August 1, 1895. Į
"
on-
CHINA OVERLAND TRADE REPORT.
boilers going day and night, the consump-12,00 as compared with the price at which we tion of firewood is heavy and continuous; bought them, but I am afraid in the investment so there will be a saving when the bullook of this year's reserve we shall not be able to get draught is abolished. Bukit Malaka and Bakit so good an investinent, because we were able to Jalis will be quickly developed after the railway
buy at a very low rate, and I think you will agree is at work, and with the shafts at new Raub and the stocks we hold are all good. There is another Bukit Koman down another 100 ft. so much thing you will notice, and that is that none of our stone will be available for crashing from the
own stock is held in the reserve fund. In the various faces that there will be several years Property account you will see we have made a work " visible without going farther afield. slight alteration. We formerly included our At this stage Mr. Bibby hopes to have dock pumping plant in it. This we have now an electric power installation established
taken out and we have put the dock machinery of about 500 horse-power, which will
and pumping plant into the plant account, tirely put an end to the consumption of instead of into property account. These are all firewood, as it will cope with all the pumping the remarks I have to make on the accounts. We and winding gear, ran the railway, and light that our gross earnings have been larger this year have been busy this year and I may mention the mines above and under-ground and all the thin they have ever been, although our net profits roads and dwellings at no cost at all for power, there being water power enough available at
have not been as large. We have done a great about three miles distance to carry out the
deal of work for factories ashore; that work is whole of the work now done by steam, as well increasing and we hope it will ev ntually be one as faraish the lighting. When the time of our largest sources of income. Mr. Johnston, comes for the electric installation the present
one of the directors, retires accord ng to the battery power will have to be greatly in articles of association. Mr. Thorburn, the creased to cope with the increase in the auditor, also retires and offers himself for re- number of places from which crashing stone election. I have no further remarks to make,
but I shall be glad to answer any questions. fund, asked if the directors had taken into Mr. W. H. Poate, in reference to the reserve consideration whether it would not be advisable to invest it in a new dock. IIe believed the requirements of Shanghai were rapidly increas. ing.
will be available.
Raub of course is not a Londonderry, or anything like it, but it promises to pay its way in a safe, uniform and sufficiently satisfactory manner, when the development of the existing workings shall have been extended. and the railway electric power facilities shall have superseded the present slow, scanty; and necessarily expensive methods of transit and power supply. The coming cart-road to Ula Lipis through Raub will abolish the Bilut boat route and thus save money and time in the transit of machinery from Singapore. The future extension of the Selangor railway over much the s.me route through Ulu Semangko Pass will still further facilitate and cheapen the future development of Raub, which is now ceas. ing to be a speculation and is becoming a quite safe though but a moderately productive mining property, capable of yiolding steady and reason- ably satisfactory returns.
MESSRS. BOYD & CO., LIMITED. The fourth annual general meeting of this Company was held on the 23rd July at the Shanghai Club. Mr. John Prentice presided, and there were present Messrs. Charles W. Hay, James Johnston (Directors), W. H. Poate, J. D. Thorburn, F. J. Marshall, J. Ferrier, ant J. Mckenzie (Secretary), representing in all 6,458 shares.
The Chairmau-Tho report and accounts have been in your bauds for a few days and with your consent we will take them as read. The result of the year's working, including the amount car- ried forward from last year and interest on investments, etc., leaves a balance of Tls. 145,652.07 to the credit of the profit and loss account. This, with your permission, we pro- pose, as you will see by the report, to divide as follows:
1st.-Amount to be added to reserve
fund
TIs.
25,000.00
2nd.-A dividend of Tls. 12 On
ordinary shares
3rd.-
(4
93,600 00 -Amonut to be placed to Maintenance and Depreciation account"
15,000.00
4th.-Balance to be carried to new
account....
9,758,07
Tls... 143,358.07
The reserve fund will then stand at Tls, 100,000, and in connection with that I may men tion that the founders hitherto have not taken anything. We had the right after declaring a dividend of 12 per cent., which we could easily have done of taking the interest, but we have gone ou adding to the reserve fund until it now stands at Tls. 100.000, and in the future I think the founders are entitled to have the interest, supposing We should not usa it, but that is а matter for further discussion. With regard to the reserve fund invest- ments. I suppose you have looked at the amount and you will see that interest ou it amounts to nearly 8 per cent., within a decimal. You will also notice that there has been an in- crease in the value of the shares and bouds in which the reserve fund is invested of nearly Tls.'
87
of which he was Editor. to. Shanghai and started the Shanghai Recorder, the North-China Herald as Editor, Mr. R. S. In 1863 he joineď Gundry being sub-editor, and Mr. Colin Jamie- sou, who afterwards joined the Customs, and was murdered by Chinese, at Chefoo some years ago, being on the staff of this paper. In 1863 Dr. Jamieson gave up journalism and went home, and in 1868 took his degree at the Royal College of Surgeons, England, and subsequently the degree of MD at Dublin University. He returned to Shanghai in 1868 aud has been in constant practice here ever since, being appointed medical adviser to the Customs in 186 He edited the weekly It would be difficult to name any one in paper The Cycle during that journal's existence. Shanghai in the last thirty years with a
more acute intellect or a better stored mind. than Dr. Jamiesou. Ho Was au admirable speaker and writer, and while an able and very busy practitioner, he was essentially a scholar. His wide reading and constant mixing with men of all classes made him a delightful companion, and scholar as he was, there was nothing narrow about him. His opinions were his own and he know how to defend and how to adhere to them. blood poisoning, and this had evidently weakened Some months ago he had a his constitution permanently. He leaves a large severe attack of
unmber of sorrowing friends and patients, while his death is a very distinct loss to the intellectual life of Shanghai.
The Chairman said that the object of the The funeral took place last evening, 26th July, directors was to build up a large fund in case ex, at the new cemetery, the Chapel and a wide space tensions were required, but it seemed nearly half round the grave, which is next the beautiful largely interested in the Company they had Colin, being thronged with his friends and ac- of it belonged to the founders, but as they were monument erected by Dr. Jamieson to his brother studied the interests of the Company rather than quaintances, including a large number of ladies. theirown. Eventually the Company would require The service was conducted by the Rev. James to build a new dock, and the directors would do all they could to provide that as cheaply as possible. Chapel. The coffin was borne to the grave by Bates. who made a touching address in the lately the Company would have to build a new pisley, George Jamieson, Knights, F. J. Mar- If business went ou as it bad been increasing Messrs. Brunat, Cocker, J. W. Harding, Hip- dock and the directors had had that in contem-shall, McBain, and Joseph, the hospital atten- plation for the last four years-ever since the Company started.
daut, and was covered with beautiful wreaths and crosses, conspicuous among them being a large' one with the Irish harp in evergreens. The chief mourners were Messrs. A. H. Jamieson and A. W. Burkill.-N. C. Daily News.
Mr. F. J. Marshall said he presumed the dock could take in any ship, excepting the Empresses.
The Chairman said the dock could accom- modate any ship that conld cross the Bar. The dock was being lengthened, because the German- mail stoamers might be able to cross the Bar aud they wished to be able to accommodate them. The dock now took steamers of 500 feet and they wished to take them up to 560 feet, on angle Wo do not hold ourselves responsible for the opiniona
blocks.
Mr. Marshall said he had noticed there was a
large vessel in the duck at the present time.
The Chairmau said that was the only dock in Shanghai that could take a ship of that class. He begged to move:-That the report and accounts, as presented, be approved and adopted. Mr. C. W. Hay seconded and the resolution was carried.
Upon the motion of Mr. W. H. Poate, seconded by Mr. Ferrier, Mr. J. Johnston was re-elected
a director.
Mr. J. D Thorburn was re-elected anditor, upon the motion of Mr. F. J. Marshall, seconded by Mr. W. H. Poate.
The proceedings terminated with a vote of thanks to the Chairman.-N.-C. Daily News.
DEATH OF DR. R. A. JAMIESON OF SHANGHAI,
CORRESPONDENCE.
!
exprossed by our Correspondents.] THE CONDUCT OF THE RIFLE BRIGADE.
TO THE EDITOR OF THE
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191
DAILY PRESS.' DEAR SIR. With reference to the paragraph appearing in the Hongkong Daily Press of July 22nd, 1895, allow me, du behalf of my comrades and the 1st Batt. Rifle Brigade, to have the. public see that the Rifle Brigade are not so following inserted in your paper to let the black as they are painted.
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The article printed in the Hongkong Daily. Press of the above date has been read by me, a private Rifleman, who spent the greatest part of his life in the East End of London. The individual must-pause before he says we are compelled to enlist, or that there are man who should be brought to justice in this colony. I do not know whether the indi- vidual who wrote the article is responsible for his actions, but if he has the least English blood in It is with very deep regret that we have to him he will apologise for his unmanly remarks announce the unexpected and comparatively concerning the Rifle Brigade, a regiment that sudden death of Dr. R. A. Jamieson, which has always upheld its reputation wherever it bas kong Road at 1.15 a.m. Shortly after mid- occurred on the 26th July at his house in Hong- been, and I think it a scandalons shame to have to read such a thing in a newspaper concerning night on Wednesday 24th his boy went to his men who have given the brightest of their daya room with a note and found him unconscions. to protecting the interests of such people as he Dr. Paulnn was called in and found him suffer- who wrote the article of the 22ud inst-Allow ing from hemorrhage on the brain. He never
me to remain, sir, your obedient servant, regained consciousness. He leaves a widow and
F. BERRY. three sons and three daughters; one son and the eldest daughter, who is herself a widow, are at
Private, 1st Battalion Ride Brigade.
home. The very deepest sympathy is felt for his
Hongkong, 23rd July 1895.
family. Dr. Jamieson was born in Ireland, and was apprenticed in 1856, when he was only four- ̈ teen years old, to a general practitioner in the south of that island, and subsequently went through the course at Queen's University, Dub lin, ending in 1861. He did not qualify, being under age, and then accepted an appointment-in the Consular Service in Japan, and was sent to Peking to study the language. In 1862 Le came
WHAT HOLDS HONGKONG DOWN. TO THE ÉDITOR OF THE DAILY PRESS." SIR, You ask why Hongkong should not rival Shanghai as an industrial confre. I reply, the enormous expense and unspeakable badness of its Government, which places restrictions on and gives no facilities to enterprise, and by taxa- tion of double the amount necessary raises the cost of living for both poor and rich to far be
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