treat of others,

Always fair in business dealings,

His wishes lie in the guamatists of national wall.

Now, ha heis going nfar,

His mind the busily occupie

Alay his journey tic male onder 10k

Tricent pinger.

Though inginct art pena be the rezart, We quite in Bidding kan farewell

mar

The toast was cathusiastically received. Mr. Anderson thanked the Chairman for the kind way in which he had proposed his health. Any success which he might have altained was due to the assistance given to him by Mr. Rp Ya Ming and the Chinese staff of the Bank. He had been knocking about the world for the last twenty years and he did not hesitate to say that he had never dealt with any people more honorable in their dealings than the Chinese (Applause) He wished them prosperity and success io business. He asked the company to drink to the health of Mr. Ho Yo Ming.

The toast was heartily honoured, Mr. Ho Yu Ming in responding to the toast said that it was the third occasion of his being present at a farewell dinner but i was the pleasantest in his experience. Among all the firms in Boogkong, there were nane which bad so much connection with the international

Bank than Chinese Arms, He had never heard any complaints against the Inter- national Bank. The affability of the mana ker and the complacent manner in which

the

compradove conducted the business were appreciated. He was glad to hear that Mr. Anderson had secured & more imporisat post and hoped he would some day return to Hongkong

Mr. C. H. Les proposed the bealib of the other guests. He said they were delighted to have so many friends there that evening and that their presence had made their modest function all the more pleasurable. They were particolarly glad to have met that algat the gentleman who would soon take over from Mr. Anderson the heavy responsibilities of office. In Mr. Marshall, the pew Manager of the Bank, they might be sure that the authorities at Wall Street, had sent a worthy successor who could be trusted to maintain the fine tradition for honourable dealing which his predecessors had established for their banks at This port Mr. Marshall's reputation had, indeed, preceded him to Hongkong and both the Inter national and its customers here might well congratalata themselves on his appointment. They did not doubt thai, under him, the satisfactory relations which had so happily subsisted between the Baok and its Chinese constituents would be fostered and strengthen ed. The toast was coupled with the name of Mr. Marshall, ·

Mr. Marshall said he had known Mr. Ander for many years and they were great friends. He was not only proud of their friend ship but he was proud to be his successor. He was do! 'spocch-maker and, was therefore not equal to making a speech. His heart was too fall for words, in fact, not only was his heart full but his whole anatomy was full. In the words of Harry Lauder, he was absolute

fa (Loud laughter.),

By

Mr. Ho Ya Ming proposed the toast of "The Fress."

|

RUBBER MEETINGS,,

PANTAI LIMITED.

After the usual remarks as to this belog the statutory meeting after the formation of the company, the chairman proceeded I say that tapping would commence on.ist May with 8oo trees,, the number increasing to 4,000 on 1st August. Although not stated is the prospecļus, the vendors had obtained from the Government additionalá acres and had made over this acreage, to the company free of charge, making a total of 1,000 acres, Since the taking over of tas estate by the

(Spectat

IN SHANGHAI,

BRITANNIC BLUNDERING. to the

Hongkong Telegraph."} it is a strange thing that in whatever sphero of Colonial and commercial activities the Britisher travels, he is constantly making mistakes, No doubt these mistakes arG largely personal and characteristic of the officer who makes them, but the fact re-

mains that the faults which the perpetrator

is apt to be officially, ashamed of and in the ultimate isso very auxious to wipe off his official Ing. When it comes to a matter of considering the question of

CONSULAR, AFFAIRS

such parts as Canton, where British shipping in such Crown Colonies as Hongkong and in ban for many years been so strong, it is with difficulty that one can understand that a Britisher gets less consideration thag a Sean dinavian or a German.

Yot the fact is there, that our mercantile marize service-the midst important in the' universe-includes more than 60 000 Scan dinayang la its ranks."

In the same way, the people who have helped outside, inflaces has committed many mis- most in opaning up the Middle Kingdom to

through its representatives. The latest rns of takes either through its own personality or thesa was made by the British authorities

IN BHANGHAI,

re

A

WANTSAL GOVERNMENT...

SCHOOL

PRESENTATION TO MR. YOUNG HEE.

Much

Mr. Young's departure, as he has, by earnest ragtet is expressed by the pupils at devation to his work, endented himself to them all In the evening, Mr. Young was entertained by the members of the staff We woll-carned promotion. beartily congratulate Mr. Young Hee on his

BOLLION

Messrs, Samuel Montagu & Co.'s Circular dated Loodoo, April 7, contains the fallowing

Gold-The Continental demand for bar gold bas ceased. Fue arrivals, amounting to half a million sterling have been bought by the Bank: of England with the exception of £205,000 re served for India.

145

BOY SCOUTS FOR HONGKONG. LANE CRAWFORD AND CO, LID,

A FEEDER FOR THE VOLUNTEERS, (Special to the." Hongkong Telegraph.") |

GREATER INTEREST is manifested in the Volunteer Corps than is tho case in our Colony.. Dvan in Shangbai, with its cosmopolitne crowd that make up the European population, the Volunteers are fu the ascendant. The same remark can, salely be applied to far Tientsin, where the voluntary #oldiers did excellent service during the Boxer rising.

ANNUAL" MEETING,

The annual general meeting of shareholders in the above-named company was held at

W. Crawford, John West and David Campbell Shanghai, on 27th ult, Mr. Jan., Ambrosa pre- alded and there were also present Mossts, D.

Trevor Smith, and W. S. Featherstonaugh (directors), H. H. Road, E. H Duppidy, J. (Secretary), representing 1,189 shares.

born read, the Chairman said

The malice convening the meeting having

Wautsal Gorarament School on Saturday last, B den Powell is proving to be in Empire de When on Treads the Home papers and gets A pleasing ceremony took place at the to culise the important factor that General when the scholars assembled and, much to his fance, ons living out here can not but begic to surprise, pisscuted the headmaster, Mr. Young wonder that the system of training of bays by Hee, with so illuminated address and a gold the heroic soldier who fought a well is the his promotion to Queen's College as supervisor We in this Colony have to deplore the fact pendant suitably inscribed on the occasion of Boer War has not been adopted in Hongkong, of trapilation and varnacular studies. Mr.that the Valunteers as regards strength of rank Young Has bas held the post of headmaster and file are not up to the standard that one year ending 10th February, 1910, having been'in Gentleman: The report and accounts for the for over seven years, during which period the would expect. Year after year the inspecting your hands for same tinie, I propose with your school has made marked and steady progress General, while extolling the discipline and permission-io adopt the usual procedure and

so thin in avery way.

good work of the corps, has to say always take them as read, but before proposing their a final word of regier that the rauks are adoption. I would like to draw your attention to respect of its Volunteer Corpa, Hongkong item is the result of the year's working which and their number so tow. In several of the items shown there in. The first

bours. In Calcutta and Bombay, in Colombe, of the previous year, it being $44,5X1,37 an compares very unfavourably with its beigb. am pleased to say is much better than that the Volunteering spirit is strong; in Singapore against 337,916.05 in 1908, or an increase for and the Straits Settlemente generally it is no the year of St6,545.32 which I think you will äll leas true that

agree is a most satisfactory result, There have been raunany during the past year which might have led you to expect a different result to this, I refer to the continued and general stagnation of business in Shanghal together with adverin climatic conditions during the year under re view. You are all well aware that business generally has not been good, and with regard in the weather we are I `ibiük all agread that in a business such as ours nothing nach affects. It like the weather,

and I venture to think you will agree with niu that during the past year the weather was-to say the least of it very unseasonable, so 1 think it is a cause for congratulation that your directors later atk you to adopt. The balance as credit are able to present the report which shall of profit and loss account amounts to $99,369.95 which your directors propose dealing with in the following manuer, To pay a dividend of ten per cent for the year, which absorbs $15,000.00lnay- ing a balance of $74,229.95 to be carried forward to the current year as against $7,925,37- carried forward from the 1908 account. Land POWER IN THE LAND.

the pleasure of being the guest of his kinsman

and balldings stand in our books at $18,851.53 The writer has never had the privilege of or an increase of $81.00 during the year, aud mesting. General Baden-Powell, but has had as we have so recently acquired the property it has not been considered necessary to write Sir Francis Powell, at his beautifat home in,off anything for depreciation. Sundry debtors- Argyleshire, and the latter, although he has devoted his gifts to art and Lot id soldiering, shares with him in his keen military sensibilities and the need of natiodal defence. General Baden-Powell,.as is generally knowa, has now resigned from the Army in order that be may devote his entire energies to the cause of the Boy Scouts. That he will not suffer in con- sequence is certain, and it is also a foregon6 conclusion that his affures in the Colonics will prove as successful as they have been in England.

1

og Apai 23 had been

The main point is that incautive has to be given to the youths of Hongkong to make them desirous of preparing themseivas, in a military sease, for the worst that can ensue in the inatter of defending the territory in which they live bable that General Baden-Powell will, in his and have their being. It is not at all impro forthcoming your for the furtherance of his patriotic projects, pay passing visit to Hongong and possibly his coming will result io the raising of a corps of Boy His Maiorities at

cess and the Day Sebuts are now a

As regards North China, "according to contemporary a certain amount of feeling", A considerable quantity of gold coin has been seems to have been aroused in Germany arran.ed for shipmest to Loaded from the in connection with the question of the Uaned tates of America, and a small sum Municipal Police in Shanghai. According from Holland. It is not likely that more will to information received in Berlin, the come from the latter quarter, as the Dutch British Minister in Peking has issued, in Bank rate has been raised to 5 per cent. company with a cultivated area of 191 acres gulations for the guidance of the police at due from Australia

King Edward's.

tutes name,

And 40 acres had been planted, and 30 were in

Un Friday it was announced that £75,000 course of being plauted. Further 120 acres Shanghai, and the Germ Press is declaiming acquired for the Tadias Currency Res:rre, for cultivate a short time, which will bring scherpaomiralty dated May 7. On Saturday £190,000 in sovereigns Home have met with the most market suc. have been failed and burned-and-will-be-road-against this policy. The semi-official:"Köl-and-yesterday Lion,ngo dug from Australia.oncoure in this Colony, the number of acres under cultivation to 484. from Shanghai, says that this means one-sided from Egypt was set aside for the same purpose, The production of rubber for the second year Eglish Interference in international rights, as already arranged. cao bé estimated at 14,000 lbs. us against '9,000

and an attempt to place the most important The following ainouat were received by the the police-under exclusively British control, Apl. 1, £202,000 Apl. 4, 141,000 in bar gold. part of Chinese (7 Shanghai) administration- Bank of England: although they are really subject to the control $128,000. 6. 15,000 in bar gold. of the, consular courts, in which Germany is represented.

2, 17,000 i sovi from Australia, " 41 30,000 in say, from Egypt. Withdrawals were made as under- Mch. 31, 10,000 in sovereigas for Amsterdam. ** 31,..., 5,000 ia sovereigns set aside for Straits Settlements 6. 3,000 in sovereigos. for South- America. (It is expected that a further £300,000 will shortly be taken for the same quarter.) £45,000.

The cat influx during the week amounts to

abs. mentioned in the prospectus. The supply of labour is ample.

There were no further remarks and the meeting closed,

CHEVIOT RUNDER LTD. -

to the repart of the abovs company to be presented as the statutory meeting which was state that 47,000 shares have head allotted, the to be held in London; as April 7, the directors per share called ups producing 10,000. The preumicary expenses (other than broker- age) are estimated at £,jo),

LABU RUNDER-COMPANY LTD..." We have also received a copy of the report of the Labu (F.M.S.). Rubber Company Lid, which will be suomated, at the third annual meeting of the company in London. The report contaios information regarding the sale of pari of the estate (1,229 acres) to the Cheviot Company, which leaves the „Lubu“ Company with 1,597 acres of cultivated Para rubber and 1.57;' acres of reserve land. The consideration price to be paid by the Cheviot Company is 30,030" of its shares of Leach tally paid. The manager's estimata lor 1909 was 65000 lbs. of dry rubber while the quantity actually shipped was 86,761 ibs. Che average price obtained after de duction of freght, insurance and other charges was 71504 as against 1/6 for 1908 and 36 for tyas. The estimated output of dry rubber for 1910 is 230,000 lbs. Having commented favourably on the condition of the estate, the report goes on to slate that the working account shows a balance of £23,831, s. 5d. Out of thin the directors recommend a fiual dividend of 171 per cent, making with the interim dividend of 7 per cent paid November last, 25 per cent for the. ́year, as against. 7 per cent for 1998. The above balance does not include the sum of 13,011 175. aid, being the profit realised on ine sale to the Cheviot Rubbar Lid. This sum it is proposed to transfer to the reserve

sccoual.

In a circular accompanying the report it is pointed out, that representations have been made to the Board by a number of large shareholders advocating that each of the existing Lt shares be subdivided into ten shares of al- each, and it has been decided, subject to the sanction of the shareholders at the general meeting, to make arrange menis to carry out this conversion,

SINGAPORE RUBBER CO.

it is proposed to wind up the present com- pay; to modify the constitution of the com pany, to get rid of founders' shares, and form a new company, of which the following are the

'short details:-

A new company to be called The New Sin- gapore Rubber Company, Limited, to be incor- porated in Singapore with a capital of $1,250,000, divided into 250,000 ordinary shares of $5 each. (1) The assets and Jiabilities of the existing company to be transferred to the new company. (3) The new company to acquire the 20 founders' shares in the existing company from ordinary shares in the new company on the the holders thereof in exchange for 25,000

understanding that the new company, make no claim so the purchase consideration payable to the existing company in respect of such founders' shares.

We poderstand that deficits notice is In be laken officially of the matter by the German Government, apd it is to be presumed that, as the local represeptatives of the United State Departmeal in Washington strongly ob- States Goverement have communicated with the jeçting to the arrangemet, the Washington Gaverament also will make its voice heard."

If England is putting in its oar where it is. not wanted, well it will be all the worse forber, for England has quite enough to do at. prepent in look after her own immediate, interests, When China seeks a friend in time of trouble certaluly Great Britain will be the first country to be grasped by the band.

ther for,

it

In these circumstances, behoves Great Britain and its Consular representatives to show an increased consider ation for the peoples of foreign countries in which they are living. Of

ALL PARTS

China is one of the most important in this point of view, and too much attention cannot be showa to those ambassadorial or consular servants who serve our neighbours. That there is ao lick of respect accorded them is a well. known fict; my more than is the traism that British pleopotentiaries, ambassadors or con. suls are hailed with general satisfaction in whatever foregs can tal or poit is which it is

their failure to be cat.

It may be that the above remarks, emanating from the National Review, have been hastily written and ill-considered but if such were the case it would be contrary, in the policy of that paper which is one of the best informed in China and 'nni likely to misinform, its clientele na aay matter of public polity. As A Britisher, nfl that the writer would like to add is that in the Far East the British Consular ser. vica suffers from too much draping of rad tape. in Canton; for example, if an Englishmao ilin any kind of difficulty that calls for Consular care and interference he will by preference

resort to any of the Consuls but his ows. Nor is it in the result profitless that be should do xo, for from the American Consul he can always be sure of getting a great deal more al consideratenow that that which he would re- ceive at the hands of the representative of big -ówn country,

:

14

Silver-During the month of March the price mudo steady recovery rom the first day on which was registered the lowest prices for cash and muŠ., viz. 43 3/16d.; abu 12d. to the last day of the mouth, wace both prices were fixed at 21 3/161, the tughest quotations

cly one peung rise in the quotation for Whilst the ladian Bazaars were recovering breath after ce auuden tiscal blow of February 25, masy foreign countries bought freely, and close on balf a miluen grounds worth left, this side for.the Continent.

CASA.

དྷ

The average work out 13,685 for cash had 23.72 for 2 was, slightly lower than those of the preceding mouth. On fourteen days, the 2 mos. price commanded a premium of 6d. The ions of the market continues sound.

The Indian Basaar bas been a substantial buyer, and the amount that will leave by the Settlement steamer is likely to exceed £400,000. 50 large a shipmentis far from an unhealthy sign, for, inview of the comparative small sock io lodia; it implies that the absorption of substantial amoume is anticipated to that conatry.

Pecos would containly have risen aliove 4d. instead of receding 1 34d. had it not beso for a revival of Chinese import trade and the great 2130 16. the price of judian opium; which necessitated, occa isoul sales of silver on Caina account; those sales though limited in mount had to be reckoned with to the

aggregate-add, besides, ir mere apprehen.

sion of irenc Salas trám Uhina acted as a check to any upward tendency in the market.

The demand for India Council allotments of 130 lacs being less keen, the amount for next work has been reduced to go. 7

A shipment of £74,500 was made from San Francisco to Hoogkong on the 5th instant.

The departure of the setlicans sicamer had the natural effect of causing cash silver to day to go to a discount of 1/16d:

*

·

MANILA CATTLE TRADE.. PROHIBITION AGAINST DISEASED ANIMALS.

Messis. Mocalta and Goldmaid's Circular Secretary Worcester has decided to discan.dated London, April 8, says: tinue on Juce the issuance under any circum. stances of permits for the landing of shipments of diseased cattle and formal instructions to put the order in effect, have been forwarded to Dr. Nesom, director of the bureau of agricul

ture.

Toe issuance of the instruction by the seces Secreinty Gilbest, to whose control the bureau tary of the interior followed a conference with

is soon to pass, and it carries with it the appro val of that official.

The latter of Secretary Worcester to Director. Nesom is giren below in full..

(4) Every holder of ordinary shares in the

"I have the honour to inform you that in view extating company to receive 45 ordinary shares of the continued arrival of clean shipments of ordinary share of Stoo ia the existing comportations of beef cattle from poitions of Aus of $5 each in the new company for every cattle from Pnom Phen and the proposed im pays

tralia which are free from dangerous communi. (5) The directors of the existing company locable animal diseases I am of the opinion that be the directors of the new company-Free the time has arrived when it is in the public Press.

interest to discontinue the issuance, under any circumstances whatsoever, of landing permits for shipments of disessed cattle.

HONGKONG-BUILT LIGHTER,

SALVAGE CLAIM SETTLED.

The lighter that was built by the Hongkong and Whampoa Dock Co., Ld, to the order of the Quartermaster's Department at Manila and which was picked up at sea several months age by the British steamer Tungur, has been ordered to be sold by Judge Crossfield, of Mnails,

The lighter was towed by the Tungus to Mauila. Nothing was found aboard of the lighter and fishermen are believed to have looted. everything.

The Captain of the Tangu will come into about 40 per cent. of the price that is received for the lighter, and the balance will go to the Union Insurance Society of Canton, Ld., who accepted a risk on the lighter on bar joure south, The lighter is anchored in Manila Bay

CRICKET LEAGUE TABLE.

"My approval of existing rules auth erizing the landing of cattle from such shipments for immediate slaughter, under certain restrictions, is hereby withdrawn, this withdrawal to be effective as.ón June 1, 1910.

"This action is taken with regret and with a full resiization of the unpleasant anters of some of the consequences which will necessarily follow it, but it is taken only after milder mensures have been exhausted and in the conviction that no action less radical in the character effectively will remedy the existing situation.

"Iar view of the fact that the Bureau of Argiculture is soon to pass the execo tive control of the Honourable the Secretary of the 'Public Instruction, I have deamed it only fair to that official to consult him and beg to inform you that be concurs in my opinion as to the advitability of the course which I am taking.

|

been very steady, the quotations abowing The silver market during the past week has slight fluctuations between 24 and 24d. to day's price being 24 1/165,

Chin has been a fairly parsistent seller, owing probably to the improves Chiasso import trade; and these sales have enabled zac demand from the Indian bazaars and elsewbere to be filled without disturbing the market.

A shipment of over £300,000 to Bombay this week in addition to other outlets bas con siderably reduced the stock in London, but as much of the buying lately has been or forward delivery, yesterday spot silver went to a discount though to-day the quotations are level, The dear future, of the market depends largely on whether Chica continues to well, but, in view of the renewed activity in India and some Continental buying the andestone of the market appear good.

The arrivals of god this week were secured by the Bank of England with the exception of „abant £100,000 required for India. The Book having raised their buying.price for Eagles, considerable amounts are now on their way from New York. Sovereigos to the value of £6.3,000 have been withdrawn during the. week for South america, whilst £878,000 has been received in bare and cols.

9.

BOY EATEN BY WILD DOGS.

A CHASTLY STORY FROM TEURUGA,

A ghastly story is reported from Tsuruga, Echizen pravioco, whore a boy in said to have been satan by wild dogs. According to tha report, the boy in question Watanabe Kichij aged is, of Shimizu, near Teuroga-went out to play with three compacions on Thursday even ing last (zrat'ultimo), but failed to rature with them. A search was laetituled by his relatives, "To the and that all persons conc.med may but nothing was soon of him until the next day, have adequate time to meet the new condí. when they fapad one of his gala in a moun. Mr. A, Ramsay thanked the company on

tions which will arise on and after June 1, 1910, | tain pass'not' far from a temple. Later the behalf of his colleagues for the hearty manner

you are instructed to give this communication search pany saw three wild dogs fighting over In which they had received the toast. Ha The following is the table up to date:- to the public pross and to send a circolar latter como object. On driving the dogs away they | could assure them that it had always been their

Club.

P. W. L. D. Pu. Percent embodylog li to all persont la the islands | were, horrified to see that the object was a effort to foster gand relations between the UK.C.C.......14 10 11 ቡ 81.8r known by you to be interested in cattla impor human skeleton. From some shreds of flesh Chloese and European communities, t Telegraphe.......omil 9 2 2 7 6363 (ations."

and clothing remaining they identified the The toast of "The Chairman" was proposed Bot

348.85

skeleton as the remains of the lost boy. The by Mr. A. Ramsay, in the courao of his re- R. G. Artillery1494 t 5. 38.40 SAYS the Politique Indo-Chinoiss-A new gruesome find was at once brought to the house marks, the speaker said there were, many Royal Engineere...4 8.4.2 $3.55 bank, formed by the aid of capital obtained of the unfortunate boy's parents. The police persons prosent that evening who claimed birth Civil Serviceul404 7 4 —3——17.17 from the Stralis Chinese, is shortly to be open were communicated with and lost ng time in in Scotland. There, was a lot in common H. K. Police S. 3 !! 1 -8 -57.34 | ed ́at. Horgkong. Agencies will afterwards | kanting for the dogs. Eventually, they shot With Chinens and Scotchman. Both con Kowloonới 3 11 4 -1 (#957,41 | be established in the Malay Siatas and at one, but the others had not bean, caught when gaged a good amigual of liquor nad both op. | Craigsugowermomité à MA ref9.00 | Bangkak,

the report isft-japan Chronicle,

We note that a movement is on foot.for start- jog a corps of Boy Scouts in the Malty States. The Perak Pionier remarks:

Why should not Bay Scouts be started in Malays? They are now quite familiar objects in England on any Saturday afternoon and it is quite ovideat that they have come to stay. But few people have anything but a very vague idea of the aims and objects of this movement originally initiated by General Sir R, Badoo either to amuse the boy ur make every boy a Parell. So many think the General's idea is

soldier; what he aims at is to make every boy a good citizen. Be prepared is the motto of the Boy Scout, He is taught to take as his pattern the backwoodsman and explorer or to itse a baiter simile for this country the plauter and minet, all of whom have to depend on their accidents. A Boy Scout is taught to be self- own resources aud be prepared for all kinds of reliant and not dependent on others. He is taught that it is better to play the game that look on at it. At home the organisation of existing organization for boys is as follows:- those Scouts who are not connected with any The smallest unit is the patrol, commanded make up a Troop, commanded by a scout- by one of the boys themselves. Several patrols

the Troops in a certain area are responsible to master, who must be uver 18 years of age. All

and gentlemen interested in work Amongst boys a local committee, formed of the Scoutmasters and in scouting generally. The committee, in tura, is respousible to headquarters. Red tape. is avoided as far as possible, and the utmost

freedom and independence is allowed the vari ous Troops. Each Troop can have its own particolar beadquarters and work in its own way, provided always that it is on the lines laid down in tha official hand-book. eople sometimes ask whether it is a

movement. It religious

has just as much religion as the Scoutmasters like to put into it,

The General recognises that character cannot be built up without ra ligion, but the amount of it and the particular form it should take in left to the ladividual to a particular church and included in the Troop. Thus you can have Troups attached regular parochial organisation; you can have undenominational Troops, Jewish Troops, and so on. If a boy is keen and energetic, bo bas opportunities given him for learning a number of things, which cannot fail to be of use to him in after life. Apart from learning to keep his eyes open, and be preparadio ifself no small achievement-be can earn badges for ambulance wuik, signalling, cycling, map read- ing, and drawing, seamanship, bugling, and for knowledge of the stark, or di sogineering, or a foreign language.

After making what we consider to be ampla provision for bad and daubiful debts stand at $109,78 103, or an increase of $8,041.19 over last year, but in an ever-increasing business such as ons is proving to be this is unavoidable much as we would like to ses a reduction under this heading, and to sireogībem vor position your directors decid. ed to increase the special reserve for bad and doubtful debis by $1,500.00 bringing it shown in the accounts. up to $7,501,00 as Our stock, which has beau valued on the inost,conservative lines, stands at £149,60479 as against $203,586.81 last year or an increase of $15,735.5 and wa.consider our present hold. ing none too high for the business we are doing Furniture and fixtures show a sligat increase, baing Sz1,000,00 as against $20,552,00 at the end of our 1928 financial yaar. Our in- vesimpot account is unaliered and stands

$1,934,58. Additions and improvements to No..

Nanking Road, which stood at $69,425 at

the end of 1908 we have now written off, so this tem will no longer figure in the accounts. Your directors considered it advisable to do this in view of the fact that the lease of those pre.. mises expires 30th June, 1911, -We ate in treaty with our landtards for a ranowal of the lease which we hope to conclude on satisfactory lines, Chat, gentlemen, is all I have to say fa con. fore you, and which are I think as evidence of section with the raport and accounis now ba the stability of aur business, and I trust you will agree with me that though the balance sheet is not perhaps the best, it is one of the putting the resolution to the meeting it any best that has been presented to you. Before shareholder has any questions to ase I will do my best to answer them.

There were no questions, and the Chairman accounts as proteated for the twelve monsibi proposed that the report and statement of

passed. This w11pcanded by Mr. Crawford and ending 28th February, 1910, be accepted and caried

The Chairman proposed, Mr. West seconded, and it was agreed, that a dividend at the raté of ten per cent on the capital of the company be paid in tacis; at exchungs 73, at the Hong- kong and Shanghai Bank to shareholders on the register on 27th April, 1910.

Mr. John West was Is-elected' a director of the company on a proposal by Mr. Crawlord seconded by Mr. Readi

4

Mr. Dunning proposed that Messrs. G. H. and N. Thomson be re-elected auditors of the Company to surve uplit the next ordinary general meeting, and that their remuneration be Tis. 300 per annum, The motion was veconded by Mr. Smith and carried.

Mr. Smith referred to an item in the accounts "directors and auditors' fees 1,710.95" Of this sum Tis, 300 went to the anditors leaving $75 for each director. This strack him as belog an Absurd sum to ask the directors to accept to carry on such a business as theirs, and ha would propose that the remuneration of the directors ba is future $150 each. Even then they would not be overpaid.

adopted.

Mr. Dunning seconded and the proposal was

The Chairman, speaking on heball of his co-directors and himself, said they were very Not only would a scheme baief on the above pleased to receive this expression of approval, lices ba valuable assin apce to our. Volua-aad he wassure that they would do anything they teers, but it would keep our boys out of mischief possibly could taurther the interesis of thecom- and give them a taste of discipline, with that essential dash of romance in it that would prova directors' leos were ridiculously low. There pany. Hethought they were all agreed that tha' to be a most salutary element in the training was no company in Sbsogbal where directors' of the youth of the Colony,

fees were so low as they had bean in this com- pany. He was ne: craving for any more money, but $75 a director was absolutely ridículous for the services which they bad to put in,

The meeting terminated with the chairman's' Announcement that dividend warrants - would be posted this morning.

REAR-ADMIRAL LA CROIX DE

CASTRIES..

OFFICIAL LANDING,

Rear-Admiral La Croix de Cartrics paid un official call on His Excellency, the Officer Ad ministering the Goveromont on

Monday, The official landing of the French Admiral took place at 10.30 am. at Blake Piar, where Guard of Honour was formed of a company. of the 13th Rajputs to receive the Admiral, On arrival His Excellency was received by Captain Taylor and the French Consul, A he stepped on the pier a salata of 13 guns was fired at the Kowloos battery.

Admiral and party was conveyed in chairs to After inspecting the Guard of Honour the Government House,

RAUB GOLD MINES,

MARCH-APRIL CRUSHING,

The following is the result of crushing opera. tions at Raub for the four weeks ending 23rd nit. *--**

Bukit Koman.-Stone crashed 3,328 tons; Gold obtained 1,357 ounces; Average per ton 7.55 dwt,

Bakit Malacca-Stone crashed 411 tons; Gold obtained 41 ounces; Average per ton a dwt.

For the preceding four weekly period the result was qu

Tons. Bukit Komian 3,457 1,289 Bukit Malacca, - 703

7.45

he shareholders at the fourteenth ordinary Repart, of the directors for presentation to

No. 9a Nanking Road, on Wednesday, 27th general meating to be held at their premises, April, 1910, at 5.5 p.

:

The directors have much pleasure in' sub- mitting their report and: a' statement of the comproy'a accounts for the year ended 18th February, 1910,

Profit and Los account.-After deducting

allowing for debanture interent to the 31st for depreciation on furniture and fixtures, directors' and auditors' fees, making allowance

March, 1910, sed transferring a further sum of $3,500,00 to the reserve for bid and donbiful. debts, the balance at the credit of the account amounts to $99,199.95 which your directors pe- commend to appropriate as follows: 1 Pay a dividend of 10% for the year... $35,000,00 And carry forward to new account... 74,229,05 The dividand will be paid in Tacía si ex- chango 73.

retires by rata.

Directors.-Mr. John. We tion, bot being eligible, offers himself for se election...

Auditors. The accounts have been anditad by Mesir. G. H. and N. Thomsen, who antire bat offer themselves for realzction,

JAMBROSE,

Chairma

14th April, 1910,